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Government launches project for proper disposal of old electronic devices

Location: News

Government launches project for proper disposal of old electronic devices

In response to the challenge of waste management, government is providing households in Mpumalanga with easy access to recycling facilities, and offering guidance on how to properly separate and dispose of their old electronic devices.

“The increasing number of electronic devices being used without a proper system for disposal has led to the accumulation of waste that harms our environment and contaminates water and soil,” Deputy Minister of Forestry, Fisheries and the Environment, Bernice Swarts, said on Friday.

Addressing a service delivery imbizo in Bushbuckridge, Swarts said the project aims to change the way residents think about their waste.

“In Bushbuckridge Local Municipality (BLM), like many other parts of our country, improper disposal of e-waste has become a growing concern. As we all know, the municipality faces challenges with waste management, and electronic waste is one of the most problematic. The goal of this project is to test and implement a sustainable system for recycling e-waste in BLM,” the Deputy Minister said.

This initiative was launched in partnership with the Department of Forestry, Fisheries and the Environment (DFFE); Mpumalanga Department of Agriculture, Rural Development, Land and Environmental Affairs; Ehlanzeni District Municipality; BLM; industry and producer responsibility organisations (PROs).

“We aim to change the way residents think about their waste. The PROs will work with local enterprises and the municipality to set up collection points and provide infrastructure (such as collection bins) for separate collection of e-waste to ensure ongoing sustainability of the project.

“The local enterprises will be responsible for servicing the collection points. This process will prevent toxic substances from leaching into the soil and water, protecting both our environment and our health,” Swarts said.

The Deputy Minister said this project is about more than just waste management -- it is about creating jobs and stimulating local economic development. 

“Through this initiative, we are engaging more PROs to facilitate the increase of e-waste recycling. These organisations play a crucial role in managing the end-of-life phase of electronic products and are an important part of the national effort to promote a circular economy, where materials are reused and recycled rather than discarded. 

“Through collaboration with these organisations, we can ensure that this project is sustainable and scalable, with the potential to expand across other regions in the future.

“The importance of this project cannot be overstated. Not only will it help BLM manage its e-waste problem more effectively, but it will also contribute to our country’s broader environmental goals,” she said.

South African cities face a challenge with landfill space in the country, whereby some are expected to run out in six years if drastic steps are not taken to significantly reduce the amount of waste generated and accelerate recycling efforts. 

Census 2022 results indicate that only 20.6% of households in the Bushbuckridge Local Municipality (BLM) had their refuse removed at least once a week, with most households (72.1%) illegally dumping in open areas.

“As part of the National Waste Management Strategy 2020, South Africa has committed to reducing waste sent to landfills, increasing recycling rates, and promoting a circular economy.

“In the coming months, we will monitor the progress of this project to ensure that it meets its objectives. This includes tracking the volume of e-waste collected, the effectiveness of the community awareness campaigns, and the number of local jobs created through the project. 

“Our goal is to ensure that this project becomes a success story and a model that can be replicated across other municipalities in Mpumalanga and beyond,” she said. - SAnews.gov.za

nosihle
Fri, 01/31/2025 - 12:40

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Eskom and PwC settle R43 million dispute over cost reduction contract

Location: News

Eskom and PwC settle R43 million dispute over cost reduction contract

Eskom and PricewaterhouseCoopers (PwC) have reached a R43 million settlement in a high court case initiated by Eskom in 2021 related to a disputed cost reduction contract.

According to Eskom, the case aimed to “set aside a cost reduction contract, known as the ‘Capital Scrubbing engagement’, and recover payments made to PwC and Nkonki”. 

Eskom Group Chief Executive, Dan Marokane said: “Management’s commitment in dealing with cases arising from the findings of the Zondo Commission has been instrumental in achieving this outcome, and it underscores our dedication to restoring integrity within Eskom”.

The power utility explained that the contract had been “scrutinised by the Judicial Commission of Inquiry into Allegations of State Capture” - also known as the Zondo Commission. 

“Under the terms of the settlement, the disputed contract has been set aside, and PwC will pay Eskom a sum of R43 million in a full and final settlement of Eskom’s claim against PwC. This settlement is a significant milestone in our ongoing action plans to enhance governance and accountability,” Eskom said.

The power utility reaffirmed its commitment to dealing with corruption, while strengthening its generation recovery. 

“Eskom will continue to focus on implementing generation recovery, strengthening governance, and tackling crime and corruption while future-proofing the organisation to enable energy security, growth, and long-term sustainability to the benefit of South Africa and sub-Saharan Africa,” Eskom said.

For its part, PwC issued a statement, acknowledging that it had learned “important lessons” throughout the civil dispute process.

“PwC participated in good faith in what it believed was a compliant bidding process for the award of the Capital Scrubbing engagement. However, the State Capture Commission found the Capital Scrubbing contract between PwC and Eskom to be irregular as a result of Eskom’s non-compliance with relevant procurement laws.  

“There was no evidence that any partner or staff member from PwC was involved in any unlawful or irregular conduct in the bid for or award of the Capital Scrubbing engagement. Similarly, there was no finding of any wrongdoing against PwC made by the court in respect of the civil dispute between PwC and Eskom.

“We are pleased to have finally concluded this longstanding civil dispute. Going through this process afforded us the opportunity to reflect and learn some important lessons,” PwC said. – SAnews.gov.za

NeoB
Thu, 01/30/2025 - 10:09

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President convenes Cabinet Lekgotla

Location: News

President convenes Cabinet Lekgotla

President Cyril Ramaphosa has convened a Cabinet Lekgotla with leaders from all spheres of government - to review government’s progress on priorities, assess challenges and set the agenda for the seventh administration.

Addressing members of the media on the agenda of the two-day meeting, Minister in the Presidency, Khumbudzo Ntshavheni, said government was finalising the Medium-Term Development Plan (MTDP) 2024/2029.

The plan proposes three strategic priorities, which include inclusive growth and job creation; reducing poverty and tackling the high cost of living, as well as building a capable, ethical and developmental State.

“We are focusing on the practical actions that we need to take to make good on the promises that we have made and set practical timeframes so that we can realise the priorities of the MTDP.

“We also received a scene-setting report from National Treasury on the economic outlook and the global outlook -- trends that will inform government planning.

“We are looking at what we want to achieve in terms of reforms on global institutions, in particular the security system of the United Nations and global funding institutions,” the Minister said on Wednesday, on the sidelines of the Cabinet Lekgotla.

Other areas of focus include funding Small, Medium, and Micro Enterprises (SMMEs) and the “missing middle”, in reference to students whose household income is too high to qualify for National Student Financial Aid Scheme (NSFAS) funding, yet too low to afford tertiary education without financial assistance.

The Cabinet Lekgotla is taking place on 29 and 30 January 2025 at the Sefako Makgatho Presidential Guest House, in Pretoria. 

The outcomes of the meeting will shape government’s policies and programmes that will be announced by the President during his State of the Nation Address (SONA) in Parliament on Thursday, 6 February 2025, at 19:00. 

With the seventh administration being under the Government of National Unity (GNU), which comprises 10 political parties from across the spectrum, Ntshavheni emphasised that the meeting will prioritise the interests of the country.

“We are meeting as the GNU and we are not bringing party political interests. We are going to negotiate and discuss as members of Cabinet and representatives of provinces, which are represented by Premiers.

“We work for the best benefit of our country and not the best benefit of our parties. The engagements are on the level of us being members of the national executive,” Ntshavheni said.

South Africa’s term for the Group of Twenty (G20) presidency also features on the meeting’s agenda.

“As we are preparing to host the G20, we will receive a report on the logistics and the content on government goals for the summit,” the Minister said.

South Africa holds the G20 Presidency from 1 December 2024 to 30 November 2025, under the theme: “Solidarity, Equality, Sustainability” .

South Africa's G20 Presidency is the fourth consecutive emerging market Presidency, and it is also the first African Presidency, followed by the admission of the African Union (AU) as the second permanent African member. 

The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade. 

The G20 comprises 19 countries, including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States, and two regional bodies, namely the European Union and the African Union.

The grouping plays a critical role in influencing global policy making and fostering global economic stability. - SAnews.gov.za

 

nosihle
Wed, 01/29/2025 - 18:23

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Read morePresident convenes Cabinet Lekgotla

Stepping up: Pupils to benefit from school shoes initiative 

Location: News

Stepping up: Pupils to benefit from school shoes initiative 

While it is often said that clothes make the man, a new, shiny pair of school shoes may do just the same for many school pupils, especially those that are underprivileged. 

Deputy Minister in the Presidency Kenny Morolong on Tuesday received 470 pairs of school shoes from Capital Centric, on behalf of the Government Communication and Information System (GCIS) which will be donated to needy learners.  

Capital Centric is a dynamic, unlisted public company, specializing in private equity investments. Guided by the philosophy of Kaizen, which,  according to its website, emphasizes continuous improvement, the company focuses on identifying opportunities and building long-term value for its stakeholders.

The Deputy Minister said he was humbled by the gesture as he received the shoes. 

“We are quite elated by the commitment demonstrated by the private sector. This donation will go a long way in helping kids who under normal circumstances would not be able to walk to schools with shoes,” a beaming Morolong said on Tuesday.

He stressed that by working together, the private sector, civil society and government can do more to fundamentally alter the circumstances under which people live.

“This collaboration will go a long way. We really wish to thank you for collaborating with GCIS to drive the programmes that impact our communities. I am speaking for these children who under normal circumstances would not be able to receive these shoes,” said the Deputy Minister.

Capital Centric Chief Executive Officer, Nathaniel Bricknell, said the company not only invests in small, medium, and micro enterprises (SMMEs) and enterprises that are profitable, scalable and sustainable, but also takes pride in playing a pivotal role in driving social impact within the sectors it serves.

“We are elated to hand over 470 pairs of school shoes to GCIS, to be distributed to schools and learners in need,” said Bricknell.

Bricknell explained that each pair of shoes tells its own unique story. This as the shoes are manufactured in South Africa and crafted from medical waste that might otherwise have ended up in landfills or have been destroyed.

Collaboration

“These shoes, made from plastic consumables that transitioned from saving life to creating opportunity, represent the very essence of transformation and sustainability.

“We believe in the power of collaboration to amplify impact. That’s why we have invited other corporates such as FNB and others we work with daily to participate in similar initiatives that drive positive change” Bricknell explained.

Bricknell thanked the GCIS for fostering a cooperative environment that enables the private sector to play an active role in uplifting communities.

“Together we are not just investing in the future of businesses but also in the future of our children, our communities and our country,” he said.

The company's Non-Executive Director, Pearl Munthali, said the entity appreciates the partnership with government.

“We are hoping to continue to partner with government changing the lives of those who are underprivileged in our country,” Munthali said.

The donation comes as schools across the country reopened for the 2025 academic year.
SAnews.gov.za
 

Edwin
Tue, 01/28/2025 - 20:55

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Read moreStepping up: Pupils to benefit from school shoes initiative 

Revisiting the Africa-Paris Declaration: Progress, Challenges and the Road Ahead for African Energy

Location: News
Energy Capital & Power

The Africa-Paris Declaration, forged during the 2024 Invest in African Energy (IAE) Forum in Paris, was a pivotal moment in Africa's quest for sustainable energy solutions. Aimed at strengthening the continent's energy transition while addressing the urgent issue of energy poverty, the declaration set ambitious targets for expanding access to clean, affordable and reliable energy. With the 2025 edition of the forum approaching, now is the time to reflect on the progress made since the Africa-Paris Declaration and assess how these initiatives are shaping Africa's energy future.

Increased Engagement in Africa

In the months following the declaration, international investors, development banks and private equity firms have shown a steadfast interest in the African energy market. A key milestone was the launch of the Africa Energy Bank by the African Export-Import Bank and APPO, marking the creation of a first-of-its-kind institution designed to fund and facilitate energy initiatives across the continent. Several final investment decisions were successfully closed, including Shell's $5.5 billion Bonga North deepwater project. Additionally, strategic partnerships, including new PSCs signed by Panoro Energy in Equatorial Guinea and BW Energy in Gabon, highlight how international collaborations are accelerating energy development and creating new opportunities for exploration and production. This increased engagement is key to addressing the financing gap that has long hindered the growth of Africa's energy sector.

Natural gas continues to play a central role in Africa's energy strategy as a transitional fuel. The Africa-Paris Declaration underscored its importance as a bridge between traditional energy sources and renewable energy. Over the past year, significant strides have been made in natural gas exploration and LNG exports. Notable developments include Senegal's Greater Tortue Ahmeyim LNG reaching its first gas production, the Republic of Congo's first LNG exports to Italy from the Congo LNG project, Nigeria's UTM FLNG receiving its construction license, and Angola's Sanha Lean Gas Connection project achieving first gas, among others. These initiatives are not only crucial for advancing Africa's energy transition, but also serve as powerful drivers of economic growth by creating jobs and advancing infrastructure development.

Meanwhile, countries like South Africa, Egypt and Morocco are at the forefront of wind and solar energy development, with momentum expected to build as they meet renewable energy targets and explore new growth opportunities. These investments are driving a shift toward cleaner, more sustainable energy in Africa, though challenges remain. High costs of renewable technologies and insufficient grid infrastructure continue to hinder expansion, underscoring the need for more investment in off-grid and mini-grid solutions.

Investment Gaps Persist 

Despite these advancements, Africa still faces significant investment challenges. The financing gap for large-scale energy projects remains substantial and while the private sector has become more engaged, many projects still struggle to secure the necessary capital. In particular, the cost of financing remains high due to the perceived risks associated with energy investments in Africa. This is where continued efforts to de-risk investments and foster public-private partnerships are critical to unlocking the continent's full energy potential. Institutional capacity continues to be a challenge for many African countries. While progress has been made in improving regulatory frameworks, there is still a need for clearer policies, streamlined permitting processes and better enforcement of regulations. Governments must continue to strengthen their institutions to effectively implement energy projects and create an enabling environment for both local and international investors.

With the IAE 2025 forum just months away, industry stakeholders have an opportunity to reflect on the progress made since the Africa-Paris Declaration and determine next steps for the continent's energy future. The forum serves as a platform for government officials, industry leaders and financial institutions to renew commitments, share success stories and address ongoing challenges. While the road to universal energy access and a sustainable energy future is long, the declaration has set the framework for a collective effort that can lead to meaningful change. With the right investments, regulatory frameworks and political will, Africa can emerge as a global leader in energy innovation and sustainability.

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

IAE 2025 (www.Invest-Africa-Energy.com) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

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President signs landmark law to preserve and develop agricultural land

Location: News

President signs landmark law to preserve and develop agricultural land

President Cyril Ramaphosa has signed the Preservation and Development of Agricultural Land Bill into law, marking a significant step toward safeguarding South Africa’s agricultural land for long-term food production and economic growth.

The Presidency said in a statement that the law supports government’s objectives and priorities in respect of the sustainable management and use of natural resources. 

It also sets out a countrywide policy and regulatory framework for the preservation and development of agricultural land.

“The law creates an enabling environment for the development of the agricultural sector and an increased contribution by this sector to economic growth.

“The law seeks to protect and preserve agricultural land and its productive use to ensure that agricultural land is available and viable for the development of the agricultural sector,” the statement read. 

The law also reinforces South Africa’s efforts to ensure that agricultural land is used to its optimal potential to support long-term food production, which will have a positive impact on the economy.

Among other initiatives, the legislation sets out the purpose of provincial agricultural sector plans which will secure the coordination and harmonising of agricultural land use policies and plans to preserve a sustainable agricultural environment. 

The bill was introduced to address the growing challenges of land degradation, unsustainable land use practices, and the conversion of prime agricultural land for non-agricultural purposes. 

It is built around three main objectives:

•    Preservation of Agricultural Land: Protecting agricultural land to ensure it remains available for farming activities that support food security and rural livelihoods.
•    Development of the Agricultural Sector: Creating an enabling environment for the growth of agriculture, which is critical for job creation, economic development, and export earnings.
•    Sustainable Land Use Management: Establishing a clear policy framework to guide the optimal use of agricultural land in a way that balances food production with environmental sustainability. 

- SAnews.gov.za

DikelediM
Tue, 01/28/2025 - 11:43

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SA improves housing consumer rights

Location: News

SA improves housing consumer rights

President Cyril Ramaphosa has signed into law the Housing Consumer Protection Bill, which is geared at offering greater protection for housing consumers and support for new entrants in the home building industry.

According to a statement by the Presidency, the law also seeks to address “challenges identified by the Department of Human Settlements and the National Home Builders Registration Council (NHBRC), with regard to the Housing Consumers Protection Measures Act of 1998”.

“The new law seeks to ensure adequate protection of housing consumers and effective regulation of the home building industry by, inter alia, strengthening the regulatory mechanisms, strengthening the protection of housing consumers, introducing effective enforcement mechanisms and prescribing appropriate penalties or sanctions to deter non-compliance by homebuilders.

“The law deals with such matters as the personal liability of the members, directors or trustees of a homebuilder; duties of estate agents, financial institutions and conveyancers, and codes of conduct for NHBRC members, homebuilders, developers and other industry role players,” the Presidency said in a statement.

Furthermore, the new legislation will apply to professional home builders and owner-builders who are now “required to register with the registration council”.

“The law also introduces the enrolment of a home prior to the commencement of its construction by a homebuilder, consequences for failure to enrol a home, duties in respect of a subsidy housing project and consequences for failure by housing authorities or subsidy housing delivery agents to follow the law.

“The law applies to repairs, renovations, alterations and extensions to an existing home under the NHBRC’s regulatory regime,” the statement read.

The new Housing Consumer Protection also seeks to dismantle barriers to entrance into that market.

“The law also seeks to address the economic transformation of the building industry through the introduction of provisions relating to the warranty fund surplus, which may be used for developmental programmes for the homebuilding industry. The fund is used primarily to remedy major structural defects reported by homeowners to homebuilders and the HBRC.

“The law seeks to create an enabling environment for new entrants into the home building industry by introducing contractual provisions that ensure their sustainability in the market,” the statement concluded. – SAnews.gov.za

NeoB
Tue, 01/28/2025 - 08:51

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South Africa outlines G20 Presidency plans at WEF

Location: News

South Africa outlines G20 Presidency plans at WEF

As the world convened in Davos for the World Economic Forum (WEF) Annual Meeting recently, South Africa presented its vision for the G20 Presidency this year – outlining a path towards a more equitable and sustainable future.

This is according to President Cyril Ramaphosa who addressed the country through his weekly Presidential newsletter on Monday.

South Africa’s theme for the Group of Twenty (G20) Presidency is Solidary, Equality, Sustainable Development.

“We made the point that it is in the interests of all countries, large and small, wealthy and poor, to reduce global inequality. That is why one of our priorities is ensuring debt sustainability for low-income countries. By freeing up funds for debt relief in these countries, they will be in a better position to invest in infrastructure, industrial development, education, health care and other forms of development.

“Another focus area, which both reduces poverty and promotes sustainability, is the mobilisation of finance for a just energy transition. Through this, developing economy countries will be able to pursue a low-carbon development path while protecting the interests of affected workers, businesses and communities,” the President said.

Related to this, the President spoke of the “mobilisation of special financing and insurance to enable vulnerable countries to rebuild after being struck by natural disasters” and harnessing critical minerals “to promote inclusive growth and development”.

He emphasised, however, that in order for sustainable growth to be achieved, countries must work together.

“We stressed that our themes and priorities are underpinned by the principle of cooperation. Throughout history, human progress has been possible only through collaboration among peoples and countries. 

“We therefore renewed our call for the resolution of global challenges through multilateral actions. We called for inclusive solutions that recognise that the world is more interconnected than ever before,” he said.

Pressing further, the President emphasised that the current world climate shows that “no country can go it alone”. 

“No country can sustain its growth, stability and development without working together with other countries to overcome common problems,” he said.

Positive sentiment

President Ramaphosa revealed that South Africa’s message at WEF “resonated with the participants in Davos”. 
“It was a sentiment shared by many of the business leaders with whom we interacted, as well as with other heads of state and multilateral institutions.

“Many of the people we spoke to endorsed South Africa’s G20 priorities. They saw the value of our focus on Africa and the interests of countries with developing economies. They appreciated the importance of reducing inequality within and between countries and the need for new growth paths that are climate-friendly sustainable,” he said.

READ | President Ramaphosa outlines SA's G20 Presidency priorities at WEF

Furthermore, there was a much-improved sentiment towards “South Africa and the prospects for our economy in the years ahead”. 

“They commented on the successful transition from the 6th to the 7th administrations and the formation of the Government of National Unity. They saw this as a sign of stability and a common commitment among parties to inclusive growth, employment and a capable state. 

“They welcomed the far-reaching reforms that are underway in areas such as energy, logistics, telecommunications and water to grow and transform our economy.

“The South African delegation left Davos with a sense that there are many leaders in the world that share our vision of an inclusive, just and equal world. And that they are prepared and willing to work with us through our G20 Presidency towards the achievement of such a world,” President Ramaphosa concluded.

The annual WEF meeting held from 20 to 24 January 2025, convened global leaders to address key global, and regional challenges. – SAnews.gov.za

NeoB
Mon, 01/27/2025 - 11:17

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G20 Working Group commits to tackling financing for development

Location: News

G20 Working Group commits to tackling financing for development

The first 2025 G20 Development Working Group (DWG) meeting, which took place this week, was characterised by robust discussions aimed at tackling global development challenges.

This is according to the Department of Planning, Monitoring and Evaluation.

The meeting, which was held from 20 to 23 January, was officially opened by Minister in the Presidency, Maropene Ramokgopa, who emphasised the importance of fostering global solidarity, equality, and sustainable development to create a future characterised by resilience, inclusivity, and sustainability.

Over the three days, G20 DWG members emphasised the importance of investing in enabling the optimal provision of global public goods, universal social protection, financing for development, and the urgent need to address illicit financial flows (IFFs) in the pursuit of the Sustainable Development Goals (SDGs).

According to the department, the meeting reaffirmed that social protection was a critical tool in reducing poverty and inequality while fostering inclusive and sustainable development. 

“The G20 DWG highlighted the importance of scaling up social protection systems, particularly in developing economies, to ensure universal access to essential services. Discussions emphasised the necessity of addressing the needs of marginalised groups, including those in the informal economy and small enterprises, with an emphasis on ensuring that no one is left behind,” said the department.

A key focus of the meeting was the growing financing gap for achieving the SDGs. 

The DWG acknowledged the urgent need for additional, at-scale, and predictable financing to support sustainable development, particularly in Africa and other developing countries. 

Several speakers emphasised the need for stronger regulatory frameworks and international cooperation to enhance national capacities for tackling illicit financial flows (IFFs), which continue to undermine development efforts.

Illicit financial flows, particularly through trade mis-invoicing, were highlighted as a significant barrier to achieving the SDGs. 

“The G20 DWG also recognised the importance of partnerships between customs administrations, financial intelligence units, and law enforcement agencies in curbing these illicit flows. These efforts are crucial for creating fiscal space that enables countries to finance the SDGs and achieve long-term economic resilience.”

As part of its programme, the South African Presidency G20 DWG will host several meetings to develop key outputs and map out a programme of action to advance progress on the SDGs and other global development priorities. 

The 2025 G20 DWG meeting concluded with a clear commitment to tackling the interconnected challenges of social protection, financing for development, and illicit financial flows. 

“The discussions underscored the need for urgent action to close the development financing gap, mobilise resources effectively, and build resilient economies. 

“As the world moves closer to the 2030 SDG deadline, many speakers  in the G20 DWG emphasised the need to support developing countries in their pursuit of sustainable and inclusive development, with a focus on creating fiscal space, enhancing financial transparency, and ensuring that no one is left behind,” said the department. – SAnews.gov.za

Janine
Sun, 01/26/2025 - 11:52

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Ministers and CEOs to Convene at Invest Africa’s 12th Annual Mining Series

Location: News

Invest Africa
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Invest Africa (www.InvestAfrica.com), a leading pan-African trade and investment platform, is excited to announce Aon as the Headline Partner for its 12th Annual Mining Series alongside Mining Indaba 2025. With demand for transition metals expected to grow fivefold by 2050 as the world shifts to cleaner energy, Africa's mining sector will play a pivotal role in driving the global energy transition. Mining Series 2025 will convene government leaders, industry experts, and investors to examine how Africa can leverage its resources for sustainable and inclusive growth in an ever-evolving global market.

Confirmed speakers include: Mr Dean William Macpherson, Minister of Public Works and Infrastructure, Republic of South Africa; Dr Kgosientsho David Ramokgopa, Minister of Electricity, Republic of South Africa; H.E. Antony Phillipson, High Commissioner to South Africa, United Kingdom; Marna Cloete, President, Ivanhoe Mines; Marie-Chantal Kaninda, President, Glencore DRC; and Brian Menell, Chairman and CEO, TechMet; alongside other prominent leaders from government and industry [(for the full programme, click here (https://apo-opa.co/3PNtMr8)].

"The mining sector is at a crossroads as it navigates the dual challenges of accelerating demand for transition metals and the need for greater sustainability and transparency," said Dr Nolwandle Mgoqi, Chief Executive Officer, Aon South Africa. "Africa holds the key to powering the energy transition, but unlocking this potential requires a forward-thinking approach to risk management, resilient supply chains, and transformative technology. Aon is honoured to partner with Invest Africa in fostering critical dialogue and innovative solutions to shape the future of mining."

“We're seeing a tremendous appetite for investment in Africa's mining sector,” said Chantelé Carrington, Chief Executive Officer, Invest Africa. "Through the Mining Series, our mission is to shine a spotlight on opportunities across the continent and catalyse partnerships that unleash the full potential of Africa's resources while ensuring sustainable and inclusive growth."

Invest Africa is deeply grateful to all our partners for their support of the 12th Annual Mining Series, including: Absa, Afreximbank, Africa Finance Corporation, Aon, Black Mountain, Growth Gateway, Loinette Capital, Premier Invest, and S-RM.

To register for the 12th Annual Mining Series, please click here (https://apo-opa.co/4jtTWg4).

Distributed by APO Group on behalf of Invest Africa.

For media enquiries, contact: 
george.meadows@investafrica.com 
+2776891975 

About Invest Africa:
Invest Africa is a leading business and investment platform with over sixty years of expertise in Africa, dedicated to connecting businesses with unique opportunities across the continent. Our global network comprises more than 400 member companies, including multinationals, private equity firms, institutional investors, development finance institutions, professional service providers, government bodies, and entrepreneurs.

With chapters in Kenya, South Africa, the UAE, the UK, and the US, we leverage our global reach, market intelligence, and extensive network to support and connect businesses. Our mission is to drive socio-economic growth by facilitating sustainable capital flows and providing strategic insights through our membership, consultancy services, and dynamic events programme.

Read moreMinisters and CEOs to Convene at Invest Africa’s 12th Annual Mining Series

President Ramaphosa calls on nations to work together

Location: News

President Ramaphosa calls on nations to work together

President Cyril Ramaphosa has urged nations to work together to tackle a multitude of challenges facing the global economy, highlighting rising debt and climate change impacts, as burning issues. 

He was giving a special address to the 55th World Economic Forum in Davos on Tuesday as Head of State and in his capacity as the President of the G20. 

He called for collective efforts to rid the world of current conflicts causing untold pain and suffering to those affected.

“As we confront the challenges of the 21st century – from climate change to pandemics, from poverty to terrorism, from migration to artificial intelligence – we are again called upon to harness that most powerful, and that most enduring, of human attributes: mutually beneficial cooperation and collaboration. 

“This is a time of rising geopolitical tensions, unilateralism, nationalism, protectionism, isolationism, rising debt levels affecting poor countries in the world and a declining sense of common purpose,” the President said. 

The President emphasised that without cooperation and collaboration between individuals, groups, peoples and nations, humanity cannot progress.

“This is a moment when we should be standing together as a global community to resolve the problems that confront humanity by ending the wars and conflicts that are causing such hardship and misery to many people around the world.

“We are called upon by the exigency of the moment to act together with greater urgency to halt the destruction of our planet,” he said. 

President Ramaphosa further emphasised that this is a moment where countries should harness the abundant resources they collectively possess and the remarkable technologies that human ingenuity has produced to overcome poverty and inequality, unemployment, especially youth unemployment, and the abuse of women, "once and for all". 

Important to meet needs of present without compromising future

He emphasised that countries must meet the needs of the present without compromising the ability of future generations to meet their own needs. 

“It is therefore in the interests of all countries to act with greater urgency to reduce global emissions and for industrialised countries to support the climate actions that poorer countries must necessarily take in line with and in support of decisions of UN climate change summits,” he said. 

In addition to huge gaps in economic capabilities and levels of human development, the President said countries of the Global South face a lack of predictable financing for development and climate change, high levels of debt and vulnerability to pandemics.

“Debt sustainability for low-income countries is one of the four priorities of South Africa’s G20 Presidency. In the world we inhabit today, the pursuit of equality and the practice of solidarity cannot be separated from sustainable development,” he said. – SAnews.gov.za

DikelediM
Wed, 01/22/2025 - 12:33

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South Africa is undergoing ‘fundamental transformation’ – President Ramaphosa

Location: News

South Africa is undergoing 'fundamental transformation' - President Ramaphosa

President Cyril Ramaphosa, says South Africa is undergoing a “fundamental transformation” - as it seeks to accelerate inclusive economic growth.

President Ramaphosa was speaking at the South Africa Night World Economic Forum (WEF), held at the Garden Hall in Davos Klosters, Switzerland, on Tuesday evening.

The event, hosted by Brand South Africa, celebrated the country's G20 Presidency, an extraordinary opportunity to shape the global agenda for inclusive growth and sustainable development.

The event was held on the sidelines of the annual WEF meeting, which is taking place from 20-24 January 2025, under the theme: "Collaboration for the Intelligent Age". 

The President told the gathering that the country has introduced reforms in sectors, including water, electricity and logistics, that are serving as a base for economic growth.

“South Africa is undergoing a fundamental transformation. We have introduced bold economic reforms to overcome persistent challenges and unlock the vast potential of our country and its people. 

“These reforms have underpinned the country’s economic recovery in the wake of more than a decade of stagnant growth, state capture and the worst global pandemic in more than a century. These reforms are laying a firm foundation for sustained and accelerated growth into the future,” President Ramaphosa said.

He added that the reforms, and the subsequent structural transformation are “sharpening South Africa’s competitive edge, boosting productivity and attracting investment”.

The President pointed to the establishment of the Government of National Unity (GNU), as an example of the commitment from all leaders to maintain “stability, progress and partnership” in South Africa, as the country moves towards inclusive growth.

“While each party campaigned on different platforms, the Government of National Unity has agreed on a common programme to grow an inclusive economy, create jobs and build a capable state.

“Surveys have shown that South Africans have confidence in the Government of National Unity to take the country forward. It has also contributed to a marked improvement in business and investor confidence,” he said.

President Ramaphosa also pointed to partnerships that have been developed between government and social partners, in order to drive the country forward and face challenges together.

“We have a tradition of dialogue and cooperation, of working together to overcome even the most intractable of problems. As we confront the challenges of the present, social partners have been working together, in various forms and forums, to drive a programme of inclusive growth and transformation.

“A concrete example of this is the strategic partnership between the South African government and business. This collaboration focuses on innovative solutions to tackle critical issues, such as energy security, infrastructure gaps, crime and corruption, and job creation,” President Ramaphosa said.

President Ramaphosa described 2025 as “a momentous year for South Africa”, as the country takes its place as the first African country to bear the Presidency of the Group of 20 (G20).

He said through South Africa’s G20 Presidency, the country will demonstrate its unwavering commitment to global solidarity, equality, and sustainability.

“From the triumph of democracy 30 years ago, to our ongoing pursuit of inclusive growth, South Africa has demonstrated that collaboration and determination can shape a brighter future. It is this ethos we bring to the G20. 

“Our Presidency provides a platform to amplify voices that have often gone unheard. It is an opportunity to advocate for solutions that prioritise the well-being of all, particularly the most vulnerable. South Africa is well placed to play this role,” he said. – SAnews.gov.za

NeoB
Wed, 01/22/2025 - 10:30

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Read moreSouth Africa is undergoing ‘fundamental transformation’ – President Ramaphosa

President Ramaphosa arrives in Davos for the World Economic Forum

Location: News

President Ramaphosa arrives in Davos for the World Economic Forum

President Cyril Ramaphosa has arrived in Davos-Klosters, Switzerland, where he is leading the South African delegation at the 55th World Economic Forum (WEF). 

The annual meeting is taking place from 20-24 January 2025 under the theme; “Collaboration for the Intelligent Age”.

The meeting brings together global leaders to address key global and regional challenges, which include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.

Supported by his delegation, President Ramaphosa’s programme will begin this afternoon with a bilateral meeting with Founder and Chairman of the World Economic Forum Board of Trustees, Klaus Schwab. 

“During the G20 Presidency, South Africa will endeavour to create equitable opportunities for all by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively,” the Presidency said in a statement. 

President Ramaphosa is also set to deliver a Special Address to the forum at 15:50 (CEST), where he will outline South Africa’s economic priorities and advance the country’s G20 Presidency.

South Africa’s G20 agenda, themed “Solidarity, Equality, Sustainability,” aims to promote equitable opportunities, address systemic disparities, and foster global collaboration to tackle shared challenges.

The President’s Special Address will be live streamed on wef.ch/wef25 and PresidencyZA Social media platforms.

Throughout the week, the President will hold numerous bilateral meetings with Heads of State, and Government leaders, and Heads of International Organisations. He will also participate in a variety of sessions and activities in different sectors of the WEF annual meeting.

President Ramaphosa is joined by key Cabinet members, including Minister of International Relations and Cooperation Ronald Lamola; Minister of Finance Enoch Godongwana; Minister of Trade, Industry and Competition Parks Tau; Minister of Electricity and Energy Dr Kgosientsho Ramokgopa; Minister of Science, Technology and Innovation Dr Blade Nzimande; Minister of Communications and Digital Technologies Solly Malatsi; Minister of Fisheries, Forestry and Environment Dion George; Minister of Health Dr Aaron Motsoaledi and Minister of Agriculture John Steenhuisen. – SAnews.gov.za

 

DikelediM
Tue, 01/21/2025 - 13:09

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VFS Global’s new Indonesia e-Visa on Arrival official platform goes live for 97 nationalities, including South Africa

Location: News
VFS Global

  • Dedicated website https://IndonesiaVoA.VFSeVisa.id/ to complete the Indonesia e-VoA application
  • Simple to use end-to-end online platform accessible from desktop and mobile
  • Significant reduction in wait times at immigration upon arrival in Indonesia

VFS Global (www.VFSGlobal.com), the world's largest outsourcing and technology services specialist for governments and diplomatic missions, has launched its new user-friendly and efficient online platform to make Indonesia's Electronic Visa on Arrival (e-VoA) application process seamless for travellers, promote inbound tourism, and enhance overall customer experience. The platform is in line with Indonesian government's ongoing efforts to enhance its tourism infrastructure and services to welcome 14 million visitors in 2025.

VFS Global's new e-VoA platform, is available for nationals of all the 97 countries eligible for e-VoA (http://apo-opa.co/40si4qG), including South Africa. Travellers can now enjoy a quicker and smoother visa application journey through VFS Global by completing the entire process online and receiving a pre-approved e-VoA before departure.

Jiten Vyas, Chief Commercial Officer and Head of Business Development, VFS Global, said,
“As a company, we are constantly working towards innovations which provide a seamless visa application submission experience to our customers. The launch of this innovative, secure, and user-friendly digital e-Visa on Arrival platform for Indonesia will undoubtedly streamline the visa application process, making it faster, easier, and more convenient. With Indonesia being a globally sought-after destination, we are honoured to assist visitors from 97 countries by facilitating their entry into this incredible country through this platform.”

Here are the four simple steps to apply for Indonesia e-VoA:

  1. Visit https://IndonesiaVoA.VFSeVisa.id/
  2. Submit all the required documents
  3. Pay the necessary fees
  4. Receive a pre-approved e-VoA on email before departure

With the payment having been made online, travellers can enjoy a smoother and faster entry experience through E-gates or immigration counters.

VFS Global's new e-VoA platform will ensure all the documents applicants submit are complete and error-free. It also offers OCR technology which will enable applicant details to be auto populated, thereby saving time and effort for applicants. The new platform will also provide group booking facility which could be beneficials for travel trade and conventions.

Travellers applying for Indonesia e-VoA via VFS Global will get a dedicated email and live support in seven languages - English, Mandarin, Japanese, Korean, Arabic, German, and French – to help them with their queries. VFS Global will add more language support in due course of time for key markets.

Distributed by APO Group on behalf of VFS Global.

Media Contact:
George Cherian
Corporate Communications
georgec@vfsglobal.com
communications@vfsglobal.com

About VFS Global:
As the world's leading outsourcing and technology service specialist, VFS Global embraces technological innovation including Generative AI to support governments and diplomatic missions worldwide. The company manages non-judgmental and administrative tasks related to applications for visa, passport, and consular services for its client governments, increasing productivity and enabling them to focus entirely on the critical task of assessment.

With a responsible approach to technology development, adoption and integration, the company prioritizes ethical practices and sustainability while serving as the trusted partner to 69 client governments.  Operating over 3,400 Application Centres in 152 countries, VFS Global has efficiently processed more than 303 million applications since 2001.

Headquartered in Zurich and majority owned through investment funds managed by Blackstone Inc, along with the Swiss-based Kuoni and Hugentobler Foundation and EQT, VFS Global is committed to creating value for all stakeholders and leading in responsible, innovative solutions making government services more effective and efficient.

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Read moreVFS Global’s new Indonesia e-Visa on Arrival official platform goes live for 97 nationalities, including South Africa

South Africa to showcase country’s ‘energy agenda’ at WEF meeting

Location: News

South Africa to showcase country's 'energy agenda' at WEF meeting

Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, has arrived in Davos, Switzerland, for the World Economic Forum (WEF) meeting, where he is expected to spearhead South Africa’s energy agenda.

Ramokgopa is part of the South African delegation, led by President Cyril Ramaphosa at the 55th World Economic Forum annual meeting, currently underway in Davos-Klosters, Switzerland.

“The Minister…has arrived in Davos to join President Cyril Ramaphosa who is leading the South African delegation at the 55th World Economic Forum (WEF) from 20-24 January 2025, to share significant strides South Africa has achieved in energy stability, regulatory reforms and future energy plans that will enable inclusive economic growth,” the department said in a statement.

The Minister is supported by Eskom Group Chief Executive Dan Marokane and South African Nuclear Energy Corporation (NECSA) Group CEO, Loyiso Tyabashe, who are expected to “support in telling the South African energy story”.

“This year, South Africa is poised to showcase progress in energy reform and its commitment to a sustainable energy future and share how it will use the G20 Presidency to further regional and global sustainability goals. 

“As the nation embarks on an ambitious energy transition, the focus remains on achieving energy sovereignty, fostering sustainability, and promoting inclusive economic growth. The current positive sentiment South Africa enjoys based on stabilising the energy situation, augers well for its plans to attract investments into the country,” the department said.

The department outlined the key highlights of the country’s energy agenda at the WEF meeting, and these include:

  • Energy Reforms and Market Transformation: South Africa has successfully eliminated load shedding since March 2024, a testament to the effectiveness of recent energy sector reforms. The Electricity Regulation Amendment Bill, signed into law in August 2024, has modernized the electricity market, encouraging private sector participation and competition.
  • Elevating Private Sector Participation: The government is focused on increasing generation capacity from 48 GW to 78 GW by 2035, with significant investments in renewable energy, natural gas, and nuclear power. The collaboration between government through Eskom and other state-owned companies and private investors is crucial in driving this transition.
  • Advancing Renewable Energy Investments: South Africa has procured over 13,422 MW of renewable energy since 2020, with investments exceeding $16 billion. This positions the country as a competitive player in the global renewable energy landscape.
  • Global Leadership in Energy Transition: As South Africa prepares to assume the G20 Presidency in 2025, the focus will be on addressing global energy challenges, ensuring energy security and affordability, and promoting equitable energy transitions across Africa.

The department added that South African Energy Family delegation, aims to engage with international partners, to showcase the country's energy market reforms, and explore investment opportunities that will drive South Africa’s energy agenda forward. 

“This participation at the World Economic Forum underscores South Africa's commitment to leading the global conversation on sustainable energy transitions and climate action,” the statement said. – SAnews.gov.za

NeoB
Tue, 01/21/2025 - 09:23

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Eskom edges closer to meeting load shedding target

Location: News

Eskom edges closer to meeting load shedding target

Eskom Group Executive for Generation, Bheki Nxumalo, says eyes at the power utility are now firmly fixed on reaching a year without implementing load shedding - a target that is just slightly more than two months away.

This as Eskom reached 300 days without implementing the scheduled rolling black outs today.

“Credit goes to all our 40 000 dedicated and skilled Eskom employees, who are committed to serving South Africa. Our sights are now firmly focused on delivering one year without load shedding at midnight on 26 March 2025.

“These 300 days without load shedding have been characterised by a significant reduction in unplanned outages, which have long been one of the biggest challenges, a notable improvement in the energy availability factor of approximately 7%, and savings in diesel expenditure of R16.42 billion,” Nxumalo said.

The State-owned entity’s Group Chief Executive, Dan Marokane, said the performance is putting the power utility on a “path to profitability”.

Eskom’s performance has been on a steady upward trajectory since the implementation of the Energy Action Plan introduced by President Cyril Ramaphosa in July 2022, as well as the implementation of the power utility’s own Generation Recovery Plan.

“Public sentiment is shifting. Business leaders, who once had to invest precious capex in self-generation, have enquired whether they should revert to investing in Eskom for their power needs.

“The savings we are making in diesel spend are invested in the business to drive efficiencies further and place Eskom on a path to profitability and long-term operational and financial sustainability,” Marokane said.

Eskom said it will continue to focus on implementing plans to further improve performance.

“Eskom expresses gratitude to all stakeholders, including the Minister of Electricity and Energy, the Eskom Board, government and the National Energy Crisis Committee, for the collaborative effort in addressing the country’s electricity challenges.

“Eskom will continue to focus on implementing generation recovery, strengthening governance, and tackling crime and corruption, while future-proofing the organisation to enable energy security, growth and long-term sustainability to the benefit of South Africa and sub-Saharan Africa,” the power utility said. – SAnews.gov.za

NeoB
Tue, 01/21/2025 - 10:24

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Government increases fish allocation by 36%

Location: News

Government increases fish allocation by 36%

The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has announced a 36% increase in the allocation of certain key fish species.

This allocation marks a significant step towards empowering small-scale fishers, strengthening local economies and driving sustainable growth in South Africa’s fishing communities.

"This 36% increase in fish allocations for own use is about improving livelihoods, empowering fishing communities, and stimulating economic activity in our coastal regions. 

“By supporting small-scale fishers, we’re ensuring that they become central players in driving local development and sustainability,” the Minister said on Tuesday.

He said the increased allocations form part of a broader strategy to promote inclusive economic growth and job creation while preserving South Africa’s rich marine biodiversity.  

The Department of Forestry, Fisheries and the Environment is working to reinvigorate coastal harbours as hubs of economic activity and it wants to help uplift small-scale fishers so that they can fully capitalise on these expanded opportunities.

“This initiative reaffirms the government’s dedication to addressing socio-economic obstacles in coastal areas while ensuring the sustainable use of marine resources for future generations,” the department said. - SAnews.gov.za

nosihle
Tue, 01/21/2025 - 09:05

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Read moreGovernment increases fish allocation by 36%

Eskom to reach 300 days of no load shedding at midnight

Location: News

Eskom to reach 300 days of no load shedding at midnight

At midnight tonight, Eskom will reach 300 days without implementing load shedding – a milestone not seen since June 2018.

Eskom has shown vast improvement since the implementation of the Energy Action Plan introduced by President Cyril Ramaphosa in July 2022, as well as the implementation of the power utility’s own Generation Recovery Plan.

“This performance has also resulted in year-to-date diesel savings of R16.42 billion [year-on-year], which is about 62.9% less than the R26.09 billion spent during the same period last year, as a result of the continued execution of the Generation Operational Recovery plan.

“In August, Eskom shared its summer outlook for the period from 1 September 2024 to 31 March 2025, predicting a likely scenario of a load shedding free summer due to structural generation improvements. This outlook remains unchanged,” Eskom said.

The power utility listed the following as its key performance highlights:

  • Year-to-date unplanned outages average 12 040MW, remaining below the summer base case of 13 000MW by 960MW.
  • As of Friday, unplanned outages stand at 12 566MW, while available generation capacity is 28 145MW.
  • The Unplanned Capacity Loss Factor (UCLF) is at 25.22% for the financial year-to-date (1 April 2024 to 16 January 2025), improving from 32.78% in the corresponding period last year. This represents a 7.6% improvement.
  • Ongoing planned maintenance at 6799MW aligns with our summer maintenance strategy to further improve reliability in preparation for winter 2025 and beyond.
  • Strategic use of peaking stations, including pumped storage and OCGTs, remains available to manage electricity demand during peak times, particularly during evening peaks (5pm to 10pm).

Meanwhile, the power utility has appointed Dr Candice Hartley as Chief People Officer and Rivoningo Mnisi as Group Executive for Renewables.

Eskom Group Chief Executive, Dan Marokane, said: “In the last ten months, we have focussed on strengthening our executive team not only to bring in specialist skills to drive the delivery of our strategy in a fast-moving and increasingly competitive marketplace, but to also drive interventions to address the legacy management control issues that have characterised our recent audit findings”.

Hartley, who boasts two decades of experience in Human Resources, served as Executive Partner and Head of People at KPMG South Africa before joining Eskom.

Mnisi also brings to Eskom some two decades of experience in digitalisation, innovation, and sustainability and was Chief Strategy Officer at Exxaro before joining the power utility.

“A key area of [Hartley’s] focus will be to ensure Eskom has the skills the organisation requires to operate in a competitive marketplace. She will also transition Eskom’s human capital practices and workforce plans to align with the strategy and ensure the wider adoption of technology across the organisation.

“[Mnisi’s] focus will be on delivering an Eskom renewable energy business that will become a significant player in this segment, focussing on work already in progress for an executable initial pipeline of at least 2GW of clean energy projects by 2026. He will also lead the advancement of Eskom’s pipeline of more than 20GW of clean energy projects to diversify its energy mix as part of the emissions reduction strategy,” Eskom said in a statement. – SAnews.gov.za

NeoB
Mon, 01/20/2025 - 10:56

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President Ramaphosa Leads Delegation to the World Economic Forum

Location: News

The Presidency of the Republic of South Africa
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President Cyril Ramaphosa will lead the South African delegation to the 55th World Economic Forum (WEF) annual meeting that will take place from 20 to 24 January 2025 in Davos-Klosters, Switzerland.

The meeting, convened under the theme “Collaboration in the Intelligent Age”, will foster new partnerships and insights to shape a more sustainable, inclusive future in an era of rapidly advancing technology.

WEF convenes global leaders to address key global and regional challenges. These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.

South Africa's innovation and technology is crucial in driving economic development and addressing societal challenges, thus aiming to leverage technological advancements to promote inclusive growth and enhance global competitiveness. This would be achieved by modernising industries, advancing skill development, and improving public services.

President Ramaphosa will deliver a special address to the World Economic Forum, where he will present the economic priorities of South Africa's Government of National Unity and advance the country's G20 Presidency which is themed "Solidarity, Equality, Sustainability”.

South Africa is committed to leveraging the G20 platform to highlight the significance of fostering economic growth while ensuring social inclusion and environmental stewardship.

During the G20 Presidency, South Africa will endeavour to create equitable opportunities for all by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively.

The WEF Annual Meeting is a valuable opportunity for South Africa to demonstrate its potential as a hub for global investments and its ongoing structural reforms.

South Africa's delegation, which includes key government and business leaders, will engage with international stakeholders to strengthen partnerships and advance South Africa's economic and social agenda.

Through these engagements, South Africa aims to reaffirm its role as a key player in the global community, contributing meaningfully to discussions on sustainable development and collaborative solutions for a better future.

The President will be accompanied by Minister of International Relations and Cooperation Mr Ronald Lamola; Minister of Finance Enoch Godongwana; Minister of Trade, Industry and Competition Mr Parks Tau; Minister of Electricity and Energy Dr Kgosientsho Ramokgopa; Minister of Science, Technology and Innovation Dr Blade Nzimande; Minister of Communications and Digital Technologies Mr Solly Malatsi; Minister of Fisheries, Forestry and Environment Mr Dion George; Minister of Health Dr Aaron Motsoaledi and Minister of Agriculture Mr John Steenhuisen.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

Read morePresident Ramaphosa Leads Delegation to the World Economic Forum

President Ramaphosa leads SA delegation to WEF meeting

Location: News

President Ramaphosa leads SA delegation to WEF meeting

President Cyril Ramaphosa will be leading the South African delegation to the 55th World Economic Forum (WEF) Annual Meeting to be held in Davos, Switzerland.

The annual meeting to be held from 20 to 24 January 2025, convenes global leaders to address key global, and regional challenges. These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.

The South African delegation head into this year’s WEF annual meeting bearing the Presidency of the Group of 20 (G20).

In a statement on Monday, the Presidency said President Ramaphosa will deliver a special address to the World Economic Forum, where he will present the economic priorities of South Africa’s Government of National Unity 9GNU), and advance the country’s G20 Presidency, which is themed ‘Solidarity, Equality, Sustainability.

“South Africa is committed to leveraging the G20 platform to highlight the significance of fostering economic growth while ensuring social inclusion and environmental stewardship.

“During the G20 Presidency, South Africa will endeavour to create equitable opportunities for all, by addressing systemic disparities and promoting unity and mutual support to address shared global challenges collaboratively,” the Presidency said.

The Presidency noted that the WEF annual meeting is a valuable opportunity for South Africa to demonstrate its potential, as a hub for global investments, and its ongoing structural reforms.

“South Africa’s delegation, which includes key government and business leaders, will engage with international stakeholders to strengthen partnerships and advance South Africa’s economic and social agenda.

“Through these engagements, South Africa aims to reaffirm its role as a key player in the global community, contributing meaningfully to discussions on sustainable development and collaborative solutions for a better future,” the Presidency said.

The Presidency described the annual meeting as a gathering of “global leaders to address key global and regional challenges”. 

This year's meeting will be held under the theme “Collaboration in the Intelligent Age”.

These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding, a just and inclusive energy transition.

“South Africa’s innovation and technology is crucial in driving economic development and addressing societal challenges, thus aiming to leverage technological advancements to promote inclusive growth and enhance global competitiveness. 

“This would be achieved by modernising industries, advancing skill development, and improving public services,” the Presidency said.

The President will be accompanied by Ministers, including: 

  • Minister of International Relations and Cooperation Ronald Lamola, 
  • Minister of Finance Enoch Godongwana 
  • Minister of Trade, Industry and Competition Parks Tau
  • Minister of Electricity and Energy Dr Kgosientsho Ramokgopa 
  • Minister of Science, Technology and Innovation Dr Blade Nzimande 
  • Minister of Communications and Digital Technologies Solly Malatsi 
  • Minister of Fisheries, Forestry and Environment Dion George
  • Minister of Health Dr Aaron Motsoaledi
  • Minister of Agriculture John Steenhuisen, Dr Blade Nzimande; 
  • Minister of Communications and Digital Technologies Solly Malatsi; 
  • Minister of Fisheries, Forestry and Environment Dion George;
  • Minister of Health Dr Aaron Motsoaledi; and
  • Minister of Agriculture John Steenhuisen. – SAnews.gov.za

NeoB
Mon, 01/20/2025 - 11:17

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Eskom yet to decide on Tokologo Municipality potential disconnection

Location: News

Eskom yet to decide on Tokologo Municipality potential disconnection

Eskom says it has not yet made a decision with regard to the potential disconnection of bulk electricity supply to the Tokologo Local Municipality in the Free State.

As at December last year, the municipality owed the power utility some R328 million, leading to Eskom releasing a notice that electricity supply may be interrupted for a set number of hours per day from the end of January 2025.

However, on Thursday, Eskom said a decision is yet to be made.

“In the 28 November 2024 notice, Eskom committed to publishing a final decision on this matter on or before 16 January 2025.

“The potential disconnection is being considered due to the municipality’s failure to meet its payment obligations. This breach undermines Eskom's financial sustainability and jeopardises its ability to provide electricity nationally,” the power utility said.

Eskom explained that following the notice published in November, Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, brought all the parties together to discuss a way forward.

“The objective was to address the critical issue of municipal debt and establish a framework for cooperation between Eskom and municipalities within the processes of intergovernmental relations.

“Eskom confirms that these processes are still ongoing, and no final decision has been made regarding the potential disconnection. If a decision is made to disconnect bulk electricity supply to Tokologo Local Municipality, affecting Boshof, Seretse, Dealesville, and Hertzogville areas, Eskom will issue a revised disconnection date, which will be published with a notice period of at least 14 days,” Eskom explained.

The electricity supplier assured members of the public that it will address the issue with “fairness”.

“Eskom appreciates the input from members of the public who submitted
written representations regarding this matter. These submissions have been thoroughly reviewed as part of the decision-making process.

“Eskom remains committed to addressing this issue with fairness and transparency, all while ensuring its financial sustainability and the sustainable provision of electricity nationwide,” Eskom said. – SAnews.gov.za

NeoB
Fri, 01/17/2025 - 10:11

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WEF meeting a ‘golden opportunity’ for South Africa

Location: News

WEF meeting a 'golden opportunity' for South Africa

This year’s World Economic Forum (WEF) Annual Meeting to be held in Davos, Switzerland, will be significant for South Africa, particularly as the country takes its spot at the forum bearing the Presidency of the Group of 20 (G20).

This is according to Finance Minister Enoch Godongwana, who addressed the pre-WEF breakfast session held in Sandton on Thursday.

The WEF annual meeting will be held from 20 January, with several Ministers, civil society and business leaders from South Africa expected to attend.

“This year’s WEF is particularly significant for South Africa. For the first time in many years, the President of the Republic, His Excellency Cyril Ramaphosa, will lead the South African delegation. This presents a golden opportunity to not only strengthen South Africa’s visibility on the world stage, but to also profile our G20 Presidency. 

“Under the theme of Solidarity, Equality and Sustainability, our G20 Presidency reflects the essence of South Africa’s vision for global leadership,” Godongwana said.

The Minister told the breakfast session – which was attended by Ministers, high ranking government officials and business leaders – that Team South Africa will be presenting a united front at the WEF meeting.

“The WEF Annual Meeting brings together a wide array of key global stakeholders. These audiences are keen to understand the opportunities and challenges facing South Africa.

“It is essential that we align our key messages to showcase our country’s strengths, address misconceptions and advance our collective priorities. By presenting a unified message, we can enhance South Africa’s standing and influence in the global community,” he said.

The local environment

Godongwana acknowledged that the South African economy still faces challenges. However, he emphasised that there are reasons for optimism.

“The third quarter contraction, combined with the slight downward revision of the second quarter GDP, resulted in modest growth of 0.4% over the first three quarters of 2024. This was below the projections included in the 2024 MTBPS [Medium Term Budget Policy Statement] macroeconomic forecast. 

“However, we remain cautiously optimistic. There are significant upside risks to growth in the final quarter, including faster-than-anticipated easing of inflationary pressures, improved electricity reliability, and the stimulus effect of the withdrawals of the two-pot retirement system. While the road ahead is challenging, these positive indicators provide a foundation for stronger growth in 2025 and beyond,” he said.

The 2025 WEF annual meeting will be the first for the seventh administration and the Government of National Unity (GNU).

Godongwana said since its formation last year, the GNU has “demonstrated its potential to unite the nation and foster progress”.

“This era of governance has allowed for meaningful discussions on accelerating structural reforms. 

“The positive reception from both the markets and the public has created a conducive environment for the GNU to deliver on its commitments and build an investment friendly environment,” he said.

Returning to his earlier point, the Minister reiterated the importance of “collaboration between business and government, as we prepare to present South Africa’s story on the global stage”.

“As we prepare to represent South Africa in Davos, let us remember the strength that lies in collaboration. 

“Together, government and business can drive the messages that matter most, which are those of resilience, opportunity, and shared prosperity,” Godongwana concluded. – SAnews.gov.za

NeoB
Thu, 01/16/2025 - 12:20

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Read moreWEF meeting a ‘golden opportunity’ for South Africa

RMB, TDB and AFC to Spotlight Innovative Energy Financing Solutions at IAE 2025

Location: Business
Energy Capital & Power

Top financial leaders in Africa's oil, gas and energy sectors will take center stage at the Invest in African Energy (IAE) 2025 Forum (www.Invest-Africa-Energy.com/) in Paris, offering strategic insights on funding opportunities and the pivotal role of finance in advancing the continent's energy transition. Scheduled for May 13-14, 2025, the event will explore investment strategies, emerging market dynamics and financing solutions needed to unlock Africa's vast energy potential. Featured speakers include:

  • Liz Williamson, Head of Energy Corporate Finance, Rand Merchant Bank
  • Admassu Tadesse, Group President & Managing Director, Trade Development Bank
  • Taiwo Okwor, Vice President, Investment, Africa Finance Corporation 

Rand Merchant Bank (RMB) continues to play a key role in financing energy and infrastructure projects across Africa, supporting the continent's energy transition. In partnership with the European Investment Bank, RMB's holding company, FirstRand Bank, recently launched a €400 million initiative to expand renewable energy projects in South Africa, enhancing clean energy supply, reducing carbon emissions and creating jobs.

IAE 2025 (https://apo-opa.co/3C1xE4G) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

 The Trade and Development Bank (TDB) has spearheaded numerous high-impact financing projects that strengthen energy infrastructure and promote sustainability across Africa. Notable initiatives include a $150 million Trade Finance Risk Participation Agreement with the African Development Bank to boost intra-African trade and regional integration, expected to support $1.8 billion in trade over three years. Additionally, TDB secured a $100 million facility from British International Investment to finance essential imports and exports for African markets.

Africa Finance Corporation (AFC) remains at the forefront of large-scale infrastructure financing, focusing on critical energy projects that support the transition to cleaner energy sources. Earlier this month, the AFC announced plans to invest over $3 billion in 2025, with priority initiatives including a transnational railway connecting Zambia's mines to Angola's Port of Lobito, as well as investments in renewable energy, electrification, agriculture and eco-tourism to boost regional development. The upcoming forum is set to explore how Africa's energy market is evolving and the innovative financing solutions required to support large-scale energy projects, especially in the oil and gas sector.

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

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SA’s natural resources can drive inclusive growth: President Ramaphosa

Location: News

SA’s natural resources can drive inclusive growth: President Ramaphosa

President Cyril Ramaphosa says South Africa’s tourism sector, largely underpinned by its natural endowments, has great potential to drive inclusive growth.

“As the festive season makes way for the start of the new year, many South Africans have been returning home from different parts of the country. Some people have been visiting family, while others have been exploring new places.

“This is a time of year when we get to appreciate why our country is such an attractive destination for visitors. We are blessed with natural splendour that is an integral part of our national heritage. It is an asset to our economy that every year draws millions of tourists from around the world to our shores,” the President said in his newsletter to the nation on Monday.

Over the past week, the President was in the Western Cape and visited Robben Island, which is one of the country’s major tourism attractions. A leading industry publication recently ranked Robben Island, alongside Table Mountain and the Kruger National Park, as among the top tourist attractions on the continent.

Beyond the substantial natural resource endowments of the beaches, national parks and biodiversity conservation areas, cultural and heritage tourism is also thriving in South Africa.

“We are home to 12 UNESCO World Heritage Sites. These include Robben Island and the Cradle of Humankind in Gauteng, which has among the largest known concentrations of Hominid fossils in the world.

“Last year, the World Economic Forum ranked South Africa as Africa’s premier tourism destination. It said this was due to factors such as our business operating environment, information technology and tourism infrastructure and services,” President Ramaphosa said.

Following a slump in tourism numbers as a result of the COVID-19 pandemic, inbound tourism is on the rise. In 2023, South Africa recorded around 8.5 million international tourist arrivals. These visitors spent over R95 billion.

Domestic tourism is the mainstay of the tourism economy. Between January and July last year, South Africans took over 21 million trips to explore their country.

President Ramaphosa said the tourism sector has the potential to be even larger than it currently is.

“We are scaling up a range of tourism promotion strategies to restore inbound tourism figures to pre-pandemic levels. These strategies include an improved tourism visa regime, streamlining the tour operator license process, increased investment in tourism infrastructure and services, and improving safety and security at tourism sites.”

The tourism sector in South Africa employs about 1.5 million people both directly and indirectly. Through the Presidential Employment Stimulus, South Africa continues to support job creation by providing work opportunities for young people as tourism monitors in different provinces and supporting tourism-related SMMEs.

Tourism is a growth area for small business development. In line with the global shift towards sustainability, figures from South African Tourism show that increasing numbers of new tourism ventures are centred around sustainable tourism and eco-friendly business practices.

This year, South Africa will host the first ever summit of the G20 on African soil. 

“We will use this opportunity to profile and actively promote South Africa as a tourism destination of choice,” President Ramaphosa said.

According to UN Tourism, the G20 economies represent over 70% of all international tourist arrivals worldwide and 82% of tourism’s global GDP. Just as Brazil did last year during its hosting of the G20 Summit, South Africa will promote the role of tourism in creating jobs and advancing sustainable development in the countries of the Global South.

The Government of National Unity has identified the growth of tourism as a vital part of creating employment. In October last year, the Minister of Tourism released a new White Paper on the Development and Promotion of Tourism in South Africa. This will guide our approach to building a sustainable, competitive and inclusive tourism industry.

“By working together as government, business and communities, we can ensure that the natural splendour of our country becomes a driver of economic growth, job creation and shared prosperity,” the President said. – SAnews.gov.za

Matona
Mon, 01/13/2025 - 10:11

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Read moreSA’s natural resources can drive inclusive growth: President Ramaphosa