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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 Africa's official unemployment rate dips in third quarter

South Africa's unemployment rate fell slightly in the third quarter of this year, as jobs were added in construction, social services and trade, the statistics agency said on Tuesday. The official jobless rate stood at 31.9% in July-September, down from 33.2% in April-June. Unemployment rose above 30% five years ago during the Covid-19 pandemic and has been stuck there since, despite repeated government initiatives to try to boost job creation. Six of the 10 industries tracked by Statistics South Africa recorded employment gains in the third quarter, while four saw decreases. The most jobs were added in construction (130 000 jobs), community and social services (116 000) and trade (108 000).

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