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You are here: Home / Archives for solutions

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19 July 2024

Mr. Waxed Expands Capabilities with Acquisition of Epson SureColor SC-F9400 Sublimation Printer

Location: MyPR

Johannesburg, South Africa – July 19, 2024 – Waxed Branding, a leading corporate branding company with 15 years of industry experience, has announced the acquisition of a new Epson SureColor SC-F9400 sublimation printer. This strategic investment is set to enhance the company’s textile printing capabilities and expand its service offerings in the corporate branding sector. …

Read moreMr. Waxed Expands Capabilities with Acquisition of Epson SureColor SC-F9400 Sublimation Printer
19 July 2024

GNU provides an opportunity to build a prosperous country

Location: News

GNU provides an opportunity to build a prosperous country

Agriculture Minister John Steenhuisen says the Government of National Unity (GNU) has provided an opportunity to build a united and prosperous South Africa.

Speaking at a joint sitting of the National Assembly and the National Council of Provinces to debate the President’s Opening of Parliament Address (OPA) on Friday, Steenhuisen reiterated that his party, the Democratic Alliance (DA), joined the Government of National Unity because it wants to play its part to build South Africa.

Steenhuisen said the 2024 National and Provincial Elections, which necessitated the creation of a multiparty government, offers the country a powerful opportunity to carve a new path.

“The recent expanded Cabinet Lekgotla has given us the key ingredients we need to accelerate growth and private sector investment in our economy. The Government of National Unity has identified rapid and inclusive growth to create jobs as our apex priority,” Steenhuisen said.

To achieve this, he said the GNU has committed to a responsible fiscal path that reduces the national debt in order to free up resources for productive investments.

“The planned review of sector master plans to identify obstacles to growth, the emphasis on increasing our focus on exports, and our shared commitment to slashing red tape to crowd-in private sector investment, gives us the key ingredients we need to succeed,” Steenhuisen said.

The Minister also welcomed President Ramaphosa’s Opening of Parliament Address on the policy interventions to expand the basket of food items exempt from VAT, to review and reduce the fuel price, to prevent undue political interference in the public service, and to set up specialised policing units to fight violent crime and the construction mafia.

“These policy changes are ones that the DA has long advocated for, and they will make a meaningful impact on reducing the cost of living, enhancing the capacity of the state, and tackling the violent crime that plagues too many of our communities,” Steenhuisen said.

While the Government of National Unity has met the requirement for sufficient consensus as outlined in the Statement of Intent on some key matters of economic policy, Steenhuisen acknowledged that there are still areas of divergence that require attention.

These include the need for universal health coverage, which he said has serious problems of corruption and mismanagement in the public health sector.

“The National Health Insurance (NHI) in its current form does not do enough to address these problems... The same goes for the Basic Education Laws Amendment Bill and some other initiatives.

“However, in all of these areas of divergence, I am convinced that we can find a way forward. It will require us to be honest about disagreements where they do exist, and to work in good faith with one another to find solutions,” Steenhuisen said.

Steenhuisen maintained that if the Government of National Unity succeeds in delivering on its apex priority of growing the economy and creating jobs, “then the builders will defeat the breakers once and for all”.

“This Government of National Unity reflects the will of the people, who have told us loud and clear that they want an end to single party domination in favour of multiparty cooperation. The DA, alongside our partners, have heeded that call, and we have put forward our best weaver birds to help build South Africa,” Steenhuisen said. – SAnews.gov.za

GabiK
Fri, 07/19/2024 - 13:28

359 views
Read moreGNU provides an opportunity to build a prosperous country
19 July 2024

McGillivray, Smith and Baum To Represent South Africa at the 2024 Paris Olympic Games

Location: MyPR

South Africa has three surfers in the Olympic Games: Jordy Smith, Matt McGillivray, and Sarah Baum. The surfing event of the Paris Olympics will take place at Teahupo’o, Tahiti, with competition days from July 27th to August 5th. The surfing schedule can be found here. Jordy Smith will come up against Ethan Ewing (Aus) and …

Read moreMcGillivray, Smith and Baum To Represent South Africa at the 2024 Paris Olympic Games
19 July 2024

Guest Resources Services: Empowering Individuals Through Accredited Training and Development

Location: MyPR

Guest Resources Services, a leading provider of skills development and training solutions, is proud to announce its comprehensive range of accredited courses and services designed to empower individuals and enhance workforce capabilities across various sectors. With a commitment to fostering professional growth and development, the organization offers a diverse portfolio of National Certificates and accredited …

Read moreGuest Resources Services: Empowering Individuals Through Accredited Training and Development
19 July 2024

AgRetail – Digital South African input buying group AgRetail launches, pledges itself to fight agflation

Location: MyPR

Agri Business Network Pty Ltd (www.agbiznetwork.co.za )and FutureFarm Ltd (www.futurefarm.ag) are proud to announce the launch of AgRetail (www.agretail.co.za) on the FutureFarm platform. The AgRetail mission is to lower the cost of inputs for South African farmers. Using the AgRetail web and mobile app, AgRetail farmer members enjoy the revolutionary convenience and transparency of comparing …

Read moreAgRetail – Digital South African input buying group AgRetail launches, pledges itself to fight agflation
19 July 2024

Afrika Tikkun Announces 30 Year Milestone: Developing A Brighter Future For South Africa’s Youth From Cradle To Career

Location: MyPR

17 July 2024, Johannesburg: As the nation grapples with ongoing stark inequalities, pervasive poverty and a dire youth unemployment rate, Afrika Tikkun, a leading youth development non-profit organisation, marks its 30-year legacy of creating holistic development, sustainable impact and tackling South Africa’s (SA’s) entrenched socio-economic disparities to foster an equitable society for all. The country’s …

Read moreAfrika Tikkun Announces 30 Year Milestone: Developing A Brighter Future For South Africa’s Youth From Cradle To Career
19 July 2024

Family and Home at the Heart of LG’s Latest Campaign “Life’s Good When You Get More Care”

Location: Business
LG Electronics

LG Electronics (LG) (www.LG.com) has announced its new campaign of short videos under the “Life's Good” brand slogan, titled Get More Care, following the success of previous themes “Get More Love” and “Get More Magic”, aimed at highlighting how LG products enable small gestures of love and care among family members so that they can enjoy true “Life's Good” moments amidst unforgettable experiences.

Throughout the video series, LG will showcase those sometimes unnoticed loving moments experienced in the home while shining a subtle light on how its products enhance everyday lives through the brand's innovative technology intricately interwoven into its customers' everyday lives, by chasing their vicarious football dreams, or simply following their favourite teams in 4K clarity.

A key highlight of the campaign is the immersive family viewing experience provided by LG's groundbreaking OLED screens – such as the LG Signature OLED M3 4K Smart TV, offering a portal to new universes. With unparalleled picture quality and vivid colours, and sound refinements of α9 AI Processor 4K Gen6, LG OLED screens transform an otherwise ordinary viewing into an unforgettable experience of resplendent immersion, bringing families closer together.

Additionally, the campaign will showcase the convenience of LG's WebOS, a smart platform that offers seamless access to a wide range of entertainment options and smart home features. Whether it's finding the perfect movie or the latest TV shows for family night, explore a vast array of content with built-in streaming services such as Netflix, Prime Video, Disney+, YouTube, and Apple TV+. LG's intuitive WebOS interface also means receiving personalised sports updates and tailored content recommendations is as easy as accessing further built-in apps like Music and Sports, making family time entertainment effortless and enjoyable.

The cutting-edge InstaView knock-knock feature is another standout in the campaign, perfect for revealing those sometimes-hidden signs of love. This technology, available on LG's latest refrigerators, allows users to see inside with a simple knock, making meal preparation more interactive and fun. Families can easily decide what to cook from the fridge without opening a door.

“We are excited to introduce ‘Get More Care' as our new brand campaign,” said Elena Yiallouris, Corporate & PR Marketing Specialist at LG Electronics South Africa. “Through these heartwarming short films, we aim to show how our products make everyday moments more special and meaningful. At LG, we believe that technology should enhance the way we care for each other, and this campaign perfectly encapsulates LG's ‘Life's Good' vision.”

LG's commitment to human-centered innovation and user-centric design is at the forefront of this campaign, demonstrating how the company's products contribute to a more connected and caring lifestyle. By showcasing the practical benefits and emotional value of LG's technology, “Get More Care” aims to resonate with families across the region.

The four-episode Get More Care video campaign, which launches in July, showcases fun and touching stories in the home, and ties in effortlessly with LG's brand direction and visual identity, while maintaining and reiterating the brand's core values of ‘Uncompromised Customer Experience', ‘Human-centered Innovation', and ‘Warmth to Power a Smile'.

To learn more about LG's campaign, please visit: https://apo-opa.co/3W3dRHK.  

Distributed by APO Group on behalf of LG Electronics.

About LG Electronics, Inc.:  
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG's four companies - Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions - combined for global revenue of over KRW 84 trillion in 2023. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com  for the latest news.

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Read moreFamily and Home at the Heart of LG’s Latest Campaign “Life’s Good When You Get More Care”
19 July 2024

Using Fintech To Manage Costs In Business

Location: MyPR

Financial technology, or “FinTech,” is the term used to describe any technology or software that tries to improve and automate the delivery and use of financial services. Everyday examples include online banking, invoicing, mobile payment apps and more. We are probably preaching to the choir here, but keeping track of every last cent that moves …

Read moreUsing Fintech To Manage Costs In Business
19 July 2024

PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista

Location: Business
PalmPay

PalmPay (www.PalmPay.com), a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista's prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay's rapid growth and significant contributions to advancing financial inclusion.

The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology. More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection. In 2024, some of the most influential fintechs in the world were included in the list, including Alipay, Nubank, Monzo, and Revolut. Six other African firms made the list: Flutterwave (Nigeria/US) – Payments; Kuda (Nigeria/UK) – Neobanking; MTN (South Africa) – Payments; Piggyvest (Nigeria) – Financial planning; and Yoco (South Africa) – Payments.

PalmPay has developed an integrated platform that caters to consumers and businesses in the African market. The startup, which has been operating since 2019, pioneered a unique model in Nigeria that provides financial services such as money transfers, bill payment, credit services and savings via a one-stop-shop fintech ‘superapp' and mobile money agents.

This dual approach of easy-to-use digital banking, combined with offline touchpoints for those without smartphones, has contributed to driving financial inclusion in a market where more than 40% of adults remain unbanked.

In 2023, PalmPay announced a major milestone of reaching 30 million registered users on its smartphone apps and 1.1 million businesses in its network of mobile money agents and retail merchants. A third of PalmPay customers report that the platform was their first-ever financial account.

PalmPay has quickly grown to become a market leader in Nigeria thanks to its user-friendly interface, reliable transactions, and focus on driving market share through fee-free transfers and promotions. PalmPay processes 15 million transactions on its consumer app daily and maintains a 99.5% transaction success rate.

To achieve this scale in a market where 10% transaction failure rates were common, the company built out its payment infrastructure, channel integrations and transaction routing systems. In addition to its consumer wallet, PalmPay offers services to businesses that leverage the PalmPay platform via its suite of POS machines, APIs and checkout solutions.

"It's an honour for PalmPay to be recognised by CNBC and Statista as one of the World's Top Fintech Companies," said Sofia Zab, Global CMO, "This recognition validates our unique approach to financial services and our commitment to driving financial inclusion. We are actively expanding PalmPay's reach and offerings, ensuring more people have access to essential financial services and promoting economic development in emerging markets"

PalmPay operates in several key markets across Africa, including Nigeria, Ghana and Tanzania, with plans to expand further in the region and other emerging markets. The company has global HQs in China and London.

For more information, visit www.PalmPay.com

Distributed by APO Group on behalf of PalmPay.

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19 July 2024

Get connected at the 2024 Ignition Group Polocrosse World Cup!

Location: MyPR

Driving digital connectivity and growth in South Africa July 2024 – Over the past 22 years, Ignition Group – title sponsors of the 2024 Polocrosse World Cup – has built an ecosystem of businesses covering the mobile telecoms and broadband industries, financial services, digital marketplaces, customer experience, and global business solutions – each playing a …

Read moreGet connected at the 2024 Ignition Group Polocrosse World Cup!
19 July 2024

Vandals and gangs have ruined Cape Town sports field

Location: News

The City says it spent more than R2.5-million on repairs and maintenance for Avonwood Sports Ground in the 2023/24 financial year

Read moreVandals and gangs have ruined Cape Town sports field
18 July 2024

Designer Pool Covers Cape Town Expands Product Line to Meet Growing Demand for Pool Safety and Efficiency

Location: MyPR

Cape Town, South Africa – Designer Pool Covers Cape Town, a leading provider of high-quality pool cover solutions, has announced an expansion of its product offerings to meet the increasing demand for pool safety and energy efficiency in the Western Cape region. The company has introduced several new automatic and safety cover options to complement …

Read moreDesigner Pool Covers Cape Town Expands Product Line to Meet Growing Demand for Pool Safety and Efficiency
17 July 2024

Novus Holdings Invests in Bytefuse

Location: MyPR

Successful AI projects in education place bright spotlight on SA startup South Africa, 10 July: Novus Holdings has announced a R55m investment in Bytefuse, an innovative artificial intelligence (AI) company, to enhance its capabilities to deliver enterprise scale AI solutions. Having observed Bytefuse’s success in enhancing Maskew Miller Learning’s (MML) educational services through advanced AI solutions, …

Read moreNovus Holdings Invests in Bytefuse
17 July 2024

Experience the Cozy Charm of Eco-Friendly Coffee Culture

Location: MyPR

As the winter chill sets in, there’s nothing quite like wrapping your hands around a steaming cup of coffee. Whether it’s the warmth seeping into your fingers or the rich aroma enveloping you, coffee is a winter staple for many. However, with the growing concern for environmental sustainability, our beloved takeaway coffee habit faces scrutiny. …

Read moreExperience the Cozy Charm of Eco-Friendly Coffee Culture
16 July 2024

Natural Gas, the Right Transition Fuel for South Africa

Location: News
African Energy Chamber

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org).

A recent policy brief, “Natural Gas as a Transition Fuel in South Africa,” produced by Eye for Business, minced no words concerning the need to access and use that plentiful underground resource.

As stated up front, “Among alternatives, there is a compelling case for investing in natural gas as the most prudent steppingstone to a low-carbon future of power generation.”

In their brief, commissioned by The EnerGeo Alliance — a global trade alliance for the energy geoscience industry — Eye for Business makes a good point.

South Africa's continuing power deficits make the case anew each day for expanded extraction and use of the country's natural gas.  A significantly lower-carbon alternative to coal and diesel, this fuel can provide electricity for growing needs while paving the way for renewables and an increasingly lower-carbon future.

The Current Energy Picture

The brief highlights the growth forces that are now at work and expected to push South Africa's demand for energy to a projected three times current demand by 2040.  These forces include a growing population and a trend toward migration into cities. 

South Africa's current energy sources — coal, diesel, renewables, and unpredictable natural gas imports from Mozambique — are inadequate to prevent the daily 6- to 10-hour outages that now hinder business, education, medicine, industry, and more.

Residentially, these intermittencies impact poorer households the most. Likewise, the frequent failures of old coal-fired plants and associated maintenance costs result in higher tariffs that hit low-income families hardest.

These stark realities make it imperative that South Africa use its own clean natural gas to transition toward renewables, at a pace that allows its economy to benefit. Moving in that direction will draw more needed outside interest and investment in the country's natural gas deposits.

As a real-time example, Namibia is wisely using its offshore discoveries in this way, helping that nation move toward prosperity.

For South Africa to likewise gain the economic health needed to increase development of renewables, it must first stabilize its energy supply to reverse disturbing trends in business closures and increased unemployment due to intermittencies. Energy sources such as wind and solar, which are by nature intermittent, cannot provide immediate solutions to these economic and human problems.

With substantial in-country natural gas discoveries such as Brulpadda, prospects like the Karoo shale reserves, and potential offshore discoveries on the horizon, it just makes sense to put those resources to work to achieve energy stability.

Natural Gas, the Natural Solution

“Countries using gas as a source for power generation have seen their electricity supply grow about three times faster in the past 10 years than those not able to use gas,” states Eye for Business' brief.

As is well known, the wealthy countries around the globe have long made tactical use of their vital natural gas resources for building economic soundness. Once their people and businesses were supported by a reliable supply of electricity, these nations could begin to develop renewables on a large scale.

Importantly, for South Africa's industrial sector to grow, it needs increased feedstocks, such as those used to make fertilizers and petrochemicals. These vital chemicals are produced from natural gas, which can also supply the heat energy needed by the cement, steel, and other industries to make their products.

Less Cost, Less Emissions

Putting South Africa's natural gas resources to work during transition will cost less than most alternatives. Comparing the price tag for various types of electric power plants, the costs per kilowatt hour to build solar, biomass, nuclear, wind, and coal plants are all more than twice as high as the cost to build natural gas plants.

This difference is largely due to modular construction methods used for natural gas plants, which makes them easier to scale and suit to their locations, thus avoiding the cost overruns typical on larger facility projects.

Another cost-efficient build method for natural gas plants is converting inactive existing coal-fired power plants. These conversions can be done at lower costs than new construction. This is a win-win proposition that utilizes unused plants for producing cleaner energy while avoiding unnecessary expense.

As the brief highlights, natural gas emits 50% to 60% less CO2 than coal. This makes it an ideal transition fuel for South Africa that will contribute only a very miniscule amount to global emissions. And even that could be decreased with the use of carbon capture and storage.

To keep a realistic perspective on emissions, it is important to bear in mind that Africa as a whole, with about 17% of the world's population, contributes only a tiny 4% of global carbon emissions at 1.45 billion tonnes.

Potential Employment and Exports

Increased investment in and use of natural gas could pay off for South Africa in two very important areas — job creation and the opportunity to achieve net exporter status.

Growing new jobs is crucial, as South Africa's unemployment rate is currently hovering around 30%. Jobs will come with the territory as the country's gas infrastructure is enlarged for drilling, transport, and electricity production.

Young managers and workers will need to be trained in the necessary skills to run and maintain these operations. In short, revving up the natural gas sector will breathe new energy into the job market as young people see and take advantage of these new opportunities.

On the export front, a sizeable opportunity for boosting the country's economy has appeared on its northern horizon.  Because of Europe's recent reduction in imports of Russian gas, the vast European market presents an opportunity South Africa could pursue, along with other markets, after its own energy needs are met.

The Way Forward

To diversify South Africa's energy mix, government policy support in accordance with the country's draft Gas Master Plan (GMP2024) and the National Development Plan (NDP) will be needed.

The Integrated Resource Plan (IRP) aligns with those documents' goals, supporting, as Eye for Business' brief puts it, “a significant shift in the energy mix, projecting an additional 29,500MW to the electricity capacity by 2030, with 3,000MW expected from gas.”

With all the benefits they can bring, South Africa must not leave its valuable natural gas deposits stranded while lacking reliable green energy sources. Making steady progress toward a lower-carbon energy mix while transitioning toward renewables makes sense for South Africa and its people.

Distributed by APO Group on behalf of African Energy Chamber.

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16 July 2024

Future Talks shines with a dynamic line-up of speakers

Location: MyPR

August is swiftly approaching, bringing with it Joburg’s most anticipated talks series, Future Talks, which takes place from August 1 to 4, 2024, at the Sandton Convention Centre. Here, inspiration and innovation will converge, with the Future Talks series set to ignite critical discussions and inspire groundbreaking solutions. The Future Talks stage will feature a …

Read moreFuture Talks shines with a dynamic line-up of speakers
16 July 2024

Scaling Your Business With Managed IT Services And Smart IT Consulting

Location: MyPR

SevenC, a leading IT infrastructure and network service provider striving to identify and make available the best possible ICT strategies for its clients’ unique needs, explores how managed IT services and IT consulting can help entrepreneurs scale their operations. “Combining managed IT services and IT consulting can significantly help your business grow,” says Graeme Millar, …

Read moreScaling Your Business With Managed IT Services And Smart IT Consulting
16 July 2024

Track It All Unveils New Affordable Package for Small Businesses

Location: MyPR

Johannesburg, South Africa – July 16, 2024 – Track It All, a leading provider of comprehensive management software solutions, is excited to announce the launch of a new affordable package designed specifically for small businesses. Priced at R5000 per month, this package aims to provide small enterprises with access to advanced HR management, inventory management software, …

Read moreTrack It All Unveils New Affordable Package for Small Businesses
16 July 2024

Mineware Consulting: Enhancing South African Deep-Level Mine Safety through Digital Innovation

Location: MyPR

Mineware Consulting is committed to contributing to enhanced safety in the South African mining industry with innovative software solutions, built-in training initiatives, and data-driven strategies. The South African mining industry has historically been a major contributor to the country’s economy. However, it faces significant safety challenges due to its complex geological conditions and the prevalence …

Read moreMineware Consulting: Enhancing South African Deep-Level Mine Safety through Digital Innovation
16 July 2024

Husqvarna and LFC break new ground with unique global partnership

Location: MyPR

Husqvarna is proud to partner with Liverpool Football Club, one of the most iconic football clubs on the planet. As part of the multi-year global agreement, Husqvarna will become the official groundskeeping partner of LFC, the first partnership of its kind for both parties. Since 2021, LFC has been using Husqvarna robotic mowers to maintain …

Read moreHusqvarna and LFC break new ground with unique global partnership
15 July 2024

South Africa aims for zero emissions by 2050

Location: News

South Africa aims for zero emissions by 2050

President Cyril Ramaphosa says South Africa aims to reach net zero carbon emissions by 2050.

Speaking at the Climate Resilience Symposium underway at the Council for Scientific and Industrial Research (CSIR) International Convention Centre in Pretoria, President Ramaphosa said the revised Nationally Determined Contribution balances the country’s developmental needs and economic realities.

“It takes into account the feasibility of undertaking a climate response through a set of just transition pathways. Importantly, it notes carbon tax as a vital component of our mitigation strategy to lower greenhouse gas emissions,” President Ramaphosa said.

By internalising the cost of carbon emissions, the President said the carbon tax incentivises companies to reduce their carbon footprint and invest in cleaner technologies, and also generates revenue for climate initiatives.

The President said these funds can be reinvested in renewable energy projects, energy efficiency programmes and social support mechanisms.

Government has launched a number of other initiatives to meet the country’s emissions targets, and these include the Renewable Energy Independent Power Producer Procurement Programme, which has been successful, attracting over R209 billion in investment and adding much-needed capacity to the electricity grid.

President Ramaphosa said the Integrated Resource Plan, which outlines the country’s energy mix, is in the process of being updated.

The plan sets out a viable energy mix over the medium- and long-term to achieve the decarbonisation objectives.

WATCH | Climate Resilience Symposium

 

Just transition

The President said the Just Energy Transition Investment Plan sets out a quantified investment plan of some $98 billion, noting this will drive huge investments in the electricity grid, green hydrogen, electric vehicles, economic diversification, and skills development, amongst others.

“We continue to explore opportunities to meet our emissions reduction targets in minerals extraction, in green hydrogen production, in new power infrastructure, in electric vehicle manufacturing, and economic infrastructure upgrades.

“It is crucial that the transition to a low-carbon economy is just and inclusive and that no worker or community is left behind. The growth of clean tech, renewable energy, battery storage, green hydrogen and minerals for the future low-carbon economy must result in opportunities for affected sectors, employees, and communities,” the President said.

READ | Cabinet approves Just Energy Transition Implementation Plan

The President also noted that government is investing in retraining programmes, creating new job opportunities in renewable energy, and supporting small enterprises in affected areas.

The President further underscored a need for substantial investments to build sustainable infrastructure, develop green technologies and support social programmes.

Moreover, he noted the substantial gap between available disaster funds and the cost of disaster response.

“Even as we have taken proactive measures like setting up a Climate Change Response Fund, we need to think seriously about the urgent financial and policy measures needed to address these shocks, and how to strengthen the National Treasury’s disaster financing response,” the President said.

He said the Department of Forestry, Fisheries and the Environment is already working with the Presidential Climate Commission on recommendations for the Climate Change Response Fund, and an Adaptation and Resilience Investment Plan to accompany it.

The President called on international partners to fulfil their commitments to finance both, noting that mitigation and adaptation financing remains a challenge.

While acknowledging the positive steps taken with the establishment of the Green Climate Fund, including the Loss and Damage Fund, and other global mechanisms, President Ramaphosa emphasised a need for more innovative financing solutions that mobilise private capital and incentivise sustainable practices.

READ | Climate Loss and Damage Fund to be established for developing countries

“The National Treasury’s Climate Finance Strategy is pivotal in this regard, outlining how we can leverage public and private finance to achieve our climate goals. 

“We must not underestimate the importance of our own domestic capital and financial markets to innovatively mobilise and deploy capital towards our just transition,” President Ramaphosa said.

The President announced that the Just Energy Transition Funding Platform will be launched in the next few months.

The funding platform will be an important precursor to a broader Just Transition Financing Mechanism, proposals for which are being developed by the Presidential Climate Commission.

“We call on South African business to invest in the projects needed for a successful just transition in this country. We need to use blended finance to unlock private sector flows,” President Ramaphosa said. – SAnews.gov.za

GabiK
Mon, 07/15/2024 - 12:47

594 views
Read moreSouth Africa aims for zero emissions by 2050
15 July 2024

Front Loader vs. Top Loader: Which Washing Machine is Ideal for Your Household?

Location: MyPR

JOHANNESBURG, South Africa – July 2024 – In the quest for the perfect laundry routine, the choice between a front loader and a top loader washing machine can significantly impact your household’s efficiency and convenience. Both types offer unique advantages tailored to different needs and lifestyles. Here is a detailed guide to help you decide …

Read moreFront Loader vs. Top Loader: Which Washing Machine is Ideal for Your Household?
15 July 2024

Empowering South African Businesses: Neosun Energy’s Solar Solutions Offer Relief Amidst Electricity Price Hikes

Location: News
Neosun

With local South Africa branches  Global EPC company Neosun Energy (www.Neosun.com) offers affordable  solar energy solutions for local businesses to mitigate the impact of rising electricity prices.

According to South African Government reports, starting from July 2024, Johannesburg residents will experience a 12.72% increase in electricity costs under local authority tariff charges. Eskom's direct customers will increase  all tariff charges, excluding the affordability subsidy charge, from 1st  April 2024 to 31st March 2025.

This price hike will impact both residential and business customers, adding financial pressure across the board. The main issue is that new tariffs will increase business costs and reduce profit margins, which forces companies to increase prices and pass them onto the consumer. It means higher operational costs, potentially affecting profitability and leading to higher prices for goods and services.

In this challenging environment, Neosun Energy can play a pivotal role in alleviating the burden of increased electricity costs. Providing solar energy solutions, Neosun Energy can help businesses and local enterprises reduce their dependence on traditional, more expensive electricity sources.

“This increase will primarily affect businesses, especially small and medium-sized enterprises (SMEs), as their profitability will significantly decrease due to such a hike. The best solution to avoid this is to transition to solar energy, which locks in rates permanently. With solar generation, rates do not rise; they are fixed for the next 30 years. Solar Energy transferring -  is exactly what can help local enterprises gain their independence from constant bill increases, ” emphasized Ilya Likhov, CEO of Neosun Energy.

 Investing in solar energy, businesses can lower their operational costs over the long term, enhancing their profitability and competitiveness.

Today Neosun Energy is presented with 2 local branches in South Africa, located in Cape Town and Johannesburg, bringing to the South African market a high level service of a global company with experience in 16 countries around the world, and saving affordable prices for its customers.

"We firmly believe that establishing local Neosun Energy offices will bring us closer to local businesses and commercial enterprises, enabling us to offer affordable solar energy solutions such as solar plants, innovative energy storage systems, and portable Power Hubs." - added Mr. Likhov.

Distributed by APO Group on behalf of Neosun.

Media Contact:
For requests: info@neosun.com
CEO Neosun Energy

Social Media: 
Ilya Likhov - LinkedIn: http://apo-opa.co/3Y3WoSi

About Neosun Energy:
Neosun Energy (www.Neosun.com) is an international Solar EPC company that provides Commercial Solar PV & Energy Storage Solutions (ESS) with capacity from 200kW to 10MW for Commercial and Industrial projects Worldwide. The company constructs solar power plants and energy storage systems (ESS) on a turn-key basis, covering all stages of construction including design, equipment supply, construction, and commissioning. The company has implemented solar PV projects in 16 countries worldwide.

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15 July 2024

EcoFlow Announces Winter Sale in South Africa

Location: Business
EcoFlow

EcoFlow (www.EcoFlow.com/za) is pleased to announce its Annual Winter Sale, running from 15th July to 19th August. This year's sale features exclusive promotions on top-tier products, specially curated for those looking to prepare for energy interruption and the rising energy cost for a warm and load-shedding-free winter season.

The sale includes a wide array of products ranging from the best-selling portable power stations to the newly launched Alternator Charger. These deals include but are not limited to –

  1. DELTA 2 + 220W Bifacial Portable Solar Panels (https://apo-opa.co/4cVKTjY)

This dynamic duo, priced at R19,999 with a 32% discount, is perfect for providing whole-home backup power during winter load-shedding. The DELTA 2's powerful capacity combined with the efficiency of the 220W bifacial solar panels makes for an unbeatable combination.

  1. RIVER 2 Max + 160W Bifacial Portable Solar Panel (https://apo-opa.co/3S6JChX)

For those seeking more versatile power solutions, this combo offers reliable performance and on-the-go power convenience. The RIVER 2 Max weighs only 6.1kg and is an ideal energy partner for users who fancy a winter outdoor escapade. The 160W Bifacial Portable Solar Panel ensures the RIVER 2 Max stays powered up and ready, wherever you are. This combo is available at R8,999 with a 40% discount during the winter sale.

  1. DELTA 2 Max + 800W Alternator Charger (https://apo-opa.co/3S5kgBf)

The newly launched 800W Alternator Charger is a 3-in-1 charger, jump starter and battery maintainer. With demand for accessible energy and off-grid comfort across the RV, overlanding and van life communities, there is a need for unrestricted access to electricity that isn't dependent on fixed power locations or gas generators. The charger offers an exceptionally convenient and effective solution. During the winter sale, consumers can purchase the DELTA 2 Max along with the 800W Alternator Charger and receive an additional 220W solar panel at no extra cost.

EcoFlow is committed to delivering simple, flexible and reliable eco-friendly energy solutions. In face of rising energy costs and increased energy needs during winter, the seasonal sale provides a wonderful opportunity for people to integrate solar energy systems into their daily energy consumption routine.

The EcoFlow Annual Winter Sale kicks off on 15th July and runs until 19th August. Visit the EcoFlow South Africa website store (https://apo-opa.co/4cWYR5a) for more unbeatable savings and product details. For more information, please visit: https://za.EcoFlow.com/

Distributed by APO Group on behalf of EcoFlow.

Media Contact:
Haochen Zhang
haochen.zhang@ecoflow.com

About EcoFlow:
EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 3 million users in over 100 markets worldwide. For more information, visit: https://www.EcoFlow.com/au

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