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Founders Foundation has opened applications for its Accelerator Programme to Empower young entrepreneurs with essential skills in sales, marketing, and finance. Founders Foundation is excited to announce that applications are now open for its highly anticipated Accelerator Programme. This unique initiative is designed to empower South African entrepreneurs under the age of 35 by providing …
Durban-based transport company CR Logistics wanted to add a lightweight interlink combination trailer to its fleet… and chose Serco to build it for them! Serco delivered and Claude Moodley of CR Logistics is now more than happy with the result. “We decided we needed a new lightweight tautliner and looked at a variety of options …
Minister Meth attends 2nd BRICS Labour and Employment Ministers meeting in Russia
Employment and Labour Minister Nomakhosazana Meth is today attending the 2nd Brazil, Russia, India, China and South Africa (BRICS) Labour and Employment Ministers Meeting (LEMM) in Sochi, Russia.
The Ministers from different countries will share experiences and good practice on priorities during the two-day meeting which commenced on Monday and concludes today.
International organisations such as the International Labour Organisation (ILO) and the International Social Security Association provide technical support to the LEMM.
Priorities discussed at the gathering, include the development of a system of vocational guidance and lifelong professional education for the entire population; the role in the labour market and the problems of regulating the work of platform workers; ensuring safe work and social security for employees and the development of social support for citizens of the BRICS countries.
“The gathering is important for South Africa, as the main objective is to facilitate cross-collaboration, knowledge-sharing, and monitoring and evaluation, in achieving our goals,” Minister Meth said. – SAnews.gov.za
DikelediM
Tue, 09/10/2024 - 13:55
Labour Minister pleased with bargaining council collective agreement
Employment and Labour Minister Nomakhosazana Meth has congratulated all the parties at the South African Local Government Bargaining Council (SALGBC), for concluding a multi-year collective agreement.
The landmark five-year agreement signed by the South African Local Government Association (SALGA) which represents 257 municipalities nationwide, the South African Municipal Workers Union (SAMWU) as well as the Independent Municipal and Allied Trade Union (IMATU), will see employees receiving a 6% salary increase effective 1 July 2024, and an additional 1.5% from 1 March 2025.
The department also commended the parties for concluding the collective agreement that provides certainty to the labour market and assures service delivery to communities.
The agreement sets a positive precedent for future negotiations and demonstrates the effectiveness of collaborative problem-solving.
Furthermore, the department said it underscores the importance of maintaining open communication channels and working towards mutually beneficial solutions.
Such agreements not only enhance trust between employers and employees but also contribute to the overall well-being of the broader community, it said.
Furthermore, the department said the successful resolution of this bargaining process reflects a commitment to sustainable development and social cohesion.
“It is encouraging to see parties using social dialogue to resolve their differences. This affirms the truth that social dialogue remains a crucial vehicle for resolving labour market disputes peacefully. When collective bargaining is free from violence and damage to property, it creates labour market stability, which is crucial for attracting the required investment to combat poverty, unemployment, and inequality.
“By addressing the needs and concerns of both parties through constructive dialogue, the agreement paves the way for a more harmonious and productive working environment. This approach will undoubtedly benefit all stakeholders and foster a more resilient labour market,” Meth said. – SAnews.gov.za
DikelediM
Tue, 09/10/2024 - 14:14
Join The Upside this September. Do you have a story to share about how you choose to #JoinTheUpside? We want to hear how you made the most of a hard-luck moment or how you’re inspiring your community… from helping yourself to helping others join the upside! Share it in the comments on our social media …
Rural food hubs to improve EC food security
The Eastern Cape Department of Rural Development and Agrarian Reform (DRDAR) plans to establish food hubs in rural areas, which will enable subsistence and home-based vegetable producers to collect, store and process their produce for the local market.
Unpacking the department’s food security plans for this term on Tuesday, Rural Development and Agrarian Reform MEC, Nonceba Kontsiwe, said the department will support communities to grow their own food through home-based gardens and improving food access and income.
“This initiative will focus on sustainable agriculture, water conservation, and youth entrepreneurship in rural areas. Investing in our people will reduce living costs and promote self-sufficiency, thus community resilience,” she said.
Kontsiwe noted that the department is part of a coordinated effort by the provincial government to contribute to eradicating poverty and malnutrition in the province.
She acknowledged that the department alone cannot solve the food security issue, noting that despite having various programs and initiatives, the lack of a unified strategy has led to a fragmented and less effective approach.
The Office of the Premier has coordinated government departments and agencies to develop a Provincial Food and Nutrition Security Plan, and the department’s primary goal is to guarantee food security in the province.
The MEC said the department is committed to support people to cultivate the land, regardless of its size, and produce their own food.
She said the initiative will focus on sustainable agriculture, water conservation, and youth entrepreneurship in rural areas.
According to Kontsiwe, investing in people will reduce living costs and promote self-sufficiency and community resilience.
The department is planning to expand household food production in rural and peri-urban areas on a large scale.
She said the initiative will include establishing small-scale vegetable nurseries to provide high-quality seedlings, which will reduce production costs.
“DRDAR and the Department of Agriculture, Land Reform and Rural Development (DALRRD) are collaborating to support 42 000 households (30 000 from the Siyazondla Program and 12 000 from PES3) in growing their own food in the 2024/25 financial year.
“We invite all sectors of society to join us in addressing food insecurity and malnutrition in districts, metros, local municipalities, and wards. We are fast-tracking the spring water protection program to ensure villages have access to water for food production,” the MEC said.
For the 2024-25 financial year, the department plans to implement 10 spring water projects in five districts, including two in Alfred Nzo, Amathole, Chris Hani, Joe Gqabi, and OR Tambo.
The MEC highlighted that in the previous 2023/24 financial year, the department successfully completed 10 projects, installing 290 taps in 12 villages, benefiting 2 263 households and creating 729 jobs.
Embracing innovation and technology
Kontsiwe emphasised the importance of embracing innovation and technology to reduce production costs and mitigate the impact of climate change.
She said the department will this financial year launch a pilot program, which will see the installation of 14 tunnels with 3 720 climate-smart boxes in all districts and colleges.
The MEC said this initiative will allow vegetable producers to cultivate crops throughout the year in a controlled environment.
“We anticipate that this project will encourage more young people and women to engage in agriculture in our province. We invite people of all ages, including elders, churches, schools, health facilities, and traditional leaders, to support and promote community food production.
“We will collaborate with the private sector to assist households in growing their own food. These initiatives will be carefully planned, organised into projects, and implemented gradually with available resources,” the MEC said. – SAnews.gov.za
GabiK
Tue, 09/10/2024 - 14:36
SA-Germany to place trade and investment under the spotlight
The promotion of trade and investment linkages between South Africa and Germany will come under the spotlight at an event that will be held on Thursday.
This as the Department of Trade, Industry and Competition (dtic), will host a network event in partnership with the German Federal Ministry for Economic Affairs and Climate Change as well as the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).
The Partnering in Business with Germany network event will be held over two days at the Southern Sun Sandton in Gauteng from 12-13 September 2024.
“The global programme is designed to promote trade and investment linkages between Germany and South Africa,” said the dtic.
In April, the dtic and the German Federal Ministry for Economic Affairs and Climate Change signed a Joint Declaration on Cooperation to formalise a programme to train and mentor emerging exporters from South Africa to access the German market.
In a statement on Tuesday, dtic Deputy Director-General for Exports, Lerato Mataboge, said the programme’s objectives is to capacitate small medium and micro enterprises (SMMEs) and emerging exporters by allowing them to forge successful business ties with Germany towards securing export orders and investment.
Mataboge pointed out that the programme targets companies to become more resilient through diversification, and also to assist companies that have so far had little experience with foreign markets to internationalise.
“The Partnering in Business with Germany programme focuses on imparting skills required for international business relations and developing companies to be ready for cooperation with German enterprises. In turn the programme also reduces risks and transaction costs for German companies looking at new markets.
“Through the programme participants are prepared to enter the German market and brought into contact with German firms interested in doing business with South Africa. As part of the successful collaboration between the two Ministries an alumni networking event is also held annually. The inaugural event took place in 2023 in Cape Town, attended by 60 past beneficiaries of the programme,” she explained.
The partnership with the German Ministry to mentor South African companies, has resulted in 234 companies traveling to Germany to experience German business culture and engage with potential export partners. -SAnews.gov.za
Edwin
Tue, 09/10/2024 - 15:05
Sungrow, a global leader in renewable energy solutions, is pleased to announce the resounding success of its participation in Solar & Storage Live, Cape Town’s premier renewable energy exhibition held last week. The event marked a significant milestone in Sungrow’s commitment to driving the energy transition in South Africa, showcasing the company’s advanced solar and …
TechNvst, a prominent innovation commercialization firm based in South Africa, has announced an exciting new collaboration with Microsoft through the African Transformation Office (ATO) to launch the TechNvst AI Startups Uhuru Program. This new initiative is set to transform the landscape for AI-focused startups across Africa by providing them with essential resources and strategic support. …
The latest research shows that for the first time, both male and female South African consumers are equally engaged in loyalty programmes, with 76% participation from each gender. This heralds a shift from the historical trend where loyalty programmes were predominantly favoured by women. It also shows how consumer behaviour is evolving and reflects a …
By Arnaud Bouraima, Deputy Chief Commercial Officer, Webb Fontaine (https://WebbFontaine.com/).
In the face of mounting global environmental challenges such as climate change, biodiversity loss, and pollution, and increasing focus on environmental, social and governance (ESG) awareness, sustainable trade practices and supply chains have the potential to radically transform Africa's economic future.
From green logistics to fair trade and circular economy principles, sustainable trade practices have a significant positive impact on global and local trade. In addition to environmental benefits, they enhance market competitiveness and open access to new markets that value a commitment to sustainability.
However, the transition to eco-friendly and sustainable supply chains is reliant on several factors, not least a significant investment in the infrastructure and technology needed to streamline port and customs operations and ensure a smooth entry of goods into the country in question. An understanding of the importance of digital transformation by governments and regulatory bodies is also a key factor in adopting digital solutions over more traditional manual systems.
African countries that understand and embrace these requirements are well on their way to laying the groundwork for sustainable trade practices.
As an example, the port of Cotonou in the West African country of Benin handles an average of 80 to 90 merchant vessels monthly. According to the African Development Bank (https://apo-opa.co/3MF9Kxi), Cotonou deals with 90 percent of the country's international trade, serving up to 100 million consumers. In 2022, the port handled 12.5 million tonnes of goods, a figure that is predicted to almost double by 2038, reaching 23 million tonnes.
In a gesture of confidence, the recent extension of an €80 million loan (https://apo-opa.co/3MF9Kxi) by the African Development Bank for significant infrastructure upgrades will expand the port's operations even further. Yet despite the vast and complicated operations of one of Africa's busiest ports, Benin has jumped to 66th place on the World Bank's Logistics Performance Index (https://LPI.WorldBank.org/), an astonishing leap of approximately 100 places in just under a decade, positioning the country as West Africa's key trade hub.
But this wasn't always the case. High shipping costs, low efficiency, and poor logistical facilities threatened to stifle any hopes the port had of becoming a key trade route, despite the fact that the country is a crucial transit route for West Africa, connecting millions of people in the landlocked countries of Niger, Mali, Burkina Faso, Chad, and the northern regions of Nigeria.
Technology is revolutionising trade practices
The solution? Leveraging technology to break through the complexities, inefficiencies, and obstacles impeding effective trade, and transform Benin into an economically competitive trade hub.
This is a story that replicates itself in trade ports along Africa's entire coastline. Operators and customs entities are constantly looking for ways in which to alleviate the backlogs and delays caused by the high volumes flowing through these trade entry points, and digitisation, along with improved physical infrastructure, is proving to be an extremely effective solution. Partnerships and collaborations with specialist service providers hold the key to success.
The Webb Fontaine and Benin story
Backtracking from the current situation, and highlighting the importance of long-term public-private collaborations in modernising and streamlining trade landscapes, Webb Fontaine started working with Benin's Ministry of Finance and Benin Control in 2017. Implementing a suite of innovative solutions including Webb Single Window, Webb Transit Tracking, Webb Valuation, Webb Ports, and Webb Customs, we are proud to be playing a pivotal role in transforming trade in the country.
Webb Single Window has been a game changer. It forms the basis of GUCE Benin, a digital platform with over 6,500 users in the logistics chain that facilitates import, export, and transit operations, and incorporates electronic payment via Paylican, Webb Fontaine's official payments partner. Webb Single Window has also automated the processing of key administrative operations like issuing licenses and authorisations, overseeing currency exchange operations, managing exemptions, and communicating with tax services.
In practical terms, this means streamlining the process needed to get containers out of the port. Digitising processes to create efficiencies, using new technologies such as artificial intelligence (AI), reduces the time spent on clearance of goods, for both customs brokers and administrators. Benin now ranks as West Africa's top port and holds the third-highest rating in Africa behind Egypt and South Africa. Release times have been reduced by 30%, with a remarkable 50% of containers being released within only two days.
Along with operational efficiency at the ports themselves, economic growth is a key benefit. From digital skills development to higher revenues as a result of streamlined operations, technology is playing a crucial role. For example, reducing the clearance time from 47 days to only a few days allows for more cycles of importation, increasing tax revenue and creating a healthy economic cycle. This also attracts foreign direct investment, making the port more attractive for investors and traders.
However, the use of technology in port operations is just one aspect in a larger framework of sustainable trade. The resultant benefits, such as automated systems and data analytics have the potential to lead to more efficient operations, reduced emissions, and less waste, which are all key components of sustainable trade practices. For instance, quicker turnaround times not only reduce the carbon footprint of shipping and logistics operations, but they also reduce the need for extended storage, in turn decreasing energy consumption and waste.
Is Africa ready for sustainable and eco-friendly supply chains?
Despite the challenges faced by African countries, many are making great strides. Togo's new container platform, Nigeria's planned green port, Liberia's green economy reforms – all are notable examples. Yet much still needs to be done to fully embrace the digital transformation journey, while at the same time addressing issues like infrastructure development.
All stakeholders have a role to play in implementing sustainable and eco-friendly trade practices and policies. African governments, for instance, can make a commitment to investing the funds and resources needed to create infrastructure that will support both trade and digital advancements, as well as support sustainability initiatives. The African Continental Free Trade Area can play a crucial role in developing a standardised approach to these issues, based on learnings from other countries on the continent.
Africa is a continent that has immense potential when it comes to creating and maintaining sustainable trade practices that will drive economic growth. The continent's success stories demonstrate this, and serve as a call to governments, industry stakeholders, policymakers and the private sector to work together to find tangible solutions that will promote further growth and development. Webb Fontaine is already playing a crucial role in supporting Africa's governments on their trade facilitation journeys, with specialised port technology that is securing customs revenue, mitigating trade fraud, and streamlining clearance times. In the same way, when all stakeholders collaborate and contribute to improvements in their respective areas, Africa's economies will reap the collective rewards.
Distributed by APO Group on behalf of Webb Fontaine.
The country’s peaceful transition to a Government of National Unity has sparked optimistic sentiment among investors, with interest in KZN South Coast properties one of the positive spinoffs of this economic upturn. Coupled with the unique natural beauty, affordable prices, and idyllic coastal location, interest in KZN South Coast properties is only set to grow. …
From queues to convenience: how technology is making healthcare more efficient The National Health Insurance (NHI) and collaboration were the topics on everyone’s lips at the recent Health Innovation Summit Africa 2024, held at the Maslow Hotel on Thursday, 29 August 2024. Industry experts and key stakeholders from the health sector gathered to unpack this …
'New era of opportunity' for China, South Africa cooperation
President Cyril Ramaphosa says the relations between South Africa and China have entered a new “era of opportunity”.
The President was addressing the nation through his weekly newsletter following an official State Visit to the People’s Republic of China last week.
“During the state visit, China and South Africa agreed to upgrade our relationship to an All-Round Strategic Cooperative Partnership in a New Era. This signifies the strengthening of the political, economic and social ties between the two countries.
“The strengthening of ties with major trading partners like China continues to yield benefits for the South African economy and people. It is clear that relations between South Africa and China have entered a new era of opportunity.
“Our visit has strengthened trade and investment ties and cemented our shared commitment to grow our economy, create jobs and advance prosperity for the people of our two countries,” he said.
Trading partners
The President revealed that during the visit, Chinese President Xi Jinping expressed that he would like to see more finished goods from South Africa entering Chinese ports.
The Asian country is South Africa’s largest trading partner but, President Ramaphosa pointed out, there is an “imbalance in the structure of our trade”.
“South Africa exports mainly minerals and agricultural products to China and imports largely manufactured products from China.
“During our discussion, Chinese President Xi Jinping expressed his support for the development of South Africa’s manufacturing capacity and to receive greater volumes of finished goods from South Africa.
“President Xi has committed China to open its markets to more South African products and would seek to further broaden the frontiers for Chinese investment in the South African economy,” President Ramaphosa said.
The President added that government is buoyed by potentially increased cooperation between the two countries in “pursuit of low-carbon, climate resilient economic growth” and infrastructure.
“For example, South Africa has investment opportunities in the electric vehicle sector, renewable energy, green hydrogen and energy storage – and China has a proven track record in developing innovative solutions in these areas.
“There is also great potential, and much interest, for Chinese private commercial firms, state-owned enterprises and banks to invest in our country’s infrastructure build programme. This aligns with our plans to modernise our infrastructure by investing in the expansion of ports, rail and road networks,” he said.
Beyond our shores
President Ramaphosa emphasised that enhanced relations between China and South Africa can bring opportunities beyond the two countries.
While on the State Visit, the President attended the Forum on China-Africa Cooperation (FOCAC) where the African Continental Free Trade Area (AfCFTA) and its potential were discussed.
“The [AfCFTA], which will provide access to a market of over 1.3 billion people, provides an even greater incentive for investment by China and other countries in Africa’s manufacturing capacity.
“This was underlined during the FOCAC summit attended by more than 50 African countries, where President Xi announced ten partnership actions that China would take together with African countries to support the modernisation of their economies. These actions cover areas like trade, industrial development, agriculture, health and infrastructure.
“At a time when African economies are growing closer together, China’s technological capabilities can support Africa’s industrialisation and enable the continent to export more than just raw commodities,” the President said. – SAnews.gov.za
NeoB
Mon, 09/09/2024 - 10:07
Tourism remains a key driver of the economy
The tourism sector remains a key driver of South Africa’s economy, says Tourism Deputy Minister Maggie Sotyu.
Speaking at the recent Tourism Women’s Stakeholder Engagement, Sotyu said the Department of Tourism, through its programmes, gives expression to its mandate for inclusive economic growth and to grow the tourism sector.
“It is in this context that government will continue to create a conducive environment for youth, women and people with disabilities in tourism to pursue tourism careers including entrepreneurship.
“The world's fastest growing employment sector, tourism continues to adapt to new trends and South Africa is building the sector to ensure its sustainability for future generations. To drive sustained and inclusive growth of [the] tourism sector, we need to boost the talent pool. A demand-led skill supply in the sector is therefore pivotal,” she said.
Over the years, tourism has experienced continued growth and has undergone diversification to become one of the fastest growing economic sectors.
Programmes by the department include the Wine Service Training Programme, Chefs Training Programme, Professional Cookery, Food Safety Quality Assurers Programme, Food and Beverages Training, Tourism Monitors Programme and Tourist Guiding.
Deputy Minister Sotyu said the benefits of these programmes remain economic relief through stipends, placement in tourism establishments for exposure and experience and accreditation ranging from National Qualifications Framework (NQF) level 2 to NQF level 4.
“We will continue working with social partners to identify essential and demand-led skills required in the tourism sector and build the requisite skills through our departmental funding.
“The Tourism Incentive Market Access Support Programme offers partial financial support through contribution towards the cost of exhibition space, return airfare and hotel accommodation to qualifying small tourism enterprises to participate and exhibit at selected international tourism marketing platforms,” Sotyu said.
Tourism Month
Tourism Month is celebrated annually in September and provides a heightened month-long focus on the importance of the sector to the South African economy.
It features themed activities that are aligned to the United Nations World Tourism Organisation’s (UNWTO) World Tourism Day celebrations.
This year’s World Tourism Day will be celebrated in the Northern Cape Province under the localised theme: “Tourism and Peace – 30 years of connecting People to Places and Cultures”.
The event will be a celebration of the nation’s diverse cultural and historical heritage that continues to foster peace in South Africa, making the country a preferred holiday destination.
This global observance day by The United Nations World Tourism Organisation aims to foster awareness of tourism’s social, cultural, political and economic value and the contribution that the sector can make towards reaching the United Nation’s Sustainable Development Goals.
Tourism Sector Recovery Plan
Tourism Month encourages South Africans to travel domestically to sustain jobs and support the recovery of tourism in line with the Tourism Sector Recovery Plan.
The department developed the plan with the tourism sector, and it contains a set of interventions to protect and rejuvenate supply, reignite demand and strengthen enabling capability to support the sector’s recovery.
“Tourism is a significant pillar of our economy and presents us with the best chance of increasing social inclusion by making heritage and tourism work for social, spatial and economic growth. But tourism is so much more than generating revenue. It also generates goodwill. Tourism is about the people of South Africa – united in diversity,” Sotyu said.
South Africa recently welcomed the latest inscription of the South African human rights and liberation struggle sites in the prestigious list of UNESCO’S World Heritage Sites.
READ | Cabinet commends addition of SA sites to UNESCO list
These heritage listings will add to the nation’s brand value and competitiveness of South Africa as a sought-after tourist destination as well as greatly support the country’s heritage tourism sector. – SAnews.gov.za
DikelediM
Fri, 09/06/2024 - 13:27
SA increases imports to China
Beijing, China - With the agreements that South Africa has signed with China in relation to trade, the country will see an increase in the imports of agricultural and manufactured products to China.
“We were able to sign eight agreements, many of which have to do with increased trade between the two countries and that has led to the opening up of the Chinese market for South African products, particularly with regards to beef,” President Cyril Ramaphosa said on Thursday in Beijing, China.
Addressing members of the media on the conclusion of his visit to the People’s Republic of China, Ramaphosa said the importation of beef into the Chinese market kept fluctuating as a number of areas in South Africa were affected by livestock diseases such as foot and mouth disease.
“That is a great achievement because it will lead to the increase of our agricultural products coming into China and we should see increased production in South Africa. Whenever such an occurrence would happen, they would ban the whole country, and we were able to reach an agreement that if there is an outbreak of foot and mouth disease it would just be restricted to one area in the country.
“That is a great achievement because it will lead to the increase of our agricultural products coming into China and we should see increased production in South Africa.
“The other area is for manufactured goods and products, to have an easier entry into China. With the agreement that we signed we were able to ensure that China would enable more manufactured goods from South Africa to be brought in. That for us is an important development,” the President said.
Agreements
He noted that China has achieved enormous development in technological development.
“We were able to reach an agreement on science, technology and innovation in terms of cooperation in relation to innovation research and we were able to have good discussions.
“We were able to reach agreements on aspects of our energy security. South Africa has been going through a huge challenge of energy security. China’s assistance in this regard is going to stand us in good stead so therefore our other objective was achieved.
“We also wanted enhanced cooperation on international issues in relation to our cooperation in BRICS is consolidated and solidified and in other multilateral organisations such as the United Nations and financial institutions that there needs to be reforms,” the President explained.
Relations with China
He said at a state level, South Africa has achieved a great deal during the visit to China.
“Our visit has been hugely successful. We will see a lot of progress in the country in developing our relationship with China, remembering that China is the second largest economy in the world. For us as South Africa it is important for us to promote our relations with China.
“China is our biggest trading partner, and we want an all-round cooperative strategic partnership in the new era to take it to a higher level. President Xi Jinping is at pains when he talks about not having enough manufactured goods from South Africa. He wants to see more goods in China from South Africa.”
To this end, President Xi opened the Chinese market for African countries to come and exploit the Chinese market.
“As the most industrialised country on the continent South Africa stands to benefit immensely from this relationship. This is an important market for us as South Africans. This is a county that is willing to deal with us at a very serious, economic and political level.
“This is an important market, and we have seen increased trade between our two countries. At the moment, the trade is imbalanced and in favour of China, rather than in our favour and it is this that we are focusing on, to correct that imbalance.
“That is why we welcome the opening up of the Chinese market for more and more finished goods from South Africa.
“We want to upgrade that economic activity to a higher level, so we are able to bring in more finished mineral goods, products or commodities into China and more finished agricultural products,” the President said. -SAnews.gov.za
nosihle
Fri, 09/06/2024 - 05:41
Cabinet commends Eskom's performance
Cabinet has commended Eskom for not implementing load shedding for more than 150 days – including over the South African winter period.
Acting Minister in the Presidency, Maropene Ramokgopa, told a post-Cabinet media briefing on Thursday that stable electricity supply is imperative for economic growth in the country.
“Cabinet commends Eskom, its board, management and all its employees who have worked tirelessly to ensure that South Africa will have no load-shedding this summer as the power utility continues to add more electrons to the grid through its generation recovery plan.
“A reliable energy supply is vital for growing our economy, boosting confidence and enhancing the quality of life of our citizens.
“Government continues to execute the Energy Action Plan, which has been instrumental in reducing the frequency of load-shedding through planned maintenance of Eskom’s power-generation fleet. The reform of our energy sector is a critical component of our efforts to create a secure energy future for our people,” she said at the briefing held in Cape Town.
Staying on the reform agenda, Ramokgopa said President Cyril Ramaphosa has fulfilled his undertaking to “recalibrate” State Owned Enterprises (SOEs).
In that regard, she added, the responsibility for strategic SOEs have been “transferred to the various line ministries, after the President had signed the relevant proclamation to this effect”.
“This step coincides with plans to create a centralised shareholder model through which the State seeks to better leverage the capabilities of our SOEs to grow the economy, improve service delivery, and infuse the SOEs with the requisite commercial and strategic agility.
“The responsibility for power utility Eskom has been transferred to the Ministry of Energy and Electricity and Transnet, South African Airways and South African Express to the Ministry of Transport.
“The state-owned diamond mining company Alexkor will be managed by the Ministry of Mineral and Petroleum Resources, aerospace and military technology conglomerate Denel will fall under the Ministry of Defence and Military Veterans while South African Forestry Company SOC Limited, which is responsible for state forestry, will report to the Ministry of Forestry, Fisheries and the Environment,” Ramokgopa said.
SA avocados in Japan
On agricultural export matters, the first batch of South African avocados have arrived in Japan.
“[This marks] a significant boost for the local avocado sector, and demonstrates the positive impact of the Agriculture and Agro-processing Master Plan, which aims to expand access to key new markets for South African producers.
“South African avocado growers now stand to benefit significantly as efforts to increase market access for our agricultural produce continues. India, China and Japan represent a combined market opportunity of over 2.5 billion people,” Ramokgopa said. – SAnews.gov.za
NeoB
Thu, 09/05/2024 - 11:58
Over one thousand permits issued for hemp cultivation
A total of 1 110 permits have been issued for hemp cultivation since the declaration of hemp as an agricultural crop.
This follows the approval of the Cannabis for Private Purposes Bill by President Cyril Ramaphosa in May 2024.
READ | Permits to change the lives of farmers
Briefing media on Thursday following Cabinet's regular meeting on Wednesday, Acting Minister in The Presidency, Maropene Ramokgopa, said Cabinet received a briefing on the progress on the development of the Cannabis Master Plan, which aims to provide a framework for the establishment, growth and development of the cannabis and hemp industry in South Africa, to contribute to economic growth, poverty alleviation and job creation.
The Master Plan is anchored on nine pillars, including Effective Regulatory Services; Sustainable Seed Supply Systems; Research and Technology Development; Producer Support Systems; Market Development; Enterprise and Supplier Development; Manufacturing and Product Development; Education and Training, and Communication and Awareness.
Ramokgopa said the Department of Justice and Constitutional Development has initiated the process of drafting the regulations in support of Cannabis for Private Purposes.
“The Department of Health, through the South African Health Products Regulatory Authority, has concluded consultations on changes to the Schedules of the Medicines and Related Substances Act, 1965 (Act 101 of 1965).
“The Department of Trade, Industry and Competition (dtic) concluded situational and value chain analysis on the Hemp and Cannabis sector in South Africa. The dtic will soon commence consultations on the Cannabis Commercialisation Policy,” Ramokgopa said.
The Agricultural Research Council (ARC) has also developed two hemp varieties and with the support of the Department of Agriculture, Land Reform and Rural Development (DALRRD), is currently undergoing a second season of seed multiplication to make it available for the 2025 planting season.
“In May 2024, the Minister of Agriculture, Land Reform and Rural Development approved the Hemp Certification Scheme to regulate the varietal integrity and quality of hemp propagation material towards supporting the sustainable seed system of hemp. The DALRRD has commissioned research to the value of R124 million with the ARC, which focuses on Cannabis breeding for medicinal, fibre and other uses; Cannabis plant disease surveillance, indigenous germplasm collection and Cannabis seed system development.
“In Gauteng, in collaboration with the Council for Scientific and Industrial Research, 10 small, medium and micro enterprises were supported for product development. The DALRRD continues to consult provinces on commitments thus far.
"To improve the capacity of the department to monitor the cultivation of hemp by permit holders, the ARC developed a detailed training programme for inspection services,” the Minister highlighted. – SAnews.gov.za
GabiK
Thu, 09/05/2024 - 13:41
China opens market wider for African countries
Beijing, China - China will voluntarily and unilaterally open its markets wider for African countries, says President Xi Jinping.
Delivering his keynote address at the 2024 Forum on China-Africa Cooperation (FOCAC) in Beijing, China, Chinese President Xi said China has decided to give all least developed countries (LDCs), which have diplomatic relations with China, including 33 countries in Africa, zero-tariff treatment for 100% of tariff lines.
“This has made China the first major developing country and the first major economy to take such a step. It will help to turn China’s big market into Africa’s big opportunity,” President Xi said.
China will expand market access for African agricultural products, deepen cooperation with Africa in e-commerce and other areas, and launch a “China-Africa quality enhancement programme."
“We are prepared to enter into framework agreements on economic partnership for shared development with African countries to provide long-term, stable and predictable institutional guarantee for trade and investment between the two sides.
“China is prepared to carry out 30 infrastructure connectivity projects in Africa, promote together high quality Belt and Road cooperation, and put in place a China-Africa network featuring land-sea links and coordinated development,” President Xi said.
China’s Belt and Road Initiative was launched in 2013 by President Xi. The massive collection of development and investment initiatives was originally devised to link East Asia and Europe through physical infrastructure. In the decade since, the project has expanded to Africa, Oceania and Latin America.
China is ready to assist in the development of the African Continental Free Trade Area, deepen logistics and financial cooperation for the benefit of trans-regional development in Africa.
In addition, China plans to launch 30 clean energy projects in Africa, put in place meteorological early warning systems, and carry out cooperation in disaster prevention, mitigation and relief, as well as biodiversity conservation.
“We will create a China-Africa forum on peaceful use of nuclear technology, establish together 30 joint laboratories, and collaborate on satellite remote sensing and lunar and deep-space exploration. All this is designed to help with green development in Africa.
“China is ready to establish with Africa a hospital alliance and joint medical centers. We will send 2 000 medical personnel to Africa, and launch 20 programmes of health facilities and malaria treatment.
“We will encourage Chinese companies to invest in Africa’s pharmaceutical production, and continue to do what we can to help Africa with epidemic response. We support the development of the Africa Centers for Disease Control and Prevention to strengthen public health capacity in all African countries,” President Xi said.
China will provide Africa with RMB1 billion yuan in emergency food assistance, build 100 000 mu (about 6 670 hectares) of standardised agriculture demonstration areas in Africa, send 500 agricultural experts, and establish a China-Africa agricultural science and technology innovation alliance.
“We will implement 500 programmes in Africa to promote community welfare. We will also encourage two-way investment for new business operations by Chinese and African companies, enable Africa to retain added value, and create at least one million jobs for Africa,” President Xi said.
Strengthening security
China is ready to build with Africa a partnership for implementing the Global Security Initiative (GSI) and make it a fine example of GSI cooperation.
“We will give Africa RMB1 billion yuan of grants in military assistance, provide training for 6 000 military personnel and 1 000 police and law enforcement officers from Africa, and invite 500 young African military officers to visit China.
"The two sides will conduct joint military exercises, training and patrol... and jointly ensure the safety of personnel and projects.
“To implement the 10 partnership actions, the Chinese government will provide RMB360 billion yuan of financial support through the next three years,” the President said.
This can be broken down into RMB210 billion yuan of credit line, RMB80 billion yuan of assistance in various forms, and at least RMB70 billion yuan of investment in Africa by Chinese companies.
In addition, China will encourage and support Africa in issuing panda bonds (a Chinese renminbi-denominated bond from a non-Chinese issuer, sold in the People's Republic of China) in China to enhance results-oriented cooperation in all areas.
“China is ready to work with Africa to build a platform for governance experience sharing, a China-Africa knowledge network for development, and 25 centers on China and Africa studies.
"We will make better use of Africa’s leadership academies to cultivate talents for governance and invite 1 000 members of African political parties to China to deepen exchanges of experience in party and state governance,” President Xi said. -SAnews.gov.za
nosihle
Thu, 09/05/2024 - 07:03
Investing in gold remains one of the most reliable ways to preserve wealth, and the Krugerrand is among the most popular gold coins in the world. Whether you’re a seasoned investor or just beginning, knowing how to track the Kruger Rand price and understanding the process of selling Krugerrands is essential for making the most …
Whether you’re looking to buy, rent, or hire, understanding the variety of forklifts available and their respective advantages can significantly streamline your operations. This guide provides an overview of the types of forklifts, including new and used options, and what to consider when seeking a forklift to meet your business’s demands. Overview of Forklift …
SA to transform economy into manufacturing hub
By Nosihle Shelembe
Beijing, China - President Cyril Ramaphosa says South Africa is working towards transforming the economy by turning the country into a “manufacturing hub”.
“We plan to move from being a large importer of manufactured products to being a major exporter,” the President said on Wednesday.
Addressing the South Africa-China Business Forum on the occasion of the State Visit to China, President Cyril Ramaphosa said Chinese companies will find there are innumerable business opportunities to manufacture products in South Africa using the country’s excellent industrial experience.
“We have seen this happen in our automotive industry. We have ambitious plans to modernise our infrastructure by investing in the expansion of ports, rail and road networks.
“We are on a path to revolutionise our energy sector in pursuit of low-carbon, climate resilient development,” the President said.
He said South Africa is actively seeking investment in the energy sector, with a particular focus on renewables and green hydrogen.
“China has a proven track record in developing innovative renewable energy solutions.
“Together, we can create sustainable and environmentally friendly energy solutions that benefit both our countries.
“By working together, we can create value chains that are mutually beneficial, leading to job creation and economic growth.
There is also vast untapped potential in technology,” President Ramaphosa said.
He said South Africa and China can collaborate to promote innovation, technology transfer and skills development.
“By leveraging our respective strengths and exploring new avenues of collaboration, we can create mutually beneficial partnerships.
“Our focus must now be on building stronger business relationships, promoting cultural exchanges and tourism, and creating a favourable business environment.
“The growth of the South African economy will support the success of the African Continental Free Trade Area, which opens access to a market of over 1.3 billion people,” the President said.
He said African economic integration is fast becoming a reality that creates enormous opportunities to expand production on the continent and to stimulate much greater economic activity.
“We are a country with enormous potential for growth and development. We are advantageously placed for companies looking to expand into the rest of the African continent.
“South Africa and China have vibrant, diverse and growing economies, with a wealth of opportunities for businesses wishing to expand into new markets,” the President said.
China is currently South Africa’s largest trading partner.
Bilateral trade between China and South Africa has increased by a third since 2019.
South Africa exports mainly minerals and agricultural products to China, and imports largely manufactured products from China.
“We are seeking to shift the structure of our trade profile and deepen our investment relationship.
“South Africa has one of the most advanced and diversified economies on the African continent. It has a vibrant business environment and a strong regulatory framework. It has a diverse, competitive and well-regulated financial sector,” the President said.
Since the start of South Africa’s major investment drive in 2018, Chinese companies have made investment pledges to the value of over R18 billion in the manufacturing, resources, finance and agro-processing sectors. This is the equivalent of US $1 billion.
“In the last six weeks, a number of Chinese companies have increased investments to support the expansion of their operations.
“These investment commitments are testament to the resilience of the South African economy and the many opportunities for foreign and domestic investors.
“It is up to us to seize these opportunities and take the economic relationship between our two countries to the next level,” the President said.
He said South Africa has investment opportunities in the electric vehicle sector, renewable energy, green hydrogen and energy storage.
It has further opportunities in infrastructure, manufacturing, mining, beneficiation of critical minerals, and the digital economy.
“Let us work together to seize this opportunity and continue to build a more prosperous future for our respective countries,” the President said. – SAnews.gov.za
Matona
Wed, 09/04/2024 - 13:10
Bay Harbour Market, a vibrant hub of culture and creativity, is thrilled to announce an exciting September Spring lineup of local muso’s who will be taking the stage in the coming weeks. Nestled in the heart of Hout Bay, this eclectic market is not just a place to shop for unique crafts and delicious food—it’s …
The annual Waterblommetjie Festival returns on Saturday 7 September. Windmeul Kelder and Rhebokskloof Estate outside Paarl will host a fun-filled day of festivities suitable for the whole family. The waterblommetjie (also known as Cape Pond Weed, Water Hawthorne, Vleikos, Aponogeton distachyos (Aponogetonaceae) is an indigenous delicacy that is only found in the Boland area of …