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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

Manufacturing production down 3.5% y/y in September

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Manufacturing production decreased by 3.5% year-on-year in September, Statistics South Africa reports. The largest negative contributions came from motor vehicles, parts and accessories and other transport equipment (-15% and contributing -1.1 percentage points); wood and wood products, paper, publishing and printing (-11.2% and contributing -1.1 percentage points); furniture and ‘other’ manufacturing (-19% and contributing -0.8 of a percentage point); and basic iron and steel, nonferrous metal products, metal products and machinery (-3.7% and contributing -0.8 of a percentage point).

SACPCMP, DPWI launch Social Facilitation Registration booklet

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As the South African Council for the Project and Construction Management Professions (SACPCMP) celebrates its twenty-fifth anniversary, the industry body has launched the Social Facilitation Registration booklet in collaboration with the Department of Public Works and Infrastructure (DPWI). During the SACPCMP conference on November 10, the industry body’s president, Sharon Shunmugam, explained that the booklet serves to introduce social facilitation as a new professional legislation handbook.

South Africa to launch nuclear consultations ahead of 5.2 GW Ministerial determination in 2027

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A document outlining the case for introducing new nuclear electricity generation in South Africa will be released by the Department of Electricity and Energy (DEE) for public comment this month as government seeks to lay the groundwork for another procurement process, following the failure of three previous attempts since 2008. Speaking at a nuclear and clean energy conference in Gauteng, Electricity and Energy Minister Dr Kgosientsho Ramokgopa also confirmed he was planning to Gazette a Section 34 Ministerial determination between April and June, opening the way for the procurement of the 5.2 GW nuclear allocation included in the Integrated Resource Plan of 2025.

Premier records strong interim performance

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JSE-listed Premier Group’s operating profit increased by more than 50% in the six months ended September 30, its first year with Rhodes Quality and Bull Brand in the family, with the group having maintained a robust balance sheet and having commissioned a new bakery in Middelburg, Mpumalanga. Premier took on RFG Holdings’ debt in the R6.5-billion acquisition completed in March, but maintained its leverage at 0.7x, in line with pre-acquisition levels, as cash generated from operations rose by 43% to R1.8-billion.

Eskom’s Koeberg Unit 2 passes containment leak test, achieving critical safety milestone

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State-owned power utility Eskom has reported that Unit 2 of its Koeberg nuclear power station, in Cape Town, successfully passed the integrated leak rate test (ILRT), confirming the structural integrity and leak-tightness of the containment building. The utility says the ILRT, which is a mandatory test conducted every ten years as part of Koeberg’s ongoing mandatory licensing requirements, confirmed that Unit 2 met all the required acceptance criteria, thereby validating the continued integrity and performance of the containment structure.
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