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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

Itac to submit steel tariff review to Minister as it calls for comment on more changes

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The International Trade Administration Commission of South Africa (Itac) has confirmed that it has made a final determination in relation to a far-reaching review of steel tariffs and will now forward its report to Trade, Industry and Competition Minister Parks Tau. The outcome, Itac said in a Gazette notice, would be made public once the Minister had considered the report.

B20 Agri Task Force calls for coordinated action to unlock Africa’s ‘food basket to the ...

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The B20 Sustainable Food Systems and Agriculture Task Force has emphasised the urgency needed to strengthen Africa’s food system by 2030, particularly as the continent will need to feed an additional 200-million people by 2030 amid a widening investment gap. It is estimated that eight-million hectares of additional crop land will be needed by 2030 globally, which can be provided by Africa to a large extent.

Sars launches Large Business Forum to boost relationships and compliance

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The South African Revenue Service (Sars) has launched the Large Business Forum to foster voluntary compliance and strengthen the relationship with South Africa’s largest corporate taxpayers. “The forum creates a space where Sars and taxpayers can solve challenges together, share insights and drive innovation. This partnership enhances the integrity of our tax system, supports business growth and contributes to South Africa’s fiscal stability for the benefit of all stakeholders,” says Sars Commissioner Edward Kieswetter.

South Africa must capitalise on successful G20 by strengthening domestic fundamentals – BLSA CEO

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South Africa’s hosting of the G20 meetings, including the B20 Summit and the G20 Leaders Forum, at the weekend, showcased the country’s strengths, with smooth logistics, good infrastructure and a deft handling of the complex political and diplomatic processes that had to be followed, business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso writes in her latest newsletter. “The resulting G20 Leaders Declaration is a powerful document that sets out a vision and set of actions that tackle several global challenges, and there is much that puts African development on a strong footing,” she highlights.

Cell C Holdings closes listing offer at R26.50 a share

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Soon to be JSE-listed Cell C Holdings on Monday said that its offer closed on Friday at R26.50 a share, an offer price implying a market capitalisation of R9-billion, based on a total of 340-million ordinary shares in issue. Cell C expects to start trading on the JSE on November 27.
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