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You are here: Home / Archives for Energy

Energy

10 August 2023

Zeitz Mocaa Announces A Novel Season Of Exhibitions, A Symposium And Publication This August

Location: MyPR

Public opening of Past Disquiet, guest curated by curator-writers Kristine Khouri and Rasha Salti Public opening of Seismography of Struggle: Towards a Global History of Critical and Cultural Journals, guest curated by art historian Zahia Rahmani Symposium titled The Poetics and Politics of Archival Practice Launch of Zeitz MOCAA’s latest publication, Radical Solidarity: A Reader …

Read moreZeitz Mocaa Announces A Novel Season Of Exhibitions, A Symposium And Publication This August
10 August 2023

Tourism sector shows signs of recovery

Location: News

Tourism sector shows signs of recovery

Cabinet has commended recent statistics which show that the tourism sector is slowly but surely recovering from the devastating effects of the COVID-19 pandemic.

According to June 2023 data from Statistics South Africa (Stats SA), the volume of arrivals, departures and travellers in transit increased for both South African residents and foreign travellers between June 2022 and June 2023.

For South African residents, the volume of arrivals increased by 265 364 in June 2022 to 316 628 in June 2023 (19.3%). Departures increased by 330 327 in June 2022 to 384 972 in June 2023 (16.5%). Transits increased from 305 in June 2022 to 389 in June 2023 (27.5%).

For foreign travellers, arrivals increased from 581 375 in June 2022 to 851 647 in June 2023 (46.5%). Departures increased by 44.3% from 503 997 in June 2022 to 727 207 in June 2023 (44.3%). Transits increased from 24 624 in June 2022 to 30 730 in June 2023 (24.8%).

At a media briefing on the outcomes of Tuesday’s Cabinet meeting, Minister in The Presidency, Khumbudzo Ntshavheni, said Cabinet also welcomed Stats SA’s report of a drop in consumer inflation from 6.3% in May to 5.4% in June 2023, which is the largest decline since May 2020.

“This drop shows the resilience of our economy, which has been further buoyed by the South Africa Reserve Bank’s decision to leave the repo rate unchanged at 8.25%," she said on Thursday.

National Development Plan (NDP) Ten-Year Review

In addition, Cabinet welcomed the Ten-Year Review of the National Development Plan (NDP) by the National Planning Commission, which shows that the economy remains structured in a manner that does not serve the interests of all South Africans, which is a major reason behind increasing levels of poverty and inequality.

“Government remains committed to restructuring and transforming the economy to serve the interests of all South Africans,” Ntshavheni said.

Meanwhile, 25 July marked the first anniversary since President Ramaphosa announced the Energy Action Plan.

“Cabinet welcomed the progress made to date to implement the Energy Action Plan, which continues to register an improvement in the Energy Availability Factor and improvement in the stages of load shedding,” the Minister said.

Financial Inclusion Policy

Cabinet has approved the Financial Inclusion Policy for implementation.

The policy forms part of government’s reforms of the financial sector regulations, in line with the Twin Peaks model of National Treasury.

“The policy, amongst others, aims to ensure better market conduct and the treatment of customers in the financial sector. The purpose is to ensure that financial institutions conduct business in ways that are fair to customers, prevent practices that undermine the integrity of financial markets, and build confidence in the financial system.

“The implementation of the policy will ensure that the country strengthens its financial systems to support economic growth and promote access to financial services and financial inclusion for all citizens. It is an acknowledgment that while levels of access have improved in transactional accounts, this has not reflected across many other financial products and services,” the Minister said.

The policy is available on the National Treasury website: www.treasury.gov.za

Cabinet also approved the submission of the draft Amendment Bill to Parliament, which amends the Regulation of Communications and Provision of Communication-related Information Act (RICA), 2002 (Act 70 of 2002).

“The amendments are largely to provide adequate safeguards to protect the right to privacy, as buttressed by the rights of access to courts, freedom of expression of the media and legal privilege in line with the 2021 Constitutional Court judgement that found the RICA of 2002 to be unconstitutional,” Ntshavheni said. – SAnews.gov.za

nosihle
Thu, 08/10/2023 - 12:03

Read moreTourism sector shows signs of recovery
10 August 2023

Government launches loan to invest in solar equipment

Location: News

Government launches loan to invest in solar equipment

The National Treasury has launched the Energy Bounce Back Loan Guarantee Scheme (EBB) - an initiative aimed at alleviating the impact of continuing difficulties resulting from unreliable power supply for small businesses and households. 

This follows President Cyril Ramaphosa’s commitment in his 2023 State of the Nation Address to adjust the bounce-back loan scheme (BBS) to enable small businesses to invest in solar equipment. Minister of Finance Enoch Godongwana has provided detail on the adjustment of the Bounce-Back Loan Scheme.

“The EBB aims to generate 1000MW in additional generation capacity as well as facilitate resilience to loadshedding for micro and informal businesses. Resilience measures include power storage assets without generating capacity, like batteries and inverters. The EBB is a complementary intervention to the tax measures announced in the 2023 Budget Speech. Applicants may therefore apply for both tax and EBB measures,” the National Treasury said on Tuesday.

Pricing of the loans will be capped at the repo rate (at the commencement of the loan) plus a maximum of 6%.

Households and Small and Medium Enterprises (SME’s) will have the option of approaching any participating bank. Participating banks, Development Finance Institutions and non-bank SME finance providers will compete subject to the product terms, conditions, and pricing cap. The EBB will be available until 30 August 2024.

To facilitate investments, government will, through a government guarantee administered by the South African Reserve Bank, assume the initial losses (20%) with finance providers assuming the risk for remaining losses for SME’s and households’ rooftop photovoltaic solar investments (rooftop solar). The EBB will operate through three mechanisms.

The loan guarantee for rooftop solar for SMEs and households’ investment facilitates loans to SMEs and households for investments related to rooftop solar generated energy.

This investment includes solar panels, batteries, inverters, and other installation related costs.

Loan guarantee for rooftop solar for Energy Service Companies (ESCOs) facilitates loans to ESCOs who provide leasing, instalment sale, and power purchase contracts to SMEs and households.

“This mechanism will allow businesses and households to switch to ESCO service providers for more reliable and cleaner energy without the need for loans to finance the full upfront costs of rooftop solar equipment themselves.

Support from the EBB, which will be provided to the ESCOs to enable them to scale up and expand leasing services to households and small businesses, will require ESCOs to assess the individual need of households or businesses, the implementation of a suitable solution, and the conclusion of a leasing, instalment sale, and power purchase contract between the ESCO and applicant,” National Treasury said.

Working capital loans for businesses in rooftop solar supply chain will facilitate working capital loans for those businesses that supply rooftop solar to meet increased demand.

“This mechanism will increase the supply of rooftop solar solutions allowing businesses to source rooftop solar equipment with minimum delays.

“An additional mechanism will be concluded with the Industrial Development Corporation (IDC) to facilitate new ESCO entrants, as well as scale up existing ESCO’s through a mezzanine finance instrument.

“The IDC and National Treasury will provide details of this instrument once concluded. Participation in the EBB will be facilitated through commercial banks on an opt-in basis. Non-bank finance providers, including wholesale retailers who provide lending products to SMEs for EBB eligible related loans, can access the scheme through participating commercial banks,” National Treasury said.   

Participation through commercial banks will be subject to basic requirements, such as tax compliance and adherence to other legal and regulatory requirements.

Any business borrowing under the EBB will be expected to meet the participating bank’s specific requirements, be registered with the Companies and Intellectual Property Commission or be registered for Value Added Tax in terms of the Value Added Tax Act, 89 of 1991 with the South African Revenue Service.

Eligible businesses must have a maximum turnover of R300 million. DFI’s and non-bank lenders, which include wholesale retailers offering credit products servicing informal traders, can also access the scheme through a commercial bank up to a maximum of R300 million per entity.

The maximum amount a business can borrow is R10 million. Businesses can also borrow a maximum of R30 000 through the scheme, for resilience measures.

This is to enable access for micro, informal businesses that may require portable batteries or similar equipment to these assets.

For households, a maximum loan amount, for the purchasing of rooftop solar, will be R300 000 per household.

For the leasing mechanism, prospective customers would also need to comply with the requirements set out by participating banks and the ESCO providing the leasing service.

Businesses in the rooftop solar supply chain, those importing batteries, investors and panels will be able to borrow up to R100 million for working capital to ensure that wait times are reduced. Installers can borrow a maximum of R100 million. – SAnews.gov.za

nosihle
Thu, 08/10/2023 - 09:51

Read moreGovernment launches loan to invest in solar equipment
10 August 2023

Van Zyl, Sosibo crowned 2023 Totalsports Women’s Race Champions in Joburg and Durban!

Location: MyPR

The streets of Johannesburg and Durban resembled a ‘sea of pink’ on Wednesday 09 August 2023 with runners and walkers coming out in their masses to participate in the iconic Totalsports Women’s Race, South Africa’s largest Women’s Day celebration. Irvette Van Zyl was the athlete to beat in Johannesburg, while Cacisile Sosibo showed the ladies …

Read moreVan Zyl, Sosibo crowned 2023 Totalsports Women’s Race Champions in Joburg and Durban!
10 August 2023

Monster Clutch Round 4 Winners Announced – Final Voting Has Begun

Location: MyPR

The Finalists in the Zigzag Clutch Fueled By Monster Energy are: Luke Thompson Davey Van Zyl, James Ribbink and Luke Slijpen. You can find their entries and vote for them here The Judges have just decided on their Round 4 winners and this is how it went down. First up was the Public Vote. This …

Read moreMonster Clutch Round 4 Winners Announced – Final Voting Has Begun
9 August 2023

Government committed to advancing the lives of women

Location: News

Government committed to advancing the lives of women

President Cyril Ramaphosa has used his address at the Women’s Day event to encourage all sectors of society to advance and improve the lives of the women and girls of South Africa.

“We must mobilise all of society to support the women of our country on their road to empowerment and the improvement of their lives. As government, we are irrevocably committed to continuing the process of advancing and improving the lives of the women and girls of South Africa,” the President said on Wednesday in Pretoria.

He was addressing the commemoration of Women’s Day, which is being celebrated under the theme, ‘Accelerating Socio-Economic Opportunities for Women’s Empowerment’.

This theme highlights the need to ensure that all women have access to participate equally in all areas of human endeavour.

“We call upon other key role players who control resources and can open opportunities for women to do so. Business is well placed to play a key role in this process of helping to improve the lives of the women of South Africa,” Ramaphosa said.

The President outlined a number of areas that government and the private sector can address to advance and improve the lives of women.

He emphasised the importance of increasing the representation of women in all structures of society.

“Women must be well represented in key positions in government, in management, in the judiciary. The representation of women in decision-making structures continues to improve.

“In Cabinet, half of the Ministers are women. In Parliament, in the judiciary, in the public service, in the armed forces, in the police and in many local councils, we are getting closer to gender parity,” Ramaphosa said.

Acknowledging these gains, he said more needs to be done to achieve a society of true gender equality.

“There must be policies and laws that focus and advance the lives of women. Our laws and policies must have a bias towards improving the lives of women.

“Since the advent of democracy in 1994, we have put policies and laws in place to empower women, improve their lives and advance gender equality,” the President said.

While he called for the prioritisation of the advancement in education, he noted some achievements in that area.

This, as more female learners sit for matric than males. Female learners are achieving more Bachelor’s passes.

In addition, young women make up the majority of students enrolled in higher education institutions.

The President expressed concern on girls dropping out of school, often due to domestic responsibilities.

“As a society and as families and as a nation we must ensure that our girls stay at school and finish school. Women’s health outcomes continue to improve as a result of progressive policies around reproductive health, antenatal care, HIV/Aids and other communicable diseases.

“Even though women’s health outcomes have improved by a number of indicators, women still carry the largest share of the burden of HIV and are more vulnerable to sexually transmitted diseases.

“Despite our laws, women and girls in many parts of the country still struggle to access reproductive health services,” the President said.

Equal representation in the economy

He called for the participation of women in the country’s economy to be improved.

“Our economy remains dominated by men. More women are unemployed than men. Women are more likely to work part-time, unskilled and semi-skilled jobs and for lower pay. Women are disproportionately responsible for unpaid care work.

“As a result of all these factors, women are more vulnerable to poverty, food insecurity and hunger. Even today, nearly three decades after the dawn of democracy, the face of poverty is a black women.

“The emancipation of women therefore cannot be achieved without economic empowerment. Women must also be breadwinners. They must have equal job opportunities and equal pay. They must be able to start, own and manage businesses,” the President said.

He said women need to have the financial security and independence to have control over their lives.

“We are determined to make the most of available resources to make a difference in the lives of young women, women with disabilities, rural women and LGBTQI+ women. We are making a difference in the lives of women in Small, Medium and Micro enterprises (SMMEs), in cooperatives and in the informal sector,” the President said.

Among other things, government is supporting women’s economic empowerment through public procurement.

Government has made a commitment to allocate at least 40% of public procurement to women-owned businesses.

“While government departments are working in earnest to award more contracts to women-owned businesses, we need to do much more. As things stand, less than a third of the companies listed on the government’s central supplier database are women-owned.

“We have trained more than 6,000 women entrepreneurs to take part in public procurement opportunities. The success of this programme has convinced us of the need to train many more entrepreneurs in their thousands.

“The African Continental Free Trade Area will give women-owned businesses in South Africa and across the continent access to new markets and opportunities. We are working with partners on opportunities for women’s employment and entrepreneurship in agriculture, manufacturing, technology, the oceans economy and others,” the President said.

He also mentioned that the green economy presents immense potential for women’s entrepreneurship and empowerment, especially in renewable energy.

“In a number of cities and towns there are many women who are established as green entrepreneurs working in recycling, in greening, in climate-smart agriculture and a number of other avenues.

We call on the business community to support women’s economic empowerment by partnering with small businesses as part of their green economy plans. There is also immense opportunity for young women in public employment initiatives,” the President said.

Presidential Employment Stimulus

Since it was established in 2020, the Presidential Employment Stimulus has provided work and livelihood opportunities to more than 1.2 million people. Of the participants in the programme, more than 60% are women.

The President has reiterated that the just transition to a low-carbon, climate resilient society protects the interests of women, as it does for all those affected, and that it offers opportunities for women workers and women-owned businesses.

Government is supporting women-owned businesses to expand and diversify. We are specifically increasing our support for women-owned SMMEs through the National Empowerment Fund, the Small Enterprise Finance Agency and others.

“Working with the financial services sector, we are looking to close the gender gap so that women can access banking services and credit for their businesses.

“As a country, we have the right policies and programmes in place. Led by the women of our country, we continue to develop policies that will advance their interests.

What we need now is to intensify the collective efforts of all social partners, including business, to do more to financially empower women,” the President said. – SAnews.gov.za

 

 

nosihle
Wed, 08/09/2023 - 14:57

Read moreGovernment committed to advancing the lives of women
9 August 2023

Lack of mining jobs spurs protest in Kagiso

Location: News

Pan African Resources says it will not give in to the “equivalent of a construction mafia”

Read moreLack of mining jobs spurs protest in Kagiso
8 August 2023

Enhance Your Living Spaces with a Wide Range of Indoor and Outdoor Lighting Solutions

Location: MyPR

When it comes to creating the perfect ambiance in your living spaces, lighting plays a crucial role. Whether you’re looking to brighten up your home interiors or add a touch of charm to your outdoor areas, the right lighting solutions can make all the difference. Let’s explore the world of indoor and outdoor lighting, including …

Read moreEnhance Your Living Spaces with a Wide Range of Indoor and Outdoor Lighting Solutions
8 August 2023

Transforming Spaces: Elevate Your Experience with Automated Light & Shading Control

Location: MyPR

Residential Elegance and Efficiency   Discover the magic of automated light and shading control systems that seamlessly enhance your lifestyle and bring comfort and convenience to your home. Whether it’s your home theatre, home office, patio, kitchen, family room, or your entire home, these systems offer customizable solutions to cater to your needs. These smart …

Read moreTransforming Spaces: Elevate Your Experience with Automated Light & Shading Control
8 August 2023

Who Manages the Waste in South Africa?

Location: MyPR

Introduction Waste management is a critical issue in South Africa, as it is in many countries around the world. Effective waste management is essential not only for public health but also for preserving the environment for future generations. This article aims to explore the various entities responsible for managing waste in South Africa, shedding light …

Read moreWho Manages the Waste in South Africa?
8 August 2023

dtic to host 8th the SA-China Joint Economic and Trade Committee

Location: News

dtic to host 8th the SA-China Joint Economic and Trade Committee

The Department of Trade, Industry and Competition (the dtic) will host the 8th session of the South Africa - China Joint Economic and Trade Committee on Wednesday and Thursday.

The two-day meeting will be led by the Minister of Trade, Industry and Competition, Ebrahim Patel and China’s Minister of Commerce, Wang Wentao. 

Issues to be discussed include investments on both ends, market access in the two countries, cooperation on new energy projects and cooperation in multilateral platforms.

The first day is a closed meeting between senior government officials from both South Africa and China.

On the second day, both Ministers will make remarks and hold a signing ceremony of purchasing agreements. 

The signing ceremony will be preceded by business-to-business and match-making between Chinese buyers and South African exporters. – SAnews.gov.za

Edwin
Tue, 08/08/2023 - 12:16

Read moredtic to host 8th the SA-China Joint Economic and Trade Committee
7 August 2023

Illuminating the Divide: Contrasting Solar Power for Apartments and Houses

Location: MyPR

Introduction: As the world embraces sustainable and renewable energy solutions, solar power has emerged as a game-changer in the quest for clean electricity. With solar panels becoming more accessible and cost-effective, many homeowners and apartment dwellers are exploring the benefits of harnessing the sun’s energy. However, there are distinct differences between implementing solar power on …

Read moreIlluminating the Divide: Contrasting Solar Power for Apartments and Houses
7 August 2023

What Does a Smart Home Carry out?

Location: MyPR

In the era of digital transformation, the concept of a smart home is no longer a futuristic idea but a reality. A smart home connects various devices and systems to work in unison, delivering an intelligent living experience that makes life more convenient, safe, and enjoyable. But what exactly does a smart home do? Let’s …

Read moreWhat Does a Smart Home Carry out?
6 August 2023

Gear Up for the Rugby World Cup 2023 with PGifts

Location: MyPR

In the world of corporate gifting, standing out from the crowd is paramount. One way to achieve this is by aligning your brand with the passion and energy of sports. And when it comes to sports that evoke camaraderie, determination, and a fighting spirit, rugby stands tall. This is where rugby corporate gifts come into …

Read moreGear Up for the Rugby World Cup 2023 with PGifts
6 August 2023

Minister reflects on Energy Action Location implementation

Location: News

Minister reflects on Energy Action Plan implementation

Minister in the Presidency responsible for Electricity, Dr Kgosientsho Ramokgopa, says at least half of the actions set out in the Energy Action Plan (EAP) are either completed or on track.

He was briefing the media on the progress made on the one year implementation of the Energy Action Plan on Sunday.

The EAP was introduced by President Cyril Ramaphosa in July last year and thrashes out work that must be done by both Eskom and government to ensure that load shedding is reduced and eventually eradicated and to ensure energy security for the country in the future.

“About 56% of the work we are doing is either completed or on track. About eight of these actions that the President has set out in the Energy Action Plan we have completed. Twenty of these actions are on track so essentially what that means is that we are in keeping with the timelines that we had set for ourselves.

“Twelve of these actions are delayed but progressing well. Of course that is a dent because what we want to is to be either ahead of time or on time. Eight of those are off-track and intervention is on the way…so we are missing our own targets that we set ourselves,” he said.

All of the actions that government is undertaking are underpinned by five interventions, namely:

  • Fix Eskom and improve the availability of existing supply
  • Enable and accelerate private investment in generation capacity
  • Accelerate procurement of new capacity from renewables, gas and battery storage
  • Unleash businesses and households to invest in rooftop solar
  • Fundamentally transform the electricity sector to achieve long-term energy security

According to Ramokgopa, actions that government has taken include:

  • Sourcing additional capacity neighbouring countries. Some 100MW has already been sourced from Mozambique with an additional 600MW on the way.
  • Addressing outages breakdowns at Eskom power stations. The amount of breakdowns has decreased from some 17000MW in May to some 15000MW average in the last week.
  • Delays in returning broken down units to service have come down from 2000MW to 1300MW during the past week.
  • Private investment in capacity generation has increased following the removal of the threshold.
  • Government is procuring renewable energy through the Independent Power Producers. Currently there is a 66GW of projects in the pipeline.

The Minister said although these interventions are contributing greatly to the reduction of load shedding, South Africans must also contribute by taking actions to reduce demand on the grid.

South Africans can contribute by switching off non-essential appliances, switching off geysers and pool pumps during peak periods and also switching off plugs and lights when not in use.

“Demand management is the fastest and most efficient way to reduce demand particularly during peak hours. There are a few things that we can do and the aggregate of those things is going to lessen the intensity of the demand. It’s quicker because we don’t have to spend money, we don’t have to have new generation capacity [and] we don’t have to improve the energy availability factor.

“It has to do with our own behaviours and how we treat consumption in our own homes. It does not mean we need to deteriorate our quality of life. We can achieve both. Just by switching off lights [you are not using], you are switching on the South African economy.

“By reducing the amount of electricity that we use through simple actions, we can reduce load shedding while saving on energy bills,” he said. – SAnews.gov.za

NeoB
Sun, 08/06/2023 - 11:57

Read moreMinister reflects on Energy Action Location implementation
5 August 2023

Leaders of African Peace Initiative makes pace 

Location: News

Leaders of African Peace Initiative makes progress 

The Leaders of the African Peace Initiative have recognised progress achieved since the proposals discussed with Russian President Vladimir Putin at their first meeting on 17 June 2023 in St. Petersburg. 

The leaders made proposals on humanitarian issues, in particular, related to the rights of children in areas of armed activities and prisoner exchanges between Russia and Ukraine, and agreed that humanitarian efforts would continue to bring further results.

The seven African leaders issued a joint Statement on Thursday following the engagement between them and the President of the Russian Federation on 28 July in St. Petersburg, in the Russian Federation.

At that engagement last week, the leaders continued their discussion on the African Peace Initiative, which they started on 17 June 2023.

“The Leaders recognised progress achieved since then on proposals they discussed at the first meeting on 17 June 2023 on humanitarian issues, in particular, related to the rights of children in areas of armed activities and prisoner exchanges between Russia and Ukraine, and agreed that humanitarian efforts would continue to bring further results.

“The Leaders called for specific steps to remove obstacles to Russian grain and fertilizer exports, thus allowing the resumption of the full implementation of the Black Sea package initiative of the United Nations Secretary-General as endorsed on 22 July 2022 in Istanbul,” the statement read. 

The leaders further called upon the United Nations to take necessary action in order to release 200 000 tons of Russian fertilizer blocked in European Union seaports for immediate and free delivery to African countries.

The leaders have agreed to continue their dialogue on the African Peace Initiative so that a door to peace can be opened. 

African Leaders attending the meeting on 28 July 2023 were:

- President Azali Assoumani of the Comoros in his capacity as Chair of the African Union;
- President Cyril Ramaphosa of the Republic of South Africa;
- President Denis Sassou Nguesso of the Republic of the Congo;
- President Abdel Fattah-el Sisi of the Arab Republic of Egypt;
- President Macky Sall of the Republic of Senegal;
- President Yoweri  Museveni of the Republic of Uganda;
- Foreign Minister of Zambia, Stanley  Kakubo.

Advancing SA's international interests 

President Cyril Ramaphosa has welcomed the 2nd Russia-Africa Summit Declaration that included cooperation in a number of strategic areas, including Science and Technology, Energy, Trade and Investments, and Defense and Security Cooperation. 

This after he concluded a successful working visit to the Russian Federation where, together with Leaders of African countries, a clear call for tangible and mutually beneficial and effective cooperation between Russia and the countries of the African Continent was made, during the summit which took place in the country's cultural capital, St. Petersburg.

President Ramaphosa highlighted the importance of a monitoring and evaluation mechanism that will assess the level and pace of implementation of the Summit commitments. 

He concluded his working visit to Russia with a meeting at the Konstantinovsky Palace where the two Presidents discussed South Africa and Russia’s bilateral relationship, which is built on strategic partnerships in several areas of cooperation, including energy, industry, and agriculture. 

“The discussions further sought to strengthen the two countries’ cooperation in the areas of education, science and technology, with a particular focus on space and satellite technology development,” Magwenya said.

Telephone call with Canadian Prime Minister Justin Trudeau

Meanwhile on Wednesday, President Cyril Ramaphosa held a telephone discussion with Prime Minister Justin Trudeau of Canada.

The Prime Minister expressed his deep appreciation for the 600 South African firefighters that demonstrated excellence and diligence during their support in extinguishing the wild fires that ravaged parts of Canada. 

“In turn, Prime Minister Trudeau offered Canada’s support in the event South Africa experiences any form of disaster in the near future. 

“The Prime Minister also expressed his appreciation for South Africa’s contribution to the African Peace Initiative to Russia and Ukraine, and committed his support to search for a peaceful solution to the conflict.

Both leaders agreed to continue their bilateral cooperation and to further collaborate in 2025, when Canada hosts the G7 summit, while South Africa will be hosting the G20,” Magwenya said. – SAnews.gov.za 

DikelediM
Fri, 08/04/2023 - 10:54

Read moreLeaders of African Peace Initiative makes pace 
5 August 2023

How to see where political parties acquire their money

Location: News

My Vote Counts has launched a tool to visualize political party funding disclosures

Read moreHow to see where political parties acquire their money
4 August 2023

Nzimande calls on BRICS partners to invest in science, innovation

Location: News

Nzimande calls on BRICS partners to invest in science, innovation

Minister of Higher Education, Science and Innovation, Dr Blade Nzimande, has called on his partners from BRICS to develop science and innovation capacities across Africa for the creation of a better future for all. 

Nzimande was speaking on Friday at the 2023 BRICS (Brazil, Russia, India and China and South Africa) Ministerial Meeting on Science and Innovation in Gqeberha, Eastern Cape. 

He told his counterparts from Brazil, Russia, India and China that one of the strategic objectives of the annual ministerial meeting is to provide an opportunity for a high-level exchange on science, technology, and innovation policy. 

The platform is to also share information on priority investment areas, as well as national progress in the implementation of BRICS partnership initiatives.  

He told delegates that in 2022, the country witnessed a historic milestone in science policy development with the adoption of the Decadal Plan. 

The Decadal Plan, approved by Cabinet, focuses on growing South Africa by finding sources of new economic growth for a re-industrialised and modern economy.

“Although prepared by my department, it is not only a plan for the Department of Science and Innovation, or for government alone, but for all of South Africa,” he said. 

The plan also seeks to put science, technology, and innovation at the heart of South Africa’s growth and development agenda.

Meanwhile, the Innovation and Skills Compact will undertake amongst others a regulatory reform to create a more enabling policy environment for innovation in South Africa. 

It will also forge a closer collaboration between higher education and training bodies, and employers, to ensure that skills development better corresponds to the needs of the economy.  

“Our plan does not identify priorities [of] scientific disciplines or technology platforms in their own right, but instead focus on the collective and holistic response of South African science and innovation on key societal challenges confronting South Africa.

“This approach notably foresees a central role by the social sciences and humanities, which remains a priority investment area.”

He also touched on the strengthening BRICS collaboration, namely vaccine manufacturing, the hydrogen economy, and the marine sciences.  

“The Decadal Plan proposes a new dedicated programme on innovation for a healthy South African population.  

“This programme will focus on both physical and mental health; build on our existing successes in for example the fight against infectious diseases such as HIV-AIDS, while also reinforcing our pandemic preparedness.”

The Minister said developing South Africa’s vaccine manufacturing capabilities will be a priority investment area.  

“Our objective is to develop a viable local vaccine manufacturing industry in South Africa, which will notably address African concerns regarding the security of supply.”

The plan will also zoom into energy security as a priority, which has led to the implementation of South Africa’s Hydrogen Society Roadmap.

The roadmap also seeks to exploit South Africa’s unique comparative advantage, the endowment of 75% of global platinum metals group reserves.

“We have made excellent progress in developing new hydrogen and fuel cell technologies and are keen to join forces with BRICS partners in this enterprise.

“Opportunities abound in areas such as the decarbonisation of transport and the production of green hydrogen, including as part of a dedicated Platinum Valley, spatial and economic development initiative.”

Nzimande said the country is also committed to the marine sciences and the development of a blue economy.  

He explained that cooperation with partners in the Global South and strengthening multilateralism and solidarity through our BRICS science, technology, and innovation partnership is a priority of the highest order.  

“I, therefore, have every confidence that our BRICS partners will join us in an effort, within the spirit of generosity President Mandela spoke about, to also develop science and innovation capacities across Africa. This will be a lasting contribution of our shared objective to creating a better future for all, ensuring no one is left behind.” – SAnews.gov.za

 

Gabisile
Fri, 08/04/2023 - 13:50

Read moreNzimande calls on BRICS partners to invest in science, innovation
7 June 2023

Africa’s Green Economy Summit returns in 2024 with Sanlam Investments as title sponsor

Location: News

Africa’s Green Economy Summit will return to the Western Cape from 21-23 February 2024, with Sanlam Investments coming on board as the host event organiser. Building on the success of the inaugural event held in Cape Town in February 2023, the 2024 event will once again connect the global investment community with investment prospects in …

Read moreAfrica’s Green Economy Summit returns in 2024 with Sanlam Investments as title sponsor
22 May 2023

Wide-ranging energy solutions and expertise: Danfoss celebrates 30 years in South Africa

Location: Business

Danfoss, a multi-national Danish engineering company, is celebrating its 30th anniversary in South Africa, marking three decades of growth and expansion in the region. Founded in 1933 by Danish engineer Mads Clausen, Danfoss has evolved into a global enterprise employing over 42,000 individuals worldwide. The company has recently focused on integrating its local presence in …

Read moreWide-ranging energy solutions and expertise: Danfoss celebrates 30 years in South Africa
17 May 2023

Tips to Avoid Energy Scams

Location: Business

As the demand for alternative energy solutions surges, fraudsters are seizing the opportunity by scamming unsuspecting consumers and businesses out of their hard-earned money. Roshan Jelal, FNB Risks, says “criminals are continuously taking advantage of the vulnerability of consumers, using every opportunity to do so. Purchasing online has become a way of life, and while …

Read moreTips to Avoid Energy Scams
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