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You are here: Home / Archives for Energy

Energy

8 May 2024

Looking past the elections: A more courageous role for big business in delivering the promises of the Constitution

Location: MyPR

Professor Brian Ganson is Head of the Centre on Conflict & Collaboration at Stellenbosch Business School, a hub for research and reflection on the private sector, conflict, and human security. We already know that whatever new governments emerge at local, provincial, and national levels due to voting on 29 May, they will face overwhelming challenges …

Read moreLooking past the elections: A more courageous role for big business in delivering the promises of the Constitution
8 May 2024

How the Payment Process Works for Private Prepaid Meters in South Africa

Location: MyPR

In South Africa, private prepaid meters have become a popular choice for managing electricity consumption in residential and commercial properties. These meters allow property owners, landlords, and body corporates to accurately monitor and control electricity usage while providing tenants with a convenient and transparent payment system. One such example is Straton Prepaid, a leading provider …

Read moreHow the Payment Process Works for Private Prepaid Meters in South Africa
8 May 2024

Step Inside The Ford Territory Titanium To Understand Why It Ticks All The Boxes

Location: MyPR

The Ford Territory Titanium is the brand-new SUV you have been looking for. Ford’s new Top Spec vehicle, the new Ford Territory Titanium. The Ford Territory Titanium is ready to hit the road. The three new models in the Ford Territory range are now available for a test drive through Nigel Ladwig at the Eastern …

Read moreStep Inside The Ford Territory Titanium To Understand Why It Ticks All The Boxes
8 May 2024

Understanding High-Security Solutions for Modern Environments

Location: MyPR

The importance of security in South Africa cannot be overstated. Businesses, high-profile individuals, and sensitive facilities increasingly require robust measures to ensure the safety of their assets and personnel. This blog explores a variety of high-security solutions, including bulletproof windows and doors, strong room doors, and anti-bandit doors, offering a comprehensive understanding of how these …

Read moreUnderstanding High-Security Solutions for Modern Environments
7 May 2024

Fulfil Is Here!

Location: Business

Tasty News Alert! FULFIL Chocolate Protein Bars, a global snack sensation, has officially launched in South Africa and is now available at Clicks stores countrywide! These indulgent chocolate bars with zero guilt combine decadent taste with functional nutrition, revolutionising the snacking game for health-conscious and ‘chocaholic’ consumers everywhere – and now, they’re finally here to …

Read moreFulfil Is Here!
7 May 2024

Programme to bridge gap between research, public policymaking

Location: News

Programme to bridge gap between research, public policymaking

In a move aimed to enhance collaboration between academia and government, the National Research Foundation (NRF) and the Department of Science and Innovation (DSI) have launched the pilot phase of its DSI-NRF Policy Placement Postdoctoral Fellowship Programme. 

This initiative is designed to bridge the gap between research and public policymaking, thus addressing societal challenges through evidence-based approaches. 

NRF Business Advancement Group Executive, Dr Thandi Mgwebi, said the pilot phase will focus on postdoctoral research fellows and emerging researchers at a postdoctoral level to provide them with a unique opportunity to work within government departments. 

“Through close collaboration with key government stakeholders, fellows will engage in policy processes and activities aligned with the thematic areas outlined in the Science, Technology and Innovation (STI) Decadal Plan 2022-2032.

“These areas include energy, social sciences, agriculture, climate change adaptation and mitigation, health, and other relevant fields,” Mgwebi said. 

The pilot phase has seen the appointment of 14 postdoctoral fellows who have been assigned to strategic divisions within the DSI and NRF. 

“The DSI fellows will be placed at the Technology Innovation and Research Development and Support divisions, while the NRF fellows will be spread across Business Advancement, Research Analysis and Advice, Knowledge Advancement and Support divisions, as well as Research Chairs and Centres of Excellence,” Mgwebi said. 

The fellows will support the human capital development and social grand challenges (HCD and SGCs) five policy focus areas including research impact; internationalisation and partnerships; technology and innovations; and open science.

The fellowship programme is expected to be scaled-up over the next few years, with an open call for postdoctoral researchers to apply for the programme in 2025 and beyond. 

The role of research

Mgwebi also noted that in today's complex world, the role of research in shaping public policy cannot be overstated.

She said the DSI-NRF Policy Placement Postdoctoral Fellowship Programme recognises this imperative and seeks to empower outstanding researchers and academics to contribute directly to government institutions. 

“This will allow the academics to play a pivotal role in informing policy-making processes. The NRF and DSI are committed to driving national development through research initiatives that have a tangible impact on society.

"Through the creation of opportunities for collaboration between academia and government, we aim to enhance the capacity of researchers in public policymaking, while at the same time ensure that investments towards research culminates into impactful policies,” Mgwebi said.

DSI Research Development and Support Deputy Director-General, Imraan Patel said the programme fills two especially important gaps, one in which they have PhD graduates who have a lot of insight and ways of thinking that can be used by the policy environment effectively, but which cannot be extracted.

“The other in the policy environment where we have the need for deep insight into what is happening, what does the available evidence tells us, etc. This postdoctoral policy fellowship brings together those two needs into what I think is going to be an exciting and innovative programme,” Patel said. – SAnews.gov.za

 

GabiK
Tue, 05/07/2024 - 11:48

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Read moreProgramme to bridge gap between research, public policymaking
7 May 2024

South Africa remains an “attractive investment destination” – President Ramaphosa

Location: News

South Africa remains an "attractive investment destination" - President Ramaphosa

In his weekly newsletter, President Cyril Ramaphosa says the growth of South Africa’s automotive sector is a demonstration of “the potential of South Africa as an investment destination”.

The President said 2023 was a milestone year for South Africa’s automotive sector with the sixth millionth South African built vehicle exported with new vehicle exports reaching nearly 400 000.

“These figures are significant for a number of reasons. They show that our auto sector continues to grow despite a gloomy global economic outlook and disruptions to the flow of goods between countries.

“The growth of the automotive sector also demonstrates the potential of South Africa as an investment destination. It is a good example of how committed investors, supported by government policies and programmes, can achieve good returns for their shareholders while contributing significantly to the South African economy,” President Ramaphosa said.

The President pointed out that world leading vehicle manufacturers and other companies continue to pour more investment into South Africa.

“By way of example, Volkswagen last month announced a R4 billion investment to expand its Kariega plant in the Eastern Cape in preparation for the production of a new vehicle model expected to roll off the assembly line in 2027. This investment is expected to secure the livelihoods of approximately 3500 workers and support an additional estimated 50 000 indirect jobs and opportunities.

“South Africa’s value as an investment destination extends across many other industries, as local and international companies continue to either expand their investments or undertake new investments.

“Investment is important because, among other things, it creates employment, supports the growth of emerging suppliers, generates revenue for the country, and, in doing so, supports our efforts to reduce poverty and inequality,” he said.

According to the President, a recent report by PricewaterhouseCoopers (PwC) has found that net foreign direct investment (FDI) into South Africa has been consistently positive since the global financial crisis of 2007 to 2009 – meaning more investment has come into the country than out.

“Last year, FDI inflows amounted to R96.5 billion, equivalent to 1.4 percent of our Gross Domestic Product (GDP). This supports a trend where foreign direct investment has, on average, been far greater over the last five years than over the previous decade.

“The PwC report notes that South Africa has attractive fundamentals, such as world-class financial services and communications industries, deep capital markets, abundant natural resources and a transparent legal system. Furthermore, South Africa is ‘a strategic geographical location for entry into the rest of sub-Saharan Africa’,” he said.

Addressing challenges

President Ramaphosa highlighted that although there is a “broadly positive attitude towards South Africa among investors”, more work needs to be done to ensure that the FDI as a percentage of GDP is heightened.

“That is why we continue to work to implement our policies and align regulatory and other obstacles, so that we can attract higher levels of investment. Through the auction of broadband spectrum and progress in digital migration, for example, we have greatly expanded opportunities in telecommunications.

“We have significantly reduced waiting times for water use licences and other authorisations that are so important for getting major investment projects off the ground. We are working to get rid of other forms of red tape that impede and slow down investment,” the President said.

He also acknowledged that South Africa’s electricity problems remain a “major challenge to our people and the economy at large” and issues at ports and rail are being addressed.

“Through our Energy Action Plan, we have made much progress in dealing with the country’s electricity crisis. We have seen an improvement in the performance of Eskom’s power stations and substantial investment in new generation capacity. This has contributed to a sustained decrease in the severity of load shedding.

“The work we are doing with business, labour and other social partners in improving the efficiency of our ports and rail infrastructure is also starting to bear fruit. Further progress in these areas will increase the country’s competitiveness and attractiveness as an investment destination,” the President said.

The President assured that government will continue in its path towards economic recovery.

“We will continue to build on the gains that we have made towards creating an enabling business and investment climate that promotes economic growth and creates jobs.

“It is only through attracting higher levels of investment, both foreign and domestic, that a swift, sustainable economic recovery can be assured,” President Ramaphosa said. – SAnews.gov.za

 

NeoB
Tue, 05/07/2024 - 10:27

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Read moreSouth Africa remains an “attractive investment destination” – President Ramaphosa
7 May 2024

Winners of the Milken-Motsepe Prize in Green Energy Announced During Opening Session of Milken Institute Global Conference

Location: Business
The Milken-Motsepe Innovation Prize Program

Prize program awards Aftrak the $1 million Grand Prize to advance green energy in Africa; OMNIVAT awarded runner-up prize of $250,000; The organisations also launch a new FinTech Award in the next installation of the Prize program; winners will be selected in May 2025.

The Milken Institute (https://apo-opa.co/44yU0nF) and the Motsepe Foundation today announced the winners of the Milken-Motsepe Prize in Green Energy, a $2 million innovation competition to reward entrepreneurs working to expand access to reliable, affordable, and sustainable off-grid electricity in Africa. The winners were announced at the Milken Institute Global Conference in Los Angeles.

Aftrak (https://apo-opa.co/4bKg4OT), an initiative based out of the UK and Malawi, was awarded the $1 million Grand Prize for its easily assembled solar microgrid and custom-designed tractors, which have tripled agricultural yield, increased farmer incomes, and provided electricity to remote communities. The runner-up award of $250,000 was presented to South Africa-based OMNIVAT (www.OMNIVAT.Tech) for its containerized electricity generation and storage system, which provides clean water, clean energy, and Wi-Fi enriched by virtual reality support for remote communities.

The Milken-Motsepe Prize in Green Energy is the second in the Milken–Motsepe Innovation Prize Program, a series of multiyear, multimillion-dollar global innovation competitions and awards aimed at advancing technological progress toward the UN Sustainable Development Goals (SDGs). The first competition in this program, the Milken–Motsepe Prize in AgriTech, was launched in 2021, and focused on addressing the goals of no poverty and achieving zero hunger. 

Rigorous Judging Process

After launching in November 2022, hundreds of entrepreneurs from 79 countries on six continents registered to compete for the Milken-Motsepe Prize in Green Energy, and 160 of those submitted technological design and business models. In June 2023, an independent panel of expert judges carefully selected 20 semi-finalists to receive $20,000 to develop and test their innovations.

Each of the teams underwent a rigorous, independent judging process, which assessed their innovation's potential to deliver 60 kilowatt hours of off-grid electricity in a 24-hour period using only sustainable sources. Five teams were then chosen to advance to the Finalist Round. Each team received an additional $70,000 and showcased their innovations in a live demonstration in partnership with Stellenbosch University in South Africa.

“Meeting the teams and witnessing their work and determination to solve one of the biggest challenges facing Africa was truly inspiring,” said Dr. Precious Moloi-Motsepe, co-founder and CEO of the Motsepe Foundation. “We congratulate the Green Energy winners and all the finalists. Your innovations show such promise, and we will be watching with pride as you bring your technologies to market.”

The third Milken-Motsepe Prize, focused on FinTech, launched at the 2024 Milken Institute Global Conference. The prize will award companies that demonstrate the use of cutting-edge technologies to expand access to capital and financial services for small businesses in emerging and frontier markets.

The Milken-Motsepe Prize in FinTech offers $2 million in prizes, with a $1 million Grand Prize for the winning company. Registration is open until August 6.

The transformative potential of FinTech lies in its capacity to empower individuals to start and grow a business, even in the most remote communities. By lowering transaction costs, streamlining processes, and expanding access to capital and financial services, FinTech can enable aspiring entrepreneurs to turn their ideas into reality. The Milken-Motsepe Prize in FinTech is designed to leverage the potential of FinTech solutions to break down barriers to financial inclusion and contribute to the achievement of key SDGs, including alleviating poverty (SDG 1), promoting human well-being (SDGs 3 and 4), achieving gender equality (SDG 5), and fostering viable economic opportunities for young people (SDGs 8 and 9).

Milken-Motsepe Innovation Prize Impact

“The impact of Milken-Motsepe Innovation Prizes goes well beyond the financial awards,” said Dr. Emily Musil Church, senior director, environmental and social innovation at the Milken Institute. “This is a global community of entrepreneurs who believe in imagining and building a better, more abundant, and sustainable world. Our role is to identify and support these bold entrepreneurs and to help accelerate their success.”

The Milken-Motsepe Innovation Prize Program is a program of MI Philanthropy (https://apo-opa.co/3JSwhFM), which aims to influence the deployment of philanthropic capital to create a better world. MI Philanthropy's work includes the Science Philanthropy Accelerator for Research and Collaboration (SPARC), which has, to date, influenced more than $2 billion in medical research funding. 

Distributed by APO Group on behalf of The Milken-Motsepe Innovation Prize Program.

For more information about the winners and the Milken-Motsepe Innovation Prize Program, visit https://MilkenMotsepePrize.org/.

Notes to Editors:
For further information or to request interviews with the winners, please send requests or queries to the media contact below.

Media Contact: 
Ima Peter 
+27 11 268 6388
ima.peter@razorpr.co.za

About the Milken Institute:  
The Milken Institute is a non-profit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next. For more information, visit https://MilkenInstitute.org. 

About the Motsepe Foundation: 
The Motsepe Foundation was founded in 1999 by Dr. Patrice Motsepe and his wife, Dr. Precious Moloi-Motsepe. The goal of the Motsepe Foundation is to contribute towards eradicating poverty and to sustainably improve the living conditions and standards of living of poor, unemployed and marginalised people in South Africa, Africa, and the world. In January 2013, Dr. Patrice Motsepe and Dr. Precious Moloi-Motsepe joined the Giving Pledge, which was started by Warren Buffet and Bill and Melinda Gates. Dr. Patrice Motsepe and his wife committed to give half of their wealth to the poor and for philanthropic purposes during their lifetime and beyond. 

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Read moreWinners of the Milken-Motsepe Prize in Green Energy Announced During Opening Session of Milken Institute Global Conference
7 May 2024

The Latest in Wendy Houses: A Johannesburg Perspective

Location: Entertainment, MyPR

Wendy houses have evolved from simple playhouses to versatile structures used for storage, workshops, and even as additional living spaces. In Johannesburg, the trend of custom-designed Wendy houses is on the rise, providing residents with tailored solutions that fit their specific needs. Discover how these structures can maximize your space and enhance your property by …

Read moreThe Latest in Wendy Houses: A Johannesburg Perspective
7 May 2024

City Power’s Eskom debt reaches “unprecedented levels”

Location: News

City Power's Eskom debt reaches "unprecedented levels"

Eskom says it will approach the courts in a bid to have City Power pay its R1 billion debt to the national power utility.

City Power is a company wholly owned by the City of Johannesburg which purchases, distributes and sells electricity within the city coupled with maintaining and installing electrical infrastructure.

The power utility said City Power’s debt stood at some R1.073 billion at the end of March this year.

“The escalating City Power debt…has left Eskom with no choice but to apply to the High Court in Johannesburg for a declaratory order to force City Power to pay what is due to Eskom. The case has been enrolled for hearing on 4 June 2024. The power utility started to default on its payments from October 2023 and no payment was received for the March 2024 invoice.

“The debt owed by City Power has reached unprecedented levels, exacerbating Eskom’s already strained financial situation. This dire situation not only undermines Eskom’s financial sustainability but also threatens its ability to maintain essential infrastructure, invest in new technologies and meet the growing energy demands of the province,” Eskom said.

According to the national power utility, City Power has “declared a dispute regarding potential overbilling on bulk purchase invoices dating back to 2021”.

“Eskom denies the claims made by City Power and will prove its position through the arbitration process.

“In terms of the electricity supply agreements sanctioned by the Electricity Regulation Act of 2006, if a municipality raises a dispute with Eskom, it must still pay. The dispute does not absolve it of its legal obligations to pay Eskom for the bulk electricity it has received.

“Eskom remains committed to fulfilling its mandate of providing reliable and sustainable electricity to assist in growing the economy of Gauteng, making the province an investment destination of choice,” Eskom said. – SAnews.gov.za

 

NeoB
Tue, 05/07/2024 - 09:16

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Read moreCity Power’s Eskom debt reaches “unprecedented levels”
7 May 2024

Elevating Auto Maintenance: Trends in Car Repairs and Gearbox Solutions

Location: MyPR

The automotive repair industry is witnessing rapid advancements, particularly in the areas of gearbox repairs and air conditioning systems. As vehicles become more sophisticated, the need for equally advanced maintenance solutions grows. Advancements in Gearbox Repairs Modern gearbox repair techniques have evolved significantly, with precision diagnostics tools and computer-aided systems leading the way. These tools …

Read moreElevating Auto Maintenance: Trends in Car Repairs and Gearbox Solutions
7 May 2024

Reuseable bottles vs beverages packaged in plastic: Which comes out top?

Location: MyPR

One of the most enduring misconceptions about PET, the recyclable and food-grade plastic most often used for beverage bottles, is that it pollutes our environment. As a result, many are pushing consumers to switch to reusable/re-fillable bottles but few are asking the important question: Do reusable bottles trump beverages originally packed and sold in PET …

Read moreReuseable bottles vs beverages packaged in plastic: Which comes out top?
6 May 2024

Government notes strides made in Energy Plan delivery

Location: News

Government notes strides made in Energy Plan delivery

Minister in the Presidency responsible for Electricity, Dr Kgosientsho Ramokgopa, says government is making strides in the delivery of the energy plan unveiled by President Cyril Ramaphosa in July 2022.

Ramokgopa’s remarks comes as the country marks 40 consecutive days of no load shedding.

Ramokgopa attributed this to improvement in structural changes within Eskom, which has seen last year’s anticipated unplanned capacity loss factor reduced from 15 000 megawatts to 14 000 megawatts during the same period. 

“Eskom, by its own admission accepts that the kind of improvement that we have seen is so enduring that we can say to the country that we have clocked back 1000 megawatts compared to the same period of the previous calendar year,” he said.

Updating the media on the progress of the Energy Action Plan (EAP) in Pretoria on Monday, Ramokgopa noted the aggressive rollout of solar photovoltaic (PV) by both industry and households on the back of incentives provided for by the National Treasury. 

READ | Requirements for solar panel incentive explained

“[Due to] the kind of reforms that have been introduced, we are seeing greater numbers of households and industry that are taking up the opportunity to roll out solar PVs behind the meter intervention,” Ramokgopa said.

He also noted that on the back of the fiscal support received from National Treasury, Eskom has been able to invest a significant proportion of time into planned maintenance.

“When we went to December of 2023 transitioning into January 2024, we experienced about 18% of the total generating capacity taken out for planned maintenance, unprecedented in the past three years, as a result of this fiscal support. These concerted efforts are beginning to bear fruits,” the Minister said.

He said the biggest enemy is to ensure that the entity addresses the issue of unit failures, including unplanned capacity loss factor, and efficiency of the units.

Ramokgopa said during the same period in May 2023, unplanned capacity loss factor moved from 16 800 megawatts to about 18 000 megawatts. 

“This recovery and the clawing back of the 7 000 megawatts is something that has been experienced over a period of time [and] in this instance, over a 24-month period. All indications suggest that we will continue to improve on this number,” Ramokgopa said.

To date, unplanned outages from 26 April 2024 have been reduced by about 4 400 megawatts from 15 500 megawatts experienced some time ago.

Upcoming elections

Meanwhile, Ramokgopa disputed the accusations that the improvement in electricity has something to do with the upcoming National and Provincial government elections on 29 May 2024, saying “there’s no correlation between this performance and the date of 29 May."

“When the team was making these efforts; when we ramped up planned maintenance in December and January, little did we know that there would be a big date with a ballot box on the 29th of May.

“This is not staged [or] managed. It is an orchestrated effort, and an engineering feed by the team at Eskom.

“What we know is that UCLF [unplanned capacity loss factor] is tracking at 29% as of April of 2024, as opposed to 34 % of April 2023. We have recovered five percentage points over the period of the same period in April and a comparable period this year in April.

“You do not earn and recover that five percentage points suddenly because a date of an elections has been announced. It is as a result of process mapping in an engineering term; the stabilisation of management; ensuring that we use and deploy this fiscal injection, and identifying candidate stations that can give us the best returns in the shortest possible space of time.” – SAnews.gov.za

GabiK
Mon, 05/06/2024 - 14:48

173 views
Read moreGovernment notes strides made in Energy Plan delivery
6 May 2024

Discover the Benefits of Lou Appels Scrap Yard in Johannesburg

Location: MyPR

A Leader in Auto Recycling and Spare Parts Lou Appels is one of Johannesburg’s premier destinations for quality used auto parts and scrap yard services. Established with a long history in the auto spares industry, Lou Appels offers an extensive inventory that caters to a wide range of vehicle makes and models. Comprehensive Services and …

Read moreDiscover the Benefits of Lou Appels Scrap Yard in Johannesburg
5 May 2024

Newly launched Dube TradeZone attracts R1.8 billion in early investment  

Location: News

Newly launched Dube TradeZone attracts R1.8 billion in early investment  

The Dube TradePort Corporation (DTPC) has officially launched the second phase of the highly successful industrial precinct and Special Economic Zone (SEZ) adjacent to the King Shaka International Airport, the Dube TradeZone 2.

The business entity of the KwaZulu-Natal provincial government recently hosted a ribbon-cutting event where they also previewed two factories worth over R180 million which are currently under construction within the precinct.

DTPC Board Chair, Mpumelelo Zikalala, said despite the constrained economic environment over the past two years, the corporation has secured seven private sector investors for Dube TradeZone 2.

Four of these investors have begun constructing their facilities. 

The total private sector investment value secured in Dube TradeZone 2 amounts to R1.8 billion and is expected to create 600 jobs within the next five years. 

Dube TradeZone 2 will target investors in the manufacturing, logistics and automotive sectors while facilitating the planned expansion of several phase one-based enterprises.

The launch of the second phase of the TradeZone follows the successful implementation of Dube TradeZone 1, which has 50 investors and full tenants. These include international companies such as Samsung, Mahindra, DHL, Chem Energy and PepsiCo-Futurelife.

Economic Development, Tourism and Environmental Affairs MEC, Siboniso Duma, welcomed the investment as he reflected on the 30 years of freedom and democracy. 

He noted the establishment of SEZ as one of the achievements of a democratic government.  

He cited this investment as an indication that SEZs are instruments for job creation and economic development.

“As government, we are focusing on SEZ for a good reason. They are designed for specific developmental purposes, to develop export-orientated industries, attract foreign direct investment and technology transfer and achieve the generation of employment opportunities.”

The MEC said SEZs are an effective instrument to resolve “disturbing” levels of inequality, poverty and unemployment, which are strongly marked by spatial, racial, class and gender factors.

In addition to job creation, Duma said SEZs are broadening the municipal revenue collection base to improve the quality of life in the municipal areas, as well as the quality of municipal services.

“This makes SEZs one of the key instruments for municipal economic growth and development,” the MEC explained.

To date, the 26-hectare TradeZone 1 has attracted more than R2.8 billion in private sector investment from enterprises focused on air-related logistics, distribution and light manufacturing.

It includes the Dube TradeHouse, a dedicated facility for freight forwarders and shippers with airside access via an overhead conveyor air bridge to the adjacent, state-of-the-art Dube Cargo Terminal.

Dube TradeZone 1 is home to notable exporters that service the sub-Saharan African market as well as markets in Asia, Europe, and the United States. 

In 2023/24, Dube TradePort tenants exported goods worth R610 million. 

Dube TradeZone 2, will open an additional 45 hectares of industrial land for development and brings to market another 23 fully serviced sites, which range in size from 3 000m² to 57 000m². 

It will also include three Dube TradePort-owned warehouses, one of which will accommodate medium-sized businesses enabling the expansion of small businesses located in the mini factories.

The two factories include the R166-million Yangtze Optical Africa Cable plant and R17.5 million development by HRMP, a 100% Black South African-owned logistics company that specialises in the warehousing and distribution of graphite electrodes. This new facility was funded by Ithala Development Finance.  

Trade and Investment KwaZulu-Natal (TKZN) CEO, Sihle Ngcamu, welcomed further foreign investment by Yangtze Optical Africa Cable, which is already producing optical fibre cables and home solution cables for the local, Zambian, Namibian and Botswanan telecommunications markets at its facility in TradeZone 1.

This latest investment is expected to deliver a further 250 jobs over the next five years. 

To date, Dube TradeZone has attracted a total of R4.6 billion in private sector investment and created more than 5 000 permanent jobs. – SAnews.gov.za

 

Gabisile
Sun, 05/05/2024 - 08:11

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Read moreNewly launched Dube TradeZone attracts R1.8 billion in early investment  
3 May 2024

Mineworkers disrupt COSATU May Day rally in Soweto

Location: News

“What are we celebrating, when we are losing our jobs?”

Read moreMineworkers disrupt COSATU May Day rally in Soweto
3 May 2024

Families to leave ancestral lands as coal mine expands

Location: News

Land Claims Court orders Mpumalanga mine to build them permanent houses

Read moreFamilies to leave ancestral lands as coal mine expands
3 May 2024

CTFL Masterplan has had a positive impact on local industry

Location: News

CTFL Masterplan has had a positive impact on local industry

More than 20 000 jobs have been created in the past five years since the clothing, textile, footwear and leather (CTFL) industry’s masterplan was launched.

This was reported to the Minister of Trade, Industry and Competition Ebrahim Patel by stakeholders at a meeting in Cape Town on Thursday.

Major retailers have sourced 371 million more units of clothing items from local manufacturers over the same period, a 51% increase on the baseline of units bought locally. The volume of clothing imported from China has dropped in major clothing categories, and the value of the clothing imported increased, showing success in the fight against under-invoicing.

According to a statement by the department, these figures were released at a meeting at the Prestige Clothing factory, owned and operated by South African retailer, TFG, as part of a report back to CEOs of large retailers and manufacturers, as well as leaders from labour and government.

“Over this period, we've been able to take an industry which had been decimated by imports and low investment, and stabilise it through the collaboration and partnership which the masterplan has provided,” Trade, Industry, and Competition Minister Ebrahim Patel said at a media briefing after the meeting.  

“These efforts have built a platform which has led, in just a short time, to increased local procurement; increased manufacturing employment; and better administration of imports at the country’s ports of entry,” Patel said.

The masterplan was developed with the consensus of stakeholders in the sector and included undertakings in place by retailers to increase their procurement of locally manufactured CTFL products.

In return, manufacturers in the sector committed to increasing investment in productive capacity and technology, while building manufacturing ecosystems to advance transformation and inclusion, and advance worker empowerment.

Workers in the sector committed to efforts to strengthen the industry and promote the Buy South African campaign in communities.

Government meanwhile committed to an upgrade of customs enforcement to stem illegal imports, a competitiveness enhancement incentive program and implementation of appropriate CTFL tariffs and rebates.

“The decrease in imported volumes, accompanied by increasing declared values is great news for the industry and jobs. It means that we are making progress to levels where imported clothing and footwear are being declared at their fair prices.

“The industry has faced systematic import fraud through under-invoicing of garments and their illegal import. This has the effect of unfairly pricing imports below their market value and depriving the fiscus of revenue for healthcare, education and crime-prevention.

“The support of the South African Revenue Service has been important and valuable,” the Minister said.

The department has provided R2.5 billion to the industry through the Clothing, Textiles, Footwear, and Leather Growth Program (CTFLGP) to improve its competitiveness and productivity.

In addition, R4.4 billion in loan capital has been provided by the Industrial Development Corporation to help increase productivity and meet increasing local demand.

“The last five years of collaboration and partnership have been immensely successful. The industry was on its knees, with many suggesting it was in terminal decline. However, since the masterplan was implemented, we’ve seen an increase in investment, and today the industry is revitalised, employing more people than it did when we started this journey,” said the CEO of TFG, Anthony Thunstrom, at the same media briefing.

“Investment and training have meant that we can manufacture as efficiently in South Africa as anywhere else in the world. We generate our best profitability on South African-made products. Local manufacturing has had a real positive impact on the performance of our business,” he said.

Herman Pillay, CEO of the TCI Apparel Group, said: “We’ve seen a huge improvement in manufacturing since 2019. We’ve seen the establishment of new companies, many of them black-owned. We’ve had good support from the retailers, but at the same time, we see increasing opportunities as we improve these channels of collaboration.

“The collaboration we’ve seen under the Masterplan in the CTFL sector is a real case study of what can be achieved when stakeholders come together.”

Speaking on behalf of workers, Susan Khumalo, President of the Southern African Clothing and Textiles Workers Union (SACTWU), said: “The masterplan came at an important time, after years of significant challenges for the industry. With the inception of masterplan, we have seen positive change in the industry. It’s only been five years, and we hope with the way forward to can see more growth and more jobs for workers.”

“One of the things we should not neglect is the power of social dialogue. The masterplan has provided a platform where problems can be collectively solved through the energy and creativity of all stakeholders, ultimately to grow employment and manufacturing output,” said Etienne Vlok, union researcher.

Ashley Benjamin, General Secretary of the National Union of Leather and Allied Workers (NULAW), said: “We are seeing a number of success stories in the footwear manufacturing industry. A number of companies are now producing high-end leather footwear for the export market, including the United States.”

Minister Patel emphasised that the industry in 1994 is vastly different from that of today.

“The CTFL industry was very inwardly focused and relied heavily on high tariffs and very low wages. Immediately following the introduction of democracy in South Africa, we were faced with two compounding challenges, namely the reduction of tariffs agreed to by the previous regime before the end of apartheid, and the impact of China entering the global market. Many countries around the world lost their clothing industries.

“In the past 15 years, while there were significant job losses, South Africa managed to hang on to part of its industry.

“By 2009, the industry made its first attempt at a restructuring, with new trade measures and a competitiveness programme that followed, and with a better collaborative response, which was finally formalised with the signing of the masterplan in 2019.

“Looking forward, we have identified a number of things we can do to take advantage of the emerging opportunities which the masterplan brings. We need to consolidate and deepen the partnership, and improve the collaboration across the value chain from textiles to garment manufacture to retailers and workers.

First, we need to strengthen footwear production in South Africa. Second, we want to identify additional products for localization in clothing. Third, there needs to be greater visibility of South African-made products in retail stores and to address the challenge of certain non-South African online platforms that uses tariff loopholes.

“Finally, there is an opportunity to tell the transformation storyline better. We have a large number of black industrialists operating in the space,” he said.

Michael Lawrence, Executive Director of the National Clothing Retail Federation (NCRF) said: “The masterplan is also being used as a platform for sustainability and the greening of the industry. The masterplan is not just solving the problems of yesterday, but addressing the problems of tomorrow as well.”

The CTFL sector now employs more than 500 000 South Africans, including 250 000 manufacturing jobs and more than 280 000 retail jobs. – SAnews.gov.za

 

Edwin
Fri, 05/03/2024 - 09:58

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Read moreCTFL Masterplan has had a positive impact on local industry
3 May 2024

Formidable fighters for burn survivors off to Everest Base Camp

Location: MyPR

“In February 2024 I completed a seven-year quest of climbing the tallest peak on every continent. Climbing for me extends far beyond any record or achievement, it’s a continued journey back to my most authentic self.” (Remy Kloos) A lot has been said and written about Remy Kloos – and for a good reason: she’s …

Read moreFormidable fighters for burn survivors off to Everest Base Camp
3 May 2024

Elections 2024: What the major political parties say about water and sanitation

Location: News

We sent questions to the ANC, DA, EFF, IFP, FF Plus, ActionSA, PA, MK Party and RISE Mzansi

Read moreElections 2024: What the major political parties say about water and sanitation
2 May 2024

#DiscoverMyAfrica, a Celebration of Creative Economy on Africa Month

Location: News

African Union (AU)
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A thriving creative economy fuels innovation, jobs, and economic growth across Africa. Recognizing this potential, the African Union and Google Africa join forces to launch the #DiscoverMyAfrica Shorts Challenge, a month-long campaign of the continent's rich diversity, heritage, and vibrant spirit.

In celebration of Africa Month,YouTube creators across Africa are invited to share short videos capturing their unique perspectives using the #DiscoverMyAfrica hashtag. The challenge encourages them to showcase various facets of African life, from music and art to food, fashion, and local landmarks. A curated playlist of African-inspired music on YouTube Music fuels inspiration and accompanies these creative expressions.

This initiative goes beyond celebration. As Ms. Chido Mpemba, AU Youth Envoy, states, "#DiscoverMyAfrica empowers African youth to share their stories and rich cultural heritage globally." By providing a platform for African voices, the challenge fosters cultural exchange and positions Africa as a hub of creative energy. It's about unlocking the vibrant future of Africa's creative landscape, aligning with the vision of a digitally-enabled Africa harnessing its cultural wealth for economic growth and social progress.

"YouTube is committed to supporting the diverse voices and talents that make up Africa's creative landscape," said Addy Awofisayo, Head of Music for Sub-Saharan Africa at YouTube. "These initiatives provide valuable resources and platforms for African filmmakers, musicians, and content creators to share their stories and connect with global audiences."

In addition to the challenge Google - African Union partnership will further celebrate Africa Month with a series of programs designed to elevate African musicians and creators. The "Up Close With" series, a platform where African music's brightest stars get up close and personal about their music and journey, will feature intimate conversations and live performances by Grammy-nominated superstars Musa Keys (South Africa) and Ayra Starr (Nigeria). These exclusive sessions will offer a rare glimpse into the artistry and creative processes of these celebrated musicians, with live performances of their chart-topping hits. The sessions will be recorded and uploaded to the artists' YouTube channels, allowing fans worldwide to experience the magic.

The #DiscoverMyAfrica Challenge is part of the African Union's collaborative effort in driving innovation through strategic partnership with Google, through the Office of the Youth Envoy, Make Africa Digital (MAD) initiative. The MAD initiative is implemented under the African Union's Digital Transformation Strategy 2020-2030 which envisions an “integrated and inclusive digital society and economy in Africa that improves the quality of life of Africa's citizens “The MAD initiative, launched in 2023 has been domesticated in six countries - Ethiopia, Madagascar, Ghana, South Sudan, Senegal and Zambia, reaching over 4000 young Africans with innovative skills to leverage the digital economy. The #DiscoverMyAfrica Shorts Challenge will further emphasize the innovative prowess of young Africans through talent, music and story-telling.

Distributed by APO Group on behalf of African Union (AU).

Read more#DiscoverMyAfrica, a Celebration of Creative Economy on Africa Month
2 May 2024

Eskom reaches significant milestone in curbing load shedding

Location: News

Eskom reaches significant milestone in curbing load shedding

Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa, says the end of load shedding is “within touching distance”.

This after Eskom achieved an Energy Availability Factor (EAF) of 65.5% on Wednesday.

In a post on the power utility's Facebook social media platform, Ramokgopa said: “[This] marks a significant milestone in resolving the energy deficit [load shedding] in the country. Eskom’s achievement of an Energy Availability Factor of 65.5%, last attained in 2021, confirms the success of the aggressive maintenance-led recovery strategy, despite its inherent risks [short-term pain for long-term gain]”.

He added that reaching an EAF of 65.5% validates the viability of the power utility’s fleet and “signifies the most efficient path to ending load shedding”.

“With the proven success of this performance, the focus now shifts to maintaining and enhancing it. The return of Medupi Unit 4 (800MW), Koeberg Unit 2 (980MW) and the synchronisation of Kusile Unit 6 (800MW), a total of 2580 MW in the next 6 months, is a welcomed addition to generation capacity.

“These orchestrated improvements and new capacity means that we have breached peak load shedding. The state-incentivised rooftop solar rollout, on track to reach installed capacity of 6 000MW by year end, is an indispensable part of the energy calculus in the country. Government induced - through a suite of thoroughgoing reforms - private sector sponsored new generation capacity is critical to the attainment of energy sovereignty.

“We have indeed turned the corner, the ending of load shedding is within touching distance,” Ramokgopa said.

Also in a post on the social media platform, X, Eskom said it had now reached 35 consecutive days of no load shedding and highlighted the work done to reach an Unplanned Capacity Loss Factor (UCLF) of just over 10 000MW.

“[Our] UCLF, also known as unplanned outages, has reached 10 966 MW. This achievement by our generation team represents a significant milestone in our Generation Operational Recovery Plan and has contributed to an energy availability factor of 65% since midnight. 

“We are now 35 days into the suspension of load shedding, thanks to our team’s sustained and deliberate efforts,” Eskom said. – SAnews.gov.za

NeoB
Thu, 05/02/2024 - 09:06

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Read moreEskom reaches significant milestone in curbing load shedding
2 May 2024

Amul Sign On As Sponsors For Proteas T20 World Cup Campaign

Location: Sport

JOHANNESBURG: Cricket South Africa (CSA) and Gujarat Cooperative Milk Marketing Federation Limited are delighted to announce Amul as the team sponsor...

Read moreAmul Sign On As Sponsors For Proteas T20 World Cup Campaign
1 May 2024

Exploring Household Appliances Available for Sale in South Africa

Location: MyPR

Household appliances play a vital role in simplifying daily tasks, from cooking and cleaning to laundry and home maintenance. With a wide array of options available for sale in South Africa, upgrading or adding new appliances to your home can significantly enhance efficiency and convenience. Let’s delve into the diverse range of household appliances without …

Read moreExploring Household Appliances Available for Sale in South Africa
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