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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 …
“Our objective is simple: to get passenger rail back up and running in the quickest possible way” says Roberto Quintas
DPWI Minister commits to expedite development of EduPark in Mamelodi
Public Works and Infrastructure Minister Dean Macpherson has vowed to expedite the development of the EduPark community project in Mamelodi, east of Pretoria.
Public Works and Infrastructure Minister Dean Macpherson has vowed to expedite the development of the EduPark community project in Mamelodi, east of Pretoria.
“The EduPark and Mamelodi Skate Club, which forms part of it, is an example of how we need to accelerate development in our communities using State assets,” Macpherson said.
“The EduPark development has the financial backing of international donors to develop sports, education and agricultural facilities, but has been waiting for the release of unused State land in Mamelodi for the development to take place.
“For us to use public assets for public good, we will need to increase the number of partnerships the Department of Public Works and Infrastructure has with private and non-profit role players, such as EduPark, to utilise unutilised public land for the best interest of communities.
“When the State does not utilise or protect State land, it often becomes a dumping ground for rubbish or illicit activities, where the municipality is then accused of not taking action to clear and protect the property, when it is not their responsibility.
“Going forward, we need to work together with municipalities to identify problematic properties and see how they can be used for public good,” he said. – SAnews.gov.za
Edwin
Wed, 07/31/2024 - 10:40
South Africa is currently experiencing rapid urbanisation, with 63% of the population already residing in urban areas, a figure projected to rise (https://apo-opa.co/3Yt1Azg) to 71% by 2030. By 2050, it is estimated that eight out of every 10 people in the country will live in urban areas. As a consequence, the demand for basic infrastructure and essential services will significantly increase.
While urbanisation is a worldwide development, the growth rate is the fastest in Africa. By 2035, half of its population (https://apo-opa.co/4d151l7) will be living in cities and urban areas. But so far, it has largely translated into rising informal establishments, especially in sub-Saharan Africa, increasing poverty and inequality.
One of the most pressing issues is the dire state of the architectural profession in the region with too few skills on hand.
“As the demand for proper urban planning and development escalates, so does the need for skilled and competent architects who can contribute to sustainable and inclusive cities. However, the current state of the profession is cause for concern, with various obstacles hindering its progress. One of the most significant challenges is the housing crisis, which creates complex issues for architects,” says Devi Paulsen-Abbott at Energy Capital & Power.
The ever-growing urban population has put immense pressure on the limited housing options available, resulting in a dire need for affordable and sustainable solutions. Architects have a crucial role to play in developing innovative and sustainable housing options for all citizens.
“These are the professionals who possess the skills, knowledge, and creativity to design and build the spaces we live and work in. They have the potential to transform our cities and shape them into liveable, inclusive, and sustainable environments. However, the current state of the architectural profession in Southern Africa is hindering its ability to fulfil this critical role,” Paulsen-Abbott states.
Another big challenge facing the local architectural profession is the lack of collaboration between the public and private sectors, she says. “The development of our cities requires a joint effort from both these sectors, but there is a significant disconnect between them.”
As a result, many projects are abandoned, delayed, or poorly executed, leading to subpar living conditions for citizens. Paulsen-Abbott explains that this disconnect also stems from the inadequate recognition and support for the architectural profession. “Despite its crucial role in shaping our built environment, architecture is often undervalued and underfunded by the public sector,” she says. “This results in a lack of resources and opportunities for architects to develop their skills and push the boundaries of innovation in design.”
To address these pressing issues, the upcoming Architecture South Africa Conference (AZA24) (https://ArchitectureZA.org.za/) is a much-needed event. Bringing together over 50 experts under the theme "Where Architecture Meets... US/ PLANET/ FUTURE..." the conference promises to be an insightful and thought-provoking exploration of the dynamic relationship between architecture, humanity and sustainability.
This highly anticipated event, hosted by the SA Institute of Architects (SAIA), Gauteng Institute for Architecture (GIFA), and University of Johannesburg (UJ), will take place from 4-7 September 2024 on the UJ campus.
AZA Convener, Daniel van der Merwe, says: “This conference is a vital opportunity for the architectural profession to come together, collaborate, and find solutions to the challenges facing our cities. By bridging the gap between the public and private sectors, architects can work towards creating more liveable and sustainable cities for all.”
AZA will also serve as a platform for architects to showcase their innovative designs and ideas, encouraging further growth and development within the profession.
“As citizens, we must also realize the importance of the architectural profession in creating a better future for us all. We must demand that our governments prioritise urban planning and development, and allocate sufficient resources and support for the architectural profession,” van der Merwe says.
“The Architecture South Africa Conference AZA 2024 is a call for united action. We know the challenges South Africa faces, lack of sufficient housing, spatial inequality and ailing infrastructure. As architects our ultimate goal is to improve the lives of the end users of the spaces we design, inclusive of everyone in our beautiful country. AZA looks to open the discourse on how we can achieve this. Bringing together thought leaders to empower us all for a bright future,” notes Claire McCusker, President 2024/25 of SA Institute of Architecture (SAIA).
Distributed by APO Group on behalf of Energy Capital & Power.
About SAIA:
The South African Institute of Architects (SAIA) (https://SAIA.org.za/) is a voluntary association for Professional Architects. SAIA's mission is to act as the collective voice serving the interests of its members in pursuit of excellence and responsible design. It aims to uphold the dignity of the architectural profession and contribute meaningfully to the enhancement of society and the environment. The fundamental principles of equality and justice are implicit in our Constitution. SAIA incorporates the nine existing regional institutes: Border-Kei [Eastern Cape], CIfA [Western Cape], Eastern Cape, Free State, GIfA [Gauteng], KZNIA [KwaZulu-Natal], Limpopo, Mpumalanga and PIA [Gauteng].
About GIfA:
The Gauteng Institute for Architecture (GIfA) (www.GIfA.org.za/) boasts a rich legacy, tracing its roots back to 1900 as the Transvaal Institute of Architects. Today, we're dedicated to nurturing architectural excellence and raising awareness of the built environment. Our focused committees explore specific topics, addressing both current and historical issues. Moreover, we offer extensive training and development opportunities to members, ensuring continuous professional growth. Through collaborative endeavors and innovative initiatives, GIfA remains at the forefront of architectural advancement, enriching our profession and the communities we serve in the greater Johannesburg area.
About University of Johannesburg:
At the Department of Architecture (https://apo-opa.co/3YlLbg4), our vision is to become the leading school of architecture on the sub-continent via the pursuit of alternative, progressive, and critical spatial practices. We continually strive to be the embodiment of a design-led school of architecture by exploring the making of contextually responsive and appropriately built environments. Our mission is to broaden the scope of architecture through collaborative processes of innovative design, research, and making. We define our identity as a school of architecture that encourages teaching philosophies and a design-studio culture closely related to the changing nature of contemporary cities, specifically Johannesburg, the city which gives our university its name. We achieve this mission by integrating the physical, theoretical, field, and design studio.
About Energy Capital & Power:
Energy Capital & Power (ECP) ECP (https://EnergyCapitalPower.com) is the leading Africa-focused global energy investment platform. Through events, advisory work, news, online content and investment reports, ECP unites the entire energy value chain – from oil and gas exploration to renewable power generation – and facilitates global and intra-Africa investment and collaboration. ECP is committed to bringing together like-minded people with the common objective of facilitating the critical investments that will power Africa's economies, build communities and shape societies. ECP is the place to meet dealmakers and make deals. The company covers the whole value chain of the energy sector: oil and gas, power generation, infrastructure, renewable energy, mining, energy infrastructure, investment and finance and government.
RS South Africa, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions, will exhibit at MTE Hotazel on 9 July and at MTE Kathu on 11 July, both in the Northern Cape. The Hotazel Complex is situated about 217 km northeast of Upington. It comprises Wessels Mine, …
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 …
Financial inclusion remains a key issue in South Africa, and promoting real inclusion is critical in enabling more people to improve their quality of life, says Simphiwe Phakathi, Executive Head of Sales and Distribution at EasyPay Everywhere. Financial exclusion is associated globally with persistent poverty. “At its most basic, the issue is that so many …
UN Secretary General António Guterres appointed (https://apo-opa.co/3WNr7Cg) a panel dedicated to developing a framework that ensures equity, transparency, sustainability and human rights among critical mineral extraction activities, in April 2024. Uniting government and industry stakeholders, the panel aims to encourage developing countries, including those in Africa – which holds over half of the world's cobalt and manganese reserves and over one-fifth of aluminum and copper reserves – to leverage its critical minerals for enhanced job creation, economic diversification and export revenues.
Reflecting similar priorities, the Critical Minerals Africa (CMA) summit — scheduled for November 6-7 in Cape Town — will host an Industry Leader Forum to explore strategies for ensuring sustainable mineral production and navigating external factors like geopolitical risk, digital transformation and the energy transition. It will also address recent high-level initiatives – from the African Green Minerals Strategy to the global Minerals Security Partnership – and their role in shaping best practices for building resilient mineral supply chains.
Initiated in 2022 by the African Development Bank, the African Green Minerals Strategy (AGMS) (https://apo-opa.co/3y8dZy4) serves as a comprehensive framework for leveraging the continent's mineral resources for industrialization and the development of green technologies. The AGMS aims to articulate Africa's interests in a rapidly changing world, build and retain local value, create jobs, develop new industries, and foster greener economies, as global demand for transition minerals rises.
Meanwhile, the US-led Minerals Security Partnership (MSP) (https://apo-opa.co/3YpZf87) represents a collaborative effort among 14 countries and the European Union to bolster investment in responsible critical minerals supply chains. Through partnerships with governments and industries, the MSP provides support for strategic projects, particularly focusing on lithium, cobalt, nickel, manganese, graphite, rare earth elements and copper. Given Africa's abundant mineral reserves, collaboration with the MSP is particularly relevant for the continent, enabling responsible mineral extraction and supporting local communities and economies, while advancing global clean energy goals.
In February 2023, MSP partners gathered in South Africa to establish guiding principles for global project development, emphasizing local value addition and maintaining sustainability and ESG standards. Representatives from mineral-rich nations, including non-MSP countries like Angola, Botswana, the Democratic Republic of the Congo (DRC), Tanzania, Uganda and Zambia, joined the discussions. The meeting sought to ensure that the growth of critical minerals supply chains benefits all stakeholders equitably, underlining the MSP's commitment to responsible mineral extraction and sustainable development.
Furthering efforts to ensure a steady and sustainable supply of CRMs, the EU launched its Critical Raw Materials (CRM) Act in March 2023, as European demand for rare earth metals is expected to increase six-fold by 2030. As part of this initiative, the EU has engaged with several African countries including the DRC, Zambia, Rwanda and Namibia through various MOUs. These agreements aim to foster collaboration within integrating sustainable raw materials value chains, mobilizing funds for infrastructure development, promoting sustainable and responsible production practices, encouraging research and innovation and enhancing capacity building efforts.
Within this context, the Industry Leaders Forum: Driving Innovative Minerals Production at CMA 2024 will explore key trends within the African and global critical minerals landscape. Leaders will discuss how initiatives like the AGMS, MSP and European CRM Act will shape the future of sustainable mineral production and global supply chains.
CMA is the largest gathering of critical mineral stakeholders in Africa. Taking place from November 6 – 7 in Cape Town, the event positions Africa as the primary investment destination for critical minerals. This year's edition takes place under the theme Innovate, Enact, Invest in African Critical Minerals to Sustain Global Growth, connecting African mining projects and regulators with global investors and stakeholders to untap the full potential of the continent's raw materials. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
Distributed by APO Group on behalf of Energy Capital & Power.
JR Promotions Western Cape, a leading name in the promotions industry, continues to redefine the landscape of in-store brand activations. With a commitment to excellence and a passion for creating memorable brand experiences, the company stands at the forefront of below-the-line marketing, helping brands connect with consumers in meaningful and impactful ways. Pioneering In-Store Activations …
Once a year on Women’s Day we celebrate the achievements, strength, and contributions of women around the world. It’s a time to honour the incredible women in our lives and recognise their impact on society. This Women’s Day, Southern Sun invites you to treat yourself or a special woman in your life to an unforgettable …
JOHANNESBURG: Cricket South Africa (CSA) and the Afghanistan Cricket Board (ACB) are pleased to announce a historic three-match One-Day International...
Introduction Dealing with a damaged car can be a significant burden. Whether it’s been in an accident, has mechanical issues, or is simply not roadworthy, finding a buyer can be challenging. This is where Damaged Cars Wanted comes in. They specialise in buying damaged cars, offering a seamless and hassle-free process. Why Choose Damaged …
Maintaining a resilient supply chain for Maintenance, Repair, and Operations (MRO) is crucial for businesses across various sectors 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 …
New Zealand won a thrilling arm-wrestle of a gold medal match 19-12 against brave and determined Canada to send rugby legends Portia Woodman-Wickliffe and Tyla King into retirement with Paris 2024 gold medals around their necks. Earlier, Canada and USA had both sprung Olympic upsets on a dramatic afternoon at Stade de France, as they …
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.
With no disciplinary hearing held, ten of the 13 officials have had their suspensions lifted
It is irrational to expect people who can’t afford food to have a smartphone and internet access
Fund members urged to get financial advice on pension fund withdrawals
With the President signing into law the Pension Funds Amendment Act (31 of 2024), National Treasury has urged fund members to seek trustworthy financial advice to consider the implications for withdrawals from the savings component.
“Fund members should also note that administration costs and tax at marginal rates will be deducted from such withdrawals. Members will lose out on all related future growth and the retirement benefit originally intended for those funds,” National Treasury said on Tuesday.
The signing into law of the Pension Funds Amendment Act ushers in the last part of the significant amendments required to implement the two-pot system to commence on 1 September 2024 after proclamation by the President.
The Pension Funds Amendment Act provides for certain amendments to the Pension Funds Act, 1956, the Post and Telecommunications-related Matters Act, 1958, the Transnet Pension Funds Act, 1990 and the Government Employees Pension Law, 1996, which are necessary to enable retirement funds, including public sector funds, to implement the two-pot reform.
READ | President Ramaphosa signs Pension Funds Amendment Bill into law
These changes follow the related amendments to the Income Tax Act, which are contained in the Revenue Laws Amendment Act (12 of 2024).
“The main intention of the two-pot system reform is to improve South Africa’s retirement outcomes for members at retirement through the preservation of a larger portion of the retirement savings.
“At the same time the reform allows some measured access in cases of financial distress without a member having to resign from employment.
“The new two-pot retirement system creates a more sustainable retirement fund system, while increasing flexibility to cater to the differing needs of members. The system will provide a welcomed relief mechanism for people in real crises to access emergency funds without resorting to loan sharks or having to quit their jobs to access their retirement savings, while ensuring a larger portion of those savings are preserved until retirement,” National Treasury said.
Retirement funds and trustees are now in the process of aligning their fund rules with the changes to the acts and should be communicating with fund members about these rule changes and processes to be followed for savings benefit withdrawal claims.
Fund rule amendments still need to be submitted to the Financial Sector Conduct Authority for approval before implementation.
“Most funds are set to implement the new split for contributions to the two new components (i.e. savings component and retirement component) on 1 September 2024, as planned.
“They will also calculate the once-off seeding capital value using the vested component (i.e. retirement savings accumulated before implementation date) on 31 August 2024, that will be available for transfer to the savings component and accessible to members from 1 September 2024.
“However, not all funds will likely be able to process withdrawal requests immediately on 1 September 2024, as the systems to do so and the mechanics to request such withdrawals will still be new or are being installed. Funds that are ready for such withdrawals will also need some time to process requests,” National Treasury said. - SAnews.gov.za
nosihle
Tue, 07/30/2024 - 09:12
Transnet forging ahead with reforms
Transnet says it is making “considerable progress” in the implementation of reforms in accordance with the Freight Logistics Roadmap and the Guarantee Framework Conditions issued to Transnet by National Treasury.
The reforms include the reform of Transnet’s rail business, corporatisation of the Transnet National Ports Authority (TNPA) and the disposal of the company’s non-core assets.
Transnet Group Chief Executive, Michelle Phillips, said: “These initiatives are a demonstration of Transnet’s commitment to the structural reforms in response to the changes in policy and regulations. In some cases, these changes entail entry of third parties in the rail and port networks, which is a necessary step to stimulate competition and address long-standing challenges such as underinvestment.”
Rail reform
Transnet said the rail reform process is on track.
This includes what the company calls the “vertical separation of Transnet Freight Rail (TFR) into a Rail Operating Company and an Infrastructure Manager”.
“Since the publication of the draft railway Network Statement in March 2024, Transnet actively participated in a consultation process facilitated by the Interim Rail Economic Regulatory Capacity (IRERC). This was in preparation of the finalisation of the final Network Statement to open train slots for third party train operator access.
“Following extensive consultations to align with key stakeholders, the Interim Infrastructure Manager has made the input to the IRERC, and Transnet looks forward to the publication of the final network statement and proposed tariff methodology to open slots for third party access by 30 September 2024,” Transnet said.
According to Transnet, the Rail Operating Company and Infrastructure Manager operating models, and organisational designs are expected to be finalised in the first quarter of 2025.
Non-core assets and TNPA
The corporatisation of the TNPA is expected to culminate in the establishment of the National Ports Authority, which will be wholly owned by Transnet.
Work is underway to complete the Memorandum of Incorporation and the Registration of the National Ports Authority.
“The reform will enhance TNPA’s regulatory oversight on terminal operators across its port network. The corporatisation will establish TNPA as a financially autonomous entity capable of generating its own revenue, attract increased investments to improve the efficiency and positioning of SA ports to enhance competitive maritime trade and create appropriate partnerships.
“It will also, through its independence, enhance terminal licence oversight and align with international standards and regulations governing port authorities and ensure compliance with South African maritime and port regulations,” Transnet explained.
Furthermore, the company said its disposal of non-core assets is also progressing well.
“The disposals will generate cash and reduce holding costs. The Transnet Board of Directors has approved a plan for the disposal of the non-core assets. Transnet will finalise the full list of non-core assets for disposal in the current financial year,” the entity said. – SAnews.gov.za
NeoB
Tue, 07/30/2024 - 09:47
In a nail-biting 2024 Ignition Group Polocrosse World Cup final on Sunday, South Africa narrowly beat reigning champions, Australia 29-28 – earning them a third World Cup title. Sunday’s final concluded a fantastic competition which ran from 17 to 28 July at the Durban Shongweni Club in the Valley of 1000 Hills. Spectators were kept …
Introduction Soweto, short for South Western Townships, is one of the most historically rich and vibrant areas in Johannesburg. A Soweto tour offers a unique glimpse into South Africa’s past and present, making it a must-visit for anyone exploring Johannesburg. The Origins of Soweto Soweto’s origins date back to the early 20th century when …
Mabandla Clinic in Kariega still has no fence or wall
Strong bipartisan backing from the US for the reauthorisation of AGOA
South Africa’s position at the 21st African Growth and Opportunity Act (AGOA) Forum was to reset and create partnerships with an emphasis on industrialisation, building a capable state and job creation.
“As the dtic [Department of Trade, Industry and Competition] family, we regard the AGOA Forum as a crucial engagement reinforcing the strong economic ties between South Africa and the United States and our African continent,” Trade, Industry and Competition Minister Parks Tau said.
He said the mutually beneficial economic and trade partnership was highlighted by the more than 600 US businesses operating in South Africa and with over 1.3 million jobs created in sub-Saharan Africa.
The Minister was addressing the media in Cape Town on Tuesday to present some of the major outcomes that emanated from the two international engagements, AGOA and the 14th BRICS+ held in the United States and in Moscow, Russia, recently.
Parks said South Africa received strong bipartisan backing from the US Congress and colleagues in the US Administration for the reauthorisation of AGOA.
Proposals presented by the South African delegation included the extension of AGOA for stability, improved rules of origin, and adjustments to the eligibility review process to preserve regional value chains and enhance Africa’s manufacturing capabilities.
“The importance of maintaining these value chains was emphasised, with calls for AGOA enhancements to support the Africa Continental Free Trade Area (AfCFTA) integration.
“AGOA and AfCFTA should be viewed as complementary forces crucial for Africa’s economic integration rather than as separate entities.
“AGOA has significantly expanded Africa’s access to US markets, while AfCFTA aims to create a unified continental market by eliminating tariffs and fostering economic cooperation among African nations,” Parks said.
Parks said to fully leverage both frameworks, AGOA’s provisions should be enhanced to support AfCFTA’s goals.
“This includes extending AGOA to provide trade stability, improving rules of origin to streamline the integration of regional value chains, and adjusting the eligibility review process to reflect AfCFTA’s progress,” he said.
The Minister said by aligning AGOA with AfCFTA, Africa can create a more cohesive economic structure that boosts intra-African trade, enhances manufacturing capabilities and integrates regional economies into the global market and driving sustainable growth across the continent.
“I would like to commend Deputy Minister Andrew Whitfield for his exceptional facilitation during the highly contested meeting that determined the host nation for AGOA in 2025. He navigated such a challenging and contentious environment skillfully. DM Whitfield's adept handling of the situation was crucial in achieving a balanced and effective outcome.
“Equally, Deputy Minister Zuko Godlimpi represented South Africa at the pivotal BRICS+ Trade Minister’s Meeting. A key from the BRICS+ Meeting was to call for a predictable, fair and equitable trade environment consistent with WTO’s rules as crucial for advancing economic prosperity,” the Minister said.
The outcomes emanating from the BRICS+ Meeting included, among others:
- The need for coordinated multilateral action on climate change and expressed concerns about unilateral measures like the Carbon Border Adjustment Mechanism (CBAM) impacting developing countries. Furthermore, they agreed to ensure climate measures respect WTO commitments and resist discriminatory practices.
- The potential of e-commerce to enhance market access and economic growth with calls for developing international rules and standards to address challenges such as cross-border taxation and data privacy.
- The role of SEZs in driving economic growth and investment was discussed, with a commitment to sharing best practices.
Parks said both the AGOA Forum and the BRICS Trade Ministers Meeting were fundamental in advancing international trade relations and economic cooperation.
“These engagements underscore the importance of cooperative trade relations in shaping a more equitable and sustainable global economy.
“They both underscore South Africa’s commitment to pursue transparent and strategic partnerships with both our Global North and Global South partners guided by the global policy and programmatic blueprints such as the SDGs, the Paris Climate Accord, the AU’s Vision 2063, and our very own NDP,” Parks said. – SAnews.gov.za
Edwin
Tue, 07/30/2024 - 12:32
Introduction Breast health is a crucial aspect of overall well-being for women. Among the various diagnostic tools available, a breast ultrasound stands out for its effectiveness and non-invasive nature. What is a Breast Ultrasound? A breast ultrasound is an imaging technique that uses sound waves to produce pictures of the internal structures of …