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growth
South Africa outlines G20 Presidency plans at WEF
South Africa outlines G20 Presidency plans at WEF
As the world convened in Davos for the World Economic Forum (WEF) Annual Meeting recently, South Africa presented its vision for the G20 Presidency this year – outlining a path towards a more equitable and sustainable future.
This is according to President Cyril Ramaphosa who addressed the country through his weekly Presidential newsletter on Monday.
South Africa’s theme for the Group of Twenty (G20) Presidency is Solidary, Equality, Sustainable Development.
“We made the point that it is in the interests of all countries, large and small, wealthy and poor, to reduce global inequality. That is why one of our priorities is ensuring debt sustainability for low-income countries. By freeing up funds for debt relief in these countries, they will be in a better position to invest in infrastructure, industrial development, education, health care and other forms of development.
“Another focus area, which both reduces poverty and promotes sustainability, is the mobilisation of finance for a just energy transition. Through this, developing economy countries will be able to pursue a low-carbon development path while protecting the interests of affected workers, businesses and communities,” the President said.
Related to this, the President spoke of the “mobilisation of special financing and insurance to enable vulnerable countries to rebuild after being struck by natural disasters” and harnessing critical minerals “to promote inclusive growth and development”.
He emphasised, however, that in order for sustainable growth to be achieved, countries must work together.
“We stressed that our themes and priorities are underpinned by the principle of cooperation. Throughout history, human progress has been possible only through collaboration among peoples and countries.
“We therefore renewed our call for the resolution of global challenges through multilateral actions. We called for inclusive solutions that recognise that the world is more interconnected than ever before,” he said.
Pressing further, the President emphasised that the current world climate shows that “no country can go it alone”.
“No country can sustain its growth, stability and development without working together with other countries to overcome common problems,” he said.
Positive sentiment
President Ramaphosa revealed that South Africa’s message at WEF “resonated with the participants in Davos”.
“It was a sentiment shared by many of the business leaders with whom we interacted, as well as with other heads of state and multilateral institutions.
“Many of the people we spoke to endorsed South Africa’s G20 priorities. They saw the value of our focus on Africa and the interests of countries with developing economies. They appreciated the importance of reducing inequality within and between countries and the need for new growth paths that are climate-friendly sustainable,” he said.
READ | President Ramaphosa outlines SA's G20 Presidency priorities at WEF
Furthermore, there was a much-improved sentiment towards “South Africa and the prospects for our economy in the years ahead”.
“They commented on the successful transition from the 6th to the 7th administrations and the formation of the Government of National Unity. They saw this as a sign of stability and a common commitment among parties to inclusive growth, employment and a capable state.
“They welcomed the far-reaching reforms that are underway in areas such as energy, logistics, telecommunications and water to grow and transform our economy.
“The South African delegation left Davos with a sense that there are many leaders in the world that share our vision of an inclusive, just and equal world. And that they are prepared and willing to work with us through our G20 Presidency towards the achievement of such a world,” President Ramaphosa concluded.
The annual WEF meeting held from 20 to 24 January 2025, convened global leaders to address key global, and regional challenges. – SAnews.gov.za
NeoB
Mon, 01/27/2025 - 11:17
287 views
Trade, Industry and Competition unpacks Transformation Fund
Trade, Industry and Competition unpacks Transformation Fund
The Department of Trade, Industry and Competition (the dtic) says the Transformation Fund is a critical initiative that advances South Africa’s constitutional commitment to economic redress and inclusive growth, which the dtic is bound by.
Rooted in Section 9(2) of the Constitution, it aims to promote shared equality through legislative and other measures to empower black-owned enterprises and small, medium, and microenterprises (SMMEs).
The fund also reflects the statement of intent of the Government of National Unity (GNU), which emphasises fostering redress and inclusive economic growth.
“The GNU’s transformative agenda seeks to dismantle systemic barriers to economic participation, ensuring that historically-disadvantaged communities are afforded equal opportunities to thrive in all sectors of society,” said the department.
In addition to advancing the constitutional imperative of economic redress, the fund is anchored in the Broad-Based Black Economic Empowerment (B-BBEE) Act, particularly Section 2(h), which obligates government to "increase the effective economic participation of black-owned and managed enterprises, including small, medium, and micro enterprises and cooperatives, and enhance their access to financial and non-financial support”.
The fund directly addresses these priorities while promoting greater compliance with B-BBEE requirements and unlocking opportunities for sustainable growth.
Aligned with the National Development Plan’s (NDP) Vision 2030 to eliminate poverty and reduce inequality, the fund supports Outcome 4: decent employment through inclusive economic growth.
It also reinforces the department’s Medium-Term Development Plan (MTDP) 2024–2029, which prioritises job creation and inclusive economic participation, as outlined in the revised Annual Performance Plans (APPs).
The following include the objectives of the Transformation Fund:
- Promotes economic inclusion: Provides financial and non-financial support to black-owned enterprises, ensuring meaningful participation in the economy.
- Addresses fragmentation: Aggregates resources from existing Enterprise and Supplier Development (ESD) obligations and other sources to enhance impact and efficiency.
- Fosters sectoral growth: Focuses on high-impact sectors, including agriculture, tourism, ICT, manufacturing, and businesses in township and rural areas.
- Enhances market access: Offers technical assistance, pre- and post investment support, and market access opportunities to beneficiaries.
- Supports industrialisation: Aligns with South Africa’s industrial policy to stimulate growth in productive sectors and underdeveloped areas.
“The Transformation Fund is not about imposing new obligations but about ensuring that existing commitments under the B-BBEE legislation are strategically utilised to create meaningful economic transformation. It embodies our constitutional mandate to achieve equality and empower historically disadvantaged communities,” Minister of Trade, Industry, and Competition, Parks Tau, said.
As outlined in the department’s revised Annual Performance Plans (APPs), the fund’s conceptual framework will be opened for public consultation and stakeholder engagement with a target to mobilise R100 billion by 2029.
“We welcome the ongoing debate on transformation and look forward to broad participation during the consultation process. This timeline underscores the dtic’s commitment to achieving sustainable and impactful transformation.”
He said the Transformation Fund was not merely a funding mechanism, “it is a catalyst for change”.
“Through collaboration with the private sector, civil society, and other stakeholders, we will create an economy that is inclusive, sustainable, and reflective of South Africa’s diversity.” – SAnews.gov.za
Janine
Sun, 01/26/2025 - 12:30
91 views
Devnarain on SA Readiness
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DPWI welcomes signing in to law of the Expropriation Bill
DPWI welcomes signing in to law of the Expropriation Bill
Public Works and Infrastructure Deputy Minister Sihle Zikalala has welcomed the signing into law of the Expropriation Bill by President Cyril Ramaphosa on Thursday.
The Deputy Minister has described it as seminal and ground-breaking.
“The legislation affirms the role of the state in unlocking land for socio-economic development and for distributive purposes. The legislation also paves way for expropriation in the public interest and is in full alignment with the Constitution,” said the Deputy Minister in a statement.
The legislation places the Department of Public Works and Infrastructure as the executing authority of expropriation.
All applications for those seeking expropriation for a public purpose and in the public interest must go through the department.
Zikalala, in his capacity as the former Minister of Public Works and Infrastructure, accelerated the finalisation of this legislation and oversaw its passing by the National Assembly.
The bill aligns with Section 25 of the Constitution and is modelled on international best practices and it complied with all public consultation processes.
“This is the legislation that will take South Africa in reality on the path of economic transformation and inclusive economic growth” said Zikalala.
“This is a culmination of the long history of struggle waged by the forbearers against the dispossession of the majority of Black people through the 1913 Land Act and the notorious Group Areas Act.
“We will use the newly promulgated legislation to enhance the delivery of infrastructure development programmes, industrialisation and agricultural reform that improves food security,” the Deputy Minister added.
He said that, as the President had indicated, the legislation will be implemented without destabilising the economic and development prospects of the country. – SAnews.gov.za
Edwin
Fri, 01/24/2025 - 08:48
371 views
Health Department convenes first G20 Health Working Group meeting
Health Department convenes first G20 Health Working Group meeting
The Department of Health will convene the first virtual Group of 20 (G20) Health Working Group meeting on Friday, 24 January 2025, as part of the country’s G20 Presidency activities planned for 2025.
“The objective of this meeting on health is for South Africa to present its G20 Health Working Group priorities to the Member States and other invited stakeholders to be informed about the country’s priorities and also to make inputs accordingly,” the department said in a statement.
The mandate of the Health Working Group is to improve global health by addressing health challenges, building resilient health systems, and promoting equitable access to health services.
This virtual meeting will focus on the theme: ‘Accelerate Health Equity, Solidarity, and Universal Coverage’ and will include representatives from all G20 Member States, invited non-Member States and international organisations.
The health priorities identified within the broader South African G20 Presidency will form part of the deliberations on the day and include the strengthening of primary healthcare as a pathway towards Universal Health Coverage (UHC), the Pandemic Prevention Preparedness and Response, and strengthening of health and care workforce.
The leaders will also focus on stemming the tide of non-communicable diseases and science and innovation for health and economic growth.
“This will be the first of the planned meetings, both in-person and virtual, scheduled to take place throughout the year across the country,” the department explained, adding that the outcomes of these technical working group meetings will inform part of the discussions at the meetings for G20 Health Ministers culminating in a G20 Health Working Group declaration.
South Africa assumed the G20 Presidency, being the first African country to do so, on 1 December 2024. – SAnews.gov.za
Gabisile
Thu, 01/23/2025 - 13:34
103 views
Minister Meth stresses collaboration with Labour Federations for fair policies, effective enforcement
Minister Meth stresses collaboration with Labour Federations for fair policies, effective enforcement
Employment and Labour Minister Nomakhosazana Meth has emphasised that close collaboration with labour federations is integral to shaping equitable policies and ensuring effective enforcement.
Speaking at the National Economic Development and Labour Council (NEDLAC) Annual Labour School in Pretoria on Wednesday, Meth said the union’s insights inform better law-making and governance and enhance the department’s capacity to monitor compliance.
“The role of unions in a free South Africa has been a testament to the indomitable will of the South African people. The growth, strength and influence of unions play an indispensable role in advocating for worker’ rights and ensuring that the economic gains of our country are shared amongst all its people.
“We recognise the transformative role that thought leadership and transversal coordination play in aligning policy, catalysing industrial expansion, and equipping our workforce for tomorrow’s opportunities,” Meth said.
She said NEDLAC, which comprises members from government, business, labour and civil society, remains the country’s statutory social dialogue forum and was essential for forging a balanced consensus on labour and socio-economic legislation.
“We will continue to defend and elevate NEDLAC’s role, ensuring that government departments comply with the requirement to table all labour-related Bills there.
“It is also vital that Parliament allows NEDLAC engagements to unfold thoroughly before finalising legislative processes, preserving the spirit of inclusive policymaking that underpins South Africa’s democracy,” she said.
Meth spoke about South Africa's high unemployment rate, especially youth unemployment, which stood at 45.5 % as of the third quarter of 2024.
She said that these alarming statistics are echoed in the nation’s communities, as poverty, social tension and lost economic potential.
The Minister said the crisis is even more acute among the youth, threatening to create a “lost generation”, whose long-term career prospects are permanently curtailed.
“We recognise that stand-alone programmes cannot solve this crisis. Effective solutions must align with overarching frameworks such as the National Development Plan (NDP), the Economic Reconstruction and Recovery Plan (ERRP), and the Medium-Term Development Plan (MTDP) 2024 – 2029.
“These plans point us to an inclusive path of structural transformation, where public and private resources unite to generate sustainable growth and reduce inequality,” she said.
Following the 2019 reconfiguration, the Department of Employment and Labour broadened its scope from primarily regulating labour standards to actively driving employment creation.
Meth explained that this expanded mandate rests on three core pillars, including harmonising and coordinating multi-departmental initiatives to maximise impact and Leveraging data-driven insights to shape policy decisions and anticipate future skill requirements.
The third pillar is streamlining job creation projects and fostering partnerships across government, the private sector, and civil society.
In October last year, Meth announced that the department would increase the number of labour inspectors from 2000 to 20,000.
The inspectors play an important role in ensuring that companies stick to the labour laws and help the department achieve its mandate.
The Minister further emphasised that it is crucial for government and organised labour to work together.
“We should, together with a renewed sense of urgency, work to tackle the interwoven challenges of unemployment, inequality and poverty. Our collective purpose must clearly ensure that every policy, programme, and partnership we pursue brings us closer to an economy where dignified, productive work is available to all,” she said.
Meth further extended her gratitude to organised labour for its vigilance and activism in always raising pertinent issues in different workplaces.
“Let us move forward together, government, labour, business, and civil society and strengthen the bonds of social partnership and ensuring that South Africa’s commitment to inclusive growth is not just an aspiration but a lived reality.
“The future of work summons us to respond with unity, innovation, and unyielding determination to improve the lives of all who call our country home,” she said. – SAnews.gov.za
DikelediM
Thu, 01/23/2025 - 11:40
7 views
Ministers and CEOs to Convene at Invest Africa’s 12th Annual Mining Series
Invest Africa (www.InvestAfrica.com), a leading pan-African trade and investment platform, is excited to announce Aon as the Headline Partner for its 12th Annual Mining Series alongside Mining Indaba 2025. With demand for transition metals expected to grow fivefold by 2050 as the world shifts to cleaner energy, Africa's mining sector will play a pivotal role in driving the global energy transition. Mining Series 2025 will convene government leaders, industry experts, and investors to examine how Africa can leverage its resources for sustainable and inclusive growth in an ever-evolving global market.
Confirmed speakers include: Mr Dean William Macpherson, Minister of Public Works and Infrastructure, Republic of South Africa; Dr Kgosientsho David Ramokgopa, Minister of Electricity, Republic of South Africa; H.E. Antony Phillipson, High Commissioner to South Africa, United Kingdom; Marna Cloete, President, Ivanhoe Mines; Marie-Chantal Kaninda, President, Glencore DRC; and Brian Menell, Chairman and CEO, TechMet; alongside other prominent leaders from government and industry [(for the full programme, click here (https://apo-opa.co/3PNtMr8)].
"The mining sector is at a crossroads as it navigates the dual challenges of accelerating demand for transition metals and the need for greater sustainability and transparency," said Dr Nolwandle Mgoqi, Chief Executive Officer, Aon South Africa. "Africa holds the key to powering the energy transition, but unlocking this potential requires a forward-thinking approach to risk management, resilient supply chains, and transformative technology. Aon is honoured to partner with Invest Africa in fostering critical dialogue and innovative solutions to shape the future of mining."
“We're seeing a tremendous appetite for investment in Africa's mining sector,” said Chantelé Carrington, Chief Executive Officer, Invest Africa. "Through the Mining Series, our mission is to shine a spotlight on opportunities across the continent and catalyse partnerships that unleash the full potential of Africa's resources while ensuring sustainable and inclusive growth."
Invest Africa is deeply grateful to all our partners for their support of the 12th Annual Mining Series, including: Absa, Afreximbank, Africa Finance Corporation, Aon, Black Mountain, Growth Gateway, Loinette Capital, Premier Invest, and S-RM.
To register for the 12th Annual Mining Series, please click here (https://apo-opa.co/4jtTWg4).
Distributed by APO Group on behalf of Invest Africa.
For media enquiries, contact:
george.meadows@investafrica.com
+2776891975
About Invest Africa:
Invest Africa is a leading business and investment platform with over sixty years of expertise in Africa, dedicated to connecting businesses with unique opportunities across the continent. Our global network comprises more than 400 member companies, including multinationals, private equity firms, institutional investors, development finance institutions, professional service providers, government bodies, and entrepreneurs.
With chapters in Kenya, South Africa, the UAE, the UK, and the US, we leverage our global reach, market intelligence, and extensive network to support and connect businesses. Our mission is to drive socio-economic growth by facilitating sustainable capital flows and providing strategic insights through our membership, consultancy services, and dynamic events programme.
Public Works Department decries surge in infrastructure vandalism amid scrap metal theft
Public Works Department decries surge in infrastructure vandalism amid scrap metal theft
The Department of Public Works and Infrastructure has raised serious concerns about the relentless wave of infrastructure destruction, including the theft of aluminum and cables, the vandalism of traffic lights and railway lines, and the destruction of pylons.
In a recent incident, the department condemned the brazen actions of armed criminals who targeted government properties to steal steel, aluminum, and other valuable materials.
Late last night, security personnel at Public Works House, located in the Central Business District (CBD) of Pretoria, thwarted an attempted robbery by a group of armed intruders. The suspects were attempting to steal aluminum and steel infrastructure, including furniture, from the government premises.
The confrontation resulted in two suspects being shot after the group, armed with dangerous weapons, forcibly infiltrated the guarded property. The attackers are believed to be part of a notorious syndicate involved in the vandalism and theft of metals for sale in the scrap metal market.
Some of the suspects reportedly carried machetes (commonly referred to as pangas) to intimidate and attack security guards. Despite the violent encounter, the security team responded swiftly, wounding two intruders while others managed to escape.
“There have been numerous incidents of vandalism reported at various properties within the CBD area of Tshwane, with Public Works House being a frequent target,” the department stated. It added that fencing had also been repeatedly dismantled and stolen from government properties.
The department expressed concern that some of these crimes may be linked to individuals addicted to substances like nyaope, who sell stolen materials to scrap metal dealers for quick cash.
“The flourishing scrap metal industry and its apparent link to stolen materials are having a devastating impact on critical infrastructure and the broader economy,” the department warned.
The injured suspects were transported to a hospital, while some of the security personnel involved in the incident have been questioned as part of an ongoing police investigation.
“As investigations continue, the department will intensify security measures to safeguard public assets, which are essential for public use and economic growth,” the statement concluded.
– SAnews.gov.za
Edwin
Thu, 01/23/2025 - 09:26
2 views
President Ramaphosa outlines SA’s G20 Presidency priorities at WEF
President Ramaphosa outlines SA's G20 Presidency priorities at WEF
President Cyril Ramaphosa has highlighted the significance of South Africa's G20 Presidency and the economic priorities of the South African Government of National Unity during a special address to the 55th World Economic Forum in Davos-Klosters, Switzerland.
The President told world leaders that South Africa will focus its G20 Presidency on three themes - namely solidarity, equality and sustainable development.
He emphasised the country’s commitment to advancing a just energy transition, fostering inclusive growth and addressing global inequalities.
“As a leading forum for international economic cooperation, the G20 plays an important role in shaping and strengthening global architecture and governance on major international economic issues,” the President said.
He pointed out that the G20 is being hosted on the African continent for the first time in history.
“This is a moment of great significance for South Africa, the African continent and the world in that it was in Africa where humans developed the capacity and the impulse for cooperation.
“Cooperation has been one of the key markers of human development touching on many aspects of life, from survival and social organisation to technological and cultural progress, which is what the G20 was established for - to foster cooperation to deal with the challenges the world faces. Cooperation is the bedrock of human civilisation,” President Ramaphosa said.
He referred to former President Nelson Mandela’s speech at the WEF annual meeting 33 years ago, when Tata Madiba said: “Our interdependence, bringing us together into a common global home, across the oceans and the continents, demands that we all combine to launch a global offensive for development, prosperity and human survival.”
President Ramaphosa said South Africa's G20 Presidency is aimed at pursuing the objective of fostering solidarity, equality and sustainable development.
“It is South Africa’s firm view that these themes can best be taken forward through the collective actions of institutions like the G20 and various multilateral institutions of the world, especially the United Nations, the WTO [World Trade Organisation] and global financial institutions, which should be reformed and be more representative and responsive to the needs of the citizens of the world.
“We will seek to get the G20 to focus more on how we can enhance solidarity through collective efforts to ensure that in the pursuit of progress for all, no person and no country is left behind,” the President said.
He emphasised that the rights and freedoms of one people cannot be separated from the rights and freedoms of all peoples. The President said that this is the foundation on which solidarity is built.
He said one of the greatest impediments to growth, development and stability is the persistence of inequality within and between countries.
The pursuit of the UN Sustainable Development Goal on reducing inequality is as much of an economic imperative as it is a social imperative, President Ramaphosa said.
“As the G20, we need deliberate and coordinated efforts to focus on inclusive growth based on responsive trade and investment to grow the incomes of poor nations and the poorest in society and to ensure equal access to opportunities especially for women and young people.
“For nations to flourish, equality and prosperity must be available to everyone – regardless of gender, race, religious beliefs or economic status,” he said.
Mobilising Finance for a Just Energy Transition
Another of South Africa’s priorities for its G20 Presidency is to mobilise finance for a just energy transition.
President Ramaphosa underscored the need for enhanced climate financing, urging global financial institutions to redirect unused Special Drawing Rights to support developing economies, particularly in Africa and the Global South.
“It is simply not fair that over 60% of Special Drawing Rights are concentrated in a handful of wealthy countries. These resources should empower countries in Africa to invest in infrastructure, education, health care, and industrial development,” the President said.
He called for innovative financing mechanisms and private capital to scale sustainable development, urging global institutions to derisk and support financing for emerging markets.
Highlighting South Africa’s Just Energy Transition Partnership, the President said: “We must accelerate the transition to low-carbon economies in a manner that is just and inclusive, while recognising the damage that climate change has already caused.”
Strengthening disaster resilience
With the increasing frequency of climate-induced natural disasters, President Ramaphosa said South Africa has therefore made the strengthening of disaster resilience as one of the priorities of its G20 Presidency.
He called for special financing and insurance mechanisms to support post-disaster reconstruction, particularly in vulnerable regions.
Harnessing critical minerals for inclusive growth
President Ramaphosa said another priority is to harness critical minerals for inclusive growth and development.
“We need a G20 framework on green industrialisation and investments to ensure progress towards a grand bargain that promotes value addition to critical minerals close to the source of extraction.
“We also need the development of low-carbon manufacturing value chains which can support decarbonisation and industrial development. As mineral extraction accelerates to match the needs of the energy transition, the countries and local communities endowed with these resources must be the ones to benefit the most,” the President said.
Showcasing Africa’s promise
President Ramaphosa highlighted Africa as the next frontier of global growth, with its abundant natural resources, young population and expanding markets.
He called for G20 support for the African Continental Free Trade Area (AfCFTA) Adjustment Fund, investments in infrastructure, youth skills development, and women’s economic empowerment.
“The digitisation of the continent to enhance trade and development is a key enabler. Through its G20 Presidency, South Africa is well-positioned to advance global cooperation and build partnerships for growth and development,” he said.
Advancing global cooperation
President Ramaphosa praised South Africa’s inclusive governance under the Government of National Unity, which he credited with fostering stability and investor confidence.
“This cooperative culture and approach was taken to a higher level with the establishment of the Government of National Unity following the elections we held in May last year.
“The Government of National Unity, made up of 10 political parties, has been vital to stability and inclusive governance, and has contributed to greater interest among investors in South Africa’s economic prospects,” he said.
The President said over the last few years, the South African government has been working closely with social partners in business and in labour to address key national challenges and drive inclusive growth.
Concluding his address, President Ramaphosa extended an invitation to world leaders to attend the G20 Summit in Johannesburg later this year.
He said the seeds of human progress were sown in Africa, where the earliest forms of cooperation were forged and developed.
“As the leaders of the G20 return to Africa, we make a call that we all harness these essential capabilities that will make us take action to build a better and fairer world. We intend that the G20 in Johannesburg this year should be a forum where cooperation and collaboration amongst the leading economies in the world will be taken to a higher level.
“Acting together, we should build an inclusive, just and equal world in which all may prosper, leaving no one and no country behind. I look forward to welcoming you to the G20 in Johannesburg later this year.
“Even if you do not participate in any of the 130 G20-related meetings, I invite you to come and see South Africa for yourself, the most beautiful country in the world,” he said. – SAnews.gov.za
DikelediM
Wed, 01/22/2025 - 12:30
10 views
South Africa is undergoing ‘fundamental transformation’ – President Ramaphosa
South Africa is undergoing 'fundamental transformation' - President Ramaphosa
President Cyril Ramaphosa, says South Africa is undergoing a “fundamental transformation” - as it seeks to accelerate inclusive economic growth.
President Ramaphosa was speaking at the South Africa Night World Economic Forum (WEF), held at the Garden Hall in Davos Klosters, Switzerland, on Tuesday evening.
The event, hosted by Brand South Africa, celebrated the country's G20 Presidency, an extraordinary opportunity to shape the global agenda for inclusive growth and sustainable development.
The event was held on the sidelines of the annual WEF meeting, which is taking place from 20-24 January 2025, under the theme: "Collaboration for the Intelligent Age".
The President told the gathering that the country has introduced reforms in sectors, including water, electricity and logistics, that are serving as a base for economic growth.
“South Africa is undergoing a fundamental transformation. We have introduced bold economic reforms to overcome persistent challenges and unlock the vast potential of our country and its people.
“These reforms have underpinned the country’s economic recovery in the wake of more than a decade of stagnant growth, state capture and the worst global pandemic in more than a century. These reforms are laying a firm foundation for sustained and accelerated growth into the future,” President Ramaphosa said.
He added that the reforms, and the subsequent structural transformation are “sharpening South Africa’s competitive edge, boosting productivity and attracting investment”.
The President pointed to the establishment of the Government of National Unity (GNU), as an example of the commitment from all leaders to maintain “stability, progress and partnership” in South Africa, as the country moves towards inclusive growth.
“While each party campaigned on different platforms, the Government of National Unity has agreed on a common programme to grow an inclusive economy, create jobs and build a capable state.
“Surveys have shown that South Africans have confidence in the Government of National Unity to take the country forward. It has also contributed to a marked improvement in business and investor confidence,” he said.
President Ramaphosa also pointed to partnerships that have been developed between government and social partners, in order to drive the country forward and face challenges together.
“We have a tradition of dialogue and cooperation, of working together to overcome even the most intractable of problems. As we confront the challenges of the present, social partners have been working together, in various forms and forums, to drive a programme of inclusive growth and transformation.
“A concrete example of this is the strategic partnership between the South African government and business. This collaboration focuses on innovative solutions to tackle critical issues, such as energy security, infrastructure gaps, crime and corruption, and job creation,” President Ramaphosa said.
President Ramaphosa described 2025 as “a momentous year for South Africa”, as the country takes its place as the first African country to bear the Presidency of the Group of 20 (G20).
He said through South Africa’s G20 Presidency, the country will demonstrate its unwavering commitment to global solidarity, equality, and sustainability.
“From the triumph of democracy 30 years ago, to our ongoing pursuit of inclusive growth, South Africa has demonstrated that collaboration and determination can shape a brighter future. It is this ethos we bring to the G20.
“Our Presidency provides a platform to amplify voices that have often gone unheard. It is an opportunity to advocate for solutions that prioritise the well-being of all, particularly the most vulnerable. South Africa is well placed to play this role,” he said. – SAnews.gov.za
NeoB
Wed, 01/22/2025 - 10:30
108 views
Nzimande forms part of ministerial delegation to World Economic Forum
Nzimande forms part of ministerial delegation to World Economic Forum
The Minister of Science, Technology and Innovation, Professor Blade Nzimande, is part of the South African delegation, led by President Cyril Ramaphosa, attending the 55th World Economic Forum (WEF) in Davos, Switzerland.
The annual meeting is taking place from 20 - 24 January 2025, under the theme: ‘Collaboration for the Intelligent Age’.
“The meeting will convene global leaders to address key global and regional challenges, which include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition,” the Department of Science, Technology and Innovation (DSTI) said.
During its Group of 20 (G20) Presidency in 2025, South Africa will endeavour to create equitable opportunities for all by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively.
As part of the contribution of the DSTI, Nzimande participated in WEF panel discussions on Tuesday.
The discussions focused on scaling solutions for Africa’s economic future and getting the electric vehicles supply chain right.
Today, the Minister will take part in another session focused on the theme: ‘Space: Leaving No Country Behind’.
President Cyril Ramaphosa touched down in Davos on Tuesday and has already delivered a special address to the WEF, where he presented the economic priorities of South Africa’s Government of National Unity and the country’s G20 Presidency.
During the week, the President will undertake numerous bilateral meetings with Heads of State and Government and leaders of international organisations.
He will also participate in diverse activities in different sectors of the WEF annual meeting.
The President is accompanied by Minister of International Relations and Cooperation, Ronald Lamola; Minister of Finance, Enoch Godongwana; Minister of Trade, Industry and Competition, Parks Tau; Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa; Minister of Communications and Digital Technologies, Solly Malatsi; Minister of Fisheries, Forestry and Environment, Dr Dion George; Minister of Health, Dr Aaron Motsoaledi and Minister of Agriculture, John Steenhuisen. – SAnews.gov.za
Gabisile
Wed, 01/22/2025 - 09:37
78 views
Government, private sector partner to empower learners in rural KZN
Government, private sector partner to empower learners in rural KZN
Learners in uMkhanyakude, in the uMtubatuba region of northern KwaZulu-Natal, received a boost at the start of the school year when the Deputy Minister of Science, Technology and Innovation, Nomalungelo Gina, led a back-to-school campaign.
In partnership with Coca-Cola Beverages South Africa and the Izimpande Foundation, the Deputy Minister on Tuesday delivered 132 new school shoes to Bathathe and Mfekayi primary schools.
Both schools are no-fee institutions that provide accessible, quality education to their communities.
These schools are pivotal in uplifting the Mtubatuba region by fostering educational growth and opportunities for young learners.
Gina reaffirmed her belief that every learner deserves the necessary resources to thrive academically.
The Deputy Minister also extended her efforts to KwaNxusa High School in the uMthonjaneni Municipality and Qantayi High School in the uMhlathuze Municipality, where she donated essential stationery earlier this month.
Inspired by her initiative, Coca-Cola Beverages South Africa and the Izimpande Foundation partnered with the Deputy Minister to expand the campaign and provide much-needed school shoes.
The KwaZulu-Natal Department of Education District Director, Thanduyise Motha, emphasised that providing children with adequate resources from the foundation phase sets a strong base for their academic success.
He said uMkhanyakude has risen to become KwaZulu-Natal’s top-performing district for the National Senior Certificate (NSC) Class of 2024, securing the third spot nationally.
Motha said when he was first appointed to the position, the district was ranked 75th countrywide, highlighting the incredible progress made in improving educational outcomes in the region.
Referring to the donation of school shoes, Motha said the gesture helps to contribute to the excellent pass rate in the district, which motivates learners to study further and harder.
He believes that this also motivates teachers to commit more to the success of the learners.
“This shows that government delivers on its promises at the basic education level, and I thank the Department of Science, Technology and Innovation for gracing us with this much-needed support,” Motha said.
Meanwhile, the Deputy Minister expressed her gratitude to the private sector for its role in the initiative.
“I thank the private sector for partnering with government in this initiative to positively impact our children, planting a seed from which the learners will reap benefits for their future,” she said.
During her interaction with the learners, Gina was inspired by their ambitions, as some learners expressed aspirations of becoming doctors, while another learner shared his dream of pursuing a career as a social worker.
The Deputy Minister encouraged all learners to stay committed to their studies and thanked parents for their essential role in supporting their children’s education.
Izimpande Foundation’s Sihle Ngobese highlighted the importance of supporting male learners in society, an initiative that led to the formation of the non-profit organisation in 2019, and the donation of school resources to various schools around the country.
“The idea of donating school resources is more than anything personal, where I was even assisted by someone I did not even know (sic). This planted a seed in me that I will also help others, just as I was helped.”
The principals of both schools expressed their heartfelt gratitude for the generous donation.
They both expressed hopes for continued support to further improve their school infrastructure and educational resources for the betterment of their learners.
The back-to-school campaign underscored the transformative power of partnerships in addressing challenges faced by underprivileged learners and ensuring they have the tools and support needed to excel in their education. – SAnews.gov.za
Gabisile
Wed, 01/22/2025 - 09:17
7 views
Mashatile calls on Nedlac stakeholders to execute plans to grow the economy
Mashatile calls on Nedlac stakeholders to execute plans to grow the economy
Deputy President Paul Mashatile has acknowledged that the country’s efforts to promote economic growth through investments and infrastructure development have yet to yield satisfactory results due to slow economic growth.
Delivering the keynote address at the annual Nedlac Organised Labour School held at Kievits Kroon in Pretoria on Tuesday, Mashatile cited ArcelorMittal South Africa's recently proposed closures and reduction in production in the steel industry, which is expected to impact thousands of direct and indirect jobs.
The Deputy President noted that some companies in the mining sector have implemented significant employment cuts.
“Through our collective efforts, we have developed collectively-agreed sector plans. However, all stakeholders of Nedlac [National Economic Development and Labour Council] must bear the responsibility of facilitating the speedy execution of these plans so they can live up to our expected outcomes. There is evidence that we can do this,” the Deputy President said.
He believes that a 1.5% economic growth is insufficient to tackle some challenges facing the country.
“We want to see much bigger growth going forward to address the challenges. In a way, the austerity measures are a result of an economy that is not growing as fast as we had envisioned.“
The Nedlac Organised Labour School takes place every year to evaluate the current state of the labour market and the challenges that workers face in the country.
Delegations from various labour federations, guests from the International Labour Organisation, and representatives from government departments filled the conference room.
The Deputy President reviewed policy programmes designed to ensure decent employment for the majority of South Africans in the past three decades.
He emphasised substantial improvements in labour conditions, unemployment rates and social benefits.
“We have also introduced the minimum wage, the two-pot retirement system, as well as other policies that cushioned workers and the poor.”
However, despite progressive interventions, the Deputy President stated that challenges such as high unemployment, poverty, inequality, crime and gender-based violence persist.
He believes that the COVID-19 pandemic tested the resilience of the labor sector and exposed vulnerabilities within the economic framework.
“It is through the collective efforts of government, unions, and the private sector that we were able to protect millions of workers’ livelihoods, even in the middle of adversity.”
In addition, the State was also instrumental in the introduction of improved retirement packages and social benefits for dependents of labour union members, providing greater financial security for workers and their families.
There is a silver lining amid the challenges, the Deputy President said, as South Africa’s official unemployment rate decreased from 33.5% in the second quarter to 32.1% in the third quarter. This marks the first decline in a year and indicates a positive shift in the labour market.
G20
The country’s second-in-command turned his attention to South Africa hosting the Group of Twenty (G20) Leaders’ Summit this year -- a first for an African country.
Mashatile believes that hosting the G20 will help advance Africa’s development agenda, as well as that of the Global South.
“We, therefore, expect that labour in South Africa, will, through the Civil Society 20 (C20), contribute to discussions that will reshape the global agenda, as we seek to resolve the challenges of poverty, unemployment and inequality, but also reframe and reposition global financial institutions towards social justice.”
The G20 aims to ensure that world leaders pay attention to the recommendations and demands of organized civil society.
As the nation forges ahead, Mashatile said it is imperative to harness the collective power of all stakeholders – unions, government and the private sector – to ensure that South Africa’s labour market is inclusive, fair and globally competitive.
“We must address income inequality and improve the quality of life for our workforce. We are not merely fostering economic growth but building a South Africa where every worker feels valued and empowered.”
He called on everyone in the room to recommit themselves to the values of solidarity, equity and justice.
“The labour movement, as the backbone of our nation, holds the power to drive South Africa’s economic transformation. Together, through collaboration and collective action, we can overcome the challenges of the 21st century and create a future of dignity, equality and prosperity for all workers.”
Mashatile noted that the Nedlac Organised Labour School session coincides with the World Economic Forum, where President Cyril Ramaphosa and other government leaders are representing the nation.
The team, led by the President in Davos, Switzerland, will advance South Africa's position on important global issues, particularly those related to economic development, as a key player in the global economy and within the continent. – SAnews.gov.za
Gabisile
Tue, 01/21/2025 - 12:39
187 views
President Ramaphosa arrives in Davos for the World Economic Forum
President Ramaphosa arrives in Davos for the World Economic Forum
President Cyril Ramaphosa has arrived in Davos-Klosters, Switzerland, where he is leading the South African delegation at the 55th World Economic Forum (WEF).
The annual meeting is taking place from 20-24 January 2025 under the theme; “Collaboration for the Intelligent Age”.
The meeting brings together global leaders to address key global and regional challenges, which include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.
Supported by his delegation, President Ramaphosa’s programme will begin this afternoon with a bilateral meeting with Founder and Chairman of the World Economic Forum Board of Trustees, Klaus Schwab.
“During the G20 Presidency, South Africa will endeavour to create equitable opportunities for all by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively,” the Presidency said in a statement.
President Ramaphosa is also set to deliver a Special Address to the forum at 15:50 (CEST), where he will outline South Africa’s economic priorities and advance the country’s G20 Presidency.
South Africa’s G20 agenda, themed “Solidarity, Equality, Sustainability,” aims to promote equitable opportunities, address systemic disparities, and foster global collaboration to tackle shared challenges.
The President’s Special Address will be live streamed on wef.ch/wef25 and PresidencyZA Social media platforms.
Throughout the week, the President will hold numerous bilateral meetings with Heads of State, and Government leaders, and Heads of International Organisations. He will also participate in a variety of sessions and activities in different sectors of the WEF annual meeting.
President Ramaphosa is joined by key Cabinet members, including Minister of International Relations and Cooperation Ronald Lamola; Minister of Finance Enoch Godongwana; Minister of Trade, Industry and Competition Parks Tau; Minister of Electricity and Energy Dr Kgosientsho Ramokgopa; Minister of Science, Technology and Innovation Dr Blade Nzimande; Minister of Communications and Digital Technologies Solly Malatsi; Minister of Fisheries, Forestry and Environment Dion George; Minister of Health Dr Aaron Motsoaledi and Minister of Agriculture John Steenhuisen. – SAnews.gov.za
DikelediM
Tue, 01/21/2025 - 13:09
337 views
South Africa to showcase country’s ‘energy agenda’ at WEF meeting
South Africa to showcase country's 'energy agenda' at WEF meeting
Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, has arrived in Davos, Switzerland, for the World Economic Forum (WEF) meeting, where he is expected to spearhead South Africa’s energy agenda.
Ramokgopa is part of the South African delegation, led by President Cyril Ramaphosa at the 55th World Economic Forum annual meeting, currently underway in Davos-Klosters, Switzerland.
“The Minister…has arrived in Davos to join President Cyril Ramaphosa who is leading the South African delegation at the 55th World Economic Forum (WEF) from 20-24 January 2025, to share significant strides South Africa has achieved in energy stability, regulatory reforms and future energy plans that will enable inclusive economic growth,” the department said in a statement.
The Minister is supported by Eskom Group Chief Executive Dan Marokane and South African Nuclear Energy Corporation (NECSA) Group CEO, Loyiso Tyabashe, who are expected to “support in telling the South African energy story”.
“This year, South Africa is poised to showcase progress in energy reform and its commitment to a sustainable energy future and share how it will use the G20 Presidency to further regional and global sustainability goals.
“As the nation embarks on an ambitious energy transition, the focus remains on achieving energy sovereignty, fostering sustainability, and promoting inclusive economic growth. The current positive sentiment South Africa enjoys based on stabilising the energy situation, augers well for its plans to attract investments into the country,” the department said.
The department outlined the key highlights of the country’s energy agenda at the WEF meeting, and these include:
- Energy Reforms and Market Transformation: South Africa has successfully eliminated load shedding since March 2024, a testament to the effectiveness of recent energy sector reforms. The Electricity Regulation Amendment Bill, signed into law in August 2024, has modernized the electricity market, encouraging private sector participation and competition.
- Elevating Private Sector Participation: The government is focused on increasing generation capacity from 48 GW to 78 GW by 2035, with significant investments in renewable energy, natural gas, and nuclear power. The collaboration between government through Eskom and other state-owned companies and private investors is crucial in driving this transition.
- Advancing Renewable Energy Investments: South Africa has procured over 13,422 MW of renewable energy since 2020, with investments exceeding $16 billion. This positions the country as a competitive player in the global renewable energy landscape.
- Global Leadership in Energy Transition: As South Africa prepares to assume the G20 Presidency in 2025, the focus will be on addressing global energy challenges, ensuring energy security and affordability, and promoting equitable energy transitions across Africa.
The department added that South African Energy Family delegation, aims to engage with international partners, to showcase the country's energy market reforms, and explore investment opportunities that will drive South Africa’s energy agenda forward.
“This participation at the World Economic Forum underscores South Africa's commitment to leading the global conversation on sustainable energy transitions and climate action,” the statement said. – SAnews.gov.za
NeoB
Tue, 01/21/2025 - 09:23
334 views
Eskom edges closer to meeting load shedding target
Eskom edges closer to meeting load shedding target
Eskom Group Executive for Generation, Bheki Nxumalo, says eyes at the power utility are now firmly fixed on reaching a year without implementing load shedding - a target that is just slightly more than two months away.
This as Eskom reached 300 days without implementing the scheduled rolling black outs today.
“Credit goes to all our 40 000 dedicated and skilled Eskom employees, who are committed to serving South Africa. Our sights are now firmly focused on delivering one year without load shedding at midnight on 26 March 2025.
“These 300 days without load shedding have been characterised by a significant reduction in unplanned outages, which have long been one of the biggest challenges, a notable improvement in the energy availability factor of approximately 7%, and savings in diesel expenditure of R16.42 billion,” Nxumalo said.
The State-owned entity’s Group Chief Executive, Dan Marokane, said the performance is putting the power utility on a “path to profitability”.
Eskom’s performance has been on a steady upward trajectory since the implementation of the Energy Action Plan introduced by President Cyril Ramaphosa in July 2022, as well as the implementation of the power utility’s own Generation Recovery Plan.
“Public sentiment is shifting. Business leaders, who once had to invest precious capex in self-generation, have enquired whether they should revert to investing in Eskom for their power needs.
“The savings we are making in diesel spend are invested in the business to drive efficiencies further and place Eskom on a path to profitability and long-term operational and financial sustainability,” Marokane said.
Eskom said it will continue to focus on implementing plans to further improve performance.
“Eskom expresses gratitude to all stakeholders, including the Minister of Electricity and Energy, the Eskom Board, government and the National Energy Crisis Committee, for the collaborative effort in addressing the country’s electricity challenges.
“Eskom will continue to focus on implementing generation recovery, strengthening governance, and tackling crime and corruption, while future-proofing the organisation to enable energy security, growth and long-term sustainability to the benefit of South Africa and sub-Saharan Africa,” the power utility said. – SAnews.gov.za
NeoB
Tue, 01/21/2025 - 10:24
67 views
Government increases fish allocation by 36%
Government increases fish allocation by 36%
The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has announced a 36% increase in the allocation of certain key fish species.
This allocation marks a significant step towards empowering small-scale fishers, strengthening local economies and driving sustainable growth in South Africa’s fishing communities.
"This 36% increase in fish allocations for own use is about improving livelihoods, empowering fishing communities, and stimulating economic activity in our coastal regions.
“By supporting small-scale fishers, we’re ensuring that they become central players in driving local development and sustainability,” the Minister said on Tuesday.
He said the increased allocations form part of a broader strategy to promote inclusive economic growth and job creation while preserving South Africa’s rich marine biodiversity.
The Department of Forestry, Fisheries and the Environment is working to reinvigorate coastal harbours as hubs of economic activity and it wants to help uplift small-scale fishers so that they can fully capitalise on these expanded opportunities.
“This initiative reaffirms the government’s dedication to addressing socio-economic obstacles in coastal areas while ensuring the sustainable use of marine resources for future generations,” the department said. - SAnews.gov.za
nosihle
Tue, 01/21/2025 - 09:05
60 views
President Ramaphosa Leads Delegation to the World Economic Forum
President Cyril Ramaphosa will lead the South African delegation to the 55th World Economic Forum (WEF) annual meeting that will take place from 20 to 24 January 2025 in Davos-Klosters, Switzerland.
The meeting, convened under the theme “Collaboration in the Intelligent Age”, will foster new partnerships and insights to shape a more sustainable, inclusive future in an era of rapidly advancing technology.
WEF convenes global leaders to address key global and regional challenges. These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.
South Africa's innovation and technology is crucial in driving economic development and addressing societal challenges, thus aiming to leverage technological advancements to promote inclusive growth and enhance global competitiveness. This would be achieved by modernising industries, advancing skill development, and improving public services.
President Ramaphosa will deliver a special address to the World Economic Forum, where he will present the economic priorities of South Africa's Government of National Unity and advance the country's G20 Presidency which is themed "Solidarity, Equality, Sustainability”.
South Africa is committed to leveraging the G20 platform to highlight the significance of fostering economic growth while ensuring social inclusion and environmental stewardship.
During the G20 Presidency, South Africa will endeavour to create equitable opportunities for all by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively.
The WEF Annual Meeting is a valuable opportunity for South Africa to demonstrate its potential as a hub for global investments and its ongoing structural reforms.
South Africa's delegation, which includes key government and business leaders, will engage with international stakeholders to strengthen partnerships and advance South Africa's economic and social agenda.
Through these engagements, South Africa aims to reaffirm its role as a key player in the global community, contributing meaningfully to discussions on sustainable development and collaborative solutions for a better future.
The President will be accompanied by Minister of International Relations and Cooperation Mr Ronald Lamola; Minister of Finance Enoch Godongwana; Minister of Trade, Industry and Competition Mr Parks Tau; Minister of Electricity and Energy Dr Kgosientsho Ramokgopa; Minister of Science, Technology and Innovation Dr Blade Nzimande; Minister of Communications and Digital Technologies Mr Solly Malatsi; Minister of Fisheries, Forestry and Environment Mr Dion George; Minister of Health Dr Aaron Motsoaledi and Minister of Agriculture Mr John Steenhuisen.
Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.
President Ramaphosa leads SA delegation to WEF meeting
President Ramaphosa leads SA delegation to WEF meeting
President Cyril Ramaphosa will be leading the South African delegation to the 55th World Economic Forum (WEF) Annual Meeting to be held in Davos, Switzerland.
The annual meeting to be held from 20 to 24 January 2025, convenes global leaders to address key global, and regional challenges. These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.
The South African delegation head into this year’s WEF annual meeting bearing the Presidency of the Group of 20 (G20).
In a statement on Monday, the Presidency said President Ramaphosa will deliver a special address to the World Economic Forum, where he will present the economic priorities of South Africa’s Government of National Unity 9GNU), and advance the country’s G20 Presidency, which is themed ‘Solidarity, Equality, Sustainability.
“South Africa is committed to leveraging the G20 platform to highlight the significance of fostering economic growth while ensuring social inclusion and environmental stewardship.
“During the G20 Presidency, South Africa will endeavour to create equitable opportunities for all, by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively,” the Presidency said.
The Presidency noted that the WEF annual meeting is a valuable opportunity for South Africa to demonstrate its potential, as a hub for global investments, and its ongoing structural reforms.
“South Africa’s delegation, which includes key government and business leaders, will engage with international stakeholders to strengthen partnerships and advance South Africa’s economic and social agenda.
“Through these engagements, South Africa aims to reaffirm its role as a key player in the global community, contributing meaningfully to discussions on sustainable development and collaborative solutions for a better future,” the Presidency said.
The Presidency described the annual meeting as a gathering of “global leaders to address key global and regional challenges”.
This year's meeting will be held under the theme “Collaboration in the Intelligent Age”.
These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding, a just and inclusive energy transition.
“South Africa’s innovation and technology is crucial in driving economic development and addressing societal challenges, thus aiming to leverage technological advancements to promote inclusive growth and enhance global competitiveness.
“This would be achieved by modernising industries, advancing skill development, and improving public services,” the Presidency said.
The President will be accompanied by Ministers, including:
- Minister of International Relations and Cooperation Ronald Lamola,
- Minister of Finance Enoch Godongwana
- Minister of Trade, Industry and Competition Parks Tau
- Minister of Electricity and Energy Dr Kgosientsho Ramokgopa
- Minister of Science, Technology and Innovation Dr Blade Nzimande
- Minister of Communications and Digital Technologies Solly Malatsi
- Minister of Fisheries, Forestry and Environment Dion George
- Minister of Health Dr Aaron Motsoaledi
- Minister of Agriculture John Steenhuisen, Dr Blade Nzimande;
- Minister of Communications and Digital Technologies Solly Malatsi;
- Minister of Fisheries, Forestry and Environment Dion George;
- Minister of Health Dr Aaron Motsoaledi; and
- Minister of Agriculture John Steenhuisen. – SAnews.gov.za
NeoB
Mon, 01/20/2025 - 11:17
277 views
South Africa takes it message of partnership and progress to Davos
South Africa takes it message of partnership and progress to Davos
President Cyril Ramaphosa has reaffirmed government’s commitment to work with all social partners in pursuit of inclusive growth that benefits all South Africans and leaves no one behind.
The President said this in his weekly newsletter as South Africa takes its message of partnership and progress to Davos, Switzerland, this week.
President Ramaphosa and his delegation will this week attend the annual meeting of the World Economic Forum in Davos where they will be outlining South Africa’s priorities for its G20 Presidency.
“One of the messages we will be taking to Davos is our ongoing commitment to partnerships in pursuit of inclusive growth and sustainable development.
“We will present our experiences of cooperation across society in South Africa and encourage greater emphasis on partnerships in international relations. In particular, we will make a call for global companies to partner with governments, entrepreneurs and stakeholders in emerging markets to pursue sustainable and inclusive growth,” the President said.
At the centre of South Africa’s G20 agenda is the promotion of cooperation among G20 and other countries on the most pressing issues facing the world.
President Ramaphosa emphasised that this cooperation should not only take place at a government-to-government level. It should involve all social formations.
As in previous G20 presidencies, dialogue with civil society and other non-government institutions will be conducted through various engagement groups.
These engagement groups cover sectors such as business, labour, civil society, parliamentary bodies and the judiciary. Following the approach of the Brazilian G20 Presidency in 2024, South Africa will be convening a G20 Social Forum which will bring together representatives of engagement groups and other segments of civil society.
Partnership is key to South Africa’s growth and progress
President Ramaphosa highlighted that as the 7th Administration took office last year, it has made a commitment to reach out across society to find solutions to the challenges the country faces.
Since then, the President said government has placed partnership at the centre of its work.
The President highlighted that while South Africa has a rich history of dialogue and cooperation, the nation’s experience of the COVID-19 pandemic underlined how important collaboration was in saving lives and livelihoods. It showed the value of effective coordination across the state and with other sectors of society.
“One of the areas where partnerships within the state have had the greatest impact is in Operation Vulindlela. This initiative has brought together government departments and public institutions to undertake focused reforms in areas such as energy, logistics, telecommunications and water infrastructure.
“We also have structures like the President’s Coordinating Council, which brings together leaders from national, provincial and local governments to deal collectively with common challenges,” the President said.
In other areas, the 7th Administration has brought the different spheres of Government together with other stakeholders. Last year, the President established the Presidential eThekwini Working Group to support the metro in its efforts to restore business confidence and overcome service delivery challenges.
Together, the working group has made progress on things such as water supply, tourism infrastructure and law enforcement.
“We have seen the value of partnership in our response to the electricity crisis. The progress we have made in reducing the severity of load shedding has been made possible by bringing together Government departments, State-owned companies, business, labour and other social partners. The National Electricity Crisis Committee has played a crucial role in coordinating and focusing the efforts of these many different players,” he said.
Another area that is benefiting from such partnerships is in rail and port operations. President Ramaphosa noted that these are beginning to stabilise and recover lost volumes as a result of efforts to support Transnet’s operational recovery.
“An important area of structured cooperation is the partnership between Government and business to unlock impediments to inclusive growth. Though our respective roles and mandates may differ, we are aligned on the need to drive inclusive economic growth and job creation,” the President said.
President Ramaphosa explained that areas of cooperation have extended beyond immediate economic issues. For example, Government came together with civil society partners on a national strategy to end gender-based violence and femicide.
Furthermore, government has worked with various sectors through bodies like the South African National Aids Council and the Human Resource Development Council, leveraging collective resources and capabilities to promote development. – SAnews.gov.za
DikelediM
Mon, 01/20/2025 - 08:48
346 views
What to Expect at African Energy Week 2025
Africa is on the precipice of accelerated growth, with major energy projects and untapped resources creating an attractive environment for project developers and financiers. With the continent's energy demand projected to more than double by 2050 and fossil fuels expected to comprise up to 60% of the energy mix by 2040, there lies a strategic opportunity for companies to invest, energy portfolios to grow and countries to reap the rewards of their oil, gas and energy resources.
Returning for its next edition from 29 September to 3 October at the Cape Town International Convention Center, the African Energy Week (AEW): Invest in African Energies conference serves as the leading platform for deal-making, energy partnerships and investments. Building on the success of its previous editions, the event offers a platform for capital and technology to be directed towards African energy projects. In 2025, the event returns bigger and better than before.
Greater Focus on Projects, Emerging Opportunities
With 2025 promising to be an impactful year for Africa's energy sector, the AEW: Invest in African Energies conference will further catalyze development by connecting investors to African projects. On the project front, a slate of major developments is either progressing or will begin operations. These include the second phase of the Congo LNG project; the full operation of the Greater Tortue Ahmeyim development in Senegal/Mauritania; the launch of the Cabinda Refinery in Angola; appraisal drilling in Namibia's Orange Basin, and many more. Strategic developments such as the East African Crude Oil Pipeline, the Mozambique LNG project and exploratory drilling continent-wide require capital, highlighting emerging opportunities for global financiers.
Additionally, Africa's 2024/2025 licensing rounds signal a renewed drive to position the continent as a leading frontier. In North Africa, Libya plans to launch a bid round featuring 22 blocks, Egypt plans to host an international bid round for 12 exploration blocks while Algeria will launch a tender featuring 6 onshore blocks. In West Africa, Mauritania, Nigeria and Liberia will launch licensing rounds, while in Southern Africa, Angola will offer 9 blocks for exploration, Namibia is rolling out a new open-door policy and Tanzania will promote 24 oil and gas blocks in March 2025. These opportunities will be on display at AEW: Invest in African Energies 2025, creating an in-roads for new players.
Uniting Stakeholders to Make Energy Poverty History by 2030
As the largest energy event on the continent, AEW: Invest in African Energies convenes energy, finance and policy stakeholders from the global and African markets. From presidents and ministers to explorers and infrastructure developers to financiers and technology leaders, the event serves as the premier event for the African energy sector. This year, the event offers an expanded program, covering strategic topics such as frontier exploration, refining and processing, power development and connectivity, green hydrogen, regulation and skills development. Speakers will not only address the pressing challenges impacting the continent's energy progress but showcase the range of investment opportunities available across the continent. AEW: Invest in African Energies is where African governments meet, international energy firms sign deals, and local companies drive the next wave of energy development in Africa.
Collaborating for a Just Energy Future
While the world prioritizes the development of renewable energy over traditional energy sources, African countries seek to drive a just energy transition that incorporates a variety of energy solutions. AEW: Invest in African Energies not only promotes a just transition in Africa but offers a platform where global and African energy stakeholders can forge a new pathway for the continent. Discussions in Cape Town will center on strategies for accelerating industrialization, how technologies such as gas-to-power and LNG can reduce emissions while bolstering energy security, and the impact of integrated energy systems on African economies. By driving a narrative of inclusivity, AEW: Invest in African Energies fosters collaboration, partnerships and cross-sector investments.
Policy Alignment, Global Engagement
To attract fresh investment in African energy projects, a slate of countries has enacted policy reforms to strengthen transparency and investor certainty. Nigeria signed the Petroleum Industry Act into law; South Africa launched a new petroleum company; the Republic of Congo is preparing to launch a Gas Master Plan; while Algeria has strengthened regulation to attract local participation in oil and gas projects. In conjunction with improved fiscal terms and rules of engagement, these policies have significantly enhanced the business environment in Africa, making 2025 a strategic year to invest in African energy.
For more information about AEW: Invest in African Energies 2025, visit www.AECWeek.com.
Distributed by APO Group on behalf of African Energy Chamber.
Strides being made to reposition eThekwini
Strides being made to reposition eThekwini
Stakeholders in the Presidential eThekwini Working Group (PeWG) have been working hard to rebuild eThekwini as well as reposition the city as an investment and tourism attraction.
Since its establishment in April 2024, the Working Group has recorded significant developments in service delivery, business confidence, addressing infrastructure and socio-economic challenges.
According to the Working Group’s progress report, business confidence in the city increased from 38.42% in the first quarter of 2024 to 63.01% in the third quarter of the same year.
To respond to the challenges of the municipality, President Cyril Ramaphosa established the eThekwini Presidential Working Group (PeWG) in April 2024. The Working Group was established to accelerate support from national and provincial government to rebuild the municipality.
The Working Group operates across three spheres of government and includes representatives from the private sector and labour.
While recently on a visit around the coastal city to assess the progress of the work by the Working Group, acting Government Spokesperson and Director-General of the Government Communication and Information System (GCIS), Nomonde Mnukwa, noted an improvement in cleanliness and the high visibility of law enforcement in the metro.
With the recent opening of the Durban Beach Café by the eThekwini Municipality, Mnukwa visited the beachfront, which is a tourist attraction.
“As government, we are working together with the private sector. We want to make sure that eThekwini is an area that attracts tourists, given that tourism is a major contributor to the economy and creates jobs for the locals.
“We are pleased with the renewal of the lease for the Southern Sun Hotel Group as it will see the redevelopment of the Elangeni and Maharani hotels for a period of 50 years. The redevelopment will enable the municipality to enhance the beachfront as a key tourism asset,” she said.
The redevelopment entails an estimated capital investment of R1 billion, including the refurbishment of the Elangeni and Maharani hotels, as well as the Garden Court South Beach and The Edward hotels which are also owned by Southern Sun.
In addition, a fund of R5 million will be made available to restore and maintain the Sunken Gardens, a historically significant park owned by the municipality on the beachfront, in front of the hotels.
“These interventions will ensure that eThekwini is a vibrant city,” she said.
The eThekwini Municipality has also appointed a developer for the long-term leasing and redevelopment of the Joe Cool’s building to further enhance the aesthetics of the beachfront.
With crime being one of the challenges that act as a deterrent to holidaymakers and drive away investors, the Metro Police is working with all law enforcement agencies, including the South African Police Service, Road Traffic Inspectorate, and private security companies, to maintain high visibility at all tourism sites and areas that have been identified as crime hotspots.
The Metro Police procured an additional 146 vehicles last October to bolster the municipality’s crime fighting and prevention efforts.
In addition, last December, 2 699 newly trained Constables graduated and were deployed to stations and units to bolster the South African Police Service (SAPS) crime combatting efforts.
“The recent recruitment of new police officers and the work being done as part of Operation Shanela are contributing to efforts to keep citizens safe,” Mnukwa said.
Operation Shanela consists of regular stop and searches, roadblocks, vehicle check points, high visibility patrols including foot patrols, the tracing of wanted suspects with a focus on murder and rape suspects, compliance inspections at liquor outlets and second-hand goods dealers.
Upgrading dilapidated infrastructure
During her visit to the city, Mnukwa visited the Durban Textile and Leather Incubator (DTLI), which was previously an unused building by the state. It has now been refurbished.
“The city is reviving a number of dilapidated buildings to ensure that the inner city is fully functional, safe and vibrant,” she said.
DTLI Executive Director, Dr Poppet Pillay, said the building was very old and needed extensive renovation but it was perfectly located in the city centre close to public transport, making it accessible to Small, Medium, and Micro Enterprises (SMMEs) from anywhere in the province.
“The centre has 12 high-end sewing machines. Entrepreneurs have access to these machines at nominal charge. Seven entrepreneurs were sponsored to participate in the Manufacturing Indaba in July 2023 and 14 entrepreneurs were sponsored to attend the Durban Business Fair in September 2023, thus linking them to the market.
“One of the businesses, Eagle Eye, won the Best Youth SMME award valued at R50 000. Eagle Eye is currently selling branded products at the Edgars store in Gateway Umhlanga. Some of the entrepreneurs are already exporting their clothing brands internationally and one entrepreneur was invited to join the African Growth and Opportunity Act (AGOA) programme for leather production,” Pillay said.
Furthermore, two entrepreneurs were sponsored by the Pietermaritzburg Chamber of Commerce to attend the Bharath Textile Fair in India, last year April.
“We are so thrilled to see how our entrepreneurs have grown - not only as a business but also in terms of confidence and ability to market themselves,” she said.
The Incubator is the result of a partnership between the Small Enterprise Development Agency - Science and Technology Programme (SEDA STP) and eThekwini Municipality.
The business incubator supports and grows SMMEs within the Clothing, Textile, Footwear and Leather Sector in eThekwini and surrounding areas by nurturing a business from idea generation to start-up companies through a comprehensive business support programme.
“Besides the normal incubation programme, DTLI has partnered with the Durban University of Technology (DUT) Textile Science and Apparel Technology Dept to run a six-week Ideation Programme for their post-grad students,” Pillay said.
It has also collaborated with the Fibre Processing and Manufacturing Sector Education and Training Authority (FP&M SETA) to run a virtual workshop on Entrepreneurship and the Fourth Industrial Revolution (4IR) for 152 SMMEs in the sector.
The incubator has a cohort of 54 SMMEs and provides a range of services that includes technology transfer and access to specialized machines, access to markets, access to funding and financial management, compliance and legal, productivity and business processes. - SAnews.gov.za
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Fri, 01/17/2025 - 13:54
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