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You are here: Home / Archives for global

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13 January 2025

SA’s natural resources can drive inclusive growth: President Ramaphosa

Location: News

SA’s natural resources can drive inclusive growth: President Ramaphosa

President Cyril Ramaphosa says South Africa’s tourism sector, largely underpinned by its natural endowments, has great potential to drive inclusive growth.

“As the festive season makes way for the start of the new year, many South Africans have been returning home from different parts of the country. Some people have been visiting family, while others have been exploring new places.

“This is a time of year when we get to appreciate why our country is such an attractive destination for visitors. We are blessed with natural splendour that is an integral part of our national heritage. It is an asset to our economy that every year draws millions of tourists from around the world to our shores,” the President said in his newsletter to the nation on Monday.

Over the past week, the President was in the Western Cape and visited Robben Island, which is one of the country’s major tourism attractions. A leading industry publication recently ranked Robben Island, alongside Table Mountain and the Kruger National Park, as among the top tourist attractions on the continent.

Beyond the substantial natural resource endowments of the beaches, national parks and biodiversity conservation areas, cultural and heritage tourism is also thriving in South Africa.

“We are home to 12 UNESCO World Heritage Sites. These include Robben Island and the Cradle of Humankind in Gauteng, which has among the largest known concentrations of Hominid fossils in the world.

“Last year, the World Economic Forum ranked South Africa as Africa’s premier tourism destination. It said this was due to factors such as our business operating environment, information technology and tourism infrastructure and services,” President Ramaphosa said.

Following a slump in tourism numbers as a result of the COVID-19 pandemic, inbound tourism is on the rise. In 2023, South Africa recorded around 8.5 million international tourist arrivals. These visitors spent over R95 billion.

Domestic tourism is the mainstay of the tourism economy. Between January and July last year, South Africans took over 21 million trips to explore their country.

President Ramaphosa said the tourism sector has the potential to be even larger than it currently is.

“We are scaling up a range of tourism promotion strategies to restore inbound tourism figures to pre-pandemic levels. These strategies include an improved tourism visa regime, streamlining the tour operator license process, increased investment in tourism infrastructure and services, and improving safety and security at tourism sites.”

The tourism sector in South Africa employs about 1.5 million people both directly and indirectly. Through the Presidential Employment Stimulus, South Africa continues to support job creation by providing work opportunities for young people as tourism monitors in different provinces and supporting tourism-related SMMEs.

Tourism is a growth area for small business development. In line with the global shift towards sustainability, figures from South African Tourism show that increasing numbers of new tourism ventures are centred around sustainable tourism and eco-friendly business practices.

This year, South Africa will host the first ever summit of the G20 on African soil. 

“We will use this opportunity to profile and actively promote South Africa as a tourism destination of choice,” President Ramaphosa said.

According to UN Tourism, the G20 economies represent over 70% of all international tourist arrivals worldwide and 82% of tourism’s global GDP. Just as Brazil did last year during its hosting of the G20 Summit, South Africa will promote the role of tourism in creating jobs and advancing sustainable development in the countries of the Global South.

The Government of National Unity has identified the growth of tourism as a vital part of creating employment. In October last year, the Minister of Tourism released a new White Paper on the Development and Promotion of Tourism in South Africa. This will guide our approach to building a sustainable, competitive and inclusive tourism industry.

“By working together as government, business and communities, we can ensure that the natural splendour of our country becomes a driver of economic growth, job creation and shared prosperity,” the President said. – SAnews.gov.za

Matona
Mon, 01/13/2025 - 10:11

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Read moreSA’s natural resources can drive inclusive growth: President Ramaphosa
9 January 2025

A Booming Continent Needs a New Payment Infrastructure

Location: Business
MultiChoice Group

Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is not for sissies, as the saying goes.

In navigating those challenges, relationships matter. It's not so much about throwing money at a problem, it's about investing time, building trust, meeting with partners and regulators, and understanding each other's needs.

Africa offers an enormous upside for those prepared to make this time investment. The continent's population is set to reach 2.5 billion (http://apo-opa.co/3W7Kp4w) by 2050, and Africa's people are embracing digital technology, as the World Bank (http://apo-opa.co/3Waln4F) confirms. They are leveraging digital connectivity to improve their lives, educate themselves, send remittances, and start small enterprises. There is value in investing in that level of human development.

The payments opportunity

Running through this African growth trajectory is a particular business thread: payments (http://apo-opa.co/3WawLxk). There are opportunities for anyone who can simplify, rationalise and standardise payments for the continent's dynamic financial economy.

An organisation in just such a position is MultiChoice (www.Multichoice.com/), the leading pan-African video entertainment provider for almost 40 years. In building a pay-TV network across the continent, with up to 23.5 million (http://apo-opa.co/3WawOJw) customers across 50+ markets, and 100 million+ monthly viewers, MultiChoice also built relationships across the continent to collect payments, for DStv, GOtv, and Showmax – potentially the only large enterprise to need such enormous breadth.

The Group has converted the opportunity that this represents, partnering with global venture-capital firm General Catalyst and payments company Rapyd to launch Moment (http://apo-opa.co/4ad1H5N), which aims to be the broadest, deepest payment network across Africa.

Launching with Showmax and DStv as initial clients, Moment started processing payments for parts of the group in January 2024. By November 2024 MultiChoice was already collecting around 35% of its revenue through Moment rails, and those numbers are rising quickly. Services to other enterprises were rolled out in August.

Moment already collects and disburses across 44 African countries, accepting 200+ local payment methods – spanning in-person payments at over 1 million store and agent locations, mobile money, credit and debit cards, bank transfers, and digital wallets.

Enabling consumers and businesses to move from cash to digital, Moment and its network offers users access to better financial opportunities, lower prices, higher quality goods and services, and full access to the digitally enabled economy.

Expanding the ecosystem

To access the initial target market of large enterprises that will benefit from the reach, breadth, and high performance needed by MultiChoice, Moment has built out a fully cloud-native infrastructure. The platform can deliver on the high daily and weekly loads needed for one of the largest billing bases on the continent, and also smoothly deal with the potential for network outages, power cuts, and other disruptions.

In order to ensure businesses have access to the daily cash flow they need, Moment has built a robust financial reconciliation and settlement system capable of automating and simplifying the daily reconciliation process for enterprises and enabling them to spend tight staffing budgets efficiently, while getting fast, accurate financial reporting and access to their receivables.

To help these enterprise customers expand their customer bases, Moment opens up the largest mass-market suite of payment channels through its network, enabling businesses to fully tap into the mass market's buying power for the first time with a single API connection – providing access to more than a million in-person payment locations across spaza shops, modern retail locations, and a host of online payment options tuned to the needs of each local market.

To ensure that Moment's clients and the market are ready for the future, Moment is building a “coalition” around real-time payments, to educate consumers on the benefits of PayShap and other real-time payment methods that can significantly reduce cost and increase payment speed. DStv and Moment launched PayShap payments in South Africa as the first “consumer to business” real-time payment option built on South Africa's RPP payments system. Moment has developed partnerships with similar systems in the SADC countries and Nigeria to expand real-time payments as the market evolves.

Simplifying the process

One of the reasons MultiChoice first looked at the payments space was precisely because it is a complex environment, characterised by multiple service agreements, commission rates and exchange rates. It made sense to try to simplify the payments landscape, for everyone's benefit.

Africa is a challenging territory, but Africans are agile and innovative. Trends and new solutions emerge constantly. Any platform entering this space must recognise that there isn't one answer; there are many. By partnering with MultiChoice, Moment has built out technology with the flexibility to configure the right solution for each market.

The upsides of building for the challenging scale of MultiChoice as a launch client are significant – other enterprises Moment is working with have built unwieldy daily financial operations to manage their own complexity. Anecdotally, one merchant maintains a staff of 75 people doing reconciliations for their business – operations that can be automated and streamlined leveraging the Moment platform. Moment presents a vast opportunity in simplifying that process, automating it, while enabling customers to focus on their core business and customer relationships.

Africa is the largest single opportunity in the world. As our population booms over the next 20 years, many new business foundations will need to be laid across the continent – especially in the area of payments.

Payments are the lifeblood of Africa's economy. Enabling them efficiently and cost-effectively, across the continent, ensures Africa performs to its full potential. Through the partnership with MultiChoice, Moment is well positioned to be at the core of this transformation for decades to come.

Distributed by APO Group on behalf of MultiChoice Group.

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9 January 2025

Reyneke Reflects on Series Win Ahead of the World Cup

Location: Sport

FRANSCHOEK: The SA U19 Women have concluded their three-match T20 series against USA U19 Women, winning the series 2-1 after a...

Read moreReyneke Reflects on Series Win Ahead of the World Cup
6 January 2025

Capping Future Stars of the Game Ahead of ICC U19 Women’s T20 World Cup

Location: Sport

NEWLANDS: In a proud and symbolic moment, the South Africa U19 Women’s World Cup Squad were officially capped at a special...

Read moreCapping Future Stars of the Game Ahead of ICC U19 Women’s T20 World Cup
2 January 2025

President mourns passing of former Minister of Education

Location: News

President mourns passing of former Minister of Education

President Cyril Ramaphosa has expressed his deep sadness at the passing of Professor Sibusiso Bengu, the democratic South Africa’s first Minister of Education, who has passed away at the age of 90.

According to a statement released by the family, Bhengu died in his sleep on Monday, 30 December, at his home in KwaZulu-Natal.

President Ramaphosa offered his condolences to the family and friends of Prof Bengu, who also served as South Africa’s Ambassador to Germany from 1999 to 2003.

“My thoughts are with Mama Funeka and the family, with whom we are united in this loss.

“Prof Bengu was a pioneering leader of our democratic dispensation and administration, who led the transformation of education in a democratic Government of National Unity, where deep divisions existed about how far this transformation should go.

“Under apartheid, the injustice of unequal education had been at the core of consigning most citizens to intergenerational economic exclusion, poverty and indignity,” President Ramaphosa said. 

The President highlighted that the Education Act formulated under Prof Bengu’s leadership and adopted by the country’s fledgling Parliament was a cornerstone of its liberation and unleashed the human potential of all South Africans. 

He said that it was and is still the lever for the empowerment and development seen in the lives of individuals and communities today.

“We are therefore indebted to Prof Bengu for his patriotic and visionary service in serving our nation at home and abroad as our Ambassador to Germany.

“His legacy is entrenched through the Sibusiso Bengu Development Programme, which seeks to advance the development of historically disadvantaged institutions in higher education as strong, socially embedded institutions in a diversified post-school education and training system.

“Today, we are grateful for Prof Bengu’s diverse contributions to our development, which will light our way forward. We reflect as well on his life of faith, which inspired his commitment to restoring the dignity of all South Africans. May his soul rest in peace,” President Ramaphosa said. 

Prof Bhengu’s life and times

Born in Kranskop, Natal, Prof Bhengu embarked on his teaching career in 1952, later founding Dlangezwa High School in 1969, where he served as principal until 1976. 

His leadership extended to the University of Zululand, where he became Dean of Students before leaving South Africa in 1978. His academic achievements were groundbreaking, earning a PhD in Political Sciences from the University of Geneva and becoming the first black Vice-Chancellor of Fort Hare University in 1991, marking a pivotal moment in higher education reform.

In 1994, Prof Bhengu was appointed by President Nelson Mandela as South Africa's first Minister of Education in the democratic era. 

He spearheaded the unification of 17 fragmented education departments into a single system, introduced Curriculum 2005 to overhaul the school curriculum, and worked tirelessly to dismantle the structural inequalities of apartheid education. 

Following his impactful tenure, he represented South Africa as Ambassador to Germany, showcasing his dedication to upholding the nation’s dignity on the global stage.

Prof Bhengu’s political journey began as Secretary-General of Inkatha yeNkuleleko yeSizwe in 1974. 

After leaving South Africa in 1978, he collaborated with the late ANC President, Oliver Tambo, during his years in exile. 

While working with the Lutheran World Federation in Geneva, he continued his commitment to justice and equality. Upon his return to South Africa in 1991, Prof Bhengu resumed his lifelong dedication to education and liberation, leaving a legacy of transformative leadership and unwavering service to the nation. – SAnews.gov.za

DikelediM
Thu, 01/02/2025 - 09:51

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30 December 2024

Condolences for former US President Jimmy Carter 

Location: News

Condolences for former US President Jimmy Carter 

President Cyril Ramaphosa has described former United States of America President Jimmy Carter as a compassionate leader and a champion of human rights following his passing at the weekend.

“I am deeply saddened by the passing of former United States President Jimmy Carter who we remember as an outstanding, compassionate leader and champion of human rights and peace globally,” he said in a post on X.

According to CNN, the former President passed away at the age of 100 in Georgia on Sunday.

In his reflection of the former President of the US, President Ramaphosa said Carter was an outspoken critic of the apartheid state at a time when the regime was trying to ingratiate itself with influential economies around the world and justify its inhumane policies. 

“Among his many distinguished roles, President Carter holds a special place in our history as a member of The Elders, a collective of global leaders brought together on President Nelson Mandela’s 89th birthday in 2007 to be independent moral voices for peace and leadership. 

“President Carter’s record includes his engagement in diverse peace negotiations around the world and his unequivocal categorisation of the denial of fundamental human rights and statehood to the people of Palestine as a manifestation of apartheid,” said President Ramaphosa on Monday.

He added that the former statesman justly deserved the 2002 Nobel Peace Prize for “his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development”. 

“We celebrate his legacy, his extended lifetime and his enduring ideas. May his soul rest in peace,” said the President in his post. -SAnews.gov.za 
 

Neo
Mon, 12/30/2024 - 14:07

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27 December 2024

Mozambique Prepares to Tap into Liquefied Natural Gas (LNG) Potential

Location: Business
African Energy Chamber

With plans underway to restart construction of the delayed $20 billion Mozambique LNG project, which promises to produce 13.1 million tonnes of LNG per year for domestic use, it has never been more important to prioritise peace and stability in Mozambique. Following the 2024 general elections, violence during protests has rocked the country, leading to unrest and instability. As the voice of Africa's energy sector and an advocate for Mozambican prosperity, the African Energy Chamber (AEC) (www.EnergyChamber.org) fully supports the country's government and calls for peace, stability and sustainable development as Mozambique enters a new era of energy growth.

Since the discovery of significant natural gas deposits off Mozambique's northern coast in 2010, expectations for the country's economic prosperity have soared. An IMF report predicted $500 billion in total revenues by 2045 and average annual real GDP growth of 24% from LNG exports between 2021 and next year. Energy majors TotalEnergies, ExxonMobil and Eni are developing integrated LNG projects, while new upstream companies are entering the market and gas-to-power projects are nearing completion.

Projects such as Coral Sul LNG, the Rovuma LNG facility and the Temane gas-to-power plant have the potential to attract billions of dollars in investment and revenues while providing stable energy to over 2 million homes by 2030. These developments represent not only a success story for international investors, but also a success story for Mozambique. The country is positioned as one of the most dynamic gas markets on the African continent, with offshore reserves that could push it into the world's top ten producers, accounting for up to 20% of African production by 2040.

Geopolitically, these industrialization efforts could benefit the Southern African region as a whole and transform the country into an energy hub for neighboring countries such as Zimbabwe, Tanzania, Zambia, Malawi, Swaziland, and South Africa. In addition, a 2,700 km coastline along the Indian Ocean makes Mozambique a gateway for ships crossing the hemisphere, allowing it to specialize in efficient and global energy production while diversifying access to quality goods at low prices from markets in Asia, India, Europe, and America.

For Mozambique to realise its immense potential, however, it is essential that the country remains firmly committed to political stability and sustainable development. A peaceful and stable environment is the foundation on which the international community can confidently build long-term partnerships, ensuring that the immense opportunities presented by the development of its natural resources translate into tangible benefits for all. Mozambique's journey to becoming a leading energy producer is intimately linked to its ability to promote unity, security and democratic principles. A sustained commitment to peace will not only reassure international investors, but will also strengthen the country in a way that drives broad-based prosperity for its people and solidifies its role as a key player in Africa's energy future.

“Peace and stability are essential for Mozambique to unlock its immense economic potential. As the country emerges as a global energy hub, the confidence of the international community rests on a unified and secure nation. A commitment to peace will not only ensure the success of the multi-billion dollar energy projects, but will also ensure long-term prosperity, driving sustainable growth for Mozambique and the entire Southern African region. To achieve this, the government must find common ground and reach agreements that translate into long-term benefits for all the people of the country,” said NJ Ayuk, Executive Chairman of the AEC.

In the interest of Mozambique's prosperity, social well-being and economic development, the AEC calls on the government and opposition to strike a balance and commit to post-colonial and post-conflict stability. Mozambique is at a crossroads: one path leads to increased instability, while the other has the potential to transform the country into a trusted partner in the global energy community.

Distributed by APO Group on behalf of African Energy Chamber.

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26 December 2024

G20: A win for South Africa; a win for Africa

Location: News

G20: A win for South Africa; a win for Africa

South Africa’s Presidency of the G20 is a first for the African continent and provides a platform for the African continent’s voice to be better heard, writes Neo Semono.

A few weeks ago, on 01 December 2024, South Africa took over the Group of 20 baton from its fellow BRICS sister country Brazil. 

While the G20 is an international forum of developed and developing countries seeking  solutions to the globe’s economic and financial issues, I, like many others, feel a sense of pride knowing that an event of such magnitude is to be held on African soil come next November, and that South Africa now holds the Presidency of this enormous global body and forum.

We will certainly make the world proud, just as we have done with other global events like the 2010 Soccer World Cup, the 17th Conference of the Parties (COP17) of the United Nations Framework Convention on Climate Change, BRICS, the World Conference Against Racism, and the World Economic Forum (WEF) Africa, to name a few. 

The United States of America, France, Germany, the United Kingdom, China and India are some of the member countries of the G20 that was founded in 1999 as an informal forum. 

The respected forum began its life following the Asian financial crisis of 1997-1998. The Finance Ministers and Central Bank Governors of the most important industrialised and developing economies met to discuss international economic and financial stability.

In its earlier days, the forum focused on macroeconomic issues but has since expanded its agenda to include trade, health and climate change, among others. 

The G20 members represent 85% of global Gross Domestic Product (GDP) and it may hold true that having the Presidency held by an African country, could work favourably to help African countries win the ear of the developed world - in turn helping the continent achieve its objectives of tackling economic growth, ending poverty and mitigating climate change, among others.

From the bat, South Africa as the only African country forming part of the G20, has been vocal about bringing African issues to the G20 agenda. 

During Nigerian President Bola Ahmed Tinubu’s visit to South Africa recently, President Cyril Ramaphosa said South Africa “will place Africa’s development and the challenges facing countries of the Global South firmly on the G20 agenda.”

“We will seek to galvanise support for the AU’s Agenda 2063, as we pursue an inclusive global agenda,” the President said in his talks with his West African counterpart.

Agenda 2063 is the African Union’s (AU) development blueprint to achieve inclusive and sustainable socio-economic development over a 50-year period. Among its goals is to have a high standard of living, quality of life and well-being for all citizens, as well as the African continent taking full responsibility for financing her development.

The President’s remarks are intrinsic to the core of South Africa’s DNA of seeking inclusivity, not only within her peoples, but with the people of the world too. 

Realising that just as no person is an island, no country is an island, and the President has said that the country would support Nigeria’s quest to become part of the G20. 

This after the AU joined the European Union (EU) in becoming the second regional body to form part of the group in September 2023.

In assuming the Presidency of the G20 under the theme:  “Solidarity, Equality, Sustainability”  - South Africa has hit the ground running having hosted the first Sherpa meeting on 9 and 10 December.

For those like myself who have to become acquainted with the new buzz words – Sherpas are responsible for taking the discussions and agreements made during G20 meetings held ahead of the summit, to Heads of State and Government at the final Leaders’ Summit, next year. 

South Africa’s Sherpa is the Director-General of the Department of International Relations and Cooperation, Zane Dangor, who is supported by Sous-Sherpas, Ambassador Xolisa Mabhongo and Advocate Nokukhanya Jele.  Sous-Sherpas are senior officials who support a Sherpa in preparing for the Summit – think sous-chef. 

Dangor described the meeting as “very successful, robust and inclusive”.

The purpose of the G20, what has been achieved, as well as what has not been achieved were among the issues on the table at the meeting.

If anything, the meeting was a clear indication that the forum is not a window dressing exercise but a frank assessment of issues under the microscope and finding solutions to the challenges at hand.

With only a few weeks into the Presidency of the G20, South Africa is not sleeping on the job, but has hit the ground running. 
It will take all sectors of society to make this Presidency a success. Let our ubuntu, the scenery of our beautiful country, frankness to speak our mind, and the ability to find solutions to challenges come to the fore. We ought to do it for ourselves and future generations.

Like we as a nation, had made an impact on all who graced our land in 2010 - let us make a similar, if not bigger impact on those who will grace our land next November. It will be time for us as a nation to showcase our sparkly spirit again to the world! And leave them coming back for more- SAnews.gov.za

Neo Semono is a Features Editor at SAnews.gov.za 

 

Neo
Thu, 12/26/2024 - 08:00

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Read moreG20: A win for South Africa; a win for Africa
24 December 2024

Deputy President wishes nation a safe festive season

Location: News

Deputy President wishes nation a safe festive season

Deputy President Paul Mashatile has urged all road users to adhere to the rules of the road as holiday makers travel around the country, to ensure a safe festive season.

“[We] urge those who are driving during this period to please adhere to the rules of the road. Don’t drink and drive, no speeding, wear seat belts and take time to rest when driving long distances. We want everybody to arrive alive at their destinations,” he said in a recorded message to the nation. 

Deputy President Mashatile called on all citizens not to partake in excessive alcohol use during the holiday season.

“During the festive season, we must be mindful of alcohol and substance abuse. While celebration brings joy, it can also lead to overindulgence and unhealthy behaviours.

“Excessive drinking can impair judgment and cause accidents, especially on the roads. Alcohol and substance abuse can cause conflicts, leading to strained relationships in families.

“We urge all South Africans to remain responsible this festive season not to drink and drive. Drinking and driving endangers the lives of passengers, pedestrians, and other road users,” he said.

Deputy President Mashatile appealed to communities to remember the less fortunate over the festive season.

“As we celebrate…let us remember the families who are grieving the loss of their loved ones during the year. Let us also remember those who died on our roads; those who were victims of crime; and those who succumbed to various illnesses.

“To those who are in hospitals, we extend our best wishes and speedy recovery. We should remember those who are the less fortunate and share whatever we have with them so they too can feel the love and compassion as we engage in festivities,” he said.

Tackling challenges

Reflecting on the year that was, the Deputy President described 2024 as a significant one for the country.

“The year 2024 was an important year to all South Africans as we celebrated 30 years of democracy. South Africans were engaged in many activities that continued to make our democracy vibrant and make us remain a resilient nation.

“This year was also in some respect a turbulent one for many South Africans with wavering events that tested our resilience and unity as a nation. I would like to thank all South Africans for having participated in free and fair elections on the 29th of May this year. The outcome of this election sent a clear message to political parties in Parliament to work together to find solutions to the problems that our people are facing,” he said.

Deputy President Mashatile acknowledged the current economic challenges facing the country.

“Our economic challenges remain a constant feature in our struggle to reduce the cost of living. We remain committed to bringing under control the rising cost of transport, electricity and the cost of food that has become a huge burden to many South Africans.

“The Quarterly Labour Force Survey for the third quarter of 2024 showed a significant decrease in unemployment, yet millions remain unemployed.

“According to a World Bank report, our nation continues to be one of the most unequal societies in the world,” he said.

He assured that government is working on and implementing solutions to those challenges.

“Government is implementing plans to ensure inclusive economic growth to create jobs and has invested significantly in the social wage package to reduce inequality and address the worst effects of poverty.

“This package includes free basic services - health, education, and social housing for the poor, as well as extensive social security grants for the elderly and other vulnerable groups in our communities,” he said.

The Deputy President gave a nod to government’s “intensified efforts to attract investment by raising investor’s confidence in the economy”, the efforts to end load shedding and government’s work to resolve other challenges.

“This is the first winter that we spent without load shedding in five years. We thank the men and women in the Public Service for their hard work. We also thank the private sector for their contribution as we continue to keep the lights on and invest in Renewable Energy as we move towards the Just Energy Transition (JET).

“President Cyril Ramaphosa has established the Water Task Team this year to address water challenges in various parts of the country. 

“Government has also intervened to deal with the problem of illegal spaza shops and selling of illicit goods and food to communities. Many were affected by food- borne illnesses that saw many children lose their lives. Government has also adopted stringent measures to combat crime, corruption and also curb the illegality of Zama-Zamas,” he said.

On Gender Based Violence and Femicide, Mashatile urged communities to work with government to root out the scourge.

“We recently concluded the 16 Days of Activism for No Violence Against Women and Children, which underscores our collective responsibility to combat the scourge of Gender Based Violence and Femicide.

“However, sixteen days are not enough; we must come together as communities to address and combat GBVF throughout the entire year. We commend men who are participating in the “BETTER MAN 4 TOMORROW” campaign and stood up to commit against GBVF, HIV/AIDS, TB and STI’s. We urge more men to partake in this campaign,” the Deputy President insisted.

Reflecting on the good

Mashatile took time to acknowledge the efforts of South Africans from all sectors who contributed to raising high the national flag.

“Let me extend our gratitude to the civil servants and frontline workers who have worked tirelessly throughout the year. We also wish to pay tribute to thousands of matriculants who are awaiting their results. We are confident that you have done your best and will make us proud.

“Team South Africa represented the nation at the 2024 Olympic and Paralympic Games in Paris, France, and won six medals. The Springboks are now ranked number one in Men’s Rugby in the world and Bafana-Bafana have qualified for the Africa Cup of Nations. We are also closing the year on a high note, celebrating the historic double victory of the South African Women (SPAR Proteas) and Men’s Netball Teams.

“We also congratulate Tyla for winning a Grammy Award and applaud her contribution towards making South Africa to be recognised on this global platform,” he said.

The Deputy President wished the nation happy holidays as the year draws to a close.

“I urge every one of us to continue to work together to build a truly non-racial, non-sexist, and prosperous South Africa, united in our diversity.

“On behalf of the South African government, I wish you a merry Christmas and prosperous New Year,” Deputy President Mashatile concluded. – SAnews.gov.za

 

NeoB
Tue, 12/24/2024 - 10:23

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24 December 2024

Angola Cables Executive Rui Faria to Also Represent West Africa on the International Advisory Body for Submarine Cable Resilience

Location: Business
Angola Cables

Angola Cables (www.AngolaCables.co.ao), an internationally established ICT and digital solutions and network services provider, is proud to announce the appointment of its Executive Board Member and Chief Commercial Officer, Rui Faria, to the newly established International Advisory Body for Submarine Cable Resilience.

This representation on the 42-member advisory body comes at an opportune time, following widespread internet outages, across several African countries, earlier this year caused by damage to international undersea cables running along the West African coastline.

These disruptions have underscored the region's urgent need for greater infrastructure resilience. With growing reliance on digital networks for economic growth, trade, and innovation, safeguarding these undersea data corridors is vital for West Africa's development.

The International Advisory Body for Submarine Cable Resilience was established by the International Telecommunication Union (ITU), the United Nations Agency for Digital Technologies, and the International Cable Protection Committee (ICPC). Its goal is to enhance the reliability and safety of submarine cables, which are the backbone of global and regional connectivity.

Subsea cables facilitate over 99% of international data exchange, supporting communication, financial systems, cloud services, and digital economies worldwide. The multi-stakeholder advisory body includes government ministers, regulatory authorities, industry executives, and senior telecommunication cables experts.

With more than 30 years of experience in Africa's subsea cable sector, Faria was invited by the Angolan Ministry of Telecommunications, Information Technologies, and Social Communication (MINTTICS) to take up this advisory role as the government looks to diversify its economy and improve telecoms infrastructure within the country. 

“West Africa's recent experience with submarine cable failures has highlighted the fragility of our connectivity networks and the critical need for proactive solutions. As part of the International Advisory Body, we will work towards identifying vulnerabilities and implementing measures to ensure these vital cables remain operational and resilient. Strengthened collaboration and innovation will help mitigate disruptions and secure West Africa's digital future,” said Faria.

Fernando Fernandes, CEO of TelCables Nigeria, Angola Cables subsidiary, emphasised the importance of this appointment for the region, saying, “We are honoured that Rui has been selected to represent West Africa on the Advisory Body for Submarine Cable Resilience. Submarine cables are the foundation of modern economies, and their stability is paramount for enabling global and regional growth. We believe this initiative will go a long way towards building resilience, ensuring uninterrupted worldwide connectivity, and unlocking new economic opportunities for West Africa.”

Angola Cables' participation in the Advisory Body underscores its commitment to initiatives that safeguard critical telecom infrastructure and support national and regional development. In this regard, the company also supports scientific research into naturally occurring cable failures, including the groundbreaking work conducted by the Department of Geography and Earth Science at Durham University in the Congo River Canyon Crossing in West Africa.

“Consultation, cooperation, and collaboration between countries and all technical and scientific stakeholders will ensure that we can implement better measures to safeguard submarine cable infrastructure and the integrity of the undersea data corridors, the lifeblood of our global, digital-enabled economy. On a regional front, they will enable West Africa to remain connected, competitive, and positioned for sustained digital and economic growth,” concluded Faria. 

Distributed by APO Group on behalf of Angola Cables.

NOTE TO EDITORS:  
About Angola Cables:
Angola Cables is an internationally established ICT and digital solutions and network services provider.  The company specialises in connectivity solutions for the wholesale market and offers tailored digital services and solutions across multiple industries, including Cloud resources for the corporate enterprise sector.

Known for its innovation, Angola Cables operates a robust global backbone network, providing access to major IXPs, Tier I operators, and global content providers. With more than 30 PoPs and connections to 66 interconnected Data Centres and 6000 peering agreements, traffic over its international network is in excess of 18 500 Tbps.

The company has its own submarine cable network spanning over 33,000 kilometres (WACS, SACS, and MONET) and extends its services to over 50,000 kilometres through partner cables, connecting the Americas, Africa, Europe, and Asia.

Additionally, the company operates two world-class Data Centres, AngoNAP Fortaleza in Brazil and AngoNAP Luanda in Angola. Angola Cables also manages PIX in Brazil and Angonix in Angola - one of the leading internet traffic exchange points in Africa that directly connects to over 21 IXPs worldwide.

With a significant international presence, Angola Cables is expanding its operations into strategic markets such as Brazil, South Africa, the United States, and Nigeria. The company promotes intercontinental interconnection, driving digital and economic development, and ranks among the top 25 internet service providers in the world today.

*The Center for Applied Internet Data Analysis (CAIDA) 2023

For more information, visit the website: www.AngolaCables.co.ao

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Read moreAngola Cables Executive Rui Faria to Also Represent West Africa on the International Advisory Body for Submarine Cable Resilience
24 December 2024

Commission to probe access to capital for low- and middle-income countries

Location: News

Commission to probe access to capital for low- and middle-income countries

A Cost of Capital Commission which will investigate issues that impair the ability of low- and middle-income countries to access affordable capital is set to be launched under South Africa’s G20 Presidency, said International Relations and Cooperation Minister Ronald Lamola.

“I wish to take this opportunity to announce that under South Africa's G20 Presidency, an ambitious Cost of Capital Commission will be established to investigate the issues that impair the ability of low- and middle-income countries to access sufficient, affordable, and predictable flows of capital to finance their environmentally responsible and socially inclusive development plans,” Lamola said.

The Minister was delivering a virtual address at the Jubilee and Caritas Internationalis Leaders’ Press Conference held at the at Salone San Pio X in Vatican City, on Monday.

The Minister said the Commission will deliver a comprehensive expert review on the issues impacting the cost of capital for developing economies, which could help address future debt sustainability issues and the related fiscal space challenges.

Having taken over the Presidency of the G20 on 1 December, South Africa’s theme for the Presidency is: “Solidarity, Equality, Sustainability.”

In his address, Lamola said South Africa has identified inequality as the most significant threat to our collective future.

“This inequality is most prevalent in the Global South and is manifested through critical challenges such as a lack of predictable and sustainable financing, a dire shortage of capacity building for climate action, and crippling debt that forces many countries to abandon their developmental programs just to service exorbitant debts. 

“The situation is so severe that it feels as if entire nations are being suffocated under the weight of these overwhelming burdens.”

The press conference launched the campaigns on debt relief in 160 countries for Jubilee 2025.

The 23 December St. Peter’s Press Conference explains the themes of debt cancellation lifted for special Jubilee Years among faith communities.

The high-level press panel took place ahead of Pope Francis beginning Jubilee 2025 by opening the Holy Jubilee Doors and Calling for global debt relief. The Jubilee will officially end with the closing of the Holy Door in St. Peter’s Basilica, on 6 January 2026. 

Lamola added that South Africa acknowledges and appreciates the work of the Catholic Church, under the leadership of His Holiness, Pope Francis, to urge the world to do more to free developing countries from the debt trap, which is causing untold “misery and despair” and depriving the citizens of these countries of their human dignity, stifling their ability to reach their full potential.

“We welcome the launch of debt relief initiatives in 160 countries for Jubilee 2025, which will undoubtedly significantly help alleviate the economic and social distress in these countries,” said the Minister.

Lamola said tackling inequalities to enable developing countries to lift themselves out of the quicksand of debt also requires accelerating reform of the international financial architecture. 

“We will use our G20 Presidency to contribute to reinvigorating and strengthening multilateralism and creating consensus around issues that affect our collective future. To effectively respond to global realities, multilateral mechanisms and institutions must be strengthened and reformatted.” 

The Minister added that there was hope for the future.

“Indeed, we call on faith leaders from across the globe to continue to guide us with their wisdom, compassion, and deep spirituality to restore hope and trust to the most vulnerable,” he said. -SAnews.gov.za

 

Neo
Tue, 12/24/2024 - 08:58

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20 December 2024

Reyneke To Captain Junior Proteas In U19 Women’s T20 World Cup In Malaysia

Location: Sport

JOHANNESBURG: Cricket South Africa (CSA) is proud to announce the South Africa Under-19 Women’s squad that will represent the nation...

Read moreReyneke To Captain Junior Proteas In U19 Women’s T20 World Cup In Malaysia
20 December 2024

Botswana’s new administration lifts ban on SA vegetable imports

Location: News

Botswana’s new administration lifts ban on SA vegetable imports

International Relations and Cooperation Minister, Ronald Lamola, has welcomed Botswana’s commitment to strengthening ties and promoting trade with South Africa. 

This follows Lamola receiving a letter from his counterpart in Botswana, Dr Phenyo Butale, informing him of the new administration’s decision to lift the ban on vegetable imports from South Africa gradually.

“This letter follows a congratulatory message sent by Minister Lamola to Dr Butale on his appointment as Minister of International Relations of the Republic of Botswana,” the statement read on Thursday. 

The previous administration of Botswana, led by President Mokgweetsi Masisi, imposed a ban on South African produce to support domestic farmers and reduce reliance on imports.

“Minister Lamola welcomes Botswana’s commitment to fostering closer ties and facilitating trade with South Africa,” the department said. 

The department has described Botswana as a significant trade partner for South Africa, accounting for approximately 15% of our country’s total vegetable exports as of 2021. 

At the time of the ban, the department reported that South Africa’s vegetable exports to Botswana fell by nearly half to R272 million in 2023.

“In the spirit of strengthening regional integration, lifting the ban also paves the way for stronger collaboration between the countries in agricultural development and trade, as well as deepening cooperation in the regional value chain.”

The department believes South Africa possesses advanced agricultural technologies that could benefit Botswana’s efforts to boost domestic agricultural production. 

“These initiatives will be explored and underscored during the upcoming sixth session of the South Africa-Botswana Binational Commission, which Botswana will host in 2025.

“South Africa also looks forward to strengthening cooperation with Botswana to advance the African agenda at regional, continental, and global levels.” – SAnews.gov.za

Gabisile
Fri, 12/20/2024 - 10:02

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20 December 2024

The Future of Collaboration: How LG CreateBoard is Redefining Workplace Productivity

Location: Business

LG Electronics
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Collaboration technology has become the norm in the modern workplace. Nowadays, various advanced tools, platforms, and systems are available to businesses and professional environments to boost productivity, communicate effectively, and foster better teamwork.

A growing category of collaborative display technology is large, interactive touchscreen displays that combine the features of a digital whiteboard with conferencing tools. These impressive systems are the way forward for organisations that value brainstorming sessions, real-time collaboration, integrated video conferencing, and overall increased focus and creativity among team members.  

Reshaping the future of work

Technology plays a vital role in the changing workplace landscape because of the adoption of hybrid and remote work in recent years. Some of the most crucial methods to facilitate improved collaboration, communication, and productivity—no matter the physical distance—are using digital tools and platforms.

“Companies and organisations often struggle to promote effective collaboration between teams across different time zones or even continents,” says Tyrone Young, Head of Sales for Information Display and Information Technology at LG Electronics South Africa. “That is why there is such a need for innovative tech solutions like interactive displays to bridge the gap.”

Introducing the future of hybrid work

One system that is a leader in collaboration technology is the LG CreateBoard TR3DK series (http://apo-opa.co/404hUXN). While this cutting-edge collaboration display is widely used in classrooms, it is also designed to enhance corporate collaboration during meetings, brainstorming sessions, or training programs.

An impressive feature of the LG CreateBoard collaboration display is the multi-touch interaction which supports up to 40 touch points on the display at the same time. Moreover, the CreateBoard features cloud integration, making it ideal for group projects.

Speaking of collaborative projects, the LG CreateBoard is equipped with built-in collaboration tools like a digital whiteboard and ConnectedCare DMS for remote management. On top of that, using Smart Viewing Mode, multiple materials can be displayed side by side, making for productive and efficient presentations.

Maximising corporate collaboration

Several great advantages of using the LG CreateBoard in the workplace include smooth, well-organised workflows, improved meetings, and better team collaborations. For businesses where employees are split physically, the LG CreateBoard almost acts like a central hub where everyone can participate no matter where they are located.

“The LG TR3DK is an interactive, high-resolution digital display that is quintessential for streamlining workflows and improving efficiency” explains Young. “How? It provides easy cloud integration and remote device management for both IT teams and end users.”

Collaborative display technology in action

There are many examples of real-world applications of the LG TR3DK Collaboration Display in the work environment. For one, the LG CreateBoard is ideal in boardroom settings for interactive client presentations, whether that be for data visualisation, project updates, or a sales pitch. Another real-world application is using it for various training and learning sessions and workshops. This is particularly beneficial because it allows remote learners to participate and it allows for better hands-on learning.

All-in-all the LG CreateBoard is the ultimate tool for project collaboration. The multi-touch interface is a great way to encourage team members to include their real-time input, feedback, thoughts, and decisions.

“The TR3DK is a game-changer for the modern workplace,” states Young. “It breaks down communication barriers and equips teams with the tools they need to stay productive and connected in any environment.”

Looking ahead

In a world where workplaces are becoming more and more global, remote, or hybrid, collaboration technology plays a vital role. Advancements such as the LG CreateBoard collaboration display can completely change the way the workforce communicates, engages, develops, and shares information.

“LG is well-known for its innovative solutions and their focus on collaboration technology shows how they are transforming the modern work environment into a more productive place,” concludes Young.

Distributed by APO Group on behalf of LG Electronics.

Read moreThe Future of Collaboration: How LG CreateBoard is Redefining Workplace Productivity
19 December 2024

Minister Lamola Welcomes Botswana’s Commitment to Fostering Closer Ties and Facilitating Trade With South Africa

Location: News

Republic of South Africa: Department of International Relations and Cooperation
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On 18 December 2024, Minister Ronald Lamola received correspondence from his counterpart in Botswana, Dr Phenyo Butale, informing him of the new administration's decision to gradually lift the ban on vegetable imports from South Africa. This letter follows a congratulatory message sent by Minister Lamola to Dr Butale on his appointment as Minister of International Relations of the Republic of Botswana.

Minister Lamola welcomes Botswana's commitment to fostering closer ties and facilitating trade with South Africa. Botswana is a significant trade partner for South Africa, accounting for approximately 15% of our country's total vegetable exports as of 2021. At the time of the ban, South Africa's vegetable exports to Botswana decreased by almost half to R272 million in 2023. In the spirit of strengthening regional integration, lifting the ban also paves the way for stronger collaboration between the countries in agricultural development and trade, as well as deepening cooperation in the regional value chain.

South Africa possesses advanced agricultural technologies that could benefit Botswana's efforts to boost domestic agricultural production. These initiatives will be explored and underscored during the upcoming sixth session of the South Africa-Botswana Binational Commission (BNC), which will be hosted by Botswana in 2025.

South Africa also looks forward to strengthening cooperation with Botswana to advance the African agenda at regional, continental, and global levels.

Distributed by APO Group on behalf of Republic of South Africa: Department of International Relations and Cooperation.

Read moreMinister Lamola Welcomes Botswana’s Commitment to Fostering Closer Ties and Facilitating Trade With South Africa
19 December 2024

President Ramaphosa signs National Nuclear Regulator Amendment Bill into law

Location: News

President Ramaphosa signs National Nuclear Regulator Amendment Bill into law

President Cyril Ramaphosa has signed into law the National Nuclear Regulator Amendment Bill, which provides for nuclear safety oversight, ranging from the decontamination of defence facilities, to airline pilot safety.

The National Nuclear Regulator Amendment Bill marks a significant step in enhancing nuclear safety and aligning South Africa with global regulatory standards. 

The Amendment Bill amends the National Nuclear Regulator Act of 1999 to align it with current international regulatory best practices as determined by the International Atomic Energy Agency (IAEA).

“This alignment is necessary because South Africa is one of the founding members of the IAEA and is a signatory to various international conventions governing nuclear safety, as promulgated by the IAEA.

“The law gives the National Nuclear Regulator additional functions and provides for the decontamination, decommissioning and closing of national defence force facilities, equipment, machinery and scrap for civilian use,” the Presidency said in a statement on Wednesday.

The Presidency said the Amendment Bill inserts new definitions, amends certain definitions, and removes obsolete definitions, in order to align with IAEA international best practices.

“The law now empowers the Regulator to exercise regulatory oversight to provide nuclear safety assurance, that property of the South African National Defence Force (SANDF), designated for release for civilian use, will not cause radiation harm. The Bill also empowers the Regulator to exercise regulatory oversight over occupational exposure of aircrew to cosmic radiation flying below 49 000 feet.

“The new law provides for the control and management of the affairs of the Regulator, including the term of office of the board and the establishment of board committees, and expands the scope of activities which cannot be undertaken without obtaining authorisation from the Regulator,” the Presidency said. 

The amended law also excludes the application of the Defence Act of 2002 – which deals with permits for and inspection of - naval vessels of a foreign state that are visiting South Africa, in view of the challenges of foreign forces disclosing details of naval vessels to host countries.

The signing of the National Nuclear Regulator Amendment Bill means stronger protections for ordinary South Africans against the risks associated with nuclear materials and activities. 

In simple terms, the National Nuclear Regulator Amendment Bill means:

  • Safer Defence Facilities: Old military equipment or sites that might have been exposed to nuclear materials will now be thoroughly cleaned and checked before being reused or repurposed for civilian use. This ensures they are safe and will not pose any radiation risks.
  • Protection for Airline Crews: Airline pilots and cabin crew flying at high altitudes are exposed to cosmic radiation. The new law ensures this exposure is monitored and regulated to keep them safe.
  • Stronger Oversight: The National Nuclear Regulator now has clearer rules and more power to ensure all activities involving nuclear materials are strictly controlled, protecting people and the environment from potential harm.
  • Global Standards: The updated law brings South Africa in line with international nuclear safety best practices, ensuring the country meets the highest safety standards. - SAnews.gov.za

DikelediM
Thu, 12/19/2024 - 12:16

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18 December 2024

Concern over Limpopo Liquor Traders’ rejection of new trading hours

Location: News

Concern over Limpopo Liquor Traders’ rejection of new trading hours

The Central Drug Authority (CDA) has noted with concern the Limpopo Liquor Traders Association's rejection of the proposed trading hour regulations - aimed at curbing the harmful effects of alcohol abuse in the province. 

The amendment to the Limpopo Liquor Act stipulates that no establishment will be allowed to sell liquor after midnight, as from 1 August 2024.

The act also now allows for the sale of liquor on Sundays.

Limpopo Economic Development, Environment and Tourism MEC, Rodgers Monama, said at the time that alcohol was a contributing factor in gender-based violence, child abuse, community instability, trauma incidents, rape and other crimes in the province.

Operating hours for establishments that sell liquor used to be until 2 am. Operating hours will now be reduced to midnight.

In a statement on Wednesday, the CDA emphasised that, while the liquor industry undeniably contributes to economic activity, it is equally imperative to address the devastating social and health consequences linked to alcohol misuse.

“The proposed regulation of trading hours is not a punitive measure against liquor traders but a well-considered step to mitigate the pervasive negative impacts of alcohol abuse. Research has consistently demonstrated that restricting alcohol availability through regulated trading hours is an effective strategy to reduce alcohol-related harm, including binge drinking, road fatalities, domestic violence, and underage drinking. 

“The assertion by liquor traders that trading hours regulations will harm their businesses overlooks the broader societal cost of unregulated alcohol availability. South Africa ranks among the top global consumers of alcohol per capita, with alarming consequences for public health, safety, and economic productivity,” the Central Drug Authority said. 

In Limpopo, the rates of alcohol-related gender-based violence, road accidents, and underage drinking, are a stark reminder of the urgent need for tighter controls, the CDA added. 

“While traders argue that the regulation unfairly penalises legal outlets, it is essential to recognise that uncontrolled operating hours contribute significantly to the normalisation of excessive alcohol consumption. 

“The CDA reiterates that compliance with well-enforced laws, combined with community education, is key to promoting responsible alcohol trade and consumption,” the CDA said. 

The CDA acknowledged the need for a balanced approach and urged stakeholders to consider the following: 

  • Enhanced Law Enforcement: Strengthening the capacity to crack down on illegal liquor outlets that undermine the industry and exacerbate alcohol-related harm. 
  • Equitable Regulation: Implementing fair and transparent trading hours that balance economic viability with public health priorities. 
  • Collaborative Dialogue: Creating platforms for liquor traders, government agencies, and community representatives to develop solutions that work for all parties. 
  • Comprehensive Strategies: Pairing trading hours regulation with targeted interventions such as awareness campaigns, early treatment programs, and economic development initiatives. 

The advisory authority noted that alcohol abuse in South Africa, including Limpopo, is not solely an issue for liquor traders, but a societal problem that requires collective action. 

“Regulating trading hours is one of many tools to reduce alcohol availability and its associated harm, particularly for vulnerable groups such as women, children, and young adults,” the CDA said.

It further called on the Limpopo Liquor Traders Association and all stakeholders to engage constructively in addressing the province’s alcohol-related challenges. 

While the liquor industry is a valued contributor to the economy, the CDA added that it must operate responsibly to ensure the well-being of the communities it serves. – SAnews.gov.za

DikelediM
Wed, 12/18/2024 - 12:01

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17 December 2024

Activists Furious After Competition Commission Drops Probe Into Pharma Company

Location: News

Life-saving drugs still not available to many cystic fibrosis patients

Read moreActivists Furious After Competition Commission Drops Probe Into Pharma Company
17 December 2024

SA participates in Berlin Equal Rights Coalition (ERC) Conference

Location: News

SA participates in Berlin Equal Rights Coalition (ERC) Conference

Deputy Minister in the Presidency responsible for Women, Youth and Persons with Disabilities, Mmapaseka Steve Letsike, is leading the South African delegation to the 2024 Berlin Equal Rights Coalition (ERC) Conference, currently underway in Germany.

The Equal Rights Coalition is a collaborative mechanism to progress lesbian, gay, bisexual, transgender, queer and intersex (LGBTQI+) rights across the globe.

This year’s conference, taking place from 17-18 December 2024, is held under the theme: “Countering the push-back, “where representatives from Member States will meet alongside civil society to assess the current landscape of the LGBTQI+ rights and freedoms. 

The conference will also look to devise strategic partnerships that respond to, and tackle the foremost challenges affecting people of diverse sexual orientation, gender identity, gender expression and sex characteristics (SOGIESC) around the globe.  

During the two-day conference, participants will have the opportunity to attend insightful plenary sessions from key stakeholders in the mechanism and across the landscape of the defence of human rights at different scales.

The participants will also take part in sessions from four thematic groups on key areas of interest regarding the rights of LGBTQI+ persons and the state of LGBTQI+ rights worldwide.

“Lestsike will take part in the ministerial discussion on the role of legislators in advancing LGBTQI+ rights, focusing on African legislators from Sub-Saharan Africa to share insights and reflections on the LGBTQI+ landscape and the role of advocacy in contexts with punitive legislation,” the department said in a statement on Monday.

The Equal Rights Coalition was founded in 2016 at the Global LGBTI Human Rights Conference in Montevideo, under the leadership of Uruguay and the Netherlands, as an intergovernmental body of 44 Member States dedicated to the protection of the human rights of LGBTI persons and the promotion of inclusive development. – SAnews.gov.za
 

GabiK
Tue, 12/17/2024 - 12:52

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16 December 2024

Surging Investment, Waves of Change

Location: News
African Energy Chamber

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/).

I've said for years that African energy is a vital investment. Backers clearly agree — to the tune of USD47 billion. That's how much capital expenditure (capex) 2024 saw in African oil and gas, showing a 23% increase from last year. Better yet, we expect growth to continue through the end of the decade.

This capex activity is a welcome sign that energy majors are deepening their long-term interests in Africa. And as our 2025 State of African Energy report details, their momentum has created unique opportunities for local communities, indigenous companies, and national oil companies (NOCs) from other continents.

Emerging Players

While the majority of 2024's capex was driven by established producers like Angola and Nigeria, emerging players are making noise in the industry. Take Senegal, which saw its first offshore oil production this year. Ghana, following a five-year slump, increased oil output during 2024 by 10% and gas output by 7%.

Exploration hotspot Namibia also deserves a special mention: The Southern African nation aims todrill over 12 offshore wells next year, begin production by 2029, and become one of the top-five African producers by the 2030s. Good work for a nation that only discovered its enormous reserves in 2022! I frequently cite Namibia because it proves that a complete newcomer can attract serious foreign investment with smart, swift policy changes — and poise itself to shake up the energy industry.

Increased Exploration

An exciting question remains: Just where will we find the next Namibia Thanks to a resurgence in exploration, another hotspot may be around the corner. There were 1,060 wells drilled in Africa this year — more than any time since 2015. Africa has also become a global leader in drilling high-impact wells, which have the potential to significantly increase overall reserves. That strategy is already paying off: Notable 2024 finds include Namibia's Mopane complex, which holds approximately 10 billion barrel of oil equivalent (boe) – “one of the world's largest offshore finds,” according to Offshore Magazine. Even while global exploration as a whole remains stagnant, Africa is stepping up to meet growing energy demands.

When exploration is successful, new fields follow. We also expect to see African greenfield spending exceed brownfield by 10% by 2030. These capex trends all demonstrate that investors won't limit themselves to mature fields: Eyes are on fresh locations, fresh facilities, and fresh opportunities in Africa.

A Gas Future

As we highlight in our 2025 report, one of those opportunities is natural gas. Africa holds nearly 18 trillion cubic meters of reserves, which will prove essential for a just energy transition as natural gas can provide significant near-term emissions reductions while fostering energy security and economic development. Global demand for this clean-burning resource is also growing, particularly in Asia. That's why I'm glad to see a greater emphasis on developing natural gas resources. In 2023, capex spending on natural gas was about 30%, but this is projected to grow 10% by 2030. It's another sign that more investors are thinking in the long term about Africa, and interested in being part of a just energy transition.

Take Senegal, where the Greater Tortue Ahmeyim gas field will begin production next year. A Final Investment Decision is also expected in 2024 on Yakaar-Teranga. The West African nation is another fantastic example of how operator-friendly policies, political stability, and vast reserves can attract significant foreign investment: I'm excited to see Senegal transform itself from an oil importer to a gas exporter.

M&A Opportunity

The past year saw a huge increase in divestment by O&G majors: Large IOCs are aggressively streamlining their African portfolios. As a rule, they're selling mature, high-emission, and high-cost assets. While large divestments often signal trouble, they're actually creating some promising changes for African O&G.

For one, Asian and Middle Eastern nations are purchasing more assets: Dubai, Qatar, the U.A.E., Malaysia, and Chinese NOCs acquired stakes in Egypt, Mozambique, Namibia, Kenya, and South Africa this year. As global demand for energy grows, particularly in Asia, I'm glad to see these nations looking to Africa for long-term solutions.

Foreign divestment also matters because it's creating opportunities for indigenous companies. Thanks to a recent Shell acquisition, Aradel Holdings became Nigeria's most valuable oil company (https://apo-opa.co/3ZVzGwh). In Angola, IOC Afentra has acquired Azule's (a joint BP and Eni venture) assets and plans to dramatically increase the nation's overall output.

“Having the big players sell to independents is the future,” oil trader Trafigura said in a statement.

It's a promising pattern: Majors sell off mature assets and use the capital to invest in fresh fields and facilities. Independent foreign or indigenous companies use their acquired assets to expand but are spared the expense of building facilities from the ground up. These smaller companies are also strongly motivated to further develop and reduce emissions from these existing fields — an environmental and financial win for everyone.

The Angolan government clearly agrees, encouraging regional players with tax incentives and reduced government profit shares. It will be truly fascinating to watch this industry shakeup in Nigeria and Angola, which have been dominated for decades by majors.

It's no secret that Africa needs O&G majors to stay: They drill over half of our exploration wells and hold a quarter of the continent's equity production. However, I'm thrilled to see indigenous companies growing and harnessing these assets to their fullest extent.

Conclusion

Just what prompted this surge in African capex? A great deal of credit goes to common sense policy changes in nations such as Namibia, Senegal, Mauritania, Egypt, and Angola. We can also point out that the COVID-19 pandemic artificially slowed capex for several years, so an uptick was inevitable once the world opened up again. 

However, I believe a lot of it comes down to economic reality: Global energy needs are rising. Africa has vast, untapped resources. I urge all parties to continue building a thriving energy industry that takes Africa – and the world – into the next century.

For further insights, check out our 2025 State of African Energy report here (https://apo-opa.co/3ZHldTr).

Distributed by APO Group on behalf of African Energy Chamber.

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16 December 2024

National Dialogue structures to be in place in early 2025

Location: News

National Dialogue structures to be in place in early 2025

The structures and processes of South Africa’s National Dialogue will be in place in early 2025, President Cyril Ramaphosa said on Monday.

The President made the announcement at the National Day of Reconciliation commemoration held at the Vredendal North Sports Ground in the Western Cape.

“We reaffirm our commitment to work together through a National Dialogue to define the path that our nation will take,” he said.

READ | SA ardent on healing historical wounds while focusing on the future

He added that through various actions, government is reigniting “our collective vision and shared passion to create a South Africa that works for all its people”.

“We are confronting our challenges with the courage and determination displayed during the darkest days of the struggle against apartheid.”

This he said as the country has a rich history of inclusive solutions to problems.

“I hereby announce that we will hold a National Dialogue next year to enable a conversation among citizens on shaping our country’s future developmental path. The National Dialogue will seek to build on the achievements of 30 years of democracy.”

The first citizen said the dialogue will give the country an opportunity to address the challenges it has been facing for the past 15 years of low growth and unemployment, poverty and hunger, poor governance, slow land reform and corruption. 

“We will also want the National Dialogue to address pressing challenges such as gender-based violence and femicide, social fragmentation, racism, homophobia and sexism, violence and instability.
The National Dialogue will strengthen and consolidate the process of social compacting, where we come together as different sectors and communities to find common solutions.

It is envisaged that the National Dialogue will be informed by an extensive public consultation process in local areas organised by various sectors of society,” he explained.

The President first made the announcement of the National Dialogue during his inauguration in June.

READ | Government of National Unity: A moment of profound significance

Since then, many representations from civil society, including foundations established by stalwarts of the struggle for freedom, have been received. 

“Further consultation is underway with other formations within society on the form and content of the National Dialogue.”

In addition, the President will appoint an Advisory Panel of Eminent Persons to provide guidance and advice through the National Dialogue Process in due course.

The Advisory Panel will include men and women of stature who have played prominent roles in nation building and advancing social cohesion.

“I will also appoint a National Dialogue Steering Committee to coordinate the National Dialogue process. This Steering Committee will include representation from the Foundations that have played a leading role in championing the idea of the National Dialogue process, government, labour, business and the community constituency.”

“All the necessary structures and processes of the National Dialogue will be in place early in the new year so that the preparations can commence in earnest. We expect that the National Dialogue will reach agreement on the critical challenges facing the nation. It is expected to develop a shared vision of what it means to be a South African and of a common value system, that will guide current and future generations. 

“With a renewed commitment to social justice, economic empowerment, and cultural understanding, our country can continue to build on its achievements. We can fulfil our destiny to be a truly reconciled, equal, caring and united nation.”

READ | Western Cape residents reflect on Reconciliation Day

G20 
The President also called on South Africans to make the country’s Presidency of the G20 a success.

“Next year, South Africa will become the first African country to lead the influential group of the world’s largest economies, the G20. We have outlined an ambitious agenda for our G20 Presidency under the theme ‘Solidarity, Equality, and Sustainability’.

“I call on all South Africans to be part of making South Africa's Presidency a success,” he said adding that the road ahead will not be easy. 

South Africa assumed the Presidency of the G20 on 1 December.

The G20 group comprises many of the world's largest developing and developed economies. It was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85 percent of global GDP and 75 percent of international trade.  -SAnews.gov.za 
 

Neo
Mon, 12/16/2024 - 15:01

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Read moreNational Dialogue structures to be in place in early 2025
15 December 2024

Parliament highlights progress in first six months of the 7th democratic term

Location: News

Parliament highlights progress in first six months of the 7th democratic term

Parliament has celebrated a successful start to its 7th democratic term, highlighting significant achievements since the 2024 National and Provincial Elections. 

In just six months, Parliament has passed key laws, conducted rigorous oversight, and strengthened public engagement, demonstrating a strong commitment to its constitutional mandate and the people it serves.

In a statement on Saturday, Parliament highlighted that since the establishment of the 7th democratic Parliament, the administration has hit the ground running. 

“In this short period, Parliament has successfully convened multiple sittings, engaged in debates, and passed several key pieces of legislation. The various parliamentary committees have been particularly active, conducting oversight visits, holding public hearings, and scrutinising government actions with diligence,” the statement said. 

Parliament said that its Presiding Officers, led by the Speaker of the National Assembly (NA), Thoko Didiza, and the Chairperson of the National Council of Provinces (NCOP), Refilwe Mtshweni-Tsipane, expressed satisfaction with the milestones achieved by the 7th Parliament so far.

The key achievements of Parliament are: 

•    Committees and Oversight: Parliamentary committees have held 468 meetings since the start of the 7th democratic Parliament through the end of October. During this period, approximately 24 oversight visits were conducted to various service delivery points across the country. 
•    Public Engagement: New initiatives, including online streaming of debates and hearings, have made Parliament more accessible and transparent.
•    Legislative Work: 20 Bills from the previous term were revived, with 11 already passed. Parliament is currently processing 21 new Bills aimed at addressing national priorities like poverty, unemployment, and inequality.
•    Clean Audit: Parliament achieved its 10th consecutive clean audit, underscoring sound financial management.

Focus on Provinces

From 16 to 20 September, Permanent delegates to the NCOP undertook the first Provincial Week Programme of the new term of Parliament, an essential initiative aligned with the NCOP's constitutional role as the voice of provinces in the national sphere of government. 

The NCOP’s Provincial Week spotlighted delays in critical infrastructure projects, such as schools and health facilities, gathering recommendations to address these issues.

“This effort highlights the NCOP’s commitment to addressing issues that directly impact provinces and communities, ensuring that challenges exposed during the visits are resolved without further delays. Through this programme, the NCOP continues to strengthen accountability and advocate for the effective delivery of services to the people,” Parliament said. 

Looking Ahead

Parliament’s official business for the New Year will begin with the State of the Nation Address (SONA), scheduled for Thursday, 6 February, at 7 pm at the Cape Town City Hall. 

The two-day debates on the President’s Address will take place at a temporary dome structure to be erected at the Nieuwmeester Parking. The debates are scheduled for Tuesday, 11 February, and Wednesday, 12 February, with the President’s reply set for Thursday, 13 February 2025

Finance Minister Enoch Godongwana is set to deliver the Budget Speech on Wednesday, 19 February.

Hosting of the Speakers of G20 Nations

The Parliament of the Republic of South Africa has proudly announced that, in alignment with South Africa's rotational hosting of the G20 in 2025, it will host the Speakers' Summits (P20) of the G20 national parliaments. 

“The P20 Summits play a crucial role in bringing a parliamentary perspective to global governance by raising awareness, building political support for international commitments, and ensuring their effective implementation at the national level,” Parliament said.

These summits also foster inter-parliamentary cooperation, strengthen engagement between governments, parliaments, and stakeholders, and advance the implementation of the 2030 Agenda for Sustainable Development.

“As a longstanding participant in P20 summits, the Parliament of the Republic of South Africa looks forward to hosting this prestigious event, advancing parliamentary diplomacy, strengthening democratic governance, and fostering global cooperation,” it said. – SAnews.gov.za

 

DikelediM
Sun, 12/15/2024 - 12:13

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Read moreParliament highlights progress in first six months of the 7th democratic term
15 December 2024

South Africa Welcomes ICC Champions Trophy Silverware As Trophy Tour With DP World Heads To Cape Town And Johannesburg

Location: Sport

JOHANNESBURG: Cricket fans across South Africa are in for a treat as the ICC Champions Trophy begins its journey through the...

Read moreSouth Africa Welcomes ICC Champions Trophy Silverware As Trophy Tour With DP World Heads To Cape Town And Johannesburg
14 December 2024

Advancing Gender Equality in South Africa’s Just Energy Transition

Location: News
African Development Bank Group (AfDB)

A series of impactful events held between November 12-15 marked several strides forward in advancing gender equality in South Africa's Just Energy Transition.  

Organized by the Mpumalanga Green Cluster Agency, the Project Implementation Unit, with support from the Climate Investment Funds (https://apo-opa.co/4iDmV0s) and the African Development Bank, the week-long programme's centre-piece was a one-day workshop on gender. 

It also combined with several other events, most notably as the official launch of South Africa's Just Energy Transition Jobs First Project, the visit of Patricia Pena, Assistant Deputy Minister at Global Affairs Canada and the training of the Project Implementation Unit and provincial governmental officials on the Bank's procurement, financial management, and disbursement rules and regulations.  

“We are proud to support the Gender Equality in Just Energy Transition Workshop and South Africa's Jobs First Project, advancing Mpumalanga's green economy goals, job creation, and a just, low-carbon transition,” stated Nkosinathi Nkonyane, Mpumalanga Green Cluster Agency CEO. 

Assistant Deputy Minister Pena of Global Affairs Canada remarked: “We congratulate the Government of South Africa for the leadership, ambition, and partnership with us. Through the Climate Investment Funds, we are supporting advocacy and outreach programmes to build leadership from within.” 

These events gathered stakeholders from national and provincial government officials, Just Energy Transition Project Management Unit, civil society organizations including women's groups and youth organizations, bilateral and multilateral development agencies, academia, and the private sector to drive inclusive and sustainable change. 

Through direct engagement with local voices, the Project is fostering a collaborative environment where grassroots insights are prioritized, building a foundation for a more inclusive energy transition that centres around community needs. 

A highlight of the week was the launch of South Africa's Just Energy Transition Jobs First Project. Supported by the African Development Bank, Climate Investment Funds, Irish Aid, Agence Française de Développement, and ABSA Bank, this project focuses on strengthening institutions, and empowering local communities in Mpumalanga by creating sustainable employment opportunities through gender equality, social inclusion, and skills development.  

Dr Babatunde Omilola, Human Development division manager at the African Development Bank underscored: "This project is a key milestone in advancing a just energy transition for South Africa, prioritizing sustainable energy, job creation, gender equity, and social inclusion—ensuring the shift to a green economy benefits all, especially in Mpumalanga." 

South Africa's Just Energy Transition Jobs First project activities were discussed with one of the strategic partners UVU Africa on a female farmers project in Bushbackridge.  

Beneficiaries will receive training on sustainable and smart agriculture and receive a digital kit (tablets and data) to support their work. Suhana Bisnath Head Strategy and Product Design at UVU Africa stated: "We look forward to further collaborating with partners across sectors to ensure the ‘just' in Just Energy Transition is realised in every corner of Mpumalanga and beyond. Together, we can create a model of progress that prioritises inclusivity and innovation, building a future where no one is left behind".   

Other initiatives discussed include the creation of a Gender Desk within the Mpumalanga Green Cluster Agency to facilitate dialogue among women actors, mapping of women entrepreneurs, and increased collaboration among women networks in the province. AFD's mandate in South Africa supports the Just Energy Transition by addressing poverty, inequality, and the social dimensions of energy transition through a policy-based loan focused on governance, energy access, and economic diversification. Gender equality is a key priority, with AFD collaborating with the Mpumalanga Green Cluster Agency to integrate gender considerations into the SAJJOF project. 

Together, the gender workshop and the South Africa's Just Energy Transition Jobs First project reflect a commitment by the Bank and its partners to integrate gender and social inclusion into climate initiatives. These efforts align with the wider goal to foster the “just” part of the Just Energy Transition leaving no one behind especially women, children and vulnerable households.  

“We are very excited to be supporting the SAJJOF project and look forward to welcoming the rising stars of South Africa's energy transition who are showing the world how women can lead the way” said Nina Kolybashkina, Gender and Social Inclusion Lead at Climate Investment Funds. 

For more information, explore the Women-led Coal Transitions report here (https://apo-opa.co/4gca7gc). 

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media contact: 
Sonia Borrini
Climate Change and Green Growth Department
s.borrini@afdb.org  

For more information on South Africa's Just Energy Transition Jobs First Project please contact:
Elaheebocus, Nawsheen : n.elaheebocus@afdb.org. 

Media files
African Development Bank Group (AfDB)
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