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Deputy President assures Ireland of SA’s commitment to ‘enabling environment’ for business
Deputy President assures Ireland of SA’s commitment to 'enabling environment' for business
Deputy President Paul Mashatile has assured Ireland that South Africa is committed to creating an enabling business environment that attracts investment, spurs economic development, and creates jobs.
“We understand the significance of collaboration with countries like Ireland, which share our values and aspirations for a better future. As a country, we want to enhance our exports of value-added goods and services to Ireland,” the Deputy President said on Friday.
This as the Deputy President undertook a working visit to Ireland to reinforce South Africa’s historic and warm bilateral relations with the nation where he is also expected to meet his Irish counterpart, Prime Minister Simon Harris.
READ | Mashatile undertakes working visits to Ireland and the UK
Speaking at the South Africa-Ireland Forum, the country’s second-in-command said the nation’s focus was on understanding the potential for growth in the global economy.
“It is our responsibility as leaders in our various regions to cultivate an environment that promotes entrepreneurship stimulates innovation and propels inclusive prosperity.”
The Deputy President said he was pleased 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 investment. I strongly believe that there is significant potential to significantly increase the volume and value of various products, including those that are manufactured,” he added.
He told businesspeople that there were many reasons to invest in South Africa, including the fact that the country has had political stability and peaceful elections since 1994.
“We emerged from a peaceful election and formed a Government of National Unity (GNU). All parties in the GNU pledge to uphold the 10 fundamental principles.”
These, he said, include respect for the Constitution, non-racialism, social justice, human dignity, nation-building, peace and stability, accountability, evidence-based policy, a professional developmental public service, and integrity.
The Deputy President also said South Africa prides itself on quality infrastructure and logistics, the largest presence of multinationals in Africa, a well-developed and diversified manufacturing base.
In addition, he pointed out that the country also has a lucrative emerging market, favourable market access to the global market, an innovation and technology hub, abundant natural resources, Africa’s leading financial hub, a young labour workforce, and excellent quality of life.
He also told potential investors that several South African key science and technology innovations and achievements emerge from our home soil.
He mentioned the Kreepy Krauly automatic pool cleaner, CAT scan, Q20 lubricant, Pratley Putty and Smartlock Safety Syringe.
Government interventions
Shifting his focus on the South Africa’s Economic Recovery Plan and projects like Operation Vulindlela, which he said were a collaborative effort to expedite the implementation of economic and structural reforms, are aimed at stimulating job creation and development.
To ensure the rapid expansion of energy generation capacity, he stated government’s various interventions including the announcement of a further 6800 MW of solar PV and wind power being procured through Bid Windows 5, 6, and 7.
“Future windows will procure an additional 3000 MW of gas and 513 MW of battery storage. The government has boosted private sector participation in energy generation by removing the 100MW National Energy Regulator of South Africa (Nersa) licence threshold, a game-changing announcement for the industry.
“It should also be noted that the Hydrogen Economy has been identified as a potential game changer for South Africa,” he explained.
In addition to the investment opportunities in the energy space, he said the nation wishes to explore cooperation for investment projects in sectors such as food tech, global business services, film, fintech and infrastructure in Ireland.
He believes that South Africa can benefit from Ireland’s expertise in the technplogy sector as the country is currently attracting a lot of back-office service operations from foreign companies.
“However, foreign companies from Ireland have been slow in relocating operations to South Africa.
“This engagement presents an opportunity to reverse this trend. In terms of fintech, there is a lot of capital available in Ireland that could boost South Africa’s innovative fintech. Furthermore, the film industries of both countries could benefit from enhancing cooperation in the film space could benefit both countries film industries.”
He urged Ireland to assist South Africa with the successful implementation of the projects, with the provision of requisite skills in these sectors. – SAnews.gov.za
Gabisile
Fri, 09/27/2024 - 15:47
211 views
Northern Cape’s Astro Tourism a first
Northern Cape's Astro Tourism a first
The Northern Cape has something new to offer tourists and it is a first for the African continent, says Minister of Tourism, Patricia de Lille.
“Beyond all the history, culture and beauty the Northern Cape has to offer, we are here today to launch something new the Northern Cape has to offer -- Astronomy or Astro Tourism. We at the Department of Tourism, along with the Department of Science and Innovation, are launching the National Astro-Tourism Strategy, the first country on the African continent to do so,” said the Minister.
She was speaking at the launch of the National Astro-Tourism Strategy on National World Tourism Day on Friday in Carnarvon, in the Northern Cape.
“The Astro Tourism Strategy also aims to enhance the synergy between humans and conservation and a creative link between our origins of life on earth and the origins of the universe,” said the Minister.
The Astro Tourism Strategy, she said, is expected to position South Africa as a world-class astro-tourism destination, focusing on infrastructure development, the optimal functioning of astronomy-tourism streams and community transformation.
The Gazetting Notice was published today.
“We invite the public, including the tourism and astronomy stakeholders to participate and contribute towards to strengthening this very important work by submitting their comments.
“Collaboration and partnership are critically important to take this work forward and we are thankful for national, provincial and local government working together as well as the private sector to ensure sustainable growth and local community development,” said the Minister.
She said the Square Kilometre Array telescope, the largest radio telescope in the world, was a remarkable leap towards the future, and all on African soil.
She said it was exciting that the province was leading South Africa’s proactive stance in leveraging the significant advances made in the development of the world’s largest space telescope array, with a comprehensive astro-tourism strategy.
“Today, we are here to cast the spotlight on these experiences and more and to invite South Africans, and indeed visitors from the rest of the world, to come explore this province and to engage with living cultures and traditions that continue to thrive here in the Northern Cape.
“We want to use the SKA and the Astro Tourism as a catalyst to develop the Karoo and provide opportunities for rural tourism as well as agri-tourism to develop rural areas further. The Northern Cape is the prime location to launch this strategy as 50% of the world’s population cannot see the beauty of the night sky but the African sky still remains at an advantage, by having the clearest and darkest night sky.”
The vision of the Astro Tourism strategy aims to develop and position an inclusive Astro-Tourism sector that will yield sustainable benefit-sharing opportunities by maximising on marketing efforts and enhancing visitor experience in South Africa.
The National Astro-Tourism strategic pillars were developed through a multi-discipline consultancy process involving both the tourism and astronomy stakeholders in South Africa.
The Implementation Plan’s goal is to grow astro-tourism in South Africa will be implemented, monitored and evaluated according to the three strategic pillars:
· Pillar One: Indigenous Celestial Narratives and Human Capacity Development
· Pillar Two: Infrastructure Development
· Pillar Three: Inclusive Tourism Growth and Partnerships
“There is so much untapped potential in our tourism market and we must work together on all levels of government, with the private to promote our hidden gems and give more business to SMEs and community tourism,” added the Minister. – SAnews.gov.za
Janine
Fri, 09/27/2024 - 14:50
27 views
IAB South Africa’s Online Advertising Revenue Report Shows Growth in Business-Oriented Trends
Digital advertising in South Africa is on the rise, driven by business-oriented trends, says this year’s IAB South Africa Internet Advertising Revenue Report, also known as the Online AdSpend Report. The annual report, conducted in partnership with PwC, seeks to accurately measure the total revenue generated by domestic online media, including mobile advertising. Paula Hulley, …
Eureka DIY Solutions Joins SAVA as a Packaging Producer
Eureka DIY Solutions, a trusted household name in the fastener industry since 1985, has taken a significant step in aligning its packaging practices with South Africa’s sustainability goals by joining the Southern African Vinyls Association (SAVA) as a packaging producer. Eureka, known for its extensive range of fasteners supplied to hardware retailers across the country, …
Recycled PVC Products Shine at the 2024:Best Recycled Plastic Product of the Year Awards
Recycled PVC products stole the spotlight at the 2024 Best Recycled Plastic Product of the Year Awards, announced last week at a glittering gala dinner held in Cape Town. The event, organised by the South African Plastics Recycling Organisation (SAPRO), saw three innovative products made from recycled PVC dominate the Building and Construction category, impressing …
Maximising ROI in Education: Aligning Employee Learning Paths with Corporate Strategy
By Dr Ridwaan Asvat (Director Student Services – Regent Business School) Investing in employee education is no longer just about personal development; it’s a powerful way to advance a company’s goals. HR managers are increasingly tasked with ensuring these investments align with the company’s strategic objectives. By tailoring learning paths to support business strategies, companies …
TNPA invites service providers for Liquefied Natural Gas at Ngqura
TNPA invites service providers for Liquefied Natural Gas at Ngqura
The Transnet National Ports Authority (TNPA), in collaboration with Infrastructure South Africa (ISA) and the Industrial Development Corporation (IDC), has approached the market for an Environmental Impact Assessment (EIA).
This is to encourage interested parties to submit proposals for the envisaged Liquefied Natural Gas (LNG) terminal at the Port of Ngqura.
READ | Port investments to contribute towards SA economy
The Request For Proposals (RFP) process will see the appointment of a service provider contracted to assess the environmental compliance and sustainability of the proposed LNG terminal.
This involves conducting a detailed analysis of ecological and local regulations to determine critical environmental authorisations. These include a seismic survey, marine ecology, climate change impact assessment and socio-economic assessment to support the project.
The EIA process is carried out in tandem with negotiations of the Terminal Operator Agreement (TOA) between TNPA and the Strategic Fuel Fund (SFF) to build and operate an onshore LNG regasification facility at the Port of Ngqura for 30 years.
The appointment of SFF is the outcome of a Section 79 process and directive issued by the former Minister of Transport, in accordance with the National Ports Act of 2005.
“This milestone is a critical step towards the development of the LNG terminal at the Port of Ngqura. Through its commercial seaports, TNPA is at the forefront of enabling the gas-to-power project pipeline whilst ensuring the security of supply and unlocking global opportunities for sustainable impact,” said Acting TNPA Chief Executive, Phyllis Difeto.
The Port of Ngqura LNG Terminal is one of 12 priority infrastructure projects announced in March 2024 that hold a Strategic Integrated Project (SIP) status.
The triad strategic partnership is fast-tracking the conclusion of the EAI, with the RFP closing on 30 October 2024. This partnership will also see the issuing of the RFP for Prefeasibility Studies by end September 2024.
“ISA is established to provide strategic, technical and financial advisory support to project sponsors for the planning, preparation, development and implementation of national pipeline projects and strategic integrated projects,” said Mameetse Masemola, the Acting Head of Infrastructure South Africa.
“This project is one of the flagship projects which we are proud to support and excited that progress is moving at a good pace,” he said.
Tender documents can be accessed on: https://www.idc.co.za/tenders/ and https://www.etenders.gov.za/ - SAnews.gov.za
Edwin
Wed, 09/25/2024 - 11:28
373 views
Call for unity in the empowerment of women
Call for unity in the empowerment of women
Deputy Minister in the Presidency for Women, Youth and Persons with Disabilities, Mmapaseka Steve Letsike has called on nations to unite all efforts and resources for the empowerment of women and girls.
The Deputy Minister was addressing a side event of the 79th United Nations General Assembly (UNGA79) held in New York on Wednesday.
She acknowledged that the challenge of women empowerment “is great” with women and girls facing many obstacles.
“We reiterate the severity of this challenge before us as the state of women’s empowerment leaves little to be desired, and the overall picture is consistent globally, with pockets of excellence in certain areas of development.
“Women still own a smaller share of global wealth compared to men, with the Boston Consulting Group (BCG) reporting that women owned $72 trillion of global wealth in 2020 which translates to about 17% of the total value of the global wealth held by individuals in that year.
“This disparity is linked to factors such as gender pay gaps, unequal access to financial services, and fewer opportunities for leadership roles,” Letsike said.
She added that although the challenges facing women empowerment are “evolving at an unprecedented pace”, a brighter future for all can be forged by “uniting our efforts and resources”.
“The Education Plus Initiative stands as a beacon of hope, illuminating the pathway toward empowerment for girls and young women in the fight against the spread of HIV and an increase of AIDS related deaths.
“It emphasises the vital importance of equipping women with education and skills, access to finance, security of land tenure, entrepreneurial opportunities and appointment of women to positions of leadership in both the private and public sectors.
“By doing so, we not only enhance women’s participation in the labour market but also unlock women’s immense potential to drive sustainable economic growth as meaningful participants in the various sectors of the economy.”
The Deputy Minister added that nations need to adopt an “intersectional lens as we advance policy for the empowerment of women and adolescent girls”.
“This will ensure that the unique and overlapping experiences of individuals or groups are recognised, thereby allowing us to craft our agenda to be more equitable and inclusive.
“As leaders and stakeholders in this transformative journey, we bear a profound responsibility to ensure our institutions and policies are adept at addressing the challenges of both today and tomorrow, particularly for marginalised persons,” Letsike said.
She called on world leaders to build a better future for women and girls today.
“As we move forward, let us be inspired by the potential within our youth, especially our girls. They are not just the leaders of tomorrow; they are the catalysts of change today.
“Together, we can build a world where their dreams are not limited by their circumstances, but rather fuelled by the opportunities we create for them,” Letsike said.
President Cyril Ramaphosa is leading South Africa’s delegation to the High-Level General Debate of the 79th Session of the General Assembly (UNGA79) in the United States of America. The debate of the UNGA79 is taking place at the United Nations headquarters in New York, from 24 to 30 September 2024.
– SAnews.gov.za
NeoB
Wed, 09/25/2024 - 11:45
295 views
Your Trusted Partner in the Mining Industry
By Erick Wessels, Sales Director, RS South Africa (www.Africa.RSdelivers.com).
The mining industry is facing significant challenges, from financial pressures leading to reduced margins and demanding stakeholders adding to procurement costs. Success in such an environment requires partnering with a supplier that is collaborative, flexible, and forward-thinking. RS stands as the ideal partner to help businesses in the mining sector achieve their goals while saving time and money.
Optimising supply management
At RS, we are committed to enhancing your supply management performance to drive commercial success. Our suite of next-generation inventory, procurement, and maintenance solutions is designed to reduce costs and optimise productivity. Leveraging advanced data insights, we help you streamline your supply chain, refine your processes, and identify cost-saving strategies that reduce the total cost of ownership and boost operational efficiency.
Ensuring safety in hazardous environments
Whether open cut or underground, all mining operations present extreme dangers. With stringent Health and Safety regulations in place, the risks associated with dust and other hazards must be meticulously managed. Compliance with IECEx legislation is crucial, necessitating the use of intrinsically safe products. Given the hazardous and arduous nature of the mining industry, safety is of paramount concern. Therefore, reliable PPE and safety equipment specification are critical.
RS offers a rapidly expanding range of PPE and workwear from trusted local and global suppliers, designed specifically for the harsh environments of the mining industry. Our products ensure site safety and security with advanced locks, security alarms and sensors, CCTV, and surveillance systems. In addition, we provide innovative automation and control technology to safely manage and automate processes, including signalling, sensors, and industrial robots.
Advanced energy management
Economic and environmental challenges drive the need for maximum energy efficiency in the mining industry. With carbon net zero on the horizon, energy efficiency has become a crucial topic. Our products, services, and solutions are tailored to help mining clients reduce CO2 emissions and energy consumption, thereby lowering overall costs.
We collaborate with you to understand your specific needs and apply a suite of energy-efficient products and services expertly designed to simplify energy management. Our solutions, backed by digital expertise, leverage the latest in energy efficiency technology to minimise energy waste, reduce carbon footprints, and assist you to meet your energy efficiency targets. From LED lighting to energy meters, we provide the right products to achieve your energy efficiency, health and safety, and productivity goals.
Committed to environmental management
Mining, by its very nature, has a significant impact on the environment. The industry is making great strides to mitigate these effects and ensure healthy air, land, and water in the areas where they operate. RS offers a range of products and solutions to help you manage and minimise the environmental impact of your mining operations.
Partnering with RS gives you access to our comprehensive range of solutions designed to support your mission, enhance safety, optimise energy use, and reduce environmental impact. Together, we can navigate the challenges of the mining industry and achieve sustained success.
For more information about RS South Africa's initiatives and product range, visit their website (http://apo-opa.co/3ZE7ZYV) and follow them on LinkedIn (http://apo-opa.co/3Brll0x) for regular updates on their impactful work.
Mining brochure: https://apo-opa.co/3ZFt6ds
Mining Campaign: https://apo-opa.co/3ZE7ZYV
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
Further information is available via these links:
LinkedIn: https://apo-opa.co/3XVkzSl
Facebook: https://apo-opa.co/3zvhhvU
Twitter: https://apo-opa.co/4dne5QT
RS Africa Exports: http://apo-opa.co/3XUE7q5
RS South Africa: http://apo-opa.co/3XVZ8k3
DesignSpark: http://apo-opa.co/4dsAjkA
RS Group plc: http://apo-opa.co/3ZDW6SX
RS Group:
RS Group plc is a leading global omni-channel industrial product and service solutions provider to customers who are involved in designing, building and maintaining industrial equipment and operations, safely and sustainably. We stock more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million customers. With operations in 31 countries, we trade through multiple channels and ship over 60,000 parcels a day.
We support customers across the product life cycle, 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 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 2022 reported revenue of £2,554 million.
SA Department of Communications and Digital Technologies Partners With Africa Tech Festival 2024, Hosts Exclusive Ministerial Summit
Informa Tech, organisers of the 27th annual Africa Tech Festival (www.AfricaTechFestival.com) 2024, are pleased to announce that the South African Department of Communications and Digital Technologies (DCDT) will be an official partner of this year's event, taking place from 12 to 14 November in Cape Town.
Incorporating AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town, Africa Tech Festival 2024 will welcome 15,000 visitors, over 400 speakers, and more than 300 exhibitors. Topics include enterprise tech innovation and disruption across key sectors such as artificial intelligence, cybersecurity, cloud and data centres, and green ICT.
“Africa Tech Festival is the largest and most influential telecoms and technology event in Africa, with an audience that spans the entire ICT ecosystem, including trade and other ministries. The partnership with the DCDT is a clear indication of the South African government's commitment to engaging with these key stakeholders from across the continent, opening dialogue, sharing insights, and working together to advance Africa's digital transformation journey,” said Informa's James Williams, Event Director of Africa Tech Festival.
One of the highlights of the partnership is the AfricaCom 2024 Ministerial Summit, a closed-door VIP event bringing together close to a dozen African and international ministers from across critical sectors such as ICT, innovation, trade, finance, education, and enterprise. The Ministerial Summit will provide government leaders with a platform that facilitates discussion, collaboration, and sharing of learnings on how progressive policy is nurturing tech ecosystems, building efficient workforces, unlocking technological innovation across public and enterprise sectors, and driving Africa's socioeconomic development.
Another initiative that forms part of the partnership is an exclusive government pavilion at which a small group of top South African businesses, SMEs, and startups will be hosted, again reflecting top-tier support for businesses that are contributing to the country's technology-driven agenda.
“The importance of collaborative efforts and partnerships in realising our goal of a connected and digitally transformed society cannot be overemphasised. The Africa Tech Festival presents such platform for different innovative minds to come together to explore and exchange tech solutions for Africa and the rest of the world. This global platform will not only afford us an opportunity to learn best practices but also afford our SMEs to market their innovative solutions to the more than 15 000 visitors from across the globe. We are committed to ensuring that Africa does not become a mere consumer of digital solutions developed elsewhere but a meaningful participant in the digital economy by being a supplier of solutions and infrastructure that are tried and tested in our shores. We are looking forward to welcoming the world to our shores.” said Ms Nonkqubela Jordan-Dyani, Director-General of the Department of Communications and Digital Technologies.
The introduction of the Ministerial Summit, along with the official endorsement of the event by the DCDT, add significantly to the depth of Africa Tech Festival. In addition to showcasing the immensely innovative nature of the industry, the event is also a targeted networking platform for tech leaders, role-players, and investors to make a positive contribution to Africa's successful navigation of a tech-driven future.
Confirmed Africa Tech Festival 2024 speakers include:
- Faith Burn, Chief Information Officer, Eskom Holdings SOC
- Funke Opeke, CEO, MainOne
- Kerissa Varma, CISO, Vodacom Group
- Leo Skarlatos, CEO, AT (formerly Airtel Tigo)
- Mary Mahuma, CIO, Southern Africa, Philip Morris
- Motunrayo Opayinka, Founder and CEO, Womenovate
- Nollie Maoto, Chief Data and Analytics Officer – Merchant Services, FNB South Africa
- Norbert Prihoda, Deputy CEO, Tunisie Telecom
- Prasanna Kumar Burri, Group Chief Information Officer, Dangote Group
- Samwel Magesa, Chief Data Officer, NBC Bank
- Simbah Mutasa, Managing Director, Bank of America
- Sithembile Songo, CISO, Eskom Holdings SOC
- Hon. Solly Malatsi, Minister, Ministry of Communications and Digital Technologies, The Republic of South Africa
- Hon. Rose Pola Pricemou, Minister, Ministry of Posts, Telecommunications and Digital Economy, Republic of Guinea
- Sitoyo Lopokoiyit, CEO, M-Pesa
- Brelotte Ba, Deputy CEO of Orange Middle East and Africa, Orange
- Hazem Metwally, CEO, e& Egypt (etisalat)
- Christian Bombrun, Group CEO: Digital Platforms, MTN Group
- Faith Burn, Chief Information Officer, Eskom Holdings SOC
- Funke Opeke, CEO, MainOne
- Thomas Dohmke, CEO, GitHub
- Alex Okosi, Managing Director, Africa, Google
- Hardy Pemhiwa, President & Group CEO, Cassava Technologies
- Morgane Imbert, CEO (South Africa), Jumia
Register now to secure your spot and join us in shaping the future of technology in Africa: https://AfricaTechFestival.com/
Distributed by APO Group on behalf of Africa Tech Festival.
About Africa Tech Festival:
Africa Tech Festival, including anchor events AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town is part of the Informa Tech Connecting Africa event series.
A vibrant celebration of Africa's diverse community of tech champions, Africa Tech Festival is the largest tech and digital connectivity conference and exhibition in Africa, attracting hundreds of exhibitors, more than 400 speakers and more than 15,000 delegates.
A Guide to Choosing the Right Padel Racket for Your Game
Padel has rapidly gained popularity worldwide, and with this growth comes the need for high-quality equipment, especially when it comes to choosing the right racket. Whether you’re just getting started or looking to upgrade your gear, selecting the right racket can have a significant impact on your performance. In this guide, we will take a …
The Benefits of Saunas for Your Home in Cape Town and Johannesburg
Saunas have long been associated with relaxation, health benefits, and overall wellness. Whether you’re looking for a way to unwind after a long day or seeking to improve your health, investing in a sauna can provide the perfect solution. For those in Cape Town and Johannesburg, home saunas have become increasingly popular, providing the convenience …
Critical minerals sector key to driving global economic growth
Critical minerals sector key to driving global economic growth
President Cyril Ramaphosa has emphasised the importance of the critical minerals sector in driving global economic growth and sustainability.
By leveraging key sectors such as mining, energy, and manufacturing, the President said South Africa is set to improve its business environment and attract much-needed investment.
He was addressing the African Minerals Forum hosted by the Business Council for International Understanding (BCIU) and Prosper Africa on the sidelines of the United Nations General Assembly (UNGA 79), in New York, USA, on Monday.
He highlighted that four months ago, South Africa held national general elections, which ushered in a Government of National Unity, where 10 political parties have come together to coalesce around a common agenda for economic growth and sustainable development.
President Ramaphosa underlined South Africa's commitment to reducing greenhouse gas emissions and mitigating climate change through the country's Just Energy Transition Plan. This plan aims to guide the shift from coal to renewable energy, while also ensuring equitable economic opportunities for affected communities.
“South Africa's and Africa’s critical minerals sector has a crucial role to play in this regard, and we recognise the importance of collaboration with other countries to develop the potential of our critical minerals sector.
“The US in particular has established expertise in advanced mining technologies, automation and sustainability practices.
“We want to strengthen our ties with US companies and institutions to foster technological advancements, enhance supply chain efficiencies and attract investment into our mining sector,” the President said.
The President also emphasised that South Africa strongly endorses the United Nations Secretary-General’s position paper on Critical Energy Transition Minerals, where he highlights the importance of beneficiation, benefit sharing, local value addition and economic diversification.
“It would not be an understatement to say that the minerals that lie beneath the soil of Africa are powering the green energy revolution. Thirty percent of the world’s proven critical mineral reserves are found in Sub-Saharan Africa.
“South Africa has substantial reserves of platinum group metals, manganese, vanadium as well as chromium.
“These resources are fundamental to the development of cutting-edge technologies that drive progress in various sectors. What will be critical is to ensure that this progress does not leave Africa behind,” he said.
The President stressed the need to avoid perpetuating colonial-era exploitation, where African countries primarily export raw minerals. He said that by focusing on beneficiation and domestic processing, African nations could see significant economic growth.
President Ramaphosa highlighted that beneficiation and local processing of critical minerals could increase the continent’s GDP by 12% or more by 2050.
He cited estimates suggesting that African countries could generate USD 24 billion annually in GDP and create 2.3 million jobs by investing in mining beneficiation and domestic processing.
President Ramaphosa highlighted the strides made by SASOL, South Africa’s flagship petrochemical company, in leading green hydrogen technologies research and development.
“As the global automotive industry moves towards Electric Vehicles and New Energy Vehicles, we are leveraging our rich experience with automotive production to get some of the world’s leading automotive manufactures with a footprint in South Africa to produce more their green vehicles in our country,” he said.
Despite improvements in the beneficiation of South Africa’s mineral exports, President Ramaphosa admitted that more needs to be done.
He underscored the country’s commitment to creating a supportive policy framework for the critical minerals sector, focused on streamlining regulations, fostering innovation in mining technologies, building workforce skills, improving transport and logistics infrastructure, and incentivising investment.
South Africa's five-point policy approach aims to create a supportive environment for the critical minerals sector. This includes simplifying regulations, supporting research and development in mining technologies, investing in workforce skills, improving logistics infrastructure, and incentivising domestic and international investment.
“South Africa also has a beneficiation strategy that seeks to translate the benefits of our country’s mineral endowments into a national competitive advantage.
“As the UN Secretary-General’s paper has noted, Critical Energy Transition Minerals can transform economies, create green jobs and foster sustainable local, regional and global development,” he said.
President Ramaphosa further stressed that for the potential of critical minerals to be fully realised, both mineral-producing nations and their end-user countries must embrace inclusivity.
He emphasised the importance of creating decent work opportunities, eradicating exploitative practices such as child and forced labour, and ensuring human rights protections.
Local beneficiation and industrialisation were highlighted as priorities, alongside environmental safeguards to ensure sustainable extraction practices.
The President urged for a long-term focus on inter-generational equity, recognising that critical minerals are vital for solving global challenges like climate change, energy, and food insecurity.
He called on US companies to collaborate in fostering sustainable development.
“By leveraging our respective strengths, pursuing strategic collaborations, and implementing supportive policies, we stand ready to meet the demands of the global market and drive sustainable development.
“I call on US companies and investors to join us on our journey,” he said. – SAnews.gov.za
DikelediM
Tue, 09/24/2024 - 10:07
396 views
Leading Fintech M-KOPA Reaches 5 Million Customers, Unlocking $1.5BN in Credit Across 5 Markets
M-KOPA (https://M-KOPA.com/), a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers have come onboard in the past 15 months.
M-KOPA's innovative model makes affordable smartphones embedded with financial services available to ‘Every Day Earners': the wide majority of African adults who earn their income daily but struggle to afford smartphones and typically fail to qualify for conventional financial services. According to the World Bank, 75% of adults in sub-Saharan Africa remain financially excluded. To date, M-KOPA has supported its customer base with more than US $1.5 billion in financing.
Starting with smartphone access, customers gain entry to the digital economy with an affordable daily repayment model, which fits their daily income and cash flow and makes it easier to manage. By leveraging rich payments data and proprietary AI-driven analytics, M-KOPA builds a credit record for each customer which forms the foundation for a long-term financial relationship for lower cost digital loans, affordable data subscriptions and medical insurance.
According to M-KOPA co-founder and CEO, Jesse Moore: “We are thrilled to welcome our 5 millionth customer to M-KOPA this month. The scale of our operations and our positive impact on customers is what keeps us working hard to go even further. We're just getting started; the opportunity for much larger impact and scale is right in front of us.”
M-KOPA also published its 2024 Impact Report this week, in which the company annually releases its progress against key social and environmental impact metrics. As with prior reports, the 2024 survey of M-KOPA customers was undertaken by a third-party company – Dalberg Research.
Key impact highlights from the 2024 report include:
- 92% confirm that M-KOPA's financing has made technology more affordable.
- 80% of customers report an improved quality of life thanks to M-KOPA's products.
- 70% credit M-KOPA with helping them achieve their financial goals, demonstrating the company's contribution to financial empowerment.
- 62% use their M-KOPA product to generate income
The company is having a major impact in improving digital access in Africa. Nearly 2 million customers are first-time mobile internet users and 40% are women. M-KOPA also built the first and largest smartphone assembly factory in Kenya – which has produced more than 1m phones locally and further reduced the cost of access.
As with prior reports, M-KOPA's board and management use the annual impact report to help shape forward company strategy. Based on this year's findings, M-KOPA is working to further increase its percentage of female customers to 50%, to reduce its carbon footprint by making circularity central to its smartphone supply chain, and to continue pioneering green products like electric motorbikes that contribute to the health and sustainability of the communities where it operates.
M-KOPA's Chief Product Officer Nena Sanderson, notes: “Our product and services build pathways to prosperity for our customers and agents, enabling them to overcome financial setbacks, generate income and progress towards the futures they aspire to. Our impact extends beyond our customers, reaching their families and communities, and contributing to building a more sustainable world.”
Headquartered in London, UK, M-KOPA now creates employment for more than 3,000 staff and 30,000 commission-based sales agents across Kenya, Uganda, Nigeria, Ghana and South Africa. The company has been recognised by the Financial Times as one of Africa's Fastest Growing Companies for the past 3 years, and by Time Magazine as one of the 100 Most Influential Companies globally for the past 2 years.
To read the full report, download it here: M-KOPA Impact Report 2024_Pathways To Progress (http://apo-opa.co/4eguFD2).
Distributed by APO Group on behalf of M-KOPA.
For media enquiries, please contact:
Wimbart
mkopa@wimbart.com
About M-KOPA:
M-KOPA is a UK-headquartered emerging market fintech that provides affordable smartphones and digital financial services. With operations in Nigeria, Ghana, Kenya, South Africa and Uganda, the company has extended over $1.5 billion in credit to more than 5 million customers. Using an innovative financing model based on daily repayments, M-KOPA provides affordable smartphones embedded with financial services that fit with the cash flow of millions of underserved individuals who earn their income on a daily basis.
By leveraging rich payments data and proprietary AI-driven analytics, M-KOPA builds a credit record for each customer which forms the foundation for a long-term financial relationship for digital loans, affordable data subscriptions and insurance.
The company employs over 3,000 staff and 30,000 sales agents across its African markets. M-KOPA has been recognised by the Financial Times as one of Africa's Fastest Growing Companies for the past 3 years, and by Time Magazine as one of the 100 Most Influential Companies globally for the past 2 years.
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Celebrating This Year’s 25 Under 40 Energy Women Rising Stars
As Africa's energy sector continues to grow, a new generation of women is breaking barriers and redefining leadership in this critical industry. The African Energy Chamber (AEC) (www.EnergyChamber.org) proudly announces the 2024 edition of the 25 Under 40 Energy Women Rising Stars – a group of outstanding individuals whose innovation, perseverance and passion are transforming the landscape of African energy. These trailblazers are not only reshaping a traditionally male-dominated field but are also playing a vital role in the journey to end energy poverty by 2030. The AEC proudly honors these women as they lead the charge toward a more sustainable and equitable energy future.
In alphabetical order:
Amena Bakr, Senior Research Analyst, Energy Intelligence
Amena Bakr is a Senior Research Analyst at Energy Intelligence. Specializing in the energy transition, corporate strategy and market analysis, Bakr leads insights on oil markets, OPEC policies and political trends in the Middle East and Gulf Arab region. Her previous roles include Chief OPEC Correspondent and Dubai Deputy Bureau Chief, where she earned accolades such as the OPEC Award for Best Journalist and the IAEE Excellence in Written Journalism Award. Bakr holds a BA in Business Administration from the Arab Academy for Science, Technology & Maritime Transport, Egypt.
Amoetsoe Mkwena, Senior Associate, Watson Farley & Williams (Middle East)
Amoetsoe Mkwena is a Senior Associate at Watson Farley & Williams, specializing in energy and infrastructure with a focus on Africa. She advises on international projects, including the $15 billion Simandou project in Guinea. Mkwena's expertise includes power, renewables, oil and gas, and mining. Her legal skills and ability to bridge cultural divides make her a key player in Africa's energy sector.
Asha Amani, General Manager, INTERAFCON
Asha Amani is the General Manager at INTERAFCON, where she blends strategy and leadership to drive growth in complex energy projects. With seven years in Industrial Engineering and five years in the energy sector, Amani excels in business strategy, opportunity identification and project management. Her previous role as a Business Development Consultant at Tetco Consulting focused on delivering tailored solutions for the energy, engineering, and construction sectors.
Blandine Biaou, Geological Engineer, Head of Research and Prospection Department, SNH-Benin
Blandine Biaou, Head of the Research and Prospection Department at SNH-Benin, specializes in hydrocarbon exploration. She has optimized Benin's energy sector through resource management and contract revisions. Biaou has developed a modern data center and interactive database, contributing to national projects and representing Benin in international conferences, positioning it as a hydrocarbon hub.
Charné Hollands, Deputy Editor, Energy Capital & Power
Charné Hollands is the Deputy Editor at Energy Capital & Power, the leading investment platform for the African energy sector. She produces content on the entire energy value chain in Africa, with a focus on oil, gas, renewable energy and energy policy. Hollands holds a Master's in Media Studies from the University of Cape Town and has co-authored African Energy Chamber: Road to Recovery.
Emokiniovo Dafe-Akpedeye, Managing Partner, Compos Mentis Legal Practitioners
Emokiniovo Dafe-Akpedeye, a leading dispute resolution lawyer, specializes in complex oil and gas cases. She has represented Shell Petroleum and serves as company secretary for the Ebendo Host Community Trust Board. With degrees from Oxford and Bristol, she shapes oil and gas law and is implementing digital solutions to streamline board operations.
Fatimat Adenike Olanrewaju, General Field Engineer, SLB
Fatimat Adenike Olanrewaju, a Chemical Engineering graduate, is a General Field Engineer at SLB, focusing on wellhead installations and emissions reduction. She excels in a male-dominated field and leads community service through SLB's SEED initiative, advocating for gender diversity and mentoring.
Gracia Munganga, Senior Technical Advisory, ABT Global
With a Master's degree in Chemical Engineering from the University of Cape Town, Gracia oversees operations for the company, which has been designing and commissioning solar PV systems across sub-Saharan Africa since 2018. Her career includes roles at GreenCape, Anaergia Africa, the Climate Innovation Centre South Africa (CIC-SA), and the Carbon Trust.
Ifeoma Adeoye, CEO, IMSE Energy Resources Limited
Ifeoma Adeoye, CEO of IMSE Energy Resources Limited, leads the company in EPCI services and innovative crude evacuation technology. A graduate of the University of Manchester and Warwick, she also founded Business Nest Investments and BNI Insurance Brokers Limited, to empower and protect people and businesses through microfinance and insurance.
Jamilla Massamba, Health Safety and Environment Manager, SLB Congo
Jamilla Massamba, Health, Safety & Environment Manager at SLB Congo, leads HSE initiatives across Africa. With a Master's in Environmental Management Sciences, she has conducted over 100 audits and received awards for her work. Massamba also mentors young women in STEM and leads green energy projects.
Janice Faria, CEO, Enagol: Energias de Angola
As CEO of Enagol, Janice Faria has elevated the company's national and international profile. Under her leadership, Enagol competes globally and services International Oil Companies, setting a precedent for local enterprises in the global market.
Jocelyne Machevo, Communication, Commercial & Marketing Manager, Vivo Energy Mozambique
Jocelyne Machevo, formerly with Eni Mozambique, played a key role in the Coral FLNG Project and led the company's local brand transformation. Now at Vivo Energy Mozambique, she focuses on energy transition and decarbonization projects.
Lilian Kamanja, Electrical Engineer, Kenya Power
Lilian Kamanja is a Renewable Energy Specialist at Kenya Power with over nine years of experience in electrical engineering, network operations, and renewable energy development. She holds a BSc from the University of Nairobi and an M.Tech from IIT Delhi, focusing on renewable energy projects that enhance power accessibility and reliability.
Kanni Touray, Deputy Director General, Petroleum Commission, The Gambia
Kanni Touray, The Gambia's youngest and first female Deputy Director General at the Petroleum Commission, has enhanced the organization's efficiency and visibility. She champions sustainable development and energy transition, positioning The Gambia as a growing player in the global energy market.
Lizette Bouddhou, Human Resources Manager, SLB Congo and Gabon SLB
Lizette Bouddhou, HR Manager at SLB Congo and Gabon, drives diversity and workforce development. She leads recruitment and training initiatives, boosts employee engagement, and advances community outreach through educational partnerships, supporting women in STEM.
Maggie Mutesi, Managing Editor, Mansa Media
Maggie Mutesi is the Managing Editor at Mansa Media, with over 15 years of experience in major media outlets including CNN, BBC and CNBC. Her reporting spans over 30 African countries, focusing on trade and investments. At the BBC, she managed BBC Africa's daily live program, Money Daily. Mutesi has also extensively covered the Africa Continental Free Trade Agreement, working with the African Union and Afrochampions Initiative to enhance awareness among Africa's private sector.
Marilia Sitoe, Subsea Engineer, Eni Rovuma Basin
Marilia Sitoe, a Subsea Engineer at Eni Rovuma Basin, focuses on optimizing Mozambique's gas sector. Her work includes deep-water gas production and subsea infrastructure for Coral South FLNG. Sitoe's research supports Mozambique's economic growth and sustainability goals.
Mervin Azeta, Engineer, SLB
Mervin Azeta, a leader at SLB, has advanced from field engineer to corporate strategist. Recognized for her impact on African communities and the global industry, she is active in non-profit boards and connects young Africans with top leaders, fostering learning and inspiration.
Munolwisho Elizabeth Ipangelwa, Green Hydrogen Advisor, GIZ
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Ozioma Agu, Partner, Stren & Blan Partners
Ozioma Agu, a Partner at Stren & Blan Partners, excels in high-profile energy and infrastructure transactions. Her work includes advising on Mobil and Shell divestments and renewable projects. Agu has earned awards for her expertise in oil and gas and green hydrogen.
Pauline Murari, Contracts Manager SLB Angola, Central and East Africa
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Pearl Enyam Akosua Akude, Business Line Job Delivery Lead, SLB
Pearl Enyam Akosua Akude, with over 35 wells drilled, is a leader in the energy sector. She handles complex projects, trains engineers, and has contributed to innovations like TerraSphere and Net Zero Development in Africa, impacting the region's energy landscape.
Rita Bagaine Kagoro, Talent Acquisition Manager SLB: Angola, Central and East Africa
Rita Bagaine Kagoro, a Ugandan Petroleum Engineer, has seven years of experience and holds degrees from China University of Petroleum and Delft University of Technology. Her roles include Measurements and Logging While Drilling Engineer and Drilling Product Engineer. Kagoro has innovated drilling technologies to enhance efficiency and reduce CO2 emissions. She is passionate about leadership, mentorship, and advocating for diversity in hiring and women in energy.
Tania Silva, CEO, Angola LNG Marketing
Tânia Silva is the CEO of Angola LNG Marketing, the company's first female and youngest CEO. She oversees LNG sales, liquids contracts, and the shipping fleet. Previously, Silva was Head of Non-Operated Assets at Sonangol Gás e Energias Renováveis, S.A., where she managed non-operated assets and contributed to renewable energy projects. Her career is marked by leadership and innovation in the energy sector.
Tokollo Matsabu, Women Leader in Energy & Climate Fellow, Atlantic Council
Tokollo Matsabu is a 2024 Women Leaders in Energy and Climate Fellow and Director at Patlong Advisory, a consulting firm focused on energy programs and carbon sequestration in Africa. She is pursuing an MS in Global Energy and Climate Policy at the University of London's School of Oriental & African Studies, with a focus on critical minerals. Matsabu has a background in financial journalism and has conducted risk analyses for various stakeholders in the Global South. She holds a Bachelor's degree in International Relations, Media and Writing from the University of Cape Town.
Distributed by APO Group on behalf of African Energy Chamber.
Eskom, Sasol sign gas MoU
Eskom, Sasol sign gas MoU
Eskom and energy and chemical company, Sasol, have signed a Memorandum of Understanding (MoU) to “collaboratively explore and research potential future liquified natural gas (LNG) requirements”.
This is according to a joint statement released by the two companies, following the signing ceremony of the MoU on Friday.
“The collaboration aims to determine the potential volumes that South Africa requires to establish a viable LNG import market, along with the enabling infrastructure, and will be facilitated by government-to-government relations where necessary.
“This initiative focuses on using gas for power generation to provide essential base load electricity and position gas as a key enabler of re-industrialisation, while also ensuring continued supply to the market by unlocking global LNG resources.
“Furthermore, the collaboration will contribute to enhancing South Africa’s energy mix and enable the country’s energy transition and decarbonisation,” the joint statement read.
The MoU is expected to “explore sourcing gas within South Africa, the Southern African Development Community region, and other parts of the African continent, in addition to evaluating long-term LNG contracting”.
“This will support the gas requirements for Eskom’s planned coal power station repowering and conversion to gas in the long term. The parties will also engage other state entities to enable an LNG value chain in South Africa.
“As part of its revised gas strategy, Sasol is working on enabling the future supply of LNG to South Africa by collaborating with companies such as Eskom, existing and future customers, suppliers, and infrastructure developers.
“The research findings from the first phase of the Sasol-Eskom collaboration will guide the necessary role players and investors required to offer the best prospects for South Africa’s energy market, while outlining the challenges associated with the long-term commitments required for LNG imports,” the statement said.
Speaking at the signing ceremony, Minister of Energy and Electricity, Dr Kgosientsho Ramokgopa, explained the importance of the collaboration between two of South Africa’s biggest energy related companies.
“We have made it clear that we are serious about LNG solutions for the country, and that our demand for gas across both industrial and energy frontiers will unlock these solutions.
“This collaboration between our two energy champions – one public, one private – will provide a data-driven and commercially sound basis for gas-fed industrialisation and for us to explore the well-worn path to lower carbon energy that the global north has already taken by scaling gas to power.
“Gas has emerged as the second-largest contributor to global electricity production, experiencing rapid growth as many countries shift from coal to gas in their energy mix to enable positive implications for climate change, as gas typically emits less CO2 per unit of energy,” Ramokgopa said.
Eskom Group Chief Executive, Dan Marokane, said the two companies can collaborate to work on the transition to lower carbon methods.
“We have a great deal of experience as the two largest users of coal in South Africa and we felt by working together we could accelerate the climate change transition in a responsible way which sets the country up for the best economic, environmental and social outcomes and addresses the imminent gas supply shortfall.
“Eskom is focused on a balanced and diversified energy mix based on existing coal and nuclear and introducing gas for baseload power, as well as renewables, energy storage systems including batteries and pumped hydro, to achieve overall security of supply and to meet and exceed rapidly expanding energy demand,” Marokane said. – SAnews.gov.za
NeoB
Fri, 09/20/2024 - 14:15
413 views
Financial Services Sector Calling Out for Clear Line of Sight on AI, ESG Regulatory Horizon
Businesses say the lack of clarity around ESG and AI regulation is a key challenge to realising the benefits of technology and innovation; Despite recognising the business opportunity with AI, as firms opt to bring in suppliers rather than recruiting in-house specialists, they may be left without the internal talent - risking falling behind the curve in the future.
New survey data from global law firm, DLA Piper, has shown that the Financial Services (FS) sector is calling out for clearer and proportionate regulations surrounding AI and ESG to help them realise the benefits these trends offer.
In its global report - Financial Futures: Disruption in global financial services (https://apo-opa.co/3zhzr4e), published today, the firm found that eight in ten respondents are optimistic about future industry growth prospects for the financial services industry. UK and US organisations reported the highest confidence (93% and 90% respectively) with Africa remaining more cautious (50%).
Amongst organisation types, the research finds that banks are the most optimistic (88%), with optimism being driven by digitalisation and advancements in technology. Respondents from global FinTechs however, are feeling the least positive (72%).
The high levels of optimism are being attributed to advancements in technology (71%), the launch of new products and services to drive growth (55%) and changing consumer and investor behaviours (38%).
However, clarity and a proportionate approach is key as 58% of respondents cite regulation complexity around technology as a key challenge globally, and nearly three quarters (73%) go on to say that current regulations stifle innovation efforts.
For those looking at other locations for optimal conditions for growth , the US is seen as the most attractive market (35%), followed by the EU (24%). South African and Middle Eastern respondents are the most optimistic for the positive impact AI will bring (72%, and 64% respectively), highlighting an appetite for investment, despite apparent lower levels of confidence in the local market.
AI and Digitalisation will transform the financial services sector, but businesses need a plan
Whilst the majority of respondents (86%) believe that AI will transform the sector, half (53%) see AI as one of their main challenges- even so, only four in ten (both 39%) are committed to hiring experts in the field of AI and imposing governance /oversight structures to maximise the related opportunities; and half of the companies surveyed lack in-house specialists and are opting to work with specialist subcontractors.
Without this internal talent, businesses risk falling behind the curve in the future.
Ethical AI concerns are highly documented, yet only 56% of the organisations surveyed are developing ethical frameworks to guide their efforts. Without an ethical framework in place, businesses put themselves at risk of not meeting stakeholder, customer and board demands around AI deployments. It is vital for businesses to have a clear plan and direction in place before they start their AI journey.
Despite not having frameworks to use, businesses report a clear understanding of the benefits AI can offer, such as managing regulatory compliance (63%); followed by fraud detection and prevention (62%). A fifth (21%) of businesses are worried about compliance issues as they look to manage the cyber security and data protection risks associated with AI.
The importance of ESG cannot be understated
As businesses grapple with changing ESG regulations across multiple jurisdictions, nearly (46%) half of businesses globally have ambitions to position themselves as a leader and innovator on sustainability and ESG.
The appetite to drive ESG agendas forward is clear, but businesses report concerns on achieving their goals - over half of respondents (56%) would like to see more ESG regulation to support them in meeting their objectives, and 43%% want to understand the current regulations better.
Businesses seem clear on the ESG challenges they need to navigate, with half stating that the reputational risk of ESG positioning is their biggest challenge, followed by integration of ESG throughout the business (47%). Businesses also ranked accurate reporting as a challenge which they are struggling to address.
The negative external reputational risk of not complying with and need to comply with regulations are the biggest drivers for firms to engage in ESG activities (70% and 52% respectively). However, pressure from shareholders and senior management ranked lowest at 36% and 34% respectively.
As the sector engages with ESG activities, almost 6 in ten (57%) plan to develop new ESG-focused products and services, and half are developing new technologies, yet staff development and training to optimise ESG efforts remains low on the agenda (17%).
Almost half of the sector has ambitions to position their business as an ESG leader, whilst a third (34%) plan to replicate successful approaches by their peers. Not all organisations are so proactive - A fifth (19%) will wait until stakeholders and customers demand an approach, before making any decision.
Mark Dwyer Global Co-Chair of the firm's Financial Services sector group at DLA Piper commented: "While our survey shows a high level of optimism within the financial services sector, our research reveals a need for FS organisations to go further in planning around resourcing and regulatory horizon scanning in order to navigate the opportunities that AI and other new technologies offer.
"It is clear that ESG factors are driving changes to activity in financial markets; from financing the enormous capital requirements for transition, to ensuring accurate reporting of environmental, social and governance metrics to facilitate choice for investors and supervision and stress-testing by regulators. It is therefore vital that leaders take note of the challenges and opportunities presented by ESG and define a clear plan. Both ESG and innovation will be key to business success long into the future."
Johannes Gouws, Country Managing Partner, DLA Piper South Africa added: "In light of the challenges our report identifies, financial services organisations are placing a higher focus on horizon scanning, as well as mapping out global regulatory implications. Balancing adequate and over-regulation in developing markets is always challenging. However, it is crucial for regulations in African markets to keep pace with international developments in order to limit regulatory arbitrage and protect the sector's integrity. Proportionate regulation in the sector is key, and can be a competitive advantage in attracting business and investment. With DLA Piper's pan-African and global reach, we can help clients to simplify their cross-border challenges whilst supporting their resilience in the face of constantly changing risks."
Distributed by APO Group on behalf of DLA Piper.
Notes to editors:
DLA Piper commissioned Coleman Parkes Research to canvass views of key decision-makers in global financial services organisations across the EMEA and APAC regions and North America. Nearly 800 interviews were conducted online in March and April 2024 with executives in key businesses across banking, funds and fund managers, fintech and financial services market infrastructure firms with revenues from USD1 million.
Contact:
Suraj Mashru
Senior PR Manager (UK & International), DLA Piper
+44 (0) 207 153 2617
Suraj.Mashru@dlapiper.com
About DLA Piper
DLA Piper is a global law firm helping our clients achieve their goals wherever they do business. Our pursuit of innovation has transformed our delivery of legal services (https://apo-opa.co/3MPSGou). With offices in the Americas, Europe, the Middle East, Africa and Asia Pacific (https://apo-opa.co/4dczEU6), we deliver exceptional outcomes on cross-border projects, critical transactions and high-stakes disputes.
Every day we help trailblazing organizations seize business opportunities and successfully manage growth and change at speed. Through our pro bono (https://apo-opa.co/3BkLxde) and sustainability (https://apo-opa.co/4djCiHE) work, we support communities around the world and help create a more just and sustainable future. Visit www.DLAPiper.com to discover more.
Isilumko Staffing Launches Comprehensive Diversity and Inclusion Initiative to Foster Equitable Hiring Practices
Isilumko Staffing, a leading recruitment agency in South Africa, has announced the launch of a comprehensive Diversity and Inclusion (D&I) initiative aimed at promoting equitable hiring practices across various industries. This strategic move aligns with the company’s core values of integrity, ownership, and positive contribution while supporting clients in building diverse, high-performing teams. Initiative Overview …