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You are here: Home / Archives for global

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22 March 2024

SA marks World Water Day

Location: News

SA marks World Water Day

Today South Africa joins the globe in marking World Water Day which is celebrated annually on 22 March.

South African Research Chairs Initiative (SARChI) Chairperson, Professor Bongani Ncube has underscored the need to improve access to productive water across South Africa’s disadvantaged communities.

“I’m talking about water for productivity, water for agriculture, [and] water that will take people out of poverty,” Professor Ncube said.

The SARChI was established in 2006 by the Department of Science and Technology (DST) and the National Research Foundation (NRF).

The main goal of the Research Chairs initiative is to strengthen and improve research and innovation capacity of public universities for producing high quality postgraduate students and research and innovation outputs. 

Ncube is based at the Cape Peninsula University of Technology, Centre for Water and Sanitation Research, under the Faculty of Engineering and the Built Environment. 

She is a Chairperson under the Department of Science and Innovation and the NRF (DSI-NRF) SARChI, established by the Science and Innovation and the National Research Foundation (NRF) in 2006.

Ncube said the country still has issues in these areas because the licensing process has not worked for many communities for a long time. 

“The compulsory licensing, validation and verification processes, which were supposed to enable the release of excess water to communities, has not worked very well. The process has improved but we still have many communities that do not have access to productive water. 

“At the household level, there are municipalities where access to basic water and sanitation services has become a challenge. That is why you see these water protests in South Africa,” Ncube said.

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

READ | DWS kick-starts National Water Month  

Ncube said South Africa relates to the 2024 global theme at both household and broader community levels because of its historical past, and also in terms of economic advancement, which brings under the spotlight policy shifts required to redress past access patterns. 

“South Africa has a very complicated history when it comes to access to resources, including water. The historical access [which] dates back centuries when water access mechanisms favoured the more privileged white communities, remains a challenged,” said Ncube.

After 1994, policies, legislation, and strategies were developed to make water equitably accessible to everyone.

Ncube noted that access to productive water in some communities has improved following the enactment of the National Water Act of 1998, which aims to reform the laws related to water, including redress of past racial and gender discrimination; promotion of equitable access to water; and facilitation of social and economic development. 

Draft National Water Amendment Bill

Ncube commended the Draft National Water Amendment Bill, which was published in the Government Gazette for public comment on 17 November 2023. 

“One of the intentions of that Bill is to redress the past inequity and to achieve equitable access for all communities. There are efforts that are taking place at the moment. The Bill is being revised to ensure that those water allocation issues that were not addressed by the National Water Act of 1998 are addressed.” 

Provision of basic water to households has vastly improved since 1994. 

According to Statistics South Africa data, 88.7% of the country’s households had access to water by 2021. 

“Climate change and drought add a further layer of complication when it comes to water access. But it is important for government to realise that, while situations like that occur, it is the poor that are the most affected and it is important that measures are put in place in terms of providing access,” Ncube said.– SAnews.gov.za

 

 

GabiK
Fri, 03/22/2024 - 12:48

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Read moreSA marks World Water Day
21 March 2024

Durban residents protest for water on Human Rights Day

Location: News

“How can we celebrate human rights without water?” asks protester

Read moreDurban residents protest for water on Human Rights Day
21 March 2024

Black industrialists honoured for their outstanding contributions

Location: News

Black industrialists honoured for their outstanding contributions

President Cyril Ramaphosa has commended black industrialists who have been honoured for their outstanding contributions to the country’s economy and society.

“Your resilience, innovation and vision inspire us all to reach greater heights and build a brighter future for generations to come,” President Ramaphosa said.

Addressing the Black Industrialists and Exporters Conference and awards ceremony at the Sandton Convention Centre on Wednesday, President Ramaphosa called on all black industrialist companies to unite in their commitment to building a more inclusive, dynamic and prosperous economy that where every entrepreneur, regardless of background, has the opportunity to succeed.

The awards acknowledged the contributions by black industrialists to the economy while reflecting on progress made in advancing redress and transforming a skewed racialised economy.

A total of R261 billion has been committed for procurement from black industrialists companies over a period of five years.

“As we continue to support, invest and collaborate, we will unlock even greater potential and prosperity for our nation,” President Ramaphosa said on Wednesday.

He said through technology adoption, market diversification and strategic partnerships, black industrialists are positioning themselves as leaders in their respective industries and ambassadors of African excellence worldwide.

“As we celebrate the achievements of black industrialists, we must look to the future. Our businesses must not only thrive locally but also compete on the global stage.  

“My challenge to the 239 black industrialists who will benefit from these procurement commitments is to return to this stage at the 3rd Black Industrialists Conference, not as beneficiaries of procurement but as drivers of investment in the next generation of black entrepreneurs.

“These commitments will help to accelerate the re-industrialisation of our economy,” President Ramaphosa said.

The R27 billion committed to agriculture and agro-processing will bring more black farmers into the formal economy, readying them for the export opportunities that lie abroad.

“The R79 billion that has been committed for procurement in the retail sector will see more local products – made by black industrialists – in the hands of South African consumers.

“The R52 billion in procurement commitments in infrastructure will see more black-owned and -managed businesses contributing to the expansion and improvement of our ports, energy infrastructure and logistics networks.

“We are now at the point where black industrialists can be the capital that can fund and support growth in the next generation,” the President said.

President Ramaphosa said the black businesses are a cornerstone of the country’s economy.

“They are creating jobs, exporting goods, earning foreign exchange and helping to lift communities out of poverty.

“We know that the playing field for black business in South Africa is still not level. Yet there has been significant progress over the 30 years of freedom,” President Ramaphosa said.

The Black Industrialists and Exporters Conference also featured exhibitions that showcases proudly South African products manufactured by black industrialists and an awards ceremony that recognised and reward industrialists who have contributed significantly to industrialisation, job creation, poverty alleviation, innovation and transformation efforts.

The Black Industrialists and Exporters conference took place on the eve of the 20th anniversary of the implementation of the Broad-Based Black Economic Empowerment Act (B-BBEE Act).

The objective of the black industrialists programme is to increase participation of black South Africans in the ownership and control of productive enterprises in key sectors and the entire value chain of the country’s economy.

More than 600 firms supported by the Department of Trade, Industry, and Competition showed a turnover of about R80 billion during the 2023/24 financial year, illustrating the tangible results of drawing more black entrepreneurs into the industrial economy. – SAnews.gov.za

Edwin
Thu, 03/21/2024 - 07:20

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Read moreBlack industrialists honoured for their outstanding contributions
21 March 2024

Cape Town “pilgrims” walk the length of the Gaza Strip to raise awareness

Location: News

March comes as US admits Palestinians are facing “acute food insecurity”

Read moreCape Town “pilgrims” walk the length of the Gaza Strip to raise awareness
20 March 2024

Safeguarding Against Scams: Binance Highlights Common Fraud Schemes and Prevention Strategies

Location: MyPR

In celebration of World Consumer Rights Day and Global Money Week, Binance is taking a proactive stance by raising awareness of consumer protection, especially within the dynamic realm of the digital economy. As the crypto industry continues to evolve, Binance remains committed to empowering users with knowledge to navigate the space securely. It is crucial …

Read moreSafeguarding Against Scams: Binance Highlights Common Fraud Schemes and Prevention Strategies
20 March 2024

Development of Cape Town’s The Rubik nears completion

Location: MyPR

CAPE TOWN, SOUTH AFRICA, 20 March 2024 – Cape Town’s skyline is reaching new heights as The Rubik, a dazzling luxury apartment complex in the heart of the CBD, has reached the peak of its vertical ascent. With 27 levels of premium living and commercial spaces, The Rubik’s modern glass exterior promises residents and businesses …

Read moreDevelopment of Cape Town’s The Rubik nears completion
20 March 2024

Ecobank Group Strengthens Leadership Team with Strategic Top-level Appointments

Location: Business
Ecobank Transnational Incorporated

Ecobank (www.Ecobank.com), the pan-African financial services group, announces the appointment of key senior executives to strengthen the Group's leadership team and to drive delivery of its new Growth, Transformation and Returns (GTR) strategy. Abena Osei-Poku joins as Regional Executive Anglophone West Africa and Managing Director Ecobank Ghana; Martin Miruka as Group Executive for Transformation, Enablement and Customer Experience; Anup Suri as Group Executive, Commercial and Consumer Banking; Michael Larbie as Group Executive, Corporate and Investment Banking; and Thierry Mbimi as Group Executive, Internal Audit & Management Services.

These top-level appointments are strategically important as Ecobank enters its next phase of growth and transformation, aiming to become the bank of choice and a leader in delivering responsive, innovative and affordable financial services' products and solutions for Africa. Ecobank Group has decided to combine the commercial and the consumer businesses, under the leadership of Anup Suri, underscoring its commitment to strengthening these two business units to drive growth. In addition, the establishment of the new role of Transformation, Enablement, and Customer Experience underscores the Group's determination to prioritizing the necessary leadership for the successful execution of its transformation.

Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “These appointments are crucial to the execution of our recently announced five-year Growth, Transformation and Returns strategy. I am delighted that Abena Osei-Poku, Martin Miruka, Anup Suri, Michael Larbi, and Thierry Mbimi are joining our leadership team, each bringing proven, valuable, global and African financial services experience. I have no doubt that they will play pivotal roles in driving Ecobank's future growth and success.” 

Abena Osei Poku joined Ecobank in January. She is an accomplished Pan-African business leader with over 25 years of experience in the financial services industry. Her expertise spans Corporate and Investment banking, Business banking and Risk Management across Africa. Her previous roles include Executive Director for Commercial Banking, responsible for Corporate & Business Banking at Barclays Bank Ghana; Co-Regional Head of Coverage, Corporate & Investment Banking at Absa Bank Group, overseeing East and West Africa; and CEO and Managing Director of Absa Bank Ghana. Abena takes over from Daniel Sackey who is retiring from the Bank. We thank Daniel Sackey for his leadership, commitment, and effective service across the continent over the past 27 years at Ecobank.

Martin Miruka, who joined Ecobank in February, brings with him 25 years' experience as C-suite executive, business strategist, serial entrepreneur, and angel investor with strong credentials on pan-African transformation. His previous roles include Group Head of Business Transformation, Customer Experience, and Innovation at Equity Group Holdings, where he successfully led transformation by breaking the Group's strategic and operational silos, aligning technology investments with business strategy, and ultimately delivering a branded Customer Experience across multiple African countries. He was also the Founder/CEO of Atom TDF, Kenya's first indigenous brand strategy and innovation consultancy, and Kava Africa, a fintech/Insurtech based in Nairobi, Kenya.

Anup Suri assumed his new role in March. He brings a wealth of over 30 years of senior leadership experience across various industries and organisations in both developed and emerging markets across Asia, Africa, the Middle East, Europe, the UK, North America and South America. He joins Ecobank Group from HSBC Group where he was Managing Director, Global Head of Retail Sales and Third-Party Distribution. Anup previously held other senior roles at Standard Chartered Group, Standard Chartered Bank and ABN Amro.

Michael Larbie, who assumed his role in March, brings over 25 years of global senior financial services and investment banking experience. He served as CEO of International & Broader Africa at Rand Merchant Bank (RMB), prior to which he held the positions of CEO & Managing Director of RMB Nigeria and Regional Head of West Africa, as well as Head of Coverage & Investment Banking for Africa (excluding South Africa). His experience also includes senior investment banking roles at Merrill Lynch and senior project management roles at American International Group. Michael takes over from Eric Odhiambo, who will retire from Ecobank at the end of April. We thank Eric Odhiambo for his unwavering commitment, invaluable contribution, and dedicated service over the past six and a half years, first as Chief Risk Officer and then as Group Executive of Corporate and Investment Banking.

Thierry Mbimi, who also started in March, has 27 years of extensive industry and consulting experience, with the last 17 years in director-level roles. He brings with him a wealth of global experience in audit and risk management, complemented by a solid background in technology. Thierry was the CEO & Managing Partner for KPMG Central Africa (Audit, Tax, and Advisory), prior to which he held several roles in the organisation, including Partner and Head of West Africa Financial Risk Management, Lead Partner for the Financial Services Sector in Francophone sub-Saharan Africa and Global Services Lead Partner for the African Development Bank.

Distributed by APO Group on behalf of Ecobank Transnational Incorporated.

Media Contact:
Christiane Mbimbe Bossom
Group Communications
Ecobank Transnational Incorporated
Email: groupcorporatecomms@ecobank.com
Tel: +228 22 21 03 03
Web: www.Ecobank.com

About Ecobank Group (or ‘Ecobank Transnational Incorporated' or ‘ETI'):
Ecobank Group is the leading private pan-African banking group with unrivalled African expertise. Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment. The Group employs over 15,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers. For further information, please visit www.Ecobank.com.

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19 March 2024

Emphasis placed on investing in climate-resilient infrastructure projects

Location: News

Emphasis placed on investing in climate-resilient infrastructure projects

While South Africa has taken meaningful steps to invest in infrastructure projects, Deputy Minister of Finance, Dr David Masondo, says the fiscus cannot afford to financially support the amount of investment required for climate-resilient infrastructure.

“We therefore need to discuss other innovative financing mechanisms such as green bonds and carbon credit to fund these climate-resilient infrastructure projects,” Masondo said on Monday in Johannesburg.

He made these remarks during the second in a series of Southern Africa – Towards Inclusive Economic Development (SA-TIED) policy dialogues entitled “Financing infrastructure development in the context of climate change”.

“In South Africa, we feel the negative impact of climate change in important sectors such as agriculture, water, and energy. The frequency of natural disasters and the results thereof are felt every day in our country.

“Investments in renewable energy sources, water conservation systems, and sustainable urban development are key to mitigating and adapting to climate impacts,” the Deputy Minister said.

Masondo said the Infrastructure Fund is a testament to South Africa’s commitment to stimulating infrastructure investment and blending public and private financing to build a better, more sustainable future.

“The Infrastructure Fund stands out as a pivotal move, designed to stimulate investment across various critical sectors. This approach seeks to mobilise public and private resources, mitigate risks for private investors and foster an environment where collaborative financing models can thrive.

“Such measures are part of a broader effort to ensure that infrastructure development not only supports South Africa's immediate economic needs but also lays the groundwork for long-term resilience and progress.

“Yes, challenges exist such as securing funding. However, ensuring sustainability, and integrating the latest technologies are other additional challenges. These challenges should be treated as opportunities for innovation and forging robust public-private partnerships. This is also an opportunity for leveraging the power of technology in our infrastructure development goals,” Masondo said.

He said the groundbreaking research produced by the SA-TIED program has shed light on critical areas like water, and energy, and the broader connections between them.

“It is this type of research that directly shapes our infrastructure strategies, informing decisions to maximise impact and create the conditions for sustainable growth. The research informs our policy decision-making. It is this type of research that directly shapes our infrastructure strategies, informing decisions to maximize impact and create the conditions for sustainable growth,” the Deputy Minister said.

He said infrastructure development is the cornerstone of any thriving economy.

“Infrastructure fuels productivity (e.g. people arrive late to work because public transport is poor). Infrastructure also enhances the quality of life for our citizens (clean air, and clean water are important for our health) and lays the foundation for long-term growth.

“Our government recognises this. We have made significant investments in critical infrastructure. These investments are not just about roads and bridges. They are also about creating jobs, reducing poverty, and making South Africa a competitive player in the global economy,” the Deputy Minister said. – SAnews.gov.za

 

 

nosihle
Tue, 03/19/2024 - 09:36

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Read moreEmphasis placed on investing in climate-resilient infrastructure projects
19 March 2024

Driving tech integration to accelerate business growth

Location: MyPR

In today’s digital-first landscape, businesses across diverse sectors from B2B enterprises to healthcare, retail, and e-commerce are ardently seeking technological synergies that not only streamline operations but also carve a path for competitive superiority. Does that sound like a business? How intelligently any chain links together dictates its strength. There isn’t the space for weak …

Read moreDriving tech integration to accelerate business growth
19 March 2024

South Africa Requires $5.7T to Bridge Infrastructure Investment Gap

Location: News
Energy Capital & Power

Nearly $5.7 trillion is required to close the infrastructure investment gap in South Africa by 2050, according to statements made by Mameetse Masemola, Acting Head of Infrastructure South Africa (ISA), during the Sustainable Infrastructure Development Symposium South Africa (SIDSSA) on Monday.

During a media briefing, Masemola provided an update on projects led by ISA since its enactment in 2020, as well as highlighted efforts being made by the government agency to foster public-private sector cooperation and accelerate infrastructure development.

Taking place on March 17-19 at the Century City Conference Center, SIDSSA brings together key stakeholders in South Africa and across the continent with the aim of driving infrastructure development. SIDSSA 2024 serves as a crucial platform for discussions and partnerships in the infrastructure investment landscape, with a focus on accelerating economic activity through strategic infrastructure plans. Energy Capital & Power – the leading investment platform for the African energy sector – is a media partner for this important platform. For more information, visit www.SIDSSA.org.za.

“Our mandate is to close the infrastructure investment gap… We ensure projects are viable and bankable to attract funding from global investors. We work closely with authorizing departments to ensure fast rollout of projects, while ensuring the projects meet local regulations,” said Masemola.

ISA has led projects across ICT, energy, water and sanitation, transport and human settlement sectors, which have seen substantial growth in recent years.

“These are the sectors that support economic growth and enable South Africa to be competitive globally. Most of the projects were in their early stages in 2020. The value was R230 billion and the value has grown to over R500 billion,” stated Masemola.

In the energy sector, 95% of projects deployed have been private sector-led, including renewable energy projects developed under South Africa's Renewable Independent Power Producer Program (REIPPP), Embedded Generation Program and Just Energy Transition Program. Of the energy sector projects, 25 are under construction under Bid Window 5 of REIPPP, with five having reached financial close and a total of 14,000 jobs expected to be created, added Masemola.

In the transport sector, 15 projects have been announced, of which six represent a total value of R25 billion and are currently under development. Masemola stated that ISA has seen success when it comes to the human settlement sector, with over 9,000 units constructed and 38,000 jobs created since 2020.

Commenting on ISA's current and future project pipeline, Masemola stated that the agency has secured R600 million from South Africa's treasury to invest in projects over the next three years, with 31 projects currently being prepared.

Distributed by APO Group on behalf of Energy Capital & Power.

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19 March 2024

6 Infrastructure Agreements Signed at SIDSSA 2024

Location: News
Energy Capital & Power

Several infrastructure and finance-focused deals were signed during a media briefing at the Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) on March 18. The six deal signings aim to bolster private-led investment in South African infrastructure projects and cover various strategic areas including project development, financing, capacity building and research.

A Memorandum of Understanding (MoU) was signed between South Africa's Minister of Public Works and Infrastructure Sihle Zikalala and John Humphrey, the UK's Trade Commissioner for Africa. The deal builds on three agreements signed between the countries since the launch of Infrastructure South Africa in 2020 and aims to strengthen cooperation regarding project preparation, appraisal and development.

Taking place on March 17-19 at the Century City Conference Center, SIDSSA brings together key stakeholders in South Africa and across the continent with the aim of driving infrastructure development. SIDSSA 2024 serves as a crucial platform for discussions and partnerships in the infrastructure investment landscape, with a focus on accelerating economic activity through strategic infrastructure plans. Energy Capital & Power – the leading investment platform for the African energy sector – is a media partner for this important platform. For more information, visit www.SIDSSA.org.za.

The remaining five deals were signed by Infrastructure South Africa – represented by Mameetse Masemola, Head of Infrastructure South Africa - and various organizations. These include an MoU signed with the South African Institution of Civil Engineering to aid in collaboration and initiatives within the infrastructure planning and development space. The MoU covers strategic areas of cooperation including capacity building, project development and research.

An agreement was signed between Infrastructure South Africa and the Association of African Exhibition Organizers. The MoU will see the parties take the country's infrastructure investment drive global, with support provided in promoting South Africa's project portfolio.  

Meanwhile, an agreement was signed with the Transnet National Ports Authority for the development of The Construction Book – set to be launched on 19 March at SIDSSA – and the development of strategic integrated projects.

A Memorandum of Agreement was signed with the South African Road Agency (SANRAL). Infrastructure South Africa and SANRAL will collaboratively work towards closing the country's infrastructure investment gap, developing The Construction Book while developing strategic projects.  

Infrastructure South Africa also recently signed an MoU with the University of Johannesburg, announced during the SIDSSA media briefing. The media briefing was facilitated by South Africa's Deputy Minister in the Presidency Kenny Morolong and featured updates on projects and national infrastructure priorities.

SIDSSA 2024 is organized by the Investment and Infrastructure Office under the Presidency, in collaboration with the Association of African Exhibition Organizers. The National African Federation for the Building Industry joins as an association partner, while the Development Bank of Southern Africa is the official sponsor of the event. The Masterclass on Sustainable Infrastructure Development is held in collaboration with the National School of Government.

Distributed by APO Group on behalf of Energy Capital & Power.

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19 March 2024

Trina Solar, SOLA and Wilson Bayly Holmes Ovcon (WBHO) Signed Partnership to Launch 195MW Springbok Utility Project Using Vertex N Modules

Location: News
Trina Solar

Trina Solar (https://www.TrinaSolar.com/), a global leader in smart PV and energy storage solutions, proudly announces the commencement of the groundbreaking Springbok project in collaboration with SOLA and WBHO, marking a significant milestone in South Africa's renewable energy landscape. The signing ceremony for this monumental venture took place at Solar & Storage Live Africa, highlighting the importance of strategic partnerships in driving sustainable energy solutions. The Springbok project, located in South Africa's Free State province, is the first and largest privately developed n-type utility-scale project in the country with a capacity of 195MW, standing as a landmark initiative. It is also the first project in South Africa to serve multiple off-takers.

"At Trina Solar, we are proud to contribute to South Africa's renewable energy landscape through the Springbok Project, which will mark a significant milestone in the nation's sustainable journey. Empowering Africa's transition towards renewable energy is fundamental to our mission. Through innovation and technological advancement, we're committed to providing accessible and efficient solar solutions, that propel the continent towards a greener, net-zero future." - Yang Bao, President, Global Sales & Marketing at Trina Solar

This innovative project will harness the power of advanced n-type technology, with Trina Solar supplying a total of 331,200 panels of Vertex N series modules (NEG19RC.20). Leveraging the 210mm product technology platform, these modules excel in power, efficiency, reliability, and levelized cost of energy (LCOE), and have gained recognition among global customers. The Vertex N modules, renowned for their high energy yield, are poised to deliver exceptional performance across diverse settings and weather conditions, setting a new standard for utility-scale photovoltaic projects in South Africa.

"Trina Solar is proud to supply its advanced Vertex N modules for the pioneering Springbok project and thereby delivering substantial value to our customers," commented Zaheer Khan, Regional Director of Southern Africa at Trina Solar. "Our decision to utilize n-type modules emphasizes our dedication to providing high-performance solutions that optimize energy yield, reduce BOS and lower LCOE. We are confident that our modules will deliver unparalleled results, further solidifying South Africa's position as a leader in renewable energy adoption."

WBHO also shared their enthusiasm for the project, highlighting its transformative impact on South Africa's energy landscape."We are thrilled to be part of this groundbreaking initiative," added Derek Wallace, Managing Director of WBHO Construction's Projects Division. "The Springbok project not only demonstrates the potential of renewable energy but also highlights our commitment to fostering sustainable development and driving economic growth in South Africa."

Leveraging on the success of the pioneering 135MW Merak 1 Project, which marked the inception of our partnership with SOLA and WBHO, as well as this groundbreaking 195MW Springbok project, Trina Solar looks forward to continuing such long-term collaboration with both parties to harness the collective expertise and drive further innovation.

As South Africa continues its transition towards renewable energy, Trina Solar remains steadfast in its commitment to supporting the nation's journey towards carbon neutrality. By leveraging cutting-edge technology, Trina Solar is playing a pivotal role in advancing the country's solar industry and contributing to global efforts to combat climate change. With the integrated n-type industrial chain, high-quality products, and excellent service, the company will keep contributing to a net-zero future.

Distributed by APO Group on behalf of Trina Solar.

About Trina Solar:
Founded in 1997, Trina Solar Co Ltd (stock symbol: Trina Solar; stock code: 688599) is engaged mainly in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. PV systems consist of power stations and system products. Smart energy comprises mainly PV power generation and operations and maintenance, smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. We are committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future.

On June 10, 2020, Trina Solar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange(SSE). It was the first PV and energy storage company to go public on the STAR Market providing PV products and systems, as well as smart energy. For more information, please visit www.TrinaSolar.com.

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19 March 2024

R233 Billion Project Pipeline in Construction

Location: News
Energy Capital & Power

South Africa's Deputy President Paul Mashatile announced that the country currently has R233 billion worth of infrastructure projects currently in construction, with R170 billion worth in the procurement phase and R10 billion completed. Speaking during the Stakeholder Dinner at the Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) on March 18, Deputy President Mashatile underscored the significant opportunities on offer for the private sector in the infrastructure space.

With government seeking to close the infrastructure investment gap, mobilizing private-led investment has emerged as a top priority. The Deputy President highlighted that through platforms such as SIDSSA, government can connect private investors to strategic projects, ensuring development leads to job creation, industrialization and long-term economic growth.

“The activities of the symposium today have set the tone for government accountability, as shown during the media briefing this afternoon as well as through collaboration and partnerships, and through the memorandum of understanding signed between government and private sector partners. Most importantly, this symposium sets the tone for collaboration and cooperation in the continent,” stated Deputy President Mashatile.

Taking place on March 17-19 at the Century City Conference Center, SIDSSA brings together key stakeholders in South Africa and across the continent with the aim of driving infrastructure development. SIDSSA 2024 serves as a crucial platform for discussions and partnerships in the infrastructure investment landscape, with a focus on accelerating economic activity through strategic infrastructure plans. Energy Capital & Power – the leading investment platform for the African energy sector – is a media partner for this important platform. For more information, visit https://SIDSAA.org.za.

Uniting regional government, global partners and private investors, SIDSSA 2024 brings together critical role-players in the infrastructure investment space, who are galvanized around a key goal of accelerating an infrastructure-led economic recovery plan. The event serves as a springboard for collaboration in Africa.

According to Sihle Zikalala, South Africa's Minister of Public Works and Infrastructure, “We have gathered here from all over the world to learn from each other on what we can do better to unleash a continental wide infrastructure development. We have often said Africa must be connected from Cape to Cairo, and we believe that we should lead the way to connect Africa.”  

To bolster infrastructure development, significant levels of capital are required – both in South Africa and regionally. Institutions such as the Development Bank of Southern Africa (DBSA) offer the finance needed to get large-scale projects off the ground.

The project pipeline, according to Zodwa Mbele, Group Executive: Chief Financial Officer at the DBSA, “was also dependent on institutions like the DBSA who were expected to provide and unveil the pipeline to the potential investors. It's very important that we get [projects] off ground and make sure that the infrastructure is developed because we also know that infrastructure is a [catalyst] for economic development.”

As such, South Africa's infrastructure development will largely center around public-private collaboration. John Humphrey, the UK's Trade Commissioner for Africa, explained that “partnership and collaboration sit at the heart of the UK approach to infrastructure globally, and that's why we're here today, to support the South African Government's National Infrastructure Plan and the priorities outlined in President Ramaphosa's recent address to the nation, including job creation, economic growth, solving the energy crisis, and improving public services.”

Closing off the evening, South Africa's Deputy Minister of Public Works and Infrastructure, Bernice Swarts underscored that, “Getting construction projects off the ground to build social and economic infrastructure is fundamental in building the Africa we want, improving services and creating jobs.”

Distributed by APO Group on behalf of Energy Capital & Power.

SIDSSA 2024 is organized by the Investment and Infrastructure Office under the Presidency, in collaboration with the Association of African Exhibition Organizers and Energy Capital & Power. The National African Federation for the Building Industry joins as an association partner, while the Development Bank of Southern Africa is the official sponsor of the event. The Masterclass on Sustainable Infrastructure Development is held in collaboration with the National School of Government.

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18 March 2024

Celebrate A Vibrant Easter Weekend In The Bay

Location: MyPR

Immerse yourself in the heart of Cape Town’s vibrant culture this Easter Weekend at the Bay Harbour Market in Hout Bay. Nestled in an authentic fish factory within a bustling working harbour, this unique market venue becomes a melting pot of creativity, diversity, and energy, embodying the true spirit of South Africa. Bay Harbour Market …

Read moreCelebrate A Vibrant Easter Weekend In The Bay
18 March 2024

When redefining value, higher education institutions will be increasingly required to step out of their comfort zones

Location: MyPR

When redefining value, higher education institutions will be increasingly required to step out of their comfort zones Higher education institutions worldwide are currently facing a critical period in their existence. They have to redefine their value proposition to a cohort of students who are not only digital natives but have grown up in an environment …

Read moreWhen redefining value, higher education institutions will be increasingly required to step out of their comfort zones
18 March 2024

Brothers in arms: The extra-ordinary service of two Players’ Fund pioneers

Location: MyPR

At the end of 2023, The Chris Burger Petro Jackson Players’ Fund bid farewell to two of its pillars in founding members and trustees Morné du Plessis and Frikkie Naudé. For 43 years, the pair paved the way for the non-profit organisation with extraordinary passion and left behind a solid foundation for the Players’ Fund …

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18 March 2024

Ministers commit to support transboundary cooperation in shared water basin

Location: News

Ministers commit to support transboundary cooperation in shared water basin

Ministers responsible for Water Affairs from the Republics of Botswana, Mozambique, South Africa and Zimbabwe have recommitted their support to deepening transboundary cooperation in the Limpopo River Basin.

During the biannual meeting by the four Member States held recently in Musina, Limpopo, the Ministers, who are all members of the Limpopo Watercourse Commission (LIMCOM), signed an endorsement agreement to make amendments to the existing transboundary agreement of LIMCOM on the shared water basin.

READ | SA, Zimbabwe to sign agreement for treated water transfer to Musina

The Department of Water and Sanitation has been a member of LIMCOM since the Commission was established between the Republics of Botswana, Mozambique, South Africa and Zimbabwe through the LIMCOM Agreement signed in November 2003 in Maputo, Mozambique.

Article 3.1 of the LIMCOM Agreement (Agreement 2003), stipulates that the objective of the Commission is to “advise the Contracting Parties and provide recommendations on the uses of the Limpopo River, its tributaries and its waters for purposes and measures of protection, preservation and management of the Limpopo River”.

With respect to the Commission’s institutional arrangements to deliver its mandate, the 2003 Agreement, under Article 4, stipulates that the principal organ of the Commission is the Council composed of not more than three delegates per country, with the mandate to establish the Secretariat and any other organ as may be necessary.

However, the Commission recognised that Article 4 of the LIMCOM Agreement signed in 2003 did not include the Council of Ministers as the principal organ of decision making. 

As a result, the formalisation of the Council of Ministers as the main policy body will improve the governance structure of LIMCOM and its Secretariat, and also foster closer cooperation for judicious, sustainable and coordinated management, protection and utilisation of shared watercourses. This is in line with the 2000 Revised Southern African Development Community (SADC) Protocol on Shared Watercourses. 

South Africa’s Water and Sanitation Minister, Senzo Mchunu, said it was necessary to include the Ministers so that they execute the mandate regarding the management of the Limpopo River Basin. 

Mchunu said the amendment of the agreement will strengthen South Africa’s relations with the three riparian States which share the Limpopo River Basin and use water from the river to support various socio-economic activities. 

“We are looking forward to execute the mandates given to us by the people through LIMCOM and we hope that Southern Africa will look at their rivers as assets which are instrumental in developing socio-economic activities including agriculture, tourism, energy generation as well as for domestic use,” Mchunu said.

Located in Southern Africa, the Limpopo River Basin encompassing portions of Botswana, Mozambique, South Africa, and Zimbabwe. The basin faces a number of challenges, especially water scarcity.

In South Africa, there are four Water Management Areas (WMA) found in the Limpopo River Basin, and these include Limpopo WMA, Luvuvhu and Letaba WMA, Olifants WMA and Crocodile (West) and Marico WMA. 

However, there is an increasing demand for water to meet the needs of the population and the key economic sectors while faced with limited, if not dwindling, water resources. 

The four Ministers also launched the “Integrated Transboundary River Basin Management for the Sustainable Development of the Limpopo River Basin, spearheaded by the United Nations Development Programme (UNDP) in South Africa, in partnership with the Global Water Partnership-Southern Africa (GWPSA).

The project aims to achieve integrated, cross sectoral, ecosystem-based management of the Limpopo River and to uplift the living standards of the basin’s population and conserve the basin’s resources and ecosystems services.

The project implementation is guided by the LIMCOM Agreement and the principles which are contained in the Revised SADC Protocol on Shared Watercourses of 2000.

The principles include sustainable utilisation; equitable and reasonable utilisation; protection, preservation, and conservation of the environment; and prevention and mitigation of significant harm.

“These principles shall be interpreted according to the provisions of Article 3 of the SADC Protocol and developed in accordance with the best international practices. 

“Furthermore, in the implementation of this project, the Governments of Botswana, Mozambique, South Africa and Zimbabwe commit themselves to uphold the provisions of the SADC Protocol on Gender and Development,” Mchunu said. – SAnews.gov.za

GabiK
Mon, 03/18/2024 - 10:55

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18 March 2024

Deepfakes a worrying trend in the run-up to elections

Location: News
KnowBe4

More than four billion people (https://apo-opa.co/4aerFVs) worldwide will take part in elections this year, including in the US, UK, India, and South Africa. However, the increasing prevalence of disinformation, fuelled by the growing use of deepfakes and generative AI, means that politicians and voters alike will need to be on high alert.

In the 2024 Global Risks Report (https://apo-opa.co/3wRJRWs), the World Economic Forum identified AI-generated misinformation and disinformation as the second most significant global risk after extreme weather. This concern is well-founded, especially with the rapid rise of tools like generative AI empowered deepfakes, posing a threat to the integrity of democratic processes. Deepfakes, which are highly realistic fabricated videos or images, can deceive voters, manipulate public opinion, and tarnish the reputation of political parties and politicians.

Anna Collard, SVP Content Strategy and Evangelist at KnowBe4 AFRICA, a cybersecurity training organisation, says there has been a vast improvement in the quality of deepfakes over the past year, making them more convincing and difficult to identify. In a notable incident from October last year, cybercriminals used deepfake videos (https://apo-opa.co/4aewZYY) to impersonate African Union Chairperson Moussa Faki Mahamat during online conversations with European diplomats. Similarly, in December, Facebook removed over 100 deepfake paid advertisements (https://apo-opa.co/3TBfnkt) featuring British Prime Minister Rishi Sunak after nearly half a million people viewed them.

“Deepfakes pose major risks in the run-up to elections, both in the UK and South Africa,” says Collard. “Voters need to be aware of this risk and be proactive about mitigating their impact.”

Be aware of deepfakes

According to Collard, the initial step in combating the impact of misinformation and disinformation through deepfakes is raising awareness. “It's crucial for the public to be aware of the existence of this phenomenon,” she emphasises, adding, “The production of deepfake videos and images is cheap and easy.”

CounterCloud, a research project to showcase how easy it is to create fully automated (https://apo-opa.co/3wSNhZ0) disinformation campaigns, operated with a modest budget of only $400. Its goal was to counter negative depictions of the US propagated by Russian media. “If you're a politician, expect deepfakes impersonating you to appear in order to sway public opinion,” she asserts. “Similarly, voters should not believe everything they see or hear on social media to be true.”

Verify information

Apart from raising awareness, another crucial principle is to verify information. “If a politician purportedly said something that's deeply polarising, it's important to verify whether they genuinely said it.” To counter the risk of deepfakes, the Independent Electoral Commission (IEC), in collaboration with Media Monitoring Africa, has launched an initiative called Padre (https://apo-opa.co/3THIwux). This initiative allows voters to fact-check information regarding South African political parties and their recent statements.

Google's reverse-image search (https://images.Google.com/) is another helpful tool that enables you to check if an online image has been used elsewhere. Additionally, FotoForensics (https://FotoForensics.com/) provides a more in-depth analysis of images. However, despite these tools, verifying information remains challenging. “Deepfakes are becoming more convincing, making verifying information even harder,” states Collard.

Don't over-react

Lastly, when faced with inflammatory content, Collard stresses the importance of voters not overreacting. “Scammers want to whip up your emotions and get you in a state where you're unable to think rationally,” she says. “Stay calm and don't share content that is overly emotive. Whenever your emotions are triggered, slow down and verify, -it could be a hoax.”

Collard believes that it is every voter's responsibility to educate themselves about the dangers of deepfakes. “AI-generated fake content has huge implications for society, especially during election periods,” she says. “To combat this form of disinformation and safeguard the democratic process, social media platforms, political parties and independent watchdogs as well as us the public will all need to work together.”

Distributed by APO Group on behalf of KnowBe4.

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18 March 2024

A Reflective Journey on Women’s Progress and Avon’s Pioneering Role in the last 25 years

Location: MyPR

In the lead up to International Women’s Day, it is an opportune time to engage in a thoughtful reflection on the strides made and the persistent challenges encountered in the pursuit of gender equality. Avon’s recently unveiled 2024 Global Progress for Women Report serves as a catalyst for contemplation, urging us to delve into the …

Read moreA Reflective Journey on Women’s Progress and Avon’s Pioneering Role in the last 25 years
18 March 2024

Navigating mental health challenges in African traditional settings

Location: MyPR

Navigating mental health challenges in African traditional settings South Africa – Last year, Fort Hare University’s Psychiatric Nursing department found that not only was the country’s growing mental health crisis exacerbating the country’s substance and rising suicide levels[1], but it was a major contributor to increasing crime levels.[2] In the recently released National Crime Statistics[3] …

Read moreNavigating mental health challenges in African traditional settings
17 March 2024

Mineral Resources and Energy committee chair welcomes passing of ERA Bill 

Location: News

Mineral Resources and Energy committee chair welcomes passing of ERA Bill 

The chairperson of the Portfolio Committee on Mineral Resources and Energy, Sahlulele Luzipo, has welcomed the passing of the Electricity Regulations and Amendment (ERA) Bill by the National Assembly (NA).

In a statement, Luzipo said the Bill is a product of the collective wisdom of everyone who participated in the process, including the public hearings held in all nine provinces and those who made written submissions. 

The provincial public hearings were held from 26 September 2023 to 29 January 2024 and the majority of those who participated supported the Bill.

The Bill seeks to amend the Electricity Regulation Act of 2006 and once enacted into law, it will enable the transformation of the country’s electricity sector to ensure electricity sustainability, supply and affordability.

READ | National Assembly passes Electricity Regulation Amendment Bill
 
“It proposes an end to the monopoly-driven market and allows competition through key legislative reforms. This move is underscored in the Department of Public Enterprises’ 2019 Roadmap for Eskom in a Reformed Electricity Supply Industry.
 
“The Bill, however, does not propose the privatisation of Eskom, which the majority of participants in the public hearings said they opposed,” the statement read. 

Furthermore, the Bill proposes the establishment, within five years, of a State-owned Transmission System Operator (TSO) that is legally distinct from Eskom; the expansion and alignment of the powers of the National Energy Regulator of South Africa (NERSA) to regulate the competitive market and the empowerment of NERSA to set and approve tariffs and prices, as well as regulate the participation of independent power producers (IPPs), among other things.

In the interim, it authorises a ring-fenced subsidiary of Eskom Holdings, in the form of the National Transmission Company of South Africa, or NTCSA, to fulfil the functions of the TSO.
 
The TSO is an enabler of a competitive market. Therefore, the functions of the TSO are grid ownership and operation, system operation, market operation, and the creation of a Central Purchasing Agency that will take care of the legacy and vesting contracts.

“I am happy that the NA has passed the Bill that is responding to the people’s concerns about the need for setting parameters on the competitive behaviour of IPPs [independent power producers], as this will ensure that the sector delivers sustainable electricity at competitive prices,” Luzipo said. 

According to Luzipo, this is important not only for competition but also because it addresses global commitments around climate change issues with regards to the country’s transition within the context of the Just Energy Transition framework. This is because the participation of multiple players will result in diverse electricity generation technologies, such as renewable energy.

“It is anticipated that, in the long-term, the Bill will drive down the cost of electricity generation, which will be passed on to consumers in the form of lower electricity bills.

“Further, new investment in the industry will bring new technologies and multi-year capital programmes that will enable new local industries and local businesses to empower youth and create new-age skills and digital capabilities because individuals who generate electricity for their use will be allowed to sell surplus to the government,” Luzipo said. 

The ERA Bill criminalises the unlawful destruction and damage of electricity infrastructure, inclusive of transmission, distribution or generation equipment and infrastructure.
 
This provision ensures that cable theft and unlawful electricity damage, amongst other things, are decisively addressed. 
The Bill states that if a person is convicted of these offences, a fine not exceeding R1 million will be imposed.

 
If a person is found guilty of unlawful trading of the electricity infrastructure as listed above, a fine not exceeding R5 million will be charged, or imprisonment not exceeding 10 years, or both such a fine and imprisonment.

Luzipo said that the committee intends for the Bill to not only address the immediate electricity challenges and load shedding but also to enable long-term electricity supply for businesses and the broader society. 

He thanked all political parties that supported the Bill in the NA and for putting the interest of the country and its citizens ahead of their political interests in the forthcoming elections.

Luzipo further thanked members of the committee and the staff for their dedication. – SAnews.gov.za

DikelediM
Sun, 03/17/2024 - 12:14

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17 March 2024

Dr Phil Mjwara takes a bow as Director-General of Science and Innovation

Location: News

Dr Phil Mjwara takes a bow as Director-General of Science and Innovation

Higher Education, Science and Innovation Minister, Professor Blade Nzimande has announced the retirement of Dr Phil Mjwara, the country's longest-serving Director-General, from his role as Director-General of the Department of Science and Innovation (DSI).
 
In a statement on Friday, the Ministry of Higher Education, Science and Innovation said Dr Mjwara has a long and distinguished career as a senior public servant. With 18 years of service, he holds the distinction of being the country’s longest serving Director-General.

“He played a leading role in shaping the policy and institutional architecture of South Africa’s National System of Innovation (NSI). He led the establishment of some of our country’s key science institutions, such as the Technology Innovation Agency (TIA) and the South African National Space Agency (SANSA). 

“He also played a leading role in laying the basis for and repositioning our NSI through policy interventions such as South Africa’s first national Science and Technology Foresight Exercise in the 1990s and later, the White Paper on Science, Technology and Innovation and the Decadal Plan for Science, Technology, and Innovation,” the ministry said. 

As chairperson of the Forum of South African Directors-General (FOSAD), he also played a critical role in coordinating some of the key projects of government and ensuring inter-departmental synergies. 

“Dr Mjwara leaves the public service with a solid reputation of visionary and ethical leadership,” said Nzimande.

READ | Dr Phil Mjwara honoured for promoting science, technology and innovation in SA 

Nzimande also announced that Mr Daan Du Toit has been appointed as acting Director-General for the Department of Science and Innovation,for a period of 12 months.

Du Toit brings with him a wealth of experience. He started his career in government at the then Department of Foreign Affairs, where he trained as a diplomat. Since 2002, he has been attached to the Department of Science and Innovation and served as the department's representative in Europe.

Du Toit is currently the Deputy Director-General at the Department of Science and Innovation, responsible for International Cooperation and Resources. Through this position, he has played a significant role in initiating and maintaining some of South Africa’s key global engagements and partnerships in the area of science, technology and innovation.

 
“The Minister thanks Dr Mjwara for his service to the nation, and wishes Mr Du Toit well on his appointment as Acting Director General,” the Ministry said. – SAnews.gov.za

DikelediM
Sun, 03/17/2024 - 08:59

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15 March 2024

Regent Business School alumnus wins Global Educator Award at EdTalk World Conference

Location: MyPR

Regent Business School alumnus Denagran Reddy, has been recognised as the Emerging Educator of the Year in the prestigious Ed Falcon Global Awards at the EdTalk World Conference held on 22 and 23 February 2024 in New Delhi, India. Reddy’s achievement underscores the pivotal role Regent Business School plays in nurturing outstanding educators and shaping …

Read moreRegent Business School alumnus wins Global Educator Award at EdTalk World Conference
15 March 2024

Irish Tech Challenge opens up opportunities for young entrepreneurs

Location: News

Irish Tech Challenge opens up opportunities for young entrepreneurs

Following the successful 2023 Irish Tech Challenge programme, which saw a group of young South African entrepreneurs display their tech start-ups in Ireland, the 2024 instalment of the challenge will be launched today.  

Ireland’s Minister for Housing, Local Government and Heritage, Darragh O’Brien, will on Friday officially launch the 2024 Irish Tech Challenge at the Tshimologong Digital Precinct in Johannesburg. 

The Vice Chancellor of the University of the Witwatersrand, Professor Zeblon Vilakazi, Ireland’s Ambassador to South Africa, Austin Gormley, and the Overseas Bilateral Cooperation Chief Director, Anneline Morgan, will join O’Brien. 

The team will be joined by officials from the Department of Science and Innovation (DSI). 

The Irish Tech Challenge is a partnership between the Embassy of Ireland in South Africa, the DSI, the Technology Innovation Agency (TIA), Wits University’s Tshimologong Digital Precinct and Dogpatch Labs, a start-up incubator in Ireland. 

“The initiative aims to help high-potential tech entrepreneurs in South Africa who are ready to scale globally and enhance their impact to overcome challenges such as limited resources, high tech costs, and network and infrastructure access,” the statement read. 

Winning start-ups will receive up to €10 000 (R204 330) in funding. 

The winners will also be treated to a 10-day trip to Ireland, where they will be part of a curated networking programme with access to the country’s top business leaders, and acceleration support to position their global scaling strategy, in collaboration with Dogpatch Labs in Ireland. 

They will also have access to the Irish tech ecosystem with potential opportunities for further funding, and increased exposure leveraged by both the Irish and South African governments. 

The DSI said it values the positive socio-economic impact of the Irish Tech Challenge, which assists South African tech entrepreneurs to contribute to driving innovation, job creation and inclusive economic growth in the country. – SAnews.gov.za

 

Gabisile
Fri, 03/15/2024 - 11:20

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