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You are here: Home / Archives for News

News

19 January 2024

President Ramaphosa travels to Uganda for NAM and G77 summits

Location: News

President Ramaphosa travels to Uganda for NAM and G77 summits

President Cyril Ramaphosa has travelled to Kampala in Uganda to attend the 19th Non Aligned Movement (NAM) Summit.

The two-day NAM Summit is being held under the theme “Deepening Cooperation for Shared Global Affluence”.

According to the Presidency, the summit is the highest decision making body of the NAM.

“The summit is also the occasion when the movement formally rotates its Chair to the Head of State of the host country of the summit, who then holds office until the next summit. Azerbaijan has been the Chair since 2019 and will hand over the position to Uganda in 2024 for the next three years (2024-2027).

“The Government of Uganda has identified five focus areas and priority goals of its Chairship and they are: regional and international peace and security; the international fight against terrorism; international migration and humanitarian crises; human trafficking and drug smuggling; as well as Agenda 2030 and the Sustainable Development Goals,” the Presidency said.

The summit is expected to adopt a Final Outcome Document, the Kampala Declaration and the NAM Ministerial Declaration on Palestine.

“With its 120 member states, the NAM is the largest grouping of countries outside of the UN, making it an important roleplayer in global and multilateral affairs.

“Since its inception in 1961, the movement has played a crucial and obvious political role in representing the interests of developing countries, particularly in the eradication of colonialism, supporting struggles for liberation and self-determination, the pursuit of world peace and the search for a more equitable and just global order,” the Presidency said.

Following the conclusion of the NAM Summit, the President – accompanied by Department of International Relations and Cooperation Minister, Dr Naledi Pandor – is expected to attend the Group of 77 (G77) Third South Summit also to be held in Uganda.

That summit will be held under the theme “Leaving No One Behind” and is aimed at boosting South-South cooperation, including in the areas of trade, investment, sustainable development, climate change, poverty eradication, and digital economy.

“The Group of 77 plus China is the largest negotiating bloc of developing countries in the United Nations, which provides the means for the countries of the South to articulate and promote their collective economic interests and enhance their joint negotiating capacity on all major international economic issues within the United Nations system, and promote South-South cooperation for development.

“South-South cooperation remains an important pillar for strengthening the economic independence of countries of the South as a complement and not a replacement to North-South cooperation. South Africa participates in the work of the G77 to ensure its strength, unity and cohesion in pursuit of the vision of a fair and equitable multilateral system,” the Presidency said. – SAnews.gov.za

 

NeoB
Fri, 01/19/2024 - 10:06

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Read morePresident Ramaphosa travels to Uganda for NAM and G77 summits
19 January 2024

All About Chery SUVs: A Comprehensive Overview

Location: MyPR

The automotive landscape is vast and diverse, with a multitude of manufacturers vying for attention. Among them, Chery, a Chinese automobile manufacturer, has carved out a niche for itself, particularly in the realm of Sports Utility Vehicles (SUVs). Known for offering affordable and practical vehicles, Chery has expanded its global footprint significantly in recent years. …

Read moreAll About Chery SUVs: A Comprehensive Overview
19 January 2024

DA rejects Netanyahu’s recent statements

Location: News

Dear Editor The Democratic Alliance (DA) rejects the Israeli Prime Minister, Benjamin Netanyahu’s comments opposing the establishment of a Palestinian state as part a post-war scenario. During a live address yesterday, Netanyahu claimed that Israel must have “security control” over all territory west of the Jordan river, acknowledging that this “collides with the idea of …

Read moreDA rejects Netanyahu’s recent statements
19 January 2024

Deadline Extension Requested for Comments on Draft IRP 2023

Location: News

Dear Editor The office of the Minister of Mineral Resources and Energy, Gwede Mantashe, has acknowledged receipt of a request submitted by the DA on Wednesday in which we are calling for an extension of the public comments deadline for the draft Integrated Resource Plan (IRP) 2023, from the current cutoff date of 23 February …

Read moreDeadline Extension Requested for Comments on Draft IRP 2023
19 January 2024

Two uncapped Blitzboks on inaugural trip to Perth

Location: Sport

Springbok Sevens head coach Sandile Ngcobo has made several changes to the Blitzbok squad that will travel to Australia on Saturday for the inaugural HSBC SVNS tournament in Perth, the third of eight in the series, where Selvyn Davids will again lead the team into battle. Two players, former Toyota Cheetahs midfielder David Brits and …

Read moreTwo uncapped Blitzboks on inaugural trip to Perth
19 January 2024

Condolences for Violet Siwela

Location: News

Condolences for Violet Siwela

Minister of Small Business Development Stella Ndabeni-Abrahams has paid tribute to the Chairperson of the Portfolio Committee on Small Business Development, Violet Siwela, for serving the committee with distinction.

In a statement on Thursday, Ndabeni-Abrahams expressed her heartfelt condolences to her family, friends, comrades and her political home, the African National Congress.

“Her sad passing marks the end of a life that was selflessly dedicated to serving the people of South Africa, in particular the informal traders, cooperatives, micro, small and medium enterprises ecosystem.

“Inspired by her proud legacy, we pledge to continue working tirelessly to ensure the growth and sustainability of small businesses. In her name and in honour of her legacy, we commit to ensure that the National Small Enterprise Amendment Bill is passed,” the Minister said.

The Bill seeks to amend the National Small Enterprise Act to provide for the establishment of the Small Enterprise Development Finance Agency (SEDFA) and the subsequent disestablishment of the Small Enterprise Financing Agency (Sefa), the Co-operative Banks Development Agency (CBDA) and the Small Enterprise Development Agency (Seda); and for the establishment of the Office of the Small Enterprise Ombud Service.

The Bill further enables the Minister to declare certain practices in relation to small enterprises to be prohibited as unfair trading practices and to make regulations with regard thereto.

“The successful passing of this Bill will be a fitting tribute to her commitment, dedication and passion for small business development,” she said. – SAnews.gov.za

 

nosihle
Fri, 01/19/2024 - 10:50

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Read moreCondolences for Violet Siwela
19 January 2024

9 Reasons Why You Should Attend The Upcoming Every Africa Festival (AAF) In Abu Dhabi Yas Island’s Etihad Park This February

Location: Entertainment, MyPR

With New Year celebrations now behind us, organisers of the award-winning All Africa Festival (AAF), the UAE’s largest celebration of Africa’s rich and diverse cultures in all their vibrant expressions and representations, are ramping up efforts to deliver an unforgettable mosaic of performances, artistic, culinary and culturally immersive experiences on the grounds of Yas Island’s …

Read more9 Reasons Why You Should Attend The Upcoming Every Africa Festival (AAF) In Abu Dhabi Yas Island’s Etihad Park This February
19 January 2024

Rooi Els: SUP Paddler Rescued

Location: News

Brian Gosling, NSRI Gordons Bay duty coxswain, said: At 12h26, Tuesday, 16 January, NSRI Gordons Bay duty crew were alerted by an eyewitness reporting an adult man on a SUP (stand-up paddle board) appearing to be drifting out to sea and in difficulty at Rooi Els. NSRI coast watchers, in the area, were requested to …

Read moreRooi Els: SUP Paddler Rescued
19 January 2024

Real matric pass rate is 55.3%

Location: News

Dear Editor The DA wishes to congratulate the 2023 matrics on passing their matric examinations. Most of these learners had to overcome great challenges in order to reach this achievement. We are very proud of them and wish them great success and happiness in their futures. We also wish to thank the dedicated teachers and …

Read moreReal matric pass rate is 55.3%
19 January 2024

How and Where to Watch the ICC U19 Cricket World Cup

Location: Sport

The International Cricket Council (ICC) today revealed details of the broadcast arrangements in place for the ICC U19 Men’s Cricket World Cup 2024, as South Africa prepares to host the action from 19 January. The event has historically provided fans with the first glimpse of the stars of tomorrow, and for the first time ever, …

Read moreHow and Where to Watch the ICC U19 Cricket World Cup
19 January 2024

President Ramaphosa’s lie about social grants

Location: News

Dear Editor Last week, while delivering his January 8th statement, President Cyril Ramaphosa sought to fearmonger the electorate by claiming that social grants and the social safety net are “likely to disappear”, should the ANC be removed from office in the coming elections. This morning, in a radio interview with SAFM, a senior Postbank official …

Read morePresident Ramaphosa’s lie about social grants
19 January 2024

Interview: Albie Morkel (JSK) and Richard Gleeson (DSG)

Location: MyPR, Sport

After JSK beat DSG by 37 Runs at Kingsmead Durban’s Super Giants maintained their unbeaten start to Betway SA20 Season 2 with a 37-run victory over Joburg Super Kings to entrench their position at the top of the log on Monday evening. It was a low-scoring affair at Kingsmead with Heinrich Klaasen’s 64 off 41 …

Read moreInterview: Albie Morkel (JSK) and Richard Gleeson (DSG)
19 January 2024

Navigating the Complex World of Modern Logistics and Transportation

Location: MyPR

In the ever-evolving landscape of global commerce, logistics and transportation play a crucial role. From specialised medical deliveries to international shipping, the logistics industry offers a myriad of services to cater to diverse needs. This guide highlights various essential logistics services that facilitate seamless operations in different sectors. 1. Multi-Temperature Warehouse and Distribution Effective logistics …

Read moreNavigating the Complex World of Modern Logistics and Transportation
19 January 2024

Duhan van der Merwe returns for Edinburgh Rugby against Scarlets

Location: Sport

Edinburgh Rugby welcome the return of Scotland and British & Irish Lions winger Duhan van der Merwe for tomorrow night’s crucial EPCR Challenge Cup clash against Scarlets at Parc y Scarlets (Friday 19 January, kick-off 8pm) – live on S4C and epcrugby.tv. Van der Merwe – who was rested for last weekend’s Gloucester match – …

Read moreDuhan van der Merwe returns for Edinburgh Rugby against Scarlets
19 January 2024

Ghaleb Cachalia’s Resignation

Location: News

Dear Editor The Democratic Alliance (DA) has accepted the resignation of Ghaleb Cachalia as a Member of Parliament and of the party, effective immediately. We will write to the Speaker of Parliament to fill the resulting vacancy. The DA categorically rejects the claims Cachalia has manufactured in an attempt to justify his resignation, including his …

Read moreGhaleb Cachalia’s Resignation
19 January 2024

Picket to Rescue eThekwini

Location: News

Dear Editor On Saturday, 20 January 2024, Democratic Alliance Federal Leader, John Steenhuisen MP, will lead a picket to dissolve the ANC-EFF run eThekwini Municipality and formally launch the party’s campaign to rescue the province of KwaZulu-Natal in the 2024 General Elections. Since the ANC-EFF coalition of corruption took hold of eThekwini in 2021, residents …

Read morePicket to Rescue eThekwini
19 January 2024

Kickstart For EPA Track & Field Season This Weekend At NMU Stadium – Saturday, 20 January 2024

Location: MyPR

The first Track & Field event will be held at NMU stadium on Saturday, 20 January. EP Athletics Track & Field Chairperson, Riaan Barnard, confirmed that the track and field pre-season had started in September last year to ensure that the best local athletes can qualify to represent EPA at the National Athletic Championships in …

Read moreKickstart For EPA Track & Field Season This Weekend At NMU Stadium – Saturday, 20 January 2024
19 January 2024

Jacks powers Pretoria Capitals to victory over Durban’s Super Giants

Location: Sport

Jacks’ 101 off 42 balls gives home team first points of Season 2    Thursday, 18 January 2024: Will Jacks may...

Read moreJacks powers Pretoria Capitals to victory over Durban’s Super Giants
19 January 2024

Treverton College Matric Results – Education Is An Adventure

Location: MyPR

Congratulations to the Treverton College Matric class of 2023, who have achieved astounding results in the Matric Exams. They have achieved a 100% Pass, 86% Bachelor Degree Pass Rate, 76 Distinctions from 49 Students and two candidates in the Top 1% of the IEB; Kai Broom – Business Studies and Hailey Jelliman – Mathematical Literacy. …

Read moreTreverton College Matric Results – Education Is An Adventure
19 January 2024

‘Home World Cup’ The Pinnacle For Maphaka And Stolk

Location: Sport

POTCHEFSTROOM: South Africa Under-19 starlets Kwena Maphaka and Steve Stolk are relishing the prospect of a home World Cup as they...

Read more‘Home World Cup’ The Pinnacle For Maphaka And Stolk
19 January 2024

Clairfield International and Rand Merchant Bank announce a formal M&A advisory partnership spanning 32 countries

Location: Business
Rand Merchant Bank

Clairfield International, a top-ranked Europe-based global corporate finance partnership, and Rand Merchant Bank (RMB) (www.RMB.co.za), a division of FirstRand Bank Limited (part of FirstRand Limited, the largest financial services group by market capitalisation in Africa), are delighted to announce that they formally agreed to partner, marking both firms' commitment to global expansion and delivery of top-quality corporate finance advisory solutions for clients.

This partnership will position RMB as the gateway for Clairfield clients into South Africa, Nigeria, and the broader sub-Saharan African market, while Clairfield opens doors for RMB into Europe, the Americas, and the Asia-Pacific region. Following from Clairfield's successful partnership with top Japanese advisory firm Yamada Consulting in 2023 that covers Japan and the Association of Southeast Asian Nations, this new access to sub-Saharan Africa creates unparalleled coverage for midmarket corporate, private equity, and family business clients worldwide.

Clairfield International advises entrepreneurs, multinational corporations, and financial investors on M&A and other corporate finance solutions with special expertise in cross border situations through over 30 country teams globally. Clairfield International has completed 780 transactions on behalf of clients in the last five years totalling EUR 30 billion in disclosed deal value.

“We are optimistic about Africa's long-term growth, driven by technology, the high demand for infrastructure and rapid urbanisation, and we are eager to explore business opportunities across the continent. RMB has a corporate finance team of over 70 people, and with their reach and expertise on the ground, Clairfield can vastly expand its client offerings across sub-Saharan Africa,” says Alexander Klemm, Executive Chair of the Clairfield board of directors. “This partnership is a transformative step for both firms, enhancing our global footprint. Together we can access exciting global deal flow, buyers, and investors for our clients.”

RMB's award-winning corporate finance team partners local and global clients offering differentiated advice and innovative thinking on strategic topics as well as access to capital to enable their growth ambitions. RMB Corporate Finance has an unrivalled track record in corporate finance advisory in sub-Saharan Africa and is consistently the top-ranked advisor in the league tables in South Africa and Nigeria. 

“This partnership underscores our commitment to building an M&A advisory capability that is internationally relevant to our clients,” says Krishna Nagar, Co-head of Corporate Finance at Rand Merchant Bank. “The increase in M&A activity across Africa positions us favourably with companies seeking global opportunities and expertise. Our collaboration with Clairfield has already proven fruitful as interest from Clairfield clients is evident in our mandates. We look forward to a continued partnership and access to Clairfield's expertise in developing and facilitating that global deal flow.”

Distributed by APO Group on behalf of Rand Merchant Bank.

About RMB:
Rand Merchant Bank (RMB) is a leading African corporate and investment bank (CIB) and part of the largest financial services group (by market capitalisation) in Africa – FirstRand Bank Limited (which is wholly owned by FirstRand Limited). We offer our clients innovative, value-added advisory, funding, trading, corporate banking, and principal investing solutions.

With a presence in 10 African countries, we have a significant footprint on the continent. We also have access to a network of retail banks, representative offices and branches across Africa, the UK, India and the US.

For more information visit: www.RMB.co.za

About Clairfield International:
Founded in 2004, Clairfield International provides advisory services on middle-market transactions for large companies, private investors and private equity, public sector clients, and family businesses. Headquartered in Europe with locations in every major region worldwide, we offer clients access to corporates, investors, key decision-makers, and sector experts, combined with a deep understanding of local regulations and cultures. Closing over 190 transactions annually, Clairfield ranks as one of the top independent M&A advisors in league tables worldwide.

For more information visit: www.Clairfield.com

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Read moreClairfield International and Rand Merchant Bank announce a formal M&A advisory partnership spanning 32 countries
19 January 2024

Hollywood Foundation Celebrates Entrepreneurship and Impact at the Bambelela Business Awards in Limpopo

Location: MyPR

The Hollywood Foundation, renowned for its commitment to Enterprise and Supplier Development, proudly hosted the third edition of the Bambelela Business Awards in Limpopo on January 18, 2024. This distinguished event served as a platform to recognise and celebrate the achievements of local heroes who have made a positive impact on the communities of Limpopo. …

Read moreHollywood Foundation Celebrates Entrepreneurship and Impact at the Bambelela Business Awards in Limpopo
19 January 2024

Workers take newly merged Heineken-Distell to the CCMA

Location: News

Unions say merger conditions set by Competition Tribunal have not been met

Read moreWorkers take newly merged Heineken-Distell to the CCMA
19 January 2024

Africa in Focus: Top 5 News Stories Shaping the Continent on January 19, 2024

Location: News

As the vibrant mosaic of Africa unfolds beneath the morning sun, a tapestry of news stories emerges, highlighting the continent’s ongoing struggles, triumphs, and evolving partnerships. Here are the top 5 headlines capturing the essence of Africa today, January 19, 2024: Ethiopia’s Peace Process Faces Crucial Moment: Hope hangs in the balance as the Ethiopian …

Read moreAfrica in Focus: Top 5 News Stories Shaping the Continent on January 19, 2024
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