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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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R6.7bn in savings secured under Targeted and Responsible Savings scheme

The National Treasury has started to quantify the savings it is expecting from its Targeted and Responsible Savings (TARS) initiative, which seeks to identify low-priority or underperforming programmes for possible closure, as well as to weed out ghost workers. The approach seeks to move away from the across-the-board cuts to budgets that have been implemented in previous Budget cycles, and which the National Treasury acknowledges eroded services and financial management.

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