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Unlocking Africa’s $180 Billion Digital Trade Economy
The future of African trade is digital, and it's unfolding. From Dakar to Durban, a quiet but steady transformation is taking shape. According to the United Nations Conference on Trade and Development (UNCTAD), global trade hit a record $33 trillion in 2024, with developing economies, including Africa, playing a growing role in that expansion.
The African Free Continental Trade Area offers the largest free market, including 55 countries, a population of 1.3 billion and a combined GDP of $3.4 trillion. The opportunities are vast, yet the strategies required for industrial players to source, move and manage raw materials and finished goods remain a challenge.
“The continent's digital economy is projected to reach $180 billion by 2025, up from $115 billion in 2020, thus contributing significantly to Africa's GDP, creating new job opportunities, and expanding regional trade. Digital trade is transforming the continent's economic landscape, creating new opportunities for real economic growth, productive job creation, and poverty reduction.” H.E. Dr Jumoke Oduwole, Minister, Federal Ministry of Industry, Trade & Investment
“Building on this rapid expansion, our focus must shift from isolated digital initiatives to a fully integrated ecosystem that streamlines every step of trade—sourcing, supplying, logistics and payments. By integrating these functionalities on a single platform, Matta enables manufacturers to navigate sourcing headaches and suppliers to manage cross-border complexities with confidence and unlocks new markets in Africa in real time. This holistic approach is what will transform digital trade's potential into tangible, inclusive economic growth across Africa.” Mudiaga Mowoe, Founder and Chief Executive Officer, Matta.
Launched to enable sustainable African economies, Matta's integrated ecosystem—today powered by the Matta digital marketplace (www.Matta.Trade) and the Flux logistics management tool, with Oxide Finance (Matta's upcoming trade-financing and cross-border payments platform) arriving soon—empowers manufacturers and suppliers across food & beverage, home & personal care, paints & coatings, agro-processing, automotive assembly, textiles, construction, and beyond with truly end-to-end sourcing, movement, and settlement. Rather than supplanting traditional trade networks, this unified platform amplifies human partnerships through real-time visibility, traceability, and seamless transactions.
This evolution in digital trade and industrial growth is one of the key conversations that will take centre stage at the West Africa Industrialisation, Manufacturing & Trade (West Africa IMT) Summit and Exhibition, set to take place from October 21-23, 2025. West Africa IMT is a high-level platform for government leaders, investors, manufacturers, and technology innovators to align practical solutions and policy frameworks for accelerating Africa's industrial transformation.
Matta, Africa's integrated ecosystem for industrial trade, will join other industry stakeholders across the continent at West Africa IMT 2025 to discuss the potential opportunities for industrial growth in the West African sub-region. As manufacturers increasingly seek more innovative, more efficient ways to power production beyond physical infrastructure and policy support, there's an urgent need for systems that simplify sourcing, enhance transparency, and ensure supply chain reliability. Matta addresses these challenges by connecting African manufacturers directly to verified suppliers of raw materials and commodities, ensuring business continuity in an environment where procurement bottlenecks often slow production timelines.
Digital platforms address multiple challenges simultaneously: procurement complexities, logistics coordination, payment processing, and data-based planning. By integrating these capabilities into industrial operations, West African economies can accelerate development timelines and establish competitive manufacturing centres that participate effectively in global markets.
As African nations chart independent economic paths, digital trade platforms like Matta will significantly influence how quickly and effectively new industrial capabilities develop. The transformation in African trade is already underway, with effects that will continue to reshape economic relationships for years to come.
West Africa Industrialisation, Manufacturing & Trade Summit & Exhibition
21-23 October 2025 I Landmark Centre | Lagos | Nigeria
Distributed by APO Group on behalf of dmg Nigeria events.
Contact Details:
Roshan Jan-Mahomed
Head of Marketing – Africa
Email: info@westafricaimt.com
www.WestAfricaIMT.com
About the West Africa Industrialisation, Manufacturing & Trade Summit and Exhibition 2025:
The Pre-eminent Global Gathering Driving West Africa's Industrial Revolution
The West Africa Industrialisation, Manufacturing and Trade (West Africa IMT) Summit and Exhibition will unite the industrialisation ecosystem, including energy, finance, infrastructure, manufacturing, raw materials, logistics/supply chain, technology, trade and security, to accelerate a sustainable industrial revolution for West Africa. As governments across the region have declared industrialisation as a key priority, the Strategic Summit will feature the visions from Heads of government seeking public–private partnerships to drive industrial revolution across the region. Decisive action is at the core of the agenda, providing solutions for sustainable resource valorisation and opening up trade pathways for economic development and prosperity.
Participation is expected from across the global industrialisation value chain including the following industries: Aerospace, Agriculture, Automotive, Chemicals, Construction, Energy & Utilities, FCMG, Heavy Industries, ICT & Electronics, Infrastructure, Logistics & Transportation, Machine & Equipment, Maritime, Medical, Mining, Plastics & Rubber, Pharmaceuticals, Retail, Technology Solution Providers, Textiles, Water & Utilities.
● 15+ African ministers
● 25+ countries represented from around the globe
● 70+ expert industry speakers
● 250+ exhibiting companies
● 500+ conference delegates
● 2,500+ attendees
About dmg Nigeria events:
dmg Nigeria events is a subsidiary of dmg events. dmg events is a wholly owned subsidiary of the Daily Mail and General Trust plc (DMGT), an international portfolio of information, media and events businesses.
DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1 billion, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. Its venture capital business, dmg ventures, holds minority stakes in early-stage businesses and focuses particularly on disruptive consumer media propositions.
Headquartered in Dubai, UAE since 1989 with offices in Canada, Egypt, Nigeria, Saudi Arabia, Singapore, South Africa, Thailand and the UK. dmg events is an international exhibition, conference and intelligence company, attracting more than 1,000,000 attendees to a portfolio of over 80 events each year.
This global portfolio works closely with key stakeholders across the industry to facilitate pragmatic dialogue, serving as a platform for the latest discussions at the forefront of change.
For more information on dmg events, visit: www.dmgevents.com
South Africa’s Response to the US Government’s Imposition of Tariffs
South Africa's Strategic Adaptation to US Tariffs: Advancing National Interests through Policy and Strategy
The new tariff regime arising from the decision by the United States of America, which have been directed not only to South Africa, but the entire world necessitates strategic responses to maintain and grow our industrial base, as a crucial avenue to pursue inclusive growth.
In response to the US Government's imposition of tariffs, South Africa will continue to navigate the challenges and opportunities these measures present with resilience and innovation. Guided by its national interests and aligned with its broader trade and industrial policy, South Africa is committed to ensuring economic growth, industrial development, and the well-being of its citizens.
South Africa intends to:
1. Negotiate Favourable Agreements
South Africa will work to secure opportunities, in a context of a rapid withdrawal of favourable arrangements giving our exports preferential access to the United States of America. This might involve securing additional exemptions and favourable quota agreements, ensuring our industries maintain critical access to the US market, including through sectoral cooperation. This aligns with the national interest of promoting economic prosperity and safeguarding the livelihoods of South Africans.
2. Diversify and Expand Trade Relations
Efforts will intensify to diversify export destinations, targeting markets across Africa, as well as in Asia, Europe, Middle East, and Americas.
Moreover, such efforts will also, where deemed appropriate involve bilateral arrangements where these allow for the pursuance of our national interest. In our presidency of the G20, as the recent engagements at the G20 trade and investment working group (TIWG) indicate, the issue of supply chain geographical diversification is a challenge confronting all open market economies the world over.
This diversification supports South Africa's industrial strategy and reduces dependency on single destination markets for our exports or single sources for our intermediate input requirements. Fostering resilience in line with national economic priorities.
3. Enhance Regional Trade Collaboration
South Africa will leverage the African Continental Free Trade Area (AfCFTA) to bolster intra-African trade, fostering stronger regional economic integration and cooperation. This approach aligns with the national interest of contributing to a better Africa and world.
4. Focus on Value-Added Production
Industries will prioritise transforming raw materials into higher value finished goods, reducing tariff exposure and driving innovation to improve profitability. This supports South Africa's industrial policy objectives of boosting local manufacturing and creating jobs.
5. Stimulate Domestic Growth
The government will invest strategically in industries impacted by the tariffs, supporting economic growth through modernisation and targeted infrastructure development. This aligns with the national interest of ensuring the well-being of South African citizens.
6. Forge Global Alliances
South Africa will continue to build strategic partnerships with other nations enhancing collaboration and our influence in international trade negotiations. This reflects the national interest of strengthening global diplomatic and economic ties.
South Africa's tariff and industrial strategy are designed to support industrial development, employment growth, and economic resilience. By aligning these policies with the national interest, South Africa will ensure that its economy emerges stronger, more diversified, and resilient in the face of global trade complexities.
This approach will also apply to the 7 February Executive Order, which is currently being attended by an interdepartmental team which includes the departments affected by the executive order.
The 31% tariff implemented by the US Administration will be effective from 9 April 2025. South Africa's average tariff is 7.6% and therefore South Africa needs clarity on the basis for the 31% to be implemented by the US.
It is important to note that products such as copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals, and energy and energy products have been exempted from the reciprocal tariffs. Some of these materials are already key parts of the United States of America's sourcing requirements. According to the United States Geological Survey, 97% of their chrome ore requirements come from South Africa, 6% of fluorspar import requirements and 24% of the United States manganese requirements. These reciprocal tariffs will not apply to products already facing Section 232 tariffs of 25% such as steel, aluminium, automobiles and auto parts.
The reciprocal tariffs effectively nullify the preferences that Sub-Saharan Africa countries enjoy under the Africa Growth and Opportunity Act (AGOA). The sweeping tariff measures will affect several sectors of our economy, including automotive industry, agriculture, processed food and beverage, chemical, metals, and other segments of manufacturing, with implications for jobs and growth.
The US represented 7.45% of South Africa's total exports in 2024, while South Africa accounted for only 0.4% of US total imports. As such, South Africa does not constitute a threat to US and where there is a trade imbalance in favour of South Africa, it is mainly on agriculture products which are counter-cyclical and on minerals which are inputs in US industries.
South Africa will continue building domestic supply resilience, reducing cost of doing business and increasing competitiveness of our economy. Further, South Africa will continue with efforts to diversify export markets as part of its resilience building strategy.
The significant market access opportunities both through trade agreements and through strategic partnerships with countries across the globe present huge opportunities for our exports. The recently concluded Africa Continental Free Trade Area (AfCFTA) remains untapped, beyond the Southern Africa Development Community (SADC).
Furthermore, South Africa enjoys preferential market access through the Southern Africa Customs Union, SADC, SADC-EU Economic Partnership Agreement (EPA), SACU+Mozambique-UK EPA, the European Free Trade Association (EFTA), MERCUSUR (that includes Argentina, Brazil, Paraguay and Uruguay) and Japan Generalised System of Preferences. In addition, government is strengthening relations with countries in Asia and the Middle East to open new market access opportunities. Some of these efforts are bearing fruit with new market access opportunities for our agriculture products.
To re-iterate the Presidency, whilst South Africa remains committed to a mutually beneficial trade relationship with the United States, unilaterally imposed and punitive tariffs are a concern and serve as a barrier to trade and shared prosperity. The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial agreement with the US, that will establish more fair-trade relations with the US as an essential step to secure long-term trade certainty.
Distributed by APO Group on behalf of Republic of South Africa: Department of International Relations and Cooperation.
SA unveils strategic economic diversification plan amid US tariffs
SA unveils strategic economic diversification plan amid US tariffs
South Africa has unveiled a comprehensive strategy to mitigate the economic impact of new United States tariffs, focusing on export diversification, value-added production, and strengthening regional trade partnerships.
This is after United States President, Donald Trump, announced global reciprocal tariffs on most imported goods, with South Africa facing a 31% tariff increase.
“The new tariff regime arising from the decision by the United States of America, which have been directed not only to South Africa, but the entire world, necessitates strategic responses to maintain and grow our industrial base, as a crucial avenue to pursue inclusive growth,” the Minister of International Relations and Cooperation, Ronald Lamola, said on Friday.
Lamola was speaking during a joint media briefing with the Minister of Trade, Industry and Competition, Parks Tau.
He informed journalists that South Africa will continue to tackle the challenges and seize opportunities with resilience and innovation, as the country moves forward with ensuring economic growth, industrial development, and the well-being of its citizens.
Lamola outlined plans to navigate the challenges posed by the 31% tariffs set to take effect from 9 April 2025.
These include negotiating favourable trade agreements with the United States; leveraging the African Continental Free Trade Area (AfCFTA) to boost intra-African trade; and prioritising high-value manufacturing to reduce tariff exposure.
In addition, he said government remains committed to building economic resilience, exploring alternative market access through existing trade agreements and strategic partnerships with countries across various regions.
“We will intensify efforts to diversify export destinations, targeting markets across Africa, Asia, Europe, the Middle East, and the Americas,” the Minister stated.
According to Lamola, government aims to reduce dependence on single export markets and foster economic resilience.
Meanwhile, he announced that the State will invest strategically in industries impacted by the tariffs, supporting economic growth through modernisation and targeted infrastructure development.
The sweeping tariff measures will affect several sectors of South Africa’s economy, including automotive, industrial agriculture, processed food and beverage, chemical, metals, and other segments of manufacturing.
According to Lamola, South Africa’s tariff and industrial strategy are designed to support industrial development, employment growth, and economic resilience.
“By aligning these policies with the national interest, South Africa will ensure that its economy emerges stronger, more diversified, and resilient in the face of global trade complexities,” he explained.
This approach will also apply to the 7 February Executive Order, which led to the withdrawal from the Just Energy Transition (JET) partnership with South Africa.
“South Africa’s average tariff is 7.6% and therefore South Africa needs clarity on the basis for the 31% to be implemented by the US.”
Lamola clarified that products such as copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals, and energy and energy products, have been exempted from the reciprocal tariffs.
These reciprocal tariffs will also not apply to products already facing Section 232 tariffs of 25%, such as steel, aluminium, automobiles, and auto parts.
Currently, the Minister said the United States represents 7.45% of South Africa’s total exports, while South Africa accounts for only 0.4% of the United States’ imports.
“As such, South Africa does not constitute a threat to the US, and there is a trade imbalance in favour of South Africa. It is mainly on agricultural products, which are counter-cyclical, and on minerals, which are inputs in US industries.”
Highlighting the potential impact, Lamola noted that the tariffs “effectively nullify the preference that Sub-Saharan African countries enjoy under the Africa Growth and Opportunity Act (AGOA).”
However, despite the challenges, Lamola said government remains optimistic.
“The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial agreement with the US, that will establish more fair-trade relations with the US as an essential step to secure long-term trade certainty,” Lamola added.
Transparency in tariff calculations
Meanwhile, Tau stressed the need for confirmation from the United States on how they arrived at the tariff number, referencing international norms and standards.
He also highlighted the importance of transparency in tariff calculations, using World Trade Organisation (WTO) standards and the most favoured nations mechanism.
“And that’s why we are advocating for a reform of the World Trade Organisation and ensuring that it’s able to adapt to current reality, but also ensuring that we’re able to reinforce a multilateral system of trade and transparency across the board. Otherwise, you’re going to have an environment where there are no global rules,” Tau added. – SAnews.gov.za
Gabisile
Fri, 04/04/2025 - 13:08
177 views
MPs, invited guests encouraged to wear local attire for SONA
MPs, invited guests encouraged to wear local attire for SONA
The Chairperson of the National Council of Provinces (NCOP), Refilwe Mtshweni-Tsipane, has urged Members of Parliament (MPs) and the nearly 2 000 guests attending tomorrow’s State of the Nation Address (SONA) to support local designers.
SONA is an event where President Cyril Ramaphosa provides updates on the government’s programmes and sets the agenda for the new financial year.
But, it is also where some MPs and bigwigs dress to the nines to make a fashion statement.
Parliament has since partnered with Proudly South African to support the local fashion industry under the ’Wear Local at SONA’ initiative, said Mtshweni-Tsipane on Wednesday.
“The campaign aims to elevate the local fashion industry calling on the nation’s leaders to showcase South African designed and manufactured fashion at the SONA,” she said.
In addition, Parliament has partnered with businesses in the agriculture, food, and beverage sectors to support the event.
“Some of these businesses represent the great success of our government in designating South Africa’s products as Geographical Indicators, such as in the case of the Karoo lamb and others.
“We extend our full gratitude and appreciation to all businesses and persons who continue to sponsor this event,” she told the media.
Mtshweni-Tsipane and the National Assembly (NA) Speaker Thoko Didiza were addressing journalists in Cape Town about Parliament’s preparations for the 2025 SONA.
Meanwhile, President Cyril Ramaphosa will be ushered by Inako Mateza, a 19-year-old Xhosa praise singer from the Eastern Cape, which aligns with long-standing traditions.
She took a moment to express sincere gratitude to the informal traders for their continued cooperation since Cape Town City Hall became the venue for the SONA after the 2022 fire that damaged the parliamentary complex.
“While we acknowledge that events of this magnitude inevitably cause some inconveniences within the Central Business District, we also recognise the broader economic value that SONA brings to the city.”
As a significant national event, the Chairperson said SONA garners both local and international attention, boosting economic activity through increased tourism, hospitality, and business opportunities.
“As with previous SONAs, alternative arrangements have been made, in collaboration with the City of Cape Town and the Informal Traders Association, to ensure that affected traders can continue operating at designated alternative venues.”
Post-SONA sittings
After tomorrow’s all-important SONA, the NA and the NCOP will reconvene for a joint session on 11 and 12 February 2025 to debate the President’s address.
The President will respond to the debate on February 13, while the Minister of Finance is scheduled to deliver the Budget Speech on 19 February.
“We encourage all South Africans to actively engage with SONA by tuning in and sharing their views across the various communication platforms provided by Parliament, the government, and the media.”
The SONA will be broadcast live across Parliament TV, mainstream broadcasters, and streaming services. – SAnews.gov.za
Gabisile
Wed, 02/05/2025 - 15:52
3 views
South Africa-Angola elevate bilateral relations
South Africa-Angola elevate bilateral relations
President Cyril Ramaphosa has emphasised that increasing trade and investment between South Africa and Angola remains a top priority.
“Increasing trade and investment between the two countries remains our foremost objective. South Africa must become the destination of choice for Angolan goods, products and services, and vice versa,” he said.
The President was delivering opening remarks during official talks with Angolan President João Manuel Gonçalves Lourenço at the Union Buildings in Pretoria, on Thursday.
President Lourenço of the Republic of Angola is in South Africa on a State Visit at the invitation of President Ramaphosa.
The Heads of State are using the occasion to solidify relations between the two countries who share deep historical ties.
WATCH | Official Talks between HE President Cyril Ramaphosa and HE President João Lourenço
President Ramaphosa highlighted the decision to elevate the structured bilateral mechanism between South Africa and Angola from a Joint Commission of Cooperation to a Bi-National Commission (BNC), reflecting a deepening commitment to collaboration.
The inaugural BNC session will take place in Angola next year, coinciding with the 50th anniversary of Angolan independence.
“Co-chairing this first session with you will be an honour, especially given that it will be during the 50th anniversary celebrations of Angolan independence.”
The President underscored the strong economic ties between the two nations, noting the presence of 20 South African companies in Angola and their diversification into sectors beyond oil.
South African foreign direct investment (FDI) into Angola has been in a range of sectors such as financial services, IT, food and beverage, transportation, warehousing and tourism.
South Africa’s Industrial Development Corporation (IDC) also has investment projects in Angola, namely in the Cabinda Oil Refinery and the Cabinda phosphate project.
“We want to see more Angolan companies in South Africa. Opportunities exist in infrastructure development, agriculture, construction, mining, financial services, telecoms and manufacturing, to name but a few,” the President explained.
Collaboration in Economic Growth
The leaders discussed leveraging the African Continental Free Trade Agreement (AfCFTA) to drive industrialisation and trade.
President Ramaphosa also emphasised the potential for joint strategies in mineral beneficiation, particularly as global demand grows for critical minerals essential to the energy transition.
He highlighted Angola’s Lobito Trans-Africa Corridor as a promising development for regional integration and trade.
“We see the African Continental Trade Agreement as a catalyst for inclusive economic growth, and we must take advantage of the system of preferential terms provided to signatories.
“As both Angola and South Africa strive to accelerate the pace of industrialisation, we need to build mutually complementary capabilities in manufacturing and value-addition of products,” he said.
Commitment to Peace and Multilateralism
The leaders’ discussions extended to shared efforts in promoting peace and security across the continent.
Angola’s contributions to peacebuilding, particularly its role in the Southern African Development Community (SADC) and initiatives like the Luanda Process were praised.
“We must continue to deepen our collaboration towards resolving the conflict in the Eastern DRC, the civil war in Sudan and the post-electoral crisis in Mozambique.
“Silencing the Guns across Africa is a necessary precondition for stability, economic growth and development. As African countries, we must be at the forefront of promoting the peaceful resolution of conflict, particularly at a time when the future of multilateralism is at stake,” he said.
On the global stage, President Ramaphosa advocated for reforming international institutions, including the UN Security Council, to better represent the Global South. He reaffirmed South Africa’s commitment to multilateralism, calling for respect for the United Nations Charter and international law.
Africa at the forefront
With South Africa having assumed the G20 Presidency, President Ramaphosa pledged to prioritise Africa’s developmental goals, particularly those outlined in Agenda 2063.
According to the African Union, Agenda 2063 is Africa's development blueprint to achieve inclusive and sustainable socio-economic development over a 50-year period.
The President highlighted that South Africa will host the first G20 Summit on African soil in 2025, signalling a historic moment for the continent.
“Working with the African Union and fellow African countries will ensure that the issues of strategic importance to Africa and the Global South are highlighted.”
The President further extended a warm welcome to President Lourenço and his delegation saying his visit marks a significant step in strengthening bilateral ties between the two nations.
“Your presence here testifies to the strong ties of solidarity and friendship between our two countries.” – SAnews.gov.za
DikelediM
Thu, 12/12/2024 - 13:52
294 views
Mashatile to address Knysna Regional 2024 Investment Conference
Mashatile to address Knysna Regional 2024 Investment Conference
Deputy President Paul Mashatile is expected to attend and deliver the keynote address at the Knysna Regional 2024 Investment Conference in the Western Cape on Friday.
The Knysna Regional 2024 Investment Conference is organised through a partnership between government, the private sector as well as civil society.
The theme of this year’s gathering is “Investments through Skills and Capacity building in the broader region”.
The initiative, led by partners that include the Greater Knysna Business Chamber, the Garden Route District Municipality, the Yona Yethu initiative, and the Knysna Local Municipality, is aimed at promoting Knysna as an attractive investment destination in the Western Cape and South Africa.
According to the Presidency, the conference will be attended by delegates from various industries in tourism, telecommunication, logistics, finance, and the food and beverage sectors.
The gathering will zoom into the Economic Development and Opportunities for Small, Medium and Micro Enterprises (SMMEs), which the Presidency said is a critical force in addressing economic challenges such as poverty and unemployment.
The attendees will talk about investment promotion aimed at attracting both domestic and foreign direct investment vital for stimulating the local economy, and skills development and training.
They will also touch on meaningful networking and collaboration opportunities to support SMME growth and investment initiatives. The gathering will also highlight investment in key economic sectors promoting sustainable development and addressing critical economic drivers.
“Government continues to champion partnership with the private sector, labour and civil society in tackling some of the most immediate challenges facing the South African economy,” the statement read.
Deputy President Mashatile will, amongst other government-led investment drives, update the conference on Operation Vulindlela, a joint initiative led by the Presidency and National Treasury to accelerate the implementation of structural reforms and support for economic recovery.
Through this initiative, the Presidency stated that government aims to modernise and transform network and infrastructure industries, including electricity, water, transport and digital communications to improve the living conditions of the people.
Deputy President Mashatile will be accompanied by the Deputy Minister of Higher Education, Dr Mimmy Gondwe, Deputy Minister of Finance Ashor Sarupen and the Deputy Minister of Forestry, Fisheries and the Environment Narend Singh.
In attendance will also be the Garden Route District Municipality Executive Mayor Andrew Stroebel and Knysna Local Municipality Executive Mayor Aubrey Ndoda Tsengwa. – SAnews.gov.za
Gabisile
Thu, 11/14/2024 - 13:07
19 views
KZN commits to economic development, investment growth toward 2030
KZN commits to economic development, investment growth toward 2030
KwaZulu-Natal Premier, Thamsanqa Ntuli, has underscored the commitment to economic development, trade, and investment growth toward 2030, aligned with the province's broader strategic priorities.
Ntuli reiterated the province’s commitment during the KwaZulu-Natal Trade and Investment Conference currently underway at the Inkosi Albert Luthuli International Convention Centre in Durban.
The two-day conference, which started on Monday, aims to promote, brand, and market KwaZulu-Natal as an investment destination, identify and develop investment opportunities, among others.
The conference brings together investors, government leaders, and industry captains to explore and amplify the province’s status as a top investment destination.
Delivering his keynote address on Monday, Ntuli highlighted that over the past decade, KwaZulu-Natal has attracted significant investments in key sectors, especially through developments at the Durban and Richards Bay Ports, two of Africa’s largest and busiest maritime hubs.
“Enhanced container capacity, automation, and infrastructure upgrades have strengthened KZN’s position as a regional logistics powerhouse. Similarly, the Dube Trade Port, adjacent to King Shaka International Airport, has drawn over R2 billion in investments, cementing its role in warehousing, logistics, and agriculture, including the Dube AgriZone, a major hub for export-focused agri-business,” Ntuli said.
Reflecting on the 2019 Provincial Trade and Investment Strategy’s achievements and areas for intensified effort, Ntuli said the strategy targeted R76 billion in new and expansionary investments by 2024. This is alongside the creation of approximately 68 000 jobs and an increase in the province’s national export value to R1.28 trillion.
While projections indicate that the targets may not be fully met by the year’s end, the Premier emphasised the need to redouble efforts in investment initiatives.
“The Richards Bay Industrial Development Zone (RBIDZ) has fuelled growth in heavy industry and energy, particularly in metals like aluminium and steel, generating jobs and boosting export potential.
“Renewable energy investments, particularly in biomass and solar, have diversified KZN’s energy landscape, with biofuel production from the sugarcane industry enhancing the province’s green economy credentials.”
Growth in the agricultural sector
The Premier also highlighted the province’s strong agricultural sector, which has attracted investments in agro-processing, and supporting industries including sugar refining, dairy processing, and timber.
The Premier said this growth is further supported by a thriving food and beverage industry, pharmaceutical, and packaging sectors, benefiting from proximity to key ports and an expanding consumer base.
Tourism
He said tourism also remains central to KZN’s economy, supported by new hospitality investments, including the reopening of the international Hilton Hotel and the Durban Beach promenade renewal.
READ | Mayor welcomes re-opening of the Hilton Hotel in Durban
Noting KZN’s absence from many long-haul tourist packages, Premier Ntuli stressed the importance of positioning the province as a key destination for international tourism.
Ntuli highlighted several strategic assets crucial to the province’s competitive advantage, and these include expanded port capacities, Special Economic Zones (SEZs) like Richards Bay and Dube TradePort, and streamlined regulatory and tax incentives to attract foreign and local investments.
The Premier urged stakeholders to seize the opportunities presented by the African Continental Free Trade Area (AfCFTA), which offers KZN unprecedented access to a $3.4 trillion market.
Partnerships
The Premier also addressed issues in freight rail services and port bottlenecks, emphasising that public-private partnerships could unlock efficiencies.
He further called attention to KZN’s role in automotive manufacturing, underscoring opportunities in electric vehicle (EV) component production to tap into Africa’s growing EV market.
“Sustainable growth initiatives, including green hydrogen, biomass, and digital innovation, are essential for positioning KZN as a leader in the renewable and digital economies. Collaboration with local universities and technology firms is building a skilled workforce to support industries like IT, finance, and business outsourcing, further enhancing KZN’s role as a technology and logistics hub,” Ntuli said.
The Premier emphasised the importance of resilient infrastructure, including sustainable energy investments, and inclusive growth that extends to all municipalities, cities, and rural areas.
He issued a call to action for deeper engagement with rural and municipal stakeholders, ensuring these areas are active participants and beneficiaries in KZN’s economic growth. – SAnews.gov.za
GabiK
Tue, 11/12/2024 - 13:35
16 views
Food poisoning incidents not related to school nutrition programme
Food poisoning incidents not related to school nutrition programme
The Department of Basic Education says it is concerned at the increasing reports of food poisoning involving children of school-going age.
“These incidents of food poisoning have disrupted teaching and learning as the majority of the cases affected learners during school hours. As a result, school time has been directed towards assisting the affected learners with medical attention,” the Department of Basic Education said in a statement.
In addition, the psycho-social impact of such incidents continues to have negative effects on both the learners and teachers.
The department said schools and communities in general are places where young children should feel and be safe.
“In all the cases the learners have consumed items bought from vendors and spaza shops in and around schools. The Department of Basic Education appreciates the work being done by various government departments and other organs of state to address the matter,” the department said.
It said although some media reports have incorrectly attributed the food poisoning incidents to the National School Nutrition Programme, no evidence has been found in this regard.
The National School Nutrition Programme is a key government programme aligned with the National Development Plan 2030 to address hunger, malnutrition and micronutrient deficiencies.
“It is a key pillar of Care and Support for Teaching and Learning (CSTL) that seeks to address barriers to teaching and learning, to enhance the learning capacity and give access to education for learners in targeted public primary, secondary and identified special schools.
“The programme provides nutritious meals to 9.7 million learners on school days. The total budget is R9.8 billion allocated for the 2024/25 financial year,” the department said.
The department emphasised that there is strict adherence to five basic hygiene practices which are:
- Keep clean,
- Separate cooked and raw food,
- Cook thoroughly,
- Keep food at a safe temperature, and
- Use safe water and raw materials.
“With the use of these basic principles the system is able to provide safe healthy meals to more than nine million learners daily without an incident that threatens lives,” it said.
According to the department, the media reports highlight a greater number of allegations that hundreds of school children suffer from food poisoning and increased incidents of hospitalisation.
“It must be made clear that many incidents experienced relate to food items bought through informal vendors. The other major factor is that school camps, tuck shops or vendors do not align with NSNP food basket and guidelines due to shifted area of responsibility.
“In order to address this, the School Governing Body and School Management Teams should play a leading role in ensuring that healthy food snacks and beverages are sold to learners,” the department said.
While the school has no jurisdiction over the street vendors, the school community should make an effort to keep a database of individuals selling food and beverage items on or near the school premises.
“This means that the entire community where the school is located should take responsibility for the wellbeing of its children, especially if the items consumed are sold outside school premises.
“The school should offer to hold meetings with school-based tuck shop operators on the nutritional value of different products being sold.”
The department urged parents, guardians and caregivers to be on high alert and to monitor the food items children consume and most importantly to verify the source of such items.
It conveyed condolences to the families of the children who have passed away as a result of consuming poisoned food items.
Communities are encouraged to report suspected cases of poisoning to the municipality and the South African Consumer Goods and Services Ombudsman on 0800 029 999. – SAnews.gov.za
Edwin
Sun, 10/27/2024 - 11:46
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Global Music Icons Usher and Tyla Join Coke Studio™ 2024 Lineup, Bringing Unique Exclusive Experiences to Fans Around the World
COKE STUDIO™ 2024 (www.CokeStudioAfrica.com) unveiled exciting new additions to this year's lineup, welcoming global music superstars, USHER and Tyla. Marking another milestone for COKE STUDIO™, Coca-Cola's premier global music platform, USHER and Tyla are joining this season alongside several incredible artists including Karol G, NewJeans and Peggy Gou, delivering exclusive musical experiences to fans around the world.
As part of the COKE STUDIO™ programming, fans can look forward to an array of immersive experiences from USHER and Tyla, including exclusive original tracks and thrilling live performances to be announced in the coming weeks. In October, USHER will perform live in Atlanta as part of his upcoming tour, while Tyla will take the stage in Johannesburg, South Africa where lucky fans will get to be some of the first in the world to experience the new tracks performed live for the very first time.
“Being part of this year's COKE STUDIO™ lineup is both an honor and an opportunity to engage with my fans through the power of music. Partnering with Coca-Cola to bring these experiences to life is exciting, and I can't wait for fans to join us in the magic we're crafting together,” said USHER.
“I'm excited to perform in my hometown of Johannesburg as part of the COKE STUDIO™ platform. It's a privilege to bring these vibrant moments to life and share the joy and energy with music lovers across the world,” said Tyla.
USHER and Tyla are the latest artists to curate new music for COKE STUDIO™ 2024 following the successful song drops of Karol G's “Si Antes Te Hubiera Conocido” (https://apo-opa.co/3Twfqxy), Peggy Gou's “Find The Way” (https://apo-opa.co/3Zwa09F), and NewJeans' “How Sweet” (https://apo-opa.co/3Xzzbp4) videos. Karol G's COKE STUDIO™ session has been celebrated for its remarkable achievements, as it reached the No. 1 global top music video on YouTube with over 225 million views. The song has been on top of the global charts for more than ten weeks, while also reaching the No. 1 spot on the Billboard Hot Latin Songs chart. You can pre-save Usher's track here (https://apo-opa.co/3Xzo7bs) before it's released across music streaming services.
“We're thrilled to welcome two of our favorite artists, USHER and Tyla, to our incredible 2024 lineup. This year COKE STUDIO™ offers unparalleled access to exclusive content and experiences that can't be found anywhere else. We've partnered with both USHER and Tyla to create something special for their fans, and we're sure that they will love what we have in store for the rest of 2024,” said Josh Burke, global head of music and culture marketing at The Coca-Cola Company.
The COKE STUDIO™ 2024 campaign was developed by Universal Music Group for Brands, Spotify AUX, Blended Strategy Group, Tyne Valley Group and WPP Open X including VML, Ogilvy and EssenceMediacom.
Fans can learn more information and access all content related to COKE STUDIO™ by visiting https://apo-opa.co/3TzOOM1.
Distributed by APO Group on behalf of Coke Studio Africa.
Contact:
Amel Benchikh El Houcine
abenchikh@coca-cola.com
About The Coca-Cola Company:
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.CoCa-ColaCompany.com and follow us on Instagram (https://apo-opa.co/3ZpCjGN), Facebook (https://apo-opa.co/3TwfugM) and LinkedIn (https://apo-opa.co/4evqEua).
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The Coca-Cola System in Africa Unveils Water Stewardship Initiative
The Coca-Cola Company in Africa (www.Coca-ColaCompany.com) and its bottling partners Coca-Cola Beverages Africa (CCBA), Equatorial Coca-Cola Bottling Company (ECCBC) and Coca-Cola HBC announced a nearly USD 25 million investment to help address critical water-related challenges in local communities in 20 African countries, starting this year through 2030. The work will be led by Global Water Challenge (GWC) and implemented by a consortium of partners, including The Nature Conservancy (TNC), The International Union for Conservation of Nature (IUCN) and the World Wildlife Fund (WWF).
The effort, called ‘The Coca-Cola System's Africa Water Stewardship Initiative', was introduced in Cape Town, South Africa, in presence of executives from the Coca-Cola system in Africa and NGO partners. During the event, Karyn Harrington, Vice President of Public Affairs, Communications and Sustainability at The Coca-Cola Company's Africa Operating Unit indicated “Water is a priority for The Coca-Cola Company and its local bottling partners because it is essential to life, the communities we serve and our beverages. As we face increasing water insecurity worldwide, with demand outstripping supply in many regions such as Africa, Coca-Cola is taking steps to help accelerate efforts to address water stress, protect local water resources, and build community climate resilience. Our 2030 Water Security Strategy focuses on helping enhance water security where we operate, source ingredients, and touch lives.”
“One in three Africans face water insecurity. The Global Water Challenge and ‘The Coca-Cola System's Africa Water Stewardship Initiative' partner coalition will seek to improve water security for millions across the African continent, helping advance community health and resilience through abundant, clean water. We applaud Coca-Cola's continued leadership on African water security” said Monica Ellis, CEO of GWC.
‘The Coca-Cola System's Africa Water Stewardship Initiative' aims to help protect and enhance the health of important watersheds and to help improve access to water and sanitation services in local communities. We will have projects in Algeria, Botswana, Cabo Verde, Comoros, Egypt, Eritrea, Eswatini, Ethiopia, Kenya, Mayotte, Morocco, Mozambique, Namibia, Nigeria, Somalia, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.
“CCBA has a responsibility to help those who face water scarcity and to help protect local water resources where we operate, especially in places with the biggest challenges. We are proud to partner with The Coca-Cola Company on this project,” says Layla Jeevanantham, Chief Public Affairs, Communication and Sustainability Officer at CCBA.
“We are proud to partner with The Coca-Cola Company and fellow bottlers on this critical initiative to help tackle water challenges across Africa. By working together, we can leverage the expertise of our partners and the knowledge of local communities to help create sustainable solutions that enhance water access and safeguard vital water resources,” said Sonia Ventosa, Public Affairs, Communications & Sustainability Manager at ECCBC.
“Coca-Cola HBC has been part of African communities for more than 70 years, and sustainability is an important part of how we operate. We're very happy to see this new water initiative come to life and to support the system's water stewardship efforts,” said Marcel Martin, Chief Corporate Affairs & Sustainability Officer, Coca-Cola HBC.
Recognizing that partnerships are critical to support this work, the company and its bottlers are collaborating with governments, businesses, and civil society organizations to design and implement strategic interventions. In addition to supporting the company's water strategy, this effort also aims to contribute to advancing the United Nations' Sustainable Development Goal 6, which focuses on ensuring availability and sustainable management of water and sanitation.
This water initiative will build upon The Coca-Cola Foundation (TCCF)'s Replenish Africa Initiative (RAIN), a groundbreaking collaboration with key partners and co-funders which helped improve access to clean water, sanitation and hygiene for 6 million people across African countries between 2009 and 2019. Through 120 projects, the initiative positively impacted homes, schools and healthcare clinics in more than 4,000 communities.
Distributed by APO Group on behalf of Coca-Cola.
Contacts:
Amel Benchikh El Houcine
abenchikh@coca-cola.com
About The Coca-Cola Company:
The Coca‑Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca‑Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We are constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.Coca-ColaCompany.com and follow us on Instagram (http://apo-opa.co/3Ttw0hL), Facebook (http://apo-opa.co/3ToqwVu) and LinkedIn (http://apo-opa.co/4db5D6V).
Forward-Looking Statements:
This update may contain statements, estimates or projections that constitute “forwardlooking statements” as defined under U.S. federal securities laws. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forwardlooking statements, which generally are not historical in nature. Statements about our sustainability goals, aspirations and anticipated progress also constitute “forwardlooking statements.” Forwardlooking statements are subject to certain risks and uncertainties that could cause The CocaCola Company's actual results to differ materially from its historical experience and our present expectations or projections. These risks include, but are not limited to, evolving sustainability regulatory requirements and expectations, including evolving processes, controls and methodologies for identifying, measuring, assuring and reporting sustainability metrics and data, which could result in significant revisions to our previously reported data; increasing concerns about the environmental impact of plastic bottles and other packaging materials; water scarcity and poor quality; increased demand for food products, decreased agricultural productivity and increased regulation of ingredient sourcing due diligence; climate change and legal or regulatory responses thereto; adverse weather conditions; unfavorable economic and geopolitical conditions; disruption of our supply chain, including increased commodity, raw material, packaging, energy, transportation and other input costs; an inability to successfully integrate and manage our acquired businesses, brands or bottling operations or an inability to realize a significant portion of the anticipated benefits of our joint ventures or strategic relationships; and other risks discussed in our filings with the Securities and Exchange Commission (the SEC), including our Annual Report on Form 10K for the year ended December 31, 2023, and our subsequently filed Quarterly Reports on Form 10Q, which filings are available through the SEC's website. You should not place undue reliance on forwardlooking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward looking statements.
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