• Skip to main content
  • Skip to header right navigation
  • Skip to after header navigation
  • Skip to site footer
MyZA

MyZA

News, Directory, Events and Other Stuff

  • Social Media
  • Sport
  • World News
  • Home
  • Submit News
  • Directory
  • Events
  • Stratlec
  • TFSA
  • News
    • APO
    • Today’s Sport News
    • Todays Social Media and Tech Headlines
    • Today’s World News
    • Today’s SA Financial News
  • Contact
You are here: Home / Archives for new

new

27 March 2024

Skills Development – A New Era Beckons

Location: MyPR

Is your company ready to successfully transition from Learnerships to Occupational Certificates? As the deadline of 30th June approaches for the registration of legacy learnerships, companies must ensure they are prepared for the seismic shift in the Skills Development landscape. This pivotal moment marks the end of an era for historical learnerships and signals the …

Read moreSkills Development – A New Era Beckons
27 March 2024

Exciting new features announced as the Highland Gathering returns to Amanzimtoti

Location: Entertainment, MyPR

Visitors can look forward to a day of fun and outdoor adventure as the ‘biggest gathering of pipe bands in the Southern Hemisphere’ – the Highland Gathering – returns to Amanzimtoti’s Hutchison Park on Saturday, 27 April. This annual fundraiser hosted by The Lions Club of Amanzimtoti brings highlands fun to sunny KwaZulu-Natal, with new …

Read moreExciting new features announced as the Highland Gathering returns to Amanzimtoti
27 March 2024

KZN welcomes over 4000 new employees

Location: News

KZN welcomes over 4000 new employees

The KwaZulu-Natal Department of Cooperative Governance and Traditional Affairs (CoGTA) has welcomed over 4 000 new employees as part of the government's S’thesha Waya Waya e-recruitment initiative.

S’thesha Waya Waya is a provincial government initiative that assists job seekers by providing an online portal to search and apply for jobs in the public sector. 

This initiative has benefited thousands of job seekers across departments and public entities.

CoGTA MEC, Bongiwe Sithole-Moloi, handed over appointment letters to new employees during a ceremony held this week at the uThongathi Sport Centre.

The new recruits, which included among others over 500 interns, 220 in-service trainees and 100 permanent employees, received their appointment letters to officially welcomed them into the public sector.

Sithole-Moloi said the department conducted a major recruitment drive through the government’s Sthesha Waya Waya e-recruitment initiative.

The interns and in-service trainees will be placed in different municipalities across the province, while others will be based in the head office to capacitate different units with their new skills and acquire the experience that will help them to become employable.

She said the majority of the new employees, which include professional officers, middle, and senior managers, will assume their duties on 1 April 2024.

The MEC reiterated government's commitment to creating sustainable jobs by simplifying the application process.

While still accepting traditional CV submissions, she said most applications are received through S’thesha Waya Waya, via the online portal. 

“We still have more positions that have been advertised, and we encourage job seekers to utilise the platform by visiting the department website and logging onto the job portal. It is an easy and cost-effective method; we want to support job seekers in securing employment,” Sithole-Moloi said. – SAnews.gov.za

GabiK
Wed, 03/27/2024 - 11:33

884 views
Read moreKZN welcomes over 4000 new employees
27 March 2024

SA Legend Arno Carstens

Location: Entertainment, MyPR

SA Legend Arno Carstens Bands At The Beach Port Alfred Easter Festival, Port Alfred, 29 March – 1 April Tickets at QUICKET Arno Carstens, the iconic South African rock star, is a force to be reckoned with in the music industry, his relevance enduring through decades of musical evolution. Coolness exudes effortlessly from his persona, …

Read moreSA Legend Arno Carstens
27 March 2024

Centre for quadraplegics may have to close if Gauteng funding cuts are implemented

Location: News

Gauteng Department of Social Development says funding decisions will be announced before the end of March

Read moreCentre for quadraplegics may have to close if Gauteng funding cuts are implemented
27 March 2024

Homeowners protest after City Power tackles illegal connections

Location: News

700 houses targeted in sting operation

Read moreHomeowners protest after City Power tackles illegal connections
27 March 2024

Former PRASA board members should be declared delinquent, says SCOPA chair

Location: News

Irregular and possibly corrupt security contracts led to the widespread destruction of South Africa’s rail network

Read moreFormer PRASA board members should be declared delinquent, says SCOPA chair
26 March 2024

Legal Considerations when Protecting Your Intellectual Property

Location: MyPR

What is Intellectual property? Intellectual property (IP) is a legal concept that protects the creations of the mind, such as inventions, literary and artistic works, designs, symbols, and names. It grants creators exclusive rights to their creations, similar to physical property rights. IP law encompasses various categories, including patents, copyrights, trademarks, and trade secrets, each …

Read moreLegal Considerations when Protecting Your Intellectual Property
26 March 2024

Business Fundraising: How to Scale From Local to Global

Location: MyPR

Why fundraise on a global scale  Raising capital for your startup is a critical step in turning your entrepreneurial vision into a tangible, thriving business, especially when you start to think at scale. The right investors can bring so much more than money to the table – they can become solid partners in your business …

Read moreBusiness Fundraising: How to Scale From Local to Global
26 March 2024

Why Your Business Needs a Financial Gap Analysis

Location: MyPR

A financial gap analysis is a strategic tool that you can utilize to assess the difference between your current financial status, gaps and all,  and your desired financial goals or targets. This allows you to see where there are issues that need to be addressed, and should also offer you an actionable roadmap in order …

Read moreWhy Your Business Needs a Financial Gap Analysis
26 March 2024

Proactive Financial Management For Your Business

Location: MyPR

Proactive financial management is more than just good business practice, it’s a strategic approach that involves anticipating future financial challenges and opportunities, rather than merely reacting to them. Proactive financial management involves a comprehensive approach, encompassing everything from budgeting and cash flow forecasting to strategic planning and careful risk assessment. Unlike reactive management, which deals …

Read moreProactive Financial Management For Your Business
26 March 2024

Call for inclusivity in efforts to grow biodiversity economy

Location: News

Call for inclusivity in efforts to grow biodiversity economy

President Cyril Ramaphosa has emphasised that previously disadvantaged individuals and communities must be at the centre of efforts to fully harness the benefits of the biodiversity economy.

“We must put rural communities at the centre of every decision making process, and ensure we are empowering and equipping them for the new opportunities in the biodiversity sector,” President Ramaphosa said on Tuesday in Boksburg.

Addressing the Inaugural Biodiversity Economy and Investment Indaba, the President called on industry, finance institutions, philanthropies, civil society and traditional leaders, healers and practitioners to collectively embrace government’s vision for a transformed biodiversity economy.

“For us to fully harness the benefits of the biodiversity economy, we have to understand its scope and breadth. Work is underway to develop Natural Capital Accounting for the biodiversity sector.

“This is being done through a partnership between the Department of Forestry, Fisheries and the Environment, Statistics South Africa and the South African National Biodiversity Institute. This initiative will ensure that the contribution of the biodiversity sector, including its entire value chain, is formally recognised.”

He said today, sustainable use of biodiversity is a pillar of rural economies across South Africa, supporting hundreds of thousands of jobs.

Beneficiation

“Sustainable biodiversity use also contributes to urban economies. For example, traditional medicine markets exist in nearly every major urban centre in South Africa.

“The trade in indigenous medicine plants is a multi-million-rand industry that supports jobs and livelihoods across the value chain. As a country, we have been firm that communities must benefit in a tangible manner when plant and animal species are harvested for commercial gain,” the President said.

He mentioned that Rooibos as a product is popular not just in South Africa but around the world.

“Four years ago, the first industry-wide benefits sharing agreement was launched between the South African Rooibos Industry and the Khoi and San Councils.

“This agreement has to date distributed a total amount of R28 million to the two councils in recognition of the communities’ indigenous knowledge of the Rooibos species.”

There must be tangible beneficiation in communities when indigenous plant species are harvested for commercial benefit, whether it is for medicine, cosmetics or other purposes.

“Sustainable mass cultivation of indigenous plant species must support the creation of businesses, factories and value chains that allow for end products to be exported to the rest of the continent and abroad.

“This mass cultivation can also assist land restoration and rehabilitation, as well as carbon sequestration, which is important in the context of climate change. To ensure a more holistic approach to access and benefit sharing, we are developing nurseries for the production of   indigenous species, so these can be cultivated for medicinal and cosmetic purposes,” Ramaphosa said.

There are already a number of commercially successful game meat production facilities in several parts of the country.

“For many decades, fishing was the preserve of commercial enterprises only. This is something we are working hard to change. In January this year, we allocated 15-year fishing rights to the small-scale fishing sector in the four coastal provinces. We must build on this,” said the President.

Job creation

“Job creation must be at the centre of our efforts. As with our mineral resources, we cannot simply be mere exporters of raw materials so that jobs and industries can be created elsewhere. Jobs and opportunities must remain here, in South Africa, in our communities. This is what the revised Biodiversity Economy Strategy aims to address,” the President said.

He said when it comes to animal species, beneficiation must result in the establishment of community-run businesses, be they lodges or game meat butcheries and production facilities.

“We have a Game Meat Strategy that is focused on scaling economic enterprises for communities and previously disadvantaged individuals and providing land use patterns that are compatible with conservation.

“It aims to synergise our economic and conservation objectives by emphasising that a successful biodiversity economy must be linked to the restoration of ecosystems. It broadens the existing terrestrial goals and adds marine, coastal, estuarine and freshwater opportunities,” the President said.

Transformation

This strategy places the transformation of the biodiversity sector at the centre of efforts to fully harness the benefits of the biodiversity economy.

“Rural communities, disadvantaged individuals and traditional leaders must be part of devising new approaches to investment in community-owned land for biodiversity-based enterprises.

“The work to conserve and restore our biodiversity takes place as the world is experiencing the increasingly destructive effects of climate change. African countries are among the most vulnerable to the effects of a rapidly changing climate. They have to adapt and build resilience within the context of historically low levels of development and severely limited capacity,” the President said.

The Climate Change Bill, which is currently before the National Council of Provinces, seeks to enable a just transition towards a low-carbon, climate-resilient society.

“This just transition must contribute toward the creation of decent work for all, social inclusion and the eradication of poverty. A just transition puts people at the centre of decision making, especially those most affected by the transition, by empowering and equipping them for new opportunities of the future,” the President said. – SAnews.gov.za

 

nosihle
Tue, 03/26/2024 - 13:08

329 views
Read moreCall for inclusivity in efforts to grow biodiversity economy
26 March 2024

Step up your streaming experience: Watch these 5 releases on the best Smart TV

Location: MyPR

This Easter break, enhance your television viewing experience with breathtaking 4K visuals, vibrant colours, and immersive sound. After a tiring day at work, there is nothing quite like settling in with your favourite snacks and hitting play. For true relaxation, immersing yourself in a new season of your beloved series or a highly recommended movie …

Read moreStep up your streaming experience: Watch these 5 releases on the best Smart TV
26 March 2024

Minister conducts site inspection at Lighthouse Precinct project

Location: News

Minister conducts site inspection at Lighthouse Precinct project

Tourism Minister Patricia de Lille visited the Lighthouse Precinct project in the Cape Agulhas National Park on Tuesday to inspect progress on site and to impress on all stakeholders the importance of working together to grow the country’s tourism offerings. 

The project is one of many being implemented by the Department of Tourism across the country as part of the Tourism Sector Master Plan’s objectives to stimulate demand by investing in new and maintaining existing tourism infrastructure and attractions.

The Lighthouse Precinct Project in the Agulhas National Park in the Western Cape is a R54.9 million investment by the department into the area to ensure that the site remains attractive to visitors and supports tourism development in the surrounding communities.

The project is being implemented together with the SANParks and overall progress on site is now at 73% and it is anticipated that it will be completed in June this year.

The park is located in the Southern Overberg region of the Western Cape and stretches along the coastal plain between the towns of Gansbaai and Struisbaai and includes the southern-most tip of Africa.

“Investment in infrastructure by government shows the private sector that we are serious about growing our tourism offering and by government investing, we are creating the conditions conducive for further investment by the private sector.

“As a top tourist destination, we remain committed to constantly diversifying and growing our tourism offering so that we remain an attractive destination that keeps visitors coming back,” de Lille said after the visit, along with the Mayor of the Cape Agulhas Municipality, Paul Swart, the Deputy Mayor of the Overberg District Municipality, Helen Coetzee and other councilors from the region.

The project was funded in two phases. Phase 1 was completed in 2018. Phase 2 is currently under construction and includes:

• Construction of a restaurant

• Interpretation centre (including vendor stalls, ablution facilities, curio shops, booking office and lecture theatre)

• Construction of reception area/offices

• External works and bulk infrastructure

The project also has a significant socio-economic benefits as so far the project has employed 77 people including 48 youth, 50 women and two persons with disabilities during construction.

Eight sub-contractors from surrounding communities were also employed on the project to do work such as brick and steel work, stone cladding, laying of kerbs and channels.

De Lille said all stakeholders were pleased with the progress of the project and have agreed that they must continue working as partners, the department, SANParks, the Cape Agulhas and the Overberg District Municipalities to ensure that the project continues to benefit the area for many years to come.

“We must work together to ensure its continued success and to ensure that the attraction is properly maintained and looked after so that it can bring economic benefits to tourism and the surrounding communities,” de Lille said. – SAnews.gov.za

 

Edwin
Tue, 03/26/2024 - 14:06

263 views
Read moreMinister conducts site inspection at Lighthouse Precinct project
26 March 2024

Moving house? Don’t forget to move your insurance

Location: MyPR

According to Just Property, 295,989 residential properties changed hands in South Africa during 2023. If you include the old owners moving out and the new owners moving in, that’s 591,978 households that were potentially uninsured for at least a portion of their move. King Price Insurance’s partner of client experience Wynand van Vuuren says that …

Read moreMoving house? Don’t forget to move your insurance
26 March 2024

Higher Education deregisters four private institutions

Location: News

Higher Education deregisters four private institutions

The Department of Higher Education and Training has cancelled the registration of four Educor institutions after failing to submit proof of their financial viability to the department.

Higher Education, Science and Innovation Minister, Dr Blade Nzimande, announced the deregistration of City Varsity (Pty) Ltd, Damelin (Pty) Ltd, Icesa City Campus (Pty) Ltd and Lyceum College (Pty) Ltd during a media briefing held in Pretoria on Tuesday.

Nzimande said the four private institutions failed to comply with the requirements of the 2016 Regulations for the Registration of Private Higher Education Institutions and the applicable sections of the Higher Education Act.

The new regulations outline the application process, requirements for registration, responsibility of an institution and the appeals procedure that must be followed by individuals or entities that wish to register a private higher education institution.

Further to this, the Higher Education Quality Committee (HEQC) of the Council on Higher Education (CHE) is responsible for the accreditation of higher education programmes.

Nzimande said the Educor institutions failed to submit their annual financial statements and tax clearance certificates for the 2021 and 2022 years as proof of their financial viability. 

According to the Minister, the four institutions were required to lodge an appeal with him on or before 26 September 2023.

“They then requested an extension to 28 February 2024, and are now seeking a further extension. In addition to failing to submit evidence of their financial viability to the department, the four Educor brands can be deemed as dysfunctional and this is mainly measured against the daily complaints and grievances received from students, most of which remain unresolved,” Nzimande said.

The complaints include poor quality of teaching and learning; lack of proper administrative support; poorly qualified staff; corruption and bribery; lack of response for requests for refunds and lack of professionalism.

The students also complained about exploitation of poor students; non-payment of staff salaries; and under-payment of staff salaries.  

“These complaints extend to the other brands such as INTEC College (Pty) Ltd and Damelin Correspondence College (Pty) Ltd, which fall under the jurisdiction of the Quality Council of Trades and Occupations (QCTO). The QCTO has not been able to restore stability within these two institutions and students continue to be exploited.

“These complaints also extend to the offering of the Sector Education and Training Authorities (SETA) accredited programmes. The SETAs have not been able to restore stability with the Educor institutions and students continue to be exploited,” Nzimande said.

He said the Higher Education Quality Committee has withdrawn the accreditation of some programmes for City Varsity (Pty) Ltd, Damelin (Pty) Ltd and Lyceum College (Pty) Ltd.

The Minister also accused the institutions of misrepresenting student enrolment, by submitting incorrect information, which claimed to have 50 000 learners in the system.

The 2022 annual reports indicated a total of 13 096 students enrolled; City Varsity with 540, Damelin with 4 012, Icesa with 145, and Lyceum with 8 399 enrolled students.

Nzimande announced that some of the institutions’ sites have closed suddenly after failing to pay the rent, staff salaries and/or the municipality. 

These institutions include City Varsity (Pty) Ltd at Braamfontein, which closed because staff withdrew their services for non-payment of salaries and students were left stranded; and Damelin (Pty) Ltd sites at Braamfontein, Port Elizabeth, Cape Town, East London, which were closed suddenly as they were in arrears with the municipality and rental, leaving students stranded.

The only site of Lyceum College (Pty) Ltd was closed due to an eviction order by the landlord for failure to pay the rent. 

“On 08 January 2024, our Directorate: Registration of Private Colleges wrote to these four Educor institutions and requested them to respond to a list of allegations of corruption against them. To date, they have not responded,” Nzimande said.

As a way forward, Nzimande said Educor will be given a period in which to phase out pipeline students and Educor would have to reimburse students where it is due.

“The latest numbers of enrolled students as per the 2022 annual report is 13 096, not 50 000, as Educor claims; one challenge for students is the transfer of credits considering the RPL [Recognition of Prior Learning] and Credit Accumulation Transfer policy; and another challenge could be students repeating some modules or paying extra fees,” Nzimande said. – SAnews.gov.za

 

 

GabiK
Tue, 03/26/2024 - 14:53

3 views
Read moreHigher Education deregisters four private institutions
26 March 2024

Accelerating Growth with Visionary CFO Strategies

Location: MyPR

Traditionally, the Chief Financial Officer or CFO was seen primarily as guardians of the company’s finances, focusing on cost control, budgeting, and financial reporting. However, in today’s fast, digital business environment, the role of the CFO has expanded significantly, and they are expected to contribute to organisational growth, beyond just managing the financials. It involves …

Read moreAccelerating Growth with Visionary CFO Strategies
26 March 2024

Former Steinhoff director appears in court for fraud, racketeering

Location: News

Former Steinhoff director appears in court for fraud, racketeering

Former Steinhoff director Stephanus Grobler has appeared in court on charges of racketeering, three counts of fraud worth R21 billion, manipulation of financial statements and failure to report fraudulent activities.

Grobler appeared in the Pretoria Specialised Commercial Crimes Court on Monday where he was granted bail of R150 000.

National Prosecuting Authority (NPA) spokesperson Lumka Mahanjana explained that Grobler and then Steinhoff Chief Executive Officer, Markus Jooste – who has since been reported dead – allegedly committed acts of racketeering between 2014 and 2016 within the company.

“During that period, it is alleged that Jooste played a major role in the management of the criminal enterprise. Furthermore, it is alleged that Grobler created documentation of transactions that supported the fraudulent transactions used to inflate and falsify the annual financial statement of the Steinhoff Group.

“In court, using an affidavit, Grobler told the court that he intended to plead not guilty to the charges, and would prove his innocence. He further asked the court to release him on bail,” Mahanjana said.

According to the spokesperson, the prosecution opposed the bail application on account of the seriousness of the crime and indicated that Grobler is a flight risk.

“In delivering the judgement, Magistrate Nicca Setshogoe granted him bail with conditions that he should report to Brooklyn police station twice a week, Monday and Friday. He should hand over his two passports to the investigating officer and is not allowed to apply for a new one.

“He should hand over his two firearms to the police. He is not allowed to leave Gauteng province without informing the investigation officer. [He] must not interfere with state witnesses,” Mahanjana said.

The matter is expected back in the court on 26 June 2024. – SAnews.gov.za

NeoB
Tue, 03/26/2024 - 09:28

392 views
Read moreFormer Steinhoff director appears in court for fraud, racketeering
26 March 2024

Gelant targets maiden Sub-28, while Kenya’s Maxon Kipngetich prepares for Absa RYC GQEBERHA 10K debut

Location: MyPR

Veteran South African distance runner Elroy Gelant has set his sights on running a maiden sub-28-minute clocking at the Absa RUN YOUR CITY GQEBERHA 10K on Sunday 7 April 2024. “My goal for the Absa RUN YOUR CITY GQEBERHA 10K will be to run a sub-28. I’m looking forward to it. All of my training …

Read moreGelant targets maiden Sub-28, while Kenya’s Maxon Kipngetich prepares for Absa RYC GQEBERHA 10K debut
26 March 2024

Egypt and the Big 5 Dominate Hotel Development in Africa

Location: Business
Africa Hospitality Investment Forum (AHIF)

When it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa's major wildlife attractions, (lion, leopard, rhinoceros, elephant and buffalo) but to the global hotel chains – Accor, Hilton, IHG, Marriott International and Radisson Hotel Group. This year's African Hotel Chain Development Pipeline report, widely acknowledged as the industry's most authoritative source, documenting and analysing the number of hotels being planned and built across the continent, reports a market share of 28% for Egypt and 71% for the Big 5 global chains.

The survey, conducted by Lagos-based W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF), is based on responses from 47 global and regional (African) hotel chains, reporting on a pipeline of hotel development activity totalling around 92,000 rooms in 524 hotels, in 41 of Africa's 54 countries.

Significant trends to emerge in the past year include strong growth, over 9%, in both North and sub-Saharan Africa, an increase in very large hotels (the average size of the largest 10 hotels is 770 rooms, up from 723 rooms in 2023) and a rapid growth in resorts, up by 32% on 2023. In this respect, Zanzibar has performed particularly strongly. There, the pipeline has grown from seven resorts with 983 rooms in 2023 to 14 resorts and 2,048 rooms in 2024, a sure sign of confidence in these beautiful Indian Ocean islands.

The extent to which Egypt dominates the African hotel development pipeline each year, with almost 26,250 rooms in 109 hotels, is quite remarkable. The country's pipeline, up by 19 hotels and about 5,200 rooms in 2023, is larger than the next four countries put together. It has well over three times the number of rooms as second-placed Nigeria, which has 7,622 rooms in 50 hotels. Third-placed Morocco has 7,169 rooms in 52 hotels and Ethiopia, in fourth place, has 5,128 rooms spread across 31 properties.

There has been an extremely strong increase in the number of resort projects in the pipeline, growing from 24% of the total in 2023 to 30% in 2024.  In addition, around half of the rooms in hotels and resorts that opened last year were in resorts. Both Boa Vista (Cape Verde) and Sharm El Sheikh (Egypt) score highly because of the very large average size of the resorts there. The largest hotel in the entire pipeline is a Rixos resort being planned in Sharm El Sheikh, with over 1,800 rooms.

The Big 5 global chains – Marriott International, Hilton, Accor, Radisson Hotel Group and IHG Hotels & Resorts – account for 66% of hotels and 71% of rooms in the entire African pipeline.

Marriott International, the world's largest hotel chain, remains in the lead for the third consecutive year, in a seemingly unassailable position as number one, with almost twice the number of pipeline hotels and rooms as second placed Hilton, and it has the largest number of rooms added in the year.

Looking back at previous years, there used to be a neck and neck race between Accor and Marriott International but, for the second year running, Accor's pipeline has actually decreased, from a high of about 20,250 rooms in 2022 to 13,375 rooms today. Executives say that they are focused on having a “clean and achievable pipeline, rather than numbers for numbers sake”.

Accor's quote highlights a key issue in tracking hotel development in Africa, which is differentiating between hotel projects that are proposed from those that are under construction and from those that have been completed. Typically, the length of time between signing and opening is between four and five years. However, the report identifies 35 projects in the pipeline that are 10 or more years old, including one hotel that was signed 16 years ago.

When it comes to hotels under construction, Marriott International leads the way, with 138 hotels (15,011 rooms) currently being built. It is followed by Hilton (72 hotels, 5,955 rooms), Radisson Hotel Group (35 hotels, 5,748 rooms) and Accor (70 hotels, 3,346 rooms). TUI Hotels & Resorts has charged into the rankings in fifth place with 12 hotels (2,208 rooms) under construction.

As well as looking at deals, which may or may not materialise, W Hospitality Group also looked at who was opening hotels in Africa in 2023, and where. Of the total 29 chain hotels and resorts that opened in Africa in 2023, the split was 10 in North Africa and 19 in sub-Saharan Africa.  Of those 19 openings, 11 were in East Africa, including six new hotels and resorts in Tanzania, which had the most openings of any African country. It is clear evidence of the attractiveness of both the mainland and Zanzibar to investors and operators.

Accor came out top of the list for openings last year, and it also tops the number of hotels and rooms opened over the past five years (2019-2023), with 34 hotels opening, comprising around 5,500 rooms. 

In terms of “actualisation”, 2023 was an exceptionally slow year. However, that is likely to be offset by a strong 2024, during which the top 10 chains expect to open 139 hotels with 19,122 rooms.

Trevor Ward, Managing Director, W Hospitality Group, said: "Our report contains very positive data, with the pipeline expanding by more than 9 per cent in 2023.  This is the largest increase since 2018 and, according to data produced by CoStar/STR, is one of the highest increases globally, surpassed only by the Americas. We look not just at signed deals and their status, but also at the historical actualisation of these deals. This year, we've placed greater emphasis than we have in the past on the actualisation, because if the deals don't become operating businesses, generating profits for the owners and paying fees to the hotel chains, no one's objectives are being met, are they?"

“We're looking forward to some 139 hotels and resorts opening in Africa in 2024, with expectations of a far greater actualisation rate than in recent years, as Africa strives to achieve its fair share of the global hotel industry”.

When one considers existing hotels, as well as hotels in the development pipeline, the continent's current king of the jungle is Accor, with 165 hotels, containing 29,041 rooms, open and trading. Marriott International is in second place, 25,451 rooms in 143 hotels, Hilton is third, 12,525 rooms in 47 hotels and Radisson Hotel Group is close behind with 12,179 rooms in 61 properties. However, if Marriott International delivers all the rooms in its pipeline, it is on course to overtake Accor and become pack leader, with 51,816 rooms in operation.

Matthew Weihs, Managing Director of The Bench, which organises the Africa Hospitality Investment Forum (AHIF), concluded: “The report reveals some very positive trends, including strong growth in new hotel projects, the emergence of high-quality white label hotel operators and governments successfully attracting investment into their tourism industries. All this bodes well for deal-making discussions at AHIF.”

An update to the pipeline development survey, along with in-depth insights, will be presented by Trevor Ward at AHIF, which takes place at the Mövenpick Hotel, Windhoek, Namibia, from 25th – 27th June 2024.

The event is the most influential gathering of hospitality executives in Africa, connecting business leaders and fuelling investment in tourism projects, infrastructure, and hotel development across the continent.

Distributed by APO Group on behalf of Africa Hospitality Investment Forum (AHIF).

Media contact:
For further information and high-resolution images, please contact:
David Tarsh
+44 (0) 20 7602 5262 / +44 (0) 7770 816 070
Email: David@Tarsh.com

About W Hospitality Group:
The W Hospitality Group, a member of Hotel Partners Africa, specialises in the provision of advisory services to the hotel, tourism and leisure industries, providing a full range of services to clients who have investments in the sector, or who are looking to enter them through development, acquisition or other means. In sub-Saharan Africa W Hospitality Group is regarded as the market leader due to the market and financial expertise of its staff, its worldwide knowledge, and its commitment to its clients.  In Africa, W Hospitality Group has to date worked in 40 countries on the continent, from its Lagos and Addis Ababa offices.

www.W-Hospitalitygroup.com

About the Africa Hospitality Investment Forum (AHIF): 
AHIF is the premier hotel investment conference in Africa, attracting many prominent international hotel owners, investors, financiers, management companies and their advisers. It is organised by The Bench (www.TheBench.com), which has a long track record of delivering multiple premium hotel investment conferences and forums across Europe, the Middle East, Africa, Asia and Latin America. The Bench's mission is enabling prosperity by facilitating growth, networking, and thought leadership in the hospitality industry worldwide.

www.TheBench.com

Sponsors of AHIF are Host Sponsor: Namibia Investment Promotion and Development Board (NIPDB); Host Partner: Kasada Capital Management; Platinum Sponsors: ClubMed, Radisson Hotel Group; Gold Sponsors: Accor, Aleph Hospitality, BWH Hotels, CHIC, CityBlue, hansgrohe, IHG Hotels and Resorts, Knight Frank, Kofisit, LEVA, Marriott International. Millennium Hotels and Resorts; Silver Sponsors: Gondwana Collection, HVS, STR, TIME Hotels, TV5Monde; Tuck Shop Sponsor: Profica; Bar Sponsor: Zia Travel Atelier; Exhibitor: MultiChoice Namibia; Networking Sponsor: Talinda; Official Carriers: Discover Airlines, FlyNamibia, South Africa Airways. 

Media files
Africa Hospitality Investment Forum (AHIF)
Download logo
Read moreEgypt and the Big 5 Dominate Hotel Development in Africa
25 March 2024

Labour inspectors to be trained in scientific methods

Location: News

Labour inspectors to be trained in scientific methods

The Department of Employment and Labour has officially unveiled an Occupational Health and Hygiene laboratory as part of exploring new ways of conducting inspections and equipping the inspectorate to adopt a scientific approach to their work. 

The laboratory, unveiled by the Chief Directorate: Occupational Health and Safety (OHS) on Monday, is the first of its kind for the department and is located on the ground floor of the department’s head office in Laboria House, Pretoria.

The department’s Chief Inspector, Milly Ruiters, said the laboratory is part of a drive by the Inspection and Enforcement Services (IES) branch to professionalise the work of the inspectorate and will be replicated in all provinces.

“The purpose of the laboratory is multifaceted, in that it will be used as a training facility in the field of occupational hygiene to prepare and provide technical support for OHS inspectors. 

“Furthermore, this laboratory will also be used to support practical exposure for inspectors who wish to prepare themselves for professional certification in the field of occupational hygiene,” Ruiters said.
 
The laboratory will also be used to support exposure monitoring by inspectors in high-profile inspections and investigations. 

The facility is equipped with equipment capable of monitoring several occupational stressors (factors in the workplace that cause stress to employees) including noise, hazardous chemical agents, illumination, indoor air quality, and airflow. 

Ruiters said the department has 700 OHS inspectors and the bulk of them are specialising in Occupational Health and Hygiene (OHH). 

“We previously had OHS inspectors focused mainly on engineering. We are branching into other areas of OHH. This is a milestone for us. 

“A lot of employers are not complying with OHH. With this facility, we will empower our inspectors to go and do spot checks and they will no longer be second-guessing,” she said.

Ruiters said the department views the laboratory launch as part of its capacity building and developing a cohort of specialists. 

“We want to proactively prevent injuries and diseases. We are preparing to prevent rather than investigate incidents.”
 
According to the World Health Organisation (WHO), work-related stress can be caused by poor work organisation; poor work design (lack of control over work processes); poor management; unsatisfactory working conditions, and lack of support from colleagues and supervisors.

The department’s IES branch Inspector General, Aggy Moiloa, said the unveiling of the laboratory is the start of "something big" that is coming and a legacy the branch wants to leave behind. 

“While this is a humble beginning, it is a giant step,” Moiloa said. 

Department of Employment and Labour Senior Specialist: OHH, Bulelwa Huna, said the launch of the “small” facility has been a long journey, which started in 2018 in partnership with the department’s stakeholders. 

Huna warned that occupational hazards are silent killers. 

“As a department, we will not accept the proposition that injury and death go with the job. When we talk about creating decent work, we cannot leave out OHH. 

“We want to support inspectors when making decisions. We want to develop technical data that supports reports. The facility will also make our inspectors comfortable using the instruments,” Huna said. 

The department has spent R956 000 to set up the facility, and the OHH Directorate will be responsible for the day-to-day running of the laboratory. 

The department emphasised that the lab is not replacing the work of existing authorities. The Compensation Fund, an entity of the department, is expected to be one of the beneficiaries of the work of the lab. – SAnews.gov.za
 

GabiK
Mon, 03/25/2024 - 14:37

502 views
Read moreLabour inspectors to be trained in scientific methods
25 March 2024

DPD: Trusted to deliver 8.4 million parcels per day, globally.

Location: MyPR

When it comes to parcel delivery, few names resonate on a global scale quite like DPD. The company’s reach, credibility, and the esteemed network it belongs to are nothing short of phenomenal. In this article, we delve into the vast expanse of DPD and its associated companies around the world, unveiling a picture of unmatched …

Read moreDPD: Trusted to deliver 8.4 million parcels per day, globally.
25 March 2024

Results from Rowing SA – RMB National Rowing Squad Makes a Splash at Memorial Paolo D Aloja Regatta in Italy

Location: MyPR

Piediluco, Italy – March 24, 2024 – The RMB National Rowing Squad showcased their prowess on the international stage at the Memorial Paolo D Aloja Regatta in Piediluco, Italy, marking an impressive start to the season and setting a promising tone for the upcoming challenges. With eyes set on the Final Olympic Qualification Regatta in …

Read moreResults from Rowing SA – RMB National Rowing Squad Makes a Splash at Memorial Paolo D Aloja Regatta in Italy
25 March 2024

President Ramaphosa to address 12th Proudly SA localisation dinner

Location: News

President Ramaphosa to address 12th Proudly SA localisation dinner

President Cyril Ramaphosa will on Tuesday deliver a keynote address at the Localisation Dinner at the conclusion of the 12th Annual Buy Local Summit at the Sandton Convention Centre in Gauteng.

Hosted by Proudly South African, the Buy Local Summit serves as a platform for a diverse array of locally made products, ranging from small to medium-sized businesses, aspiring entrepreneurs, and government entities to larger corporations to engage with consumers and buyers.

The event emphasises the role of public procurement in driving economic growth by promoting local content, and encourages corporate South Africa to prioritise locally manufactured goods and services.

Building on the success of the inaugural Localisation Dinner held in March 2023, Proudly South African continues to champion the localisation agenda.

This year's dinner will honour companies that have demonstrated commitment to increasing local procurement within their supply chains, aligning with the President's call to bolster local industries.

The Localisation Dinner will also serve as an occasion to generate new pledges and commitments from the private sector and business leaders in attendance. – SAnews.gov.za

 

Edwin
Mon, 03/25/2024 - 10:16

112 views
Read morePresident Ramaphosa to address 12th Proudly SA localisation dinner
  • Previous
  • Page 1
  • Interim pages omitted …
  • Page 150
  • Page 151
  • Page 152
  • Page 153
  • Page 154
  • Interim pages omitted …
  • Page 212
  • Next

Copyright © 2026 · MyZA · All Rights Reserved · Powered by Stratlec Online