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You are here: Home / Archives for Cape Town

Cape Town

16 June 2024

Senzo Mchunu elected as Acting Minister of Agriculture

Location: News

Senzo Mchunu elected as Acting Minister of Agriculture

President Cyril Ramaphosa has appointed the Minister of Water Affairs and Sanitation, Senzo Mchunu, as Acting Minister of Agriculture, Land Reform, and Rural Development.

“The appointment, which takes effect immediately, follows the election by the National Assembly of Minister of Agriculture, Land Reform and Rural Development Thoko Didiza as Speaker of the National Assembly,” the Presidency statement read. 

On Friday, the newly elected Speaker of the seventh administration committed to ensure that Parliamentary debates are conducted within the rule of law, and in a fair manner.

Didiza took the seat of the Speaker during the first sitting of Parliament, held at Cape Town International Convention Centre (CTICC). 

Didiza, who is an African National Congress member, received 284 votes against Economic Freedom Fighters’ Veronica Mente, who received 49. 

“I also commit that I will work with all the parties, led by their whips and representatives, to make sure that we conduct the business of this Parliament in a manner that indeed reflects the will of the people of South Africa,” Didiza said.

The Democratic Alliance’s Annelie Lotriet was elected Deputy Speaker after securing 273 votes. – SAnews.gov.za
 

Gabisile
Sun, 06/16/2024 - 06:59

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Read moreSenzo Mchunu elected as Acting Minister of Agriculture
15 June 2024

All set for President Ramaphosa’s inauguration on Wednesday

Location: News

All set for President Ramaphosa's inauguration on Wednesday

Government is all set for the Presidential inauguration, which will take place on Wednesday, 19 June 2024, at the Union Buildings in Pretoria.

This is after Cyril Ramaphosa was re-elected as the President of South Africa on Friday at the first sitting of the National Assembly of the seventh democratic administration, which was held at the Cape Town International Convention Centre (CTICC).

Three hundred and thirty-nine ballot papers were issued and counted, with 12 invalid ballots. Ramaphosa received 283 votes against Economic Freedom Fighters leader Julius Malema, who received 44 votes from MPs.

READ | President Ramaphosa re-elected to lead South Africa

Section 87 of the Constitution of the Republic of South Africa prescribes that the President of the Republic must be sworn in within five days after his or her election by the National Assembly. 

“Consequently, the provisions of Section 87 kick in and the President of South Africa must accordingly be inaugurated on Wednesday, 19 June 2024,” Minister in the Presidency, Khumbudzo Ntshavheni, announced at a briefing on Saturday. 

Ntshavheni described the Presidential inauguration as an important feature in a year in which South Africa is marking 30 Years of Freedom. 

“The inauguration will bring together South Africans from all backgrounds, walks of life and political orientations, united in our diversity. It offers us an occasion to celebrate our democratic values and system of governance, including the agreed commitment of our body politic that the seventh administration will be one led by a government of national unity.”

READ | President-elect reiterates commitment to uplifting South Africa

Ntshavheni said this year’s theme, '30 Years of Democracy, Partnership and Growth’, brings together the country’s past and the road travelled since 1994 when Nelson Mandela took his oath at the Union Buildings as the first democratically elected President.

The ceremony will be held at the Union Buildings Amphitheatre and its South Lawns. 

According to the Minister, the Amphitheatre will host national and foreign dignitaries, including Heads of State and Government. 

Preparations have been made for South Africans to participate in the ceremony. 

The South African National Defence Force (SANDF) will perform the ceremonial elements of the inauguration, as they pledge their allegiance to both the Republic and the Commander-In-Chief. 

The ceremonial elements will include, amongst others, a 21-gun salute, a salute flight by the South African Air Force, inspection of a SANDF battalion, a battalion march past, and massed fly past. 

Ntshavheni, the Chairperson of the Inter-Ministerial Committee (IMC) preparing for the inauguration, stated that the President-elect would be sworn in by Chief Justice Raymond Zondo and would take an oath or affirmation as outlined in Schedule 2 of the Constitution.

The newly sworn-in President will also deliver his inaugural address.

Attendees will also enjoy an array of music genres and other cultural and artistic performances that reflect the achievements of the past three decades. 

In terms of road closures, she said there will be no private vehicle access to the Union Buildings or the area immediately surrounding the venue. 

“Tshwane Metro Police will effect road closures in and around the Union Buildings precinct. Residents in streets affected by these closures will be alerted on how they will access various exits and entrances.” 

Ntshavheni said law enforcement is fully deployed to continue to ensure the safety and security of all South Africans and guests on the day and throughout the post-election phase of the country. 

The Minister encouraged South Africans to be part of this momentous occasion, and for those who cannot attend to follow proceedings on television and radio.

“Government, therefore, calls on South Africans to take a few hours out of their time to devote attention to this special occasion and especially to encourage children and young people to observe this event as part of building social cohesion and developing an appreciation for what makes us special as a nation.”

She told the media that the ceremony will commence with an entertainment programme at 9am, while the formal proceedings are scheduled to commence at 11am.  – SAnews.gov.za
 

Gabisile
Sat, 06/15/2024 - 15:59

361 views
Read moreAll set for President Ramaphosa’s inauguration on Wednesday
15 June 2024

Refilwe Mtsweni-Tsipane elected unopposed as Chair of NCOP

Location: News

Refilwe Mtsweni-Tsipane elected unopposed as Chair of NCOP

The African National Congress’s Refilwe Mtsweni-Tsipane was elected unopposed as the Chairperson of the National Council of Provinces (NCOP) on Saturday.

The newly-elected Chairperson vowed to execute the obligations of her Office in accordance with the Constitution. 

This morning, delegates from nine provinces were sworn in at the Cape Town International Convention Centre (CTICC) at the first sitting of the NCOP since the General Election in May.

In the first sitting of the National Assembly (NA) on Friday, new Members of Parliament (MPs) took the oath and affirmation. This session also saw the election of Speaker Thoko Didiza and the re-election of President Cyril Ramaphosa.

Chief Justice Raymond Zondo, who presided over the proceedings, also administered the prescribed oath and affirmation to the NCOP members and presided over the election of the NCOP Chairperson.

Mtsweni-Tsipane, who is the outing Premier of Mpumalanga, emphasised the need for transformative leadership, women’s inclusion, and progressive governance in the provinces. 

“It is with great humility and a deep resolve to honour your trust that I assume the position of Chairperson in the National Council of Provinces during the seventh parliamentary dispensation. 

“It is indeed an honour for me to serve our Constitution, which is the base framework for democratic governance in South Africa, far from being purely prescriptive and constraining. Our Constitution is permissive and enabling, putting the power of the State in pursuit of a positive project of achieving equality, justice and freedom,” she told the House. 

Since its inception, she said the NCOP has always played an important role in the promotion of the principles of cooperative governance and inter-governmental relations.

“The NCOP will need to address the uncertainty which is rife around the status of intergovernmental relations, decisions and recommendations. We must also address issues relating to who takes responsibility for the follow up of recommendations and key executive undertakings while addressing the lack of horizontal integration between the activities of various government departments,” said Mtsweni-Tsipane.

According to Mtsweni-Tsipane, the NCOP has been strategically repositioned over the past few years to improve the quality of life of ordinary South Africans, particularly the poor and the marginalised.

“As we begin with the task of the seventh parliament, the NCOP must foster and maintain a dynamic relationship with provinces, particularly the provincial legislatures, as well as the communities that we serve.”

She said she hoped that permanent delegates would serve as active agents for the ongoing promotion of a dynamic interaction with their provinces. 

“The significance of this ongoing interaction cannot be overemphasised, as this facilitates a useful link between both provincial and national spheres of government is faced with a wide variety of developmental challenges, which include the high levels of inequality and unemployment, slow economic growth, as well as the gender-based violence and femicide.” 

The Chairperson believes the House has made great strides in institutionalising key oversight and report back programmes. 

These include the Women’s Parliament, Youth Parliament, Men’s Parliament, as well as the provincial women’s charter report back programme. 

She said the NCOP must collectively strive to work cooperatively with all stakeholders to address the developmental challenges of the nation.

Kenneth Mmoiemang, who is a member of the Northern Cape delegation, was also elected unopposed as the Chief Whip of the NCOP. 

During the swearing-in ceremony, Chief Justice Zondo explained the contents of the oath and affirmation.

The delegates promised to fulfil their duties as permanent delegates to the NCOP or as members of their provincial legislatures to the best of their abilities.

The NCOP is one of the two Houses of Parliament and consists of 54 permanent members and 36 special delegates. 

Delegations consist of 10 representatives from each province and the NCOP must have a mandate from the provinces before it can make certain decisions.

The House aims to represent provincial interests in the national sphere of government. 

South African Local Government Association (Salga) President Bheki Stofile congratulated Mtsweni-Tsipane on her election while the heads of delegations from provinces also offered their messages of support. – SAnews.gov.za

Gabisile
Sat, 06/15/2024 - 12:17

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Read moreRefilwe Mtsweni-Tsipane elected unopposed as Chair of NCOP
15 June 2024

Mpox cases rise to seven in SA after new infection recorded in W Cape

Location: News

Mpox cases rise to seven in SA after new infection recorded in W Cape

The Department of Health has advised people on medication for any health condition to adhere to their treatment, as the number of Mpox cases has risen to seven.

The department has noted that all diagnosed patients have chronic illnesses, suggesting a high probability of immunocompromise, unless adherent to prescribed treatment.

“Treatment adherence can prevent new or worsening health problems, and failure to adhere to your prescriptions can negatively impact the quality of your life,” the department said.

The latest confirmed case is a 39-year-old male patient, who was admitted on 28 May 2024 at a local private health facility in Cape Town. 

On Thursday, he tested positive for Mpox, formerly known as monkeypox, at a private laboratory. 

“The patient presented with extensive lesions and he is RVD (retrovirus disease) positive with unknown CD4,” the department said.

The latest patient listed his residential address as Northcliff, Gauteng. 

On Thursday, Health Minister Dr Joe Phaahla announced a second death linked to Mpox. 

Meanwhile, the department said it was scheduled to receive a batch of Mpox treatment, Tecovirimat, which has been described as effective in preventing morbidity and mortality associated with the disease, especially when initiated within a few days of incubation and diagnosis.

In addition, the department said it was working closely with other stakeholders and will continue with surveillance, contract tracing and health education activities across the country and empower citizens with information to make well-informed health choices. 

“The effectiveness of contract tracing and case finding depends on the cooperation and accuracy of information provided by both confirmed and suspected cases.” 

Some of the common symptoms of Mpox include a rash, which may last for two to four weeks, fever, headache, muscle aches, back pain, low energy and swollen glands or lymph nodes. 

The painful rash looks like blisters or sores and can affect the face, palms of the hands, soles of the feet, groin, genital and/or anal regions. – SAnews.gov.za

Gabisile
Sat, 06/15/2024 - 12:28

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Read moreMpox cases rise to seven in SA after new infection recorded in W Cape
15 June 2024

President-elect reiterates commitment to uplifting South Africa

Location: News

President-elect reiterates commitment to uplifting South Africa

President-elect Cyril Ramaphosa has reaffirmed his commitment to continue to work towards the objectives of building a united and prosperous South Africa.

In his acceptance speech after being elected by Members of Parliament to be the President of the seventh administration, Ramaphosa on Friday said he was “humbled and honoured” to be entrusted with the responsibility of the office.

“It is with pleasure that I accept [the re-election]. It will once again be a privilege and pleasure to serve this great nation in the position of President. I wish to thank all leaders for their congratulatory messages.

“Your messages are a clear clarion call for working together, and they constitute what I see as a well of encouragement, good advice and wisdom,” President Ramaphosa said.

READ | President Ramaphosa re-elected to lead South Africa

Ramaphosa, the President of the ANC, was re-elected at the first sitting of the National Assembly of the seventh administration held at the Cape Town International Convention Centre (CTICC). Earlier in the day, he was also sworn in as a Member of the National Assembly. However, once elected, he ceases to be an MP.

The Constitution stipulates that once elected as President by the National Assembly, the President-elect must assume office within five days by taking an oath or affirming their faithfulness to the Republic and their obedience to the Constitution.

After the conclusion of the first sittings, MPs will proceed to attend the Inauguration of the President-elect, which is scheduled for 19 June 2024 in Pretoria.

Addressing the House as President-elect after securing 283 votes of 339 during Friday’s proceedings, Ramaphosa said he believed that this is an era of hope and inclusivity. He acknowledged the reality of the 2024 National and Provincial Elections results, where no party represented in the National Assembly achieved an outright majority to enable it to work alone legislatively and at the executive level.

“Through their vote, our people expect all parties to work together within the framework of our Constitution, and to work as political parties to achieve the objectives of a democratic society based on non-racialism, non-sexism, peace, justice, and to ensure stability and tackle the triple challenge of poverty, unemployment and inequality, and to achieve prosperity for all,” President Ramaphosa said.

He challenged the political parties represented in Parliament to pledge to cooperate to foster national unity, and through the voluntary government of national unity.

Once the President has taken the oath of office, he will proceed to form a Cabinet, selecting Ministers who will head various government departments and execute the administration's policies. Additionally, the President will convene a joint sitting of the newly established National Assembly and the National Council of Provinces for the Opening of Parliament. – SAnews.gov.za

GabiK
Sat, 06/15/2024 - 01:34

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Read morePresident-elect reiterates commitment to uplifting South Africa
15 June 2024

President Ramaphosa re-elected to lead South Africa

Location: News

President Ramaphosa re-elected to lead South Africa

Cyril Ramaphosa has been re-elected as the President of the Republic of South Africa, who will lead the seventh democratic administration.

After a full day of proceedings during the first sitting of the National Assembly of the seventh Parliament, Ramaphosa -- the President of the African National Congress -- was on Friday evening nominated for the position of President.

The sitting took place at the Cape Town International Convention Centre (CTICC) in the Western Cape.

Three hundred and thirty-nine ballot papers were issued and counted, with 12 invalid ballots. Ramaphosa received 283 votes against Economic Freedom Fighters leader Julius Malema, who received 44 votes.

African National Congress Member of Parliament (MP), Mdumiseni Ntuli, nominated Ramaphosa for the position of President, and was seconded by Inkatha Freedom Party (IFP) leader and MP, Velenkosini Hlabisa, during a process that was presided over by Chief Justice Raymond Zondo.

The President’s election came after former Agriculture, Land Reform and Rural Development Minister, Thoko Didiza was elected as the Speaker of the National Assembly after a vote in the House.

READ | Didiza appointed new National Assembly Speaker

Didiza was declared by Justice Zondo as a Speaker after receiving 284 votes against her contestant, Veronica Mente from the Economic Freedom Fighters, who received 49 votes.

The Democratic Alliance's Dr Annelie Lotriet was elected as the Deputy Speaker of the National Assembly for the seventh Parliament. This after she received 273 votes, while fellow nominee, Vuyolwethu Zungula, the African Transformation Movement leader, received 54 votes.

The first sitting of the National Assembly took place after the General Election on 29 May. The day’s proceedings started with the swearing in of Members of Parliament, who either took an oath or affirmation that enjoins them to be faithful to the Republic of South Africa, and to obey, respect and uphold the Constitution and all other laws of the Republic.

READ | New Members of Parliament sworn in

South Africa’s recent National and Provincial Elections were the most contested and most compelling since the dawn of democracy in 1994. As in the post-1994 election period, President-elect Ramaphosa is expected to lead a Government of National Unity into the future.

This will be his second term as the leader of South Africa’s government.

He is expected to be inaugurated next Wednesday, 19 June.

Messages of congratulations

After Justice Zondo declared the re-election of President Ramaphosa, various political parties took turns in congratulating him.

Democratic Alliance leader John Steenhuisen said the day is a historic day for the country, and the start for a new chapter of building, cooperation, and putting the country’s interests and future first.

“In these elections, the voters chose not to give any party its own majority, and in doing so, they have told us that they want us to work together to build a prosperous non-racial, united South Africa, with a great economy that works for everybody. We must now rise to the occasion and rise to the call of South Africa,” Steenhuisen said.

EFF leader Julius Malema also congratulated the President, saying his party accepts the results and the voice of people of South Africa expressed during the elections.

“We are going to ensure that this Parliament is functional,” Malema said.

Inkatha Freedom Party leader, Velenkosini Hlabisa, said this is the beginning of a new era.

“The IFP stands ready to serve in the government of South Africa. We enter the government of national unity with an open mind and eyes wide open.”

READ | Date set for Presidential inauguration

Ramaphosa was sworn in as the President of South Africa for the first time on 15 February 2018 and again on 22 May 2019 after the 2019 elections.

The early years

The President was born on 17 November 1952 in Johannesburg. His family was moved from Western Native Township to Soweto in 1962, where he attended Tshilidzi Primary School.

He completed high school at Mphaphuli High School in Sibasa, Venda in 1971.

Ramaphosa began his studies at the University of the North in 1972, where he became involved in student politics, joining the South African Student Organisation (SASO) and the Black People’s Convention (BPC).

The President holds a law degree from the University of South Africa, and has received several honorary doctorates from local and international universities.

He received the Olof Palme prize in Stockholm in 1987 and was awarded the National Order of the Baobab in Silver in 2009 for his contribution to the multiparty negotiations and for chairing the Constitutional Assembly.

Prior to becoming the President of South Africa, Ramaphosa served as the Deputy President since 2012. – SAnews.gov.za

Matona
Sat, 06/15/2024 - 00:09

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Read morePresident Ramaphosa re-elected to lead South Africa
14 June 2024

Didiza appointed new National Assembly Speaker

Location: News

Didiza appointed new National Assembly Speaker

The newly elected Speaker of the National Assembly (NA) of the seventh administration, Thoko Didiza, has committed to ensure that Parliamentary debates are conducted within the rule of law, and in a manner that is fair.

Didiza made the commitment as she took the seat of the Speaker of the National Assembly during the first Joint Sitting of Parliament, held at Cape Town International Convention Centre (CTICC) in the Western Cape on Friday.

The outgoing Minister of Agriculture, Land Reform and Rural Development and African National Congress member took the seat of the Speaker after receiving 284 votes against her contestant, Veronica Mente from the Economic Freedom Fighters, who received 49 votes.

Didiza commended Members of Parliament from across the political divide for supporting her nomination, as the new government of national unity starts to take shape, and for participating in the democratic process of electing the Speaker.

“As a country and a democratic State, we have an opportunity to express our views, representing our constituencies, and we have to elect and participate in such process,” Didiza said.

She emphasised that Parliament is an important institution of the country, where members have to pass laws and ensure that they play an oversight role on the Executive.

“I also commit that I will work with all the parties, led by their whips and representatives to make sure that we conduct the business of this parliament in a manner that indeed reflects the will of the people of South Africa,” Didiza said.

Didiza presided over the election of her Deputy, which was contested by African Transformation Movement leader, Vuyolwethu Zungula, and the Democratic Alliance's Annelie Lotriet.

With 273 votes, Lotriet is now the Deputy Speaker of the National Assembly. – SAnews.gov.za
 

GabiK
Fri, 06/14/2024 - 19:00

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Read moreDidiza appointed new National Assembly Speaker
14 June 2024

Road closures ahead of first sitting of Parliament

Location: News

Road closures ahead of first sitting of Parliament

The public is advised that numerous road closures will be in effect around the Cape Town International Convention Centre (CTICC) ahead of the first sittings of the two Houses of Parliament.  

Parliament is gearing up to host the first sittings of the two Houses of Parliament scheduled for Friday and Saturday at the CTICC.

Friday’s proceedings will see Members of Parliament (MPs) electing a President who will form the seventh administration to govern the country.

The City of Cape Town’s Traffic Service advises motorists to plan their routes accordingly and to avoid the foreshore where possible. 

The following road closures will take effect:

  • Two left lanes on Walter Sisulu Avenue at Lower Long Street, towards Heerengracht Street. Only the right lane will be open to traffic. However, on Friday and Saturday, this lane could be closed as needed. 
  • Lower Long Street is closed from FW De Klerk Boulevard towards Walter Sisulu Avenue.
  • FW De Klerk Boulevard is closed at Heerengracht Street, with local access only.
  • The left lane along Heerengracht Street between the Walter Sisulu Avenue traffic circle and FW De Klerk Boulevard.
  •  The right lane at the MyCiti depot along FW De Klerk Boulevard. 
  • The left lane on the elevated freeway next to the Convention Centre will be closed from 9 am this morning. 

The closures will be in place until the events at the CTICC have concluded. – SAnews.gov.za

Gabisile
Fri, 06/14/2024 - 08:44

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Read moreRoad closures ahead of first sitting of Parliament
14 June 2024

New Members of Parliament sworn in

Location: News

New Members of Parliament sworn in

Chief Justice Raymond Zondo has urged newly sworn-in Members of Parliament to reflect on past mistakes and commit to improving democracy in South Africa.

The Chief Justice on Friday presided over the swearing in of hundreds of Members of Parliament (MPs) at the Cape Town International Convention Centre (CTICC) during the first sitting of the National Assembly of the seventh Parliament. 

Zondo described the first sitting of Parliament after the General Elections last month as an important milestone for South Africans. 

“We get an opportunity to look back on the road we have travelled and see where we have made mistakes, and see where we have done well and make sure that in the fourth decade of our democracy, we will not repeat those mistakes,” he told the House. 

READ | Parliament ready for National Assembly sitting

Zondo took the time to congratulate the MPs who were sworn in and reminded them of the position they occupy in the National Assembly.

“They make laws for our country and in that way, shape the future of our democracy. Therefore, as you take the oath or make the affirmation that you will make today, you will recall the responsibility that the people of South Africa have placed on your shoulders and the honour that you have been given, and the privilege to be part of this very important body in our country.”

The Chief Justice stressed the importance of the oath taken by MPs, which enjoins them to be faithful to the Republic of South Africa, and to obey, respect and uphold the Constitution and all other laws of the Republic.

Zondo reminded MPs that the oath or affirmation is "binding... on their conscience".

The election of the Speaker of the National Assembly is now underway after two nominations were put forward for this position. After this process is concluded, the elected Speaker will preside over the election of the Deputy Speaker.

WATCH | 

First sitting of the National Assembly

Today, MPs will also elect a President to form the seventh administration for the nation, and a government of national unity after the ruling party did not secure an absolute majority. – SAnews.gov.za

Gabisile
Fri, 06/14/2024 - 12:37

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Read moreNew Members of Parliament sworn in
14 June 2024

Daylin Mitchell Acceptance Speech

Location: News

During the sitting of the 7th Parliament of the Western Cape yesterday, 13 June, Daylin Mitchell was elected as Speaker. His acceptance speech during the sitting: “I am humbled to address you today as the newly elected Speaker of the Western Cape Provincial Parliament. Humbled, but also grateful and proud to represent the WCPP and …

Read moreDaylin Mitchell Acceptance Speech
14 June 2024

New Western Cape Cabinet

Location: News

On Thursday, 13 June 2024, Premier Alan Winde announced the new Cabinet of the Western Cape Government (WCG). “It is my pleasure to announce the team that will help me continue the work of our government over the next 5 years. I have worked with many of my fellow Cabinet members for years already and …

Read moreNew Western Cape Cabinet
13 June 2024

Parliament ready for National Assembly sitting

Location: News

Parliament ready for National Assembly sitting

Secretary to Parliament, Xolile George, has described the first sittings of the National Assembly (NA) and the National Council of Provinces (NCOP) as a reflection of the electoral mandate of the people of South Africa, as expressed in the recent elections.

“The people have spoken. They have chosen a Parliament that will represent them, as freely elected representatives as reflected in the preamble of the Constitution, to champion their causes, and serve their interests for the next five years,” he said on Thursday. 

George held a media briefing on Thursday as Parliament gears up to host the first sittings of the two Houses of Parliament scheduled for Friday and Saturday.

Tomorrow’s proceedings will also see Members of Parliament (MPs) electing a President who will form the seventh administration to govern the nation. 

“Over the past months, the administration of Parliament has undertaken extensive preparatory work to ensure a seamless transition from the sixth term to the seventh term of Parliament. This has been a pivotal moment for us as a nation, involving a delicate constitutional process that has not been without its challenges.”

He touched on the challenges they have had to overcome such as court challenges to ensure the success of these important inaugural sittings of the two Houses of Parliament. 

“This collective effort underscores our commitment to upholding the democratic principles underpinning our Constitution and ensuring that the will of the people is effectively translated into action.

“With each step in this constitutional process having been meticulously followed and adhered to, we now stand at the cusp of yet another critical milestone in the history of our constitutional democracy.” 

George explained that it was the Chief Justice Raymond Zondo’s responsibility to determine the dates for the first sittings of both Houses to preside over these sittings. 

“Chief Justice Raymond Zondo has diligently complied with these constitutional obligations, ensuring that the two Houses of Parliament hold their first sittings within the prescribed 14-day period as mandated by the Constitution.” 

The Secretary announced that the inaugural sittings will take place at the Cape Town International Convention Centre (CTICC).

Parliamentary process

The Chief Justice will open the session and preside over the swearing-in of all the permanent delegates appointed by their respective provinces. 

“This will follow the first sittings of the provincial legislatures to elect permanent and non-permanent delegates to the NCOP. 

“After presiding over the swearing-in of the 54 designated permanent delegates, the Chief Justice will also chair the election of the Chairperson of the Council.” 

Once elected, the new Chairperson will take over the proceedings and preside over the election of the Deputy Chairpersons.

Following the swearing-in ceremony, Chief Justice Zondo will also preside over the election of the Speaker of the NA and then he or she will take over the proceedings and preside over the election of the Deputy Speaker.

“These elections are crucial for the proper constitution of the National Assembly, as they ensure the leadership structure is in place to guide the House’s functions and duties.”

Once the Speaker and Deputy Speaker are elected, George explained that the NA will then be constitutionally competent to proceed with electing a Member of the Assembly to be inaugurated as the President. 

“This is a crucial process, as it sets the stage for the formation of the new administration that will govern the country. Once elected, the person ceases to be a Member of Parliament.”

George has assured citizens that all necessary voting infrastructure has been meticulously prepared to ensure a smooth and secure election process. 

This includes the setup of voting booths for privacy, the provision of ballot boxes for the collection of votes, the preparation of the voters’ roll to verify eligible voters, and the availability of safety boxes for the secure safekeeping of ballot papers.

“We are fully prepared for the first sittings ... Our comprehensive preparations ensure that every aspect of these inaugural sessions, from logistical arrangements to security measures, have been meticulously planned and implemented.

“We are confident that the proceedings will unfold smoothly and effectively, marking the successful commencement of the 7th democratic Parliament,” said George. – SAnews.gov.za

 

Gabisile
Thu, 06/13/2024 - 15:37

406 views
Read moreParliament ready for National Assembly sitting
13 June 2024

Winde deeply honoured to be re-elected to lead Western Cape Government

Location: News

Today, 13 June 2024, Premier Alan Winde was re-elected to lead the Western Cape Government (WCG) for another 5-year term. Premier Winde was formally re-elected at the first sitting of the 7th administration of the Western Cape Provincial Parliament (WCPP), where the Speaker and Deputy Speaker were also officially elected. Premier Winde said, “It is …

Read moreWinde deeply honoured to be re-elected to lead Western Cape Government
13 June 2024

Date set for Presidential inauguration

Location: News

Date set for Presidential inauguration

The Secretary to Parliament, Xolile George, has announced that the inauguration of the President-elect will be held in Pretoria on Wednesday next week.

This comes as the National Assembly will hold its first sitting tomorrow at the Cape Town International Convention Centre, where the President will be elected following the swearing in of Members of Parliament.

The first sittings of the National Assembly on Friday and the National Council of Provinces on Saturday represents the establishment of the new parliamentary term, following the elections on 29 May 2024.

After receiving the list of candidates from Chief Justice Raymond Zondo, Parliament has been interfacing with the elected Members and their respective parties to capture their details into the parliamentary system.

The first sitting of the National Assembly will commence with the swearing-in of all designated members in attendance by the Chief Justice. Following the swearing-in ceremony, the Chief Justice will also preside over the election of the Speaker of the National Assembly.

“Once elected, the newly appointed Speaker will take over the proceedings and preside over the election of the Deputy Speaker. These elections are crucial for the proper constitution of the National Assembly, as they ensure the leadership structure is in place to guide the House’s functions and duties.

“With the Speaker and Deputy Speaker elected, the National Assembly will then be constitutionally competent to proceed with its first major task – the election of the man or woman from amongst the Members of the Assembly, to be inaugurated as the President of the Republic.

“This is a crucial process, as it sets the stage for the formation of the new administration that will govern the country. Once elected, the person ceases to be a Member of Parliament,” said George.

He said the Constitution stipulates that once elected as President by the National Assembly, the President-elect must assume office within five days by taking an oath or affirming their faithfulness to the Republic and their obedience to the Constitution.

George said that after the conclusion of the first sittings, members will proceed to attend the inauguration of the President-elect, which is scheduled for 19 June 2024 in Pretoria. – SAnews.gov.za

Janine
Thu, 06/13/2024 - 15:06

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Read moreDate set for Presidential inauguration
13 June 2024

South African Owned Taxi Ticket Booking App Launched

Location: MyPR

The service is available only for mini bus taxis belonging to taxi associations registered with the Department of Transport and are permitted to operate on the routes covered by the App. Taxi Travel Agency will collaborate with the local mini bus taxi industry including South African National Taxi Council (SANTACO) and National Taxi Alliance (NTA). …

Read moreSouth African Owned Taxi Ticket Booking App Launched
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

Pesticides are polluting Western Cape rivers all year round

Location: News

Studies of three river catchments have found an association between pesticide exposure and poorer brain function in children

Read morePesticides are polluting Western Cape rivers all year round
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. 

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MultiChoice Group
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12 June 2024

Southern Sun Newlands Café introduces exciting winter menu

Location: MyPR

Southern Sun Newlands Café, nestled in the heart of Cape Town’s Southern Suburbs, has launched its new Winter menu. As the temperatures drop, guests can now indulge in a delightful fusion of flavours that celebrate South African heritage and local ingredients. Nose-to-Tail Cooking and Zulu-Inspired Flair Executive Chef Sihle Dlamini, the creative force behind the …

Read moreSouthern Sun Newlands Café introduces exciting winter menu
12 June 2024

Mokoka set for Absa RUN YOUR CITY DURBAN 10K – his final race before the Olympic Marathon

Location: MyPR

With less than two months until the Olympic Games commence in Paris, three-time Olympian Stephen Mokoka has confirmed that the iconic Absa RUN YOUR CITY DURBAN 10K on Sunday 7 July 2024, will be his final race before competing in the Olympic Marathon five weeks later. “The Absa RUN YOUR CITY DURBAN 10K is going …

Read moreMokoka set for Absa RUN YOUR CITY DURBAN 10K – his final race before the Olympic Marathon
11 June 2024

Stellenbosch para-triathlete Crowdfunds for Life-Changing Off-Road Wheelchair

Location: MyPR

Alwyn Uys, a 33-year-old wheelchair athlete from Stellenbosch, is not just a testament to overcoming adversity but also an inspiration to many. Once an avid rugby player for Maties University and the Sharks Academy, Alwyn’s life took a dramatic turn on December 13, 2014. A momentary lapse while driving led to a severe car accident, …

Read moreStellenbosch para-triathlete Crowdfunds for Life-Changing Off-Road Wheelchair
11 June 2024

Psychology in construction: A psychologist shares her insights

Location: MyPR

Celebrity psychologist and international speaker Charissa Bloomberg has a history of applying her skills in the engineering, mining, and construction industries. Here, she shares her approach, from initial needs analysis to the human element that should never be underestimated. Bloomberg, known for her guest appearances across radio and TV stations, has a passion for integrity …

Read morePsychology in construction: A psychologist shares her insights
11 June 2024

Trial date set for Richard Mdluli corruption case

Location: News

Trial date set for Richard Mdluli corruption case

The corruption case against former South African Police Service (SAPS) Crime Intelligence Head, Richard Mdluli, has been set down for trial in October.

Mdluli will be in the dock in the Pretoria High Court with co-accused, former SAPS Head of Supply Chain Management, Heine Barnard and former SAPS Crime Intelligence Chief Financial Officer, Solomon Lazarus.

According to National Prosecuting Authority Investigating Directorate spokesperson, Henry Mamothame, the court ordered that the “trial will commence on the set date regardless of the pending outcome on an application by Mdluli compelling the SAPS to pay for his legal fees”.

“Mdluli, together with…Barnard and…Lazarus, are facing charges of corruption, fraud and theft relating to the police’s secret slush fund from the time they were employed by the SAPS in the Crime Intelligence Services, between 2008 and 2012,” he said.

The three face a raft of charges, including:

  • Payment of private trips to China and Singapore.
  • Private use of a witness protection house in Boksburg and conversion of this property for his personal use.
  • The leasing out of Mdluli’s private townhouse at Gordon Villas in Gordon’s Bay as a safe house to the State and using the monthly rental to pay his bond.
  • Payment of Mdluli’s financing costs owing on his private BMW through an intricate scheme to the detriment of the SAPS.
  • Coercing a SAPS supplier into giving Mdluli a special deal on the use and purchase price of a Honda Ballade.
  • Paying transfer costs to an attorney on the purchase of a house in Cape Town.
  • Having family members, without adequate qualifications or experience, appointed in crime intelligence as well as getting them on the payroll and paying their salaries, providing them with motor vehicles and cell phones.

The trial is expected to commence on 7 October this year. – SAnews.gov.za

NeoB
Tue, 06/11/2024 - 09:56

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11 June 2024

Licensing Rounds Open New Block Opportunities in Africa Ahead of AEW 2024

Location: Business
African Energy Chamber

With a strong slate of exploration and production activities and competitive licensing rounds in 2024, Africa is well-positioned to realize its potential as the global energy frontier. These bid rounds are poised to cement Africa as a global hub for hydrocarbon development.

Licensing rounds from Africa's leading upstream players will be on display at this year's African Energy Week (AEW): Invest in African Energy 2024 – scheduled for November 4-8 in Cape Town. Investors will be able to access exclusive information and technical presentations from the relevant petroleum ministries and regulators on both current and planned licensing rounds as the continent seeks to attract a broader range of companies to sign new contracts and drive exploratory drilling.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Oil and Gas Revival in North Africa

As part of the country's plan to boost oil production to two million barrels per day within the next three to five years, Libya's parastatal National Oil Corporation has announced plans for an oil and gas licensing round in 2024 or early 2025. The licensing round will focus on fields in the Sirte, Murzuq and Ghadames basins and presents a vital opportunity for Libya to attract new upstream investments.

Meanwhile, Algeria is expected to launch a licensing round offering between 10 and 12 onshore blocks in late 2024. The bid round forms part of the country's strategy to maximize its gas and LNG potential. Additionally, in September 2023, the Egyptian General Petroleum Corporation and the South Valley Petroleum Holding Company launched a new licensing round aimed at boosting the country's energy reserves and production capacity. The licensing round offers 23 on- and offshore blocks for oil and gas exploration in the Western Desert, Eastern Desert, Gulf of Suez and Red Sea.

Driving Production in Africa's Promising Frontiers

With energy supermajors bp, TotalEnergies and Shell as well as upstream independent Kosmos Energy spearheading exploration activities in Mauritania, the country's upcoming licensing round for 15 offshore blocks in 2024 is poised to mark a significant milestone in its energy sector. Mauritania's coastal basin features extensive 2D and 3D seismic data coverage covering over 100,000km and 100,000km2, respectively.

Additionally, with its latest licensing round having featured 56 offshore blocks and concluding last September, another bid round is on the horizon for Sierra Leone in 2024. Despite its position as a frontier exploration market, Sierra Leone boasts a significant petroleum system that includes the Venus-B1, Mercury-1, Jupiter-1 and Savannah-1X discoveries. The country's licensing round is supported by extensive 2D and 3D multi-client data, competitive and transparent fiscal terms and cooperation agreements in place with other African markets.

Set to spur new exploration and drilling activities in the prospective acreages of its deepwater basins, Nigeria's Upstream Petroleum Regulatory Commission relaunched its latest licensing round during the Invest in African Energy summit in May. The round features 12 deep offshore and shallow water oil blocks and is available for bidding through January 2025.

Propelling Southern and Eastern Africa's Energy Security

Last September, Angola's national concessionaire the National Oil, Gas and Biofuels Agency launched a public tender for 12 onshore blocks in the Kwanza and Congo Basins. Receiving 53 bids, the tender includes four blocks in Angola's Congo Basin and eight in the Kwanza Basin.

https://apo-opa.co/4ciSR6B

Expected for 2024 or 2025, the South African government will put up at least 10 new onshore blocks for shale gas development in the country's Karoo region to reduce imports and alleviate an ailing energy grid. The licensing round will serve as the country's first competitive auction for oil and gas resources. According to the state-owned Petroleum Agency of South Africa, the Karoo basin is estimated to hold up to 209 trillion cubic feet of recoverable shale gas and includes 90,000km2 of acreage previously held by Shell.

https://apo-opa.co/4cfD8F4

Tanzania has proposed auctioning up to 26 oil and gas blocks by June 2024 and will award licenses to the winners by December of the same year. The round will serve as Tanzania's fifth bid round and is designed to revive interest in the country's largely underdeveloped oil and gas sector. Of the 26 demarcated blocks open for bidding, 11 will be situated in the country's offshore while 15 will be onshore. The Tanzanian government is currently in talks with a multi-client data contractor to compile extensive 2D and 3D seismic data within the basins.

https://apo-opa.co/3Vj2B9V

Meanwhile, having introduced a new Hydrocarbons Code in 2019, Gabon has emerged as a preferred destination for energy investors and majors due to investor-friendly reforms. Gabon's heightened interest is attributable to the deregulation of its hydrocarbons sector, which is a core aim of its recently enacted reforms.

https://apo-opa.co/3VglcU9

During the AEW: Invest in African Energy conference, industry experts will unpack block opportunities across Africa's mature and emerging oil and gas markets. Through dedicated country spotlight sessions, panel discussions and investor briefings, the event promotes deal-signing and project development.

Distributed by APO Group on behalf of African Energy Chamber.

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