Energy

4 October 2024

Mining’s potential remains high: Mantashe

Location: News

Mining’s potential remains high: Mantashe

Minister of Mineral and Petroleum Resources, Gwede Mantashe, has told an indaba that there is evidence to suggest that mining is “the bedrock of our economy” and that the country is an attractive investment destination for mining.

According to the Minerals Council of South Africa, the industry contributed some 6.3% to South Africa’s nominal Gross Domestic Product (GDP) last year.

“There is a strong case emerging out of the study on ‘The State of Mining’ that the South African mining industry not only remains the bedrock of our economy, but an attractive investment destination for mining.

“Coupled with the draft South Africa’s ‘Critical Minerals Strategy’, the study points to the reality that the South African mining industry is diversifying from the gold mining era to an industry with wide-ranging mineral resources, including the world’s largest known deposits of platinum group metals (PGMs), manganese, chrome, coal, gold, copper, vanadium, and other natural resources that are considered critical for the just transition,” the Minister said at the Annual Joburg Indaba in Sandton on Thursday.

He added that with the diversification of the industry, its potential to continue growing remains high.

“Notwithstanding the challenges faced by the gold mining sector, including deep level mines and heightened safety concerns, the 2023 gold production statistics positioned South Africa as the world’s thirteenth and Africa’s fourth largest gold producer.

“Despite the fluctuating prices of palladium and rhodium, of which South Africa supplies 38% and 81%, respectively, to the global commodities market, the PGMs sector is poised to play a catalytic role in sustaining the South African mining industry, and in the growth of our economy.

“Considering South Africa’s reserves of known manganese and chrome deposits, as well as being the largest producer and exporter of manganese and chrome ore, the South African manganese and chrome sectors are poised to continue playing a significant role globally driven by their use in the automotive and construction industries,” Mantashe said.

Addressing challenges

He acknowledged that during last year’s Joburg Indaba, industry players raised issues that “we needed to resolve for the sector to thrive, including the need to ensure the necessary policy and regulatory certainty for investment”.

“Although the South African mining industry’s regulatory framework is stable and predictable, the Department of Mineral and Petroleum Resources is drafting amendments to the Mineral and Petroleum Resources Development Act (MPRDA).

“This is so as to address its shortcomings and ensure that areas that have been challenged legally are strengthened against international best practice. The amendments will further improve the business environment while keeping in sync with our socioeconomic fabric.

“The completion of the migration process to the new efficient and transparent mining licensing system, in June next year, is poised to modernise our licensing system, ensure regulatory certainty, and the sustainability of the South African mining industry.

“Having completed the first phase of the project, which included the assessment of the current environment to establish the baseline and its readiness, and the requirements with respect to system hosting, software integration, and the enhancement of cybersecurity, the development of the new system is therefore progressing very well,” the Minister explained.

READ | Presidency transfers Department of Mineral Resources and Energy legislation

Furthermore, the Minister told the industry leaders that between April 2023 and March this year, the department has processed and finalised 127 mining rights, 1 527 prospecting rights, and 2 313 mining permits and ancillaries.

There are no backlogs in the Western Cape and the Free State while backlogs in the Northern Cape, Limpopo, North West, Eastern Cape and KwaZulu-Natal have been significantly reduced. Mpumalanga is the only province with a significant backlog.

“As we come to the end of this year’s Indaba, we wish to encourage the South African mining industry to continue sharing insights about the realities of this industry, advance beneficiation at source, and support our exploration initiatives.

“We further encourage junior miners to take up the opportunities presented to them in order to transform the industry and ensure that the people of South Africa derive value from their country’s mineral endowment,” Mantashe concluded. – SAnews.gov.za

NeoB
Fri, 10/04/2024 - 10:09

547 views

4 October 2024

Deputy President confident his working visit will attract international investors

Location: News

Deputy President confident his working visit will attract international investors

Deputy President Paul Mashatile says he is confident that his working visit to the United Kingdom and Ireland will improve trade and investment relations, which have been stagnant for years.

The Deputy President spoke during an engagement with the South African Chamber of Commerce (SACC) in London on Thursday. The SACC is an umbrella organisation and conduit for trade, community and investment into and out of South Africa.

The country’s second-in-command is in the United Kingdom for the second leg of his working visit to improve trade and investment relations between the nations and to woo investors following his travels to Ireland.

READ | SA, Ireland eye improved trade

His interactions were centred on various issues, including the Government of National Unity (GNU), energy, infrastructure, and the measures to foster a favourable environment for trade and investment.

The country’s second-in-command reiterated that the political environment in South Africa is stable for investment because of the newly established GNU, which has been operational for less than 100 days and is already yielding results.

“Our numerous meetings with potential investors have revealed a shift in their attitudes and perceptions towards South Africa, indicating an optimistic outlook.

“Our alliance, based not on personal sentiments but on the aspiration to enhance South Africa and, consequently, the lives of our citizens, will undoubtedly sustain the GNU administration for five years.”

However, he said they will measure the GNU’s success based on the number of employment and entrepreneurs they assist in establishing sustainable enterprises.

“Businesses hope to continue working with the government in the public-private partnership that has reduced load shedding, improved transport and logistics infrastructure, and strengthened national capacity to combat crime and corruption,” the Deputy President said.

Shifting his focus to energy, he stated that investors have demonstrated that ending the load shedding that began in 2007 is the most positive news.

“They confirmed that it allows them to conduct business without uncertainty. The elimination of power outages was largely due to a series of measures implemented by the State-owned power utility, Eskom and government over the past two years.”

He also told the SACC that government was addressing the obstacles in the freight logistics system that continue to impede competitiveness and undermine economic growth.

“We are on a mission to create and sustain a bankable investment pipeline of priority, credible, quality and high-impact projects that span the country through Infrastructure South Africa, the primary driver of the National Infrastructure Plan 2050,” he explained.

Mashatile believes that the SACC plays an essential role in engaging with businesses to promote bilateral trade and investment links between the United Kingdom and South Africa.

“It is our responsibility as leaders in our respective regions to foster an atmosphere that encourages entrepreneurship, fosters innovation, and drives inclusive growth.”

In addition, he expressed his desire to increase South Africa’s exports of valuable goods and services to the United Kingdom.

“It is excellent that the two countries already exchange food and beverages. It is critical that we collaborate to create strategies to accelerate international trade and investment.”

Mashatile announced that the State was simplifying regulatory procedures through the Red Tape Task Team, making it easier for businesses to operate and invest locally.

READ | Govt determined to deal with SA's mounting challenges - Mashatile

He concluded his address with South Africa’s stance on peace and stability in Africa and globally, stressing that the nation is anti-war and pro-peace.

“We reaffirm our commitment to the inviolability of sovereignty and the importance of national security.

“More immediately, we support [silencing the guns]. We want to see peaceful and mutual coexistence between Russia, Ukraine, Israel, Sudan, and the rest of the globe, because war is terrible for business.” – SAnews.gov.za

Gabisile
Fri, 10/04/2024 - 10:16

674 views

4 October 2024

191 Days of No Loadshedding Continues

Location: Business

Friday, 04 October 2024: The Generation Operational Recovery Plan has successfully kept loadshedding suspended, achieving 191 consecutive days of uninterrupted power supply since 26 March 2024. Operational efficiency has met summer expectations, with unplanned outages averaging 11 181MW over the past week, compared to 14 743MW during the same period last year, marking an improvement...

3 October 2024

Deputy President hopes SA’s G20 Presidency will make the world more equitable

Location: News

Deputy President hopes SA's G20 Presidency will make the world more equitable

Deputy President Paul Mashatile says he hopes that South Africa’s G20 Presidency will contribute towards building a world that is more equitable, resilient and sustainable.

“It is South Africa’s hope that, once completed, looking back at our G20 Presidency will showcase the amplified voice, perspectives and leadership of the developing world in tackling some of these most pressing global challenges,” he said on Wednesday at the School of Oriental and African Studies (SOAS) University in London.

The country’s second-in-command is in the United Kingdom for the second leg of his working visit to improve trade and investment relations between the two nations and woo investors.

READ | UK investors encouraged to establish their business operations in SA

Preparations are underway for South Africa’s G20 Presidency and hosting the summit in 2025. South Africa is expected to take over the chair of the G20 from 1 December this year from Brazil.

Meanwhile, the Deputy President said the Presidency will focus on the developmental agenda and implementation of the Sustainable Development Goals (SDGs).

“The worrisome lack of progress in enhancing sustainable development globally underscores the need for global solidarity in addressing issues such as growing inequality; rising hunger; rising extreme poverty; the current global economy; climate and energy crises; the debt crisis facing developing countries, and illicit financial flows, all of which impede developing countries’ access to sustainable development.”

He said the country will also highlight the vital minerals issue and strive to bring attention to it during South Africa’s Presidency.

READ | Critical minerals sector key to driving global economic growth

“We will concentrate on utilising natural resources, tackling beneficiation challenges, mobilising domestic resources, developing a critical mineral strategy, managing interdependent and diverse supply chains, and leveraging natural capital,” he said.

According to the Deputy President, critical minerals are essential for the Just Energy Transition and the green economy.

“Therefore, the issue remains relevant, particularly as it relates to the type of investment that is required to address these issues.”

In addition, he said South Africa will seek to leverage its Presidency to advance the global reform agenda, particularly the transformation of the global financial architecture and reform of the International Monetary Fund, World Bank and the Multilateral Development Banks.

He announced that processes are presently in progress to establish South Africa’s priorities and deliverables for its 2025 G20 Presidency.

“While South Africa continues to prepare for its G20 Presidency, move towards concrete deliverables, and finalise its agenda, what I have shared here today reflects some of the most pertinent issues that will inform and drive our agenda forward.”

Climate change

Meanwhile, the Deputy President has described climate change as a problem that demands urgent and consistent action from every individual, organisation and government.

“The government has committed to using the insights and recommendations from the State of Climate Action in South Africa Report to inform the scaling up of the country’s actions to respond to climate change,” he said.

The Deputy President told the gathering that South Africa is actively adopting sustainable practices to reduce its carbon footprint.

“Climate change is one of the most pressing issues of our time and poses a significant threat to humanity and the planet,” he told the attendees.

Shifting his focus to international peace, he called on the global community to unite to address this issue with utmost seriousness and commitment.

“We also call upon the world to work for peace, in particular in the Middle East. We must ensure a ceasefire so that the people of Palestine can rebuild and establish a State, side by side with Israel.” – SAnews.gov.za

Gabisile
Thu, 10/03/2024 - 13:02

246 views

3 October 2024

Mantashe to Attend Major AOW Energy Event

Location: News

South Africa's Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October.

AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa's energy future. This year's event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies.

Announcing Mantashe's confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair said that the presence of the host nation's two most senior energy leaders confirmed that Africa was committed to taking ownership of its own energy destiny.

“We are excited to welcome Mr Mantashe to AOW, where he will share stages and attend sessions with ministers from many other countries, as well as senior players from energy businesses and multilateral forms,” said Sinclair. “We are proud to provide an environment where Africa's energy leaders can discuss the latest industry trends, and how the continent can help to shape them.”

Mantashe has been a regular keynote speaker at previous AOW events, and the announcement of his attendance comes as lucrative energy opportunities open across the continent – in responsible oil exploration and production, in renewable energy, and in the trade of natural gas as a high-demand future fuel.

Ongoing major oil-and-gas discoveries in the Orange basin, offshore South Africa and Namibia, have highlighted the scale and importance of these opportunities – for African governments, their people, and energy businesses.

“The world's energy markets are in the midst of a dynamic transition,” said Sinclair. “Navigating that transition requires industry partnerships. Africa is showing that not only does it have massive resources, it also has the networks, the financial innovation and the commitment to develop those resources for Africa's people, and all stakeholders.”

This year marks 30 years of the industry-leading AOW event. The four-day conference, exhibition and investment forum brings together governments, regulators, global operators, power producers, investors and service providers.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

About AOW: Investing in African Energy:
Owned by Sankofa Events, AOW: Investing in African Energy (https://AOWEnergy.com/) is Africa's leading oil, gas & energy event, uniting industry leaders to develop policy, share discoveries, secure investment, and shape Africa's energy future. The event runs from 7 – 10 October 2024 at the CTICC 2, Cape Town.

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3 October 2024

Government ”deepening conversation” on draft IRP 2023

Location: News

Government ''deepening conversation'' on draft IRP 2023

Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, says government is “deepening the conversation” on the draft Integrated Resource Plan (IRP 2023).

The Minister was speaking during the 2024 Windaba Conference, being held at the Cape Town International Convention Centre, on Thursday.

“We are doing a review. [IRP 2023] had gone out for public consultation; received 4000 submissions; 250 of those have been substantive - and I said to the team, we will sit with those who have made substantive contributions so we are not re-opening the window of public consultation. We are simply deepening that conversation because some of the submissions raise issues around the assumptions and the modelling and therefore how you arrive at the aggregate of the [energy] mix.

“It is in our interest as government to listen to the sector and the experts…because beyond these ones who adopt it, it’s an IRP that represents the country,” he said.

The minister added that those engagements seek to address some “quantitative expressions” in some aspects of the plan.

Turning to the renewable energy sector, Dr Ramokgopa emphasised that the department is engaging with all stakeholders in the energy sector, to find solutions for South Africa’s energy ambitions.

“It is our intention to ensure that we scale up the renewable energy share of the energy mix in the country. We have had conversations with the nuclear sector. We have had conversations with the gas players. We have had conversations with those in the renewable energy space [and] we will have conversations with those in the coal space.

“It’s important that we move away from an idea that the one solution is better than the other,” he said.

With regard to South Africa’s commitment to lowering carbon emissions, the Minister said the country wants to “green the South African economy”.

However, that transition must take into cognisance the effects it may have on certain sectors.

“There’s the socio-economic elements. So, as we do this, we’re looking to broaden the floor of industrialisation - reskilling people; skilling people so that there’s justice in the Just Transition.

“You don’t want to decimate an economy because you want to transition; put people into conditions of abject poverty because they are unemployed as a result of the displacement of certain technologies being replaced by others and not taking account of what are the implications from a socio-economic point of view,” Ramokgopa said. – SAnews.gov.za

NeoB
Thu, 10/03/2024 - 11:26

56 views

2 October 2024

Transport infrastructure is the foundation of Africa’s economic progress

Location: News

Transport infrastructure is the foundation of Africa's economic progress

Transport infrastructure is the cornerstone of regional economic progress and South Africa aims to offer practical collaboration on bi-national projects that would boost the African continent and its economy.

This is according to Deputy President Paul Mashatile who was speaking at the Standard Bank Infrastructure Focus Engagement with British development finance institutions in London, United Kingdom.

“By collaborating closely, we can create a more resilient and inclusive infrastructure ecosystem that benefits everyone,” the Deputy President said on Tuesday.

The country’s second-in-command is in the United Kingdom for the second leg of his weeklong working visit to improve trade and investment relations between the two nations.

READ | Mashatile kicks off working visit to the UK

He took the platform to urge the Standard Bank Group to exploit the opportunity afforded by infrastructure investment in South Africa.

“Let us embark on this road with a common goal of prosperity, sustainability, and advancement for our country. Our motto in the Presidency is the speed of execution, the cornerstone of getting things done,” he added.
He told the attendees that infrastructure investment in South Africa was a subject dear to him as it is the foundation of sustainable economic growth.

“South Africa stands at a crossroads where infrastructure development plays a pivotal role in driving economic growth, fostering innovation, and improving the quality of life for its citizens.”

As the country navigates through these challenging times, he believes it was “increasingly essential” for the Standard Bank Group to harness opportunities in infrastructure investment and steer the country towards a sustainable future.

According to the Deputy President, infrastructure investment in South Africa presents various prospects across various sectors, including transportation, energy, water, and telecommunication.

“By leveraging our expertise and partnerships, the Standard Bank Group can actively contribute to these projects, creating jobs, promoting local business development, and enhancing overall connectivity within the region.”

He also encouraged the bank to continue supporting the continent’s energy transition.

“South Africa has vast energy resources, including oil, gas, coal, and renewable energy sources, and with the right investment and expertise, the sector has the potential to unlock growth and improve the lives of millions of our people.”

Infrastructure pipeline

Meanwhile, he said government plans to prioritise the investment in infrastructure through improvements in the infrastructure pipeline, the execution of that pipeline and financing.

“Mobilising private sector resources to augment public sector capability and finances is necessary to fast-track the provision of infrastructure and improve effectiveness.”

He stated that government initiated various reforms to systematically get buy-in from greater private sector participation to improve spending and delivery outcomes.

The Deputy President acknowledged that government has a huge financing gap for its infrastructure portfolio that could further require more funding.

He said that in the 2023/24 Budget Review, the total infrastructure investment planned by the State over the next three years amounts to almost R943 billion.

National Treasury, according to Mashatile, is now trying to raise funding for the public sector infrastructure projects that are funded through the Budget Facility for Infrastructure using blended finance instruments.
These include concessional financing from Multilateral Development Banks and development partner countries.

Meanwhile, he said Treasury is in the process of screening the projects that could potentially be funded.

The Deputy President also acknowledged challenges that come with infrastructure investment in South Africa.
These include regulatory hurdles, funding constraints, and skills shortages requiring innovative solutions and collaborative efforts to overcome.

“As a leading financial institution, the Standard Bank Group is well-positioned to drive change and facilitate sustainable infrastructure development in the country. Through strategic investments, responsible financing, and a commitment to long-term growth, the Standard Bank Group can be a catalyst for positive change in South Africa’s infrastructure landscape.” – SAnews.gov.za

Gabisile
Wed, 10/02/2024 - 12:48

766 views

1 October 2024

Business urged to adopt sustainable practices

Location: News

Business urged to adopt sustainable practices

Deputy Minister of Forestry, Fisheries and the Environment Bernice Swarts has encouraged business leaders to play a role in ensuring their organisations take measures to lower pollution and carbon dioxide (CO2) output as well as reduce waste.

“We encourage business leaders to play a significant role in ensuring their organisations better integrate environmental, social, and governance (ESG) principles into their value system and overall organisational strategy to fully benefit and harness the investment opportunities that lie ahead for the country,” Swarts said on Tuesday in Johannesburg.

Addressing the Annual ESG Africa Conference, the Deputy Minister said the discipline of ESG investing has become increasingly popular worldwide due to investors' growing emphasis on sustainable and responsible investment methods.

“Whilst it is essential that businesses understand the impact of their activities on the environment and society, it is no longer sufficient to focus solely on financial performance; investors and stakeholders now demand that companies adopt sustainable practices that consider the long-term impact of their operations.

“With its varied economy and abundance of natural resources, South Africa has become a major force in the ESG investment market. Good corporate governance requires an acknowledgement that an organisation doesn’t operate in a vacuum but is an integral part of society and therefore has accountability towards current and future generations,” Swarts said.

She acknowledged that long-term orientated investors need better information, including on environmental, social, and governance factors of businesses.

“South Africa needs to accelerate its pathway towards a more equitable, environmentally sustainable and low-carbon developmental trajectory; with an inclusive social protection system that can withstand the impacts of climate change and support a just transition to a sustainable future,” the Deputy Minister said.

She said South Africa is setting itself up to be a leader in green hydrogen, renewable energy, and sustainable industrialisation, due to its substantial stocks of critical minerals, plentiful solar and wind energy, and other resources.

“A just transition to a low-carbon economy will make South Africa’s economy more resilient and strengthen the country’s global competitiveness, which will create opportunities to reduce poverty, inequality, and unemployment.

“We must therefore address, how do we then effectively shift towards realising South African’s vision for long-term, just transition to a climate-resilient and lower-carbon economy and society. South Africa remains firmly committed to contributing its fair share to addressing the global climate crisis,” the Deputy Minister said.

She said South Africa is setting itself up to be a leader in green hydrogen, renewable energy, and sustainable industrialisation due to its substantial stocks of critical minerals, plentiful solar and wind energy, and other resources.

“In South Africa, where climate change, resource scarcity, and socio-economic disparities are pressing concerns, adopting sustainable practices becomes crucial. These practices can help reduce carbon footprints, conserve natural resources, and create healthier, more resilient communities,” Swarts said.

Numerous studies have highlighted the tremendous demands developing nations have in relation to climate change and the inadequacies and poor quality of current public climate finance flows.

Despite their extremely limited fiscal space and constricted economies, poor countries have continued to bear the costs associated with it, while they have contributed the least to the climate problem.

“Like the rest of the African continent, South Africa is vulnerable to water and food security, health, livelihood and infrastructural challenges due to climate change.

She said the pathways towards achieving the 2030 Agenda for Sustainable Development have been considerably altered by multiple crises.

The critical objective of "leaving no one behind" remains at risk due to the mounting inequalities, worldwide economic challenges, and financial shocks associated with COVID-19, which have made financing for sustainability even more challenging.

“Africa, which hosts most of the world’s poor, is on track to meet just 6% of the Sustainable Development Goals (SDGs) and has gone backwards on 17% of the SDG targets.

“If SDG investment needs are to be met by 2030, 24 trillion US Dollars of additional investment must be found for developing countries, including 8 trillion US Dollars only for Africa. Instead, developing countries today face the worst economic outlook and the most unfavourable financing conditions in decades,” the Deputy Minister said. - SAnews.gov.za

nosihle
Tue, 10/01/2024 - 14:50

151 views

1 October 2024

Entry Applications Open for 15th Edition of Simola Hillclimb

Location: Sport

Simola Hillclimb is South Africa’s premier motoring and motorsport lifestyle event 15th edition of SA’s premier motoring and motorsport lifestyle event takes place in Knysna from 1 to 4 May 2025 Competitor applications open on 1 October 2024 at simolahillclimb.com, closing date is 31 January 2025 The annual Simola Hillclimb, widely regarded as South Africa’s […]

30 September 2024

GNU working to build an inclusive economy

Location: News

GNU working to build an inclusive economy

Deputy President Paul Mashatile has reiterated government’s commitment to building an inclusive economy in South Africa and has assured Londoners that the Government of National Unity (GNU) is working around the clock to make this a reality.

The country’s second-in-command was speaking on Monday at the Bloomberg roundtable discussion in London, during his second leg of a weeklong working visit, which kickstarted today.

The Deputy President is in the United Kingdom to engage with leaders with the hope of improving trade and investment relations between the two nations, following a successful visit to Ireland.

“My delegation and I are here in the United Kingdom to build on the outcomes of the State Visit by President Cyril Ramaphosa in 2022, with a specific focus on how we can work together to ensure inclusive economic growth, address and respond to climate change challenges and the Just Transition, and ensure a balance and increase of trade between our two countries,” he told the attendees.

Top of the agenda, he said, is advancing inclusive and sustainable economic growth, addressing poverty and the high cost of living and strengthening bilateral partnerships in several sectors.

These sectors include trade, investment, skills development, science, innovation, tourism, and the Just Energy Transition.

“All of these major sectors aim to advance the GNU’s strategic priorities of achieving sustainable economic growth, alleviating poverty and the high cost of living, and developing an ethical, capable developmental State.

“Our people voted for us to collaborate to achieve their goal of creating better employment opportunities and equal economic growth in all facets of society.

“The GNU is the best tactical option for us to move the country ahead, putting our differences aside for the benefit of our great nation,” he said.

He assured those who have business interests in South Africa and potential investors that the GNU is working together to create a conducive environment for businesses to strive.

“As the new government, we will continue to hold the United Kingdom in a special place in our hearts, not only due to our historical ties but also because of the immense potential for collaboration and growth that exists between our two countries.”

By fostering stronger trade and investment relationships, he said the State aims to create a “win-win” situation for both nations that will bring economic prosperity and stability.

He acknowledged that both countries are facing various challenges impacting stagnant economic growth affected by the COVID-19 pandemic, the energy crisis and the Russia-Ukraine war.

“South Africa is committed to reviving our economy and in this regard, we have made notable progress in terms of economic growth and development.”

The Deputy President urged United Kingdom businesses to deepen their investment ties with South Africa as the country works around the clock to revive its economy.

“We assure the investors that investments in South Africa are secure. Our business environment is stable as is the political environment and this is supported policy certainty and regulatory safeguards.”

He told them that government is boosting its investment in electricity generation and drawing up plans that are now being implemented, to allow more private participation in the country’s freight-rail network and reform its byzantine work permit regime.

According to the Deputy President, measures are in place to deal with load shedding which have already shown results.

“As a country, we are also looking at expanding our investment in the United Kingdom because we consider you to be a major economic powerhouse with a diverse and dynamic market that offers numerous opportunities for our businesses to expand and thrive.”

He is of the view that enhancing investment relationship with the United Kingdom will open new sources of funding and expertise that can support key sectors of our economy, such as infrastructure, manufacturing, and technology.

“By working together, we can leverage each other’s strengths and resources to promote economic growth, create job opportunities, and improve the standard of living for all our citizens.

“We are committed to fostering a strong and mutually beneficial relationship with the United Kingdom government, based on shared values of democracy, freedom, and economic prosperity,” he added. – SAnews.gov.za

Gabisile
Mon, 09/30/2024 - 14:57

47 views

30 September 2024

Government activities for the week 30 September – 4 October

Location: News

Government activities for the week 30 September – 4 October

On Monday, 30 September, Deputy President Paul Mashatile is in the United Kingdom for the second leg of his working visit. The purpose of the visit is to improve trade and investment relations between South Africa and the United Kingdom. The visit will conclude on Friday, 4 October.

On Monday, 30 September, Minister of Electricity and Energy Dr Kgosientsho Ramokgopa hosts the Renewable Energy Seminar in Midrand, Gauteng.

On Tuesday, 1 October, President Cyril Ramaphosa will launch, on behalf of government, Phase 2 of the Business and Government Partnership.

From Tuesday, 1 October, Public Service and Administration Minister Mzamo Buthelezi leads the South African delegation at the International Conference on Theory and Practice of Electronic Governance (ICEGOV). The conference ends on 4 October.

On Tuesday, 1 October, Employment and Labour Minister Nomakhosazana Meth briefs media on inspections and compliance raids in South Africa.

On Wednesday, 2 October, the Deputy Minister of Cooperative Governance and Traditional Affairs, Dr Namane Dickson Masemola, leads an important oversight visit to the Northern Cape, focusing on the ZF Mgcawu and Pixley Ka Seme District Municipalities.

On Friday, the South African Navy will host the SA Navy Festival in the East Dockyard, Simon’s Town, over the period 4 – 6 October. – SAnews.gov.za

Matona
Mon, 09/30/2024 - 14:43

7 views

30 September 2024

Renewable energy programme to be accelerated

Location: News

Renewable energy programme to be accelerated

South Africa is determined to be “ultra aggressive” in onboarding renewable energy sources.

This is according to Electricity and Energy Minister, Dr Kgosientsho Ramokgopa.

The Minister was speaking on Monday during the Ministerial Renewable Energy Seminar held in Midrand, under the theme: "Advancing Renewable Energy: A Comprehensive Review of the IPP Procurement Process".

Ramokgopa told the gathering that it is in the “collective interest” to accelerate the renewable energy programme.

“We must be ultra aggressive in the onboarding of renewables. It must be on steroids. But we can only achieve that if we resolve the issues that you are going to share with us today. I think the future is renewables.

“We must resolve the issues of permitting and licensing, and the speed because capital has got choices. It’s not like capital is waiting and waiting for South Africa to resolve its problems. It is in our interest to ensure that we are greedy in how we want to consume this capital, and that greed will be displayed in the manner and the enthusiasm with which we are resolving the major impediments in this instance.

“We want to capture all these opportunities… for the greater good of the region,” Ramokgopa said.

WATCH | Renewable Energy Seminar

In order to build a strong renewable energy sector, “we must build confidence in the system”, the Minister stressed.

“We are going to be a bit more aggressive in onboarding renewables but I think that statement is hollow if we are not able to address the attendant challenges, the inherent weaknesses in the system.

"We must build confidence in the system going into the future, firstly, by illustrating our ability to resolve the challenges that have afflicted the previous bid windows.

“[Being aggressive means] going out to procure the megawatts that are of a scale and proportion that we have not done before. But if we have not resolved the inherent challenges, that statement will be put to waste because we will not be able to achieve that which we desire.

“So it’s important that we have that conversation and I urge you [stakeholders] to be very candid,” he said.

The Minister said his department wants to gather as much information as possible to improve on South Africa’s Independent Power Producer Procurement Programme (IPPPP).

“We are here to listen on how best we can improve. Once we have listened… we will action. We really want industry to thrive for us to make South Africa the preferred destination for this capital [and] for us to run the most ambitious and successful of all renewable programmes from a public procurement point of view.

“[We want] the best one, not just on the continent, not just in the Global South but something that is of envy across the globe,” he said. – SAnews.gov.za

NeoB
Mon, 09/30/2024 - 11:41

83 views

30 September 2024

Mashatile kicks off working visit to the UK

Location: News

Mashatile kicks off working visit to the UK

Deputy President Paul Mashatile has arrived in London, United Kingdom, for the second leg of his working visit scheduled to take place today and wrap up on Friday, 4 October 2024.

According to the Presidency, the purpose of the visit is to improve trade and investment relations between South Africa and the United Kingdom.

This visit follows a successful working visit to Ireland, which was aimed at advancing cooperation between South Africa and Ireland to improve trade and investment, and building on the significant progress made in the fields of science, innovation, as well as education and skills development.

READ | Deputy President assures Ireland of SA’s commitment to 'enabling environment' for business

The United Kingdom is one of South Africa’s most significant bilateral partners, particularly in trade, investment, skills development, science, innovation, the Just Energy Transition and tourism, among others.

The Deputy President’s visit will focus on building investor confidence in South Africa and driving foreign direct investment into the nation.

According to Mashatile’s office, he will continue to engage with various local and international private sector partners to mobilise investment support and strengthen public-private partnerships to realise the country’s economic growth and transformation objectives.

“The Deputy President will also use the opportunity to advance the strategic priorities of the Government of National Unity (GNU), which include creating sustainable economic growth, addressing poverty and the high cost of living, and building an ethical, capable developmental State,” his office said.

During this visit, the Deputy President will also engage with representatives from several organisations. These include Bloomberg Media, Financial Times, Sasol, Brand South Africa, the London Stock Exchange, Investec’s Investors Roundtable, Standard Bank, JP Morgan, City Bank, Goldman Sachs and the South African Chamber of Commerce.

He is expected to also pay a courtesy call on the Duke of Edinburgh and meet with the Deputy Prime Minister of the United Kingdom, Angela Rayner.

The Deputy President is leading a delegation comprising various Ministers. He is accompanied by the International Relations and Cooperation Minister Ronald Lamola; Minister in the Presidency responsible for Planning, Monitoring and Evaluation Maropene Ramokgopa; Public Works and Infrastructure Minister Dean Macpherson; Small Business Development Minister Stella Ndabeni Abrahams and some Deputy Ministers from various departments. – SAnew.gov.za

Gabisile
Mon, 09/30/2024 - 11:05

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30 September 2024

R2 000 Unconditional Grant Improves Lives, Kzn Study Finds

Location: News

The Unconditional Cash Transfer Project gives monthly cash transfers to 100 unemployed graduates

27 September 2024

Deputy President assures Ireland of SA’s commitment to ‘enabling environment’ for business

Location: News

Deputy President assures Ireland of SA’s commitment to 'enabling environment' for business

Deputy President Paul Mashatile has assured Ireland that South Africa is committed to creating an enabling business environment that attracts investment, spurs economic development, and creates jobs.

“We understand the significance of collaboration with countries like Ireland, which share our values and aspirations for a better future. As a country, we want to enhance our exports of value-added goods and services to Ireland,” the Deputy President said on Friday.

This as the Deputy President undertook a working visit to Ireland to reinforce South Africa’s historic and warm bilateral relations with the nation where he is also expected to meet his Irish counterpart, Prime Minister Simon Harris.

READ | Mashatile undertakes working visits to Ireland and the UK

Speaking at the South Africa-Ireland Forum, the country’s second-in-command said the nation’s focus was on understanding the potential for growth in the global economy.

“It is our responsibility as leaders in our various regions to cultivate an environment that promotes entrepreneurship stimulates innovation and propels inclusive prosperity.”

The Deputy President said he was pleased that the two countries already trade in food and beverages.

“However, I must admit that the global pandemic has hindered our trade partnership, leading to only modest progress. We must identify measures to expedite international investment. I strongly believe that there is significant potential to significantly increase the volume and value of various products, including those that are manufactured,” he added.

He told businesspeople that there were many reasons to invest in South Africa, including the fact that the country has had political stability and peaceful elections since 1994.

“We emerged from a peaceful election and formed a Government of National Unity (GNU). All parties in the GNU pledge to uphold the 10 fundamental principles.”

These, he said, include respect for the Constitution, non-racialism, social justice, human dignity, nation-building, peace and stability, accountability, evidence-based policy, a professional developmental public service, and integrity.

The Deputy President also said South Africa prides itself on quality infrastructure and logistics, the largest presence of multinationals in Africa, a well-developed and diversified manufacturing base.

In addition, he pointed out that the country also has a lucrative emerging market, favourable market access to the global market, an innovation and technology hub, abundant natural resources, Africa’s leading financial hub, a young labour workforce, and excellent quality of life.

He also told potential investors that several South African key science and technology innovations and achievements emerge from our home soil.

He mentioned the Kreepy Krauly automatic pool cleaner, CAT scan, Q20 lubricant, Pratley Putty and Smartlock Safety Syringe.

Government interventions

Shifting his focus on the South Africa’s Economic Recovery Plan and projects like Operation Vulindlela, which he said were a collaborative effort to expedite the implementation of economic and structural reforms, are aimed at stimulating job creation and development.

To ensure the rapid expansion of energy generation capacity, he stated government’s various interventions including the announcement of a further 6800 MW of solar PV and wind power being procured through Bid Windows 5, 6, and 7.

“Future windows will procure an additional 3000 MW of gas and 513 MW of battery storage. The government has boosted private sector participation in energy generation by removing the 100MW National Energy Regulator of South Africa (Nersa) licence threshold, a game-changing announcement for the industry.

“It should also be noted that the Hydrogen Economy has been identified as a potential game changer for South Africa,” he explained.

In addition to the investment opportunities in the energy space, he said the nation wishes to explore cooperation for investment projects in sectors such as food tech, global business services, film, fintech and infrastructure in Ireland.

He believes that South Africa can benefit from Ireland’s expertise in the technplogy sector as the country is currently attracting a lot of back-office service operations from foreign companies.

“However, foreign companies from Ireland have been slow in relocating operations to South Africa.
“This engagement presents an opportunity to reverse this trend. In terms of fintech, there is a lot of capital available in Ireland that could boost South Africa’s innovative fintech. Furthermore, the film industries of both countries could benefit from enhancing cooperation in the film space could benefit both countries film industries.”

He urged Ireland to assist South Africa with the successful implementation of the projects, with the provision of requisite skills in these sectors. – SAnews.gov.za

Gabisile
Fri, 09/27/2024 - 15:47

211 views

27 September 2024

Honouring SA’s liberation heroes and heroines

Location: News

Honouring SA’s liberation heroes and heroines

An emotional and befitting ceremony to honour the men and women who died in exile while fighting for the freedom that South Africans enjoy today was held in Pretoria on Friday.

Phrases such as “you have fought a good fight and “you have finished the race,” were the order of the day at the ceremony held for those who lost their lives in the fight for South Africa’s liberation.

This as government hosted the repatriation and restitution homecoming ceremony of 42 South African freedom fighters who perished in Zambia and Zimbabwe during the apartheid era.

The remains included that of former African National Congress (ANC) secretary-general Duma Nokwe, head of the ANC Women’s Section, Florence Mophoshe, journalist Todd Matshikiza, Wankie Campaigner, Basil February and other unsung liberation fighters.

These struggle heroes and heroines, who sacrificed their lives in exile, were honoured as their remains returned home to a country that now enjoys the very freedom they fought for.

President Cyril Ramaphosa led and officiated the historic homecoming ceremony where the remains of the freedom fighters were returned to their families for a final, dignified farewell on home soil.

Speaking during the ceremony, Zambian High Commissioner to South Africa Mazuba Monze said: "May the spirits of our heroes and heroines continue to inspire us as we continue to move forward in friendship and collaboration. You have fought the good fight, you have finished the race, good and faithful servants, come and rest at peace in the land that you have so valiantly fought for.”

Edna Mophosho Tshabalala, 83, travelled from Naturena in Gauteng to receive the remains of her aunt, Florence Mophosho.

Overcome with emotion, Tshabalala expressed the family’s sense of closure.

“As a family, we are very happy, and we are finally going to have closure now. Every time we miss her, we will go to Westpark Cemetery to visit her,” Tshabalala said of her aunt who was a revered stalwart known for her unwavering commitment and fiery spirit.

She recalled how her aunt was her mother’s bridesmaid and co-worker at the old Johannesburg Hospital. The family had no knowledge of Mophosho’s involvement in the liberation struggle until the day she vanished.
Years later, the family was devastated to learn of her passing.

"In 1985, I heard the news that she had passed on. Otherwise, we really missed her a lot because she was a loving person, and we all didn't expect that there would be a day that we hear about her death. Fortunately, because God is great, the day has come.”

Tshabalala also recounted her emotional journey to Zambia to locate her aunt’s grave after volunteering to represent the family.

"Unfortunately, in Zambia, we struggled to identify her grave. Eventually we found it and we sang for her, and we were happy. I was treated as a VIP and airlifted everywhere. Today, we are here to receive her from Zambia,” she explained.

Bringing healing

Defence and Military Veterans Minister Angie Motshekga explained that while the government initially announced that it was repatriating the remains of 49 people, there had been delays in the DNA verification process.

Motshekga made a commitment to the other families that they too, would receive the remains of their loved ones.

"The repatriation of the remains of our struggle stalwarts is not just about laying to rest those who fought for freedom, it is about bringing healing to their families, and I hope it really does that because these are not just names in history.

“They are our families; they gave their lives so that we might live in freedom. They left our shores to fight a system that dehumanised our people and in doing so, they became symbols of resilience, courage and hope.”

Motshekga said the South African government had previously repatriated the remains of the likes of JB Marks and Moses Kotane.

She also extended her gratitude to the Minister of Sports, Arts and Culture Gayton McKenzie for giving the project "the necessary energy," as well as other departments which her department collaborated with, and various political party formations.

McKenzie said the repatriation process was a collective effort and that it has been a joy to work with the families of the struggle heroes.

He acknowledged that while the process has been a sombre one, the patience and understanding shown by the families reaffirm his belief that the government is on the right path.

“This was not an instruction; it was a labour of love. My mother died of a broken heart because my younger brother was never found, my mother never spoke about him, but I could feel the pain.

“I saw what my mother went through that is why I was rushing the process because I don’t want any other woman, children or father to go[through] what she went through. To the children that are here, the President is resolute, he is intentional that we must bring back all the soldiers that fought for freedom,” McKenzie said.

Heroes Acre

President Ramaphosa has now tasked Minister McKenzie with establishing a Heroes Acre to celebrate the nation’s struggle heroes.

"As I travel to other countries like Zimbabwe, Namibia, and Mozambique, they have created incredible Heroes Acres where the heroes of their struggle are buried, and those memorial sites have, in many ways, become sacred places of the nation.

“Of course, we may well argue that our leaders and heroes are buried all over the country, but it does not mean that monuments that memorialise them cannot be brought together at a Heroes Acre," the President said.

The repatriation and restitution marks not just the end of a long journey, but the beginning of healing for the families they left behind.

The President also stressed the importance of South Africans recognising and honouring the former liberation heroes and heroines who have returned to their home country, acknowledging their vital role in securing the nation's freedom.

“South Africans need to know the names and appreciate the contributions of these returned freedom fighters. I ask that we read out the names of these patriots for all our people to know them.”

READ | South Africans must know the names of struggle heroes and heroines

“Their names will forever be inscribed here at the Wall of Names in Freedom Park so that we may never forget. Any nation that values its freedom holds its liberation heroes and heroines in high regard,” the President said. -SAnews.gov.za

DikelediM
Fri, 09/27/2024 - 16:22

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27 September 2024

Bright Minds Earn Substantial Rewards at Eskom Expo International Science Fair

Location: Business

Friday, 27 September 2024: The 2024 Eskom Expo International Science Fair (ISF) reached an exhilarating conclusion, with our learners being awarded substantial cash prizes for their meticulously researched and methodologically sound projects. Held at the Emperors Palace Convention Centre in Kempton Park, the fair brought together the brightest young scientists from across South Africa and...

27 September 2024

Loadshedding suspension remains in force

Location: Business

Friday, 27 September 2024: The Generation Operational Recovery Plan continues to ensure loadshedding remains suspended. Eskom has achieved more than six months (184 consecutive days) of uninterrupted power supply since 26 March 2024. Operational efficiency has remained in line with summer expectations, with unplanned outages averaging 11 911MW over the past seven days, compared to...

27 September 2024

PROTEC and GE Vernova Celebrate Inaugural Next Engineers: Engineering Academy Class

Location: News

Next Engineers, a global college-and career-readiness programme working to increase the diversity of young people in engineering, celebrated the graduation of its first-ever Engineering Academy learners in Johannesburg, South Africa on Friday, September 27. The graduation ceremony marked the programme's contribution towards bridging the Science, Technology, Engineering and Mathematics (STEM) skills gap in the country through exposing learners to hands-on engineering experiences and career pathways.

The 37 learners from 15 high schools across Johannesburg who completed the programme, many of whom plan to study towards an engineering-related qualification at university or technical higher learning institutions, were joined by their families at University of Witwatersrand, Sturrock Park Sports Hall, to celebrate their achievements. Launched in 2022, PROTEC, University of Witwatersrand, and Kutitiva Foundation are the educational partners for the local Next Engineers programme, and local GE Vernova engineers and employees actively engage with Academy participants through hands-on, skill-based volunteering.

“We are proud to see our first cohort of learners graduating and wish them all a successful learning trajectory in the next stage of their education journey,” said Matsi Eseu, South Africa HR Director for GE Vernova. “At GE Vernova, we believe education is a significant driver of economic inclusion and it's inspiring to see the positive impact the Next Engineers programme is having, not just in empowering tomorrow's engineers who will solve society's most pressing challenges but also in increasing the diversity of young people, particularly females, in the engineering sector. We extend our gratitude to all those involved in the Engineering Academy.”

Learners who complete the Engineering Academy program and enroll in a qualified engineering or engineering-related degree programme receive financial aid to support them as they continue on their paths to becoming engineers.

Balan Moodley, CEO of PROTEC, said, "I extend my heartfelt congratulations to each and every graduate in this programme. Their commitment and hard work inspire us all, and I have every confidence they will continue to make a positive impact in the field of engineering and beyond. I also want to express my sincere gratitude to GE Vernova in Johannesburg for their unwavering support and partnership throughout this journey. Together, we have laid the groundwork for a brighter future in engineering, and I am excited to see the continued success of Next Engineers in empowering young minds."

The Next Engineers: Engineering Academy is a transformative learning experience designed for learners aged 15 to 18. Through a rigorous curriculum, immersive design challenges, and career coaching, participants learn to think and act like engineers.

Key programme highlights:

Dedication: The Engineering Academy spans three years, with learners dedicating 220 hours outside of regular school hours to participate.
Design challenges: In small teams, learners tackle increasingly complex design challenges, mastering the engineering design process.
Foundational skills: Beyond technical knowledge, learners develop essential skills such as communication, teamwork, persistence, time management, and presentation abilities.
Education and career exploration: Workshops and activities prepare learners for their next steps, including university campus tours and interactions with company volunteers.
Scholarships: Learners who complete the program and enroll in post-secondary engineering degree programs receive partial scholarships. Next Engineers anticipates granting at least $2 million in scholarships to the inaugural classes of Engineering Academy learners worldwide.

Johannesburg, South Africa, was among the first four locations to launch Next Engineers, with a $2.5 million (R44.6 million) investment from the GE Foundation in 2021. To date, Next Engineers, which also includes programming for learners in grades 8-12, has reached more than 3,500 learners across Johannesburg.

STEM training and education, such as Next Engineers, is helping to solve global challenges while also lifting up communities through economic opportunities. Next Engineers is not the only way GE Vernova in South Africa has committed to supporting the next generation of STEM talent. GE Vernova's South Africa External Bursary Programme has offered comprehensive bursaries to the tune of $5.4 million (R95.6 million) to support over 648 beneficiaries pursuing a Bachelor of Science, Commerce or Arts qualification from 2020 to date. The bursaries are aimed at alleviating the financial strain of tertiary students and covers the tuition, accommodation, textbook costs, and a monthly stipend over the period of study.

For more information about Next Engineers and the Engineering Academy, visit http://apo-opa.co/3BmFfKp.

Distributed by APO Group on behalf of GE.

Media contacts:
GE Vernova
Kashumba Macombe
Communications Specialist
GE Vernova
Kashumba.Macombe@ge.com

PROTEC
Annette Reed
Fundraising and Business Development
Programme for Technological Careers (PROTEC)
+27 82 334 2939
annette@protec.org.za

About Next Engineers:
Next Engineers, a program originally funded by the GE Foundation in 2021, now known as the GE Aerospace Foundation, is a college- and career-readiness program dedicated to inspiring and preparing the next generation of engineers. Through innovative programs, mentorship, and community partnerships, we empower young minds to shape a better future through engineering.

About GE Vernova:
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world's challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company's purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: www.GEVernova.com and LinkedIn (http://apo-opa.co/3zwmm7b).

About PROTEC:
PROTEC was established in 1982 by a group of engineers from the South African Institute of Civil Engineers to respond to the challenges facing the education system and to address representation across all socio-economic and racial groups in STEM careers. To date, PROTEC has seen more than 40,000 learners complete the Learner Excellence Programme. Based in Randburg, PROTEC has 17 branches and projects in 6 out of the 9 provinces. Our aim is to extend the programme to all 9 provinces. The programme targets learners from Grade 4 to Grade 12 in specifically Science, Mathematics, and English. Teachers who teach these subjects as well as coding and robotics, benefit from development and support that uses a centre-based and classroom support model. Find us on www.PROTEC.org.za, Facebook (http://apo-opa.co/47HJTyw), LinkedIn (http://apo-opa.co/3Y019Mg) and Instagram.

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27 September 2024

Mashatile undertakes working visits to Ireland and the UK

Location: News

Mashatile undertakes working visits to Ireland and the UK

Deputy President Paul Mashatile is today undertaking a working visit to Ireland to reinforce South Africa’s historic and warm bilateral relations with the nation.

The Deputy President is expected to meet his Irish counterpart, Prime Minister Simon Harris, to reaffirm the strong political and diplomatic ties between the two countries.

According to the Presidency, South Africa and Ireland established diplomatic relations over 30 years ago and relations between both nations encompass a broad spectrum of cooperation, such as trade and investment, education, science and innovation and gender equality.

“Ireland’s developmental programmes have greatly assisted many initiatives in South Africa since 1994, and the partnership continues to this day,” the statement read.

He is also expected to deliver remarks at the Irish Tech Challenge South Africa, established to support innovation and entrepreneurship by fostering connections between the South African and Irish tech ecosystems.

The Deputy President will be accompanied to Ireland by the Deputy Minister of Trade, Industry and Competition Andrew Whitfield.

Once he wraps up his Ireland visit, the country’s second-in-command will then proceed to the United Kingdom from Saturday, 29 September to Friday, 4 October 2024.

“The visit will focus on showcasing South Africa as an investment destination of choice and strive to identify and create new trade opportunities for South African businesses, especially small and medium enterprises.”

The island nation is also one of South Africa’s most significant bilateral partners in the northern hemisphere, particularly in trade, investment, skills development, science, innovation, the Just Energy Transition and tourism, among others.

The Deputy President is expected to engage selected investors and trade partners invited in cooperation with economic partners in the United Kingdom and deliver a lecture at School of Oriental and African Studies (SOAS) University in London, focusing on South Africa’s forthcoming Presidency of the G20.

“The Deputy President will also pay a courtesy call on the Duke of Edinburgh, and meet the Deputy Prime Minister of the United Kingdom, Angela Rayner.”

He will be accompanied by the International Relations and Cooperation Minister Ronald Lamola, Minister in the Presidency responsible for Planning, Monitoring and Evaluation Maropene Ramokgopa, Public Works and Infrastructure Minister Dean Macpherson, Small Business Development Minister Stella Ndabeni Abrahams and some of the Deputy Ministers from various departments. – SAnews.gov.za

Gabisile
Fri, 09/27/2024 - 10:39

253 views

27 September 2024

AOW Pan-African Female Leaders in Energy Power List 2024 Acknowledges Development Economist Kalnisha Singh

Location: MyPR

Johannesburg – 27 September 2024 – AOW, in collaboration with Lean In Equity & Sustainability, has included development economist Kalnisha Singh in its Pan-African Female Leaders in Energy Power List 2024. Kalnisha Singh contributes to the emerging renewable energy sector through several innovative avenues. As founder of KD Strategies and Our Common Future, she provides …

27 September 2024

Eskom Expo ISF honours top young scientists with exciting prizes and bursaries – Eskom

Location: Business

Thursday, 26 September 2024: An array of exciting prizes from full bursaries to cash prizes, laptops and tablet computers were awarded to top performing innovators at this year’s Eskom Expo International Science Fair. The fair is being held at the Convention Centre at Emperors Palace in Kempton Park from 23 to 27 September 2024, and...

26 September 2024

Deputy President Mashatile to Undertake Working Visits to Ireland and the United Kingdom

Location: News

The Presidency of the Republic of South Africa
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Deputy President Shipokosa Paulus Mashatile will on 27 – 28 September 2024, undertake a working visit to Ireland. The visit is aimed at reinforcing South Africa's historic and warm bilateral relations with Ireland.

Upon arrival in Ireland, the Deputy President will meet his Irish counterpart, Prime Minister Simon Harris, to reaffirm the strong political and diplomatic ties between the two countries.

South Africa and Ireland established diplomatic relations over 30 years ago. Political and economic relations between South Africa and Ireland encompass a broad spectrum of cooperation, such as trade and investment, education, science and innovation and gender equality. Ireland's developmental programmes have greatly assisted many initiatives in South Africa since 1994, and the partnership continues to this day.

During the visit, the Deputy President will participate in the South Africa-Ireland Trade and Investment Round Table with Irish companies that are already invested in or intend to invest in South Africa, he is expected to deliver remarks at the Irish Tech Challenge South Africa, established to support innovation and entrepreneurship by fostering connections between the South Africa and Irish tech ecosystems.

The Deputy President will be accompanied to Ireland by the Deputy Minister of Trade, Industry and Competition, Mr Andrew Whitfield.

The Deputy President will then proceed to the United Kingdom of Great Britain (UK) from 29 September – 04 October 2024. The visit will focus on showcasing South Africa as an investment destination of choice and strive to identify and create new trade opportunities for South African businesses, especially small and medium enterprises.

The UK is one of South Africa's most significant bilateral partners in the Northern Hemisphere, particularly in trade, investment, skills development, science, innovation, the Just Energy Transition and tourism, among others.

The Deputy President will engage selected investors and trade partners invited in cooperation with economic partners in the UK, and deliver a lecture at School of Oriental and African Studies (SOAS) University in London, focusing on South Africa's forthcoming Presidency of the G20.

The Deputy President will also pay a courtesy call on the Duke of Edinburgh, and meet the Deputy Prime Minister of the United Kingdom, Ms Angela Rayner.

The Deputy President will be accompanied to the United Kingdom by the Minister of International Relations and Cooperation, Mr Ronald Lamola; the Minister in the Presidency Responsible for Planning, Monitoring and Evaluation, Ms Maropene Ramokgopa; the Minister of Public Works and Infrastructure, Mr Dean Macpherson; the Minister of Small Business Development, Ms Stella Ndabeni Abrahams; the Deputy Minister of Agriculture, Ms Rosemary Capa; the Deputy Minister Finance, Mr David Masondo; the Deputy Minister in the Presidency, Mr Kenneth Morolong and the Deputy Minister Trade Industry and Competition, Mr Andrew Whitfield.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

26 September 2024

SA’s G20 Presidency to focus more on Global South and African issues, says Lamola

Location: News

SA's G20 Presidency to focus more on Global South and African issues, says Lamola

South Africa’s G20 Presidency will be centred more on the interests of the Global South agenda, especially Africa, says International Relations and Cooperation Minister, Ronald Lamola.

Preparations are underway for South Africa’s G20 Presidency and hosting the G20 Summit in 2025. South Africa is expected to take over Chair of the G20 from December 1 this year, from Brazil.

Lamola announced that South Africa’s theme will focus on solidarity, equality and sustainable development.

“This theme speaks to the developmental priorities of the Global South, particularly, the African continent, which is now fully represented with the admission of the African Union (AU) in the G20,” he told delegates during the Troika high-level address at the United Nations (UN).

The G20 (or the Group 20) comprises 19 States, plus the European Union and the AU as of this year – bringing together the world’s major and systemically important economies.

The G20 operates a Troika system of hosting, where the Troika consists of the past, present, and next Presidencies.

Brazil’s Presidency is also in a Global South Troika - India-Brazil-South Africa.

Lamola stressed that South Africa will ensure that the G20 provides strategic direction towards establishing a “more equitable, representative and fit-for-purpose international order”.

According to the Minister, the theme will also confirm South Africa’s intention to build on the efforts and successes of the G20 Presidencies of Indonesia, India and Brazil.

He believes this will ensure that the needs, interests and aspirations of the developing economies of the Global South, and Africa especially, drive the overall G20 agenda going forward.

According to the Minister, South Africa’s overarching theme will also zoom in on the country’s priorities. These include accelerating efforts to achieve Sustainable Development Goals (SDGs) and the objectives of Agenda 2063 of the AU and addressing the critical issue of debt vulnerability of many countries of the global South.

The country will also focus on creating consensus around reform of the International Financial Architecture (IFA) and the Multilateral Development Banks (MDBs).

“This is critical to ensure that they become fit for purpose to adequately address sustainable development and transboundary challenges,” Lamola explained.

In addition, the emphasis will also be on combating climate change, which has devastating consequences for food security in developing countries.

South Africa also hopes to address issues of predatory mining by some countries and corporations, in the quest for Africa’s raw materials and critical minerals.

“South Africa will take forward the outcomes of the report of the UN Secretary’s Panel on Critical Energy Transition Minerals,” Lamola said, adding that strengthening the Multilateral Trading System was also key.

The other key issues the nation will advance include industrialisation, employment and inequality, food security, the blue economy and artificial intelligence.

Lamola took the time to commend Brazil President Luiz Inácio Lula da Silva’s call, as the G20 President, for the reinvigoration of multilateralism, and the reform of global governance institutions to make it more representative and inclusive.

“We further thank Brazil for its innovative leadership in calling for this G20 meeting and inviting all UN Members.

“This meeting today and its call to action further demonstrates the collective global solidarity in addressing current and future global challenges. South Africa will carry forward the momentum laid by Brazil on the reform of the multilateral institutions,” Lamola said.

Meanwhile, he said that South Africa’s G20 Presidency will mark the end of the first cycle of G20 Presidencies.

“We intend to undertake a review of the first cycle of G20 Presidencies. This is critical to ensure implementation. Brazil can count on us to maintain the momentum they’ve started I thank you for your attention,” he added.

President Cyril Ramaphosa expressed his appreciation to Brazil as the current President of the G20 for convening this meeting.

The President also commended the excellent way Brazil has been steering the work of the G20 during its Presidency. – SAnews.gov.za

Gabisile
Thu, 09/26/2024 - 10:50

504 views