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1 September 2024, Cape Town, South Africa – Gumtree South Africa (Gumtree SA) has once again revolutionised the online classifieds experience, this time with the launch of Pay & Ship, a secure payment and delivery solution. By prioritising user safety and convenience, this innovative development reinforces Gumtree’s commitment to being the country’s ‘most trusted online …
China to assist SA in alleviating poverty
By Nosihle Shelembe
Beijing, China - As part of ongoing efforts to improve the lives of South Africans, China has committed to assist the country in tackling poverty.
This commitment was revealed in a joint statement by President Cyril Ramaphosa and Chinese President Xi Jinping on the occasion of President Ramaphosa’s State Visit to the People’s Republic of China.
“China is committed to sharing with South Africa its experience in poverty alleviation and rural revitalisation; in building poverty alleviation model villages and offering support for South Africa's coordinated urban and rural development,” the statement said on Monday.
During the State Visit, the two countries recommitted to working together towards building a high-quality China-South Africa community, with a shared future.
“To carry forward the friendship, consolidate mutual trust, expand cooperation and enhance coordination, the two Heads of State agreed to elevate the bilateral relationship to an All-round Strategic Cooperative Partnership in a New Era, underpinned by strong political ties and focused on a prosperous future with balanced trade, and accelerated transformative economic growth,” the statement said.
Improving lives
China expressed its firm support of national unity and the path of economic and social development that South Africa has chosen. It also said it respects efforts by the South African government to safeguard its national interests to improve the lives of all South Africans.
“The two sides agreed to work on strengthening cooperation and synergy between the Belt and Road Initiative and the Economic Reconstruction and Recovery Plan and to continue implementing the 10 Years Strategic Programme of Cooperation between the People’s Republic of China and the Republic of South Africa (2020-2029), as a blueprint towards more substantive outcomes on priority political and socio-economic issues between the two sides.
“The two sides agreed to fully leverage the role of mechanisms such as the China-South Africa Joint Working Group (JWG) and the Joint Economic and Trade Committee (JETC) to further expand economic and trade ties by improving the current trade structure, increasing market access and the export of value-added goods from South Africa,” the statement said.
Trade and investment
China is South Africa's largest trading partner globally, while South Africa is China’s number one trading partner in Africa. Total bilateral trade grew from R614 billion in 2022 to R692 billion in 2023.
“The two sides encouraged the respective business communities to enhance new two-way investments and increase their manufacturing bases within the proximity of the relevant source of raw materials to enable the transfer of skills technology and job creation.
“The two sides committed to providing a stable, fair and enabling business environment for companies from both sides and to ensure the safety and legitimate rights and interests of the relevant personnel, projects and institutions.
“The two sides encouraged mutual visits by economic and trade delegations, including co-hosting the New Energy Investment Conferences with South Africa and holding the Jobs Fair of Chinese-invested Enterprises in South Africa to boost local employment and improve people’s lives,” the statement said.
READ | President calls for narrowing of SA, China trade deficit
Deepening cooperation
The two sides agreed that promoting modernisation is the joint goal in building a high-level South Africa-China community, with a shared future.
“The two sides will deepen cooperation in traditional fields such as agriculture, health, medical sciences and infrastructure development. However, they will further seize opportunities presented by the new scientific and technological revolution and industrial transformation, focusing on key areas such as the digital economy, new energies and artificial intelligence, boost cooperation on quality productive forces, and further expand mutually beneficial cooperation in renewable energy, energy storage and power transmission and distribution,” the statement said.
The two sides further agreed to continue to strengthen exchanges and cooperation in the areas of culture, women, health, youth, education, sport, media, tourism and other people-to-people cooperation fields.
As part of the State Visit, the two Presidents jointly witnessed the signing of several bilateral cooperation instruments in the following areas:
• Cooperation of the Application of BeiDou Navigation Satellite System;
• Sustainable Housing and Human Settlements Development;
• Deepening Bilateral Trade Cooperation;
• Cultural Heritage;
• Cooperation in Prevention and Control of Foot-and-Mouth Disease;
• Inspection, Quarantine and Sanitary Requirements for Dairy Products Exported from the Republic of South Africa to the People’s Republic of China; and the Protocol on Greasy Wool. -SAnews.gov.za
nosihle
Mon, 09/02/2024 - 14:41
LG Electronics South Africa (www.LG.com/global/) recently took a giant leap into the future of shopping with their online store which will forever change how South Africans buy their favourite tech. This is not just another e-commerce site—it is a bold move, changing the digital landscape and marking a new chapter in LG's South African journey, says Mr Jinkook Kang, Subsidiary President at LG Electronics South Africa.
“Now live at LG.com/za, our online store brings LG's innovative gadgets straight to your fingertips, showcasing our unwavering commitment to putting customers first in ways never before seen in the local market.”
As only the third market in the Middle East and Africa region to launch a brand-specific online store, LG South Africa is pioneering a new era of digital retail excellence. This achievement not only shows LG's status as a technology leader but also shows its commitment to meeting the changing needs of South African consumers.
Mr Kang shared his excitement about the launch: “We did not just open an online store; we are unlocking a portal to the future of retail in South Africa. This platform represents a fusion of LG's pioneering technology with the vibrant spirit of South African consumers. It's more than a shopping destination—it's a digital playground where innovation meets aspiration, where every click brings you closer to experiencing the extraordinary.”
The new e-commerce hub is a treasure trove of LG's most sought-after products, from breathtaking OLED and QNED televisions that redefine visual experiences to futuristic home appliances that transform everyday tasks into moments of joy. Tech enthusiasts can explore an array of state-of-the-art monitors, while eco-conscious shoppers will delight in the energy-efficient air conditioning units.
To celebrate this digital milestone, LG is rolling out the red carpet with an irresistible offer which is music to every shopper's ears. From August 27 to September 30, 2024, if you make an online purchase of R7,000 or more, LG will give you a free LG XBOOM XG2T speaker (http://apo-opa.co/4g5wpAv), valued at R1,199. This limited-time offer is exclusively available through the online store, giving customers more reason to explore LG's digital shop.
But the excitement does not stop there. The company's renowned Premium Service is available for select items bought through the online store. This white-glove treatment includes complimentary delivery, expert installation, and dedicated ongoing support, ensuring that every LG product becomes an integral part of your lifestyle with ease.
LG has created a variety of payment options to meet the different needs of South African consumers. From interest-free instalments to credit alternatives, LG is making premium technology more accessible than ever before.
“We're not just selling products; we're crafting experiences that resonate with the South African spirit,” says Mr. Kang. “Our online store is a digital embodiment of our ‘Life's Good' philosophy—a place where technology enhances life, where innovation meets inspiration, and where every purchase is a step towards a brighter, more connected future.”
As LG Electronics South Africa starts a new digital journey, the company remains committed to its core values of innovation, quality, and customer satisfaction. The online store is more than just a way to sell things. It shows that LG cares about making life better for every South African through easy-to-use, innovative technology.
“This launch is just the beginning of an exciting new chapter,” Mr. Kang concludes. “We're not just reimagining retail; we're redefining the very essence of how South Africans interact with technology. Every click, purchase, and unboxing is a chance to experience something amazing. Welcome to the future of shopping—welcome to the LG online store!”
Visit LG.com/za to explore LG's new online store and experience the future of electronics shopping.
Distributed by APO Group on behalf of LG Electronics.
Ministers discuss SA, Chinese relations ahead of State Visit
Beijing - Minister of International Relations and Cooperation Ronald Lamola has met with his Chinese counterpart, Foreign Affairs Minister Wang Yi, to exchange views on bilateral, multilateral and geopolitical matters of mutual interests.
The meeting took place on Sunday in Beijing ahead of President Cyril Ramaphosa’s second State Visit to China and the Summit of the Forum on China-Africa Cooperation (FOCAC) scheduled for this week.
“In this inaugural meeting, the two Ministers discussed the enduring ties between the two nations, spanning many areas of cooperation.
“They agreed to address issues such as structure of bilateral trade significantly and to increase mutually beneficial investments in areas such as agriculture, energy, manufacturing, the automotive sector, green technologies and infrastructure,” the Department of International Relations and Cooperation said.
The talks focused in particular on South Africa’s beneficiation efforts, market access, economic growth, local job creation and the transfer of skills.
READ I President Ramaphosa to lead SA delegation to China for State Visit
China is South Africa's largest trading partner globally, while South Africa is China’s number one trading partner in Africa. Total bilateral trade grew from R614 billion in 2022 to R692 billion in 2023.
“In terms of Africa-China cooperation, South Africa believes that FOCAC must align with the African Union’s Agenda 2063, especially the Second Ten- Year Implementation Plan.
“South Africa believes implementing the African Continental Free Trade Area (AfCFTA) will promote intra-Africa trade, boost economic growth and address the continent’s infrastructure deficit.
“Through FOCAC, China offers a unique platform to contribute to continental and regional initiatives including continental integration. The Minister inter alia reflected on cooperation within the multilateral context and through their membership of fora such as BRICS and the G20,” the department said.
The Minister welcomed China’s recent initiatives to facilitate a reconciliation agreement among Palestinian factions, who signed the Beijing Declaration.
“These efforts will contribute to peace building and demonstrate China’s significant role in this regard. The Minister further highlighted the need to also focus on conflicts on the African continent.”
Furthermore, both Ministers concurred that the United Nations, including the Security Council must be comprehensively reformed to bolster its ability to respond to global challenges and amplify the developing South’s representation within the Council’s memberships.
“This would better support the legitimate aspirations of emerging and developing countries from Africa, Asia and Latin America to assume a large role in international affairs, particularly the United Nations,” the department said. - SAnews.gov.za
nosihle
Sun, 09/01/2024 - 18:35
In recent years, Chery has emerged as a strong contender in the global automobile market, offering various models suited to diverse lifestyles. From compact SUVs to luxurious family vehicles, the brand provides quality and style. If you’re in the market for a reliable, stylish vehicle, then Chery’s wide range of options may be just what …
In celebration of the great strides women have made in business, Proudly South African and Southern Sun have joined forces to recognise the sustainability of women’s leadership amongst thought leaders, ceiling breakers, and business leaders in the country. The Women’s Month celebration was hosted at 54 on Bath on Friday, 30 August 2024. Leanne Manas …
The low-level flypast marks three milestones for Emirates (https://www.Emirates.com/) and South Africa; The flying display celebrates the return of the second daily A380 service on the Dubai-Johannesburg route from 1 September.
Emirates, the world's largest international airline, takes to the skies to celebrate its longstanding and ongoing commitment to South Africa, with the country's first ever A380 flypast. Running up the score, the remarkable low-level aerial showcase also marks Emirates' first ever flypast in Africa and the first international airline to execute such a feat in South Africa.
Honouring its shared love for rugby with over 62,000 enthusiastic spectators, Emirates flew the world's largest commercial passenger aircraft over Emirates Airline Park, just before kick-off of the much-anticipated Springboks vs All Blacks test match. Flying at an altitude of just 500 feet above the ground, the iconic Emirates double-decker aircraft saluted rugby and aviation fans, in its latest signature livery.
The Emirates A380 took off from O.R. Tambo International Airport at 16:00, travelling at a speed of 140 kts, reaching the stadium at 16:58, perfectly timed to follow South Africa and New Zealand's national anthems. The impressive aerial feat follows months of thorough and cross-functional planning between stakeholders including multiple teams at Emirates, South African Civil Aviation Authority, Airports Company South Africa, Emirates pilots, Flight Operation Managers and Air Traffic Controllers working together with the Emirates Lions team. The teams worked together across every element of the aerial display, taking into account air traffic patterns at different times of the day with different weather and wind conditions.
UAE National Captain Mubarak Al Mheiri, A380 Deputy Chief Pilot commanded the flight, joined by Captain Khalid Binsultan and Captain Abdalla Al Hammadi, both Technical Pilots for the Airbus A380 and Captain Richard Fiess, A380 Captain. Captain Mubarak has flown with Emirates for 19 years and has completed over 7,200 hours in the cockpit of the iconic A380. He has commanded similar flypasts for Emirates, including UAE National Day celebrations (http://apo-opa.co/3yXQLen) for the past four years and headlining the commercial aircraft flypast formation at the 2023 Dubai Air Show (http://apo-opa.co/3Xrar3A). He also participated in the iconic flight promoting Expo 2020 (http://apo-opa.co/3TdcRAq), which saw an A380 fly around an Emirates Cabin Crew at the very top of the Burj Khalifa; the unprecedented formation flight with the Jetman (http://apo-opa.co/3TdcSV0) team back in 2015; and with the Red Arrows (http://apo-opa.co/3Tddj1o) in 2022.
Afzal Parambil, Country Manager of Southern Africa, Emirates said, “Tonight's record-setting flypast is a powerful display of our unwavering commitment to South Africa. It represents not just an achievement of technical excellence, but encapsulates our ongoing partnership with key stakeholders in South Africa, including the Civil Aviation Authority, O.R. Tambo International Airport, Emirates Lions and, of course, the strong relationship we've built with our customers and travel partners here over the years. For almost three decades, we've unlocked an array of choices for our customers, by offering an outstanding on-ground and in-flight experience coupled with seamless global connectivity, and we're not slowing down now. We look forward to the next 30 years, and beyond, of serving South Africa and spotlighting its many attractions to the world.”
Pieter Burger, Ellis Park Stadium Managing Director, said, “The flyover has become such a pre-match entertainment staple at the iconic Emirates Airline Park. First witnessed in 1995 at the final of the international rugby showpiece where the South African national rugby team was victorious, to have had this moment tonight against the very same opposition was a thrilling experience for fans watching at the stadium and at home.
We are extremely grateful to our long-time partner Emirates who were pivotal towards the success of this project, together with all other role players involved. From a lasting memory perspective, this will certainly be up there for those who had the privilege to witness the moment.”
The flypast also marks the return of Emirates' second A380 service on the Dubai-Johannesburg route, enhancing more customer choice and travel options with Emirates' iconic onboard products and world-class service. EK761 departs Dubai at 04.05, landing in Johannesburg at 10:15, with the return flight, EK762, departing Johannesburg at 13.25 and touching down in Dubai at 23.45, perfectly timed for onward connections to key destinations in the Far East, Europe and the Middle East.
Emirates is one of the world's biggest supporters of rugby. In South Africa, Emirates' investment in the sport is headlined by its steadfast title sponsorship of the Emirates Lions, including naming rights of the team's home stadium, Emirates Airline Park. The airline also sponsors the action-packed Cape Town Sevens, a regular fixture on the Sevens World Series calendar and one of the most popular live sporting events in South Africa, regularly drawing over 100,000 spectators.
Globally, Emirates can be found at the centre of the action from grassroots to professional leagues as the sponsor of Rugby World Cup since 2007, with prominent presence planned at the upcoming 2027 World Cup in Australia.
Firmly established as a long-term partner of South African aviation, tourism, and trade, Emirates has been serving the market for 29 years, connecting over 20 million travellers to/from South Africa with more than 140 destinations on its vast global network, via Dubai. The airline serves customers traveling to and from South Africa with 42 weekly flights to Cape Town, Johannesburg and Durban, with additional connectivity to regional points across the country offered by its codeshare and interline partners South African Airways, Airlink, Cemair, and FlySafair.
Distributed by APO Group on behalf of The Emirates Group.
Just a year after the official sod-turning ceremony in 2023, the first residents of the eco-focused Serenity Hills estate on the KZN South Coast have taken up residence. This is a significant milestone for the vibrant coastal estate, with momentum set to increase as more investors discover this unique residential gem near Margate. “Handing over …
There is something for everyone at the Crocworld Craft Market which is held in the Crocworld parking lot on the last Saturday of each month, from 9am to 2pm. Families can enjoy a host of activities, with live entertainment and a new theme monthly. The next Crocworld Craft Market on Saturday, 31 August, will host …
An impressive 21 used car searches took place every second in South Africa during the first half of 2024. This is one of many fascinating insights to emerge from the 2024 AutoTrader Mid-Year Car Industry Report. The theme of this year’s report is #RethinkAutoSales, and – as George Mienie, CEO of AutoTrader, explains – traditional …
Introduction In the bustling world of logistics and warehousing, efficiency and cost-effectiveness are paramount. Forklifts, particularly electric models, are at the forefront of modern material handling solutions, offering versatility and eco-friendliness. This guide provides an in-depth look at forklift rentals, focusing on electric forklifts, understanding rental prices, and the significance of quality forklift batteries. By …
Neutrogena, the world’s trusted Kenvue facial skincare brand is proud to introduce its new Body range, marking its entry into the body care market with the same commitment to excellence that has defined its facial skincare products. This new collection of lotions and balms is expertly designed to offer the high level of care and …
Government places the transfer of land to women under the spotlight
Minister in the Presidency responsible for Women, Youth and Persons with Disabilities, Sindisiwe Chikunga, has committed the department to prioritise the transfer of land, wealth and income earning ability to organised women.
Addressing the Mpumalanga Provincial Legislature Women’s Parliament on the Economic and Social Empowerment of Women on Friday, Chikunga said the historic treatment of women as minors who are incapable of owning property, continues to reproduce itself today through landlessness and its related disadvantages.
“Through integrated farming value-chain cooperatives as well as a cooperative banking institution, we are determined to see to it that women take ownership and control of land for productive and commercial purposes.
“We will ensure that women and youth have access to land for agricultural purposes and related economic activities. Land is wealth, wealth that has income earning potential,” Chikunga said.
During the Opening of Parliament Address (OPA) last month, President Cyril Ramaphosa announced massive plans to ramp up a green manufacturing sector over the next five years and mentioned Mpumalanga as a priority.
Chikunga said the department will ensure that women are at the centre and do not remain in the margins of these projects.
Emerging Industrialists Accelerator Programs
The Minister said the department has conceptualised a series of Emerging Industrialists Accelerator Programs and intends to rally all relevant stakeholders, particularly state-owned entities (SOEs), and industry associations behind their implementation.
“These programs will target emerging women industrialists in key sectors, including energy security, the maritime, defence and aerospace industries, and agriculture, among others. The recent Sola Mamas initiative will be scaled up and strengthened to reach more women.
“Participating emerging industrialists will work alongside experienced industry associations, receiving support from ideation through to product development, financing, market access, and commercialization pathways,” she explained.
Emerging Industrialists Fund
To support these initiatives, the Minister said the department will advocate for the establishment of an Emerging Industrialists Fund, dedicated to supporting beneficiation and transforming young people’s ideas into productive economic activities.
The Minister emphasised that while investment must come from both the public and private sectors, the state must take the lead as the investor of first resort.
“For example, the tourism industry in Mpumalanga has limitless potential. We need to channel our young women to this industry, not just as employees but owners and operators of tourism infrastructure.”
Enrolment of National Youth Service recruits
Chikunga also announced that work is underway to ensure that the first round of the National Youth Service (NYS) recruits are enrolled before the end of the financial year.
“A minimum of 50% of the beneficiaries of this program will be women, including unemployed graduates and those who have completed Grade 12 but are currently sitting at home. Here in Mpumalanga, we must make sure that the youth of this province, particularly rural youth and those in farming communities, are not left behind.”
Launched by Deputy President Paul Mashatile in May this year, the South African National Defence Force (SANDF)-led NYS is a special project that will be piloted and implemented in the country’s poorest districts, where most youngsters are unemployed.
READ | Mashatile launches SANDF-led youth initiative to create jobs, entrepreneurship
The project is targeting no less than 125 000 youth in its first year of rollout.
Chikunga said through this programme, the department will be rallying industry associations, including SOEs, universities, the Council for Scientific and Industrial Research (CSIR), and participating sister departments behind a nationally coordinated and de-siloed effort to combat youth unemployment.
“We will be training emerging industrialists in the design, manufacturing, piloting and applications of Unmanned Aerial Vehicles (UAVs/drones) from small drones used to inspect borders, to large fixed-wing UAVs applied in mining, construction, oil and gas and related fields,” Chikunga said. – SAnews.gov.za
GabiK
Fri, 08/30/2024 - 14:33
LocalSpot.co.za: Empowering Businesses with Zero Commission Arbitrage Platform in South Africa Cape Town, South Africa – 30 August 2024 – LocalSpot.co.za, South Africa’s pioneering arbitrage platform, is revolutionizing the way individuals generate income online. With a unique model that takes zero commission from users, LocalSpot.co.za empowers entrepreneurs, side hustlers, and retirees to maximize their profits …
Verdant (www.Verdant-Cap.com) has raised ZAR 40 million for Us Plus Limited (“UsPlus”) as a senior unsecured note through UsPlus' JSE-listed social bond. The investment comes from an Africa-focused fund headquartered in Europe and was matched by an equal investment through local funding on the JSE making ZAR 80 million in total through the bond issuance. Furthermore, in parallel UsPlus drew down ZAR 60 million for a bilateral facility previously arranged by Verdant, making a total of ZAR 140 million of new funding this quarter (approx. USD 7 million). This substantial funding injection increases the total capital raised for the business by Verdant to USD 22 million in just over 2 years. It underscores market confidence in UsPlus' mission to drive economic growth and social impact in South Africa.
UsPlus, known for its innovative financial solutions tailored for SMEs, is dedicated to enhancing competitiveness and access to finance for small and medium enterprises. This strategic partnership reinforces UsPlus' commitment to fostering sustainable development and economic inclusion in South Africa.
The fresh capital will empower UsPlus to expand its support, particularly to black-owned, women-owned, and youth-owned MSMEs, particularly in underserved provinces. By focusing on sectors such as food security, waste management, and manufacturing, UsPlus aims to create lasting positive changes in local communities by contributing to employment creation, food security and sustainable production.
This collaboration highlights the vital role of social bonds in mobilising capital for impactful projects, and it reinforces UsPlus' position as a catalyst for financial inclusion and economic empowerment in South Africa. The commitment from this latest funding partner and the continued support from local funders are a testament to the crucial work being done by UsPlus to promote sustainable growth and support the nation's SME sector.
This is the fourth investment into UsPlus arranged by Verdant from international development finance institutions and impact investors.
The transaction further solidifies Verdant as a leading advisor and manager for inclusive financial institutions in Africa.
Terms for the transaction were not disclosed.
Distributed by APO Group on behalf of Verdant Capital.
Media enquiries:
Orient Mahonisi
orient.mahonisi@verdant-cap.com
About Verdant IMAP:
Verdant IMAP is a leading investment bank operating on a pan-African focus, specialising in M&A and in private capital markets. Verdant IMAP is the IMAP partner firm for its region. IMAP with partner firms in nearly 50 countries, with over 600 M&A professionals, completing over 200 M&A transactions per year, reinforces Verdant IMAP's capability to deliver innovative financial solutions to clients across Africa and around the World. www.Verdant-Cap.com
Source: US Plus Limited, Verdant
Call to place young people in critical infrastructure projects
Minister in the Presidency responsible for Women, Youth and Persons with Disabilities, Sindisiwe Chikunga, has emphasised that every project, from ideation to implementation, must include the upskilling, reskilling, and placement of young people, through emerging industrialist apprenticeships.
Chikunga was speaking at the National Youth Development Agency (NYDA) and the Presidential Youth Employment Intervention (PYEI) learning event on youth unemployment crisis and gender equity.
“The country is currently facing a situation where serious infrastructure projects, from small harbours development, rail, road, and rural bridge construction to human settlements projects, water sanitation projects, and energy, are in [the] pipeline. It is about time that we insist that no labour is imported for these projects while unemployed graduates are sitting at home,” Chikunga said at Thursday’s event.
Putting in place sustainable interventions
Chikunga underscored a need for strategies to cultivate all of the country’s resources in a coherent and purposeful effort and put forward interventions that can be sustained into the future.
The Minister argued that South Africa cannot have youth hopping from one learnership to another, and from one internship to another.
She emphasised the need for an emerging industrialist programme that reaches every corner of the country.
“These interventions should, in line with our DDM (District Development Model), be implemented at national, provincial and local levels by government, parastatals, organisations within civil society and the private sector working within the framework of reconstruction and development.
“In order to respond in a more purposeful way, we are called upon to transcend traditional boundaries and do away with siloed interventions and adopt a more integrated and coordinated approach,” Chikunga said at the gathering held in Sandton, Johannesburg.
According to the Minister, a lack of industrial dynamism, youth unemployment, the high cost of living, economic inactivity, violent crime, and a lack of social cohesion, are all multidimensional challenges that require what economists refer to as a “Mission-Oriented Approach” to development.
“We are required to set ambitious goals; foster creative public-private collaborations; approach the state as a patient investor-of first resort; and develop dynamic capabilities to adapt and steer the mission as it evolves.
“The NYDA, for example, must be transformed into a capability that is able to gather market and economic intelligence about the future of industry and work; identify emerging strategic opportunities; measure (cross sectoral) impact of policies; enhance our ability to spot risks/opportunities; increase our ability to anticipate and adapt; and support new agents of systemic socio-economic change.”
Research capability
She also challenged the NYDA to have a well-resourced research capability that is able to provide situational awareness.
“[The NYDA] must address the questions such as: in light of the youth question, where are we, where should we be going, and what is likely to get in our way [both threats and opportunities], as we navigate to that collectively desired destination.
“What adjustments, if any, do we need to make to deal with the threats and make the most of opportunities? Through knowledge management, we must be able to anticipate, respond, and navigate uncertainties and potential crises,” Chikunga said.
In efforts to attract manufacturing, promote beneficiation and drive industrialisation, Chikunga stressed a need to ensure that women and youth have access to land for agricultural purposes and related value chains. She also stressed the need for an emerging industrialist fund to turn young people’s ideas and innovation into productive economic activities.
She also spoke of a need to engage with all unemployed graduates, listening to their experiences, understanding their needs, and working with them to pursue sustainable opportunities; as well as a need for a cap on the minerals that leave as unprocessed rocks.
‘We need to leverage public procurement to provide off-take for youth and women owned business. We can only do this if we leverage our convening powers as government,” Chikunga said. – SAnews.gov.za
GabiK
Thu, 08/29/2024 - 13:52
The Portfolio Committee on Women Youth and Persons With Disabilities received a briefing today from the National Youth Development Agency (NYDA) on its annual performance plan (APP) and budget for the 2024/25 financial year.
The committee heard that for the 2024/25 financial year, the budget allocation for the Department for Women, Youth and Persons with Disabilities is R791.3 million. The budget includes a significant portion earmarked for youth development programmes, although it reflects a decrease from the previous year's budget. The APP outlines specific targets, including support of youth-owned enterprises, job creation and the facilitation of skills development programmes.
The committee praised the comprehensive presentation provided by the NYDA and commended their ongoing efforts to address the challenges facing South Africa's young people.
Throughout the discussions during the meeting, several important themes emerged. Firstly, there was consensus among committee members about the urgent need to address the high levels of youth unemployment. Many members highlighted the importance of aligning education systems with the demands of the job market. The committee believes entrepreneurial skills should be integrated into the school curriculum to better prepare young people for future employment opportunities.
The committee had concerns about the accessibility of NYDA services, particularly in rural areas. Committee members said it is crucial for the agency to enhance outreach efforts to ensure that young people, especially those from marginalised communities, have access to vital information and resources that the NYDA has to offer. Members suggested exploring partnerships with local organisations and using mobile units to reach young people who may face transportation barriers.
Regarding the NYDA's budget, members of the committee noted discrepancies between the agency's reported allocations and the figures obtained from the National Treasury. This discrepancy warrants closer scrutiny to ensure transparency and accountability in the use of resources. Furthermore, the committee recognised the significant reduction in funding for various programmes and indicated that it is eager to understand how the NYDA plans to sustain its initiatives under these financial constraints.
The committee noted in the presentation that the upcoming financial year marks the last for additional funding of R250 million for the National Youth Service programme, which raises questions about the long-term sustainability of such initiatives.
The committee also inquired about the effectiveness of the NYDA's programmes, specifically regarding the distinction between job opportunities created and actual long-term employment. The committee indicated that it is keen to understand the sectors that have benefited most from these opportunities and the sustainability of the jobs created.
Additionally, the issue of inclusivity for persons with disabilities within the NYDA's programmes was highlighted. While the NYDA has made strides in developing a disability strategy, the committee encourages further efforts to ensure that programmes cater to the diverse needs of all young people, including those with disabilities.
Finally, the committee expressed a desire for more detailed reporting on the performance of board members and the mechanisms in place for evaluating their contributions. It is essential that we hold ourselves accountable and ensure that our leadership remains effective in driving the NYDA's mission forward.
The committee's Chairperson, Ms Lindelwa Dunjwa, said: “The committee is committed to supporting the NYDA in its mandate to empower young people across South Africa. We look forward to continued engagements that will enhance our collective efforts to address youth unemployment and promote socio-economic development,” she said.
Distributed by APO Group on behalf of Republic of South Africa: The Parliament.
The Portfolio Committee on Health met to discuss the findings of the Competition Commission's Health Market Inquiry (HMI) Report, which investigates the state of competition in the South African healthcare sector.
The HMI was initiated in 2013 to assess features that may impede affordable healthcare access and its final report was published in September 2019.
Responding to the commission's presentation, the committee focused on various concerns with the National Health Insurance (NHI) and the implications for the healthcare system, particularly in light of the HMI's recommendations.
Committee members asked about the origins of current challenges in the healthcare sector, emphasising that many issues stem from historical changes to medical schemes made before the current administration. During the engagement, it was noted that the previous regulatory environment, which guaranteed payment to providers and uniformity in care, has eroded, leading to confusion and instability. Members made a strong call for a return to foundational principles, including statutory tariffs and guaranteed benefits for medical scheme members, to restore order and fairness in the healthcare system.
The economic implications of the NHI were also highlighted. The committee expressed its concern that the transition could exacerbate existing issues within the healthcare sector. Committee members also called for a thorough investigation into potential collusion among major market players and highlighted the importance of ensuring that the NHI implementation does not lead to further monopolisation of healthcare services.
The committee's discussion also focused on potential challenges in implementing the NHI within the current fragmented healthcare environment. Concerns were expressed that without a coherent regulatory framework, the goals of the NHI may be undermined. Members raised questions about how the government plans to engage with existing healthcare providers and stakeholders to incorporate their perspectives into the NHI rollout.
The need for collaboration between the ministries of Health and of Trade and Industry was another issue mentioned as crucial for creating a unified approach to healthcare reform. The committee indicated that such collaboration is essential for addressing both health outcomes and economic impacts, allowing for the development of policies that promote innovation and competition in the healthcare sector.
The role of the private sector within the NHI framework was also discussed, focusing on balancing contributions from private healthcare providers while maintaining a robust public healthcare system. The committee emphasised the necessity of feedback from both the public and private health sectors to create a fair and efficient healthcare system.
Making his contribution on the report, committee Chairperson Dr Sibongiseni Dhlomo, expressed deep concern regarding maternal healthcare outcomes in South Africa, particularly the stark differences in delivery methods between public and private hospitals. He noted that in public hospitals, approximately one million babies are delivered annually, with only three out of 10 mothers opting for caesarean sections. In contrast, in private hospitals seven out of 10 women delivering via caesarean, raising issues about the motivations behind these choices. Dr Dhlomo emphasised the importance of natural deliveries, highlighting that women are capable of delivering safely without unnecessary surgical interventions.
He criticised the practice of prolonging hospital stays for women who have undergone caesarean sections, pointing out that many are required to remain in the hospital for several days post-delivery, which incurs additional costs and may not be medically justified. He argued that the standard of care should allow for early discharge, particularly for women who meet health criteria within six hours after delivery. Dr Dhlomo called for a revaluation of these practices, advocating for a healthcare system that prioritises the well-being and autonomy of mothers, rather than financial gain.
He urged the Department of Health to respond proactively to these concerns, emphasising the need for systemic changes that support equitable and high-quality maternal care across both public and private sectors.
In his concluding remarks, Dr Dhlomo asked the Department of Health to take note of all the questions and concerns raised during the discussions. He said the department would be given the opportunity to respond in detail when the committee convenes for its next meeting. “This approach ensures that the Department of Health can provide comprehensive answers and engage in meaningful dialogue regarding the issues surrounding the National Health Insurance and the findings of the Health Market Inquiry Report,” said Dr Dhlomo.
Distributed by APO Group on behalf of Republic of South Africa: The Parliament.
Tenders issued to appoint independent investigator into Telkom Towers
Public Works and Infrastructure Minister Dean Macpherson says his department has issued tenders for the appointment of an independent investigator to, within 60 days following their appointment, provide a detailed report on what went wrong with the Telkom Towers building in Pretoria.
According to Macpherson, the report should detail who is to blame and what will be the best solution moving forward for the Telkom Towers to limit further wastage of taxpayer money.
Earlier this month, the Minister conducted an oversight inspection at the Telkom Towers.
The building was procured to serve as the South African Police headquarters in 2016 to the tune of nearly R700 million. Officials say to date, over R200 million has been spent on renovations and other services but the building remains empty due to lapses.
Addressing the media in Cape Town on Wednesday, Macpherson said in the coming weeks, a tender for a second independent investigation will be released to investigate leases which have been established by the Department of Public Works and Infrastructure to ensure that these leases were completed within the confines of the law and that the state is paying market-related prices for each.
“Shortly after my appointment, we initiated an investigation into an R300 million IT security breach that spans a decade. The investigation builds on the work Deputy Minister Sihle Zikalala started earlier this year when vulnerabilities were discovered in the department’s Information and Technology Systems,” the Minister said.
Macpherson said preliminary reports since the extent of the security breach was found suggest that the amount of money stolen over the period confirms the seriousness of the matter.
He has also authorised the department’s legal services to assist the Special Investigating Unit (SIU) with litigation at the Special Tribunal to recover up to R20 million against Kroucamp Plumbers.
“This case involves tenders received by Kroucamp Plumbers in 2015 and 2018, where procurement processes were found to be unlawful and unconstitutional.
“The SIU discovered that payments were made to officials in our department amounting to over R300 000, and these actions are indicative of corruption that we are determined to root out,” the Minister said.
Macpherson said his goal is to make the department play a central role in using public assets for the public good and to help turn South Africa into a construction site which will ignite economic growth and create jobs.
“Over the past eight weeks, I believe we have started to lay the foundation for the work to begin to see cranes in the sky all over South Africa,” Macpherson said.
Central to the department’s strategy for increased infrastructure investment is to see the expansion and the capacitation of Infrastructure South Africa (ISA).
“We want to ensure that ISA functions as the single point of entry for all priority infrastructure projects, streamlining processes and reducing inefficiencies that have previously hampered project delivery,” Macpherson said.
This will not only improve efficiency but also ensure that the department prioritise projects with the greatest economic and social impact.
“And, this will increase investor confidence in public infrastructure projects, knowing that where Infrastructure South Africa is involved, construction projects are completed on time and within budget.
“We are accelerating broader budget reforms by collaborating with the National Treasury to streamline the Public-Private Partnership (PPP) process and establish an Infrastructure Fund that reports directly to the National Treasury.
“We are diversifying funding sources for infrastructure projects by focusing on PPPs, blended finance, and social infrastructure programmes. ISA will work closely with the National Treasury to direct investments toward projects with the highest GDP [gross domestic product] impact and job creation potential,” the Minister said.
The Minister said as the department pushes forward with reforms to ignite infrastructure investment, it was important that the department get its own house in order to ensure that it delivers on the core mandate.
“Accountability and transparency should be at the core of everything we do, while we work to eliminate corruption and abuse in all spheres of our organisation.” – SAnews.gov.za
Edwin
Thu, 08/29/2024 - 10:11
Trinasolar (www.Trinasolar.com), a global leader in smart PV and energy storage solutions, further solidified its commitment to South Africa's renewable energy future with an insightful customer event in Cape Town on August 26th. This event not only emphasized Trinasolar's ongoing expansion in the region but also highlighted its transformative impact on the country's energy landscape.
The event featured a keynote address by Kadri Nassiep, the City of Cape Town's Energy Executive Director, who provided an insightful overview of the city's energy strategies. Mr. Nassiep's address tackled the critical challenges of power outages and outlined innovative solutions that align with Trinasolar's mission to deliver reliable, sustainable energy to communities across South Africa.
Zaheer Khan, Regional Director for South Africa at Trinasolar, spoke to the company's significant milestones in the region, reflecting on Trinasolar's growing leadership in the renewable energy sector. "Our journey in South Africa is one of partnership and progress. Trinasolar's advanced technologies and strategic collaborations are not only addressing the immediate energy needs but also laying the foundation for a sustainable energy ecosystem in the country," Khan stated. He further emphasized Trinasolar's role as a catalyst for positive change, driving both economic growth and environmental stewardship in South Africa.
Peter Pan, Trinasolar's Storage Sales Manager, presented the company's cutting-edge energy storage solutions, which have been instrumental in ensuring energy resilience across different regions. His presentation highlighted Trinasolar's ability to offer full-process solutions that adapt to the diverse and dynamic needs of South African customers, further reinforcing the company's pivotal role in the country's energy transition.
In a surprise highlight, legendary South African cricketer Dale Steyn shared his journey of overcoming challenges, drawing parallels between his career and the resilience required in the energy sector. Trinasolar also announced the establishment of the Trinasolar SA Padel Club, an initiative designed to strengthen business relationships with key partners in South Africa's renewable energy industry. The club will serve as a platform for collaboration and networking among industry leaders, fostering a community dedicated to the shared goal of sustainable energy advancement.
The evening concluded with a gala dinner and a captivating performance, leaving guests with a renewed sense of purpose and a commitment to driving forward South Africa's renewable energy agenda, with Trinasolar at the helm.
Since its founding in 1997, Trinasolar has emerged as a world-leading photovoltaics technology provider. With a robust presence in South Africa, the company continues to innovate and expand, playing a crucial role in the country's transition to a sustainable energy future.
Distributed by APO Group on behalf of Trina Solar.
About Trinasolar (688599. SH)
Founded in 1997, Trinasolar Co Ltd (stock symbol: Trinasolar; stock code: 688599) is engaged mainly in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. PV systems consist of power stations and system products. Smart energy comprises mainly PV power generation and operatzions and maintenance, smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. We are committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future.
On June 10, 2020, Trinasolar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange(SSE). It was the first PV and energy storage company to go public on the STAR Market providing PV products and systems, as well as smart energy. For more information, please visit www.Trinasolar.com.
The Democratic Republic of the Congo (DRC) and Zambia – among the world's top mineral producers – are currently spearheading the implementation of a Transboundary Battery and Electric Vehicle (EV) Special Economic Zone (SEZ) (https://apo-opa.co/4g2yhK7). The development of SEZs dedicated exclusively to battery and EV production aims to unlock new foreign investment, as well as position both countries within the global automotive manufacturing space.
The upcoming Critical Minerals Africa (CMA) Summit will feature a Automotive and Batteries Focus panel, examining measures to establish Africa as a global hub for battery precursors, batteries and EVs, as well as exploring opportunities for Africa's critical minerals to support clean energy development. To date, most African automotive manufacturing takes place in South Africa, yet massive mineral wealth in Zambia and the DRC indicates the potential of these markets to become industrial hubs.
The Critical Minerals Africa 2024 summit on November 6 - 7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference (https://apo-opa.co/4fUGT5A) on November 4 - 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
Increased cooperation among governments and international partners has been critical to positioning Africa's mineral producers as potential manufacturing partners. The DRC, which holds the world's largest cobalt reserves at 6 million metric tons out of the global 11 million metric tons, established the Congolese Battery Council in 2023 to facilitate investment across its mineral value chain. The country – also representing Africa's largest copper producer – signed an MOU with Zambia in March 2023 to fast-track the implementation of the Transboundary Battery and Electric Vehicle SEZ, seeking to add value to its raw cobalt and copper resources.
Zambia – Africa's second-largest copper producer – formed a task committee in 2023 to expedite the implementation of the SEZ and identified land to host the zone. The country has strengthened partnerships with global mining firms, including Ivanhoe Mines, Galileo Resources, Tertiary Minerals, First Quantum, Vedanta Resources, Jubilee Metals and Xtract Resources, to achieve its goal of producing three million tons of copper annually by 2030. The Zambian and DRC governments are also partnering with the World Bank to launch local platforms between May 2024 and 2026, aimed at identifying and assessing investment prospects across their respective EV and critical minerals value chain.
South Africa, which holds 80% of the world's platinum group metals (PGMs) reserves – crucial for EV and hydrogen vehicle production – currently leads Africa's EV market. Mining firm Isondo Precious Metals (https://apo-opa.co/3XlPHdy) plans to launch an advanced manufacturing facility for processing PGMs for EV applications in Johannesburg. Meanwhile, global automaker BMW, mining firm Anglo Platinum and energy company Sasol are piloting a fleet of hydrogen-fueled vehicles to advance smart mobility adoption in South Africa. CMA 2024 will host delegations from the DRC, Zambia, South Africa and other key industry stakeholders to discuss the latest developments shaping Africa's smart mobility and mining sectors.
Distributed by APO Group on behalf of Energy Capital & Power.
Africa's tourism sector is poised for an exciting ascent, and it has the potential to soar if it is propelled by visionary strategies and robust investments that harness the continent's unparalleled tourist allure.
Amid the unprecedented changes of recent years, Africa's tourist appeal is greater than ever. With the right steps, it can offer more top destinations for today's tourists. The API Hospitality & Residences Forum is a pivotal platform for Africa's hospitality industry that is legendary for its dealmaking, networking, and unique insights. It takes place on 19 September 2024 at the Westin Hotel in Cape Town on the first day of the highly anticipated two-day API Summit.
This year's API Summit is themed “Impact”, and industry leaders speaking at the API Hospitality and Residences Forum highlight the key to unlocking the full potential of Africa's tourism sector to foster sustainable growth and enhance the continent's appeal to both travellers and investors includes focused investments, strategic partnerships and robust public sector involvement. The API Hospitality & Residence Forum sets the stage to catalyse and nurture these outcomes.
Bani Haddad, Founder and Managing Director of Aleph Hospitality, the largest independent hotel management company in the Middle East and Africa, will be among the distinguished speakers. "The pandemic had several profound effects on the tourism sector," Haddad reflects. "One of the most noticeable impacts has been the increased desire among travellers for domestic or regional trips, as well as nature-based or less crowded destinations. Africa is uniquely positioned to benefit from these trends.”
Citing the latest Chain Development Pipeline report by W Hospitality, Haddad notes a 20% growth in the number of hotel rooms in Africa since 2020, reaching a total of 92,134 rooms. “This growth indicates that the supply is expanding across the continent to meet the rising demand. We are also witnessing an increase in the quality and branded hotel supply in resort destinations such as Zanzibar and national parks like Serengeti and Mara. The global demand for nature and experiential experiences presents a significant opportunity for Africa, which has much to offer in this regard."
Haddad continues, "Investing in and fostering partnerships within the tourism sector is not just beneficial but essential for unlocking its full potential in Africa.”
Such efforts can lead to comprehensive economic development, job creation, and the promotion of sustainable and inclusive growth. He emphasises that governments, private sector players, and international organisations all have crucial roles in facilitating these investments and partnerships to ensure the tourism sector thrives and significantly contributes to the continent's development.
Echoing this sentiment, Daniel Trappler, Senior Director – Development Sub-Sahara Africa at Radisson Hotel Group (RHG), who will also speak at the event, outlines RHG's strategic plans in the post-COVID landscape. "RHG plans to capitalise on growth opportunities in key value nodes such as Cape Town, Victoria Falls, Zanzibar, and leisure offerings in the coastal and safari segments across Southern and Eastern Africa. Within these nodes lies the opportunity to increase RHG branded supply to meet the obvious growing demand.”
Trappler highlights RHG's eagerness to expand its footprint in Cape Town's 5-star and luxury segments, which have consistently performed above the market average despite higher rates. In Victoria Falls, RHG aims to replicate the success of its Zambezi River's Zambia side, planning to introduce the upscale Radisson brand to Victoria Falls, Zimbabwe.
"We are actively seeking partners to bring our Radisson, Radisson Blu, or Radisson Collection brands to Zanzibar, given RHG's significant presence in Eastern Europe, the largest source market for Zanzibar," Trappler adds.
Since opening its new Radisson Safari Hotel Hoedspruit, RHG has set its sights on replicating the same model within Southern and Eastern Africa, capturing both the foreign market and the regional market, which prefers short travel distances for tourism needs.
“The group is developing resort offerings in various safari and coastal locations, including Masai Mara, Serengeti, the Kenyan coast, Seychelles, Mauritius and the wildlife territories in Namibia and Botswana."
Trappler underscores the critical role of investment and public sector involvement. "The contribution of tourism to GDP is evident across the region. National and local governments need to increase their awareness of the sector's potential contribution to GDP. In South Africa, where RHG aims to double its portfolio, we need to see more active interest and contributions from the public sector towards developing hotels and hospitality infrastructure."
He stresses the need for public sector initiatives driving growth in this sector, particularly in South Africa, where the sector is strong but could be a much larger contributor to GDP and employment creation.
The API Hospitality & Residences Forum is a unique pan-African event that brings hospitality-focused leaders and investors together with Africa's leading real estate community. Sponsored by industry giants like Radisson Hotel Group, Marriott Hotels, HTI Consulting, JLL, and Tui Blu, the forum offers an unparalleled platform for doing business in African hospitality.
With over 500 leaders expected to attend the summit, including more than 250 hospitality delegates, in excess of 75 hotel brands, operators and owners, and 35 speakers, the API Hospitality & Residences Forum is the premier gathering of Africa's leading hospitality professions and consultants.
Distributed by APO Group on behalf of API Events.
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083 651 7777
Distributed for API Events by Dmix:
API Events
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