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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

Municipalities underperform in revenue; high debt levels – Treasury report

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In aggregate, municipalities budgeted for total revenue of R706.6-billion for 2025/26 and realised R360.7-billion by December 31, 2025, representing only 51% of spending. This is according to National Treasury’s report on local government revenue and expenditure for the second quarter of the 2025/26 financial year, covering the performance against the adopted budgets of local government for the second quarter of the municipal financial year ending December 31, 2025.

Questions linger on the sustainability of continued GDP growth

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South Africa’s economy grew by 1.1% in 2025, with GDP having expanded by 0.4% in the fourth quarter. The fourth quarter marked the fifth consecutive quarter of economic growth for the country, which acting government spokesperson Nomonde Mnukwa says signals continued resilience in the economy despite a challenging global environment.

N2 bridge projects delayed by struggling local steel sector, construction challenges – Sanral

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Construction work on the multibillion-rand Mtentu and Msikaba bridge projects in the Eastern Cape are both facing renewed delays, says the South African National Roads Agency Limited (Sanral). The mega-bridges form part of Sanral’s N2 Wild Coast road project, which entails the construction of a 410 km stretch of road from East London to the Mtamvuna river on the border of the Eastern Cape and KwaZulu-Natal provinces.

Nersa approves higher electricity hikes for 2026/27 after R54.7bn error

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The National Energy Regulator of South Africa (Nersa) has officially confirmed that the average tariff increase for Eskom direct customers will rise by 8.76% on April 1 and by 9.01% for municipalities on July 1. The confirmation follows the March 5 approval by the Energy Regulator, Nersa’s highest decision making structure, of the Eskom Retail Tariffs and Structural Adjustment (ERTSA) application.

NEF, BMF sign MoU to bolster economic participation, leadership development

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Government organisation the National Empowerment Fund (NEF) on February 28 signed a memorandum of understanding (MoU) with the nonprofit Black Management Forum (BMF), with the aim of having each party leverage their respective mandates, resources and networks to foster sustainable and inclusive economic empowerment, skills development, enterprise growth and transformation at both managerial and ownership levels. The two entities have agreed to cooperate in several areas.
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