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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

South African exports to US face new 25% tariff, but with exemptions

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The US has, from July 24, imposed new tariffs of 12.5% on South African products for the country’s “failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labour”. South Africa was one of 60 countries on which tariffs of between 10% and 12.5% were imposed following a United States Trade Representative (USTR) investigation under Section 301(b) of the Trade Act of 1974.

Nersa extends public comment period for charges levied by electricity distributors

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The National Energy Regulator of South Africa (Nersa) has extended the public consultation period for the Draft Market Inquiry Report on the Impact of Fixed and Generation Capacity Charges Levied by Electricity Distributors from July 27 to September 8. Following a request for additional time, Nersa approved a 30-working-day extension of the consultation period to enable stakeholders to prepare comprehensive and considered submissions. In the interests of fairness and equal treatment, the extension applies to all interested and affected stakeholders.

Green industrialisation rests on strong institutions, capabilities and skills – UN ECA

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Sustainable industrial transformation in Southern Africa depends on strong institutions, productive capabilities, innovation, learning and coordinated policy-making. The United Nations Economic Commission for Africa, Subregional Office for Southern Africa (UN ECA SRO-SA) has called on Southern African countries to strengthen these foundations to capture opportunities emerging from the green economy, rather than remaining suppliers of raw materials.

South Africa's venture capital ecosystem is maturing, study shows

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Successful exits of companies from venture capital funds in South Africa delivered more than twice the capital invested and show that the country’s venture capital ecosystem is moving to a more mature investment market that can attract greater institutional capital, say South African venture capital organisations. The 'South African Venture Capital: Exit & Performance Analysis' report shows that realised cash returns substantially exceeded invested capital, with capital-weighted realised returns ranging from 2.01-times to 2.45-times invested capital.

TFR making progress on coal rail line improvements

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South Africa has an abundance of coal reserves, but the coal mining sector’s competitiveness requires an efficient logistical network to move coal from mine to market. While the industry has faced significant challenges with regard to rail reliability, infrastructure security concerns and port constraints, performance in the sector is improving and collaboration is strengthening.
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