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Suspect arrested for attempted murder, possession of illegal ammunition
Police have arrested a suspect wanted in an attempted murder case in Malmesbury in the Western Cape.
On Tuesday morning, members of the Malmesbury Crime Prevention Unit responded to information about a wanted suspect, who was in hiding. The suspect had evaded arrest after perpetrating attempted murder over the weekend, where a victim sustained a gunshot wound.
The information led the members to the hiding place of the suspect on Anemone Street in Wesbank, Malmesbury, where they found and apprehended the 22-year-old suspect.
When the members searched the suspect and the premises, they found a .38 special revolver and four rounds of ammunition. Further investigation revealed that the suspect had stolen the firearm during a burglary.
The suspect will appear in the Malmesbury Magistrates’ Court on charges of possession of an unlicensed firearm and ammunition, and attempted murder. – SAnews.gov.za
Edwin
Thu, 09/19/2024 - 08:56
Delivering memorable brand experiences and organising seamless events are essential to maintaining a strong presence in such a competitive environment. Partnering with a brand experience agency offers businesses the expertise needed to create immersive experiences that resonate with audiences. This approach is especially valuable in South Africa, where diverse audiences and unique cultural dynamics require …
Local company sets sights on international markets
A Mamelodi-based detergents company is determined to take full advantage of the Partnering in Business with Germany Programme and export their products to international markets.
This was said by the Founder and Managing Director of TOSH Detergents, Lufuno Rasoesoe.
She was speaking during the recent alumni event of the programme that was hosted by South Africa and Germany in Sandton.
According to Rasoesoe, participating in the Partnering in Business with Germany Programme has been of significant benefit to her Gauteng company.
In April, the Department of Trade, Industry and Competition (the dtic) and the German Federal Ministry for Economic Affairs and Climate Change signed a Joint Declaration on Cooperation to formalise a programme to train and mentor emerging exporters from South Africa to access the German market.
“Through the business-to-business meetings and visits to various manufacturing plants in Germany, I gained valuable insights into how we can improve our own manufacturing plant.
“The exposure to advanced processes and operational standards inspired the factory plans that we are currently developing, as well as the implementation of more efficient standard operating systems. This experience has given us a clearer vision of how to elevate our production capabilities and meet global standards,” Rasoesoe said.
She explained that after participating in the programme, her company was invited to participate in the Africa Start-up Connect Week in Berlin, Germany.
At that event, she met entrepreneurs from across the African continent and was exposed to a wealth of export opportunities within the continent.
“This has broadened my network and opened doors for potential collaborations and expansion into various African markets, bringing us closer to our goal of growing TOSH Detergents' presence internationally."
She added that her participation in the Partnering in Business with Germany Programme and the Rand Show Exhibition, both with the assistance of the dtic has impacted positively on her business.
“Both experiences were incredibly valuable for my business. The Rand Show Exhibition provided us with great exposure to a wider audience, allowing us to showcase our products and build new connections.
“The Partnering in Business with Germany Programme offered insights into international markets, manufacturing best practices, and potential export opportunities.
“These experiences have been instrumental in growing our brand and expanding our market reach,” Rasoesoe said.
TOSH Detergents was formed in March 2021 as a business initiative aimed at addressing the need for affordable, high-quality cleaning products in South Africa.
The company was inspired by the desire to create a sustainable business that could provide essential household products while also empowering local communities.
“TOSH Detergents does not only fill a gap in the market, but also promotes job creation and economic development, particularly in the previously disadvantaged areas,” she said.
READ | SA-Germany to place trade and investment under the spotlight
The company currently employs 15 people, nine in the production area, and six as merchandisers and sales agents.
TOSH Detergents products can be found at Shoprite, Checkers, Makro Online, Takealot, Zulzi and distributors in various provinces. – SAnews.gov.za
Edwin
Wed, 09/18/2024 - 15:12
Green Hydrogen programme makes progress
Since the gazetting of nine Strategic Integrated Projects (SIPs) by Infrastructure at a Capex value of R300 billion, the Green Hydrogen National Programme (GHNP) has attracted projects with the Capex value of over R800 billion with about 20% of the total investments at the bankable feasibility stage.
This is according to Public Works and Infrastructure Deputy Minister, Sihle Zikalala, who was speaking at the Green Hydrogen Devac conference in Sandton, Johannesburg on Wednesday.
The gazetting of the SIPs was done by Infrastructure South Africa (ISA) which is an entity of the Department of Public Works and Infrastructure in 2022.
According to Zikalala, most of these projects are at different stages of development ranging from prefeasibility to execution.
These projects include the Isondo Precious Metals (IPM) in Johannesburg which entails a fuel cell and electrolyser component manufacturing facility in Gauteng, the Prieska Energy Cluster Green Ammonia Production facility in the Northern Cape, Boegoes Bay Green Hydrogen Port Rail and Infrastructure Project driven by the Northern Cape provincial government.
Other projects include the Hive Green Ammonia export project in the Eastern Cape, Arcelor Mittal South Africa (AMSA) Saldanha Green Steel Project in the Western Cape and the Sasolburg 60MW H2 production in Gauteng.
Zikalala said South Africa only needed one percent of the country’s land area to support green hydrogen economy initiatives, creating jobs and improving the economy. He said this was unusable land for agriculture and human settlements.
The Deputy Minster said ISA acted as one of the government enablers for the South African green hydrogen opportunity.
He said that by gazetting the GHNP as a SIP, ISA enabled projects to be placed on an expedited path to development with prescribed and shortened timeframes for various project approvals and authorisations.
‘The seventh administration has identified three priorities: driving inclusive growth and job creation, reducing poverty and tackling the high cost of living and building a capable, ethical and developmental state," said the Deputy Minister.
He called on green hydrogen players to work with government in the creation of jobs in the green hydrogen economy.
“We look up to you to take a lead in facilitating green hydrogen manufacturing capability in a manner that localises the production of upstream and downstream value-added products. Working together, South Africa can realise its potential to produce six to 13 million tons of green hydrogen and derivatives per year by 2050.
“We reiterate that South Africa as a green hydrogen investment destination still offers substantial additional investment opportunities including green shipping, green fertiliser production, electrolyser manufacturing, pipeline development, green field port developments’, said Zikalala. - SAnews.gov.za
Edwin
Wed, 09/18/2024 - 15:26
Call for urgent action on North West stalled projects
The North West’s permanent delegates to the National Council of Provinces (NCOP) have called for urgent intervention that will lead to tangible results on stalled infrastructure projects in the province.
The delegation commenced with a week-long oversight visit to the province as part of the NCOP flagship Provincial Week Programme on Tuesday.
Provincial whip and leader of the delegation, Sylvia Sithole, underscored an urgent need for implementation of practical interventions for the benefit of the people, who are mostly poor and vulnerable.
“While we are concerned that some projects have taken a long time to complete, we accept the assurances you have given today, and we will be back in November to assess if those commitments have been honoured. We want to see positive change here in the province,” Sithole said.
The delegation raised concerns as highlighted by the Office of the Auditor General including inadequate planning and project management which have a direct impact on the overall implementation of projects.
The delegation also raised concern at the lack of effective coordination between the province and municipalities which indicated the need for the adoption of the District Development Model (DDM) to ensure efficiency.
The delegation visited the Mahikeng Airport which is not functioning despite its potential of being a strong economic driver in the area.
The delegation noted the plans by the North West Department of Transport, Roads and Community Safety to revitalise the airport, but highlighted that a comprehensive cost benefit analysis must be done to ensure that the plans create the needed economic benefit that is envisioned.
The delegates also urged the department to undertake an economic viability analysis as it relates to the plans to utilise the airport for cargo to be transported to neighbouring countries.
The delegation further engaged local business forums that highlighted the availability of investors willing to reinvent the airport. The department was urged to consider all available options on the table to ensure the most economic option is taken.
Delays in completing water projects
Meanwhile, during a visit at the Rooigrond Waste Water Treatment Works, a concern was raised regarding the delayed completion of the project which was initially planned to be completed in 2018.
“It is unacceptable that the over 1000 households that would have benefited [from] the projects are still waiting to this day. While the delegation notes the plans by Magalies Water Board to complete the project in July 2025, it is concerning that the initial plans were inadequate thereby raising the hopes of the community for quality sanitation services,” Sithole said.
The delegation also raised their concerns about the Environmental Impact Assessment, and the application for servitudes, which were not conducted when the project was commissioned, which delayed the projects.
“This points to poor planning by departments. Infrastructure projects are complex and effective planning will ensure that they are delivered on time and within budgets,” Sithole said.
Concern was also raised on the number of acting personnel responsible for project implementation and called for Magalies Water to urgently appoint permanent personnel that will be held accountable, in case the projects are not implemented within the stipulated time frames.
The delegation will on Wednesday visit the stalled RDP Project in Tshunyane Village, and proceed to Sanieshof Waste Water Treatment Plant and complete its second day programme by assessing the rehabilitation of sections of road P152/1 from N18 at Delareyville. – SAnews.gov.za
GabiK
Wed, 09/18/2024 - 11:42
Popular chocolate brand uplifts the next generation of game-changers through mentorship and monetary investments Johannesburg – Nestlé BarOne, one of South Africa’s favorite chocolate brands, is on a mission to empower the everyday hustler by kickstarting their ambitions, big or small, through a R25 0000 cash investment and mentorship from experienced industry leaders. Through Nestlé …
Cato Ridge Agripark revamp unlocks potential
The eThekwini Municipality’s Economic Development and Planning Committee has given the green light to reprioritise over R2 million to fund the refurbishment of chicken houses at the Cato Ridge AgriPark, near Hammarsdale.
The KwaZulu-Natal municipality bought the Cato Ridge Chicken Farm, as part of government’s efforts to fight the scourge of job losses and unemployment.
This forms part of the City’s Agribusiness Masterplan implementation, adopted by the Council in 2020.
The 10-year strategic plan seeks to unlock new investment in the agribusiness value-chain of no less than R1 billion.
In her presentation to the committee, Agri-Business Senior Manager for Business Development and Production, Nkululeko Hlongwane said an assessment indicated the need to improve the production capacity and efficiency of the existing chicken production houses.
She said this will ensure that each production unit can accommodate 25 000 broiler flock per cycle.
“This improvement will facilitate the Cato Ridge AgriPark Incubator Farm to realise its commercial potential by yielding a minimum of 250 000 broiler chickens per cycle being produced in the farm. This translates to an estimated income of R102 million per annum that could be generated by the farm,” Hlongwane said.
The Cato Ridge AgriPark Incubator broiler chicken production has unlocked commercial economic opportunities for local Agricultural Small, Medium and Micro-Enterprises (agriSMMEs) to participate in the commercial production of broiler chicken and the meat value chain.
There are seven businesses occupying Cato Ridge chicken houses which have created about 17 long-term jobs.
Economic Development and Planning Committee Chairperson, Thembo Ntuli, noted that the committee’s key objective is to facilitate inclusive economic development and job creation.
Refurbishment of Chatsworth ablution facilities
Meanwhile, the ablution refurbishment project has created 23 job opportunities for the community residing in the Bottlebrush Informal Settlement, Chatsworth.
As part of expediting service delivery in the city, the municipality’s Area Based Management Unit, working with the Water and Sanitation Unit, have recently refurbished the ablutions which were experiencing blockages, resulting in overflowing in informal settlements.
The project included the rehabilitation of 500 collapsed and dilapidated toilets.
Proportional Representative Councillor, Buyisiwe Gumede commended the eThekwini Municipality officials for the project which she said will have a positive impact on residents’ lives.
“We are pleased that the project has started. There are other pressing needs in the community, including the shortage of housing and water and electricity supply,” Gumede said.
Ward 71 resident, Sphamandla Msomi, also commended the city for addressing the issue of ablution facilities in the area. – SAnews.gov.za
GabiK
Tue, 09/17/2024 - 13:03
As women age, especially during and after perimenopause, they face an increased risk of sarcopenia – the gradual loss of muscle mass and strength. We need our muscle mass for strength and mobility, but it is also metabolically active and helps us to maintain a healthy weight. The benefits of muscle mass in women are …
EC government collaborates with business to support commercialisation of farmers
The Eastern Cape Department of Rural Development and Agrarian Reform (DRDAR) has introduced innovative funding mechanisms to support the commercialisation of Black farmers.
Rural Development and Agrarian Reform MEC, Nonceba Kontsiwe, said the department established the Eastern Cape Agriculture Blended Funding Scheme to provide access to finance for Black farmers to become commercial and participate in the value chains.
This was made possible through collaboration with the Eastern Cape Rural Development Agency (ECRDA), Eastern Cape Development Cooperation (ECDC), Small Enterprise Finance Agency (SEFA) and Land Bank.
In 2023/24, DRDAR and ECDC distributed R32 million to 18 agricultural enterprises, creating 455 jobs.
The funding has enabled businesses to invest in equipment, infrastructure, and production inputs, enhancing their revenue.
“We are committed to this initiative with a budget of R75 million allocated to attract equal or more funding from development finance institutions (DFIs) and the private sector over the Medium‐Term Expenditure Framework (MTEF). The budget for 2024/25 is R25 million,” Kontsiwe said.
The department recently entered into an agreement with the Land Bank to collaborate on funding and developing clustered and aggregated commodities value chains in the province.
“This collaboration aims to facilitate access to affordable funding for farmers without stringent terms to support primary and agro-processing activities, to enable Eastern Cape farmers to access the R300 million allocation from the Land Bank.
“The finalised aggregation model and financing tools will be tested in pilot projects for grains, wool, mohair, citrus farming, dairy, vegetables, and livestock in the province,” Kontsiwe said.
Kontsiwe added that the department, in partnership with the ECRDA, aims to support Black commercial farmers in exporting their produce to international markets, thereby boosting their competitiveness.
“The revolving credit facility is designed to offer operational funding to address the financial needs of high-value and export-oriented commodities during production cycles. A budget of R4 million has been earmarked for the ECRDA to implement this program in the 2024/25 financial year, serving as an incentive to attract more Black commercial farmers to participate in export markets,” the MEC said. – SAnews.gov.za
GabiK
Mon, 09/16/2024 - 11:43
Sector master plans critical to investment, boosting exports, creating jobs
By Edwin Tshivhidzo
Trade, Industry and Competition Minister Parks Tau has consistently emphasised the need to accelerate the implementation of the sector master plans as one of the key priorities of the seventh administration.
Since his appointment two months ago, the Minister has reiterated the critical role of the master plans in increasing investment, boosting exports, creating jobs, promoting localisation and facilitating transformation.
One of the interventions initiated by partnerships in the Retail–Clothing Textile Footwear Leather Master Plan, where more than 20 000 jobs have been created as a result of its roll-out, is the redesigned Clothing Textile Footwear Leather Growth Programme (CTFLGP), which was launched in 2022.
Import substitution, creation of new jobs, transformation and competitiveness improvement are the main objectives of the programme.
One of the beneficiaries of the programme that is being implemented by the Department of Trade, Industry and Competition (the dtic) through the Industrial Development Corporation, is R and L Apparel. It is a woman-owned company based in Newcastle, KwaZulu-Natal.
The company received financial support for the purchase of equipment and machinery, as well as for initial working capital, in order to grow their Cut, Make, Trim (CMT) manufacturing capacity.
Managing Director of R and L Apparel, Solis Benjie Dolores, said the support from government has enabled the company to increase its production, improve product quality, create jobs and extend its clientele, which now includes The Foschini Group, which they supply through Celtico, one of the CMT suppliers in the Newcastle clothing industry.
“The funding assisted us greatly in creating additional jobs. We had only 17 workers when we applied for the programme. As of August 2024, we were able to reach a staff complement of 103 employees, 98 of whom are women. As a matter of fact, we are looking forward to achieving the additional 150 jobs that we have committed to,” Dolores said.
“The CTFLGP is a great initiative. The programme opened new doors for our company's growth. Without the funding, we might have just stayed on 17 workers, because our machinery and working capital were very limited.
“Before we received the funding, we were running a hand-to-mouth operation that was kept going only by the dedication and endeavours of our team. Now the company is on a positive growth trajectory,” she said.
Dolores said the company is planning to acquire automated machinery to expand its production capacity based on the market demands, as local retailers are increasingly embracing Proudly South African products.
“We are happy to contribute in import substitution, growing the economy, and more importantly, creating jobs for the local people, both skilled and unskilled, assisting them to earn a decent living,” she said.
Managing Director of Argento, Joudalle Govender, also bears testimony to the positive impact of the CTFLGP on her company, which is based in Mandeni, KwaZulu-Natal.
The company manufactures apparel and corporate clothing for a major retailer and numerous corporate clients.
“We used the funding for operational expenses and to re-tool the factory with new machinery. The funding allowed us to create 45 new jobs. 100 people are currently employed in our company, 80 of whom are women.
"Our profit margins increased and we had a rapid growth in production due to the extra capacity,” Govender said.
She said the company is planning to expand its product lines, adopting sustainable practices, improving its manufacturing efficiency and exploring new markets.
“Our future plans include expanding our current building and creating 100 more jobs. We are also looking into exporting our local garments and creating more awareness on local manufacturing with South Africa,” Govender said.
She emphasises the importance of the Retail-Clothing, Textile, Footwear and Leather (R-CTFL) Masterplan in promoting sustainability and innovation within the industry, which she said is crucial in adapting to the changing market demands and consumer preferences.
“I love the fact that the plan focuses on several key objectives, such as job creation and increasing local production. Argento is a local champion because we produce our own local fabric in the rural area of Isithebe.
“My favourite part is that the plan enhances competitiveness in the global market, by fostering collaboration between government, labour, and industry stakeholders. That is important for our economy,” said Govender.
The stories of two companies that operate in the clothing and textile sector undoubtedly illustrate the critical importance of the master plans, and the positive impact of the collaboration between government, business and labour on the South African economy.
According to the Director of Clothing and Leather at the dtic, Dr Jaywant Irkhede, more than R1.87 billion had been approved for 154 businesses employing almost 24 000 people and R1.41 billion was disbursed by July this year. – SAnews.gov.za
Edwin
Thu, 09/12/2024 - 11:03
President Ramaphosa to attend BMW 'start of production' event
President Cyril Ramaphosa is expected to attend the start of production event for BMW’s new generation X3 plug in hybrid model vehicle.
This is according to Presidential Spokesperson Vincent Magwenya.
During the South Africa Investment Conference last year, the company announced that it will pour in some R4.2 billion in investment to equip its Rosslyn Plant in Tshwane, Gauteng to build the next generation vehicle.
“The President is pleased that this vehicle will be exclusively built here in South Africa at the BMW Plant here in Rosslyn for the rest of the world.
“The President noted with appreciation BMW’s long history in South Africa and its footprint that has grown significantly over time. BMW’s investment in its Plant in Rosslyn dates back five decades,” Magwenya said at a media briefing on Wednesday.
The event is set to be held on 11 October.
READ | BMW to invest R4.2 billion into its Tshwane plant
The spokesperson highlighted that some 95 000 direct and indirect jobs have been created by the company’s activities in the country.
READ | President sets R2 trillion investment target
“BMW’s investment supports the South African government’s industrial and economic policy objectives of ensuring job creation, increased industrial output and export income, transformation, and the future sustainability.
“BMW Group announced a R4.2 billion investment in its plant operations in Rosslyn during the President’s Investment Conference held on 13 April 2023 as a demonstration of that commitment to South Africa and its people. This investment is now complete, and the President will be pleased to see the BMW state-of-the-art plant during this Start of Production Event,” Magwenya said. – SAnews.gov.za
NeoB
Wed, 09/11/2024 - 15:10
Ketamine can be life-saving or lethal The anaesthetic drug ketamine can bring life-saving hope for people suffering treatment-resistant major depression or at severe risk of suicide, but unsupervised use or excessive dosages hold addictive and even lethal risks. This is the warning sounded by the South African Society of Psychiatrists (SASOP) against the “recreational” or …
Rural food hubs to improve EC food security
The Eastern Cape Department of Rural Development and Agrarian Reform (DRDAR) plans to establish food hubs in rural areas, which will enable subsistence and home-based vegetable producers to collect, store and process their produce for the local market.
Unpacking the department’s food security plans for this term on Tuesday, Rural Development and Agrarian Reform MEC, Nonceba Kontsiwe, said the department will support communities to grow their own food through home-based gardens and improving food access and income.
“This initiative will focus on sustainable agriculture, water conservation, and youth entrepreneurship in rural areas. Investing in our people will reduce living costs and promote self-sufficiency, thus community resilience,” she said.
Kontsiwe noted that the department is part of a coordinated effort by the provincial government to contribute to eradicating poverty and malnutrition in the province.
She acknowledged that the department alone cannot solve the food security issue, noting that despite having various programs and initiatives, the lack of a unified strategy has led to a fragmented and less effective approach.
The Office of the Premier has coordinated government departments and agencies to develop a Provincial Food and Nutrition Security Plan, and the department’s primary goal is to guarantee food security in the province.
The MEC said the department is committed to support people to cultivate the land, regardless of its size, and produce their own food.
She said the initiative will focus on sustainable agriculture, water conservation, and youth entrepreneurship in rural areas.
According to Kontsiwe, investing in people will reduce living costs and promote self-sufficiency and community resilience.
The department is planning to expand household food production in rural and peri-urban areas on a large scale.
She said the initiative will include establishing small-scale vegetable nurseries to provide high-quality seedlings, which will reduce production costs.
“DRDAR and the Department of Agriculture, Land Reform and Rural Development (DALRRD) are collaborating to support 42 000 households (30 000 from the Siyazondla Program and 12 000 from PES3) in growing their own food in the 2024/25 financial year.
“We invite all sectors of society to join us in addressing food insecurity and malnutrition in districts, metros, local municipalities, and wards. We are fast-tracking the spring water protection program to ensure villages have access to water for food production,” the MEC said.
For the 2024-25 financial year, the department plans to implement 10 spring water projects in five districts, including two in Alfred Nzo, Amathole, Chris Hani, Joe Gqabi, and OR Tambo.
The MEC highlighted that in the previous 2023/24 financial year, the department successfully completed 10 projects, installing 290 taps in 12 villages, benefiting 2 263 households and creating 729 jobs.
Embracing innovation and technology
Kontsiwe emphasised the importance of embracing innovation and technology to reduce production costs and mitigate the impact of climate change.
She said the department will this financial year launch a pilot program, which will see the installation of 14 tunnels with 3 720 climate-smart boxes in all districts and colleges.
The MEC said this initiative will allow vegetable producers to cultivate crops throughout the year in a controlled environment.
“We anticipate that this project will encourage more young people and women to engage in agriculture in our province. We invite people of all ages, including elders, churches, schools, health facilities, and traditional leaders, to support and promote community food production.
“We will collaborate with the private sector to assist households in growing their own food. These initiatives will be carefully planned, organised into projects, and implemented gradually with available resources,” the MEC said. – SAnews.gov.za
GabiK
Tue, 09/10/2024 - 14:36
After 12 years in the radio industry, “Hip-Hop mom” and supermom of six children, Lebang Kgosana has finally made it to the big leagues and is set to begin hosting a brand-new drive time show, “The Driver’s seat with Lebang Kgosana” on Johannesburg based radio station, 919fm from the 2nd of September 2024. Previously known …
At the prestigious 2024 Michelangelo International Wine & Spirits Competition, Durbanville Hills was awarded as the Top Producer, achieving trophies for the best Cabernet Sauvignon, Bordeaux Red Blend and White Blend, two double gold awards and seven gold awards. The competition is now in its 28th year and saw 1,555 entries – 1,388 wines and …
SA increases imports to China
Beijing, China - With the agreements that South Africa has signed with China in relation to trade, the country will see an increase in the imports of agricultural and manufactured products to China.
“We were able to sign eight agreements, many of which have to do with increased trade between the two countries and that has led to the opening up of the Chinese market for South African products, particularly with regards to beef,” President Cyril Ramaphosa said on Thursday in Beijing, China.
Addressing members of the media on the conclusion of his visit to the People’s Republic of China, Ramaphosa said the importation of beef into the Chinese market kept fluctuating as a number of areas in South Africa were affected by livestock diseases such as foot and mouth disease.
“That is a great achievement because it will lead to the increase of our agricultural products coming into China and we should see increased production in South Africa. Whenever such an occurrence would happen, they would ban the whole country, and we were able to reach an agreement that if there is an outbreak of foot and mouth disease it would just be restricted to one area in the country.
“That is a great achievement because it will lead to the increase of our agricultural products coming into China and we should see increased production in South Africa.
“The other area is for manufactured goods and products, to have an easier entry into China. With the agreement that we signed we were able to ensure that China would enable more manufactured goods from South Africa to be brought in. That for us is an important development,” the President said.
Agreements
He noted that China has achieved enormous development in technological development.
“We were able to reach an agreement on science, technology and innovation in terms of cooperation in relation to innovation research and we were able to have good discussions.
“We were able to reach agreements on aspects of our energy security. South Africa has been going through a huge challenge of energy security. China’s assistance in this regard is going to stand us in good stead so therefore our other objective was achieved.
“We also wanted enhanced cooperation on international issues in relation to our cooperation in BRICS is consolidated and solidified and in other multilateral organisations such as the United Nations and financial institutions that there needs to be reforms,” the President explained.
Relations with China
He said at a state level, South Africa has achieved a great deal during the visit to China.
“Our visit has been hugely successful. We will see a lot of progress in the country in developing our relationship with China, remembering that China is the second largest economy in the world. For us as South Africa it is important for us to promote our relations with China.
“China is our biggest trading partner, and we want an all-round cooperative strategic partnership in the new era to take it to a higher level. President Xi Jinping is at pains when he talks about not having enough manufactured goods from South Africa. He wants to see more goods in China from South Africa.”
To this end, President Xi opened the Chinese market for African countries to come and exploit the Chinese market.
“As the most industrialised country on the continent South Africa stands to benefit immensely from this relationship. This is an important market for us as South Africans. This is a county that is willing to deal with us at a very serious, economic and political level.
“This is an important market, and we have seen increased trade between our two countries. At the moment, the trade is imbalanced and in favour of China, rather than in our favour and it is this that we are focusing on, to correct that imbalance.
“That is why we welcome the opening up of the Chinese market for more and more finished goods from South Africa.
“We want to upgrade that economic activity to a higher level, so we are able to bring in more finished mineral goods, products or commodities into China and more finished agricultural products,” the President said. -SAnews.gov.za
nosihle
Fri, 09/06/2024 - 05:41
China opens market wider for African countries
Beijing, China - China will voluntarily and unilaterally open its markets wider for African countries, says President Xi Jinping.
Delivering his keynote address at the 2024 Forum on China-Africa Cooperation (FOCAC) in Beijing, China, Chinese President Xi said China has decided to give all least developed countries (LDCs), which have diplomatic relations with China, including 33 countries in Africa, zero-tariff treatment for 100% of tariff lines.
“This has made China the first major developing country and the first major economy to take such a step. It will help to turn China’s big market into Africa’s big opportunity,” President Xi said.
China will expand market access for African agricultural products, deepen cooperation with Africa in e-commerce and other areas, and launch a “China-Africa quality enhancement programme."
“We are prepared to enter into framework agreements on economic partnership for shared development with African countries to provide long-term, stable and predictable institutional guarantee for trade and investment between the two sides.
“China is prepared to carry out 30 infrastructure connectivity projects in Africa, promote together high quality Belt and Road cooperation, and put in place a China-Africa network featuring land-sea links and coordinated development,” President Xi said.
China’s Belt and Road Initiative was launched in 2013 by President Xi. The massive collection of development and investment initiatives was originally devised to link East Asia and Europe through physical infrastructure. In the decade since, the project has expanded to Africa, Oceania and Latin America.
China is ready to assist in the development of the African Continental Free Trade Area, deepen logistics and financial cooperation for the benefit of trans-regional development in Africa.
In addition, China plans to launch 30 clean energy projects in Africa, put in place meteorological early warning systems, and carry out cooperation in disaster prevention, mitigation and relief, as well as biodiversity conservation.
“We will create a China-Africa forum on peaceful use of nuclear technology, establish together 30 joint laboratories, and collaborate on satellite remote sensing and lunar and deep-space exploration. All this is designed to help with green development in Africa.
“China is ready to establish with Africa a hospital alliance and joint medical centers. We will send 2 000 medical personnel to Africa, and launch 20 programmes of health facilities and malaria treatment.
“We will encourage Chinese companies to invest in Africa’s pharmaceutical production, and continue to do what we can to help Africa with epidemic response. We support the development of the Africa Centers for Disease Control and Prevention to strengthen public health capacity in all African countries,” President Xi said.
China will provide Africa with RMB1 billion yuan in emergency food assistance, build 100 000 mu (about 6 670 hectares) of standardised agriculture demonstration areas in Africa, send 500 agricultural experts, and establish a China-Africa agricultural science and technology innovation alliance.
“We will implement 500 programmes in Africa to promote community welfare. We will also encourage two-way investment for new business operations by Chinese and African companies, enable Africa to retain added value, and create at least one million jobs for Africa,” President Xi said.
Strengthening security
China is ready to build with Africa a partnership for implementing the Global Security Initiative (GSI) and make it a fine example of GSI cooperation.
“We will give Africa RMB1 billion yuan of grants in military assistance, provide training for 6 000 military personnel and 1 000 police and law enforcement officers from Africa, and invite 500 young African military officers to visit China.
"The two sides will conduct joint military exercises, training and patrol... and jointly ensure the safety of personnel and projects.
“To implement the 10 partnership actions, the Chinese government will provide RMB360 billion yuan of financial support through the next three years,” the President said.
This can be broken down into RMB210 billion yuan of credit line, RMB80 billion yuan of assistance in various forms, and at least RMB70 billion yuan of investment in Africa by Chinese companies.
In addition, China will encourage and support Africa in issuing panda bonds (a Chinese renminbi-denominated bond from a non-Chinese issuer, sold in the People's Republic of China) in China to enhance results-oriented cooperation in all areas.
“China is ready to work with Africa to build a platform for governance experience sharing, a China-Africa knowledge network for development, and 25 centers on China and Africa studies.
"We will make better use of Africa’s leadership academies to cultivate talents for governance and invite 1 000 members of African political parties to China to deepen exchanges of experience in party and state governance,” President Xi said. -SAnews.gov.za
nosihle
Thu, 09/05/2024 - 07:03
Owner of controversial Tormin mine is in business rescue
SA to transform economy into manufacturing hub
By Nosihle Shelembe
Beijing, China - President Cyril Ramaphosa says South Africa is working towards transforming the economy by turning the country into a “manufacturing hub”.
“We plan to move from being a large importer of manufactured products to being a major exporter,” the President said on Wednesday.
Addressing the South Africa-China Business Forum on the occasion of the State Visit to China, President Cyril Ramaphosa said Chinese companies will find there are innumerable business opportunities to manufacture products in South Africa using the country’s excellent industrial experience.
“We have seen this happen in our automotive industry. We have ambitious plans to modernise our infrastructure by investing in the expansion of ports, rail and road networks.
“We are on a path to revolutionise our energy sector in pursuit of low-carbon, climate resilient development,” the President said.
He said South Africa is actively seeking investment in the energy sector, with a particular focus on renewables and green hydrogen.
“China has a proven track record in developing innovative renewable energy solutions.
“Together, we can create sustainable and environmentally friendly energy solutions that benefit both our countries.
“By working together, we can create value chains that are mutually beneficial, leading to job creation and economic growth.
There is also vast untapped potential in technology,” President Ramaphosa said.
He said South Africa and China can collaborate to promote innovation, technology transfer and skills development.
“By leveraging our respective strengths and exploring new avenues of collaboration, we can create mutually beneficial partnerships.
“Our focus must now be on building stronger business relationships, promoting cultural exchanges and tourism, and creating a favourable business environment.
“The growth of the South African economy will support the success of the African Continental Free Trade Area, which opens access to a market of over 1.3 billion people,” the President said.
He said African economic integration is fast becoming a reality that creates enormous opportunities to expand production on the continent and to stimulate much greater economic activity.
“We are a country with enormous potential for growth and development. We are advantageously placed for companies looking to expand into the rest of the African continent.
“South Africa and China have vibrant, diverse and growing economies, with a wealth of opportunities for businesses wishing to expand into new markets,” the President said.
China is currently South Africa’s largest trading partner.
Bilateral trade between China and South Africa has increased by a third since 2019.
South Africa exports mainly minerals and agricultural products to China, and imports largely manufactured products from China.
“We are seeking to shift the structure of our trade profile and deepen our investment relationship.
“South Africa has one of the most advanced and diversified economies on the African continent. It has a vibrant business environment and a strong regulatory framework. It has a diverse, competitive and well-regulated financial sector,” the President said.
Since the start of South Africa’s major investment drive in 2018, Chinese companies have made investment pledges to the value of over R18 billion in the manufacturing, resources, finance and agro-processing sectors. This is the equivalent of US $1 billion.
“In the last six weeks, a number of Chinese companies have increased investments to support the expansion of their operations.
“These investment commitments are testament to the resilience of the South African economy and the many opportunities for foreign and domestic investors.
“It is up to us to seize these opportunities and take the economic relationship between our two countries to the next level,” the President said.
He said South Africa has investment opportunities in the electric vehicle sector, renewable energy, green hydrogen and energy storage.
It has further opportunities in infrastructure, manufacturing, mining, beneficiation of critical minerals, and the digital economy.
“Let us work together to seize this opportunity and continue to build a more prosperous future for our respective countries,” the President said. – SAnews.gov.za
Matona
Wed, 09/04/2024 - 13:10
Government welcomes positive GDP growth
Government has welcomed the country's positive economic growth, as reflected in the latest Gross Domestic Product (GDP) figures.
According to data released by Statistics South Africa (Stats SA), the GDP increased by 0.4% in the second quarter of 2024, following a 0.0% growth in the first quarter.
On expenditure, real GDP rose by 0.5% in the second quarter, an improvement from the 0.1% decrease in the first quarter of 2024. Household consumption emerged as the largest positive contributor to overall growth, demonstrating the renewed confidence and spending power of South African households.
From a production perspective, the finance, real estate, and business services industry played a pivotal role, contributing 0.3% to the overall GDP growth. Other notable contributors include the manufacturing sector, trade, and the electricity, gas, and water supply industry, which saw a remarkable growth of 3.1%, driven by increased electricity generation and water distribution.
Acting Government spokesperson, Nomonde Mnukwa, said the second quarter's economic growth was a clear indication that South Africa’s economy is on a solid path to recovery.
“The positive trajectory also speaks to the effectiveness of the measures that have been implemented to support recovery and growth. The absence of load shedding has played a crucial role in revitalising key sectors, particularly the electricity, gas, and water supply industry.
“The government remains committed to implementing policies that will sustain and accelerate growth, ensuring that the benefits are felt by all South Africans,” Mnukwa said.
Government further acknowledges that sectors such as agriculture, mining, and forestry and fishing are experiencing challenges, but work is being done to provide relief that will ultimately restore growth in these sectors.
Mnukwa said government continues to support and foster an environment that encourages sustainable economic development. – SAnews.gov.za
DikelediM
Wed, 09/04/2024 - 11:14
SA economy grows by 0.4%
South Africa’s Growth Domestic Product (GDP) grew by 0.4% in the second quarter of 2024 with finance, real estate and the business services industry contributing most to the growth.
This is according to Statistics South Africa (Stats SA) which released the GDP results on Tuesday.
“The finance, real estate and business services industry increased by 1.3%, contributing 0.3 of a percentage point to the GDP growth. Increased economic activities were reported for financial intermediation, auxiliary activities, real estate activities and other business services.
“The trade, catering and accommodation industry increased by 1.2%, contributing 0.1 of a percentage point. Increased economic activities were reported for wholesale trade, retail trade and accommodation,” Stats SA said.
According to the institution, manufacturing increased by some 1.1%, “contributing 0.1 of a percentage point”.
“Six of the ten manufacturing divisions reported positive growth rates in the second quarter. The following divisions made the largest positive contributions: motor vehicles, parts and accessories and other transport equipment; food and beverages; and basic iron and steel, non-ferrous metal products, metal products and machinery.
“The electricity, gas and water industry increased by 3.1%, contributing 0.1 of a percentage point. This was largely due to increases in electricity production and consumption, as well as water consumption,” Stats SA explained.
Decreases in transport, storage and communication contributed a -0.2% of a percentage point.
“Decreased economic activities were reported for land transport and transport support services.
“The agriculture, forestry and fishing industry decreased by 2.1%, contributing -0.1 of a percentage point. This was primarily due to decreased economic activities reported for field crops and animal products,” the institution added.
In terms of expenditure on GDP, Stats SA reported that expenditure on GDP grew by 0.5% during 2024’s second quarter after a decrease of some 0.1% in the first quarter.
“Household final consumption expenditure [HFCE] increased by 1.4%, contributing 0.9 of a percentage point to the total growth. The highest growth rates were reported for services and semi-durable goods."
The main positive contributors to the increase in HFCE were expenditures on the ‘other’ category (4.5% and contributing 0.6 of a percentage point), clothing and footwear (3.2% and contributing 0.2 of a percentage point) and food and non-alcoholic beverages (1.2% and contributing 0.2 of a percentage point).
“Final consumption expenditure by general government increased by 1.0%, contributing 0.2 of a percentage point. This was mainly driven by increases in purchases of goods and services and compensation of employees,” Stats SA explained.
A decrease in exports out of South Africa was also noted.
“Net exports contributed negatively to expenditure on GDP. Exports of goods and services decreased by 0.4%, largely influenced by decreased trade in vegetable products; mineral products; vehicles and transport equipment excluding large aircraft; and base metals and articles of base metals.
“Imports of goods and services increased by 1.7%, largely influenced by increased trade in vehicles and transport equipment excluding large aircraft; vegetable products; mineral products; and textiles and textile articles,” Stats SA said. – SAnews.gov.za
NeoB
Tue, 09/03/2024 - 12:06
Fuel prices to decrease once again in September
All grades of fuel are expected to decrease this week bringing relief to cash strapped South African consumers.
This was announced by the Department of Minerals and Petroleum Resources on Monday.
The price decreases are as follows:
• Petrol 93 (ULP & LRP): 92 cents decrease
• Petrol 95 (ULP & LRP): 92 cents decrease
• Diesel (0.05% sulphur): 79 cents decrease
• Diesel (0.005% sulphur): R1.05 decrease
• Illuminating Paraffin (wholesale): R1,03 decrease
• Single Maximum National Retail Price for illuminating paraffin: R1.38 decrease
• Maximum LPGas Retail Price: 10 cents decrease
This means that a litre of 95 petrol, which currently costs R23.11 in Gauteng, will now cost R22.19 cents a litre as of Wednesday.
In a statement on Monday, the department explained the international and local factors leading to the price adjustments for this month.
“The average Brent Crude oil price decreased from 83.55 US Dollars (USD) to 78.54 USD per barrel, during the period under review. The main contributing factors are the increased production from major oil-producing countries despite lower demand concerns, and the anticipated interest rate cuts by the US Federal Reserve.
“The average international petroleum product prices decreased on average during the period under review in line with lower crude oil prices. This led to lower contributions to the Basic Fuel Prices of petrol by 85.59 cents a litre and 78.40 cents a litre, diesel by 93.55 cents a litre and 67.63 cents a litre and illuminating paraffin by 91.86 cents a litre, respectively.
“The Rand appreciated on average, against the US Dollar (from 18.23 to 18.05 Rand per USD) during the period under review when compared to the previous one. This led to lower contributions to the Basic Fuel Prices of all products by over 10.00 cents per litre,” the department said.
The price adjustments are expected to take effect from Wednesday. – SAnews.gov.za
NeoB
Mon, 09/02/2024 - 11:39
Thousands of litres of oil stolen, says municipality