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EcoFlow Announces Winter Sale in South Africa

Location: Business
EcoFlow

EcoFlow (www.EcoFlow.com/za) is pleased to announce its Annual Winter Sale, running from 15th July to 19th August. This year's sale features exclusive promotions on top-tier products, specially curated for those looking to prepare for energy interruption and the rising energy cost for a warm and load-shedding-free winter season.

The sale includes a wide array of products ranging from the best-selling portable power stations to the newly launched Alternator Charger. These deals include but are not limited to –

  1. DELTA 2 + 220W Bifacial Portable Solar Panels (https://apo-opa.co/4cVKTjY)

This dynamic duo, priced at R19,999 with a 32% discount, is perfect for providing whole-home backup power during winter load-shedding. The DELTA 2's powerful capacity combined with the efficiency of the 220W bifacial solar panels makes for an unbeatable combination.

  1. RIVER 2 Max + 160W Bifacial Portable Solar Panel (https://apo-opa.co/3S6JChX)

For those seeking more versatile power solutions, this combo offers reliable performance and on-the-go power convenience. The RIVER 2 Max weighs only 6.1kg and is an ideal energy partner for users who fancy a winter outdoor escapade. The 160W Bifacial Portable Solar Panel ensures the RIVER 2 Max stays powered up and ready, wherever you are. This combo is available at R8,999 with a 40% discount during the winter sale.

  1. DELTA 2 Max + 800W Alternator Charger (https://apo-opa.co/3S5kgBf)

The newly launched 800W Alternator Charger is a 3-in-1 charger, jump starter and battery maintainer. With demand for accessible energy and off-grid comfort across the RV, overlanding and van life communities, there is a need for unrestricted access to electricity that isn't dependent on fixed power locations or gas generators. The charger offers an exceptionally convenient and effective solution. During the winter sale, consumers can purchase the DELTA 2 Max along with the 800W Alternator Charger and receive an additional 220W solar panel at no extra cost.

EcoFlow is committed to delivering simple, flexible and reliable eco-friendly energy solutions. In face of rising energy costs and increased energy needs during winter, the seasonal sale provides a wonderful opportunity for people to integrate solar energy systems into their daily energy consumption routine.

The EcoFlow Annual Winter Sale kicks off on 15th July and runs until 19th August. Visit the EcoFlow South Africa website store (https://apo-opa.co/4cWYR5a) for more unbeatable savings and product details. For more information, please visit: https://za.EcoFlow.com/

Distributed by APO Group on behalf of EcoFlow.

Media Contact:
Haochen Zhang
haochen.zhang@ecoflow.com

About EcoFlow:
EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 3 million users in over 100 markets worldwide. For more information, visit: https://www.EcoFlow.com/au

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“The Black Business Council (BBC) confers Game – Changer and Lifetime Awardss to deserving South Africans” according to Kganki Matabane, BBC CEO.

Location: MyPR

“The Black Business Council (BBC) confers Game – Changer and Lifetime Awards to deserving South Africans” according to Kganki Matabane, BBC CEO. The full list of awardees and reasons why they are recognised are listed below: Game – Changer Awards Mr Gregory Nott Greg is presented with a Game – Changer Award for his courageous …

Read more“The Black Business Council (BBC) confers Game – Changer and Lifetime Awardss to deserving South Africans” according to Kganki Matabane, BBC CEO.

African Development Bank expands urban support program to six new cities

Location: News
African Development Bank Group (AfDB)

The African Development Bank's (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.co/4exYmAh) has expanded its African Cities Program to cover six new cities across the continent. The expansion, approved by the Fund's 13th Oversight Committee, will help bolster urban development and address critical challenges faced by rapidly growing African cities.

The newly included cities are:

  • Kolwezi, the Democratic Republic of Congo: mining town grappling with rapid urban growth and environmental issues.
  • Grand Nokoué, Benin: an economic hub with over two million inhabitants.
  • Buffalo City, South Africa: a coastal city prioritizing climate resilience.
  • Joal, Senegal: A medium-sized city focusing on integrating environmental and social issues into economic development.
  • Juba, South Sudan: Prioritizing essential services for a growing, vulnerable population;
  • Nouakchott, Mauritania: Planning to combine projects on climate resilience, urban mobility, and sustainable energy.

The Bank launched the UMDF in 2019 in response to growing demand from countries and cities for urban development support. It receives contributions from the Nordic Development Fund and the governments of Denmark, Spain, and Switzerland, as well as the Walloon Export and Foreign Investment Agency.

The Fund provides financial and technical assistance to national and local governments for improving governance, planning, and to prepare investments in sustainable urban development for more climate resilient, resilient, liveable and productive cities, underpinning national socio-economic development and poverty reduction.

UMDF will provide funding for each of the six cities over several months, including a detailed analysis of the strengths and vulnerabilities, especially regarding economic, social, climate, and gender issues. The goal is to identify transformative infrastructure projects that can attract public and private sector investments.

The committee also reviewed the Fund's progress and approved its 2024 work program, allocating over $4.7 million to identify and develop urban infrastructure projects and bring them to maturity.

Mike Salawou, Director of the African Development Bank's Infrastructure and Urban Development Department, committed to strengthening the Fund's operational effectiveness and capacity to mobilize more funding and partnerships for greater impact.

“The question of urban development is at the heart of the Bank's new ten-year strategy for 2024-2033, of which the Urban and Municipal Development Fund is a strategic implementation mechanism,” he emphasized. The Bank ten-year strategy 2024-2025 (https://apo-opa.co/3L73NIF) includes data and research from publications (https://apo-opa.co/3XEbJbS) financed by the Fund and its partners.

It is hoped that the Fund will act as a catalyst in boosting access of African municipalities to public and private finance, a priority defined by the President of the African Development Bank Group, Akinwumi Adesina, at the Africa Investment Forum (www.AfricaInvestmentForum.com) 2023 Market Days in Morocco.

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

Media contact:
Communication and External Relations Department
media@afdb.org

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

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First National Basketball Association (NBA) Basketball School in Africa to Launch in Egypt

Location: Sport

National Basketball Association (NBA)
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NBA Africa (www.NBA.com) and New Era Education, a Cairo-based educational services and school management company that seeks to bring high-quality educational institutions to Egypt to provide Egyptian students with the best possible education opportunities, today announced a multiyear collaboration for New Era Education to launch and operate the first NBA Basketball School in Africa. 

Located at Uppingham School Cairo, an international school in New Giza, Egypt, NBA Basketball School will launch in January 2025 for Uppingham School youth ages 5-18. The year-round, tuition-based basketball development program will cover on-court training, skill development and basketball education for all skill levels.

“The launch of Africa's first NBA Basketball School is a significant milestone in our continued efforts to grow the game in Egypt and across the continent,” said Head of NBA Egypt Mohamed Abdel-motaleb Soliman. “This landmark initiative will provide Uppingham School Cairo students with the opportunity to learn the game the right way and progress their development under the guidance of NBA-selected coaches.”

“The collaboration with NBA Africa on the NBA Basketball School program underscores our dedication to providing youth with opportunities for growth and development, both on-and-off the court,” said New Era Education Board Chairman Dr. Tamer Tammam. “Through this initiative, our students and their families will access a world-class training program that fosters leadership skills and promotes overall personal growth.”

NBA Basketball School will build on the league's previous initiatives in Cairo, including the last three Basketball Africa League Nile Conference group phases, Jr. NBA clinics for local youth, the 18th edition of Basketball Without Borders Africa, the launch of the NBA Egypt office in January 2023, and more.

The NBA Basketball School curriculum, which is designed to develop players and provide parents, coaches and organizations with a better understanding of the process of improvement, was created by the NBA's International Basketball Operations department in consultation with current and former NBA coaches, players and player development specialists. Since 2017, NBA Basketball Schools have been launched in Australia, Brazil, China, the Dominican Republic, Greece, India, Italy, Japan, Kuwait, Lithuania, Mexico, Portugal, Spain, Switzerland, the United Arab Emirates (UAE) and Uruguay.

Distributed by APO Group on behalf of National Basketball Association (NBA).

Contact:
Chumani Bambani
NBA Africa Communications
cbambani@nba.com
+27 65 548 1031

About NBA Africa:
NBA Africa is an affiliate of the National Basketball Association (NBA), a global sports and media organization with the mission to inspire and connect people everywhere through the power of basketball.  NBA Africa conducts the league's business in Africa, including the Basketball Africa League (BAL), and has opened subsidiary offices in Cairo, Egypt; Dakar, Senegal; Johannesburg, South Africa; Lagos, Nigeria; and Nairobi, Kenya. The league's efforts on the continent have focused on increasing access to basketball and the NBA through youth and elite development, social responsibility, media distribution, corporate partnerships, NBA Africa Games, NBA Stores, the BAL, and more. 

NBA games and programming are available in all 54 African countries, and the NBA has hosted three sold-out exhibition games on the continent since 2015.  The BAL, a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa concluded its fourth season in June 2024. Fans can follow @ NBA_Africa and @ theBAL on Facebook, Instagram, X and YouTube.

Read moreFirst National Basketball Association (NBA) Basketball School in Africa to Launch in Egypt

Transnet appoints COO

Location: News

Transnet appoints COO

Transnet has appointed experienced and respected logistics manager, Lekau ‘Solly’ Letsoalo as Group Chief Operating Officer - effective from next month.

Letsoalo is a former Chief Operating Officer of Transnet Port Terminals and has spent at least 14 years in the private sector as managing director at Aveng Manufacturing and, more recently, as Chief Executive Officer of Cargo Carriers.

Transnet Group Chief Executive Michelle Phillips said: “It is great to welcome Letsoalo back to Transnet and to be able to draw on his global knowledge of the logistics industry at such an important time in our organisation’s history”.

The state utility added that Letsoalo’s global experience also stands him in good stead.

“Mr Letsoalo has extensive knowledge of Transnet’s business operations. While at TPT, he achieved significant milestones such as expanding the Pier 2 Container Terminal, constructing the Pier 1 terminal, building the Ngqura Container Terminal, and modernising the Cape Town Container Terminal.

“His global exposure, including learning experiences in the USA, UK, Belgium, Germany, Thailand, Hong Kong, and Japan, have further enriched his leadership capabilities,” Transnet said. – SAnews.gov.za

 

 

 

 

 

 

NeoB
Thu, 06/20/2024 - 13:49

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Erasmus names exciting Bok training squad

Location: News

South African Rugby
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Springbok coach Rassie Erasmus named an exciting squad of 35 players for the team's first official training camp of the season, which starts in Pretoria on Monday where the focus will be on the opening Test of the season against Wales on 22 June.

The Boks are in for a blockbuster 2024 season kicking off later this month against Wales in London. The squad includes 11 uncapped players and a cohort of players from the 2023 and 2019 Rugby World Cup-winning squads.

The uncapped players in the squad are Jordan Hendrikse (the brother of Jaden Hendrikse), Quan Horn, Edwill van der Merwe, Morne van den Berg (all Emirates Lions players), Phepsi Buthelezi, Siya Masuku, Ethan Hooker (from the Hollywoodbets Sharks), Ben-Jason Dixon, Sacha Feinberg-Mgomezulu, Neethling Fouche and Andre-Hugo Venter (DHL Stormers), who were outstanding in their respective competitions this season.

Players based in Europe, the UK and Ireland will not be considered for the Boks' first Test of the season against Wales at Twickenham. Players in contention from the Vodacom Bulls, who advanced to the semi-final of the Vodacom United Rugby Championship, were also not considered for this squad.

The squad includes 19 forwards and 16 backs. Rugby World Cup-winning flyhalf Handre Pollard and No 8 Jasper Wiese (who is serving a six-week ban) have been named in the group and will be allowed to train with their team-mates, but will only be available for selection after the Wales Test.

Erasmus included a local contingent from the newly crowned EPCR Challenge Cup champions, the Hollywoodbets Sharks, and the Emirates Lions – whose Vodacom URC seasons came to a halt at the conclusion of the pool stages last weekend – as well as the DHL Stormers, who were knocked out of the competition earlier this evening against the Glasgow Warriors. Players plying their trade in Japan were also named in the squad.

The only players in the group who did not participate in either of the Springbok alignment sessions in March and May respectively, as well as the virtual alignment camp hosted early in May, are Hooker and Van der Merwe.

“We selected a group of players featuring a good mix of youth and experience, and in terms of the young players especially, we believe they have the potential to make the step-up to top international rugby,” said Erasmus.

“We've been following all their performances closely, we had the luxury of presenting our plans to them and getting to know them as individuals off the field at the alignment camps, and we are pleased with the enthusiasm they showed and willingness to learn.

“With the players based in Europe, the UK and Ireland not available for Wales, we anticipate that there will be a few players making their Test debuts in that match, but even for those who do not make the cut, having them in camp and getting the chance to work closely with them on the field will set them and the team in good stead as we prepare for this season and start laying the foundation for the 2027 World Cup in Australia.”

Erasmus added: “We gained immense value by granting a few players a chance to prove what they can do at international level in the last few years leading up to the 2023 World Cup. Some of the players who made their Test debuts in that time were members of the squad that lifted the trophy in Paris, and we feel it is important that we continue blooding new players as we build toward the future.

“As things stand, we have a bunch of young players that already have Test experience and who know exactly how we operate as a team and what is expected of them at this level, and we have no doubt that we will reap the rewards in the years to come as we continue to increase our squad depth.

“As always there are a few unlucky players who missed out on selection this time, but the door will always be open for them to be called up if the need arises.”

Steven Kitshoff, Lood de Jager and Jaden Hendrikse among a handful players were not considered for the squad due to injury.

The Wales Test will be followed by the Castle Lager Incoming Series which features back-to-back Tests against Ireland (ranked second in the world) in Pretoria and Durban respectively (on 6 and 13 July) and a historic first Test against Portugal in Bloemfontein on 20 July.

The Springboks will then turn their attention to the Castle Lager Rugby Championship where they will line up against Australia in Brisbane and Perth (on 10 and 17 August) before facing arch-rivals New Zealand on consecutive weekends in South Africa in Johannesburg and Cape Town respectively (on 31 August and 7 September). They will then make a short trip to Argentina where they will face the Pumas in Santiago (on 21 September) and then in Nelspruit on 28 September.

This will be followed by the traditional year-end tour featuring Tests against Scotland in Edinburgh (9 November), England in London (16 November) and Wales in Cardiff (23 November).

Springbok training squad (in alphabetical order):

Forwards: Phepsi Buthelezi (Hollywoodbets Sharks), Joseph Dweba, Ben-Jason Dixon (both DHL Stormers), Pieter-Steph du Toit (Toyota Verblitz), Eben Etzebeth (Hollywoodbets Sharks), Neethling Fouche (DHL Stormers), Vincent Koch (Hollywoodbets Sharks), Frans Malherbe (DHL Stormers), Malcolm Marx (Kubota Spears), Bongi Mbonambi (Hollywoodbets Sharks), Ntuthuko Mchunu (Hollywoodbets Sharks), Salmaan Moerat (DHL Stormers), Franco Mostert (Honda Heat), Ox Nche (Hollywoodbets Sharks), Evan Roos (DHL Stormers), Kwagga Smith (Blu Revs), Andre-Hugo Venter (DHL Stormers), Jasper Wiese (Leicester Tigers).

Backs: Damian de Allende (Panasonic Wild Knights), Faf de Klerk (Canon Eagles), Andre Esterhuizen (Harlequins), Aphelele Fassi (Hollywoodbets Sharks), Jordan Hendrikse (Emirates Lions), Sacha Feinberg-Mngomezulu (DHL Stormers), Ethan Hooker (Hollywoodbets Sharks), Quan Horn (Emirates Lions), Cheslin Kolbe (Suntory Sungoliath) Jesse Kriel (Canon Eagles), Manie Libbok (DHL Stormers), Makazole Mapimpi, Siya Masuku (both Hollywoodbets Sharks), Handre Pollard (Leicester Tigers), Morne van den Berg (Emirates Lions), Edwill van der Merwe (Emirates Lions), Grant Williams (Hollywoodbets Sharks).

Issued by SA Rugby Communications

Distributed by APO Group on behalf of South African Rugby.

Read moreErasmus names exciting Bok training squad

Epson’s Heat-Free inkjet printing technology, the efficient and sustainable solution for the Education and Healthcare sectors

Location: Business
GITEX Africa

On the sidelines of its participation in GITEX AFRICA 2024 (www.GITEXAfrica.com), Epson held a press conference where it unveiled the results of recent research it conducted in Europe, the Middle East and Africa, highlighting the common challenges faced in the Education and Healthcare sectors due to inefficient and unsustainable printing technology.

To meet these challenges, Epson remains committed to providing increasingly innovative, efficient and sustainable printing solutions. The impact of printing on student learning and healthcare staff efficiency is crucial.

Students need printed materials for their learning, but it's equally important that this printing is both efficient and environmentally friendly. This enables them to access quality educational resources while integrating responsible practices. Similarly, for healthcare staff, having efficient and sustainable printing solutions saves valuable time, which translates into greater efficiency in the delivery of care. This balance between operational efficiency and environmental sustainability in printing is the offering Epson brings to these two vital sectors to support both student learning and quality healthcare.

In the education sector, the vast majority of students (91%) in the MEA region (Turkey, Saudi Arabia, UAE, South Africa, Morocco, Tunisia, Egypt and Kenya) recognize that printed learning materials help them better understand and retain information. Despite this, they often feel conflicted because they fear that excessive printing is perceived as being harmful to the environment. Nonetheless, the study also showed that 89% of the same respondent students recognize that their learning would be improved if their educational institution had more sustainable printing solutions, such as Heat-Free inkjet printers, which consume less energy and produce less waste than laser printers.

In the health sector, workers in the MEA region lose 5850 hours each year, equating to 731 working days; due to slow or non-functional printers. This loss of time has a negative impact on patient care, leading to delays in updating patient records, booking appointments and sharing information. Healthcare workers are calling for action to improve printing technology and reduce interruptions.

92% of healthcare workers believe their IT department should provide faster, lower-maintenance printers to reduce the difficulties caused by printing interruptions.

Environmental concerns also come into play, with 83% of respondents agreeing that the environmental impact of unsustainable printers is a major concern for them personally.

"In both sectors, the use of Epson's Heat-Free inkjet printing technology is presented as a sustainable solution. Heat-Free inkjet printers consume less energy than traditional laser printers, and require fewer moving parts and consumables. By switching to this technology, educational establishments and health services could not only improve their operational efficiency, but also help reduce their environmental impact. It would also meet students' learning needs and improve patient outcomes, while reducing costs and increasing user satisfaction." says Ilias Azzaoui, Epson General Manager - French-speaking Africa and DomCom.

Visitors can discover Epson solutions at stand 4C-40 in hall 4 of GITEX AFRICA, taking place from May 29 to 31, 2024.

Place Bab Jdid, Boulevard Al Yarmouk - Marrakech (opposite Mamounia Hotel).

Distributed by APO Group on behalf of GITEX Africa.

Media Contact: 
Siham Zouggarh
Email: siham.zouggarh@briocommunication.com
Tel. : +212 663552985

Join us to discover our latest innovations, and don't miss our next exhibition!

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About Epson:
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion.
global.Epson.com/

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Global Tax Policy Trends and International Standards

Location: MyPR

In today’s global economic landscape, international trade and investment have become increasingly complex. This complexity is not just a function of market dynamics, but is also significantly influenced by the intricate web of global tax policies that govern cross-border transactions. Among these, withholding tax plays a pivotal role, impacting decisions made by businesses and investors …

Read moreGlobal Tax Policy Trends and International Standards

Springboks, Kolisi honoured by African Union for Rugby World Cup (RWC) triumph

Location: Sport

South African Rugby
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The Springboks added prestigious continental awards to their impressive list of accolades following their back-to-back Rugby World Cup titles last year, when they received the Team of the Year and Sportsman of the Year awards at the African Union Sports Council Region 5 Sports Awards in Lusaka, Zambia on Saturday.

The glittering awards ceremony, to celebrate the pinnacle of sporting excellence, was attended by athletes, sports luminaries, and government dignitaries from across the ten countries that make up Region: Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia, and Zimbabwe.

The awards add a continental flavour to the accolades received by the world champions, with the Springboks most recently being crowned the Team of the Year at the SA Sports Awards and SA Rugby Awards, while Kolisi received the People's Choice and Sports Star of the Year Awards.

SA Rugby President Mr Mark Alexander congratulated the team and Kolisi for being honoured in such a prestigious manner: “This award underlines the continental significance of the Springboks' consecutive Rugby World Cup victories and the key role Siya played in guiding the team both on and off the field.

“They deserve all the recognition for their hard work and sacrifices over several years to lift the Webb Ellis Cup in France last year and Japan in 2019, and we are delighted to see how far and wide their achievements have reached.

“The team and Kolisi have been critical in showing what unity, teamwork, and overcoming numerous barriers on and off the field can achieve in nation-building and building winning teams, and we hope this inspires teams across Africa to follow in their footsteps and achieve similar success.”

The competition for these awards was stiff, with the Springboks going up against the Malawian Scorchers – the national women's football team – and Botswana's senior men's 4x400m relay team, while Kolisi triumphed in a highly competitive category, edging out notable athletes such as Bayapo Ndori from Botswana, and Mancoba Mahlatsi from Swaziland.

The ceremony's keynote address was delivered by Her Excellency Mutale Nalumango, Vice President of Zambia. The African Union Sports Council Region 5 is committed to the development and promotion of sports within the Southern African region. The council, through various programmes and events, aims to foster unity, enhance athletic performance, and support athletes in achieving their highest potential.

Issued by SA Rugby Communications

Distributed by APO Group on behalf of South African Rugby.

For further information, please contact:
Andy Colquhoun
GM: Communications and Commercial
+27 (0) 21 928 7010
+27 (0) 82 926 0789
andyc@sarugby.co.za

De Jongh Borchardt
Communications Manager
+27 (0) 21 928 7021
+27 (0) 82 999 9979
dejonghb@sarugby.co.za

Rayaan Adriaanse
Junior Rugby Media Manager
+27 (0) 21 928 7013
+27 (0) 82 999 0022
rayaan@sarugby.co.za

Sindiswa Ximba
Media Operations Coordinator
+27 (0) 21 928 7011
+27 (0) 60 504 1069
sindiswa.ximba@sarugby.co.za

Zeena Isaacs
Springbok Media Manager
+27 (0) 21 928 7020
+27 (0) 82 357 3112
ZeenaI@sarugby.co.za

JJ Harmse
Sevens and Women's Rugby Media Manager
+27 (0) 21 928 7014
+27 (0) 71 480 4570
jjharmse@sarugby.co.za

Read moreSpringboks, Kolisi honoured by African Union for Rugby World Cup (RWC) triumph

President congratulates Springbok Women team

Location: News

President congratulates Springbok Women team

President Cyril Ramaphosa has congratulated the Springbok Women national rugby team on winning the Rugby Africa Women’s Cup and advancing to the 2025 Rugby World Cup in England.

“Well done to our Springbok Women for adding another trophy to our national trophy cabinet,” the President said on Tuesday.

The Springbok Women beat Madagascar 46-17 at home in Antananarivo at the weekend to retain their African championship.

This victory qualifies Africa’s top team for next year’s Rugby World Cup and the WXV 2 tournament, which South Africa will host in September 2024.

Organised by World Rugby, this tournament will see South Africa compete against the national teams of Scotland, Italy, the United States, Japan and Samoa in the second tier of this three-tier international competition.

“Alongside the Springboks and Banyana Banyana, our Springbok Women make us proud on the field of play and showcase the strides we have made in the development of the women of our nation during our 30 years of freedom. Congratulations once more to the team on the field, the technical staff and SA Rugby,” President Ramaphosa said. – SAnews.gov.za

nosihle
Tue, 05/14/2024 - 09:47

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Read morePresident congratulates Springbok Women team

Introducing the EcoFlow RIVER 2 Pro & DELTA 2 Max: The Ultimate Energy Partners to Power Through Loadshedding

Location: Business
EcoFlow

EcoFlow (https://apo-opa.co/3Q0P8ln), a leading eco-friendly energy solutions company, today launched the RIVER 2 Pro and DELTA 2 Max in South Africa. Featuring an upgraded capacity and faster charging, the RIVER 2 Pro is the best portable power station within stage 6 loadshedding. DELTA 2 Max has a UPS (Uninterrupted Power Supply) transfer time of 20ms and a capacity of 2048Wh, making it an ideal power ally for whole-home comfort.

“As loadshedding continues to grow, the EcoFlow RIVER 2 Pro and DELTA 2 Max ensure our consumers have access to a simple, flexible and reliable energy source wherever and whenever they should need it,” said Bradley Chetty, B2C Sales Director at EcoFlow South Africa. “We are proud to bring more lifestyle solutions to the market. EcoFlow is committed to making life better through meaningful innovation.”

RIVER 2 Pro, the Best Portable Power Station within Stage 6 Loadshedding

Charge Faster and Power More Sufficiently

The EcoFlow RIVER 2 Pro boasts a capacity of 768Wh. Thanks to EcoFlow's X-Stream technology, it can be fully recharged via AC charging in just 70 minutes, 70% faster than the industry average.

With a maximum AC output of 800W and EcoFlow's X-Boost technology, the RIVER 2 Pro can run devices of up to 1600W. It is sufficient for 80% of heavy-duty appliances such as, hair dryers, microwaves, and electric kettles, covering almost all the daily essentials in a household.

An Emergency Power Supply with 5-Year Warranty

The RIVER 2 Pro is able to provide emergency power supply (EPS). In case of a sudden blackout, it can automatically switch to the battery-powered supply mode within 30ms. When unexpected power outages happen, it can almost instantly become a reliable energy source, preventing disruptions in consumers' daily activities or work.

Equipped with advanced LiFePO4 (LFP) batteries that can operate under extreme temperatures, the RIVER 2 Pro possesses a lifespan of 3,000 cycles, six times longer than the industry average of 500 cycles. In addition, the RIVER 2 Pro comes with an industry-leading 5-year warranty, a testament to EcoFlow's confidence in its product's durability and futuristic technology.

DELTA 2 Max, Your Power Ally for Whole Home Comfort

The EcoFlow DELTA 2 Max supports 20ms auto-switch to Uninterrupted Power Supply (UPS) mode when unexpected power cuts hit, acting like an invisible lifeline. With a base capacity of 2,048Wh, which can be expanded up to 6,144Wh with two extra batteries, users can customize their energy solutions based on their specific energy needs.

Featuring EcoFlow's patented X-Stream technology, the DELTA 2 Max boasts industry-leading fast charging speeds. With an AC input of 2300W and a maximum solar input of 1000W, the DELTA 2 Max can be charged by AC from 0 to 100% in 81 minutes or by solar from 0 to 100% in 2.3 hours. Meanwhile, the DELTA 2 Max can be charged from 0 to 80% in only 43 minutes[1] with AC and solar dual charging – making it the ideal portable power station for life's unplanned moments.

The DELTA 2 Max is equipped with a 2400W AC output that can power almost all essential home appliances. Even while charging, it can still power up to 13 devices simultaneously. With the X-Boost technology, the DELTA 2 Max can even power some appliances up to 3100W. In face of potential severe power outages such as stage 13 loadshedding, the DELTA 2 Max can serve as a powerful and reliable energy partner   to help people live worry-free and enjoy the same level of comfort at home.

Pricing and Availability

Both RIVER 2 Pro and DELTA 2 Max will be available to buy starting Monday, April 15, on EcoFlow South Africa (https://apo-opa.co/3Q0P8ln). The EcoFlow RIVER 2 Pro (https://apo-opa.co/446kkWg) is priced at R 11,999 and the EcoFlow DELTA 2 Max (https://apo-opa.co/4cOWBO6) is priced at R 25,999.

For more information, please visit: https://ZA.EcoFlow.com.

 

[1] The charging time is achieved when the combined solar and AC input is 2400W. Actual user experiences may vary.

Distributed by APO Group on behalf of EcoFlow.

About EcoFlow:
EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 2.5 million users in over 100 markets worldwide.

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SA welcomes resolution on human rights situation in occupied Palestinian territory

Location: News

SA welcomes resolution on human rights situation in occupied Palestinian territory

South Africa has welcomed the adoption of a United Nations Human Rights Council (UNHRC) resolution regarding the occupied Palestinian territory, including East Jerusalem.

According to reports, the resolution covers the rights of the child and inclusive social protection; the right of the Palestinian people to self-determination; human rights in the occupied Syrian Golan, and Israeli settlements in the occupied Palestinian territory, including East Jerusalem, and the occupied Syrian Golan.

The resolution called for ensuring accountability and justice. It was passed with 28 of the council’s 47 Member States voting in favour, 13 abstentions, and six against.

The countries that abstained from voting on the resolution were Albania, Benin, Cameroon, Costa Rica, the Dominican Republic, France, Georgia, India, Japan, Lithuania, Montenegro, the Netherlands, and Romania.

The Department of International Relations and Cooperation (DIRCO) has since described the move as “historic”. 

“This is the very first time that the UNHRC has taken action on the unprecedented human tragedy taking place in Gaza, where at least 32 975 Palestinians have been killed, including more than 14 500 children, since Israel launched its onslaught over 180 days ago,” the statement read on Monday. 

In calling for accountability and justice, the department said the resolution emphasises the need to ensure that all those responsible for violations of international humanitarian law and international human rights law are held to account. 

It also highlights the need to ensure the provision of an effective remedy for all victims and the need to pursue practical steps to prevent future violations and international crimes. 

The department stated that the resolution acknowledges the significance of the order issued by the International Court of Justice (ICJ) regarding provisional measures in the case brought by South Africa against Israel concerning the application of the Convention on the Prevention and Punishment of the Crime of Genocide.

South Africa, the department said, believes that it is only through ensuring accountability and justice that the impunity accorded to Israel that has entrenched the ongoing unlawful occupation can finally be brought to an end. 

“It, therefore, remains crucial that Israel respects and implements the ICJ’s orders, together with United Nations Security Council resolution 2728 (2024) demanding an immediate and lasting ceasefire, which resolution A/HRC/L.30 will no doubt contribute to its securing.” 

During the debate on the resolution, South Africa’s Permanent Representative, Ambassador Mxolisi Nkosi, stated: “The international community can no longer choose to apply a parallel system of international law to Israel, nor can we be complicit in facilitating its actions. For international law to be credible, it must be uniformly applied and serve the victims designed to protect.” – SAnews.gov.za

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Mon, 04/08/2024 - 10:04

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Ayabonga The Conductor Releases Soul-Stirring Single “Sikelela” Spreading Message of Hope and Resilience

Location: Entertainment, MyPR

Talented artist Ayabonga The Conductor has released a powerful new single titled “Sikelela,” a soul-stirring anthem that transcends musical boundaries to deliver a message of hope, unity, and resilience. With its evocative melody and profound sense of spirituality, “Sikelela” is poised to captivate audiences worldwide. Drawing inspiration from personal experiences and universal truths, Ayabonga The …

Read moreAyabonga The Conductor Releases Soul-Stirring Single “Sikelela” Spreading Message of Hope and Resilience

WILDED hosts Easter scavenger hunt after dark at Crocworld!

Location: Entertainment, MyPR

This year is set to be the most egg-citing Easter yet with outdoor education group WILDED launching its WILD Park After Dark Easter Scavenger Hunt at Crocworld Conservation Centre on Friday, 29 March from 5pm. This is the ultimate family-friendly experience that combines the fun of Easter egg scavenging with the thrill of after-dark animal …

Read moreWILDED hosts Easter scavenger hunt after dark at Crocworld!

Experience the Essence of Japan: House of Suntory’s Pop-Up Unveils Three Pillars of Suntory Craftsmanship

Location: Entertainment, MyPR

Experience the Essence of Japan: House of Suntory’s Pop-Up Unveils Three Pillars of Suntory Craftsmanship This cherry blossom season, House of Suntory warmly extends an invitation to immerse yourself in a delightful sensory journey, capturing the essence of Japanese culture. Embrace the beauty of the season as we offer South Africans a unique opportunity to …

Read moreExperience the Essence of Japan: House of Suntory’s Pop-Up Unveils Three Pillars of Suntory Craftsmanship

EcoFlow Launches PowerStream, Helping Home Stay Powered During Load Shedding

Location: Business
EcoFlow

EcoFlow (za.EcoFlow.com), a leading eco-friendly energy solutions company, has reached a new milestone with the launch of its latest innovation, the PowerStream (https://apo-opa.co/3Tiz7Jv), a mini home solar system that potentially helps users save on energy bills. This groundbreaking expandable system can also provide backup power when connected to a portable power station, making it a simple, flexible, and reliable energy source at home.

With over 2.5 million users worldwide, EcoFlow has established itself as a leader in the portable power industry. During load shedding last year, the EcoFlow portable power stations helped power over 50,000 families in South Africa. The PowerStream marks the company's expansion into the home solar energy solutions market, responding to the growing demand for sustainable and reliable energy solutions that households can depend on.

“Home solar energy solutions play an increasingly important role in an age of frequent energy crises, and that's what inspired the EcoFlow PowerStream,” said Bradley Chetty, Key Account Director at EcoFlow South Africa. “EcoFlow is committed to a future where everyone can care for their families and combat climate disasters, aging grids, and rising energy bills, and PowerStream is our first step towards that future."

Keep Home Powered During Load Shedding

The PowerStream is an expandable system that includes the EcoFlow PowerStream Microinverter, solar panels, and EcoFlow portable power stations if users want to store excessive energy generated through the system.

When incorporating portable power stations into the system, the stored energy can continue to power the home throughout the night, and provide users with peace of mind during load shedding by keeping the essential devices up and running - from heavy-duty appliances like air conditioners and refrigerators to low-wattage devices like phones and tablets.

With a maximum 800W solar input, the PowerStream generates around 1277kWh[1] of electricity annually, covering a great amount of electricity an average household consumes yearly. Using the EcoFlow app, users can keep track of the solar energy captured, and the estimated saving on energy costs, and get a clear picture of their home energy usage.

A Plug-and-Play System with High Compatibility

The PowerStream is designed for the users to install by themselves as the microinverter, solar panels and portable power stations are all plug-and-play. The solar panels also fit in different scenarios, including flat or house balconies, house gardens, and house Façades. Using the EcoFlow super-flat cables, users don't need to drill through walls or windows to connect the system outdoors to indoors.

The system is compatible with 99% of solar panels on the market and works with all EcoFlow portable power stations, including the DELTA Pro, if users want to store more surplus energy and save more on energy bills. With a base capacity of 3.6kWh and expandable up to 7.2kWh, the DELTA Pro provides reliable power for 99% of home appliances, making it one of the best companions for the PowerStream.

An Entry-level System for Every Home

The PowerStream is an ideal home solar system for beginners, especially if they have already been using solar panels and EcoFlow portable power stations at home. The PowerStream microinverter features a compact design and is lightweight. It can easily blend in users' houses or apartments.

Plus, when users look to enjoy outdoor activities, they can disconnect the portable power station and use it on the go. If moving to new apartments or houses, the entire system can be easily unplugged and packed to go.

Price and Availability

Currently available on the EcoFlow South Africa website (https://apo-opa.co/48AtQ4B), the PowerStream comes in different kits with an Early Bird discount till 31st March 2024.

The No-Storage Kit includes only the PowerStream microinverter, two EcoFlow 400W Rigid Solar Panels, one solar cable, and one EcoFlow AC cable. The kit is priced at R 14,999 for an Early Bird discount.

The 3-kWh Storage Kit includes the PowerStream microinverter with the EcoFlow solar cable and AC cable, an EcoFlow DELTA Pro portable power station with an EB cable and two EcoFlow 400W Rigid Solar Panels. The kit is currently priced at R 61,999 for an Early Bird discount.

To learn more about kits with different storage options, please visit: za.EcoFlow.com

Specs

EcoFlow PowerStream Microinverter

Weight

Approx. 3 Kg

Waterproof

IP67

Dimensions

242 × 169 × 33 mm

Max. Charging & Discharging Power

600W

PV Input Power

400W x 2

DC Input Output

600W

Max. Input Voltage

55Vd.c. (PV Port)/ 59Vd.c. (DC Port)

Max. Input Current

13A

AC Output-Grid Tied

600W

Max. AC Output Current

2.8A

Charging Voltage

30 – 58 Vd.c.

Communication

Wi-Fi & Bluetooth

[1] The amount of electricity generated by PowerStream a year is based on internal testing in Johannesburg. Actual user experiences may vary.

Distributed by APO Group on behalf of EcoFlow.

About EcoFlow:
EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 2.5 million users in over 100 markets worldwide.

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Africa dominates list of the world’s 20 fastest-growing economies in 2024—African Development Bank says in macroeconomic report

Location: Business
African Development Bank Group (AfDB)

Report forecasts stronger growth for Africa in 2024, outpacing projected global average; Continent is second-fastest-growing region after Asia.

Africa will account for eleven of the world's 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday.

Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. This is higher than projected global averages of 2.9% and 3.2%, the report said.

The continent is set to remain the second-fastest-growing region after Asia.

The top 11 African countries projected to experience strong economic performance forecast are Niger (11.2%), Senegal (8.2%), Libya (7.9%), Rwanda (7.2%), Cote d'Ivoire (6.8%), Ethiopia (6.7%), Benin (6.4%), Djibouti (6.2%), Tanzania (6.1%), Togo (6%), and Uganda at 6%.

“Despite the challenging global and regional economic environment, 15 African countries have posted output expansions of more than 5%,” Bank Group President Dr Akinwumi Adesina said, calling for larger pools of financing and several policy interventions to further boost Africa's growth.

Africa's Macroeconomic Performance and Outlook, a biannual publication released in the first and third quarters of each year, complements the existing African Economic Outlook (AEO), which focuses on key emerging policy issues relevant to the continent's development.

The MEO report provides an up-to-date evidence-based assessment of the continent's recent macroeconomic performance and short-to-medium-term outlook amid dynamic global economic developments.

The latest report is calling for cautious optimism given the challenges posed by global and regional risks. These risks include rising geopolitical tensions, increased regional conflicts, and political instability—all of which could disrupt trade and investment flows, and perpetuate inflationary pressures.

President Adesina emphasised that fiscal deficits have improved, as faster-than-expected recovery from the pandemic helped shore up revenue.

He explained further: “This has led to a stabilisation of the average fiscal deficit at 4.9% in 2023, like 2022, but significantly less than the 6.9% average fiscal deficit of 2020. The stabilisation is also due to the fiscal consolidation measures, especially in countries with elevated risks of debt distress.”

He cautioned that with the global economy mired in uncertainty, the fiscal positions of the African continent will continue to be vulnerable to global shocks.

The report shows that the medium-term growth outlook for the continent's five regions is slowly improving, a pointer to the continued resilience of Africa's economies.

Presenting the key findings of the report, the African Development Bank's Chief Economist and Vice President, Prof. Kevin Urama said: “Growth in Africa's top-performing economies has benefitted from a range of factors, including declining commodity dependence through economic diversification, increasing stra­tegic investment in key growth sectors, and rising both public and private consumption, as well as positive developments in key export markets.”  

He added: “Africa's economic growth is projected to regain moderate strength as long as the global economy remains resilient, disinflation continues, investment in infrastructure projects remains buoyant, and progress is sustained on debt restructuring and fiscal consolidation.”

“The future of Africa rests on economic integration. Our small economies are not competitive in the global market. A healthy internal African trade market can ensure value-added and intra-African production of manufactured goods,” said Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, African Union Commission, Ambassador Albert Muchanga.

He assured that the MEO forecast, and recommendations will be made available to African heads of state and that the report will be useful when the African Union makes its proposals to the G20- an informal gathering of many of the world's largest economies to which the African Union was admitted last year.

The improved growth figure for 2024 reflects concerted efforts by the continent's policymakers to drive economic diversification strategies focused on increased investment in key growth sectors, as well as the implementation of domestic policies aimed at consolidating fiscal positions and reversing the increase in the cost of living and boosting private consumption.

Speaking remotely, Zimbabwe's Minister of Finance and Economic Development, Prof Mthuli Ncube described the report as being “on point” and consistent with the reality in his country, describing it as useful for economic planning across Africa. He urged the African Development Bank to continue its thought leadership to help policymakers continue to build resilience to withstand shocks and drive growth.

Ncube said: “Zimbabwe expects slower growth due to climate shocks in the region. Southern African countries depend on agriculture for economic growth, so climate-proofing agriculture is key. We are in talks with creditors to restructure its debt, which is slowing economic growth. Internally, the country will focus on economic and governance reforms and reforms around property rights to increase agricultural production.”

Up to 41 countries across the continent will in 2024, achieve an economic growth rate of 3.8%, and in 13 of them, growth will be more than 1 percentage point higher than in 2023.

Director of the Center for Sustainable Development, Columbia University Prof Jeffrey Sachs noted that long-term affordable financing must be part of Africa's strategy to achieve growth of 7% or more per year and warned that Africa is paying a very high-risk premium for debt financing. He called for this point to be made to the G20.

“Long-term development cannot be based on short-term loans. Loans to Africa should be at least 25 years or longer. Short-term borrowing is dangerous for long-term development. Africa must act as one, in scale,” he explained.

Sachs, who is also the UN Secretary-General António Guterres' Advocate for Sustainable Development Goals also called for a much larger African Development Bank, better resourced to meet Africa's financing needs.

Overview of economic outlook across regions

The confluence of shocks notwithstanding, the resilience of the continent's economies remains strong, with positive growth projected for the continent's five regions.

  • East Africa: East Africa will continue to lead Africa's growth momentum, with growth projected to rise to 5.1% in 2024 and 5.7% in 2025, supported by strong strategic investments to improve internal connectivity and deepen intra-regional trade.
  • North Africa: Successive adverse weather conditions and macroeconomic challenges will hold the region's growth steady at 3.9% in 2024 with a slight improvement to 4.1% in 2025.
  • Central Africa: Growth is forecast to moderate to 3.5% in 2024 but projected recovery in private consumption and increases in mining investment and exports could help push growth to 4.1% in 2025.
  • Southern Africa: Growth will remain sluggish at 2.2 and 2.6% in 2024 and 2025, respectively. This reflects continued economic weakness in South Africa, the region's largest economy.
  • West Africa: Growth is projected to pick up to 4 and 4.4% in 2024 and 2025 respectively. Strong growth in most countries in the region is projected to offset slowdowns in Nigeria and Ghana. The announced withdrawal of Burkina Faso, Mali, and Niger from the Economic Community of West African States (ECOWAS) casts a shadow over the sustainability of gains amid growing uncertainty.

Driving faster and more sustainable economic growth

The 2024 MEO says in the short term, tackling persistent inflation will need a mix of restraining monetary policy coupled with fiscal consolidation and stable exchange rates.

The report identifies structural reforms and strategic industrial policies as key to accelerating economic diversification and strengthening the export sector.

It recommends that countries invest more in human capital and pursue a resource-based industrialisation and diversification strategy that allows the continent to exploit its comparative advantage and build resilience to shocks.

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

Media Contact:
Emeka Anuforo
Communication and External Relations Department
media@afdb.org

About the African Development Bank Group:
The African Development Bank Group (AfDB) 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 34 African countries with an external office in Japan, the AfDB 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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South Africa’s Progressive Business Forum honours Afreximbank board member Ronnie Ntuli with Lifetime Achievement Award

Location: Business

Afreximbank
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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce that its board member, Mr. Ronnie Ntuli has been awarded the Progressive Business Forum's (PBF) prestigious Lifetime Achievement Award and was presented with the accolade at the Presidential Gala Dinner and special celebrations that marked three decades of democracy in South Africa.

The award, which was presented at the PBF's inaugural “Show Up” awards ceremony, recognizes and celebrates individuals who have distinguished themselves in business, public service and, through their commercial, entrepreneurial and civic ventures. It also recognizes those who have acted to improve the common good and promote the wellbeing of others.

Mr Ntuli's receipt of this award constitutes a recognition of his extraordinary contribution to the expansion of Southern Africa's rail network and his application of engineering expertise to continental transport and logistics assets. Mr Ntuli founded and established the Thelo Group, as one of the continent's eminent financiers of railway infrastructure and rolling stock, and the region's most significant supporters of industrial development and high-value exports.

Further to these economic contributions, Ronnie has served his country and continent through extensive advisory work for a range of African Heads of State, where he has leveraged his unrivalled financial and engineering experience – as well as his background in Law – to help decision-makers devise policies and strategies to accelerate economic development and entrepreneurship.

Afreximbank President and Chairman of the Board of Directors, Prof. Benedict Oramah, commented:

I am delighted that my dear friend, and much-trusted advisor on Afreximbank's Board, Mr. Ronnie Ntuli, has been recognized by the Progressive Business Forum for his decades of work on this continent. As both businessman and advisor, Ronnie's contribution to our shared prosperity and development is quite simply incalculable. His counsel has been indispensable to the Bank, particularly as we navigated the challenges of implementing the African Continental Free Trade Area agreement.”

Distributed by APO Group on behalf of Afreximbank.

About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of September 2023, Afreximbank's total assets and guarantees stood at over US$33.4 billion, and its shareholder funds amounted to US$5.8 billion. The Bank disbursed more than US$104 billion between 2016 and 2023. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody's (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

Read moreSouth Africa’s Progressive Business Forum honours Afreximbank board member Ronnie Ntuli with Lifetime Achievement Award

Clairfield International and Rand Merchant Bank announce a formal M&A advisory partnership spanning 32 countries

Location: Business
Rand Merchant Bank

Clairfield International, a top-ranked Europe-based global corporate finance partnership, and Rand Merchant Bank (RMB) (www.RMB.co.za), a division of FirstRand Bank Limited (part of FirstRand Limited, the largest financial services group by market capitalisation in Africa), are delighted to announce that they formally agreed to partner, marking both firms' commitment to global expansion and delivery of top-quality corporate finance advisory solutions for clients.

This partnership will position RMB as the gateway for Clairfield clients into South Africa, Nigeria, and the broader sub-Saharan African market, while Clairfield opens doors for RMB into Europe, the Americas, and the Asia-Pacific region. Following from Clairfield's successful partnership with top Japanese advisory firm Yamada Consulting in 2023 that covers Japan and the Association of Southeast Asian Nations, this new access to sub-Saharan Africa creates unparalleled coverage for midmarket corporate, private equity, and family business clients worldwide.

Clairfield International advises entrepreneurs, multinational corporations, and financial investors on M&A and other corporate finance solutions with special expertise in cross border situations through over 30 country teams globally. Clairfield International has completed 780 transactions on behalf of clients in the last five years totalling EUR 30 billion in disclosed deal value.

“We are optimistic about Africa's long-term growth, driven by technology, the high demand for infrastructure and rapid urbanisation, and we are eager to explore business opportunities across the continent. RMB has a corporate finance team of over 70 people, and with their reach and expertise on the ground, Clairfield can vastly expand its client offerings across sub-Saharan Africa,” says Alexander Klemm, Executive Chair of the Clairfield board of directors. “This partnership is a transformative step for both firms, enhancing our global footprint. Together we can access exciting global deal flow, buyers, and investors for our clients.”

RMB's award-winning corporate finance team partners local and global clients offering differentiated advice and innovative thinking on strategic topics as well as access to capital to enable their growth ambitions. RMB Corporate Finance has an unrivalled track record in corporate finance advisory in sub-Saharan Africa and is consistently the top-ranked advisor in the league tables in South Africa and Nigeria. 

“This partnership underscores our commitment to building an M&A advisory capability that is internationally relevant to our clients,” says Krishna Nagar, Co-head of Corporate Finance at Rand Merchant Bank. “The increase in M&A activity across Africa positions us favourably with companies seeking global opportunities and expertise. Our collaboration with Clairfield has already proven fruitful as interest from Clairfield clients is evident in our mandates. We look forward to a continued partnership and access to Clairfield's expertise in developing and facilitating that global deal flow.”

Distributed by APO Group on behalf of Rand Merchant Bank.

About RMB:
Rand Merchant Bank (RMB) is a leading African corporate and investment bank (CIB) and part of the largest financial services group (by market capitalisation) in Africa – FirstRand Bank Limited (which is wholly owned by FirstRand Limited). We offer our clients innovative, value-added advisory, funding, trading, corporate banking, and principal investing solutions.

With a presence in 10 African countries, we have a significant footprint on the continent. We also have access to a network of retail banks, representative offices and branches across Africa, the UK, India and the US.

For more information visit: www.RMB.co.za

About Clairfield International:
Founded in 2004, Clairfield International provides advisory services on middle-market transactions for large companies, private investors and private equity, public sector clients, and family businesses. Headquartered in Europe with locations in every major region worldwide, we offer clients access to corporates, investors, key decision-makers, and sector experts, combined with a deep understanding of local regulations and cultures. Closing over 190 transactions annually, Clairfield ranks as one of the top independent M&A advisors in league tables worldwide.

For more information visit: www.Clairfield.com

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Condolences for Japan following quake tragedy

Location: News

Condolences for Japan following quake tragedy

South Africa has offered its deepest condolences to the government and people of Japan following a series of deadly earthquakes that struck the country's west coast region.

“The Minister of International Relations and Cooperation, Dr Naledi Pandor has, on behalf of the government and people of South Africa, offered South Africa’s sincere condolences to the government and people of Japan following a 7.6 magnitude earthquake that hit the country’s west coast on 1 January 2024 at 16h00,” said the Department of International Relations and Cooperation (DIRCO) in a statement on Wednesday.

It said that the 7.6 magnitude earthquake has led to extensive loss of life and rising numbers of severe injuries in its aftermath.

“In the ensuing five hours following the earthquake, a swarm of approximately 30 earthquakes were reported throughout Japan.”

Pandor said that the government and people of South Africa's prayers are with Japan, particularly the families who have lost their loved ones in the wake of the tragedy. 

She further commended the tireless efforts of the rescue and emergency personnel participating in the ongoing rescue operation. - SAnews.gov.za

 

 

Neo
Wed, 01/03/2024 - 10:47

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Young human rights educators inspire peers to catch action

Location: News

Office of the UN High Commissioner for Human Rights (OHCHR)
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They come from different countries and regions of the globe and have distinct experiences that have shaped their young lives. But Irfaan, Aiki, Soufiane, Dejana, Maselina, Allán and Aizat all share the same dream: to build a world in which all human beings are equal.

From South Africa to Japan, from Morocco to Serbia, from Samoa to Mexico and Kyrgyzstan, the seven are young human rights educators who work in their communities to inspire young people to take action and promote human rights.

They are the protagonists of a documentary called “Changemakers: stories of young human rights educators,” which was released to mark the 75th anniversary of the Universal Declaration of Human Rights.

Co-produced by UN Human Rights, Amnesty International and Soka Gakkai International, the film pays tribute to young educators who empower other young people to advocate for equality, respect, and dignity for all.

“Human rights education has the power to bring real change and help us identify solutions to today's challenges which are human rights-based,” said Elena Ippoliti, coordinator of Human Rights Education and Training at UN Human Rights.

“These young champions are an inspiring example of how young people can lead and nurture among their peers a culture of human rights to ensure no one is left behind.”

Empowering young people

Irfaan Mangera grew up in post-apartheid South Africa, an experience that made him aware that the fight to end injustice is not over. While the political system that institutionalized the racial segregation no longer exists, its legacy lives on in the form of racism, classism and social-economic exclusion, he said.

“The triple threat to South Africa's future today is unemployment, poverty and inequality, and these are the results of the huge legacy of apartheid that excluded people,” said Irfaan, a community activist from the township of Lenasia, south of Johannesburg.

Irfaan, a member of the Indian South African community, spearheaded the creation of the National Youth Coalition to build a space for young people to fight racism and bring systemic change.

“Human rights education gives us a framework to empower young people to understand their rights and to protect and promote them so we can achieve the goal of equality,” he said.

Aiki Matsukura combats sexual exploitation of children, a taboo subject in Japan. Aiki provides support to survivors of sexual exploitation and raises awareness through campaigns using manga and videos, and through talks at schools and companies.

“When your human rights have been violated you lose the power and the strength you have. My job is to help young people bring that strength and worth back that they already have within them,” said Aiki.

“For me human rights education is to encourage one another, specially to encourage someone to believe in their own potential and worth.”

Liberation of speech

Soufiane Hennani, an activist for gender equality and gender diversity from Rabat, is the creator of a popular youth-oriented podcast called Machi Rojola that challenges unequal gender roles and promotes positive masculinities in Morocco.

Soufiane, a laureate of the Arab Foundation for Freedom and Equality's social change program, said the podcast is a space of liberation of speech, where guests can talk about issues such as diversity, acceptance and human rights.

“You have to create an environment for young people to express themselves because these young people are the adults of tomorrow. Being part of a network of young people who do human rights education that promote human rights is an opportunity and a hope,” he said.

For Dejana Stošić from Belgrade speaking out is also a form of liberation.

Dejana, who works with young women to fight gender-based violence and sexual violence, created in 2021 a twitter hashtag called #NisamPrijavila (#IdidntReport), where she explained why she did not report a case of sexual violence. In just three days, more than 21,000 women across Serbia used the hashtag to tell their stories about the violence they survived but never reported.

“One of the hardest things in life is to be a girl and have a voice because everybody wants to shush you,” said Dejana, co-founder of SOS Girls Corner project, which won a With and for Girls award for best project for girls.

“I encourage girls to believe that they are worthy and capable of doing whatever they want and to stand up and use their voice to change the system we live in and to be equal to everyone.”

Maselina Iuta, an activist for the rights of persons with disabilities, remembers vividly the barriers she faced as a deaf school girl in a rural village in Samoa. That difficult experience, however, helped her find her mission in life.

“Where I was growing up there were no schools with sign language, so I did not understand what my teacher was saying and I fell behind. I don't want future deaf children to go through what I went through,” she said.

Maselina is a founding member of the Deaf Association of Samoa, an organization led by deaf and hearing-impaired persons that advocates for the development of inclusive opportunities, policies and legislation for deaf and hearing-impaired people in Samoa.

“Many people in the deaf community don't know they also have rights to education, to work and to experience respect, so I work to help them understand they do have equal rights,” said Maselina, who is now attending university in Fiji.

Guided by the Convention on the Rights of Persons with Disabilities, she works with local and national stakeholders to address barriers for deaf people.

“Many people in the non-deaf community think that because we don't talk we don't know or we don't feel or we don't have dreams,” she said.

Equality for all

For Allán Sánchez Osorio, an activist for the rights of children and young people in situations of vulnerability, awareness of one's rights has the power to prevent human rights abuses.

“Unfortunately, not many people globally know their rights and that lack of knowledge can lead many to suffer human rights violations,” said Allán, founder of Fundación Efecto Valores, an NGO that promotes human rights education for children without parental care and who live in areas with high rates of violence.

“Human rights education can prevent human rights violations and also point to mechanisms for people to turn to in case of violations.”

From Kyrgyzstan, Aizat Ruslanova implements educational projects for teenagers to promote women's rights to address gender-based violence against women.

Aizat, who is the executive director of the regional youth organisation IDEA Central Asia, said finding the right language to talk about human rights is a challenge. Words like human rights, gender equality or feminism can be perceived negatively in Kyrgyzstan because they are new, she said, so she also uses art to communicate messages about women's rights.

“I am proud to be a human rights educator because we give young people a very cool tool to change their lives and develop their country.”

Distributed by APO Group on behalf of Office of the UN High Commissioner for Human Rights (OHCHR).

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