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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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South African rand weakens as manufacturing beat fails to offset tariff nerves

The South African rand was weaker on Monday as better-than-expected domestic manufacturing data failed to offset trade concerns, with the country scrambling to secure a lower tariff rate on its exports to the United States. US imports from South Africa face a 30% duty, the highest rate among sub-Saharan African countries, but President Cyril Ramaphosa's office said last week he had spoken with US President Donald Trump and that the two countries' trade negotiating teams would hold more detailed talks.

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