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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

Creecy highlights private prospects in freight logistics on eve of rail announcement

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Transport Minister Barbara Creecy has confirmed that major private sector participation (PSP) projects in the freight logistics sector will be brought to market in the current financial year and that the first private train operating companies (TOCs) will begin operating from April 2027. Delivering the department’s R102-billion Budget Vote the day before the identities of the first 11 TOCs were due to be formally announced, Creecy said these private operators could be expected to move 24-million tons of cargo yearly once fully operational.

Nersa approves free basic electricity rate for 2026/27

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The National Energy Regulator of South Africa (Nersa) has approved the national Free Basic Electricity (FBE) rate of R2.38/kWh for the 2026/27 municipal financial year, effective from July 1, this year, to June 30, 2027. This rate will be used by State-owned utility Eskom to bill municipalities for the FBE units supplied to qualifying households in the Eskom supply areas.

MTN delivers strong Q1 results

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JSE-listed MTN Group on Tuesday reported a strong first quarter performance as the group executes on its Ambition 2030 strategy. During the three months to March 31, MTN Group earnings before interest, tax, depreciation and amortisation (Ebitda) increased by 27.9%, outpacing revenue growth owing to a continued focus on expense efficiencies.

Geopolitics, energy prices, climate risks reshaping agriculture outlook – Coface

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A convergence of geopolitical tensions, higher energy prices and climate risks is reshaping the outlook for agricultural producers, exporters and agribusinesses, thereby creating conditions that will eventually weigh on global agri‑food systems, says trade credit risk management company Coface. Producer price inflation, which had eased prior to the geopolitical shock, is now likely to reverse. Rising fertiliser, fuel and intermediate input costs are expected to place renewed pressure on farm margins and profitability.
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