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You are here: Home / Archives for News

News

8 August 2023

Maximize Your Cash Flow: Clear Your Stagnant and Obsolete Inventory

Location: MyPR

In the dynamic world of business, inventory management plays a crucial role in determining cash flow and overall success. However, for importers, retailers, and manufacturers, stagnant and obsolete inventory can become a significant hindrance to their financial health. If you find yourself burdened with dated and passed-season inventory, tying up valuable warehouse space, here’s some …

Read moreMaximize Your Cash Flow: Clear Your Stagnant and Obsolete Inventory
8 August 2023

City of Cape Town granted urgent interdict against taxi council

Location: News

“Stop this madness as soon as possible,” says Judge

Read moreCity of Cape Town granted urgent interdict against taxi council
7 August 2023

AI-Impact Awards Launches In South Africa

Location: MyPR

Inspirational Alkebulan Immigrants Impact Awards (Awards) to Celebrate the Extraordinary Contributions of Immigrants and Refugees in South Africa. [Johannesburg, 4 August 2023] – The highly anticipated Alkebulan Immigrants Impact Awards (AIIA) were officially launched on 3 August 2023, heralding a momentous occasion to recognize and honour the exceptional achievements and positive impacts of immigrants and …

Read moreAI-Impact Awards Launches In South Africa
4 August 2023

Qatar Contributes to Fundraising Campaign for Orphanage in South Africa

Location: News

Ministry of Foreign Affairs of The State of Qatar
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The State of Qatar has contributed to a fundraising campaign for the Utandu Orphanage in Pumalanga, the Republic of South Africa, as part of the celebration of Nelson Mandela International Day.

The State of Qatar was represented at the ceremony by Acting Chargé d'Affaires of the Embassy of the State of Qatar in the Republic of South Africa, Khalid Mohammad Al Sharshani. HE Deputy Minister of International Relations and Cooperation of the Republic of South Africa Candith Mashego-Dlamini also attended the event.

Al Sharshani said in a speech that the State of Qatar invests in the Nelson Mandela International Day to alleviate poverty and suffering among needy communities, stressing the need to take care of children and ensure the best living conditions for them to grow in a healthy environment.

Mashego-Dlamini hailed her country's partnership with the State of Qatar, noting in this context the distinguished relations between the two countries that began a long time ago. 

Distributed by APO Group on behalf of Ministry of Foreign Affairs of The State of Qatar.

Read moreQatar Contributes to Fundraising Campaign for Orphanage in South Africa
4 August 2023

Thousands of commuters stranded, vehicles petrol bombed and traffic gridlocked as taxi strike causes chaos on Cape Town roads

Location: News

City seeking urgent interdict against the taxi strike

Read moreThousands of commuters stranded, vehicles petrol bombed and traffic gridlocked as taxi strike causes chaos on Cape Town roads
3 August 2023

MyCiTi the focus of Cape Town’s novel public transport business region

Location: News

A 15-year public transport plan passed by Council focuses on road-based public transport in the face of collapsed rail system

Read moreMyCiTi the focus of Cape Town’s novel public transport business region
3 August 2023

NPA won’t prosecute Mbalula

Location: News

NPA won't prosecute Mbalula

The National Prosecuting Authority (NPA) has decided it will not prosecute former Sport, Arts and Culture Minister Fikile Mbalula in relation to his family holiday in Dubai.

This matters relates to the Public Protector's report, released on 19 December 2019, that the NPA should look into the allegation that Sedgars Sports funded the Mbalula family holiday in Dubai between December 2016 and January 2017, when he was the Minister of Sport, Arts and Culture.

The referral from the Public Protector was to investigate whether the trip was proceeds of money laundering, with the view to prosecute anyone who may have been involved in criminal activities.

A police docket was registered at Brooklyn police station, CAS 158/08/2019.

“After police investigations, guided by the prosecutors in the Pretoria Specialised Commercial Crime Unit office, and the Director of Public Prosecutions (DPP) office, a decision to decline to prosecute anyone in this matter was taken, as there is no evidence supporting allegations of criminal activity,” the NPA said on Wednesday. - SAnews.gov.za

 

nosihle
Thu, 08/03/2023 - 09:33

Read moreNPA won’t prosecute Mbalula
3 August 2023

Congratulations Banyana Banyana!

Location: News

Congratulations Banyana Banyana!

Sport, Arts and Culture Minister Zizi Kodwa has expressed immense pride in Banyana Banyana, South Africa’s national women’s football team, for progressing to the Round of 16 at the FIFA Women’s World Cup taking place in Australia and New Zealand.

In a memorable match on Wednesday, Banyana Banyana beat Italy 3 – 2 in Wellington, New Zealand. With this victory, Banyana Banyana became the first senior South African football team to qualify for the knockout round of a FIFA World Cup.

“Banyana Banyana have not only displayed great talent on the field, but they have also shown great fight. Their match against Italy was a must win game. Banyana Banyana showed just what makes them the pride and joy of South Africa, by matching toe to toe against the world’s top teams and creating history once again.

“I am thrilled that Banyana Banyana found it in them to get the necessary result to qualify for the Round of 16 in the FIFA World Cup. Banyana Banyana is an incredibly special team. All 60 million South Africans are behind this team and want them to do well.

“I would like to congratulate Banyana Banyana on making history. They have shown that they belong on the world’s top football stage. I urge the nation to continue to rally behind the team, as they seek to create even more history,” the Minister said. – SAnews.gov.za

nosihle
Thu, 08/03/2023 - 09:42

Read moreCongratulations Banyana Banyana!
3 August 2023

Indian Prime Minister Shri Narendra Modi speaks with President of South Africa

Location: News

Ministry of External Affairs - Government of India
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Prime Minister Narendra Modi had a telephone conversation today with His Excellency, Mr. Matemela Cyril Ramaphosa, President of the Republic of South Africa.

The two leaders positively assessed the progress in bilateral cooperation, including in the context of the thirtieth anniversary of establishment of bilateral diplomatic relations being celebrated in 2023.

President Ramaphosa invited PM for the BRICS Summit being hosted by South Africa on August 22-24, 2023 and briefed him on the preparations for the same. PM accepted the invitation and conveyed that he looked forward to his visit to Johannesburg to participate in the Summit.

They also exchanged views on a number of regional and global issues of mutual interest.

President Ramaphosa conveyed his full support to India's initiatives as part of its ongoing G-20 Presidency and said that he looked forward to visiting India to attend the G-20 Summit.

The two leaders agreed to remain in touch.

Distributed by APO Group on behalf of Ministry of External Affairs - Government of India.

Read moreIndian Prime Minister Shri Narendra Modi speaks with President of South Africa
3 August 2023

Advanced metering hardware manufacturing project to be rolled out in SA  

Location: News

Advanced metering hardware manufacturing project to be rolled out in SA  

A multimillion rand project set to establish two Advanced Metering Infrastructure (AMI) hardware mass production facilities and 13 distribution satellite warehouses is to be rolled out nationwide.

The project will be administered and managed by Madinda Utilities, a Pretoria-based AMI hardware manufacturer and utilities diagnostics specialist company that has over 25 years of industrial experience in utilities cost-optimisation, diagnostics, sustainable renewable energy resources hardware distribution, installations and administration. 

The company pledged an investment of R600 million at the South African Investment Conference that was hosted by President Cyril Ramaphosa in Johannesburg in April.

Madinda Utilities is engaged in the deployment of the African Utilities Distribution Industry – Growth Portfolio Investment (AfUDI-GPI) project aimed at reducing municipal utilities’ revenue collection and distribution losses, token identifier (TID) rollover deadline readiness calibration, distribution asset acquisition and asset exponentiation through the South African Municipal Bond market.

According to the Managing Director of Madinda, Ogi Madinda, the purpose of the project is to roll out advanced metering infrastructure nationally.

“The end product consists of tamper-proof, state-of-the-art electronic/digital hardware and software, which combine interval data measurement with its continuously available remote communications. 

“The system is the quintessential full measurement and collection system that includes meters at the customer site, communication networks between the consumer and their distributor, such as an electric, or water utility/distributor, and data reception and management systems that make the information available to both consumers and suppliers,” Madinda said. 

He added that the system will allow consumers to receive real-time energy pricing and offers from the utility to manage their meter. This will enable them to benefit from lower bills, while utilities benefit from a stable load on the grid and less need to invest in expensive new capacity. 

“This is a turnkey solution for efficiency in the energy sector in South Africa. The project will enable South Africa to manufacture its own smart-grid hardware, which is currently designated for local manufacturing and content and only available through importation, solve a national utilities distribution problem and enable the country to join the global supply chain in this sector by establishing its own mass production plant for DLMS/COSEM compliant AMI hardware,” he said. 

He explained that ultimately it will prevent outages, massive revenue collection losses and excessive load shedding with long-term benefits. 

The long term benefits include utilities diagnostics integrity, distribution assets security and longevity, revenue collection protection and enhancement, increase in operational efficiency and performance, enhancement of customer service, demand response, demand-side management including outage detection and service restoration, enablement of customer engagement as well as reduction of greenhouse gas emissions. 

The project's deployment is the African Electro-technical Standardisation Commission’s (AFSEC) recommended solution to prevent the distribution system’s demise resulting in regular and intermittent black-outs, outages, massive revenue collection losses and excessive load shedding. 

Gaps to be addressed will include AMI migration, supplier development and localisation contribution, unemployment, skills development contribution and sustainable energy renewable resources distribution and installations, amongst others. 

According to Madinda, the AMISA project has already been approved for grant funding from COP24's Sustainable Development Goals to the value of more than $126 million.

The project will be rolled out in two phases, with the first phase expected to create 1 225 direct jobs, 2 770 indirect jobs in construction as well as 2 775 direct operational jobs with 26 576 indirect jobs. Humanitarian benefits will include directly addressing 15 of the 17 Sustainable Development Goals. 

“The project will effectively revive the revenue collection systems of municipal distributors to profitability and liquidity; conduct continental hardware calibration and security compliance for the TID Rollover Deadline increase job opportunities, skills transfer and defuse poverty and achieve utilities distribution efficiencies for 186 municipalities and Small Scale Embedded Generation Interconnection Projects that will improve their category grading, rendering municipalities equitable, profitable and sustainable to their constituencies - allowing even the smaller municipalities to benefit from the South African Municipal Bond Market,” Madinda said. – SAnews.gov.za

 

DikelediM
Thu, 08/03/2023 - 10:28

Read moreAdvanced metering hardware manufacturing project to be rolled out in SA  
3 August 2023

Women’s Month highlights advancement in socio-economic emancipation

Location: News

Women's Month highlights advancement in socio-economic emancipation

KwaZulu-Natal Premier, Nomusa Dube-Ncube, says Women’s Month is a time to highlight the plight of women and equally reflect on the strides made as a country in the advancement of women’s socio-economic emancipation.

Dube-Ncube made the remarks as the country kick starts the 2023 Women's Month commemoration under the theme, 'Accelerating Socio-Economic Opportunities for Women’s Empowerment'.

“The 2023 Women’s Month programme gives us an opportunity to shine the spotlight on the role that women can play in the revival of our economy by creating business and job opportunities in all sectors of our economy,” Dube-Ncube said.

The Department of Women, Youth and Persons with Disabilities (DWYPD), in partnership with the Department of Sport, Arts and Culture (DSAC), KwaZulu-Natal Provincial Government and various government entities, this week launched the 2023 Women’s Month in Durban.

Dube-Ncube said this year’s Women’s Month programme will focus on acceleration of socio-economic programmes and activities that are undertaken across the different sectors to fast-track gender mainstreaming.

Dube-Ncube called on women to grab the opportunities that are available, as South Africa has unique products that can be sold to global markets. 

She also urged them to speak out about the various forms of abuse experienced by women, both at home and in the workplace.

“August is a significant milestone in our history, as it marks the commemoration of  Women Day in South Africa and we celebrate the historic achievements of women in the fight for justice, equality, sexual and gender discrimination, and human rights abuse,” Dube-Ncube said.

BRICS roadshow

The Women’s Month launch culminated in the BRICS (Brazil, Russia, India, China and South Africa) roadshow, where Dube-Ncube met with BRICS Women Business Alliance (WBA) members and discussed the logistics of the upcoming BRICS Africa Trade Conference, which is scheduled to take place from 20 - 21 August 2023.

“We are not just merely launching the Women’s Month programme. We have brought in business and representatives of BRICS countries to come and have a conversation with us about opportunities that exist for women.

“We are discussing the energy sector and the role that women must play there. We are discussing access to the job market, finance and how we can now aggressively push that envelope to ensure that these things are realised,” Dube-Ncube said.

She said in the last few weeks right up to October 2023, KwaZulu-Natal has positioned itself as the theatre of BRICS conversations. 

“On 21 June, we hosted the BRICS Sport Ministers, and on 14 July, it was the BRICS Gender Dividend Dialogue. The BRICS Urbanisation Forum took place on 26 and 27 July and on 20 - 21 August, we are hosting the BRICS Africa Women's Business Alliance Trade Conference and in October, it will be BRICS games,” Dube-Ncube said. – SAnews.gov.za

GabiK
Thu, 08/03/2023 - 10:38

Read moreWomen’s Month highlights advancement in socio-economic emancipation
3 August 2023

Exposed: The Sunday World’s lucrative partnership with the Lottery

Location: News

The newspaper got millions of rands of Lottery advertising and also ran stories to counter exposés of corruption

Read moreExposed: The Sunday World’s lucrative partnership with the Lottery
3 August 2023

Hollywoodbets Announced As The Sharks Novel Title Sponsor

Location: MyPR

Today, The Sharks unveiled Hollywoodbets as their new title sponsor. This is the next exciting chapter in a formidable partnership that started in 2019, which sees the Purple Team now acquire title sponsorship, in addition to stadium naming rights of the iconic Hollywoodbets Kings Park. Commenting on this exciting announcement, The Sharks’ CEO, Dr Eduard …

Read moreHollywoodbets Announced As The Sharks Novel Title Sponsor
3 August 2023

Rezoning Your Property In 2023: An Opportunity For Growth?

Location: MyPR

Many South African property owners find themselves questioning how they can make the most of their assets. One strategy that is emerging as a viable option for a diverse set of property owners is the idea of rezoning. This involves changing the designated use of a property as defined by local ordinances from one category …

Read moreRezoning Your Property In 2023: An Opportunity For Growth?
3 August 2023

Victory over matter

Location: News

Victory over matter

By Neo Semono

Women’s Month got off to a thrilling start - thanks to the endeavours of South African women on the sporting terrain demonstrating that women can do anything they set their minds to.

Anxiety ruled supreme for those watching the midweek game between Banyana Banyana and Italy after which ululations were undoubtedly the order of the day.

While Banyana Banyana were crowned champions of the Women’s African Cup of Nations last year, this time around they were facing a team ranked 16th on the FIFA Women’s World Ranking and that was no easy feat.

While that may sound bias, life has not been easy for many women in South Africa and indeed for many others around the world.

The national senior women’s team didn’t just show up for the clash, but they made history in their nail biting finish.

While ululations in true South African style continue, reflecting on the fixture shows that the match served as a conduit of the country’s hopes and aspirations at a time when the country is tackling many a challenge.

Post the match, many young girls that have been playing soccer on imperfect pitches to pass the time are likely contemplating taking up the sport professionally, despite challenges.

The euphoria we find ourselves in as a result of their win, highlights the fact that with determination, nothing is impossible.

Three-days into Women’s Month, Banyana Banyana, made history becoming the first senior South African football team to qualify for the knockout round of the World Cup underway in New Zealand and Australia.

 They however are not the only women making the nation proud.

The SPAR Proteas team drew with New Zealand in a spirited game in the Netball World Cup that South Africa is hosting in the Western Cape.

With additional pressure of the world cup being hosted on African soil for the first time, the Proteas gave it their all, drawing with the defending champions. While there are other matches still to go, the ladies are flying the South African flag high.

This is in addition to the feat of Tatjana Schoenmaker on her 200m breaststroke victory. The win has made her the first South African woman to win gold at the World Aquatics Championships.

Sport indeed has the power to unite a nation enmeshed in the very real daily challenges of unemployment, gender-based violence and poverty, among others.

Across communities, office parks and indeed the international community, women in sport are the talk of the town.

Just as there are challenges in other sectors of our society, sport has not been spared with gender disparity in relation to income still to be adequately addressed. 

In taking cognisance of the challenges of women sport, Cabinet recently approved the gazetting of the draft Policy on Women in Sport for public comment.

The policy outlines a set of measures that will promote and support women in sport and ensure programmes are in place to address gender disparities in sporting codes and structures.

It also addresses barriers to entry by women in sport such as a lack of funding, sponsorship and inadequate remuneration. The proposed policy intends to promote increased active participation of women in sport and leadership roles such as coaching and officiating.

Women in sport are proving that despite the uphill challenges, the human spirit is resilient and does triumph over adversity. They are living proof. While much has been done to advance the interests of women, much more remains to be done to support them in many other areas of society.

Win or lose, we all should be proud of their accomplishments. The women who marched to the Union Buildings 67 years ago would certainly be.- SAnews.gov.za

 

Neo
Thu, 08/03/2023 - 15:03

Read moreVictory over matter
3 August 2023

Ride KTM Durban Announces Women’s Day Outride

Location: MyPR

To celebrate Women’s Day, Ride KTM Durban is proud to invite ladies who love motorbikes to join them for a special outride event on Wednesday, 09 August 2023. Join local legend Keryn Ehlers as the Ride KTM Durban teams heads to The Barrel pub and restaurant on Main Road, Shaka’s Rock, Salt Rock, and enjoy …

Read moreRide KTM Durban Announces Women’s Day Outride
3 August 2023

Pandor to host her Recent Zealand counterpart in Cape Town 

Location: News

Pandor to host her New Zealand counterpart in Cape Town 

The International Relations and Cooperation Minister, Dr Naledi Pandor, will host her counterpart in New Zealand, Nanaia Mahuta, on Friday, 5 August, in Cape Town.
 
“It is expected that the two Ministers will discuss bilateral relations between South Africa and New Zealand, as well as the situation in Africa, Ukraine-Russia, women empowerment, science, technology, nuclear disarmament, and United Nations Security Council reform,” the statement read. 
 
Since the establishment of diplomatic relations in 1994, the department said South Africa and New Zealand have signed nine agreements. 

Additionally, the two Ministers will sign a Memorandum of Cooperation (MoC) on bilateral cooperation.
 
New Zealand’s ties with South Africa range from trade and tourism, agriculture, disarmament, fisheries, environment, indigenous and human rights issues as well as sports.

The media are invited to cover opening remarks by Ministers Pandor and Mahuta at the Westin Cape Town at 8:00. – SAnews.gov.za
 

Gabisile
Thu, 08/03/2023 - 12:36

Read morePandor to host her Recent Zealand counterpart in Cape Town 
3 August 2023

Control over Meta and Google, ensuring food security and technological transfer

Location: News
BRICS Competition Law and Policy Centre

On July 28, on the margins of the second Russia-Africa summit, a meeting of the expert panel of antimonopoly agencies "Combating Anticompetitive Practices of Large Transnational Corporations, Suppressing Cross-border Cartels and International Cooperation" was held. The panel participants, including heads of antitrust agencies of African countries, discussed a number of important topics related to antitrust regulation. Key issues included the challenge of regulating global digital monopolies, the role of antitrust in ensuring global food and human security, and equitable participation of all countries in the global economy and access to technology transfer tools.

In his foreword Alexey Ivanov, Director of BRICS Competition Law and Policy Centre highlighted that "Antitrust law originally originated under conditions of uncertainty. In post-war Europe, in Russia during the transition to a market economy, in China with the beginning of the policy of reform and opening up, in South Africa after the fall of the apartheid regime and in Brazil with the end of the dictatorship, the adoption of antitrust laws helped the economic system to reach a new level of development. Now, in the context of global uncertainty, the question of the role of antitrust law arises again. Modern global monopolies can only be countered by the same global antitrust initiatives, which can only be realized in the interstate format, which is currently represented by BRICS+, to which the new members from African countries are also gravitating."

The initiative to establish a Commission on Competition and Consumer Welfare in Africa was further developed. It is the second attempt for regulators from Kenya, Egypt, Mauritius, Nigeria, South Africa, Morocco, Gambia, Mauritius, Nigeria, South Africa, Morocco, Zambia and the Commission (COMESA), which includes 21 other African countries, to agree to proceed with the establishment of a working group for cooperation. The working group will focus on the sectors of e-commerce, aggregation services (online travel agencies and online classifieds), matchmaking services (search services and social platforms - Google and Meta, as well as e-call and delivery services such as Uber and Glovo), digital advertising (search and social media), fintech and cybersecurity.

“To date, we have been working in a coordinated manner to harmonize antitrust regulation through bilateral, regional and international cooperation among 29 African states. Normally, it takes decades from the negotiation of agreements to the adoption of laws and the formation of regulatory institutions to control competition in the market, but we have managed to achieve significant results in just a few years. Today, it is important to continue developing this area, given the global nature of the challenges and the need to further deepen cooperation between competition authorities”, - Hardin Ratshisusu, Deputy Commissioner, Competition Commission of the Republic of South Africa has stated.

Another hot topic of discussion was the merger deal between Bunge and Viterra, an agribusiness giants with a strong presence in the markets of Brazil, South Africa and Egypt. The merger of the two companies may lead to imbalances in the international food market, including due to the establishment, if the deal is approved, of control over logistics in this area by the new player. This case made even more urgent the problem of developing infrastructure to detect and monitor cross-border cartel activity, which threatens not only direct economic costs, but also social and humanitarian risks.

“Bunge and Viterra, Bayer and Mansanta. We know what steps should be taken to consider such transactions that do not contradict the antitrust laws of different jurisdictions. But there are certain obstacles on our way to control the cross-border cartels. Their emergence threatens to significantly disrupt the normal operation of international trade. Cases of cross-border cartels and cartel collusions are difficult to both detect and investigate. This is due to the inconsistency and lack of universal norms on anti-corruption actions. One of the important principles of control over cross-border cartels should be the principle of extraterritoriality, allowing claims to be brought against the entire business structure of the offending company, not only against legal entities in a particular country. This will require a higher level of cooperation and trust between the antitrust services of individual countries,” – said Mahmoud Momtaz, Chairman of the Egyptian Competition Authority (ECA).

"Today, market power is determined by control over big data. That is, companies are accumulating information, and a network effect is occurring. And today antitrust regulators can no longer ignore these facts and should actively conduct coordinated work in relation to global digital monopolies, including more active application of the network effect criterion," - Ivanov added.

According to the expert panel discussion participants, one of the main problems of antitrust compliance control, as well as tools for investigations in this area, is the lack of technology and cooperation based on data exchange. Often such data can be sensitive to the domestic interests of individual countries. Exchanges between members of the global antitrust network can therefore only take place if there is trust. The development of joint initiatives and platforms for meeting and discussing such issues face-to-face should therefore lay the foundations for overcoming this problem.

At this point, the UN's support for African and Russian antitrust initiatives has been an important factor. Teresa Moreira - Head, Competition and Consumer Policy Unit, United Nations Conference on Trade and Development (UNCTAD) stated that UNCTAD supports initiatives at the regional and international levels that can further strengthen anti-competitive enforcement tools.

Ms. Moreira made a special mention of Russia's role in this process. "The foundations of mechanisms and tools for cross-border cartel control and, more broadly, for compliance with international competition law of UNCTAD's Section "F" were laid back in the 1980s, but for a long time remained recommendatory. Only recently, thanks to the proactive actions of the Russian antimonopoly authorities and the BRICS International Centre, it has been possible to re-launch this discussion and work on transferring these recommendations into the sphere of mandatory norms".

Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.

Media contact:
brics.competitioncenter@gmail.com

About BRICS Competition Law and Policy Centre:
The BRICS Competition Law and Policy Centre was established in 2018 by the BRICS competition authorities. The Centre's work is aimed at collecting and analyzing information from competition authorities, identifying best practices, but primarily at preparing recommendations and developing approaches to competition policy that reflect the interests of the development of the BRICS economies.  The key mission of the BRICS Competition Law and Policy Centre is to advance the development agenda and strengthen the role of competition regulation in overcoming imbalances in the global economy. The Centre brings together leading BRICS universities and independent researchers who are actively involved in the Centre's main research projects: on global food chains and on new approaches to antitrust regulation of the digital economy.

Media files
BRICS Competition Law and Policy Centre
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Read moreControl over Meta and Google, ensuring food security and technological transfer
3 August 2023

BRICS agriculture meeting to promote sustainable production

Location: News

BRICS agriculture meeting to promote sustainable production

Agriculture, Land Reform and Rural Development Minister, Thoko Didiza, will next week host the 13th BRICS Ministers of Agriculture meeting aimed at increasing cooperation among its member countries to promote sustainable and fair growth.  

BRICS is the grouping of the world’s leading emerging market economies, namely Brazil, Russia, India, China and South Africa.

The 13th BRICS Ministers of Agriculture meeting will take place from 8-12 August 2023 at Mookgophong, Modimolle-Mookgophong Local Municipality in the Waterberg District, Limpopo, 

Held under the theme, 'Strengthening collaborations towards sustainable agricultural production and increasing productivity', the meeting will seek to pursue issues of common interest relating to food security, climate change, rural development, economic challenges, poverty, and population growth. 

The department said the BRICS mechanism aims to promote development cooperation, security, peace, and establishment of a more equitable economic world. 

“The overall aim of BRICS agriculture cooperation is to improve access to food and increase comprehensive food production. The event will showcase rural development and climate change programmes,” the department said.

The meeting is hosted ahead of the 15th BRICS Summit to take place at the Sandton Convention Centre, Johannesburg, from 22 to 24 August 2023.

Last week, the department hosted the BRICS Road Show 2023 in Bloemfontein, Free State, which aimed to encourage debates, discussions, and conversations about the challenges confronting all provinces as an investment destination today and economies of scale.

The show also aimed to highlight programmes for economic development and sustainable job creation initiatives for small, medium and micro enterprises (SMMEs); increase initiatives on rural development and climate smart technologies; expand market access/trade agreements; conclude on protocols; and to increase training opportunities to post graduate students. – SAnews.gov.za

 

GabiK
Thu, 08/03/2023 - 12:38

Read moreBRICS agriculture meeting to promote sustainable production
3 August 2023

Doing Better – Re-Defining Success In Agriculture, Empowering Farmers, Nurturing the Environment

Location: MyPR

In a world increasingly plagued by pressing societal issues and environmental concerns, conscious individuals and companies are re-evaluating our roles and responsibilities, seeking ways to positively impact a better future. Post-COVID, this sentiment has only grown stronger, with a heightened awareness of the need to address sustainability, social well-being, and the welfare of our children …

Read moreDoing Better – Re-Defining Success In Agriculture, Empowering Farmers, Nurturing the Environment
3 August 2023

Big cats among victims as snare trapping spreads in Western Cape

Location: News

Plan launched to deal with problem, which is partly driven by food insecurity

Read moreBig cats among victims as snare trapping spreads in Western Cape
3 August 2023

Unlocking Financial Independence – The Power of Online Trading for Women

Location: MyPR

Titilayo Oyinsan The dynamic host of Women’s Wealth, supported by CMTrading, comments: “Inequality and limited financial literacy affect millions of women around the world. According to the International Monetary Fund (IMF), 65% of women have an account with a financial institution, when compared with 72% of men. Yet, a new study undertaken by the IMF …

Read moreUnlocking Financial Independence – The Power of Online Trading for Women
3 August 2023

Chikunga speaks out on Cape Town taxi-related violence

Location: News

Chikunga speaks out on Cape Town taxi-related violence

Transport Minister Sindisiwe Chikunga has noted with deep concern the recent incidents of violence in Cape Town related to law enforcement officials impounding taxis due to various infringements.

In a statement on Thursday, the Minister strongly condemned any form of violence from all parties involved in dealing with this impasse.

The Minister said she recognises the vital role that the taxi industry plays in providing essential transportation services to the public. She acknowledges the challenges faced by operators and drivers.

"However, resorting to violence and acts of aggression not only undermines the rule of law but also jeopardises the safety and well-being of passengers, law enforcement officials and innocent bystanders. It is crucial that all parties involved in this matter prioritise peaceful and constructive dialogue to resolve the issues at hand,” Chikunga said.

The Minister urged all stakeholders to work together and find common ground, without resorting to violence, in order to speedily address the challenges faced in the taxi industry.

She said government is committed to finding sustainable solutions to the challenges faced by the taxi industry.

The Minister called on all relevant stakeholders, including taxi associations, law enforcement agencies and government officials, to engage in open and transparent discussions to address grievances, improve regulations, and ensure the safe and efficient transportation of passengers.

She said she understands the frustrations and concerns of the affected parties, and encouraged them to express their grievances through peaceful means and established channels.

Chikunga urged all parties to explore mediation and negotiation processes to resolve conflicts and reach mutually beneficial agreements.

Furthermore, she called on the taxi industry to ensure compliance with the laws and regulations governing their operations.

“Adherence to these regulations not only promotes safety but also demonstrates a commitment to professionalism and accountability. All stakeholders must work together to foster an environment where the rights and responsibilities of both operators and passengers are upheld.

“I appeal to taxi associations, law enforcement agencies and all relevant parties to prioritise the well-being of the public and work towards finding a resolution that respects the rule of law. All parties must act responsibly and in the best interests of the passengers and the broader community,” the Minister said.

She assured the nation that she remains committed to ensuring a safe and reliable public transport system.

“All South Africans must play their part in fostering a culture of peace, respect and adherence to the law. By working together, we can overcome the challenges faced by the taxi industry and create an environment that benefits all stakeholders,” Chikunga said. – SAnews.gov.za

 

nosihle
Thu, 08/03/2023 - 10:44

Read moreChikunga speaks out on Cape Town taxi-related violence
3 August 2023

A Development Banker’s Dream

Location: News
African Development Bank Group (AfDB)

African Development Bank Group (www.AfDB.org) Vice President Solomon Quaynor has concluded a tour of Export Trade Group (ETG)'s southern Africa operations, signalling the potential for stronger partnership with the agribusiness giant to boost livelihoods on the continent.

Mr Quaynor, responsible for Private Sector, Infrastructure and Industrialisation, and four others from the Bank, visited ETG's operations in Mozambique, Malawi, Zambia and Zimbabwe last week, where they saw first-hand the impact of the firm's diverse agribusiness value chains and trade, supported by massive human capital and assets, including large warehouses and industrial machinery.

The Bank's team included Richard Ofori-Mante, Acting Director of Agricultural Finance and Rural Development; Damian Ihedioha, Division Manager for Agribusiness; Bleming Nekati, Chief Trade Finance Officer; and Patrick Mabuza, Principal Research Economist. They were joined by ETG's Joint CEO, Birju Patel and the Group Chief Treasury Officer, Paul Van Spaendonk.

Quaynor described the trip as “a development banker's dream”. “This has been a deeply insightful trip to Export Trading Group's integrated agro-industrialization operations in Mozambique, Malawi, Zambia and Zimbabwe. With a presence in over 30 countries, this glimpse into ETG's operations was a development banker's dream,” he said.

During the four-day trip, the Bank team visited ETG's fertilizer terminal, an inland container depot, fertilizer processing and blending plants, soya vegetable oil refineries, giant warehouses, some of which were filled with tonnes of grains, collection depots, plastic and candle factories, cashew processing plant and a textile factory.

Quaynor's team also interacted with farmer groups, including several women, agribusiness cooperatives and employees of ETG. The meetings provided useful insight into the scale and diversity of the company's activities in Southern Africa. Quaynor also used the opportunity to affirm the African Development Bank's commitment to help boost food production in Africa and foster inclusive development by investing in proven agri-businesses such as ETG.

He noted that the company's operations in Africa go beyond economic growth. “They strive to industrialise Africa, develop smallholder farmers, empower women, create jobs, engage with communities, achieve sustainability and develop value chains,” Quaynor said.

The Vice President said he was impressed with the Group's versatility in managing its diverse portfolio successfully amid persistent local and global headwinds. He noted that they are an innovative agro-industrialist, agro-infrastructure and financially hedged global company with core operations in Africa.

“We believe that ETG is a viable company that is committed to building a brighter future for Africans with gender equality, livelihood opportunities, self-sufficiency, community well-being, environmental stewardship, and collaboration from the pillars of inclusive and sustainable development in Africa. We are proud to be strategic partners with ETG on this remarkable growth story,” Quaynor said.

ETG, a global conglomerate with operations across multiple sectors, is present in 48 countries across five regions, including 30 African countries, where it runs more than 90 industrial plants and around 350 gigantic warehouses. It has a diverse portfolio spanning agriculture, logistics, infrastructure, agro-food processing, energy, minerals and supply chain optimisation.

The company has generated massive employment, including for youth and women. South Africa and Zambia are key countries for both origination and destination, with West Africa forming a key source of cocoa, sesame, and cashew and East Africa a key origin for pulses, sesame, coffee and edible nuts.

ETG CEO Patel underscored the impact of the partnership with the African Development Bank over the last eight years and stressed the Group's commitment to continue working together to improve livelihoods across Africa, “It is always exciting to cultivate partnerships with like-minded organisations that share our unwavering passion for the continent and its people”.

“Our steadfast dedication to enhancing livelihoods through facilitation of trade and market linkages, infrastructure development, agricultural support encompassing yield-enhancing inputs, agronomy services, and sustainable farming practices training, as well as strategic social investments, remains resolute and unyielding. We look forward to strengthening our relationship with the African Development Bank and creating a positive impact for all our stakeholders.”

The Bank and ETG recently signed a $150 million trade and agri-finance package. It comprises a $60 million facility to enhance the company's export functions, a $60 million agriculture  value-chain programme to boost production by offering top-notch farming tools and expert guidance to farmers in 10 targeted African nations, and a $30 million co-financing from the Africa Growing Together Fund. Disbursement will be concluded before the end of August 2023.

In 2016, the Bank provided a $100 million corporate loan with a seven-year tenor to finance ETG's capital expenditure investment programme covering fertiliser facilities, processing plants, and multi-commodity warehouses across Africa. This was followed by an additional $100 million Soft Commodity Finance Facility to support the firm's short-term import and export working capital.

These facilities supported ETG's operations in Benin, Burkina Faso, Ghana, Kenya, Malawi, Tanzania, Zambia, and Zimbabwe, creating over 6,710 jobs (including 1,290 for women) and significantly contributing to tax revenues across the continent. 

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:
Kwasi Kpodo
Communication and External Relations
w.kpodo@afdb.org

Technical contact:
Bleming Nekati
Financial Sector Development
b.nekati@afdb.org 

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African Development Bank Group (AfDB)
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