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When it comes to the South African fashion industry, we’re in a bit of a predicament. It’s imperative to encourage more sustainable and eco-friendly fashion, not only for climate reasons but for socioeconomic ones too. Locally produced sustainable and eco-friendly fashion (also called slow fashion) has to compete with cheap, imported fast fashion, which is …
Namibia, SA to explore business opportunities
Namibia and South Africa’s business executives will be exploring opportunities to increase trade and investment flows between the two countries at the Namibia-South African Business Forum and Exhibition on Friday.
The Business Forum and Exhibition, which will be held at the Windhoek Country Club, will focus on strategic priority sectors agreed to by both countries, namely, agriculture and agro-processing, automotive, clothing and textile, and green hydrogen, including exploring opportunities to strengthen cross-border value chains along with the integration of the requisite infrastructure and logistics supply chains.
The Forum will be held under the theme: “Forging a New Era of Mutually Beneficial and Reciprocal Trade and Investment Relations”.
The event will be hosted by Namibia’s Ministry of Industrialisation and Trade on the margins of the 3rd Session of the Namibia-South Africa Bi-National Commission (BNC), which is co-chaired by Namibian President Hage G. Geingob and President of South Africa, Cyril Ramaphosa.
Trade, Industry and Competition Minister Ebrahim Patel and the Namibian Minister of Industrialisation, Lucia Lipumbu, are expected to address the business forum.
The programme of the forum will include presentations on opportunities available to strengthen value chain linkages between the two countries, exhibitions, business-to-business meetings, and breakaway sessions for in-depth discussions on value chains in agriculture, automotive, green hydrogen, and clothing and textile sectors.
The business forum will provide businesspeople from the two countries a platform to exchange concrete ideas on the new opportunities that can be explored with the assistance of both governments to increase trade.
It is anticipated that a joint Namibia–South Africa business forum will be created and institutionalised to become a major platform that further enhances and solidifies trade, industrial and investment linkages between the two countries. – SAnews.gov.za
Edwin
Wed, 10/11/2023 - 10:08
The annual Cape Mental Health kite event was held at Heideveld Sports Field on Tuesday
A forward-looking panel at Critical Minerals Africa (CMA) 2023 (https://CriticalMineralsAfrica.com/) will explore how technology, sustainable practices and localization can ensure stable and secure critical minerals supplies, under the theme, The Future Minerals Economy and the Resilience of Supply Chains.
Panelists include Dr. Marit Y. Kitaw, Interim Director of the African Minerals Development Center (AMDC), Ethiopia; Deshan Naido, Managing Director of AQORA, South Africa; Duma Sisulu, Co-Founder & Chief Analyst at Parime Battery Minerals, South Africa; Alex Benkenstein, Head of the Climate and Natural Resources Program at the South African Institute of International Affairs (SAIIA); and Kwasi Ampofo, Head of Metals and Mining at BloombergNEF. The panel will be moderated by Olimpia Pilch, Founder and Chief Operating Officer of the Critical Minerals International Alliance, UK.
As demand changes and complexities increase, African and global mineral supply chains are undergoing several transformations to better manage supply disruptions and price fluctuations, from adopting digitalization to strengthening local and regional outputs. The panel will explore how market instability – triggered by the COVID-19 pandemic and Russia-Ukraine war – has accelerated the need for localized supply chains and how African countries can ensure their demand for critical and industrial minerals is met, while foreign markets like the US and Europe seek to secure their own supplies.
The panel will evaluate the strength of Africa's existing local and regional supply chains, strategies for improving operational efficiencies and the role of cross-border cooperation and partnerships in ensuring supply chain stability and resilience. Discussions will also address best practices for decarbonizing mining activities and how circular economy principles can be integrated to maximize resource efficiency and minimize waste, with a view to establishing green supply chains of the future.
Other key developments in the critical minerals space include mining companies diversifying their operations across multiple sectors, while fostering synergy among mining, energy, and oil and gas in the quest for transition minerals. As the sole high-level, dedicated summit for African critical minerals, CMA 2023 will bring these discussions to the forefront, as Africa emerges at the center of global hub activities.
Distributed by APO Group on behalf of Energy Capital & Power.
The Critical Minerals Africa 2023 summit on October 17-19 serves to position Africa as the primary investment destination for critical minerals. The event is organized by Energy Capital & Power and held alongside the African Energy Week 2023 conference (https://AECWeek.com) on October 16-20, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town.
Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com
Bloom where you’re planted There’s a gardener in everyone, and a garden waiting to take root in every space this spring. Gardeners everywhere are returning to sow and plant, but what to do if you don’t have a large soil-and-lawn garden but feel the spirit of the season stirring in your heart? Gardening has never …
JOHANNESBURG – As the clock ticks down to the Proteas’ opening match against Sri Lanka on October 7th in the World...
Specialised audit skills needed for climate transition Experienced accountants and auditors will be central to new sustainable business strategies as organisations look to meet net-zero targets With governments around the world looking to restructure their economies in response to a looming climate crisis, it is no longer enough for businesses to just donate to environmental …
Pact to fund STEM postgrad students
The National Research Foundation (NRF) and the Energy Mobility Education Trust have concluded a three-year partnership agreement to fund postgraduate students in the science, technology, engineering, and mathematics (STEM) and commerce fields.
The agreement is said to focus on traditionally marginalised groups and contribute to the transformation of the education landscape, with a specific focus on South Africans who are Black, female or people with a disability.
According to the Energy Mobility Education Trust CEO, Vuyo Mwase, the move will promote academic, scientific, and technological cooperation by supporting full-time studies for South African postgraduate students at the Honours level for the first year and Master’s and Doctoral levels from 2024.
“The Energy Mobility Education Trust has championed the attainment of formal qualifications in STEM and commerce for over years,” said Mwase.
The CEO also noted the lack of funding for postgraduate studies.
“As such, this complementary and strategic partnership with the NRF strengthens our position and commitment to narrowing this gap. Additionally, our partnership will augment the much-needed innovation in developing and managing the current and emerging renewable energy systems,” Mwase explained.
The programme will initially provide funding opportunities for 38 Honours students for the 2023 academic year, with an initial investment of R6.8 million, with Master’s and Doctoral programmes to start in 2024.
Funding for postgraduate students will be made available in the STEM disciplines, with a specific focus on mathematical science, data science, computer science, green economy, renewable energy and climate change studies.
The first phase of the programme will support students from the Universities of Fort Hare, Limpopo, Pretoria, Witwatersrand, Western Cape and Johannesburg.
The NRF’s Dr Mbulelo Ncango is of the view that the scholarship programme comes at a critical time as South Africa strives to respond to energy and climate change challenges amongst many other national concerns.
“This partnership is aligned with national policy goals on higher education, science, and technology such as the strengthening of human resource development and the creation of an enabling environment for innovation in South Africa,” he said. – SAnews.gov.za
Gabisile
Fri, 10/06/2023 - 15:00
A high-level presentation on the European Union's (EU) AfricaMaVal initiative and related efforts to establish sustainable critical raw material value chains in Africa will be delivered at the upcoming Critical Minerals Africa (CMA) 2023 summit (https://CriticalMineralsAfrica.com).
Led by Roberto Cecutti, Head of Trade and Economics, EU Delegation to South Africa and Sodhie Naicker, Managing Director of DMT and Kai Batla and Consortium Partner in AfricaMaVal, the presentation is one of several organized for the first day of the conference, serving to promote sustainable partnerships, policies and projects in raw materials and strengthen global critical mineral supply chains.
The AfricaMaVal project – “Building EU-Africa Partnerships on the Sustainable Raw Materials Value Chain” – aims to ensure responsible mineral sourcing by European countries, while fostering sustainable development and ESG practices across the African continent. The project targets 10 case studies in Morocco, Senegal, Gabon, the DRC, Tanzania, Mozambique, Zimbabwe, Namibia, South Africa and Madagascar, with a view to evaluating their respective mining and refining potential and strengthening their existing links to European partners.
Launched in June 2022 and set to run through November 2025, the AfricaMaVal initiative comes as Europe takes a mounting interest in Africa's critical minerals as an alternative supply to China and Russia. The EU has classified rare earth minerals as critical to delivering its flagship Green Deal and digital transition, which targets carbon neutrality by 2050.
The presentation aligns closely with the broader theme of CMA 2023 – Establishing the Critical Minerals Value Chain of the Future in Africa – which aims to position the continent as a global hub for sustainable mineral exploration, processing, technologies and trade.
Distributed by APO Group on behalf of Energy Capital & Power.
Critical Minerals Africa 2023 summit:
Organized by Energy Capital & Power, the Critical Minerals Africa 2023 summit, scheduled for October 17-19, serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week 2023 conference (https://AECWeek.com) on October 16-20, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com
In today’s world, where sustainability is becoming more crucial, harnessing solar energy is a significant step towards a green and efficient energy solution. Sun Savings is at the forefront of this revolution, offering a unique “rent to own” solar system opportunity for homeowners looking to make a positive environmental and economical change. Benefits of …
Representing Africa's most industrialized nation, South Africa has a strategic development plan in place centered on an integrated and diversified energy industry. While faced with an energy crisis, the country has prioritized regulatory reforms under efforts to attract new investment into the entire energy value chain, thereby stimulating power generation and heavy-fuel expansion. Policies such as the Renewable Energy Independent Power Producer Program (REIPPP) and the Integrated Resource Plan (IRP) serve as catalysts for growth, and during this year's African Energy Week (AEW) Conference & Exhibition – scheduled for October 16-20 in Cape Town – South Africa's Minister of Mineral Resources and Energy Gwede Mantashe will provide further insight into the country's just energy transition approach.
Mantashe is set to deliver an opening keynote address at the conference, joining a strong slate of regional energy ministers alongside Namibian President Hage Geingob and Senegalese President Macky Sall to discuss the future of Africa's energy sector.
Under Minister Mantashe's leadership, the Department of Mineral Resources and Energy (DMRE) has made great strides towards opening up the South African energy market. With energy security top of the agenda, the Ministry has been making a big play for investment, engaging with a suite of foreign investors and energy firms to advance both offshore and onshore exploration, the development of large-scale renewable energy systems and the adoption of new technologies.
While development has been slow, milestones reached by foreign and regional energy companies have set the country apart as one of the most promising plays for hydrocarbon investment. Two major gas discoveries made in 2019 and 2020 – the Brulpadda and Luiperd discoveries – identified nearly 1 billion barrels of gas condensate each. Neighboring success in the Namibian side of the Orange Basin – with five major finds made since 2022 – have further enhanced the country's offshore attractiveness.
Progress is gradually being made to explore this acreage, with TotalEnergies recently have been given the go-ahead to conduct exploratory works in Block 5/6/7. Onshore, the DMRE estimates the Karoo Basin to hold as much as 209 trillion cubic feet of gas, with various projects underway to confirm and exploit this potential. Kinetiko Energy and the Industrial Development Corporation are developing a Liquefied Natural Gas plant in the country, capable of producing 500 MW of power. The country is also getting to auction up to 10 onshore Blocks for shale gas exploration, with the bid round set to open in 2024 or 2025 once the relevant legislation is passed. These developments are positioning the country as both a highly attractive and increasingly competitive gas market, presenting strategic opportunities for advancing energy security.
However, South Africa's energy expansion transcends oil and gas. The country has been dubbed one of the most promising markets for green hydrogen adoption, given substantial untapped renewable energy resources and growing demand for heavy-fuels. Under the Hydrogen Society Roadmap – a framework for the development of projects across the country – South Africa is seeing a wave of industry-advancing developments kick off. The DMRE introduced a R300-billion investment pipeline, hoping to capitalize on the country's potential to produce 13 million tons of green hydrogen and derivatives by 2050. To date, 19 projects have been identified for accelerate development, including the 400-kt-per-annum Boegoebaai Green Hydrogen Project; 780,000 ton-per-annum HIVE Ammonia Project; and 185-kt Hydrogen Valley Project, among other developments.
South African green hydrogen pipeline will require between 140 and 300 GW of renewable energy and will introduce up to 3.7 million job opportunities, giving the country a $60 billion GDP boost. Policies such as the REIPPP and the IRP have enticed investment while underscoring the role a diversified energy mix plays in the country.
During last year's edition, Minister Mantashe stated that, “Many people talk about 600 million without access to electricity, until we break that number down, then we are talking for the sake of talking. Energy is more than electricity.” The approach by the DMRE to invest in every available resource is underpinned by the objective of making energy poverty history – the mandate of the AEW 2023 conference.
“Minister Gwede Mantashe has demonstrated time and time again a commitment to an energy secure South Africa. As a strong advocate for a just and inclusion energy transition, Minister Mantashe promotes the role each and every resource plays in Africa's energy future. His efforts to secure investment and drive development across the entire energy sector are poised to unlock new opportunities for economic prosperity,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).
Minister Mantashe will deliver an opening keynote address on the first day of the conference. His participation will strengthen dialogue and deals while promoting the need for a just and inclusion energy transition in Africa ahead of COP28 this year.
Distributed by APO Group on behalf of African Energy Chamber.
About African Energy Week:
AEW is the AEC's annual conference, exhibition and networking event. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent's entire energy industry. For more information about AEW 2023, visit https://AECWeek.com.
Tourism Equity Fund welcomed
Tourism Minister Patricia de Lille has welcomed Cabinet’s concurrence for the implementation of the Tourism Equity Fund (TEF).
Following a protracted court case, earlier this year, an out-of-court TEF settlement was reached with the applicants and the court application was subsequently withdrawn.
The Department of Tourism has been given the green light to implement the amended Tourism Equity Fund in line with existing legislation.
The R1.2 billion fund is managed by the Small Enterprise Finance Agency (sefa) on behalf of the department and was tailored to provide a combination of debt and grant finance to facilitate equity acquisition and entrepreneurship.
“The Department of Tourism and sefa are currently finalising the amended Tourism Equity Fund. We will announce the call for TEF applications by end of October 2023 and will also provide clarity on previous Tourism Equity Fund applications,” Minister De Lille said.
“The Department of Tourism remains committed to advancing the transformation agenda through creating equitable opportunities to realise an inclusive and revived tourism economy,” the Minister said. – SAnews.gov.za
Edwin
Thu, 10/05/2023 - 13:59
On 11 October 2023, the Premier of the Western Cape, Alan Winde, will provide the opening remarks at Green Energy Africa Summit's (https://GreenEnergyAfricaSummit.com/) high-octane deal pitching platform, the Energy Investment Village.
A selection of ten African clean-tech start-ups will pitch their clean-tech solutions before a panel of judges and a room full of potential international investors on day 2 of the highly anticipated Green Energy Africa Summit. The Premier's presence at the Energy Investment Village signals the growing interest in - and serious consideration of - African clean-tech start-ups as viable clean energy investment assets.
This is the second year that Green Energy Africa Summit (https://apo-opa.info/3PLZHI8) has hosted the Energy Investment Village. The initiative was developed in partnership with Freeport Saldanha's Innovation Campus (https://www.InnovationCampus.co.za/) and advisory firm, the Research Institute for Innovation and Sustainability (RIIS) (https://EnablingInnovation.Africa/) and Anza Capital (https://Anza.holdings/), an early-stage tech start-up investment company. The Energy Investment Village is supported by Africa Scotland Business Network, JSE, Oceanhub-Africa, Savant, Firecracker, CHIETA, and Sasol.
The Green Energy Africa Summit itself provides an important role in enabling international investors to originate projects that will reduce the energy deficit whilst also contributing to developing low-carbon pathways. The Energy Investment Village is the action-based aspect of the Summit, providing a key moment for African clean energy projects and international investors to have direct sight of one another.
According to a report by the International Energy Agency, African energy investment needs to double to over USD 200 billion per year by 2030, for the continent to meet its energy-related development goals. However, emerging and developing economies (except for China) remain stuck at 2015 levels, with no increase since the Paris Agreement was reached.
Premier Winde says, “Our energy demands are currently outstripping supply. When ramping up capacity, clean energy solutions must be a priority. This is particularly important for South Africa if we are to reach our goal of net zero emissions by 2050, to which we've committed in our Low-Emission Development Strategy as part of the UNDP Climate Promise, and the Western Cape Government is committed to supporting. Initiatives such as the Green Energy Africa Summit's Energy Investment Village are excellent vehicles to enable clean energy innovation to flourish. As the Western Cape Government, we are investing heavily in making our province energy resilient. This involves striking a balance between driving economic growth while at the same time developing and harnessing renewable energy solutions.”
As well as finding potential investor-start-up linkages and synergies, the competing start-ups can win valuable prizes provided by the Energy Investment Village sponsors. This includes capacity-enhancing programmes such as:
Additionally, up to R5 million in VC funding (dependent on terms & conditions and company audit) will be made available by Anza Capital, and corporate membership to an international network worth R9k will be given to the top start-up by Africa Scotland Business Network. A cash prize of R100k from Sasol for a selected start-up.
Energy Investment Village finalists for 2023
Find out more about attending Green Energy Africa Summit and take part in the excitement as the Energy Investment Village finalists battle it out for pole position: https://apo-opa.info/3Q6u6Cp
Distributed by APO Group on behalf of Green Energy Africa Summit.
Media Contact:
Amie Sparrow
PR Manager
amie.sparrow@hyve.group
About Green Energy Africa Summit:
The Green Energy Africa Summit is a high-level gathering advocating for policy reforms and the harmonisation of Africa's natural resources, to help pave the way for a just energy transition to ensure Africa remains competitive and attractive to global finance. The Green Energy Africa Summit takes place in the heart of Cape Town at the Cape Town International Convention Centre 2 (CTICC2) from 10-11 October 2023.
In today’s fast-paced world, the demand for efficient and long-lasting power sources is ever-increasing. Enter lithium-ion batteries, the modern-day energy powerhouse. Among the brands leading the charge in this domain is Geewiz. Why Opt for Geewiz’s Lithium-Ion Batteries? Geewiz’s Lithium-Ion Batteries are not just your typical batteries. They represent a fusion of cutting-edge technology, …
Unmatched Asia: Top destinations for South Africans to visit in 2023: South Africans in need of a break or holiday should look no further than alluring Asia, offering striking scenery, a smorgasbord of unique culinary experiences, and some of the most wonderful travel experiences. South Africans may be spoiled for choice when it comes to …
Defy’s solar-operated appliances a game changer for the environment
The Defy manufacturing plant, the country's largest home appliance producer, on Monday declared its commitment to environmental progress.
The announcement was made during Trade, Industry, and Competition Minister Ebrahim Patel’s visit to a plant situated in Ladysmith, KwaZulu-Natal.
During his visit, Patel was hosted by Defy Appliances CEO Mustafa Soylu, management, staff and NUMSA shop stewards.
A major announcement was made regarding South Africa's advancement towards green technology and sustainability. The Ladysmith plant will initiate the production of fridges and freezers capable of operating entirely on solar energy, marking a substantial step in promoting eco-friendly alternatives in the appliance industry.
Soylu said the pioneering initiative marks a monumental step in the production of environmentally friendly appliances, positioning South Africa as a leader in the fight against climate change.
The innovative products, anticipated to be available for retail by January 2024, is set to empower families to adopt a fully green approach to their food cooling units at home.
Patel expressed his support for this remarkable advancement.
“Climate change necessitates a comprehensive transformation of the technologies utilized both at home and within the industry. South Africa is actively ensuring the production of future technologies and meeting the demand for lower-emission consumer products,” he said.
Patel highlighted the significant progress from Defy’s previous hybrid units that required partial access to grid energy.
The new units, designed to operate exclusively on solar energy, will be equipped with an attached battery system, enhancing their efficiency and eco-friendliness.
“I am delighted that Defy is focusing on making these fridges and freezers affordable, enabling a broader consumer base to transition to green appliances,” Patel said.
Defy Appliances continues to make substantial contributions to the local economy, employing over 2 000 workers in South Africa and producing 1.5 million appliances locally.
The range includes fridges, freezers, stoves, ovens, dryers and top-loading washing machines. With two factories located in Jacobs in eThekwini and Ezakheni in the Ladysmith area, Defy stands as a significant player in the local manufacturing sector.
In addition to bolstering local production, Defy exports products to 35 other African countries said Soylu, reinforcing South Africa’s position as the continent’s largest producer of home appliances.
Today’s announcement and Patel’s visit underscore the commitment of both the South African government and industry leaders like Defy appliances to prioritize sustainable and green technologies.
This initiative not only contributes to the global effort to mitigate climate change but also signifies the nation’s dedication to innovation, economic growth, and the welfare of its citizens. – SAnews.gov.za
Edwin
Mon, 10/02/2023 - 13:03
The Earthshot Prize has announced the 15 Finalists for this year's Prize at the second Earthshot Innovation Summit (https://apo-opa.info/3ZCnC1i), an event held alongside the UN General Assembly, in partnership with Bloomberg Philanthropies, to celebrate and champion innovators focused on solving our most pressing global climate challenges.
Out of over 1,100 nominations, the 15 Finalists for The Earthshot Prize stood out following a rigorous evaluation process conducted by a panel of scientific, academic, and subject-matter experts. Each of these Finalists stands a chance to win one of the five £1 million prizes designed to propel their initiatives towards greater impact. The unveiling of the five Winners will take place at the third annual Earthshot Prize awards ceremony scheduled later this year in Singapore.
Furthermore, all the Finalists will benefit from invaluable mentorship, resources, and technical support through The Earthshot Prize Fellowship Programme. This program will also provide them with access to a robust network of influential businesses, investors, and climate experts.
The Earthshot Prize revolves around five transformative 'Earthshots,' each embodying simple yet ambitious goals that represent the world we aspire to build for future generations.
In the spirit of celebrating African innovation, we are proud to highlight two remarkable finalists from the continent: Freetown the Tree Town representing Sierra Leone and ABALOBI from South Africa.
These African finalists come after Mukuru Clean Stoves, a start-up providing cleaner-burning stoves to women in Kenya to reduce unhealthy indoor pollution and provide a safer way to cook, won the coveted environmental prize during the inspirational awards ceremony hosted in Boston last year.
Freetown the Tree Town is a visionary initiative aimed at reforesting landscapes, restoring the degraded coastline of Freetown, and creating sustainable green jobs. The project meticulously tracks newly planted trees, assigning them to local tree guardians, and publicly documenting their growth, resulting in an impressively high survival rate for newly planted trees.
ABALOBI, on the other hand, is a community-centric mobile application supporting small-scale fishers in their quest for sustainable fishing practices while preventing the overfishing of at-risk species. It also enhances boat and fisher safety by providing real-time weather warnings and tracking capabilities. The initiative has already expanded its reach beyond South Africa, directly benefiting over 1,600 fishers with a substantial increase in revenue due to better access to profitable markets for sustainable species.
"We are immensely proud to see African innovation shining on the global stage through the Earthshot Prize. At MultiChoice, as a proudly African organization, we believe in the power of homegrown solutions to address the world's most pressing challenges. These African finalists exemplify that spirit, and we salute their remarkable efforts in safeguarding our planet for future generations,” says Keabetswe Modimoeng, Group Executive at MultiChoice Group.
By participating in this prestigious prize, African innovators gain a platform to showcase their solutions, inspire corporate entities to join the fight against climate change, and urge governments to prioritize climate action on their national agendas.
In addition to the chance to win the £1 million prize, all Finalists will receive tailored support and resources from The Earthshot Prize Global Alliance Members, an unprecedented network of private sector businesses worldwide dedicated to scaling innovative climate and environmental solutions to maximize their impact.
The five Winners will be carefully selected by The Earthshot Prize Council, a diverse team of influential individuals committed to leveraging their platforms to champion inspiring leadership and elevate urgent efforts to restore and regenerate our planet.
The Earthshot Prize is a truly global initiative, bringing together a diverse coalition of nominators from over 200 individuals and organizations worldwide. It encompasses a distinguished Expert Advisory Panel and The Earthshot Prize Council, comprising influential figures who wholeheartedly support positive environmental action.
The fifteen Finalists have earned their place through rigorous assessment and their potential to make a game-changing impact on a global scale, all while contributing positively to people, communities, and the natural world.
Distributed by APO Group on behalf of MultiChoice Group.
MultiChoice Group Contact Details:
Litlhare Moteetee
Corporate Communications
Tel: +27 11 289 3312
Litlhare.Moteetee@Multichoice.co.za
Follow The Earthshot Prize on:
Instagram: https://apo-opa.info/3t9maY3
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About MultiChoice Group:
MultiChoice Group (MCG), which was listed in the Main Board of the JSE on 27 February 2019, is one of the fastest-growing video entertainment providers globally, delivering entertainment products and services to 23.5m households across 50 countries on the African continent. Its track record of more than 30 years is reflective of a commitment to providing audiences with only the best local, sports and international content.
MCG's strong partnerships with distributors, installers, and telecommunication companies, along with its well-established payment solutions, competitive pricing and choice of viewership packages continue to secure its place in the global market, while also providing solutions unique to the African market.
Its direct-to-home (DTH), digital terrestrial television (DTT) and over-the-top (OTT) solutions enable the business to stay relevant and aligned to changing consumer habits while capturing new markets.
Content is at the very core of the business. MCG aims to deliver quality content anywhere, anytime and on any device through a comprehensive video entertainment offering at different price points. As pioneers in African video entertainment, MCG plays an important role in making information and entertainment easily accessible to Africans.
MCG aims to secure content rights in a manner that is cost-effective and reflective of the diversity of its audiences. Its substantial portfolio includes award-winning local content (a key differentiator in its service offering), a leading sport offering (including production capabilities) and access to international content, which is all shared on the group's platforms: DStv, GOtv, Showmax, M-Net and SuperSport.
MCG has superior technology capability through the security solutions that Irdeto, its technology company, brings to the group. These solutions enable MultiChoice to protect its investment, create new offerings and combat cybercrime. With 50 years' expertise in software security, Irdeto's software security solutions and cyber services protect over 5bn devices and applications for some of the world's best brands.
About The Earthshot Prize:
Founded by Prince William and incubated in The Royal Foundation in 2020 for a year before becoming an independent platform/organization, The Earthshot Prize is a global environmental prize and platform designed to discover, accelerate and scale ground-breaking solutions to repair and regenerate the planet. Inspired by President John F. Kennedy's Moonshot, which united millions of people around the goal of reaching the moon, The Earthshot Prize aims to catalyze an Earthshot challenge to urgently encourage and scale innovative solutions that can help put the world firmly on a trajectory towards a stable climate, where communities, oceans and biodiversity thrive in harmony by 2030. The five challenges are: Protect and Restore Nature; Clean Our Air; Revive Our Oceans; Build a Waste-Free World; and Fix Our Climate.
The Prize aims to turn the current pessimism surrounding environmental issues into optimism by championing inspiring leadership and helping to scale incredible cutting-edge solutions. It will discover 50 winners over 10 years with the power to repair the planet. More than an award, The Earthshot Prize works in partnership with a Global Alliance of Partners to support the scaling of the solutions discovered and selected each year. For more information about The Earthshot Prize, visit: www.EarthshotPrize.org.
Gauteng school finalists in National EduPlant School Garden Competition 2023 September 2023. Five schools based in Gauteng have been selected as finalists in the annual national EduPlant School Gardening Competition 2023. Boitumelong Secondary School, Gahlanso Primary School, and Peter Zongwane Primary School in Tembisa; Masizani Primary School in Atteridgeville, Tshwane; and MC Weiler School in …
In a world where we often focus on our differences, it’s intriguing to uncover the fascinating parallels between human well-being and the health of our leafy counterparts. Delving into the intricate dance of metabolic processes, nutrient uptake, and defence mechanisms shared by humans and plants, Professor Farooqe Azam, R&D VP at Bontera BioAg, lends his …
SA should accelerate mass youth employment, entrepreneurship - Mashatile
South Africa should prioritise the creation of mass youth employment and business opportunities, said Deputy President Paul Mashatile.
The Deputy President believes that this should be done by implementing policies that foster entrepreneurship, enhance vocational training, improve access to finance, and encourage private-sector investment.
“We can empower our youth and pave the way for a prosperous future,” he stressed.
The country’s second-in-command was delivering the keynote address at the South African Youth Economic Council (SAYEC) Gala Dinner at the Marriot Hotel in Johannesburg, on Tuesday.
The platform focused on “assessing government and private sector policies necessary for mass youth employment and business opportunities in South Africa”.
“This theme serves as a compelling call for both the government and private sector to collaborate to evaluate and deliberate on strategies that can expedite the involvement of young individuals in the critical sectors of the economy.”
As government, he told the delegates that the government values the role that youth and youth bodies, including SAYEC, play in moulding the nation's future and propelling its development.
“Your energy, creativity, and determination possess the potential to unlock untapped opportunities within our economy.”
He acknowledged that like other countries globally, South Africa is grabbling with challenges of unemployment.
“Furthermore, some challenges are associated with effectively integrating young people into the economy.”
He also stressed a need for further development of the skills necessary to secure formal employment or establish successful business opportunities specifically tailored for youth.
Deputy President Mashatile encouraged youngsters with an aptitude for business to grab entrepreneurial opportunities and start enterprises relevant to their skills.
“South Africa has a diverse economy with several promising sectors that entrepreneurs can take advantage of.”
He said sectors currently driving the economy include manufacturing, retail, financial services, mining, agriculture, tourism, and the green industry.
“The green sector offers a range of possibilities for entrepreneurs interested in sustainable and environmentally friendly technologies and practices.”
Renewable energy, he said, particularly solar, waste management, including recycling, and sustainable packaging is currently crucial.
“There are also opportunities to meet the growing demand for sustainable and energy-efficient building practices in South Africa.”
He went on to touch on investing in the mining sector.
“We agree with you that this is an important sector that we must teach our young people how to run and manage these industries, as they are the future and next generation of industry leaders.
“The current state of the mining industry is not very impressive. We presently export raw materials, and we must create opportunities for youth-led manufacturing and industrial endeavours,” he admitted.
He said mining is a costly endeavour, requiring the creation of more funding opportunities for youth.
“I urged the youth to interact with a variety of investors to provide more capital so that the youth can transform their ideas into reality and become producers and not just consumers.”
“We must create an enabling policy framework encouraging private sector investment in youth-focused industries,” he added. – SAnews.gov.za
Gabisile
Wed, 09/27/2023 - 11:49
Africa must collaborate on green energy agenda
Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa, says intra-Africa collaboration will be important in the drive towards decarbonisation and strengthening energy security on the continent.
The Minister was addressing the UNESCO 9th Africa Engineering Week held in Gauteng on Tuesday.
“The power pool on the SADC [Southern African Development Community] side is essentially matured (sic). I’m told that there is a similar power pool that is taking shape on the eastern side and the western part of the continent. I think that once we pool all of that together, we are going to get to a situation where we are going to exploit the opportunities that are presented.
“The major discoveries of gas on the west coast of the continent… Namibia is far advanced in that. There’s a significant amount of deposits on the east side… Mozambique has been doing that for some time. Central Africa… the degree to which we are able to use hydro.
“If you pool all of these things together you can see that the possibilities of us greening becomes real and I think we are going to benefit from these opportunities and resources if we are able to…collaborate better. That level of cooperation will be necessary going into the future and then we become energy secure,” he said.
The minister further emphasised that because of its rich endowment in resources that are essential to the green economy, Africa must set its own standards.
“What drives us is the quest to ensure that we industrialise on the back of these renewable resources [and] on the back of the demand that is coming from the major western countries.
“We will define what those standards are as Africans; we don’t need to be lectured by someone from outside. We know what is in our collective interest and for as long as we are disjointed we are going to be super exploited. We must determine the standards and no-one should be doing that on our behalf,” Ramokgopa said.
The minister added that although renewable energy sources remain important, South Africa will pursue an energy mix that fits the country’s needs.
“Renewable energy is important. We are committed to decarbonisation and we are endowed. But remember that renewable energy survives of the redundancy of baseload - so coal, gas, nuclear [and] hydro are going to be part of the energy mix going into the future.
“The success of renewable energy is undergirded by the presence of baseloads so we are not about to abandon or relinquish that resource. It’s about making sure that there’s an optimal mix. It’s not a binary conversation, it’s not the one against the other but it’s doing both in a balanced way,” he said.
Turning to the South African context, Ramokgopa said the country – with its deep resources of minerals used in green hydrogen production – can take advantage of the world’s thirst for clean energy sources.
“It’s important that we are able to exploit these resources… the best radiation, the best wind speeds are found here on the continent and in this country. So it’s important that we are able to domesticate value addition. We know that…there are about 60 countries globally that have committed to a net zero path.
“Some of the most industrialised countries account for over 70% of the emissions and therefore they are prepared to pay a premium for them to access this green hydrogen. In some instances your market will be driven by the international market. For us as a country, because of the large scale amount of… industrial uses in the heavy industry, you can still deploy green hydrogen.
“And also the potential of the introduction of carbon borders is likely going to ensure that there’s an early uptake of this green hydrogen even given the cost premium so that these industries are able to continue to access those lucrative markets,” he said. – SAnews.gov.za
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NeoB
Wed, 09/27/2023 - 10:19
Developed economies must do more to tackle climate change
President Cyril Ramaphosa has re-emphasised the call for developed economy countries to fulfil their pledge to assist developing nations in their transition to low carbon economies.
The President was addressing the nation through his weekly newsletter.
“While the nations of the world agreed in Paris in 2015 on urgent actions to limit global temperature rises and mitigate the impact of climate change, the effects of climate change are being increasingly felt with greater ferocity.
“Although developed economy countries promised to support developing economies as they transition to low-carbon, climate resilient societies, this support has not been forthcoming at the scale and with the urgency that is needed.
“Among other things, wealthy countries have not provided the promised finance that vulnerable countries need to adapt to climate change and to cover the cost of the loss and damage caused by climate disasters,” he said.
Last week, on the sidelines of the recent United Nations General Assembly (UNGA), UN Secretary General António Guterres held a Climate Ambition Summit.
President Ramaphosa said South Africa used the summit to “reiterate our long-stated position that developed economy countries must fulfil their obligations and honour their past promises to developing economy countries”.
“This is not about charity. It is about economic and social justice. Africa’s people are literally paying the price for the industrialisation and development of the countries of the north.
“It is also about shared interests because the economic and social havoc caused by climate change will make the world more unstable, less secure and will increase competition for scarce resources like water and food,” he said.
Self-development
President Ramaphosa emphasised that although developed countries share the responsibility to assist developing nations, Africa is taking steps to ensure its own climate change resilience.
“As African countries, we cannot be bystanders to our own development. We are putting the necessary measures in place to de-carbonise our respective economies while pursuing sustainable development.
“The transformation of the energy landscape in Africa is a priority. As African countries, we have called on the international community to support efforts to increase the continent’s renewable energy capacity while ensuring energy security for Africa’s people.
“This needs to take place alongside increased investment in smart, digital and efficient green technologies in carbon-intensive sectors such as transportation, industry and electricity,” he said.
The President described South Africa’s own efforts towards de-carbonising the country’s carbon intensive economy.
“As South Africa, we want to use our abundant solar and wind resources to position our country at the forefront of the clean energy transition.
“Regulatory reforms undertaken by this administration have resulted in a confirmed pipeline of renewable energy projects that are expected to produce in excess of 10 gigawatts of electricity,” he said.
A just transition
President Ramaphosa added that de-carbonisation of economies must be “just and inclusive” and also be consistent with “our national circumstances and development plans”.
He warned that some measures like the European Union’s Carbon Border Adjustment Mechanism – aimed at increasing tariffs on imports produced through carbon intensive processes – may “simply further increase the vulnerability of developing economies”.
“This is likely to have a significant impact on South African producers, increase the costs of South African exports into European markets and reduce our economy’s competitiveness.
“In my address to the Climate Ambition Summit, I said that trade mechanisms must enable products from Africa to compete on fair and equitable terms. Trade tariffs and non-trade barriers that have an environmental purpose should be the product of multilateral agreements,” he said.
President Ramaphosa said while South Africa remains committed to “contributing our fair share to the global climate change effort”, the circumstances of developing countries must “must be taken into account”.
“To achieve the Sustainable Development Goals by 2030, unity of purpose and action between countries is vital, as is a common commitment to multilateralism in the global climate change effort.
“Ultimately, no country should be forced to choose between climate action and meeting their developmental aspirations,” he said. – SAnews.gov.za
NeoB
Tue, 09/26/2023 - 09:24
Johannesburg, September 2023: “After a process that involved reviewing over 500 applications and selecting the top 30 Womenpreneurs in South Africa for a panel review, we are thrilled to announce the Top 30 exceptional women from which one winner, two runners up, and the Top 10 will be chosen.” So says Sugendhree Reddy, Chief Executive …
Nzimande visits Japan to strengthen hydrogen economy cooperation
The Minister of Higher Education, Science and Innovation, Dr Blade Nzimande, is leading a delegation to Tokyo, Japan, as part of efforts to build a hydrogen economy in South Africa.
The engagements will profile the work of the Department of Science and Innovation (DSI) in hydrogen energy, and promote collaboration, investment and innovation in support of the deployment of hydrogen at scale, as envisaged in the Hydrogen Society Roadmap for South Africa.
The roadmap, launched by the DSI in 2022, is a national coordinating framework to facilitate the integration of hydrogen-related technologies in various sectors of the South African economy, a vital part of stimulating economic growth, in line with the Economic Reconstruction and Recovery Plan.
“Establishing a manufacturing sector for hydrogen products and components is one of the roadmap's key outcomes,” the department said.
The engagements kick-started on Monday, 25 September, with Minister Nzimande and the delegation participating in the Tokyo GX Week Plenary Session.
The GX Plenary is hosted by Japan's Minister of Economy, Trade and Industry (METI), Yasutoshi Nishimura, as part of the Tokyo GX Week 2023.
Tokyo GX Week, according to the DSI, aims to accelerate efforts towards net zero emissions.
“The programme of international meetings related to energy and the environment aims to achieve green transformation (GX), moving countries away from fossil fuel-dependent economic, social and industrial structures, towards clean energy that will lead to economic growth and development, as well as reduced greenhouse gas emissions.”
The Minister will also address the 6th Hydrogen Energy Ministerial Meeting, which will be attended by Ministers and world leaders in the energy and environment fields in both the private and the public sectors.
Today, the DSI will host a South Africa-Japan workshop with the Japan External Trade Organisation.
The aim of the workshop, the department said, is for South African and Japanese entities to discuss putting together a large-scale demonstration project on hydrogen.
“Minister Nzimande and Mr Nishimura are expected to sign a memorandum of cooperation between the DSI and METI to facilitate cooperation on developing a sustainable and affordable hydrogen and ammonia supply chain.”
“The two countries have a shared recognition that this is key to achieving net zero emissions,” said the DSI.
South Africa and Japan have a longstanding relationship and common interests in science, technology and innovation (STI).
Bilateral cooperation in STI between the two countries has been growing steadily since the agreement on STI in 2003.
The engagements will continue until 27 September. – SAnews.gov.za
Gabisile
Tue, 09/26/2023 - 10:12