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Dear Editor The DA today celebrates with thousands of South Africans abroad who had unknowingly lost their South African citizenship due to a draconian piece of apartheid legislation. The Supreme Court of Appeal (SCA) today declared that s 6(1)(a) of the South African Citizenship Act 88 of 1995 is inconsistent with the Constitution and is …
From the sage on the stage to the guide on the side Generative AI, and technology’s increased role in our daily lives, have been important narratives influencing societal development for the past ten years. However, it has been the events of the past three years – which have been shaped by a global health pandemic …
Western Cape Premier Alan Winde is leading a delegation of Western Cape Government (WCG) and Wesgro representatives to the United States of America. The aim of the visit is to further promote the Western Cape as a trade and investment destination of choice. Topping the agenda is to assure the US Government that the province …
13 June 2023: There are optimistic signs that the imperative need for operations and maintenance (O&M) is at last firmly under the spotlight, around the country, with regards to the ongoing national power crisis. At the same time, O & M is of crucial importance at individual plant level, and this is where experienced local steam …
Dear Editor Yesterday, as residents of Westbury protested against the Employment Equity Amendment Act – or Race Quota Act, as the DA has dubbed it – Employment and Labour Minister Thulas Nxesi doubled down on his racial belligerence and intransigence. In a series of parliamentary questions, the DA had asked Minister Nxesi to explain the …
Dear Editor The National Lottery Commission spent R2.6 million on printing just 70 annual reports. “This ridiculous spending works out to R37 000 per annual report or R255 per page. This sort of grand scale corruption has come to define the NLC in recent years, which was vigorously defended by the ANC in Parliament.” The …
Rising South African singer and songwriter, Madelaine, celebrates new beginnings with her Afrikaans debut single, Ek Kies Vandag, which dropped all streaming platforms on Friday 9 June. Despite being born into a very musical family and singing, playing piano and writing her own songs since a very young age, Madelaine took the leap into full …
At least seven people have appeared in the Molopo Magistrate’s Court on allegations that they defrauded the Unemployment Insurance Fund (UIF) of some R2 million.
Winter in South Africa can be challenging with conditions ranging from crisp and clear to freezing when a cold front sweeps in. And, if you add loadshedding to the mix, you’re in for a real doozy. One way to beat the cold this season is to consider LG’s latest air conditioning units. You might not …
Two realities are driving business globally, and the SMME sector has to catch the wave or risk jeopardising its future sustainability. Digital transformation was always coming, but its forward momentum has been accelerated by the COVID-19 lockdowns, which graphically demonstrated the link between digital platforms and the agility to respond to disruptions. The second, related …
Optimum Coal Mine will pay back some R6.9 million in unpaid motoring licenses and fees after it signed an Acknowledgement of Debt (AoD) with the Special Investigating Unit (SIU).
Money muling and forged documents have become headline acts in the South African fraud landscape. The South African fraud landscape has increased significantly over the past three years, with impersonation fraud, money muling and forged documentation being the most significant challenges the Southern African Fraud Prevention Services (SAFPS) have had to deal with. This year …
Experienced South African squash players Lizelle Muller and JP Brits are relishing the prospect of another international examination when they compete in the WSF World Cup Championships in India next week. The tournament in Chennai runs from Tuesday to Saturday and Muller, who captains the side, and Brits will be joined in the South African …
Government’s failure to end e-tolls formally means that the collection contract continues and, in some cases, private business still makes money out of it – most noticeably the car hire industry. Sanral extended the e-tolls collection contract twice last year, with one extension probably signed after the October 2022 announcement of the end of e-tolls, …
We have all read the ‘propaganda’ that encourages us to find Business Directory sites and self submit our businesses to them. They all promise loads of traffic and an increase in visibility in the SERPs (Search Engine Results Pages). BUT, in order to get the promised traffic and concommitant rise in the SERPs you invariably …
The Department of Employment and Labour is today hosting an employment equity (EE) workshop with all trade union federations.
The African Union and a unit of Temasek Holdings Pte (SMEC) are considering backing a plan to develop as many as 123 new cities across Africa, as reported (https://apo-opa.info/3Nq2831) by Bloomberg. The plan has been developed by Africa123 (https://apo-opa.info/3NbnXlM).
''The Africa Foresight Fund is proud to be participating in a very exciting multigenerational Pan-African development vision. The company is pleased to have been able to assist in bringing together industry players - Africa123 and SMEC - for this exciting opportunity, with the ultimate goal of leading in green urbanism for African generations to come,'' says Jacques NdoutouMvé, co-founder and director of the Africa Foresight Fund (AFF). ''For investors, from institutional funds to family offices, the African continent is globally significant and will be a centre of gravity in the very near future''.
SMEC is a global infrastructure advisory firm that's owned by a unit of Singapore's Temasek, which holds a portfolio of roughly $300 billion.
The Africa Foresight Fund (AFF) is currently presenting investors with Milkwood City (https://apo-opa.info/3N57OOx), just north of Cape Town, a major project in the Africa123 portfolio: ''A green city of the future in beautiful South Africa,'' says NdoutouMvé. ‘'The land opportunity underpins an incredible new urban centre.''
AFF is a South African-based private equity fund company with a representative office in Toronto, Canada. Email jacquesn@africaforesight.fund
Distributed by APO Group on behalf of Africa Foresight Fund.
For more information contact:
info@africaforesight.fund
+1 416-616-0062
https://apo-opa.info/3N1buRr
The ew facility will play a strategic role in Vertiv’s African investment. Johannesburg, South Africa [June 12, 2023] – Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the official opening of its African head office and state-of-the-art Customer Experience Centre, based in Johannesburg, South Africa. According to Wojtek …
The two Currie Cup semi-finals and the final of the Mzansi Challenge will all take place on Saturday afternoon in Bloemfontein, Durban and Kempton Park, with all three matches broadcast live on SuperSport. Kicking off a super Saturday of local action will be the Mzansi Challenge final at the Barnard Stadium, where the Valke will …
Investing in African Mining Indaba (Mining Indaba) (https://www.MiningIndaba.com) is honoured to announce that the President of the Republic of Angola, H.E. João Lourenço, will attend Mining Indaba 2024 where he will deliver a keynote address to delegates. His presence marks a significant step of progress for Angola and its mining industry as it seeks to increase investment and attract more companies to explore the country's potentially rich mineral resources.
Angola is the fourth largest diamond producer in the world, though much of its hinterland remains unexplored. The Angolan government has in recent years implemented regulatory reforms which have made it an attractive and best-destination country for foreign investors. The result has seen diamond major De Beers sign two mineral investment contracts in 2022 for diamond exploration and mining in Angola. Other major players such as Anglo American, Rio Tinto and Ivanhoe Mines have also more recently invested in the Angolan minerals and mining industry.
Importantly, Angola is looking to diversify and expand its commercial mining potential beyond diamonds to include critical minerals and gold in particular, which will bring a significant change in context to its mining sector. ASX-listed junior Tyranna Resources is working to help Angola realise this vision as it looks to develop and start mining the country's first lithium project by 2025. In addition, LSE-listed junior Pensana is working to develop the country's first rare earths mine by 2025. At this stage the mine will become Africa's first large-scale neodymium and praseodymium (NdPr) rare earth mine with an expected target production of 46,000 tonnes per year.
The Angolan government is committed to provide an investor-friendly environment for those interested in exploring the potential of its minerals sector while also creating sustainable economic growth for all its citizens. The presence of President Lourenço at Mining Indaba 2024 demonstrates this commitment, as well as his eagerness to promote international collaboration between business leaders keen on investing in Angola's minerals industry.
The theme for Mining Indaba 2024 is ‘Embracing the power of positive disruption: A bold new future for African Mining'. The steps taken by Angola to encourage mining investment supports the theme of disruption nature and shines a light on the positive steps this African country is taking to bring greater mineral wealth to the country.
Mining Indaba provides a platform for delegates to meet from around the world with interests spanning across finance, technology, sustainability and energy - all essential components of the modernising mining industry. President Lourenço's presence at the event will offer invaluable insights into how the industry can work together towards achieving collective goals and sustainable growth across the African continent.
For more information or to register your interest, please visit MiningIndaba.com.
Distributed by APO Group on behalf of Investing in African Mining Indaba.
For Media Enquiries:
Hyve Group
Amy Neville
Amy.neville@hyve.group
About Investing in African Mining Indaba:
Investing in African Mining Indaba is the largest mining investment event in Africa. With a proven track record of bringing together ministers, senior government representatives, mining companies, mid and junior miners, investors, professional services as well as mining equipment and service providers, Mining Indaba is the place to meet everybody who's anybody in the African and global mining industry.
It is the must-attend event that drives the mining industry forward and provides attendees with unmatched access to the entire value chain and the most influential players in African mining for four days of high-quality content, deal-making and networking opportunities.
We are looking forward to welcoming you to Cape Town for our upcoming Mining Indaba Conference. Investing in African Mining Indaba 2024 takes place in Cape Town, South Africa, from 5-8 February 2024. https://MiningIndaba.com/Home
Australian gas explorer Kinetiko Energy will be making a significant contribution to the upcoming African Energy Week (AEW) 2023 as its CEO, Nick de Blocq, takes the stage as a distinguished speaker. Recognized as Africa's premier event for the oil and gas industry, AEW 2023, taking place in Cape Town from October 16-20, will provide a platform for de Blocq to share Kinetiko's innovative approaches to natural gas exploration and production in South Africa. Attendees can anticipate invaluable insights into the company's strategies that are revolutionizing the energy sector in the region.
With an impressive career spanning more than 27 years in the oil and gas industry, de Blocq brings a wealth of experience from various countries. As the CEO of Kinetiko, he has been instrumental in highlighting the company's ongoing pursuit of impactful and innovative work in the energy sector. His dedication to the industry, willingness to embrace challenging roles, and commitment to sustainability and responsible business practices underscore his passion for driving positive change.
The presence of de Blocq and Kinetiko Energy at AEW will be highly valuable. Kinetiko Energy, an Australian company focused on developing conventional gas reserves in southern Africa, particularly in the Amersfoort-to-Volksrust region of the Mpumalanga province, holds vast opportunities for the energy sector. With the region's estimated gas deposits of 4.9 trillion cubic feet, Kinetiko has achieved impressive results in recent drilling programs. The strategic positioning of the company's wells, such as Block ER271 near the Majuba TPP and Block ER270 along the critical Lily Pipeline, showcases the potential to supply gas to industries and power generation facilities.
Establishing a joint development agreement with the Industrial Development Corporation of South Africa – a subsidiary of the South African government responsible for driving economic growth and industrial development in the country – the company's subsidiary, Afro Energy aims to develop approximately 20 gas fields in the country with the primary objective to extract gas for power generation. This partnership and development of gas is expected to contribute to the country's energy needs.
The Amersfoort Project, which employs state-of-the-art technology and pioneering techniques to extract gas from coal seams, aims to cater to various applications, including domestic and industrial use, as well as electricity generation. Through its pilot generator set to be installed at the Amersfoort Project, Kinetiko is positioning itself as a significant contributor to South Africa's long-term energy security and supports the country's transition to cleaner and more sustainable energy sources.
The company's dedication to innovation in sandstone gas and coal bed methane exploration distinguishes it as a leading enterprise in South Africa's energy-challenged sector. De Blocq's participation at AEW 2023 will enable him to provide insightful discussions on Kinetiko Energy's dynamic operations within the energy sector. Additionally, de Blocq's experience in promoting local content and sustainable business practices aligns with AEW's focus on sustainable and responsible development of the African energy sector, making his insights particularly relevant.
“The Chamber is pleased to have de Blocq participate at AEW. With his experience in the sector and a remarkable ability to navigate complex situations, his expertise and insights will be highly valuable to the conference. We look forward to hearing de Blocq's thoughts on the African energy industry, as well as his unique perspectives on Kinetiko Energy's pioneering strategies for natural gas exploration and production in South Africa. We have no doubt that his contributions to the discussions on sustainable and responsible energy development in Africa will be highly impactful,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber.
By participating in AEW, de Blocq and Kinetiko Energy aim to share innovative technologies, cutting-edge techniques, and insights into natural gas exploration and production, potentially fostering collaborations and partnerships. Their presence at the conference will also raise awareness about the potential of natural gas as a viable energy source in Africa and contribute to the regions energy security.
African Energy Week (AEW) is the African Energy Chamber's (AEC) interactive exhibition and networking event, established in 2021, that seeks to unite African energy stakeholders, drive industry growth and development, and promote Africa as the destination for African-focused events.
For further information on the African Energy Week 2023 conference, click the link below: https://www.AECWeek.com/AEW-23/
Distributed by APO Group on behalf of African Energy Chamber.
In its 20 years of existence the Media Development and Diversity Agency (MDDA) has contributed to the transformation of the media industry through the provision of grant funding to community media.
About 200 people picketed at the bank’s head office to demand it stop investing in fossil fuels
While government has adopted policies that have contributed to economic transformation over the years, Deputy President Paul Mashatile said he was concerned about the rate of economic growth.
