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You are here: Home / Archives for business

business

7 October 2023

Tropika Island of Treasure All Stars Wins SAFTA Award for Best Competition Reality Programme

Location: MyPR

Johannesburg, South Africa – October 3, 2023: Tropika Island of Treasure season 10 All Stars has won the South African Film and Television Award (SAFTA) for Best Competition Reality Programme. The award was presented at a star studded ceremony held at Ghallager Estate in Midrand on Saturday, September 30, 2023. Tropika Island of Treasure All …

Read moreTropika Island of Treasure All Stars Wins SAFTA Award for Best Competition Reality Programme
6 October 2023

Futurelife invests R75m in Dube Trade Port SEZ facility

Location: News

Futurelife invests R75m in Dube Trade Port SEZ facility

KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC, Siboniso Duma, says the investment in a new Futurelife manufacturing facility at the Dube Trade Port Special Economic Zone (SEZ) has created hope for a better future for the province.

Duma made the remarks during the launch of a R75 million investment by South African health foods manufacturer, Futurelife, which took occupation in a new manufacturing facility in Dube TradePort, located near the King Shaka International Airport. 

The modern factory is set to streamline Futurelife's production processes, enhancing the organisation's efficiency through the purchase of advanced machinery and equipment that will enable the factory to operate at international standards.  
 
Cutting the ribbon to officially mark the factory opening for business, Duma emphasised the important role that the factory will play in sustainable economic development in KwaZulu-Natal.

Duma said locating the business within the Dube Trade Port SEZ will ensure efficiencies in the operations while reducing the logistics costs.
 
Ahead of the COVID-19 lockdown, about 315 000 people were employed in manufacturing, representing just of 12% of total formal and informal employment. 

He said the plant is an integral part of the provincial industrial strategy which aims to stimulate the manufacturing industry in order to increase employment.

“This launch is a result of your ability to work together to master new state-of-the-art technologies and to do this all on schedule. If we are to realise the province’s full potential and discharge our shared commitment to create a better life for all South Africans, then increased investment in the province is of critical importance. 

“The fact that Futurelife already sources 87% of its raw materials locally, gives local producers an advantage of future upstream integration as Futurelife continues to pursue growth into regional and international markets," Duma said
 
Futurelife, which previously had its operations in Pinetown for 14 years, was fully acquired by food and beverage company, PepsiCo South Africa in 2023. 
 
Former Futurelife Managing Director and now PepsiCo South Africa’s Commercial Vice President Mark Bunn said the exceptional facility is a testament to the company’s commitment to transforming and improving South Africans' health and well-being. 

“The new factory embodies our dedication to contributing positively to the local community and ultimately the broader economy. The company has its origins in KwaZulu-Natal and has experienced significant growth and success within this region and, over time, in South Africa at large. 

“We are, therefore, unwavering in our commitment to giving back to the very community and economy that has played a pivotal role in our journey. Our dedication extends beyond business as usual; it's a pledge to support and enrich the local community and economy through our endeavours, ensuring a lasting positive impact for years to come,” Bunn said.
 
Bunn said the company currently has a staff complement of 186 and anticipates creating an additional 24 direct jobs in the next five years of its operations within the new facility.

He added that the company anticipates growing 30% of its business into export markets in Asia, Middle East, Europe, North America and the rest of the African continent.  
  
Dube Trade Port SEZ CEO, Hamish Erskine said the investment is significant for FutureLife, and serves as a notable endorsement for the SEZ, as an investment destination in South Africa. 

“As the Special Economic Zone operator, we welcome this investment and look forward to working with and supporting FutureLife in their development journey, as we also continue to build a highly secure and functional industrial precinct,” Erskine said.
 
Dube Trade Port Special Economic Zone is home to 46 operational business enterprises, which have collectively created 10 803 jobs, as at March 2023. – SAnews.gov.za

 

GabiK
Fri, 10/06/2023 - 14:20

390 views
Read moreFuturelife invests R75m in Dube Trade Port SEZ facility
6 October 2023

Futurelife invests R75m to Dube TradePort SEZ facility

Location: News

Futurelife invests R75m to Dube TradePort SEZ facility

KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC, Siboniso Duma, says the investment in a new Futurelife manufacturing facility at the Dube Trade Port Special Economic Zone (SEZ) has created hope for a better future for the province.

Duma made the remarks during the launch of a R75 million investment by South African health foods manufacturer, Futurelife, which took occupation in a new manufacturing facility in Dube TradePort, located near the King Shaka International Airport. 

The modern factory is set to streamline Futurelife's production processes, enhancing the organisation's efficiency through the purchase of advanced machinery and equipment that will enable the factory to operate at international standards.  
 
Cutting the ribbon to officially mark the factory opening for business, Duma emphasised the important role that the factory will play in sustainable economic development in KwaZulu-Natal.

Duma said locating the business within the Dube Trade Port SEZ will ensure efficiencies in the operations while reducing the logistics costs.
 
Ahead of the COVID-19 lockdown, about 315 000 people were employed in manufacturing, representing just of 12% of total formal and informal employment. 

He said the plant is an integral part of the provincial industrial strategy which aims to stimulate the manufacturing industry in order to increase employment.

“This launch is a result of your ability to work together to master new state-of-the-art technologies and to do this all on schedule. If we are to realise the province’s full potential and discharge our shared commitment to create a better life for all South Africans, then increased investment in the province is of critical importance. 

“The fact that Futurelife already sources 87% of its raw materials locally, gives local producers an advantage of future upstream integration as Futurelife continues to pursue growth into regional and international markets," Duma said
 
Futurelife, which previously had its operations in Pinetown for 14 years, was fully acquired by food and beverage company, PepsiCo South Africa in 2023. 
 
Former Futurelife Managing Director and now PepsiCo South Africa’s Commercial Vice President Mark Bunn said the exceptional facility is a testament to the company’s commitment to transforming and improving South Africans' health and well-being. 

“The new factory embodies our dedication to contributing positively to the local community and ultimately the broader economy. The company has its origins in KwaZulu-Natal and has experienced significant growth and success within this region and, over time, in South Africa at large. 

“We are, therefore, unwavering in our commitment to giving back to the very community and economy that has played a pivotal role in our journey. Our dedication extends beyond business as usual; it's a pledge to support and enrich the local community and economy through our endeavours, ensuring a lasting positive impact for years to come,” Bunn said.
 
Bunn said the company currently has a staff complement of 186 and anticipates creating an additional 24 direct jobs in the next five years of its operations within the new facility.

He added that the company anticipates growing 30% of its business into export markets in Asia, Middle East, Europe, North America and the rest of the African continent.  
  
Dube Trade Port SEZ CEO, Hamish Erskine said the investment is significant for FutureLife, and serves as a notable endorsement for the SEZ, as an investment destination in South Africa. 

“As the Special Economic Zone operator, we welcome this investment and look forward to working with and supporting FutureLife in their development journey, as we also continue to build a highly secure and functional industrial precinct,” Erskine said.
 
Dube Trade Port Special Economic Zone is home to 46 operational business enterprises, which have collectively created 10 803 jobs, as at March 2023. – SAnews.gov.za

 

GabiK
Fri, 10/06/2023 - 14:20

96 views
Read moreFuturelife invests R75m to Dube TradePort SEZ facility
6 October 2023

The Importance of Kosher Certification in Today’s Food Industry

Location: MyPR

In a world where consumers have become increasingly conscious about what they eat, where it comes from, and how it’s prepared, kosher certification has emerged as a mark of trust and quality in the food industry. For many, kosher is more than just a dietary preference; check here it represents a commitment to higher standards …

Read moreThe Importance of Kosher Certification in Today’s Food Industry
6 October 2023

MEST Africa Challenge Startup Pitch Competition Deadline Extended

Location: News
The Meltwater Entrepreneurial School of Technology (MEST Africa)

MEST Africa (https://Meltwater.org/) has announced the extension of applications for the MEST Africa Challenge to ensure broader participation from across the continent. Early-stage technology startups operational in Ghana, Nigeria, Senegal, Kenya, and South Africa are invited to participate in the competition to showcase their innovative entrepreneurial businesses. Applications are still open and will be accepted until 16th October 2023.

The MEST Africa Challenge provides significant benefits to participating startups. The winner will secure a USD 50,000 equity investment, accelerating their business' growth. Furthermore, the winner and other exceptional participants will join MEST Africa's global network, opening doors to partnerships, mentorship, and investment opportunities. This platform equips startups to achieve the next level of growth and gain global recognition.

"The enthusiasm and interest we have seen from budding entrepreneurs and prospective applicants across Africa has been truly inspiring. Recognizing this, we have extended the application deadline for the MEST Africa Challenge.  This ensures that every innovative startup gets a fair chance to be a part of this transformative journey. We have seen the pivotal impact this challenge has had on past winners, and we are eager to discover the next game-changing startup that will redefine the African tech landscape" said Ashwin Ravichandran, Portfolio Advisor and MEST Africa Challenge Lead.

In 2022, Senegal's dynamic B2B e-commerce startup, Kwely, won the top spot at the MEST Africa Challenge. Over the years, this renowned competition has become a launchpad for standout startups from across the African continent. From Tanzania's Kilimo Fresh and Ghana's groundbreaking OZE to South Africa's tech innovator, Snode Technologies. Not to mention Kenya's Waya Waya and Nigeria's trailblazer Accounteer. The challenge continually showcases the vibrant entrepreneurial spirit of Africa.

Eligibility Criteria for MAC 2023:

- Monthly Recurring Revenue: $5k+

- Funding raised: Cumulative $1M or less

- Years of existence: 3 years and below

- Traction: At least 6 months of recurring revenue

- Founding team: At least 2 founding team members

- Registered in Delaware (This is preferred)

- Demonstrated traction in MAC Markets (Ghana, Kenya, Nigeria, South Africa, Senegal)

Don't miss out on this opportunity to showcase your startup and unlock its potential. Apply now https://apo-opa.info/3rL7v4H.

Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).

Media Contact:
Ophesmur Naa Adjeley Adjei
Ophesmur@meltwater.org

About MEST Africa:
MEST is an African-wide software and entrepreneurship training program, seed fund, and incubator helping to launch technology startups across the continent. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a 12-month program that provides critical skills training in software development, business, and communications to Africa's burgeoning tech talent. MEST provides seed funding for the best ideas coming out of the program and continues to support the growth and development of its portfolio companies.

To date, MEST has trained over 2000 entrepreneurs from across the continent and funded over 80 startups across industries from Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare amongst others. MEST is fully funded by the Meltwater Foundation, the non-profit arm of the Norwegian company Meltwater; a global leader in social and media intelligence headquartered in San Francisco.

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6 October 2023

The Evolution of Professional Call Handling in the Digital Age

Location: MyPR

In today’s fast-paced digital world, businesses are constantly seeking ways to streamline operations and improve customer interactions. One area that has seen significant evolution is the realm of call management. With the rise of remote work and the increasing need for efficient communication, having a reliable system in place is more crucial than ever.   …

Read moreThe Evolution of Professional Call Handling in the Digital Age
6 October 2023

Exploring Precious Item Buyers in South Africa

Location: MyPR

In the vast and diverse market of precious items, finding trustworthy buyers can be a challenge. Understanding the ins and outs of this business is essential for ensuring you get the best value for your precious items. Let’s delve into the world of precious item buyers and explore the various aspects of selling diamonds, luxury …

Read moreExploring Precious Item Buyers in South Africa
6 October 2023

University Drop-Out’s Huge Ideas Manufacture Waves In Tech Industry

Location: MyPR

Born and raised in Thembisa, Johannesburg, young Mongezi Masombuka (30) is the founder and Managing Director of a successful IT and business solutions company and is steadily making waves in the tech industry. Having only recently celebrated his 30th birthday, Masombuka has already conquered a myriad of challenges. Stopping at nothing, his passion for knowledge …

Read moreUniversity Drop-Out’s Huge Ideas Manufacture Waves In Tech Industry
5 October 2023

Still time to enter SEIFSA’s prestigious Awards for Excellence

Location: MyPR

Companies in the Metals and Engineering Sector that are keen to showcase their innovative solutions and gain industry acclaim still have time to enter the SEIFSA Awards for Excellence as entries close on October 20. The Awards, which are due to take place on November 17, give companies of all sizes an opportunity to step …

Read moreStill time to enter SEIFSA’s prestigious Awards for Excellence
5 October 2023

Western Cape municipality fails to keep its water clean

Location: News

Kannaland also does not conduct all the water tests it is supposed to

Read moreWestern Cape municipality fails to keep its water clean
5 October 2023

Power Players – Africa Tech Festival’s 2023 Headliner Line-up

Location: News
Africa Tech Festival

Africa has abundant economic potential and the enormous uptake of digital technology socially and in the business sector, has positioned the continent for explosive growth, but there are challenges that lie in wait.  Many of these will be spotlighted at the 2023 Africa Tech Festival (https://apo-opa.info/3myppVu) in Cape Town 13-16 November, along with innovative solutions all led by a line-up of headline speakers including several African government ministers.

“Businesses across Africa have benefitted enormously from leap-frogging traditional technology to the digital world and wireless connectivity, and this is spurring incredible growth across the continent,” says James Williams, Director, Events | Connecting Africa | Informa Tech. “The incredible advantages of digitalisation are, however, dependent on a plentiful and reliable source of power, and it's essential that the public sector has strong strategies in place to drive this growth.”

The tech world is driven by entrepreneurial innovators, but it relies heavily on the public sector to provide infrastructure, regulations and often funding to smooth the way for technological advancement, especially in terms of providing access and infrastructure for the public to access to engage with and benefit from the technology.

Among the 200-plus speakers, presenters and panellists will be Gwede Mantashe, Minister of Mineral Resources and Energy, whose input on how the South African government is tackling the critical issue of loadshedding will no doubt ensured a packed hall of delegates all hopeful of hearing positive news. The dynamic H.E. Dr. Kgosientsho Ramokgopa, South Africa's Minister in the Presidency responsible for electricity, will provide backup to the Minister in shining a light on the country's energy crisis.

Not to be missed, is the panel discussion ‘Universal Power Access: Plotting a Route Through Africa's Electricity Challenge', which puts the future of digital transformation squarely on the shoulders of electricity and citizens' access to energy.

In Africa, energy insecurity has been a chronic inhibitor of economic development for decades, and continues to cripple enterprise growth and innovation, and the panel will unpack why a staggering 30 of Africa's 54 nations face daily power shortages and supply interruptions, all of which play economic havoc with local business and consumer activity. It's important to understand how the collaboration of public and private funding is essential for striking the right balance between the two sectors to create the perfect solution to the crisis.

Also addressing delegates will be H.E. Ousmane Gaoual Diallo, the Republic of Guinea's Minister of Posts, Telecommunications and Digital Economy, as well as Namibia's Minister of Information and Communication Technology, H.E. Minister Dr Peya Mushelenga, and their Executive Director & Permanent Secretary in the Ministry of Information and Communication Technology, Dr Audrin Mathe.

Another key area of public sector engagement with the tech sector will be discussed in the keynote panel ‘Unleashing Digital Prosperity: How Progressive Policy is Shaping Africa's Tech Transformation'. This session will present African Ministers from across the continent with an opportunity to share how they are tailoring policy to their unique national environment and priorities, in addition to the need for a more continental, collaborative approach.

“The process of developing and implementing policy across myriad industries and sectors is, however, an inherently complex and lengthy process and relies heavily on industry consultation, sector-specific legislation and flexibility to evolve with rapidly changing sectors,” says Williams, highlighting the importance of the growing number of Ministerial delegations at Africa Tech Festival year on year. 

Among the high-level speakers sharing with delegates over the three days are:

  • Dion Jerling (Co-Founder, Connect Earth)
  • Richard Cazalet (Exec: Strategy and Transformation, Telkom SA)
  • Robert AOUAD (CEO, ISOCEL Telecom)
  • Russell Southwood (CEO, Balancing Act)
  • Vuyani Tati (Managing Partner, AfriTech Catalytic Growth Fund),
  • Jocelyn Nyaguse (Head of Marketing and Storytelling, Startupbootcamp AfriTech)
  • Calvin Govender (General Manager ICT Fixed Services, MTN)
  • Marjorie Saint-Lot (Country Manager, Ghana and the Ivory Coast, Uber)
  • Evan Jones (CEO, The Collective X)
  • Nfaly Sylla (Ministry of Posts, Telecommunications and Digital Economy, Republic of Guinea)
  • Kellie Murungi (Chief Investments Officer, East African Power)
  • John Davies (TMT Equity Research Analyst, EMEA, TMT, Bloomberg Intelligence) An expanded list of speakers is noted below).

Aside from presenting cutting-edge content and a speaker line-up of note, the Africa Tech Festival is also the meeting place of Africa's largest community of tech champions and offers this vibrant grouping the ideal space to connect and interact. However, just as these connections are so important for the industry, so is the connecting of 1.2-billion people across Africa's 54 unique nations, vital for the continent's growth, with cross-border connectivity a particular concern.

Continental broadband penetration is currently around 45%, but this varies dramatically across regions.  Connectivity is critical to the rapidly expanding SME business community, as well as for wider socioeconomic development needs.  Looking at this the fireside chat, ‘Connectivity Beyond Borders: Unlocking Universal Broadband Access in Africa', will explore how innovations in strategy and technology are aiming to ensure that no individual, business, or community is left behind in Africa's pursuit of universal broadband access.

While most of the discussions and presentations relate to most players in the industry, the event has been structured in such a way as to ensure that specialists are also able to sit in on the most relevant content to them, either by staying in one venue for a series of talks, or by exploring the ‘centre stages' in each of the exhibition halls in which masterclasses and presentations will take place.

Other major topics on offer this year include:

  • Connectivity for All: Addressing the Needs of Underserved Communities
  • Driving Innovation: Unravelling the Business Applications of 5G FWA in Africa
  • The Changing Role of Satellites to Leapfrog Africa Into an Era of Online Connectivity.

This year, the Africa Tech Festival will offer delegates several new features, along with six presentation stages and a staggering amount of content, while hundreds of exhibitors on the show floor will once again engage with the brightest tech gurus from around the continent and globally, who will all descend on the Cape Town International Convention Centre to discover the latest products and services and to connect with other tech professionals.

Williams shares that: “This year we have added a new interactive feature to the festival - a dedicated tech demo area that we are sure will draw crowds throughout the three days. It's a chance to engage with the cutting-edge innovations that Africa needs to know about… as well as some of the exciting innovations that Africa has to offer the world.”

For more information, please see website here: Africa Tech Festival 2023 - The Home of AfricaCom & AfricaTech (https://apo-opa.info/3myppVu)

View all ticket options for Africa Tech Festival, including start-up passes, here (https://apo-opa.info/3Q04o2r).

(Please note that all requests are adjudicated and there may be some delay before you hear back from us).

List of Speakers:

Dion JerlingCo-FounderConnect Earth (https://apo-opa.info/46gFyRs)

Richard CazaletExec: Strategy and TransformationTelkom SA (https://apo-opa.info/3ZFTeTq)

Miriam AltmanDirector: Altman Advisory & Professor of 4IR PracticeUniversity of Johannesburg (https://apo-opa.info/3F2uvzd)

Guy ZibiManaging DirectorXalam Analytics (https://apo-opa.info/46vWqE5)

Robert AOUADCEOISOCEL Telecom (https://apo-opa.info/48DshE8)

Ronan De RenesseSenior Research Director, Service Provider MarketsOmdia (https://apo-opa.info/3ZEV4nH)

Russell SouthwoodCEOBalancing Act (https://apo-opa.info/3Fad7bL)

Matt ReedChief Analyst, Service ProviderOmdia (https://apo-opa.info/3Q0SYLJ)

Vuyani TatiManaging PartnerAfriTech Catalytic Growth Fund (https://apo-opa.info/3Q2cdEx)

Jocelyn NyaguseHead of Marketing and StorytellingStartupbootcamp AfriTech (https://apo-opa.info/3Q38KWg)

Nathan-Ross AdamsData & Tech LawyerMichalsons (https://apo-opa.info/45l5JVP)

Paula GilbertEditorConnecting Africa (https://apo-opa.info/45nYfRL)

Matshepo SehlohoAssociate EditorConnecting Africa (https://apo-opa.info/45jiVKW)

Calvin GovenderGeneral Manager ICT Fixed ServicesMTN (https://apo-opa.info/46yJixt)

Marjorie Saint-LotCountry Manager for Uber Ghana and the Ivory CoastUber (https://apo-opa.info/45minno)

Joseph NdabaCEO of Mafikeng Digital Innovation Hub4IR Commissioner: Presidential Commission on the Fourth Industrial Commission (https://apo-opa.info/48IAhUv)

Marion BalandraFounder & CEOMeridian Remote Teams (https://apo-opa.info/3RHf8E3)

Evan JonesCEOThe Collective X (https://apo-opa.info/3RP8Dir)

Badi SudhakaranCo-FounderVALR.com (https://apo-opa.info/45iLiIU)

Nfaly SyllaChief of CabinetMinistry of Posts, Telecommunications and Digital Economy, Republic of Guinea (https://apo-opa.info/46yzZxs)

Mumbi Ndung'uChief Growth and OperationsPower Learn Project (https://apo-opa.info/48QSa3w)

Dr Cherise DunnCo-founder and COOSouth Africa Makes (https://apo-opa.info/46yrSks)

Judith GardinerVice President, Growth and Emerging MarketsEquinix (https://apo-opa.info/46jvC9O)

Robinson Tombari SibeMD/CEODigital Footprints (https://apo-opa.info/3Q3M4oW)

Bernard WanyamaPresident, Kampala ChapterISACA (https://apo-opa.info/3tgQSyh)

Ryan Van den BerghManaging Executive: Group Technology Strategy, Architecture, Spectrum & AssuranceVodacom (https://apo-opa.info/45l7DWt)

Andy HalsallCEOpoa! Internet (https://apo-opa.info/46ArUrZ)

Sabrine ChennaouiCo-FounderMONSAPO (https://apo-opa.info/3tjBYHA)

Pablo MlikotaSenior Vice President – International Mobility Servicese& GROUP (https://apo-opa.info/3ZEWvT7)

John DaviesTMT Equity Research Analyst, EMEA, TMTBloomberg Intelligence (https://apo-opa.info/3Q4dAmn)

Distributed by APO Group on behalf of Africa Tech Festival.

For media enquiries, interviews and/or images please contact: 
Kaz Henderson 
kaz@networxpr.co.za 
Call on +27 (0) 82 339 1199. 

Social Media Handles:
Facebook: @africatechfestival  
Twitter: @africatechfest
LinkedIn: https://apo-opa.info/3EcywR6

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Read morePower Players – Africa Tech Festival’s 2023 Headliner Line-up
5 October 2023

Gauteng police continue to manufacture inroads in dealing with counterfeit goods

Location: News

Gauteng police continue to make inroads in dealing with counterfeit goods

The police in Gauteng continue to make inroads in dealing with counterfeit goods and contraband.

On Wednesday, the police consisting of various units including Public Order Policing, Commercial Crime, Crime Intelligence, Crime Prevention in partnership with other law enforcement agencies such as Gauteng Traffic Police, Tshwane Metro Police Department, Wardens, Brand Protectors and Customs (SARS) conducted a search and seizure operation at Marabastad, in Pretoria, with the aim of addressing peddling and dealing of counterfeit and contraband goods.

Over the years, Marabastad has been a business district with a lot of consumers coming to buy clothing items and other goods however, a number of businesses allegedly owned by foreign nationals, are running illegal businesses of selling counterfeit goods.

To address this, the team seized clothing items and other goods with notable brands from both local and international to an estimated street value of about R13.7 million.

Three people were arrested for contravening the Immigration Act.

It is a criminal offence for a business to seek profit or use someone’s trademark without permission and the counterfeit goods Act 37 of 1997 prohibits such sales as this has a negative impact on the economy of the country.

“The police in Gauteng will continue unabated with these kind of operations to disrupt the counterfeit goods market,” the South African Police Service said in a statement.

The community is urged not to buy counterfeit goods and to report any criminal activities to their nearest police station or by calling Crime Stop on 08600 10111. Anonymous tip-offs can be directed to MySAPS App. Tipsters may opt to remain anonymous. – SAnews.gov.za

Edwin
Thu, 10/05/2023 - 10:02

161 views
Read moreGauteng police continue to manufacture inroads in dealing with counterfeit goods
5 October 2023

Western Cape Premier set to open pan-African clean tech pitch event at Green Energy Africa Summit

Location: News
Green Energy Africa Summit

On 11 October 2023, the Premier of the Western Cape, Alan Winde, will provide the opening remarks at Green Energy Africa Summit's (https://GreenEnergyAfricaSummit.com/) high-octane deal pitching platform, the Energy Investment Village.

A selection of ten African clean-tech start-ups will pitch their clean-tech solutions before a panel of judges and a room full of potential international investors on day 2 of the highly anticipated Green Energy Africa Summit. The Premier's presence at the Energy Investment Village signals the growing interest in - and serious consideration of - African clean-tech start-ups as viable clean energy investment assets.

This is the second year that Green Energy Africa Summit (https://apo-opa.info/3PLZHI8) has hosted the Energy Investment Village. The initiative was developed in partnership with Freeport Saldanha's Innovation Campus (https://www.InnovationCampus.co.za/) and advisory firm, the Research Institute for Innovation and Sustainability (RIIS) (https://EnablingInnovation.Africa/) and Anza Capital (https://Anza.holdings/), an early-stage tech start-up investment company. The Energy Investment Village is supported by Africa Scotland Business Network, JSE, Oceanhub-Africa, Savant, Firecracker, CHIETA, and Sasol.

The Green Energy Africa Summit itself provides an important role in enabling international investors to originate projects that will reduce the energy deficit whilst also contributing to developing low-carbon pathways. The Energy Investment Village is the action-based aspect of the Summit, providing a key moment for African clean energy projects and international investors to have direct sight of one another.  

According to a report by the International Energy Agency, African energy investment needs to double to over USD 200 billion per year by 2030, for the continent to meet its energy-related development goals. However, emerging and developing economies (except for China) remain stuck at 2015 levels, with no increase since the Paris Agreement was reached. 

Premier Winde says, “Our energy demands are currently outstripping supply. When ramping up capacity, clean energy solutions must be a priority. This is particularly important for South Africa if we are to reach our goal of net zero emissions by 2050, to which we've committed in our Low-Emission Development Strategy as part of the UNDP Climate Promise, and the Western Cape Government is committed to supporting. Initiatives such as the Green Energy Africa Summit's Energy Investment Village are excellent vehicles to enable clean energy innovation to flourish. As the Western Cape Government, we are investing heavily in making our province energy resilient. This involves striking a balance between driving economic growth while at the same time developing and harnessing renewable energy solutions.”

As well as finding potential investor-start-up linkages and synergies, the competing start-ups can win valuable prizes provided by the Energy Investment Village sponsors. This includes capacity-enhancing programmes such as:

  • Pitch preparation training programme sponsored by CHIETA (for all finalists);
  • JSE's Enterprise Acceleration Programme;
  • Build Acceleration Programme 2024 by Savant;
  • Enterprise Supplier Development Programme by Sasol; and
  • a half day brand workshop valued at R25k by Firecracker Events and Marketing.

Additionally, up to R5 million in VC funding (dependent on terms & conditions and company audit) will be made available by Anza Capital, and corporate membership to an international network worth R9k will be given to the top start-up by Africa Scotland Business Network. A cash prize of R100k from Sasol for a selected start-up.

Energy Investment Village finalists for 2023

  • Therm, pioneers in sustainable heating solutions, utilizing innovative technologies for efficient energy consumption. 
  • AET Africa, providers of renewable energy systems, specialising in solar and wind power generation across the African continent.
  • Ceneco Green Power, developers of environmentally friendly power plants focused on reducing carbon emissions.
  • Energy Cubes, innovators in energy storage, offering scalable and cost-effective solutions for optimising power distribution.
  • Powerstove, providers of clean cooking solutions in the form of efficient and clean-burning stoves for households and communities.
  • Revive Earth, turning organic waste into renewable resources while mitigating environmental impact.  
  • Green Share, providers of a decentralised energy management system, enabling communities to generate, store, and share renewable energy.
  • Think Bikes, providing sustainable urban transportation through the design and manufacture of electric bicycles for eco-conscious commuters.
  • Flx, offering cutting-edge electric vehicles with a focus on performance, affordability, and sustainability.
  • Impact-free Water, providers of sustainable solutions for clean and accessible water in resource-challenged regions.

Find out more about attending Green Energy Africa Summit and take part in the excitement as the Energy Investment Village finalists battle it out for pole position: https://apo-opa.info/3Q6u6Cp

Distributed by APO Group on behalf of Green Energy Africa Summit.

Media Contact:
Amie Sparrow
PR Manager
amie.sparrow@hyve.group

About Green Energy Africa Summit:
The Green Energy Africa Summit is a high-level gathering advocating for policy reforms and the harmonisation of Africa's natural resources, to help pave the way for a just energy transition to ensure Africa remains competitive and attractive to global finance. The Green Energy Africa Summit takes place in the heart of Cape Town at the Cape Town International Convention Centre 2 (CTICC2) from 10-11 October 2023.

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4 October 2023

Empowering the Future with Bluetti Power Stations from EvoGames

Location: MyPR

As the world shifts towards sustainable energy solutions, power stations have become a cornerstone of this transition. Among the brands making significant strides in this arena is Bluetti. And for those in South Africa seeking the best in the business, EvoGames is the premier distributor.   Why Bluetti Power Stations from EvoGames? Bluetti Power Stations …

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4 October 2023

Navigating the Digital Landscape with TopClicks SEO Services

Location: MyPR

In the digital age, visibility is the key to success. As businesses scramble to make their mark online, Search Engine Optimization (SEO) has emerged as the linchpin of digital marketing. Leading the pack in this domain is TopClick, a name synonymous with excellence in SEO.   Why Choose TopClick for SEO Services? TopClick’s SEO Services …

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4 October 2023

Sigma Connected donation boosts Western Cape baby support centre

Location: MyPR

A specialist home which provides temporary safety care for orphaned and relinquished babies has benefited from a kind-hearted donation from a local business. Tiny Owls Baby Home in Durbanville, has been boosted by a R20,000 donation from business outsourcing company, Sigma Connected. The funding from Sigma Connected, which offers contact centre services from its offices …

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4 October 2023

Extortion rings prey on poor communities

Location: News

An owner of a fruit and vegetable stall in Philippi says he must pay a gang R500 a month not to rob him

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4 October 2023

Without Ma Rosey, these children would get nothing all day but sugar water

Location: News

Mthatha mother battles to feed the children who come to her day care centre

Read moreWithout Ma Rosey, these children would get nothing all day but sugar water
4 October 2023

Investment pledge creates 3000 jobs

Location: News

Investment pledge creates 3000 jobs

The roll out of the investment of R500 million pledged by SA Taxi at the fifth South African Investment Conference hosted by President Cyril Ramaphosa in Johannesburg in April this year is gaining momentum and has already created more than 3 000 jobs.

The investment was announced as one of the pledges worth billions of rands that contributed to bringing the total value of investment pledges over a five-year investment mobilisation period to R1.51 trillion, thereby exceeding the initial target of R1.2 trillion set by President Ramaphosa.

Chief Government and Industry Officer at SA Taxi Holdings, Matsidikanye Moswane, said more than R350 million of the funding that was provided by the developmental credit provider, Transflow, has already been spent.

“The investment is being used to enable financial inclusion by extending developmental credit to small and medium enterprises (SMEs) that may otherwise not have access to credit from traditional financiers,” Moswane said.

“By providing debt funding through Transflow, the Development Bank of Southern Africa (DBSA) is empowering under-serviced and emerging SMEs to build their businesses, which in turn creates further direct and indirect employment opportunities. To date this has helped create 1 620 direct jobs and 2 700 indirect jobs,” he said.

Moswane said the SA Taxi, whose headquarters are based in Midrand, Gauteng, but has a national customer base, finances entrepreneurs who operate minibus taxis that may not otherwise have access to credit from traditional banks, contributing to job creation, and enabling and improving the safety of public transport in South Africa.

“SA Taxi is an independently owned commercial business. It is the first financial service provider to focus solely on the taxi industry. We make a vital contribution to a market sector that has a stimulating effect on the national economy at many different levels.

“Each taxi creates 1.8 new jobs related to the industry. We focus exclusively on building entrepreneurs through the medium of the taxi industry which comprises an estimated 250 000 taxis that are on the roads in South Africa,” Moswane said.

He said SA Taxi has to source the money it lends to its clients from foreign and domestic direct investment. – SAnews.gov.za 

 

Edwin
Wed, 10/04/2023 - 10:09

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2 October 2023

What Are the Methods of Property Valuation in South Africa

Location: MyPR

Introduction Property valuation plays a crucial role in the real estate industry. It is the process of determining the economic value of a real estate property. Whether you’re buying a new home, selling an investment property, or even insuring your property, a proper valuation can help you make informed decisions and ensure you’re getting the …

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2 October 2023

Western Cape launches innovative Export Certificate Office Scheme (ECOS)

Location: News

Republic Of South Africa: Western Cape Provincial Government
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The Western Cape Department of Agriculture's Veterinary Services recently launched its innovative Export Certificate Office System (ECOS). The launch coincided with the Western Cape's inaugural Veterinary Week, which focused on state veterinary services' role in the agriculture sector. One such role is export facilitation.

Dr Vincent Henwood, Western Cape Department Head of the Veterinary Export Certification Office, explained that ECOS is an online electronic system which seeks to ensure compliance in South Africa's food and animal products industry.

Dr Henwood said, “The platform provides permit templates aligned with importing countries' import permits, streamlining the export process, and ensuring compliance with international standards. ECOS enables tracking of products, including animal-derived ones, back to their source farms, thus ensuring transparency throughout the supply chain.”

Speaking at the launch, the Western Cape Minister of Agriculture, Dr Ivan Meyer, welcomed ECOS as an innovative platform which focused on improving the Western Cape Government's services to our customers.

Minister Meyer said, “ECOS provides the customer with a 24-hour export facilitation service which reduces the export certificate application process from days to minutes. The Western Cape currently exports 55% of South Africa's primary agricultural products. ECOS will also assist in increasing these exports to at least 60%. Exports contribute to foreign exchange earnings and a 5% increase in exports will lead to approximately 22 000 new jobs in the sector.”

“Due to the location and history of South Africa, we have an extremely diverse set of products, factories, and processes.  We also have a complex food and export legislative system with different authorities (6 religious, state, and authorised signatories). This creates the possibility for synergies between authorities as they are often working on similar products and in the same locations,” continued Minister Meyer. 

“In light of our endemic diseases, our rich diversity of wildlife, and our animal health system we need to have a systems approach to disease (human and animal) risk mitigation and international trade in animal products. Due to the many role-players communication and coordination is key. This is challenging in a resource-constrained environment. ECOS can help to coordinate communication and increase cooperation at food processing establishments between authorities,” added Minister Meyer.

Heidi Fourie from La Montanara (Pty) Ltd, a cheese factory in Ashton, has already been using the ECOS.

Heidi Fourie said,” As a small dairy business we do not have time to struggle to complete the significant paperwork that accompanies an export certificate application. The wait often negatively impacts product shelf life and quality. ECOS has changed this. While uploading my company's profile onto the ECOS platform was initially time-consuming, it now takes approximately five minutes to get an export certificate approved.”

Minister Meyer remarked: “We appreciate the feedback from our clients in the Western Cape, which has been invaluable in refining ECOS. Their feedback and support are crucial as we work together to revolutionize compliance, traceability, and export control in South Africa's food and animal products industry.”

Commenting on the future of ECOS, Minister Meyer said that with the support of the National Department of Agriculture, Land Reform and Rural Development, ECOS should and could be rolled out nationally.

Minister Meyer said, “This will create a comprehensive system that ensures the traceability and compliance of all relevant products on a national scale. It will also greatly enhance the smooth movement of products and reduce the administrative burden and access to veterinary certification to rural producers.”

This year's Veterinary Week ended with a visit to the Department's Veterinary Export Certification Office in Milnerton and the Spar, one of the Veterinary Export Certification Office's biggest clients, Western Cape Distribution Centre in Philippi.

Distributed by APO Group on behalf of Republic Of South Africa: Western Cape Provincial Government.

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2 October 2023

Practical partnerships forged for growth and jobs – President Ramaphosa 

Location: News

Practical partnerships forged for growth and jobs – President Ramaphosa 

In his weekly newsletter to the nation, President Cyril Ramaphosa says government is forging practical partnerships for growth and job creation.

The President highlighted that he recently met with business leaders and the leadership of the country’s four labour federations respectively, where they agreed to work more closely to address the immediate challenges that confront South Africa’s economy.

“These efforts are important because an economy that is growing slowly cannot create enough jobs. It can also not generate enough revenue for government to fully implement the programmes needed to improve people’s lives.

“The fact that the country’s debt service costs are the fastest growing budget item means that spending on education, health, social protection and infrastructure come under even greater pressure. 

“We are acting with increased focus and effort to remove the most immediate constraints on growth and doing so together with our social partners,” the President said. 

President Ramaphosa said that the economy is now larger than it was before the pandemic and the two million jobs that were lost have largely been recovered. 

Yet, he said, the combination of global economic instability and the effects of the electricity crisis have meant that the economy continues to grow too slowly and is unable to create jobs at the pace needed. 

While government has done much to implement the Economic Reconstruction and Recovery Plan, which was launched in October 2020, the President said that they have always maintained that the success of its efforts would depend on greater partnership across society.

“Our collaboration with business, for example, has moved far beyond discussions. Since June this year, government has been working closely with Business for South Africa on critical actions to address the key challenges of energy, logistics, and crime and corruption,” he said. 

The President highlighted that last week’s meeting confirmed that good traction has been achieved in these areas, most notably in the work being done by the National Energy Crisis Committee (NECOM) to end load shedding and achieve energy security.

He further highlighted that a good example of the work being done is the mobilisation by business of additional capacity and skills to support the recovery of Eskom’s power plants. 

This includes the deployment of technical support teams to five power stations, Kendal, Kriel, Majuba, Matla and Tutuka, and experts to help speed up the repair of units at Kusile power station that were damaged in November last year. This weekend, he said, Kusile unit 3 was returned to service two months earlier than planned. 

“Full implementation of the plan to improve the performance of Eskom’s existing power stations, add new generation capacity and reform the energy sector is expected to result in over 12 000 megawatts of generation capacity being recovered or added to the system by the end of 2024,” the President said. 

Turning to the freight rail network, President Ramaphosa said work is underway to improve the operational performance of the bulk freight rail network and port system through the National Logistics Crisis Committee (NLCC). 

“Corridor recovery teams have been established for five strategic rail corridors, comprising Transnet executives, industry representatives and independent experts. They are working to urgently increase the volume of freight traffic on our rail lines,” he said. 

Through this collaboration, the President said, business is working with government to build capacity within the National Prosecuting Authority and the Hawks, along with the modernisation of the 10111 emergency response centre and collaboration between industry and the South African Police Service to address crimes targeting infrastructure. 

The President said that this work is being made possible by the willingness and determination of all social partners to collaborate on practical actions that make a measurable difference in the performance of the economy. 

“While these partnerships may take different forms and may be at different stages of advancement, both business and labour have shown their commitment to work with government to address these challenges. 

“It is this kind of cooperation in action, even more so than negotiated agreements, that gives meaning to the concept of a social compact that is based on achievable outcomes.

“Yet, while we have together identified key milestones and timeframes, the success of all these efforts will ultimately be measured by their impact on the lives of the South African people,” the President said. 

From the progress that has been made to date, President Ramaphosa said he is certain that “this is a task at which we will together succeed”. – SAnews.gov.za

DikelediM
Mon, 10/02/2023 - 10:21

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2 October 2023

RAPT Creative: Adland newcomer proves its mettle, again

Location: MyPR

RAPT Creative, the agency that opened its doors with three employees just months before the global Covid-19 lockdowns yet emerged from the pandemic years having added international brands like Sol, Miller, Fox, Strongbow, Ballentine’s and Windhoek to its stable and over 100 people to its staff complement, has proven its mettle – again. This achievement, …

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2 October 2023

What Does a Business Valuer Carry out

Location: MyPR

In the intricate world of business, understanding the worth of a company is paramount. Whether you’re considering selling, seeking investment, or merely wanting to understand your company’s position in the market, a business valuer plays a pivotal role. But what exactly does this profession entail?   The Role of a Business Valuer At its core, …

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