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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

New subsea cable to strengthen the connectivity between Europe, Africa launched

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A memorandum of understanding (MoU) has kicked off the initiation of the Via Africa submarine cable project, a major new Europe–Africa submarine cable project that will connect Europe to Africa along the Atlantic coast. Through a robust and proven consortium model, bringing together leading industry players including Canalink, Guilab, International Mauritania Telecom, Orange Group, Orange Côte d’Ivoire, Sonatel, Silverlinks, the new subsea system aims to connect Europe to South Africa.

GCRO, Mistra launch Gauteng 2035 scenarios report

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A new report has outlined three scenarios for South Africa’s most populous province by 2035. The 'Finding Our Rhythm: Pathways and Futures for the Gauteng City Region' report, published on Wednesday, aims to deepen understanding of potential futures for the Gauteng City Region and to chart pathways towards positive developmental outcomes.

Goldman now sees two 2026 South Africa rate hikes because of war

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Goldman Sachs expects South Africa to raise interest rates twice this year after previously seeing a series of cuts, as the Iran war fans inflation risks around the world. The bank forecasts quarter-point increases at the central bank’s meetings in May and July, after raising its oil-price and inflation assumptions in response to ongoing tensions in the Middle East, Goldman economist Andrew Matheny said in an interview.

JSE to appeal High Court order to review penalties imposed on former Tongaat CFO

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The JSE has applied for leave to appeal the North Gauteng High Court's order, issued on April 20, that the stock exchange review its decision to impose a public censure and penalties against Murray Munro, who is the former CFO of distressed sugar miller Tongaat Hulett. On April 18, 2023, the JSE announced that it would impose penalties on Munro, including a public censure and a fine of R6-million, as well as immediate disqualification from holding the office of a director or officer of a listed company for a period of ten years.

Nersa asks court to extend deadline for final 14 municipal tariff applications

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The National Energy Regulator of South Africa (Nersa), on May 13, said it would approach the High Court to seek an extension of the May 11 deadline imposed by the court on February 20 to finalise the consideration and approval of 14 outstanding municipal and private distributors’ tariff applications for the 2026/27 financial year. Nersa approved 162 of the 176 tariff applications received on March 31, 2026, within the prescribed timeframe by May 11.
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