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Eskom records 200 consecutive days of no load shedding

Location: News

Eskom records 200 consecutive days of no load shedding

Eskom has recorded 200 days without implementing load shedding in South Africa, with the last day of load shedding being on 26 March this year.

The power utility on Sunday said the implementation of the Generation Operational Recovery Plan has yielded a reduction of [about] 8.6% in unplanned outages, and an improvement in the Energy Availability Factor by [about] 7.7%.

“The plan is projected to contribute to a potential 2% growth in the South African economy and improve Eskom’s financial performance for the financial year 2025,” Eskom said.

Eskom Group Chief Executive Dan Marokane called it a “significant moment”.

“We are in an incredibly exciting industry at a moment of tangible change. In preparation for a competitive electricity market, this is a significant milestone to ensure energy security and attracting investment to South Africa. 

“We are days away from a further milestone that demonstrates the stability of our fleet... We are on track to reach 206 days [on Saturday] without load shedding, a result we last delivered five years ago on 15 October 2019,” Marokane said.

The power utility’s Group Executive for Generation, Bheki Nxumalo, praised Eskom officials for the work they have put in to address load shedding. 

“The dedication of all Eskom employees has been crucial in driving these positive outcomes, and their contributions are clearly reflected in today’s results. 

“We wish to convey our thanks to all our employees for reaching this achievement and we recognise that this is the result of immense hard work and time spent away from friends and families to deliver a national imperative in a high pressure turnaround environment,” Nxumalo said.

Eskom Board Chairperson, Mteto Nyati, explained that when it came in, the board conducted an “independent investigation and consulted with power station management using a data-driven approach to create the Generation Recovery Plan”. 

“Today’s achievement is a testament to the dedication and hard work of our entire team in implementing this plan. It demonstrates that with the right leadership, strategic planning and unwavering commitment, we can overcome even the most daunting challenges. 

“Eskom’s journey towards a stable and reliable power supply is well on track, and we remain focused on sustaining this progress for the benefit of all South Africans.

“The Eskom Board is grateful for the support and collaborative efforts of all our key stakeholders, including government and the National Energy Crisis Committee (NECOM) members, who enabled us to reach this milestone today,” Nyati said. – SAnews.gov.za

NeoB
Sun, 10/13/2024 - 09:42

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AEW 2024 Ministerial Lineup to Foster Strategies to Alleviate Energy Poverty in Africa

Location: News
African Energy Chamber

Energy and hydrocarbon ministers from across Africa have joined the African Energy Week (AEW): Invest in African Energy conference to discuss investment opportunities while engaging with financiers and project developers. Representing the entire energy value chain from oil and gas to renewable energy to power and infrastructure, regional ministers will unpack the continent's strategies to make energy poverty history by 2030.  

North African countries such as Libya and Algeria have set ambitious production targets for the coming years, aiming to plug Europe's energy gap while enhancing domestic energy access. Libya aims to boost output to 2 million barrels per day (bpd) in the next two to three years while Algeria aims to produce over 1.5 million bpd in 2025. Meeting production goals requires accelerated exploration, with both countries promoting investments in upstream drilling. At AEW: Invest in African Energy 2024, North African energy and hydrocarbon ministers will provide insight into these opportunities. They are joined by ministers representing global and African oil and gas organizations, including:  

  • Khalifa Abdulsadek, Minister of Oil & Gas, Libya 
  • Mohamed Arkab, Minister of Energy and Mines, Algeria 
  • Haitham Al Ghais, Secretary General, OPEC 
  • Omar Farouk Ibrahim, Secretary General of APPO 

In Southern Africa, the region is ripe with opportunity. An estimated 11 billion barrels has been found off Namibia's coast since 2022; over 100 trillion cubic feet (tcf) of gas found offshore Mozambique; and an estimated 200 tcf likely held onshore South Africa. While Angola - the second largest oil producer in sub-Saharan Africa – still offers significant potential in both on- and offshore basins, Southern African countries such as Zambia are largely underexplored, presenting strategic opportunities for exploration companies. At AEW: Invest in African Energy 2024, Southern African energy and hydrocarbon ministers will outline strategic basins and upcoming projects. Speakers include:  

  • Carlos Zacarias, Minister, Ministry of Natural Resources & Energy, Mozambique 
  • Diamantino Pedro Azevedo, Minister of Mineral Resources and Petroleum, Angola 
  • Gwede Mantashe, Minister, Ministry of Mineral Resources and Energy, South Africa 
  • Kgosientsho Ramokgopa, Minister of Electricity, South Africa 
  • Situmbeko Musokotwane, Minister of Finance and National Planning, Zambia 
  • Tom Alweendo, Minister of Mines and Energy, Namibia 

Recent offshore projects have positioned West Africa as a global hydrocarbon hotspot. Mauritania and Senegal's Greater Tortue Ahmeyim LNG project will start production this year, following the start of operations at Senegal's Sangomar Oil Project in mid-2024. Nigeria's Dangote Refinery – the largest in Africa at 650,000 bpd – recently secured a 400,000-bpd feedstock supply from the government a year after its start while Ivory Coast's Belaine project – the first net-zero upstream development in Africa – plans to commence phase two operations this December. Regional ministers will provide an update on ongoing projects, future investments and efforts to unlock additional reserves at AEW: Invest in African Energy 2024. Ministers include:  

  • Aboubacar Camara, Minister of Energy, Hydropower and Hydrocarbons, Guinea Conakry 
  • Birame Soulèye Diop, Minister of Energy, Oil and Mines Republic of Senegal 
  • Chief. Adebayo Adelabu, Minister of Power, Federal Republic of Nigeria 
  • Collins Adomako-Mensah, Deputy Minister of Energy in Charge of Power, Ghana 
  • Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), Nigeria 
  • Foday Mansaray, Director General, PDSL 
  • Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), Nigeria 
  • Matthew Opoku Prempeh, Minister of Energy, Ghana 
  • Mohamed Ould Khaled, Minister of Petroleum & Energy, Ministry of Petroleum, Mines & Energy, Mauritania 
  • Nani Juwara, Minister of Energy and Petroleum, The Gambia 
  • Viriato Luis Soares Cassama, Minister of Environment & Biodiversity, Guinea-Bissau 
  • Yacouba Zabré Gouba, Minister of Energy and Mines, Burkina Faso 

Central Africa – with major producers such as Equatorial Guinea, Gabon and the Republic of Congo – are inviting investors to support diversification efforts in production and refining. Leveraging natural gas, these markets aim to unlock reserves in both domestic and regional basins while boosting export capacity and intra-African trade. The Republic of Congo exported its first LNG cargo in 2024 from the Tango FLNG facility, targeting 3 million tons per year by 2025, while Equatorial Guinea forged an agreement with Nigeria to import and process gas at its Punta Europa facility. At AEW: Invest in African Energy 2024, regional ministers will outline these initiatives, while sharing insight into available opportunities in natural gas. Ministers include:  

  • Antonio Uburu Ondo, Minister of Mines and Hydrocarbons, Equatorial Guinea 
  • Bruno Jean-Richard Itoua, Minister of Hydrocarbons, the Republic of Congo 
  • Marcel Abeke, Minister of Petroleum, Republic of Gabon 

As a frontier market, East Africa is incentivizing exploration in both on- and offshore basins while driving infrastructure and field development projects forward. Uganda inked a deal with Ethiopia in 2024 to export crude via pipeline while South Sudan is seeking diversified export routes and promoting exploration onshore. Regional ministers will share more insights at AEW: Invest in African Energy 2024. Speakers include:   

  • Ing Habtamu Itefa Geleta, Minister of Water and Energy, Ethiopia 
  • Okasaai Sidronious Opolot, Minister of state for Energy, Ministry of Energy and Mineral Development, Uganda 
  • Puot Kang Chol, Minister Petroleum, South Sudan 

AEW: Invest in African Energy 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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Department announces gazetting of Remote Work Visitor Visa

Location: News

Department announces gazetting of Remote Work Visitor Visa

The Department of Home Affairs has announced the gazetting of the highly anticipated Remote Work Visitor Visa as well as the new points-based system for work visas. 

In July 2024, President Cyril Ramaphosa outlined the Government of National Unity’s (GNU) collective mandate in this area through his call to “overhaul the visa regime to attract skills and investment and grow the tourism sector”.

Just three months later, the Department of Home Affairs says it has delivered on this mandate through a set of worldclass reforms.

“The gazetting of all required elements for the Remote Work Visitor Visa and the new Points-Based System for Work Visas amounts to the single most progressive and pro-jobs regulatory reform South Africa has seen in decades,” said Home Affairs Minister Leon Schreiber.

He said the department’s meticulous attention to detail to ensure that these reforms are fit-for purpose and market-friendly has resulted in two products that begin to reposition South Africa as a world-class destination for investment and tourism to create thousands of new jobs for South Africans. 

“Importantly, the new points-based system also introduces a transparent framework to adjudicate visas in order to tackle corruption,” he said.

According to the department, the Remote Work Visa “enables highly paid individuals who are employed abroad and thus do not compete with local workers, to spend their valuable foreign currency right here in South Africa, pay Value-Added Tax into the South African fiscus, eat at South African restaurants and buy South African goods and services from South African producers”.

The new Points-Based System for Work Visas combats corruption and inefficiency by cutting red tape and introducing a transparent points scale to objectively determine who qualifies for a Critical Skills or General Work Visa. 

Additionally, for General Work Visa applications submitted outside of the Trusted Employer Scheme, a newly introduced threshold of R650 796 in gross annual income – which amounts to double the median income in the formal sector – will better protect existing jobs at the lower end of the market while injecting skills at the top.

Independent research commissioned by the Reserve Bank and the International Food Policy Research Institute shows that growing the number of high-end skills as a share of the total South African population by just 0.02%, can boost annual economic growth by up to 1.2%. 

The same research projects that an enhanced visa regime can create seven new jobs for every additional skilled worker attracted into the economy.

“By harnessing the power of market-based regulatory reform to cut red tape and enhance transparency, Home Affairs is fighting corruption in our immigration system while delivering on the GNU’s apex priority to grow the economy and create thousands of new jobs for the people of South Africa. 

“I want to thank the Presidency and Operation Vulindlela for their valuable support and I look forward to continue working together to roll out further reforms that combat corruption and create jobs,” Schreiber said.

As an interim measure, while the department lays the foundation for digital transformation to shift exclusively to online application and adjudication, applicants for the Remote Work Visa as well as for the Critical Skills Visa and General Work Visa under the new Points-Based System, can continue to submit applications through the relevant service providers and South African missions abroad.

The relevant documents can be accessed at dha.gov.za. – SAnews.gov.za

 

Edwin
Wed, 10/09/2024 - 12:11

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Read moreDepartment announces gazetting of Remote Work Visitor Visa

Prosper Shoniwa Drives Export Growth at RS South Africa

Location: Business
RS South Africa

With over 14 years' experience in sales and management across Africa, Prosper Shoniwa has built a reputation for driving business growth and operational excellence. As the Export Sales and Operations Manager at RS South Africa (www.za.RS-online.com/web), Prosper combines his in-depth knowledge of international trade with a nuanced understanding of African market dynamics, positioning him as a key figure in the company's expansion efforts across the continent.

Prosper is an accomplished professional with a proven track record in export management and sales, having successfully navigated the complexities of diverse African markets throughout his career. His expertise spans multiple industries, where he has consistently demonstrated the ability to develop and execute strategies that achieve significant growth. His formal qualifications, including a Diploma in International Trade Management from the International Trade Institute of Southern Africa (ITRISA) and a Diploma in Marketing from the London Chamber of Commerce and Industry (LCCI), form the foundation of his business acumen.

Currently pursuing a BCom in International Business at MANCOSA, Prosper continues to enhance his skills to stay ahead in Africa's rapidly evolving business landscape. Fluent in English and French, Prosper has cultivated strong relationships across Sub-Saharan Africa, working with stakeholders ranging from corporate clients and distributors to EPCs and water utilities. He also has extensive experience consulting with engineers and working at the highest level with governments, making him a versatile leader in cross-border partnerships. His multilingual proficiency and deep cultural understanding have been instrumental in bridging gaps and fostering collaborations that transcend borders.

At RS South Africa, Prosper leads the company's export operations with a focus on delivering Maintenance, Repair, and Operations (MRO) solutions tailored to the unique needs of the African market. His leadership approach goes beyond delivering products; he is committed to building long-term partnerships that drive operational efficiencies and provide value-driven, sustainable solutions. Prosper's ability to anticipate market trends, negotiate deals, and implement innovative strategies ensures that RS South Africa's clients gain a competitive edge.

Prosper's vision for RS South Africa is one of transformation, where MRO solutions are not only efficient and value-driven but also innovative and responsive to the changing demands of African industries. His focus on client satisfaction, coupled with his strategic insight, positions RS South Africa as a preferred partner across Southern, East, and West Africa. Under Prosper's leadership, the company is set to redefine how businesses across Africa approach their operational needs, delivering customised solutions that enable seamless operations and continuous improvement.

With a commitment to operational excellence and a passion for driving growth in challenging markets, Prosper Shoniwa is at the forefront of RS South Africa's mission to expand its influence and deliver impactful MRO solutions across the continent.

For more information about RS Africa export solutions, visit their website (www.Africa.RSdelivers.com) and follow them on LinkedIn (https://apo-opa.co/4gQsIiq) for regular updates on their impactful work.

Distributed by APO Group on behalf of RS South Africa.

PR Contact Person -
RS South Africa:
Princess Tlou
Communications & Content Specialist
RS South Africa
Princess.Tlou@rsgroup.com
+27 11 691 9366

Media Contact Person –
NGAGE:
Thobile Ndlovu
PR Account Executive
thobile@ngage.co.za
+27 11 867 7763

RS:
RS is a trading brand of RS Group plc, providing product and service solutions that help our customers design, build, maintain, repair, and operate industrial equipment and operations, safely and sustainably. We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 million customers.

We support customers across the product lifecycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance, repair, and operation phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.

RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million.

Further information is available via these links:

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Can Africa Secure Its Future in a Changing Energy Landscape?

Location: News

AOW: Investing in African Energy
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The pipeline of gas projects being developed in Africa has never been stronger. However, if the continent is to be competitive in an extremely dynamic international gas market, it must ensure that it offers value. 

This means shaping an offer that meets the financial and environmental sustainability needs of stakeholders. Africa's gas investment proposition must be relevant and future-proof, if it is to continue to attract global capital. 

This was the consensus at a panel discussion on Day 1 of AOW: Investing in African Energy – Africa's leading oil, gas and energy event. 

Over the past few years, gas development ambitions have grown – in the public and private sector – supported by renewed exploration and production activity and pragmatic energy transition plans. This is especially true now, with gas increasingly accepted as the ideal bridging fuel, balancing the continent's growing energy needs with its decarbonisation commitments. 

“Natural gas is at the centre of what we are doing in Africa,” said Mario Bello, Head of Sub-Saharan Africa Region at Eni. “It's the cleanest fossil fuel, producing fewer emissions than coal, so it plays an important role as we transition to renewables.” 

Eni enables this through its Floating Liquified Natural Gas (FLNG) projects, particularly in Mozambique and the Republic of Congo. Bello emphasised the technology's ability to unlock stranded offshore gas resources, accelerate project timelines, and contribute to both domestic energy security and export revenue. “Floating LNG is the key to unlocking the region's gas potential, making it easier and faster to develop offshore resources,” Bello explained.  

However, financing these ambitious projects remains a significant hurdle. Paul Eardley-Taylor, Head of Oil & Gas, Southern Africa, at Standard Bank, emphasised the need for bankable projects that address investor concerns, particularly around sovereign risk. He highlighted the transformative potential of both large-scale LNG projects and smaller, domestically focused gas ventures.  

“The impact of these projects in African markets is incalculable,” Eardley-Taylor said, citing the potential for job creation, economic growth, and improved energy access. He further emphasised the importance of small-scale LNG and helium projects, particularly in markets like South Africa and Namibia.  

Equinor's Senior Vice President for Africa, Nina Birgitte Koch, stressed the importance of a stable investment climate to attract international capital. She highlighted the need for competitive projects with strong environmental credentials, particularly in reducing carbon emissions. “CO2 is the key criteria,” Koch said. “It's not just a ‘nice to have' any more. I don't think it's possible to get capital to a big LNG project unless it's highly competitive when it comes to CO2."  

The panel also discussed the critical role of technology and regional cooperation in maximising the benefits of Africa's gas resources. Gianluca Ciricugno, Africa Director, Enterprise Customer Solution at Baker Hughes, emphasised the need for a long-term vision and collaboration between governments, investors, and technology providers.  

“It requires a broader vision, probably government and all the people around the table, with a long-term approach… and not just four-year terms,” Ciricugno urged, highlighting the need for stable regulatory frameworks and a commitment to infrastructure development.  

Dr Tshepo Mokoka, Group COO of South Africa's Central Energy Fund (CEF), echoed the call for government intervention to address market failures and unlock investment. He outlined CEF's role in enabling critical gas infrastructure projects, such as the Romp pipeline and LNG import terminals. “We need to solve the market failure,” Dr Mokoka said, highlighting the need for government-backed gas offtake agreements and risk-sharing mechanisms to attract private capital.  

ExxonMobil's Executive Director Global, LNG Marketing, Deri Irawan, emphasised the importance of a holistic approach to project development, considering not just the technical and economic aspects but also the social and political landscape. He highlighted the need for strong partnerships and stakeholder engagement to ensure long-term project success. “It is insufficient to just bring a commodity to the doorstep,” Irawan explained. “You also need to unlock that value chain.” 

With Africa on the cusp of a gas revolution, the panel's message was clear: the continent has the resources, the ambition, and the opportunity to become a major player in the global gas market. 

However, success hinges on creating a stable and attractive investment climate, embracing technological innovation, and fostering regional collaboration to ensure that Africa's gas resources benefit both its people and the planet.  

Distributed by APO Group on behalf of AOW: Investing in African Energy.

Owned by Sankofa Events, AOW (https://apo-opa.co/3ZVcWNe): Investing in African Energy is Africa's leading oil, gas & energy event, uniting industry leaders to develop policy, share discoveries, secure investment, and shape Africa's energy future. The event runs from 7 – 10 October 2024 at the CTICC 2, Cape Town. 

Read moreCan Africa Secure Its Future in a Changing Energy Landscape?

Department announces gazeting of Remote Work Visitor Visa

Location: News

Department announces gazeting of Remote Work Visitor Visa

The Department of Home Affairs has announced the gazetting of the highly anticipated Remote Work Visitor Visa as well as the new points-based system for work visas. 

In July 2024, President Cyril Ramaphosa outlined the Government of National Unity’s (GNU) collective mandate in this area through his call to “overhaul the visa regime to attract skills and investment and grow the tourism sector”.

Just three months later, the Department of Home Affairs says it has delivered on this mandate through a set of worldclass reforms.

“The gazetting of all required elements for the Remote Work Visitor Visa and the new Points-Based System for Work Visas amounts to the single most progressive and pro-jobs regulatory reform South Africa has seen in decades,” said Home Affairs Minister Leon Schreiber.

He said the department’s meticulous attention to detail to ensure that these reforms are fit-for purpose and market-friendly has resulted in two products that begin to reposition South Africa as a world-class destination for investment and tourism to create thousands of new jobs for South Africans. 

“Importantly, the new points-based system also introduces a transparent framework to adjudicate visas in order to tackle corruption,” he said.

According to the department, the Remote Work Visa “enables highly paid individuals who are employed abroad and thus do not compete with local workers, to spend their valuable foreign currency right here in South Africa, pay Value-Added Tax into the South African fiscus, eat at South African restaurants and buy South African goods and services from South African producers”.

The new Points-Based System for Work Visas combats corruption and inefficiency by cutting red tape and introducing a transparent points scale to objectively determine who qualifies for a Critical Skills or General Work Visa. 

Additionally, for General Work Visa applications submitted outside of the Trusted Employer Scheme, a newly introduced threshold of R650 796 in gross annual income – which amounts to double the median income in the formal sector – will better protect existing jobs at the lower end of the market while injecting skills at the top.

Independent research commissioned by the Reserve Bank and the International Food Policy Research Institute shows that growing the number of high-end skills as a share of the total South African population by just 0.02%, can boost annual economic growth by up to 1.2%. 

The same research projects that an enhanced visa regime can create seven new jobs for every additional skilled worker attracted into the economy.

“By harnessing the power of market-based regulatory reform to cut red tape and enhance transparency, Home Affairs is fighting corruption in our immigration system while delivering on the GNU’s apex priority to grow the economy and create thousands of new jobs for the people of South Africa. 

“I want to thank the Presidency and Operation Vulindlela for their valuable support and I look forward to continue working together to roll out further reforms that combat corruption and create jobs,” Schreiber said.

As an interim measure, while the department lays the foundation for digital transformation to shift exclusively to online application and adjudication, applicants for the Remote Work Visa as well as for the Critical Skills Visa and General Work Visa under the new Points-Based System, can continue to submit applications through the relevant service providers and South African missions abroad.

The relevant documents can be accessed at dha.gov.za. – SAnews.gov.za

 

Edwin
Wed, 10/09/2024 - 12:11

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Read moreDepartment announces gazeting of Remote Work Visitor Visa

Carbon pricing poses threat to economies of developing countries

Location: News

Carbon pricing poses threat to economies of developing countries

While South Africa is committed to the decarbonisation agenda, Deputy Minister of Forestry, Fisheries and the Environment Narend Singh has raised concern that a carbon price to the production of emissions-intensive goods could exacerbate inequality, poverty and unemployment in developing countries.

“There are many hurdles which industry will be confronted with in their efforts to decarbonise, particularly in developing countries such as South Africa. Key for us is to take the necessary key steps to transition, without adversely affecting the competitiveness of such industries and leaving no one behind,” the Deputy Minister said on Tuesday.

He made these remarks during an Industry Conference on bridging compliance: Carbon Border Adjustment Mechanism (CBAM), environmental, social, and governance (ESG) and the South African metals and engineering sector.

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) in collaboration with the Danish Industry (DI) hosted the conference. 

It was attended by senior government officials, industry leaders, policy makers as well as sustainability experts who explored the intersection of the looming CBAM and ESG reporting requirements from the European Union and how this is likely to affect the metals and engineering sector which is an export intensive sector. It is also a heavy emitter of greenhouse gas emissions.

ESG sustainability reporting requirements by business, point to responsible business conduct that includes taking measures to lower pollution, and carbon dioxide (CO2) output, and reducing waste.

“We remain concerned that outside of multilateral processes such as the United National Framework Convention on Climate Change (UNFCCC), discussion and agreement [on] the CBAM policy design of using market principles to cut GHG [greenhouse gas] emissions will create a direct impact on developing countries’ such as South Africa, exacerbating inequality, poverty and unemployment. This we should take all measures to guard against,” Singh explained.

Carbon border adjustment mechanisms (CBAMs), or border carbon adjustments (BCAs), are mechanisms that aim to increase the consistency in the application of carbon pricing between goods produced in different jurisdictions but traded between those jurisdictions.

Most commonly, they involve a jurisdiction that applies a carbon price to the production of emissions-intensive goods, such as through an emissions trading system (ETS) or carbon tax, seeking to apply an equivalent carbon price to imports of those goods from overseas jurisdictions.

Carbon cost liability, reflections

Practically, this could mean that South African exports of carbon-intensive goods would face an extra carbon cost liability in some jurisdictions.

“The Department of Forestry, Fisheries and the Environment has been actively engaged in the decarbonization of the steel sector. As you are well aware, the steel sector, is one of the hard to abate sectors, and is highly energy intensive.

“The department, in collaboration with the Department of Trade, Industry and Competition and in partnership with the Organization for Economic Cooperation and Development (OECD), has been working closely with industry association, the South African Iron and Steel Institute (SAISI), and industry partner, ArcelorMittal, together with other players, to determine what may be the low hanging fruit for a low carbon transition.

“The entire value chain has to be reflected upon - both upstream and downstream players. This is work in progress, and indeed comes with its own set of challenges, in the form of necessary research and development, capacity development, and the much-needed capital investment,” Singh said.

Green steel

He mentioned green hydrogen, as an option for the production of green steel.

“Sectoring scrap metal market as input material for the steel sector to lower the carbon footprint, would be another option. Refurbishment of existing technology and investment into new and energy efficient technologies are other options.

“Downstream industries are also faced with competition on imports. Therefore, compliance and enforcement are important, and so is the provision of the necessary legislative measures,” the Deputy Minister said.

Just Transition

South Africa recognises the need for climate action to be centred on a Just Transition, meaning a transition to net-zero carbon emissions society that accommodates the needs of workers and communities, which may be negatively affected through the loss of jobs or activities as a result of a move to a lower carbon economy.

“The Climate Change Act, which was signed into law by President Ramaphosa in July 2024, sets out South Africa’s national climate change response, including mitigation and adaptation actions, which also constitutes South Africa’s fair contribution to the global climate change response.

“The Climate Change Act enables the alignment of policies that influence South Africa’s climate change response, to ensure that South Africa’s transition to a low carbon and climate resilient economy and society is not constrained by policy contradictions.

“The Climate Change Act also sets out measures to enhance South Africa’s ability and capacity over time to reduce greenhouse gas emissions, and build climate resilience, while reducing the risk of job losses, and promoting new job opportunities in the emerging green economy,” said the Deputy Minister.

He added that the Nationally Determined Contributions (NDC) for South Africa have been informed by peak, plateau and decline in terms of carbon emissions reduction.

The NDC cover adaptation, mitigation as well as finance and investment requirements and is based on equity.

READ | Comments sought draft First Biennial Transparency Report

“The recent Bid Window of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the work of the Just Energy Transition (JET), green hydrogen generation, are key steps in a positive direction.

“South Africa remains committed to stabilising the GHG concentration in the atmosphere and contribution to the global temperature goal of keeping temperature well below 2 °C and pursuing efforts to 1.5 °C below preindustrial levels in line with the principle of common but differentiated responsibility and respective capabilities (CBDR-RC),” he said. -SAnews.gov.za

nosihle
Wed, 10/09/2024 - 09:04

523 views
Read moreCarbon pricing poses threat to economies of developing countries

SA, Botswana strengthen economic ties

Location: News

SA, Botswana strengthen economic ties

South Africa and Botswana have committed to strengthening economic ties between the two countries and reducing the barriers that currently impede the free flow of goods.

The commitment was made during a meeting between the Deputy Minister of Trade, Industry and Competition Zuko Godlimpi and the Botswana Minister of Trade and Industry Mmusi Kgafela in Pretoria recently.

The two discussed the promotion of trade and investment and committed to addressing key challenges hindering the full potential of economic cooperation between the two countries.

They also reaffirmed their commitment to strengthen economic ties, deepening communication on trade relations, and fostering mutually beneficial investment opportunities that contribute to sustainable industrial development and employment creation for both countries.

Deputy Minister Godlimpi and Minister Kgafela emphasised the importance of simplifying trade processes and reducing the barriers that currently impede the free flow of goods. 

The two also discussed possible cooperation in areas of mutual interest where investment cooperation can be expanded such as manufacturing, agriculture, transport, and other services sectors.

A central part of the discussions focused on addressing existing challenges, including non-tariff barriers, regulatory obstacles, and market access issues that have hindered trade growth. 

Both countries agreed to establish a bilateral working group to identify and resolve these challenges to ensure a fair and open trading environment.

Both delegations expressed optimism about the future of their economic partnership and agreed to hold and sustain regular consultations to monitor progress and explore new areas of cooperation. – SAnews.gov.za

Edwin
Mon, 10/07/2024 - 11:28

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Read moreSA, Botswana strengthen economic ties

Mining’s potential remains high: Mantashe 

Location: News

Mining’s potential remains high: Mantashe 

Minister of Mineral and Petroleum Resources, Gwede Mantashe, has told an indaba that there is evidence to suggest that mining is “the bedrock of our economy” and that the country is an attractive investment destination for mining.

According to the Minerals Council of South Africa, the industry contributed some 6.3% to South Africa’s nominal Gross Domestic Product (GDP) last year.

“There is a strong case emerging out of the study on ‘The State of Mining’ that the South African mining industry not only remains the bedrock of our economy, but an attractive investment destination for mining. 

“Coupled with the draft South Africa’s ‘Critical Minerals Strategy’, the study points to the reality that the South African mining industry is diversifying from the gold mining era to an industry with wide-ranging mineral resources, including the world’s largest known deposits of platinum group metals (PGMs), manganese, chrome, coal, gold, copper, vanadium, and other natural resources that are considered critical for the just transition,” the Minister said at the Annual Joburg Indaba in Sandton on Thursday.

He added that with the diversification of the industry, its potential to continue growing remains high.

“Notwithstanding the challenges faced by the gold mining sector, including deep level mines and heightened safety concerns, the 2023 gold production statistics positioned South Africa as the world’s thirteenth and Africa’s fourth largest gold producer. 

“Despite the fluctuating prices of palladium and rhodium, of which South Africa supplies 38% and 81%, respectively, to the global commodities market, the PGMs sector is poised to play a catalytic role in sustaining the South African mining industry, and in the growth of our economy.

“Considering South Africa’s reserves of known manganese and chrome deposits, as well as being the largest producer and exporter of manganese and chrome ore, the South African manganese and chrome sectors are poised to continue playing a significant role globally driven by their use in the automotive and construction industries,” Mantashe said.

Addressing challenges 

He acknowledged that during last year’s Joburg Indaba, industry players raised issues that “we needed to resolve for the sector to thrive, including the need to ensure the necessary policy and regulatory certainty for investment”.

“Although the South African mining industry’s regulatory framework is stable and predictable, the Department of Mineral and Petroleum Resources is drafting amendments to the Mineral and Petroleum Resources Development Act (MPRDA). 

“This is so as to address its shortcomings and ensure that areas that have been challenged legally are strengthened against international best practice. The amendments will further improve the business environment while keeping in sync with our socioeconomic fabric.

“The completion of the migration process to the new efficient and transparent mining licensing system, in June next year, is poised to modernise our licensing system, ensure regulatory certainty, and the sustainability of the South African mining industry. 

“Having completed the first phase of the project, which included the assessment of the current environment to establish the baseline and its readiness, and the requirements with respect to system hosting, software integration, and the enhancement of cybersecurity, the development of the new system is therefore progressing very well,” the Minister explained.

READ | Presidency transfers Department of Mineral Resources and Energy legislation

Furthermore, the Minister told the industry leaders that between April 2023 and March this year, the department has processed and finalised 127 mining rights, 1 527 prospecting rights, and 2 313 mining permits and ancillaries.

There are no backlogs in the Western Cape and the Free State while backlogs in the Northern Cape, Limpopo, North West, Eastern Cape and KwaZulu-Natal have been significantly reduced. Mpumalanga is the only province with a significant backlog.

“As we come to the end of this year’s Indaba, we wish to encourage the South African mining industry to continue sharing insights about the realities of this industry, advance beneficiation at source, and support our exploration initiatives.

“We further encourage junior miners to take up the opportunities presented to them in order to transform the industry and ensure that the people of South Africa derive value from their country’s mineral endowment,” Mantashe concluded. – SAnews.gov.za

 

NeoB
Fri, 10/04/2024 - 10:09

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Access to finance remains a challenge for SMMEs

Location: News

Access to finance remains a challenge for SMMEs

While government is fully cognisant that access to finance remains the most significant barrier to entry for new venture creation, small, medium and micro enterprises (SMMEs) and entrepreneurship, steps are being taken to address this.

This is according to the Deputy Minister of Trade, Industry and Competition, Zuko Godlimpi, who was during the Financial Inclusion Week session in Johannesburg.

“The consequences of government inability to increase the pace of transformation after 30 years are evidenced by the lack of economic growth, unsustainably high levels of unemployment, widening inequality and market concentration,” Godlimpi said.

“Though government policies have worked to dismantle many structures of the apartheid state and increase living standards, these efforts have not translated into the creation of job opportunities for many South Africans,” he said.

Godlimpi pointed out that the Department of Trade, Industry and Competition (the dtic) and its agencies, which include the Industrial Development Corporation (IDC) and the National Empowerment Fund (NEF), have managed to attract new business projects in which they will be investing R78 billion.

“We have also agreed to push the dtic and its entities to go beyond the Treasury standards to pay SMMEs. This ensures that we, as an institution of nine branches and 18 entities, do not contribute to the barriers that constrain our SMMEs.”

Glodlimpi explained that on the policy front, government is aware that SMMEs find it difficult to access different forms of finance, including debt.

He said when SMMEs approach debt markets, they are often faced with onerous credit checks and, at times, fall victim to negative reinforcement tools such as credit bureaus due to a lack of access to patient capital.

“When a small business owner misses debt repayment due to delayed payments from clients and, in many instances, the government, they are blacklisted. According to [the] Small Enterprise Development Agency's SMME Quarterly and Stats SA, SMMEs contribute about 59% of total employment in the country,” he said.

Godlimpi said this picture demonstrates the unsustainable structure of credit market in South Africa, which is embedded in a consumption logic rather than a developmental and investment orientation.

“As part of the Minister Parks Tau's new wall-to-wall approach, we have begun to look at sharing important economic data within the dtic to enhance our understanding of the economy and achieve complementarity in deploying the various tools to achieve our industrial policy objectives,” said Godlimpi. – SAnews.gov.za

Edwin
Fri, 10/04/2024 - 10:36

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TNPA initiates RFI for Multi-Purpose Terminal at Mossel Bay 

Location: News

TNPA initiates RFI for Multi-Purpose Terminal at Mossel Bay 

Transnet National Ports Authority (TNPA) has initiated a request for information process for a Multi-Purpose Terminal (MPT) at the Port of Mossel Bay’s Quay 4 precinct. 

The Request for Information (RFI) calls on interested parties to submit proposals to design, develop, finance, maintain and operate an MPT at Quay 4 where breakbulk as well as oil and gas cargo is currently handled. 

With installed capacity of 86 000 tons of breakbulk cargo per annum and a 2040 m² shed, the berth boasts flexibility to handle cargo by mobile cranes or ship gear. 

The RFI seeks to gauge interest on how TNPA can be responsive to market demand and attract the appropriate operator to develop and operate the envisaged Multi-Purpose Terminal at the ports authority’s oldest commercial seaport.

“Our engagements with the agricultural sector, shipping agents and local cargo owners have assisted in providing insight into the type of cargo that can be moved at the envisaged Multi-Purpose Terminal,” said Captain Vania Cloete.

Cloete is the acting TNPA Port Manager for the Port of Mossel Bay in the Western Cape.

“The RFI is the first step towards the pursuit of expanding port operations at Quay 4 beyond the current maritime commercial activities and small-scale multi-purpose operation we currently facilitate in this facility,” Cloete said.
RFI documents can be accessed from the National Treasury’s e-tender publication portal www.etender.gov.za and/or the Transnet website: www.transnet.net. 

Responses to the RFI must be submitted by no later than 29 November 2024 at 4pm. 

After receiving and reviewing RFI responses, TNPA may release a Request for Proposals provided that sufficient information is obtained from the RFI submissions. – SAnews.gov.za

Edwin
Wed, 10/02/2024 - 12:11

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Employment and Labour to host Employment Standards Conference 

Location: News

Employment and Labour to host Employment Standards Conference 

The role of labour inspectors with the aim of protecting vulnerable workers in different sectors of the South African labour market, will come to the fore at the Department of Employment and Labour’s Employment Standards Conference.

The department’s Inspection and Enforcement Services (IES) branch is set to host the conference from 8 to 10 October at the Olive Convention Centre in Durban, KwaZulu-Natal.

“The conference promises to be an enlightening platform for the more than 350 inspectors expected to attend, offering an opportunity to engage in constructive dialogues, exchange ideas, and explore strategies to enhance compliance and maintain equality of inspections within the labour market.

It is an occasion to not only hear from leadership but also to contribute to the transformation of the inspections and South African labour market,” the department said.

The gathering will bring together inspectors specialising in the fields of basic conditions of employment, unemployment insurance, compensation for occupational injuries and diseases, employment equity, and the national minimum wage enforcement.

In recognition of work performed by the overstretched inspectors, the IES branch also plans to host an awards ceremony to reward the good work performed by the inspectors.

The department regularly conducts advocacy campaigns to ensure compliance with the labour legislation it administers. 

These include the Basic Conditions of Employment Act (BCEA), Unemployment Insurance Act (UIA), Compensation for Occupational Injuries and Diseases (COID) Act, National Minimum Wage Act (NMWA), Employment Equity Act (EEA), Occupational Health and Safety Act (OHSA), and the Employment Services Act (ESA).

The department said the theme of next week’s session “Advancing Social Justice through Effective Labour Inspections,” is a way of encouraging maximum compliance to employment and labour laws. – SAnews.gov.za

DikelediM
Wed, 10/02/2024 - 12:23

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SMEs critical to economic growth

Location: News

SMEs critical to economic growth

The role of Small and Medium Enterprises (SMEs) in driving economic diversity and fostering innovation to boost competitiveness is critical. 

This is according to Deputy Minister of Trade, Industry, and Competition, Andrew Whitfield, who was speaking during a panel discussion at the London Stock Exchange on the role of small businesses in the economy.

Whitfield is currently in the United Kingdom, accompanying Deputy President Paul Mashatile on a mission to promote South Africa as a leading investment destination. 

This high-level delegation aims to strengthen bilateral relations between South Africa and the United Kingdom, showcasing South Africa's vast investment potential while identifying new trade opportunities for local businesses.

In his address, Whitfield highlighted the broad range of support mechanisms available to South African SMEs through the Department of Trade, Industry, and Competition (the dtic).

"At the dtic, we have developed several industrial levers, including competition policy and export marketing assistance, to ensure that SMEs have the tools to expand and trade globally.

“We are also deeply engaged in conversations around digital transformation, enabling marginalised SMEs, particularly in sectors like agro-processing to access global value chains and participate on digital platforms,” he said.

Whitfield emphasised that supporting SMEs through digital platforms was crucial for ensuring that they can compete not only regionally but also globally. 

He stressed the importance of reducing market access barriers for sectors like agriculture, which remains a vital area of growth for SMEs and enhancing collaboration between the private and public sectors to create a conducive trading environment.

He addressed the broader role of SMEs in South Africa’s industrial policy, highlighting the need for targeted interventions that enable them to participate in high-growth sectors such as manufacturing, technology and agro-processing.

"The export potential for South African SMEs is enormous, and we are committed to scaling them up to ensure they are integrated into both regional and global value chains. Through our policies, we aim to create an ecosystem that supports rapid and inclusive growth.

“This is essential for job creation and for ensuring that SMEs can contribute meaningfully to the industrialisation of our economy," he added.

Furthermore, Whitfield touched on the need for removing red tape and bureaucratic barriers that hinder SME growth, stressing the importance of regulatory reform as part of South Africa’s economic recovery strategy.

As the delegation continues its engagements in the UK, Whitfield emphasised that partnerships between government and private sector entities, particularly in sectors like agriculture and technology, would be pivotal in unlocking future opportunities.

"We have had promising discussions around agricultural products and solutions for SME growth, and we’re committed to ensuring that companies investing in South Africa make deliberate efforts to partner with small and medium-sized enterprises. 

“We believe that such partnerships, coupled with digital transformation, will play a major role in positioning SMEs to thrive in global markets," he said.

Whitfield reaffirmed South Africa’s commitment to creating an enabling environment that will attract investments and spur growth across various sectors of the economy. – SAnews.gov.za

Edwin
Wed, 10/02/2024 - 14:45

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UK investors encouraged to establish their business operations in SA

Location: News

UK investors encouraged to establish their business operations in SA

Deputy President Paul Mashatile has encouraged United Kingdom businesspeople to establish their presence in South Africa to penetrate the rest of the African market. 

“South Africa is often referred to as a gateway to the African market and offers several economic opportunities. 

“I officially encourage UK businesses to visit our lovely country for business objectives as well as tourists to appreciate the beauty of our country,” the Deputy President told the JP Morgan-hosted event attendees in London.

The country’s second-in-command is in the United Kingdom for the second leg of his working visit to improve trade and investment relations between the two nations and woo investors. 

The Deputy President said he was confident that the visit would forge new partnerships and unlock new opportunities for collaboration between the United Kingdom and South Africa. 

“Together, we can build a stronger, more prosperous future for our nations and contribute to the economic prosperity of our regions.” 

He stressed the importance of collaboration which, he believes, is the key to unlocking new opportunities, mitigating risks, and delivering better outcomes for all stakeholders involved in the financial sector. 

“As we look around us, we see how interconnected and interdependent the global financial ecosystem has become. 

“No longer can any single entity, whether it be a bank, a fintech company, a regulatory body, or a government, hope to address the complex challenges we face on its own,” he added.  

He told the attendees that the South African government believes in the power of collaboration. 

“By working together with our industry partners, regulators, and stakeholders, we have been able to drive positive change, innovate our products and services, and create value for our customers.”

However, he acknowledged that the State has a significant amount of work ahead.

The Deputy President urged all stakeholders to commit to a more collaborative approach in tackling the pressing issues facing the financial sector such as enhancing cybersecurity measures, promoting financial inclusion, or developing sustainable investment strategies. “We must be willing to share knowledge, resources, and expertise to achieve our common goals.”

He reminded the attendees that collaboration is not just about working together but about leveraging collective strengths, embracing diversity of thought and building trust, and transparency. 

“By fostering a culture of collaboration, we can drive positive impact, foster innovation, and create a more resilient and inclusive financial sector for all.”

The Deputy President stressed that the global economy is rapidly evolving and that adapting and innovating are crucial to seizing these opportunities more than ever before. 

He took the opportunity to tell potential investors that South Africa was committed to creating an enabling business environment that attracts investment, spurs economic development, and creates much-needed job opportunities. 

“We understand the significance of collaboration with countries like UK, which share our values and aspirations for a better future.”

As a country, he said government was pushing ahead with enhancing exports of valuable goods and services to the United Kingdom. 

“It is admirable that the two countries already trade in food and beverages. However, I must admit that the global pandemic has hindered our trade partnership, leading to only modest progress. 

“We must identify measures to expedite international trade and investment. I firmly believe that we have the potential to significantly boost the volume and value of various products, including those produced.”

Meanwhile, he pointed out that there were “real signs” of early-stage entrepreneurial growth in the country and that there was already a lot of awareness of the potential partnerships and benefits to both countries.

“Already, there are large numbers of foreign companies setting up service operations in South Africa. We're hoping to see more UK companies in our country,” he added. 

He encouraged foreign companies to invest in South Africa and benefit from the free movement of goods, services, and people from South Africa to other parts of Africa. – SAnews.gov.za

 

Gabisile
Wed, 10/02/2024 - 15:25

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Business urged to adopt sustainable practices

Location: News

Business urged to adopt sustainable practices

Deputy Minister of Forestry, Fisheries and the Environment Bernice Swarts has encouraged business leaders to play a role in ensuring their organisations take measures to lower pollution and carbon dioxide (CO2) output as well as reduce waste.

“We encourage business leaders to play a significant role in ensuring their organisations better integrate environmental, social, and governance (ESG) principles into their value system and overall organisational strategy to fully benefit and harness the investment opportunities that lie ahead for the country,” Swarts said on Tuesday in Johannesburg. 

Addressing the Annual ESG Africa Conference, the Deputy Minister said the discipline of ESG investing has become increasingly popular worldwide due to investors' growing emphasis on sustainable and responsible investment methods.

“Whilst it is essential that businesses understand the impact of their activities on the environment and society, it is no longer sufficient to focus solely on financial performance; investors and stakeholders now demand that companies adopt sustainable practices that consider the long-term impact of their operations.

“With its varied economy and abundance of natural resources, South Africa has become a major force in the ESG investment market. Good corporate governance requires an acknowledgement that an organisation doesn’t operate in a vacuum but is an integral part of society and therefore has accountability towards current and future generations,” Swarts said.

She acknowledged that long-term orientated investors need better information, including on environmental, social, and governance factors of businesses.

“South Africa needs to accelerate its pathway towards a more equitable, environmentally sustainable and low-carbon developmental trajectory; with an inclusive social protection system that can withstand the impacts of climate change and support a just transition to a sustainable future,” the Deputy Minister said.

She said South Africa is setting itself up to be a leader in green hydrogen, renewable energy, and sustainable industrialisation, due to its substantial stocks of critical minerals, plentiful solar and wind energy, and other resources.

“A just transition to a low-carbon economy will make South Africa’s economy more resilient and strengthen the country’s global competitiveness, which will create opportunities to reduce poverty, inequality, and unemployment.

“We must therefore address, how do we then effectively shift towards realising South African’s vision for long-term, just transition to a climate-resilient and lower-carbon economy and society. South Africa remains firmly committed to contributing its fair share to addressing the global climate crisis,” the Deputy Minister said.

She said South Africa is setting itself up to be a leader in green hydrogen, renewable energy, and sustainable industrialisation due to its substantial stocks of critical minerals, plentiful solar and wind energy, and other resources.  

“In South Africa, where climate change, resource scarcity, and socio-economic disparities are pressing concerns, adopting sustainable practices becomes crucial. These practices can help reduce carbon footprints, conserve natural resources, and create healthier, more resilient communities,” Swarts said. 

Numerous studies have highlighted the tremendous demands developing nations have in relation to climate change and the inadequacies and poor quality of current public climate finance flows. 

Despite their extremely limited fiscal space and constricted economies, poor countries have continued to bear the costs associated with it, while they have contributed the least to the climate problem.

“Like the rest of the African continent, South Africa is vulnerable to water and food security, health, livelihood and infrastructural challenges due to climate change. 

“In South Africa, where climate change, resource scarcity, and socio-economic disparities are pressing concerns, adopting sustainable practices becomes crucial. These practices can help reduce carbon footprints, conserve natural resources, and create healthier, more resilient communities,” the Deputy Minister said.

She said the pathways towards achieving the 2030 Agenda for Sustainable Development have been considerably altered by multiple crises. 

The critical objective of "leaving no one behind" remains at risk due to the mounting inequalities, worldwide economic challenges, and financial shocks associated with COVID-19, which have made financing for sustainability even more challenging.

“Africa, which hosts most of the world’s poor, is on track to meet just 6% of the Sustainable Development Goals (SDGs) and has gone backwards on 17% of the SDG targets.

“If SDG investment needs are to be met by 2030, 24 trillion US Dollars of additional investment must be found for developing countries, including 8 trillion US Dollars only for Africa. Instead, developing countries today face the worst economic outlook and the most unfavourable financing conditions in decades,” the Deputy Minister said. - SAnews.gov.za

nosihle
Tue, 10/01/2024 - 14:50

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Employment and Labour blitz inspections and raids yield results

Location: News

Employment and Labour blitz inspections and raids yield results

The Department of Employment and Labour’s joint blitz inspections and raids have yielded significant results, with the department enforcing monetary corrections totalling over R10 million and arresting 81 non-documented workers. 

The Minister of Employment and Labour, Nomakhosazana Meth, held a media briefing today to update on the department’s joint blitz inspections and compliance raids. 

WATCH | 

 

In a decisive move to uphold employment standards, Meth announced that since assuming office in July 2024, her department has ramped up nationwide inspections targeting non-compliant employers.

Collaborating with the Department of Home Affairs, the Bargaining Council of the Hospitality Sector and law enforcement, the high impact blitz inspections focus on ensuring that workplaces adhere to key labour laws and safeguard workers’ rights.

“Our inspections have revealed instances of non-compliance, including underpayment of wages, unlawful deductions, and inadequate health and safety measures. To date, we have enforced monetary corrections totalling over R10 million, compelling employers to rectify these violations and honour their obligations to their employees,” the Minister said. 

Meth emphasised that the department approaches enforcement with a balance of firmness and fairness. 

“Employers found in violation are issued compliance orders with clear deadlines for corrective action. In situations where immediate risks to health and safety are identified, Prohibition Notices are issued to halt hazardous activities until compliance is achieved,” she said. 

The Minister said the scale and scope of these inspections demonstrate the department’s commitment to upholding labour standards nationwide. 

The Western Cape led with the highest number of inspections, totalling 809. Gauteng followed with 764 inspections, and KwaZulu-Natal with 535. Inspections were also carried out in the North West (217), Eastern Cape (82), Free State (69) and Mpumalanga (59).

These joint inspections targeted key sectors and regions, with significant activity in the Western Cape, Gauteng, and KwaZulu-Natal.

These joint operations scrutinised compliance with laws, including the Basic Conditions of Employment Act, National Minimum Wage Act, Occupational Health and Safety Act, Compensation for Occupational Injuries and Diseases Act (COIDA), Unemployment Insurance Act (UIA), Employment Services Act, and promoting fairness and protecting workers. 

Infractions such as underpayment of wages, illegal deductions, and unsafe working conditions were identified.

Tackling unemployment and undocumented workers

Meth expressed concern over South Africa’s unemployment rate of 33.5%, particularly among the youth. 

"Concurrently, the widespread employment of undocumented foreign nationals raises concerns over exploitation and the circumvention of legal hiring practices.

“Our administration is committed to addressing these challenges comprehensively and humanely. We are collaborating closely with the Department of Home Affairs to ensure that employment practices comply with immigration laws, and that all workers, regardless of their origin, are treated with dignity and fairness,” Meth said. 

Strengthening oversight and enforcement

Looking ahead, Meth revealed plans to expand the Department of Labour’s inspectorate capacity from 2 000 to 20 000 inspectors over the next three years. 

This will enhance the department’s ability to conduct more frequent and thorough inspections across the country. 

The introduction of risk-based profiling will allow for targeted audits, prioritising industries and regions where violations are most prevalent.

“To maximise the effectiveness of our inspections, we will implement a risk profiling system. This approach will allow us to prioritise audits and inspections based on identified risks, thereby improving our capacity to address high-priority non-compliance areas more efficiently,” the Minister said. 

The department will also introduce a specialised segment-focused compliance framework. 

“Our enforcement strategy will be integrated and risk-based, enabling us to address all compliance issues at the workplace in a holistic and comprehensive manner, ensuring that all regulatory requirements are met.

“Our commitment extends beyond enforcement; it is about fostering social justice and ensuring that every worker's rights are protected. 

“Fair labour practices lead to increased morale, productivity and ultimately, a more robust economy. Together, we can build a society where economic prosperity and social equity reinforce each other,” Minister Meth said. 

Supporting businesses: TERS, Productivity SA and the CCMA

In addition to enforcement, the Department of Employment and Labour is extending support to businesses by offering a range of services, fostering resilience, and ensuring harmonious labour relations.

Initiatives like the Temporary Employer/Employee Relief Scheme (TERS) and free productivity services from Productivity SA aim to help businesses in financial distress and improve their operational efficiency. 

The Commission for Conciliation, Mediation, and Arbitration (CCMA) also offers mediation services to resolve workplace disputes.

Operation Yazini: Raising Public Awareness

As part of Meth’s 100-day programme, Operation Yazini will be launched to raise awareness about the department’s services, including employment rights and compliance assistance. 

This initiative aims to bring the department closer to communities, ensuring that employers and employees alike understand their legal obligations and rights.

“Through targeted advocacy and outreach, Operation Yazini seeks to inform the public about the wide range of support available, including labour rights, employment services, and compliance assistance,” the Minister said. 

A call for collective action

Meth called for nationwide collaboration between employers, unions and civil society to create a fair and safe labour market. 

“I urge all stakeholders, businesses, labour unions, civil society organisations, and fellow citizens to join us in this vital endeavour. Let us work collaboratively to create a labour market characterised by fairness, safety, and mutual respect,” the Minister said.

As inspections continue, the department remains committed to transparency, social justice, and the protection of workers’ rights across South Africa. – SAnews.gov.za

DikelediM
Tue, 10/01/2024 - 13:07

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Deputy President calls on the UK to raise tariff-free quota on wine, sugar from SA

Location: News

Deputy President calls on the UK to raise tariff-free quota on wine, sugar from SA

Deputy President Paul Mashatile has called on the United Kingdom government to raise the tariff-free quota (TFQ) on wine and sugar coming from South Africa. 

The Southern African Customs Union (SACU) and the Mozambique Economic Partnership Agreement (EPA) include provisions for a 70/30 split between bottled and bulk wine throughout the trade relationship. 

“As the South African government, we urge flexibility for a 50/50 split. In our view, this does not necessitate an amendment of the EPA but can be a decision of the SACUM-UK Joint Council.

“South Africa has requested that the United Kingdom raise the TRQ amounts allowed under the Environmental Protection Agency Framework for South African sugar to 171 thousand tonnes and for wine to 150 million litres,” he said on Monday. 

The TFQ for imports of South African wine into the United Kingdom is currently sitting at 71.5 million litres per annum, which applies to 30% bulk and 70% packaged wine.

“We call for the UK to agree to this change which is mutually beneficial and will benefit the UK bottling industry.”

Deputy President Mashatile was speaking during the South African Heritage Month dinner hosted by Brand South Africa in London.

The country’s second-in-command is in London for the second leg of his working visit to improve trade and investment relations between the two nations. 

He said he believed that if South Africa could introduce local umqombothi, also known as African beer, or more wine to the global market, the country could double exports from South Africa to the United Kingdom, Germany, the United States, Netherlands and Canada.

The Deputy President said another element that has worked to construct a robust economy and enhance economic relations with the United Kingdom is the conventional interchange of commodities and services, such as food and clothes. 

“As you run your company and live in this area of the globe, you must show that South Africa is a nation moulded by a diverse range of cultures, languages, and traditions, all of which contribute to the vivid mosaic that defines South Africa.”

Government of National Unity

Shifting his focus to the Government of National Unity (GNU), he said the coalition government has demonstrated that South Africa embraces its diversity. 

“We have shown to the world that, despite our differences, we can work together for a single goal – to create a stronger South Africa. We have also shown the world that our rainbow country has a thriving democracy.”

He told the attendees that he was convinced that the GNU would endure and achieve its goals of driving inclusive growth and job creation, reducing poverty, addressing the high cost of living, and establishing a competent, ethical, and progressive State. 

“However, as we mark 30 years of freedom this year, we must remember those who were at the forefront of the liberation of our nation and spent years in exile advocating for a peaceful and democratic South Africa.”

The Deputy President paid tribute to those who continue to raise the South African flag high internationally by contributing to the welfare of their fellow citizens and the economy. 

“We refer to these people as Global South Africans. Now to all South Africans living, working, studying or travelling abroad, it is an exciting time for you to be a Global South African – to be part of the South African story, to be a son or daughter of Africa, to be directly connected to what we confidently predict will be the African century.” 

He applauded Brand South Africa for launching the Global South African programme, as the country works to position itself as a global player in an increasingly competitive world. 

“We believe that as Global South Africans you are an untapped voice and advocates who can elevate our nation's brand position to greater heights in international markets, whilst also shaping perceptions and the narrative about our beautiful and beloved country.” – SAnews.gov.za

 

Gabisile
Tue, 10/01/2024 - 11:28

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Entry Applications Open for 15th Edition of Simola Hillclimb

Location: Sport

Simola Hillclimb is South Africa’s premier motoring and motorsport lifestyle event 15th edition of SA’s premier motoring and motorsport lifestyle event takes place in Knysna from 1 to 4 May 2025 Competitor applications open on 1 October 2024 at simolahillclimb.com, closing date is 31 January 2025  The annual Simola Hillclimb, widely regarded as South Africa’s […]

Read moreEntry Applications Open for 15th Edition of Simola Hillclimb

GNU working to build an inclusive economy

Location: News

GNU working to build an inclusive economy

Deputy President Paul Mashatile has reiterated government’s commitment to building an inclusive economy in South Africa and has assured Londoners that the Government of National Unity (GNU) is working around the clock to make this a reality. 

The country’s second-in-command was speaking on Monday at the Bloomberg roundtable discussion in London, during his second leg of a weeklong working visit, which kickstarted today. 

The Deputy President is in the United Kingdom to engage with leaders with the hope of improving trade and investment relations between the two nations, following a successful visit to Ireland.

“My delegation and I are here in the United Kingdom to build on the outcomes of the State Visit by President Cyril Ramaphosa in 2022, with a specific focus on how we can work together to ensure inclusive economic growth, address and respond to climate change challenges and the Just Transition, and ensure a balance and increase of trade between our two countries,” he told the attendees. 

Top of the agenda, he said, is advancing inclusive and sustainable economic growth, addressing poverty and the high cost of living and strengthening bilateral partnerships in several sectors.

These sectors include trade, investment, skills development, science, innovation, tourism, and the Just Energy Transition.

“All of these major sectors aim to advance the GNU’s strategic priorities of achieving sustainable economic growth, alleviating poverty and the high cost of living, and developing an ethical, capable developmental State. 

“Our people voted for us to collaborate to achieve their goal of creating better employment opportunities and equal economic growth in all facets of society.

“The GNU is the best tactical option for us to move the country ahead, putting our differences aside for the benefit of our great nation,” he said. 

He assured those who have business interests in South Africa and potential investors that the GNU is working together to create a conducive environment for businesses to strive. 

“As the new government, we will continue to hold the United Kingdom in a special place in our hearts, not only due to our historical ties but also because of the immense potential for collaboration and growth that exists between our two countries.” 

By fostering stronger trade and investment relationships, he said the State aims to create a “win-win” situation for both nations that will bring economic prosperity and stability. 

He acknowledged that both countries are facing various challenges impacting stagnant economic growth affected by the COVID-19 pandemic, the energy crisis and the Russia-Ukraine war. 

“South Africa is committed to reviving our economy and in this regard, we have made notable progress in terms of economic growth and development.” 

The Deputy President urged United Kingdom businesses to deepen their investment ties with South Africa as the country works around the clock to revive its economy. 

“We assure the investors that investments in South Africa are secure. Our business environment is stable as is the political environment and this is supported policy certainty and regulatory safeguards.”

He told them that government is boosting its investment in electricity generation and drawing up plans that are now being implemented, to allow more private participation in the country’s freight-rail network and reform its byzantine work permit regime. 

According to the Deputy President, measures are in place to deal with load shedding which have already shown results. 

“As a country, we are also looking at expanding our investment in the United Kingdom because we consider you to be a major economic powerhouse with a diverse and dynamic market that offers numerous opportunities for our businesses to expand and thrive.” 

He is of the view that enhancing investment relationship with the United Kingdom will open new sources of funding and expertise that can support key sectors of our economy, such as infrastructure, manufacturing, and technology. 

“By working together, we can leverage each other’s strengths and resources to promote economic growth, create job opportunities, and improve the standard of living for all our citizens. 

“We are committed to fostering a strong and mutually beneficial relationship with the United Kingdom government, based on shared values of democracy, freedom, and economic prosperity,” he added. – SAnews.gov.za

 

Gabisile
Mon, 09/30/2024 - 14:57

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