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You are here: Home / Archives for ONE

ONE

21 September 2023

Defence announces loss of three South African (SA) Navy submariners off Kommetjie

Location: News

Department of Defence, Republic of South Africa
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It is with deep sadness that the SANDF announces the tragic loss of three SA Navy submariners off Kommetjie on 20 September on board the SAS MANTHATISI. The families of the diseased members have been notified and military Chaplains and Social Workers are offering support to the family.

The names of the submariners who died are: Lieutenant Commander Gillian Elizabeth Hector (Executive Officer), Master Warrant Officer William Masela Mathipa (Coxswain) and Warrant Officer Class One Mmokwapa Lucas Mojela (Coxswain under training).

The Minister of Defence and Military Veterans, Ms Thandi Modise, Deputy Minister of Defence and Military Veterans, Thabang Makwetla, Chief of the South African National Defence Force, General Rudzani Maphwanya, the Chief of the South African Navy, Vice Admiral Monde Lobese and Flag Officer Fleet, Rear Admiral Musawenkosi Nkomonde have extended their deepest condolences to the bereaved families, friends, and colleagues of the submariners who tragically lost their lives.

The bereaved families have requested privacy during this difficult time, and we ask the media and the public to respect their wishes.

Distributed by APO Group on behalf of Department of Defence, Republic of South Africa.

Read moreDefence announces loss of three South African (SA) Navy submariners off Kommetjie
21 September 2023

Premium travel master brand ‘Cathay’ launches globally, powered by recent campaign ‘Feels Apt To Move’

Location: MyPR

Premium travel master brand ‘Cathay’ launches globally, powered by new campaign ‘Feels Good To Move’ Cathay will now be the master brand around the world, simplifying the way our customers interact with us Cathay is excited to announce that its new premium travel lifestyle brand is officially rolling out to markets around the world, celebrating …

Read morePremium travel master brand ‘Cathay’ launches globally, powered by recent campaign ‘Feels Apt To Move’
21 September 2023

Cape Town ordered to hold public hearings on sewage being pumped into the sea

Location: News

Environment minister criticises City’s previous lack of engagement

Read moreCape Town ordered to hold public hearings on sewage being pumped into the sea
21 September 2023

Africa among regions with highest number of industrial systems under attack in the first half of 2023

Location: News
Kaspersky

Malicious objects of all types were detected and blocked on 34% of Industrial Control System (ICS) computers in the first half of 2023, according to the ICS CERT landscape report (https://apo-opa.info/3LwG719) by Kaspersky (www.Kaspersky.co.za). In Africa over this period attacks were detected on 40,3% of ICS computers, placing it in first place among the other regions. The top industries under attack were energy (45,9%), engineering & integration (44%) and building automation (40%). All these attacks were blocked after detection.

ICS computers are used in oil & gas, energy, automotive manufacturing, building automation infrastructures and other spheres to perform a range of operational technology (OT) functions – from the workstations of engineers and operators to supervisory control and data acquisition (SCADA) servers and Human Machine Interface (HMI). Cyberattacks on industrial computers are considered to be extremely dangerous as they may cause material losses and production downtime for the controlled production line and even the facility as a whole. Moreover, industrial enterprises put out of service can seriously undermine a region's social welfare, ecology and macroeconomics.

An analysis of the most significant and targeted threats detected on ICS computers in selected countries of Africa in the first half of 2023 shows that the threat landscape can vary between countries and between industries due to the differences in the security maturity of different countries/industries and the current focus of threat actors. In South Africa in the first half of 2023 malware was detected and blocked on 29,1% of ICS computers, in Nigeria on 32,6%, in Kenya on 34,5% of machines.

There are different types of cyberthreats that OT-related computers face – malicious scripts, spy trojans, worms, ransomware, and others. In the first half of 2023 Africa had the highest percentage of ICS computers on which spyware was blocked (9,8%). The Middle East and Southeast Asia had similarly high percentages (8,3% and 8,1%). The global average stands at 6,1%. 

Africa was also the region with the highest percentage of ICS computers (14,8%) on which attacks from denylisted Internet resources were blocked (these are web resources associated with distributing or controlling malware). The global average is 11,3%.

Viruses and worms spread across ICS networks by means of removable media, shared folders, infected files, such as backups, and network attacks on outdated software. The percentage of ICS computers on which worms were detected was very high in Africa (7% vs. 2,3% global average), making this region the leader by percentage of ICS computers on which threats were detected after removable devices were connected.

“Africa's industrial landscape is diverse, ranging from large-scale mining operations to small-scale agriculture. This means that ICS cybersecurity solutions need to be adaptable to various sectors and technologies. In some regions, legacy ICS systems that lack modern security features are still in use. These systems are often more vulnerable to cyberthreats and require significant upgrades. Lastly, some critical infrastructure in Africa is located in remote areas with limited connectivity, which can make it difficult to monitor and secure ICS assets effectively,” comments Evgeny Goncharov, Head of Kaspersky ICS CERT. “By understanding these risks, organisations can make informed decisions, allocate resources wisely, and efficiently fortify their defenses. In doing so, they not only protect their bottom line but also contribute to a safer and more secure digital ecosystem for all.”

Read more about the ICS threat landscape in the first half of 2023 on the Kaspersky ICS CERT website (https://apo-opa.info/3LwG719).

To keep your OT computers protected from various threats, Kaspersky experts recommend:

  • Conducting regular security assessments of OT systems to identify and eliminate possible cyber security issues.
  • Establishing continuous vulnerability assessment and triage as a basement for effective vulnerability management process. Dedicated solutions like Kaspersky Industrial CyberSecurity (https://apo-opa.info/451Yguw) may become an efficient assistant and a source of unique actionable information, not fully available in public.
  • Performing timely updates for the key components of the enterprise's OT network; applying security fixes and patches or implementing compensating measures as soon as it is technically possible is crucial for preventing a major incident that might cost millions due to the interruption of the production process.
  • Using EDR solutions such as Kaspersky Endpoint Detection and Response (https://apo-opa.info/3OsQQvs) for timely detection of sophisticated threats, investigation, and effective remediation of incidents.
  • Improving the response to new and advanced malicious techniques by building and strengthening your teams' incident prevention, detection, and response skills. Dedicated OT security trainings for IT security teams and OT personnel is one of the key measures helping to achieve this.

Distributed by APO Group on behalf of Kaspersky.

For further information please contact:
Nicole Allman | INK&Co.
nicole@inkandco.co.za

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About Kaspersky:
Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky's deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company's comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help over 220,000 corporate clients protect what matters most to them. Learn more at www.Kaspersky.co.za.  

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Read moreAfrica among regions with highest number of industrial systems under attack in the first half of 2023
21 September 2023

KZN Premier calls for urgent action to respond to climate change

Location: News

KZN Premier calls for urgent action to respond to climate change

KwaZulu-Natal Premier Nomusa Dube-Ncube has called for urgent and collective action in order to respond to the impact of climate change.

This, the Premier said during an engagement with various strategic and alliance partners at the 2023 Climate Week in New York, must be accompanied by meaningful funding and the implementation of commitments.

Dube-Ncube bemoaned the fact that those who have contributed the least to climate change and are the most vulnerable -- mainly residing in the developing world -- have been the most affected by the impact of climate change. 

“Governments must strengthen the implementation of current policies and strategies to hold corporates responsible for their contribution to the climate change impacts and to ensure their accountability. 

“The corporates, on the other hand, must put their money where their values are. We urgently need collective action to mitigate, while we largely adapt to the climate change impacts,” Dube-Ncube said.

In its 15th year, Climate Week is regarded as the largest annual climate event of its kind, bringing together some 400 events and activities across the City of New York – in person, hybrid and online. 

Each year, business leaders, political change makers, local decision takers and civil society representatives of all ages and backgrounds, from all over the world, gather to drive the transition, speed up progress, and champion change that is already happening.

KwaZulu-Natal is one of the co-chairs of the Climate Group. The group acts as the Secretariat of the Under2Coalition, the largest network of subnational governments committed to reaching net zero emissions by 2050 or earlier.

KwaZulu-Natal represents the voices of the vulnerable people of Africa, as the Premier is the co-chair for the Africa Region.

This year, Climate Week NYC is being held from 17 - 24 September 2023. 

At the event, the Premier met with the Governor of California, Gavin Newsom, and the two discussed issues of common interest, including lessons on climate insurance, and establishing learning platforms, which will be shared by both KwaZulu-Natal and the California subnational government, to push the urgency of action. 

The two leaders also discussed climate risks and vulnerabilities, as both California and KwaZulu-Natal share similar experiences, which is flash floods, droughts and sea level rises.

Dube-Ncube said Climate Week and the engagement with the Governor could not have come at a more poignant time, as KwaZulu-Natal and the rest of Africa are more susceptible to violent weather patterns. 

The Premier said while making good progress, the province is still reeling from the April 2022 floods and its infrastructure has not yet fully recovered.

“Just this weekend, we witnessed devastating tidal waves in the south coast of KwaZulu-Natal which destroyed infrastructure and saw a number of people injured. This clearly demonstrates that our province is in the eye of the storm and, as a result, urgent action is required from all stakeholders,” Dube-Ncube said. 

On behalf of the provincial government, the Premier conveyed a message of support and condolences to the families of the victims of the high tidal waves, which left a trail of destruction in its wake.

Dube-Ncube said the conversations at the 2023 Climate Week will not end at the event but will shape the onward conversations of COP28, scheduled to take place in November/December 2023 in the United Arab Emirates.

“This is where governments and non-parties will be advancing the voice of inclusivity.

“As part of the underdeveloped and developing worlds, we carry a clear mandate to advance the aspirations of our regions and in particular, the African continent, for environmental justice, food security and financing of mitigation efforts,” the Premier said. – SAnews.gov.za

 

GabiK
Thu, 09/21/2023 - 10:02

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Read moreKZN Premier calls for urgent action to respond to climate change
21 September 2023

Rugby World Cup and Crypto: Two Worlds, Same Principles

Location: MyPR

What does rugby have to do with cryptocurrency? Well, unless you’re using it to buy tickets to watch the Bokke game or merchandise, the correlation may seem tenuous. Until you look at how this exceptionally strategic, dynamic and uniting sport provides all the guidelines every investor should have in place before making any financial decisions. …

Read moreRugby World Cup and Crypto: Two Worlds, Same Principles
20 September 2023

The Future of Television: Dive into the World of Smart TVs!

Location: MyPR

In today’s fast-paced digital age, technology is evolving at an unprecedented rate. One of the most significant advancements we’ve seen in the entertainment sector is the rise of Smart TVs. Gone are the days when televisions were merely a medium to watch your favourite shows or movies. Now, they’ve transformed into a hub of endless …

Read moreThe Future of Television: Dive into the World of Smart TVs!
20 September 2023

DPWI condemns disruption of Women in Construction event

Location: News

DPWI condemns disruption of Women in Construction event

Public Works and Infrastructure Minister Sihle Zikalala has condemned in the strongest possible terms an incident of disruption which took place at a Women in Construction event in Rustenburg, North West.

Zikalala attended the event at the invitation of the North West Chapter of the Black Business Council on the Built Environment, as part of taking the Department of Public Works and Infrastructure to various provinces.

The event was also attended by entities that fall under Zikalala’s portfolio, such as the Construction Industry Development Board (CIDB) and the Council for the Build Environment (CBE); departmental branches such as the Construction Project Management (CPM), Expanded Public Works Programme (EPWP), and the Human Capital Development. 

It was a platform to engage with women entrepreneurs, who had requested to be capacitated on programmes to enable them to take advantage of opportunities in the construction and infrastructure sector.

As the session commenced, Zikalala, who had been sitting with other panellists, a group of angry protestors stormed the event.

The group demanded that one of the panellists (the Chairperson of the North West Chapter of BBCBE), who was sitting next to the Minister be removed, claiming he does not represent them. They also accused him of swindling them of their money.

“The confrontation had nothing to do either with the Minister or the separtment but was about internal Black Business Council issues,” the Department of Public Works and Infrastructure said in a statement.

The security detail of the Minister reacted to protect the guest, as they were not aware of who the group was and their intention.

“While the Minister and the Department of Public Works and Infrastructure will not be drawn into internal ructions of the Black Business Council, it believes that it is inexcusable to deprive the many women, who had converged at the event an opportunity to benefit from information and knowledge that would have assisted their businesses. 

“The Minister has been leading the programme of economic inclusion within the construction and built environment sectors, especially focusing on women and the youth.

“The cry for people to be included in sectors of the economy is the priority the Minister has elevated and will continue to pursue across the country as part of the Economic Recovery and Reconstruction Programme,” the department said.

While the event proceeded, Zikalala urged all the aggrieved parties to resolve their internal differences without impacting negatively on the community at large, especially the vulnerable sectors, that still need to be propelled in sectors such as construction and infrastructure, which still exclude the majority and are dominated by males.

The police managed to calm down the situation and the event continued. Zikalala warned that government would not be held at ransom by people who have grievances of whatever nature. – SAnews.gov.za

Edwin
Wed, 09/20/2023 - 09:27

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Read moreDPWI condemns disruption of Women in Construction event
20 September 2023

Loadshedding Solutions in South Africa

Location: MyPR

Loadshedding has become a significant concern for many South Africans. The frequent power outages not only disrupt daily life but also impact businesses and the economy. However, with the rise of innovative loadshedding solutions, there’s hope for a brighter and more consistent future.   Understanding Loadshedding Loadshedding is a measure taken to prevent the power …

Read moreLoadshedding Solutions in South Africa
20 September 2023

The Evolution of Digital Marketing Agencies

Location: MyPR

In today’s fast-paced digital world, the importance of online marketing cannot be overstated. Whether you’re a small business owner or a multinational corporation, partnering with the right digital marketing agency can make all the difference in your online presence and overall success.   Initially, the concept of digital marketing was straightforward. Businesses needed a website, …

Read moreThe Evolution of Digital Marketing Agencies
20 September 2023

Securing Your Home: A Comprehensive Guide to Door Locks and Security Options

Location: MyPR

Introduction When it comes to home security, one of the first lines of defence is your door locks. Whether you’re concerned about protecting your family, your belongings, or just ensuring peace of mind, choosing the right door locks is crucial.    In this comprehensive guide, we’ll explore various types of door locks and security options …

Read moreSecuring Your Home: A Comprehensive Guide to Door Locks and Security Options
20 September 2023

Celebrating negroni week with a dash of Angostura

Location: MyPR

If ever there was a sophisticated cocktail that conjures up European piazzas and boulevards, it’s the negroni. Its ruby-hued, refreshingly bittersweet glow reflects haute couture rather than club tropicana. Not a Caribbean beach or a paper parasol in sight, the negroni should be simply garnished with a twist of orange peel to enhance the tantalisingly …

Read moreCelebrating negroni week with a dash of Angostura
20 September 2023

NSFAS collaborates with government agencies to identify unqualifying students

Location: News

NSFAS collaborates with government agencies to identify unqualifying students

Higher Education and Training Minister, Dr Blade Nzimande, says the National Student Financial Aid Scheme (NSFAS) will continue its collaborative work with other government entities to verify all applications for funding.

Nzimande said the scheme is working with the South African Social Security Agency (SASSA), South African Revenue Service (SARS), and the Department of Home Affairs to verify information submitted by students applying for funding.  

A report from the NSFAS Board shows that 45 927 students were correctly or erroneously disqualified for funding due to processing gaps, which fall under three broad categories. The three categories include Hybrid Applications, Missing Parental Relationships, and Latency Data from the Higher Education Information Management System (HEMIS). 

Hybrid Applications are continuing students who applied, while Missing Parental Relationships are first-time entering students, who were previously funded and later rejected because of additional parental relationships that were verified, based on additional information sourced from government agencies. 

On Hybrid Applications, Nzimande said, the report shows that about 14 703 records were continuing students who applied erroneously because of migrating from the old to the new system, and in some instances, it was students panicking because they did not see their funding status and applied for funding. 

“I can confirm that all these students are now funded. The balance of 31 224 students remains not funded and this is due to the assessment of financial eligibility, as NSFAS continues to pick up additional parental relationships and academic ineligibility,” Nzimande reported at a briefing on Tuesday. 

On the Missing Parental Relationships, Nzimande noted that some students had initially declared one parent or the “incorrect” parent, who was not picked up by the Department of Home Affairs, and as such, a decision was made to initially fund the student. 

“However, based on review of this trend, through a relationship matrix that is built internally at NSFAS, we established additional parental relationship of students. This was exposed to SARS verification and SARS came with the feedback that the combined family income of these families exceeds the threshold. This led to the discontinuation of funding for some of the students. 

“Another criterion is the Academic Eligibility review, which was incomplete due to the delays in data received from HEMIS and this impacted the N+Rule (the number of years students will receive funding to obtain a qualification),” the Minister said.

Over 170 000 appeals received

Nzimande said NSFAS has received a total of 178 426 appeals due to the disqualifications, and these include 63 331 appeals that were approved and 8 528 that were rejected. 

“Out of these 178 426 appeals received, 30 712 were invalid appeals, meaning students either withdrew or their appeals were duplicated. Then there are 41 438 appeals that required the submission of external dependencies, such as submission of documentation. 

“About 20 908 are awaiting supporting document appeals, meaning the student submitted incorrect documents at the time of appeal and were requested to provide further documents. In addition, 20 530 students, through results from Higher Education and Training and our institutions, indicate that they did not progress. Students appealed the decision and indicated that they have passed,” Nzimande explained. 

The Minister said 11 284 appeals are currently in evaluation, which are assigned to a case worker to process each appeal. 

He assured that all the appeals will be attended to urgently. – SAnews.gov.za

 

GabiK
Wed, 09/20/2023 - 10:51

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Read moreNSFAS collaborates with government agencies to identify unqualifying students
20 September 2023

The Digital Shift: How Modern Marketing is Pioneering Business Growth

Location: MyPR

The digital age has brought about a seismic shift in the way businesses approach marketing. Traditional methods, while still relevant, are being complemented and sometimes even replaced by innovative digital strategies. One of the primary drivers of this change is the rise of the marketing agency digital.   These digital-first agencies understand the nuances of …

Read moreThe Digital Shift: How Modern Marketing is Pioneering Business Growth
20 September 2023

Stellantis Invests ZAR 3 Billion in South Africa, Establishing State-of-the-Art Automotive Plant in Coega

Location: News
Stellantis

Stellantis (www.Stellantis.com) MEA COO Cherfan and SA Minister of Trade, Industry & Competition Patel shake hands on a new manufacturing plant in South Africa; Rapid progress has been made since the MOU signing in March 2023 with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (the dtic); this bold initiative reinforces Stellantis MEA Region's Dare Forward 2030 ambition to sell one million vehicles by 2030 with 70% regional production autonomy.

Stellantis has confirmed its intention to develop a greenfield manufacturing facility in Coega in South Africa with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (the dtic). Minister Ebrahim Patel, senior officials from the IDC and Mr. Samir Cherfan, Stellantis Middle East and Africa Chief Operating Officer met at the Parliament Buildings in Cape Town to agree on investment in the South African motor industry.

“It is a wonderful day for all South Africans when a global company of Stellantis' proportions decides to expand its manufacturing footprint in South Africa, to assemble completely knocked down units,” said Mr. Ebrahim Patel, Minister of Trade, Industry and Competition. “South Africa currently has the capacity to produce close to 700 000 vehicles annually. This will add considerable additional capacity, just as we prepare to implement the African Continental Free Trade Area. The country remains a great investment destination and this commitment from Stellantis to invest in our local motor industry highlights the success of our manufacturing sector policy, its capability and potential. We look forward to welcoming Stellantis to South Africa and sharing in the detailed plan for employment and investment”.

“We are delighted with the speed at which we are progressing on this project, thanks to the commitment of Minister Patel and the great collaboration with IDC, CDC and dtic teams,” commented Samir Cherfan-Chief Operating Officer Stellantis Middle East and Africa. “This project reflects our focus and trust in South Africa as one of the most important markets in Africa & Middle East. It is also the execution of our Dare Forward 2030 Strategy to reach over 22% Market Share in the region by 2030 with 70% regional localization of our sales leading to over 1 million units produced. We believe in South Africa and we intend to develop industrially and commercially bringing value to our customers”.

The manufacturing plant will be built in the South African Special Economic Zone (SEZ) in Coega situated near Gqeberha in the Eastern Cape province of South Africa. The greenfield manufacturing project is planned to complete by the end of 2025. The first launch planned early 2026 is a 1 T pick-up truck with volumes expected to reach up to 50,000 completely knocked down (CKD's) units annually including export, in line with the industry masterplan, known as the Automotive Production Development Program (APDP). The plant will be predisposed in terms of space and painting to go up to 90K units / year.

Direct employment to support the first capacity step is expected at 1000 jobs. Stellantis will be massively investing in over 500 000 hours in training and skills to develop and support the local teams to the level of global standards. We are targeting a localization rate over 30%.

“The Coega Development Corporation (CDC) is enthralled for Stellantis to have chosen the proposed site in Coega for their Southern African manufacturing operations. Joining other major manufacturers in the area makes the Coega region the primary automotive hub in the country. The investment in the plant, employment, training and skills transfer will certainly benefit the region tremendously. “This is a much needed and welcomed economic boost for the Eastern Cape Province with an anticipated economy wide impact on the province's GDP of R 664 million. Household income is anticipated to increase to R558.4 million within the Nelson Mandela Bay Municipality (NMBM) and R577.4 million for the entire Province. Most importantly, an anticipated 1800 jobs will be created in the Metro and around 2 097 for the EC Province,” said Khwezi Tiya, CEO the CDC.

Stellantis continues to work closely with the IDC in developing a viable joint venture (JV) partnership that will be evaluated by appropriate credit committees.  “Stellantis' success with similar manufacturing plants around the world is well-known and our planned JV with Stellantis to build another greenfield plant in South Africa is progressing well. The investment is in line with IDC's intent to drive investment that supports the development of the regional automobile value chain,” said Mr. TP Nchocho, CEO of the IDC.

Distributed by APO Group on behalf of Stellantis.

For more information, contact:
Tshepo RAMODIBE
+27 269 3106
TshepoR@idc.co.za

Deidre Du PLESSIS
+27 10 252 5000
deidre.duplessis@stellantis.com

communications@stellantis.com
www.Stellantis.com

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About Stellantis:
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today's customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.Stellantis.com.

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Read moreStellantis Invests ZAR 3 Billion in South Africa, Establishing State-of-the-Art Automotive Plant in Coega
20 September 2023

Tuskers Announce Division 1 Arrival In Style

Location: Sport

PIETERMARITZBURG: AET Tuskers registered an impressive win in their opening match in the top division, with a commanding nine-wicket victory over...

Read moreTuskers Announce Division 1 Arrival In Style
20 September 2023

Taxis bring traffic on active uMhlanga road to a standstill

Location: News

To restore calm to the area, authorities agreed to temporarily allow taxis to park near Ocean Mall

Read moreTaxis bring traffic on active uMhlanga road to a standstill
20 September 2023

Holding those accountable for financial misconduct imperative for public trust

Location: News

Holding those accountable for financial misconduct imperative for public trust

With South Africa’s public finances being under strain, Minister of Finance Enoch Godongwana has emphasised the importance of holding individuals and entities accountable for financial misconduct, as it is vital for public trust.

“Without swift and fitting consequences, we risk eroding public trust in our capacity to manage public funds effectively, with less and less funding available to deliver much-needed services to our people,” Godongwana said on Wednesday.

Virtually addressing the 3rd Public Finance Management Conference, the Minister said rigorous and independent audit practices play a pivotal role in unearthing corruption and financial mismanagement, providing invaluable insights and recommendations for the judicious utilisation of public funds.

“Our public finances are currently in a difficult position, one that is increasing in complexity and uncertainty. The short-term risks to the local and global economy that we predicted in the February Budget have now materialised.

“Government has collected much lower-than-expected tax revenue. At the same time, tighter financial conditions have made it difficult to borrow more and at affordable rates.

“Continued load shedding, the poor performance of our logistics sectors, and the lasting damage done by State capture to our institutions, have made the difficult fiscal situation even more challenging,” the Minister said.

He noted that these and other factors have put tremendous strain on the financial resources available to address the country’s most urgent service delivery priorities.

“Furthermore, ethical sourcing of goods and services through public procurement stands as an unassailable priority. Non-compliance with ethical standards in procurement can have far-reaching consequences, compromising the integrity of our financial processes,” Godongwana said.

He said being innovative, adaptive, agile and solutions-driven during these volatile, uncertain, complex and ambiguous (VUCA) times is important.

“It is important to note that we have faced similar challenges in the past and managed to make the necessary policy decisions and trade-offs to navigate the storm.

“The path forward is not devoid of challenges; however, we are not powerless. With innovation, adaptability, and a resolute commitment to ethical financial management, we can surmount these obstacles and forge a luminous future for South Africa.

“We must leverage technology, collaborate across sectors, and put our citizens at the centre of our decisions. Together, we hold the power to rekindle public trust, to advance good governance, and to fortify our nation's public financial management,” the Minister said. – SAnews.gov.za

nosihle
Wed, 09/20/2023 - 11:43

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Read moreHolding those accountable for financial misconduct imperative for public trust
20 September 2023

Elevate Your Business in Johannesburg with Strategic SEO Services

Location: MyPR

In the bustling economic hub of Johannesburg, standing out in the digital landscape is no small feat. With countless businesses vying for the top spot on search engine results pages (SERPs), you need a robust strategy to ensure your brand doesn’t get lost in the noise. That’s where SEO comes into play. If you’re looking …

Read moreElevate Your Business in Johannesburg with Strategic SEO Services
20 September 2023

Unlocking the Potential of Your Business with Expert SEO in Jhb

Location: MyPR

In the fast-paced world of digital marketing, staying ahead of the competition is crucial. Especially in a vibrant city like Johannesburg, where businesses are continually evolving, you need a solid online strategy to make your mark. One of the most effective ways to achieve this is through SEO. If you’re looking for Johannesburg SEO solutions …

Read moreUnlocking the Potential of Your Business with Expert SEO in Jhb
20 September 2023

Family demands answers after teen’s body disappears from state morgue

Location: News

Department and police fail to answer questions because they are still investigating three years later

Read moreFamily demands answers after teen’s body disappears from state morgue
20 September 2023

Entries Closed For Rip Curl GromSearch Seal Point presented by The Cape St Francis Resort

Location: MyPR

Entries Closed For Rip Curl GromSearch Seal Point presented by The Cape St Francis Resort     Seal Point, Cape St Francis – it only took a few days for the entries to max out for the Rip Curl GromSearch Seal Point. This popular tournament is the final contest in a 5-event series and will …

Read moreEntries Closed For Rip Curl GromSearch Seal Point presented by The Cape St Francis Resort
20 September 2023

Navigating Web Optimization in Johannesburg

Location: MyPR

In the digital age, having a strong online presence is more important than ever, especially for businesses in bustling cities like Johannesburg. From SEO to social media marketing, there are various ways to boost your online visibility. In this article, we’ll explore some of the most effective digital marketing strategies in Johannesburg. Why Digital Marketing …

Read moreNavigating Web Optimization in Johannesburg
20 September 2023

Navigating the Digital Marketing Landscape in Johannesburg

Location: MyPR

In today’s fast-paced digital world, having a strong online presence is more crucial than ever. This is particularly true in bustling cities like Johannesburg, where businesses face stiff competition. In this blog, we’ll explore some key strategies to boost your online visibility and delve into the nuances of digital marketing. The Importance of Digital Marketing …

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