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You are here: Home / Archives for business

business

15 April 2025

Nigeria Strengthens Trade and Investment Ties with the UK During the Commonwealth Trade and Investment Summit

Location: News
Invest Africa

Nigeria's Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, successfully concluded a series of high-level engagements in London, reinforcing Nigeria's commitment to fostering trade and investment partnerships with the UK. The visit, anchored around the Commonwealth Trade and Investment Summit held on 7-8 April, provided a vital platform to showcase Nigeria's strategic economic priorities and attract investment into key sectors.

During her visit, Dr. Oduwole participated in two exclusive events hosted by Invest Africa, engaging with top-tier stakeholders, business leaders, and investors. These engagements underscored Nigeria's dedication to economic diversification, investment mobilisation, and strengthening the London-Lagos investment corridor.

On 8 April, the Minister delivered a keynote address at an Invest Africa-hosted roundtable, where she outlined Nigeria's investment potential and strategic trade policies. The discussion focused on boosting non-oil sectors, promoting ease of doing business, and enhancing UK-Nigeria commercial ties. Senior executives from the UK business and investor community engaged directly with the Minister, fostering dialogue on new investment opportunities and partnerships that will contribute to Nigeria's long-term development goals.

Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, stated: “Nigeria is open for business, and we are committed to creating an environment that fosters investment, innovation, and economic growth. Our engagements in London demonstrate our dedication to strengthening trade ties, supporting local and foreign investors, and ensuring that Nigeria remains a prime investment destination. The opportunities in Nigeria, particularly in non-oil sectors, are immense, and we invite investors to be part of this journey towards sustainable development.”

Additionally, the Minister participated in an exclusive event co-hosted by Invest Africa in partnership with Lagos Free Zone (LFZ). This strategic engagement positioned LFZ as a premier investment hub within Nigeria's manufacturing sector, showcasing its potential to attract global investors and support the country's industrialisation agenda. The event featured a presentation by Lagos Free Zone MD & CEO, Adesuwa Ladoja, and a dynamic panel discussion exploring Nigeria's industrial landscape and how LFZ can support UK businesses keen on exploring pathways for sustainable growth in Nigeria.

Karen Taylor, Chair of Invest Africa, commented: “Invest Africa is proud to facilitate meaningful engagement between Nigerian leaders and the UK business community. The Minister's participation in our events underscores Nigeria's strategic importance as a trade and investment partner. We look forward to continuing to support initiatives that drive economic collaboration and unlock new business opportunities.”

Adesuwa Ladoja, MD & CEO of Lagos Free Zone, remarked: “The Lagos Free Zone represents a game-changer for Nigeria's manufacturing and industrial sectors, offering world-class infrastructure and seamless business operations. This event provided a crucial platform to showcase how strategic investments in LFZ can unlock deeper penetration into the Nigerian market for UK businesses and drive Nigeria's industrialisation. We are excited about the opportunities that lie ahead and look forward to welcoming global investors.”

Dr. Oduwole's engagements in London aligned with Nigeria's four key strategic pillars: investment mobilisation, trade revenue growth, economic diversification, and strategic communications. Through these discussions, the Minister reinforced Nigeria's proactive approach to fostering international trade relations, unlocking new business opportunities, and strengthening economic ties between Nigeria and the UK.

As Nigeria continues its journey toward sustainable economic transformation, the Ministry of Industry, Trade, and Investment remains committed to advancing strategic partnerships and positioning Nigeria as a top-tier investment destination on the global stage.

Distributed by APO Group on behalf of Invest Africa.

Media Contact:
Invest Africa
Email: pippa.vanbreda@investafrica.com 
Websites: www.Invest Africa.com and www.LagosFreeZone.com

About Invest Africa: 
Invest Africa is a leading business and investment platform with over sixty years of expertise in Africa, dedicated to connecting businesses with unique opportunities across the continent. Their global network comprises more than 400 member companies, including multinationals, private equity firms, institutional investors, development finance institutions, professional service providers, government bodies, and entrepreneurs. With chapters in Kenya, South Africa, the UAE, the UK, and the US, Invest Africa leverages their global reach, market intelligence, and extensive network to support and connect businesses. As a trusted gateway into Africa, they drive socio-economic growth by facilitating sustainable capital flows and providing strategic insights through our membership, consultancy services, and dynamic events programme.

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Read moreNigeria Strengthens Trade and Investment Ties with the UK During the Commonwealth Trade and Investment Summit
15 April 2025

Eskom, Exxaro sign agreement to reduce carbon emissions

Location: News

Eskom, Exxaro sign agreement to reduce carbon emissions

Exxaro Resources and Eskom have signed a Memorandum of Understanding (MoU) to collaborate on strategic initiatives, research, and projects aimed at reducing carbon emissions, improving air quality and facilitating the Just Transition.

According to a joint statement, this move is consistent with South Africa’s commitment to achieving the goals of the Paris Agreement, international environmental standards, and national regulatory frameworks.

“The agreement focuses on jointly measuring, managing, and reducing Scope 1, 2, and 3 emissions and potentially investing in innovative technologies to drive decarbonisation. 

“It also emphasises inclusive and focused transition initiatives such as skills development, job creation in green sectors, and stakeholder engagement to ensure climate resilience,” the statement read. 

In addition, the MoU, which was signed on Monday, includes provisions for data sharing and transparent reporting to track progress and ensure accountability.

Exxaro Resources CEO, Ben Magara, believes that this collaboration marks a significant step forward in the company’s commitment to enabling a Just Transition and building a climate-resilient and low-carbon future. 

“By leveraging our deep experience in the diversified mining and energy solutions sectors, we aim to drive innovation that not only decarbonises and reduces air pollution in our operations but also delivers meaningful socio-economic benefits for the communities we serve.

“The collaboration with Eskom is important as we work to accelerate practical and scalable solutions that support South Africa’s energy security and environmental ambitions as part of our purpose of Powering Better lives in Africa and beyond,” Magara said. 

Exxaro is a South Africa-based diversified resources company with a coal business and acquisitive growth prospects in minerals and energy. 

The company stated that the initial focus of the collaboration will be to identify the necessary investments and stakeholders required to develop technology-based solutions for the challenges associated with the transition to a low-carbon economy. 
This effort will align with the country’s Integrated Resource Plan (IRP).

Eskom Group Chief Executive Dan Marokane said both organisations are committed to driving the transition to a more sustainable energy future while ensuring the country’s electricity supply remains secure. 

“This initiative forms part of Eskom’s focus both in this country and internationally to identify the latest developments and strategies to reduce carbon emissions and other air pollutants,” Marokane added. 

Meanwhile, Exxaro stated that it remains steadfast in advancing its Sustainable Growth and Impact strategy by embedding key Environmental, Social, and Governance (ESG) priorities into its operations. 

The company is of the view that through partnerships such as this one, it is well-positioned to become carbon-neutral by 2050.
Meanwhile, Eskom’s Research, Testing & Development (RT&D) business unit will lead this partnership. 

The RT&D is dedicated to finding technology solutions that can be applied primarily within the company to embrace innovation, enhance efficiency and improve operations, improvements related to emissions management, and greenhouse gas (GHG) abatement.

“Eskom remains focused on a balanced and diversified energy mix based on existing coal and nuclear and introducing gas for baseload power, as well as renewables, energy storage systems including battery energy storage systems and pumped hydro, to achieve overall security of supply and to meet South Africa’s growing electricity demand sustainably,” said the power utility. – SAnews.gov.za
 

 

Gabisile
Tue, 04/15/2025 - 11:18

111 views

Read moreEskom, Exxaro sign agreement to reduce carbon emissions
14 April 2025

Vuyani Jarana appointed as G20 start-up engagement group

Location: News

Vuyani Jarana appointed as G20 start-up engagement group

The Minister of Small Business Development, Stella Tembisa Ndabeni, has announced the appointment of Vuyani Jarana as Chairperson for the Startup20 Engagement Group for South Africa’s Group of Twenty (G20) Presidency.

In a statement on Monday, the Department of Small Business Development (DSBD) said it has been entrusted with leading South Africa’s Startup20 Engagement Group, one of the officially recognised G20 Engagement Groups.

As Chairperson, Jarana will lead Startup20’s strategic direction, appoint task force chairs, coordinate high-level meetings and events, and guide the development of the Startup20 Policy Communiqué, which will contribute to the official G20 Leaders’ Declaration.

The Minister also appointed 22 On Sloane as the Secretariat of the Startup20 Engagement Group for South Africa’s G20 Presidency. 

Startup20 advocates for startups and micro, small, and medium enterprises (MSMEs) at the G20 level, developing policy recommendations to advance the global startup ecosystem and foster inclusive innovation.

“To support this effort, 22 On Sloane has been appointed as the Country Secretariat for Startup20 during South Africa’s G20 Presidency. Twenty-two (22) On Sloane is Africa’s largest startup campus, playing a pivotal role in advancing the startup and MSME ecosystem across the continent. 

“Twenty-two (22) On Sloane serves as headquarters for the Global Entrepreneurship Network (GEN) Africa, which is represented in 43 African countries, and as the country headquarters of GEN Global which has a presence in 180 countries globally aimed at supporting entrepreneurs to start and scale,” the department said.

As Secretariat, 22 On Sloane will support Jarana to coordinate and manage all Startup20 activities in South Africa, including stakeholder engagements, task force operations, international collaboration efforts, policy drafting, and logistical delivery of the Startup20 agenda. 

The organisation will also facilitate multi-stakeholder dialogues and policy consultations to ensure that Africa’s entrepreneurial voice is firmly embedded in the ensuing global conversations.

According to the department, Jarana brings a wealth of experience to this crucial role, with more than 25 years of leadership in the Information and Communications Technology (ICT) sector. 

A seasoned business transformation leader, Jarana previously served as Group Chief Operating Officer and Chief Executive Officer of Vodacom Business within the Vodacom Group. 

He also held the role of Chief Executive Officer of South African Airways, where he spearheaded critical restructuring efforts.

Currently he is the Founder and CEO of Ilitha Telecommunications, a company dedicated to delivering superfast, affordable broadband to underserved peri-urban and rural communities. 

He also serves as Chairperson of the Council for Scientific and Industrial Research (CSIR), a key institution driving South Africa’s scientific, industrial, and technological innovation agenda.

“His extensive experience and expertise will be invaluable in driving our efforts to promote entrepreneurship and innovation in Africa. He is a respected and seasoned business leader whom I am confident will lead the Startup20 Engagement Group with dedication and focus, ensuring that this serves as a legacy for our country and the ecosystem,” the Minister said.

The G20 is an international forum of both developing and developed countries, which seeks to find solutions to global economic and financial issues. 

South Africa’s G20 Presidency commenced on 1 December 2024 and will run until 30 November 2025. It is taking place under the theme: “Solidarity, Equality, and Sustainability.” - SAnews.gov.za

nosihle
Mon, 04/14/2025 - 15:03
57 views

Read moreVuyani Jarana appointed as G20 start-up engagement group
14 April 2025

Establishment of Eskom’s renewable energy business unit welcomed

Location: News

Establishment of Eskom’s renewable energy business unit welcomed

The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has welcomed Eskom’s recent issuance of a tender to establish a separate renewable energy business unit. 

“This significant step reflects Eskom’s dedication to accelerating renewable energy deployment and supporting South Africa’s transition to a cleaner, more sustainable energy future, consistent with the nation’s Just Energy Transition (JET) objectives and commitments under the Paris Agreement,” the Minister said on Monday.

On 31 March 2025, the Minister granted conditional emissions exemptions to Eskom’s coal-fired power stations, underscoring the urgent need for prioritisation of renewable energy integration. 

“The establishment of this independent subsidiary, structured to operate with agility and encourage public-private partnerships, directly addresses those conditions.

“It positions Eskom to capitalise on South Africa’s abundant solar and wind resources, enhance competitiveness, and secure green financing, while contributing to improved air quality and reduced carbon emissions,” George said.

He acknowledged Eskom’s proactive approach and called for a transparent, competitive, and inclusive tender process that fosters opportunities for local and international expertise. 

The Department of Forestry, Fisheries and the Environment will closely monitor the initiative’s progress to ensure alignment with South Africa’s Nationally Determined Contributions (NDCs), the 2050 net-zero emissions target, as well as the stringent conditions imposed on Eskom on 31 March 2025 that support compliance with the Minimum Emissions Standards (MES).

The Minister further encouraged Independent Power Producers (IPPs) and the private sector to actively participate, driving innovation and investment to bolster renewable energy capacity. 

“Through collective effort, South Africa can build a resilient, inclusive, and environmentally sustainable energy sector that upholds the constitutional mandate to protect the health and well-being of all its citizens,” he said. - SAnews.gov.za

 

nosihle
Mon, 04/14/2025 - 11:28
63 views

Read moreEstablishment of Eskom’s renewable energy business unit welcomed
14 April 2025

Solar Manufacturer ARTsolar Gagged a Reporter. So We Asked the Owner Some Tough Questions

Location: News

Solar panel company ARTsolar has been in the news for obtaining a gag order against a journalist and whistleblowers. ARTsolar, a Durban-based company, has been in the news for the past few weeks because it obtained a gag order against journalist Bongani Hans and three whistleblowers. See: The company’s website states: “As a local manufacturer …

Read moreSolar Manufacturer ARTsolar Gagged a Reporter. So We Asked the Owner Some Tough Questions
13 April 2025

Small business urged to apply for tourism opportunities

Location: News

Small business urged to apply for tourism opportunities

Small businesses have been encouraged to apply for opportunities provided by the Department of Tourism.

“The Department of Tourism is dedicated to creating an inclusive, sustainable, and resilient tourism economy. We have a variety of programmes with the specific aim of promoting tourism, alleviating poverty and creating jobs,” Tourism Deputy Minister Maggie Sotyu said.

Addressing a stakeholder engagement at the Fezile Dabi District Municipality in the Free State, the Deputy Minister said small businesses face challenges that threaten their survival and growth. 

These include limited access to funding and financial support, skills gap in business management and digital transformation, market access and a lack of exposure to international tourists.

“As the government, our role is to enable and empower small, medium, and micro enterprises (SMMEs) to overcome these barriers and it is our duty to maximise every opportunity to empower these enterprises.

“Embracing sustainable tourism by black-owned enterprises is not just about being part of a global trend, but is a necessity for resilience, competitiveness and profitability,” the Deputy Minister said on Friday.

The department’s Market Access Support Programme offers financial support to small tourism enterprises to exhibit at tourism platforms.

“I want to urge you to visit the Department of Tourism website at www.tourism.gov.za and look at this Market Access Support Incentive Programme. 

“This week we are assisting 49 tourism SMMEs [small, medium, and micro enterprises] to promote their services at the World Travel Market Africa in Cape Town. We also want to encourage you to apply for our Green Tourism Incentive Programme which offers a win-win solution to tourism establishments and our greening objectives,” the Deputy Minister said.

The Green Tourism Incentive Programme is a resource efficiency programme which aims to support tourism enterprises to reduce the cost of investing in energy and water efficient solutions. 

“This incentive can greatly assist a tourism establishment to reduce their electricity and water bills in the long term. The department also established a Tourism Transformation Fund and Tourism Equity Fund to support the transformation efforts in the sector. 

“The Transformation Fund offers a combination of debt finance and grant funding for new and expansion tourism development projects with majority black shareholding,” she said.

For tourist guides, the department has a number of programmes including language training. 

“We recently advertised for youth to apply for tourist guide training in Vredefort Dome and we are currently conducting tourist guide training in Golden Gate National Park. 

“For youth in tourism, the department offers annually a bursary programme and learnership programmes, focusing on professional cooking, wine appreciation and hospitality, targeting youth with a specific interest in tourism,” said the Deputy Minister. -SAnews.gov.za
 

nosihle
Sun, 04/13/2025 - 11:37

70 views

Read moreSmall business urged to apply for tourism opportunities
13 April 2025

Government reiterates commitment to water security

Location: News

Government reiterates commitment to water security

The Deputy Minister of Water and Sanitation, David Mahlobo, has reaffirmed government's commitment to ensuring water security for all South Africans through innovative partnerships and transformative solutions.

“Water is the lifeblood of our nation's development. By combining government's resources with the innovation and expertise of the private sector, particularly through organisations like the Black Business Council in the Built Environment (BBCBE) that champion transformation, we can overcome our water challenges and build a resilient future for all South Africans,” the Deputy Minister said on Friday.

He was addressing the BBCBE Built Environment Indaba at the Gallagher Convention Centre in Midrand, which was taking place under theme: "Built Environment Partnering with Our Government to Deliver Infrastructure Projects through Innovative Funding and Delivery Models.”

The Deputy Minister urged the built environment sector to leverage its expertise and global networks to drive innovation, mentorship, and investment. 

“Water challenges as experienced in most parts of the country require bold and collaborative solutions from all of us. Together, we can harness technology, finance, and partnerships to achieve Sustainable Development Goal (SDG) 6 on clean water and sanitation for all,” he said.

This as the Department of Water and Sanitation remains steadfast in its mission to secure South Africa’s water future. 

Mahlobo’s address underscored the need for unity across government, the private sector, academia, and civil society to transform challenges into opportunities for sustainable growth. -SAnews.gov.za
 

 

nosihle
Sun, 04/13/2025 - 10:03
66 views

Read moreGovernment reiterates commitment to water security
13 April 2025

Consumer Commission and PSETA partnership set to enhance skills development

Location: News

Consumer Commission and PSETA partnership set to enhance skills development

The National Consumer Commission (NCC) and the Public Service Sector Education and Training Authority (PSETA) have entered into a strategic partnership to collaborate on skills development and research on emerging issues.

This was done through a five-year Memorandum of Understanding (MoU). 

“As part of the MoU, PSETA can place its graduates at the NCC, significantly contributing to the NCC's work. In turn, through its internship programme, which these graduates will join, the NCC will help ensure that the programme aligns with the skills demanded by the workplace. This will ensure that the graduates are well-trained and ready for the industry by the end of their training,” a joint statement by the NCC and PSETA said on Saturday.

PSETA’s focus is primarily on transversal skills within the Public Service sector. These skills, dubbed the ‘business of government’, include administration, management, planning, legislation and policy development.
They form the focus to drive the growth of skills and competencies in areas that will make the delivery of the business of government.

The PSETA is a statutory body entrusted with driving skills development across the public sector. As an agency of the Department of Trade, Industry and Competition, the primary role of the NCC is to protect the interests of consumers and ensure accessible, transparent and efficient redress for consumers. 

“As mandated by the Skills Development Act and aligned with the National Skills Development Plan (NSDP) 2030, PSETA plays a critical role in shaping a professional, ethical, and capable public service workforce.

“As a trusted Authority, PSETA is committed to driving impactful, inclusive, and sustainable skills development that strengthens institutional capacity and supports service delivery excellence across the public sector,” the statement said.

The MoU, among other things, aims to achieve the following:

•    Identify priority research areas, including research to support the Public Service, in line with both parties’ research agendas and the PSETA’s Sector Skills Plan (SSP) priorities;
•    Facilitate cooperation and support on the development of capacity and capabilities for members and officials of the Public Service and unemployed learners, aligned to the PSETA SSP priorities, the National Development Plan, the National Skills Development Plan priorities and the Public Service;
•    Human Resource Development Strategy;
•    Facilitation and regular sharing of information on matters mutually relevant to the Parties;
•    Encourage the maximised usage of shared resources; and
•    Setting out the parameters for cooperation and support under the objectives of the MoU.

-SAnews.gov.za

 

nosihle
Sun, 04/13/2025 - 09:01

24 views

Read moreConsumer Commission and PSETA partnership set to enhance skills development
12 April 2025

Court Victory for Freedom of Expression: IDC Ungags Itself

Location: News

“There is no absolute right to be protected from being the subject of defamatory allegations” says acting judge

Read moreCourt Victory for Freedom of Expression: IDC Ungags Itself
11 April 2025

Media industry called to transform ownership patterns

Location: News

Media industry called to transform ownership patterns

With the media industry fighting for its survival amidst the rise of digital media, Deputy Minister in The Presidency, Kenny Morolong, has called on the industry to make deliberate efforts to transform the sector’s ownership patterns.

“Government remains committed to working alongside industry stakeholders to ensure that South Africa's media landscape is inclusive, competitive, and representative of the country's diversity,” Morolong said.

The Deputy Minister was addressing the members of the Print and Digital Media Transformation and Revitalization Steering Committee in Rosebank, Johannesburg, on Friday.

The steering committee was established to drive collaborative efforts towards a transformed media that is inclusive in a digital and multiplatform environment, to sustain and grow the sector’s contribution to the country's Growth Domestic Product (GDP).

The Minister painted a sobering picture of the industry’s current state, noting a dramatic decline in print newspaper (both commercial and local) circulation  - from approximately 45 million copies annually to dwindled numbers that were never imagined before, which is "very worrisome for government."

“The current challenges of operating in the digital environment; excess print, distribution and transport cost; reduction in newspaper subscribers; dwindling circulation figures coupled with reduced advertising budgets, both from corporate and government, have forced publishers to close down, while others have become loss-making or liability enterprises. In the mist of all these things, we should not despair, we are a nation that works together to find common solutions,” Morolong said.

The Deputy Minister emphasised the critical role played by the media in society and reaffirmed government’s commitment to revitalise the industry.

“We have a responsibility to save an industry that is ailing and to do so, there needs to be government investment. You can’t put government in a position where it must support an industry that does not want to transform. 

“You are running a business, but you are also running an institution which has got a moral obligation to keep society informed. We want to support you because of your role in education and informing society. We have a responsibility to support you and empower you as business,” he said.

The Print and Digital Media Transformation and Revitalization Steering Committee comprises various media executives of print and digital media companies, industry bodies such as the Association of Independent Publishers, Media Development and Diversity Agency and the Press Council.

The committee has been tasked with the following responsibilities: 

  • Developing a roadmap towards the establishment of the Print Media Charter that will promote B-BBEE in the sector;
  • The availability of print and digital media in languages all South Africans speak;
  • Specifics of the industry, including setting deadlines and targets to meet transformation objectives, set as commitment by the industry into a diverse and transformed print media in the entire value chain (newsroom, publishing, news sources, printing, distribution and advertising);
  • Areas of ownership and control, language, race, gender, employment equity, conditions of employment, skills development, contributions to promoting media diversity (through MDDA), and accord on access to printing and distribution. -SAnews.gov.za

 

 

nosihle
Fri, 04/11/2025 - 12:10
173 views

Read moreMedia industry called to transform ownership patterns
11 April 2025

Minister reaffirms commitment to efficient policing

Location: News

Minister reaffirms commitment to efficient policing

Police Minister Senzo Mchunu has reaffirmed the South African Police Service’s (SAPS) commitment to realising an efficient, effective, and responsible police service.

“… I want to reaffirm our commitment. We are committed to realising an efficient, effective, and responsible police service; one that reflects the values and aspirations of our democracy. This is non-negotiable,” the Minister said.

Mchunu was addressing a media briefing on the outcomes of the recently held three-day National Policing Summit. 

“The people of South Africa demand policing that is efficient, effective, and accountable. The people of South Africa demand a police service that is worthy of their trust, and most importantly, the people of South Africa demand that we act.”

WATCH | 

At Friday’s briefing in Pretoria, the Minister said that the priorities of the police are to reduce murder, remove unnecessary firearms from communities, remove drugs, fight gender-based violence and femicide (GBVF) and organised crime.

The police are also aware of the increases in crimes such as kidnappings, extortion, cash-in-transit heists and stock theft.

Additionally, police have classified the provinces of Gauteng, KwaZulu Natal, the Eastern Cape and Western Cape as hotspots.

“As a means of effectively reducing crime, we have identified several key enablers, inclusive of using and improving our technology, strengthening our crime intelligence, capacitating and upskilling our detective services, improving and expanding our forensic services and improving the general environment under which police officers work.

“We have made mention of the budgetary constraints, but we have also committed to maximising the budget allocated and the resources at our disposal. 

“Business has also come on board and through that partnership, there are projects aimed at capacitating, particularly our detective services, improving our technology and increasing our laboratories,” he explained.

Operations Room

Meanwhile, National Police Commissioner Fannie Masemola said that the summit engaged with seasoned researchers, academic leaders, the business sector, subject matter experts and community structures. The engagements were focused on how to turn the the tide, recalibrate and reposition the SAPS for the future.

“During the summit deliberations, we assessed the current state and performance of the SAPS, focussed on operational inefficiencies. We identified pragmatic strategies that will improve and advance maximum effectiveness in policing while strategically repositioning the SAPS to ensure long-term relevance, heightened professionalism and the restoration of public trust.

“The SAPS will establish a National Policing Summit Operations Room. This facility will house a permanent scoreboard that will track and trace progress on the resolutions of the summit periodically for the next five years. 

“We believe that this significant move will hold the management of the SAPS accountable to the nation, as we commit to turnaround the policing direction of this country,” Masemola explained.

Visibility 

The Commissioner added that the summit’s focus was not on theoretical discussion alone, but rather on diagnosing real operational challenges, understanding community perceptions and analysing systemic shortcomings.

“The summit placed special emphasis on rethinking how SAPS can maximise its impact within existing constraints while repositioning itself for long-term relevance, professionalism, and enhancing public trust in policing.

“The first day of the summit interrogated the difference between being seen and being felt in communities. While the SAPS often reports on patrols and deployments, the quality and impact of these efforts on safety perceptions was central to the conversation.”
Masemola explained that the discussions reflected a disconnect between visible policing efforts and actual community safety outcomes, prompting a call for a more intentional, impact-focused presence.

Masemola also hinted that the Summit touched on technology as a transformative tool in the modernisation of policing.
“Summit discussions addressed real-time crime tracking, GIS [ geographic information system] mapping, AI-driven analytics, and predictive policing. Participants discussed how these technologies can help SAPS anticipate criminal activity and deploy resources more efficiently.

“Emphasis was placed on data quality, interoperability of systems and the critical need for digital literacy within SAPS,” said the Commissioner.

President Cyril Ramaphosa officially opened the summit that was held at Emperors Palace Convention Centre in Gauteng on Tuesday.

READ | President calls for holistic overhaul of policing

The Summit, among other things, addressed the high levels of crime in South Africa by reflecting on current policing approaches and developing more effective methods for the South African Police Service. – SAnews.gov.za

 

Edwin
Fri, 04/11/2025 - 12:48
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Read moreMinister reaffirms commitment to efficient policing
9 April 2025

Government launches R500 million Spaza Shop Support Fund 

Location: News

Government launches R500 million Spaza Shop Support Fund 

Government has officially opened applications for the highly anticipated R500 million support fund aimed at increasing the participation of South African owned Spaza Shops in the townships and rural areas retail trade sector.

Addressing the launch of the Spaza Shop Support Fund (SSSF), Minister of Trade, Industry and Competition, Parks Tau, said the fund will transform the spaza shop landscape by creating jobs, alleviating poverty, promoting economic inclusion and empowerment as well as stimulating local economic growth.

The fund provides for funding of up to R300 000 per shop through a combination of grants and low-interest loans.

It allocates funding specifically for initial stock purchases, infrastructure improvements, business development tools, and Point of Sale (POS) system adoption.

Through the fund, shop owners will be provided with assistance in meeting hygiene and regulatory standards to ensure the provision of safe, high-quality products.

“We are committed to ensuring that every spaza shop that benefits from this fund also gains access to the necessary health and safety training and resources. This holistic approach will help create workplaces that are not only economically vibrant but also secure and sustainable for the future,” the Minister said on Tuesday in Soweto.

He indicated that studies show that small businesses account for a significant portion of job creation in South Africa. 

“By equipping spaza shop owners with financial support, infrastructure upgrades, and essential business training, we are setting the stage for sustainable job creation. This means more opportunities for local talent and a reduction in poverty levels, as spaza shops expand their roles as community hubs.

“Every spaza shop supported by this fund is an engine for local growth. When these businesses thrive, they create ripple effects that boost surrounding sectors—be it suppliers, service providers, or local artisans. 

“This fund is a catalyst for economic dynamism, injecting energy and resources where they are most needed. It is an investment in our people, our neighbourhoods, and ultimately, the entire South African economy,” he explained.

The fund will be jointly administered by the National Empowerment Fund (NEF) and the Small Enterprise Development Finance Agency (SEFDA).

“We want a South Africa where economic opportunities are available to all, where the informal becomes formal, and where the entrepreneurial spirit of our townships becomes a driving force for national transformation.

“With this fund, we are taking a concrete step to formalise and empower the informal sector. By supporting spaza shops, we are enabling entrepreneurs, often women and young people, to participate fully in the economic process.
“These small businesses generate employment, drive local commerce, and channel much-needed income into communities that have long been underserved,” Tau said.

In order to access the funding, applicants need to apply to the NEF and SEDFA through the prescribed application process outlined on the relevant institution's website.

The following website can be used to apply for funding:

Spaza Shop Support Fund - www.spazashopfund.co.za 
NEF - www.nefcorp.co.za 
SEDFA - https://systems.sefa.org.za/SMMEPortal/

The contact details for the Spaza Shop Support Fund Call Centre are 01 1 305 8080 or via email: Spazafund@nefcorp.co.za

Contact details for the NEF Call Centre are 0861 843633, SEDFA Call Centre 012 748 9600 or an email can be sent to helpline@sefa.org.za.

-SAnews.gov.za

 

 

nosihle
Tue, 04/08/2025 - 16:14
365 views

Read moreGovernment launches R500 million Spaza Shop Support Fund 
9 April 2025

Government empowers spaza shops 

Location: News

Government empowers spaza shops 

With the launch of the R500 million Spaza Shop Support Fund (SSSF), government is ready to assist entrepreneurs who want to establish startups, expand their businesses, and gain essential business skills to improve the performance of their enterprises.

This is according to the Minister of Small Business Development, Stella Ndabeni.

With the recent drive to have spaza shops registered, government has received 87 407 applications and of these, a total 53% is from South African-owned spaza shops.

“Our commitment with this fund is to support those who heeded the President’s call to register their spaza shops. As the Department of Small Business Development (DSBD), we can help you when you have an idea and want to start a business.

“We have incubators that help new and startup businesses. We can help you from being an informal trader to a formal trader, to start a spaza shop and to own a wholesale or an entire distribution channel. We will be working with you to help you to turn things around,” said Ndabeni.

The support fund was launched on Tuesday in Soweto to support South African-owned township community convenience shops, including spaza shops, to increase their participation in the townships and rural areas retail trade sector.

READ | Government launches R500 million Spaza Shop Support Fund 

Jointly administered by the National Empowerment Fund (NEF) and the Small Enterprise Development Finance Agency (SEFDA), the fund provides critical financial and non-financial support to township businesses, including community convenience stores and spaza shops.

The fund provides various types of support, including the initial purchase of stock via delivery channel partners, upgrading of building infrastructure, systems, refrigeration, shelving and security, as well as training programmes, which includes point of sale devices, business skills, digital literacy, credit health, food safety and business compliance.

“The fund will address economy of scale disadvantages by linking spaza shops to buying groups for aggregation and bulk purchasing; building business capacity through training and support to improve shop operations; and enhancing market competitiveness to help spaza shops compete with larger retailers," the Minister said.

The fund will be rolled out nationally to impact spaza shops across all major townships, as well as rural areas.

The Minister said government endeavours to work with entrepreneurs to localise supply chain opportunities for township and rural enterprises.

This will ensure that spaza shops do not procure imported products or simply use the platforms of large companies.

“To achieve this, we will utilise other instruments like the Small Enterprise Manufacturing Support Programme, Township and Rural Entrepreneurship Programmes (TREP), the Informal and Micro Enterprise Development Programme (IMEDP), Asset Assist, and our Shared Economic Infrastructure Facility.

“These programmes in turn have the potential to attract municipalities, the private sector, business and informal trader associations, and other stakeholders to work together in contributing their facilities, expertise and resources in support of new localised supply chains and distribution networks for spaza shops. 

“Logistics management partners will offer logistics management services, including warehousing and delivery solutions. They will ensure that products are stored safely and delivered efficiently, reducing transportation costs, and improving the overall supply chain efficiency for spaza shops,” the Minister said.

DSBD Connect

The department has recruited 52 Business Regulation Officers across all districts and metros to support business registration using the DSBD Connect system.

DSBD Connect is a platform which will be used to collaborate or put together small business to collaborate and/or work together on a particular project. 

This can be businesses within the same industries or different industries but need each other for specific skills or qualifications. 

The platform will put together small businesses within the same geographical area, interests, and skills. 

“Despite their importance, spaza shops face several challenges, including access to capital, security concerns, and competition from formal retailers, like larger retail stores and supermarkets which are encroaching on their markets.

"South African-owned spaza shops also face intense competition from foreign-operated spaza shops, who use more organised supply chains to gain competitiveness.

“Therefore, I want to encourage you to collaborate and establish cooperatives so that you can leverage resources, knowledge, and work together on projects, sharing best practices,” Ndabeni said.

Access to funding 

To access the funding, applicants need to apply to the National Empowerment Fund (NEF) and the Small Enterprise Development Finance Agency (SEFDA) through the prescribed application process outlined on the relevant institution's website.

The following website can be used to apply for funding:

Spaza Shop Support Fund - www.spazashopfund.co.za 
NEF - www.nefcorp.co.za 
SEDFA - https://systems.sefa.org.za/SMMEPortal/

The contact details for the Spaza Shop Support Fund call centre are 01 1 305 8080 or via email: Spazafund@nefcorp.co.za.

Contact details for the NEF call centre are 0861 843633, SEDFA call centre 012 748 9600 or an email can be sent to helpline@sefa.org.za. - SAnews.gov.za

nosihle
Wed, 04/09/2025 - 10:27
162 views

Read moreGovernment empowers spaza shops 
9 April 2025

USAID Cuts Force HIV and TB Services Into Business Rescue

Location: News

MatCH employees fight for salaries

Read moreUSAID Cuts Force HIV and TB Services Into Business Rescue
8 April 2025

Mchunu prioritises fight against GBV

Location: News

Mchunu prioritises fight against GBV

Police Minister Senzo Mchunu has reiterated government’s intensifying efforts to tackle gender-based violence and femicide (GBVF), and organised crime and corruption.

Speaking at the inaugural National Policing Summit in Kempton Park, Gauteng, Mchunu highlighted the urgency of addressing crimes targeting women and children, which he described as a top priority.

“We are very concerned about this, and it is our priority. We are equally concerned about the murder rate in the country, the easy availability of firearms -- especially illegal firearms -- and drugs,” Mchunu said on Tuesday.

The summit, themed “Efficiency in Action: Optimising South Africa's Policing Potential”, aligns with Chapter 12 of the National Development Plan (NDP), which focuses on building safer communities by 2030. 

The three-day event brings together police leaders, crime experts, and stakeholders to evaluate SAPS strategies and chart a way forward.

Mchunu noted the recent decline in third-quarter crime statistics but said the overall levels remain unacceptably high. He identified organised crime, including gang violence, kidnappings, extortion, cash-in-transit heists, and stock theft, as a major contributor to crime in the country.

“We believe we can substantially minimise, if not eliminate, gang-related violence in the country,” he said.

Efforts are underway to bolster border security in collaboration with the Border Management Authority and the Department of Home Affairs, Mchunu said. He also acknowledged the pressing issue of internal corruption within the SAPS, stating that decisive measures are being taken.

The summit will address key focus areas such as proactive policing, infrastructure, crime intelligence, and the integration of technology. Mchunu revealed plans to implement a restructured SAPS organisational model designed to enhance crime-fighting capacity.

On the technology front, SAPS is set to pilot automated police stations and digitise its docket management system. Partnerships with the private sector will support these initiatives, including the expansion of forensic laboratories and the introduction of an electronic laboratory (e-lab).

Mchunu said the outcomes of a recent SAPS Employee Health and Wellness Workshop will contribute to the summit’s deliberations, aiming to improve morale and overall well-being within the service.

“We have a number of identified projects which we will implement together with business. Amongst these are automating police stations and digitising our docket management systems.”

The summit includes breakaway sessions on modern policing strategies, technology, intelligence-led investigations, and workforce development. Participants will share best practices, explore innovative approaches, and strengthen networks aimed at improving public safety. – SAnews.gov.za

Edwin
Tue, 04/08/2025 - 12:22
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Read moreMchunu prioritises fight against GBV
8 April 2025

President calls for holistic overhaul of policing

Location: News

President calls for holistic overhaul of policing

President Cyril Ramaphosa has called for a bold, coordinated, and community-driven approach to crime-fighting, describing policing in South Africa as being at a crossroads that demands urgent reform and collaboration from across all sectors of society.

The President was delivering the keynote address at the 2025 Policing Summit held in Ekurhuleni on Tuesday. 

President Ramaphosa applauded the Ministry of Police for convening what he termed a “critical” gathering, which brings together government, civil society, business, interfaith groups, labour, and communities to reshape the country’s safety and security strategy.

“Safeguarding our nation’s safety and security requires that we are proactive, innovative and solution-oriented in our approach… Just as crime is an all-of-society problem, overcoming crime must be an all-of-society effort.

“In doing so, we must marshall our full support behind the hardworking men and women of the South African Police Service," the President said. 

The President said crime has a direct impact on the economy, as it discourages investment, disrupts business activity and leads to increased security costs for companies. 

He noted that social ills such as poverty and inequality, unemployment, lack of opportunity, patriarchy and misogyny, and broken family structures are just some of the issues that contribute to crime and criminality. 

“Addressing crime without understanding its root causes is like a doctor treating a patient for a fever without diagnosing the underlying illness. 
 
“It is therefore encouraging that this summit has as one of its key objectives adopting a more holistic approach to law-enforcement, encompassing not just the police but the entire policing system,” the President said. 

The President emphasised that policing must be grounded in the Batho Pele principles of service delivery, which include respect, empathy, accessibility, and accountability. 

He said that the policing terrain of today is complex and multi-faceted and the police strive to fulfil their mandate in the context of emerging threats. 
 
These threats, he said, include transnational organised crime, illegal mining, extortion syndicates, the theft of economic infrastructure, money laundering and terror financing. 
 
“And yet, even in this extremely challenging environment, the South African Police Service continues to register successes in fighting crime in its various operations,” the president said.

Restoring public trust 

The President warned that restoring public trust in the police is critical to winning the fight against crime.

“We need to improve the relationships between the police and the communities they serve. We need to work to improve the morale of SAPS members, many of whom are battling heavy workloads, insufficient resources and outdated systems. 
 
“Even as the SAPS budget has increased over the past ten years, the reality is that the number of police personnel has been declining while the country’s population has been growing,” the President said. 
 
President Ramaphosa stressed that policing cannot succeed without the active involvement of communities. 

He called for a stronger role for Community Policing Forums (CPFs), citizen empowerment, and partnerships with the private sector, which has already played a crucial role in equipping victim support centres and bolstering frontline capacity.

“We know that communities are the most potent resource for fighting crime. Crimes happen in communities and criminals are often known to communities. 
 
“From this summit we need a clear plan on how to better involve communities in crime prevention and detection, and on harnessing the potential of CPFs in line with relevant legislation and regulations,” he said. 
 
The role of technology and data

The President welcomed and backed the focus of the summit on exploring the role of technology in modern policing, investigation and intelligence.

“We need to harness modern technologies to support crime-fighting. Technology is particularly crucial when analysing crime trends and patterns. It is also valuable in empowering citizens,” President Ramaphosa said.

He further advocated for applying a socio-economic lens to crime data to better tailor responses for example, by examining links between substance abuse and robbery, or alcohol abuse and gender-based violence.

“Data plays a pivotal role in policing and law-enforcement. And we need to apply a socio-economic lens when analysing such data. The data may tell us, for example, about a community with a high prevalence of housebreaking and robbery, in which substance abuse is also rife. 
 
“Understanding the connections revealed by this data should inform the approach to policing in that community. There is ample data on the linkages between alcohol abuse and the prevalence of gender-based violence,” the President said.

He added that a holistic policing approach would, for example, need to involve working with local authorities to enforce municipal by-laws for establishments selling alcohol. 

As part of facilitating access to SAPS services, the President said it is encouraging that discussions are planned for how to leverage innovative digital platforms such as mobile apps, online reporting systems and virtual communication channels to improve the public’s interaction with the police. 
 
“To turn the tide against crime, we need better collaboration among the different agencies in the law-enforcement space,” he said.

The President further highlighted that there is a proliferation of organised crime in South Africa, including the manufacture of illicit drugs, kidnapping for ransom and money laundering. 

He said this is taking place alongside a growth in illegal mining, extortion in the construction sector, and the theft of public infrastructure.
 
Addressing corruption

The President urged police to stay away from corrupt activities, stressing that corruption has infiltrated every part of society, including the SAPS. 

He said while prosecuting corrupt officers is important, it is equally crucial to instil a culture of honesty and integrity within the police service. 

The President emphasised the need to strengthen the fundamentals of policing through ethics, accountability, and professionalism. 

He expressed hope that the summit would focus on promoting ethical conduct, restoring public trust in law enforcement, and upholding the rule of law. 

Key initiatives include protecting whistleblowers, implementing the National Anti-Corruption Strategy, and improving recruitment and training to attract the right calibre of candidates to the SAPS. 

“If the SAPS is to fulfil its crucial mandate, we have to emerge from these few days with a clear plan on how to address the systemic deficiencies that are negatively impacting policing. 
 
“As a country we owe the SAPS our full support. As government we remain committed to turning the tide against crime and to making our communities safer. 
 
“It is our hope that the recommendations emerging from this summit translate into deeper collaboration, more effective methods and a promising future for policing in South Africa,” he said. – SAnews.gov.za

DikelediM
Tue, 04/08/2025 - 13:57
366 views

Read morePresident calls for holistic overhaul of policing
8 April 2025

IDC Challenges Court Order Preventing It From Interviewing Whistleblowers

Location: News

R90-million awarded to ARTsolar under investigation

Read moreIDC Challenges Court Order Preventing It From Interviewing Whistleblowers
8 April 2025

It’s your country, explore it!

Location: News

It's your country, explore it!

With the Easter long weekend fast approaching, Tourism Minister Patricia de Lille has called on local and international travelers alike to explore the country’s breathtaking landscapes, rich culture and vibrant communities.

De Lille launched the Easter campaign with an activation at Twin Venture, which is based at the Atlantis Dunes in Cape Town, specialising in quad biking and sandboarding experiences. 

The activation was aimed at showcasing the variety of experiences for visitors across South Africa, especially in smaller towns.

Speaking at the event on Monday, which was attended by tourism business owners, industry associations, media and content creators, De Lille emphasised the importance of both domestic and international travel in sustaining and growing the tourism sector.

Domestic tourism: A growing market

Domestic tourism in South Africa continues to perform well, with travellers increasingly looking for affordable and unique experiences. 

Recent insights from the 2024 Sho’t Left Travel Week campaign highlighted key trends shaping local travel, including:

-                Affordability remains a priority. Travelers are looking for more budget-friendly accommodation and experiences, making initiatives like Sho’t Left vital in ensuring more South Africans can explore their own country.

-               Lesser-known destinations are in demand. More South Africans are seeking off-the-beaten-path adventures, opting for places with fewer crowds and deeper cultural experiences.

-               Personalised travel experiences are key. Families, solo travellers, seniors, and adventure-seekers are all looking for tailored travel options, including accessible tourism and wellness retreats.

“Every night spent in a guesthouse, every meal at a local restaurant and every souvenir bought from a market contributes to our economy. By supporting local tourism, we ensure that the benefits of travel extend beyond major cities promoting inclusive economic growth,” De Lille said.

International tourism on the rise

International visitors remain a key part of South Africa’s tourism strategy. In the first two months of 2025 alone, the country welcomed nearly 1.8 million international visitors, an increase of 4.7% compared to the same period last year.

“International travellers are drawn to South Africa for its diverse cultures, breath-taking landscapes, and warm hospitality. We must continue showcasing what makes our country special and keep igniting the spirit of exploration,” De Lille said.

South Africa Awaits – Come Find Your Joy!

To further promote tourism, South African Tourism recently launched its new global brand campaign: ‘South Africa Awaits – Come Find Your Joy!’ This campaign encourages travellers -- both local and international -- to rediscover South Africa with the wonder and excitement of a first-time visitor.

“This is more than a tourism campaign; it’s an invitation. Whether you’re a young family, a group of friends, an adventure junkie, or someone who just needs a break, South Africa has something for you,” the Minister said.

De Lille urged travellers to take advantage of the upcoming long weekends to explore, experience and support local businesses.

“Take the trip. Book the stay. Discover the dorpie. Dance at the festival. Visit the market. Eat the magwinya. Support local. Make the memory. Take that Sho’t Left! Our country is calling. South Africa Awaits – Come Find Your Joy!” the Minister said. – SAnews.gov.za

Edwin
Tue, 04/08/2025 - 10:03
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Read moreIt’s your country, explore it!
8 April 2025

Department of Social Development Proposes Changes to SRD Grant Application

Location: News

Questions about income could be removed

Read moreDepartment of Social Development Proposes Changes to SRD Grant Application
7 April 2025

New Chairperson and Deputy Chairperson of IDT elected

Location: News

New Chairperson and Deputy Chairperson of IDT elected

Public Works and Infrastructure Minister Dean Macpherson has welcomed the election of Zimbini Hill as the Chairperson and Professor Raymond Nkado as the Deputy Chairperson of the Independent Development Trust (IDT).

Hill is the former interim chairperson of the IDT, with 20 years' experience as an executive leader in sectors ranging from financial services to public sector governance. She holds an MBA in Finance from Cass Business School at the City University of London.

Professor Nkado is the former Executive Dean for the Faculty of Engineering and the Built Environment at the University of the Witwatersrand, former President of the South African Council for Project and Construction Management Professionals. He holds a PMP qualification from the Project Management Institute of the United States.

“The Minister met with the Board this morning to welcome the latest appointments and wish them success for the remainder of their term,” the Department of Public Works and Infrastructure said in a statement on Monday. 

Thereafter, the Board met with just the trustees to elect a Chairperson and Deputy Chairperson from among its members. 

“Today's board meeting brings about much needed stability to the IDT and brings an end to vacancies that have existed at the entity for the last 18 months.

“The new board will now have to deal with several challenges currently facing the IDT, including ensuring full compliance with the ongoing PWC investigation into the PSA Oxygen Plant Tender, restoring public trusts in the IDT and putting the entity back onto a pathway of good, clean, and transparent governance,” the department said. 

READ | Macpherson welcomes PwC probe into R800m oxygen plant tender. – SAnews.gov.za

Edwin
Mon, 04/07/2025 - 13:38
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Read moreNew Chairperson and Deputy Chairperson of IDT elected
7 April 2025

KZN government calls for deeper collaboration with Black business

Location: News

KZN government calls for deeper collaboration with Black business

KwaZulu-Natal Premier Thamsanqa Ntuli has called for deeper collaboration between government and Black business.

Ntuli made the call at the Diamond Jubilee Celebration of the National Federated Chamber of Commerce and Industry (NAFCOC) held at Inkosi Albert Luthuli International Convention Centre on Friday.

The event reflected on six decades of dedicated work toward the economic empowerment of African businesses and ongoing economic transformation.

In his address, the Premier hailed the organisation’s historic and ongoing role in empowering Black entrepreneurs and advancing inclusive economic transformation across South Africa.

“For over six decades, NAFCOC has been the enduring voice of Black business, even during the darkest days of apartheid. Today, we recognise the many men and women who, with NAFCOC’s support, have broken through barriers, and now play influential roles across both public and private sectors,” Ntuli said.

The high profile event was attended by President Cyril Ramaphosa, His Majesty King Misuzulu kaZwelithini, national and provincial government leaders, business stakeholders, and NAFCOC executives.

Ntuli described the NAFCOC Diamond Jubilee as “a celebration of resilience, vision and the power of unity”.

He congratulated the organisation and called for continued joint action in building an inclusive and prosperous KwaZulu-Natal.

The Premier used the occasion to reflect on NAFCOC’s legacy, while looking forward to a new era of economic partnership and shared growth.

Ntuli outlined a bold five-year plan for the province, focused on rebuilding the economy; strengthening governance; advancing sustainable development; improving healthcare, education, and infrastructure; promoting community safety; mitigating climate change, and building a capable and ethical State.

Ntuli invited NAFCOC to be a central partner in driving this agenda.

“We cannot succeed without business playing its part. Our job as government is to clear bottlenecks and unlock opportunities, particularly in the township and rural economies, which are critical to achieving true economic freedom,” Ntuli said.

Ntuli also announced a renewed push to attract investment and accelerate industrialisation through the Special Economic Zones in Richards Bay and at the Dube Trade Port.

He said a revised Provincial Integrated Trade and Investment Strategy will guide this work, alongside stronger air connectivity and expanded tourism and export markets.

The Premier also commended recent efforts by the South African Police Service, led by Provincial Commissioner Lieutenant General Nhlanhla Mkhwanazi, to clamp down on organised crime.

“A safe province is essential for a thriving economy,” he said, pledging an improved coordination between law enforcement and business stakeholders.

The celebration also included a keynote memorial lecture in honour of NAFCOC founding leader Dr Sam Motsuenyane, delivered by African National Congress Treasurer General, Dr Gwen Ramokgopa. – SAnews.gov.za

 

GabiK
Mon, 04/07/2025 - 11:26
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Read moreKZN government calls for deeper collaboration with Black business
7 April 2025

Budget 2025 vital for economic growth and poverty alleviation

Location: News

Budget 2025 vital for economic growth and poverty alleviation

In his weekly newsletter, President Cyril Ramaphosa has emphasised the crucial role of the 2025 Fiscal Framework and Revenue Proposals, which were recently passed by Parliament, in driving economic growth and relieving the effects of poverty.

The budget – tabled by Finance Minister Enoch Godongwana in Parliament last month – was passed by Parliament last week.

“The 2025 Budget is directed at growing the economy and supporting the livelihoods of our people.

“It is a critical instrument to drive development, eradicate poverty and narrow inequality. At a time of constrained economic growth and narrow fiscal space, the budget must direct sufficient resources to activities that encourage inclusive growth and lay the groundwork for sustained economic recovery.

“It reflects the strategic priorities of the Government of National Unity: inclusive growth and job creation, reducing poverty and tackling the high cost of living and building a capable, ethical and developmental state,” he said.

Uplifting the nation

The budget has a strong focus on the social wage with 61% of resources directed at, amongst others, healthcare, education, housing and social grants.

“Over the past 24 years we have implemented an indigent policy under which free water, electricity and sanitation services are provided to qualifying households.

“Social grants, like the childcare, old age and disability grants, are another tool for alleviating poverty. This year, the value of these grants will increase at above inflation. The Social Relief of Distress grant, which has played an important role in poverty alleviation, will also be extended for another year," President Ramaphosa said.

As part of improving access to healthcare, the President said there will be a higher allocation of funding to clinics and community health centres. 

He said government is investing in the recruitment and retention of health personnel, particularly doctors and nurses, and to employ newly qualified doctors after their community service ends. 

The budget also allocates substantial funding to “other frontline services such as teachers, police, emergency personnel and the Border Management Authority”.

“Improving educational outcomes is key to community upliftment, development and producing the skills needed by our economy. Budgetary allocations have been made to support teacher training, for expanded mother-tongue bilingual education and for early reading programmes. 

“This year sees a substantial investment in early childhood development, reflecting our commitment to establishing a solid foundation for the development of every child,” the President added.

Funding for public employment programmes and to support small businesses has also been allocated.

Driving growth

President Ramaphosa noted sustaining expenditure on the social wage requires “higher levels of economic growth”.

“The budget allocates considerable resources to encourage infrastructure development, which drives growth and job creation.

“Taken together, up to R1 trillion will be spent on infrastructure over the medium term. This includes the allocation in this budget of an additional R62 billion over the next three years for road maintenance, electricity transmission lines, water and sanitation projects, school infrastructure and to support the ongoing recovery of our rail networks.

“Support is also provided to other growth enhancing measures in the medium term, including incentive programmes in automotive, business process outsourcing, special economic zones, electric vehicle production, clothing and textiles, and other sectors,” he said.

South Africa’s municipalities will also receive adjusted budget allocations to help them address infrastructure needs and improve service delivery.

“In a challenging economic environment – both locally and globally – this year’s budget supports measures to drive growth and relieve the effects of poverty. At the same time, it aims to stabilise public finances and continue to reduce our national debt.

“The budget reflects the priorities of Government’s Medium Term Development Plan, a five-year programme of action that prioritises rapid, inclusive growth, creating a more just society and building state capacity.

“At a time when our singular focus must be the South African people, we need to use the limited resources we have to work together for the common good,” President Ramaphosa concluded. – SAnews.gov.za

NeoB
Mon, 04/07/2025 - 09:37
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Read moreBudget 2025 vital for economic growth and poverty alleviation
6 April 2025

Mashatile to address Ahmed Kathrada Legacy Business Breakfast

Location: News

Mashatile to address Ahmed Kathrada Legacy Business Breakfast

Deputy President Shipokosa Paulus Mashatile will on Monday deliver the keynote address at the inaugural Ahmed Kathrada Legacy Business Breakfast series to be held in Illovo, Gauteng.

The Ahmed Kathrada Foundation, formed in 2008, is an organisation aimed at deepening non-racialism in post-apartheid South Africa through the promotion of values, rights and principles enshrined in the Freedom Charter and the Constitution of the Republic of South Africa.

Mashatile is attending the event as a champion of social cohesion and nation building activities. 

The Ahmed Kathrada Legacy Business Breakfast series seeks to provide a platform for engaging high-level executives, thought leaders, industry professionals and decision-makers in meaningful discussions on business, leadership and innovation. It also honours the legacy of Ahmed Kathrada’s contributions to leadership and justice.

“The Deputy President regards this engagement as an important platform that will provide insights into the strengths and challenges facing our nation, with a view to sharing solutions that will not only strengthen social cohesion, but move the country forward for the benefit of all citizens,” the Presidency said in a statement. – SAnews.gov.za

Edwin
Sun, 04/06/2025 - 12:59
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Read moreMashatile to address Ahmed Kathrada Legacy Business Breakfast
5 April 2025

South Africa’s Response to the US Government’s Imposition of Tariffs

Location: News

Republic of South Africa: Department of International Relations and Cooperation
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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.

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