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Pandor pleased by growing trade with Austria

Location: News

Pandor pleased by growing trade with Austria

International Relations and Cooperation Minister, Dr Naledi Pandor, has welcomed the growing overall trade between South Africa and Austria and the rising tourism numbers from the landlocked country in central Europe. 

“We appreciate the valuable contribution that Austrian companies are making in South Africa, particularly in job creation, skills development and technology transfer,” she said on Thursday.

The Minister was sharing her remarks during the joint media briefing with her Austrian counterpart, Minister Alexander Schallenberg, in Pretoria. 

Pandor took the time to thank Schallenberg for honouring his invitation to come to South Africa for the meeting and engagements aimed at solidifying relations between the two countries. 

South Africa’s bilateral relations with Austria, according to the Minister, are sound and on an upward trajectory. 

This was evident when South Africa successfully hosted the third meeting of the South Africa-Austria Bilateral Consultations in Pretoria in 2022, after a two-year hiatus, due to the COVID-19 pandemic.

“During our deliberations today, we discussed the status of our bilateral cooperation as well as regional developments on the continent, current international developments and our robust cooperation in the multilateral arena.” 

The South Africa-Austria bilateral cooperation includes renewable energy; wastewater treatment, recycling and organic agriculture; innovation and digitalisation; and environmental technologies.

Schallenberg and his delegation will engage with South African business in a Business Forum arranged by the Department of Trade, Investment and Competition.   

Austria, according to Pandor, is renowned for its vocational training and South Africa is keen to engage the Austrian government on the possibilities of establishing a Memorandum of Understanding (MoU) in the field of vocational training. 

Schallenberg and Sport, Arts and Culture Minister Zizi Kodwa will also sign a MoU on arts and culture during the opening of the Austrian Cultural Forum tonight, which according to Pandor further illustrates the nations’ increased bilateral and people-to-people cooperation.

“South Africa appreciates Austria’s global standing, reputation, and advanced technological capability in the renewable energy space, which makes Austria a natural partner for South Africa. 

“Minister, once again I welcome you and your delegation and wish you a successful and pleasant stay in South Africa,” she added. – SAnews.gov.za

 

 

Gabisile
Thu, 12/14/2023 - 13:24

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Read morePandor pleased by growing trade with Austria

Sandton Central Management District unveils modern tourism ambassadors to enhance public services in December

Location: MyPR

In a community-driven move to boost public services and enhance the safety and experience of visitors, the Sandton Central Management District (SCMD) has introduced the addition of thirty-two new tourism ambassadors to the precinct. This initiative, in collaboration with Joburg Tourism, sets Sandton Central apart as a premier City Improvement District in South Africa, especially …

Read moreSandton Central Management District unveils modern tourism ambassadors to enhance public services in December

Building a Strong Personal Brand in the Digital Age: Insights and Strategies

Location: MyPR

By Prabashni Reddy – Marketing Manager at Regent Business School The world we live in has become a hyper-connected world, a strong personal brand is not just a nice-to-have; it’s an essential tool for professional growth and success. As the digital landscape continues to evolve, the way we present ourselves online can significantly impact our …

Read moreBuilding a Strong Personal Brand in the Digital Age: Insights and Strategies

Operation Vulindela making “significant progress”

Location: News

Operation Vulindela making “significant progress”

The Presidency and National Treasury have released the third and fourth quarter progress report of Operation Vulindlela.

The report was released during a media briefing on Monday.

Operation Vulindlela was launched in 2020 and is an initiative between Treasury and the Presidency aimed at, among other things, accelerating the implementation of structural reforms and to support South Africa’s economic recovery.

The five desired outcomes of Operation Vulindlela are:

  • Stabilising of the electricity supply
  • Reduce cost and increased quality of digital communications
  • Sustainable water supply to meet demand
  • Competitive and efficient freight transport
  • A visa regime that attracts skills and grows tourism

National Treasury’s Nomvuyo Guma said: “In the time that Operation Vulindela has been in operation, we’ve been able to make significant progress in accelerating these reforms”.

The key achievements for quarters three and four are:

  • Analogue switch-off (ASO) was completed for all frequencies above 694 Megahertz (MHz) to enable the use of spectrum for mobile telecommunications. This key reform will improve network quality, reduce data costs and expand digital access.
  • The Electricity Regulation Amendment (ERA) Bill is on track in the National Assembly, with hearings completed in all provinces. The Bill represents a fundamental reform of the energy sector, and will establish a competitive energy market.  
  • Three units at Kusile power station were returned to service ahead of schedule. This additional capacity has enabled a reduction in the severity of load shedding, with work underway to complete the remaining units at Kusile and Medupi power stations in 2024.
  • Eskom launched the Cross Border Standard Offer Programme (CBSOP). This programme enables Eskom to purchase up to 1 000 MW power of power on a short-term basis from utilities and Independent Power Producers in neighbouring countries. 
  • The Minister of Public Enterprises announced the appointment of a permanent board for Transnet National Ports Authority (TNPA). This will replace the current interim board and is a crucial step in the process of establishing the TNPA as a subsidiary of Transnet.
  • An international terminal operator was selected to partner with Transnet at the Durban Pier 2 container terminal. This will crowd in private investment and management expertise to improve the performance of South Africa’s largest container terminal.
  • The Department of Home Affairs launched the Trusted Employer Scheme, which is a key recommendation of the work visa review. The scheme will allow major investors and large employers to follow a streamlined process with improved turnaround times.
  • A One Stop Shop was established for energy projects to accelerate private investment. The One Stop Shop will facilitate regulatory authorisations for energy projects, with the aim of establishing a single, fully electronic application process.

Looking long term

Looking at the overall achievements of Operation Vulindela over the past three years, Guma said government’s “legislative agenda has continued to make progress”.

“We’ve made some regulatory changes to allow private investment in electricity generation. We are currently tracking an energy pipeline of renewables that is up to 66GW at this stage. From an investment point of view, what we’ve tracked is a pipeline of over R200 billion worth of investments.”

Turning to telecommunications, Guma said the spectrum auction concluded last year has “resulted in an immediate boost of R14 billion to the fiscus” also resulted increased download and “increased investments into the sector”.

Guma said a comprehensive review of the work visa system and the revised immigration regulations has also been completed.

Other achievements since the launch of Operation Vulindela are:

  • The National Rail Policy adopted to guide the modernisation and reform of the rail sector, including third-party access to the network
  • Backlog of water use licenses has been cleared and license application system re-engineered, unlocking billions of Rands in investment
  • Private sector participation introduced in container terminals, to crowd in investment and improve the efficiency of port operations
  • eVisa system expanded to 34 countries, with almost all countries now covered by either a visa waiver or eVisa
  • Legislative reforms underway to create a transport economic regulator, reform the electricity sector, and establish a National Water Resources Infrastructure Agency

The full progress report can be accessed at https://www.stateofthenation.gov.za/operation-vulindlela - SAnews.gov.za

NeoB
Mon, 12/11/2023 - 12:38

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Read moreOperation Vulindela making “significant progress”

Deputy President on working visit to Southeast Asia

Location: News

Deputy President on working visit to Southeast Asia

Deputy President Paul Mashatile has arrived in the Republic of Singapore to begin the first leg of his first working visit to Southeast Asia.

The Deputy President began his visit on Sunday with a tour of the Marina Barrage development, Singapore’s innovate water resource management project. 

As a resource-poor and water-scarce country, Singapore has invested significantly in research and development of water management and sustainability. Most impressively, the country has made big strides in the area of seawater desalination.

“The Deputy President’s visit to the country is aimed at building and strengthening bilateral relations, particularly increasing trade, economic, knowledge and cultural exchange between the two States,” the Presidency said in a statement. 

Singapore is a global financial hub and is considered one of the premier asset management centres in Asia. The World Bank has ranked Singapore as the number one country in the world for ease of doing business since 2006, and the country is an important global aviation and maritime hub. 

Singapore is also considered an important gateway for the export of goods and services to Southeast Asia and a hub for joint venture partnerships throughout Asia. It is an important centre for South African businesses looking for opportunities to expand operations on the continent.

As part of his programme, the Presidency said, Mashatile will visit the Lee Kuan Yew School of Public Policy and deliver a public lecture on the 30 years of diplomatic relations between South Africa and Singapore titled “Celebrating a journey of mutual respect, strategic partnership and cooperation.”

The Deputy President is accompanied in Singapore by Deputy Ministers for International Relations and Cooperation, Candith Mashego-Dlamini; Trade, Industry and Competition, Nomalungelo Gina; Higher Education, Science and Innovation, Buti Manamela; Communication and Digital Technologies, Philly Mapulane; Forestry, Fisheries and the Environment, Magdalene Sotyu, and senior government officials.

Trade and diplomatic links

One of the key areas of collaboration between South Africa and Singapore is trade. Singapore is one of South Africa's largest trading partners in Southeast Asia, with trade between the two countries totalling approximately R28 billion in 2022.

Singapore is a significant investor in South Africa, with investments totalling over R5 billion in sectors such as manufacturing, financial services and real estate.

South Africa's economic relations with Singapore are focused on trade, investment, tourism promotion and skills transfer.

South Africa exports a range of products to Singapore, including gold, diamonds and wine, while Singapore exports electronics, chemicals and machinery to South Africa.

In May this year, President Cyril Ramaphosa hosted Prime Minister Lee Hsien Loong of the Republic of Singapore for an Official Visit in Cape Town.

Singapore’s visit to South Africa continued the high-level engagement the two governments have fostered since diplomatic relations begun in 1993, ahead of South Africa’s democratic transition.  

Since then, the two countries have shared excellent bilateral relations, which have formed the basis of regular high-level visits.

2023 marks the 30th anniversary of the establishment of diplomatic relations between the Republic of South Africa and the Republic of Singapore as partners who work together closely in multinational fora. 

Singapore, like South Africa, is a member of the Indian Ocean Rim Association (IORA), the Commonwealth, as well as the Non-Aligned Movement (NAM).

The two countries have signed numerous agreements to enhance cooperation in areas such as trade, investment, education, and defence.

The May visit was preceded by an official visit undertaken by the Minister of International Relations and Cooperation, Dr Naledi Pandor, to Singapore in July 2022 to strengthen bilateral relations.

In May, President Ramaphosa and Prime Minister Hsien Loong held official talks on cooperation in the areas of communications and digital technology, science and innovation, water and sanitation and skills development.

The leaders discussed the potential for closer collaboration in these areas when they met on the sidelines of the G20 Leaders Summit held in Bali last year. 

The visit brought captains of industry from the respective countries to collaborate in sectors ranging from ports, logistics and supply chain, healthcare and biomedical, food manufacturing and engineering. – SAnews.gov.za

GabiK
Sun, 12/10/2023 - 12:58

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Read moreDeputy President on working visit to Southeast Asia

World-class Wellness Way route launched on the KZN South Coast

Location: MyPR

Globally the wellness tourism market has grown as travellers place more emphasis on physical, mental, and spiritual wellbeing. On the KZN South Coast, where the natural beauty supports overall health, the first-ever South African wellness travel route – The Wellness Way – is being launched by Odyssey Magazine and The Southern Explorer, supported by South …

Read moreWorld-class Wellness Way route launched on the KZN South Coast

Showcase your business this summer by supporting the Sapphire Sizzling Summer Beach Campaign

Location: Entertainment, MyPR

Holidaymakers looking to relax by the seaside this summer will soon be heading to the beautiful Sapphire Coast! This is a prime opportunity for local businesses to expand their brand and capture a new market – and the Sapphire Sizzling Summer Beach Campaign, running from 20 to 31 December, provides the perfect platform. Promotional and …

Read moreShowcase your business this summer by supporting the Sapphire Sizzling Summer Beach Campaign

Lifestyle, affordability, and massive development unlock KZN Mid-South Coast’s growing potential

Location: MyPR

The post-pandemic trend of living that holiday lifestyle now continues to inspire buyers who are prioritising happiness and well-being. The coast remains a popular location but the high property prices often make this an unrealistic possibility. On the KZN Mid-South Coast, where large-scale developments are unlocking the region’s property potential, discerning investors are getting in …

Read moreLifestyle, affordability, and massive development unlock KZN Mid-South Coast’s growing potential

Government departments urged to pay suppliers on time

Location: News

Government departments urged to pay suppliers on time

Public Service Commission (PSC) Commissioner Anele Gxoyiya says out of 40 national government departments, only 15 have fully complied with the policy on timeous payment of service providers.

Gxoyiya on Tuesday addressed media in Pretoria on the PSC’s Quarterly Bulletin titled: ‘The Pulse of the Public Service’.

According to the PSC, the number of invoices paid after 30 days by the national and provincial departments amounts to 117 158, with the rand value of R11.1 billion.  This represents a regression of 12% when compared with the number of invoices paid after 30 days by national and provincial departments during the first quarter of the 2022/23 financial year, which amounted to 104 937 invoices, with the rand value of R8.6 billion.

Gxoyiya encouraged the departments that are compliant to maintain their performance and continue to pay all legitimate invoices from suppliers within 30 days, as required by the Public Finance Management Act (PFMA) and its related prescripts.

“The rand value of invoices paid after 30 days in the first quarter of the 2023/24 financial year amounted to R1.2 billion, and this indicates a regression of 126% when compared to the rand value of invoices paid after 30 days in the first quarter of the 2022/23 financial year, which amounted to R530 million,” said Gxoyiya.

The most common reasons provided by both the national and provincial departments for the late or non-payment of invoices are interruptions caused by poor internal controls, internal capacity, and budget constraints.

“North West provincial departments reported the second highest invoices paid after 30 days, amounting to 12 988 invoices, with the rand value of R880 million during the same period.

“In contrast, Eastern Cape provincial departments reported the highest number of invoices older than 30 days amounting to 25 789, with the rand value of R2.3 billion at the end of June 2023,” Gxoyiya said.

According to the PSC, the main contributing departments towards late or non-payment of invoices at national level are the Departments of Home Affairs; Correctional Services; Defence; Military Veterans; South African Police Service; Agriculture, Land Reform and Rural Development; Transport; Water and Sanitation; Public Works and Infrastructure; Health, and Tourism.

Gxoyiya advocated for transparency in dealing with public finances.

“Transparency is subtly intertwined with accountability... Transparency is pivotal to democracy and accountability, as well as upholding the principles of responsiveness and efficiency.

“In many ways, democracy is government by explanation because in an open and democratic society, government should be accountable for its actions and decisions, which should be informed by rational considerations that are explicable to those affected by them,” Gxoyiya said. – SAnews.gov.za

Edwin
Tue, 12/05/2023 - 13:34

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Read moreGovernment departments urged to pay suppliers on time

‘Tis the sea-sun for outdoor adventures on the KZN South Coast

Location: Entertainment, MyPR

The holiday season is around the corner, and with the warmer weather enticing everyone outdoors, the KZN South Coast is: Destination…summer! There are endless outdoor adventures for the whole family to enjoy from the sea to the sky! “Adventure tourism and nature-based experiences are top of the list for many visitors, and we’re so fortunate …

Read more‘Tis the sea-sun for outdoor adventures on the KZN South Coast

First buyers seize ownership at KZN South Coast’s exciting recent eco-estate development

Location: MyPR

Real estate on the KZN South Coast holds major potential for keen investors looking for a quality coastal property at unbeatable value for money. This is fast being realised as local and international buyers are investing in a number of catalytic property developments in the region. One such example is the R800m Serenity Hills eco-estate, …

Read moreFirst buyers seize ownership at KZN South Coast’s exciting recent eco-estate development

Class of 2023 urged to celebrate responsibly

Location: News

Class of 2023 urged to celebrate responsibly

As the Class of 2023 nudges closer to finishing their National Senior Certificate (NSC) examinations, Basic Education Minister Angie Motshekga has urged learners to stay safe and act responsibly in their celebratory moments. 

The Minister said this when she briefed the media on Sunday in Pretoria.

This week marks the final week of exams with only six NSC papers left to write.

“Now that the Class of 2023 is about to finish writing, we urge them to be safe. This may mark the end of the 12 years that you spent in the basic education sector; however, it is certainly not the end. Many of you are gathering in various places to celebrate the end of exams. As you do so, I urge you to act responsibly,” the Minister said. 

Motshekga said the department noted with great concern that learners were hosting and attending “pens down” parties.  

“What is clear is that as much as this time is cause for celebrating, hundreds of our youth are overindulging in alcohol, binge drinking, and even finding themselves in trouble with the law.  

“You may have turned 18 years of age and therefore reached the legal age to consume alcohol but you must understand that adulthood comes with lifelong responsibilities,” she said. 

The Minister said the Gauteng Liquor Board has highlighted the dangers of overindulgence in drinking alcohol. This is in addition to the call to retailers to refrain from selling alcohol to underage children.

She said the department hopes to see more of these efforts across the country.

“May we always remember the tragedy of Enyobeni Tavern in the Eastern Cape, and many other such events, where the lives of young people were cut short, in incidents that could have easily been avoided.

“We urge parents, to know where your children are, with whom they are, and what they are doing. We need them back in 2024, as they continue with their education journey,” she said. 

Rewrites

There will be rewriting opportunities for candidates who experienced technical challenges during the writing of Computer Applications Technology (CAT) Paper 1 in five provincial education departments and Information Technology Paper 1 in one provincial education department and those who could not complete due to load shedding. 

This also includes Tourism Practical Assessment Task (PAT): 19 candidates in the Northern Cape and 32 candidates in the North West.

The Computer Applications Technology (CAT) Paper 1 and Information Technology Paper 1 will be written in the morning of 6 December 2023.

Tourism Practical Assessment Task (PAT) Paper 1 will be written in the afternoon on 6 December 2023

Tourism Practical Assessment Task (PAT) Paper 2 will be written in the morning of 7 December 2023.

The Minister announced the matric results announcement will take place on 18 January and the provincial release will take place on 19 January.

The department, she said, is confident that the all-important marking process, capture of results, standardisation, resulting and release of results will proceed according to plan. – SAnews.gov.za

DikelediM
Mon, 12/04/2023 - 13:43

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Read moreClass of 2023 urged to celebrate responsibly

New Buy Local members extend rural and township tourism on the KZN South Coast

Location: MyPR

Tourism is the lifeblood of the KZN South Coast economy, and while significant strides are being made in various key investment sectors, there is still massive potential yet to be uncovered for tourism beyond the coast. Two new Buy Local members, Monate Outdoor Activities and Kasified Eksperience, are providing visitors with completely unique cultural and …

Read moreNew Buy Local members extend rural and township tourism on the KZN South Coast

12 Reasons Why the KZN South Coast is a Top Beach Destination in South Africa

Location: MyPR

Summer is on the doorstep and the holidays are beckoning! Now is the time to start planning that year-end, family holiday and where better to relax and cool off than the KZN South Coast? “Our tourism establishments are geared up and ready to welcome our many holiday visitors to the KZN South Coast this festive …

Read more12 Reasons Why the KZN South Coast is a Top Beach Destination in South Africa

Work underway to clear hyacinth at Hartebeespoort Dam

Location: News

Work underway to clear hyacinth at Hartebeespoort Dam

The Department of Water and Sanitation is working tirelessly to ensure the efficient rehabilitation of the Hartebeespoort Dam.

The dam is affected by hyacinth and algae.

This is according to the Minister of Water and Sanitation Senzo Mchunu who spoke at the centenary celebrations of the dam on Monday.

Hartebeespoort Dam marked its 100 years of existence in September this year.  

The centenary celebration aimed to increase the awareness of integrated water resource management and water quality, as well as enhance relations between government, the private sector, and the community towards ensuring effective integrated water resource management in and around the dam.

Mchunu, together with senior officials from the department’s entity in North West, Magalies Water and the Madibeng Local Municipality, led a community engagement, where they provided an update on the work being carried out to clear the hyacinth from the dam.  

“We are aware of the hyacinth at the dam, and thus very concerned. It is for this reason that we have appointed our entity in North West, Magalies Water, for a period of three years to develop and implement a programme that will deal with the invasive plant and the algae that is infesting the dam,” Mchunu said.

Magalies Water has since developed a Bioremediation Plan comprising of interventions which include, the profiling and fingerprinting of problematic contaminants in the dam, removal of floating plants and debris from the dam to enhance the aesthetic value and allow for biogeochemical processes, as well as the implementation of the remediation technology to restore the dam’s ecological services.

Addressing hundreds of people who joined the department and partners to commemorate the centenary celebrations, Mchunu emphasised his commitment to overseeing the effective implementation of the Bioremediation Plan. 

“I want to ascertain our commitment that we have indeed rolled up our sleeves to completely rehabilitate the dam. We also want to thank the organisations that continue to help out in any way they can and continue to hold us accountable in the work that we have been brought in the office to do,” Mchunu said, adding that everyone has a responsibility to ensure that the county’s water infrastructure is safeguarded. 

He also reiterated the ministry’s stance on the need to strengthen and enhance strategic partnerships in the sector, which are aimed at resolving water quality challenges of the Hartbeespoort Dam, including issues of solid waste and water pollution in the dam.

“I would therefore like to encourage all civil society organisations to work together with us, as we work towards rehabilitating the dam.

The Hartebeespoort Dam was constructed in 1921 and commissioned in 1923 with the primary purpose of providing water for irrigation. 

Approximately 80% of water is used for irrigation and the remainder is used for domestic consumption and compensation flows.

The dam itself and the surrounding area currently offers tourism activities such as recreational boating, angling, mountain sports and a variety of other activities such as hiking, angling, parasailing and abseiling.

The centenary celebration was held in partnership with Magalies Water, the provincial government, and various organisations, including the North West Parks and Tourism Board, South African Resource Heritage Agency, as well as Magalie-Biosphere. – SAnews.gov.za

 

 

GabiK
Tue, 11/28/2023 - 15:01

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Read moreWork underway to clear hyacinth at Hartebeespoort Dam

Hollywood Foundation’s Bambelela Business Awards Recognise Excellence and Foster Economic Growth in Gauteng

Location: MyPR

The Hollywood Foundation, through its Enterprise and Supplier Development, proudly hosted the second edition of the Bambelela Business Awards in Gauteng on 21 November. This prestigious event brought together a dynamic array of stakeholders, government officials, public figures, and ambitious young entrepreneurs. Themed “Bambelela (Hold On) – Your Dreams Are Valid,” the awards recognised local …

Read moreHollywood Foundation’s Bambelela Business Awards Recognise Excellence and Foster Economic Growth in Gauteng

Free State warns businesses of fake tender invitation

Location: News

Free State warns businesses of fake tender invitation

The Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) has warned the business community of a fake tender invitation for the supply and delivery of 27 paper shredders. 

“DESTEA has learned with concern about an opportunistic scammer purporting to be an official representative issuing a fraudulent invitation to an open tender for the appointment of a service provider to supply and deliver 27 paper shredders.

“The alleged scammer sends out fake tender/bid documents with DESTEA's official logo and normal standard procedure to service providers, pretending to be an official representative of the department.

“Service providers are warned not to fall into the trap of fraudulent tender invitations, which are not from DESTEA,” the department said in a statement on Monday. 

The department has urged business community members to report any suspected criminal acts to the South African Police Service and verify any request for tender with the DESTEA supply chain office as soon as they receive any correspondence alleged to be from the department on the following emails:
customercare@destea.gov.za(link sends e-mail)
mooketsio@destea.gov.za(link sends e-mail)
masemeb@destea.gov.za(link sends e-mail).

The business community is further urged to contact the DESTEA customer care on WhatsApp, 0829475394, for authentication. – SAnews.gov.za

 

DikelediM
Tue, 11/28/2023 - 08:16

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Read moreFree State warns businesses of fake tender invitation

Get Ready to Run: 2024 Absa SPRINT YOUR CITY GQEBERHA 10K entries open this week!

Location: MyPR

The highly anticipated 2024 season of the iconic Absa RUN YOUR CITY Series is set to commence in Gqeberha with the second annual Absa RUN YOUR CITY GQEBERHA 10K, taking place on Sunday 7 April 2024. Entries open on Wednesday (29 November 2023). “We are thrilled to be back in the ‘friendly city’ in April …

Read moreGet Ready to Run: 2024 Absa SPRINT YOUR CITY GQEBERHA 10K entries open this week!

Upgrade of Marine Steer will increase accessibility within the KZN South Coast

Location: MyPR

The much-anticipated rehabilitation of Marine Drive which connects Port Shepstone with Southbroom is underway. Contractors are working tirelessly to ensure the road is open for use from 14 December 2023 to 9 January 2024, when construction will resume again. While this may cause some inconvenience for holidaymakers flocking to the KZN South Coast this festive …

Read moreUpgrade of Marine Steer will increase accessibility within the KZN South Coast

World Business Angels Investment Forum kicks off in Durban

Location: News

World Business Angels Investment Forum kicks off in Durban

KwaZulu-Natal Premier Nomusa Dube-Ncube will on Tuesday welcome hundreds of international delegates attending the World Business Angels Investment Forum (WBAF) 2023 at the Inkosi Albert Luthuli International Convention Centre in Durban.

The World Business Angels Investment Forum, an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI), is a strategic global organisation whose mission is to ease access to finance for businesses from start up to scale up.

In 2021, the KwaZulu-Natal Provincial Government, through the Department of Economic Development, Tourism and Environmental Affairs, put forward a successful bid to host the WBAF 2023.

Dube-Ncube said hosting the gathering of global leaders is a welcome boost for the province, particularly because it aligns with the province’s economic recovery and development strategy, which puts supporting and financing innovation, start-ups and Small Medium and Micro Enterprises (SMMEs) at the centre.

She said the province also the event which brings together entrepreneurs, investors and policy makers from different parts of the globe, saying they will make meaningful connections and match-making for provincial local businesses.

“As we rebuild our economy, we recognise the importance of entrepreneurship and international investment. In particular, we welcome the fact that as an affiliate of G20 Global Partnership for Financial Inclusion (GPFI), WBAF 2023 focuses on the digital and business transformation of small businesses. 

“There is also a special focus on the quality of local investors as part of efforts to increase financial inclusion in local economies in post-pandemic times,” Dube-Ncube said.

The meeting will take place from 21 - 22 November 2023. – SAnews.gov.za

GabiK
Tue, 11/21/2023 - 10:06

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Read moreWorld Business Angels Investment Forum kicks off in Durban

Three Minor Hotels triumph with prestigious awards in 2023

Location: MyPR

Three Minor Hotels triumph with prestigious awards in 2023 In a resounding testament to excellence, three remarkable properties in the Minor Hotels portfolio, The Royal Livingstone Hotel by Anantara, Anantara Bazaruto Island Resort in Mozambique, and Avani Windhoek Hotel & Casino in Namibia, have proudly secured prestigious global awards. Recognised for their commitment to luxury, …

Read moreThree Minor Hotels triumph with prestigious awards in 2023

KZN South Coast’s Agri Tourism Route expanded to including an exciting novel stay

Location: MyPR

The development of rural tourism gives visitors a unique experience beyond the traditional sites. On the KZN South Coast, the Agri Tourism Route is one such offering, with the farmlands offering a chance for outdoor adventure and home-grown tastes. Now, the KZN South Coast has another addition to its popular Agri Tourism Route with the …

Read moreKZN South Coast’s Agri Tourism Route expanded to including an exciting novel stay