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You are here: Home / Archives for new

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16 August 2024

Exploring the Versatility of Shipping Containers

Location: MyPR

Shipping containers have become an integral part of modern logistics, construction, and storage solutions. Their robust design and adaptability make them suitable for various uses beyond traditional shipping. This article explores the many facets of shipping containers, including the benefits of container conversions and the availability of shipping containers for sale.   What Are Shipping …

Read moreExploring the Versatility of Shipping Containers
16 August 2024

Government working to finalise Marikana tragedy claims

Location: News

Government working to finalise Marikana tragedy claims

Justice and Constitutional Development Minister, Thembi Simelane, says government remains dedicated to addressing claims arising from the Marikana tragedy.

Today marks the 12th anniversary of the Marikana tragedy. 

On 16 August 2016, 34 mineworkers at the Lonmin mine in the North West were shot by police while they were demanding a salary of R12 500 a month.

Ten police officers were also killed in the days leading up to the Marikana massacre. Speaking at Friday’s media briefing, Simelane described today as a “sombre chapter in the nation’s history that continues to resonate deeply”. 

According to Simelane, about R352 million has been disbursed in claims related to Marikana. 

“This reflects our ongoing efforts to ensure that those affected receive the compensation they are due,” she said at the briefing held at the Government Communication and Information System (GCIS) in Pretoria. 

READ | Government pays out more than R330m to Marikana victims

The beneficiaries include the families of the 34 mine workers who lost their lives, as well as the injured and arrested mine workers. 

“Each case has been assessed individually to ensure that compensation aligns with legal frameworks and court directives.

“We have resolved most aspects of the Marikana matter, apart from constitutional damages, which are currently under consideration by the Gauteng High Court. We remain committed to finalising this matter and ensuring that justice is served.” 

Meetings 

Over the past few weeks, the Minister said her office has conducted a series of comprehensive meetings with management and branch heads to gain a detailed understanding of the department’s operational challenges and opportunities. 

They have also consulted with the entities reporting to the department and said they have received invaluable input from these briefings as they prepare for the new administration. 

“We are grateful for the messages of support and constructive advice from various organisations and institutions within the justice cluster. These insights will be instrumental as we work together to uphold and promote fair justice practices,” she explained. 

Special Tribunal

In addition, the Minister said the department remains resolute in its commitment to bring perpetrators of corruption to justice. 

The Special Tribunal, established in 2019, she stressed, continues to play a crucial role in recovering State funds lost to corruption. 

To date, she said the Tribunal has successfully recovered an estimated R15 billion, demonstrating the effectiveness of this specialised judicial body.

She also announced that the Presidency will soon announce the names of the Judges of the Special Tribunal, ensuring that the Special Investigating Unit (SIU) has the judicial support necessary to pursue further cases of corruption and malfeasance. – SAnews.gov.za

 

Gabisile
Fri, 08/16/2024 - 11:29

82 views
Read moreGovernment working to finalise Marikana tragedy claims
16 August 2024

The Importance of Regular Website Updates for Small Business Success

Location: MyPR

PRETORIA, South Africa – Keeping a business website updated is a critical yet often overlooked aspect of maintaining a strong online presence. Click Results, a leading digital marketing firm based in Pretoria, emphasizes the importance of regular website updates for small business owners who want to remain competitive in today’s digital marketplace. One of the …

Read moreThe Importance of Regular Website Updates for Small Business Success
16 August 2024

Transport Management System

Location: MyPR

Integrated Transport Management and Fleet Management Software for South Africa You are with Fleataable The Best Fleet and Transport Management Software Thousands of customers recognized Fleataable as the best transport & fleet management software. The digitalization of the transport industry has resulted in the invention of online interface platform transportation management software With Fleataable, we …

Read moreTransport Management System
16 August 2024

Stop new mining on West Coast, say fishers

Location: News

“We depend on the ocean”

Read moreStop new mining on West Coast, say fishers
15 August 2024

Innovative Financing and Policy Support: Accelerating Renewable Energy Development in Africa (By Ana Hajduka)

Location: News
AOW: Investing in African Energy

By Ana Hajduka, founder and CEO of Africa GreenCo (www.AfricaGreenCo.com).

As Africa's energy sector deregulates, exciting opportunities open up for financial innovation to benefit consumers. Private-sector buyers and traders can mitigate default risk and provide certified green energy at lower cost, writes Ana Hajduka, founder and CEO of Africa GreenCo.

Africa's renewable energy potential is undeniable, but it remains largely untapped. The problem is that the financing landscape for renewable energy and other projects in Africa was previously reliant on state utilities as buyers.

The scale of projects that could be financed in a country were then limited by the fiscal capabilities of that country and the sovereign guarantees it could provide.

This traditional model of relying on countries to provide such guarantees has faced recent challenges, because of increasing debt burdens, and shifting economic priorities.

Opportunities have therefore emerged for innovative financial approaches that will ensure more guarantees can be acquired from other sources and that risk can be diversified across a portfolio of suppliers and customers.  This would see more projects achieving financial close, to ultimately provide more African people with clean energy.

There is also room to not only grow new renewable energy supply, but to create new renewable energy markets on the continent, where that supply can be sold.

As a consequence, the market is opening up to allow alternative buyers of new renewable energy, which can utilize existing regional competitive energy markets to diversify its risks – buyers such as GreenCo.

This is extremely relevant at the moment. Legislation like South Africa's Electricity Regulation Amendment Bill, is set to open up the electricity sector to new supply and trading models. This foreshadows the opening of a competitive spot market for electricity trade in South Africa – linking in the future the South African spot market with that of the Southern African Power Pool.

Namibia did something similar a couple of years ago, as did Zambia.

These regulatory market developments are important as they facilitate innovation and new private sector business models through which there can be a scale up of bankable offtake agreements for new supply. The problem in the region is not lack of projects. It's not lack of funding. It's earning enough lender trust to lend on the back of a  20-25 year power purchase agreement backed by a private sector buyer without state fiscal support.  

Transmission capacity

Transmission constraints are another factor in this emerging scenario. The development of the electricity sector across the region effectively has a ceiling, determined by the available transmission network for new generation.

Previously, development finance institutions would only fund state utilities, and then only when it was proved that sufficient generation would be coming on board to utilize any new transmission infrastructure.

Now, thanks to the growing liberalisation focus in the region, allowing new private sector participants to buy and trade power, these transmission funding inflows can be facilitated. This new supply will be critical to making new transmission investments bankable.

If the private sector can sufficiently guarantee that any proposed new capacity coming on board will utilise the necessary transmission infrastructure, that new capacity effectively backs the viability of the new transmission investing – bringing a direct value add to the state utilities in South Africa and the rest of the SADC region.

Regulatory readiness

But for all of this to fall into place, we need a convergence of the relevant regulatory readiness – and we are already seeing this across the region. In many SADC countries, new legislation is providing the regulatory clarity that the private sector requires to venture into supply, transmission and trade.

The entire ecosystem must work for new entrants, and lenders. Until now, lenders have seldom considered state utilities to be creditworthy, and they have required significant fiscal guarantees to cover the power-purchase obligations of those utilities.

That model is a double whammy. Not only does it encumber utilities with debt for new generation, but it hits the national fiscus as well.

In South Africa, for example, the widely respected REIPPP process has brought online a significant amount of new generation. However, once the South African government started reporting on the process in accordance with IMF fiscal transparency regulations, this added an additional 36% to the contingent liabilities of the national treasury – almost $15 billion - overnight. That is money that can no longer be channeled into education, health and other key infrastructure development (water, transmission etc).

The REIPPP model has been extremely successful in the electricity sector, but it has perhaps outlived its usefulness. There are other priorities, and the private sector should be sufficiently capable to deliver on its own, with the lending community partnering accordingly.

The REIPPP model can be replicated in cases such as storage tenders, and in the transmission space. While transmission is usually considered a government function, it would certainly be possible to incentivize the private sector – and lenders – to enter the space.

New licensees

Across the region, markets are liberalising rapidly. South Africa has shown it can happen almost overnight, as in the case of the country's generation regulations. This has allowed third-party wheeled projects, from generators directly to customers, and facilitated new license applicants in the market such – such as GreenCo.

This shows how market thinking about the development of the electricity sector has fundamentally changed. There is collaboration like never before.

For GreenCo, events like the forthcoming AOW event offer opportunities to align with mining, commercial and industrial offtakers, as well as suppliers and IPPs. For an entity like ours, it's also a chance to show potential customers and suppliers the bankability of our own offtake; that lenders have confidence in our power purchase agreements.

Financial innovation must happen in a way that makes lenders comfortable. What that looks like in our case is that all our payment obligations are backed by an internationally AA- credit rated guarantee provider GuarantCo.

We are entering the South African market operationally ready to supply customers within South Africa and outside; and with financial readiness in the form of innovative guarantee structures to be considered bankable in the market.

The ultimate beneficiaries of this financial innovation must be the consumers. Many are looking to decarbonise their operations – for climate change reasons, and to make their products competitive on international markets.

Affordability is another key consideration. In our case, by being able to provide sufficient operational and financial risk mitigation to the lenders of the generators that supply to us, we can supply electricity far more affordably.

Around 70% of the costs of a generation or renewable energy project is from the cost of debt. Therefore, the more bankable an offtaker is, the lower the debt costs, and the cheaper the electricity – a clear demonstration of the benefits of financial innovation for the end consumer.

  • AOW: Investing in African Energy unites industry leaders to develop policy, share discoveries, secure investment, and shape Africa's energy future. The event runs from October 7 – 11 at the CTICC.

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

About GreenCo: 
GreenCo is a renewable energy buyer and trader operating in Southern Africa (Zambia, South Africa, Zimbabwe and Namibia); purchasing power from renewable energy generators and selling that electricity to utilities, private sector offtakers (i.e. commercial and industrial users), national power trading markets and to the competitive markets of the Southern African Power Pool (SAPP). GreenCo is an active trader on SAPP and holds a number of applicable licenses covering its operations within the Southern African region. Through its activities, GreenCo will increase the supply of, and demand for, finance for energy projects, and mobilise private sector capital more quickly towards critical and transformative capacity addition. For more information please see: www.AfricaGreenCo.com

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AOW: Investing in African Energy
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Read moreInnovative Financing and Policy Support: Accelerating Renewable Energy Development in Africa (By Ana Hajduka)
15 August 2024

Scaling up response to curb growing mpox outbreak in African region

Location: News

WHO Regional Office for Africa
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As the mpox outbreak that has affected the Democratic Republic of the Congo and spread to neighbouring countries continues to grow, World Health Organization (WHO) is intensifying support to countries to scale up measures to curb the virus and save lives.

On the advice of independent experts of the International Health Regulations Emergency Committee, WHO Director-General has determined that the upsurge of mpox constitutes a public health emergency of international concern (PHEIC). The emergence of a new strain of the mpox virus in the Democratic Republic of the Congo and its rapid spread, including to neighbouring countries, is one of the main reasons for the declaration of the PHEIC, the second such determination in two years relating to the disease.

So far this year, more than 2100 laboratory-confirmed cases and 13 deaths have been reported from 12 countries (Burundi, Cameroon, Central African Republic, Congo, Cote d'Ivoire, the Democratic Republic of the Congo, Kenya, Liberia, Nigeria, Rwanda, South Africa and Uganda) compared with 1145 confirmed cases and seven deaths in the whole of 2023 reported from 11 countries.

“We are hard at work on the frontlines of the response, collaborating closely with governments and communities to strengthen mpox control measures and are ramping up efforts to curb the widening trend of the virus through coordinated action with partners and national authorities,” said Dr Matshidiso Moeti, WHO Regional Director for Africa.

WHO is stepping up support to the affected countries by deploying additional experts, including epidemiologists and anthropologists, and providing initial funding to accelerate outbreak response measures. Efforts are also underway to enhance cross-border collaboration for case investigation, contact tracing and community engagement to ensure compliance with preventive measures.

The Organization also supporting national regulatory authorities to speed up regulatory approvals, as well as providing guidance to national immunization technical advisory groups to ensure readiness for vaccine rollout.  WHO has triggered the process for Emergency Use Listing for mpox vaccines, which will accelerate vaccine access for lower-income countries which have not yet issued their own national regulatory approval. Emergency Use Listing also enables partners including Gavi, the Vaccine Alliance, and UNICEF to procure vaccines for distribution.

Efforts are also being ramped up to strengthen national diagnostic capacities by providing testing kits and reagents and machines to decentralize testing. Genomic sequencing is also ongoing to determine the mpox clades.

To enhance preparedness in countries neighbouring the Democratic Republic of the Congo and those at risk, disease surveillance and training of frontline health workers is being stepped up as well as public awareness campaigns.

Caused by an Orthopoxvirus, mpox was first detected in humans in 1970, in the Democratic Republic of the Congo. The disease is considered endemic to countries in central and west Africa. Mpox is transmitted from animals to humans. It can also spread from humans to humans through contact with bodily fluids, lesions on the skin or on internal mucosal surfaces, such as in the mouth or throat, respiratory droplets and contaminated objects.

Distributed by APO Group on behalf of WHO Regional Office for Africa.

Read moreScaling up response to curb growing mpox outbreak in African region
15 August 2024

All Eyes On Long Beach for the Sea Harvest Cape Crown presented by Xcel Wetsuits

Location: MyPR

Long Beach, Kommetjie – The best junior surfers in the country are eagerly anticipating the Sea Harvest Cape Crown presented by Xcel Wetsuits, which will take place over the weekend of 6-8 September. It has been an exciting year for junior surfing in South Africa, with some great events blessed with excellent surf throughout the …

Read moreAll Eyes On Long Beach for the Sea Harvest Cape Crown presented by Xcel Wetsuits
15 August 2024

SA’s Boardrooms Need A Makeover: Afrika Tikkun Calls For A Leadership Revolution This Women’s Day

Location: MyPR

“It’s Time to Stop ‘Manning’ Boardrooms, Women in Senior Positions Drive Transformative Change in the Workplace, says Afrika Tikkun. 7 AUGUST 2024, JOHANNESBURG: As South Africa prepares to commemorate Women’s Day, Afrika Tikkun calls for transformative change in the workplace, emphasising the urgent need for more women in senior positions. Leadership that is not only …

Read moreSA’s Boardrooms Need A Makeover: Afrika Tikkun Calls For A Leadership Revolution This Women’s Day
15 August 2024

NSG hosts symposium on China-Africa relations

Location: News

NSG hosts symposium on China-Africa relations

China-Africa Media and Publishing, in collaboration with the National School of Government of South Africa, is set to hold a symposium titled: “The Governance of China: Forging a Closer China-Africa Community of a Shared Future, in Pretoria on Thursday.  

Thursday’s event will bring together South African and Chinese government officials, scholars, experts, and journalists for a robust exchange of ideas and insights. 

The seminar serves as a critical forum to discuss and shape the future of China-Africa relations and is a side precursor event to the upcoming Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) which will be held in early September in China. 

The FOCAC summit is expected to unveil new measures to deepen cooperation over the next three years, laying a stronger foundation for a closer China-Africa community with a shared future. 

The seminar of the NSG and China-Africa Media in Publishing is intended to promote dialogue and debate on China-Africa relations among government officials, scholars and experts. 

The seminar marks a significant step in the ongoing cooperation between China-Africa Media and Publishing and the National School of Government, following the signing of a Memorandum of Understanding (MOU) in May of this year. 

The agreement aims to promote joint research and dialogue in the form of Seminars and Symposia on topics such as China-South Africa relations and Global Governance. – SAnews.gov.za
 
 

Edwin
Thu, 08/15/2024 - 08:54

331 views
Read moreNSG hosts symposium on China-Africa relations
15 August 2024

High-Performance Used Engines from Lou Appels Engine Room

Location: MyPR

When it comes to replacing a car engine, quality and reliability are paramount. Lou Appels Engine Room offers an extensive selection of high-performance used engines that meet these criteria. This blog will cover engines from Honda, Hyundai, Jaguar, Jeep, and Kia, showcasing their features and why they are a smart choice for any vehicle owner. …

Read moreHigh-Performance Used Engines from Lou Appels Engine Room
15 August 2024

Chili Burns Becomes Major Distributor for Food Infusions, Enhancing Gourmet Food Offerings

Location: MyPR

Chili Burns, a prominent distributor in the gourmet food sector, is pleased to announce its new partnership with Food Infusions, a well-respected company known for its innovative and high-quality food products. This collaboration positions Chili Burns as a key distributor for Food Infusions, allowing the company to broaden its portfolio and serve a wider range …

Read moreChili Burns Becomes Major Distributor for Food Infusions, Enhancing Gourmet Food Offerings
15 August 2024

Bail denied for Cape Town attorney charged with attempted murder

Location: News

Court rules attorney Rael Kassel is a flight risk

Read moreBail denied for Cape Town attorney charged with attempted murder
15 August 2024

WHO declares mpox outbreaks in Africa a global health emergency

Location: News

WHO declares mpox outbreaks in Africa a global health emergency

The ongoing outbreak of Mpox has been officially declared a Public Health Emergency of International Concern (PHEIC) by the World Health Organisation (WHO).

The upsurge of Mpox in the Democratic Republic of the Congo (DRC) and a growing number of countries in Africa has been determined by the WHO Director-General, Dr Tedros Adhanom Ghebreyesus, to constitute a 
Public Health Emergency of International Concern (PHEIC) under the International Health Regulations (IHR).

Ghebreyesus’ declaration came on the advice of an IHR Emergency Committee of independent experts who met on Wednesday to review data presented by experts from the WHO and affected countries. 

A PHEIC is the highest alert level under international health law.

“The emergence of a new clade of Mpox, its rapid spread in eastern DRC, and the reporting of cases in several neighbouring countries are very worrying. On top of outbreaks of other Mpox clades in DRC and other countries in Africa, it’s clear that a coordinated international response is needed to stop these outbreaks and save lives,” Ghebreyesus said. 

WHO Regional Director for Africa, Dr Matshidiso Moeti, said significant efforts are already underway in close collaboration with communities and governments, with country teams working on the frontlines to help reinforce measures to curb Mpox. 

“With the growing spread of the virus, we’re scaling up further through coordinated international action to support countries bring the outbreaks to an end,” she said. 

Committee Chair, Professor Dimie Ogoina, indicated that the current upsurge of Mpox in parts of Africa, along with the spread of a new sexually transmissible strain of the Mpox virus, is an emergency, not only for Africa but for the entire globe. 

“Mpox, originating in Africa, was neglected there, and later caused a global outbreak in 2022. It is time to act decisively to prevent history from repeating itself.”

According to the WHO, the multi-country outbreak of Mpox was declared a PHEIC in 2022 after it spread rapidly via sexual contact across a range of countries where the virus had not been seen before. 

That PHEIC was declared over in May 2023 after there had been a sustained decline in global cases.
Meanwhile, Mpox has been reported in the DRC for more than a decade, and the number of cases reported each year has increased steadily over that period. 

Last year, the WHO said reported cases increased significantly, and already the number of cases reported so far this year has exceeded last year’s total, with more than 15 600 cases and 537 deaths.

“The emergence last year and rapid spread of a new virus strain in DRC, clade 1b, which appears to be spreading mainly through sexual networks, and its detection in countries neighbouring the DRC is especially concerning, and one of the main reasons for the declaration of the PHEIC,” the WHO said. 

In South Africa, the total number of cases stands at 24, of which 12 were reported in Gauteng, 11 in KwaZulu-Natal and one in the Western Cape and three deaths. 

Vaccine donation

The WHO announced it was working with countries and vaccine manufacturers on potential vaccine donations and coordinating with partners through the interim Medical Countermeasures Network to facilitate equitable access to vaccines, therapeutics, diagnostics and other tools.

The WHO said it anticipates an immediate funding requirement of an initial US$ 15 million to support surveillance, preparedness and response activities. 

To allow for an immediate scale-up, the WHO said it has released US$ 1.45 million from the WHO Contingency Fund for Emergencies and may need to release more in the coming days. 

“The organisation appeals to donors to fund the full extent of needs of the Mpox response.”

READ | Everything you need to know about Mpox disease – SAnews.gov.za

 

Gabisile
Thu, 08/15/2024 - 09:57

133 views
Read moreWHO declares mpox outbreaks in Africa a global health emergency
15 August 2024

Nip allergies in the bud with new pollen count

Location: MyPR

For allergy sufferers, the pollen season is anything but the proverbial bed of roses. Here’s a way to help you to blossom, despite allergies. In South Africa, we’re blessed with an abundance of show-stopping flora. From the indigenous weighty King Protea to delicately fragranced roses and a diverse variety of flowering succulents, such as vygies …

Read moreNip allergies in the bud with new pollen count
15 August 2024

My three-month battle with the Unemployment Insurance Fund

Location: News

Appeal to the new Minister of Labour to fix the problems with the fund

Read moreMy three-month battle with the Unemployment Insurance Fund
15 August 2024

Learners being taught under trees as Limpopo school waits for classrooms to be fixed

Location: News

Classroom block was destroyed by wind three years ago

Read moreLearners being taught under trees as Limpopo school waits for classrooms to be fixed
14 August 2024

Trek Africa Hunting Launches a Comprehensive Quarterly Newsletter

Location: MyPR

August 2024 – Trek Africa Hunting is thrilled to announce the launch of our comprehensive quarterly newsletter, a new initiative aimed at keeping our community of hunters informed and engaged. This newsletter will feature the latest news, updates, and insights about hunting in South Africa, providing our subscribers with valuable information straight to their inbox. …

Read moreTrek Africa Hunting Launches a Comprehensive Quarterly Newsletter
14 August 2024

The Benefits of Selling Your Damaged Car

Location: MyPR

In the lifecycle of vehicle ownership, there may come a time when your car suffers significant damage, either through an accident or due to mechanical failure. When faced with such a scenario, many car owners struggle with the decision of repairing the vehicle or parting with it. However, selling your damaged car can often be …

Read moreThe Benefits of Selling Your Damaged Car
14 August 2024

A New Era of Business and Government Collaboration

Location: Business

The Presidency of the Republic of South Africa
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President Cyril Ramaphosa convened a meeting yesterday with members of cabinet and senior business leaders to pave the way for a new era of collaboration under South Africa's 7th democratic administration, and to strengthen the partnership formed over a year ago to stimulate economic growth and job creation by addressing constraints on growth in energy, transport and logistics, and crime and corruption.

At the meeting, both business and government leaders committed to build upon progress achieved to date and accelerate implementation over the next 12-18 months in line with the strategic priorities of the Government of National Unity (GNU).

President Cyril Ramaphosa said, “The Government of National Unity has reaffirmed its commitment to urgently implement the reform agenda started by the 6th administration and to restore confidence and sentiment—essential drivers of investment, inclusive economic growth, and job creation. We have reaffirmed our commitment to a dynamic partnership between government and business to foster South Africa's economic growth and social advancement. Since the start of the partnership just over a year ago, we have made substantial progress towards stabilising the energy sector, improving the performance of our rail and port system, and strengthening the fight against crime and corruption.”

Adrian Gore, co-convenor of the business delegation, commented: "We welcome President Ramaphosa's commitment to a new era of partnership at a critical inflection point for the country. In the first phase of our partnership, over 130 CEOs pledged support and business invested more than R260 million and mobilised over 350 experts across the 3 focal areas. This has contributed to the excellent progress made with the reduction in loadshedding being the most visible and pronounced achievement. Continued momentum could mean we are able to achieve 3-5% GDP growth by 2030. We will be launching Phase 2 of our partnership with this ambition in mind.”

The meeting reviewed progress over the past year, as the partnership sought to align on priorities for the next chapter. There was strong consensus on the importance of continuing to address structural challenges, drive reforms and efficiencies, and invest in skills capacitation across all workstreams.

The energy workstream was reported to have had the most impact, achieving a dramatic reduction in load shedding in collaboration with Eskom (over 140 days without load shedding so far this year), and significant grid capacity recovery (with more than 6 GW of new energy generation added) through investment in additional technical support and capacitation from 57 companies investing over 9,000 hours at 5 power stations. The energy availability factor is currently tracking above 60% (vs 54% in 2023). 

However, we still face multiple challenges including rapidly rising electricity costs, unsustainable municipal utilities, complex market reform, a constrained grid with delayed expansion, and stalling investment in new generation. 

Significant investment will be required for energy sector reform over the next 5-10 years and there was strong consensus that it is critical to pave the way now to address the challenges. Business, Eskom and the Presidency have agreed that the priorities of the National Energy Crisis Committee should include a focus on transmission, market reform, municipal utilities and new energy generation. 

The transport and logistics and crime and corruption workstreams which are now fully established have also evidenced impact, albeit not as quickly or extensively as anticipated. 

Business has provided significant technical support and resources to Transnet Freight Rail, including procurement and operations expertise, and port maintenance support for Transnet Port Terminals. The Transnet Board and management team are making progress in implementing the Transnet recovery plan. Despite the significant efforts by the partners, there is broad acknowledgment that Transnet requires substantial interventions to improve performance to meet the needs of its customers and the market demand necessary for sustainable economic growth. 

The meeting agreed that the rapid implementation of structural reforms and strict adherence to the Freight Logistics Roadmap deadlines are crucial to facilitate participation of, and investment by, the private sector to help address our national logistics challenges. This is crucial to ensure that our commodities and manufactured products can be competitively sold into the local market and exported to meet demand. Resolving these issues will promote job retention and job creation.

In the crime and corruption workstream, an immediate joint imperative is to support South Africa's removal from the Financial Action Task Force (FATF) grey list, which would improve international confidence in SA as an investment destination. Key to this is demonstrating the law enforcement agencies' intent and ability to successfully prosecute complex crime and corruption cases and recover assets. Business is providing specialised skills at arm's length to support this objective. The promulgation of the NPA Amendment Act is key to bolstering IDAC's ability to effectively deliver on its mandate. 

The meeting acknowledged that economic growth is a pre-requisite for large-scale job creation. For now, unlocking a few key policy, regulatory and funding bottlenecks could accelerate existing short-term interventions across four areas, including new work opportunities in tourism and global business services, skilling that creates new jobs (particularly in digital skills), providing additional public sector first loss funding to crowd in private sector capital to increase affordable debt available for SMMEs, and institutionalizing, expanding and strengthening the SAYouth platform to facilitate access to opportunities for young people. 

Martin Kingston, Chair of the Business for South Africa (B4SA) Steering Committee, commented: “This is a model of collaboration that has shown its merit and is fit for purpose to drive accelerated growth and jobs in the 7th administration. Over the last year significant progress has been made and impact has been achieved, and whilst it has not been as swift or extensive as we would have liked, it has gifted us with a blueprint for success in a new era with the GNU. We are keen that the reforms are implemented with urgency. We are very optimistic about the next phase of the partnership.”

“As we move forward with this partnership, we will intensify our work to address these pressing issues and expand our efforts to drive employment creation. We know that the challenges ahead are formidable. But with our continued partnership, we are well equipped to navigate these complexities and contribute to sustainable growth for South Africa”, concluded President Ramaphosa.

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

Read moreA New Era of Business and Government Collaboration
14 August 2024

Discover the Finest Used Engines at Lou Appels Engine Room

Location: MyPR

When it comes to finding a reliable and cost-effective solution for your car’s engine needs, Lou Appels Engine Room stands out as a premier destination. Known for its extensive selection of high-quality used engines, Lou Appels ensures that you get back on the road quickly and affordably. In this blog, we’ll dive into the offerings …

Read moreDiscover the Finest Used Engines at Lou Appels Engine Room
14 August 2024

In sickness and in health: What can workers expect from their employer if they are too sick to work?

Location: News

CCMA finds dismissal of cancer survivor lawful

Read moreIn sickness and in health: What can workers expect from their employer if they are too sick to work?
14 August 2024

Renowned forecaster Dion Chang outlines major shifts and trends affecting retailers

Location: MyPR

Current concerns for store owners include: So-called ‘hermit’ consumers and how to draw them out The rise of the tech-savvy shopper and ‘phygital’ shopping The need for elevated in-store service Pervasive pragmatism and price consciousness Live-streamed sales promotions The recommerce boom Did you know retail sales are estimated to represent close to 20% of South …

Read moreRenowned forecaster Dion Chang outlines major shifts and trends affecting retailers
14 August 2024

Zikalala sets six-month deadline for the completion of Soshanguve Magistrate’s Court

Location: News

Zikalala sets six-month deadline for the completion of Soshanguve Magistrate’s Court

Public Works and Infrastructure Deputy Minister, Sihle Zikalala, has set a six-month deadline for the completion of the delayed Soshanguve Magistrate’s Court in Tshwane.

Speaking after conducting Operation Siyahlola at the magistrate’s court on Tuesday, Zikalala said the construction of the court will be completed by February next year.

Siyahlola is aimed at unblocking stalled Department of Public Works and Infrastructure (DPWI) projects.

READ | DPWI minister to conduct inspection at Port Shepstone Magistrate construction site

The construction of the Soshanguve Magistrates' Court, which commenced in 2019, has been delayed by various factors, including the COVID-19 pandemic and different professionals withdrawals mid-way through the construction. This led to most of the construction work being done by the professionals of the department itself.

“Through Operation Siyahlola, we inspect departmental projects, focusing on those that are delayed.

“We intervene and fast-track the implementation of those projects.  We also ensure that new projects are rolled out, providing vital infrastructure for communities. We also want to build capacity to do the work [ourselves].

“The Siyahlola programme has uncovered a few challenges that we would like to address, including the integration of local community leaders in projects, transparency, and employment opportunities for local communities,” Zikalala said. 

The two-phased Soshanguve Magistrates' Court project was initially earmarked for completion in 2022, with the latest deadline being February 2025. 

The two project phases include additional accommodation and renovation of the old court. The additional accommodation is 89% complete.  The renovation of the old court will resume upon completion of the additional accommodation.

Zikalala has called for holistic project management, which incorporates every aspect of the project, where all professionals work together. – SAnews.gov.za

Edwin
Wed, 08/14/2024 - 10:07

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Read moreZikalala sets six-month deadline for the completion of Soshanguve Magistrate’s Court
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