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You are here: Home / Archives for business

business

14 November 2024

Cabinet apprised of interventions to deal with foodborne illnesses and fatalities

Location: News

Cabinet apprised of interventions to deal with foodborne illnesses and fatalities

President Cyril Ramaphosa is expected to address the nation soon on the interventions government is undertaking to deal with foodborne illnesses and fatalities that have transpired in the country. 

Speaking during a post-Cabinet briefing in Cape Town on Wednesday, Minister in The Presidency, Khumbudzo Ntshavheni, said Cabinet has been briefed on the foodborne illnesses and fatalities recorded in parts of the country. Several people, including children, have lost their lives, with others being hospitalised in various incidents in Gauteng, Mpumalanga, the Eastern Cape, KwaZulu-Natal and the Free State.

“The President will address the nation on the interventions government is undertaking to deal with this situation. 

“In the meantime, the Department of Health has activated the National Institute of Communicable Diseases to (NICD) to trace and examine the source of the poisoning of foodstuffs and make recommendations,” Ntshavheni said. 

The Minister said the address would happen on a date yet to be confirmed.

Health officials have determined that Terbufos, a highly toxic chemical organophosphate, was the cause of death of six children in Naledi, Soweto, after they ate snacks bought from a local spaza shop. 

The antidote of organophosphate and carbamate poisoning is an intravenous atropine injection which is used, among others, to treat insecticide or mushroom poisoning.

READ | Death of six Soweto children linked to Terbufos

Ntshavheni noted that the Department of Cooperative Governance and Traditional Affairs, supported by the Department of Small Business Development and the Inter-Ministerial Committee on Disaster Management, have gazetted the Standard Draft By-laws for Township Economies. 

This is aimed at mobilising municipalities around a common agenda and collective responses towards inclusive local economies and curbing illegal business operations in townships. 

“Cabinet extends condolences to the families, friends and schoolmates of all the children, who lost their lives due to foodborne illnesses,” the Minister said. 

The Minister addressed questions about the possibility of a special Cabinet meeting on the issue and whether there are plans to deploy the South African National Defence Force (SANDF) to spaza shops across the country.

Ntshavheni explained that ministerial committees are currently engaged in work surrounding this matter. 

She said that a special Cabinet meeting may also be convened, though the exact timing of it depends on the completion of work by multiple ministerial committees currently engaged in this process. 

“The Justice, Crime Prevention and Security Custer continue to do work to prepare for the President’s address. As the overall committee responsible for the NATJOINTS [National Joint Operational and Intelligence Structure] work, there is no discussion of deploying the military to spaza shops. 

“In terms of work that is underway, we think between ourselves, as the Security Cluster, outside of Defence, we have the capacity to handle what has to be handled. The President will [give an] address, however, I do not want to pre-empt when, given the work that is still being done by the committees,” she said. 

Ntshavheni confirmed that the Joint Planning Committee for Security is meeting this afternoon to finalise issues in preparation for the President’s upcoming address.

“Depending on the progress made by various committees and provincial teams, if we complete our work in time, the President will address the nation this week,” she stated. – SAnews.gov.za

DikelediM
Wed, 11/13/2024 - 14:48

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Read moreCabinet apprised of interventions to deal with foodborne illnesses and fatalities
13 November 2024

National Treasury calls for comments on policy proposals

Location: News

National Treasury calls for comments on policy proposals

The National Treasury has called on stakeholders to submit detailed written comments and proposals on the policy review of the taxation of alcoholic beverages, carbon tax and the tax treatment of collective investment schemes.

The policy review of the taxation of alcoholic beverages builds on the previous excise tax policy review in 2014 and proposes adjustments to the current policy framework.

The discussion document covers developments in the alcoholic beverages industry, including changes in the regulatory landscape, the prevalence of alcohol consumption, illicit trade in alcoholic beverages, international observations on alcohol taxation. 
It also covers the potential use of minimum unit pricing in the long term, and other administrative policy considerations in line with the concerns that have been raised by stakeholders.

“With this publication, the National Treasury requests stakeholders to submit detailed written comments and proposals to assist government to further develop an appropriate excise policy framework to reduce the harmful use of alcohol.

“After the public consultation process is concluded, the draft proposals will be revised to consider public comments and announcements will be made in the 2025 Budget,” National Treasury said on Wednesday.

Written comments can be forwarded to 2024Alcoholreview@treasury.gov.za by close of business on 13 December 2024.

Carbon tax

In addition, stakeholders are encouraged to submit detailed written comments on phase two of the carbon tax design.

In the 2024 Budget, government announced its intention to publish a carbon tax discussion paper for public comment.

This paper puts forward proposals on phase two of the carbon tax design from 2026 to 2035 for consultation, considering South Africa’s Nationally Determined Contributions (NDCs) commitments.

“South Africa has made commitments under the Paris Agreement to reduce emissions in the range of 398 to 510 million tonnes carbon dioxide equivalent (tCO2e) by 2025 and 350 to 420 million tCO2e by 2030, and to reach net zero emissions by 2050.

“The NDCs set out policies and measures to achieve these mitigation goals and adapt to climate change, and the finance requirements to support the transition to a lower carbon climate resilient economy.

“Carbon tax is an integral part of the package of policy measures aimed at addressing climate change as recommended in the 2011 National Climate Change Response Policy and the 2012 National Development Plan,” National Treasury explained.

The carbon tax discussion paper puts forward proposals on phase two of the carbon tax design from 2026 to 2035 for consultation, considering South Africa’s NDC commitments.

The discussion document includes proposed adjustments to the basic tax-free allowance, carbon offsets, the electricity levy, the renewable energy premium and the energy efficiency savings tax incentive.

Stakeholders are invited to submit written comments on the draft proposals contained in this paper to carbontax@treasury.gov.za.

“After the public consultation process is concluded, the draft proposals will be revised to consider public comments and announcements will be made in the 2025 Budget. The closing date for comments is close of business on 13 December 2024,” treasury said.
 

Tax treatment of collective investment schemes

In addition, National Treasury is also requesting the public to submit written comments on the draft proposals contained in the income tax treatment of amounts received by portfolios of collective investment schemes.

This discussion document stems from a statement in the 2020 Budget Review that indicated that National Treasury would undertake a review on the matter.

“In 2018, amendments were proposed in the Taxation Laws Amendment Bill to provide certainty on when these amounts should be treated as revenue instead of capital, which would impact the tax treatment of those amounts.

“After consultations, government opted to withdraw the proposed amendments to allow additional time to engage with industry to find solutions that will not negatively affect role-players.

“This document investigates the policy considerations of the taxation of collective investment schemes under section 25BA of the Income Tax Act, 1962- and puts forward various policy options,” National Treasury said.

Stakeholders are invited to submit written comments on the draft proposals contained in this paper to CIS-Tax@treasury.gov.za.

After the public consultation process is concluded, the draft proposals will be revised to consider public comments and announcements will be made in the 2025 Budget.

The closing date for comments is close of business on 13 December 2024. -SAnews.gov.za
 

nosihle
Wed, 11/13/2024 - 12:35

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Read moreNational Treasury calls for comments on policy proposals
13 November 2024

SA strengthens bilateral ties with Egypt

Location: News

SA strengthens bilateral ties with Egypt

International Relations and Cooperation (DIRCO) Minister Ronald Lamola, along with a business delegation, will today undertake a working visit to Cairo, in the Arab Republic of Egypt, to co-chair the South Africa-Egypt Political Consultations.

The Minister will co-chair the consultations with his counterpart, Dr Badr Abdelatty, the Minister of Foreign Affairs, Emigration and Expatriate Affairs of the Arab Republic of Egypt, from 13 to 14 November. 

South Africa and Egypt enjoy cordial political, economic and social relations following the formal establishment of diplomatic relations on 29 March 1995. These relations are historical and based on friendship, solidarity and collaboration between the peoples of both countries.

The Joint Commission for Cooperation (JCC) that exists between the two countries is a structured bilateral mechanism that provides a platform for political, economic, social, cultural, scientific and technical cooperation between the two.

“We will be accompanied by a South African business delegation consisting of close to 50 companies. The delegation will explore further investment and trade opportunities across a range of economic sectors.

“The working visit will provide an opportunity to exchange views on regional, continental, and global issues of mutual interest, with an emphasis on the conflict in Sudan. Before the conflict, Sudan was already experiencing a severe humanitarian crisis,” Lamola said during a media briefing on Tuesday.  

Lamola said the long-term political instability and economic pressures left 15.8 million people in need of humanitarian aid, and that the conflict has only exacerbated these conditions, leaving 25.6 million people -- more than half of Sudan’s population -- in need.

“The brutal conflict has forced more than 11 million people from their homes. The vast majority (over 8.1 million people) remain within Sudan, representing the largest displacement crisis in the world. 

“Furthermore, the session will also reinforce the importance of accelerating efforts towards the implementation of the African Continental Free Trade Agreement and in consolidation of Africa’s Agenda 2063,” Lamola said. 

The working visit will further reinforce the commitment by both countries to expand and strengthen political and economic relations.

South Africa and Angola strengthen economic ties 

On the 1st of November 2024, the Minister undertook a working visit to Luanda, Angola, for political and diplomatic consultations. 

Discussions included preparations for the upcoming State Visit by President João Manuel Gonçalves Lourenço to South Africa. 

“It was agreed that this visit should reaffirm the existing bilateral relations, underpinned by a strong economic partnership. We informed our counterpart that a business forum will also be organised during the visit, with the participation of companies from both countries, focusing on sectors such as agriculture and agro-processing, mining, energy, transport, healthcare, tourism and education,” Lamola said.  – SAnews.gov.za

DikelediM
Wed, 11/13/2024 - 09:44

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Read moreSA strengthens bilateral ties with Egypt
12 November 2024

Multichoice Group Maintains Strategic Momentum Despite Macroeconomic Challenges

Location: Business

MultiChoice Group
Download logo

  • Unprecedented foreign exchange pressures and economic challenges in key African markets impacted earnings and dampens subscriber growth
  • On track to right-size cost base and grow new revenue streams to drive future growth as streaming gains traction at the expense of traditional pay-tv
  • Cost-cutting measures delivered R1.3bn in permanent savings, on track to reach increased full-year target of R2.5 billion
  • Showmax customer base grew 50% YoY as a leading streaming service in sub-Saharan Africa
  • Strong revenue growth in new products: DStv Steam +71%, DStv Internet +85%, DStv Insurance +31%, KingMakers +53%
  • Strong liquidity of R10 billion provides solid financial base to support growth
  • Negative equity position on track to be resolved in November 2024.

MultiChoice Group (MCG or The Group) (www.MultiChoice.com) continued to deliver exceptional video entertainment and execute on core strategic initiatives during the first six months ended 30 September 2024 (1H FY25). However, unprecedented foreign exchange volatility severely impacted the Group's interim financial results, while ongoing macroeconomic challenges weighed on customer growth and moderated overall performance.

Facing the most challenging operating conditions in almost 40 years and to generate desired returns, the Group has been proactive in its focus to ”right-size” the business for the current economic realities and industry changes. Although operating across Africa typically subjects the group to currency moves, abnormal currency weakness over the past 18 months have reduced the group's profits by close to R7 billion. Combined with the impact of a weak macro environment on consumers' disposable income and therefore on subscriber growth, it required the Group to fundamentally adjust its cost base - which is exactly what has been done. The normal cost savings program was accelerated, resulting in permanent savings of R1.3bn in over the past six months and an increased target of ZAR2.5bn for the full year.

“We are making good progress in addressing the technical insolvency that resulted from non-cash accounting entries at the end of the last financial year. We expect to return to a positive net equity position by the end of November this year, supported by a number of developments and initiatives. The Group's liquidity position remains strong, with over ZAR10bn in total available funds,” says Calvo Mawela, MultiChoice Group CEO.

The Group is also adjusting to global pay-TV challenges as streaming services, the rise of social media and changing consumer preference impact the traditional broadcast business. Showmax, which reported 50% growth YoY in its paying customer base, strategically positions the business to actively participate in the streaming revolution as it gains momentum across Africa. To create sufficient capacity and drive growth, the group stepped-up its investment in this business by an incremental ZAR1.6 billion during the interim period.

“We have successfully been implementing our strategy over the past few years, achieving key milestones such as our investment in KingMakers, returning the Rest of Africa business to profitability in FY23 and FY24, concluding the Showmax partnership with Comcast and investing in Moment. While we've made huge inroads to reduce our cost base, there's still more work to be done”.

“However, our focus extends beyond cost efficiency—we are equally committed to grow the business. We remain committed to driving new revenue streams and see significant medium to long-term opportunities in video entertainment, particularly in streaming, and in our adjacent new businesses,” says Mawela

The Group reported strong momentum in its new products and services, which all delivered robust   YoY revenue growth, i.e. DStv Stream +71%, DStv Internet +85% and DStv Insurance + 31%. KingMakers reported a healthy 27% increase in its online monthly active users in Nigeria and grew its revenue in Naira by 53%, while newly-launched SuperSportBet is showing good early traction in South Africa.

Financial Results Overview

Subscriber base: The pressure on the linear pay-TV subscriber base was lower than the previous six-months, reflecting a 5% decline (0.8m) compared to 6% reported (1.0m) in 2H FY24. This reflects an improving sequential trend. On a YoY basis, the linear subscriber base declined by 11% or 1.8m subscribers to 14.9m active subscribers, impacted by the challenging macroeconomic conditions that negatively impacted discretionary consumer spend.

Group revenues: Revenues increased by 4% YoY to ZAR25.4bn on an organic basis, due to disciplined inflationary pricing and revenue growth of new products. On a reported basis, revenues declined by 10%, impacted by foreign exchange pressures on the Rest of Africa business and a stronger Rand against the US Dollar.

Group trading profit: The Group's ongoing cost optimisation drive delivered ZAR1.3bn in savings, and together with other improvements in the business, it resulted in a 33% increase in trading profit before incorporating the Showmax costs. A ZAR1.6bn step-up in the investment behind Showmax to create capacity for growth, trimmed the organic trading profit to ZAR5.0, a decline of only 1% YoY. Foreign exchange losses in the Rest of Africa business amounting to ZAR2.3bn reduced reported trading profit to ZAR2.7bn.

Adjusted core headline earnings, the board's measure of the underlying performance of the business, amounted to ZAR7m, impacted by foreign exchange losses and the investment in Showmax.

Cash flow and liquidity: The Group free cash flow remained positive at ZAR0.6bn, with ZAR5.7bn retained in cash and cash equivalents. Despite the increase in net interest costs and a higher average debt balance, the Group remains well-positioned to navigate current challenges with access to ZAR4.4bn in undrawn facilities.

Operational update

General entertainment and sport

Delivering content that customers love remains the Group's core focus— whether it is the best of local or international general entertainment or the most exciting sport events.

In the past six months, the Group produced 2,763 hours of local content, bringing its local content library to 86,215 hours.

SuperSport reinforced its reputation as a global leader in sport broadcasting with extensive coverage of the Paris 2024 Olympic Games, EURO 2024, and the ICC T20 Men's World Cup. Over the past six months, SuperSport has broadcast 10,240 live events and provided a total of 21,540 hours of live coverage, a 22% increase YoY. 

SuperSport Schools doubled its user base and crossed a milestone of one million registered users on its app, delivering over 35,000 hours of content over the past six months.

Business segments

As a mature business, MultiChoice South Africa is focused on subscriber retention and reconnections, identifying remaining growth opportunities, as well as optimising processes and systems to improve customer experience and operational efficiency.

In the Rest of Africa business, the Group is implementing several initiatives to support improved financials, including price adjustments to counter the impact of inflation, renegotiating content deals where feasible, restructuring select packages to enhance ARPU, optimising the DTT network, and intensifying anti-piracy initiatives.

In FY25, Showmax is focussed on enhancing its content line-up, bedding down distribution partnerships, expanding payment channel integrations and refining its go-to-market strategy.

Irdeto delivered encouraging revenue growth, after securing a major customer in Asian and expanding managed services with a key customer in Australasia.

KingMakers continued to gain strong momentum in Nigeria, where BetKing Nigeria has secured the second position in the online betting market. SuperSportBet, the South African business launched late last year, is showing early signs of success and reported a remarkable tenfold increase in net gaming revenue over the past nine months.

Moment, now live in 40 African countries, has shown rapid growth since its launch last year, with total payment volumes (TPV) growing to USD242m. It is already processing almost 30% of the Group's payments.

Looking Ahead

The Group continues to invest in its long-term future, focusing on the following strategic priorities:

  • Improving profitability and cash generation in the South African business.
  • Streamlining the cost base in the Rest of Africa to return this business to profitability.
  • Investing in Showmax to establish it as the leading streaming platform on the continent.
  • Supporting KingMakers, Moment and DStv Insurance to drive scale.

By executing well on these objectives, the Group will be well positioned to deliver future growth and create value as Africa's leading video entertainment platform and most-loved storyteller.

Distributed by APO Group on behalf of MultiChoice Group.

Read moreMultichoice Group Maintains Strategic Momentum Despite Macroeconomic Challenges
12 November 2024

KZN commits to economic development, investment growth toward 2030

Location: News

KZN commits to economic development, investment growth toward 2030

KwaZulu-Natal Premier, Thamsanqa Ntuli, has underscored the commitment to economic development, trade, and investment growth toward 2030, aligned with the province's broader strategic priorities.

Ntuli reiterated the province’s commitment during the KwaZulu-Natal Trade and Investment Conference currently underway at the Inkosi Albert Luthuli International Convention Centre in Durban.

The two-day conference, which started on Monday, aims to promote, brand, and market KwaZulu-Natal as an investment destination, identify and develop investment opportunities, among others.

The conference brings together investors, government leaders, and industry captains to explore and amplify the province’s status as a top investment destination.

Delivering his keynote address on Monday, Ntuli highlighted that over the past decade, KwaZulu-Natal has attracted significant investments in key sectors, especially through developments at the Durban and Richards Bay Ports, two of Africa’s largest and busiest maritime hubs.

“Enhanced container capacity, automation, and infrastructure upgrades have strengthened KZN’s position as a regional logistics powerhouse. Similarly, the Dube Trade Port, adjacent to King Shaka International Airport, has drawn over R2 billion in investments, cementing its role in warehousing, logistics, and agriculture, including the Dube AgriZone, a major hub for export-focused agri-business,” Ntuli said.

Reflecting on the 2019 Provincial Trade and Investment Strategy’s achievements and areas for intensified effort, Ntuli said the strategy targeted R76 billion in new and expansionary investments by 2024. This is alongside the creation of approximately 68 000 jobs and an increase in the province’s national export value to R1.28 trillion.

While projections indicate that the targets may not be fully met by the year’s end, the Premier emphasised the need to redouble efforts in investment initiatives.

“The Richards Bay Industrial Development Zone (RBIDZ) has fuelled growth in heavy industry and energy, particularly in metals like aluminium and steel, generating jobs and boosting export potential.

“Renewable energy investments, particularly in biomass and solar, have diversified KZN’s energy landscape, with biofuel production from the sugarcane industry enhancing the province’s green economy credentials.”

Growth in the agricultural sector

The Premier also highlighted the province’s strong agricultural sector, which has attracted investments in agro-processing, and supporting industries including sugar refining, dairy processing, and timber.

The Premier said this growth is further supported by a thriving food and beverage industry, pharmaceutical, and packaging sectors, benefiting from proximity to key ports and an expanding consumer base.

Tourism

He said tourism also remains central to KZN’s economy, supported by new hospitality investments, including the reopening of the international Hilton Hotel and the Durban Beach promenade renewal.

READ | Mayor welcomes re-opening of the Hilton Hotel in Durban
 

Noting KZN’s absence from many long-haul tourist packages, Premier Ntuli stressed the importance of positioning the province as a key destination for international tourism.

Ntuli highlighted several strategic assets crucial to the province’s competitive advantage, and these include expanded port capacities, Special Economic Zones (SEZs) like Richards Bay and Dube TradePort, and streamlined regulatory and tax incentives to attract foreign and local investments.

The Premier urged stakeholders to seize the opportunities presented by the African Continental Free Trade Area (AfCFTA), which offers KZN unprecedented access to a $3.4 trillion market.

Partnerships 

The Premier also addressed issues in freight rail services and port bottlenecks, emphasising that public-private partnerships could unlock efficiencies.

He further called attention to KZN’s role in automotive manufacturing, underscoring opportunities in electric vehicle (EV) component production to tap into Africa’s growing EV market.

“Sustainable growth initiatives, including green hydrogen, biomass, and digital innovation, are essential for positioning KZN as a leader in the renewable and digital economies. Collaboration with local universities and technology firms is building a skilled workforce to support industries like IT, finance, and business outsourcing, further enhancing KZN’s role as a technology and logistics hub,” Ntuli said.

The Premier emphasised the importance of resilient infrastructure, including sustainable energy investments, and inclusive growth that extends to all municipalities, cities, and rural areas.

He issued a call to action for deeper engagement with rural and municipal stakeholders, ensuring these areas are active participants and beneficiaries in KZN’s economic growth. – SAnews.gov.za
 

 

GabiK
Tue, 11/12/2024 - 13:35

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Read moreKZN commits to economic development, investment growth toward 2030
12 November 2024

City of Johannesburg to implement water restrictions

Location: News

City of Johannesburg to implement water restrictions

The City of Johannesburg is set to implement the throttling of water supply between 9pm and 4 am.

Set to come into effect on Thursday, the move aims to enable reservoir levels to recover overnight.

The announcement was made by Water and Sanitation Minister, Pemmy Majodina, during a media briefing held in Johannesburg on Monday. This followed an urgent meeting held on Sunday to address the challenges of water in the City of Johannesburg.

Majodina reported that the Sunday meeting reached a unanimous agreement on the causes of the water supply interruptions and what needs to be done to restore a stable water supply to residents of Johannesburg.

The Minister noted that the 2023 No Drop report found that the average consumption of water in Gauteng to be 279 litres per person per day.

“This is 60% above the world average of 173 litres per person per day, which is an anomaly given that South Africa is a water-scarce country with limited sustainable water resources and amongst the top 30 driest countries globally.”

The 2023 No Drop report also found that water losses in Johannesburg were sitting at 35%, compared to the international norm of 15%.

The No Drop programme focuses on water conservation and demand management, aimed at ensuring that water distribution systems function effectively.

Majodina said reducing water losses requires a multi-pronged approach by the city. 

This includes amongst others, improving billing and revenue collection to increase the funds available for maintenance and to provide better incentives for water to be used efficiently, improving pressure management and replacing ageing pipes which burst frequently.

The department, Rand Water, provincial government, and all Gauteng municipalities, are working together with civil society leaders, business leaders and experts to implement a large-scale communications and awareness campaign regarding the need to use water more sparingly.

“The meeting noted that an independent body called the Platform for a Water Secure Gauteng has been established to manage this campaign and that, as a first step, a dashboard has been created on the Department of Water and Sanitation website to provide the public with detailed information on the status of water supply in Gauteng,” Majodina said.

Meanwhile, measures currently being implemented by Johannesburg Water, in a bid to save water include:

•     Throttling of water supply between 9pm and 4am, to enable reservoir levels to recover overnight. The city intends to implement this continuously from 14 November until the system has fully recovered.

•    Procurement of a panel of contractors for emergency repairs of large diameter pipe water leaks as well as increasing the number of teams on standby during the week to address leaks and burst pipes.

•     Increasing the number of repair and maintenance teams on duty during the weekend with the aim of improving leak repair response times from 48 hours to 24 hours.

•     Increasing the number of trucks available to its leak repair and maintenance teams.

•     Implementing cut-offs of illegal connections in key informal settlements.

•     Implementing advanced pressure management systems, including the installation of 45 Smart Pressure Controllers (pressure reducing valves), in addition to the 15 which have been refurbished and retrofitted to date. This is aimed at reducing water losses at night when demand is low, which will substantially reduce water losses.

•     Accelerating leak detection (to date, 12 100km water pipelines have been surveyed and 2 396 burst pipes, 6 727 leaking meters, 442 leaking valves and 259 leaking hydrants were identified and repaired.) This intervention has provided an estimated water demand reduction of 9 457 million litres per annum.

•    Working with National Treasury to put in place a Public Private Partnership for the reduction of non-revenue water, to mobilize private sector funding and expertise for reducing non-revenue water.

“The political leadership in the three spheres of government are confident that these measures will be implemented with the necessary urgency. It was agreed that similar meetings will be held every Sunday to monitor progress,” Majodina said. – SAnews.gov.za

 

 

GabiK
Tue, 11/12/2024 - 12:11

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Read moreCity of Johannesburg to implement water restrictions
12 November 2024

How People in Namaqualand Are Keeping the Nama Language Alive

Location: News

A radio station and a school teaching Nama hope to stop the language from going extinct

Read moreHow People in Namaqualand Are Keeping the Nama Language Alive
12 November 2024

Electricity and Energy Minister steps in to resolve Eskom, City Power impasse

Location: News

Electricity and Energy Minister steps in to resolve Eskom, City Power impasse

A high-level engagement convened by the Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, and City of Johannesburg (CoJ) Mayor Dada Morero with Eskom executives and City Power has resulted in an agreement aimed at averting a potential electricity crisis in the city.

This follows an Eskom statement last week announcing that it had served the city and City Power with a notice of intention to interrupt power supply at certain pre-determined times of the day due to non-payment of debt.

According to Eskom, the CoJ and City Power owe nearly R5 billion in unpaid bulk electricity supply, plus a further R1.4 billion, which Eskom said will become due and payable at the end of this month.

In response, the City of Johannesburg subsequently called the move by Eskom “unjust, counterproductive, and potentially harmful to… residents and businesses”.

In a statement following the meeting between the Minister and the parties, the Department of Energy and Electricity said the following principles of engagement had been agreed upon by all:

  • The respect for inter-governmental framework characterised by an honest and concerted effort to exhaust all internal process. 
  • The User Pay Principle, where in an event of a dispute, the user is still obligated to pay whilst a resolution process is underway, decoupling the obligation to pay from and a billing query. 
  • The service provider has an obligation to ensure accurate billing.
  • An appreciation that there can be no unilateral implementation of an action or more than one version of what the facts are.

Furthermore, resolutions were reached by the parties in order to resolve the impasse between the two.

“The first resolution is on the appointment of independent technical capacity to evaluate and validate the credibility of the bill levied by Eskom to City Power. In this regard, both parties have agreed that The South African Energy Development Institute will undertake this process. 

“The second resolution is on a 14 days turnaround timeframe for the assessment report to be presented to all parties, the set date being 25 November 2024. 

"The third resolution is that City Power will pay the current account in order for the notice of intention to interrupt power supply to the City of Johannesburg, issued by Eskom, to be withdrawn. 

“Lastly, is the agreement on the importance of the Minister and the Executive Mayor to assure business and households that there is no crisis. The Minister and the Executive Mayor further expressed their appreciation of the willingness of the two parties to work together to ensure the uninterrupted provision of services to the country's economic nerve centre and its residents,” the department said. – SAnews.gov.za

NeoB
Tue, 11/12/2024 - 10:48

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Read moreElectricity and Energy Minister steps in to resolve Eskom, City Power impasse
12 November 2024

This Mobile Provider Is Failing to Implement RICA Law

Location: News

me&you mobile allows eSIMs to be activated within minutes using false information

Read moreThis Mobile Provider Is Failing to Implement RICA Law
11 November 2024

Government activities for the week 11 – 15 November 2024

Location: News

Government activities for the week 11 - 15 November 2024

On Monday, 11 November, the Department of Basic Education has invited members of the media to the Partnerships for Education Business Breakfast, hosted by the Minister of Basic Education Siviwe Gwarube at Wanderers Club, 21 North Street, Illovo, Johannesburg.

Also on Monday, the Minister of Mineral and Petroleum Resources Minister Gwede Mantashe will deliver a keynote address at the Mintek 90 Conference to be held at the Sandton Convention Centre on 11 and 12 November 2024.

On Tuesday, 12 November, Statistics South Africa will release the Quarterly Labour Force Survey results for the third quarter of 2024 at a media briefing in Tshwane.

On Wednesday, 13 November, the 2024 Border Management Conference and Expo takes place and the CSIR International Convention Centre, Pretoria.

On Thursday, 14 November and on Friday, 15 November, there are no confirmed events.

 

Janine
Mon, 11/11/2024 - 10:40

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Read moreGovernment activities for the week 11 – 15 November 2024
11 November 2024

Youth could be Africa’s most valuable resource, says Minister

Location: News

Youth could be Africa’s most valuable resource, says Minister

Africa’s vast youth population could be the continent’s most valuable asset, potentially transforming it into a global leader in innovation, industry and economic development.

With over 60% of Africa’s population under the age of 25, Basic Education Minister Siviwe Gwarube said the continent stood on the cusp of a youth-driven growth wave that could fuel its economies and contribute to global prosperity. 

The realisation of this immense potential depends on one fundamental factor - which is education.

“If we are to transform our continent’s demographic advantage into a true growth engine, we must ensure that Africa’s young people are equipped with the skills, knowledge, and abilities they need to thrive in a rapidly evolving global economy. 

“This is both our challenge and our opportunity. Africa’s youth have the potential to form the largest working-age population in the world by the year 2063, but that will benefit the continent only if they are adequately educated and skilled to meet the demands of tomorrow’s industries,” Gwarube said. 

The Minister was addressing the Partnerships for Education Business Breakfast held at the Johannesburg Council for The Disabled in Lenasia on Monday. 

The Partnerships for Education Business Breakfast is designed to foster meaningful dialogue and establish partnerships to alleviate budgetary constraints in the education sector. 

The event convened 100 business leaders from the private sector to discuss collaborative strategies to crowd in private sector resources to improve educational outcomes in South Africa. 

The breakfast included presentations, panel discussions, and networking opportunities for leaders committed to investing in education as a foundation for economic growth and social progress.

Gwarube praised the potential of Africa’s youth to be the productivity drivers and innovators of tomorrow.

The Minister added that the youth represent Africa's future, as a driver of global progress and they are already demonstrating remarkable resilience and adaptability.

She said the young Africans are technologically savvy, innovative, and highly motivated, and they bring energy, optimism, and creative problem-solving to every sector they touch. 

“Even when stats show that ours is a continent with the lowest levels of connectivity, young people are leveraging digital technology, they are leading the thinking on renewable energy out of sheer necessity of energy poverty, and are leading social entrepreneurship to bridge the gap in what economists refer to as the bottom of the pyramid consumer market. Young Africans are pushing boundaries and setting trends,” the Minister said. – SAnews.gov.za

 

DikelediM
Mon, 11/11/2024 - 14:36

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Read moreYouth could be Africa’s most valuable resource, says Minister
11 November 2024

Private sector an important player in education sector

Location: News

Private sector an important player in education sector

Basic Education Minister Siviwe Gwarube has called on the private sector to consider taking their involvement in the education sector to the next level. 

The Minister highlighted that the private sector has the resources, expertise, and capacity to make an enormous impact on the education landscape. 

In addition, the country has seen more private sector entities involved in education initiatives investing in infrastructure, providing technology, supporting teacher training, and even partnering with educational institutions to design relevant, future-oriented curricula. 

The Minister was addressing the Partnerships for Education Business Breakfast held at the Johannesburg Council for The Disabled (JOCOD) in Lenasia on Monday. 

The business breakfast was designed to foster meaningful dialogue and establish partnerships to alleviate budgetary constraints in the education sector. 

Minister Gwarube used the event to outline her strategic priorities for the seventh administration and to discuss how the public-private sector collaboration can drive sustainable improvements in the education system.

“Today, I want to call on our private sector partners to consider taking their involvement in the education sector to the next level. 

“As South Africa’s seventh administration in the Government of National Unity [GNU], we are fully committed to improving education outcomes across the country. 

“We recognise that this cannot be achieved by government alone. The private sector has a significant role to play, and we are here to facilitate, support, and collaborate with you in ways that make the greatest impact,” she said, adding that a step-change investment in education means more than just financial support, it means active participation. 

The Minister invited the private sector partners to work closely with the Department of Basic Education (DBE) to co-create programs that build the skills needed for a competitive and productive economy. 

“We need your input, your insights, and your innovation to help shape our education system in a way that prepares learners for real-world challenges and opportunities.”

Investing in quality education

With the country having ushered in a GNU in May, the Minister emphasised that education was an important issue that everyone can agree on, regardlessof their political inclinations.

She said every single South African has a vested interest in the quality of the nation’s education sector while adding that since the dawn of democracy, much has been done to provide access to basic education.

However, 30 years later, she said the nation now needed to shift its focus to quality education.

The Minister referred to an international study that revealed that about the 80% of learners who were tested (as a sample) could not read for meaning in any language.

While this was a small sample, she said that this was gravely concerning.

“If we do not fix literacy – which is reading, writing and counting – the DBE had failed on its core function. This is why every single priority in the seventh administration speaks to this goal.

“We must make sure through early child learning; we can achieve the goal of reading for meaning by Grade 4. Government has a tendency to focus only on the quality of outcomes like the matric pass rate – but not on the foundations of learning.

“I endeavour to reorientate this planning and thinking. Let us get the basics right and we will achieve a great deal in the education sector,” the Minister said. 

Minister Gwarube emphasised that quality education is the foundation upon which the country can build a prosperous future. 

“It is the tool that will empower our young people to innovate, to lead, and to contribute meaningfully to their communities and economies. 

“However, to achieve this, our education systems must be strong, inclusive, and responsive to the needs of a modern workforce.”

She further emphasised the need to provide not only foundational literacy and numeracy but also the skills necessary for the jobs and challenges of the 21st century which are digital literacy, critical thinking, adaptability, and creativity.

Priorities 

Touching on the priorities, the Minister said the 7th Administration has identified several key priorities which include improved access to and strengthen the quality of Early Childhood Development (ECD). 

“A strong foundation is important for literacy and numeracy. Early Childhood Development sets the stage for lifelong learning and personal development. We want every child in South Africa to leave our ECDs with a solid foundation in reading and counting,” the Minister said. 

Other priorities are improving literacy and numeracy across all phases of schooling, special education, accelerated teacher development and safety in schools. 

“Learners need safe, conducive environments where they can focus on their studies without interruption. This includes basic facilities such as dignified flushing toilets, but also learning environments free from crime, extortion rackets, contaminated food products and other dangerous chemical,” she said. 

The Minister noted the high number of learners who have fallen ill and children from Naledi in Gauteng who tragically lost their lives due to food bought from local spaza shops and consumed on school premises. 

“Last week Wednesday I began a process to ban the dangerous chemical known as organophosphate from all schools in South Africa. This is a proactive measure to prevent the risk of this chemical ever being used as a pesticide in any of our schools,” she said.

READ | Food poisoning incidents managed at highest level, says President Ramaphosa
 – SAnews.gov.za

DikelediM
Mon, 11/11/2024 - 14:39

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Read morePrivate sector an important player in education sector
11 November 2024

Food borne poisoning claims 23 lives

Location: News

Food borne poisoning claims 23 lives

Twenty-three people in Gauteng have died as a result of food borne-related poisoning after consuming food from spaza shops.

The majority of the deaths have been children between the ages of six and nine.

This is according to Premier Panyaza Lesufi who on Sunday updated residents on the implementation of by-laws to govern spaza shops.

“The first uniform approach across the province was to adopt a mechanism of reporting because we have so many deaths that are taking place that we want to isolate those that are food borne and those that need our immediate attention.

“The Department of Health has been given that task. They’ve given us their preliminary report, and in that report, they’ve indicated that the deaths that have been registered thus far. Today, we can confirm that we are at 23 [deaths] which is a sad thing,” he said.

He added that a large number of the incidents occurred within schools with the rest being within the community.

Furthermore, at least 441 cases of food poisoning have been reported throughout the province.

“Some of the people were either discharged or they just showed the symptoms of vomiting, stomach aches and related,” Lesufi said.

The Premier said from now on, the provincial government will “develop a template” that will be used by medical facilities, schools and community centres so that the province “can be in a position to track the areas that need immediate attention”.

“The Department of Health…will then develop a common template that will be utilised as a mechanism and then we’ll utilise the law enforcement agencies in terms of the cases that they have to ensure that we have the right figures.

“To us this is important because that becomes the base level of understanding the problem and it becomes the area in which we can record, trace and where intervention is needed, we can be in a position to make that intervention.”

Cracking down

Lesufi told the media that the provincial government has taken the decision to ban an agricultural pesticide that has been found to be at the root of some of the deaths.

“The MEC for Agriculture [Vuyiswa Ramokgopa] will formulate the approach on how to deal with that substance. We have agreed…that that substance is banned in our province and that it must not be found in any shops, it must not be found in any informal traders and that the law enforcement agencies will assist us to eliminate it where possible.

“But those that are authorised…the Department of Agriculture will be the institution that will give the licensing and the permission to utilise that,” he said.

The Premier added that because by-laws across municipalities are different in managing businesses – including spaza shops – a new uniform approach will be used.

“We have now formally adopted a draft gazette that was signed by the Minister of CoGTA [Cooperative Governance and Traditional Affairs, Velenkosini Hlabisa]. All municipalities in our province, without exception, will now adopt this gazette. These are new by-laws that have been developed nationally. 

“These by-laws explain how to register a business, how business should conduct themselves and all those related matters. [This] makes it easier for law enforcement agencies to monitor.

“The next resolution we have taken is the registration of businesses. All businesses – especially that are affecting the issue of our children – have to re-register. That’s the process that will also empower those that want to open or operate businesses, but they don’t have the financial muscle or the facilities,” he said.

Lesufi announced that stakeholder meetings are expected to be held to discuss the challenges.

Speaking at the District Development Model (DDM) Presidential Imbizo on Friday, President Cyril Ramaphosa assured the public that the issue is being addressed at the highest levels of government. 

READ | Food poisoning incidents managed at highest level, says President Ramaphosa

In his address, President Ramaphosa highlighted government's serious approach to the matter. 

The Department of Basic Education (DBE) said it was working with the Department of Health to develop safety guidelines for schools to effectively mitigate the risks of organophosphate pesticide exposure in school environments.

READ | Basic Education works to develop school safety guidelines

- SAnews.gov.za

NeoB
Mon, 11/11/2024 - 10:51

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Read moreFood borne poisoning claims 23 lives
11 November 2024

Former Lottery Executive Fired After Disciplinary Hearing

Location: News

A number of dismissed lottery officials who have lodged appeals, as well as suspended officials, continue to draw salaries

Read moreFormer Lottery Executive Fired After Disciplinary Hearing
11 November 2024

Hlabisa gazettes standard draft by-law to empower township economies

Location: News

Hlabisa gazettes standard draft by-law to empower township economies

The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, has introduced a new Standard Draft By-Law for Township Economies.

This by-law, issued in accordance with the Local Government: Municipal Systems Act of 2000, aims to create an enabling environment for small businesses in townships, supporting economic inclusion, job creation and community empowerment.

“The new by-law is a bold statement of CoGTA’s commitment to transforming townships into vibrant economic hubs that provide sustainable opportunities for residents. 

“This regulation is designed to harmonise township business ecosystems by providing standardised norms and facilitating easier entry and operation for formal and informal businesses,” the department explained. 

The department said the regulation also supports businesses with tailored resources, including permit registration processes and designated trading spaces, ensuring streamlined operations within municipal jurisdictions. 

The key features of the by-law include enhanced freedom for business activities, which means any individual with a business license may now conduct business within designated areas, subject to local quotas that ensure equitable opportunities for South African citizens and residents. 

“This regulation aligns with the constitutional right to freedom of trade, supporting entrepreneurial efforts that contribute to township vitality.” 

The by-law also touches on designated business zones where municipalities are empowered to establish business zones, creating spaces specifically tailored to retail, industrial, and mixed-use enterprises. 

It also speaks of business support and capacity building and simplified permitting and registration.

“The new standard draft by-law introduces an efficient permit and registration system that provides clear guidelines for businesses, including both physical and online access to application forms. 

“Municipal officials will assist applicants in the process, ensuring timely approvals and smooth operations for new and existing businesses.” 

According to the department, the new Standard Draft By-Law for Township Economies will also cover safety and compliance assurance and inclusive growth strategy. 

“The by-law mandates that all business activities align with public health and safety regulations. Regular inspections and public awareness campaigns will ensure that township businesses uphold the highest standards, protecting both entrepreneurs and the communities they serve.”

Hlabisa said the by-law was more than just a regulatory tool. 

“It reflects our vision for township economies as key contributors to South Africa’s growth. Through inclusive, streamlined, and supportive governance, this initiative lays a foundation for sustainable economic activity in historically underserved areas, empowering individuals to participate meaningfully in the economy,” the Minister added. 

CoGTA said it remained dedicated to engaging communities and stakeholders in the implementation of this by-law, ensuring that its benefits reach every corner of South Africa’s townships.

The full gazette can be accessed at https://www.cogta.gov.za/index.php/docs/local-government-municipal-systems-act-2000/. – SAnews.gov.za
 

Gabisile
Mon, 11/11/2024 - 11:52

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11 November 2024

COP29 expected finalise financing model for developing economies

Location: News

COP29 expected finalise financing model for developing economies

With the United Nations Framework Convention on Climate Change (COP29) taking place this week, South Africa expects the COP29 Presidency to enhance efforts to finalise the New Collective Quantified Goal on Finance (NCQG), which is a matter of great importance for developing economies.

“As I have said before, the current financing mechanisms have proven insufficient in scale and effectiveness, highlighting the urgency for a new financing model,” Minister of Forestry, Fisheries and the Environment Dr Dion George said on Sunday.

The Minister expressed confidence in the South African delegation who will be participating in the COP29 as they departed to attend the conference.

COP29 kicks off on Monday, 11 November and will conclude on Friday, 22 November in Baku, in Azerbaijan.

George will join the South African team in Baku as head of the delegation this week.

READ | SA prepares for UNFCCC COP29

COP29 is expected to focus on intensifying efforts to quantify resources for developing countries to meet ambitious climate targets under this year’s theme of “In Solidarity for a Green World.”

The climate change conference takes place at a critical moment of intensifying geopolitical tensions, heightened trade protectionist measures, and divisive approaches on issues such as carbon border adjustments.

COP29 is expected to build on strong leadership and outcomes from Dubai COP28.

The incoming COP29 Presidency has set ambitious priorities and the two-day summit at the start of the conference will get proceedings underway, by bringing together global leaders to raise awareness and accelerate climate action.

“Another key issue for South Africa and other developing economy countries is the adoption of Article 6.4 rules that will allow the immediate implementation of carbon market measures and unlocking new projects that contribute to economic growth, decarbonization of value chains and job creation.

“By establishing transparent and robust mechanisms under Article 6, we can enable countries to work together more effectively,” the Minister said.

George will be co-chairing discussions on mitigation together with his Norwegian counterpart and in their consultations, the Ministerial Pair will be engaging with parties and all negotiating groups to conduct informal consultations on concrete issues related to overcoming barriers and complexities in implementing countries’ Nationally Determined Contributions (NDC) as well as the necessary means of implementation to achieve the 1.5-degree goal and net-zero decarbonisation in 2050.

The NDC cover adaptation, mitigation as well as finance and investment requirements and is based on equity.

George, and his counterpart from Norway, Minister of Climate and Environment Tore Onshuus Sandvik, have been appointed to steer informal consultations on mitigation before and during the COP29.

The Ministerial Pair was appointed by COP29 President-designate and Minister of Ecology and Natural Resources in the Republic of Azerbaijan, Mukhtar Babayev.

READ | SA, Norway Ministers to drive talks on climate change mitigation

“I have full confidence in our negotiating team, and I encourage all South Africans to follow proceedings on all online platforms. I look forward to joining the team shortly,” George said.
Once again, South Africa will be hosting a South African exhibition pavilion at the climate change talks in partnership with the National Business Initiative (NBI).

During the conference a number of dialogues and side events are to be hosted at the Pavilion to showcase the work being done by various South African organisations to raise awareness, adapt to, and mitigate, climate change. -SAnews.gov.za
 

nosihle
Mon, 11/11/2024 - 09:23

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10 November 2024

SANPC Launches Global Investor Roadshow

Location: News
African Energy Chamber

The newly-sanctioned South African National Petroleum Company (SANPC) kicked off its global investor roadshow at African Energy Week: Invest in African Energies on Thursday, inviting investors and governments to engage with South Africa's oil and gas prospects, while showcasing strategic plans for the new entity.

Speaking on the rationale behind the creation of the SANPC, South Africa's Minister of Mineral and Petroleum Resources, Gwede Mantashe, emphasized the need to rationalize and consolidate the country's many state-owned enterprises. The aim is to maximize efficiencies, streamline the sector, reduce costs and prioritize petroleum development as a catalyst for economic growth.

“The focus is to drive economic growth and development. We want it to grow – we want to get into fossil fuels. We must do it. [We want to] improve operational efficiencies, scale of market and market share,” said Minister Mantashe.

The SANPC operates under a broad mandate to acquire, generate, manufacture, market and distribute all forms of energy, including crude oil, natural gas, coal, renewable energy and biofuels. South Africa's extensive coal bed methane and shale gas resources were highlighted, including the gas-rich Karoo Basin and the Saldanha Bay gas-to-power project. The country also benefits from deep-sea ports, robust infrastructure and a favorable regulatory framework, with the potential to create synergies with nearby oil and gas producers such as Mozambique and Angola.

“We need to start thinking as a region instead of as countries,” said Godfrey Moagi, CEO of SANPC.

South Africa's refining capabilities were also emphasized as a critical priority, with enhancing the country's liquid fuels security identified as a matter of national security and strategic interest. The SANPC stated that in 2024, South Africa is expected to import 70% of its manufactured liquid fuel needs.

“This has put the country at risk, and we are dealing with issues of security of supply. We need to prioritize commercial sustainability for the entire CEF Group to drive economic recovery,” said Moagi. “In South Africa, we import $2.5 billion of crude oil and products. The SANPC is going to change this, so that South Africa looks differently.”

“[Reviving] refining capacity reduces the risk on petroleum supply. We must cushion it with our own refining capacity,” said Minister Mantashe.

Following its formation in 2024, the SANPC will enter its second phase of operationalization in 2025, which includes forming strategic partnerships and alliances, operationalizing its assets, and optimizing its business and service model. Starting in 2026, the company plans to enter its growth phase, deploying an integrated “New Energy” growth strategy, developing and optimizing assets, expanding its portfolio, diversifying revenue streams and advancing its technology and innovation strategy.

The SANPC will host a series of upcoming roadshows spanning Africa, Europe and the Middle East, organized by Energy Capital & Power.

Distributed by APO Group on behalf of African Energy Chamber.

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10 November 2024

Limpopo Premier welcomes R120bn in investment pledges

Location: News

Limpopo Premier welcomes R120bn in investment pledges

Limpopo Premier, Dr Phophi Ramathuba, has welcomed the R120 billion in pledges made at the province’s fourth investment conference. 

The conference was held last week in Polokwane.

“We extend our heartfelt thanks to the business sector and all industry leaders, who have partnered with us to uplift our province. 

“These pledges are an important step in transforming Limpopo’s economic landscape, and we are confident that this partnership will bring substantial benefits to the people of Limpopo, who need access to enhanced services and opportunities,” Ramathuba said. 

In a statement after the conference, the provincial government explained that the pledges will propel the province’s development goals.

“The pledged investments are aimed at fueling priority areas for Limpopo’s development, including green energy initiatives, critical infrastructure projects and catalytic ventures that will stimulate industrial growth and support the establishment of industrial parks. 

“These projects are expected to create numerous jobs, ranging from short-term positions to full-time employment opportunities, significantly impacting local communities.

“Implementation of projects funded by these pledges will commence on 24 November 2024 and continue through October 2025. This commitment from the business sector shows the strong support for the province’s seventh administration and its focus on sustainable development and economic resilience,” the statement read. – SAnews.gov.za

NeoB
Sun, 11/10/2024 - 09:45

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8 November 2024

Imbizo a “demonstration of GNU at work”

Location: News

Imbizo a "demonstration of GNU at work"

President Cyril Ramaphosa has hailed the KwaZulu-Natal District Development Model (DDM) Presidential Imbizo as a powerful example of the Government of National Unity (GNU) in action. 

The President underscored the collaborative efforts of various political leaders to address pressing community issues. 

Addressing community members at the Umnini Sportsfield in Umgababa, the President said the imbizo was a fairly productive session. 

“As I end, I think we have held a fairly productive imbizo session. Today has been a clear demonstration of how our Government of National Unity is also working. I have Ministers from our various political parties that are part of the GNU. 

“I would like to thank them all and I want all the parties in the GNU to see the value of izimbizo. They are important because they enable us to interact with our people and hear their views, and answer their questions and at the same time, follow up on their issues that they have raised,” the President said. 

The Presidential Imbizo is a platform for communities to interact with government leaders from all three spheres of government on service delivery challenges, and for the executive to respond to the community on what they are doing to resolve those issues. 

Community members gathered at the Umnini Sportsfield raised issues such as crime, unemployment, the rising cost of living and matters concerning education. 

The South African Democratic Teachers Union asked President Ramaphosa to intervene on the issue of safety and security at KwaZulu-Natal schools, highlighting previous incidents where teachers were attacked, shot and killed at schools.

Before the Ministers took to the podium to respond to the above issues, President Ramaphosa apologised for the delayed start due to technical issues, stressing the need for better preparedness at such events.

Ministers in the GNU accompanying the President responded to the issues respectively and promised residents that they will follow up and provide solutions. 

Turning to the City of eThekwini municipality, the President also spoke about plans to rejuvenate Durban’s tourism sector, which has historically made the city the "holiday mecca" of South Africa. 

With tourism numbers currently in decline, President Ramaphosa expressed optimism for a revival through the planned reopening of key hotels like the Hilton and lease renewals for iconic establishments such as the Maharani and Elangeni.

“Durban has been the holiday mecca of our country. Many people from all over the country have always considered Durban when they needed to go on a holiday. 

“Tourisms in the province has gone down but the mayor has plans to revive big hotels such as the Hilton Hotel and the renewal of leases by Southern Sun of the Maharani and Elangeni Hotel.

“The business sector has pledged to invest billions of rands to revive tourism, so I am looking forward to the revival of tourism so that Durban can go back to being the jewel of South African tourism. It must once again become the mecca of tourism in SA,” the President said. 

Tourism Minister Patricia De Lille said that her department is working hard to rebuild the tourism sector in the province. 

“Tourism is a very important sector for this province. It is making a significant contribution to the GDP and economic growth of the province. The tourism sector has gone down in KZN, but we are working hard with the Presidential Task Team and the private sector to rebuild it.” 

The Minister said that she has already agreed with the KZN Premier that they will be meeting as a matter of urgency so they can see how they can work together with the plans of the province to do an aggressive marketing campaign to deal with all the negative perceptions around the province. 

“For the summer season, the department partnered with the private sector and already we have 440 private sector tourist attractions that are offering discounted deals for the summer season and I want to encourage all South Africans to look at the Shot left site and check the discounts,” de Lille said.

The President also drew attention to ongoing infrastructure challenges, particularly highlighting the partial collapse of a bridge on the N2 highway, which has disrupted local transportation. 

He expressed confidence in South African engineers, who have devised a plan to restore the bridge, calling it a testament to the country’s engineering expertise. 

“In the morning, I went to the N2 bridge that partially collapsed. The bridge is causing a lot of inconvenience for the people, as it is an important road on the N2," the President said. - SAnews.gov.za

DikelediM
Fri, 11/08/2024 - 19:08

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8 November 2024

NBA Africa and AFD Launch Youth Development Program in Senegal

Location: Sport
National Basketball Association (NBA)

- The “Jr. NBA & AFD Basketball Experience” Will Feature Weekly Basketball and Life-Skills Sessions to Educate Senegalese Youth About the Importance of Physical and Mental Wellness -

- AFD and NBA Africa Unveil Two Refurbished Basketball Courts in Guediawaye, Senegal -

- Former NBA Player and 2015 FIBA AfroBasket Champion Olumide Oyedeji Attends Launch - 

NBA Africa (www.Africa.NBA.com) and Agence Française de Développement (AFD), France's public development bank institution committed to financing and technical assistance for projects that improve the lives of people in developing and emerging economies, yesterday launched the “Jr. NBA & AFD Basketball Experience” youth development program in Guediawaye, Senegal.

The Jr. NBA & AFD Basketball Experience, launched in 2021 in Nigeria and subsequently also held in Kenya and Morocco, uses basketball as a platform to promote social inclusion and youth empowerment amongst primary and secondary school children.  In Senegal, the program will be operated by nongovernmental organization (NGO) Sports for Education and Economic Development (SEED) Project and feature weekly basketball and life-skills sessions that will educate thousands of Senegalese boys and girls about the importance of physical and mental health, wellness and social cohesion.

As part of the program's launch in Senegal, NBA Africa and AFD unveiled two basketball courts at The Hamo 4.5.6. Courts in Guediawaye and held a clinic for 150 boys and girls ages 16 and under.  The launch was attended by AFD Senegal Country Director Mihoub Mezouaghi; Basketball Africa League (BAL) President Amadou Gallo Fall; NBA Africa Director of Basketball Operations Kita Matungulu; and former NBA player and 2015 FIBA AfroBasket champion Olumide Oyedeji.

“Aware of the potential of sport as a vector of social cohesion, AFD has made it a strategic axis of its action to support the achievement of the Sustainable Development Goals,” said Mezouaghi. “It is in this dynamic that our collaboration with the NBA is part of what aims to promote the practice of sport in Africa through the provision of local infrastructure, the professionalization of sports educators and the organization of sports sessions, and education for young people.”

“The collaboration between NBA Africa and AFD continues to grow as we extend this initiative to reach more young people in new countries on the continent,” said Matungulu.  “The Jr. NBA & AFD Basketball Experience reflects our commitment to investing in the next generation of African youth and our belief that basketball teaches life lessons like the importance of physical and mental wellness that help children succeed on the court and in life.”

The refurbished courts, part of NBA Africa's commitment to build 1,000 basketball courts in Africa over the next decade, are expected to benefit thousands of boys and girls from the surrounding communities.

The Jr. NBA & AFD Basketball Experience is part of AFD and NBA Africa's collaboration to support basketball infrastructure and youth development across the continent and builds on the program's previous editions in Morocco and Nigeria, and its recent launch in Kenya.  To date, the program has reached nearly 90,000 boys and girls ages 12-17 and 460 coaches and physical education teachers.

The Jr. NBA/Jr. WNBA, the league's global youth basketball participation program for boys and girls, teaches the fundamental skills as well as the core values of the game at the grassroots level in an effort to help grow and improve the youth basketball experience for players, coaches and parents.  Jr. NBA/Jr. WNBA programming has directly reached more than 250,000 youth across Africa this year.

Distributed by APO Group on behalf of National Basketball Association (NBA).

Contacts:
Chumani Bambani,
NBA Africa PR & Communications,
cbambani@nba.com,
+27 65 548 1031

Francine Pipien,
AFD Senegal,
pipienf.ext@afd.fr

About NBA Africa:
NBA Africa is an affiliate of the National Basketball Association (NBA), a global sports and media organization with the mission to inspire and connect people everywhere through the power of basketball. NBA Africa conducts the league's business in Africa, including the Basketball Africa League (BAL), and has opened subsidiary offices in Cairo, Egypt; Dakar, Senegal; Johannesburg, South Africa; Lagos, Nigeria; and Nairobi, Kenya.  The league's efforts on the continent have focused on increasing access to basketball and the NBA through youth and elite development, social responsibility, media distribution, corporate partnerships, NBA Africa Games, NBA Stores, the BAL, and more.

NBA games and programming are available in all 54 African countries, and the NBA has hosted three sold-out exhibition games on the continent since 2015. The BAL, a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that concluded its fourth season in June 2024. Fans can follow @ NBA_Africa and @ theBAL on Facebook, Instagram, X and YouTube.

About AFD:
Agence Française de Développement (AFD) Group finances, supports and accelerates the transitions necessary for a more just and resilient world. It thus contributes to implementing France's policy on sustainable development and international solidarity. It is with and for communities that we build, with our partners, solutions in more than 160 countries, as well as in 11 French overseas departments and territories.

Our objective: to reconcile economic development with the preservation of common goods: the climate, biodiversity, peace, gender equality, education and health. Our teams are involved in more than 3,600 projects in the field, which are part of the commitment of France and the French people to fulfilling the Sustainable Development Goals. For a world in common.

AFD strongly believes in the power of sport as a lever to achieve the sustainable development goals. Since the launch of its sport for development strategy in 2019, AFD has invested more than €130 million in over 160 projects that use sport as a tool to promote access to education, gender equality, youth empowerment, health and social cohesion. In Senegal, the AFD group puts its entire range of financial instruments at the service of local economic and social development actors (state, public companies, private and financial sector, NGOs, etc.) to support an inclusive development model, creating jobs, promoter of sustainable infrastructure, and respectful of the environment.  Since 2012, 115 projects have been funded, representing a commitment of more than 2.2 billion euros.

AFD.fr

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8 November 2024

Extortion poses serious threat to State and citizens, says Mashatile

Location: News

Extortion poses serious threat to State and citizens, says Mashatile

Deputy President Paul Mashatile says an economy grappling with extortion, controlled by "ruthless gangsters", poses a serious threat to both government and law-abiding citizens.

“We have also responded to a related question in the National Assembly, highlighting the urgent need for government to take decisive action to deal with extortion-related criminality,” Mashatile said on Thursday.  

The Deputy President was responding to questions in the National Council of Provinces (NCOP) relating to several critical issues impacting South Africa’s township and rural economies. 

The Deputy President quoted Police Minister Senzo Mchunu, who in September spoke about township economic sabotage in four provinces. These provinces include mainly Gauteng, KwaZulu-Natal, the Western Cape and Eastern Cape. 

“According to the Minister of Police, these provinces carry 73% of crime levels in South Africa. The gravity of these crimes alone, including extortion, are of serious concern to government, and must be dealt with immediately,” said Mashatile.

He announced that the South African Police Service (SAPS) has since initiated the signing of cooperative agreements with provincial and local governments, which include operational plans that will provide details on the integration of resources against crime.

In addition, Extortion and Kidnapping Task Force Forums have been established in all affected provinces, which involve all the relevant stakeholders, including private business.

On the implementation of measures to deal with sabotage of basic service delivery, such as water and sanitation, by “unscrupulous” owners of water tankers, the Deputy President said the Departments of Water and Sanitation and Cooperative Governance and Traditional Affairs have intervened. 

According to the Deputy President, the two departments are assisting struggling municipalities with water tankers as a short-term intervention, while bulk water infrastructure challenges are being resolved.

“In addition to the challenge of construction mafia, which is rife all over the country, we have received reports of unscrupulous owners of water tankers, who are interfering with service delivery initiatives in municipalities, thus extorting money to rent their services, and some selling water to vulnerable communities.” 

He stressed that the State was encouraged by the work of Community Policing Forums, whistleblowers and community members, who are actively involved in addressing service delivery-related acts of criminality and extortion across all provinces that have been identified as hotspots. 

“However, much more needs to be done to resolve this challenge,” Mashatile said.

Township economy

Meanwhile, the country’s second-in-command said government is dedicated to transforming apartheid spatial planning by investing in critical industries such as manufacturing to revitalise and create much-needed jobs in the communities where people reside. 

According to the Deputy President, the Department of Trade, Industry and Competition (dtic) has developed the Industrial Parks Revitalisation Programme (IPRP), aimed at renewing and reviving South Africa’s old and abandoned industrial parks and driving employment in the manufacturing sector in townships and rural economies. 

He explained that this programme aims to support State-owned industrial parks and identify enabling opportunities for local manufacturing and value addition in marginalised communities. 

The Deputy President also highlighted the State’s programmes to support Special Economic Zones (SEZs), which are aimed at expanding economic activity in underdeveloped parts of South Africa. 

To date, he said there are 11 designated SEZs, nine of which are being supported by the SEZ Fund, and have generated investments amounting to R19.6 billion. – SAnews.gov.za

Gabisile
Fri, 11/08/2024 - 09:38

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Read moreExtortion poses serious threat to State and citizens, says Mashatile
8 November 2024

Eskom serves City of Johannesburg with power interruption notice

Location: News

Eskom serves City of Johannesburg with power interruption notice

Eskom has served the City of Johannesburg (CoJ) and its power utility, City Power, with a notice of intention to interrupt power supply at certain pre-determined times of the day.

This in accordance with the Provision of Promotion of Administrative Justice Act (PAJA).

According to Eskom, the CoJ and City Power owe nearly R5 billion in unpaid bulk electricity supply, plus a further R1.4 billion, which Eskom said will become due and payable at the end of this month.

“Despite all the avenues that Eskom explored and efforts to accommodate the CoJ, the matter has reached a point where Eskom can simply no longer afford to accommodate the CoJ without putting further financial strain on and harming its own business. 

“In terms of the Constitution and the Intergovernmental Relations Framework, the CoJ is supposed to cooperate and assist Eskom with fulfilling its mandate of ensuring that citizens have access to affordable electricity. 

"The CoJ has breached these obligations by not paying Eskom for the bulk electricity it supplies, making it almost impossible for Eskom to fulfil its mandate,” the power utility said.

Eskom is expected to issue a public notice to those affected to submit comments on why the power utility “should or should not proceed to interrupt electricity supply to the points mentioned in the PAJA notice”.

“A final decision on whether Eskom will proceed with the interruption will be communicated after a review of the representations received through the PAJA process on 12 December 2024,” the power utility said.

Eskom explained that municipal debt – which currently stand at some R90 billion – forces it to “borrow additional money... to fund operational costs”.

“Operational costs should be funded by revenue generated from electricity sales and not by borrowings. Borrowing money to fund operational cash shortfalls caused by the failure of municipalities, such as the CoJ, to pay Eskom for bulk electricity increases the costs of providing electricity exponentially. 

“Eskom’s financial sustainability and ability to supply electricity at affordable prices is contingent upon its ability to improve its balance sheet by increasing revenue and reducing expenses. Revenue can only be increased by collecting electricity debts and/or increasing electricity tariffs,” the power utility said.

Power struggle

Eskom has said the CoJ has “acknowledged its indebtedness to Eskom, but it refuses to pay the full amount of its monthly bill”.

“The CoJ alleged, without substantiating their claim, that Eskom is overbilling it on some of its supply points. 

“It is for this reason that the CoJ is applying, set-off against the monthly bills raised by Eskom, which is contrary to the electricity supply agreement and the agreements reached with its Chief Financial Officer (CFO), Rendani Sadiki, and the Chief Executive Officer (CEO) of City Power, Tshifularo Mashava, and City of Johannesburg Management. 

“In more than one meeting, it was agreed that the CoJ would continue to pay whilst the alleged overbilling is investigated. This undertaking has been reneged on,” Eskom said.

The CoJ and City Power hit back and said the city “strongly condemns this move as unjust, counterproductive, and potentially harmful to the residents and businesses of Johannesburg”.

“The CoJ has consistently demonstrated its commitment to meeting its financial obligations and has engaged with Eskom to address billing issues. However, Eskom has failed to provide clarity on disputed billing charges, forcing the city to seek legal recourse to protect the rights and interests of its citizens. 

“Contrary to Eskom’s claims, there are ongoing disputes regarding overbilling of over R3.4 billion, with a pending appeal and monthly declarations since July 2024. The city has repeatedly raised concerns about this continued overbilling, which Eskom has failed to address, placing additional strain on the city’s resources,” a statement from the City read.

Furthermore, the CoJ called on the national electricity provider to engage in “genuine, good-faith negotiations to resolve these matters constructively”.

“Eskom’s approach of ‘pay now and resolve disputes later’ in its dealings with the City of Johannesburg can no longer go unchallenged. There is also an option of [Intergovernmental Relations] to resolve intergovernmental disputes, which Eskom keeps disregarding. The City, in consultation with its legal counsel, will explore all available legal avenues to prevent any disruptions to the electricity supply. 

“We urge Eskom to reassess its stance and engage with the City in finding a mutually beneficial resolution. In the meantime, the City has formally requested that Eskom retract the Public Notice within five days. 

“The people of Johannesburg deserve reliable and efficient services, and we will not let Eskom's actions compromise their well-being. We remain committed to serving the best interests of our citizens and will take all necessary steps to protect their rights,” the statement concluded. – SAnews.gov.za

NeoB
Fri, 11/08/2024 - 10:20

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Read moreEskom serves City of Johannesburg with power interruption notice
8 November 2024

Boost for start-ups involved in space, Earth observation

Location: News

Boost for start-ups involved in space, Earth observation

Eight start-ups involved in space and Earth observation innovations have received funding through the Earth Observation Frontiers Enterprises Innovation Support Fund (NEOFrontiers EISF). 

Launched in 2021, the NEOFrontiers is an innovation funding mechanism designed to drive the growth of the local space sector through increased public investments. 

It seeks to stimulate collaboration, cooperation and innovation in the public and private South African Earth observation community.

The NEOFrontiers programme is managed by the South African National Space Agency (SANSA) and the National Research Foundation (NRF), and implemented with the support of Tuksnovation, the University of Pretoria's business and technology incubator. 

The programme subsidises enterprises with amounts ranging from R750 000 to R1 million for 12 months.

SANSA launched NEOFrontiers in 2021 through investment from the Department of Science, Technology and Innovation (DSTI). 

The first four NEOFrontiers projects were funded in 2022, while 2023 saw three start-ups supported. 

This year’s NEOFrontiers call saw eight successful start-ups submit brilliant proposals on mining, agriculture, infrastructure development, healthcare innovation, banking and financial institutions, as well as disaster risk reduction. 

These include Abiri Innovations, Agizo Solutions (Pty) Ltd, Aphelion World JV/Consortium, CreditAIs, Integrated Geoscience Solutions, Kgothatso Innovations, Regona Trading and YaAzi.

A total of 56 applications were received earlier in the year, 25 of which were eligible and allowed to pitch to an independent adjudication committee.

DSTI’s Acting Chief Director Itumeleng Makoloi said this programme unfolds at an opportune time when South Africa seeks to foster innovation.

“We need to create new ways of modernising areas such as agriculture, mining and manufacturing. We believe that this programme represents our shared vision to foster innovation, capacity building and strategic partnership across the public sector. 

"The joint efforts of DSTI entities, such as SANSA and the NRF, play a critical role in driving this vision.”

SANSA CEO, Humbulani Mudau, believes this platform will create a market pool for innovative solutions, for which space is a significant enabler and a value provider.

“I’m delighted to report that there is an equal split in gender representation. We have awarded the grant to start-up companies led and owned by four males and four females. This is good progress towards transforming the industry,” Mudau said. 

He said the NEOFrontiers is poised for greater strides in terms of direction and investments. 

“We’re indeed going to make this a flagship programme that will transform space-based ideas into relevant products and services that address societal and environmental challenges. As we do that, we’re going to be looking at increasing the competitiveness of the South African Earth observation industry for the benefit of the South African society.”

NRF CEO, Dr Fulufhelo Nelwamondo, is of the view that the initiative has the potential to gear small enterprises in the space sector to create job opportunities.

“The key focus is to support start-ups, SMMEs and entrepreneurs with funding. The reason for this is that we expect much more from our SMMEs to make sure that they can grow and employ more people.

“When they employ more people, there is an increase in new technology and service innovations coming out of their areas to a point that we can get even more people involved. Our rate of unemployment is increasing.”

The University of Pretoria’s Head of Innovation and Contracts Management, Advocate Lawrence Baloyi, said this has the potential to shape the future of South African space innovation. 

The next call to fund new SMMEs will be published before the end of 2024. – SAnews.gov.za

Gabisile
Fri, 11/08/2024 - 11:04

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Read moreBoost for start-ups involved in space, Earth observation
8 November 2024

Eskom, French development agency sign R125 million grant agreement

Location: News

Eskom, French development agency sign R125 million grant agreement

Eskom and Agence Française de Développement (AFD) have signed a R125 million grant agreement to support the development of the power utility’s Tubatse Pumped Storage System (PSS) project.

The hydro storage system project is located in the Elias Motsoaledi Local Municipality in Limpopo and has been billed as a top priority project by the Infrastructure South Africa Programme.

Eskom Group Chief Executive (GCE), Dan Marokane, said the grant will provide South Africa and the power utility with another pathway to achieve its low carbon economy goals.

“Without large-scale facilities such as Tubatse, the management of intermittent power from renewable energy–wind and PV [photovoltaic] –would be very difficult without the kind of intervention that pump storage systems offer,” he said on Thursday.

The GCE added that the power utility has “developed a pipeline of more than 20 GW of clean energy projects to diversify its energy mix and reduce its emissions related to fossil fuel generation”. 

“Over the next three years we have an ambition to execute at least 2GW of these projects. The clean energy projects will consist of a diversified capacity mix of renewable energy solar PV and wind, hydro, gas, nuclear and pump storage,” Marokane said.

The power utility described the Tubatse Pumped Hydro Storage System as a “mega installation with a power generation capacity of 1.5 GW” with a storage capacity of 21 GWh.

“Large-scale storage and grid services such as these are necessary to accommodate the rapid development of renewable energy in South Africa, as planned through the Just Energy Transition (JET) Investment Plan.

“Eskom plans to develop the Tubatse PSS project as a Public-Private Partnership and will intend to procure the services of a Transaction Advisor to conduct a thorough Private Sector Participation feasibility study and business case in the first quarter of 2026. 

“This Transaction Advisor, to be financed by said grant funding, will support Eskom in procuring a private developer for the project’s implementation, which is scheduled for the 2025–2033 timeframe,” Eskom said.

Ambassador of the European Union to South Africa, Sandra Kramer, said of the grant agreement: “The partnership between Team Europe and South Africa continues to deepen. We are rolling out our Global Gateway investment programme in crucial areas such as the green energy transition. 

“The Global Gateway grant funding provided here today will further unlock the immense potential for renewable energy and support South Africa to realise its ambitions for a greener tomorrow”.

AFD’s Regional Director for Southern Africa and Country Director for South Africa, Audrey Rojkoff, added: “AFD’s funding to Eskom reaffirms our commitment to support Eskom’s efforts to diversify its energy mix and maintain energy security, which will ultimately strengthen its capacity to respond to the growing energy needs and economic growth of South Africa”. – SAnews.gov.za

 

NeoB
Fri, 11/08/2024 - 09:11

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Read moreEskom, French development agency sign R125 million grant agreement
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