Meter tampering and illegal connections plunge Edendale into darkness most nights
“We are without power at … least 48 hours a week” says resident
business
Several parts of KZN classified disaster areas following floods
Several parts of KZN classified disaster areas following floods
Several flood-stricken parts of KwaZulu-Natal have been classified disaster areas by Cooperative Governance and Traditional Affairs (CoGTA) Minister, Thembi Nkadimeng.
The move will enable government to access additional funding from provincial and national departments to start repairs as soon as possible.
According to the SABC, the disaster areas include Ilembe, Ugu and UMzinyathi municipalities and the hardest-hit eThekwini Metro and uThukela District, which suffered about R2 billion worth of damage.
“Nkadimeng says the classification is done while processing for the declaration is underway,” the public broadcaster explained.
Heavy rains have ravaged KwaZulu-Natal since mid-December, spilling over to the new year.
Ladysmith, which falls under UThukela District, has recorded 26 fatalities due to inclement weather during the festive season.
Meanwhile, the Minister also emphasised the need to find a lasting solution for the flooding of the Ladysmith Central Business District (CBD) by channelling water towards preservation dams or catchment areas to avoid flooding.
Nkadimeng led a multidisciplinary intergovernmental team on a visit to the uThukela District Municipality, specifically in the Alfred Duma Local Municipality on Friday.
The Minister was accompanied by Deputy Minister Parks Tau and KZN CoGTA MEC Bongi Sithole-Moloi.
The leaders engaged various stakeholders from across all sectors of society representing a wide range of communities.
“The engagements and the assessment showed the devastation caused by flooding, especially on lives and livelihoods which has resulted in extensive damages to properties and critical infrastructure collapse leaving affected families homeless.”
The department believes that the impact of natural disasters is made worse by the ongoing impact of climate change, which has brought unprecedented weather patterns.
“The Minister emphasised the need for all role players including communities to ensure better-integrated planning to mitigate the impact of such adverse natural disasters.
“She made it clear that disaster risk reduction and adaptability are the only way to reduce the impact of climate change,” CoGTA said.
Nkadimeng also appreciated the ongoing work and urged that other additional planned interventions in the municipality geared to improving mitigation against floods be accelerated.
The visit by the Minister, the department said, is an expression of government’s commitment to elevating integrated disaster management and the promotion of risk-averse behaviour among communities in keeping with the ethos of a caring government.
“She advised that government through the Disaster Management Centre, will assist to mobilise resources to rebuild and rehabilitate the damages to infrastructure.”
The Minister also conveyed her sincere condolences to all who lost their loved ones as a result of the recent heavy rains.
She also took the time to thank communities who assisted those who were displaced by floods.
“The selfless and compassionate actions by ordinary members of our communities and civil society organisations in support of humanitarian aid efforts including search and rescue as well as search and recovery symbolises the true meaning of a caring nation that South African is. We are immensely grateful to everyone for pulling together and showing Ubuntu,” Nkadimeng said. – SAnews.gov.za
Gabisile
Tue, 01/23/2024 - 10:46
248 views
Government activities for the week 22 – 26 January 2024
Government activities for the week 22 – 26 January 2024
On Wednesday, 24 January, and Thursday, 25 January, the Department of Employment and Labour will be embarking on a series of service delivery activities in Thaba Nchu as a build up towards a Jobs Fair to be held in Botshabelo.
On Wednesday, 24 January, the Minister of Transport, Sindisiwe Chikunga, will release the 2023/24 festive season road traffic statistics at a media briefing scheduled to take place in Gauteng.
On Tuesday, 23 January, and Wednesday, 24 January, the Minister of Small Business Development, Stella Ndabeni-Abrahams, will embark on a monitoring and oversight visit to schools in the King Sabata Dalindyebo Local Municipality in the Eastern Cape.
On Wednesday, 24 January, Minister of Employment and Labour, Thulas Nxesi, will host employers and engage with aspirant workers at an Employer breakfast session and Jobs Fair event to be held in Botshabelo, in the Free State.
On Thursday, 25 January, the South African Reserve Bank’s monetary policy committee (MPC) will announce the first repo rate for the year.
Janine
Tue, 01/23/2024 - 10:50
342 views
Navigating the Labyrinth: A Guide to South African Online Business Directories
Box with Heavyweights Dance with Stars Bedazzled with Choices In the age of digital dominance, online visibility is the oxygen for any South African business. But with a plethora of online business directories buzzing in the ecosystem, finding the right platform to amplify your brand’s voice can be a daunting task. This article unravels the …
Why listing on the MyPR.co.za Directory is a ‘good thing’?
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Tough economic headwinds provide exciting opportunities for agile, customer-centric fintechs (By Andy Jury)
By Andy Jury, CEO at Mukuru (www.Mukuru.com)
Taking stock of fintech in the broader African context while looking forward to opportunities in the year ahead.
At this time of the year there is usually a flurry of articles attempting to lay out trends to look out for in various industries over the coming months. This is a good exercise as it gets one thinking about industries broadly and technology specifically. However, it would be remiss to embark on this exercise without first taking stock of where we are now. The fintech ecosystem is currently in a period of stress, less so for incumbents but noticeably for newcomers.
This stress is a direct result of macroeconomic pressures piling up to generate headwinds for new market entrants. As we all know, when the macro picture is less than rosy it affects play out on the ground. In summary, there is less money floating around – less money from investors and most notably, less disposable income in the hands of consumers.
Let's take a moment to appreciate how this looks in the broader African context. Firstly, it means there is significantly less money knocking on the doors of new and innovative businesses that need investors.
Just recently, a payments processor headquartered in France lost 53% of its value - this kind of scenario has a knock-on effect across borders. However, there is a massive opportunity for fintechs that have bootstrapped themselves up in the uniquely African context.
What does this opportunity look like? For starters, there continues to be a great deal of disruption in the market. Fintechs, mobile network operators (MNOs) and banks will approach the challenges and opportunities differently. The ones that emerge from this phase in a strong position will be those that have thought about the economics of their proposition carefully, because the opportunity that presents itself in tough times is likely more scalable from an addressable market perspective.
On the other hand, those who react will focus on price. A war on price is a race to the bottom. On the contrary, the businesses and fintechs that get through the tough times will be those that focus on customer experience (CX). It may be considered an intangible that sits between the bricks and cogs of a business, but it is crucial.
In difficult conditions, every business focuses on customers returning and using their products and services more frequently. This isn't easy, or everyone would be getting it right. Customers with less money in their pockets become more discerning, and in our experience are looking for a full basket of genuinely personalised customer experience where affordability is a crucial component, but most certainly not the only one.
We have learnt that speed, access, trust, convenience and safety in the payments space continue to be exceptionally important drivers in customers' decision making on where to spend their hard-earned money. At Mukuru we build very tight feedback loops with our customers and the feedback we get time and time again is speed, ease of use and safety is primary to how they develop their consideration set.
Looking ahead, regulation will continue to play an important role in how the industry evolves. The FATF's greylisting earlier this year has had a significant impact on businesses such as ours. We are under increasing scrutiny, not because anyone thinks we present any more risk than before, but because accountable institutions must demonstrate that they are confident money isn't being laundered or used for nefarious purposes. The result is that fintechs need to spend more time thinking and planning their products and must be tight in terms of the relationships they build with their customers.
Regulation is also expected to present immense opportunities, especially in Southern Africa. South Africa, for example, lags other regions in the realm of mobile money. Legislation which is expected to come into play in 2025 will effectively form the framework within which e-money capabilities will be governed. This moment will be a significant game changer for the region. The ability for more people to use e-wallets more frictionlessly will add immense value in the South African context and will fundamentally change the landscape of how money is stored, used and moved.
Looking toward this big disruption on our doorstep, businesses will approach the opportunity differently. There will be those who throw mud at the wall and see what sticks, whereas we believe the real winners will be those that remain crisp and precise with their customer propositions. In this context, we believe partnerships will be vital for stability and growth, where partners enter mutually beneficial symbiotic relationships. These can take many shapes and forms, such as payment providers bridging the gap between the informal and formal sectors solving a problem for fintechs who need ways to enable their customers to pay for goods and services, and where the payment provider gets access to millions of previously unreachable customers.
Digitisation and diversification will continue to be important trends in the coming months and years. Take a moment to consider the power that MNOs and banks have traditionally exerted in the formal payments ecosystem – fintechs who are agile can enter into partnerships with other fintechs to offer similar one-stop solutions to those currently offered by the MNOs and banks. This trend will see an equalisation of influence.
Lastly, those that prioritise customer needs and wants will emerge stronger. There are two schools of thought on how you digitise money. The first is that you place a wallet in someone's hands and encourage them to use it. This would be the traditional approach. The Mukuru approach, and certainly the approach of the more agile players, is to find a way to help people with their payment and remittance needs and then graduate them towards using a digital store of value as they develop trust in the brand and the technology.
These are divergent approaches, but in difficult economic conditions our experience – which has seen us sign up 14-million customers across many countries – says it is better to listen to what customers want and then walk a journey with them as they become more sophisticated in their digital journeys. Our approach is to solve a problem and then gradually build trust and extend the services and products we offer, as opposed to building a shiny product and waiting for customers to arrive.
Distributed by APO Group on behalf of Mukuru.
About Mukuru:
Mukuru is a leading next generation financial services platform in Southern Africa that offers affordable and reliable financial services to a customer base of over 13 million across Africa, Asia and Europe.
With over 100 million transactions to date, our core was built providing international money transfers and from this base, we've developed a set of services to address the broader financial needs of our customers. We now operate in over 50 countries and across over 300 remittance corridors.
We are a business that puts the customer at the centre of everything we do, and for that reason, we serve clients across physical and digital channels, by various payment methods (cash, card, wallet) as well as a range of engagement platforms including WhatsApp, USSD, contact centre, App, website, agents and a branch and booth network.
Mukuru has, for the fourth consecutive year, been listed as one of the top 100 Cross Border Payments businesses in the world in the 2023 FXC Intelligence Top 100 Cross-Border Payment Companies (https://apo-opa.co/48HwI0k), one of only six African companies to receive this accolade.
In April 2023, Mukuru officially ranked sixth on the 2023 LinkedIn Top Companies List in South Africa.
Mukuru was also celebrated for innovation and excellence at the 2023 Africa Tech Festival Awards, receiving the Fintech Innovation of the Year Award - an acknowledgment of the transformative power of financial technology in driving economic growth, financial inclusion, and digital transformation.
Further information can be found at www.Mukuru.com.
South Africa concludes tough but productive trip to World Economic Forum (WEF) 2024
South Africa's delegation to the World Economic Forum (WEF) 2024 Annual Meeting in Davos used the platform to meaningfully engage investors, civil society, businesses and governments, and drove home the message that the country remains a top destination for growth and investment. The delegation was led by the Minister of Finance, Mr Enoch Godongwana and comprised of Minister of Trade, Industry and Competition Mr Ebrahim Patel, Minister of Higher Education, Science and Innovation Dr Blade Nzimande, Minister of Communications and Digital Technologies Mr Mondli Gungubele, and Minister of Health Dr Joe Phaahla, Brand South Africa, business executives, entrepreneurs and civil society leaders.
The overall WEF 2024 theme, Rebuilding Trust, underlined South Africa's continued role as a regional and global leader in the international community. Minister Godongwana said that South Africa's participation in global forums such as WEF Davos reinforced their belief in the value of multilateralism and the spirit of cooperation as a critical part of an overall strategy to lift economic growth. He added that countries stood to benefit from the common pursuit of a fairer, more inclusive, and representative global system.
The South African delegation tackled questions on the progress the country is making in economic reforms, particularly in areas of energy, transport and logistics, and fighting crime.
“We took the opportunity of the WEF Davos gathering to remind our partners around the world that South Africa has made tremendous progress in the past 30 years since we achieved democracy,” said Minister Godongwana. “Yes, we face a number of obstacles to achieving policy that balances fiscal sustainability, growth-accelerating reforms, and targeted spending on social services and infrastructure. We are forging ahead and making good progress.”
The Annual WEF meeting, which took place from 15 to 19 January 2024, offered South Africa's policymakers a genuine and rare opportunity to speak directly with a cross spectrum of stakeholders in global affairs, exchanging views on how to weather the rise in geopolitical and economic tensions that are shaping today's world.
Climate, technology, trade and multilateral cooperation were high on the agenda, as was South Africa's upcoming presidency of the G20 in 2025. In addition to its participation in the G20, the country is playing a key part in the expansion of the BRICS group, as well as the deepening of intercontinental economic integration through the African Continental Free Trade Area (AfCFTA).
Speaking at a panel on the BRICS in Expansion, which was inked in August 2023 at a summit in Johannesburg, Minister Godongwana stressed the importance the bloc is playing in reforming international decision-making bodies to better reflect contemporary power and economic realities.
“Although individual economic circumstances amongst BRICS+ will vary, there will be common interests that will allow the bloc to forge consensus on the urgency of sustainable economic development,” said Minister Godongwana. “The expansion will help the BRICS Group to be the voice of the global south.”
Distributed by APO Group on behalf of National Treasury, Republic of South Africa.
Cathay Pacific’s first ferry lounge at Shenzhen’s Shekou Cruise Home Port opens
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Tax Ombud secures taxpayer’s refund and interest of more than R135 000
Tax Ombud secures taxpayer’s refund and interest of more than R135 000
The Office of the Tax Ombud (OTO) does not only help speed up the resolution of taxpayer complaints and gets the South African Revenue Services (SARS) to pay monies due.
According to OTO, there are also instances where it secures them thousands of rands worth in interest.
The Ombud has cited the latest case involving a complaint about SARS’ “repeated” inability to finalise a taxpayer’s verification of the 03/2023 value-added tax (VAT) declaration.
“The OTO investigated the complaint and discovered that the taxpayer had filed the VAT return on 14 April 2023, reflecting a refund of R5 398 613.44.
“The return was selected for verification and the taxpayer uploaded the supporting documentation requested, all on the same day. SARS, however, did not request additional information or finalise the verification within the turnaround time of 21 business days,” the OTO explained.
As a result, the taxpayer complained to the SARS Complaints Management Office in May last year.
However, according to the statement, SARS proceeded to request additional information in June 2023.
“After the taxpayer submitted the documentation on 20 June 2023, SARS again did not finalise the verification within 21 business days. The taxpayer complained with the OTO on 7 August 2023, and the complaint was accepted on 11 August 2023.”
The office recommended that SARS finalise the verification of the 03/2023 VAT declaration and pay out the refund with interest if applicable or provide valid reasons for not doing so.
Meanwhile, the verification of the 03/2023 VAT declaration was finalised in August 2023.
Although SARS issued an additional assessment, the OTO stated that a refund of R4 255 398.20 was paid in September last year and the taxman paid the taxpayer interest of R135 152.62 the following month.
The Ombud explained that if a VAT refund is not paid out within 21 business days, SARS is obliged to pay interest at a prescribed rate on the amount refundable.
“There are, however, certain circumstances that will delay the accrual of interest. Where for instance a taxpayer submitted a defective or incomplete return, where SARS requested information from the taxpayers about the return in question, or where a taxpayer did not provide SARS with confirmed banking details,” the statement read.
The OTO said the 21 business days will only start counting on the date on which the taxpayer provides SARS with the correct return, information or banking details.
“It is therefore extremely important for taxpayers to ensure that they act promptly to comply with SARS’s requests.”
The OTO’s services are free, and the organisation continues to make a massive difference in taxpayers’ lives with tax complaints against SARS. – SAnews.gov.za
Gabisile
Fri, 01/19/2024 - 10:54
286 views
Celebrating Admire and Appreciation: Valentines Day Corporate Gifts by Perkal Promo
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Condolences for Violet Siwela
Condolences for Violet Siwela
Minister of Small Business Development Stella Ndabeni-Abrahams has paid tribute to the Chairperson of the Portfolio Committee on Small Business Development, Violet Siwela, for serving the committee with distinction.
In a statement on Thursday, Ndabeni-Abrahams expressed her heartfelt condolences to her family, friends, comrades and her political home, the African National Congress.
“Her sad passing marks the end of a life that was selflessly dedicated to serving the people of South Africa, in particular the informal traders, cooperatives, micro, small and medium enterprises ecosystem.
“Inspired by her proud legacy, we pledge to continue working tirelessly to ensure the growth and sustainability of small businesses. In her name and in honour of her legacy, we commit to ensure that the National Small Enterprise Amendment Bill is passed,” the Minister said.
The Bill seeks to amend the National Small Enterprise Act to provide for the establishment of the Small Enterprise Development Finance Agency (SEDFA) and the subsequent disestablishment of the Small Enterprise Financing Agency (Sefa), the Co-operative Banks Development Agency (CBDA) and the Small Enterprise Development Agency (Seda); and for the establishment of the Office of the Small Enterprise Ombud Service.
The Bill further enables the Minister to declare certain practices in relation to small enterprises to be prohibited as unfair trading practices and to make regulations with regard thereto.
“The successful passing of this Bill will be a fitting tribute to her commitment, dedication and passion for small business development,” she said. – SAnews.gov.za
nosihle
Fri, 01/19/2024 - 10:50
40 views
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Clairfield International and Rand Merchant Bank announce a formal M&A advisory partnership spanning 32 countries
Clairfield International, a top-ranked Europe-based global corporate finance partnership, and Rand Merchant Bank (RMB) (www.RMB.co.za), a division of FirstRand Bank Limited (part of FirstRand Limited, the largest financial services group by market capitalisation in Africa), are delighted to announce that they formally agreed to partner, marking both firms' commitment to global expansion and delivery of top-quality corporate finance advisory solutions for clients.
This partnership will position RMB as the gateway for Clairfield clients into South Africa, Nigeria, and the broader sub-Saharan African market, while Clairfield opens doors for RMB into Europe, the Americas, and the Asia-Pacific region. Following from Clairfield's successful partnership with top Japanese advisory firm Yamada Consulting in 2023 that covers Japan and the Association of Southeast Asian Nations, this new access to sub-Saharan Africa creates unparalleled coverage for midmarket corporate, private equity, and family business clients worldwide.
Clairfield International advises entrepreneurs, multinational corporations, and financial investors on M&A and other corporate finance solutions with special expertise in cross border situations through over 30 country teams globally. Clairfield International has completed 780 transactions on behalf of clients in the last five years totalling EUR 30 billion in disclosed deal value.
“We are optimistic about Africa's long-term growth, driven by technology, the high demand for infrastructure and rapid urbanisation, and we are eager to explore business opportunities across the continent. RMB has a corporate finance team of over 70 people, and with their reach and expertise on the ground, Clairfield can vastly expand its client offerings across sub-Saharan Africa,” says Alexander Klemm, Executive Chair of the Clairfield board of directors. “This partnership is a transformative step for both firms, enhancing our global footprint. Together we can access exciting global deal flow, buyers, and investors for our clients.”
RMB's award-winning corporate finance team partners local and global clients offering differentiated advice and innovative thinking on strategic topics as well as access to capital to enable their growth ambitions. RMB Corporate Finance has an unrivalled track record in corporate finance advisory in sub-Saharan Africa and is consistently the top-ranked advisor in the league tables in South Africa and Nigeria.
“This partnership underscores our commitment to building an M&A advisory capability that is internationally relevant to our clients,” says Krishna Nagar, Co-head of Corporate Finance at Rand Merchant Bank. “The increase in M&A activity across Africa positions us favourably with companies seeking global opportunities and expertise. Our collaboration with Clairfield has already proven fruitful as interest from Clairfield clients is evident in our mandates. We look forward to a continued partnership and access to Clairfield's expertise in developing and facilitating that global deal flow.”
Distributed by APO Group on behalf of Rand Merchant Bank.
About RMB:
Rand Merchant Bank (RMB) is a leading African corporate and investment bank (CIB) and part of the largest financial services group (by market capitalisation) in Africa – FirstRand Bank Limited (which is wholly owned by FirstRand Limited). We offer our clients innovative, value-added advisory, funding, trading, corporate banking, and principal investing solutions.
With a presence in 10 African countries, we have a significant footprint on the continent. We also have access to a network of retail banks, representative offices and branches across Africa, the UK, India and the US.
For more information visit: www.RMB.co.za
About Clairfield International:
Founded in 2004, Clairfield International provides advisory services on middle-market transactions for large companies, private investors and private equity, public sector clients, and family businesses. Headquartered in Europe with locations in every major region worldwide, we offer clients access to corporates, investors, key decision-makers, and sector experts, combined with a deep understanding of local regulations and cultures. Closing over 190 transactions annually, Clairfield ranks as one of the top independent M&A advisors in league tables worldwide.
For more information visit: www.Clairfield.com
Hollywood Foundation Celebrates Entrepreneurship and Impact at the Bambelela Business Awards in Limpopo
The Hollywood Foundation, renowned for its commitment to Enterprise and Supplier Development, proudly hosted the third edition of the Bambelela Business Awards in Limpopo on January 18, 2024. This distinguished event served as a platform to recognise and celebrate the achievements of local heroes who have made a positive impact on the communities of Limpopo. …
Government empowers citizens throught tv programme
Government empowers citizens throught tv programme
Government has packaged a television programme to empower, inform and educate citizens regarding initiatives that can improve their lives by profiling its programmes.
“We are giving voices to communities. We are sharing our content with the broader communities in this country. We are giving ordinary citizens an opportunity to talk about their daily experiences,” Government Communication and Information System (GCIS) Chief Director: Communication Service Agency, Neli Shuping, said in Pretoria on Thursday.
Shuping was addressing a special screening for a 13-episode Advertiser Funded Programme (AFP) called Citizens Connect, which will be flighted on SABC 2 starting on Thursday, 18 January 2024 at 20:30.
Repeats will be played on Fridays from 12:00 – 12:30 and it will be available on the SABC Plus streaming platform.
The Government Communication and Information System (GCIS) said the collaboration with SABC 2 was testament to government’s commitment to reaching a diverse audience and delivering impactful content.
“This is a massive milestone for the GCIS and it is a significant project that will be flighted on one of the biggest platforms, which is the SABC. The latest research on television advertisements shows that the engagement on ads from viewers has decreased, so having a programme like this is monumental as it provides an opportunity to communicate government messages,” Shuping said.
Citizens Connect is a social reality programme featuring government content, re-enactments and discussions on matters relating to gender-based violence and femicide (GBVF), anti-corruption and the Economic Recovery and Reconstruction Plan (ERRP).
The programme is aimed at encouraging active citizenry, inspiring change while informing and profiling government programmes. The choice of SABC 2 as a channel was informed by government’s efforts to engage and inform the public through a platform that has a wide audience and reaches many households across South Africa.
“We call on all South Africans across all spheres of life to follow and tune into SABC 2 from Thursday, 18 January – 22 March 2024 at 20:30, to follow and engage on the 13 episodes of Citizens Connect, which will significantly touch on various interventions and experiences of citizens with government on issues that are essential to their lives. Through storytelling and engaging content, we aspire to inspire a collective shift towards an informed and engaged society,” said Acting Director General of GCIS, Nomonde Mnukwa.
One of the episodes focuses on entrepreneurship and the government programmes that are intended to assist business owners with funding and business development.
The episode features two entrepreneurs who share their journeys in business and how they have navigated challenges such as the COVID-19 pandemic and the ongoing load shedding.
Communications Manager for the National Youth Development Agency (NYDA), Lwazilwaphesheya Khoza, informed viewers about the Voucher Programme, which range from R6 600 to R19 800. The voucher is used to purchase business support services from approved service providers.
She suggested that entrepreneurs could use the vouchers to buy inverters or generators to help keep the lights on during load shedding.
There is no contribution fee required for young entrepreneurs to participate in the Voucher Programme. Each registered entity is entitled to a maximum of two vouchers as per business development phase.
Minister of Small Business Development Stella Ndabeni-Abrahams, who was interviewed at the special screening, shared information about government programmes aimed at assisting entrepreneurs. – SAnews.gov.za
nosihle
Thu, 01/18/2024 - 12:45
272 views
4 000 families to receive houses in the Northern Cape
4 000 families to receive houses in the Northern Cape
Government is set to build over 4 000 houses in municipalities across the Northern Cape over the course of the next 12 to 18 months, in a programme valued at R1 billion.
“Through this project, thousands of families will now have a home they can call their own, an asset that can be used to improve their lives and access financing for their needs, and a home that can be passed on to future generations,” President Cyril Ramaphosa said on Thursday.
Addressing the launch in Kimberley, President Ramaphosa described the mega-housing project as the biggest in the history of the Northern Cape.
“This project is going to help reduce the housing backlog in the Northern Cape, as more people have access to housing in urban and rural areas. The most vulnerable in our society will be prioritised as beneficiaries of this mega-housing project.
“We will strive to ensure that the elderly, child-headed households, military veterans and persons with disabilities get priority in the allocation of these houses. What is significant about this project is that it will also address the housing needs of the so-called ‘missing middle’, people who have a form of income but do not qualify for either subsidised housing or home loans with commercial banks,” President Ramaphosa said.
The project will also be allocating funds to eradicate informal settlements and unsuitable housing structures like mud homes.
“This project is going to create work and business opportunities in the Northern Cape across its lifespan. These opportunities will be in the construction itself, in the sourcing and production of building materials, in the laying down of bulk infrastructure, in the supply of professional services and other economic activities associated with the project.
“We will be prioritising women and youth-owned businesses. We are determined that it will be Northern Cape residents and Northern Cape businesses that will benefit from the opportunities that will be created,” the President said.
He assured residents that the province has put measures in place to ensure these housing projects are delivered within the projected timeframes, according to budget and without any wastage or corruption.
“We know that right here in Roodepan and in other parts of the municipality there are social housing structures that were not built according to quality standards, or are facing challenges with wastewater drainage and groundwater seepage.
“This will not be allowed to happen again. We are going to ensure that the contractors appointed to this project observe the highest construction standards,” the President said.
He said the launch of the project is a further demonstration that government is making good on its commitment to fulfil the human rights of all South Africans.
“Providing houses for the poor and vulnerable who are dependent on government support requires innovative funding mechanisms. We have to mobilise resources in partnership with financial institutions, especially development finance institutions.
“By leveraging the Human Settlements Development Grant, the Northern Cape has secured funding through a loan facility of National Treasury and the Development Bank of Southern Africa to build these top structures and housing units.
“This loan will further be augmented by funding from the fiscus and the provincial government to achieve the total project value. This will significantly shorten the time it takes to build these houses,” the President said.
Thirty years of democracy
Despite the current challenges in the country, the President said government has made progress in expanding access to housing since the advent of democracy.
“This year, we celebrate 30 years since achieving our democracy. Last year, Statistics South Africa released the results of Census 2022, which give an indication of the strides we have made in improving the lives of the South African people.
“When the census was conducted in 2022, nearly 9 out of every 10 households were living in formal dwellings. When the first census in a democratic South Africa was held in 1996, only 6 out of every 10 households lived in a formal dwelling.
“In South Africa today, 8 out of every 10 households have access to piped water either inside their home or in the yard. These are achievements we must celebrate,” President Ramaphosa said.
He said over 4.7 million housing opportunities have been provided since the advent of democracy.
This includes stand-alone houses, multiple storey and multi-unit buildings and serviced stands.
“Security of tenure has been granted to the many households who live in pre-1994 government rental houses. We have given subsidies and transferred title deeds to approximately 376 000 qualifying beneficiaries of these homes.
“We have been working to eradicate spatial inequality by building socially and economically sustainable human settlements close to places of work, study and recreation,” he said. – SAnews.gov.za
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Thu, 01/18/2024 - 13:17
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Liquid Intelligent Technologies achieves Cisco Gold Certification, elevating the delivery of network services for South African customers
Liquid Intelligent Technologies (Liquid) (https://www.Liquid.Tech/), a business of Cassava Technologies, a pan-African technology group, proudly announces its attainment of the Cisco Gold Certified Partner certification level for its South African operations. Liquid SA is now one of a few select partners in Africa to achieve this milestone, joining an elite group of system integrators with proven expertise and competency in Cisco technologies and solutions.
“The Cisco Gold Certification is another validation for our customers as we continue to be the digital service provider of choice for businesses in South Africa. This certification reflects our team's expertise and commitment to meeting the highest industry standards. While this is an accomplishment for Liquid SA, it is a win for our customers, who will reap the benefits of higher levels of expertise, access to advanced technologies, comprehensive support, and the assurance that they are working with a partner that has a proven track record in delivering Cisco solutions,” says Deon Geyser, CEO of Liquid Intelligent Technologies South Africa.
The Gold Certification confirms that Liquid SA will deliver superior service and support capabilities, underpinned by an extensive evaluation process. The certification also ensures that customers are supported by a team of ISO quality-level personnel proficient in delivering network and managed services.
"For us, collaboration and the power of partnerships is what drives innovation to meet evolving customer needs. This milestone not only reflects the dedication and expertise of Liquid Intelligent Technologies but also exemplifies a shared commitment to advancing network services in South Africa. We are proud to partner with a company that upholds the highest standards of excellence, and together, we look forward to shaping the future of connectivity for South African customers with cutting-edge solutions and unparalleled service deliver,”says Hayward Rose, Partner Channel Lead for Sub-Saharan Africa at Cisco.
While these services are available with immediate effect to existing and potential Liquid SA customers, the Gold Certification represents a culmination of years of successfully delivering Cisco projects and services as part of the company's goal to enhance its customers' experience on their digital journey, while ensuring that no African business is left behind.
Distributed by APO Group on behalf of Liquid Intelligent Technologies.
About Liquid Intelligent Technologies:
Liquid Intelligent Technologies is a business of Cassava Technologies, a pan-African technology group with operations in over 25 countries in Africa. Liquid has firmly established itself as the leading provider of pan-African digital infrastructure with a 110,000 km-long fibre broadband network and satellite connectivity that provides high-speed access to the Internet anywhere in Africa. Liquid is also leveraging its digital network to provide Cloud and Cyber Security solutions through strategic partnerships with leading global players. Liquid is a comprehensive technology solutions group that provides customised digital solutions to public and private sector enterprises and SMEs across the continent. For more information, visit https://www.Liquid.Tech/.
About Cisco:
Cisco is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom (https://apo-opa.co/47zxJ9i) and follow us on X at @Cisco (https://apo-opa.co/3u7sRKK).