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You are here: Home / Archives for Market

Market

25 March 2025

Colloquium to discuss developments in intellectual property

Location: News

Colloquium to discuss developments in intellectual property

Intellectual property and technology commercialisation will come under the spotlight at a colloquium that will be hosted by the Department of Trade, Industry and Competition (the dtic).

Wednesday’s colloquium will be held under the theme: "Driving Innovation and Positioning Intellectual Property Commercialisation for a Better and Inclusive South Africa".

According to the Minister of the dtic, Parks Tau, the session will provide a platform to exchange ideas and experiences on addressing challenges hindering successful technology commercialisation, and what measures can be taken to address these challenges.

He said the session, which the dtic will host in partnership with the Companies and Intellectual Property Commission (CIPC), will focus on enhancing awareness and understanding of intellectual property (IP), technology management, and the commercialisation process. 

Discussions will cover the advancement of new technologies and their impact on the IP landscape and the commercialisation of these innovations. 

The session will also explore strategies for innovating, scaling, and commercialising more effectively during and after a pandemic.

“The National System of Innovation stakeholders will exchange ideas and share experiences on overcoming challenges in intellectual property and technology commercialisation. The key focus areas include addressing barriers to successful commercialisation, improving access to venture capital funding, enhancing knowledge of equity structures, and creating effective market channels,” the Minister said.

The session will bring together international and local expert speakers in the field of IP and technology commercialisation, including commercialisation specialists, IP Merchant Banks, venture capitalists, incubators and fund finders, among others.

Significantly, the session will also see high school and tertiary students participating in order to instil an interest in IP. 

“The learners will participate in an interactive session,, where they will be taken through the exciting journey of IP and technology development. 

“This session will stimulate and harness a culture of innovation and creativity amongst South African school learners, build a future generation that will be ready and attuned to the skills needs of the 4IR [Fourth Industrial Revolution] and be a generation of job creators rather than job seekers,” Tau said.

Some of the topics that will be discussed include technology development and commercialisation, intellectual property in successful commercialisation of products and services, and understanding IP rights and their role in technology transfer and economic growth.

The colloquium will have exhibition stands for innovators to display their products and services.

The exhibition will be used to showcase support offered by government to innovators through different funding instruments.

The colloquium will get underway at the Heartfelt Arena in Pretoria from 9am. – SAnews.gov.za

Edwin
Tue, 03/25/2025 - 14:52
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Read moreColloquium to discuss developments in intellectual property
25 March 2025

Hydroponic farming system overall winner of Global Cleantech Innovation Programme Awards

Location: News

Hydroponic farming system overall winner of Global Cleantech Innovation Programme Awards

A groundbreaking hydroponic farming system has won first prize at the Global Cleantech Innovation Programme – South Africa (GCIP-SA) Awards. 

This innovative system allows farmers to grow crops using up to 90% less water and requires only 10% of the land compared to traditional farming methods.

AB Farms, founded by Mogale Maleka, beat seven other competitors for the coveted sustainable development prize.  

Hosted by the Department of Science, Technology and Innovation (DSTI) entity, the Technology Agency (TIA), the United Nations Industrial Development Organisation (UNIDO) and the Global Environment Facility, the recently held awards acknowledged the outstanding achievements of entrepreneurs and innovators, who are driving sustainable solutions for a greener future.

According to the department, the GCIP is instrumental in South Africa’s response to the challenge of climate change by nurturing and accelerating cleantech startups and small, medium, and micro enterprises (SMMEs). 

The programme aligns with the Paris Agreement objectives and also supports South Africa in achieving its Nationally Determined Contribution targets to reduce carbon emissions from 350 to 420 megatonnes of carbon dioxide equivalent by 2030.

Maleka’s farm was recognised for its commitment to clean energy solutions.  

“His innovation also reduces electricity consumption by 50% and fertiliser use by 40%, making it a game-changer for resource-scarce regions. Designed for resilience, the system ensures consistent irrigation, even during power or water disruptions,” the statement read. 

Congratulating the finalists and winners, DSTI Minister Professor Blade Nzimande stressed the urgent need for sustainable solutions in South Africa, where environmental challenges such as water scarcity, air and water pollution, biodiversity loss, and extreme weather events are deepening socio-economic disparities.

“Unsustainable patterns of consumption and production have led to the triple planetary crisis of climate change, nature and biodiversity loss, and pollution and waste,” Nzimande said. 

According to the Minister, this crisis has resulted in severe environmental problems, including extreme weather events like droughts, floods, heatwaves and storms, which cause widespread damage to infrastructure, agriculture, and human lives.  

“South Africa, like many other parts of the world, is grappling with these challenges, making the need for climate-resilient infrastructure even more urgent,” Nzimande said. 

The 2025 GCIP-SA Awards also recognised other outstanding innovators in sustainable solutions.
Runner-up, Econova Solutions, led by Sanele Mabizela, was honoured for its impactful work in clean energy and environmental sustainability.  

Econova converts organic waste into biogas and organic fertilisers.  

Meanwhile, the second runner-up spot went to the Graduated Man of Steel, represented by Lunga Calvin Mahlangu, for an innovation that produces affordable electric micro-mobility solutions for urban and industrial transport.

Acting Chief Executive Officer of the TIA, Ismail Abdoola, commended the entrepreneurs for driving clean technology innovations and reaffirmed the TIA’s commitment to strengthening the programme’s impact.

“We recognise the remarkable achievements of the GCIP-SA and the entrepreneurs shaping the future of our country’s cleantech ecosystem.  This... is not just about celebrating accomplishments but about reaffirming our shared vision for innovation, sustainability and progress,” said Abdoola at the awards ceremony.

He also acknowledged the long-standing partnership between TIA and UNIDO, which has been instrumental in driving the success of GCIP-SA, and supporting local entrepreneurs in refining their solutions and positioning them for market success.

“The GCIP is more than a programme, it is a movement, a movement that brings together innovation, collaboration, and purpose-driven action in support of a sustainable future. As we look ahead, let us be inspired by the work done so far and remain committed to building a greener and more resilient South Africa,” Abdoola added. 

The winner and runners-up will represent South Africa, in the global installment of the Cleantech Awards in Turkey in September 2025. – SAnews.gov.za
 

Gabisile
Tue, 03/25/2025 - 10:13
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Read moreHydroponic farming system overall winner of Global Cleantech Innovation Programme Awards
24 March 2025

AEW 2025 to Host NOC-IOC Forum in Cape Town

Location: Business

African Energy Chamber
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This year's African Energy Week (AEW): Invest in African Energies conference will debut the first-ever National Oil Company (NOC) and International Oil Company (IOC) Forum, a dynamic platform that brings key public and private sector stakeholders into direct conversation to drive investment, secure new deals, foster local capacity building and advance exploration.

A key focus of the forum will be enhancing collaboration in the exploration, development and production of hydrocarbon resources across the continent, with an emphasis on data sharing and joint decision-making to unlock untapped potential. In South Africa, TotalEnergies is preparing to drill its first exploration well on Block 3B/4B, leveraging 14,000 km of 2D seismic and 10,800 km² of 3D seismic, with a large set of exploration prospects already identified. In Angola, Sonangol is ramping up offshore exploration on Block 6/24, focusing on geological and geophysical studies and seismic data reprocessing to assess the block's resource potential, which includes a possible commercial oil discovery. Meanwhile, in Equatorial Guinea, GEPetrol has partnered with Panoro Energy on Block EG-23, conducting subsurface studies to evaluate the block's potential, with the possibility of drilling an exploration well.

In parallel, new market activity is reshaping Africa's exploration landscape, as both NOCs and IOCs pursue strategic acquisitions, partnerships and project expansions. Chevron has strengthened its presence in Equatorial Guinea by securing PSCs for two highly prospective offshore blocks. In October 2024, Brazilian NOC Petrobras acquired a 10% stake in the offshore Deep Western Orange Basin in South Africa as part of its strategy to boost reserves and expand its footprint in Africa's emerging oil and gas markets. Last month, Chinese state-backed company Sinopec signed an $850 million contract with Algerian NOC Sonatrach for exploration and development, securing a PSC covering the Hassi Berkane North license. Sonatrach is also in discussions with Eni, TotalEnergies, Chevron and ExxonMobil for exploration and development activities in the region. The NOC-IOC Forum will provide a key platform to examine these developments, fostering discussions on how public and private sector cooperation can accelerate exploration, attract capital and unlock new resource opportunities.

The NOC-IOC Forum will also focus on forging new partnerships to drive capacity-building programs and facilitate knowledge-sharing, empowering local talent in the oil and gas sector. The National Petroleum Corporation of Namibia (NAMCOR) has been active in establishing partnerships to support the country's goal of producing first oil by year-end. This includes a collaboration with QatarEnergy focused on providing training and development opportunities for NAMCOR employees in industry-specific skills. In October 2024, NAMCOR also signed an agreement with global technology company SLB to improve operational performance in decarbonization, green hydrogen and sustainable energy, with an emphasis on local capacity development. Meanwhile, Mozambique's Empresa Nacional de Hidrocarbonetos is investing in specialized offshore drilling services, reinforcing the state's involvement in the country's oil and gas projects through an agreement with Italian multinational oilfield services company Saipem.

Additionally, the NOC-IOC Forum will facilitate the exchange of insights on regional and global energy regulations, helping participants navigate the evolving energy landscape. In the Republic of Congo, Société Nationale des Pétroles du Congo is working closely with private sector companies and IOCs to gather input for its upcoming Gas Master Plan, as well as developing a new gas code aimed at modernizing the regulatory framework to attract foreign investment. This push for regulatory improvements has driven increased IOC activity in the country, with Eni advancing the second phase of its $5 billion Congo LNG project and TotalEnergies committing $600 million to expand its E&P operations, specifically in the deep offshore Moho Nord Field.

The NOC-IOC Forum offers a strategic platform for both African NOCs and IOCs to present their exploration strategies, access available acreage and showcase ongoing energy developments. By facilitating direct engagement across sectors, the forum will drive insightful exchanges on sharing data and insights to improve decision-making, optimizing operational efficiencies and unlocking new investment opportunities. These discussions will ensure that partnerships are mutually beneficial, aligning national development goals with commercial objectives while fostering a more integrated and strategic approach to Africa's energy future.

“The launch of the first-ever NOC-IOC Forum at AEW 2025 marks a pivotal moment for Africa's energy sector. By positioning key national and international stakeholders in direct dialogue, the forum aims to drive investment, foster collaboration and empower local talent. This is an exciting opportunity for both NOCs and IOCs to present their strategies, forge new partnerships and contribute to the sustainable development of Africa's hydrocarbon sector,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

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24 March 2025

Trinasolar Tackles South Africa’s Power Crisis

Location: Business
Trinasolar

Trinasolar (www.Trinasolar.com), a global leader in smart PV and energy storage solutions, is proud to announce its participation in the Solar & Storage Live Africa exhibition, taking place at Nasrec, Johannesburg, from 25-27 March 2025. As South Africa grapples with an ongoing energy crisis, Trinasolar is positioning itself as a strategic solution provider, offering cutting-edge technology that supports the transition to a decentralised, resilient energy system.

South Africa's recent return to Stage 3 load shedding highlights the ongoing need for reliable and sustainable energy solutions. Trinasolar's advanced portfolio of high-quality photovoltaic modules and energy storage systems are designed to innovatively address the country's energy challenges effectively.

Vincent Wu, Global Sales Vice President and MEA MU Head at Trinasolar, commented on this role, saying: “As the energy crisis continues to challenge South Africa and the broader African region, Trinasolar is committed to delivering solutions that address these challenges. Our advanced PV modules and energy storage systems are designed to enable the region's shift to more resilient and decentralised energy infrastructure. At Solar & Storage Live Africa, we're excited to showcase our leading-edge technology that not only meets the immediate energy needs but also positions South Africa on a path toward a greener, more sustainable future.”

Trinasolar's long-standing presence in South Africa reflects its dedication to providing high-quality and cost-effective solar solutions that support the country's renewable energy ambitions. Trinasolar's Vertex modules are deployed in major utility-scale projects such as the 135MW Merak 1 Project, the 283MWdc Mooi Plaats Photovoltaic Power Plant, and the 195MW Springbok Utility Project, showcasing the company's ability to deliver large-scale, high-impact renewable energy solutions that drive the transition to a more sustainable energy landscape.

“Trinasolar has been part of the South African energy landscape for over a decade, and our local investments are paying off,” says Zaheer Khan, Regional Director for South Africa. “We have emerged as the largest solar equipment supplier in the country, with nearly a gigawatt of solar modules and 250MW of solar trackers delivered to local markets over the past year. Our focus remains on offering high-quality, cost-effective solutions to help South Africa address its energy crisis and move towards a more sustainable future.”

Key highlights:

Trinasolar's portfolio includes a range of high-performance products designed to meet the diverse energy needs of the South African and broader African markets. At Solar & Storage Live Africa, Trinasolar will spotlight two new product launches in South Africa:

  • Bifacial Vertex N 630W (NED19RC.20): Featuring advanced N-type i-TOPCon technology with 23.3% module efficiency, this module certified with Fire Rating Class A+A and 55mm hail resistance. Besides, it has high resistance against salt, ammonia, sand, PID, LID, LeTID, which means high sustainability in harsh environments and extreme weather conditions.
  • Anti-Dust Mono Facial Golden Size Module - 630W (NE19R.70): with impressive 23.3% efficiency, the module is optimized for installation with low angle and features a patented frame designed to minimize dust accumulation, ensuring consistent high performance even in the harshest environments.

These will be shown along with its flagship modules, including

  • Vertex N 720W (NEG21C.20): with 23.2% efficiency, the module reduces BOS and LCOE costs by 2-6%. Built on the 210mm i-TOPCon platform, it ensures high reliability with a 30-year power guarantee. Its dual-glass design and advanced technology maximize energy yield while withstanding harsh conditions.
  • Vertex S+ 460W (NEG9R.28): Designed for residential and C&I rooftops, it features a perfect size with low weight, and up to 23.0% efficiency on the 210mm i-TOPCon platform. Its dual-glass structure ensures durability with up to 25 years product and 30 years power warranty, offering superior resistance to harsh conditions.

In addition to its PV modules, Trinasolar will showcase the TrinaStorage Elementa 2 Pro – 5MWh Energy Storage System (ESS), a next-generation solution engineered for South Africa's high temperatures, high humidity, and grid instability. Designed for long-term reliability, Elementa 2 Pro features intelligent hybrid cooling, C5 anti-corrosion certification, and advanced fire suppression technology. Powered by Trinasolar's self-developed 314Ah high-performance battery cells, the system delivers a 15,000-cycle lifespan, reducing lifecycle costs and maximizing efficiency. With low-noise operation suited for suburban projects and compliance with environmentally friendly design standards, Elementa 2 Pro reinforces TrinaStorage's leadership in resilient, high-performance energy storage solutions tailored to regional needs.

Trinasolar's continued expansion and innovation in South Africa underline its commitment to supporting the country's renewable energy transition. By offering state-of-the-art solar and storage solutions, the company is not only helping to alleviate the power crisis but also paving the way for a cleaner and more energy-secure future.

Distributed by APO Group on behalf of Trinasolar.

About Trinasolar (688599. SH):
Founded in 1997, Trinasolar Co Ltd (stock symbol: Trinasolar; stock code: 688599) is engaged mainly in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. PV systems consist of power stations and system products. Smart energy comprises mainly PV power generation and operations and maintenance, smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. We are committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future.

On June 10, 2020, Trinasolar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE). It was the first PV and energy storage company to go public on the STAR Market providing PV products and systems, as well as smart energy. For more information, please visit www.Trinasolar.com.

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24 March 2025

Minister leads G20 environment working group

Location: News

Minister leads G20 environment working group

Minister of Forestry, Fisheries and the Environment, Dr Dion George, will this week lead the Group of Twenty (G20) Environment and Climate Sustainability Working Group (ECSWG) as part of South Africa’s Presidency of the G20. 

“It is expected that the outcome of this first virtual G20 ECSWG meeting will provide strategic direction and a common understanding amongst G20 Member States on the key environmental and climate change priorities and deliverables,” the Minister said on Sunday.

Taking place under the theme: “Solidarity, Equality, and Sustainability,” the Minister is expected to open the meeting on Tuesday, by setting the scene for South Africa’s Presidency of the G20 ECSWG, provide an opportunity to discuss the five priorities and deliverables, and also present the proposed work plan for the G20 ECSWG for 2025.

The priority focus areas for South Africa’s Presidency of the G20 ECSWG include:

  • Biodiversity and Conservation – Implementation of the Global Biodiversity Framework and the Biodiversity Economy;
  • Land Degradation, Desertification and Drought – Land Degradation Neutrality targets;
  • Chemicals and Waste Management – Sustainable Chemicals Management; Circular Economy; Waste Management; Waste to Energy; Extended Producer Responsibility (EPR) implementation;
  • Climate Change and Air Quality – Just Transition; Loss and Damage; Adaptation, including Climate Resilient Development (CRD); Climate Finance and Air Quality; and
  • Oceans and Coastal Management – Marine Spatial Planning – ocean governance; combatting marine plastic pollution.

The G20 ECSWG aims to enhance cooperation amongst all G20 members and invitees to address environmental and climate change priorities. 

The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States, as well as two regional bodies, namely the European Union and the African Union.

The G20 members represent about two-thirds of the world population, approximately 85% of the global GDP and over 75% of the global trade. 

This platform is considered as the leading forum for international economic cooperation and plays an important role in shaping and strengthening global architecture and governance on all major international economic issues.

South Africa’s Presidency of the G20 commenced on 01 December 2024 and will continue until 30 November 2025. 

The Presidency will build upon on the achievements of India (2023 Presidency) and Brazil (2024 Presidency), to ensure continuity in advancing the developmental agenda within the G20. 

“South Africa’s G20 Presidency provides a unique opportunity for the country to champion the aspirations of emerging market economies and lead the developmental agenda of the African Continent within the framework of the G20."

A total of three G20 ECSWG meetings and one ECSWG Ministerial meeting will be held in South Africa, with the first virtual meeting scheduled to take place from 25 – 28 March 2025; followed by the second meeting from 14-18 July 2025 at Kruger National Park, and the final meeting in October 2025 at Cape Town.

The Ministerial meeting will be held back-to-back with the third ECSWG meeting in October 2025.

The department will also roll out outreach and awareness activities in the buildup to the three G20 ECSWG meetings throughout the country to amplify the messaging on the focus areas for the G20 ECSWG.

“The department will leverage South Africa’s Presidency of the G20 to market and showcase the Kruger-Kirstenbosch-iSimangaliso Icon Status Strategy (KISS). Some of the meetings and activities will take place at these iconic world-class sites to showcase them on the global stage,” the Minister said. - SAnews.gov.za

 

nosihle
Mon, 03/24/2025 - 10:00
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23 March 2025

IAEOG Namibia 2025

Location: News
African Peace Magazine

We bring you compliments from the Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.) and the Management of African Peace Magazine UK (https://AfricanPeace.org/).

African Peace Magazine UK, has been publishing for well over 15 years, and we are committed to promoting Peace, business networking, good governance and improved condition of living for Africans. 

We are pleased to invite you to the 2025 International African Energy, Oil and Gas Summit, an event pivotal for those eager to stay abreast with the latest trends, innovations and opportunities in the oil and gas industry in Africa. 

The International African Energy, Oil & Gas Summit & Awards/Exhibition (IAEOG) is few months away, kicking off on 4th-10th of August 2025.

This premier event continues to grow remarkably each year, with over 2500 attendees expected to converge from more than 50 countries under one roof.

The IAEOG is an interactive exhibition and networking event that unites global and African Energy key players, stakeholders, and decision makers.

This event is a proactive endeavor supporting the AfCTA's mission to forge regional value chains in Africa, aims at stimulating investment and job creation across the continent and ensure energy security.

AfCFTA ultimate goal is to unify approximately 1.3 billion people across Africa, with a collective GDP of nearing US$ 3.4 trillion.

The African Peace Organization, in conjunction with other strategic partners is set to organize the 4th Edition of the International African Energy, Oil and Gas Summit Namibia 2025 with the Theme: Getting it Right, scheduled to hold on the 4th -10th of August 2025 in Namibia. It would feature panel discussions, presentations, exhibitions, dinners, golf tournament, award presentations, tours and a host of others. The venue for Charity Golf Tournament; is the 18th Hole Championship Golf Course of the prestigious Windhoek Golf & Country Club.

The event seeks to promote further business corporation between Nigeria – Namibia and other African Countries as a follow up to the African Continental Free Trade Agreement.

 The summit will bring together high level top executives, CEOs, Managers, investors, the business community, government agencies, exporters and importers from oil and gas sectors from across Africa and the world.  To deliberate on the challenges and opportunities of the energy transition and the future of oil and gas in Africa

Further the purpose of the summit is to facilitate trade amongst African countries and the world by providing a physical networking platform for participants to interface with their potential clients and partners, as well as to attract investment opportunities for business growth across Africa particularly in the oil and gas sector.

Join 540+ downstream trailblazers across reliability & maintenance, shutdown & turnarounds and capital projects at the Namibian oil and Gas summit 2025 sharing exclusive lessons learned and new best practices during 3-days of interactive, peer-led discussions and explore 50+ booths showcasing the latest innovation driving efficiency and safety.                           

Green Energy International Ltd (GEIL), an indigenous Nigeria oil and gas producing company and operator of the Otakikpo Marginal Field in OML-11, will attend and participate as a Bronze sponsor at this year's edition of the conference. The company is one of Nigeria's most vibrant service companies driving investment and infrastructure development for economic growth.

Distributed by APO Group on behalf of African Peace Magazine.

For sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
Sandra Chia
International Affairs
+2348033975746
+447407399766

Email: africanpeacemag@gmail.com 

Nigeria Abuja Office:
Suite FT 12B
Alibro Atrium Plaza
Utako, Abuja
+2348033975746

South African Office:
16 Ridge Road
Vorna Valley
Midland 1686
South Africa
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Angola:
Call: +244928690892
+244993656970
+244927589884

London Office:
Call: +4477771217805
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LinkedIn: https://apo-opa.co/4kN8ckT

About African Peace:
African Peace Organization is an international organization for peace promotion, cultural relations, good governance and educational opportunities.

We build connections, understanding and trust between Africans and world. APO is also the organizer of the prestigious African Peace Awards.

APO is a brand which includes African Peace Television, African Peace Radio and African Peace Magazine. APO has been publishing for well over 15 years, and we are committed to promoting Peace, business networking, good governance and improved condition of living for Africans.

African Peace Organization through its Magazine condemns violence and acknowledges those who strive to make the strife disappear. It features pieces, articles and write-ups which go a long way in promoting this noble cause of peace. We at African Peace Magazine believe that every sector of a nation contributes in the collective journey of a peace country.

The IAEOG 2025 Summit will take place in August 2025; it will unveil investment prospects and connect global players to the growing Namibian oil and gas market.

Secure Your Exclusive Group Rate & Network with Global Oil & Gas Leaders in Namibia.

We would like to present an exclusive group booking rate for your attendance at IAEOG, buy 4 early bird delegate passes, and receive 1 complimentary pass. By joining us at the event, your team will gain market insights, forge essential connections, and meet our sponsors, partners, and speakers.

Africa Peace Magazine:
Website: https://AfricanPeace.org/
www.AfricanPeaceAwards.com
https://AfricanOilAndGasSummit.com/
www.IAEOGS.com

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23 March 2025

Creecy unveils private sector role in revitalising rail and port infrastructure

Location: News

Creecy unveils private sector role in revitalising rail and port infrastructure

Transport Minister Barbara Creecy has officially unveiled a groundbreaking Request for Information (RFI), aimed at transforming the country’s struggling rail and port infrastructure through strategic partnerships with the private sector.

“Today, I am launching an online request for information to develop an enabling environment for Private Sector Participation (PSP) and enhance investment in rail and port infrastructure and operations,” Creecy said during a media briefing on Sunday. 

The Minister described this decision as a significant step in government’s efforts to partner with the private sector, ensuring that the country’s rail network and ports reclaim their crucial role in enhancing trade and driving economic growth.

Creecy highlighted the urgent need for intervention, citing significant challenges, including infrastructure deterioration, vandalism, theft, underinvestment, and operational inefficiencies that have hindered economic growth. 

“The limited availability of State resources to fund infrastructure development and address backlogs has intensified these challenges, severely restricting the ability of State-Owned Entities (SOEs) to fulfill their critical mandates.,” she explained. 

The Minister told journalists that Transnet and government have received many “unsolicited“ proposals from the private sector offering investment skills and expertise to support the rehabilitation and reform of our struggling rail and port systems.

“This overwhelming interest has made it clear to the department and Transnet that we must engage in broad and inclusive market research before issuing requests for proposals in August this year.” 

However, according to the Minister, these processes are not formal procurement methods, but rather a mechanism to gather and analyse information from the market.

She stated that the government recognises the importance of understanding the freight logistics landscape from the perspective of interested and affected parties. 

The Minister believes that this will ensure that solutions are both effective and sustainable during this initial phase of PSP.

The RFI targets key mineral export routes, include the corridor from Northern Cape to Saldanha for iron ore and manganese exports, as well as the routes from Limpopo and Mpumalanga to Richards Bay for coal and chrome exports. 

In addition, there is an intermodal supply chain project that focuses on the container and automotive sectors.

This project encompasses the port, container, and automotive port terminals, as well as back-of-port arrangements and railway and inland terminals. 

It will also address the corridors connecting Gauteng and KwaZulu-Natal (Durban), Gauteng and Eastern Cape (East London, Port Elizabeth and Ngqura), and Gauteng and Western Cape (Cape Town). 

“The RFI represents a pivotal step forward in our shared commitment to building a 21st-century transport system that goes beyond mobility to strengthen industrial competitiveness, deepen regional integration, and drive inclusive economic growth.” 

Creecy believes this move will help the department express challenges in a structured and coherent manner, clearly defining their scope, context, and impact to guide the development of focused, strategic, and sustainable solutions.

Support for new and emerging players

Meanwhile, Creecy said the State has committed to principles of job retention, State asset ownership, localisation, and Broad-Based Black Economic Empowerment (BBBEE) and gender equality, by providing strong support to new and emerging players in the rail and port sectors. 

A dedicated PSP unit, to be hosted by the Development Bank of South Africa, will oversee the initiative.

The eight-week online consultation process, running from 24 March to 9 May 2025, aims to gather comprehensive market insights before issuing formal proposals in August. 

Stakeholders are encouraged to participate through the department’s website or dedicated online portal at www.psp-rfi.co.za, with all submitted information to be treated confidentially. 

“I encourage all Interested and affected parties to actively engage in this RFI process, contributing to the PSP unit’s efforts in shaping the potential PSP programme of projects and designing future bid packages for procurement,” she added. 

Government plans to release a second RFI focusing on passenger rail initiatives in May this year. – SAnews.gov.za

Gabisile
Sun, 03/23/2025 - 13:28
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20 March 2025

Nelson Mandela Bay sails to cruise industry growth

Location: News

Nelson Mandela Bay sails to cruise industry growth

The strong working relationship between the Nelson Mandela Bay Municipality (NMBM) and local tour guides and operators, has proven to be the key driving force for the booming cruise tourism industry within the city.

According to the Tourist Guide Association of Mandela Bay (TGAMB), which represents the tour guides and operators within Nelson Mandela Bay, the industry has seen drastic growth post-COVID-19, due to the ongoing good working relationship with the municipality. 

Luxolo Kanti confirmed that huge strides have been made within the tourism industry, with the "cruise industry as the catalyst and gateway” to the region’s broader tourism growth.

Kanti noted that the association, working with the municipality to rebuild the cruise industry, has seen more diversity and inclusiveness.

“A lot of emerging tour guides and operators have managed to get into the industry and thrive. Through a number of training programmes and workshops we have received on areas like Digital Marketing, Tourism Best Practice and Packaging of Cruise Tourism in South Africa, we have managed to acquire skills to market both the city and our businesses to attract more people to venture into the cruise tourism experience across the world,” he said.

Kanti also commended the municipality’s openness to the industry’s advice and contributions in policy development.
"In as much as we have made strides, there are still areas we need to improve on, both as the industry and the municipality, so that we can be competitive against other major cities.”

Successes 

Highlighting the success of the current cruise season, NMBM mayor, Babalwa Lobishe said  Nelson Mandela Bay has already received 34 cruise vessels which docked at the city’s ports, from the 45 scheduled for the season which started in November last year.

“In March alone, there has been seven cruise vessel dock-ins and five overnight stays, with three vessels still expected for this month. During the current cruise season, there will be 15 cruise vessels that will stay for more than one day. The cruise vessels for this season are expected to spend a combined total of 61 days,” Lobishe said.

The mayor also announced that the current cruise season is expected to generate significant economic benefits for the region, with a forecasted R100 million in economic spin-offs, an increase from R85 million during the 2023/24 season.

“This forecast is based on the anticipated 50 000 passengers who will be spending on tours, dining, shopping, and other cultural and heritage experiences across Nelson Mandela Bay. This influx of visitors will not only boost our local economy but also showcase the rich diversity and vibrant culture of our city,” the mayor said.

Appeal

In line with the city’s Tourism Master Plan, several initiatives are being pursued to enhance the region’s tourism appeal. These include the development of new cultural and heritage routes, the promotion of township tourism through community forums, and the expansion of events strategies aimed at attracting international visitors.

Member of the Mayoral Committee (MMC) for Economic Development, Tourism and Agriculture, Bassie Kamana, emphasised the municipality’s commitment to ensuring that the city remains a top destination for tourists and a thriving community for the residents.

According to Kamana, part of the work that the NMBM Tourism Sub-Directorate is doing is to create a conducive environment for the cruise industry to optimise on regional economic opportunities.

“Working with the vast tourism industry stakeholders, the metro encourages passengers to explore the full breadth of the region, including private game reserves, cultural and heritage sites, and local businesses.

“This is done to make sure that passengers do not just sleep over in the metro, but spend funds, explore and experience the region’s tourist attractions and create unforgettable memories,” Kamana said.

The MMC added that working with its development entity Mandela Bay Development Agency, Transnet, Eastern Cape Tourism, and other stakeholders, it has made strategic infrastructure investments to improve port facilities, tourism products and heritage sites. This is so as to ensure a seamless and welcoming experience for cruise tourists.

The NMBM has also paid special attention to tourist safety and hospitality by training and recruiting youth with a tourism background to work as tourism ambassadors. – SAnews.gov.za
 

 

GabiK
Thu, 03/20/2025 - 12:53
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Read moreNelson Mandela Bay sails to cruise industry growth
20 March 2025

UAE Investments Drive African Mining Growth

Location: News

Energy Capital & Power
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Ambrosia Enters Malian Market 

In February 2025, investment fund Ambrosia Investment Holding acquired a 50% stake in Canadian firm Allied Gold's mining projects in Ethiopia and Mali. As part of the deal, Ambrosia will inject $375 million in working capital to accelerate project development, boosting Ethiopia and Mali's gold output by 290,000 ounces per annum by mid-2026 and 400,000 ounces per annum by 2028, respectively. Additionally, Ambrosia plans to deploy solar photovoltaic and battery energy storage systems to ensure energy security at the Sadiola mine in Mali by July 2026 as part of the acquisition agreement. 

AD Ports Kickstarts Luanda Operations 

Logistics firm AD Ports Group started operations at the Luanda Port in January 2025 as part of a $250 million investment plan. With the Luanda Port handling 76% of Angola's cargo volumes and serving as a crucial trade corridor between international markets and Angola, Zambia and the Democratic Republic of Congo, AD Ports' investment will bolster the region's mining sector. AD Ports will operate the terminal over the next 20 years. The company could increase investments at the facility to $380 million to meet the growing demand for logistics as Angola's container volumes are anticipated to increase by 3.3% annually over the next decade. 

IHC Bolsters Production at Mopani Mine 

International Holding Company boosted ore production at the Mopani Mine in Zambia from 2.2 million tons to 2.8 million tons in January 2025 through its $1.1 billion investment made in March 2024. The mine has also improved copper grade from 1.68% to 2.21% and expanded employment from 10,765 to 12,684 workers. 

Emiral Expedites Ghana, Mauritania Projects 

Emiral Mining is fast-tracking its iron ore project in Mauritania, with a pre-feasibility study report set for release in Q1, 2025. The company has invested $40 million in exploration since February 2020. Additionally, Emiral Mining is strengthening Ghana's gold industry through its majority stake in Asante Gold Corporation, the operator of Ghana's major gold mines such as Bibiani and Chirano. Asante Gold Corporation is undertaking a $522 million expansion program for the Bibiani and Chirano Mines. 

Looking Ahead 

A number of UAE public and private sector entities are seeking partnership and investment opportunities across various African markets. International Resources Holding signed an agreement with South Africa's Public Investment Corporation in late 2024 to invest in mining, green energy and logistics projects. Similarly, DP World announced a five-year $3 billion investment plan in mid-2024 to enhance Africa's logistics infrastructure and facilitate mineral exports to international markets. In Kenya, the UAE Ministry of Investment and Abu Dhabi's sovereign wealth fund ADQ signed agreements in 2024 to invest in the country's mining sector as part of broader efforts to enhance bilateral trade and economic cooperation. 

The upcoming African Mining Week – taking place October 1-3 in Cape Town - presents an ideal platform for UAE and African stakeholders to strengthen industry cooperation. As the premier event for the African mining industry, African Mining Week fosters collaboration and dealmaking, striving to advance projects and consolidate the continent's position as a global mineral producer. The event takes place under the theme From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. 

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

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

Read moreUAE Investments Drive African Mining Growth
20 March 2025

Human Rights Festival celebrates liberation heroes

Location: News

Human Rights Festival celebrates liberation heroes

Constitution Hill will this weekend host one of Gauteng’s key events – the 2025 Human Rights Festival from 20 to 23 March 2025.

“Celebrating it’s 7th year, the event invites the public to commemorate South Africa’s Human Rights Day and celebrate the memory of those liberation heroes who took a stand for human rights in the Sharpeville 1960 massacre.

“The festival aims to build greater awareness and knowledge around human rights and to promote the importance of an active citizenry,” said Constitution Hill in a statement.

This as South Africa marks Human Rights Day on 21 March 2025. Deputy President Paul Mashatile will on behalf of President Cyril Ramaphosa, deliver the keynote address at the commemoration event scheduled to take place at the Derrick Ferreira Stadium, in Kariega.

The 2025 Human Rights Festival serves as both a global inspiration and a display of the strength of South Africa’s ubuntu culture in working towards a just and inclusive society. 

Civil society organisations have worked with Constitution Hill to shape a unique programme for the event. 

Hosted on the apron of the Constitutional Court and using venues in the Old Fort and Women’s Jail, the festival will bring together a public audience; community-based organisations; social movements; government and non-governmental organisations, and international organisations. 

The four-day event is free to all and gates open at 10h00 on all three days. 

On Thursday, Gauteng MEC for Economic Development Lebogang Maile will deliver a powerful public lecture at Constitution Hill’s Women’s Jail Museum to honour the life and legacy of Mama Winnie Madikizela-Mandela. 

The opening of Qhakaza: Pain Undefined Curated by Gift Kgosierileng, explores how Mama Winnie Mandela used fashion as a form of resistance and empowerment. 

“Through carefully selected pieces, photographs, and multimedia installations, the exhibition highlights how her iconic style became a tool for reclaiming agency and asserting dignity in the face of systemic oppression,” said the statement.

There will also be non-governmental organisation (NGO) capacity building sessions; learners programs and public dialogue sessions. The day will end with an NGO and film makers networking session. 

On Friday, the official opening ceremony will include the 1000 Drums for Solidarity. Drumming serves as a powerful tool to amplify marginalised voices and foster solidarity within community groups. 

There will be multiple interactive sessions including workshops and dialogues; family fun at the children’s village; a local authors book fair and book readings; film festival showcasing local and global talent; live poetry segments and a curated maker’s market.

A live show will take place from 17h00 – 21h00, headlined by renowned jazz artist Mandisi Dyantyis.

On Sunday, Constitution Hill invites the public to the last day of the event to take a stand and join together for Human Rights in the 8km WeThePeopleWalk Walk through the city with a fun filled program kicking off from 7am.

The walk will return back to the site for various activities and a local makers market. 

The festival takes place at Constitution Hill, formerly a site of prisons, where many great liberation leaders were incarcerated. 

Today Constitution Hill has been transformed into a beacon of light for democracy and social justice. A living museum that executes multiple education, creative development, human rights and constitutional public programs throughout the year. 

For more information visits www.humanrightsfestival.co.za. – SAnews.gov.za

 

Janine
Thu, 03/20/2025 - 10:23
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Read moreHuman Rights Festival celebrates liberation heroes
20 March 2025

The Africa Debate Returns to London

Location: News
Invest Africa

Now in its 11th year, The Africa Debate 2025 returns as London's leading Africa-focused investment forum, bringing together global policymakers, industry leaders, and investors at the prestigious Guildhall on 2 July 2025. 

At a time when Africa's economic transformation is at a critical inflection point, this year's debate will focus on “Harnessing Natural Capital for Growth.” With 60% of the world's richest solar resources and a wealth of critical minerals crucial to next-generation industries, Africa is positioned at the centre of the global energy transition. However, realising this opportunity requires more than just resource extraction. The focus must shift towards bold policy reforms, investment in value chains, and partnerships that promote industrial growth, ensuring Africa is not just a supplier of raw materials but a leader in global markets. 

“Africa is no longer defined by its raw materials - it is emerging as a global force in advanced industries, sustainable energy, and digital innovation,” said Chantelé Carrington, CEO at Invest Africa. “The challenge now is not just unlocking potential, but turning ambition into action. This year's debate will bring together visionary leaders and investors to shape the strategies that will drive Africa's next phase of economic transformation.”  

Key Themes Driving The Africa Debate  

This year's discussions will focus on four central themes shaping Africa's investment landscape:  

  • Africa's Role in Global Supply Chains: With demand for green energy and digital infrastructure surging, Africa has a unique opportunity to move up the value chain and position itself as a leader in advanced manufacturing and sustainable industrialisation. At The Africa Debate, we will explore the policies, investments, and trade agreements needed to ensure that Africa captures greater economic value from its natural capital rather than exporting it in its raw form. 
  • Mobilising Capital for Natural Resources: Unlocking Africa's vast resources requires smart, structured finance. Traditional funding models have fallen short in mobilising the capital needed for infrastructure, energy, and industrialisation. At The Africa Debate, we will examine how blended finance, innovative investment vehicles, and risk-mitigation tools can de-risk projects and bridge Africa's financing gap. 
  • Digitalising Natural Capital: Africa loses an estimated $88.6 billion annually to illicit financial flows, opaque commodity trading and resource mispricing. Could blockchain technology provide the transparency and security needed to capture fair value from resources? At The Africa Debate, we will explore whether blockchain and digital solutions can revolutionise governance in extractives, sustainable agriculture, and carbon markets. 
  • Industrialisation and Energy: Africa must triple its energy generation capacity by 2040 to meet growing industrial and consumer demand, yet investment in the energy sector remains fragmented and inconsistent. At The Africa Debate, we will explore bankable energy solutions—from renewables and gas to nuclear—and discuss the financing models needed to ensure Africa secures reliable, sustainable, and scalable energy for industrial growth. 

The Africa Debate 2025 offers a unique platform for deal-making, strategic discussions and networking that will shape the future of trade and investment across the continent. Attendees will gain exclusive insights from high-level industry leaders, investors, and policymakers driving Africa's economic transformation. Join us on 2 July 2025 at London's Guildhall for a day of unparalleled thought leadership and opportunity. Register now at The Africa Debate 2025 (https://apo-opa.co/4hj6zsc). 

Distributed by APO Group on behalf of Invest Africa.

Media Contact: 
Invest Africa 
Email: pippa.vanbreda@investafrica.com

Websites: 
Invest Africa: www.InvestAfrica.com
The Africa Debate: https://TheAfricaDebate.com

About The Africa Debate: 
The Africa Debate is London's premier investment forum dedicated to shaping the future of African trade, investment, and economic transformation. Now in its 11th year, the event serves as a critical platform for global businesses, investors, policymakers, and thought leaders to engage in high-level discussions on Africa's evolving role in the global economy. 

About Invest Africa: 
Invest Africa is a leading business and investment platform with over sixty years of expertise in Africa, dedicated to connecting businesses with unique opportunities across the continent. Their global network comprises more than 400 member companies, including multinationals, private equity firms, institutional investors, development finance institutions, professional service providers, government bodies, and entrepreneurs. With chapters in Kenya, South Africa, the UAE, the UK, and the US, Invest Africa leverages their global reach, market intelligence, and extensive network to support and connect businesses. As a trusted gateway into Africa, they drive socio-economic growth by facilitating sustainable capital flows and providing strategic insights through our membership, consultancy services, and dynamic events programme. 

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19 March 2025

A Competition to Drive Eswatini’s Artisans to Success

Location: News

International Trade Centre
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The European Union (EU) and International Trade Centre (ITC) launched a unique competition to empower Eswatini's artisans by providing game-changing support to small businesses. This collaboration, with a Toyota 2.8 GD6 vehicle as the grand prize, aimed at driving innovation, market expansion, and new opportunities.

When Bafanabethu ‘Bethu' Gina, Managing Director of Favourite Designs, entered the competition, he saw it as more than just an opportunity to win a vehicle worth close to €18,000 – it was a chance to accelerate his company's expansion.

Favourite Designs, a fast-growing furniture and décor manufacturing enterprise in Eswatini, has been paving its way in the artisan industry. He uses traditional techniques like grass weaving to create baskets, lamp shades and other homewares with a modern sensibility.

‘This vehicle is more than just a mode of transport – it's a game-changer for our business,' says Bethu. ‘It will allow us to reach new customers, access rural suppliers more efficiently, and expand into the South African market. Our goal is to triple our market size by leveraging this opportunity to grow beyond Eswatini.'

Preserving culture with innovation

Founded in Matsapha, Eswatini, Favourite Designs combines modern design principles with traditional Swati craftsmanship. The company works closely with rural artisans, particularly women, sourcing raw materials and helping to preserve Swati cultural identity through handcrafted pieces. Bethu sees his role not only as a designer and entrepreneur but as someone who inspires fellow artisans to integrate design thinking into their craft, making their products more competitive in the global market.

‘I love how Emaswati artisans have preserved our culture through beautiful, handcrafted work, passing down traditions from generation to generation,' he says. ‘I see Eswatini's artisan and design industry growing substantially in the next five years. But we need to inspire artisans – both aspiring and practicing – to intentionally apply design principles from conceptualization to realization. This will enhance product quality and make Eswatini crafts globally competitive while preserving our cultural heritage.'

Plans to scale are in motion

Favourite Designs is a key participant in the EU, ITC, and House on Fire Artisanal Incubator Programme, which nurtures emerging businesses in the handcraft and artisanal food sectors. Through this initiative, Bethu's company has:

  • Showcased work at major events like the MTN Bushfire Festival and Standard Bank Luju Food & Lifestyle Festival
  • Collaborated with international designers, including Finnish designer Mari Koppanen
  • Featured at prestigious international exhibitions, such as the Paris Design Show in 2024

The new Toyota 2.8 GD6 vehicle will expand these opportunities. It will help Favourite Designs connect with international buyers, attend trade shows, and access key regional markets like South Africa. He'd already been saving for a vehicle so that he can meet with his rural suppliers and make deliveries to customers. Now he can use those savings to invest in other parts of his business.

The EU seeks to foster space for enterprise creativity 

The EU and ITC structured this competition not just as a giveaway but as an opportunity to reward resilience and innovation.

‘Rather than a simple donation, we designed a competition to reward an entrepreneur who has demonstrated resilience and innovation,' said EU Ambassador to Eswatini, Karsten Mecklenburg. ‘Favourite Designs has shown exceptional growth potential, and we are confident this vehicle will be instrumental in their success.'

Bethu's winning competition entry video creatively told the company's story while addressing the competition's objectives. He structured the submission like a design brief, integrating a script, storytelling elements, and real footage from his journey with ITC since 2023.

‘I wanted to demonstrate the progress we've made as a result of ITC's intervention and how the vehicle would boost our operations and growth,' he explains. ‘The first minute of the video is a skit showcasing how we would use the vehicle, followed by three minutes of our ITC-supported journey, and a final call-to-action statement. I shot and edited everything using just my mobile phone.'

Favourite Designs is a shining example of how local businesses can scale internationally with the right support, vision, and innovation.

With a new vehicle and growing recognition, Favourite Designs is well on its way to becoming an international success story.

Distributed by APO Group on behalf of International Trade Centre.

Read moreA Competition to Drive Eswatini’s Artisans to Success
18 March 2025

Unlocking Opportunities for a Climate-Resilient Future

Location: News
African Development Bank Group (AfDB)

The African Development Bank Group (www.AfDB.org) participated in the third edition of the Africa's Green Economy Summit (AGES) (https://apo-opa.co/4izmWCf) in Cape Town, South Africa, from 18 – 21 February, 2025.

The annual Summit, hosted by the African Union, brought together policy makers, stakeholders, private sector and experts who discussed Africa's green transition and the urgent need for increased investment in climate resilience. The conference was held under the theme, “Building a Climate Resilient Africa: Catalysing Investment and Innovation in the Green and Blue Economies”. Discussions over the four days cut across five key areas: climate finance, biodiversity and nature, green reforms, resilient cities and green industrialisation.

With its vast renewable energy potential, abundance of critical minerals essential for the global energy transition, and a growing commitment to climate-smart solutions, Africa is very well placed to lead the way toward sustainable global growth. As it navigates a path towards fully realizing these boundless possibilities, against the backdrop of mounting climate challenges, there is increasing focus on the urgency of resource mobilization.

Dr. Anthony Nyong, Director of Climate Change and Green Growth at the African Development Bank and keynote speaker at the summit's opening ceremony, touched on this in his remarks. Affirming that “Africa has enormous opportunities to lead global efforts to transition to a green economy”, he added that, “To build a climate-resilient Africa, adaptation must be at the heart of our strategies. While global climate finance continues to prioritize mitigation efforts, adaptation remains significantly underfunded, receiving less than 10 percent of total climate finance flows.”

Calling for a tripling of Africa's climate finance flows and green investments, and for the right partnerships to underpin the financing, Nyong concluded that “Together, we can build an Africa that thrives in harmony with nature.”

A “platinum sponsor” for the summit, the Bank featured in a range of activities, discussions and roundtables, consistently demonstrating its leadership role in supporting Africa's countries transition to climate resilience and low carbon development, as articulated in the its Climate Change and Green Growth Framework 2021 – 2030.

Harsen Nyambe, Director of Blue Economy and Sustainable Environment at the African Union, emphasized the summit's role as “a vital link between global capital and sustainable projects on the continent.”

Barbara Buchner, Global Managing Director of Climate Policy Initiative, stressed the critical need for private sector engagement, highlighting that existing funding amounts to only about 23 percent of Africa's estimated climate finance needs, while only 18 percent of the continent's climate finance is from the private sector – a figure “much lower than in other regions.”

Maxwell Gomera, South Africa Resident Representative of the United Nations Development Programme, highlighted another key issue: “We've sent people to the moon, yet we still haven't solved the challenge of clean cooking. This is a business problem.”

“For the African Development Bank, driving green growth in Africa comes with challenges but also significant opportunities. In this regard, AGES presents a unique platform to spotlight Africa as a land of green economic opportunities in a range of sectors such as renewable energy, critical minerals, climate-smart agriculture, green cities, low-carbon and climate-resilient infrastructure, among others,” said Al Hamndou Dorsouma, Manager of Climate and Green Growth at the African Development Bank.

On Tuesday, 18 February, the Bank Group hosted a Masterclass on Carbon Markets in Africa, explored how carbon markets are becoming more stable and attractive for growth, and offering new opportunities for market entry and project development.

By leveraging platforms like AGES, Africa can strengthen partnerships, unlock funding, and implement policies that drive a sustainable and resilient future. With targeted investments and bold commitments, the continent has the potential to lead the way in shaping a low-carbon, climate-smart economy that benefits both its people and the planet.

Read and watch Anthony Nyong's interview, here (https://apo-opa.co/4bAIT1g)

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

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18 March 2025

Local procurement drives progressive change and creates jobs

Location: News

Local procurement drives progressive change and creates jobs

Local procurement is more than a policy instrument, it is a strategic lever that drives progressive change, creates jobs and ensures that belief in South African talent and resilience translates into tangible economic growth. 

This is according to Trade, Industry and Competition (dtic) Acting Director-General, Dr Malebo Mabitje-Thompson, who was speaking at the 13th annual Proudly South African Buy Local Summit and Exhibition, currently underway in Sandton, Johannesburg.

Speaking on behalf of Trade, Industry and Competition Minister, Parks Tau, Mabitje-Thompson underscored the critical role of local procurement in South Africa’s economic development and the need for a resilient domestic industry.

Reflecting on the Proudly South African campaign’s 24-year history, Mabitje-Thompson emphasised that buying local strengthens South Africa’s manufacturing sector and enhances the country’s ability to compete globally.

“We need to embrace local procurement for economic empowerment. Local procurement is more than a policy instrument, it is a strategic lever that drives progressive change, creates jobs, and ensures that our belief in South Africans' talent and resilience translates into tangible economic growth,” said Mabitje-Thompson.

She further emphasised the importance of ensuring that government agencies align with local procurement legislation, as demonstrated by entities such as Transnet, which have committed to investing in South African enterprises.

“When we procure locally, we bolster our economy and enhance its resilience. In a world where global supply chains are increasingly uncertain, it is vital that we can rely on our industries to supply our critical needs. 

“Local procurement is not about shutting out foreign markets, rather, it is about creating a foundation for sustainable economic growth that benefits all,” she said.

Mabitje-Thompson encouraged stakeholders to actively engage in discussions on policies that support industrial growth, including master plans, tariff measures and initiatives to combat illegal imports. 

She reiterated that while incentives and industrial financing play an essential role, they cannot replace the fundamental need for a strong and reliable domestic market.

The Buy Local Summit and Exhibition remains a pivotal platform for businesses, governments, and consumers to collaborate in fostering a thriving local economy. 

The dtic continues to support efforts that prioritise South African enterprises, ensuring their ability to grow and compete both locally and internationally. – SAnews.gov.za

 

Edwin
Tue, 03/18/2025 - 09:15
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Read moreLocal procurement drives progressive change and creates jobs
18 March 2025

Can JP Van Der Walt’s 42.935 Seconds Record From 2024 Be Beaten?

Location: Sport

Exciting manufacturer entries in Road Car and Supercar category from BMW, MINI, Opel and Suzuki, along with Mercedes-AMG and MG in class A8 for hybrids and EVs Dazzling array of desirable supercars encompassing Audi, Ferrari, McLaren and Porsche, along with a strong contingent of exclusive Shelby Mustangs  New King of the Hill winner will be […]

Read moreCan JP Van Der Walt’s 42.935 Seconds Record From 2024 Be Beaten?
17 March 2025

SA is addressing port challenges, says Deputy President 

Location: News

SA is addressing port challenges, says Deputy President 

Deputy President Paul Mashatile has assured executives from Isuzu Motors Limited’s headquarters in Japan that South Africa is actively working to resolve its port and infrastructure issues.

This comes in the wake of significant congestion, infrastructure shortfalls, and equipment failures at the country’s major ports, which have affected both import and export operations.

“I am pleased to report that we have dealt with energy issues that affected our economy,” the Deputy President said on Monday. 

The Deputy President spoke at the Isuzu Fujisawa Plant where he is currently on a working visit with a delegation that includes Ministers, Deputy Ministers, and senior government officials. 

READ | Deputy President Mashatile arrives in Japan for a working visit

The purpose of the visit is to strengthen cooperation between the two nations in areas of mutual interest.

The multinational corporation that manufactures commercial vehicles, diesel engines, and automotive parts has a significant presence in South Africa. 

As a Japanese automobile manufacturer, Isuzu has been in South Africa for a long time and is well-known for its trucks and bakkies.

“As a country, we are honoured that the Isuzu Motors South Africa Struandale Plant in Gqeberha, in our Eastern Cape province, is the first fully-owned plant outside Japan whereas in other countries Isuzu produces vehicles through joint ventures and license agreements.

“This shows great confidence in our country and our people for the skills necessary to produce these trucks and bakkies.” 

According to the Deputy President, the Struandale Plant produces 28 500 vehicles per annum and has dealerships across 26 countries in Africa. 

With the Africa Continental Free Trade Area (AfCFTA), the Deputy President stated that the continent has created even more opportunities for Isuzu to export and operate in over 54 countries that have signed the agreement.

The AfCFTA creates the largest single free trade business area, with 1.3 billion people and a gross domestic product (GDP) of US$3.4 trillion. 

Isuzu also exports to the European Union (EU) under the Southern African Development Community (SADC) -EU Economic Partnership Agreement, in addition to being active in Africa. 

“Therefore, South Africa is the place to be, indeed a gateway into the continent and the rest of the world including Japan under the generalised system of preferences.” 

The country’s second-in-command described Isuzu as a model investor in South Africa, contributing to employment, skills development, and supplier and enterprise development.

“I also understand that Isuzu contracted 107 suppliers with over 700 parts being localised in South Africa and some integrated into Isuzu global supply chains,” he said, adding that Isuzu achieved Level 1 Broad-Based Black Economic Empowerment (BBBEE). 

He informed the delegation that the government, through the Automotive Production Development Programme, has provided essential support to Isuzu.

During the working visit, the Deputy President and his delegation will engage with the business community in Japan to enhance economic relations.

They will focus on key areas such as manufacturing and machinery, mining and mineral beneficiation, energy cooperation, the automotive industry, and improving market access for South Africa’s agricultural products.

He is also expected to meet with Dr Akihiko Tanaka, the President of the Japan International Cooperation Agency (JICA) today. 
JICA is a government agency that is actively involved in various development projects in South Africa. 

On Tuesday, he will pay a courtesy visit to Prime Minister Ishiba Shigeru of Japan and visit the Meiji Jingu Shinto Shrine. – SAnews.gov.za
 

 

Gabisile
Mon, 03/17/2025 - 11:45

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Read moreSA is addressing port challenges, says Deputy President 
17 March 2025

Deputy President Mashatile arrives in Japan for a working visit

Location: News

Deputy President Mashatile arrives in Japan for a working visit

Deputy President Paul Mashatile arrived at Narita International Airport in Tokyo, Japan, on Sunday for a working visit aimed at strengthening the cooperation between South Africa and Japan in areas of mutual interest.

According to the Presidency, the two countries have strong diplomatic relations, particularly in trade, investment, education, and science and technology.

“Japan is one of South Africa’s major economic partners with a sizeable investment in the South African economy, and potential for increased investment exists,” the statement read. 

During the working visit, the Deputy President and his delegation will engage with the business community in Japan to enhance economic relations. 

They will focus on key areas such as manufacturing and machinery, mining and mineral beneficiation, energy cooperation, the automotive industry, and improving market access for South Africa’s agricultural products.

The Deputy President and his delegation will visit the Isuzu Fujisawa Plant in Japan on Monday, 17 March 2025. 

Isuzu is a multinational corporation that produces commercial vehicles, diesel engines, and automotive parts, and it has a significant presence in South Africa.

During this visit, the Deputy President will meet with Dr Akihiko Tanaka, the President of the Japan International Cooperation Agency (JICA). 

JICA is a government agency that is actively involved in various development projects in South Africa.

On Tuesday, 18 March 2025, the Deputy President and his delegation will have a breakfast meeting with the Japan-African Union Parliamentary Friendship League, which aims to promote economic cooperation and trade between Japan and African countries. 

In addition, he will pay a courtesy visit to Prime Minister Ishiba Shigeru of Japan and visit the Meiji Jingu Shinto Shrine.

The Deputy President is expected to deliver a keynote address at the United Nations University, focusing on the theme “South Africa’s G20 Presidency: Solidarity, Equality, Sustainability – a Conversation with Japan”.

On Wednesday, 19 March 2025, the Deputy President and his team will participate in roundtable discussions hosted by the Japan External Trade Organisation (JETRO) and the Japan Organisation for Metals and Energy Security (JOGMEC).

The Deputy President will also host South African Rugby players based in Japan at the South African official residence. 

The Deputy President is supported by several officials including the Deputy Minister of International Relations and Cooperation Thandi Moraka; the Minister of Sport, Arts and Culture Gayton McKenzie; the Minister of Higher Education Dr Nobuhle Nkabane; the Minister of Agriculture John Steenhuisen; the Minister of Trade, Industry and Competition Parks Tau and the Deputy Minister of Science, Technology and Innovation Nomalungelo Gina. – SAnews.gov.za

 

Gabisile
Mon, 03/17/2025 - 08:50
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Read moreDeputy President Mashatile arrives in Japan for a working visit
16 March 2025

Deputy President Mashatile Arrives in Japan on a Working Visit

Location: News

The Presidency of the Republic of South Africa
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Deputy President Shipokosa Paulus Mashatile has today, 16 March 2025 arrived at Narita International Airport in Tokyo, Japan on a Working Visit aimed at reaffirming the strong cooperation between South Africa and Japan in areas of mutual interest.

The two countries enjoy well-established diplomatic relations which are particularly strong in the fields of trade and investment, education, science and technology.

Japan is one of South Africa's major economic partners with a sizeable investment in the South African economy, and potential for increased investment exists.

During the working visit, the Deputy President and delegation will engage the business community in Japan with the objective of strengthening economic relations in areas such as manufacturing and machinery, mining and mineral beneficiation, energy cooperation, the automotive industry and greater market access for South Africa's agricultural products, amongst others. 

In this regard, the Deputy President and delegation will on Monday 17 March 2025 visit the Isuzu Fujisawa Plant Service, a Japanese multinational corporation that produces commercial vehicles, diesel engines and automotive parts, and has a significant presence in South Africa.

The Deputy President will also meet with Dr. Akhiko Tanaka, President of the Japan International Cooperation Agency (JICA), a Japanese government agency that has been actively involved in various development projects in South Africa. 

On Tuesday, 18 March 2025, the Deputy President and delegation will have a breakfast meeting with Japan-African Union Parliamentary Friendship League, which seeks to promote economic cooperation and trade between Japan and African countries. 

Furthermore, the Deputy President will pay a courtesy call on His Excellency Prime Minister Ishiba Shigeru and visit the Meiju Jingu Shinto Shrine.

The Deputy President will also deliver a keynote address at the United Nations University under the theme "South Africa's G20 Presidency: Solidarity, Equality, Sustainability - a conversation with Japan.

On Wednesay 19 March 2025, the Deputy President and delegation will participate in Roundtable Discussions hosted by the Japan External Trade Organisation (JETRO) and Japan Organisation for Metals and Energy Security (JOGMEC).

The Deputy President will also host South African Rugby players based in Japan at the South African Official Residence. 

The Deputy President is supported by the Deputy Minister of International Relations and Cooperation, Ms. Tandi Moraka; the Minister of Sport, Arts & Culture, Mr. Gayton McKenzie; the Minister of Higher Education, Dr. Nobuhle Nkabane; the Minister of Agriculture Mr. John Steenhuisen; the Minister of Trade Industry and Competition, Mr. Parks Tau; and the Deputy Minister of Science, Technology and Innovation, Ms. Nomalungelo Gina.

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

Read moreDeputy President Mashatile Arrives in Japan on a Working Visit
16 March 2025

Businesses encouraged to operate ethically

Location: News

Businesses encouraged to operate ethically

Mpumalanga MEC for Economic Development and Tourism, Makhosazane Masilela, has called on businesses to “go above and beyond” to demonstrate ethical business practices.

The MEC was speaking at the commemoration of World Consumer Rights Day (WCR), held at the University of Mpumalanga, on Saturday.

“As we celebrate this significant day, we are reminded of the central role that consumers play in our economy, and the critical need to protect their rights, while also encouraging businesses to operate ethically, responsibly, and with integrity. 

“It is not enough to simply adhere to the bare minimum of legal requirements; businesses must go above and beyond to establish a culture of fairness, respect, and responsibility,” Masilela said.

World Consumer Rights Day is celebrated annually on the 15th of March, as a means of raising global awareness about consumer rights and needs. 

Celebrating the day is a chance to demand that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices which undermine those rights.

The National Consumer Commission held the commemoration in partnership with the Competition Commission of South Africa, the Mpumalanga Department of Economic Development and Tourism, and various regulatory bodies, under the umbrella of the Consumer Protection Forum (CPF).

The WCR was celebrated under the theme “Empowering Consumers—Balancing Rights with Ethical Business Practices”.

Acting Commissioner of the NCC, Hardin Ratshisusu, emphasised the ongoing need to intensify efforts in addressing the sale of expired food items in local spaza shops.

“Recent inspections on local spaza shops in various communities have revealed expired food items on shelves, prompting their removal and destruction. 

“It is important we continue with this work given the recent spate of foodborne illnesses affecting the most vulnerable consumers in our society – our children,” Ratshisusu said.

Competition Commission Acting Head of Advocacy, Andile Gwabeni, emphasised the importance of the Competition Act in ensuring a competitive market.

“We understand that a fair and competitive market inherently protects consumers…and we therefore see consumer welfare as a direct output of our work,” he said. – SAnews.gov.za

NeoB
Sun, 03/16/2025 - 14:40
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Read moreBusinesses encouraged to operate ethically
14 March 2025

North West takes steps to tackle unemployment

Location: News

North West takes steps to tackle unemployment

Over 24 000 job opportunities are expected to help tackle the unemployment challenge in the North West province.

This was revealed during a roundtable discussion involving North West Premier Lazarus Kagiso Mokgosi, Deputy Minister of Employment and Labour Judith Nemadzinga-Tshabalala, as well as representatives from organised labour, business, and civil society.

The initiative, which involves collaborative work between the North West Provincial Government and the Department of Employment and Labour, will be implemented through a Labour Activation Plan (LAP). 

The LAP initiative, funded by the Unemployment Insurance Fund (UIF), aims to enhance employability, enable entrepreneurship, and preserve jobs through skills training, enterprise development, and other intervention measures. 

“This initiative has been in the pipeline for some time, and I am happy that it is coming to fruition. This is one of the policy announcements I made during the State of the Province Address [SOPA] to help find solutions to high levels of unemployment in the province,” Mokgosi said on Thursday. 

In the SOPA delivered last month, the Premier reaffirmed the government’s commitment to creating job opportunities through public employment programs, such as expanded public works, community health workers, community works, and labour activation programmes.

These initiatives aim to create over 150 000 job opportunities in the next five years, targeting women, youth, and persons with disabilities.
READ | Over R20 million allocated to boost North West economy 

At the roundtable, Deputy Minister Nemadzinga-Tshabalala said the roll-out of the programme is in full swing in various provinces and that the North West is the latest beneficiary.

“Young people will be trained in various fields such as engineering, agriculture and artisanal work in preparation for the job market and consequently placed in various industries,” Nemadzinga-Tshabalala added. – SAnews.gov.za

 

Gabisile
Fri, 03/14/2025 - 09:36
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Read moreNorth West takes steps to tackle unemployment
13 March 2025

Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce

Location: Business
Access Bank PLC

Access Bank PLC (www.AccessBankPLC.com) successfully hosted the inaugural Africa Trade Conference in Cape Town, South Africa, bringing together industry leaders, policymakers, and trade experts to drive solutions for accelerating intra-African trade and unlocking the continent's economic potential. The conference tackled critical challenges, including limited access to capital, market information gaps, trust deficits between trading partners, and the urgent need for modernised trade infrastructure.

Roosevelt Ogbonna, Managing Director/CEO of Access Bank, delivered the opening remarks, setting the tone for discussions by highlighting the critical barriers hindering trade across Africa. He emphasised the urgent need for financial sector collaboration to facilitate seamless access to capital and foster a business environment where African enterprises can scale and compete globally.

“We must invest in the initiatives that ensure that we can bring businesses together, forge trust, and create the connections necessary for trade. In doing so, we must stamp out the narrative that 'Made in Africa' is inferior to any product made anywhere else in the world. We must buy Africa, be proud to wear Africa, and invest in Africa because that is what the continent needs to leap forward into the next generation,” Ogbonna stated.

With Africa's population projected to surge to 2.5 billion by 2050 from 1.2 billion, the African Continental Free Trade Area (AfCFTA) stands as the most significant free trade initiative since the formation of the World Trade Organisation. By fostering economic integration, AfCFTA has the potential to reshape trade dynamics across the continent, creating a unified market that enhances industrialisation, boosts employment, and strengthens Africa's global competitiveness. Recognising this transformative opportunity, H.E. Wamkele K. Mene, Secretary-General of AfCFTA, emphasised the urgency of fully implementing the agreement to unlock its immense benefits.

"The AfCFTA is not just a trade agreement; it is an instrument for Africa's industrialisation and economic sovereignty. It is a tool that will enable us to break down historic trade barriers and build an Africa that is self-sufficient, competitive, and prosperous. But for this to happen, we must commit to operationalising the agreement fully, ensuring that businesses, particularly SMEs and women-led enterprises, have access to the information, capital, and platforms they need to thrive,” Mene stated.

Also, Kanayo Awani, Executive Vice President of Afreximbank, emphasised the importance of financing mechanisms that support African businesses in their expansion across borders. She reaffirmed Afreximbank's commitment to championing trade finance solutions and infrastructure investments that will unlock Africa's trade potential.

“At Afreximbank, we understand that trade finance is the lifeblood of economic development. Without it, businesses cannot scale, industries cannot innovate, and Africa cannot fully realise its trade potential. This is why we have developed instruments such as the Pan-African Payment and Settlement System (PAPSS) to facilitate seamless transactions across borders, reducing reliance on foreign currencies and strengthening intra-African trade,” Awani remarked.

The conference featured an insightful testimonial from Nathalie Louat, Global Director at the IFC/World Bank Group, who pointed out the pivotal role of trade finance in enabling cross-border transactions and supporting financial inclusion. She underscored the long-standing partnership between IFC and Access Bank in fostering Africa's economic resilience.

Several high-level panel discussions explored strategies to overcome trade barriers and enhance market access through innovative solutions. Experts from leading institutions, including Deutsche Bank, Traydstream, OWP Partners, Fiducia International, and more, examined how infrastructure improvements, digital solutions, and policy harmonisation could drive economic growth and boost intra-African trade.

Dr. Marc Auboin from the World Trade Organization (WTO) shared key insights on how digital transformation is reshaping Africa's supply chain landscape, creating efficiency and unlocking new global market opportunities. Tanya Dos Santos-Ford from GIBS Business School also led a session on sustainable trade practices, emphasising the need for environmentally responsible economic growth strategies.

The event culminated in an awards ceremony recognising outstanding contributions to intra-African trade and economic transformation. Tradepass Commodities Limited (Ghana), Chemaf International FZE (DR Congo), and Harvest Group of Companies (Zambia) were honoured for their impact on SMEs and women-led trade enterprises. Bulkstream Limited (Kenya) and Electricidade de Moçambique (Mozambique) received awards for advancing intra-African trade, while Tennant Metals South Africa Pty Ltd was recognised as an Emerging Leader in Trade.

The International Finance Corporation (IFC) was awarded the Climate Finance Leadership Award, while Afreximbank received the Champion of Intra-African Trade Award. The African Development Bank (AfDB) and Africa Finance Corporation (AFC) were celebrated for their roles in economic transformation and infrastructure finance, respectively. The prestigious African Icon Award was presented to IHS Group, Dangote Industries Limited, and MTN Group Limited for their significant contributions to Africa's economic progress.

As the conference ended, Seyi Kumapayi, Executive Director, African Subsidiaries at Access Bank, reaffirmed the institution's commitment to supporting trade finance, fostering regional integration, and championing policies that create an enabling environment for businesses across Africa.

For inquiries:

  • Olakunle Aderinokun 
    olakunle.aderinokun@theaccesscorporation.com

Distributed by APO Group on behalf of Access Bank PLC.

About Access Bank PLC:
Access Bank PLC, a wholly owned subsidiary of Access Holdings PLC, is a leading full-service commercial bank operating through a network of more than 700 branches and service outlets spanning three continents, 24 countries and over 60 million customers. The Bank employs over 28,000 people in its operations in Africa and Europe, with representative offices in China, Lebanon, India, and the UAE.

Access Bank's parent company, Access Holdings PLC, has been listed on the Nigerian Stock Exchange since 1998 (now Nigerian Exchange (NGX)). The Bank is a diversified financial institution which combines a strong retail customer franchise and digital platform with deep corporate banking expertise, proven risk management and capital management capabilities. The Bank services its various markets through three key business segments: Corporate and Investment Banking, Commercial Banking, and Retail Banking. The Bank has enjoyed what is Africa's most successful banking growth trajectory in the last 20 years, becoming one of the continent's largest retail banks.

As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant, helping customers to access more and achieve their dreams.

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13 March 2025

China-Africa Business Ties a Key Focus

Location: News
African Energy Chamber

China has reaffirmed its commitment to supporting Africa's drive for enhanced energy access and industrialization, according to speakers at the Invest in African Energies Shanghai Forum. Leveraging China's expertise in technology-driven oil, gas and energy development, African firms can tap into a valuable partnership and greater investment by Chinese firms would further efforts to make energy poverty history in Africa.

With over 600 million people living without access to electricity and 900 million people without access to clean cooking solutions, Africa is seeking to leverage global partnerships to fast-track energy production and development. China stands to play a major part in facilitating this growth and the Shanghai Forum - co-organized by the African Energy Chamber (AEC) and the Shanghai Development Research Foundation - drew insight into strategic areas of collaboration.

“We want to see investments in African energy. The AEC will continue to support Chinese businesses that want to invest in China and give you the priority needed for you to invest in our beautiful continent,” stated NJ Ayuk, Executive Chairman, AEC. 

For emerging African players seeking to unlock the full potential of their underdeveloped resources, Chinese partnerships have the ability to unlock new capital and technology to advance projects. Partnerships also serve to support mature players enhance their production capacity as Africa drives long-term energy development. Phuti Joyce Tsipa, Consul General, South African Consulate-General Shanghai, highlighted the value of enhanced cooperation with China.

“Together, China and South Africa can work towards building a high-quality international community that can work on a prosperous future, centered on balanced economic growth. Increased energy investment in Africa is at the heart of our future prosperity. We see China as a critical country to partner with, not only with South Africa, but the entire continent,” she said.  

The Shanghai Forum sought to bolster China-Africa relations by facilitating market entry and expansion by Chinese firms in Africa. The Forum featured the participation of 100 companies, including consulates, private firms, investors and policymakers, with presentations centering on opportunities for Chinese firms in Africa, strategies for advancing African industrialization and electrification and the impact Chinese technology will have on the African energy market.

Dr. Bieni Da, Chief Representative for China at the AEC and Yide Qiao, Vice Chairman and Secretary General, Shanghai Development and Research Foundation, underscored the need to facilitate energy ties between China and Africa. According to Qiao, “China has strong technology in green energy and cooperation can be extended to Africa.”

Chinese firms are leading in terms of innovative, low-carbon energy solutions. With a national goal of becoming carbon neutral by 2060, China is supporting domestic companies through policy improvements, capital and research and development. Africa stands to leverage this expertise to advance its own development agenda. This expertise extends to the oil and gas sectors and Chinese companies have begun to expand their footprint in Africa.

Dr. Wang Zengye, Deputy Director-General of Policy Research Office, China National Petroleum Corporation (CNPC) provided an overview of the projects CNPC has led in Africa. He said: “Bilateral relationships between China and Africa is already quite strong and high-level cooperation has been established. This ensures that investment can flow.”

China has also effectively established industrial hubs which support the economy by centralizing manufacturing. Bi Mingze, CFO of Yunan County Chuangxing Industrial Investment Group, said that the company has established an industrial hub in Yunan in China. This hub can be replicated across Africa.

The Shanghai Forum served as a prelude to the African Energy Week (AEW): Invest in African Energies conference, slated for September 29 to October 3 in Cape Town. As the largest event of its kind in Africa, AEW: Invest in African Energies fosters collaboration and investment in Africa. For Chinese companies, the event offers a strategic opportunity to gain insight into African projects while strengthening ties with African firms.

“If you work in any energy field, we are able to help you connect with key stakeholders. We support policy that enhances local content and infrastructure development. It is time to invest in Africa,” stated Johnson Kayode Obembe, Sales Director, African Energy Week.

Distributed by APO Group on behalf of African Energy Chamber.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

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13 March 2025

SA focuses on improving diplomatic relations with United States

Location: News

SA focuses on improving diplomatic relations with United States

Deputy President Paul Mashatile says South Africa is working on stabilising relations with the United States of America (USA), given the long-standing ties between the two nations.

Addressing the 7th BizNews Conference (BNC#7) at the Hermanus Municipal Auditorium in the Western Cape, on Thursday, the Deputy President said this partnership is also significant to South Africa's economic development goals.

The BizNews Conference is an annual event focused on investment, business and political issues.

The Deputy President emphasised the need for collaborative efforts, in light of recent cuts to key health funding programmes, such as the President’s Emergency Plan for AIDS Relief (PEPFAR).

PEPFAR was established by former President George W Bush in 2003 and continued under various administrations.

“The withdrawal of PEPFAR funding highlights the urgent need for South Africa to further strengthen its own interventions to reach the most vulnerable and access health services and support," Mashatile said.

He said the opportunity showed the importance of bolstering the country's own healthcare interventions and ensuring the delivery of health services without heavy reliance on external assistance.

"In this regard, we have been investing heavily in healthcare reform and responding to the dual epidemics of HIV/AIDS and TB. The Department of Health has put measures in place to ensure that patients receiving TB and HIV treatment are not affected and do not default," said the Deputy President.

Mashatile encouraged stakeholders to unite and support government in promoting South Africa's interests in the United States, including through mechanisms such as the African Growth and Opportunity Act (AGOA).

"The loss of AGOA benefits would have the most devastating effect on South African farmers and agriculture workers. AGOA is presently providing support to South Africa's agriculture and manufacturing sectors, which is expected to generate around $21 billion in trade with the United States.

“Therefore, our position is that South Africa should maintain strong bilateral relations with the United States. Most importantly, as a country, we are committed to improving mutually beneficial trade, political, and diplomatic relations with the United States,” he said. 

Diversifying export markets and growing the economy

The country’s second-in-command stated that South Africa should push for diversified export markets, citing ongoing engagement with global powers such as China, Russia, India, and various European countries. 

President Cyril Ramaphosa is currently co-chairing the EU-South Africa Summit, which aims to deepen relations with the European Union (EU) across several domains, including trade, security, and sustainable development.

In addition, Mashatile highlighted the importance of intra-African trade and financial cooperation through the African Continental Free Trade Area (AfCFTA). 

According to the Deputy President, the AfCFTA is a crucial step toward reducing dependency on volatile global markets.

Mashatile believes that South Africa’s wealth of natural resources, including significant agricultural potential, is positioned as an attraction for investment. 

He said government is committed to removing blockages to economic growth, lifting economic expansion to above 3% in the medium-term, and creating a cycle of investment, growth and jobs.

He outlined government’s plans to focus on improving productivity and innovating skills development through the National Digital and Future Skills Strategy as part of a broader vision for a knowledge-based economy.

Furthermore, he said the newly approved Reconceptualised Human Resource Development Strategy outlines priority goals aimed at enhancing early education outcomes, increasing youth employability, and ensuring that higher education aligns with market demands. 

FATF grey list

The Deputy President said South Africa is making steady progress in efforts to be removed from the Financial Action Task Force (FATF) grey list.

"Through new legislation, we have strengthened our ability to prevent money laundering and fraud, and secure South Africa’s removal from the grey list of the Financial Action Task Force."

He said the country has addressed 20 of the 22 action items relating to combating money laundering and terrorist financing. 

“These improvements are essential not only to remove ourselves from the grey list but also to strengthen the battle against crime and corruption, which is crucial for the betterment of all South Africans. 

“We will continue to resolve both remaining action items by June, towards our removal from the grey list by October 2025,” he said.

Moreover, the Deputy President committed that South Africa will use its Group of 20 (G20) Presidency to place Africa’s development at the top of the agenda. – SAnews.gov.za

Gabisile
Thu, 03/13/2025 - 13:52
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Read moreSA focuses on improving diplomatic relations with United States
13 March 2025

South Africa successfully hosts key G20 Working Groups and Task Force Meetings

Location: News

South Africa successfully hosts key G20 Working Groups and Task Force Meetings

As part of its G20 Presidency, South Africa has successfully hosted a series of high-level G20 working groups and task force meetings during this month, focusing on global challenges such as corruption, food security, disaster risk reduction, agriculture, and tourism.

The first Anti-Corruption Working Group Meeting, held in Cape Town from 3 to 5 March 2025, focused on mechanisms to enhance the implementation of legal instruments to fight corruption. 

Cabinet said in a statement that this meeting was an opportunity for participants to establish the agenda and lay the groundwork for future discussions, encouraging dialogue and collaboration to strengthen anti-corruption strategies. 

“During this meeting, participants discussed and agreed on these several key priorities which are strengthening Public Sector Integrity; Increasing Asset Recovery Efficiency; Inclusive Participation; and Whistle-Blower Protection,” Cabinet said.

Agriculture Working Group

The First Agriculture Working Group Meeting, held virtually on 3 and 4 March, discussed critical issues that affect agricultural stakeholders worldwide and agreed on priorities for the year ahead. 

The group established four key priorities:

  • Promoting inclusive market participation and food security;
  • Empowering youth and women in agrifood systems;
  • Fostering innovation and technology transfer and
  • Building climate resilience for sustainable agriculture

Tourism Working Group

On 5 March, the First Tourism Working Group Meeting, also held virtually, deliberated on how tourism can be used to change people’s lives, communities and the world. 

The group also identified four focus areas for the year ahead namely:

  • Leveraging People-Centered Artificial Intelligence (AI) and Innovation to support travel and tourism start-ups and SMMEs,
  • Enhancing tourism financing and investment to promote equality and sustainability,
  • Improving air connectivity for seamless travel, and
  • Boosting resilience for inclusive, sustainable tourism development.

Disaster Risk Reduction Working Group

First Disaster Risk Reduction Working Group Meeting also held virtually on 5 March, discussed the acceleration of early warnings for all initiatives which is a key global target set by the United Nations and reinforced the implementation of the Sendai Framework for Disaster Risk Reduction 2015-2030. 

“South Africa sees this meeting as a key international forum to drive the agenda of a shared responsibility to build resilience, strengthen our cooperation, and drive meaningful action that is needed to prevent an escalation or exacerbation of risk,” Cabinet said. 

Key priorities included:

  • addressing Inequalities and Reducing Vulnerabilities
  • Global Coverage of Early Warning Systems
  • Disaster Resilient Infrastructure
  • Financing for Disaster Risk Reduction
  • Disaster Recovery, Rehabilitation and Reconstruction; and
  • Ecosystems-Based Approaches for DRR/Nature-Based Solutions. 

Food Security Task Force

The First Task Force Meeting on Food Security, held virtually on 5 March, discussed policies and programs to improve food security. 

“Participants agreed to build a stronger, fairer, and more sustainable food system. They also committed to address key challenges like trade barriers, funding for food production, and the impact of climate change on food supply chains,” Cabinet said. 

Some of the priorities outcomes discussed are the following: 

  • Stronger food security policies
  • Stable food prices
  • Clear regulations & standards
  • G20 Action Plan for Food Security; and
  • Ministerial approval & implementation

G20 Outreach Programme

On 7 March 2025, the G20 Outreach Programme was held at the University of Venda in Thohoyandou, to encourage public engagement in South Africa’s G20 presidency.

Citizens were urged to welcome international delegates, promote South Africa’s cultural heritage, and share positive narratives about the country.

“The gathering was used to encourage the people of this country to get involved in welcoming our guests to the country as we continue to host meetings in various parts of the country and to promote their culture and heritage. South Africans were also encouraged to tell a good story about their country,” Cabinet said. 

The following G20 Working Groups and Task Forces meetings are scheduled to take place until the end of March 2025: 

  • First Task Force Meeting: Inclusive Economic Growth, Industrialisation, Employment, and Reduce Inequality: 17 March 2025 – virtual.
  • First Trade and Investment Working Group Meeting: 18-20 March 2025 – virtual.
  • Second Health Working Group: 26-28 March 2025 – Durban.
  • First Climate and Environment Sustainability Working Group Meeting: 25-28 March 2025 – virtual.

For more information on these various G20 meetings and their outcomes can be accessed on www.g20.org OR www.g20.org.za– SAnews.gov.za

DikelediM
Thu, 03/13/2025 - 15:15
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