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You are here: Home / Archives for Ghana

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24 June 2024

The National Museums of Kenya and CityBlue Hotels ink partnership

Location: Business
CityBlue Hotels

The National Musuems of Kenya (NMK) and CityBlue Hotels (CityBlue) (www.CityBlueHotels.com) are proud to announce a new partnership to co-promote tourism and culture in Kenya.

This alliance marks an exciting opportunity for sponsorship, co-branding, co-marketing and other forms of collaboration.

NMK was established by an Act of Parliament, the Museums and Heritage Act 2006, as a multi-disciplinary institution whose role is to collect, preserve, study, document and present Kenya's past and present cultural and natural heritage. This is for the purposes of enhancing knowledge, appreciation, respect and sustainable utilization of these resources for the benefit of Kenya and the world, for now and posterity.

CityBlue Hotels, Africa's fastest-growing local hotel chain, operates in Kenya (Mombasa, Nairobi and Lamu with new properties opening soon), Uganda, Rwanda, South Sudan, Tanzania and Ghana. CityBlue also has a collaboration arrangement with more than twenty hotels in South Africa and Mozambique.

Professor Mary Gikungu, Director General of the NMK, stated that, “This arrangement is a step for NMK to engage with the private sector with a group that is established, growing, dynamic and cares, like we do, for the welfare of mankind and the conservation of the biological diversity of the East African region and that of the entire planet. The story of NMK and our cultural heritage will be enhanced by this collaboration”.

Jameel Verjee, Founder & CEO of CityBlue Hotels, explained at the Africa Hotel Investment Forum 2024 that “NMK manages many Regional Museums, Sites and Monuments of national and international importance alongside priceless collections of Kenya's living cultural and natural heritage. As an institution that must respond to the growing needs of the society, NMK is striving to contribute in a unique way to the task of national development and we cannot wait to be a partner of NMK on this journey”.

Distributed by APO Group on behalf of CityBlue Hotels.

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19 June 2024

Despite challenges, Southern Africa has improved financial inclusion with adoption of digital financial services

Location: News

United Nations Economic Commission for Africa (ECA)
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South African countries performed well on their financial inclusion, between 2011 and 2021. Progress is partly attributed to rapid adoption of digital financial services including mobile money, according to financial experts at a webinar on the African Financial Sector Southern Africa.

Organized by the Economic Commission for Africa (ECA) in partnership with West African Economic and Monetary Union (WAEMU), the webinar is part of a Series themed, Regional Dialogues on the African Financial Sector - regional profile.

The aim of the regional profiles is to provide detailed information on the countries' financial sectors, documenting recent trends, progress, challenges, and opportunities for a deeper financial sector.

In her opening remarks Eunice Kamwendo, ECA's Director of the Subregional Office for Southern Africa noted the potential for growth, innovation and sustainable investments in the financial sector in Southern Africa.

“Southern African region's financial sector faces financial challenges that include liquidity issues, debt distress, limited access to financial services, high levels of informality and regulatory constraints; Despite these challenges, it is important to prioritize the development of the financial sector to create stability, mobilize domestic resources and foster a stable environment for investment,” said Ms. Kamwendo.

Presenting a report on the demographic economic landscape of the Southern African region, Andrew Bamugye, Senior investment manager SME, Trade and Development Bank said the banking sector in Southern Africa has remained solvent with adequate capital; banking liquidity remained sufficient, with most banks seeing profitability between 2021 and 2023.

“The challenge in the banking industry in the region is the strong interconnection between the banking system and non – banking financial institutions and foreign markets, which leads to the risk of contagion,” said Mr. Bamugye.

He proposed that governments should increase fiscal space by expanding government revenues through diversification of the tax base and simplification of tax systems to reduce the exposure of banks to sovereign risks.

Punki Modise, Chief strategy and sustainability officer, ABSA Bank highlighted the varying levels of debt to GDP ratios across African countries and noted that some countries such as Kenya, Ghana, Kenya and Egypt have adopted unsustainable debt strategies. She also emphasized the importance of project preparation and bankability in the private sector.

“Authorities should enhance competition in the banking systems through the promotion of new players especially those that help to improve financial inclusion,” she said.

In addition, she said banks operating in Africa need to have a more end-to-end approach to risk management, considering bankability at all stages.

On capital markets most countries in the Southern African region have a low market capitalization. The Johannesburg stock exchange, which is the leading stock exchange in Africa has a market capitalization of $1022.8 trillion representing 133% of GDP in 2023, against 51.9% of Mauritius and 18.6% of Namibia.

A lack of liquidity characterizes the bulk of the South African stock market and the breadth of the stock market in the region remains limited.

Furthermore, a small, listed number of companies and corporate bonds tend to dominate the fixed income market while the proportion of government bonds in the normal value is much higher.

“A deeper pool of insurers is required for the acceleration of green bonds growth in the region especially among corporate borrowers,” said Mr. Bamugye.

According to the experts attending the meeting, the pension fund penetration remains low in most Southern African countries. However, the high pension penetration rate in South Africa, Namibia and Botswana were the result of good investment returns on the funds, based on a diversified investment strategy coupled with a strong asset allocation process,

Bernard Yen, Actuary and managing director Aon Solutions Ltd, Mauritius highlighted the challenge of encouraging people in the formal sector to save and discussed the importance of structural changes to increase participation in pension funds.

He suggested that structural changes such as tax incentives and simplified registration processes could drive participation. He also emphasized the need for a multi-faceted approach to increase pension fund participation in the region.

“Countries should explore ways to increase participation of informal sector workers in multi-employer pension funds,” he added.

On the question of tapping into southern African SMEs, participants noted that the majority are financially constrained and face a lack of skills in corporate governance, financial management and often contend with high collateral requirements.

Mr. Bamugye noted the need to help SMEs develop bankable business plans and called for streamlining government support programs towards them.

He emphasized the importance of blended finance structures to address the challenges faced by SMEs in the region including the need for risk capital and conditionality and use of unfunded guarantees to unlock local liquidity.

He acknowledged the obstacle of bank credit access in the region particularly for SMEs and encouraged innovative and creative solutions to promote financial inclusion advising that countries should continue to explore innovative instruments and blended approaches to solve SME credit access problems.

Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).

Read moreDespite challenges, Southern Africa has improved financial inclusion with adoption of digital financial services
12 June 2024

MultiChoice reports resilient performance while expanding its platform

Location: Business
MultiChoice Group

MultiChoice Group (www.MultiChoice.com/) demonstrated resilient operational performance for the year ended March 2024 (FY24), delivering a 26% trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48%, despite very challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching Showmax 2.0, SuperSportBet and Moment, all of which are now revenue-generating and supporting the group's future growth prospects.

Download document: https://apo-opa.co/4cj3eXQ

“Four years after setting out a clear strategy of building Africa's entertainment platform of choice and investing in services to support a broader ecosystem, our three core segments are now fully operational: video entertainment, interactive entertainment and fintech. Our focus now shifts to building on these solid foundations to drive growth in these new areas, and on further enhancing business efficiency across our operations.

While we are not alone in feeling the challenges of a weak consumer environment, I am proud of the speed and effectiveness of the team in implementing strategic actions to retain customers, safeguard cash generation and drive costs savings which surpassed our targets. It is the strength of this team, the quality of the underlying business and the clarity of our strategy which underpins my confidence in delivering on our potential,” said Calvo Mawela, MultiChoice Group CEO.

Some key points for the past financial year:

  • Subscriber base: Given the challenging consumer environment, overall active subscribers declined by 9%. This was mainly due to a 13% decline in the Rest of Africa business, with Nigeria, Angola and Zambia most affected, while the South African business was more resilient, declining by only 5%.   
  • Group revenue: increased by 3% on an organic basis. However, due to weaker local currencies and consumer pressure, reported Group revenue declined by 5% to ZAR56.0bn.
  • Subscription revenues: grew by 2% on an organic basis. However, on a reported basis, subscription revenues declined by 7% due to a weaker Naira.
  • Group trading profit: increased 24% on an organic basis, despite the additional ZAR1.4bn investment in Showmax to drive future growth. After factoring in the ZAR4.5bn impact related to foreign exchange weakness, reported trading profit declined by 21% to ZAR7.9bn.
  • Positive operating leverage: Given the positive impact of the lower expenditure (including ZAR1.9bn in cost savings and ZAR1.5bn in reduced decoder subsidies), the group achieved positive operating leverage of 4.3% (i.e. a 3.3% organic revenue increase against a 1% organic reduction in operating expenses).
  • Adjusted core headline earnings: Higher realised hedging gains and benefits from a narrower gap between official and parallel Naira rate, was more than offset by the weaker trading profitability, resulting in adjusted core headline earnings (which now includes losses on cash remittances after tax and minorities) decreasing by 20% to ZAR1.3bn.
  • Free cash flow: amounted to ZAR589m, impacted by lower profitability and the  ZAR1.7bn in Showmax platform payments.
  • Retained cash and cash equivalents: ZAR7.3bn in cash (before short-term commitments) and access to ZAR4.1bn in undrawn borrowing facilities provides significant headroom and flexibility to fund opportunities.

MultiChoice is by far the largest producer of original content on the African continent. In FY24, the group again produced over 6 500 hours of local content and its local content library now has more than 84,000 hours of content, a 12% increase YoY.

The highlight for the year was Shaka Ilembe, which launched on Mzansi Magic in June to become Africa's biggest TV series. Filmed entirely on location in South Africa, it was created through the skills and contributions of over 8 000 people. The premiere episode attracted over four million viewers and was the top-performing show with an audience share of over 45% in its time slot.

Other content highlights of the year was Reyka (season 2), Devil's Peak and White Lies on linear (co-produced with Fremantle, Canal +, Abacus Distribution and BBC Studios-owned Lookout Point) and Spinners, Original Sin: My Son The Killer, and Catch Me a Killer, on streaming. Across Africa, the group launched 3 new proprietary channels - in Ethiopia (Maaddii Abol), Uganda (Pearl Magic Loko) and Mozambique (Maningue Magic Kool) while also producing content in Africa's 4th most spoken language, Oromo.

SuperSport broadcast 34 490 live events during the year – arguably more live sport than any other broadcaster in the world. Highlights included the Rugby World Cup in France, the Cricket World Cup in India, a second  SA20 season in South Africa, AFCON, FIFA Women's World Cup in New Zealand and Australia, as well as the Netball World Cup in Cape Town.

SuperSport Schools more than doubled its registered user base during the year. The fast-growing platform displayed more than 49 000 hours of live programming across 43 different sports codes, covering 900 school sport festivals and events, featuring more than 1 100 schools, and over 14 500 teams.

SEGMENTAL REVIEW

South Africa Pay-TV (MultiChoice South Africa)

Due to a strong focus on retention initiatives, the decline in active subscribers in South Africa was limited to 5%, despite the challenging environment. The base now stands at 7.6 million households.  Power outages experienced on 275 days of the year further discouraged potential subscribers without backup power.

Although the Premium bouquet is trending toward a stable base given the targeted retention efforts, the premium customer tier (which includes the Premium and Compact Plus bouquets) declined by 8%. The mid-market Compact base, which is most exposed to the macro-economic challenges, was down 9%, while the mass-market tier was 2% lower due to pressure in the Family base, the impact of loadshedding, and reduced decoder subsidies.

A consequent 3% decline in subscription revenues and softer advertising income weighed on the segment's total revenues (-2% to ZAR33.6bn), but was partially offset by strong traction from new revenue streams, especially the insurance business (NMSIS) which reported a 35% increase in premium revenue to almost ZAR1bn. Several interventions to reduce costs enabled the SA business to achieve a trading margin of over 26%.  

Rest of Africa Pay-TV (MultiChoice Africa)

The business in the Rest of Africa faced the toughest macro-economic conditions in its core markets with high, double-digit inflation and extreme depreciation of local currencies, (especially in Nigeria, Angola, Kenya and Zambia) which impacted USD revenues by 32%.

The active subscriber base declined to 8.1m, but effective retention efforts contributed to an improved subscriber mix.

Due to the challenging market dynamics, the short-term focus of this business shifted from subscriber growth to safeguard profitability and cash flows. Several cost-saving initiatives were implemented, including scaling back significantly on decoder subsidies (-46% YoY or ZAR1.3bn), and reducing SG&A costs by ZAR500m. These interventions enabled the Rest of Africa business to increase trading profit by 48% YoY to ZAR1.3bn.

Sub-Saharan Africa SVOD (Showmax)

FY24 was a pivotal year for Showmax as it relaunched across 44 markets in sub-Saharan Africa on Peacock's world-class platform, which is 4K/HDR and ATMOS ready. Almost 100% of the eligible customer base was migrated to the new Showmax platform, and 88% of those migrated had reactivated their accounts in the seven weeks to year-end.

Alongside local content from M-Net, Mzansi Magic, Africa Magic and Maisha Magic, Showmax ramped up its local content, releasing 59 original movies and series in SA, Nigeria, Kenya and Ghana (FY23: 48). Popular shows that drove viewership included Tracking Thabo Bester, Koek, The Mommy Club, Youngins, Red Ink, Adulting, Outlaws and Real Housewives of Durban in South Africa, Cheta'm, Real Housewives of Lagos, Dead Serious, Wura and Flawsome in Nigeria, and Single Kiasi and Second Family in Kenya.

Showmax revenues for the year grew by 22% (+22% organic) to ZAR1.0bn, while trading losses increased to ZAR2.6bn. These losses came in below the expected range of ZAR3-4.0bn. As noted before, due to the partnership agreement signed in 2023, 30% of Showmax's funding requirements is contributed by Comcast.

Technology (Irdeto)

Irdeto's strong execution, enabled it to become the market leader in managed security services for video with a 22% market share. It also saw significant success in combatting piracy, taking down some 30 000 streaming piracy services during the year. Revenue increased by 17% (7% organic) driven by external customers across video entertainment, gaming and connected transport, with some additional uplift from a weaker ZAR against the USD. Disciplined cost management supported a 23% trading margin.

Irdeto shipped its first keyless solutions to leading customers, including one of the largest fleet operators in the US market. This resulted in a revenue increase of 119% YoY in the connected transport division, with revenue from new services now representing a combined 35.7% of total revenues. 

Sports betting and interactive entertainment (KingMakers)

KingMakers reported strong growth in the online business in Nigeria, with monthly active users up 37% YoY and online gross gaming revenues up 26% YoY in constant currency. New products were also launched, including BetKing Casino and BetKing FootballGO, a virtual football sportsbook service.

Revenue of USD147m was affected by the weak Naira, while the business reported a positive EBITDA of USD2m. At the end of its December year-end the business had a retained cash balance USD113m to fully fund its growth initiatives.

KingMakers launched the SuperSportBet business in South Africa in January 2024. Its pre-game shows and live feed integration with SuperPicks, as well as the Playbook preview show were key drivers of uptake, further supported by SuperSportBet becoming the official betting partner of local soccer clubs, Kaizer Chiefs and Orlando Pirates.

Fin-tech (Moment)

After being founded during FY23, Moment officially launched in FY24. The business played a vital role in the Showmax relaunch stepping up to fill a critical payments gap. In January this year, Moment also began processing MultiChoice's payments for DStv, reaching a milestone of processing USD85m in payments in early March 2024.

To-date, Moment has processed local and cross-border card payments in 44 Showmax markets and is already accounting for more than 20% of Group's payment volumes. It also joined real-time payment networks in 18 countries, including South Africa, and is currently piloting instant payment and account activation for DStv.

The business raised an additional USD22m of funding, with MultiChoice contributing USD8m. As a result, Moment is now valued at USD82m and MultiChoice owns a 26% stake.

FUTURE PROSPECTS

The linear video-entertainment business remains the mainstay of the group's operations and provides a valuable base from which to expand its service offerings. The new streaming, interactive entertainment, fintech and connectivity services are having a positive impact on the business, and more importantly, on the lives of its customers. Going forward, the group will focus its efforts on scaling Showmax, Moment, SuperSportBet, as well as on driving growth in insurance (NMSIS), DStv Internet and DStv Stream.

To counter the challenges around an uncertain economic recovery globally and across the group's operating footprint, the group will continue to drive business efficiency and cost optimisation, with an increased cost savings target of ZAR2bn.

Not only should this mitigate the ongoing impact of currency volatility and consumer weakness on performance, but together with the company's strategic plans to continue adapting its platforms to cater to customers' evolving needs, it positions the group well to prosper once currencies stabilize and economies rebound.

Distributed by APO Group on behalf of MultiChoice Group.

MultiChoice Group Contact Details: 
Litlhare Moteetee
Senior Manager: Corporate Communications 
Litlhare.Moteetee@Multichoice.co.za     

Meloy Horn, Head of Investor Relations 
Mobile: +27 82 772 7123 
meloy.horn@multichoice.com    

About MultiChoice Group:
MultiChoice Group (MCG), listed on the Johannesburg Stock Exchange (JSE), is a leading provider of entertainment and related consumer services, with an expanding ecosystem, underpinned by scalable technologies, and a track record now spanning almost 40 years.  MCG provides video entertainment products and services through its linear and streaming platforms to 23.5m households across 50 countries on the African continent and continues to grow by producing and acquiring the best local, sport and international content and offering tiered subscription packages and aggregated streaming services to its customer base. MCG's superior technology capabilities enables it to continue innovating around distribution, digital and payment solutions and content security to offer the best customer experience across the continent. Reaching up to 100 million individuals on a daily basis, the MultiChoice Group is using its scale and distribution to expand its platform to include sports betting and interactive entertainment, fin-tech services, household services (focused on internet connectivity and emergency response services) and ed-tech. Irdeto, MCG's technology business, provides platform cybersecurity services which protect over 6bn devices and applications globally for some of the world's best media and technology brands, as well as clients in the connected industries sector. 

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10 June 2024

Polygon’s outdoor media network expands across Africa

Location: Business
Polygon

Polygon (www.PDOOH.co.za), South Africa's largest programmatic digital out of home (DOOH) publisher network, has recently announced that it will be expanding its network across Africa. This brings it one step closer to realising its vision of offering marketers a single point of entry into the largest network of DOOH inventory across the continent.

At the start of June, Polygon will be able to offer advertisers inventory in Namibia, Botswana and Zambia, while in August, Mauritius, Ghana and Kenya will also come online. Towards the end of the year, the publisher network will add screens in Nigeria, Uganda, Zimbabwe, Mozambique and Angola to its inventory arsenal.

Remi du Preez, Managing Director at Polygon, explains that June's roll-out – as well as the roll-out planned for later this year – will be located at petrol station forecourts spearheaded under the Vivo brand. Forecourts are renowned among advertisers for their high dwell times and attention-capturing displays. This is made possible by Polygon's partnership with media owner Oasis Digital Networks, which has the rights to build sites at these petrol stations.

“We are expanding our large format digital network across the most frequented petrol stations in each country; from Windhoek, Gaborone, and Lusaka to other key hubs that travellers are likely to visit when moving through the major cities of these regions.”

Says Reinhardt Hanel, CEO of Oasis Digital Networks “What excited us about partnering with Polygon is that it is strongly rooted in the DOOH market and it understands the value proposition that our network of inventory offers to advertisers.”

Du Preez explains that historically – and as with other emerging markets – when purchasing inventory in Africa, there was often a lack of consistency and transparency in reporting. Media buyers faced concerns about the number of ad serves that were promised, versus actually delivered.

Through its programmatic network, Du Preez says that Polygon can offer advertisers complete transparency. “Buyers have immediate access to the programmatic demand-side platform (DSP), which offers a clear view as to what is happening on the ground.”

He adds that up until now, programmatic buying throughout Africa has been limited. “Through these new network integrations, we're on our  way to creating an African ‘mega network' that will allow digital strategists to buy programmatically anywhere on the continent and across a variety of venue types.

“We already have an array of digital strategists booking campaigns in Africa via Google, YouTube and Facebook; however, they now have the option to use these same tools to add DOOH to the mix, delivering high-impact, omnichannel campaigns.”

Adds Hanel: “Polygon, led by Remi, has positioned its business as an authority in the programmatic DOOH space, which is helpful to brands wanting to chart new ground in the outdoor arena.

“It has worked tirelessly to support media owners, like Oasis, in offering clients programmatic solutions. By marketing our inventory, they unlock new opportunities and revenue for us, fast-tracking our sales. We believe that they will play a key role in driving the move to greater programmatic availability in Africa.”

Concludes Du Preez: “This expanded network will not only allow media strategists and buyers to consolidate buying; it will also add value to the continent's media owners, who can now bank on a new stream of revenue, ultimately boosting Africa's economies.”

For more information, please visit www.PDOOH.co.za

Distributed by APO Group on behalf of Polygon.

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Polygon
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9 June 2024

Dark and Lovely Moisture Plus Kits recalled

Location: News

Dark and Lovely Moisture Plus Kits recalled

The National Consumer Commission (NCC) is urging consumers in possession of 50ml single use neutralizing shampoo contained in Dark and Lovely Moisture Plus Kits (Regular, and Super) and Dark and Lovely Anti Breakage Kit to discontinue use of the product and return it to the point of sale for a full refund.
 
NCC’s Deputy Commissioner, Thezi Mabuza said the manufacturer, Loreal informed the Commission that it detected the presence of bacteria in the 50ml single use neutralizing shampoo during regular quality controls.

“While this is single-use shampoo, we urge South Africans who might still have these products in their possession to stop use and return to the point of purchase for a full refund. According to the manufacturer, using this shampoo may lead to scalp infections in those with compromised immune systems” Mabuza said.
 
The product, which was produced in April 2023, was distributed nationally, and exported to neighbouring countries such as Zambia, Zimbabwe, Namibia, Kenya, Ghana, Botswana, Eswatini, Lesotho, Morocco, and Nigeria.

“The Consumer Protection Act requires that manufacturers and producers of products produce, and supply goods and products are of good quality and free of defects. We urge suppliers and manufacturers to always prioritize consumer safety. The Commission is monitoring the recall based on its Recall Guidelines” Mabuza said.

The NCC is an agency of the Department of Trade, Industry and Competition. – SAnews.gov.za

 

GabiK
Sun, 06/09/2024 - 11:30

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Read moreDark and Lovely Moisture Plus Kits recalled
5 June 2024

BMA warns it will not tolerate illegal immigrants

Location: News

BMA warns it will not tolerate illegal immigrants

The Commissioner of the Border Management Authority (BMA), Dr Michael Masiapato, has issued a stern warning to travellers, who are in contravention of the Immigration Act of South Africa.

Last night, during a routine intelligence-driven operation, 25 travellers were intercepted and deported by the BMA Immigration officials at OR Tambo International Airport (ORTIA), who were trying to enter South Africa illegally.

Of those,13 Bangladeshis and three Pakistanis were found to be in possession of fake visitors’ visas. One Bangladeshi, a Nigerian, three Pakistanis and four Ghanaians failed to meet the relevant entry requirements on arrival.

These travellers were intercepted on flights from Bangladesh, Pakistan, Ghana and Nigeria, and they were deported back in accordance with the International Civil Aviation Organisation (ICAO) regulations. 

The ICAO provides global standards for air transport operations and highlights that a person who has entered a state illegally or denied entry shall be returned to their country of origin by the respective airlines that brought them to South Africa and shall bear the costs of that particular travel.

ORTIA has been a target, with various travellers attempting to enter the country illegally.

This past Sunday, five Bangladeshis and five Ethiopians were intercepted in collaboration with the Airports Company South Africa (ACSA).

Masiapato commended the operations by BMA officials at ORTIA, saying that as the biggest and busiest airport in Africa, detection systems need to continue to be advanced.

“The outstanding efforts of our dedicated BMA immigration officers in successfully intercepting these travellers is commendable. With the BMA just one year in operation, this work exemplifies our unwavering commitment to safeguarding our borders and maintaining the integrity of our immigration laws.

“The diligence and professionalism displayed by our team have prevented potential security threats and upheld the rule of law.

“We will continue to enhance our capabilities and escalate cooperation with ACSA security as well as collaborate with international partners to address and combat such illicit activities effectively," Masiapato said.

ACSA Regional General Manager Jabulani Khambule has thanked and congratulated the BMA on these latest interceptions of illegal travellers, praising officials for their hard work and dedication to protecting South Africa’s ports of entry.

“These latest successful interceptions of illegal travellers by the BMA demonstrates the importance of our multi-agency safety and security approach throughout our environment to enhance airport and aviation security in general.

“The aviation security model that is vertically and horizontally integrated with various law enforcement authorities is important to root out criminality across our airports,” said Khambule.

As the third law enforcement authority responsible for five key functional areas of immigration, port health, environmental and agricultural biosecurity, including access control and the general law enforcement at the ports of entry and border law enforcement areas, the BMA has adopted a zero-tolerance approach to criminal or unlawful behaviour at all ports of entry.

The BMA will continue to intensify its operations with the deployment of an additional 400 Junior Border Guards, who have resumed duty on the 1st of June 2024 at various ports.

Travellers are warned to avoid attempting to enter South Africa illegally, as they will be caught by BMA officials. – SAnews.gov.za

Edwin
Wed, 06/05/2024 - 12:10

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Read moreBMA warns it will not tolerate illegal immigrants
27 May 2024

Harnessing Innovation toward Africa’s Inclusive Growth.

Location: MyPR

Dr Velenkosini Matsebula is a Senior Lecturer in Development Finance at Stellenbosch Business School. As we commemorate Africa Day, we are reminded of the continent’s rich cultural heritage, its vibrant diversity, and its people’s resiliency. This day serves as a beacon of unity and progress for Africa. However, beneath the celebration lies a critical reflection …

Read moreHarnessing Innovation toward Africa’s Inclusive Growth.
23 May 2024

African Union Election Observation Mission arrives in South Africa ahead of the 2024 General Elections

Location: News

African Union (AU)
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The African Union Election Observation Mission (AUEOM) has arrived in South Africa ahead of the 29 May 2024 General Elections. At the invitation of the Government of South Africa and the Independent Electoral Commission (IEC) of South Africa, the Chairperson of the African Union Commission, H.E. Moussa Faki Mahamat, approved the deployment of the short-term AUEOM to assess and report on the conduct of this election.

The AUEOM is led by H.E. Uhuru Kenyatta, former President of the Republic of Kenya and is comprised of 60 short-term observers (STOs) drawn from ambassadors accredited to the African Union, officials of election management bodies, members of African civil society organisations, African election experts, human rights specialists, gender and media experts, and representatives of youth organizations. The observers are drawn from 24 countries which include Angola, Benin, Botswana, Burundi, Cameroon, Democratic Republic of Congo, Egypt, Ethiopia, Eswatini, Gambia, Ghana, Kenya, Lesotho, Mauritius, Morocco, Mozambique, Namibia, Nigeria, South Sudan, Togo, Tunisia, Uganda, Zambia and Zimbabwe.

The AUEOM will base its assessment on the legal framework governing elections in the Republic of South Africa and the OAU/AU Declaration on the Principles Governing Democratic Elections, the standards and obligations stipulated in the African Charter on Democracy, Elections and Governance (ACDEG), and the International Declaration of Principles (DoP) for International Election Observation among others.

The Mission shall interact with state authorities, the Independent Electoral Commission, political parties, the media, civil society organisations and representatives of the international community. The Mission will also interact with other election observation missions deployed to observe the 2024 General Elections in South Africa.

The Mission will release its preliminary findings and recommendations on the conduct of the elections on 31 May 2024 in a press conference in Johannesburg, South Africa.  A final and comprehensive report will be released within two months from the date of announcement of final election results and will be posted on the AU Commission website.

The Mission's Secretariat is located at the Hilton Hotel, Sandton, South Africa.  

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

Read moreAfrican Union Election Observation Mission arrives in South Africa ahead of the 2024 General Elections
22 May 2024

The Coca-Cola System in Kenya Announces Major Investment

Location: Business
Coca Cola Beverages Africa

The Coca-Cola system, consisting of The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa (https://www.CCBAGroup.com), has announced its intention to grow its investment in Kenya by up to $175 million over the next five years, should the business achieve its anticipated growth targets in the country.

Hosting Kenyan President H.E. Dr William Ruto at The Coca-Cola Company's headquarters in Atlanta, Sunil Gupta, CEO of Coca-Cola Beverages Africa, said, “The Coca-Cola system has been an integral part of Kenya's landscape for more than 75 years. Today, we are excited to announce our intention to strengthen this legacy through a substantial investment.”

“This investment is aimed at accelerating the Coca-Cola system's capacity and capability expansion over the next five years. Our decision to invest underscores our belief in the long-term potential of Kenya's economy,” Gupta said.

Luisa Ortega, President of The Coca-Cola Company's Africa Operating Unit, emphasized the importance of collaboration with the government to create a stable policy environment. "The Coca-Cola system has been part of communities in Kenya for more than seven decades. We are excited to continue growing our business and supporting communities across Kenya for many years to come," said Ortega.

The Coca-Cola system has a rich legacy of refreshing Africa and making a difference in the East Africa region, where it is a major employer, directly employing 10,000 people.

The Coca-Cola system also works with over 500,000 Micro, Small and Medium Enterprises across the region, giving the company a direct connection to the experiences shared by many businesses in Kenya and across the East African region.

“Our value chain supports livelihoods for over a million people in distribution, sales and other roles,” said Gupta. “We source close to 8,000 metric tons of mango puree from East African farmers. We believe in the region's potential and its ability to achieve significant growth through collaboration between public and private sectors. Our business in Kenya is centered on a local approach - we hire locally, produce locally, distribute locally and source locally.”

“We are optimistic and fully committed to Kenya's future. We foresee great social and economic advancement, and this is why we continue to invest in our Kenyan business as well as community programs that help strengthen Kenya's prosperity,” Ortega concluded.

Distributed by APO Group on behalf of Coca Cola Beverages Africa.

ISSUED BY:
Wendy Thole-Muir
Group Head of Reputation and Communication
Coca-Cola Beverages Africa
Tel: +27 83 795 8524
Email: WThole-Muir@ccbagroup.com

Clifford Machoka
Senior Director
Public Affairs
Communication & Sustainability
East & Central Africa
Coca-Cola Africa
Tel: +254 734 109 260/1
Email: cmachoka@coca-cola.com

About The Coca‑Cola Company:
The Coca‑Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca‑Cola, Sprite and Fanta. Our water, sports, coffee, and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Follow us on Instagram (https://apo-opa.co/42DbAWX), Facebook (https://apo-opa.co/4bKvZ0m) and LinkedIn (https://apo-opa.co/4bpOQ03).

About Coca-Cola Beverages Africa:
Coca-Cola Beverages Africa is the 8th largest Coca-Cola bottling partner in the world by revenue, and the largest on the continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 720,000 customers with a host of international and local brands. The group was formed in July 2016 after the successful combination of the southern and east Africa bottling operations of the non-alcoholic ready-to-drink beverages businesses of The Coca-Cola Company, SABMiller plc and Gutsche Family Investments. CCBA shareholders are currently: The Coca-Cola Company 66.5% and Gutsche Family Investments 33.5%. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique, and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho and Malawi.

Learn more at  https://www.CCBAGroup.com

Follow us on LinkedIn (https://apo-opa.co/4dfq8AC)

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13 May 2024

RugbyPass TV To Stream Rugby Africa Women’s Cup Final for Historic Debut

Location: Sport
Rugby Africa

The final round of the 2024 Rugby Africa Women's Cup organized by Rugby Africa (www.RugbyAfrique.com), the continental governing body of Rugby across Africa will be streamed live for the first time on RugbyPass TV (www.RugbyPass.com), official free streaming service of World Rugby, at 13:00 (East Africa Time) local time in Antananarivo, Madagascar on Sunday, May 12.

Defending champions, South Africa will compete against host nation Madagascar, to secure pathway for the 2025 Women's World Cup in England. Runner-up will qualify for the WX3 tournament in Dubai scheduled for October 2024.

Launched in 2023, the official global streaming platform of World Rugby (www.World.Rugby), Rugby Pass TV, aims to grow the global game by making rugby more accessible to fans worldwide for free. The live streaming of the Rugby Africa Women's tournament on Rugby Pass TV highlights the growing interest in women's rugby across the African continent. This occasion provides an opportunity for fans to support their teams and experience the thrill of the game. The match will also be live streamed on Super Sport YouTube Page, Rugby Africa Facebook and YouTube Page. In addition to live stream, the final round will be broadcasted on SuperSport.

The Rugby Africa Women's Tournament is a continental rugby union competition organized by Rugby Africa. Participating countries in the three round tournaments include Cameroon, Kenya, Madagascar and South Africa. All three rounds of the women's tournament are actively taking at the Stadis Makis in Antananrivo, Madagascar, following commencement on May 4. It is the second time Madagascar is hosting the Rugby Africa Women's tournament, having done so successfully in 2023.

The final round of the Rugby Africa' Women's Cup will be kicking of at 13:00 (East Africa Time), with Kenya' Lionesses competing against Cameroon. Followed by the deciding match South Africa's Springboks and Madagascar at 15:00 (East Africa Time). 

To Access Live Stream:

RugbyPass TV: https://apo-opa.co/3USxcMu
SuperSport: https://apo-opa.co/3wkaZ0E
Rugby Africa YouTube: https://apo-opa.co/3WD8NvD
Rugby Africa Facebook: https://apo-opa.co/4dAAXgY

To View Broadcast:
SuperSport Linear: Channel 244

Distributed by APO Group on behalf of Rugby Africa.

Media contact:
Nicole Vervelde
Communications Advisor to the President of Rugby Africa
rugby@apo-opa.com

About Rugby Africa:
Rugby Africa (www.RugbyAfrique.com) is the governing body of rugby in Africa and one of the regional associations under World Rugby. It unites all African countries that play rugby union, rugby sevens, and women's rugby. Rugby Africa organizes various competitions, including the qualifying tournaments for the Rugby World Cup and the Africa Sevens, a qualifying competition for the Olympic Games. With 39 member unions, Rugby Africa is dedicated to promoting and developing rugby across the continent. World Rugby highlighted Ghana, Nigeria and Zambia as three of the six emerging nations experiencing strong growth in rugby.

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8 May 2024

Putting Clients First: Centurion Law Group Rebrands as CLG

Location: News
CLG

Pan-African legal and business advisory group Centurion Law Group has officially rebranded to CLG (https://CLGGlobal.com), underscoring a firm-wide commitment to innovation and growth. The rebrand aligns closely with the firm's mission to consolidate its position as the leading legal practice and business advisor in an ever-evolving energy environment. With the rebrand, clients can expect expanded service offerings and elevated levels of excellence, as the firm moves to become the go-to legal platform for the African continent.

CLG's rebranding responds to growing client and shareholder demand for leadership in tackling complex legal issues across all energy sectors. As one of the continent's fastest-growing industries, energy is undergoing significant development and rapid change. The rebrand positions CLG to support these developments with a team of internationally-trained lawyers offering a suite of comprehensive services.

The firm's team of experienced legal professionals offers an in-depth understanding of the market and excels at navigating complex operating environments. CLG is the preferred professional services partner in Africa, equipped to offer on-the-ground support across multiple sectors.

CLG's rebranding journey is driven by several key motivations, including strategic differentiation, a more streamlined identity, global appeal and expanded service offerings. The new brand identity reinforces the firm's commitment to excellence, while signaling a fresh perspective and approach to legal services. It also provides a modern corporate identity that resonates with clients and stakeholders across diverse markets and builds broader brand recognition.

As a firm, CLG has a rich history of spearheading transformative oil and gas transactions across Africa, setting it apart as the leading law firm for the oil and gas industry. With extensive experience and deep-rooted technical expertise in the sector, CLG has a proven track record of providing top-tier legal services and strategic advice to clients across the energy spectrum. Its team has successfully guided clients through complex regulatory landscapes, contractual negotiations and large-scale transactions.

The firm's comprehensive understanding of the industry and its nuances ensures it is well-equipped to handle all legal aspects of oil and gas projects. From exploration and production to refining and distribution, CLG offers tailored solutions that address the specific needs and challenges of its clients.

Operating in several markets including South Africa, Nigeria, the Republic of Congo, South Sudan, Mauritius, Ghana, Cameroon, Equatorial Guinea, Mozambique and Germany, CLG prides itself on building lasting relationships with clients and delivering exceptional results. The firm's reputation for excellence and commitment to client satisfaction makes it the trusted choice for businesses operating in the energy sector.

CLG recently achieved several significant milestones, including securing a listing on the Open Market of the Düsseldorf Stock Exchange under Calvert International AG (CIAG). Founded in 2007, the firm has quickly established itself as a leading pan-African legal and advisory conglomerate, dedicated to providing innovative and strategic solutions to clients across the continent. With a focus on excellence, integrity and client satisfaction, CLG has played a central role in driving the growth and success of its clients in an ever-evolving business environment.

The firm's positive track record serves as a cornerstone for future success, and the CLG rebrand marks a pivotal moment in its journey, symbolizing a strategic shift towards greater success, resonance and impact within the global legal and business landscape. This transformation is not only cosmetic, but also underscores CLG's commitment to serving as a modern, dynamic and global-minded legal, business and tax partner.

“While we are proud of our accomplishments, our sights are set on the future, driven by an unwavering commitment to adapt, innovate and position our company for continued growth and success in an ever-changing business environment. CLG stands resolute in our dedication to meeting the evolving needs of our clients and enhancing the scope and quality of our services,” stated CLG CEO Zion Adeoye.

“The rebranding to CLG signifies a new chapter for our clients as we enhance our focus on delivering exceptional legal, tax and business advisory services. Our clients can expect a more streamlined and impactful experience, backed by our unwavering commitment to their success,” Adeoye added.

Visit CLG's new website at https://CLGGlobal.com. 

Distributed by APO Group on behalf of CLG.

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7 May 2024

SA’s tourism sector continues on a positive trajectory

Location: News

SA’s tourism sector continues on a positive trajectory

South Africa’s tourism sector continues to grow and attract international arrivals from all over the world.

According to the latest official release of international arrival figures by Statistics South Africa for January to March 2024, the country totalled 2.4 million, representing a remarkable 15.4% increase when compared with the same period in 2023.

Minister of Tourism Patricia de Lille has welcomed the increase in international travellers as it is a significant contributor to the economy and job creation.

“We are determined to continue with this momentum. South Africa remains attractive and accessible for all travellers to enjoy,” the Minister said on Tuesday.

South Africa welcomed 1.8 million tourist arrivals from the rest of the African continent between January and March 2024, marking a significant 74.5% of all arrivals.

Zimbabwe and Ghana stood out for their remarkable growth, with Zimbabwe experiencing a 21.8% increase in tourist arrivals to South Africa when compared to the first three months of 2023, totalling 613 675 arrivals, while Ghana recorded a 249.4% increase when compared to the same period in 2023, reaching 7 904 arrivals for January to March 2024.

“Ghana’s immense performance can be attributed to the fact that South Africa and Ghana announced a visa-waiver scheme on 1 November 2023. The visa-waiver allows for travel for periods of up to 90 days within a calendar year, for purposes of business or tourism.

“This coupled with targeted integrated marketing initiatives executed by South African Tourism to attract visitors from this market makes for a winning formula for the growth of our sector,” de Lille said.

Travellers from other parts of the world also continued to show their interest in South Africa.

Tourist arrivals from the Americas registered at 118 194 from January to March 2024, reflecting a 12.4% growth compared to the same period in 2023.

Strength in European markets

From January to March 2024, South Africa saw 420 727 tourist arrivals from Europe, an 8.6% increase compared to the same period in 2023.

“The United Kingdom remains the top European source market, with 125 420 tourists choosing South Africa, marking a 5.3% growth compared to 2023. Germany experienced a 9.9% increase in arrivals compared to same period in 2023, amounting to 98 954 tourists.

“This was followed by the Netherlands, which saw an increase of 9.9% when compared to 2023, amounting to 37 548 tourist arrivals between January and March 2024. Russia exhibited a dramatic growth of 9.6% when compared to 2023, contributing 9 329 arrivals in 2024,” the Ministry of Tourism said.

Asia markets

The Asian markets also showed significant growth with a total 49 741 arrivals from the region, representing an astounding 25.4% when compared to the same period in 2023.

“We welcomed 16 209 tourists from India; 0.9% lower compared to 2023. Notably, South Africa received 11 017 visitors from China registering a massive 82% increase in the first three months of 2024 when compared to the same period in 2023,” the Ministry said.

Middle East arrivals

South Africa received 2 387 arrivals from Saudi Arabia in 2024, marking an increase of 31.7% when compared to 2023.

The United Arab Emirates saw 321 arrivals to South Africa between January and March 2024. – SAnews.gov.za

 

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7 May 2024

Johannesburg: Data centre hub for big operators in South Africa

Location: MyPR

Cushman & Wakefield | BROLL says operators seek sites to the north and east of Johannesburg, in well-located nodes with power supply, while in the smaller Cape Town market data centres are expanding, and there’s growing interest in Nigeria and Kenya. The surge in AI technology deployment and demand for more efficient cloud storage drives …

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7 May 2024

KnowBe4 releases 2024 Security Culture Report highlighting African organisations’ cyber readiness

Location: News
KnowBe4

KnowBe4 (www.knowbe4.com), the provider of the world's largest security awareness training and simulated phishing platform, has just released its highly anticipated 2024 Security Culture Report (https://apo-opa.co/3Wr5p7a) for Africa, providing a detailed analysis of the intricate relationship between security practices and employee behaviours within organisations. Drawing insights from surveys conducted across thousands of organisations worldwide, the full report (https://apo-opa.co/3Wx9hng) offers a comprehensive five-year comparative view, highlighting significant trends shaping the cybersecurity landscape.

“In its section on Africa, the report reveals that organisations evaluated across 20 African countries exhibit an average security culture score of 72, consistent with the previous year,” says Anna Collard, SVP of Content Strategy & Evangelist for KnowBe4 Africa. “This shows a moderate level of readiness in security culture.”

There are noteworthy variations among sectors and countries, emphasising the necessity for targeted interventions to enhance cybersecurity resilience. “The banking sector in Kenya is a standout performer, boasting an impressive average score of 83, attributed to its steadfast commitment to maintaining mature security cultures supported by robust security operations,” explains Collard. “However, industries such as public services, construction, education, and hospitality show lower security culture scores. This shows the importance of developing specific approaches to enhance cybersecurity awareness and practices in these sectors.”

Africa, with its diverse cultural fabric and youthful population projected to dominate the global workforce by 2100, faces escalating cyber risks amidst rapid technological advancements. Challenges, including limited resources, inadequate cyber awareness, and economic constraints, marked the continent's cybersecurity landscape in 2023. “This shows the need to strengthen cybersecurity readiness given the critical development requirements.”

Kenya (76), Nigeria (75), and Ghana (74) lead the charge in cybersecurity readiness, showcasing robust strategies backed by local governments. Ghana's significant progress in cybersecurity, evidenced by its climb in the Global Cybersecurity Index, reflects the region's commitment to cybersecurity excellence.

“With a security culture score of 72, it's important to address the findings from a separate survey (https://apo-opa.co/44upwDi) on generative AI (GenAI) adoption by organisations in South Africa,” adds Collard. “That survey identified regulatory gaps and a lack of training in countering AI-generated misinformation, highlighting the need for regulations, training programmes, and partnerships to tackle cyber threats such as deepfakes, especially during the upcoming crucial governmental elections.”

The South African Council for Scientific and Industrial Research (CSIR) expects an increase in cyber attacks targeting important infrastructure and government bodies in the coming weeks until South Africans go to the polls. “This highlights the urgent need for stronger cybersecurity measures to protect both public and private sectors, communities, and national economies,” says Collard. “As organisations adapt to the changing cybersecurity environment, promoting a culture of awareness, education, and proactive risk management will be vital in enhancing cyber resilience throughout Africa.”

The security culture score is a global measure used to evaluate organisations based on their approach to security, explains Javvad Malik, Lead Security Awareness Advocate at KnowBe4. “This score reflects how much importance different entities worldwide place on cybersecurity within their organisational culture. In today's interconnected world, where a mobile device in a remote area can access sensitive accounts, working in isolation on security is no longer effective,” adds Malik. “Collaboration between governments and regulators is essential not just for creating laws but also for demonstrating practical ways to strengthen security culture. Organisations need to prioritise the human element of cybersecurity by focusing on continuous awareness and training efforts rather than relying solely on technological solutions,” Malik concludes.

For the full security culture report covering Africa, click here (https://apo-opa.co/3Wr5p7a). For the comprehensive report covering Africa and five other global regions (North America, South America, Europe, Asia, and Oceania), click here (https://apo-opa.co/3Wx9hng).

Distributed by APO Group on behalf of KnowBe4.

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6 May 2024

Africa’s Business Heroes Takes 40 Entrepreneurs to China and Extends 2024 Application Deadline

Location: Business
Africa’s Business Heroes (ABH)

Between April 20-27, the Africa's Business Heroes (ABH) Prize Competition (www.AfricaBusinessHeroes.org), a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, hosted 40 participants—consisting of top 10 Heroes, other finalists and partners from across Africa—in Hangzhou, China. Participants engaged in an immersive experience at Alibaba's headquarters in Hangzhou and have returned to their home countries enriched with valuable insights to further enhance their entrepreneurial endeavors on the continent.

During their visit, the ABH Heroes (spanning cohorts from 2019 to 2023) participated in a wide range of activities. These included deep dives that explored various facets of the digital economy from cloud computing, AI-driven logistics to e-commerce villages. They participated in a series of workshops and site visits—all designed to elevate entrepreneurs to a higher level of success. The Heroes also exchanged knowledge and explored opportunities for collaboration with business leaders from Alibaba and with each other. These activities provided the participants with new knowledge and perspectives that they can potentially apply to overcome challenges, seize opportunities and scale their businesses.

Diarra BOUSSO, Founder & Creative Director of Diarrablu and ABH 2020 top 10 Hero, who was among the participants in the trip to China, expresses her gratitude for the experience, stating: “This trip was so inspiring in so many ways. First, meeting all these entrepreneurs who are the top entrepreneurs on the African continent and spending a week together was an incredible experience. And second: being immersed in the world of Alibaba and all the companies Jack Ma and his team built over time and understanding the vision behind it was like a dream come true.”

In another exciting development, ABH is extending its deadline for 2024 entries from May 19 to June 9 to accommodate more entrepreneurs eager to participate in the competition. Candidates selected for the top 50 will gain access to a host of resources, including training, mentorship and networking opportunities, as well as a supportive network of fellow African business leaders. US$1.5 million in grant funding will be distributed among the top 10 finalists; the first prize winner will receive an award of US$300,000.

This year, ABH has also hosted information sessions and community events across the continent to facilitate the application process and nurture a vibrant entrepreneurial community. These events have taken place in South Africa, Kenya, Zambia, Cameroon, Ghana, Nigeria and Côte d'Ivoire, with upcoming sessions scheduled for Egypt, Ethiopia, Rwanda and Senegal. These events are conducted in partnership with local entrepreneur organizations and key ABH stakeholders including judges, Heroes and partners.

To date, ABH has received applications from entrepreneurs spanning all 54 African countries. Entrepreneurs from across the continent – regardless of sector, age or gender – are invited to participate. Applications can be submitted in English or French at: https://AfricaBusinessHeroes.org/en/apply-now.

Individuals are also encouraged to nominate eligible entrepreneurs who they believe are creating impactful and sustainable solutions to challenging issues here: https://AfricaBusinessHeroes.org/en/nominate

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

Follow ABH on:
X (https://apo-opa.info/3KY3OQs)
LinkedIn (https://apo-opa.info/3L1Cgda)
Instagram (https://apo-opa.info/3KZTXKa)
Facebook (https://apo-opa.info/3ylgNE9) and
YouTube (https://apo-opa.info/3YDG5bH)

For more information about ABH 2024, please visit https://AfricaBusinessHeroes.org/en/.

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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2 May 2024

#DiscoverMyAfrica, a Celebration of Creative Economy on Africa Month

Location: News

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

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

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

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

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

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

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

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29 April 2024

Africa Chief Executive Officer (CEO) Forum Welcomes Rugby Africa President to Discuss the Business of Sports

Location: Sport
Rugby Africa

The President of Rugby Africa (www.RugbyAfrique.com), the continental governing body of Rugby across Africa, Herbert Mensah, will explore the business of sport in a panel discussion at the 2024 Africa CEO Forum (www.TheAfricaCEOForum.com) on Thursday, May 16 in Kigali, Rwanda.

In partnership with the International Finance Corporation (IFC) (www.IFC.org), the Africa CEO Forum is the largest annual gathering of the African private sector. Each year, the Africa CEO Forum gathers more than 2,000 African and international captains of industry, public decision-makers and leading visionaries to debate the continent's most pressing priorities and set its business agenda.

Founded in 2012, the Africa CEO Forum has enabled dialogue between the public and private sector, bringing together business leaders, CEOs, investors and heads of state to highlight the driving role of the private sector in the development of the continent. Previous speakers include H.E. Paul Kagame, President of the Republic of Rwanda, H.E. Dr. William Samoei Ruto, President of the Republic of Kenya, H.E. Filipe Jacinto Nyusi, President of the Republic of Mozambique and H.E. Dr. Mokgweetsi E.K. Masisi, President of the Republic of Botswana.

Clare Akamanzi, CEO of NBA Africa (www.NBA.com), will join Rugby Africa President, Herbert Mensah to delve into the business potential of Africa's sporting industry in the panel discussion at the Africa CEO Forum. Amid the success stories of the Basketball Africa League, Morocco's joint bid to host the 2030 World Cup, the establishment of the CAF Champions League, South Africa's Springboks victory as fourth time champions of the Rugby World Cup and the highly anticipated return of Formula 1 to the continent, Africa's sports industry is witnessing a boom. Given the global sports market's estimate of over $600 billion and a steady growth rate of 5% annually, Africa is seeking opportunities to transform and expand the sports industry.

The President of Rugby Africa, Herbert Mensah, continues to emphasize the business potential of rugby across Africa. Since his election, Mensah has called for a change of mindset from African governments and international organizations to increase investment in rugby across Africa. President Mensah has served as a keynote speaker at the Bloomberg New Economy Gateway Africa 2023 and the 2023 Africa Investment Forum.

Watch the video of the Bloomberg New Economy Gateway: https://apo-opa.co/4bdaPql

Watch the video of the Africa Investment Forum: https://apo-opa.co/49UxCGt

The annual two-day Africa CEO Forum will commence on Thursday May 16 to Friday May 17 under the theme “At the Table or on the Menu? A Critical Moment to Shape a New Future for Africa” in Kigali, Rwanda.

Read more information about the Africa CEO Forum: www.TheAfricaCEOForum.com

Distributed by APO Group on behalf of Rugby Africa.

Media contact:
Nicole Vervelde
Communications Advisor to the President of Rugby Africa
rugby@apo-opa.com

About Rugby Africa:
Rugby Africa (www.RugbyAfrique.com) is the governing body of rugby in Africa and one of the regional associations under World Rugby. It unites all African countries that play rugby union, rugby sevens, and women's rugby. Rugby Africa organizes various competitions, including the qualifying tournaments for the Rugby World Cup and the Africa Sevens, a qualifying competition for the Olympic Games. With 39 member unions, Rugby Africa is dedicated to promoting and developing rugby across the continent. World Rugby highlighted Ghana, Nigeria and Zambia as three of the six emerging nations experiencing strong growth in rugby.

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26 April 2024

Elections 2024: South Africa is one of the few African countries where prisoners can vote

Location: News

But the right of prisoners to vote has at times been resisted by the government and the Independent Electoral Commission

Read moreElections 2024: South Africa is one of the few African countries where prisoners can vote
25 April 2024

Launch of cutting-edge recycling facility in Namibia

Location: News
Coca Cola Beverages Africa

A N$24 million (over US$1.2million) investment through a partnership between Coca-Cola Beverages Africa (CCBA) (www.CCBAgroup.com) in Namibia and Plastic Packaging has culminated in the opening of a new polyethylene terephthalate (PET) flaking plant in Okahandja which will double the capacity of the only mechanical recycler of plastic waste in the country.

The plant was officially inaugurated by the Minister of Environment, Forestry and Tourism, Pohamba Shifeta.

“The Coca-Cola system aims to drive systemic change through a circular economy for packaging. We are leading the industry to help collect and recycle a bottle or can for every one we sell by 2030. We have a responsibility to help solve complex plastic waste challenges facing our planet and society, and we're leveraging our scale and reach to achieve our sustainability goals and reduce packaging waste,” said CCBA Chief Public Affairs, Communication and Sustainability Officer, Tshidi Ramogase.

“This facility is an example of how we work with partners across business, government and civil society to support or create closed loop systems to ensure our packaging is collected and recycled or reused.

“Supporting the establishment of a circular economy for packaging has both environmental and economic benefits since recycling has the potential to create jobs and to empower the informal waste collection sector in a circular economy.

“Unlike a traditional linear economy in which packaging is made, used and disposed of; a circular economy preserves the economic value of packaging through robust collection and recycling systems,” said Ramogase.

The completion of this cutting-edge recycling facility will enable Namibia Polymer Recyclers (NPR), a subsidiary of Plastic Packaging, to recycle up to 500 tons per month.

The recycling plant transforms discarded beverage bottles made from PET material into PET flakes with an international market value. The flaking process of post-consumer PET bottles involves sorting, shredding it into PET flakes, hot-washing and drying of flakes, which are then sent for further processing into recycled PET pellets and other end-uses.

This reduces the need to use virgin PET, while diverting waste from landfills and the environment.

“We are investing in infrastructure and exploring ways to support additional recycled PET capacity in each of the regions where we operate. These investments not only provide a source of recycled content for our packaging but also create additional demand for empty packages, driving increased collection.

“At CCBA, we are a proud industry leader in developing increasingly sustainable ways to produce, distribute and sell our products. We use our industry leadership to be part of the solution to achieve positive change and to build a more sustainable future for our planet,” said Ramogase.

Distributed by APO Group on behalf of Coca Cola Beverages Africa.

Issued By:
Enid Johr
PACS Director
CCBA in Namibia
Tel: +264 81 778 5381
Email: ejohr@ccbagroup.com

Wendy Thole-Muir
Head: Reputation and Communication
Coca-Cola Beverages Africa
Tel: +27 83 795 8524
Email: WThole-Muir@ccbagroup.com

Follow us on:
LinkedIn: https://apo-opa.co/4dfq8AC

About CCBA: 
CCBA is the 8th largest Coca-Cola bottling partner in the world by revenue, and the largest on the continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 720,000 customers with a host of international and local brands. The group was formed in July 2016 after the successful combination of the southern and east Africa bottling operations of the non-alcoholic ready-to-drink beverages businesses of The Coca-Cola Company, SABMiller plc and Gutsche Family Investments. CCBA shareholders are currently: The Coca-Cola Company 66.5% and Gutsche Family Investments 33.5%. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho, and Malawi.
Learn more at https://www.CCBAgroup.com

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Mashele targets third consecutive RUN YOUR CITY podium at Absa RUN YOUR CITY CAPE TOWN 10K

Location: MyPR

As the most consistent performer in the 2023 Absa RUN YOUR CITY Series, Precious Mashele is eagerly anticipating his second event of the 2024 series: the Absa RUN YOUR CITY CAPE TOWN 10K on Sunday, 12 May 2024. Fresh from his bronze medal win in the 5000m event at the ASA Senior Track & Field …

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Location: MyPR

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SA Emerging Women’s Squad Announced For Sri Lanka Warm-Up Clash

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Rugby’s Pathway to Africa’s Future

Location: Sport
Rugby Africa

By President of Rugby Africa, Herbert Mensah (www.RugbyAfrique.com).

Saturday April 6 marks International Day of Sport for Development and Peace. As we reflect on this day, it is crucial to explore the potential impact of sport in Africa. The African Development Bank projects that Africa is set to grow to 2.4 billion people by 2050. Therefore, prioritizing an investment in human potential is crucial, as it will define the future of the continent. Africa can harness the power of sport to champion human potential, serving as a tool to drive the African continent towards greatness for generations to come.

Sport serves as a universal language, through popularity it can transcend cultural, social, economic and political barriers. This year's theme: ‘Sport for the promotion of peaceful and inclusive societies' holds particular relevance in Africa. The impact of sport has the power to unite individuals, bringing joy to participants and spectators alike. Yet the true power of sport, lies in its ability to transform societies. South Africa's Springboks, fourth time Rugby World Champions, are a testament of the unifying influence of Rugby. During the 2023 Rugby World Cup, the entire African continent united in support of South Africa on the global stage, highlighting a collective passion to celebrate and develop talent emerging from the continent itself. Whether on the field or pitch, the power of sports is visible. It fuels economic development through the flourishing sports tourism industry. It empowers youth by instilling positive values. It champions gender equality, breaking down barriers and eradicating stigma. It fosters social inclusion, promoting tolerance and easing tensions in divisive environments.

The African Development Bank reports that Africa will remain the world youngest region, with a median age of 25. An investment in the youth is crucial for the sustainability of Africa, as a prosperous Africa paves the way to peace. Within the realm of sports, Rugby emerges as unique pathway to empower the youth. Anchored in values of teamwork, unity, integrity, passion, solidarity and discipline, Rugby serves as cornerstones for personal and professional development with enduring impact. Ultimately, early exposure to sports will prepare the youth of Africa to become leaders and ambassadors of positive change in their communities. It is our duty to equip the next generation to not only navigate the challenges of uncertainty and competitiveness but to thrive amidst them, fostering a brighter future for Africa and inspire generations to come.

In a society marked by divisions, sport cultivates an inclusive landscape. The passion for the games takes priority, differences are not seen as obstacles, but rather as opportunities for greatness. Rugby's embrace of diversity, turning differences into strengths has the powerful impact of breaking down the societal norms that women are often subjected to. For example, the South African women's national rugby team, where players exhibit a remarkable 33 cm height differential from the shortest to the tallest player, and a significant 61 kg weight gap separates the lightest from the heaviest members. When compared to the realm of football, the contrast becomes even starker. The South African women's national football team boasts a considerably more consistent size and shape among its players, with a mere 12 cm height range and a modest 27 kg weight variance. This inclusivity cultivates a sense of unity and belonging that transcends borders and celebrates the diversity of humans, nurturing a sense of self-worth, fostering long term empowerment, while creating lifelong friendships.

Beyond social impact, sport can function as a powerful catalyst for economic growth and international dialogue. Through strategic investments in sports infrastructure and competition frameworks, we forge the way for economic opportunities, generating employment and awakening local economies in host nations. Sports tourism emerges as a magnet, drawing travellers from around the globe with the economic purchasing power to experience Africa's diverse and rich cultural heritage. It acts as a unifying force, fostering connections among people of different backgrounds and nationalities. As enthusiasm for sports grows, it not only attracts local spectators but ultimately attracting attention on regional and national stages. This shared love for sports becomes a platform for cultural exchange, promoting understanding and appreciation for diverse perspectives. In this way, sport serves as more than entertainment; it is bridge that connects people and creates ties to the community, fostering unity and collaboration.

Aligning with the pursuit of the United Nation's Sustainable Development Goals, Africa has the opportunity to tap into the transformative power of sports, acting as a key to unlock the full potential of the continent. This can only be achieved if governments take local action and assume accountability to harness the full potential of Rugby in reducing inequality, empowering the next generation and igniting a new age of inclusivity. We must collectively drive change, recognizing that investing in Africa's future is our shared responsibility. This calls for collaboration among all stakeholders, with a long-term commitment to funding, policy development, infrastructure enhancement and the advancement of competition structures. On this International Day of Sport for Development and Peace, let us not only embrace the power of sports to reshape our societies but let us actively engage on unleashing it. Sport possesses the remarkable ability to positively impact our world, a source of hope, uniting people in ways that few other forces can achieve.

Distributed by APO Group on behalf of Rugby Africa.

Media contact:
Nicole Vervelde
Communications Advisor to the President of Rugby Africa
rugby@apo-opa.com

About Rugby Africa:
Rugby Africa (www.RugbyAfrique.com) is the governing body of rugby in Africa and one of the regional associations under World Rugby. It unites all African countries that play rugby union, rugby sevens, and women's rugby. Rugby Africa organizes various competitions, including the qualifying tournaments for the Rugby World Cup and the Africa Sevens, a qualifying competition for the Olympic Games. With 39 member unions, Rugby Africa is dedicated to promoting and developing rugby across the continent. World Rugby highlighted Ghana, Nigeria and Zambia as three of the six emerging nations experiencing strong growth in rugby.

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