• Skip to main content
  • Skip to header right navigation
  • Skip to after header navigation
  • Skip to site footer
MyZA

MyZA

News, Directory, Events and Other Stuff

  • Social Media
  • Sport
  • World News
  • Home
  • Submit News
  • Directory
  • Events
  • Stratlec
  • TFSA
  • News
    • APO
    • Today’s Sport News
    • Todays Social Media and Tech Headlines
    • Today’s World News
    • Today’s SA Financial News
  • Contact
You are here: Home / Archives for business

business

12 June 2024

Shoprite Group opens pathways to job opportunities for unemployed youth

Location: MyPR

Shoprite Group opens pathways to job opportunities for unemployed youth This Youth Month, the Shoprite Group is calling on unemployed and unskilled South Africans, aged 18 to 34, to apply for specialist training and education programmes to increase their employability in the retail sector. A staggering 45,5% of South African youth grapple with the reality …

Read moreShoprite Group opens pathways to job opportunities for unemployed youth
12 June 2024

Siqalo Foods Celebrates Hospitality Entrepreneurs with “Share” Networking Event

Location: MyPR

Siqalo Foods, manufacturer of popular spreads such as Rama and Flora in South Africa, hosted beneficiaries of its Sekela Hospitality Support Programme (Sekela HSP) on Monday 3rd June 2024, at a special, “Share” networking event. Held at the company’s office in Westville, recipients were invited to meet with the team from Siqalo Foods that has …

Read moreSiqalo Foods Celebrates Hospitality Entrepreneurs with “Share” Networking Event
12 June 2024

The Future of Gumtree SA is Local

Location: Entertainment, MyPR

June 2024 , Cape Town, South Africa -Since late 2022, Gumtree SA has been entirely SA-owned for the first time. “Becoming locally-owned, hosted and controlled has been a significant strategic boost for Gumtree South Africa (SA)”, says Marcus Badach, Chief of Staff at Gumtree South Africa. “This localisation and the resultant agility have made a …

Read moreThe Future of Gumtree SA is Local
12 June 2024

MultiChoice reports resilient performance while expanding its platform

Location: Business
MultiChoice Group

MultiChoice Group (www.MultiChoice.com/) demonstrated resilient operational performance for the year ended March 2024 (FY24), delivering a 26% trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48%, despite very challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching Showmax 2.0, SuperSportBet and Moment, all of which are now revenue-generating and supporting the group's future growth prospects.

Download document: https://apo-opa.co/4cj3eXQ

“Four years after setting out a clear strategy of building Africa's entertainment platform of choice and investing in services to support a broader ecosystem, our three core segments are now fully operational: video entertainment, interactive entertainment and fintech. Our focus now shifts to building on these solid foundations to drive growth in these new areas, and on further enhancing business efficiency across our operations.

While we are not alone in feeling the challenges of a weak consumer environment, I am proud of the speed and effectiveness of the team in implementing strategic actions to retain customers, safeguard cash generation and drive costs savings which surpassed our targets. It is the strength of this team, the quality of the underlying business and the clarity of our strategy which underpins my confidence in delivering on our potential,” said Calvo Mawela, MultiChoice Group CEO.

Some key points for the past financial year:

  • Subscriber base: Given the challenging consumer environment, overall active subscribers declined by 9%. This was mainly due to a 13% decline in the Rest of Africa business, with Nigeria, Angola and Zambia most affected, while the South African business was more resilient, declining by only 5%.   
  • Group revenue: increased by 3% on an organic basis. However, due to weaker local currencies and consumer pressure, reported Group revenue declined by 5% to ZAR56.0bn.
  • Subscription revenues: grew by 2% on an organic basis. However, on a reported basis, subscription revenues declined by 7% due to a weaker Naira.
  • Group trading profit: increased 24% on an organic basis, despite the additional ZAR1.4bn investment in Showmax to drive future growth. After factoring in the ZAR4.5bn impact related to foreign exchange weakness, reported trading profit declined by 21% to ZAR7.9bn.
  • Positive operating leverage: Given the positive impact of the lower expenditure (including ZAR1.9bn in cost savings and ZAR1.5bn in reduced decoder subsidies), the group achieved positive operating leverage of 4.3% (i.e. a 3.3% organic revenue increase against a 1% organic reduction in operating expenses).
  • Adjusted core headline earnings: Higher realised hedging gains and benefits from a narrower gap between official and parallel Naira rate, was more than offset by the weaker trading profitability, resulting in adjusted core headline earnings (which now includes losses on cash remittances after tax and minorities) decreasing by 20% to ZAR1.3bn.
  • Free cash flow: amounted to ZAR589m, impacted by lower profitability and the  ZAR1.7bn in Showmax platform payments.
  • Retained cash and cash equivalents: ZAR7.3bn in cash (before short-term commitments) and access to ZAR4.1bn in undrawn borrowing facilities provides significant headroom and flexibility to fund opportunities.

MultiChoice is by far the largest producer of original content on the African continent. In FY24, the group again produced over 6 500 hours of local content and its local content library now has more than 84,000 hours of content, a 12% increase YoY.

The highlight for the year was Shaka Ilembe, which launched on Mzansi Magic in June to become Africa's biggest TV series. Filmed entirely on location in South Africa, it was created through the skills and contributions of over 8 000 people. The premiere episode attracted over four million viewers and was the top-performing show with an audience share of over 45% in its time slot.

Other content highlights of the year was Reyka (season 2), Devil's Peak and White Lies on linear (co-produced with Fremantle, Canal +, Abacus Distribution and BBC Studios-owned Lookout Point) and Spinners, Original Sin: My Son The Killer, and Catch Me a Killer, on streaming. Across Africa, the group launched 3 new proprietary channels - in Ethiopia (Maaddii Abol), Uganda (Pearl Magic Loko) and Mozambique (Maningue Magic Kool) while also producing content in Africa's 4th most spoken language, Oromo.

SuperSport broadcast 34 490 live events during the year – arguably more live sport than any other broadcaster in the world. Highlights included the Rugby World Cup in France, the Cricket World Cup in India, a second  SA20 season in South Africa, AFCON, FIFA Women's World Cup in New Zealand and Australia, as well as the Netball World Cup in Cape Town.

SuperSport Schools more than doubled its registered user base during the year. The fast-growing platform displayed more than 49 000 hours of live programming across 43 different sports codes, covering 900 school sport festivals and events, featuring more than 1 100 schools, and over 14 500 teams.

SEGMENTAL REVIEW

South Africa Pay-TV (MultiChoice South Africa)

Due to a strong focus on retention initiatives, the decline in active subscribers in South Africa was limited to 5%, despite the challenging environment. The base now stands at 7.6 million households.  Power outages experienced on 275 days of the year further discouraged potential subscribers without backup power.

Although the Premium bouquet is trending toward a stable base given the targeted retention efforts, the premium customer tier (which includes the Premium and Compact Plus bouquets) declined by 8%. The mid-market Compact base, which is most exposed to the macro-economic challenges, was down 9%, while the mass-market tier was 2% lower due to pressure in the Family base, the impact of loadshedding, and reduced decoder subsidies.

A consequent 3% decline in subscription revenues and softer advertising income weighed on the segment's total revenues (-2% to ZAR33.6bn), but was partially offset by strong traction from new revenue streams, especially the insurance business (NMSIS) which reported a 35% increase in premium revenue to almost ZAR1bn. Several interventions to reduce costs enabled the SA business to achieve a trading margin of over 26%.  

Rest of Africa Pay-TV (MultiChoice Africa)

The business in the Rest of Africa faced the toughest macro-economic conditions in its core markets with high, double-digit inflation and extreme depreciation of local currencies, (especially in Nigeria, Angola, Kenya and Zambia) which impacted USD revenues by 32%.

The active subscriber base declined to 8.1m, but effective retention efforts contributed to an improved subscriber mix.

Due to the challenging market dynamics, the short-term focus of this business shifted from subscriber growth to safeguard profitability and cash flows. Several cost-saving initiatives were implemented, including scaling back significantly on decoder subsidies (-46% YoY or ZAR1.3bn), and reducing SG&A costs by ZAR500m. These interventions enabled the Rest of Africa business to increase trading profit by 48% YoY to ZAR1.3bn.

Sub-Saharan Africa SVOD (Showmax)

FY24 was a pivotal year for Showmax as it relaunched across 44 markets in sub-Saharan Africa on Peacock's world-class platform, which is 4K/HDR and ATMOS ready. Almost 100% of the eligible customer base was migrated to the new Showmax platform, and 88% of those migrated had reactivated their accounts in the seven weeks to year-end.

Alongside local content from M-Net, Mzansi Magic, Africa Magic and Maisha Magic, Showmax ramped up its local content, releasing 59 original movies and series in SA, Nigeria, Kenya and Ghana (FY23: 48). Popular shows that drove viewership included Tracking Thabo Bester, Koek, The Mommy Club, Youngins, Red Ink, Adulting, Outlaws and Real Housewives of Durban in South Africa, Cheta'm, Real Housewives of Lagos, Dead Serious, Wura and Flawsome in Nigeria, and Single Kiasi and Second Family in Kenya.

Showmax revenues for the year grew by 22% (+22% organic) to ZAR1.0bn, while trading losses increased to ZAR2.6bn. These losses came in below the expected range of ZAR3-4.0bn. As noted before, due to the partnership agreement signed in 2023, 30% of Showmax's funding requirements is contributed by Comcast.

Technology (Irdeto)

Irdeto's strong execution, enabled it to become the market leader in managed security services for video with a 22% market share. It also saw significant success in combatting piracy, taking down some 30 000 streaming piracy services during the year. Revenue increased by 17% (7% organic) driven by external customers across video entertainment, gaming and connected transport, with some additional uplift from a weaker ZAR against the USD. Disciplined cost management supported a 23% trading margin.

Irdeto shipped its first keyless solutions to leading customers, including one of the largest fleet operators in the US market. This resulted in a revenue increase of 119% YoY in the connected transport division, with revenue from new services now representing a combined 35.7% of total revenues. 

Sports betting and interactive entertainment (KingMakers)

KingMakers reported strong growth in the online business in Nigeria, with monthly active users up 37% YoY and online gross gaming revenues up 26% YoY in constant currency. New products were also launched, including BetKing Casino and BetKing FootballGO, a virtual football sportsbook service.

Revenue of USD147m was affected by the weak Naira, while the business reported a positive EBITDA of USD2m. At the end of its December year-end the business had a retained cash balance USD113m to fully fund its growth initiatives.

KingMakers launched the SuperSportBet business in South Africa in January 2024. Its pre-game shows and live feed integration with SuperPicks, as well as the Playbook preview show were key drivers of uptake, further supported by SuperSportBet becoming the official betting partner of local soccer clubs, Kaizer Chiefs and Orlando Pirates.

Fin-tech (Moment)

After being founded during FY23, Moment officially launched in FY24. The business played a vital role in the Showmax relaunch stepping up to fill a critical payments gap. In January this year, Moment also began processing MultiChoice's payments for DStv, reaching a milestone of processing USD85m in payments in early March 2024.

To-date, Moment has processed local and cross-border card payments in 44 Showmax markets and is already accounting for more than 20% of Group's payment volumes. It also joined real-time payment networks in 18 countries, including South Africa, and is currently piloting instant payment and account activation for DStv.

The business raised an additional USD22m of funding, with MultiChoice contributing USD8m. As a result, Moment is now valued at USD82m and MultiChoice owns a 26% stake.

FUTURE PROSPECTS

The linear video-entertainment business remains the mainstay of the group's operations and provides a valuable base from which to expand its service offerings. The new streaming, interactive entertainment, fintech and connectivity services are having a positive impact on the business, and more importantly, on the lives of its customers. Going forward, the group will focus its efforts on scaling Showmax, Moment, SuperSportBet, as well as on driving growth in insurance (NMSIS), DStv Internet and DStv Stream.

To counter the challenges around an uncertain economic recovery globally and across the group's operating footprint, the group will continue to drive business efficiency and cost optimisation, with an increased cost savings target of ZAR2bn.

Not only should this mitigate the ongoing impact of currency volatility and consumer weakness on performance, but together with the company's strategic plans to continue adapting its platforms to cater to customers' evolving needs, it positions the group well to prosper once currencies stabilize and economies rebound.

Distributed by APO Group on behalf of MultiChoice Group.

MultiChoice Group Contact Details: 
Litlhare Moteetee
Senior Manager: Corporate Communications 
Litlhare.Moteetee@Multichoice.co.za     

Meloy Horn, Head of Investor Relations 
Mobile: +27 82 772 7123 
meloy.horn@multichoice.com    

About MultiChoice Group:
MultiChoice Group (MCG), listed on the Johannesburg Stock Exchange (JSE), is a leading provider of entertainment and related consumer services, with an expanding ecosystem, underpinned by scalable technologies, and a track record now spanning almost 40 years.  MCG provides video entertainment products and services through its linear and streaming platforms to 23.5m households across 50 countries on the African continent and continues to grow by producing and acquiring the best local, sport and international content and offering tiered subscription packages and aggregated streaming services to its customer base. MCG's superior technology capabilities enables it to continue innovating around distribution, digital and payment solutions and content security to offer the best customer experience across the continent. Reaching up to 100 million individuals on a daily basis, the MultiChoice Group is using its scale and distribution to expand its platform to include sports betting and interactive entertainment, fin-tech services, household services (focused on internet connectivity and emergency response services) and ed-tech. Irdeto, MCG's technology business, provides platform cybersecurity services which protect over 6bn devices and applications globally for some of the world's best media and technology brands, as well as clients in the connected industries sector. 

Media files
MultiChoice Group
Download logo
Read moreMultiChoice reports resilient performance while expanding its platform
12 June 2024

Rebel with a Cause: Melanie Campbell takes a seat at the helm at RAPT Creative

Location: MyPR

RAPT Group welcomes aboard Melanie Campbell as Partner: Group Strategy, effective from July 1. Campbell, with over 26 years of comprehensive experience in marketing and business transformation across diverse international markets, brings a wealth of knowledge and a fresh perspective to RAPT. In her own words, Campbell describes herself as “an empathetic maverick.” She explains: …

Read moreRebel with a Cause: Melanie Campbell takes a seat at the helm at RAPT Creative
12 June 2024

Unleashing Innovation – The 2024 BCX Digital Innovation Awards Ignite South Africa’s Tech Future!

Location: MyPR

Unleashing Innovation: The 2024 BCX Digital Innovation Awards Ignite South Africa’s Tech Future! 12 June 2024, Centurion: The BCX Digital Innovation Awards are back, and this year’s event promises to be more thrilling than ever! Celebrating its sixth anniversary, the competition has evolved into the premier stage for trailblazing technology professionals and forward-thinking organisations across …

Read moreUnleashing Innovation – The 2024 BCX Digital Innovation Awards Ignite South Africa’s Tech Future!
12 June 2024

Ignition Group Sponsors Local School’s First Digital Library

Location: Entertainment, MyPR

June 2024, Durban KwaZulu-Natal –  Since 2022 Ignition Group (Ignition) has been working in conjunction with The Learn Project on the Book Corners and School Library initiative.  “We believe that by supporting literacy and reading programmes for foundation phase, learners at less privileged schools get the base they need to participate in and benefit from …

Read moreIgnition Group Sponsors Local School’s First Digital Library
12 June 2024

Money starts flowing at last to Gauteng care organisations

Location: News

The Department of Social Development has been scrambling to comply with a court order

Read moreMoney starts flowing at last to Gauteng care organisations
11 June 2024

Operation Shanela nets 1 287 suspects

Location: News

Operation Shanela nets 1 287 suspects

Operation Shanela has resulted in the arrest of over 1 200 people in the North West.

Police operations, in conjunction with other law enforcement agencies and role players aimed at preventing and combatting crime, resulted in the arrest of 1 278 suspects for various offences over the 3 - 9 June period.

“The suspects were, among others, arrested for crimes such as rape, murder, assault with intent to do grievous bodily harm (GBH), house and business robberies, malicious damage to property, burglary at residential and business premises, possession of drugs, theft out of/from motor vehicle and driving under the influence of alcohol or drugs,” said the South African Police Service (SAPS).

Of the 1 278 suspects, 379 were apprehended during raids and 52 suspected undocumented persons were taken in for processing by immigration officials.

The arrests were effected during stop and searches, road blocks, patrols, vehicle check points, visiting and inspecting of licensed liquor premises and second-hand goods dealers and tracing of wanted suspects, among others. 

During the operations, a variety of drugs, 17 cell phones, six firearms, 18 rounds of ammunition and other items were confiscated.

As part of enforcement of the Liquor Act, 1989, a total of 24 illegal liquor outlets / shebeens were shut down.

North West Provincial Police Commissioner, Lieutenant General Sello Kwena, thanked all role players for their continued efforts to ensure safer communities.

Since inception in May 2023, Operation Shanela consists of regular stop and searches, roadblocks, vehicle check points, high visibility patrols including foot patrols, the tracing of wanted suspects with a focus of murder and rape suspects, compliance inspections at liquor outlets and second hand good dealers. – SAnews.gov.za

 

 

Edwin
Tue, 06/11/2024 - 11:43

411 views
Read moreOperation Shanela nets 1 287 suspects
11 June 2024

TT Waterproofing Explains the Common Causes of Wall Cracks and Offers Expert Repair Solutions

Location: MyPR

Pretoria, Gauteng – Wall cracks are more than just an eyesore; they signal underlying issues that could compromise the structural integrity of your home or business. TT Waterproofing, a leading expert in roofing and waterproofing with over nine years of industry experience, sheds light on the primary causes of wall cracks and how their professional …

Read moreTT Waterproofing Explains the Common Causes of Wall Cracks and Offers Expert Repair Solutions
11 June 2024

The Benefits of Job Card Software in South Africa

Location: MyPR

In the fast-paced world of business, keeping track of tasks, assignments, and project progress can be a daunting task. This is where job card software steps in, offering a streamlined solution to manage workflow efficiently. In South Africa, where diverse industries range from manufacturing to services, job card software is becoming increasingly essential. Let’s explore …

Read moreThe Benefits of Job Card Software in South Africa
11 June 2024

Appeal court overturns cyber crime ruling

Location: News

This is a clear message to verify bank account details before paying

Read moreAppeal court overturns cyber crime ruling
10 June 2024

Scale Up Con 2024: Unleashing the Next Wave of Entrepreneurial Growth

Location: MyPR

Founders Events, in partnership with Outsourced CFO (OCFO.com), is thrilled to announce the return of Scale Up Con, the premier event designed to empower entrepreneurs and business leaders to take their companies to the next level. Set to take place on 20 June 2024, at the Crystal Towers in Cape Town, this year’s conference promises …

Read moreScale Up Con 2024: Unleashing the Next Wave of Entrepreneurial Growth
10 June 2024

Daybreak Foods Announces Partnership With Youth Employment Service (YES) Programme To Address Critical Issue Of Youth Unemployment

Location: MyPR

Johannesburg, 10 June 2024: Daybreak Foods, a prominent player in the agribusiness sector, has taken a commendable step towards addressing the critical issue of youth unemployment in South Africa. The company is launching a partnership with the Youth Employment Service (YES) Programme, an initiative that is a beacon of hope for many young individuals who …

Read moreDaybreak Foods Announces Partnership With Youth Employment Service (YES) Programme To Address Critical Issue Of Youth Unemployment
10 June 2024

Time for Level Heads and a Steady Hand

Location: MyPR

As political parties continue to engage to form coalition partnerships, SEIFSA joins the broader business chorus emphasizing the importance of prioritizing the interest of the country over narrow political interest. In the medium to long term, the election outcome means that the country will be governed by arrangements between political parties. We strongly urge the …

Read moreTime for Level Heads and a Steady Hand
10 June 2024

Giving Durban’s NPOs a chance to shine

Location: MyPR

Following on last year’s first successful Change in Action NPO Fair, Gateway Theatre of Shopping, We are Durban, the Hollywood Foundation have partnered once again to create a platform for Non-Profit Organisations (NPO) to strengthen their capacity and reach out to the public. The initiative culminates with 20 NPOs in Greater Durban showcasing their organisation’s …

Read moreGiving Durban’s NPOs a chance to shine
10 June 2024

Polygon’s outdoor media network expands across Africa

Location: Business
Polygon

Polygon (www.PDOOH.co.za), South Africa's largest programmatic digital out of home (DOOH) publisher network, has recently announced that it will be expanding its network across Africa. This brings it one step closer to realising its vision of offering marketers a single point of entry into the largest network of DOOH inventory across the continent.

At the start of June, Polygon will be able to offer advertisers inventory in Namibia, Botswana and Zambia, while in August, Mauritius, Ghana and Kenya will also come online. Towards the end of the year, the publisher network will add screens in Nigeria, Uganda, Zimbabwe, Mozambique and Angola to its inventory arsenal.

Remi du Preez, Managing Director at Polygon, explains that June's roll-out – as well as the roll-out planned for later this year – will be located at petrol station forecourts spearheaded under the Vivo brand. Forecourts are renowned among advertisers for their high dwell times and attention-capturing displays. This is made possible by Polygon's partnership with media owner Oasis Digital Networks, which has the rights to build sites at these petrol stations.

“We are expanding our large format digital network across the most frequented petrol stations in each country; from Windhoek, Gaborone, and Lusaka to other key hubs that travellers are likely to visit when moving through the major cities of these regions.”

Says Reinhardt Hanel, CEO of Oasis Digital Networks “What excited us about partnering with Polygon is that it is strongly rooted in the DOOH market and it understands the value proposition that our network of inventory offers to advertisers.”

Du Preez explains that historically – and as with other emerging markets – when purchasing inventory in Africa, there was often a lack of consistency and transparency in reporting. Media buyers faced concerns about the number of ad serves that were promised, versus actually delivered.

Through its programmatic network, Du Preez says that Polygon can offer advertisers complete transparency. “Buyers have immediate access to the programmatic demand-side platform (DSP), which offers a clear view as to what is happening on the ground.”

He adds that up until now, programmatic buying throughout Africa has been limited. “Through these new network integrations, we're on our  way to creating an African ‘mega network' that will allow digital strategists to buy programmatically anywhere on the continent and across a variety of venue types.

“We already have an array of digital strategists booking campaigns in Africa via Google, YouTube and Facebook; however, they now have the option to use these same tools to add DOOH to the mix, delivering high-impact, omnichannel campaigns.”

Adds Hanel: “Polygon, led by Remi, has positioned its business as an authority in the programmatic DOOH space, which is helpful to brands wanting to chart new ground in the outdoor arena.

“It has worked tirelessly to support media owners, like Oasis, in offering clients programmatic solutions. By marketing our inventory, they unlock new opportunities and revenue for us, fast-tracking our sales. We believe that they will play a key role in driving the move to greater programmatic availability in Africa.”

Concludes Du Preez: “This expanded network will not only allow media strategists and buyers to consolidate buying; it will also add value to the continent's media owners, who can now bank on a new stream of revenue, ultimately boosting Africa's economies.”

For more information, please visit www.PDOOH.co.za

Distributed by APO Group on behalf of Polygon.

Media files
Polygon
Download logo
Read morePolygon’s outdoor media network expands across Africa
10 June 2024

Laptops for Sale: Choosing the Right Device for Your Needs

Location: MyPR

Introduction In today’s digital age, having the right laptop is essential for both personal and professional use. With so many laptops for sale, selecting the right one can be overwhelming.   Types of Laptops Ultrabooks: Slim, lightweight, and powerful, ideal for business professionals on the go. Gaming Laptops: Equipped with high-performance graphics and processors for …

Read moreLaptops for Sale: Choosing the Right Device for Your Needs
7 June 2024

Ensure a Seamless User Experience: The Importance of Fixing Broken Links on Your Website

Location: MyPR

Pretoria, South Africa – The navigation menu is the cornerstone of any website, guiding visitors to the most important pages with ease. Whether it’s a small business website or a large corporate platform, the user experience hinges on the functionality of these navigational elements. At Click Results, a premier digital marketing firm based in Pretoria, …

Read moreEnsure a Seamless User Experience: The Importance of Fixing Broken Links on Your Website
6 June 2024

Future-Proof Your Business With Next-Generation IT Services

Location: MyPR

SevenC, a leading IT infrastructure and network service provider striving to identify and make available the best possible ICT strategies for its clients’ unique needs, explores the benefits of next-gen IT services and how blending digital and IT integration expertise can future-proof your business. “One of the most effective ways to ensure your business stays …

Read moreFuture-Proof Your Business With Next-Generation IT Services
6 June 2024

Gauteng government funds new drug rehab while defunding existing ones

Location: News

Clinix Foundation was approved for R11-million in funding in just three weeks

Read moreGauteng government funds new drug rehab while defunding existing ones
5 June 2024

The strength of democracy

Location: News

The strength of democracy

Many will be wondering how South Africa’s seventh democratic government will be constituted following the recent elections that resulted in no political party gaining an outright majority to lead the country for the next five years.

Citizens did their part in exercising their right to vote as pointed out by Section 19 of the Constitution which states that every adult citizen has the right to free, fair and regular elections.

The results of the seventh National and Provincial Elections released on Sunday showed that the African National Congress (ANC) garnered 159 seats in the 400-member National Assembly (NA), followed by the Democratic Alliance (DA) with 87 seats and the uMkhonto weSizwe party (MK party) with 58 seats.

This translates to the ANC having received 40.18 % of the votes followed by the DA with 21.81% and the MK with 14.58%.

The Economic Freedom Fighters (EFF) garnered 39 seats while the Inkatha Freedom Party (IFP) got 17 and the Patriotic Alliance (PA) received nine seats.

Other political parties gained the other remaining seats in the House with between six, three, two, and single seats.

The distribution of seats in Parliament is proportional to the number of votes cast for the various parties.

The National Assembly Guide to Procedure 2004, states that the NA “is the House directly elected by the South African electorate” with the Constitution stating that the National Assembly must consist of no fewer than 350 and no more than 400 women and men elected as its members.

In August 2023, Deputy President Paul Mashatile, in his capacity as Leader of Government Business, convened a National Dialogue on Coalition Governments. The aim of the dialogue was to lay the foundation for a National Framework on Coalition Governments, which would serve as a guide for effectively managing and navigating coalition governments where they become necessary.

The Presidency said at the time that the need for such dialogue was informed by the adverse effects that had been observed in certain coalition arrangements at local government, particularly their impact on service delivery and governance.

But what exactly is a coalition government?

“A coalition government exists when two or more political parties (or independent representatives) combine their votes in a legislature or a council, to elect a government, and to support the decisions it takes. This becomes necessary when no single party has a majority of the seats in the legislature or council,” notes a National Dialogue on Coalition Governments Q and A subsection.  

Elections in South Africa result in multiple parties being represented in Parliament, a provincial Legislature or a Municipal Council.

“And the executive leadership (President, Premiers and Mayors) is always elected by that legislature and can be removed by the Legislature. If none of the parties has more than 50% of the seats, a coalition is, therefore, necessary to support the executive. Otherwise, the President, Premier or Mayor is likely to be voted out of power,” the subsection further notes.

Government of national unity

South Africa is no stranger to coalitions having had one after the historic 1994 elections which resulted in a government of national unity (GNU).

In terms of the country’s then interim Constitution, the National Party and Inkatha Freedom Party participated in a government of national unity under President Nelson Mandela.

In 1994, the President was assisted by two Deputy Presidents, a Minister in The Presidency and 16 Ministers in the GNU which represented three political parties. In 1996 one political party exited the GNU, but maintained its official opposition status in the legislatures.

South Africa has also had coalitions at provincial level in the Western Cape and KwaZulu-Natal.

There have been coalitions in municipalities, ever since the first democratic local government elections in 2000.

The will of the people

Speaking at the Electoral Commission’s Election Results ceremony at the Results Operation Centre in Midrand, President Cyril Ramaphosa said that by going to vote, the people of South Africa have taken responsibility not only for the future of themselves and their families, but for the future of their country.

“Through their votes they have demonstrated, clearly and plainly, that our democracy is strong, it is robust and it endures. Our people have spoken. As the leaders of political parties, as all those who occupy positions of responsibility in society, we have heard the voices of our people and we must respect their wishes,” he said on Sunday.

Meanwhile, Parliament is fully prepared, and all the necessary arrangements have been made for establishing the new National Assembly. 

“Comprehensive plans are in place to ensure a seamless transition, including onboarding new Members of Parliament,” Parliamentary spokesperson, Moloto Mothapo said in a statement. 

READ | Plans underway for establishment of the seventh democratic Parliament

With South Africa having regularly held elections since 1994, the 2024 National and Provincial Elections are an affirmation of the strength this democracy. - SAnews.gov.za

 

Neo
Wed, 06/05/2024 - 14:34

81 views
Read moreThe strength of democracy
5 June 2024

Read Your Water Meter Online

Location: MyPR

Today we answer the question; “Are Remote Monitoring IOT Systems for Water Meters Useful?” In today’s world, where technology plays a crucial role in optimizing various processes, the use of remote monitoring systems for water meters has become increasingly popular. These systems offer a range of benefits that can enhance efficiency, accuracy, and convenience in …

Read moreRead Your Water Meter Online
5 June 2024

Buffalo City Metro preparing for more disruptive rain

Location: News

Buffalo City Metro preparing for more disruptive rain

The Buffalo City Metropolitan Municipality says the possibility of undertaking mop up operations have been placed on hold as the city prepares for more disruptive rain.

The South African Weather Service (SAWS) issued an orange level 6 warning for disruptive rain and the possibility of flooding in various areas, including in the Buffalo City Metropolitan Municipality.

Rains leading to flooding of settlements/property, roads, danger to life, with some communities temporarily cut off, are expected today.

Two people have died and over 2 234 people were impacted by flooding earlier this week and the city is still intervening. This number of displaced people is expected to rise.

“Displaced residents have been accommodated in community halls in Mdantsane, Braelyn and Mzamomhle, while others are being moved to chalets, old age homes and temporary housing structures,” the metro said in a statement.

Eleven wards across the metro have been affected, including areas like Ducats, Pefferville, Duncan Village, Cambridge Location, Mzamomhle, Reeston, Stoney Drift, Mdantsane and Gompo.

Rescue operations are continuous and emergency teams remain on high alert.

The municipality pleaded with residents not to attempt driving or crossing any flooded areas.

“Residents are advised to evacuate from flood plains and low laying areas, and following the weather warnings and safety tips issued by the metro on various media platforms,” it said.

The metro further appealed to business and residents to assist with donations. It is working with the Department of Social Development, together with NGOs Gift of the Givers and Living Hope, to assist with clothes, groceries, blankets and food parcels.

Donations of the following items are welcome, including clothing, blankets, mattresses, groceries, non-perishable foods like canned food, baby food and toys for kids.

“We are also calling on organisations that have the ability to provide hot meals to the displaced people that are currently staying in halls to also assist,” the metro said.

All non-perishable items can be dropped off at the East London City Hall between office hours 08h00 - 16h30.

The BCMM Disaster Centre can be contacted on 0437059000.

The metro has held engagements with the Department of Human Settlements to avail temporary relocation structures. Officials from the department are already in the area to verify numbers and make submissions.

The metro is dealing with 454 electrical fault cases in various areas in East London, Mdantsane and eQonce area.

“All teams have been assigned to the different regions and we have managed to get extra hands to deal with the calls. The metro is pleading with all households that are affected to be patient as technicians are working tirelessly to resolve all faults.”

All metro beaches remain closed since yesterday.

“Sea conditions are still very dangerous, with debris and floating objects in the water posing danger. Several roads in East London remain closed and are being monitored due to flooding.”

The metro is still urging residents to be on high alert. – SAnews.gov.za

Edwin
Wed, 06/05/2024 - 12:25

144 views
Read moreBuffalo City Metro preparing for more disruptive rain
  • Previous
  • Page 1
  • Interim pages omitted …
  • Page 58
  • Page 59
  • Page 60
  • Page 61
  • Page 62
  • Interim pages omitted …
  • Page 120
  • Next

Copyright © 2026 · MyZA · All Rights Reserved · Powered by Stratlec Online