infrastructure

4 April 2025

IAE 2025 to Highlight Growth Opportunities in Africa’s Downstream Supply Chain

The upcoming Invest in African Energy (IAE) 2025 Forum will host a high-level panel – Downstream Beneficiation: Supply Chain Development for Optimal Performance – as the continent aims to enhance energy security, reduce import dependence and maximize the value of its natural resources. The session will explore how the expansion of Africa's downstream sector can strengthen supply chains, enhance refining capacity and drive sustainable economic growth through infrastructure investment and strategic partnerships.

As Africa's energy landscape evolves, optimizing downstream operations is critical to unlocking the full potential of the continent's natural resources. This session will focus on closing the infrastructure finance gap by addressing key challenges such as upgrading refineries, expanding storage and distribution networks, and developing service stations, bottling plants and transport fleets. Panelists will also examine the role of strategic hubs – such as Egypt's petrochemical industry, Equatorial Guinea's Gas Mega Hub and Algeria's emerging green hydrogen sector – in bolstering Africa's supply chain efficiency, along with key regional projects like the Central African Pipeline System and the Lobito Corridor linking Angola, Zambia and the Democratic Republic of Congo.

IAE 2025 (https://apo-opa.co/43FPXaT) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Moderated by James Gooder, VP Crude, Argus Media, the panel will feature industry leaders offering key insights into Africa's downstream sector. Speakers include Anibor Kragha, Executive Secretary, African Refiners & Distributors Association; Tarik Berair, Commercial Development Manager, Technip Energies; Fernando Covas, Executive Director, S&P Global Commodity Insights; James Bullen, Head of Downstream, Petredec and Michael Kelly, Chief Advocacy Officer, World Liquid Gas Association.

Africa's downstream investment climate is undergoing significant transformation, with several major projects driving the sector's growth including Nigeria's 650,000-bpd Dangote Refinery, Angola's 200,000-bpd Lobito and 100,000-bpd Soyo refineries, and Algeria's 100,000-bpd Hassi Messaoud Refinery. Despite recent refinery closures, South Africa also maintains a well-developed fuel distribution network, retail stations and petrochemical production, while Mozambique is emerging as a key LNG hub, with the Coral South FLNG project already operational and the Rovuma LNG and Mozambique LNG projects currently under development.

Despite these advancements, challenges remain in securing adequate financing for infrastructure upgrades and supply chain expansion. Addressing these gaps will require coordinated efforts from governments, private investors and industry stakeholders to develop resilient and efficient downstream operations. The IAE 2025 downstream panel will provide a platform for stakeholders to discuss actionable strategies that ensure Africa's energy sector remains competitive, sustainable and responsive to global demand.

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

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4 April 2025

ConstructAfrica Hosts First-Ever CIAB Town Hall

Location: Business

ConstructAfrica (https://ConstructAfrica.com) successfully convened its inaugural ConstructAfrica Industry Advisory Board Town Hall Meeting today, bringing together influential stakeholders from across Africa's construction and infrastructure sectors.

The gathering marked a key milestone in the company's mission to provide thought leadership, strategic insights, and actionable intelligence, for the construction and infrastructure sectors in African.

The African construction and infrastructure market is projected to reach approximately $2 trillion in 2025, driven by rapid urbanization, population growth, improved governance and increased investment in infrastructure projects. The continent's need for infrastructure development is underscored by an estimated $130 billion annual financing gap, highlighting the critical need for strategic investments and innovative solutions.

The event featured participation from distinguished leaders across the infrastructure and construction ecosystem, including CEOs of engineering and construction firms, directors of multilateral development finance institutions, academic experts, and current and former senior executives in international finance. Participants hailed from various parts of the continent, including Nigeria, South Africa, Zimbabwe, Ethiopia, and Seychelles, as well as internationally from the U.K. and Australia - underscoring the pan-African and global outlook of the board.

A key outcome of the meeting was the formation of the ConstructAfrica Industry Advisory Board (CIAB) - a strategic body of high-level professionals that will support ConstructAfrica's growth, guide its content and engagement strategy, and strengthen its reach and relevance across African markets.

The composition of the board will be announced in the coming weeks.

“Today marks a pivotal moment for Africa's construction and infrastructure landscape. By collaborating with industry leaders through the CIAB, we are not just shaping policy; we are driving transformative change that will empower communities and foster sustainable growth across the continent.” said Dr. Segun Faniran, Founder & Publisher at ConstructAfrica

ConstructAfrica delivers actionable market intelligence, construction project updates, and infrastructure data through its online platform (https://apo-opa.co/4iQdKcQ). With a focus on equipping industry players, investors, and policymakers with actionable insights, ConstructAfrica plays a vital role in building a more sustainable and better-connected construction industry across Africa.

Distributed by APO Group on behalf of ConstructAfrica.

For more inquiries, contact:
Name: Dr. Segun Faniran
email: hello@constructafrica.com
Phone: +971 56 566 4792
ConstructAfrica

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4 April 2025

Nelson Mandela Bay Municipality announces new appointments

Location: News

Nelson Mandela Bay Municipality announces new appointments

Nelson Mandela Bay Municipality Executive Mayor, Babalwa Lobishe, has commended the appointment of two senior managers who have been placed in acting roles for the next six months.

"We welcome these appointments. We will hit the ground running to fast-track service delivery issues, prioritise the flood related infrastructure interventions in Kariega and other affected areas,” Lobishe said of the appointments in the Eastern Cape based municipality.

This as on Tuesday, the MEC for Cooperative Governance and Traditional Affairs (COGTA), Zolile Williams confirmed the appointment of Ted Pillay as the Acting City Manager and Lonwabo Ngoqo as the acting Chief Operating Officer (COO).

These appointments materialise following a request by the Nelson Mandela Bay Municipality Council and the Executive Mayor, for a section 154 intervention through COGTA and the MEC by appointing an Acting City Manager and a COO.

The appointments come after a request from the municipality’s council and Executive Mayor for a Section 154 intervention through COGTA, aimed at strengthening the municipality's administrative and governance capacity.

Section 154 of the South African Constitution requires the national and provincial governments to support and strengthen the capacity of municipalities to perform their functions.

Speaking at a recent press conference, Lobishe said the appointments come at a time when the municipality is working around the clock to accelerate service delivery.

"We thank MEC Williams for the interventions to address service delivery challenges. We are looking forward to work with this team of experienced senior officials,” Lobishe said.

On the status of the current City Manager, Mayor Lobishe confirmed that negotiations are ongoing with Dr. Noxolo Nqwazi, who is currently on suspension, regarding the terms of her contract termination.

The municipality aims to the resolve the matter with the incumbent City Manager over the next six months.

The MEC said the interventions are based on the request that the Council has made for the specific appointments.

The acting appointments took effect from 1 April 2025.
– SAnews.gov.za

GabiK
Fri, 04/04/2025 - 07:18
453 views

4 April 2025

SA unveils strategic economic diversification plan amid US tariffs

Location: News

SA unveils strategic economic diversification plan amid US tariffs

South Africa has unveiled a comprehensive strategy to mitigate the economic impact of new United States tariffs, focusing on export diversification, value-added production, and strengthening regional trade partnerships.

This is after United States President, Donald Trump, announced global reciprocal tariffs on most imported goods, with South Africa facing a 31% tariff increase.

“The new tariff regime arising from the decision by the United States of America, which have been directed not only to South Africa, but the entire world, necessitates strategic responses to maintain and grow our industrial base, as a crucial avenue to pursue inclusive growth,” the Minister of International Relations and Cooperation, Ronald Lamola, said on Friday.

Lamola was speaking during a joint media briefing with the Minister of Trade, Industry and Competition, Parks Tau.

He informed journalists that South Africa will continue to tackle the challenges and seize opportunities with resilience and innovation, as the country moves forward with ensuring economic growth, industrial development, and the well-being of its citizens.

Lamola outlined plans to navigate the challenges posed by the 31% tariffs set to take effect from 9 April 2025.

These include negotiating favourable trade agreements with the United States; leveraging the African Continental Free Trade Area (AfCFTA) to boost intra-African trade; and prioritising high-value manufacturing to reduce tariff exposure.

In addition, he said government remains committed to building economic resilience, exploring alternative market access through existing trade agreements and strategic partnerships with countries across various regions.

“We will intensify efforts to diversify export destinations, targeting markets across Africa, Asia, Europe, the Middle East, and the Americas,” the Minister stated.

According to Lamola, government aims to reduce dependence on single export markets and foster economic resilience.

Meanwhile, he announced that the State will invest strategically in industries impacted by the tariffs, supporting economic growth through modernisation and targeted infrastructure development.

The sweeping tariff measures will affect several sectors of South Africa’s economy, including automotive, industrial agriculture, processed food and beverage, chemical, metals, and other segments of manufacturing.

According to Lamola, South Africa’s tariff and industrial strategy are designed to support industrial development, employment growth, and economic resilience.

“By aligning these policies with the national interest, South Africa will ensure that its economy emerges stronger, more diversified, and resilient in the face of global trade complexities,” he explained.

This approach will also apply to the 7 February Executive Order, which led to the withdrawal from the Just Energy Transition (JET) partnership with South Africa.

“South Africa’s average tariff is 7.6% and therefore South Africa needs clarity on the basis for the 31% to be implemented by the US.”

Lamola clarified that products such as copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals, and energy and energy products, have been exempted from the reciprocal tariffs.

These reciprocal tariffs will also not apply to products already facing Section 232 tariffs of 25%, such as steel, aluminium, automobiles, and auto parts.

Currently, the Minister said the United States represents 7.45% of South Africa’s total exports, while South Africa accounts for only 0.4% of the United States’ imports.

“As such, South Africa does not constitute a threat to the US, and there is a trade imbalance in favour of South Africa. It is mainly on agricultural products, which are counter-cyclical, and on minerals, which are inputs in US industries.”

Highlighting the potential impact, Lamola noted that the tariffs “effectively nullify the preference that Sub-Saharan African countries enjoy under the Africa Growth and Opportunity Act (AGOA).”

However, despite the challenges, Lamola said government remains optimistic.

“The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial agreement with the US, that will establish more fair-trade relations with the US as an essential step to secure long-term trade certainty,” Lamola added.

Transparency in tariff calculations

Meanwhile, Tau stressed the need for confirmation from the United States on how they arrived at the tariff number, referencing international norms and standards.

He also highlighted the importance of transparency in tariff calculations, using World Trade Organisation (WTO) standards and the most favoured nations mechanism.

“And that’s why we are advocating for a reform of the World Trade Organisation and ensuring that it’s able to adapt to current reality, but also ensuring that we’re able to reinforce a multilateral system of trade and transparency across the board. Otherwise, you’re going to have an environment where there are no global rules,” Tau added. – SAnews.gov.za

Gabisile
Fri, 04/04/2025 - 13:08
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4 April 2025

Ministers Nzimande and Nkabane talk science

Location: News

Ministers Nzimande and Nkabane talk science

In a move to strengthen collaboration between science and education sectors, Science, Technology, and Innovation Minister Blade Nzimande and Higher Education Minister Nobuhle Nkabane have held a high-level meeting to align their departments' efforts in research, technology, and skills development.

The talks focused on enhancing coordination in infrastructure, human resource development, and shared projects within universities and TVET colleges, ensuring that science and innovation play a central role in shaping South Africa’s future.

“The meeting with Minister Nkabane focused on several critical issues in the science, technology, and innovation, and post-school education and training landscape.

“There was a strong emphasis on the need for the DSTI [Department of Science, Technology and Innovation] and DHET [Department of Higher Education & Training] to ensure greater coordination in such areas as research and infrastructure, technology, and human resources development and the common projects undertaken by both departments within universities and TVET [Technical and Vocational Education and Training] colleges,” the Ministry of Science, Technology and Innovation said in a statement.

Wednesday’s meeting was part of Minister Nzimande’s ongoing programme to engage with departments focused on science.

The department’s main objective for this engagement was to ensure that the mandate of the DSTI is fulfilled.
This will be achieved by securing support from key State departments for the critical focus areas outlined in the DSTI’s Decadal Plan for Science, Technology, and Innovation (2022-2032).

Nzimande’s programme to engage science-intensive State departments is also informed by the DSTI’s recently adopted mantra, which is: “Placing Science, Technology and Innovation at the Centre of Government, Education, Industry and Society.”

Through this mantra, the DSTI seeks to significantly raise the profile and impact of science, technology, and innovation within government and across key sectors of society.

The Ministers also stressed the importance of facilitating access for both departments to strategic national and international platforms and networks, strategic partnerships, and opportunities.

The two leaders also reaffirmed their commitment to strengthening cooperation and the exchange of critical information between the two departments.

“The Ministers further agreed to set up an inter-departmental committee that will coordinate key joint projects and the overall cooperation between the two departments.

“The Ministers further agreed to a follow-up meeting, which will be held soon to assess progress on some of the commitments made in the meeting. The meeting was very cordial and productive,” the Ministry said on Thursday. – SAnews.gov.za

Gabisile
Fri, 04/04/2025 - 10:47
19 views

3 April 2025

African Mining Week Unveils 2025 Program, Connecting Investors to African Projects

Location: News

Energy Capital & Power
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The African Mining Week (AMW) conference and exhibition has officially launched its 2025 program, unveiling key topics and lucrative opportunities across Africa's mining value chain. The three-day program will foster collaboration on investment, value addition, local content development and industrialization. Bringing together African regulators, key mining stakeholders and global partners, AMW serves as a critical platform for shaping the future of African mining.

Download the program here: https://apo-opa.co/42kb940

Scheduled for October 1–3 in Cape Town, AMW takes place under the theme, From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. The event is co-located with the African Energy Week: Invest in African Energies conference, providing attendees a strategic opportunity to gain insight into opportunities across both the energy and mining sectors in Africa.

The AMW program features the Ministerial Forum, where African and global mining ministers will connect to showcase investment opportunities, discuss regulatory frameworks and highlight efforts to drive local beneficiation and value addition. Through policy revitalization and strategic partnerships, African markets are increasingly positioning themselves as attractive destinations for global investors.

A series of Country Spotlights will offer a deep dive into Africa's diverse mineral wealth, featuring insights into Botswana and Angola's diamond resources, Zambia's copper reserves and the Democratic Republic of Congo's cobalt market. Spotlights will also examine the latest developments within South Africa's platinum group metals, Zimbabwe's lithium, Mali's uranium and Malawi and Tanzania's rare earths industries.

AMW's Critical Minerals Track will explore emerging trends and opportunities within a sector that is crucial to the global energy transition. With Africa holding 30% of the world's critical minerals, the continent is attracting substantial interest from international players eager to unlock its vast potential. AMW will spotlight Africa's growing role in mineral diplomacy, as countries strengthen investment ties and infrastructure collaboration with global partners, including China, the U.S., Canada, the UAE, Australia and the European Union. Meanwhile, AMW Roundtables will facilitate deal signings and enhanced cooperation among African stakeholders and international investors.

Innovation will take center stage at the Technology Forum, set to explore the transformative role of digital technologies, AI and machine learning in modernizing mineral exploration and production. African markets are increasingly leveraging advanced tools to accelerate exploration, with companies such as Botswana Diamonds utilizing AI-driven solutions to diversify beyond traditional diamond mining. Meanwhile, KoBold Metals is using AI to unlock new copper discoveries in Zambia, supporting the country's ambition to ramp up production to 3.1 million tons annually by 2031.

The Investment Track will bring together global investors, including public financiers and international development finance institutions to explore funding opportunities across the mining value chain. Discussions will focus on optimizing financial mechanisms, such as loans, private placements and equity funding, to maximize capital flows to Africa's mining sector. Additionally, the Junior Miners Forum will provide a platform for small-scale mining firms to pitch their projects to investors, potential partners and industry experts, enhancing their contributions to the sector's growth. Join AMW 2025 today and be part of the discussion on Africa's mining future.

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com. To download the working program, please visit www.African-MiningWeek.com

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

3 April 2025

Macpherson welcomes IDT board appointments

Location: News

Macpherson welcomes IDT board appointments

Public Works and Infrastructure Minister, Dean Macpherson has welcomed the appointment of five new trustees to the Independent Development Trust (IDT).

“The Minister of Public Works and Infrastructure, Dean Macpherson, welcomes the Master of the High Court’s appointment of five new trustees to the Independent Development Trust. The Minister has consequently written to the IDT board, now fully quorate for the first time in a year and a half, urging members to convene urgently to elect a chairperson among themselves to ensure optimal functioning of the agency,” said the Department of Public Works and Infrastructure (DPWI) in a statement on Wednesday.

The five newly appointed members to the board are Zimbini Hill, Jeffrey Mahachi, Raymond Nnaemeka Nkado, Nangamso Msuthukazi Matebese, and Bella Zoleka Mnanzana.

They join Matodzi Ratshimbilani and Derek Naidoo, whom the Minister previously appointed as his representatives to the board, as well as Mpilo Mbambisa, Lufuno Nevondwe, Karabo Siyila, and Prudence Mkhwanazi, who previously served on the board.

Macpherson said there has been allegations of corruption and governance issues at the IDT. The IDT is a Schedule 2 state-owned entity which manages the implementation and delivery of critically needed social infrastructure programmes on behalf of the government.

“Officials and I have worked tirelessly since then to uncover the truth and restore governance stability after months of the board operating without a quorum,” Macpherson said.

He also expressed his good wishes to the board “as they embark on the critical task of cleaning up the agency and restoring the IDT to its rightful position in delivering social infrastructure.”

He is also looking forward to the swift conclusion of the PwC independent investigation to ensure accountability, including potential criminal prosecution, where necessary. The investigation is around the circumstances of the awarding of a controversial R800 million Oxygen Plant tender awarded by the IDT.

READ | Macpherson welcomes PwC probe into R800m oxygen plant tender

“The IDT has a crucial role in transforming South Africa into a construction site, thereby driving economic growth and, importantly, creating jobs. It is through the transparency and accountability that we have introduced at the department that we will be able to enhance service delivery and build a better South Africa,” he said. -SAnews.gov.za

Edwin
Thu, 04/03/2025 - 10:09
185 views

3 April 2025

Government to launch R500m spaza shop support fund

Location: News

Government to launch R500m spaza shop support fund

Trade, Industry and Competition Minister Parks Tau and the Minister of Small Business Development, Stella Tembisa Ndabeni, will next Tuesday officially launch the R500 million Spaza Shop Support Fund, an initiative which was first announced by President Cyril Ramaphosa in November 2024.

The fund, which will be jointly administered by the National Empowerment Fund (NEF) and the Small Enterprise Development Finance Agency (SEFDA), provides critical financial and non-financial support to township businesses, including community convenience stores and spaza shops.

The aim of the fund is to support South African owned township community convenience shops, including spaza shops, in order to increase their participation in the townships and rural areas’ retail trade sector.

“The opening of the applications for the fund marks another milestones in government’s efforts to stimulate the growth of the rural and township economy in the country, particularly by providing the necessary support to the convenience stores and spaza shops that are based in the townships and rural areas.

“Government recognises the important role that small businesses, including those operating in the rural areas and townships, can play in creating jobs, growing our economy and alleviating poverty,” Ndabeni said.

The fund provides various types of support including the initial purchase of stock via delivery channel partners, upgrading of building infrastructure, systems, refrigeration, shelving and security, as well as training programmes which includes Point of Sale devices, business skills, digital literacy, credit health, food safety and business compliance.

Tau pointed out that the fund does not only support economic inclusion but also aligns with national priorities to formalise informal sectors, safeguard consumers and promote local production and said it is a holistic approach to revitalising township economies.

“Beyond individual support, the fund seeks to bolster the broader supply chain by fostering partnerships with local manufacturers, black industrialists and wholesalers.

“Through bulk purchasing arrangements and the promotion of locally produced goods, spaza shops will benefit from reduced costs and increased access to quality products,” Tau said. – SAnews.gov.za

Edwin
Thu, 04/03/2025 - 10:31
31 views

3 April 2025

Mining Advances Growth Prospects for African Economies

Location: News

Energy Capital & Power
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Mineral-rich African countries are strengthening cooperation with global partners to optimize the mining value chain, leveraging investments to accelerate GDP growth and sustainable development. In recent years, the contribution of mining to the national fiscus has grown significantly across many nations, and looking ahead, this growth momentum is on track to continue as nations promote greater investment in mineral development.

Mali

The Malian government expects to collect $1.2 billion (apo-opa.co/41Uk6C6) in tax revenue from the mineral sector in Q1, 2025 alone. New developments such as Hummingbird Resources' Yanfolia project and Ganfeng Lithium's Goulamina mine coming online, the country's mining industry is set to expand even further. In 2023, the sector contributed approximately $1 billion to the economy, accounting for 21.5% of the national budget.

Malawi

Malawi is accelerating the rollout and monetization of mining projects under its Agriculture, Mining and Tourism strategy. The strategy focuses on boosting activities across these sectors, with goals including increase exports, job creation and greater investment. The World Bank (apo-opa.co/3E0bWyX) projects that the mining sector will contribute 12% to Malawi's GDP by 2027, generating $300 billion in export revenue between 2026 and 2040.

South Africa

South Africa's mining sector remains a major economic pillar, contributing 6% to the country's GDP in 2024 and generating R100 billion in national revenue. The industry provided 474,876 formal jobs, accounting for 4.5% of total employment, while exports reached R800 billion - representing 45% of total merchandise exports. With efforts to revitalize the gold industry and accelerate growth in critical minerals underway, the industry's contribution to economic stability continues.

Zambia

In Zambia, mining continues to play a critical role, contributing 20% of total revenue, 15% of formal employment and 70% of export earnings (apo-opa.co/447UXVS). A plan to increase annual copper production to 3.1 million tons by 2031, reallocate 1,000 repossessed mining licenses (apo-opa.co/3R1l2hS) and attract new investments by firms such as Barrick, Jubilee Metals and Tertiary Minerals, will further expand the sector's contribution to GDP.

Botswana

With a wealth of untapped mineral opportunities, Botswana seeks to leverage international partnerships to unlock additional value across its diamond sector. Diamond mining currently accounts for 4% of employment, 30% of GDP and 85% of total exports in the country. Going forward, greater investment across the industry will not only spur job creation but generate increased revenue from the industry.

Ghana

Ghana's mining industry is a significant contributor to the country's economy, with minerals such as gold, manganese, bauxite and diamonds generating substantial revenue for the economy. Gold accounted for 48.4% of GDP in 2024 while small-scale gold miners alone generated $5 billion in foreign earnings from gold exports in the same year. However, with a focus on improving industry regulation, formalizing small-scale mining operations and increasing investments, Ghana is on track to generate greater value from its mining sector.

As global demand for minerals rises - driven by the energy transition and the Fourth Industrial Revolution - the prospects for Africa's mining sector remain strong. The upcoming African Mining Week - taking place on October 1-3 in Cape Town - will highlight the sector's expanding role in economic growth, job creation and revenue generation. African Mining Week will explore how countries are leveraging mining revenues to drive economic growth and infrastructure development, ensuring the industry remains a cornerstone of Africa's economic future.

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

3 April 2025

Former MPs Refuse to Leave Their Subsidised Housing in Parliamentary Villages

Location: News

State Attorney to take steps to evict them

3 April 2025

CLG Granted CEMAC Tax Accreditation, Reinforcing Position as Regional Legal Partner

Location: Business

Legal, tax and business advisory conglomerate CLG (www.CLGGlobal.com) - formerly Centurion Law Group – has officially been approved as a Central African Economic and Monetary Community (CEMAC) tax advisor by the CEMAC Standing Committee on Fiscal and Accounting Harmonization. CLG Tax and Legal will provide its full suite of tax services across all CEMAC member countries, supporting business and transactions across various strategic fields, including oil, gas and mining.

The tax certification not only comes as part of a broader restructuring of CLG's tax and legal services offerings, aimed at positioning the firm to better serve clients throughout the region with integrated solutions, but as the CEMAC region pursues accelerated growth across its strategic economic sectors. Specifically, the region's oil and gas sector is on track for rapid growth, as nations implement ambitious production targets. The Republic of Congo aims to produce 500,000 barrels per day (bpd) by 2027; Gabon targets 220,000 bpd in the short-term; while Equatorial Guinea and Cameroon are scaling-up gas monetization. These targets require significant levels of investment and CLG stands ready to support transactions and broader economic growth.

Given the potential of the CEMAC region's natural and mineral resources, project developers and investors have already begun to expand their presence across the region. In the Republic of Congo, TotalEnergies is investing $600 million in the Moho Nord project; Trident Energy recently acquired stakes in the Nkossa, Nsoko II, Lianzi and Moho-Bilondo fields; while Perenco increased production at the Tchibouela II and Tchendo II fields following a $30 million investment. In Gabon, wildcat drilling is underway on Blocks BC-9 and BCD-10 while Perenco advances the $1 billion Cap Lopez LNG terminal toward a 2026 start. In Equatorial Guinea, the country is preparing to launch an oil and gas licensing round while Cameroon drives a gas-to-industry agenda. Further developments in Chad are underway, highlighting the region's potential as a major producing hub.

Stepping into this picture, CLG's accreditation will serve to further support current and future transactions. Over the past decade, CLG has significantly grown its tax practice, providing comprehensive tax advisory and compliance services to numerous multinational companies operating across Africa. This sustained growth reflects CLG's commitment to meeting the complex tax needs of investors and businesses on the continent, from corporate tax planning and regulatory compliance to cross-border taxation strategies.

“By bolstering our tax practice in the CEMAC region, CLG continues to establish itself as a one-stop-shop for investors in the region and across the continent. The CEMAC accreditation aligns with our strategy to support impactful transactions in Africa and we look forward to strengthening our presence across the continent,” stated Zion Adeoye, CEO and Managing Partner of CLG.

CLG already has a strong presence in Africa, with offices in South Africa, Nigeria, Mauritius, Ghana, the Republic of Congo, Cameroon, Equatorial Guinea, Namibia and South Sudan. The company caters to a diverse portfolio of multinational companies operating globally, delivering bespoke solutions tailored to address the unique challenges and complexities faced by clients in different industries. CLG's expertise covers energy, infrastructure, mining, agriculture and ESG, to name a few. For the CEMAC region, CLG's extensive network and growing expertise positions the firm as strategic partner for regional and global firms. As companies expand their presence across the region, CLG's agile, integrated approach - underpinned by its local roots and depth of experience - demonstrates the rising prominence of African advisory firms on the global stage. The CEMAC tax certification not only expands CLG's regional service coverage but also solidifies its reputation as a trusted partner for businesses navigating Central Africa's evolving tax landscape.

“CLG's deep understanding of its clients' businesses, collaborative approach with local authorities, multinational orientation and highly experienced local teams are some of the factors that set our tax practice apart in the region,” stated Daoudou Mohammed, CLG Tax and Legal Director.

Distributed by APO Group on behalf of CLG.

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3 April 2025

SA Has World Class Medical Researchers – They Can and Should Be Bailed Out

Location: News

Medical scientists at the University of Cape Town have been hit especially hard by funding cuts made by the US government. South Africa has many of the world’s best HIV and TB researchers. Until recently, this research excellence was widely recognised by the fact that local research groups kept winning grants to conduct critically important …

2 April 2025

R750-Million Budget Change Hits Housing Developments in Three Provinces

Location: News

Western Cape, Gauteng and Free State are challenging national government’s decision to cut their funds and reallocate them

2 April 2025

Internet connectivity can aid SA’s development

Location: News

Internet connectivity can aid SA’s development

Internet connectivity has the potential to boost employment while also broadening access to education, healthcare and the speeding up of service delivery, says Deputy Minister of Science, Technology and Innovation Nomalungelo Gina.

Internet connectivity also has the potential to broaden modern agricultural practices, mobility, and banking services.

“Internet connectivity’s potential to boost productivity and employment is well documented,” the Deputy Minister said during a parliamentary session on Tuesday.

Gina cited a study encompassing 14 countries that found a 10 percentage-point increase in 3G coverage raised the employment rate by 2.1 percentage points, as faster internet connections create better job opportunities.

The Deputy Minister was addressing a joint session of Parliament’s Portfolio Committees on Communications and Digital Technologies and Science, Technology and Innovation with the Deputy Minister of Communications and Digital Technologies, Mondli Gungubele.

The Departments of Communications and Digital Technologies (DCDT) and Science, Technology and Innovation (DSTI) are collaborating in the development of a satellite communication strategy for South Africa.

The strategy is aimed at the establishment of a domestically owned satellite system that provides affordable, reliable, and secure communication infrastructure.

Over the past three years, the departments and their entities, Sentech and the South African National Space Agency (SANSA), have worked to develop the strategy, which is expected to significantly enhance digital inclusion, support economic growth, and bolster essential services such as e-government, telemedicine, and rural telephony.

“Following extensive consultations and feasibility studies, the strategy has received sign-off from the Presidency on the Social Economic Impact Assessment System process. The next phase involves further government cluster consultations and public engagement before final Cabinet approval.”

While commending the progress, committee members stressed the urgency of implementation, the need for gender representativity, and the establishment of required capabilities to complete the project.

The Chairperson of the Portfolio Committee on Science, Technology and Innovation, Tsakani Shiviti, said that both committees were hopeful that quarterly reports on the strategy would encourage the two departments to expedite the process for final Cabinet approval.

Acting Deputy Director-General at the DCDT, Dr Tinyiko Ngobeni, said the strategy would be submitted to Cabinet to obtain approval to publish it for comment from the public. Additionally, a national workshop will also be convened to explore substantive issues.

According to the DSTI, South Africa currently spends approximately R100 billion a year on foreign communication service providers.

“In contrast, a locally owned satellite system with a lifespan of up to 20 years would require a one-time capital investment of approximately R6 billion. This comparison shows the immense cost-saving potential of a domestic satellite system.”

Meanwhile, the department believes that a domestic system would also strengthen South Africa’s sovereign capabilities, as required by the national defence and security clusters.

The acquisition and operation of the satellite will be managed by a national satellite organisation through a strategic partnership with an international satellite fleet operator, ensuring sovereignty over critical communication infrastructure.

“The satellite industry presents vast opportunities for skills development, job creation, industrial growth, and self-reliance in national security matters.

“The satellite communication strategy initiative will foster new technical expertise throughout the satellite’s lifecycle – from design and construction to launch, operation, and maintenance – creating sustainable, high-skilled jobs and stimulating the local space industry,” said the Department of Science, Technology and Innovation.

SANSA, with its extensive expertise in satellite operations, will play a key role in driving the initiative forward.

The project underscores the government’s commitment to a digitally inclusive society, where all citizens have access to reliable and affordable communication services. – SAnews.gov.za

Gabisile
Wed, 04/02/2025 - 10:37
432 views

2 April 2025

George welcomes announcement on private sector-powered grid expansion initiative

Location: News

George welcomes announcement on private sector-powered grid expansion initiative

The Minister of Forestry, Fisheries and the Environment (DFFE), Dr Dion George, has commended the announcement that government will pursue private investment for the construction of new transmission lines.

Electricity and Energy Minister, Dr Kgosientsho Ramokgopa, on Tuesday announced that a pilot programme, the Independent Transmission Programme (ITP) will pave the way for the construction of 1 164 kilometers of new transmission lines.

The Department of Forestry, Fisheries and the Environment said Ramokgopa's statement aligns with the DFFE's vision, by encouraging private sector involvement, which aims to address the transmission constraints that have hindered the integration of solar and wind energy, especially in the Cape province.

“This significant step forward aligns seamlessly with the vision Minister George articulated earlier this week in his landmark decision on Eskom’s emissions framework, marking a triumph for South Africa’s sustainable energy future,” the department said in a statement on Wednesday.

On Monday, George underscored the urgent need for innovative infrastructure solutions to balance energy security with environmental responsibility, subtly pointing to the expansion of transmission capacity as a key enabler for renewable energy growth.

The Minister said Ramokgopa’s announcement is a "resounding victory for the sustainable energy path we are forging."

“My decision on Eskom’s emissions earlier this week laid the groundwork for a modernised energy system that respects our climate commitments. Minister Ramokgopa’s bold move to unlock private investment in transmission lines is exactly what I alluded to – a practical, impactful step to harness our renewable potential and secure a cleaner future for all South Africans.”

George also commended the cross-governmental collaboration, noting that the R440 billion Transmission Development Plan, now supported by private funding, will ease the burden on Eskom and the national budget, while accelerating the transition to renewable energy.

He reaffirmed his dedication to partnering with Ramokgopa to ensure that environmental standards remain integral to this transformative infrastructure expansion.

“This initiative is about more than just power lines – it’s about powering opportunity. We are opening the door to investment, job creation, and South Africa’s emergence as a green economy leader,” George said

The procurement regulations are set to be released on Thursday, 3 April 2025. – SAnews.gov.za

Gabisile
Wed, 04/02/2025 - 13:12

240 views

2 April 2025

Gauteng targets R300 billion in investments to boost economy

Location: News

Gauteng targets R300 billion in investments to boost economy

Gauteng Economic Development MEC, Lebogang Maile, says the province is aiming to secure at least R300 billion in investment pledges at the Gauteng Investment Conference (GIC), to be held in Johannesburg.

The MEC was speaking during a media briefing on the state of readiness of the province to host the conference, to be held at the Johannesburg Stock Exchange, in Sandton, on 3 April 2025.

“Leaders across all tiers of government, including Minister of Trade, Industry and Competition, Parks Tau, Premier of Gauteng Premier Lesufi, and Johannesburg Mayor Dada Morero, will provide inputs at the conference. The keynote address will be delivered by the Deputy President, who also serves as the Leader of Government Business in South Africa, His Excellency, Paul Mashatile.

“Of equal significance is the large contingent of leaders across the business and government sectors on the African continent, the African diaspora and the globe. With over 50 companies represented, the conference will be a convergence point of the world’s most important companies in various sectors,” Maile said.

The Gauteng province is of importance for South Africa’s economy and contributes at least 33% to the national Gross Domestic Product, and nearly 7% of sub-Saharan Africa’s output.

“The [GIC] is a transformative event in affirming the place of the Gauteng province in the continental economy. We are asserting that the development of Gauteng is in the best interest of South Africa, the Southern African Development Community and the continent broadly.

“Thus, investment in the economy of Gauteng extends beyond the confines of its provincial borders into other lands across the entire continent,” the MEC said.

Furthermore, the conference will also serve as a platform for critical dialogue that will “enable direct engagement between policy makers, investors and industry experts”.

“This will ensure that we come out with tangible and applicable outcomes. The sessions will focus on, amongst other things, public-private infrastructure investments, as well as key Gauteng most dynamic and high growth sectors, including…advanced manufacturing, green and renewable energy, ICT [information and communication technology] and data infrastructure, transport and logistics, smart property development and urban regeneration, as well as tourism and the creative economy,” he said.

Maile emphasised that these sectors are critical to ensuring development on a provincial, national and continental level.

“Investment in these sectors offers the most reliable instrument for ensuring sustainability and development, offering a clear path to economic prosperity that is anchored on inclusive growth, environmental protection and human development,” Maile said. – SAnews.gov.za

NeoB
Wed, 04/02/2025 - 13:46
264 views

2 April 2025

Deputy President Mashatile Appoints Ms Gadija Brown as Economic Special Advisor

Location: News

The Presidency of the Republic of South Africa
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The Office of the Deputy President of the Republic South Africa, His Excellency, Mr Shipokosa Paulus Mashatile, is pleased to announce the appointment of former MEC for Finance in the Free State Province, Ms Gadija Brown as Special Economic Advisor to the Deputy President.

A seasoned professional with rich experience in the commercial banking sector, Ms Brown brings a wealth of knowledge and expertise to her role as an Advisor in the Presidency, having served the Free Sate Provincial Government in various capacities; as a Member of the Provincial Executive Council for Finance, Head of the Departments of Agriculture and Rural Development, Public Works and Infrastructure as well as the Economic, Small Business Development, Tourism and Environmental Affairs department.

Among her educational qualifications, Ms Brown holds a Bachelor's Degree in Management and Leadership, majoring in Finance and Economics, from the University of Free State as well as various other Certificates in banking, project and risk management, ethics, contributing to her academic aptitude.

“The appointment of Ms Brown will surely enhance the work of the advisory team in the Office of the Deputy President, and her great deal of expertise in various fields, will significantly strengthen the delivery of tasks delegated to us, by President Ramaphosa”, said Deputy President Mashatile.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

2 April 2025

Deputy President appoints Gadija Brown as Special Economic Advisor

Location: News

Deputy President appoints Gadija Brown as Special Economic Advisor

The Office of the Deputy President, Paul Mashatile, has announced the appointment of Gadija Brown, the former MEC for Finance in the Free State, as his Special Economic Advisor.

A seasoned professional with rich experience in the commercial banking sector, the Office of the Deputy President believes Brown brings a wealth of knowledge and expertise to her role as an advisor in the Presidency.

Brown served the Free Sate Provincial Government in various capacities as a Member of the Provincial Executive Council for Finance, Head of the Departments of Agriculture and Rural Development, Public Works and Infrastructure as well as the Economic, Small Business Development, Tourism and Environmental Affairs Department.

Brown holds a Bachelor’s Degree in Management and Leadership, majoring in Finance and Economics, from the University of Free State.

She also holds various certificates in banking, project and risk management, and ethics, contributing to her academic aptitude. – SAnews.gov.za

Gabisile
Wed, 04/02/2025 - 11:00
28 views

2 April 2025

Treatment plant to alleviate KwaXimba water supply challenges

Location: News

Treatment plant to alleviate KwaXimba water supply challenges

Water and Sanitation Minister Pemmy Majodina says the completed two phases of the KwaXimba Water Treatment Package Plant will bring relief to the longstanding water supply challenges facing villages in KwaXimba.

Majodina and Deputy Ministers David Mahlobo and Sello Seitlholo visited KwaXimba on Monday, to assess the progress of the plant. The visit also marked the conclusion of National Water Month.

The Ministers were accompanied on the visit to KwaXimba which is located within the eThekwini Municipality in KwaZulu-Natal, by Chairperson of the Board of uMngeni-uThukela Water, Advocate Vusi Khuzwayo.

The plant which is managed and implemented by uMngeni-uThukela Water, consists of two phases, including a two-megalitre-per-day (ml/d) (completed Phase 1) and a seven-megalitre-per-day (Phase 2) water treatment portable plants.

Located in Ward 1 of KwaXimba, the plant represents a major investment of over R378 million and is designed to supply potable water to 18 villages in and around KwaXimba.

The plant already had a two megalitres package plant, which was handed over last year and has now been upgraded with another potable plant that will supply five megalitres per day, addressing water challenges in KwaXimba and the surrounding areas within the eThekwini Metro.

The upgraded plant will supply potable water to two of eThekwini’s key reservoirs, D1821 and D1818, which, in turn, will distribute water to villages including Mvini, Bhobhonono, Nkandla, Nonoti, Msunduze, Mhali, Esiweni, Livapo, Nconcosi, Ntukusweni, Zwelisha, Kajabula, Othweba, Kwanyoni, Skhoxe, Kwadenge, and Emngacwini.

Previously, KwaXimba and its surrounding areas relied on a reservoir in Cato Ridge, which received treated water from the Midmar Water Treatment Works through the Western Aqueduct.

However, due to population growth and increased demand, the Cato Ridge reservoir no longer provide reliable water supply to all the communities, including the villages.

Majodina said the two package plants will be able to improve water supply to these communities and bring a relief to water supply challenges.

“The plant was commissioned last year and is operating well and will remain under the custodianship of uMngeni-uThukela Water which will ensure that it is protected and properly maintained. We are confident that this project will bring a relief of water supply challenges and will guarantee uninterrupted water supply to the whole of KwaXimba's ward 1 and the surrounding areas.”

The Minister also highlighted an ongoing infrastructure project of the plant designed to upgrade a four-kilometre bulk water supply pipeline, which is currently 47% complete. The project, which will further enhance the reliability of water distribution, is expected to be completed by December 2025. – SAnews.gov.za

GabiK
Wed, 04/02/2025 - 09:57
57 views

2 April 2025

Still No Compensation for Victims of George Building Collapse

Location: News

Dysfunction at the Compensation Commission mean some victims may never receive payment

2 April 2025

Equinix Strengthens Commitment to Nigeria’s Digital Economy

Location: Business

Equinix, Inc. (Nasdaq: EQIX) (www.Equinix.com), the world's digital infrastructure company™, has officially opened its latest data center expansion in Lagos. Called LG2.3, the facility will support Nigeria's growing digital transformation efforts, providing state-of-the-art colocation and secure interconnection solutions which will empower businesses across the region. It also signifies Equinix's unwavering dedication to advancing Nigeria's position in the global digital economy, reinforcing the company's commitment to the region.

As part of the inauguration, Bruce Owen, President of EMEA at Equinix, along with other Equinix executives, led the ribbon-cutting ceremony at the newly expanded site. In addition to an official visit to the Governor of Lagos State, Equinix hosted an exclusive customer engagement event, bringing together key customers and partners from Nigeria's business and technology sectors. Attendees discussed shared successes and Equinix's role in facilitating digital transformation, while also connecting directly with Bruce Owen for insights into how Equinix's solutions drive innovation and business agility in the region.

Equinix executives also took part in a tree-planting ceremony, symbolising Equinix's continued investment in sustainable initiatives across the globe and highlighting the company's broader goal of reducing its carbon footprint while supporting greener practices across its operations worldwide.

Speaking about the expansion, Bruce Owen, President of EMEA at Equinix said “Nigeria is a crucial market for Equinix. Today's opening is a clear demonstration of our continued commitments to invest and grow digital infrastructure that will benefit the many thousands of businesses in Nigeria and on the continent as a whole. I am deeply encouraged by the enthusiastic partnerships and innovations emerging from this dynamic region, which continue to inspire our commitment to Nigeria's digital and sustainable future.”

Adding to this, Wole Abu, Managing Director of Equinix West Africa, highlighted the critical role of data centers in driving economic growth stating “Data centers continue to play a pivotal role in driving economic development in Nigeria, serving as critical infrastructure that supports digital transformation and economic growth. As governments and enterprises increasingly acknowledge their significance, global demand for data center capacity is poised to rise. While Africa's demand for data solutions is still evolving compared to more mature markets, the continent is demonstrating strong potential for digital adoption and innovation. To meet this growing need, Equinix is actively advancing three major data center projects in Nigeria, with future expansion plans for Ghana, Côte d'Ivoire, and South Africa.”

Equinix remains steadfast in its mission to enable secure, scalable, and sustainable digital growth for economies across the world.

Distributed by APO Group on behalf of Equinix.

Equinix Media Relations:
press@equinix.com

Equinix Investor:
invest@equinix.com

About Equinix:
Equinix (Nasdaq: EQIX) (www.Equinix.com) is the world's digital infrastructure company™. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

Forward-Looking Statements:

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

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1 April 2025

Third sluice gate opened to increase Vaal Dam water outflows

Location: News

Third sluice gate opened to increase Vaal Dam water outflows

With the Vaal Dam water levels at 107.30%, the Department of Water and Sanitation (DWS) has opened a third sluice gate at the dam to increase water outflows and manage the increase of inflows.

The third sluice gate which was opened on Tuesday afternoon, will increase water outflows to approximately 400 cubic metres per second (mᵌ/s), and manage the increase of inflows from upstream due to the ongoing rains.

The department reassured that the current water releases by the three sluice gates are still within the safe operational limits and are not expected to lead to overtopping of riverbanks downstream.

“Grootdraai Dam, located in Mpumalanga in the Upper Vaal River Catchment, which is upstream of Vaal Dam, had one sluice gate opened by one metre, and has now been increased to 1.5 metres to increase the water releases. The dam is currently sitting at 103.37%.

“At Bloemhof Dam, water outflows have been temporarily closed today due to maintenance work currently underway. As soon as the maintenance is completed today, water releases will resume and will be staggered over several hours to prevent wave-action flooding downstream,” the department said in a statement.

Additionally, increased outflows from Vaal Dam are expected to reach Bloemhof in three to four days and will result in water levels rising at the dam.

“If necessary, these increases will be managed by gradually increasing outflows from the dam. The dam levels are [at] 96.65%.”
The department added that it is implementing these necessary water releases at the dams as part of dam safety precautions to safeguard infrastructure and ensure that there is full storage capacity after the rainfall season.

The department opened the second sluice gate at the Vaal Dam on Friday, 28 March.

READ | Second sluice gate opened to increase Vaal Dam water outflows

The DWS is continuously monitoring the water levels in the Vaal River System. – SAnews.gov.za

GabiK
Tue, 04/01/2025 - 15:40
116 views

1 April 2025

Ramokgopa announces Independent Transmission Programme

Location: News

Ramokgopa announces Independent Transmission Programme

Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, has announced that government will pursue private investment for the construction of transmission lines through the Independent Transmission Programme (ITP).

The Minister made the announcement of the new programme during a media briefing, held in Pretoria, on Tuesday.

During the briefing, Ramokgopa touted the pilot programme for the ITP which will pave the way to the construction of 1 164 kilometres (km) of new transmission lines, designed to support renewable energy projects.

“Our renewable energy assets are not fully exploited as a result of the constraints on the transmission side. The Eskom balance sheet and the sovereign balance sheet is not sufficient to carry the kind of investments that are required in this space.

“In terms of the transmission development plan…we will need modernise and expand transmission by about 14 000km and for us to be able to do this, we need about R440 billion. The State is not in a position to provide that kind of support. So, today we are introducing the independent transmission programme,” Ramokgopa said.

He said a ministerial determination has been issued to create a “dispensation that allows for private sector participation”.

“Our view is that there’s a need for us to be able to ensure that we are able to accelerate and support transmission infrastructure development. The transmission development plan does say that we need this 14 000km of new lines to be able to unlock the capacity, especially in the cape provinces.

“That is where we have the most efficient and reliable energy assets in the form of solar and wind, but we have exhausted all of the transmission that allows us to evacuate the electrons so that the economy can benefit from those assets,” the Minister said.

Ramokgopa added that the procurement of transmission will be done in the most cost-effective way, while regulations will be issued this Thursday.

“The Ministry is the one mandated to procure and then the NTCSA [National Transmission Company of South Africa] is the party that buys that. We are going to ensure that we procure the most cost-effective and tendering procedures that are fair, competitive and equitable.

“The requirement for the ITP pilot has to be consistent with transmission development plan and it must also support the IRP [Integrated Resource Plan]. It must [also] be commercially viable,” Ramokgopa said.

It is envisioned that with the new transmission lines, at least 3000 megawatts (MW) of energy will be added to the grid.

“The new generation capacity that we are going to unlock as a result of this intervention is 3 222 MW. It is about 63% of the total capacity of Medupi and Kusile [power stations]. We are moving in the right direction.

“For the South African economy to grow, we need to unshackle the issues of the structural constraints, which is electricity and the inefficiencies in the logistics side. The second is greater investment by the private sector. Electricity gives us a pristine opportunity to transform the economy [and] grow the economy,” he said.

A Request for Qualification will be issued in July while a Request for Proposals will be issued in November. – SAnews.gov.za

NeoB
Tue, 04/01/2025 - 12:35
188 views

1 April 2025

Minister Meth hands over R514m contract to 15 LAP partners

Location: News

Minister Meth hands over R514m contract to 15 LAP partners

Employment and Labour Minister Nomakhosazana Meth, has officially handed over R514 million in contracts to 15 Labour Activation Programme (LAP) partner companies in Mpumalanga, aimed at stimulating job creation in the province.

The 15 LAP partner companies are expected to provide training to over 9 600 job seekers after signing a pledge committing to the absorption of these jobseekers in key sectors of the economy.

Speaking at the handover event held at Mbombela Stadium on Monday, Meth said the handover is not just about launching projects but also igniting opportunities that will reach thousands of individuals, uplift families, and strengthen communities.

“We are investing not just in businesses, but in people, skills, and making dreams that deserve to be realised a possibility. This is what real economic transformation looks like - not just numbers on a page, but real impact on the lives of those who call Mpumalanga home,” the Minister said.

The Minister said that the partners whom the contracts have been handed over to have been given a condition to guarantee jobs for beneficiaries.

“I have made it a requirement that all the LAP partners recruit at least 70% of the beneficiaries from the Employment Services of South Africa (ESA) platform, which is a government system placed to connect job seekers with available opportunities,” she said.

She moved to highlight that Mpumalanga is a province of movement, boasting infrastructure that connects the nation to greater possibilities. It is home to one of the most important economic corridors, the Maputo Corridor, a vital route that links us to the Port of Maputo and connects South Africa to the rest of the world.

“Through this corridor, we export our agricultural produce, our minerals, and our manufactured goods, which fuel the country’s economy. It is this very corridor that has the power to transform small businesses into major players, to take local industries and give them a global footprint,” she said.

The Minister also noted that approximately 1 million young South Africans become available to the labour market. However, only 400 000 find steady work, 300 000 find some work, while about 300 000 never find work.

She stressed that without decisive and intentional interventions from the government, in collaboration with relevant societal partners, the situation is unlikely to improve.

Young people continue to face challenges in entering the labour market due to a lack of work experience, and in some cases, possessing skills that do not align with market demands.

“It is for this reason I emphasise that our response must be decisive, and I dare say – aggressive.

“I am pleased and equally excited that today, at this municipality of Mbombela we gather to handover the Labour Activation Program contracts to 15 partners, who will create job opportunities for 9 616 beneficiaries to the value of over R514 million across 4 districts and spanning to over 11 local municipalities,” the Minister said.

The Minister said the Labour Activation Program is the department’s direct policy response to unemployment, affording job seekers opportunities to improve their employability and connect them to the world of work.

“Our focus should combine skills training, work experience, and job placement services to help participants transition into the labour market.

“With these projects, we are saying to the people of Mpumalanga: we see you, we believe in you, and we are committed to your success. We are saying to the youth that there is space for you in this economy, that your talents and skills are needed, as the future belongs to you. We are saying to businesses that you are not alone, the government is here to support you and to open doors to break down barriers that have held back growth for too long,” the Minister said.

The Minister added that government is strengthening private sector partnerships to collaborate in creating more job opportunities and ensure training programs are relevant to industry needs.

“We need every South African to believe in the power of collective action. This drive grew stronger after President Ramaphosa established an Inter-Ministerial Committee of government and business partnership on unemployment, skills development and SMME support, which is chaired by me as the Minister of the Department of Employment and Labour.

“Throughout this partnership, our targeted interventions for groups disproportionately affected by unemployment, such as youth, women and people with disabilities remain our priority.

“Let us continue working together to build a better country- collectively working together, we can change the trajectory of unemployment,” the Minister said. – SAnews.gov.za

DikelediM
Tue, 04/01/2025 - 09:04
223 views