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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

Capitec to list on A2X Markets

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Diversified financial services group Capitec has been approved for a secondary listing on licensed stock exchange A2X Markets, with its shares to be available for trade on the A2X from September 7. The company will retain its primary listing on the JSE. The secondary listing on the A2X is expected to broaden investor access to Capitec’s ordinary shares by providing an additional regulated trading venue, thereby enhancing shareholder choice and supporting liquidity in the company's ordinary shares. 

Absa PMI shows sharp drop in factory output in August

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The business activity subindex of financial services firm Absa’s Purchasing Managers’ Index (PMI) showed a sharp deterioration of 8.6 points to 40.2 in August, which is its lowest level this year and signals a sharp deterioration in factory output, says economic research institute the Bureau for Economic Research (BER). The headline Absa PMI declined further in August, falling to 45.8 points from 46.8 in July.

Bontebok National Park reopens to the public after May floods

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The Bontebok National Park, near Swellendam, in the Western Cape, is again open to the public after the road, chalets and camping area were repaired. Severe flooding on the Breede river in the Western Cape in May caused severe damage to some of the park’s chalets and the picnic site, as well as the near-complete destruction of the main access road to the accommodation area.

Sasol earnings up 9% on higher oil prices, fuel sales volumes

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South African petrochemical firm Sasol said on Tuesday its annual profit rose 9% from a year ago, buoyed by higher crude oil prices and increased fuel sales volumes.  Sasol's headline earnings per share – a profit measure – came in at R38.31 in the year ended June 30, compared with R35.13 the previous year.
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