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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 rand set for longest winning streak since 2002

South Africa’s rand is on a weekly winning run not seen in more than two decades as elevated precious-metal prices and an improving economic backdrop drive gains. The currency is on track for its eighth straight weekly advance against the dollar, which would be the longest streak since December 2002, according to data compiled by Bloomberg. It’s strengthened 6.1% over the period. While record gold and silver prices have supported rand gains, economic reforms and a cautious central bank have also helped. Policy makers adopted a lower inflation target last year, boosting confidence that the country will maintain its interest-rate advantage over the US. “Possibly, the main cyclical factor is the commodity tailwind,”, said Burak Baskurt, chief emerging markets strategist at BNP Paribas. “But structural factors mostly explain the sharp appreciation.”

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