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News, Directory, Events and Other Stuff
Datacentrix, a leading hybrid IT systems integrator and managed services provider, is pleased to announce that it will be hosting the next iteration of its iconic Showcase event on Thursday 22 August 2024 at Montecasino in Johannesburg. The event is proudly supported by Diamond sponsor, Hewlett Packard Enterprise (HPE). The full-day event promises a vibrant …
While the Southern African Institute of Steel Construction (SAISC) is closely monitoring seismic changes happening upstream, it has taken a strategic decision to focus on ensuring a steady supply of good quality steel for downstream steel businesses, says Chief Executive Officer (CEO) Amanuel Gebremeskel. Against a backdrop of economic and policy uncertainty and potential facility …
New vehicle sales received a long-awaited injection of positivity in July, showing growth effectively for the first time in nearly a year. According to data released by naamsa | the Automotive Business Council, the South African new vehicle market grew 1,5% year-on-year to 44,229 units. July sales were only the second month after April to …
Eurorepar, a new independent aftermarket brand of Stellantis, has launched in South Africa. Initially designed to cater to the needs of Stellantis (Opel, Peugeot, the Jeep® brand, Citroën, Abarth, Alfa Romeo and FIAT) owners whose vehicles have surpassed the initial warranty and service plan period, Eurorepar offers a comprehensive range of high-quality, cost-effective parts and …
Chery continues to add more and more charitable causes to its roster under its With Chery With Love (#WCWL) programme. For its latest initiative, the Chinese brand mobilised dealers, head office staff and international team members to collect and distribute food and clothing to Mother of Peace, a group of orphanages with homes in Northriding …
Recently, the performance of GWM has been very remarkable. While maintaining rapid growth in overseas sales, the profit growth brought by high-value models shows that its differentiated overseas market strategy has broad prospects. Data shows that GWM sold 201,500 vehicles overseas from January to June, with a year-on-year growth of 62.59%. In June, 38,104 vehicles …
MIDRAND, July 31, 2024 – Stellantis South Africa has celebrated the performance of their dealer network, ranking winners across seven categories in addition to each of the brands. The Stellantis Dealer of the Year awards was hosted at Monte Casino against the backdrop of the company’s latest product introduction, the Citroën C3 Aircross. The event …
Exness (https://apo-opa.co/3LKDl87), one of the largest multi-asset retail brokers in the world, has announced that it has reached yet another significant regulatory milestone. The Financial Sector Conduct Authority (FSCA) has granted the company an ‘Over-the-Counter Derivative Provider' (ODP) license in South Africa, broadening its license portfolio.
This achievement underscores Exness' dedication to client security, high regulatory standards, and transparency within the South African market.
The ODP license mandates stringent risk management protocols, and reporting standards, providing clients with an extra layer of protection in the trading environment. This enhanced regulatory status further reinforces Exness' position as a trusted broker for local traders.
Paul Margarites, Exness Regional Commercial Director, said, "The ODP license acquisition signifies a significant stepping stone for Exness in South Africa. Our promise to provide a frictionless trading experience doesn't stop at trading conditions and a seamless client journey but extends to robust safety and security measures that put our clients first. In today's online trading landscape adherence to the FSCA's stringent standards ensures that our South African clients have an extra layer of peace of mind when trading with Exness.”
Exness uses technology and ethics to raise the industry benchmark and create favourable conditions for traders. It offers clients a frictionless trading experience through its superior proprietary platform and unique market protections, allowing traders to experience how the markets should be.
Distributed by APO Group on behalf of Exness.
Tiger Wheel & Tyre today announced a remarkable milestone in its ongoing growth and expansion strategy. Over the course of just six weeks, the company will open six new stores across South Africa, showcasing its strength and commitment to serving motorists nationwide. Credited with reinventing the wheel and tyre retail and fitment experience, in its …
The Arts & Culture Trust (ACT) is pleased to announce the successful candidates for the fourth iteration of the ACT Thuthukisani Programme Atologa 2024. This fourth iteration of the programme, with training provided by the The ICRD Group Foundation and Startup Business Campus, sees 50 participants selected from all 9 provinces of South Africa. Leading …
The digital drive towards alleviating poverty, promoting economic growth, and building opportunities through financial inclusion is slowly being won. But, for many Africans, ‘cash is still king,’ and financial institutions have much to do to build on the successes that saw 49% of Africans join the formal banking sector between 2011 and 2022, says Standard …
Pretoria, South Africa, 26 July 2024 – This year Discovery celebrates 35 years of ingenious versatility with a new special edition version of its luxurious full-size seven-seat SUV. Discovery remains an exceptional family SUV that’s been setting the standard for versatility and all-round breadth of capability since its world premiere at the Frankfurt Motor Show …
FAME Week Africa was launched in 2021, providing a network and opportunity for an industry hard-hit by Covid. Cape Town has been the natural choice to host the event which brings international and national visitors to the cultural hotspot. FAME Week Africa will once again ignite the conversation and the connections from 1-7 September at …
The Arts & Culture Trust (ACT) is thrilled to announce an open call strictly for Gauteng-based costume designers to collaborate on an exciting project that is part of the 2024 ACT Nyoloha Scholarship Programme. The selected designer will have the opportunity to design costumes for participants who will be showcasing their talents at the prestigious …
Standard Bank Group – Africa’s largest bank by assets and with operations in 20 markets on the continent, signed a Memorandum of Understanding (MoU) with the African Union Peace Fund to help the African Union (AU) in its resource mobilization efforts for peace across the continent. The MoU was signed during the African Union Peace …
Johannesburg, Tuesday 23 July 2024 – School of Rock South Africa has announced its expansion within the country with the signing of a Sub-Franchise Agreement. This exciting development will see the opening of the first School of Rock location in Johannesburg, based in the vibrant neighbourhood of Parktown North. The new Franchisee, who joins the …
Johannesburg, South Africa – In line with Sasol’s commitment to nurturing entrepreneurship in South Africa and supporting the socioeconomic development of fence-line communities, Sasol Energy Marketing and Sales is partnering with Township Entrepreneurs Alliance (TEA) as a fuel sponsor to enable TEA to conduct its mission of developing entrepreneurs in townships, rural areas and informal …
Investment in African critical minerals are on the rise, with global entities acquiring assets, funding upstream projects and developing midstream and logistics facilities. Over the past three years, Zambia (http://apo-opa.co/3yk2ymJ) – Africa's second-largest copper producer – has recorded $10 billion in investments (http://apo-opa.co/3WibyRd) in its mining sector. These investments are pushing the country closer to its goal of increasing copper production to one million tons by 2026 and three million tons by 2030, with several new projects coming online. To promote opportunities and drive fresh investment across African markets, the upcoming Critical Minerals Africa Summit (http://apo-opa.co/3WzznFR) will feature a dedicated Investment Forum.
The Critical Minerals Africa 2024 summit on November 6 - 7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference (http://apo-opa.co/3VMQTpp) on November 4 - 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com
The Investment Forum will delve into investment opportunities across the spectrum of critical minerals and rare earth projects, highlighting how African governments are partnering with global stakeholders to create an enabling environment for market expansion.
Zambia introduced the Mineral Royalty Tax Reform in 2022 – reducing mineral royalty rates for investors – resulting in a surge of fresh investments. In June 2024, mining firm Jubilee Metals Group (http://apo-opa.co/3WiXJlA) acquired two operational copper mines to support efforts to increase activities at its Sable Refinery in Zambia. Canadian mining firm Ivanhoe Mines (http://apo-opa.co/4d4bNqc) also announced that is investing in the expansion of a concentrator at the Kipushi Copper Mine, aiming to increase output to 960,000 tons of copper annually by 2030, up from 140,000 tons in 2024. The UAE's International Resources Holding is providing $300 million to enhance copper production at Mopani Mines, following its acquisition of a 51% stake in a $1.1 billion deal in April 2024. The Investment Forum will showcase lucrative prospects for global investors within Zambia's copper value chain.
Meanwhile, Zimbabwe (http://apo-opa.co/3WwoAfw) banned the export of raw lithium in 2022 in a bid to attract investments across the midstream sector to value add its lithium output. The regulation aims to help the country account for 20% of global lithium demand, build a $12 billion economy by 2030 and has resulted in an influx in new investments and project launches. Mining revenue (http://apo-opa.co/4bPAEwM) has grown from $3.5 billion in 2020 to $9.77 billion in 2023, as a result. Mining firms including Rwizi Rukuru, Shengxiang Investments, Chengxin Lithium Group, Zhejiang Huayou Cobalt and Sinomine Resource Group have invested in large-scale lithium processing facilities in 2023 and 2024. The Investment Forum will feature stakeholders from Zimbabwe's critical mineral sector in panel discussions and exclusive networking sessions, highlighting investment opportunities across the mining value chain.
With the global demand for critical minerals set to increase by four times by 2030 – driven by increasing adoption of clean energy technologies – Africa, which holds 30% of the world's total critical mineral reserves, is well positioned to attract global investors. South Africa holds 80% of the world's platinum group metals, Morocco 70% of total phosphate, the Democratic Republic of Congo the world's largest cobalt reserves, Guinea-Conakry the world's second-largest bauxite reserves, and Gabon the world's second-largest manganese resources. CMA will spotlight these resources and partnership opportunities available for global stakeholders as African countries unlock their full mineral potential for GDP growth.
“Africa's critical mineral resources present an opportunity for the continent to forge partnerships on infrastructure development and economic growth with global investors. We hope to see an increase in investments flowing into Africa as global mining stakeholders capitalize on the continent's vast resources and strategic locations to feed the global demand,” stated Rachelle Kasongo, Project Director at CMA-organizer, Energy Capital & Power.
Distributed by APO Group on behalf of Energy Capital & Power.
The easing inflationary environment locally and globally has raised the prospect that the South African Reserve Bank may cut interest rates in the third quarter of the year, with Standard Bank forecasting two interest cuts by the end of the year. While the cut in rates, the first time since the outbreak of the pandemic …
The U.S. Mission to South Africa and the Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) proudly announce the launch of the 2024 Academy for Women Entrepreneurs program in Lesotho, Eswatini and South Africa.
The Academy for Women Entrepreneurs (AWE) is an initiative of the U.S. Department of State and Arizona State University's Thunderbird School of Global Management. It supports the U.S. National Strategy on Gender, Equity and Equality and reflects the United States' commitment to advancing gender equity and economic prosperity in Southern Africa
The Academy for Women Entrepreneurs LESA (Lesotho, Eswatini and South Africa) program is centred on the Francis and Dionne Najafi 100 Million Learners Global Initiative, an accredited online global management and entrepreneurship certificate consisting of five world-class courses and available to learners across the globe.
The overall goal of the program is to promote economic prosperity, including equitable economic development opportunities for historically disadvantaged groups and individuals. AWE LESA provides a resource for women entrepreneurs to engage in online education with guided facilitation and localization; fosters networks that support participants' access to peer-to-peer mentorship, business partners, and scaling opportunities with businesses in the region and in the United States; as well as provides access to a range of educational programs tailored to women's economic empowerment to expand the impact on the participant.
AWE LESA 2024 will empower 100 young women entrepreneurs in seven cities – five in South Africa and one each in Lesotho and Eswatini. The program will host cohorts in Bloemfontein (10 participants), Cape Town (10 participants), Johannesburg (15 participants), Polokwane (15 participants), Manzini (20 participants), Maseru (20 participants), and Pietermaritzburg (10 participants). The participants will attend in-person training sessions and events at designated American Corners and partner spaces in each location.
AWE LESA 2024 activities will take place between August 2024 and January 2025, and this edition will bring the total number of women entrepreneurs trained through the U.S. Mission to South Africa and AWIEF partnership to more than 700.
What do you gain from participating in the AWE LESA program?
What are the criteria to apply?
Applications Open Now!
Academy for Women Entrepreneurs applications are officially open for highly motivated and self-driven young women entrepreneurs from Lesotho, Eswatini and South Africa. THERE IS NO COST TO APPLICANTS AT ANY STAGE.
To submit your application, please follow this link: https://apo-opa.co/3WvSAIa
The deadline for submission is August 4, 2024 at 11:59 p.m. South Africa Standard Time (SAST).
For more information email: info@awieforum.org
Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).
In today's fast-changing and unpredictable world, maintaining a resilient supply chain for Maintenance, Repair, and Operations (MRO) is crucial for businesses across various sectors. The goal is not just to withstand disruptions but to adapt and thrive amidst them. Here RS South Africa (https://apo-opa.co/4c1KTyg) MD Brian Andrew shares his top 5 tips on how to approach and manage MRO supply chains to ensure resilience against future shocks.
1. Focus on Trusted Suppliers
Instead of diversifying your MRO supplier base extensively, rely on a core group of trusted suppliers that can guarantee delivery certainty. Building strong relationships with these suppliers ensures stability and reliability in your supply chain.
2. Develop a Flexible Supply Chain
When faced with pressure, it's essential to act quickly while considering the long-term consequences. A flexible supply chain and suppliers that can adapt to changing circumstances is key. This flexibility includes being prepared for potential increases in spending or the need to switch suppliers without significant disruptions.
3. Leverage Technology and Data
Utilise eProcurement and Vendor Managed Inventory (VMI) solutions from a trusted and stable procurement partner. Effective planning requires visibility into what is being consumed, especially for companies with multiple plants. High-quality data is essential for maintaining adequate inventory levels and ensuring supply chain resilience.
4. Engage in Sustainable and Ethical Procurement
Cost reduction is important, but sustainable and ethical procurement practices are equally vital. Work with partners who share common goals and include sustainability programs in your procurement processes. This approach not only benefits the environment but also aligns with the values of company management, shareholders, and customers.
5. Plan for Continuity
Continuity planning involves having a comprehensive action plan that includes compliance with policies, processes, and corporate governance. Ethical sourcing of raw materials should be a priority, and procurement departments should challenge the status quo by following ethical sourcing principles.
Supply chain resilience depends on the quality, reliability, and knowledge of suppliers. By working with the right MRO supplier, leveraging technology, and focusing on sustainable practices, businesses can better prepare for future disruptions and maintain a robust supply chain.
For more information on how RS can help you future-proof your MRO supply chain, visit the RS Africa Exports website (https://apo-opa.co/4c1KTyg).
Distributed by APO Group on behalf of RS South Africa.
PR Contact Person - RS South Africa:
Princess Tlou
Communications & Content Specialist
RS South Africa
Princess.Tlou@rsgroup.com
+27 11 691 9366
Media Contact Person – NGAGE:
Thobile Ndlovu
PR Account Executive
thobile@ngage.co.za
+27 11 867 7763
Further information is available via these links:
RS:
RS is a trading brand of RS Group plc, providing product and service solutions that help our customers design, build, maintain, repair, and operate industrial equipment and operations, safely and sustainably. We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers.
We support customers across the product lifecycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance, repair, and operation phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.
RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million.
Epson has continued its drive to bring Heat-Free Line Inkjet technology through its office print range, launching the AM-C400 and AM-C550 MFPs to deliver improved solutions to the A4 market. These new products offer all the energy-saving and productivity advantages afforded by Epson’s existing Line Inkjet printers but in a smaller, A4 format. This launch …
JOHANNESBURG – Mitsubishi Motors South Africa’s (MMSA) continuous prioritisation of customer service, customer retention and a positive brand image has resulted in the South African subsidiary receiving numerous awards as part of Mitsubishi’s annual global after sales business excellence programme. The local operation has received recognition from Mitsubishi Motors Middle East & Africa as part …
In recent years, the E-Bike market in South Africa has seen a significant rise in popularity, with more individuals opting for eco-friendly and convenient modes of transportation. Two key players that have contributed to this growth are WOWeBikes and Green Riders, each bringing their unique offerings to the market. WOWeBikes: Pioneering Innovation in E-Bikes WOWeBikes, …
