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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

Investors commit R105-billion-plus to Northern Cape development

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South Africa’s minerals-endowed Northern Cape province has attracted more than R105-billion in investment pledges in new and expanded mining, energy and agriculture projects, with an expected 19 800 new jobs to be created as a result. The investment accords were signed at this week’s inaugural Northern Cape Investment and Jobs Conference in Kimberley. The three-day conference was attended by over 900 stakeholders, including government Ministers, industry leaders and prospective investors, to catalyse investment and growth opportunities in the province’s green energy, minerals and mining, agriculture, industrialisation, infrastructure and logistics, and tourism sectors.

Standard Bank closes $800m sustainability-linked syndicated loan from international lenders

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Financial services firm Standard Bank has closed an $800-million sustainability-linked syndicated loan with 30 banks from across Asia, Australia, Europe, the Middle East and North America. The interest rate on the loan is linked to Standard Bank’s performance against two sustainability key performance indicators, namely green finance and social finance mobilisation, which also align with its sustainability strategy.

Vaal SEZ to drive reindustrialisation, job creation

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Trade, Industry and Competition Deputy Minister Zuko Godlimpi has noted that the proposed Vaal Special Economic Zone (SEZ) is aimed at revitalising the economy by driving industrialisation and bringing back its manufacturing strength. He was speaking to community stakeholders and local entrepreneurs who attended the public consultation meeting hosted at the Vereeniging Town Hall, in Gauteng, on April 15.

MTN Group maintains Level 1 BBBEE status

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Telecommunications giant MTN Group and its subsidiary MTN South Africa have both sustained their respective Level 1 broad-based black economic empowerment (BBBEE) contributor status in 2025. This marks the sixth consecutive year for MTN Group and the seventh consecutive year for MTN South Africa.
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