Western Cape separatist loses complaint against Daily Maverick
A ruling by the Press Ombud has helped clarify clauses about fact versus opinion in the Press Code
Uncover the best tail-wagging adventures at these KZN South Coast pet-friendly venues
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ZANU-PF should be barred from South Africa’s elections
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Choosing the Right Vanity Units, Basins, and Accessories for Your Bathroom
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One More Missed Golden Opportunity
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Responsible Spending Bill Rejected
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Fund to invest in SA’s creative, cultural industries announced
Fund to invest in SA's creative, cultural industries announced
The Marketing, Advertising, and Communications (MAC) Sector Council, in collaboration with eQvest Limited, has announced the Media, Advertising, and Communications Charter (MACC) Fund.
The MACC Fund is positioned as a transformative instrument within South Africa’s creative and cultural industries, particularly the film and television sector.
The council and eQvest made the announcement during a media briefing at The Syrene Hotel in Sandton, Johannesburg, on Wednesday.
Council members, together with eQvest executives, highlighted the fund’s role in fostering social impact and its compliance with Broad-Based Black Economic Empowerment (B-BBEE) standards in the MAC sector.
According to the team, the MACC Fund represents a significant step forward in catalysing growth and transformation within the media, advertising and communications industry.
By fostering diversity and inclusivity, the fund seeks to create a more equitable playing field, empowering underrepresented voices and promoting innovation.
Chairperson of the MAC Sector Council, Angelo Tandy, hailed the collaboration with eQvest as a significant milestone in their endeavour to foster meaningful progress in the industry.
“The MACC Fund represents a powerful tool for advancing diversity, equity, and inclusion, and we are excited to see the impact it will have on the sector,” Tandy explained.
Hosted on the eQvest funding platform, the fund represents a pioneering initiative to bridge the gap between promising private companies and potential investors, driving economic empowerment and fostering diversity within the media landscape.
eQvest CEO, Nathaniel Bricknell, said his company was thrilled to collaborate with the MAC Sector Council in launching the fund.
“This initiative underscores our shared commitment to driving positive change and fostering innovation within the media, advertising, and communications industry. Together, we will work towards a more inclusive and equitable future,” Bricknell added.
By leveraging a unique private-public partnership model, the initiative aims to boost investment into areas critical for national development.
It also includes social cohesion, nation-building and poverty alleviation, above-the-line media, outdoor media buying, equipment purchasing, as well as infrastructure development.
The partnership recognised that the local industry falls short of global counterparts such as Hollywood, Bollywood and Nollywood in terms of production volume and market share.
This shortfall is often due to insufficient private sector investment and the underuse of available incentives, including tax allowances for film investors.
The MACC Fund was created as a critical response to these challenges, providing focused investment and support to promote equitable growth, bolster sectoral capabilities, and guarantee a unified strategy for transforming the landscape of these industries.
The MAC Sector Council is a leading authority in the media, advertising, and communications industry, dedicated to promoting diversity, equity, and innovation.
Comprised of industry leaders and experts, the council works collaboratively to address key challenges and opportunities facing the sector. The council is responsible for, among other things, overseeing the implementation and monitoring compliance with the council’s code.
It also guides on matters relating to BEE in the MAC sector and develops baseline indicators for all different elements of the B-BBEE.
The eQvest is a pioneering investment platform committed to driving positive change and fostering innovation in the private equity space.
With a focus on sustainability and social impact, eQvest connects investors with high-potential investment opportunities, driving growth and transformation across various sectors.
For more information on the fund visit https://maccfund.co.za. – SAnews.gov.za
Gabisile
Thu, 05/09/2024 - 12:59
81 views
Hi-Tec Mothers’ Day Gift Guide!
We have one-stop shoppers in mind with this Mother’s Day gift guide that includes picks for every type of mom. Choose something the mom in your life will use — like a snuggly jacket with functional pockets or sporty-chic running shoes. When in doubt of where to buy these staples, keep in mind a retail …
Enhancing Business Efficiency with Courier Services: Same Day and International Parcel Deliveries
Introduction In today’s fast-paced business environment, the efficiency of courier services plays a pivotal role in the success of a company. Whether it’s ensuring same day delivery for urgent parcels or managing international shipments, the ability to deliver goods promptly and securely can set a business apart from its competitors. The Evolution of …
DMRE hosts Battery Energy Storage bidders’ conference
DMRE hosts Battery Energy Storage bidders' conference
The Department of Mineral Resources and Energy will today host a bidders' conference in respect of Battery Energy Storage (bid window 3) under the Independent Power Producer Procurement Programme (BESIPPPP).
The department launched a third Request for Proposal (RFP) under the Independent Power Producer Procurement Programme (IPPPP), calling for the procurement of 616 MW of new generation capacity from battery energy storage technologies.
“The third battery energy storage bid window calls for 616 MW (2464 MWh) battery energy storage capacity and ancillary services in line with the power system service requirements as set out by the system operator. The procurement round will procure five storage facilities that are located within the Free State province,” said the department.
The new bid window was released on 28 March 2024 in accordance with the Ministerial Determinations made under the 2019 Integrated Resource Plan (IRP2019).
“In support of this significant milestone in the IPPP programme, and to engage with potential bidders and other energy sector stakeholders, the Department of Mineral Resources and Energy (DMRE), and the Independent Power Producers Office, will host a virtual bidders' conferences on Thursday, 9 May 2024,” said the department.
The conference will allow all stakeholders to engage with members of the DMRE and IPP Office on queries or clarification questions in relation to the released RFP.
Hosted on an e-platform, it further aims to provide more information on the qualifying criteria and bid submission requirements.
The conference is open to any interested parties of the BESIPPPP BW3 Programme. Stakeholders can register at the following link: conference registration.
Further queries can be sent to events@ipp-projects.co.za or query@ipp-storage.co.za. – SAnews.gov.za
Janine
Thu, 05/09/2024 - 09:42
249 views
The Best Audio and Visual Equipment for Every Room
Introduction In the age of streaming and digital media, setting up the perfect home entertainment system has become a priority for many. From immersive sound to high-definition visuals, the right equipment can transform your living space into a personal cinema or concert hall. In this blog, we will explore various components like headphones, home …
President to engage Northern Cape residents on various issues
President to engage Northern Cape residents on various issues
President Cyril Ramaphosa will today lead government’s interaction - in the form of a District Development Model Presidential Imbizo - with communities and stakeholders within the John Taolo Gaetsewe District Municipality in the Northern Cape.
Themed "Leave No One Behind", the 12th Presidential Imbizo promotes participatory democracy and inclusive development by allowing community members and stakeholders to voice proposals and express any concerns or dissatisfaction they may have about conditions in the district or province.
The official programme is expected to get underway at 11am at the Batlharos Sports Ground.
According to the Presidency, the John Taolo Gaetsewe District Municipality is a rural district municipality which comprises three local municipalities - Ga- Segonyana, Joe Morolong and Gamagara.
“Mining, tourism, manufacturing and agriculture and forestry are key economic drivers in the district,” the office said in a statement.
The imbizo is directed at enabling successful implementation of the “One District, One Plan” District Development Model in which residents, traditional leaders, business formations, organised labour and faith- and community-based organisations work with government across all phases of planning, implementation, and evaluation.
In March, residents of Emalahleni, in Mpumalanga, had the opportunity to engage the President on the pressing matter of service delivery, among other issues.
Read I Communities have their say at Imbizo
There have been various build-up outreach activities led by all three spheres of government in parts of the district municipality and across the Northern Cape.
Ahead of the community engagement, President Ramaphosa will meet with the Northern Cape Provincial Executive of the House of Traditional and Khoi-san Leaders. – SAnews.gov.za
Janine
Thu, 05/09/2024 - 10:01
205 views
5 Spirited Ways to Celebrate World Cocktail Day 2024
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Activists want 12 more pieces of public land used for housing
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Understanding Abortion Clinics: Services, Access, and Support
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Fabulous Woman Awards 2024 Entries Now Open Celebrating Change Agents Across South Africa
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Unveiling the Norm: Why Google Ads Audits are Essential for Every Business
In the dynamic world of digital marketing, staying ahead of the curve is not just a luxury; it’s a necessity. As businesses strive to navigate the complexities of online advertising, Google Ads emerges as a beacon of opportunity, offering unparalleled reach and targeting capabilities. However, success in the realm of Google Ads is not guaranteed; …
Unpaid school uniform makers occupy Gauteng social development offices
Sewing co-operatives delivered thousands of school uniforms to learners in need, but the department is disowning them
Coal mine accused of making “manifestly scurrilous” allegations against opponents
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Universal Basic Income Grant: who should run it?
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Putting Clients First: Centurion Law Group Rebrands as CLG
Pan-African legal and business advisory group Centurion Law Group has officially rebranded to CLG (https://CLGGlobal.com), underscoring a firm-wide commitment to innovation and growth. The rebrand aligns closely with the firm's mission to consolidate its position as the leading legal practice and business advisor in an ever-evolving energy environment. With the rebrand, clients can expect expanded service offerings and elevated levels of excellence, as the firm moves to become the go-to legal platform for the African continent.
CLG's rebranding responds to growing client and shareholder demand for leadership in tackling complex legal issues across all energy sectors. As one of the continent's fastest-growing industries, energy is undergoing significant development and rapid change. The rebrand positions CLG to support these developments with a team of internationally-trained lawyers offering a suite of comprehensive services.
The firm's team of experienced legal professionals offers an in-depth understanding of the market and excels at navigating complex operating environments. CLG is the preferred professional services partner in Africa, equipped to offer on-the-ground support across multiple sectors.
CLG's rebranding journey is driven by several key motivations, including strategic differentiation, a more streamlined identity, global appeal and expanded service offerings. The new brand identity reinforces the firm's commitment to excellence, while signaling a fresh perspective and approach to legal services. It also provides a modern corporate identity that resonates with clients and stakeholders across diverse markets and builds broader brand recognition.
As a firm, CLG has a rich history of spearheading transformative oil and gas transactions across Africa, setting it apart as the leading law firm for the oil and gas industry. With extensive experience and deep-rooted technical expertise in the sector, CLG has a proven track record of providing top-tier legal services and strategic advice to clients across the energy spectrum. Its team has successfully guided clients through complex regulatory landscapes, contractual negotiations and large-scale transactions.
The firm's comprehensive understanding of the industry and its nuances ensures it is well-equipped to handle all legal aspects of oil and gas projects. From exploration and production to refining and distribution, CLG offers tailored solutions that address the specific needs and challenges of its clients.
Operating in several markets including South Africa, Nigeria, the Republic of Congo, South Sudan, Mauritius, Ghana, Cameroon, Equatorial Guinea, Mozambique and Germany, CLG prides itself on building lasting relationships with clients and delivering exceptional results. The firm's reputation for excellence and commitment to client satisfaction makes it the trusted choice for businesses operating in the energy sector.
CLG recently achieved several significant milestones, including securing a listing on the Open Market of the Düsseldorf Stock Exchange under Calvert International AG (CIAG). Founded in 2007, the firm has quickly established itself as a leading pan-African legal and advisory conglomerate, dedicated to providing innovative and strategic solutions to clients across the continent. With a focus on excellence, integrity and client satisfaction, CLG has played a central role in driving the growth and success of its clients in an ever-evolving business environment.
The firm's positive track record serves as a cornerstone for future success, and the CLG rebrand marks a pivotal moment in its journey, symbolizing a strategic shift towards greater success, resonance and impact within the global legal and business landscape. This transformation is not only cosmetic, but also underscores CLG's commitment to serving as a modern, dynamic and global-minded legal, business and tax partner.
“While we are proud of our accomplishments, our sights are set on the future, driven by an unwavering commitment to adapt, innovate and position our company for continued growth and success in an ever-changing business environment. CLG stands resolute in our dedication to meeting the evolving needs of our clients and enhancing the scope and quality of our services,” stated CLG CEO Zion Adeoye.
“The rebranding to CLG signifies a new chapter for our clients as we enhance our focus on delivering exceptional legal, tax and business advisory services. Our clients can expect a more streamlined and impactful experience, backed by our unwavering commitment to their success,” Adeoye added.
Visit CLG's new website at https://CLGGlobal.com.
Distributed by APO Group on behalf of CLG.