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Weather warnings for Eastern Cape, KwaZulu-Natal 

Location: News

Weather warnings for Eastern Cape, KwaZulu-Natal 

The South African Weather Service (SAWS) has issued alerts for heavy rain and flooding over parts of the Eastern Cape and KwaZulu-Natal.

Due to a cut off low pressure system, these conditions are expected from Sunday to Tuesday.

“Some areas in the summer rainfall region recently experienced their first Spring thunderstorms, but much of South Africa experienced calm weather conditions over the last few days. This is set to change with the arrival of a cut-off low pressure system, which will impact the southern, central, and eastern provinces from Sunday until Tuesday, 20 to 22 October 2024,” the SAWS said in a statement.

It added that cut-off low-pressure systems are notorious for resulting in severe weather during the Spring months, including heavy rainfall that can lead to flooding, as well as intense thunderstorms accompanied by hail and damaging winds. 

“This system is expected to result in widespread and disruptive rainfall along the coastal regions and adjacent areas of the Eastern Cape and the southern and central coast of KwaZulu-Natal, which may result in minor to significant flooding in some areas.”

Additionally, isolated severe thunderstorms are also possible over the eastern and central interior regions, affecting areas such as the Free State, Gauteng, North West, Mpumalanga, and parts of KwaZulu-Natal during this period.

The cut-off low will develop over the south-western parts of the country on Sunday, while a stationary surface high-pressure system will bring moisture to the southern and south-eastern regions. 

“These systems will lead to widespread rainfall over parts of the Eastern Cape and KwaZulu-Natal mainly from Sunday to Tuesday. Some Numerical Weather Prediction (NWP) models suggest that accumulated rainfall could reach 100 to 200 mm along the coastal areas of the Eastern Cape and the central and southern coast of KwaZulu-Natal during this period.”

The SAWS has issued the following impact-based warnings: 

•    Orange Level 6 Warning: Disruptive rain leading to flooding of settlements, roads, damage to property and infrastructure is expected along the coast and adjacent interior between Port Alfred and Mtunzini from Sunday into Monday. 

•    Yellow Level 4 Warning: Disruptive rain leading to localised flooding of settlement, roads, damage to property and infrastructure for the Nelson Mandela Bay Metro, Kouga, Sundays River Valley, Makana and Mdlambe Local Municipality as well Ngqushwa are expected from Sunday into Monday and likely to persist until Tuesday.

•    Yellow Level 4 Warning: Severe thunderstorms with heavy downpour leading to localised flooding of settlements, low lying areas, resulting in closure of some bridges and roads, large amounts of small hail and damaging wind to informal/formal houses or structures and vehicles are expected over most parts of KwaZulu-Natal, the extreme eastern Free State and extreme southern Highveld of Mpumalanga from Sunday into Monday. 

•    Yellow level 2 Warning: Severe storms with heavy downpour leading to localised susceptible roads, low lying areas and bridges, large amounts of small hail that will result in localised damage to vehicles, houses and structures as well as localised damage to informal houses due to strong damaging wind are expected over the eastern parts of both North West and the Free State, Gauteng, the Mpumalanga Highveld and extreme northeast of KwaZulu-Natal as well as over the extreme south-west of Limpopo on Sunday into Monday.

•    Yellow Level 2 Warning: Disruptive rain leading to localised flooding of susceptible roads, low-lying areas and bridges are expected south of escarpment of the eastern parts of the Eastern Cape from Sunday into Monday.

Calm weather conditions 

Meanwhile, most parts of the country will experience warm to hot temperatures during this period, though cool to cold conditions can be anticipated in parts of the Western Cape, Eastern Cape, and southern KwaZulu-Natal due to extensive cloud cover and rainfall. 

Calm weather conditions are expected to return on Wednesday as the cut-off low moves eastward, away from the south-eastern coast. -SAnews.gov.za

Neo
Mon, 10/21/2024 - 12:05

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Europe’s Network and Information Security (NIS2) directive raises the stakes for African businesses to comply with European Union’s (EU) cyber security standards

Location: News
Check Point Software Technologies Ltd.

The European Union's NIS2 cyber security  directive has significant implications for African businesses trading with the continent.  This is according to Check Point Software Technologies (www.CheckPoint.com), a leading AI-powered cloud-delivered cyber security provider, which urges African businesses with strong ties to the EU to take steps to comply with this new, stringent cyber security regulation.

Download document: https://apo-opa.co/3UgCQYj

The European Union's NIS2 Directive, came into effect this month and requires member states to amend their national legislation. The NIS2 Directive imposes strict cyber security requirements, including enhanced management liability, reporting to authorities, risk management, and business continuity planning, placing African companies trading with the EU under increased scrutiny.

The NIS2 Directive builds upon the original NIS1 Directive introduced in 2016, expanding its scope to cover a wider range of sectors including Energy, Banking, Transport, Digital Infrastructure, Healthcare, Food Production, and Research. More than 80% of European enterprises are now within the scope of this legislation, which extends to global supply chain partners—including many businesses in Africa.

Collins Emadau, Check Point Partner and Director at Westcon, explains, “Europe is still Africa's leading trading partner. African businesses, particularly in leading economies such as South Africa, Kenya, and Nigeria, need to understand the far-reaching impact of NIS2. Compliance is not just about meeting EU standards—it's about securing their future in a globalised market. Failure to comply will result in not only heavy fines but also the potential loss of critical trade partnerships with EU member states."

What's at Stake for African Businesses?

The EU remains the largest trading partner for Africa, with over 18 Economic Partnership Agreements and trade worth billions annually. African businesses, especially in sectors like Energy, Banking, Transport, and Manufacturing, are key partners in the EU's supply chains. To continue doing business with EU companies, African organisations must comply with NIS2, which mandates strict cyber security measures to protect critical infrastructure and supply chains.

Issam El Haddioui, Head of Security Sales Engineering:  Africa, Check Point Software Technologies, says, "NIS2 sets a new standard for cyber security, and African businesses must act now. Many organisations are unaware of the depth of these requirements, which go beyond local regulations. Compliance is essential not only for maintaining business relationships with the EU but also for enhancing the overall resilience of African economies against cyber threats."

Compliance will exact a cost for African organisations, which according to Interpol's 2021 Africa Cyberthreat Assessment Report, spends an average of only 0.05% of their revenue on cyber security, far below the global average of 0.3-0.5%.  The Report also estimated the financial impact of cyber crime in the region at over $4 billion USD, representing about 10 percent of Africa's total GDP.

Tougher Penalties and Personal Responsibility

NIS2 introduces personal liability for business leaders in the event of a cyber attack, meaning that executives themselves can be held financially accountable for breaches. Penalties include fines of up to EUR 7 million or 1.4% of a company's global annual turnover, whichever is higher. This goes beyond the GDPR, placing even more responsibility on corporate leadership to ensure robust cyber security practices are in place.

NIS2 mandates that organisations must report cyber incidents to authorities promptly and inform their stakeholders, suppliers, and customers. Therefore, African businesses must ensure they have a comprehensive incident response plan in place, along with regular cyber security training for both IT and leadership teams.

Steps for African Businesses to Ensure Compliance

To successfully implement NIS2 and avoid devastating penalties, Check Point recommends the following four steps for African businesses:

  1. Knowledge: Business leaders must gain a basic understanding of cyber security to effectively communicate with their IT teams and ensure sound decision-making.
  2. People: Establish an agile IT security department, including key roles such as a Data Protection Officer (DPO) and a Chief Information Security Officer (CISO), to manage and distribute responsibilities efficiently.
  3. Audit: Conduct regular risk assessments and audits to identify and mitigate vulnerabilities. Continuous monitoring is essential to stay compliant with evolving threats.
  4. Incident Management: Develop clear procedures for responding to cyber incidents, including swift reporting to national authorities, suppliers, and stakeholders.

Long-Term Commitment to Cyber Security

Compliance with NIS2 is not a one-time process; it requires a long-term commitment to cyber security. From 2028, organisations will be required to annually document their NIS2-compliant IT infrastructure and demonstrate that their cyber security measures are aligned with the latest technological advancements.

“African countries, especially economic leaders like South Africa, Kenya, and Nigeria, should also consider using the NIS2 framework as a model for strengthening their own national cyber security regulations. By improving cyber-readiness, African businesses can not only comply with international standards but also protect their data, operations, and reputations from evolving threats,” El Haddioui continues.

El Haddioui, concludes, "The NIS2 Directive marks a significant shift in the cyber security landscape. African business leaders must recognise that cyber security is now a matter of survival, not just compliance. By taking proactive measures, they can safeguard their future, avoid heavy penalties, and ensure their organisations thrive in an increasingly interconnected global economy."

Distributed by APO Group on behalf of Check Point Software Technologies Ltd..

Follow Check Point via:
LinkedIn: https://apo-opa.co/48bWAC1
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YouTube: https://apo-opa.co/48wjFQd

About Check Point Software Technologies Ltd.:
Check Point Software Technologies Ltd. (www.CheckPoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organisations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Core Services for collaborative security operations and services.

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Check Point Software Technologies Ltd.
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Read moreEurope’s Network and Information Security (NIS2) directive raises the stakes for African businesses to comply with European Union’s (EU) cyber security standards

Citizens urged to change behaviour towards water usage

Location: News

Citizens urged to change behaviour towards water usage

The Department of Water and Sanitation (DWS) has reiterated a call for continuous action from all citizens to secure the country’s scarce resource through a change of behaviour towards water usage.

The department noted that South Africa is a water-scarce country and that water resources are under immense pressure due to climate change effects.

To further worsen the situation, the department said South Africans currently consume more water per capita at approximately 218 litres per day than the world average of approximately 173 litres per day, while Gauteng is sitting at 266 per capita per day.

“This means we are using more water than the required average and that is unsustainable. The demand-supply relationship for treated water in Gauteng is very tight and the system is vulnerable to disruptions now because there is no reserve supply capacity in the system due to high demand.

The DWS called on all citizens to contribute to saving water, emphasising that living in a water-scarce region means that “we all must use water wisely [and] water conservation is essential and can be done by everyone.”

“Finding and fixing water leaks is an essential part of reducing water wastage in our homes, businesses, sports clubs, schools, places of worship and everywhere else in our communities. We call on communities to follow restrictions put in place by your respective municipalities, and to use water with caution and reduce consumption.”

Enforcing bylaws on water restrictions

The department also called on Gauteng municipalities to implement strict water restrictions and enforce municipal bylaws to those who do not comply to water restrictions.
 

“Level 1 restrictions prohibit irrigation of gardens with sprinklers and hosepipes between 6am and 6pm; filling of swimming pools; and washing of paving areas and driveways with hosepipes.”

If high demand continues, the department said municipalities should implement higher levels of restrictions, including educating residents and communicating the benefits of conserving water, as well as the dangers of wasting it.

“Repair leaks and burst pipes timeously to reduce quantities of water lost, attend to illegal connections, and maintain water infrastructure to ensure reliability and sustainability. Residents, repairing leaking pipes in your property is your responsibility [and] by law, leaks should be repaired quickly, and this will also save you money,” the department explained.

Water saving tips

The department has provided some of the tips on how communities can further implement small-scale changes to save water in households, schools, parks, churches, industrial buildings, government buildings. 

These are: 
•    Keep the taps turned off when not in use.
•    Turn off your tap while brushing your teeth and only turn on when it is time to rinse (and where possible, rather use a tumbler). 
•    When boiling water, kettles should not be filled to the brim but with just enough water for your needs.
•    Wash your veggies in a bowl instead of under running water, then use the water to flush your toilet or water your plants. 
•    Only run the washing machine and dishwasher when you have a full load. 
•     Take a shower of five minutes or less.
•    Do not use a hosepipe to wash your car but instead use a bucket of water.
•    Do not rinse dishes under a running tap. 
•     Regularly check and fix leaking taps, pipes and toilets. 
•    Do not use hosepipes to clean on paved areas but rather use a broom to sweep. 
•    Water your garden either in the early morning or late in the afternoon. 
•    Avoid flushing toilets unnecessarily. 
•     Invest on rainwater harvesting system and use the water for water gardens, car washing and cleaning of paving etc.
•    Promote plantation of drought-resistant trees and plants as these can thrive even without irrigation.
•     Make an effort to educate the people around you on why you think saving water is important.

Tips on how to conserve water in industries

•    Minimise unnecessary water use in exterior landscaping. Instead of choosing lawns that require regular watering, consider using decorative landscaping rocks to fill the space so that you can cut down on water use.
•     Prioritise maintenance, cleaning and repair of water-using equipment to avoid leaks. 
•    Replace high-volume spray hoses with water-conserving models. 
•    The best way to conserve water is to recycle and reuse it.

“Mzansi, by making these simple changes, you can help save water. Saving water is part of our responsibility,” the department said. – SAnews.gov.za
 

GabiK
Fri, 10/18/2024 - 13:36

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Read moreCitizens urged to change behaviour towards water usage

Forum on Impactful Investment for Inclusive Growth in South Africa

Location: News

Invest Africa
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Invest Africa (www.InvestAfrica.com), in partnership with British International Investment (BII), the UK's development finance institution and impact investor, is excited to announce the upcoming forum, Impactful Investing for Inclusive Growth, taking place on 23 October 2024 in Johannesburg. This half-day event will focus on driving inclusive development in South Africa, addressing the critical challenges of digital, financial, and spatial inclusion. 

Bringing together key stakeholders, the forum will feature prominent speakers including Andile Ngcaba, Founder and Chairman of Convergence Partners, Hardy Pemhiwa, Group President and CEO of Cassava Technologies, and Carel Kleynhans, CEO of Divercity Urban Property Group. These thought leaders will share insights into how strategic investments can unlock untapped potential within South Africa's economy. 

BII, a pioneer in impact investing, has been a long-term partner to South Africa, with its first investment dating back to 1995. As the economic landscape evolves, BII remains committed to promoting sustainable development through impactful and inclusive investment. The forum will spotlight key areas such as digital infrastructure and affordable housing, while exploring how innovative financial solutions can drive inclusive growth and help South Africa meet its sustainable development goals. 

Chantelé Carrington, Chief Executive Officer of Invest Africa, commented: "Our partnership with British International Investment is a significant step in driving inclusive growth in South Africa. Together, we aim to empower communities, bridge gaps in access, and drive sustainable development across the country. We look forward to working collaboratively with BII to bring transformative investment to the region at the Impactful Investing for Inclusive Growth event." 

Chris Chijiutomi, Managing Director and Head of Africa, British International Investment, added:  

"We are committed to investing our capital to support inclusive and sustainable economic growth, particularly when it comes to offering vital climate finance. I am delighted to join forces with Invest Africa to bring together businesses and investors to unlock South Africa's economic potential. This will be the first in a series of forums that we will be convening to bring together entrepreneurs and industry leaders to support the government's agenda to bring about sustainable economic growth and increase innovation.” 

The forum will host two key sessions:  

  • Session 1: Digital and financial Inclusion (08:15 – 09:15) – Exploring the challenges and opportunities for expanding Africa's digital infrastructure, with a focus on how development finance can support affordable, wide-reaching connectivity across the continent. The panel will also explore innovative solutions to enhance financial inclusion and poverty reduction in underserved communities. 
  • Session 2: Spatial Inclusion (09:30 – 10:30) – Addressing the critical need for investment in affordable housing and township retail. 

The event will gather business leaders, investors, and policymakers for insightful discussions on how impactful investments can drive sustainable and inclusive growth in South Africa.  

For registration or inquiries, please contact George Meadows, Marketing and Events at Invest Africa, at george.meadows@investafrica.com. 

Distributed by APO Group on behalf of Invest Africa.

For media inquiries, please contact:  
George Meadows  
Marketing and Events, Invest Africa  
T: +44 20 3730 5035  
E: george.meadows@investafrica.com 

About Invest Africa:
Invest Africa is a leading pan-African business platform that promotes trade and investment across the continent. With over 60 years of experience, our network includes more than 400 multinational corporations, private investors, fund managers, family offices, policymakers, and entrepreneurs, all committed to building opportunity across Africa. We facilitate business and investment through events, conferences, bespoke missions, and consultancy. For more information, visit: www.InvestAfrica.com  

About British International Investment (BII):
British International Investment is the UK's development finance institution and impact investor. As a trusted investment partner to businesses in Africa, Asia and the Caribbean, BII invests to create productive, sustainable and inclusive economies in our markets. Between 2022-2026, at least 30 per cent of BII's total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge (https://apo-opa.co/409BUbF) which has raised over $33.6 billion to empower women's economic development. The company has investments in over 1,580 businesses across 65 countries and total net assets of £8.5 billion. For more information, visit: www.BII.co.uk | watch here (https://apo-opa.co/48k4sl6). Follow British International Investment on LinkedIn (https://apo-opa.co/4hdcnVa) and X (https://apo-opa.co/3UfiWgb). 

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Deputy Minister prioritises transformation in sport

Location: News

Deputy Minister prioritises transformation in sport

The Deputy Minister of Sport, Arts and Culture, Peace Mabe, is using her time in office to drive transformation and gender inequality in sport.

“A key focus for the Deputy Minister has been addressing gender inequality in sport, particularly ensuring equal pay and resource allocation for female athletes,” the Ministry of Sport, Arts and Culture said on Thursday.

Mabe revealed her plans during a media briefing held in Johannesburg with Sport, Arts and Culture Minister Gayton McKenzie to provide a report to the nation on their first 100 days in office following their swearing into office in the Government of National Unity (GNU) on 3 July 2024.

Mabe spoke extensively on her engagements and plans in the ministry, which include driving further transformation within the sporting community; her contributions to the Cricket South Africa Diversity, Equity and Inclusion Indaba; her attendance at the 2024 Paris Olympics and Paralympics, as well as her engagements with global ministers at the International Film Week in Moscow.

“The department is in the final stages of developing a comprehensive Women in Sport Policy Framework, which addresses multiple areas of gender disparity, including participation, leadership, governance and visibility.

"The Deputy Minister has also taken a hands-on approach to supporting women in boxing,” the Ministry said on Thursday.

The Department of Sport, Arts and Culture (DSAC) will soon launch numerous renovation projects for community sporting facilities across the country.  

These efforts aim to provide equal access to quality sports infrastructure, beginning with Limpopo province, where the Deputy Minister will be overseeing the handover of upgraded facilities in Moletji and Lephalale in late October 2024.

In the arts sector, Mabe is leading efforts to create an enabling environment for artists, particularly those in underserved communities.

“One of the key outcomes of her discussions was the recognition that civic and multipurpose community centres can be transformed into hubs for artistic expression and economic activity.

“By providing artists with these spaces, the department aims to directly contribute to job creation and economic opportunities within the creative sector.

“The Deputy Minister further touched on the department’s strategic realignment to now embrace public-private partnerships to revitalise critical programmes within the Department and create opportunities for greater participation in sport, arts and culture,” the Ministry said.

A prime example of this was her visit to the Enos Mafokate Equestrian Sport Centre in Soweto, where the Ministry has explored possible upgrades and partnerships to improve the facility.

Mabe has further supported several important initiatives that honour South Africa’s living legends and promote its rich cultural heritage. - SAnews.gov.za

nosihle
Fri, 10/18/2024 - 11:13

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McKenzie reflects on 100 days in office

Location: News

McKenzie reflects on 100 days in office

Sport, Arts and Culture Minister Gayton McKenzie has reflected on his first 100 days in office as being characterised by "putting out fires" and ensuring that the sector has access to opportunities.

These opportunities include a new agreement to fund the film sector, as well as ensuring that every child, regardless of their background, has the opportunity to thrive in sport and the arts.

“One key observation of the first 100 days in government is that the ministry has had to respond to several crises and last-minute challenges. One example was the need to rescue the National School of Arts, which was facing closure due to overwhelming financial pressures.

“In August 2024, the Ministry also became aware of a crisis in South Africa’s imminent hosting of the U18 African basketball championships, known as the International Basketball Federation (FIBA) U18 Afrobasket.

“To safeguard South Africa’s international reputation as a credible host country, the Department of Sport, Arts and Culture (DSAC) took over the handling of the event with less than two weeks to go, which ultimately saved the tournament,” the ministry said on Thursday in Johannesburg.

READ | Minister McKenzie steps in to assist National School of the Arts

McKenzie and Deputy Minister Peace Mabe provided a full feedback report to the nation on their first 100 days in office following their swearing into office in the Government of National Unity (GNU) on 3 July 2024.

The Minister’s wide-ranging portfolio encompasses sport, arts, culture, heritage, recreation, social cohesion and nation building, the custodianship of archives and more.

“At the end of August, South Africa’s attendance at the World Athletics U20 Championships in Peru was also about to fail. The ministry had to step in at the last minute to ensure the young athletes were able to fly to South America. The athletes received their flights to Peru, with mere hours to spare.

“The South African team then delivered an outstanding all-round performance, finishing sixth in the overall medal standings, with a total of seven medals: three gold, two silver, and two bronze. Rising star Bayanda Walaza was confirmed as the fastest teenager in the world,” the ministry said.

READ | Acting President Mashatile congratulates South African sports stars

Access to opportunities

McKenzie has signed a ground-breaking Memorandum of Understanding (MoU) with Basic Education Minister Siviwe Gwarube.

“The new MoU aims to progressively transform access to both sports and cultural programmes in schools, ensuring that every child, regardless of their background, has the opportunity to thrive in sport and the arts.

“This MoU marked a milestone in the GNU’s vision to deliver equality of access for all young people, particularly those in rural, township, and underprivileged areas,” the ministry said.

READ | Partnership to transform access to sports programmes in schools

Furthermore, the Cultural and Creative Industries Bosberaad took place on 29 - 30 August and was attended by 72 sector and sub-sector organisations, with a total of more than 200 participants in attendance.

“The Bosberaad was a follow-up to bilateral meetings that the ministry had earlier set up with individual organisations and key industry players across different domains and disciplines.

“It assisted in reimagining a new sector ecosystem, where representative sector and sub-sector organisations can enjoy direct recognition and support from government.

“This reconfiguration has enabled the department to come up with a new funding model, which will be rolled out in the new financial year, built on principles of inclusivity, broad-based recognition and equitable distribution of available resources for sector-organisation support – as opposed to just funding a few, selected organisations,” the ministry said.

The ministry also provided new musical instruments and infrastructure to the Mitchell’s Plain Music Academy and the Isivivana Centre in Khayelitsha, which received audiovisual equipment and support.

“The ongoing process of formalising the uniquely South African motorsport of spinning is continuing apace, with the ministry being part of the announcement of two major new sponsors for the sport, Cell C and Kappa, with more support for the sport now flowing in from the private sector,” the ministry said. - SAnews.gov.za

nosihle
Fri, 10/18/2024 - 09:45

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Move towards electronic vehicles a ‘major industrialisation opportunity’

Location: News

Move towards electronic vehicles a 'major industrialisation opportunity'

President Cyril Ramaphosa says the global move from Internal Combustion Engines towards Electronic Vehicles (EVs) presents a major opportunity for South African industrialisation.

The President was speaking during the South African Auto Week held at the Cape Town International Convention Centre in the Western Cape on Thursday.

“As many of our major trading partners rapidly shift towards EVs, it is imperative that we remain part of this global supply chain. This is a major industrialisation opportunity for South Africa and the region, particularly within the context of the African Continental Free Trade Area.

“This will position South Africa as a forward-thinking, green economy. It will advance our aspirations to be a global automotive hub,” President Ramaphosa said.

He acknowledged that decarbonisation presents a challenge to the automotive sector, but assured that government is committed to working closely with the sector.

“The transition towards cleaner and more sustainable fuels – together with stringent regulations in key markets – puts a number of automotive firms and sub-industries in a vulnerable position. Even as the journey to net zero poses a challenge for the auto industry, there is at the same time immense opportunity. 

“The local automotive sector needs to position itself to take advantage of the demand for electric vehicles, new energy vehicles and sustainable fuels. The transition to cleaner, more sustainable practices in the automotive industry is a priority for our government. The automotive industry has a critical role to play in achieving South Africa’s climate targets.

“We are committed to working hand-in-hand with the private sector to promote the production of New Energy Vehicles [NEV] and the development of the necessary infrastructure to support them,” he said.

READ | President Ramaphosa to address SA Automotive Week

Furthermore, President Ramaphosa revealed that the Department of Trade, Industry and Competition, National Treasury and the Department of Mineral and Petroleum Resources are in discussion on the implementation of the Electric Vehicle White Paper.

“This work includes the beneficiation of our critical minerals for the production of new energy vehicles and their associated value chains. It also includes the production of batteries for battery electric vehicles and the development of value chains in the green hydrogen fuel cell market.

“We are working to finalise comprehensive NEV policy guidelines that do not exclude alternative technologies such as hybrids and plug-in hybrids. Consideration must be given to incentives for manufacturers as well as tax rebates or subsidies for consumers to accelerate the uptake of electric vehicles.

“This is not just about creating a greener future but also about ensuring South Africa remains competitive in the global market.”

Removing barriers

The President emphasised that government, through reforms in energy, logistics and other sectors, is working to remove the barriers that affect the sector.

“As government, we remain firmly committed to the work already underway to improve the operational performance of our energy, freight and logistics sectors – all of which directly impacts the automotive industry.

“Transnet continues with its work to revitalise the Port of Durban. It is also proceeding with the upgrade of the Gauteng-Eastern Cape railway line as part of Project Ukuvuselela,” he said.

The President told the delegates that the Government of National Unity looks forward to “deepening our collaboration as government, industry and labour” to achieve the objectives of inclusive growth and job creation.

“There may be headwinds. But in challenges lie opportunities. It is up to us to harness these opportunities to grow, to expand and to transform,” President Ramaphosa said. – SAnews.gov.za

 

NeoB
Thu, 10/17/2024 - 11:30

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Read moreMove towards electronic vehicles a ‘major industrialisation opportunity’

Public warned against swimming in water canals

Location: News

Public warned against swimming in water canals

The Department of Water and Sanitation and the Vaalharts Water User Association (WUA) have warned communities living near water canals against swimming or conducting any recreational activities in these bodies of water, as this poses a high risk of drowning.

This follows the drowning of a 13-year-old boy from Bonita Park, an informal settlement located along the Vaalharts Main Canal, in the small town of Hartswater within the Phokwane Local Municipality in the Northern Cape on Tuesday.

It is reported that the 13-year-old child disappeared under water while swimming in the canal around 4pm.

The department said the South African Police Service (SAPS) divers are on site since the incident, in an effort to retrieve the body.

The department and the Vaalharts WUA, which manages the canal, has also been engaging with the local municipality, including the parents of the child and community members, as police work around the clock to retrieve the body.

“The Vaalharts WUA have also opened all head sluices in its weirs along the canal to prevent the child from getting stuck. The canal is running at full capacity, as the WUA had undertaken maintenance over the past weekend on dams in the Taung area,” the department said.

According to the department, the water is currently running at 1.3 metres per second in speed, and volume can go up to 100 000 cubic metres per hour.

“This means the water levels cannot be dropped at this time to ensure that dams with low levels recover, and the municipalities and irrigators continue to have access to water. As soon as it is possible to lower the water without the risk of putting lives in danger due to no access to water, it will be effected,” the department explained.

The Vaalharts Main Canal stretches about 140 kilometres from the Vaal River at Warrenton in the Northern Cape, passing through the towns of Jan Kempdorp, Hartswater, Magogong, Taung and ends at the Pudimoe Water Treatment Works in Pudimoe, which ultimately treats and transfers potable water to Vryburg in the North West.

The canal is part of the Vaalharts Water Scheme, which has about 1 200 kilometres of canals managed by the WUA, of which the Vaalharts Main Canal is the longest and largest.

The department said drowning incidents are likely around canals and other water bodies during the summer season when temperatures are high and members of the community seek to cool off.

The department appealed to community members to desist from swimming or fishing in canals as it is dangerous.

“We urge parents and communities to keep children away from running water, as it poses endangerment to their lives.”

The department added that ‘No Swimming’ signs have been placed along the canal to caution the public on the dangers of swimming in canals, and regularly conduct public education and community awareness campaigns on dam and canal safety.

Awareness campaigns are also conducted for school kids, teachers and parents, as well as interactions with the municipality.

“The WUA also provides training to volunteers in communities around such infrastructure to be lifesavers and provide them with the necessary life saving equipment to enable them to assist members of the community, who find themselves in life threatening situations around water bodies,” the department said.

Meanwhile, Water and Sanitation Deputy Minister, Sello Seithlolo, is expected to visit the area on Saturday to assess the situation. – SAnews.gov.za

GabiK
Thu, 10/17/2024 - 15:12

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Read morePublic warned against swimming in water canals

Vantage Capital Concludes a €66M Deal With Camusat

Location: Business
Vantage Capital Group

Vantage Capital (www.VantageCapital.co), Africa's largest mezzanine fund manager, announced today that it had closed a €66 million mezzanine investment in Camusat Holding S.A.S, the proceeds of which will be used to refinance debt and fund the capital expenditure required for expansion of the group's AktivCo division. Vantage Capital's investment is part of a global financing package of €81m provided in consortium with Eurazeo, a leading European investment group. 

Camusat is a leading telecommunications player managing fully integrated and sustainable business models for the deployment and management of telecom infrastructure whilst championing the decarbonization of mobile network operators (MNOs). Partnering with major investment funds that support green investments, Camusat is pursuing its ambition to become the leading “Infra as a Service”  partner for the mobile telecom industry, with a broad presence in emerging markets, especially in Africa. The group operates across twenty countries (including fifteen on the African continent) and through two synergistic divisions, AktivCo and OpCo: 

  • AktivCo is the Infrastructure as a Service business structuring and financing complex transactions under long-term contracts to transform the telecom infrastructure by applying sustainable business models. With a strong focus on low carbon footprint solutions and digitalization of operations, AktivCo accelerates the expansion and modernization of MNOs' infrastructure and reshapes the telecom world for cleaner communications; and  
  • OpCo is a telecom service partner that combines technical expertise with operational excellence to design, build, and manage  telecom infrastructure. 

Since inception, Camusat has been capitalizing on the rapid expansion of the telecom industry, but most importantly the ever-growing need of MNOs to outsource non-core operations to specialized service providers. This trend is observed worldwide but is more prevalent in emerging markets, especially Africa. As network coverage remains relatively low, MNOs are being pushed by regulators to ramp up their infrastructure investment especially to increase coverage in rural areas, where most of the population lives. MNOs therefore need to contract with service providers like Camusat to support the rapid and viable roll-out and management of their tower infrastructure. 

In this context, Camusat has established itself as the key strategic partner for telecom operators such as Orange, Moov Africa (Maroc Telecom group), MTN, Vodafone, Airtel and others. The group's comprehensive offering drives long-term performance for mobile networks and inclusive connectivity, digitalization and sustainable access to technology, making it a one-stop-shop for MNOs. Its multi-decade experience and track record attest to the quality of its performance. 

Mr. Richard Thomas, CEO of Camusat, commented, “we are very pleased to have concluded the transaction with Vantage Capital. This financial and strategic partnership comes at a time when we are further expanding our presence in Africa, and we are confident that Vantage Capital's extensive network and expertise on the continent will be a great support in achieving our objectives.” 

Mr. Luc Albinski, Executive Chairman at Vantage Capital, added, “we are proud to partner with such a leading and dynamic group as Camusat. Throughout the process, we have been impressed by management's deep knowledge of the telecom industry, but also their firm commitment to help increase connectivity in parts of Africa where network coverage remains underdeveloped.” 

Mr. Thibaut de Rodellec, Deputy CEO of Camusat, said, “we were convinced from our very first discussions that Vantage Capital and Camusat would be a great fit. We always look beyond the financial aspect when forming new partnerships, and we were glad to discover that our firms share common ethics, vision and dedication. We will ensure this partnership is a success for all stakeholders.” 

Mr. Driss Benabdeslam, Partner at Vantage Capital, concluded, “by investing in Camusat, we are backing a group that is engaged in a vital and buoyant industry and constantly strives for operational and corporate excellence. Camusat has incorporated best-in-class ESG practices and implemented various CSR measures directed at supporting local communities and minimizing greenhouse gas emissions from the telecom sector. We are thrilled to support the group in creating more value and generating an even greater positive social impact over the years to come.”  

This transaction represents Vantage Capital's 39th investment across four generations of funds with its portfolio of investments spread across eleven African countries.   

Vantage Capital was advised by Clifford Chance (in Morocco) who acted as its legal counsel. KPMG (in France) and Webber Wentzel (in South Africa) provided tax advice, KPMG (in France) was the financial advisor, Emerton (in France) provided commercial advice, and Ibis Consulting (in France) reviewed the environmental impact. 

Camusat was advised by Goodwin Procter (in France) who acted as their legal counsel and Marlborough Partners (in France) who acted as financial advisor. 

Distributed by APO Group on behalf of Vantage Capital Group.

For more information contact: 
Luc Albinski
Executive Chairman 
luc@vantagecapital.co.za  
Driss Benabdeslam 
Partner
driss@vantagemezzanine.com  

About Vantage Capital: 
Founded in 2001, Vantage Capital is an Africa-focused fund manager that has raised funds of over $1.6 billion. 

Since 2006, Vantage Capital's Mezzanine division has made 39 investments across four successive funds into 11 African countries, making it the largest and most experienced independent mezzanine funder on the continent. In addition, Vantage Capital's GreenX division has made 15 senior debt investments into South African solar and wind energy projects across three funds. Vantage Capital launched Vantage Best in Class in 2022 to provide long-term financial and strategic support to education businesses operating in Europe, the Middle East and Africa. As a first step, Vantage Best in Class has partnered with Maple Bear Global Schools, the largest and fastest growing franchise of K-12 bilingual schools in the world in a €100 million investment programme for the Central & Eastern European region. 

Vantage Capital targets mezzanine debt opportunities of $10-50m across more than a dozen key African markets. 

Mezzanine debt is an intermediate form of risk capital, which is situated between senior debt, the least risky tranche of the capital structure, and equity, the riskiest tranche of the capital structure. It combines elements of both debt and equity thereby providing companies with long-term funding on terms which are less dilutive to shareholders than pure equity. 

Website: www.VantageCapital.co.za  

About Camusat:  
Headquartered in Paris, Camusat is a global group operating in the telecommunications industry across Africa, Europe, the Middle East, and Latin America.  

Over almost five decades of existence, it has established itself as leading player and a key partner for telecom operators, thanks to a comprehensive offering and best-in-class capabilities. With the launch of its AktivCo division in 2017, the group pioneered the ESCO (Energy as a Service) and TWESCO (Tower & Energy as a Service) models in Africa, enabling clients to achieve significant cost-savings and streamline their cash outflows, while ensuring a positive environmental impact with the use of renewable energies, low environmental solutions and smart technologies to support the deployment, extension and management of telecom infrastructure. The group has been able to secure infrastructure debt funding from major development finance institutions, including FEI (Facility for Energy Inclusion), Africa Go Green Fund, Proparco, and Norfund. 

Camusat employs more than 2,000 people and is guided by a highly dedicated and experienced management team with deep industry expertise and firm commitment to financial, operational, and environmental excellence.  

Since 2016, the group has been majority-owned by Equistone, a leading mid-cap private equity fund in Europe with 12 billion euros of assets under management since inception. Camusat's management owns the remaining share capital. 

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Empowering Africa’s Energy Future With Advanced Power Solutions

Location: Business
HIMOINSA

HIMOINSA (www.HIMOINSA.com), a leader in power technology solutions and part of the Yanmar Group, is proud to announce the launch of its latest innovation: the HGY Series. This new engine line, with a capacity range from 1250kVA to 3500kVA (with future plans to reach 4000kVA), has the potential to significantly help address Africa's growing energy needs, particularly in key sectors critical to the continent's economic development, such as healthcare, mining, oil and gas, and tech hubs like data centers.

Download document: https://apo-opa.co/3NyfcCw

With the HGY Series, HIMOINSA enters the high-capacity engine segment, providing tailored solutions that meet the needs of Africa's mission-critical sectors where reliable and efficient power generation is vital. The company's focus on Africa reflects its strategic commitment to supporting the continent's rapid industrialization and infrastructure expansion.

Delivering Reliable Power Where It Matters Most

Africa is home to some of the world's fastest-growing economies, yet power generation remains a critical challenge in several key regions. HIMOINSA's HGY Series engines are engineered to deliver robust and sustainable solutions, particularly in areas with unstable national grids, helping to mitigate downtime, load-shedding and other challenges. By offering flexible fuel options, currently capable of operating with a range of diesel types and HVO (hydrotreated vegetable oil), with future plans to support natural gas and hydrogen, the HGY Series ensures that businesses and communities across Africa have access to low-emission, efficient, and reliable power, regardless of local grid conditions.

Guillermo Elum, HIMOINSA's EMEA Region Head, highlighted the company's dedication to the African market: “Africa is a key growth region for HIMOINSA, and our approach goes beyond merely selling products; we are committed to building local capacity. Our training programs in Angola, South Africa, Morocco, Togo and soon, in Tanzania, ensure that African technicians and engineers are fully equipped to manage and maintain our technology, creating skilled jobs and developing expertise across the continent.”

Boosting Africa's Economic Growth

The launch of the HGY Series is part of HIMOINSA's broader investment strategy to support Africa's economic development. The company's Spanish production facilities, including a new factory in Murcia with a capacity of 1,000 units currently under construction, are set to help supply the African market, ensuring fast delivery and minimal logistical challenges, so businesses can rely on timely support and services. Additionally, its focus on training and local partnerships enhances the technical skills of local communities, empowering them to manage critical power infrastructure and stimulating economic growth.

Francisco Gracia, CEO of HIMOINSA, stressed the significance of the HGY Series for Africa: “We see enormous potential in Africa's industrial and digital sectors, and the HGY Series is a powerful tool for realizing that potential. From supporting vital healthcare facilities to powering new data centers that drive digital transformation; to providing continuous power for mining projects, our solutions are designed to make a tangible impact in Africa's growth story. This launch is more than just a product introduction; it is our commitment to being a partner in Africa's progress.”

Dedicated to Sustainability in Africa

The HGY Series engines are not just about power—they are about powering Africa sustainably. Designed to work seamlessly with micro-grids and renewable energy sources, these engines offer a viable solution for rural and urban areas seeking to integrate intermittent solar and wind power into their energy mix. HIMOINSA's generators support Africa's energy transition, aligning with the continent's growing focus on renewable energy and reduced carbon emissions.

The company's presence in Africa through divisions in Angola, South Africa, Morocco, Togo, and Tanzania enables it to deliver localized support in the continent's most widely spoken languages. This commitment to on-the-ground engagement ensures that African clients receive comprehensive training and support, helping businesses reduce operational costs and improve efficiency.

Driving Innovation Across Africa's Most Critical Sectors

HIMOINSA's new HGY Series is ideally suited for sectors that drive Africa's economic growth. Data centers, which are rapidly expanding due to the rise of digital services and AI, can now benefit from high-capacity, low-emission solutions designed to minimize downtime and optimize performance. Healthcare facilities, often located in remote or underserved areas, will gain access to dependable power solutions essential for life-saving equipment. Mining operations and oil and gas fields can also leverage the versatility and efficiency of the HGY engines to operate in demanding environments, ensuring continuity even when the grid fails.

https://HGY-Series.HIMOINSA.com/

Distributed by APO Group on behalf of HIMOINSA.

About HIMOINSA: 
Founded in 1982, HIMOINSA is a global leader in the design and manufacture of power generation solutions. With a wide range of products including generator sets, lighting towers, and energy storage systems, the company has a track record of delivering reliable, efficient, and innovative power solutions. As part of the Yanmar Group, HIMOINSA combines decades of expertise with cutting-edge technology to meet the evolving energy needs of customers worldwide.

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African Development Bank Appoints Dr Kennedy Mbekeani as Director General for East Africa

Location: News
African Development Bank Group (AfDB)

The African Development Bank Group (www.AfDB.org) has appointed Dr Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya, effective from 16 October 2024.

Mbekeani, a citizen of Malawi has over 25 years of senior experience in development finance, project management, policy advisory services, and knowledge generation at national and regional levels.

Prior to this appointment, he served as deputy director general for the Bank's Southern Africa Regional Development, Integration and Business Delivery Office. In this  role  he led the Bank's business development and delivery for sovereign and non-sovereign investments, and provided advisory services to South Africa, Lesotho, Botswana, Eswatini, Namibia and Mauritius. His efforts contributed to the Bank's reputation as a trusted partner for high impact development projects in the region. He also managed relationships with governments and the private sector.

Mbekeani joined the Bank in 2009 as Chief Trade and Regional Integration Officer. Subsequently he has held various roles including lead regional economist, officer in charge and acting regional director respectively of the Bank's South African Resource Centre. While serving as country manager for Uganda, he successfully expanded the Bank's portfolio to over $2 billion.

Before joining the Bank, Mbekeani worked for  the United Nations Development Programme as a trade, debt and globalisation advisor for East and Southern Africa. He also served as senior research fellow at the Botswana Institute for Development Policy Analysis, and senior economist at the National Institute for Economic Policy in South Africa.

He holds a Bachelor of Social Science (Economics and Statistics) degree from the University of Malawi, an MPhil in Monetary Economics from the University of Glasgow, and both an MA and PhD in International Economics from the University of California. He has authored numerous publications focusing on trade, regional integration, and infrastructure development in Africa.

Commenting on his appointment, Mbekeani said: “I am grateful and feel honoured by the confidence President Adesina placed in me through this appointment, as Director General for the East Africa Regional Development, Integration and Business Delivery Office and country manager for Kenya. I look forward to working with the president, the Board of Directors, senior management, our teams and stakeholders to enhance the Bank's operational efficiency, effectiveness and drive impactful developmental outcomes across the region.”

President of the African Development Bank Group and Chairman of the Board of Directors Dr Akinwumi Adesina said: “I am delighted to appoint Dr. Kennedy Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country manager for Kenya. Kennedy brings extensive experience in managing operations, policy dialogue, coupled with astute diplomacy and well-tested ability to work effectively with countries and development partners. His knowledge of the Eastern Africa region and well-proven experience in delivering robust operations for the public and private sectors will strongly benefit the work and operations of the African Development Bank Group in East Africa and all countries in the region.”

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

Media Contact:
Olufemi Terry
Communication and External Relations
media@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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Mpumalanga municipalities called to address pollution of water sources

Location: News

Mpumalanga municipalities called to address pollution of water sources

Water and Sanitation Deputy Minister, Sello Seitlholo, has called for immediate intervention to address the poor state of wastewater infrastructure, water quality and pollution of water sources in some parts of Mpumalanga.

Seitlholo made the call during an oversight visit to Msukaligwa and Lekwa Local Municipalities, where he inspected the Ermelo Wastewater Treatment Works, De Vereeniging Farm and the Vaal River in Ermelo and Standerton, respectively.

The inspection took place on Tuesday and was supported by the Gert Sibande District Municipality Mayor, Walter Mngomezulu, and Msukaligwa Local Municipality Mayor, Precious Nkosi.

The Deputy Minister expressed his dissatisfaction with the local municipalities’ sense of urgency in addressing the challenges relating to wastewater management. 

“I do understand that there could be financial constraints impeding some of the work that should be done. But I sense that people are moving at a snail’s pace to address challenges that impact on the provision of good quality water as well as the pollution of our water sources. 

“South Africa is a water-scarce country and for this reason, we need to act fast to ensure that we address matters relating to water infrastructure, and this also includes wastewater infrastructure management,” Seitlholo said. 

Seitlholo noted that part of his delegated responsibility in the Ministry of Water and Sanitation is to contribute to finding solutions to the challenges that have an impact on water quality in several water sources across the country.

“It is for this reason that we recently launched the Vaal River Anti-Pollution Forum to ensure that we bring the quality of raw water in the Vaal River System back to acceptable standards for abstraction purposes. I am championing the forum and believe me, we will not hesitate to hold accountable those who continue to release raw sewage into our water sources,” Seitlholo warned. 

He said the department was engaging municipalities to get their corrective action plans and ensure a speedy implementation. 

The Deputy Minister said the department would continue to open criminal cases against the municipalities if they fail to implement the corrective measures needed. 

“It is our duty, and in the interest of South Africans, we have to make sure that our water resources are of good quality as far as pollution is concerned. Through the cases, we will also enforce compliance of the corrective action plans,” he said. 

Seitlholo also called on residents to practice active citizenry by taking an active stand against the pollution of water sources. 

“All of us have a role to play to safeguard our precious water resources. Residents should also stop dumping foreign objects into rivers, it is unacceptable and irresponsible.

“South Africans must heed the call and sound the alarm on water pollution. Our water resources, particularly our raw water in the Vaal River system, is deeply polluted and we all need to take corrective measures to improve the state of our raw water source,” the Deputy Minister said. – SAnews.gov.za

 

GabiK
Wed, 10/16/2024 - 14:01

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Confirmed Speakers for the 3rd International African Energy, Oil, and Gas Summit 2024

Location: News
African Peace Magazine

African Peace Magazine UK (https://AfricanPeace.org/) is honoured to announce the distinguished line-up of speakers for the 3rd International African Energy, Oil, and Gas Summit, set to take place from October 23rd to 25th, 2024, at Hilton, Windhoek, Rev. Michael Scott Street, Windhoek, Namibia. This summit brings together some of the most influential leaders, industry experts, and change-makers in the energy sector across Africa. These individuals have significantly shaped their respective industries and will contribute profound insights into Africa's energy future. The Charity Golf Tournament and other Tour activities would commence from the 26th to the 30th of October 2024. The Speakers are;

  • Hon. Justice Suleiman Galadima (JSC, OFR, CFR, Rtd) – Chairman of the Board, African Peace Magazine UK

Hon. Justice Galadima is a revered figure in Nigeria's legal community, having served as a Justice of the Supreme Court of Nigeria. He is known for his unwavering commitment to justice and governance in Africa. As Chairman of African Peace Magazine, Justice Galadima plays a critical role in fostering dialogue around peace, security, and development across the continent.

  • HRH Sir David Serena-Dokubo Spiff – Ada IX, Paramount Ruler of Spiff Town, Bayelsa State

HRH Sir David Serena-Dokubo Spiff is a prominent traditional leader from Bayelsa State, Nigeria. His deep commitment to the socio-economic advancement of his people and his influence on the region's energy and resource management make him a vital voice at the summit. He actively advocates for responsible management of natural resources in his community.

  • Dr. Martha Namundjebo-Tilahun – Chairperson, United Africa Group, Namibia

Dr. Martha Namundjebo-Tilahun is a powerful figure in Namibia's business sector and beyond. As the Chairperson of United Africa Group, she has been a driving force behind several large-scale projects in hospitality, real estate, and renewable energy. Her leadership in advancing Africa's energy landscape and sustainable development strategies is exemplary.

  • Abiola Metilelu – CEO, PressPayNG

Abiola Metilelu leads PressPayNG, a groundbreaking fintech company that offers education financing solutions. Under his leadership, PressPayNG is bridging the financial gap for students across Nigeria, directly impacting the education and energy sectors by creating a more skilled workforce for the future.

  • Dr. Udochu Ogbonnaya – Executive Director, Green Energy International Ltd (GEIL)

A visionary in Nigeria's oil and gas industry, Dr. Udochu Ogbonnaya is shaping the future of sustainable energy in Africa. As the Executive Director of GEIL, he drives innovation in the extraction and development of energy resources while maintaining a focus on environmental responsibility.

  • Mrs. Frieda Tunyoleni Amuela – Extractive Industry Law Expert

Mrs Amuela is a respected expert in the legal frameworks governing Africa's extractive industries. Her insights into compliance and legal challenges in oil and gas operations have made her a sought-after voice in regulatory discussions. Her work ensures that Africa's natural resources are managed with accountability and transparency.

  • Mr. Immanuel Mulunga – Former MD, National Petroleum Corporation of Namibia (NAMCOR)

Mr. Mulunga is a seasoned expert in Namibia's oil and gas industry, having held key leadership roles, including serving as Managing Director of NAMCOR. His deep understanding of petroleum resource management in Namibia and his strategic leadership have had lasting impacts on the country's energy landscape.

  • Engr. Chukwuemeka Woke – Director-General/CEO, National Oil Spill Detection and Response Agency (NOSDRA)

Engr. Woke leads NOSDRA, Nigeria's primary agency responsible for monitoring and responding to oil spills. His efforts in promoting environmental sustainability in the face of oil extraction activities have been instrumental in safeguarding Nigeria's ecological future.

  • Professor Geoffrey Shakwa – Founder & MD, Anti-Corruption Education Consultancy

Professor Shakwa is a staunch advocate for anti-corruption measures in Africa, having founded the Anti-Corruption Education Consultancy. His work aims to educate and promote transparency, which is critical for sustainable development in Africa's energy sectors.

  • Mr Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

Tassius Chigariro heads Old Mutual Namibia, a leading financial services company. His strategic expertise in investments and financial management has made Old Mutual a key player in supporting economic growth in Namibia and throughout Africa's energy sectors.

  • Dr. Joseph Tolorunse – Authority Secretary and Legal Adviser, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Dr. Tolorunse brings a wealth of knowledge in regulatory frameworks, ensuring Nigeria's midstream and downstream petroleum sectors operate within best practices and international standards. His work strengthens Nigeria's position as a key player in the global energy market.

  • Olusegun Ilori (Esq) – Executive Director, Green Energy International Ltd (GEIL)

A legal expert in energy law, Olusegun Ilori has been instrumental in shaping GEIL's business strategy, ensuring compliance with global energy regulations while advocating for sustainable practices.

  • Engr. Sunday Babalola – Executive Director, Green Energy International Ltd (GEIL)

Engr. Babalola's expertise in engineering and operations has been pivotal to GEIL's success in executing oil and gas projects with a focus on innovation and sustainability.

  • Alh. Auwalu Abdullahi Rano (OON) – Founder & CEO, A.A. Rano Nigeria

Alh. Rano is a prominent entrepreneur in Nigeria's oil and gas sector, with his company, A.A. Rano, being a leading player in petroleum marketing and distribution. His business acumen has significantly contributed to Nigeria's energy supply chain.

  • Prof. Anthony Adegbulugbe – CEO, Green Energy International Ltd (GEIL) & Former SA to the President of Energy

Prof. Adegbulugbe is a renowned energy expert with a wealth of experience in energy policy and management. As CEO of GEIL, he is at the forefront of pushing Africa towards a greener energy future.

  • Dr. Martin Harris – Senior Geosciences Researcher, University of Namibia

Martin Harris is a leading geoscientist in Namibia, focusing on energy resource exploration and development. His research and contributions have enhanced the understanding of Namibia's geological wealth.

  • HRM Makitu III – Kingdom of Kongo, Angola

As the traditional ruler of the Kingdom of Kongo, HRM Makitu III is a respected leader who advocates for the preservation and responsible use of natural resources within his kingdom, including energy resources that are key to Angola's economic development.

  • Engr. Wole Ogunsanya (FNSE) – Chairman/CEO, Geoplex Drillteq Limited

Engr. Ogunsanya leads Geoplex Drillteq, a company offering cutting-edge drilling solutions for Africa's oil and gas industry. His leadership in innovation has made Geoplex a leader in the sector, offering technological solutions that enhance efficiency. Engr. Wole Ogunsanya is the current Chairman of the Petroleum Technology Association of Nigeria. PETAN is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream. PETAN is the primary trade and advocacy association of the oil and natural gas industry in Nigeria, representing nearly 100 members involved in various aspects of petroleum.

  • Mr. Tarah N. Shaanika – CEO, Namibia Asset Management

Tarah Shaanika oversees Namibia Asset Management, a leading investment company in Namibia. His experience in financial management and investment has propelled the company into playing a crucial role in funding energy and infrastructure projects in Namibia.

  • Aggrey Ashaba – General Manager, Alliad, Uganda

Aggrey Ashaba is a business leader with deep expertise in the oil, gas, mining, and energy sectors. As General Manager of Alliad in Uganda, he plays a key role in driving the country's energy strategy, focusing on sustainable development.

  • Daniel Tuyoleni Williams – CEO, Mind Space Consults

Williams is a respected business consultant whose firm, Mind Space Consults, provides strategic insights and advisory services in energy and business development across Africa, helping companies navigate complex markets and regulatory environments.

  • Alh. Saleh Baba Rano

A key player in Nigeria's oil and gas sector, Alh. Saleh Baba Rano has been instrumental in the growth and development of the sector, bringing strategic insights and leadership to discussions around energy in Africa.

  • Abimbola Okoya – Founder, Basic Education Africa

Abimbola Okoya is a passionate advocate for education in Africa, founding Basic Education Africa to provide accessible learning opportunities to underserved communities. Her work directly impacts the future of Africa's workforce, particularly in the energy and technology sectors.

  • Professor Jude Osakwe – Faculty of Computing and Informatics, Namibia University of Science and Technology

Professor Jude Osakwe is a prominent academic and researcher with a focus on Data Governance, Data Analytics, ICT in Education, and ICT for Development (ICT4D). He holds various professional certifications in project management, big data analytics, business intelligence, and digital marketing. His extensive research work and involvement in international conferences make him a vital contributor to discussions on the integration of ICT into development strategies across Africa. Professor Osakwe's dedication to bridging the gap between theory and practical implementation of ICT solutions has positioned him as a respected figure in the academic and business sectors.

  • M. Jinot Razafimamonjy – Director of Hydrocarbons, Ministry of Energy and Hydrocarbons, Madagascar

M. Jinot Razafimamonjy serves as the Director of Hydrocarbons in Madagascar's Ministry of Energy and Hydrocarbons. His leadership in managing the country's hydrocarbon resources has been instrumental in driving economic growth and ensuring sustainable development in the energy sector. His participation at the summit will provide critical insights into Madagascar's approach to energy management and its vision for the future of its oil and gas industry.

  • S P Jika Ogbeche – Assistant Comptroller General (ACG), Air Nigeria Immigration Service (NIS)**

S P Jika Ogbeche holds a senior leadership role within the Nigeria Immigration Service, overseeing the Air Border Division. His extensive experience in managing Nigeria's air borders and contributing to national security efforts will bring a unique perspective to discussions on energy security and the role of governance in the sector.

  • Engr. Farouk Ahmed – Authority Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Engr. Farouk Ahmed is at the helm of Nigeria's NMDPRA, playing a critical role in regulating and ensuring the sustainable development of Nigeria's midstream and downstream petroleum sectors. His leadership has been instrumental in modernizing the regulatory framework, promoting investment, and ensuring energy security in one of Africa's most important energy markets.

  • Dr. Lloyd C. Williams – United States of America

Dr. Lloyd C. Williams is an esteemed expert in the fields of energy and sustainability, hailing from the United States. With a distinguished career marked by contributions to both the public and private sectors, Dr. Williams is dedicated to advancing clean energy initiatives and fostering innovation in oil and gas. His global perspective will add invaluable insights into the discussions at the summit.

  • Mr. Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

As the CEO of Old Mutual Namibia, Mr. Tassius Chigariro is a key figure in the financial services sector, driving initiatives that support sustainable investments in energy and infrastructure. His experience in leading one of Africa's most reputable financial institutions positions him as an influential voice in the intersection of energy finance and economic development.

  • Cydolian Raveloson – Acting Director General, Madagascar Hydrocarbons Office

Cydolian Raveloson is the Acting Director General of Madagascar's Hydrocarbons Office, where he plays a pivotal role in managing the country's energy resources. His efforts are focused on ensuring the efficient exploitation and management of Madagascar's oil and gas reserves, contributing to both the nation's economic growth and energy security.

These esteemed speakers join an already impressive lineup, including leading figures from government, academia, and the private sector, all dedicated to advancing Africa's energy future. Their participation is set to elevate the summit's discussions, fostering meaningful collaborations and forward-thinking strategies.

"The diverse group of speakers at the upcoming IAEOG Summit 2024 reflects our heartfelt commitment to inspiring discussions that lead to tangible outcomes. These industry leaders are passionate about finding ways to alleviate poverty, create job opportunities, and enhance our GDP. Together, we envision a transformative event that enlightens the public and fosters collaborative efforts, ultimately driving meaningful change for the betterment of our communities."- Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.)

Distributed by APO Group on behalf of African Peace Magazine.

For more details on the full list of speakers, agenda and for sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
Florek or Liana
Phone +264817617590
Phone: +264818331921
email: florekharris@africanoilandgassummit.com
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africanpeacemag@gmail.com

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International Affairs
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Revitalising SA’s national parks to world destinations

Location: News

Revitalising SA’s national parks to world destinations

The Department of Forestry, Fisheries and the Environment has undertaken a bold initiative designed to elevate the country’s parks to world-renowned tourism destinations.

This will be achieved through the new Kruger, Kirstenbosch-iSimangaliso Icon Status Strategy, or KISS, which is focused on reforming each of these iconic sites into world-class destinations that set new standards for conservation, education, and sustainable tourism.

“Throughout the seventh administration we will reimagine each of our botanical and zoological gardens of the future. It will involve integrating cutting-edge technologies, enhancing visitor experiences, and implementing innovative conservation practices.

“By modernising infrastructure and embracing digital innovations, we aim to transform these destinations into more accessible and engaging experiences for all visitors, both local and international,” Minister of Forestry, Fisheries and the Environment Dr Dion George said on Tuesday in Cape Town.

Addressing the media on his 100 days in office, the Minister said elevating these iconic sites will inspire a deeper appreciation for the country’s environment and reinforce South Africa's leadership in global conservation initiatives.

“However, the transformation of these sites will span beyond environmental stewardship and into economic development. The KISS initiative will aim to create new jobs in the green economy and provide opportunities in fields such as environmental science, sustainable tourism, and wildlife management.

“By investing in training and capacity-building programs, we will empower local communities and foster inclusive growth from the ground up. Moreover, as South Africa prepares to assume the G20 Presidency next year, we see a unique opportunity to showcase these world-class sites on the global stage,” the Minister explained.

He said his department plans to host key G20 meetings and international conferences at locations like Kirstenbosch and the Kruger National Park, which will position South Africa as a premier destination for future global dialogues on sustainability and conservation driven economic development.

Captive lion breeding

Following in the footsteps of his predecessor, the Minister said he has taken a clear and decisive stance against captive lion breeding.

“The process initiated by my predecessor will continue. The Fair Industry for Lions, Leopards, Elephants, and Rhinos initiative, known as the FILLER, is dedicated to ensuring a fair and sustainable future for our country’s most iconic wildlife.

“Our goal is to boost economic activity and create jobs in eco-tourism and conservation, all while safeguarding these magnificent creatures for generations to come,” the Minister said.

Small-scale fishers and coastal communities

Recognising the difficulties faced by small-scale fishers and coastal communities, the Minister has initiated a process to simplify the application for fishing licenses.

“By removing bureaucratic barriers and streamlining procedures, we aim to make it easier for local fishers to obtain the necessary permits to operate legally and sustainably. This will empower individuals and small enterprises, promote inclusivity in the fishing industry and ensure that economic opportunities are accessible to those who need them most.

“In addition to policy reforms, I have embarked on a comprehensive 12-harbour tour to engage directly with the communities that rely on our maritime resources. So far, I have conducted oversight visits at four of these harbours, where I have met with local fishers, community leaders, and stakeholders. These visits have provided invaluable insights into the everyday realities and opportunities within the sector.”

During these engagements, issues ranging from infrastructure needs and safety concerns to market access and training opportunities were discussed.

“Moreover, I am meeting with lawyers for conservationists and small-scale fishers on the litigation currently heading to court. I am certain we can reach a settlement that will ensure the future of our African penguin population in the wild,” the Minister said. 

He was reflecting on the milestones of the work that has been done since his appointment by President Cyril Ramaphosa to lead the department.

The President appointed George and Deputy Ministers, Bernice Swarts and Narend Singh, on 03 July 2024 to lead the department under the Government of National Unity (GNU).

In the short to medium term, the department will prioritise climate change and energy; fisheries, particularly small-scale fisheries, and aquaculture; wildlife and biodiversity; and conservation efforts and environmental protection initiatives. - SAnews.gov.za
 

nosihle
Tue, 10/15/2024 - 12:43

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Read moreRevitalising SA’s national parks to world destinations

Minister announces project preparation bid window

Location: News

Minister announces project preparation bid window

A first of its kind project preparation bid window that will allow state owned entities, public entities and municipalities to apply for project preparation support has been announced.

Public Works and Infrastructure Minister, Dean Macpherson and Acting Head of Infrastructure South Africa (ISA), Mameetse Masemola launched the project preparation bid window in Johannesburg on Tuesday.

“As we unveil the first-of-its-kind project preparation bid window, we are taking a decisive step towards achieving the economic growth and job creation that our country so desperately needs,” said the Minister.

The bid window invites submissions from national and provincial governments including state owned entities, public entities, municipalities and private sector projects to apply for project preparation support.

Macpherson said the initiative was a crucial step toward expanding infrastructure investment in the country adding that the announcement represents an important moment for South Africa and an evolution in the work that Infrastructure South Africa does.

“No longer are we talking about the pipeline of infrastructure projects, we are building.

“This initiative will enable us to move beyond the talking phase and focus on action—on laying the foundations for sustainable infrastructure that will support long-term development.

“It is not just about bricks, mortar, or steel. It is about creating a solid foundation for our economy to thrive, for our people to prosper, and for our nation to rise. 

“Infrastructure development touches every aspect of our lives, from the water we drink to the roads we drive on and it has the power to transform not only our economy but our society as a whole. The project preparation bid window we are unveiling today is therefore a game-changer.”

Macpherson said for far too long, one of the major barriers to infrastructure development in South Africa has been the lack of sufficient project preparation support.

“We are providing the tools necessary to ensure that infrastructure projects are shovel-ready, so they can be implemented efficiently and effectively,” he said.

Working together with ISA at the helm, government will see more cranes in the sky, more roads being built and more renewable energy projects coming online.

Masemola said one of the major contributing factors to under investment in infrastructure is the lack of sufficient project preparation support for infrastructure projects.

“To address these challenges and unlock the potential of infrastructure investments in South Africa, the National Treasury has granted ISA a project preparation fund to support project development to accelerate the pace and quality of infrastructure delivery,” she said.

Masemola said in future, ISA seeks to catalyze seed funding to blend with other project preparation facilities available to develop viable and bankable infrastructure projects.

The project preparation support is set to extensively expand the ability of construction projects to be implemented in South Africa. This as one of the major contributing factors to under-investment in infrastructure is the lack of sufficient project preparation support.

The new bid window builds on the 12 infrastructure initiatives President Cyril Ramaphosa previously announced at the Sustainable Infrastructure Development Symposium South Africa (SIDSSA) in March this year which already benefits from the first R179 million in project preparation funding allocated by the National Treasury to ISA to support catalytic projects that otherwise would not progress to implementation stage.

Applications

Applications for the next phase of project preparation bid window announced by the Minister today can made at ISA. 
Applications close on 06 December 2024 and is specifically for projects valued at more than R1 billion which have the potential to crowd in investment from alternative sources such as Multilateral Development Banks and Development Finance Institutions other than the national fiscus.

Successfully selected projects will receive comprehensive project preparation assistance including funding structuring support, technical support, legal support, institutional and governance arrangements, capacity deployment and regulatory compliance studies.

The following priority sectors will be considered for project preparation financing:

Energy
Water and Sanitation
Transport (major roads, airports, ports and freight transport)
Human Settlements (excluding student accommodation)
Social Infrastructure (Education & Health)
Municipal Infrastructure (focus will be on infrastructure projects that have potential to leverage private sector financing)
Industrial Development Zones & amp, Special Economic Zones (IDZs &amp, SEZs).

Guidelines for the project preparation bid window can be found on www.infrastructuresa.org. – SAnews.gov.za
 

 

Edwin
Tue, 10/15/2024 - 14:34

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Read moreMinister announces project preparation bid window

SA to announce measures to “turbocharge investment” into infrastructure projects

Location: News

SA to announce measures to "turbocharge investment” into infrastructure projects

Government will today announce the next steps Infrastructure SA will take to “turbocharge investment” into infrastructure projects in South Africa to grow the economy and create jobs. 

Public Works and Infrastructure Minister Dean Macpherson and Acting Head of Infrastructure South Africa (ISA), Mameetse Masemola will make the announcement in Johannesburg on Tuesday.

Research from international institutions such as the World Bank, McKinsey Global Institute, and the International Monetary Fund (IMF) shows that state efforts to increase infrastructure investment by 1% can contribute to economic growth of between 0.4% and 3%.

This is a goal the Minister is committed to achieve, the department said. 

The Minister will use the opportunity to unveil the innovatory approach Infrastructure SA is taking with regards to infrastructure investment, the current infrastructure investment pipeline in South Africa, and how the Minister plans to expand the role of Infrastructure SA to turn the country into a construction site. – SAnews.gov.za

 

Edwin
Tue, 10/15/2024 - 09:41

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President Ramaphosa to address SA Automotive Week

Location: News

President Ramaphosa to address SA Automotive Week

President Cyril Ramaphosa is expected to address the South Africa Automotive Week on Thursday.

The Minister of Trade, Industry and Competition Parks Tau, Minister of Transport Barbara Creecy, Minister of Electricity and Energy Dr Kgosientsho Ramokgopa and Minister of Minerals and Petroleum Resources Gwede Mantashe are expected to accompany the President.

“Government has played a pivotal role in fostering a favourable policy and regulatory environment that has supported growth, transformation, and innovation within the automotive industry.

“The South African Automotive Masterplan (SAAM 2035) sets the objective of growing South Africa’s vehicle production to 1% of global output and aims to increase the annual export value of the South African automotive industry from approximately R201 billion in 2019 to R400 billion by 2035.

“The effective functioning of the logistics and infrastructure sector is paramount to maintain competitiveness, as expenses associated with shipping and transportation play a vital role to determine the competitiveness of our exports,” the Presidency said in a statement on Tuesday.

The week is expected to be held under the theme “Reimagining the Future, Together: Celebrating 100-Years of Automotive Heritage, Passion, Resilience, and Ingenuity”.

“SA Auto Week is distinguished as Africa’s leading and pre-eminent annual automotive thought leadership event bringing together auto industry leaders; global OEMs; vehicle component manufacturers and suppliers; international investors; policy-makers; law-makers; decision-makers; regulatory bodies; and journalists across the entire automotive value chain,” said the Presidency.

The South African Automotive Week takes place at the Cape Town International Convention Centre (CTICC) in the Western Cape. – SAnews.gov.za
 

NeoB
Tue, 10/15/2024 - 09:03

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Read morePresident Ramaphosa to address SA Automotive Week

SANRAL invests R27.1 billion in road infrastructure

Location: News

SANRAL invests R27.1 billion in road infrastructure

The South African National Roads Agency SOC Limited (SANRAL) spent R4.1 billion on toll roads, while expenditure on non-toll roads came in at R23 billion in the 2023/24 financial year.

Of the R23 billion that was spent on non-toll roads, R12.3 billion went towards capital projects and R10.7 billion on maintenance.

“The significant investments in both toll and non-toll roads underscore our dedication to enhancing South Africa’s road infrastructure, ensuring safer, more efficient mobility for all,” SANRAL CEO, Reginald Demana, said on Friday. 

Looking at the financial performance, total assets stood at R772 billion, 17% up from the previous year, while both operating activities and investing activities increased by 23% and 7%, respectively.

Demana explained that many targets were not just achieved, but significantly exceeded. 

“On an engineering level, we set out to resurface 1 200km of our network but had in fact achieved 1 984km. This is significantly up from 687.9km in the previous year and speaks to a robust commitment to maintenance and management of our assets,” Demana said.

While engineering is a core focus, SANRAL far exceeded its target for work on transformation, job creation, road safety and capacity creation.

Against a target of 75%, SANRAL achieved 99.6% on Routine Road Maintenance (RRM) work performed by Black-owned small, medium and micro enterprises (SMMEs).

The total target for the number of SMMEs participating in SANRAL projects was 1 800. SANRAL achieved 2 249, significantly up from 1 928 the previous year.

SANRAL had set out to create 12 000 full-time equivalent (FTE) jobs but had achieved 12 652, also up from 11 366 the previous year. 

“Looking at the road ahead, SANRAL is on solid financial standing, with R87 billion allocated by National Treasury for the next three years. 

“Borrowing capacity has increased to R16.5 billion, allowing for larger-scale project funding. The acceleration of spending on projects is resulting in reduced cash balances through faster project execution,” the agency said.

Demana attributed the achievement to steady operational and strategic growth.

“We are a growing organisation with an increasing network size that currently stands at 24 384 km, plus an additional 3 350 km of roads under assessment for transfer from provincial authorities.

“It has been a challenging year on many fronts, but we have risen to those challenges, guided by our unwavering commitment to infrastructure development that fosters economic growth and drives transformation. 

“SANRAL’s role in creating opportunities, particularly for Black-owned enterprises, remains central to our mission. As we move forward, we will continue to ensure that our projects contribute meaningfully to job creation, community upliftment, and the economic empowerment of South Africans. 

"Our dedication to these developmental outcomes is steadfast, and we will use our investments to catalyse positive change for generations to come,” the CEO said. -SAnews.gov.za

nosihle
Mon, 10/14/2024 - 12:35

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Read moreSANRAL invests R27.1 billion in road infrastructure

Improved sentiment is rooted in real economic progress – President

Location: News

Improved sentiment is rooted in real economic progress - President

With just over 100 days since the members of the Government of National Unity were sworn into office, President Cyril Ramaphosa says the county has witnessed a marked increase in confidence in the direction of the country.

In his weekly newsletter, the President noted that South Africans across various sectors were increasingly supporting government’s efforts, which is reflected in recent opinion polls. 

One of the polls conducted by Ipsos revealed that the proportion of participants who believe the country is on the right track has doubled since the last surveys were conducted in April and June this year. 

“There is also rising confidence in our country’s economic growth prospects by business and local and international investors. This was evident in the engagements I recently had with business leaders in Beijing and New York, and that Deputy President Paul Mashatile had with business leaders in London,” the President said. 

In September, the Bureau of Economic Research and Rand Merchant Bank published its first Business Confidence Index since the formation of the new administration. It pointed to “cautious optimism” about improving business conditions in key economic sectors. It said improved electricity supply and political certainty following the elections had likely contributed to this improved business confidence.

“Sentiment is more than a ‘warm and fuzzy’ feeling. It is made possible by real developments in the economy and the country. Business confidence goes beyond discussion in boardrooms and conference halls. 

“It is about the interest that is shown in our economy by all investors, both local and offshore. Sentiment has a direct impact on people’s lives as it can manifest itself in increased investments that can result in job creation,” the President said.

President Ramaphosa stressed that this rising confidence would have a tangible impact on the country’s fiscal health. 

“Improved investment sentiment will benefit our country’s fiscus. A stronger economic outlook will improve South Africa’s credit rating, which in turn will facilitate greater access to global capital markets and lower our borrowing costs. 

“When we spend less money on debt servicing costs, government has more space to increase its expenditure on building public infrastructure and providing education, healthcare, basic services and social support,” the President said. 

President Ramaphosa noted that improved sentiment had strengthened the currency, lowering the cost of imports like oil, which in turn reduces fuel prices and the overall cost of living for South Africans.

“Increased business confidence attracts higher levels of private investment in the economy. When investors are more optimistic about their business prospects, they are more likely to invest more capital and expand their existing operations. Improved confidence also encourages the start-up of new businesses. 

“More business activity creates more jobs and opportunities for our people. As businesses grow, they need to hire more employees and are able to increase wages,” the President said. 

President Ramaphosa explained that when people feel secure in their jobs and income, they spend more, boosting economic activity and increasing government revenue. 

He attributed the improved sentiment to the successful transition to the new administration, which enjoyed broad support and ongoing reforms that were addressing key economic and social challenges.

Another key development has been the country’s successful efforts to resolve the energy crisis.

“The country has had more than 200 days without load shedding. This has made a considerable difference to the lives of citizens and the operations of businesses. This work has also unlocked unprecedented levels of investment in the energy sector,” President Ramaphosa said. 

Reforms in the logistics sector were also gaining momentum, with improvements in the operational performance of the nation’s port and rail networks. These advances are expected to boost not only economic activity but also the everyday lives of South Africans.

While President Ramaphosa acknowledged that economic growth has yet to accelerate, he expressed optimism that the government was laying a solid foundation for long-term progress. 

“It is still early days for the Government of National Unity. The growth of our economy is still to pick up pace. However, a firm foundation is being laid, our growth prospects are being revised upwards and we are heading in the right direction,” the President said. 

The President concluded by emphasising the importance of maintaining this momentum. 

“It is clear that the improved confidence of the South African people and the positive sentiment among investors are well-founded.

“Our task now is to work together to further encourage hope and optimism by making a real and substantial difference in the lives of all South Africans," he said. – SAnews.gov.za

 

DikelediM
Mon, 10/14/2024 - 11:29

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Read moreImproved sentiment is rooted in real economic progress – President