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You are here: Home / Archives for Energy

Energy

4 March 2024

Government activities for the week 04 March to 07 March 2024

Location: News

Government activities for the week 04 March to 07 March 2024

On Monday, 04 March, the Department of Sport, Arts and Culture in partnership with the Department of Justice and Correctional Services will launch the 2024 Human Rights Month at Kgosi Mampuru II Correctional Centre.

Also on Monday, Eastern Cape Rural Development and Agrarian Reform MEC Nonkqubela Pieters hands over industrial machines, agricultural inputs, and tools to business owners in Bathurst.

Monday also marks World Obesity Day.

From Monday, 04 March to Thursday, 7 March, the Department of Employment and Labour will be taking a basket of its services to the communities of eMalahleni Local Municipality, Mpumalanga.

On Tuesday, 05 March, the Electoral Commission will launch its annual national Civic and Democracy Education Tertiary institutions campaign to improve youth understanding and participation in the country’s democratic processes, in Limpopo.

Meanwhile, the Minister of Mineral Resources and Energy, Gwede Mantashe will deliver a keynote address at the 16th annual edition of Africa Energy Indaba in Cape Town.

On Thursday, 7 March, the District Development Model Presidential Imbizo will take place in  the eMalahleni Local Municipality, Nkangala District in Mpumalanga.

 

 

 

 

Neo
Mon, 03/04/2024 - 14:19

426 views
Read moreGovernment activities for the week 04 March to 07 March 2024
4 March 2024

Applications Open for the Sixth Edition of Africa’s Biggest Entrepreneurial Competition

Location: News
Africa’s Business Heroes (ABH)

The Africa's Business Heroes (ABH) Prize Competition has launched its sixth annual continent-wide search for 10 exceptional entrepreneurs who are striving to make a positive impact in their local communities. The application form can be accessed for free on ABH's official website (https://AfricaBusinessHeroes.org/) starting today.

Since its inception in 2019, ABH has spotlighted and supported some of Africa's brightest entrepreneurial minds. The ABH top 10 finalists (Heroes) over the last five years:

  • have created 123,000 direct and indirect jobs in Africa
  • are serving over 37.5 million customers in Africa and beyond
  • have raised over US$153 million (not counting debt raises)
  • operate in 52 African countries

In 2023, ABH published a five-year impact report that details the impact ABH Heroes have had. The full report can be accessed here: https://apo-opa.co/3T4mErL

As ABH enters its sixth year, it is calling on entrepreneurs across Africa to pitch on the biggest entrepreneurial stage in the continent. ABH encourages applicants from all 54 countries, from all business sectors, of all ages and genders, to submit their applications in English or French. Along with invaluable benefits such as training, exposure and networking opportunities, the top 10 finalists will also compete for their share of US$1.5 million in grant money.

“Over the past five years, we've had the privilege of witnessing the incredible growth of our Heroes. Many of our Heroes have leveraged the grant funds to expand their geographic footprint, hire talent, grow their operations and invest in new products and services. It's been heart-warming to see our Heroes collaborate with each other and to tap into the ABH network of judges and experts. We are motivated to continue to play our part in supporting the African entrepreneurial ecosystem. We are calling on all eligible African entrepreneurs who are creating positive impact to join us in this journey!” says Zahra Baitie, Head of Partnerships & Programs, Africa's Business Heroes.

To date, nearly 100,000 entrepreneurs have participated in the ABH Prize Competition. Last year's winners were chosen from 27,267 applicants from sectors spanning agriculture, education and training, energy, financial services, healthcare, manufacturing, and retail. The competition cumulated in the Grand Finale, where the top 10 finalists mounted Africa's largest augmented reality-powered stage to present their businesses to a panel of esteemed judges.

Dr. Ikpeme Neto, CEO and Founder of Wellahealth Technologies, ABH 2023 First Prize Winner says: “Participating in the ABH Prize Competition has been a transformative experience for Wellahealth Technologies, profoundly impacting our journey as a startup. ABH not only provided us with financial assistance but also offered unparalleled opportunities for entrepreneurship training, networking, and exposure. I urge fellow entrepreneurs across Africa to seize this extraordinary opportunity to enjoy a wealth of benefits that can catalyze growth and success for your ventures.”

WellaHealth (www.WellaHealth.com) provides affordable healthcare plans that start at less than a dollar a month to cover care common conditions delivered via pharmacies and remote doctors. The company serves over 300,000 individuals and is aiming to reach one million within 18 months and expand to 10 million within the next five years, extending its services in Nigeria and throughout Africa.

ABH constantly explores effective ways to help the participating entrepreneurs take their businesses to the next level. As with previous years, the journey to this year's Grand Finale will also include access to a community of business leaders, innovators, industry experts and investors as well as multi-disciplinary boot camps and training sessions.

To better facilitate the engagement with entrepreneurs and facilitate applications, this year ABH will organize a series of roadshows in multiple countries, including Cameroon, Cote d'Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania and Zambia. These events will be conducted in collaboration with local entrepreneur organizations and ABH community members. Participants will gain valuable insights into the ABH initiative as well as enhance their chances of success in the competition. Further details regarding the roadshows and information sessions will be disseminated via ABH's official social media channels and newsletters.

Applications for ABH 2024 are open from now until May 19, 2024. The top 50 finalists will be announced in July, followed by the announcement of the top 10 in September. The final winners will be unveiled at the Grand Finale in November.

To apply, and for more information about ABH 2024, please visit ABH's website (https://apo-opa.co/3uUYEPD) and follow ABH on Twitter (@africa_heroes), Instagram (https://apo-opa.info/3KZTXKa), TikTok (https://apo-opa.co/48DjD7o) and YouTube (https://apo-opa.info/3YDG5bH).

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH).

Press Contact:
Africa's Business Heroes Press Room
abh.press@list.alibaba-inc.com

For media inquiries or interview requests, please contact:
English: Tracy Walakira 
tracy.walakira@apo-opa.com
French / Arabic: Malika Bouayad 
malika.bouayad@apo-opa.com

About Africa's Business Heroes:
The Africa's Business Heroes Prize Competition is a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy. It aims to support, inspire and enable the next generation of African entrepreneurs across all sectors who are building a brighter future for the continent, by offering grant funding, training programs and support for the development of an entrepreneurial ecosystem. Over 10 years, each year the ABH Prize Competition features 10 entrepreneur finalists as they pitch their business to win a share of US$1.5 million in grant money.

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3 March 2024

Anthony Jeanjean (FRA) and Moses Adams (SA) win Converse ULT.X titles in Cape Town.

Location: MyPR

2nd March 2024 – The vibrant city of Cape Town played host to an electrifying spectacle of athleticism and adrenaline as contestants from around the globe converged for the Converse Ult.X at Battery Park in the famous V&A Waterfront. The event saw the world’s top freestyle BMX riders and South Africa’s best park skateboarders battling …

Read moreAnthony Jeanjean (FRA) and Moses Adams (SA) win Converse ULT.X titles in Cape Town.
1 March 2024

DWS kick-starts National Water Month  

Location: News

DWS kick-starts National Water Month  

The Department of Water and Sanitation (DWS) will be embarking on advocacy programmes as part of National Water Month.

Today, the department kick-starts National Water Month, which is conceptualised along the annual commemoration of World Water Day.

World Water Day is spearheaded by the United Nations (UN) and is observed on 22 March.

The UN uses World Water Day to focus attention on the global water crisis and raise awareness of the 2.2 billion people living without access to safe water, with the aim of aspiring nations to commit to long-term action.

This is to ensure that everyone in the world has access to safe water by 2030, while not impacting the environment. 

World Water Day also brings attention to the importance of freshwater and advocating for the sustainable management of freshwater resources. 

This year’s Water Day will be observed under the theme, 'Leveraging Water for Peace', which encourages communities and countries to use water as a tool for peace, when cooperating over this precious shared resource.

The theme also highlights that water can spark and intensify conflict when access is denied and usage unfairly shared. 

The department said National Water Month will be used to reflect and deliver the department’s mandate in response to these challenges, with the strategies to avoid the projected deficit.

Water and Sanitation Services Policy on privately-owned land

The ministerial launch of the Water and Sanitation Services Policy on privately owned land, scheduled to take place in KwaZulu-Natal, will be the highlight of this year’s National Water Month. 

“The Minister of Water and Sanitation, Senzo Mchunu, will launch this holistic policy with the intention of unifying and simplifying the provision and regulation of sustainable and equitable water services to residents living on privately-owned land,” the department said. 

The month-long activities will also see Mchunu visiting Limpopo to assess progress on the Giyani Bulk Water Supply Scheme, which will benefit 24 villages.

This follows his commitment to accelerate the project through, among others, optimisation of the Giyani water treatment works to its original capacity and increase the project scope to ensure 55 villages benefit from the scheme. This is through funds allocated for reticulation and expanding access to yard connections. 

To this end, the department said 24 villages are in various stages of construction and some of the villages will soon be receiving water in their taps. 

“Minister Mchunu will also meet with his four counterparts from Botswana, Mozambique and Zimbabwe to sign the amendment of the Limpopo Watercourse Commission (LIMCOM) by the four riparian States which share the Limpopo River Basin and use water from the river to support various socio-economic activities, including agriculture, tourism, energy generation, as well as for domestic use.

“The agreement signed in 2003, will be amended to formalise the establishment of the LIMCOM Council of Ministers to be the main policy and decision-making body on transboundary, water resource management issues in the Limpopo River Basin,” the department said. 

The department has reiterated its call to all South Africans to make a difference by changing the way they use, drink and manage water in their respective lives. 

“South Africa is a dry and water-scarce country with an average annual rainfall of 470mm compared to the global annual average of 814mm. Thus, it has limited water availability, which is diminishing compared to other countries,” the department said. – SAnews.gov.za

GabiK
Fri, 03/01/2024 - 10:58

756 views
Read moreDWS kick-starts National Water Month  
1 March 2024

DWS kickstarts National Water Month  

Location: News

DWS kickstarts National Water Month  

The Department of Water and Sanitation (DWS) will be embarking on advocacy programmes as part of National Water Month.

Today, the department kick-starts National Water Month, which is conceptualised along the annual commemoration of World Water Day.

World Water Day is spearheaded by the United Nations (UN) and is observed on 22 March.

The UN uses World Water Day to focus attention on the global water crisis and raise awareness of the 2.2 billion people living without access to safe water, with the aim of aspiring nations to commit to long-term action.

This is to ensure that everyone in the world has access to safe water by 2030, while not impacting the environment. 

World Water Day also brings attention to the importance of freshwater and advocating for the sustainable management of freshwater resources. 

This year’s Water Day will be observed under the theme, 'Leveraging Water for Peace', which encourages communities and countries to use water as a tool for peace, when cooperating over this precious shared resource.

The theme also highlights that water can spark and intensify conflict when access is denied and usage unfairly shared. 

The department said National Water Month will be used to reflect and deliver the department’s mandate in response to these challenges, with the strategies to avoid the projected deficit.

Water and Sanitation Services Policy on privately-owned land

The ministerial launch of the Water and Sanitation Services Policy on privately owned land, scheduled to take place in KwaZulu-Natal, will be the highlight of this year’s National Water Month. 

“The Minister of Water and Sanitation, Senzo Mchunu, will launch this holistic policy with the intention of unifying and simplifying the provision and regulation of sustainable and equitable water services to residents living on privately-owned land,” the department said. 

The month-long activities will also see Mchunu visiting Limpopo to assess progress on the Giyani Bulk Water Supply Scheme, which will benefit 24 villages.

This follows his commitment to accelerate the project through, among others, optimisation of the Giyani water treatment works to its original capacity and increase the project scope to ensure 55 villages benefit from the scheme. This is through funds allocated for reticulation and expanding access to yard connections. 

To this end, the department said 24 villages are in various stages of construction and some of the villages will soon be receiving water in their taps. 

“Minister Mchunu will also meet with his four counterparts from Botswana, Mozambique and Zimbabwe to sign the amendment of the Limpopo Watercourse Commission (LIMCOM) by the four riparian States which share the Limpopo River Basin and use water from the river to support various socio-economic activities, including agriculture, tourism, energy generation, as well as for domestic use.

“The agreement signed in 2003, will be amended to formalise the establishment of the LIMCOM Council of Ministers to be the main policy and decision-making body on transboundary, water resource management issues in the Limpopo River Basin,” the department said. 

The department has reiterated its call to all South Africans to make a difference by changing the way they use, drink and manage water in their respective lives. 

“South Africa is a dry and water-scarce country with an average annual rainfall of 470mm compared to the global annual average of 814mm. Thus, it has limited water availability, which is diminishing compared to other countries,” the department said. – SAnews.gov.za

GabiK
Fri, 03/01/2024 - 10:58

124 views
Read moreDWS kickstarts National Water Month  
29 February 2024

Gigabytes vs GIGO-bytes: The Recipe for Data Quality in 2024 and Beyond 14 February 2024

Location: MyPR

THOUGHT LEADERSHIP BY JESS CLELAND of Cushman & Wakefield | BROLL This is an article about cake. Cake made from the finest ingredients, baked using the best recipe, and so beautifully presented that, from a single glance, you just know it will make your day. Because whose day is not improved by good cake? Now …

Read moreGigabytes vs GIGO-bytes: The Recipe for Data Quality in 2024 and Beyond 14 February 2024
28 February 2024

Regent Business School hosts thought-provoking webinar unveiling insights from National Budget 2024 analysis

Location: MyPR

In the wake of the annual Budget address delivered by South Africa’s Minister of Finance, Enoch Godongwana, on 21 February, Regent Business School took the helm in fostering an illuminating webinar. This hybrid gathering, spearheaded by the school’s respected Dean, Dr Shahiem Patel (who is also a Non-Executive Director of the Institute of Bankers) alongside …

Read moreRegent Business School hosts thought-provoking webinar unveiling insights from National Budget 2024 analysis
27 February 2024

EWSETA introduces specialised training for renewable energy, water management

Location: News

EWSETA introduces specialised training for renewable energy, water management

The Energy and Water Sector Education and Training Authority (EWSETA) has developed and implemented specialised renewable energy and water resource management training programmes, in a bid to align with industry needs and technological advancements. 

This was revealed during a media engagement with the organisation in Rosebank, Johannesburg on Tuesday. 

EWSETA Chief Executive Officer, Mpho Mookapele, engaged the media on the back of growing research that macroeconomic trends and technological advancements continue to disrupt labour markets worldwide.

Mookapele highlighted some of the courses implemented by the organisation and others currently in the pipeline, including water works management, solar panel installation, wind turbine maintenance and other green energy solutions, among others.

She said as the energy sector is rapidly evolving the EWSETA is currently developing qualifications that will respond to the gaps in the curriculum. 

The skills programmes that will be introduced include wind turbine operation, biogas installation, microgrid and battery energy storage operation, solar PV manufacture, design, and installation. 

“When the sector needs certain skills, we are committed to working together with industry to build these capabilities. Ultimately, we exist to ensure industries are successful.  

“As such, we aim to move with agility to ensure that these programmes and qualifications are concluded and submitted for registration with Quality Council for Trades and Occupation (QCTO) and South African Qualification South African Qualifications Authority (SAQA),” Mookapele said.

She said due to the boom in the photovoltaic sector and more people going solar, the SETA is also currently working with industry to ensure that minimum skills requirements are mandated for the PV Green Card training - a quality assurance standard for solar PV installers.

These minimum requirements will hopefully mitigate against substandard installations.

Mookapela said the EWSETA is looking for partners to enable retro-fitting technical workshops for TVET colleges to ensure that they are responding to the tech-developments in the industry.

Developing water-related qualifications

The EWSETA has also partnered with water boards, including municipalities and private industries, to develop water-related qualifications that aim to address the challenges around clean drinking water and wastewater treatment plants.  

“In response to the evolving water landscape, a Water Works Management NQF 6 qualification has been registered. EWSETA is in the process of developing a Water Resource Management qualification at NQF level 8 and a skills programme for a Water Conservation Practitioner,” she said.  

Advances in water treatment processes will necessitate the development of qualifications that will respond to the future treatment landscape, and these include biological water treatment and smart water grids, amongst others. 

“As the world transitions to net zero, the traditional career landscape is changing, and it is up to all of us to future-proof our workforce. The Energy and Water Sector Education and Training Authority is taking strides to harness the opportunities that these exciting changes present,” Mookapele said.

Skills development initiatives

Meanwhile, Mookapele underscored the importance for businesses to share their skills plans with the EWSETA to enable the organisation to capacitate learners accordingly.

Investing in skills development secures the long-term sustainability of industries and contributes to economic resilience.

“Together with government and private entities we are collaborating to fast-track skills development initiatives that seek to upskill and reskill employees to meet the workforce demands of the changing energy and water sectors,” Mookapele said.

The International Energy Agency (IEA) last year revealed that 4.7 million more people were employed in clean energy globally in 2022 than in 2019. 

Mookapele noted that concerns around the “green skills gap” have been echoed by a recent report from LinkedIn, which shows that only 1 in 8 employees globally possess one or more green skills. 

“We don’t want to leave South Africa’s young people and workforce behind; it is important for businesses to share their skills plans with us, so that we can capacitate learners accordingly,” she said.

EWSETA’s mandate is to participate, build and strategically plan and manage skills development, and training needs in the energy and water sectors, as directed by the National Skills Development Plan 2030.  – SAnews.gov.za 

 

GabiK
Tue, 02/27/2024 - 14:38

103 views
Read moreEWSETA introduces specialised training for renewable energy, water management
27 February 2024

Kaspersky presents industrial cybersecurity review and predictions for 2024

Location: News
Kaspersky

At the 9th annual Cyber Security Weekend – META conference held recently in Kuala Lumpur, Malaysia, Kaspersky (www.Kaspersky.co.za) presented an industrial cybersecurity review for the countries in the region and outlined the key cybersecurity challenges for industrial enterprises in the year ahead.

According to Kaspersky Security Network (KSN) statistics, in the second half of 2023, 32.6% of ICS computers globally had been attacked with malware. In the Middle East, Turkiye, and Africa (META) region the figure is 36.5% for Turkiye, 36.8% for Africa (27.5% in South Africa, 34.55% in Kenya, 28.8% in Nigeria, 33.17% in Ghana), and 33.5% for the Middle East region. There is a slight decrease in this figure in the region compared to 2022 which can be the result of industrial organisations paying more attention to cybersecurity.

African countries are undergoing rapid digitalisation and integration into the world's economy, while at the same time facing a significant cybersecurity under-investment problem. In the second half of 2023, 7.55% of Operational Technology computers in Africa were exposed to threats via USBs (that is 20 times more than the figure of Western Europe); 7.2% faced threat by worms (that is 28 times more than in Australia & New Zealand); and 9.1% of OT computers were exposed to spyware (that is 7.7 times more than the figure for North America).

Kaspersky Industrial Control Systems Cyber Emergency Response Team (ICS CERT) predictions for 2024 highlight the persistence of ransomware threats, rise of cosmopolitical hacktivism, an outlook on the state of “offensive cybersecurity”, and transformative shifts in logistics and transport threats.

Looking back at 2023 (https://apo-opa.co/3OXrfus), Kaspersky predicted the industrial cybersecurity landscape continuing to evolve, with several key trends emerging. The pursuit of efficiency in IIoT and SmartXXX systems fueled an expanded attack surface, while the surge in energy carrier prices led to heightened hardware costs, prompting a strategic shift towards cloud services. The growing government involvement in industrial processes also introduced fresh risks, including concerns about data leaks due to underqualified employees and insufficient practices for responsible disclosure.

This retrospective analysis lays the groundwork for understanding the cybersecurity landscape faced by industrial enterprises in 2024, such as:

  • Ransomware targeting high-value entities

Ransomware is projected to persist as the primary concern for industrial enterprises in 2024. Large organisations, unique product suppliers, and major logistics companies face increased risks, with potential severe economic and social consequences. Cybercriminals are expected to target entities capable of substantial ransom payments, causing disruptions in production and delivery

  • Cosmopolitical protest hacktivism

Geopolitically motivated hacktivism is forecasted to intensify, presenting more destructive consequences. In addition to country-specific protest movements, the rise of cosmopolitical hacktivism is expected, driven by socio-cultural and macro-economic agendas such as eco-hacktivism. This diversification of motives may contribute to a more complex and challenging threat landscape.

  • Subtler threats and detection challenges

The use of “offensive cybersecurity” for gathering cyberthreat intelligence is anticipated to have controversial consequences. While it may improve corporate security by providing early signs of potential compromises, the thin line between the grey zone and the shadows may be breached. Profit-driven cyber activities, armed with commercial and open-source tools, could operate more discreetly, making detection and investigation challenging.

  • Shifts in threats related to logistics and transport connected to automation and digitisation challenges

The rapid automation and digitisation of logistics and transport are introducing new challenges, intertwining cyber and traditional crimes. This includes theft of vehicles and goods, maritime piracy, and smuggling. Non-targeted cyberattacks may lead to physical consequences, especially in river, sea, truck, and special-purpose vehicles.

“The industrial sector's cybersecurity is continuously going through significant changes, with both new types of attacks and more sophisticated versions of old ones. Ransomware attacks are still a big problem, and hackers are getting better at targeting large, profitable companies with more advanced methods. Hacktivists who are motivated by social issues are also becoming more active, adding another layer of complexity to the threats. The transportation and logistics industry is especially vulnerable to these changes because its systems are becoming more and more digital. This combination of cyber and traditional crime is a serious threat to global supply chains. To protect themselves, organisations need to prioritise cybersecurity and keep improving their defenses,” commented Evgeny Goncharov, head of Kaspersky ICS CERT.

Read the full list of ICS predictions for 2024 at ICS CERT website (https://apo-opa.co/3OYsGZB).

Distributed by APO Group on behalf of Kaspersky.

About Kaspersky:
Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky's deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company's comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help over 220,000 corporate clients protect what matters most to them. Learn more at www.Kaspersky.co.za. 

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26 February 2024

Eskom ‘on the right path’ – Ramokgopa

Location: News

Eskom 'on the right path' - Ramokgopa

Interventions at Eskom power stations have been able to slash load shedding by some 600 hours during the December and January 2023/24 period as compared to the previous year.

A further 3510MW of capacity has been clawed back into the system over the past year as a result of interventions at power stations.

This was revealed by Minister of Electricity in the Presidency, Dr Kgosientsho Ramokgopa, who was updating the nation on Monday on the implementation of the Energy Action Plan.

“Over the period…of January 2023 to January 2024, we have been able to get back 3510MW as a result of interventions. These interventions are not complete. There’s still additional work that we must do at Tutuka [Power Station]. There's additional work that continues to be done at Kendal, Matla and the other power stations.

“If you were to take December of 2022 to February of 2023 and then you take the period of December 2023 to February 2024…the period of the year that was, we have experienced load shedding of about 1800 hours.

“When you see the period a year later…we have had about 1200 hours of load shedding. Essentially, we have been able to reduce the hours of load shedding by about 600 hours. We are going in the right direction,” he said.

Despite improvements, the Minister insisted that load shedding – in any form – remains “unacceptable”.

“We are going in the right direction. Ultimately, we want to go into a situation where I’m able to stand before the public and say we have not experienced any hours of load shedding. Load shedding in its totality is unacceptable.

“But we have come to a situation where it has become a daily occurrence so gradually, we want to reduce that intensity of load shedding.”

The Minister added further that while maintenance of power stations has been ramped up – allowing generating units to work more at intended capacity and for longer – and load shedding intensity has slowed slightly, there will be setbacks like that which occurred over the past few weeks which plunged the country into Stage 4 and 6 load shedding.

“We are going to have temporary setbacks; this was a setback. The team identified what was the root cause. These lessons will then be exported to other power stations so that we don’t suffer similar fates.

“We remain on the right course. The trend line remains positive. We are confident about our ability [and] the intervention on Eskom.

“If you were to add the new generation capacity which is now throttled by the fact that we’ve got challenges on the transmission side, once we resolve those issues, we are on the right course…to deliver on the Energy Action Plan,” he said. – SAnews.gov.za

NeoB
Mon, 02/26/2024 - 12:33

175 views
Read moreEskom ‘on the right path’ – Ramokgopa
26 February 2024

Government activities for the week 26 February to 1 March 2024

Location: News

Government activities for the week 26 February to 1 March 2024

On Monday, 26 February, Deputy President Paul Mashatile will address the 14th Policy Dialogue Forum of the International Task Force on Teachers for Education.

Meanwhile, the Minister in the Presidency responsible for Electricity, Dr Kgosientsho Ramokgops will brief the media on the implementation of the Energy Action Plan.

In addition, the Electoral Commission will brief the media on the state of readiness for the 2024 general elections.

On Tuesday, 27 February, the Department of Justice and Correctional Services hosts a conference the Implementation of Integrated Criminal Justice System programme.

On Wednesday, 28 February, the Department of Justice and Correctional Services’ conference the Implementation of Integrated Criminal Justice System programme continues.

On Friday, 1 March, the Minister of Cooperative Governance and Traditional Affairs (CoGTA), Thembi Nkadimeng, will host the Summit on Ethical Leadership in Local Government, marking the culmination of three years of collaborative efforts within the Local Government Ethical Leadership.  

Neo
Mon, 02/26/2024 - 10:54

142 views
Read moreGovernment activities for the week 26 February to 1 March 2024
26 February 2024

KZN, Transnet Pipelines meet to discuss areas of support

Location: News

KZN, Transnet Pipelines meet to discuss areas of support

The KwaZulu-Natal Provincial Government is committed to supporting the Transnet Pipelines (TPL) in implementing interventions to address the challenges faced by the organisation.

KZN Premier, Nomusa Dube-Ncube, made the commitment during a meeting held with Transnet Pipelines Acting Chief Executive, Sibongiseni Khathi.

The focus of the meeting was to provide the Premier with a comprehensive understanding of TPL's operations, emphasising the strategic significance of the fuel pipeline in safeguarding energy supply.

TPL, an operating division of Transnet SOC Ltd, owns, manages and controls South Africa's network of 3 114 kilometres of high-pressure petroleum and gas pipeline network in South Africa. 
 
The meeting also familiarised the Premier with the upcoming capital projects scheduled for commencement in KwaZulu-Natal, specifically the liquefied natural gas (LNG) terminal in Richards Bay and TM1 Accumulator Tanks in Island View. 

The two projects are poised to make a substantial economic impact in the province.
 
During the engagement, held on Friday, Khathi presented the challenges related to fuel theft from the organisation’s pipelines and encroachments along the pipeline servitude. 

Khathi also underscored the importance of securing necessary licenses and approvals, including Environmental Impact Assessment (EIA) timeously for the upcoming projects. 

“Building strong relationships with the KZN government is fundamental to our commitment to sustainable development and community engagement. The discussions were insightful, and we are excited about the opportunities that lie ahead for collaborative efforts to growing the economy of the region.

“TPL remains dedicated to fostering strong partnerships with key stakeholders, and the engagement with Dube-Ncube marks a significant step towards mutual understanding and cooperation,” Khathi said.
 
The Premier said the collaborative spirit demonstrated during the meeting signifies a shared commitment to the success of TPL's operations and the realisation of the upcoming capital projects.
 
“We have a vested interest in the resolution of these challenges because we appreciate that the province’s economic performance which translates to job creation and addressing unemployment, is determined by how well strategic entities like TPL operate,” Dube Ncube said.

The meeting formed part of several engagements undertaken by the Premier with various stakeholders in different sectors, ahead of the State of the Province Address (SOPA) to take place on 28 February 2024. – SAnews.gov.za

 

GabiK
Mon, 02/26/2024 - 09:52

141 views
Read moreKZN, Transnet Pipelines meet to discuss areas of support
26 February 2024

Maximizing Fitness Goals: A Comprehensive Guide to Supplements

Location: MyPR

Introduction In the realm of fitness and health, supplements play a crucial role in complementing diet and exercise routines. They bridge nutritional gaps, enhance performance, and support overall health goals, making them invaluable for those looking to maximize their physical and wellness outcomes. Bars and Snacks For fitness enthusiasts constantly on the move, protein bars and healthy snacks offer …

Read moreMaximizing Fitness Goals: A Comprehensive Guide to Supplements
26 February 2024

What Problems Does Straton Prepaid Solve?

Location: MyPR

Straton Prepaid primarily caters to individuals who use prepaid electricity and water meters, aiming to solve several problems they might face: 1. Managing prepaid meters: Problem: Difficulty understanding meter readings, managing balances, and topping up credit conveniently. Solution: The website offers information on different types of prepaid meters,their features, and troubleshooting tips. It also provides …

Read moreWhat Problems Does Straton Prepaid Solve?
25 February 2024

The Future of Living: Exploring the World of Smart Homes

Location: MyPR

In the ever-evolving landscape of technology, the concept of the smart home has transitioned from a futuristic idea to a tangible reality for many. With the integration of advanced operating systems, smart lighting, comprehensive home security, unparalleled comfort and convenience, immersive home entertainment, intuitive universal remotes, and innovative intercom solutions, the modern home is becoming a hub …

Read moreThe Future of Living: Exploring the World of Smart Homes
23 February 2024

Infrastructure project funding under the spotlight

Location: News

Infrastructure project funding under the spotlight

Partnership between the private sector and government, as well as its entities, with regard to the funding of infrastructure projects has taken centre stage at a Southern African Development Community (SADC) panel discussion.

The Government Communication and Information System (GCIS), in partnership with the Department of Water and Sanitation, Infrastructure South Africa (ISA), South African National Roads Agency (SANRAL), and the Industrial Development Corporation (IDC), hosted a virtual discussion focusing on infrastructure. 

“The participation of the private sector is key to the delivery of the infrastructure projects, [and] the issue of infrastructure funding is the key if we are to meet the goals set as South Africa and SADC, and the African continent,” Head of Infrastructure South Africa, Mameetsa Masemola, said during the discussion on Friday.

Masemola noted that the National Infrastructural Plan indicates that, just to close the current infrastructure investment gap, South Africa needs something in the region of R5.7 trillion, looking at the priority sectors, including water and sanitation, information and communications technology (ICT), energy, transport, and human settlements. 

Masemola said the fiscus alone will not be able to carry and fund these projects, stressing a need to find mechanisms of bringing in the private sector to participate in the delivery of these infrastructure projects.

Highlighting the partnership between SADC and South Africa, the Water and Sanitation Deputy Director-General responsible for Provincial, Entity Governance and International Cooperation, Lindiwe Lusenga, described the collaborations with SADC in supporting the water projects as “excellent”.

Lusenga said partners are willing to put in the funds while also acknowledging the support the department has received from the institutions, including the Global Environmental Funds, and African Development Bank, who have funded feasibility studies for the Lesotho-Botswana Water Transfer Project. 

“There is [also] an appetite because of the commitment and the manner in which we intricately commit, and the instruments of governance that we have deployed to enable us to manage these projects, like the Lesotho Highlands Water Project (LHWP). At local level, the industry has come on board, particularly organised business like mining forums that has taken up and assisted the department in local projects,” Lusenga said.

While noting challenges when it comes to funding, SANRAL’s Head of Marketing and Communication, Vusi Mona said the entity has a wonderful working relationship with the region, working through the SANRAL platform. 

“We have received a lot of support from the private sector,” Mona said.

Mona also stressed a need to have a matured conversations about how road infrastructure and infrastructure in general is funded.

He also stressed the need to have a serious discussion around the user pay principle, because “we are not going to develop infrastructure without a brazen principle”. 

Infrastructure investment

Infrastructure investment is one of South Africa’s critical drivers of economic growth and it also promotes regional integration in the SADC region.

The investment is also a critical driver of future growth of the South African economy, and the provision of superior quality infrastructure allows an economy to be more efficient, improve productivity, and raise long-term growth and living standards. 

SADC has made significant progress in regional infrastructure development, including reginal transport and communications systems, which are fundamental to cooperation in the SADC region. 

The provision of superior quality infrastructure allows an economy to be more efficient, improves productivity, and raises long-term growth and living standards. – SAnews.gov.za

 

GabiK
Fri, 02/23/2024 - 14:41

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Read moreInfrastructure project funding under the spotlight
23 February 2024

The Vital Role of Pumps Across Industries

Location: MyPR

Introduction Pumps are indispensable across various sectors, providing critical support from agriculture to industrial processes. They facilitate a wide array of functions, including irrigation, waste management, and product handling, ensuring efficiency and reliability. This piece explores the nuanced roles pumps play in agriculture, food processing, and industrial applications, highlighting the technological advancements that enhance their performance. …

Read moreThe Vital Role of Pumps Across Industries
22 February 2024

President hails traditional leaders for flood relief efforts

Location: News

President hails traditional leaders for flood relief efforts

President Cyril Ramaphosa has praised the efforts of uMgogodla kaZulu, a group comprising the spouses of traditional leaders and women traditional leaders, for their commendable work in addressing the challenges posed by the recent floods in KwaZulu-Natal. 

Addressing the annual official opening of the National House of Traditional and Khoi-San Leaders (NHTKL) in Cape Town on Thursday, the President said it was pleasing to note that the institution of traditional and Khoi-San leadership is playing its role in assisting communities.
 
The President told the traditional and Khoi-San leaders that climate change is a growing concern in South Africa. He said the recent flooding, together with other extreme weather events, are a stark reminder that the country cannot be complacent about this grave threat to both lives and livelihoods.

“It is pleasing to note that the institution of traditional and Khoi-San leadership is once again playing its role to assist communities. I specifically wish to commend the work done by the structure of spouses and female traditional leaders, called uMgogodla kaZulu, during the floods that engulfed KwaZulu-Natal. 

“The Ondlunkulu stood up, in partnership with Al-Imdaad, Old Mutual, the Princess Gabo and Kaizer Junior Foundations, and others to help those who were affected by floods. We appreciate this valuable work,” the President said. 

President Ramaphosa said he has been advised that several other provinces have formalised the structures of spouses and women traditional leaders of amaKhosi. 

He implored the House to continue working together with provincial Houses of Traditional and Khoi-San Leaders to ensure that such structures are established and capacitated. 

30 Years of Democracy

In his State of the Nation Address delivered earlier this month, the President reflected on the journey South Africa has traversed over the past 30 years since attaining freedom.

"As a nation, we can also be proud of the journey we have travelled, according to the institution of traditional leadership and the stature it deserves. 

“Today, our Kings are recognised as Kings, as opposed to Paramount Chiefs, a term which colonial and apartheid rule introduced to make it clear that in their minds the real Kings were only those found in Europe. 

“Today, we have a National House of Traditional and Khoi-San Leaders that plays an active and meaningful role in our national life,” the President said. 

President Ramaphosa expressed the wish that more Khoi-San leaders will be brought into the fold and be formally recognised under the Traditional and Khoi-San Leadership Act.

He said that the Commission on Khoi-San Matters has been appointed to receive and assess applications for recognition and make recommendations to the Minister of Cooperative Governance and Traditional Affairs.

While the process is taking longer than was initially envisaged, the President has appealed that the Commission be allowed the space to continue with this complex historical mission that they have been assigned. 

Addressing unemployment

The President told the House that they have a shared responsibility to work together to address the country’s unemployment crisis, particularly among young people. 

He highlighted that the Presidential Youth Employment Intervention, the National Youth Service and the Youth Employment Service are just some of the initiatives government is implementing that are making a difference. 

“I call on this House to play an active role in the ongoing process of recruiting young people into the National Rural Youth Service Corps that is being coordinated by the Department of Agriculture, Land Reform and Rural Development.

“The InvestRural blueprint handed over to me by the former Chairperson of this House, the late iNkosi Mahlangu, is being fused into government programmes. 

“The training of young people by the Department of Agriculture, Land Reform and Rural Development is a practical example of this. Another is the work being done by the Department of Traditional Affairs in partnership with the Department of Mineral Resources and Energy to streamline and integrate Social Labour Plans into industry operations,” he said.

The President further told the House that the Welisizwe Rural Bridges Programme coordinated by the Department of Public Works and Infrastructure is yet another example of positive and meaningful change being brought to rural areas. Just last month he attended the launch of one of these bridges in KwaZulu-Natal. 

“To witness the difference these bridges are making in the lives of rural communities, especially for young learners who need to cross rivers to get to school, is remarkable,” he said. 

Capacity building

The President has emphasised that capacity building is essential if the country is to enhance the role traditional leaders play in development. 

In this regard, he welcomed the partnership between the Department of Traditional Affairs and the National School of Government to provide training on, among others, facilitating socio-economic development for traditional communities.

The programme is aimed at empowering traditional leaders to act as change agents in their communities, and to transfer new knowledge and skills for the activation of sustainable economic interventions in rural areas.

“Our goal is an active rural citizenry, with our traditional leaders at the helm. The issue of transferring communal land to traditional councils is one of great interest to this House.

“As government, we are in the process of finalising the bill on communal land, which will be followed by extensive consultations. 

“I know that this process is taking longer than expected, but democracy requires that we give society a voice in matters that concern them,” he said. 

Initiation

Turning to the challenges facing initiation, President Ramaphosa said that these should be decisively addressed. 

“We cannot continue to have customary initiation being turned into a harmful practice. 

“We need to do all in our powers as government, communities, traditional leaders, the National Initiation Oversight Committee and provincial structures to put to an end to these unnecessary and entirely avoidable deaths and injuries,” he said. 

The President further urged the House to continue to monitor and guide provinces and various local houses on the provisions of the Customary Initiation Act. 

“We must live up to the slogan of 'Mabaye Bephila, Babuye Baphila',” he said. 

Traditional Courts Act

The President told the House that he has assented to the Traditional Courts Act and will soon be proclaiming the date on which it comes into effect. 

In the meantime, he said, the Department of Justice and Constitutional Development and the Department of Traditional Affairs have started with some of the preparatory work that will facilitate implementation. 

This includes visiting some of the traditional councils to further discuss their approaches to alternative dispute resolution and the resources they deploy in this regard. The President added that this is a matter on which they have finally made good progress. 

On concerns expressed by the House with regards to involving traditional leadership more in the work of the Inter-Ministerial task Team, President Ramaphosa said that he, along with the Deputy President, is seized with the matter of ensuring that members of this House are invited to workstream meetings and are able to participate more fully.  

Exercise your right to vote

The President said on 29 May, South Africans will be going to the polls to vote in the seventh democratic elections for national and provincial government.

As the country prepares for this historic occasion, President Ramaphosa has once again urged traditional leaders to continue to encourage all eligible voters to register and participate in these elections. 

“As we have done before, we call on traditional leaders to actively promote free and fair campaigning, and to ensure that all voters can exercise their democratic right.

“May you remain with the spirit of our forebears, who never retreated when challenges were facing them. Working side by side, we will move forward,” he said. – SAnews.gov.za

DikelediM
Thu, 02/22/2024 - 14:04

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Read morePresident hails traditional leaders for flood relief efforts
22 February 2024

Challenges can be overcome by working together – Enoch Godongwana

Location: News

Challenges can be overcome by working together - Enoch Godongwana

Minister of Finance Enoch Godongwana has called on South Africans – both citizens and private business – to work together with government to resolve the challenges the country faces.

The Minister was speaking during a post-Budget Speech discussion held in Cape Town on Thursday morning.

In his Budget Speech on Wednesday, Godongwana highlighted electricity and logistics challenges as two of the key issues facing the economy.

“We need to work together to address these challenges. For instance, there are a number of business people who have come forward, business associations that have come forward and bringing in talent to work with government in what is called NECOM [National Energy Crisis Committee] to address the electricity challenges.

“Building on that template, business has come forward, working with government, and developed what is called now the [Freight] Logistics Roadmap. We need, as South Africans and even as government, not to be arrogant and accept solutions from different people across the board,” he said.

Godongwana said on crime, government has brought in business “to work with us on how we can deal with crime”.

In a frank discussion regarding the country’s challenges, the Minister said government takes responsibility for some issues.

“We have got challenges. The government has got to take the responsibility for some of these challenges. I can’t say I’m happy with the fact that we’ve not been able to deal with the electricity challenge for 16 years. It is a fundamental flaw…which has cost the economy substantially,” he said.

On the question of why National Treasury left most taxes – barring sin taxes and carbon tax – unchanged, the Minister said solutions to broadening revenue lie elsewhere.

“Our tax strategy is to broaden the base than increasing taxes. If you…compare us to our peers, tax to GDP, we are not comparing favourably. So…we should not be working hard to say how much should we tax people more; we should be saying how do we broaden that tax base.

“There are a number of ways of doing it and first, fundamentally, is to grow the economy but we can only grow the economy if we bring all of our solutions and I think we can do it working together,” he said. – SAnews.gov.za

 

NeoB
Thu, 02/22/2024 - 11:37

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Read moreChallenges can be overcome by working together – Enoch Godongwana
22 February 2024

Shack dwellers hope for subsidised solar power

Location: News

The City of Cape Town is considering partnering with alternative energy providers for informal settlements

Read moreShack dwellers hope for subsidised solar power
21 February 2024

Economic growth to stay low over the next three years

Location: News

Economic growth to stay low over the next three years

South Africa’s economy is expected to grow at some 1.6% over the next three years, with real Gross Domestic Product (GDP) reaching 0.6% in 2023.

“Despite the improved global outlook for 2024, South Africa’s near-term growth remains hamstrung by lower commodity prices and structural constraints. We estimate real GDP growth of 0.6% in 2023. This is [revised] down from 0.8% growth estimated during the 2023 MTBPS [Medium Term Budget Policy Statement].

“The revision is due to weaker-than-expected outcomes in the third quarter of 2023, particularly in household consumption and fixed investment,” said Finance Minister Enoch Godongwana, who delivered the Budget Speech at the Cape Town City Hall on Wednesday.

Godongwana said despite this, between 2024 and 2026, growth is projected to average 1.6%.

“The growth outlook is supported by the expected easing of power cuts as new energy projects begin production, and as lower inflation supports household consumption and credit extension. 

“But, there are also risks to the domestic outlook. These include persistent constraints in electricity supply, freight rail and ports, and a high sovereign credit risk. Our challenge… is that the size of the pie is not growing fast enough to meet our developmental needs,” he said.

National Treasury’s 2024  Budget Review explained that load shedding and challenges in freight rail and the ports “continue to disrupt economic activity and limit the country’s export potential”.

“Comprehensive reforms are underway in these sectors, although it will take time to see a recovery in growth. Household consumption is under pressure from high living costs, and investment remains low due to weak confidence and challenging business conditions linked to structural constraints.

“To turn the tide and raise economic growth sustainably, government is prioritising energy and logistics reforms, along with measures to arrest the decline in state capacity.

“Successful efforts to improve the fiscal position, complete structural reforms and bolster the capacity of the State will, in combination, reduce borrowing costs, raise confidence, increase investment and employment, and accelerate economic growth,” National Treasury said.

The department said as reforms begin to bear fruit, GDP will be on the rise.

“[This] as the frequency of power cuts declines, lower inflation supports household consumption, and employment and credit extension recover gradually. New energy projects will improve fixed investment and business sentiment.

“To accelerate GDP growth after an extended period of weak economic performance, South Africa needs large‐scale private investment. Government is working to improve the fiscal position, complete structural reforms and bolster the capacity of the State to reduce borrowing costs, raise confidence, increase investment and put the economy on a higher, job‐creating growth path,” Treasury said.

Meanwhile, global growth is forecast higher at some 3.1% for 2024 and 3.2% for 2025.

“The moderate improvement is due to better‐than‐expected growth in the second half of 2023, particularly in the United States and several large emerging market economies, as well as fiscal support for disaster relief in China.

“Robust US economic growth has partially offset weaker‐than‐expected outcomes in the Euro area, which, nevertheless, is expected to recover gradually. Commodity prices are expected to continue to decline in 2024 and 2025,” Treasury said. – SAnews.gov.za

NeoB
Wed, 02/21/2024 - 14:13

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Read moreEconomic growth to stay low over the next three years
21 February 2024

Government raises US$3.3 billion to support climate change initiatives

Location: News

Government raises US$3.3 billion to support climate change initiatives

Government has raised US$3.3 billion so far from Multilateral Development Banks and International Finance Institutions to support climate change, energy, and just transition objectives. 

Delivering the 2024 National Budget Speech, Finance Minister Enoch Godongwana said National Treasury plays a crucial role in mobilising resources, designing incentives, and influencing policy to mainstream climate change. 

“As climate-related disasters intensify, a multi-layered risk-based approach is being developed to manage the associated fiscal risks.  This considers various funding instruments from grants to contingency funds, including the Climate Change Response Fund, depending on the incidence and intensity of the disaster event. 

“The National Treasury is reviewing disaster response grants to improve efficiency and create incentives for disaster planning, preparedness and risk reduction. It is also developing a climate-budget tagging framework to influence policy, planning, and budget decisions, by tracking climate-related expenditures in public budgets,” the Minister said on Wednesday in Parliament.

He said the support of concessional funding providers, such as Multilateral Development Banks, is going a long way to support the country’s climate adaptation, mitigation, energy transition, and sustainability initiatives. 

“Crowding-in the private sector is necessary to managing the climate disaster funds. We are actively participating in climate negotiations, aligning with the government's advocacy for reforming multilateral finance institutions. 

“We are also working with eight municipalities to adapt and mitigate the effects of climate and weather-related events, by providing technical assistance for climate-responsive capital projects,” the Minister said.

According to the 2024 National Treasury Budget Review, the department is finalising a disaster risk financing strategy, centred on innovative financing and risk transfer to effectively mitigate climate impacts.

The strategy will boost state capacity to fund disaster recovery efforts and expand insurance mechanisms to protect against the financial strain of natural disasters.

“Recent years have seen a significant increase in extreme weather events and economic losses amid mounting concern over the effects of climate change. Between 1980 and 2021, 86 notable weather-related disasters have been recorded, affecting more than 22 million people and causing economic losses of about R113 billion.

“The 2017 Knysna wildfires, Cape Town (2015–2018) and Eastern Cape (2015–2020) droughts and KwaZulu-Natal floods in 2022 have heavily affected agriculture and tourism, with negative implications for government spending and revenue.

“These events exacerbate economic inequality, particularly in poor communities that are highly exposed to droughts, floods and wildfires and their consequences,” the document said.

Government incentivises electric vehicles producers

In an effort to encourage the production of electric vehicles in South Africa, government will introduce an investment allowance for new investments, beginning 1 March 2026. 

This will allow producers to claim 150% of qualifying investment spending on electric and hydrogen-powered vehicles in the first year. 

“The incentive will be implemented in addition to the existing support under the Automotive Production Development Programme. Government has also reprioritised R964 million over the medium term to support the transition to electric vehicles,” the Minister said.

The Electric Vehicles White Paper outlines government’s strategy to transition towards a broader new energy vehicle production and consumption in South Africa, starting with electric vehicles. 

It aims to transition the automotive industry from primarily producing internal combustion engine vehicles to a dual platform that includes electric vehicles, by 2035. – SAnews.gov.za

 

nosihle
Wed, 02/21/2024 - 14:14

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Read moreGovernment raises US$3.3 billion to support climate change initiatives
21 February 2024

Load shedding, logistics hamper growth

Location: News

Load shedding, logistics hamper growth

Finance Minister Enoch Godongwana says although structural reforms have made “good progress”, load shedding and freight rail challenges remain an obstacle.

He was speaking during the Budget Speech held at the Cape Town City Hall on Wednesday.

“We have embarked on a broad structural reform agenda that aims to address the challenges that have held back our growth.

“This agenda has included areas like electricity, logistics, water, telecommunications and visa reforms. The Budget Review details the good progress that has been made in these areas over the past few years. But, obstacles remain and let me focus on the two largest of these,” Godongwana said.

Godongwana said the rolling power cuts “disrupt production, operations and livelihoods”.

“Reforming the sector will result in long-term energy security. We took the necessary decisions in the past five years and these are bearing fruit. 

“To promote further investments in renewable energy, this budget proposes an increase in the limit for renewable energy projects that can qualify for the carbon offsets regime, from 15 megawatts to 30 megawatts,” he said.

He revealed that in the coming week, the report on the independent review of Eskom’s coal-fired power stations will be released.

“The review was done to inform part of the conditions attached to the debt relief plan. The recommendations will feed into Eskom’s corporate plans to bolster accountability and oversight.

“It is through the combination of private investment in new energy projects, rooftop solar installations and improvements in Eskom’s generation fleet that load shedding will reduce, and reliability and security of supply improve,” he said.

READ | Ramokgopa sets sights on accelerated transmission line expansion

Turning to South Africa’s logistics challenges, the Minister revealed that third-party access to the freight rail network will be introduced by May 2024.

“In ports, a private partner has been secured to upgrade Pier 2 of the Durban Container Terminal. This should increase private investment in equipment, enhance technological capability and improve operational efficiency.

“Government has provided Transnet with a R47 billion guarantee facility to support the entity’s recovery plan and meet its immediate debt obligations.

“Like Eskom, the guarantee comes with conditions. These conditions require Transnet to focus on its core activities, and for the entity to introduce private sector partnerships. This will improve Transnet’s sustainability and support the implementation of the Freight Logistics Roadmap,” Godongwana said. – SAnews.gov.za

NeoB
Wed, 02/21/2024 - 14:17

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Read moreLoad shedding, logistics hamper growth
21 February 2024

Hope is on the horizon despite South Africa’s economic challenges

Location: MyPR

Hope is on the horizon despite South Africa’s economic challenges The nation’s eyes and ears will be focused on Cape Town today as Finance Minister Enoch Godongwana presents the 2024 National Budget. It is no secret that South Africa faces a challenging economic climate where austerity is the phrase most commonly used during the Budget. …

Read moreHope is on the horizon despite South Africa’s economic challenges
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