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28 February 2025

2025 Basketball Africa League Season to Feature Record Six New Teams

Location: Sport
Basketball Africa League (BAL)

  • – 12 BAL Teams Include First-Ever Participants from Cape Verde and Kenya, Previous Champions from Angola and Tunisia – 
  • – BAL's Milestone Fifth Season Tips Off on April 5 in Rabat with First-Ever BAL Games in Morocco; Tickets on Sale Now via Guichet – 

The Basketball Africa League (BAL) (www.BAL.NBA.com) today announced the 12 teams and game schedule (https://apo-opa.co/43iFBgS) for the opening leg of the league's milestone fifth season, which will tip off with the Kalahari Conference group phase from Saturday, April 5 – Sunday April 13 at the Prince Moulay Abdellah Sports Complex in Rabat, Morocco.   

The 2025 BAL season, which will feature three regular-season group phases and culminate with the playoffs and finals at the SunBet Arena in Pretoria, South Africa in June, will feature a record six first-time BAL participants, including the first BAL teams from Cape Verde (Kriol Star Basketball) and Kenya (Nairobi City Thunder), as well as defending champion Petro de Luanda (Angola) and 2022 champion US Monastir (Tunisia).  Petro de Luanda and US Monastir are the only teams to have qualified for all five BAL seasons.  Below is the complete list of participating teams by conference. 

1. Kalahari Conference

  • Al Ittihad (Egypt)* 
  • Fath Union Sport (FUS; Morocco) 
  • Stade Malien (Mali) 
  • Rivers Hoopers (Nigeria) 

2. Sahara Conference

  • ASC Ville de Dakar (Senegal)* 
  • Kriol Star Basketball (Cape Verde)* 
  • Petro de Luanda (Angola) 
  • US Monastir (Tunisia) 

3. Nile Conference

  • Al Ahli Tripoli (Libya)* 
  • Armée Patriotique Rwandaise Basketball (APR; Rwanda) 
  • Made by Basketball (MBB; South Africa)* 
  • Nairobi City Thunder (Kenya)* 

Each conference will play a 12-game group phase during which each team will face the other three teams in its conference twice.  During group phase play, the home team in each country will play on every gameday.  

In the season opener, Stade Malien (Mali) will face Rivers Hoopers (Nigeria) at 4:00 p.m. GMT+1.  In the second game, home team Fath Union Sport (FUS; Morocco) will take on Al Ittihad (Egypt) at 7:00 p.m. GMT+1.  Single-game tickets for the games in Rabat are available online at Guichet.ma (https://apo-opa.co/4bkwuyc) and the following physical locations: Megarama Cinema in Casablanca (https://apo-opa.co/3DeI6Gv), Megarama Cinema in Fes (https://apo-opa.co/4h0Ix54) and the National Theatre in Rabat (https://apo-opa.co/3Xpawoa).  Fans who purchase tickets will also have free access to the BAL Fan Zone at the arena.   

Tickets for the games in Dakar, Senegal are also on sale now at www.BAL.NBA.com and BAL-TeewTickets.com. 

Eight teams from across the three conferences will travel to Pretoria for four seeding games followed by an eight-game, single-elimination playoffs and finals from Friday, June 6 – Saturday, June 14.   

Additional information about the 2025 BAL season will be announced in the coming weeks. 


*First-time BAL participant 

Distributed by APO Group on behalf of Basketball Africa League (BAL).

BAL Season 5 Hype Video: https://apo-opa.co/3XnHJjD

Contact: 
Edwin Eselem
Basketball Africa League
+221 78 615 42 87
EEselem@theBAL.com 

Fans can follow the BAL (@theBAL) on:
Facebook: https://apo-opa.co/4ijfSsO
Instagram: https://apo-opa.co/3DoEnGe
Threads: https://apo-opa.co/41i0eY6
X: https://apo-opa.co/4kgmZnR
YouTube: https://apo-opa.co/3QzPMGq
Register their interest in receiving more information at www.BAL.NBA.com. 

About the BAL:
The Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that will tip off its fifth season in April 2025.  Headquartered in Dakar, Senegal, the BAL builds on the foundation of club competitions FIBA Africa has organized across the continent and marks the NBA's first collaboration to operate a league outside North America.  

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Basketball Africa League (BAL)
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Read more2025 Basketball Africa League Season to Feature Record Six New Teams
28 February 2025

KZN flood victims moved to temporary accommodation

Location: News

KZN flood victims moved to temporary accommodation

Victims of the recent Durban floods have been moved to temporary emergency accommodation, the Ministry of Human Settlements said on Friday.

This as the province of KwaZulu-Natal has been experiencing inclement weather.

A joint operation by the three spheres of government, namely the national and provincial Departments of Human Settlements, and eThekwini Municipality saw 47 households being moved to a temporary emergency accommodation on Thursday.

In its statement, the department said residents were moved from a mass care centre.

Earlier in the week, Human Settlements Minister Thembi Simelane deployed a team of officials with a clear mandate for an urgent temporary solution to be sought to assist the affected households. 

READ | Call for urgency in assisting KZN flood victims

Meanwhile, the Minister has noted the scale of the disaster and commended NGOs such as the Red Cross for partnering with the government to assist those in need. 

In the new week, (04-05 March 2025), Minister Simelane will evaluate the responses and interventions made thus far to alleviate the situation of the victims of the disaster. 

She will be joined by KZN MEC for Human Settlements, Siboniso Duma and Mayor of eThekwini Municipality, Cyril Xaba, in visiting the impacted areas. -SAnews.gov.za 
 

Edwin
Fri, 02/28/2025 - 12:16
81 views

Read moreKZN flood victims moved to temporary accommodation
28 February 2025

May the best furniture win

Location: News

May the best furniture win

Innovation in the development of new, competitive furniture products will come to the fore at the Department of Trade, Industry and Competition’s (dtic) Furniture Design Competition Awards ceremony this afternoon.

Friday’s award ceremony will take place at the Kyalami Grand Prix and International Expo Centre in Sandton, Gauteng.

“The competition has been established to create an opportunity to promote innovation in the development of new, competitive furniture products and to contribute towards skills development initiatives. Participants include students from local academic institutions who are studying towards related fields and other emerging furniture designers,” the department said ahead of the ceremony.

The Acting Deputy Director-General at the dtic, Dr Tebogo Makube, said the annual competition complements the development of design courses and design workshops.

“The Furniture Industry Masterplan adopted in 2021 identifies the shortage of high-level skills in the furniture industry such as design and skilled artisans in furniture manufacturing as a major concern. This limits South African furniture manufacturers’ capacity to supply world-class products in line with both domestic and global market demand, and thus negatively affects the industry’s competitiveness,” Makube said.

He added that design can also be used as a creative instrument that will link industry players’ creativity and innovative products.  

“It is thus possible to position the local industry as the producer of high-value niche furniture products that are globally competitive based on quality and/or differentiated designs. This requires a concerted effort on the part of the public and private sectors to develop programs that address the challenges that constrain the industry from achieving potential growth levels and significantly raise the levels of competitiveness,” he explained.

The competition is a partnership between the dtic, the South African Furniture Initiative (SAFI), Industrial Development Corporation, Proudly South African, Furntech, and other industry players such as Mecad Solidworks, PG Bison, Lewis Group, Zaptly,  and Rubio Monocoat, will also sponsor competition prizes. -SAnews.gov.za

 

Edwin
Fri, 02/28/2025 - 09:59
66 views

Read moreMay the best furniture win
28 February 2025

Call to implement G20 roadmap for multilateral development banks

Location: News

Call to implement G20 roadmap for multilateral development banks

The Group of Twenty (G20) has urged Multilateral Development Banks (MDBs) to enhance their collaboration and efficiency while working with relevant stakeholders to implement the G20 Roadmap for Bigger, Better and More Effective MDBs.

This initiative builds on the legacies of previous G20 Presidencies and aims to strengthen MDBs ability to support global development efforts. 

The roadmap is designed to assist countries to meet the United Nations (UN) Sustainable Development Goals (SDGs), as well as to address global and regional challenges with a renewed sense of urgency and determination.

This call comes as the global community is struggling to meet the goals of the Paris Agreement and advance SDGs, which are a universal call to action to end poverty, protect the planet and ensure that by 2030, all people enjoy peace and prosperity.

According to the G20 Chair’s Summary of the first Finance Ministers and Central Bank Governors' Meeting that took place in Cape Town from 26 February -27 February 2025, the meeting discussed the work plan of the International Financial Architecture Working Group (IFAWG) and its focus on four priority areas.

These include strengthening MDBs and ensuring financing for development; enhancing debt sustainability and addressing liquidity challenges; strengthening the Global Financial Safety Net (GFSN) and reforming global governance institutions; and enhancing financial resilience by strengthening capital flows to emerging market and developing economies (EMDEs).

The meeting recalled that the IFAWG was tasked to work with the MDBs to develop a monitoring and reporting framework, with clear indicators, for periodic updates on MDBs’ progress against the Roadmap’s recommendations.

“[The meeting] encouraged MDBs to work with developing countries in enhancing domestic resource mobilisation and increasing private capital investment by supporting enabling conditions, addressing potential obstacles to private investment, and scaling up both innovative risk-sharing instruments and country platforms.

“[The gathering] recognised that the Roadmap encourages MDBs to take steps towards the implementation of all appropriate outstanding Capital Adequacy Framework (CAF) recommendations, safeguarding their long-term financial sustainability, robust credit ratings and preferred creditor status. 

“[It also] recalled that the board of each MDB will be best placed to determine if and when a capital increase is needed in addition to CAF measures to support efforts in addressing global challenges and meeting development needs,” the statement said.

The G20 said that it looked forward to progress with the International Bank for Reconstruction and Development 2025 Shareholding Review in line with the Lima Shareholding principles and recognised the need for enhancing the representation and voice of developing countries in decision-making in MDBs and other international economic and financial institutions.

Transparency and sustainable capital flows

In addition, the meeting looked forward to improvements in the implementation of the Common Framework for Debt Treatments, in a predictable, timely, orderly, and coordinated manner, informed by the recommendations from the G20 Note on the Lessons Learned. 

It welcomed joint efforts by all stakeholders to continue working towards enhancing debt transparency.

“[The meeting] encouraged the International Monetary Fund (IMF) and World Bank to continue their work related to feasible options which are country-specific and on a voluntary basis to help vulnerable countries with near-term liquidity challenges whose debt is sustainable.

“[It also] reiterated the commitment to a strong, quota-based, and adequately resourced IMF at the centre of the GFSN. 

“[The meeting ] acknowledged the urgency and importance of realignment in quota shares to better reflect members’ relative positions in the world economy while protecting the quota shares of the poorest members; and the IMF Executive Board’s ongoing work to develop by June 2025 possible approaches as a guide for further quota realignment, including through a new quota formula, under the 17th General Review of Quota,” the statement said.

Furthermore, the G20 encouraged IMF members with strong external positions, especially those who have not already contributed, to make additional voluntary contributions to the Poverty Reduction and Growth Trust and the Resilience and Sustainability Trust.

It continued to invite countries that were willing to voluntarily explore channeling Special Drawing Rights, including through MDBs, where legally possible, whilst respecting their reserve asset status.

“[The meeting] reiterated efforts to promote sustainable capital flows to EMDEs and foster sound policy frameworks, notably through central bank independence. [They also] recognised the growing importance of non-bank financial institutions (NBFIs) and planned to deepen the understanding of their role in shaping EMDE investment flows,” the statement said. -SAnews.gov.za
 

nosihle
Thu, 02/27/2025 - 18:57
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Read moreCall to implement G20 roadmap for multilateral development banks
27 February 2025

More than 716 900 SASSA beneficiaries transition to Black Cards

Location: News

More than 716 900 SASSA beneficiaries transition to Black Cards

Over 716 900 South African Social Security Agency (SASSA) beneficiaries have transitioned to the Postbank Black Cards from the previous SASSA Gold Cards, Cabinet said on Thursday.

Minister in the Presidency Khumbudzo Ntshavheni said card distribution sites have been increased around the country to ensure that beneficiaries are assisted before the 20 March 2025 deadline. 

“More than 716 900 beneficiaries have transitioned to the Postbank black cards and card distribution sites have been increased around the country to mitigate the queues so that every beneficiary receives the new card near where they live. 

“Postbank has also increased the number of tellers in the card replacement sites from 2 tellers to up to 5 tellers depending on the business of the site,” the Minister said at a post-Cabinet briefing in Cape Town.

Cabinet also encouraged beneficiaries to visit their nearest Checkers, Shoprite, Pick ‘n Pay, Usave, or Boxer stores to collect their new Postbank Black Card. 

READ | Grant beneficiaries urged to replace expiring SASSA Gold Cards

Steps to take

A valid South African identity document (ID) or temporary ID is required. Mobile offices will also be available in rural areas to assist beneficiaries. 

Additionally, Postbank has partnered with the Spar Group, which will designate 200 of its stores as service sites across the country.

“Cabinet reminds beneficiaries that the old SASSA Gold Card will stop working on 20 March 2025 and beneficiaries who have not exchanged their cards by then will need to visit their nearest Post Office branch to access their funds,” the Minister said.

SASSA had previously said that Postbank has also made it easy for beneficiaries to locate the nearest place in every province where they can collect their Postbank Black Cards. 

All they need to do from the comfort of their homes is to use their cellphone and: 
•    Dial: *120*218*3#
•    To continue, reply by pressing number: 1; and
•    reply with the number representing the province they live in.

To get the new Postbank Black Cards, beneficiaries are required to have a valid South African ID, or a temporary ID. Beneficiaries are urged to be aware that no card will be issued without these documents. 

Ensuring that minimum documentation is required to get the new Postbank Black Cards is in line with SASSA and Postbank's ongoing commitment to continuously improve the customer experience of all social grant beneficiaries.

The Postbank Black Cards will be issued free of charge. For further enquiries, beneficiaries can contact Postbank on 0800 53 54 55 or SASSA on 0800 60 10 11. 

Government previously moved the initial deadline from 28 February deadline to 20 March 2025. – SAnews.gov.za

 

DikelediM
Thu, 02/27/2025 - 13:14
838 views

Read moreMore than 716 900 SASSA beneficiaries transition to Black Cards
27 February 2025

Call to intensify efforts to improve early childhood learning 

Location: News

Call to intensify efforts to improve early childhood learning 

President Cyril Ramaphosa has called on educators to intensify efforts to improve early childhood learning, emphasising the urgent need to strengthen foundational skills in reading and mathematics.

The President was addressing the 2025 Basic Education Sector Lekgotla, at OR Tambo Conference Centre, in Ekurhuleni on Thursday. 

He highlighted concerning literacy and numeracy statistics, warning that failure to address these gaps could have long-term consequences for learners.

Citing the 2021 Progress in International Reading Literacy Study (PIRLS), he noted that more than 80% of Grade 4 learners in South Africa cannot read for meaning in any language, including their home language. 

Additionally, the country ranked low in a recently published study on Trends in International Mathematics and Science Study (TIMSS), which surveys capabilities in Grades 4 and 8.  

“Not having mastered basic skills in reading and maths at foundation level sets the tone for how a learner will perform in high school and beyond. That is why Early Childhood Development [ECD] education has become the key foundation and bedrock.

“So, correcting these shortcomings is the most urgent of tasks. It must be front and centre of our efforts in basic education,” he explained.

In the same breath, the President lauded the achievements of the Class of 2024 saying it reinforces government’s commitment to developing the nation’s young people as the most valuable resource.

He said this achievement shows that the country is steadily undoing the apartheid legacy of intergenerational poverty, disadvantage and indignity. 

“Our learners, teachers, parents and caregivers deserve our appreciation, alongside school governing bodies and partners in business, trade unions and academia. However, these impressive outcomes stand in stark contrast to what we see in the early years of education.”

To address these challenges, the President welcomed the Department of Basic Education’s review and realignment of the curriculum, including teacher development programmes and a focus on the Mother-Tongue Based Bilingual Education approach. 

He also stressed the importance of inclusive education, calling for greater access to quality learning for children with disabilities.

“We are encouraged by the department’s efforts to review and realign our existing curriculum, including assessment, learning and teaching support material and teacher development programmes,” the President said. 

Embracing AI and technology

The first citizen warned that globalisation, automation, and artificial intelligence (AI) are reshaping the job market, making it critical for South Africa’s education system to evolve.

He said that the theme of this year’s lekgotla – ‘Strengthening Foundations for a Resilient, Future-Fit Education System’ – is therefore most appropriate and timely. 

He highlighted that the World Economic Forum’s 2025 Future of Jobs Report showed the world’s fastest growing and fastest declining jobs. 

The report showed that jobs that are growing fastest are big data specialists, user interface and user experience engineers, data warehousing specialists and renewable energy engineers. 

At the bottom of the pyramid, some of the jobs that are in decline include bank tellers, data entry clerks, cashiers, admin assistants, book-keeping and payroll clerks, and telemarketers, among others. 

The President noted that many of these occupations that are in decline are entry level positions for young people entering the job market after school. 

He noted that AI and advanced language models are significantly reshaping various industries.

One such tool, ChatGPT, now has approximately 300 million weekly active users worldwide. The number of students relying on ChatGPT for school assignments has doubled between 2023 and 2024. 

The President emphasised the need for the education system to embrace technology while maintaining a strong foundation in human-led learning. 

“We have to adapt to this new reality or risk the consequences of last century methods that cannot deliver new century outcomes. As impressive as technological advances have been, technology is but a complement to human endeavour. 

“There is no substitute for solid foundational education led by committed and capable educators that sets the stage for a more effective and equitable educational system,” the President said. 

The President further highlighted that the first generation to grow up with the internet, Gen Z, are already in their thirties. Generation Alpha, the first fully digital generation, are now in high school. 

The babies born this year are the start of Generation Beta and will begin school in 2030. 

“These Generation Beta children will be mastering the use of AI tools for schoolwork, problem solving and life advice before they even reach high school. 

“This is to say nothing of their future career paths. There are now tools that can build a website in 10 seconds and compile a fully referenced research paper in about a minute. 

“So, when we speak of equipping our young people with the skills for a changing world, we are not only talking about the structure of education needing to be transformed, but its methods of delivery as well. I am pleased that this is an issue that is prioritised at the Basic Education Lekgotla,” the President said. 

Vocational and Entrepreneurial Pathways

President Ramaphosa also called for greater emphasis on technical and vocational education as viable alternatives to traditional academic pathways. He pointed to Germany, where 47% of the workforce holds vocational qualifications, compared to just 17% with university degrees.

“As stakeholders in the sector we need to work together to address the prevalent bias towards general academic education, and even the stigma that exists around choosing vocational occupations. 

“Vocational training should not be seen as a fall-back option for learners who have been identified as unlikely to obtain the marks needed for university entry. It should be seen as an attractive proposition for all learners.”

The President also highlighted the importance of fostering entrepreneurship to support young people in an economy with limited job opportunities. 

Agenda for education 

The 2025 Basic Education Sector Lekgotla, tcomes at a pivotal time as South Africa enters the implementation phase of the Medium-Term Development Plan and nears the five-year countdown to achieving the Sustainable Development Goals.

As South Africa chairs the G20, President Ramaphosa noted the opportunity to drive a progressive global education agenda under the theme of “solidarity, equality, and sustainability.”

“As the host of the G20 Education Working Group, we have a unique opportunity to drive a progressive agenda for inclusive and equitable education within the framework of the G20,” he said. – SAnews.gov.za

 

DikelediM
Thu, 02/27/2025 - 15:35
92 views

Read moreCall to intensify efforts to improve early childhood learning 
27 February 2025

Over R20 million allocated to boost North West economy 

Location: News

Over R20 million allocated to boost North West economy 

The North West Provincial Government has allocated R24 million to establish a Development Fund to accelerate development initiatives across the province.

The fund will be established with a special focus on stimulating economic growth and creating sustainable job opportunities.
This is according to the North West Premier Lazarus Kagiso Mokgosi who delivered his State of the Province Address (SOPA) at the provincial legislature on Thursday.

He informed the Members of the Provincial Legislature (MPL) that the efforts of the Economic and Investment Advisory Council are starting to produce positive results.

The Council is responsible for assisting the province to drive its industrialisation programme, lure investments, and see to the full implementation of the Provincial Growth and Development Strategy.

“We envisage establishing a Regional Research, Innovation and Development Office, which will be in, and coordinated by, the Office of the Premier with a specific focus on Science, Technology and Engineering,” he said on Thursday. 

The SOPA outlined the province’s strategic priorities for the next five years, focusing on inclusive growth, job creation, poverty reduction, and building a capable and ethical State. 

Mokgosi highlighted the province’s challenges, including high unemployment and poverty rates, and emphasised the need for aggressive measures to address these issues.  

He announced several initiatives, such as the expansion of the National School Nutrition Programme to provide two meals per day to learners in more schools and the launch of the “Ntime o Mphele Ngwana Poverty Alleviation Programme” to combat hunger among children and youth. 

In addition, infrastructure development was a key focus, with significant investments in road projects, water and sanitation improvements, and the construction of new schools and clinics. 

The Premier also announced plans to revitalise the Taung irrigation scheme and other agricultural projects to boost food production and support emerging farmers. 

“The collaborative work between the Vaalharts Water Users Association, the Department of Water and Sanitation, and the Dr Ruth Segomotsi Mompati District Municipality will result in an increase of water supply to households in areas such as Taung, Pudimoe, and Huhudi.” 

Jobs and attracting investment

Mokgosi reaffirmed the government’s commitment to creating job opportunities through public employment programs, such as expanded public works, community health workers, community works, and labour activation programmes.

These initiatives aim to create over 150 000 job opportunities in the next five years, targeting women, youth, and persons with disabilities.

The provincial government is fostering relations with the private sector to address infrastructure backlogs and attract investment.  

The Premier cited the Mekgareng Smart City project, which is expected to create 20 000 jobs for the people of Madibeng Local Municipality and attract investments of between R10 and R25 billion.

The smart city project is a collaborative development initiative between the North West and Gauteng, coordinated by the national Department of Human Settlements.

Meanwhile, the provincial government has partnered with the South African National Defence Force (SANDF) and Phila Jordan Academy to provide training opportunities to 3 000 beneficiaries in artisanal and tooling programs.  

In addition, more than 1 200 young people are participating in a National Youth Service programme, and over 7 000 youth have been provided with skills and job placements.

The Premier hopes that these comprehensive measures will help reduce unemployment and stimulate economic growth in the North West. 

In addition, he covered efforts to promote clean governance, combat corruption, and improve audit outcomes.  

He concluded with a call for unity and collaboration among all stakeholders to tackle the province’s socioeconomic challenges and build a better future for all residents. 

“Ours is a skewed past centered on exploitation, exclusion, and oppression but we remain hopeful about the socio-economic prospects of our province, and we are unflinching on our commitment to creating a better life of all, irrespective of race, class, and gender or creed,” he said. – SAnews.gov.za

 

Gabisile
Thu, 02/27/2025 - 15:36
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Read moreOver R20 million allocated to boost North West economy 
27 February 2025

Community media plays a vital role in promoting social change

Location: News

Community media plays a vital role in promoting social change

In a world where information is power, community media stands as a vital force in empowering marginalised voices, driving social change and strengthening democracy. 

Deputy Minister in the Presidency, Kenny Morolong, has underscored the significance of this sector, emphasising its role in fostering community engagement and supporting local development.

Speaking during Parliament’s Portfolio Committee on Communication and Digital Technologies oversight visit to the Government Communication and Information System in Pretoria on Wednesday, Morolong urged the GCIS to harness the power of strategic partnerships to inform South Africans about government’s social transformation agenda.

"We have a network of communicators across all three spheres of government to ensure effective coordination," Morolong said, highlighting the need to build professional capacity in government communication. 

He stressed the importance of adapting to the rapid growth of new media to bridge the gap between government and citizens.

According to Morolong, communication is not just a bureaucratic function but a constitutional responsibility. 

"An appreciation of this premise will ensure that we fulfil the prescripts of the Constitution, including upholding political, social and other rights," he said.

GCIS Deputy Director-General: Intergovernmental Coordination and Stakeholder Management, Michael Currin, echoed this sentiment, explaining that effective government communication plays a crucial role in shaping national sentiment, fostering social cohesion and inspiring positive behavioural change.

"Through a coordinated communication system, government proactively responds to the evolving political and socio-economic landscape, fostering a direct relationship with citizens," Currin said.

He emphasised that clear and coherent messaging is essential to building public confidence and national unity.

Portfolio Committee commends GCIS's efforts

Portfolio Committee on Communication chairperson, Khusela Diko, expressed her satisfaction with the GCIS’s performance.

"I was impressed with the presentations [on the GCIS operations and its programmes], especially those involving community print media. These discussions help us, as lawmakers, understand the core issues that affect our citizens," she told SAnews. 

Diko affirmed that lessons learned from these engagements would shape the committee’s oversight efforts. 

"We hope that GCIS and its partnerships will continue to empower people with vital information, enabling them to improve their lives," she said.

Diko further stressed the importance of citizens knowing how to access job opportunities, start businesses, and benefit from government programmes.

 "When South Africans can confidently say: 'I know what my government is doing for me and how I can access services', we will have achieved our goal," she said.

Established in 1998 and operating under the Presidency, the GCIS has a clear mission: to strengthen government communication, ensure transparency, and keep citizens informed about policies, programmes, and achievements. By embracing innovation and leveraging new media, it continues to play a crucial role in fostering a well-informed and engaged society. 

Bringing government closer to the people

The Portfolio Committee is committed to ensuring that government communication is effective and accessible. As part of its mandate, the committee is conducting oversight visits to various entities in Gauteng, engaging with staff members and reviewing government communication strategies.

The committee has also listened to presentations from the Media Development and Diversity Agency (MDDA) and other entities, evaluating their effectiveness in delivering critical information to the public. – SAnews.gov.za

Edwin
Thu, 02/27/2025 - 09:25
300 views

Read moreCommunity media plays a vital role in promoting social change
26 February 2025

US-Funded Programmes in South Africa Benefit the US Too

Location: News

The world class research conducted in SA is vital for everyone

Read moreUS-Funded Programmes in South Africa Benefit the US Too
26 February 2025

inDrive’s Unstoppable Growth Across Africa

Location: Business
inDrive

inDrive (www.inDrive.com), the ride-hailing app known for its transparent and fair pricing model, has secured its position as the second most downloaded app in its category globally, and it continues to make waves in Africa, where it ranks as the third-largest ride-hailing service in South Africa, second in Nigeria, and number one in Zimbabwe and Botswana and North African countries.

inDrive's success story in Africa reflects its remarkable growth trajectory, driven by its unique approach to mobility. With an innovative, peer-to-peer pricing model and a mission to challenge the traditional fare structures in the ride-hailing industry, inDrive is setting new standards in customer-centric mobility.

The inDrive Advantage: Why It's the Most Downloaded Ride-Hailing App

What sets inDrive apart is its unwavering commitment to creating an ecosystem that benefits both riders and drivers. Unlike other ride-hailing platforms, inDrive empowers users by allowing them to negotiate the fare before confirming the ride, giving both drivers and passengers the freedom to agree on a price that works for them. This model fosters trust, increases satisfaction, and has contributed to record-breaking app downloads in 2025.

InDrive's approach goes beyond just competitive pricing; it has built an environment where driver welfare is prioritized. The company operates with the lowest commission structure in the market, enabling drivers to keep more of what they earn, which in turn has fostered strong loyalty from local drivers across Africa.

Record Growth in Africa: inDrive's Expanding Footprint

  • South Africa: Ranked as the third-largest ride-hailing app in the country, inDrive's innovative model has gained a dedicated user base. Its growth has been accelerated by its focus on affordability, transparency, and safety, catering to the needs of both urban commuters and those in smaller towns. As competition intensifies, inDrive is proving that a user-focused approach is the key to long-term success.
  • Nigeria: Holding the second spot in the market, inDrive's rapid expansion has been fueled by its distinctive no-commission fare model in most cities, creating better earning opportunities for drivers while providing affordable rides for passengers. Nigeria's diverse population and urban landscape have proven to be a strong foundation for inDrive's sustained success.
  • Zimbabwe & Botswana: inDrive's number-one ranking in both countries is a testament to its ability to create localized solutions tailored to meet the unique challenges of each market. By providing access to its services where traditional public transport falls short, inDrive bridges crucial mobility gaps, ensuring more people can commute conveniently. With a strong focus on job creation, affordable transportation, and social impact, inDrive has quickly become the go-to ride-hailing app for millions.

Why Africa Chooses inDrive

inDrive's approach is rooted in equity and inclusivity. The app's growth in Africa is not just a result of its innovative pricing structure, but also its deep understanding of the diverse needs of African consumers and drivers. As the most downloaded ride-hailing app globally, inDrive's popularity is fueled by its customer-centric model, empowered drivers, and fair pricing system.

By offering a solution that works for everyone, inDrive is reshaping the future of mobility across the African continent. Whether it's ensuring driver safety, fair compensation, or increased access to affordable transportation, inDrive is positioning itself as the most reliable, convenient, and transparent ride-hailing option in Africa.

Distributed by APO Group on behalf of inDrive.

Press Contact:
Public Relations Manager - inDrive Africa
Lineo Thakhisi
Phone: +2781 3636 872
Email: lineo.thakhisi@indriver.com

About inDrive:
inDrive is a global mobility and urban services platform. The inDrive app has been downloaded over 240 million times, and was the second most downloaded mobility app in 2022 and 2023. In addition to ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation and delivery. In 2023, inDrive launched New Ventures, a venture and M&A arm.

inDrive operates in 888 cities in 48 countries. Driven by its mission of challenging social injustice, the company is committed to having a positive impact on the lives of one billion people by 2030. It pursues this goal both through its core business, which supports local communities via a fair pricing model; and through the work of inVision, its non-profit arm. inVision's community empowerment programs help to advance education, sports, arts and sciences, gender equality and other vital initiatives.

For more information visit www.inDrive.com

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26 February 2025

SA positioned to navigate challenging geopolitical situation – WEF President

Location: News

SA positioned to navigate challenging geopolitical situation – WEF President

Amidst a fragmented geopolitical landscape, the President and CEO of the World Economic Forum, Børge Brende, has expressed support for South Africa’s Group 20 (G20) Presidency.

“In such a polarised, fragmented world as [the] backdrop of this G20 leadership, I think South Africa is especially well positioned to handle this very complicated geopolitical situation,” Brende said on Tuesday.

Brende was addressing the Business 20 (B20) -- the official dialogue forum for domestic and international business communities.

In his address, he stated that South Africa has extensive experience in managing competition and its history.

“It’s not an easy G20 to take on but that’s a reality with the geopolitical backdrop that [it] is happening against,” Brende said.

He said the current geopolitical situation is a priority for everyone, making the global business voice more crucial than ever.

“The last weeks have shown us we have to fasten our seat belts and even getting people that don’t agree [with us] in the same room is not almost an achievement. I saw that in Davos this year when people don’t agree [with you] they don’t want to even discuss [matters]. But to break impasses at least, you must start with the dialogue and sit in the same room and say, ‘this is important to me’.

“Sherpas can then try to find some solutions, because the solutions are so incredibly important…,” he said.

With South Africa set to host the G20 Leaders' Summit later this year, Cape Town hosted the two-day B20, which began on Monday.

Western Cape Premier Alan Winde previously said  that the province and Cape Town look forward to welcoming the world once again.

READ | Cape Town to host B20 meeting 

The gathering focused on the theme “Inclusive Growth and Prosperity through Global Participation.”

Brende said the private sector has a key role to play in mobilising investment, driving innovation, and finding solutions to shared challenges.

“That means that if you want to get anything done, you also must work with the business sector. That’s the only way to also get investments and fresh money,” he explained. 

He described Africa, with its fast-growing economies and young workforce, as poised to shape the future. 

The African Continental Free Trade Area (AfCFTA) alone has the potential to unlock $450 billion in economic gains over the next decade.

The World Economic Forum, he said, has a long-fostered collaboration between business and government, and is committed to supporting this effort through initiatives such as the First Movers Coalition that pushes for green technologies.

“Now is the time for the B20 and G20 to work together to accelerate sustainable growth, strengthen global trade, and ensure that economic progress benefits all. 

“South Africa’s long-standing commitment to cooperation serves as a powerful example of what is possible when we find common ground.”

Brende also touched on the key challenges including climate change, cybercrime, and the need for global consensus on issues like carbon dioxide (CO2) emissions and cybersecurity. 

Despite the geopolitical tensions, Brende stated that the global economy is expected to grow by over 3% this year.  

“Trade is expected to grow by 3%, however, the growth we are seeing in trade is not coming from traditional manufacturing goods. Digital trade and services are projecting significant growth. The biggest game changers over the next few years will be new technologies.”

He said the technological advancements, particularly in artificial intelligence (AI) and machine learning, could boost productivity by 10% in a decade. 
– SAnews.gov.za

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26 February 2025

Global challenges require G2O countries to work together

Location: News

Global challenges require G2O countries to work together

President Cyril Ramaphosa has emphasised the importance of the Group of 20 (G20) members working together to overcome unprecedented challenges, including slow and uneven growth, rising debt burdens, persistent poverty and inequality, and the existential threat of climate change.

“We are not moving quickly enough or boldly enough to address these global challenges. We must collectively target a step-change in our efforts to improve the lives of all of our people and protect future generation,” the President said on Wednesday.

Addressing the opening of the first meeting of the Group of 20 (G20) Finance Ministers and Central Bank Governors in Cape Town, the President said at this time of global uncertainty and escalating tension, it is now more important than ever that the members of the G20 work together.

“The erosion of multilateralism presents a threat to global growth and stability. We know from the experience of past decades that a fair, transparent and inclusive rules-based international order is an essential requirement for economic stability and for sustained growth.

“At this time of heightened geopolitical contestation, a rules-based order is particularly important as a mechanism for managing disputes and resolving conflict. It is vital to ensuring that the rights and interests of the vulnerable are not trampled beneath the ambitions of the powerful,” he explained.

The first citizen said one of the greatest impediments to growth, development and stability is the persistence of inequality within and between countries.

“The pursuit of the United Nations Sustainable Development Goal on reducing inequality is as much of an economic imperative as a social imperative. As the G20 we need deliberate and coordinated efforts to focus on inclusive growth based on responsive trade and investment to grow the incomes of poor nations and the poorest in society.

“We need to ensure equal access to opportunities, especially for women and young people. For nations to flourish, equality and prosperity must be available to everyone – regardless of gender, race, religious beliefs or economic status.

“The pursuit of equality is an imperative for wealthy and poor countries alike. That is why South Africa has placed solidarity, equality and sustainability at the centre of its G20 Presidency,” the President said.

Priorities 

In line with the original mandate of the G20 to promote strong, sustainable, balanced and inclusive growth, South Africa has identified four priorities for its G20 Presidency.

The first priority is to take action to strengthen disaster resilience and response.

“The increasing rate of climate-induced natural disasters is disproportionately affecting countries that can least afford the costs of recovery and rebuilding.

“When repeated disasters lead to widespread damage of infrastructure, economic activity is disrupted and livelihoods are destroyed,” the President said.

He said innovative financing and insurance mechanisms must be put in place by the global community – including international financial institutions, development banks and the private sector – to scale up funding for disaster prevention and post-disaster reconstruction.

“Our second priority is to ensure debt sustainability for developing economies. In recent years, low- and middle-income countries have seen their levels of sovereign debt and the cost of servicing that debt rise substantially.

“The combined external debt stock of low-income countries more than doubled in the decade to 2022. Debt service costs are increasingly crowding out spending on education, healthcare and other social services, as well as infrastructure needed for economic development,” the President said.

He stressed that the work of the International Financial Architecture Working Group and other working groups will be particularly important in improving the Common Framework for Debt Treatment, accelerating the reform of multilateral development banks, and strengthening capital flows to emerging markets.

“Our G20 Presidency will be addressing the high cost of capital faced by developing economies as one of the main barriers to sustainable growth. The G20 must show leadership in addressing the imbalances that persist in the global economy and filling the significant gap in funding required to achieve the Sustainable Development Goals.

“The third priority of South Africa’s G20 Presidency is to mobilise finance for a just energy transition. Significantly more funding is required to limit global temperature rise in line with the goals of the Paris Agreement, and to do so in a manner that is equitable and just.”

South Africa has pioneered the use of country platforms to coordinate funding through the Just Energy Transition Partnership.

“We continue to advocate for greater concessional and grant funding to support the energy transition in developing economies. G20 member countries should lead the way in demonstrating ambition on climate action in the lead-up to COP30 in Brazil later this year.

“The need to rapidly scale up adaptation funding is particularly important, as those countries which have contributed the least to climate change are now most vulnerable to its effects. We must also scale up the use of innovative financing instruments, improve coordination among funders, and unlock the potential of carbon markets to create new and diverse sources of funding,” the President said.

South Africa’s fourth priority for the G20 Presidency is to harness critical minerals for inclusive growth and sustainable development.

“We need a G20 framework on green industrialisation and investment that promotes value addition to critical minerals close to the source of extraction. We need to promote the development of low-carbon manufacturing value chains which can support decarbonisation while promoting growth.

“As minerals extraction accelerates to match the needs of the energy transition, the countries and local communities endowed with these resources must be the ones to benefit the most,” said President Ramaphosa. - SAnews.gov.za
 

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26 February 2025

Ghana’s Mining in Motion Summit Gains Support From Key Leaders

Location: News
Energy Capital & Power

Otumfuo Osei Tutu II, King of the Ashanti Kingdom; Hon. Emmanuel Armah Kofi Buah, Minister of Lands and Natural Resources of Ghana; and Oheneba Kwaku Duah, the son of Otumfuo Osei Tutu II and Managing Director of the Ashanti Green Initiative recently met to discuss the upcoming Mining in Motion Summit in Ghana.

They explored the summit's potential to improve the artisanal and small-scale gold mining (ASGM) sector in Ghana and the role of government, international partners and major mining firms in accelerating the sector's growth. Hon. Kofi Buah endorsed the event, emphasizing its significance in connecting small-scale miners with technology providers, financiers, regulatory bodies and global industry stakeholders to improve their operations and impact.

Organized by the Ashanti Green Initiative along with the World Bank, the World Gold Council and other international partners, Mining in Motion will take place from June 2 - 4 in Accra.

The summit is held under the theme Sustainable Mining & Local Growth – Leveraging Resources for Global Impact, uniting key decision-makers, including H.E. John Dramani Mahama, President of the Republic of Ghana, as well as representatives from public and private sector mining institutions from South Africa, the Republic of Guinea, the African Union, ECOWAS and the United Nations.

The three-day event will highlight the role of traditional authorities in shaping artisanal and small-scale mining practices, emphasizing the sector's contribution to employment and economic growth. In 2024 alone, Ghana's artisanal miners generated $5 billion in foreign exchange earnings through gold exports. Providing direct employment for over one million Ghanaians and accounting for 35% of domestic gold output, the sector has the potential to significantly shape socioeconomic development in the west African country.

As Ghana's mining sector increasingly supports sustainable development, the Mining in Motion Summit will highlight best practices for integrating ASGM into the global financial system. Representatives from prominent international financing organizations will share their insights.

In a significant move to boost earnings for small-scale miners, Ghana has announced plans to establish a Gold Board. This new entity will simplify the process of purchasing gold from small-scale miners, providing them with easier access to global markets. With Samuel Adu Gyamfi, who was appointed Acting Managing Director of Precious Minerals Marketing Company last month and tasked with setting up the Ghana Gold Board, playing a pivotal role in shaping the summit, Mining in Motion is set to have a sizable impact on the growth of Ghana's gold sector.

Through a series of high-level panel discussions, deal signings, project showcases and exclusive networking, Mining in Motion serves as the ideal platform to connect Ghanaian miners with regional counterparts and global investors for forge industry-changing partnerships.

Stay informed about the latest advancements, network with industry leaders and engage in critical discussions on key issues impacting ASGM and medium- to large-scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting https://MiningInMotionSummit.com. For sponsorship opportunities or delegate participation, contact sales@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

About Ashanti Green Initiative:
The Ashanti Green Initiative is a foundation dedicated to promoting environmental restoration, advocating for climate-related issues, and fostering community development in Ghana and beyond. Guided by a commitment to sustainability, the foundation undertakes projects aimed at rehabilitating degraded lands, restoring water bodies, and promoting responsible natural resource management. The initiative also champions regenerative practices in mining, agriculture, and energy, aligning with global efforts to combat climate change while uplifting local communities through education, capacity-building, and economic empowerment programs. The Ashanti Green Initiative is led by Nana Kwaku Duah, son of His Majesty Otumfuo Osei Tutu II, King of the Ashanti Kingdom. Under his leadership, the foundation applies forward-thinking approaches and innovative solutions, creating impactful partnerships with local and international stakeholders to drive meaningful change.

About Energy Capital & Power:
Energy Capital & Power is an Africa-focused global leading investment platform for the energy and mining sectors. Through a series of events, online content and investment reports, we unite the entire energy and mining value chains – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.

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26 February 2025

Mashatile to commemorate Harvest Day with Free State apple farmers

Location: News

Mashatile to commemorate Harvest Day with Free State apple farmers

Strategies for enhancing the agricultural sector, fostering economic growth, and promoting job creation will form part of Deputy President Paul Mashatile’s visit to the Free State.

Mashatile will commemorate Harvest Day at the Remmoho Investment in Agriculture Farm in Bethlehem on Thursday, 27 February.

According to a statement from the Deputy President’s Office, the event will highlight key milestones in agricultural development, underscoring government’s dedication to fostering an inclusive agricultural sector and creating job opportunities within the community.

As chairperson of the Inter-Ministerial Committee on Agriculture and Land Reform, the Deputy President will meet with approximately 400 local farmers, agricultural stakeholders and commodity organisations.

“During his visit, the Deputy President will witness firsthand the investments in apple export and processing facilities in the province, which showcases the innovative efforts to enhance agricultural production and support local farmers, especially black farmers, in growing production,” the statement read.

The visit will also highlight the role of Remmoho Investment in Agriculture, which contributes to government’s vision of growing an inclusive agricultural sector, as enshrined in the Agriculture and Agro-processing Master Plan (AAMP). 

“The company’s investments in the agricultural space are pivotal in breaking new frontiers to create employment opportunities and achieve food security in South Africa," the statment said. 

The Presidency said the event will also be a celebration of agricultural success stories and an opportunity to underscore how such initiatives align with government efforts to foster economic development and food security.

Agriculture Minister John Steenhuisen and Land Reform and Rural Development Minister Mzwanele Nyhontso will accompany the Deputy President on his visit.

Free State Premier Maqueen Letsoha-Mathae and the Executive Mayor of Thabo Mofutsanyana District Municipality, Conny Msibi, will receive the Deputy President. – SAnews.gov.za

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25 February 2025

Traditional leaders urged to help build a better SA 

Location: News

Traditional leaders urged to help build a better SA 

President Cyril Ramaphosa has called on traditional leaders to work alongside the Government of National Unity (GNU) in shaping a prosperous and inclusive future for South Africa.

Addressing the annual opening of the National House of Traditional and Khoi-San Leaders (NHTKL) at the Good Hope Centre in Cape Town, the President reaffirmed the vital role of traditional leadership in the country’s development.

“As the Government of National Unity, I once again call on Amakhosi to join hands with us as we embark on a new, glorious future for South Africa and its people,” said President Ramaphosa said on Tuesday.

The National House of Traditional and Khoi-San Leaders comprises traditional leaders who are delegates from the Provincial Houses of Traditional Leaders of South Africa and represent the Provincial Houses at national level.

He highlighted the historical significance of traditional leadership, noting that traditional leaders support governance in many rural and peri-urban communities, often facing the harshest conditions of poverty, inequality, and climate change. 

The President expressed concern over the recent devastating floods in KwaZulu-Natal, which led to loss of life and destruction of property and infrastructure. He urged Amakhosi to work with disaster management teams to protect rural communities from extreme weather events.

“The recent floods in parts of KwaZulu-Natal have led to loss of life, damage to farming land, and the destruction of property and infrastructure. Our thoughts and prayers are with all the affected communities. 

“I want to use this opportunity to call on you as Amakhosi to work with the disaster management response teams in our provinces and support the work that is being done to protect our rural communities against extreme weather,” he said. 

READ | Level 2 heavy rain warning issued for KwaZulu-Natal

Killings

President Ramaphosa strongly condemned the increasing assassinations of traditional leaders, calling the attacks an “affront to our nation". 

He referenced the recent killing of Contralesa NEC member and Ndzundza-Fene Traditional Council Chairperson, Kosi Thugwana, in Mpumalanga, stressing that such violence must be rooted out.

“Even one killing is one too many. Be assured that our law enforcement agencies are working around the clock to ensure that the perpetrators of these heinous crime are brought to book.”

Shared prosperity 

The President reiterated the government’s commitment to working with traditional and Khoi-San leaders to foster unity and development. He also emphasised the importance of their participation in the upcoming National Dialogue, a platform aimed at fostering inclusivity and shaping the country’s future.

He said that government will rely on the traditional leaders’ guidance to rally people towards a future of shared prosperity and inclusivity.

“It will be important that traditional leaders and the communities they lead [to] participate in the National Dialogue so that the process produces a plan that reflects the interests and aspirations of everyone.

“The Medium Term Development Plan that we have adopted as the Government of National Unity intends to advance three strategic priorities: to drive inclusive growth and job creation, to reduce poverty and tackle the high cost of living and to build a capable, ethical and developmental state,” the President explained.

He also highlighted ongoing consultations to review the White Paper on Local Government and emphasised the role of Amakhosi in shaping policies that affect rural communities.

The Deputy President has been mandated to facilitate dialogues with traditional leaders, further strengthening collaboration between government and traditional institutions.

Legislative developments

Following the Constitutional Court’s ruling that declared the Traditional and Khoi-San Leadership Act unconstitutional, the President confirmed that steps were being taken to reintroduce a revised bill in Parliament. 

He urged traditional leaders to actively participate in consultations to ensure their interests are reflected in the legislation.

In addition, President Ramaphosa addressed the longstanding issue of customary initiation practices, particularly in the Eastern Cape, where fatalities and injuries continue to be a concern. 

The government has gazetted regulations for public comment and is working towards drafting guidelines to regulate initiation school fees and prevent exploitation.

READ | Hlabisa and traditional leaders discuss safer customary initiation plan

Turning to the issue of land reform and economic development, the President reaffirmed the government’s commitment to land reform, noting the passage of the Expropriation Act as part of efforts to ensure that land is equitably shared.

The Department of Land Reform and Rural Development has completed its work on the Communal Land Tenure Bill and is set to conduct public consultations.

Tackling gender-based violence and Forum of Majesties

The President urged Amakhosi to take a stand against gender-based violence and femicide, emphasising that such crimes have no place in African culture. He commended the House for its existing initiatives and called for greater involvement in protecting women and children.

“We know that such violence is not part of any culture. Violence against women and children is not part of the nation we want to build.”

Turning to traditional leadership, President Ramaphosa welcomed the launch of the Forum of South Africa’s Majesties, chaired by His Majesty King Makhosonke II, and acknowledged efforts to establish a similar platform for Queens. 
He also encouraged traditional leaders to continue engaging with government ministries, particularly in sectors such as mineral resources, to ensure communities benefit from the country’s natural wealth.

G20 and National Budget

With South Africa set to host the G20 Summit for the first time later this year, the President urged traditional leaders to use the opportunity to showcase the nation’s diverse cultural heritage. 

He also addressed the postponement of the Budget Speech, explaining that further discussions were necessary to align the priorities of the multi-party GNU.

READ | Government continues working for the people, despite Budget postponement

“In the interests of consensus-building, we are undertaking further discussions so that we can arrive at a budget that everyone can have confidence in a budget that promotes inclusive growth, supports job creation and that tackles poverty and inequality,” he said. 

The President further emphasised that despite many challenges, it is through cooperation and partnership that a better South Africa can be built in which everyone enjoys equal opportunity and can lead lives of dignity. – SAnews.gov.za

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25 February 2025

Energise Mzansi campaign to empower South Africans on energy transition

Location: News

Energise Mzansi campaign to empower South Africans on energy transition

The Energy Council of South Africa has launched a nationwide campaign to empower South Africans to gain a better understanding of and engage in the energy transition.

South Africa has committed to lowering carbon emissions to net-zero by 2050 and usher in a green economy.

In that regard, government has also committed to an energy transition which is just, inclusive and which responds to South Africa’s developmental needs – leaving no one behind.

“Energy literacy is more than just understanding the basics, it’s the foundation for informed decision-making, constructive collaboration, and ultimately driving investment and economic growth through gained public positive sentiment.

“Through this campaign, we aim to connect South Africans with the factual information they need to make sense of the challenges and take advantage of the opportunities presented by the energy transition,” Energy Council CEO James Mackay said.

According to the council, the campaign focuses on six technical energy topics.

 These are:

  • Energy is an integrated system: Shifting from a polarised “supply mix” ideology to a practical, integrated system planning and delivery approach. This aims to balance supply side actions with demand response and changing trends, the increasing importance of infrastructure and digital integration and the critical issue of a competitive marketplace.
  • Vital emissions obligations: South Africa has an intensive carbon footprint and is now exposed to carbon tax and carbon border adjustments from 2026 with its biggest trade partner, Europe.
  • Ongoing coal dependency: Examining coal’s critical role in South Africa’s energy mix, which is still planned to be in operation well beyond 2026. The need for cleaner, reliable and more efficient use, and the pathway to a strategic, balanced transition not compromising energy security and economic stability.
  • Bridging the transition with gas: Exploring how gas could provide crucial support to South Africa’s energy system by meeting fluctuating demand, system variability and bridging the gap as renewable energy grows and large coal stations are decommissioned.
  • Scaling renewables and storage: Evaluating the growing adoption of solar and wind energy as well as battery storage, focusing on the advantages of renewable energy, the barriers to widespread deployment, and the role of technology in making renewables a central part of South Africa's energy future.
  • Reforming the Energy Market: Understanding the critical need and benefits of a competitive wholesale electricity market to unlock investment, drive efficiency and lower prices, as well as anchor South Africa's future power sector eco-system

“The Energy Council estimates that R2 trillion will be required by 2035 for new technology financing and system upgrades. Government policy and commitment is clear. The two key drivers of our energy reform agenda are now anchored in law: The Electricity Regulation Amendment Act, 2004 and the Climate Change Act, 2024. 

“It is critical that informed responses lead the transition, ensuring collaboration across all stakeholders to create sustainable, long-term solutions for South Africa’s energy future,” the Energy Council said. – SAnews.gov.za

 

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25 February 2025

SA crafts guidelines for green hydrogen development

Location: News

SA crafts guidelines for green hydrogen development

In a major step towards cementing South Africa’s position as a global leader in green hydrogen, the Minister of Forestry, Fisheries, and the Environment, Dr Dion George, has overseen the launch of two game-changing environmental planning mechanisms. 

The Environmental Impact Assessment (EIA) Guideline for green hydrogen projects and the South African Green Hydrogen Potential Atlas will remove regulatory uncertainty, drive investment, and accelerate South Africa’s transition to a green hydrogen economy.

Developed in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Council for Scientific and Industrial Research (CSIR), and GFA Consulting Group, these mechanisms will provide critical guidance for responsible and sustainable green hydrogen development.

In a statement of Tuesday, the Minister hailed the mechanisms as a victory for South Africa’s economic and environmental ambitions, reinforcing his commitment to positioning the country as a leader in clean energy innovation. 

“This is a defining moment for South Africa’s green economy. By taking proactive steps to provide regulatory clarity and scientific insights, we are ensuring that green hydrogen becomes a major driver of sustainable economic growth, investment, and job creation. This is about unlocking South Africa’s potential while protecting our environment for future generations,” he said.

Under the Minister’s leadership, the Department of Forestry, Fisheries, and the Environment (DFFE) has strengthened the central role it plays in developing clear, science-based guidelines that provide certainty for investors and developers. 

“The EIA Guideline will ensure that projects are planned responsibly, while the Green Hydrogen Atlas offers a powerful, interactive tool for mapping the country’s most promising locations for green hydrogen production.

“With abundant solar and wind resources, strategic port infrastructure, and a central location on global shipping routes, South Africa is uniquely positioned to become a green hydrogen powerhouse. 

“Green hydrogen, which is produced using renewable energy, has the potential to replace fossil fuels in industries like steel, cement, and heavy transport, reducing emissions while creating new economic opportunities,” the department said.

The department said the launch of these mechanisms sends a clear message to international investors, industry leaders, and policymakers.

“South Africa is ready to lead in green hydrogen innovation and production,” the department said.

The EIA Guideline can be accessed at: https://bit.ly/SAGH2eia. - SAnews.gov.za
 

 

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25 February 2025

SA participates in UNGA meeting marking Russia, Ukraine conflict anniversary

Location: News

SA participates in UNGA meeting marking Russia, Ukraine conflict anniversary

South Africa has voted in favour of a General Assembly resolution, presented by the United States of America with amendments by the European Union, which reiterates that the principal purpose of the United Nations is to maintain international peace and security and to peacefully settle disputes.

It further reaffirms the commitment to the sovereignty, independence, unity and territorial integrity of Ukraine within its internationally recognised borders, extending to its territorial waters; and implores a swift end to the conflict and further urges a just, lasting and comprehensive peace between Ukraine and Russia, in line with the United Nations (UN) Charter and the principles of sovereign equality and territorial integrity of States.

This comes as the United Nations General Assembly met in New York on Monday - on the third anniversary of the conflict between Russia and Ukraine.

“South Africa continues to call for the urgent cessation of the Russia-Ukraine conflict in order to prevent the further loss of life and the destruction of Ukraine’s infrastructure. Every effort must be made to de-escalate the conflict.

“South Africa remains firmly committed to the need for a peaceful and negotiated resolution of the conflict within a rules-based system centred on international law, including the respect for human rights, and the principles of the UN Charter,” said the Department of International Relations and Cooperation in a statement.

It said the sovereignty and territorial integrity of all states remain inviolable.

Consequently, South Africa supports all efforts to bring the conflict to an end and welcomes all efforts to bring about negotiations. 

“We remain steadfast in our commitment to peaceful resolution of the conflict through a negotiated settlement with all parties to the conflict having a seat at the table.

“Consistent with the African Peace initiative we have always maintained that a commitment to inclusivity is key to deliver the buy-in of all Parties to the conflict, and to provide acceptable solutions to both parties,” said the department.

It added that countries are at a point of inflection in this conflict with the urgency to seize the momentum towards a negotiated settlement.

Head of UN Peacekeeping and Political Affairs, Rosemary DiCarlo, emphasised that the Russian invasion has “undermined the very foundations of the international order”. 

She also reminded delegates that since 24 February 2022, the conflict has resulted in the tragic loss of at least 12 654 Ukrainian civilians, including 673 children.

In light of the recently adopted Security Council resolution, UN News reported that DiCarlo stressed the need for peace in Ukraine to be “just, sustainable, and comprehensive”. 

She said such peace must align with the Charter of the UN, international law, and the resolutions passed by the General Assembly, including those enacted during Monday’s emergency special session. – SAnews.gov.za

 

 

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25 February 2025

Kholo Capital Mezzanine Debt Fund I Reaches Final Close at R1,4 Billion

Location: Business

Kholo Capital
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Kholo Capital Mezzanine Debt Fund I (“Kholo Capital” or “the Fund”) (www.KholoCapital.com/), has reached final close at R1,4 billion in commitments, in order to make long-term mezzanine debt investments in small and medium sized businesses in Southern Africa (i.e., South Africa, Botswana, Namibia, Lesotho and Swaziland). The funding provided to these businesses will positively impact communities and support economic growth, job creation, alleviation of poverty and advancement of transformation in the Southern African region. The Fund provides growth capital, BEE Financing and acquisition funding into sectors of the Southern African economy with high social impact including social housing, healthcare, education, renewable energy, food and food security, ICT, financial technology and infrastructure. The Fund follows the United Nation's 17 Sustainable Development Goals as guiding principles with key focus on those linked to Job Creation (i.e., Decent work and Economic growth, Reduced Inequalities and Gender Equality) and those linked to Sustainable Growth (i.e.; Affordable and Green Energy, Sustainable Cities and Communities and Climate Action). The R1,4 billion in commitments was secured from leading South African institutional investors.

Kholo Capital believes that mezzanine debt funding, being a subordinated loan position that sits between senior debt and equity in the capital structure of a business, is attractive because it plugs any equity funding gaps and provides businesses with a tailored and flexible loan solutions in support of their growth requirements. Kholo Capital's investment criteria include investing in small and medium sized businesses generating minimum R25m EBITDA across various growth sectors of the Southern African economy, thereby providing much needed access to capital within a preferred range of R70m to 200m per investment. The benefit of mezzanine debt loan funding lies not only in the ability to tailor funding terms like debt servicing requirements (e.g., providing capital repayment moratoriums), and also because it is a loan funding instrument it avoids the significant equity dilution which is sometimes the sad reality when businesses try to fund their growth ambitions by raising pure equity funding.

Mokgome Mogoba, Founder and Managing Partner at Kholo Capital, said: “We are very bullish about South Africa, the South African economy and the future prospects of this beautiful country and the surrounding region. We are heartened and motivated by the optimism and the resilience of its people. We aim to create in excess of 500 new jobs at a rate of more than 40 nett jobs created per investment and we have committed to investing more than 50% of the Fund in black empowered companies. We are excited at the opportunity to bring creative funding solutions to the Southern African market and to form long term sustainable partnerships with businesses over a 4 to 7-year investment horizon, realising not only strong commercial returns for our investors, but also providing transformational funding that has a positive ESG impact on businesses and surrounding communities as we also look to boost our rural and township economies.”

Zaheer Cassim, Founder and Managing Partner at Kholo Capital, added: “Mezzanine debt funding is non-dilutive by nature and therefore is an attractive funding option for family-owned businesses, BEE companies or any business that needs to raise capital and hold onto the equity in the business. And with the banks becoming more risk averse due to regulatory requirements, lending to small and medium sized businesses has reduced, creating a great opportunity for flexible mezzanine debt structures.  We are grateful that our investors recognise the opportunity and have shown us tremendous support.”

With a strong pipeline of opportunities, Kholo Mezzanine Debt Fund I is well positioned to advance its investment objectives, and make a sustainable impact in support of the real economy. 

Distributed by APO Group on behalf of Kholo Capital.

For more information contact:
Mokgome Mogoba
Managing Partner
Kholo Capital Mezzanine Debt Fund I
mokgome@kholocapital.com
Tel: +27-79-631-5860                                     

Zaheer Cassim
Managing Partner
Kholo Capital Mezzanine Debt Fund I
zaheer@kholocapital.com
Tel: +27-83-786-0845

About Kholo Capital Mezzanine Debt Fund I:
Kholo Capital is a specialist alternative investment fund management company with deep experience and track record in private markets. It was founded in 2020 by Mokgome Mogoba and Zaheer Cassim. The Kholo Capital investment team has more than 100 years of collective credit and investment experience and is highly skilled in senior debt, mezzanine debt and private equity. The investment team has a strong track record in the credit and investment space and has invested in excess of R50bn of mezzanine debt, private equity and senior debt investment transactions in over 90 transactions in more than 10 African countries. Kholo Capital Mezzanine Debt Fund I is managed by a cohesive, dynamic and nimble team and the management team has worked together over the last 21 years.

Website: www.KholoCapital.com

Read moreKholo Capital Mezzanine Debt Fund I Reaches Final Close at R1,4 Billion
24 February 2025

u.s. Secretary of Energy Chris Wright to Deliver Keynote Address at 10th Powering Africa Summit

Location: News
EnergyNet Ltd.

Secretary Chris Wright, U.S. Department of Energy, has been confirmed as a speaker and guest of honour at the 10th Powering Africa Summit (PAS), taking place at JW Marriott Washington, D.C. across March 6-7. This is an important step to provide an answer to the question that all of African energy is now asking: how will the new Administration approach the strategic energy relationship between the U.S. and Africa

Under the Summit theme, The Future of the US & Africa Energy Partnership, U.S. Secretary of Energy Chris Wright will deliver a keynote address at the 10th annual Powering Africa Summit. Wright will be joined by representatives from the U.S. Department of State: Ambassador Troy Fitrell, Senior Bureau Official, Bureau of African Affairs; Kimberly Harrington, Acting Principal Deputy Assistant Secretary, Bureau of Energy Resources; and Stephen Banks, Acting Deputy Assistant Secretary for Energy Diplomacy, Bureau of Energy Resources. All will share their vision for this future relationship between African countries and the US-based investors that are so vital to realizing their energy ambitions.

“As Secretary of Energy, I am committed to unleashing all forms of affordable, reliable and secure energy here at home and advancing that mission of energy security around the world – and nowhere is that more critical than the continent of Africa. I look forward to joining the Summit to reaffirm the strategic energy partnership between the U.S. and Africa and share my vision for advancing innovation and removing barriers to energy access, both at home and around the world,” Secretary Wright said.

Ministers and governments from 19 African countries will arrive in Washington D.C., where the Africa Welcome Address will be given by H.E. Honourable Adebayo Adelabu, Minister of Power, Nigeria. Together with H.E. Honourable Jeremiah Kpan Koung, Vice President, Liberia; H.E. Honourable Dr. Dele Alake, Minister for Solid Minerals Development, Nigeria; H.E. Honourable Mahmoud Mustafa Esmat, Minister of Electricity & Renewable Energy, Egypt; H.E. Honourable Karim Badawi, Minister of Petroleum & Mineral Resources, Egypt; H.E. Honourable Bogolo Joy Kenewendo, Minister of Minerals & Energy, Botswana; H.E. Honourable Alex Wachira, Principal Secretary, Ministry of Energy & Petroleum, Kenya; and Amina Benkhadra, Director General, Office National des Hydrocarbures et des Mines (ONHYM), Morocco, he will meet distinguished Ministers and leaders from South Africa, Senegal, Ethiopia, Zimbabwe, Togo, Sierra Leone and more to drive energy development across the continent.

Flagship ministerial boardrooms and regional energy cooperation sessions will discuss and debate   derisking projects, South Africa's energy future, the need for West African regulatory reforms, and the role of hydrogen in North Africa. New areas of opportunity such as bitcoin mining and data centers will be discussed through an East African lens. The Mission 300 initiative, set to provide electricity access to 300 million people in sub-Saharan Africa by 2030, is also high on the agenda.

The 10th Anniversary Gala Drinks Reception sponsored by Genesis Energy, will celebrate International Women's Day, ahead of March 8.

Critical to the week's discussions will be a host of private players including Alliant Insurance Services, GE Vernova, ARM-Harith Infrastructure Investment, Globeleq, Africa50, Nextracker, Schneider Electric, Newmarket Capital and the summit's general sponsor, Sun Africa, who are looking to a new future for the U.S.-Africa relationship.   

Sun Africa CEO, Adam Cortese said: “We are seeing a sea change in how the U.S. participates in foreign infrastructure development and our unique model of development is an excellent illustration of how U.S. energy companies can thrive in emerging markets on a strictly commercial basis. Sun Africa remains committed to harnessing Africa's immense energy resources through innovative structures, state-of-the-art technology and strong alliances while maintaining our long-standing market-based approach to development.  At Sun Africa, we believe energy development on the continent truly represents an opportunity for win-win partnerships and look forward to sharing our experience.”

Simon Gosling, MD of EnergyNet added: “This summit has always been about bringing together African countries seeking investment with U.S.-based investors who see the vast potential on the continent.  It is more important than ever to establish the crucial energy projects that Africa needs. PAS25 will put the continent center stage and make sure that both sides have a future relationship to be excited about.”

Media Credentials Requited for Powering Africa Summit

The Secretary will open the Summit on 6 March, delivering a Keynote Speech at 09:45, followed by a Fireside Chat with Mission 300 Accelerator CEO, Andrew Herscowitz.

Distributed by APO Group on behalf of EnergyNet Ltd..

For more information, please get in touch with 
Poliana@EnergyNet.co.uk
Senior Marketing Manager

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24 February 2025

Call to intensify programme aimed at upgrading informal settlements

Location: News

Call to intensify programme aimed at upgrading informal settlements

Human Settlements Minister Thembi Simelane has called on the department’s entities and branches responsible for informal settlements to work together to intensify the informal settlements upgrading programme and ensure the provision of essential services and adequate shelter.

“We need to urgently develop a strategy and plan to address the proliferation of informal settlements across the country with a special focus in the big cities and metros,” Simelane said.

The Minister made the call at the inauguration of human settlements entities’ boards and councils in Kempton Park on Friday.

The session introduced and empowered newly appointed boards and council members to the human settlements value chain.

In her address, Simelane underscored the need to address the spatial legacy of colonialism and apartheid, which perpetuates inequalities in land access and homeownership, with most people living in concentrated, poverty-stricken areas with limited access to social and economic amenities without security of tenure.

The Minister noted the department’s commitment to deliver 237 000 housing units for households earning less than R3 500 per month, prioritising well located land near economic opportunities and social amenities.

She said the Breaking New Ground (BNG) houses and Catalytic Projects were being implemented to integrate housing, transport, economic activities, and social services.

Efforts would require that the department work in collaboration and ensure that the boards and councils play their crucial role of oversight and support, to ensure efficiency.

“It is our collective responsibility to ensure that there are sustainable human settlements, and we help to transform the spatial legacy of apartheid and build an inclusive society in line with the priorities of the seventh administration, as earlier articulated.

“We must use the legislation and other empowering provisions at our disposal to restore the dignity of the historically disenfranchised,” Simelane said.

The Minister acknowledged the serious problem of blocked housing projects facing the department and its entities.

The Minister called for support of the Finance Linked Individual Subsidy Programme (FLISP,) now known as the First Home Finance (FHF) Programme, and to make sure it gains the necessary traction to reach the targeted people.

“It might have not been adequately marketed, and it is the responsibility of the NHFC to make sure the programme is well communicated. Surprisingly, after I mentioned this programme during the SONA (State of the nation Address) debate, a lot of people started making enquiries about it, we will therefore have to lift our messaging in this regard. 

“This will in earnest address the issues of limited housing finance for the missing middle. It will also contribute to the noble efforts of the transformation of the property market and enhance the government’s participation in the housing finance,” the Minister said. – SAnews.gov.za

GabiK
Mon, 02/24/2025 - 10:39
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Read moreCall to intensify programme aimed at upgrading informal settlements
24 February 2025

Transparent tariff determination needed to address high private healthcare costs

Location: News

Transparent tariff determination needed to address high private healthcare costs

Minister of Trade, Industry and Competition, Parks Tau, has emphasised the importance of regulating private healthcare costs to guarantee that affordable healthcare remains accessible to the majority of South Africans.

“There is a serious concern about access to private healthcare in the country, given the high levels of market concentration and high prices,” he said on Tuesday. 

The Minister was speaking at a joint media briefing with Health Minister Dr Aaron Motsoaledi to share progress on implementing the recommendations from the Health Market Inquiry (HMI) into the private healthcare sector.

The HMI, conducted five years ago by the Competition Commission and chaired by former Chief Justice of South Africa, Justice Sandile Ngcobo, identified numerous factors that impede competition within the private healthcare sector.

Key issues highlighted include an unregulated supply side in service provision, a lack of transparency in pricing, exclusive contracts, and various anticompetitive practices that create barriers for new entrants.

In addition, the HMI noted that the absence of a tariff determination framework, among other factors, contributes significantly to these inefficiencies.

“Importantly, given the lack of a structured price determination framework, the HMI found that there has been abuse in the pricing of Prescribed Minimum Benefits, as well as non-Prescribed Minimum Benefits, in the form of overutilisation of services and co-payments, thus driving up the cost of healthcare.”

On 14 February 2025, Tau published the Draft Interim Block Exemption for Tariffs Determination in the Healthcare Sector after engaging in consultations with both the Competition Commission and the National Department of Health.

This exemption is designed to fill the regulatory gap in tariff determination, aligning with the recommendations put forth in the 2019 HMI.

Its primary objectives are to establish a collaborative multi-stakeholder framework for regulating healthcare tariffs, enhance price transparency, and ultimately drive down costs for consumers.

Currently, Tau said there is no structured and transparent framework for determining tariffs for healthcare services.

“Due to the lack of a formal tariff determination framework, consumers are faced with uncertainty on prices, potential balance billing, and tariffs which are not determined through a transparent process. 

“As a result of this gap in tariff determination, patients, medical schemes, and even smaller healthcare providers are often disadvantaged.” 

The draft block exemption enables healthcare stakeholders to collaborate effectively on tariff-setting and related issues, aiming to enhance affordability and lower costs.

It encompasses agreements for the collective determination of tariffs for healthcare services, the establishment of standardised diagnosis codes, and the implementation of quality measurement criteria.

This multi-stakeholder framework introduces a transparent and structured approach to tariff determination, ensuring that the interests of all parties involved are balanced and represented.

To facilitate this process, the Tariffs Governing Body (TGB) and the Multilateral Negotiating Forum (MNF) have been established to oversee and promote collaborative tariff-setting.

He noted that the framework excludes private hospitals due to their considerable market power, promoting collective bargaining among medical schemes and healthcare providers to ensure that services remain affordable for consumers.

According to the Minister, the exclusion of private hospitals from the block exemption pertains specifically to their dominant market position, which applies only to hospital fees related to admission and does not extend to treatment fees.

“The publication of the draft interim block exemption marks a critical step towards addressing the cost of access to healthcare and promoting transparency in the healthcare market.” 

Meanwhile, Motsoaledi noted the escalating cost of private healthcare in South Africa, with medical price inflation (MPI) at 9.5% compared to a consumer price index of 4.5 to 4.6%. 

According to the Health Minister, the lack of structured tariff setting has led to varying prices and blame towards the State. 

He said the Competition Commission’s 2004 ruling prohibited collective negotiation of prices, leading to a “lacuna” in tariff-setting.

According to Motsoaledi, various attempts to regulate prices, including the National Health Reference Price List and the Health Professions Council of South Africa’s guidelines, faced opposition and legal challenges.

“In our country, it is generally agreed that the cost of private healthcare is now beyond the reach of most South Africans. 

“We would be right to assert that it has become an uncontrollable expenditure. This affects every aspect of South African life.”

The Minister noted the HMI recommended the establishment of an independent Supply-Side Regulator for Healthcare (SSRH) restructuring licensing, creating a single data repository, and negotiating private sector prices through a multilateral forum. 

The inquiry also advocated for eradicating the fee-for-service payment system and implementing a standard benefit package under National Health Insurance (NHI). 

However, Motsoaledi said he noted the National Treasury’s reluctance to form new public entities, which poses a challenge. 

“It is for these reasons that we are implementing some of the recommendations of HMI as a temporary stop-gap measure which will be progressively upgraded to the levels envisaged. 

“We are doing this because naturally the phased-in implementation of NHI is going to take longer and we need the interim to relieve the pressure which people experience when seeking healthcare services,” he added. – SAnews.gov.za

 

 

Gabisile
Mon, 02/24/2025 - 12:21
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Read moreTransparent tariff determination needed to address high private healthcare costs
24 February 2025

Deputy Minister to open construction and built environment forum

Location: News

Deputy Minister to open construction and built environment forum

Public Works and Infrastructure Deputy Minister Sihle Zikalala will open the Construction and Built Environment Stakeholder Forum and Expo in Pretoria, on Tuesday.

The forum is expected to explore the adoption of new technology in order to keep the industry competitive and adaptive to the climate changes.

This as the country grapples with issues of safety at construction sites and the risks posed by adverse weather conditions on properties, humans and building systems in the country.

Innovative ways of construction and building are required to save lives and improve the building and construction sector.

The theme for the forum is: “Building Stronger Partnership for Sustainable Innovation”.

The Building and Construction Expo which focuses on technology is convened by Agrement South Africa (ASA), an entity of the Department of Public Works and Infrastructure.

ASA was established to be the leading regulator of non-standardised construction products and systems in South Africa. 

The forum and expo which will feature construction and built environment professionals and associations will provide a platform for stakeholders to share insights, challenges and opportunities in the adoption of innovative building technologies for the competitiveness and safety of the industry.

Some of the innovative technology options will be on display during the engagement. – SAnews.gov.za

Edwin
Mon, 02/24/2025 - 12:51
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24 February 2025

M&As Reflect Growing Global Interest in African Mining

Location: Business
Energy Capital & Power

International mining stakeholders are increasing their access to Africa's mineral resources through joint ventures, acquisitions and stakes in local projects. Meanwhile, African countries and operators are leveraging these partnerships to enhance capital, accelerate project development and meet ambitious production targets.

The upcoming African Mining Week (AMW), taking place in Cape Town this October, will spotlight mergers and acquisitions (M&A), offering African projects a platform to showcase opportunities and providing global investors the stage to present growth strategies for Africa's expanding mining sector.

Recent research by the Economist Intelligence Unit indicates that foreign investment in Africa's mining industry is poised for significant growth in 2025, building on strong momentum established in 2024. Several key transactions highlight this trend. Earlier this month, UK-based Altona Rare Earths finalized its acquisition of an 85% stake in Botswana's Sesana Copper-Silver Project from Ignate Minerals, committing significant capital to accelerate exploration and mine development. In December 2024, Australian mining firm Patriot Lithium acquired a 90% stake in Zambia's Kitumba Copper Large Scale Exploration License from Newlight Nominees Zambia, enabling increased funding for exploration and production activities. Similarly, in October 2024, Jubilee Metals, a UK-based company, acquired Project G, its second open-pit copper asset in Zambia, as part of a strategy to boost investments and raise copper output to 25,000 tons per year.

Recent M&A activity in Africa's mining sector is reshaping the industry, improving operational efficiencies and creating new pathways for innovation and technology transfer. For African nations, these investments bring new opportunities for job creation, infrastructure development and access to global markets, fueling economic growth. Additionally, the influx of foreign capital and expertise enhances local capabilities, enabling African countries to harness their natural resources more effectively while addressing challenges like underdeveloped supply chains and limited financing for exploration.

In South Africa, M&A activity reached $10 billion between June 2023 and 2024, with 32 deals closed, compared to 24 year-on-year, according to PwC. Among the notable deals, Kenya's Marula Mining secured a 51% stake in South Africa's Mansera Kruisrivier Cobalt Holding Company in July 2024, funding feasibility and aerial studies to advance the project. Meanwhile, China's Baowu Steel Group acquired stakes in Guinea's Simandou Project, the world's largest untapped iron ore deposit, in June 2024. In Mali, Ganfeng Lithium secured an operational stake in the Goulamina Lithium Mine in a $342.7-million deal with Australia's Leo Lithium in May 2024. The UAE-based International Resource Holdings also entered the market, acquiring Zambia's Mopani Copper Mines for $1.1 billion in May 2024, enhancing exploration and production capabilities at one of the country's largest copper facilities.

As African nations focus on boosting mineral production to drive economic growth, M&A activity is expected to intensify, with global partners seeking greater stakes in the continent's abundant resources. Against this backdrop, the upcoming AMW will play a crucial role in shaping Africa's M&A landscape by facilitating project showcases, fostering partnerships and advancing deal signings that will define the future of the mining sector.

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energy 2025 conference (https://AECWeek.com/) from October 1 -3. in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com

Distributed by APO Group on behalf of Energy Capital & Power.

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