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President Ramaphosa to attend to BRICS Summit and domestic fora 

Location: News

President Ramaphosa to attend to BRICS Summit and domestic fora 

President Cyril Ramaphosa is set to participate in several key engagements over the coming weeks, beginning with the BRICS Summit in Kazan, Russia.

Presidential spokesperson Vincent Magwenya confirmed this during a press briefing with media houses to update them on the President’s diary in Cape Town on Wednesday. 

President Ramaphosa will attend the BRICS Summit in Russia from Tuesday to Thursday (22- 24 October). 

The Russian Federation’s BRICS Chairship in 2024 is under the theme "Strengthening Multilateralism for Just Global Development and Security”. 

Magwenya highlighted that South Africa’s participation in the summit is aimed at enhancing the country’s growth and development through its membership in BRICS, focusing on strengthening intra-BRICS relations and fostering mutually beneficial cooperation. 

This includes advancing political and security cooperation, financial and economic cooperation, and cultural and people-to-people cooperation.

During its BRICS Presidency this year, Russia indicated that it will focus on "promoting the entire range of partnership and cooperation within the framework of the association on three key tracks – politics and security, the economy and finance, and cultural and humanitarian ties”.

Responding to Questions for Oral Reply in the National Assembly in Parliament, Cape Town in August, President Ramamphosa spoke of the value of the BRICS alliance to advancing Africa’s developmental agenda. 

As Chair of BRICS last year, South Africa invited representatives from other African countries to attend the summit hosted in Johannesburg. Forty-six African countries attended, including 20 Heads of State and Government.

Medium Term Budget Policy Statement (MTBPS)

On the domestic front, the President will attend the tabling of the Medium Term Budget Policy Statement (MTBPS).

Finance Minister  Enoch Godongwana is set to table the MTBPS in Parliament on Wednesday, 30 October. The MTBPS outlines the policy framework for the upcoming budget, including government goals, the economic environment, and projected resource availability. 

It offers an analysis of the trade-offs and challenges the nation faces in addressing its priorities, providing an important step forward in the national budget process. 

READ | National Treasury announces MTBPS date

“The Medium-Term Budget Policy Statement is an important step forward in the budget process. In keeping with our commitment to open, transparent and cooperative policymaking, it invites the nation to share with Government the important choices to be completed,” Magwenya said. 

Visit to Limpopo

Meanwhile, President Ramaphosa is scheduled to visit the Limpopo province on Friday, 1 November, where he will meet with Premier Dr. Phophi Ramathuba and the provincial government executive. 

The provincial leadership will present their five-year program which is aligned with the priorities of the seventh administration. 

“The meeting will also discuss approaches [to] various service delivery issues including interventions to improve service delivery at local government level,” Magwenya said.

KwaZulu-Natal DDM Oversight Visit

On Thursday, 7 November, the President will meet with KwaZulu-Natal Premier Thami Ntuli and members of the provincial government in Durban. 

This meeting will be followed by a District Development Model (DDM) oversight visit to the eThekwini Metropolitan Municipality which includes a Presidential Imbizo on Friday, 8 November. 

The visit aims to assess the progress of the Presidential eThekwini Working Group, which was established earlier this year to address service delivery and development challenges in the area.

Last week Cabinet called on residents to join the imbizo and engage their public representatives.

“Cabinet calls on residents of Umgababa and the surrounding areas to join the imbizo and engage their public representatives on solutions to challenges in their community and find ways to improve service delivery,” it said in a statement following its fortnightly meeting.

The imbizo is set to be held at the Umnini Sportsfield in Ward 98.

Cabinet adopted the DDM in August 2019.

The DDM is an integrated planning model for cooperative governance aimed at fast-tracking service delivery. It seeks to ensure that municipalities are adequately supported and resourced to carry out their mandate.

READ | President Ramaphosa to lead Presidential Imbizo in KZN

The first Presidential Imbizo of the seventh administration was held in Tsakane in Gauteng in August.

The Presidency said the President’s engagements highlight his commitment to addressing national priorities, both domestically and internationally, with a focus on economic growth, improved governance and enhanced service delivery. – SAnews.gov.za

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Read morePresident Ramaphosa to attend to BRICS Summit and domestic fora 

Deputy President to convene first GNU clearing house mechanism meeting

Location: News

Deputy President to convene first GNU clearing house mechanism meeting

Deputy President Paul Mashatile will chair the first meeting of the Government of National Unity (GNU) clearing house mechanism as South Africa celebrates the milestone of 100 days in office of this administration.

According to the Presidency, the GNU clearing house mechanism was established by President Cyril Ramaphosa last month to resolve policy disagreements within the 10-member GNU.

The Deputy President will assemble the 10-member GNU in his capacity as Leader of Government Business in Parliament.
The political parties that are signatories to the GNU include the African National Congress (ANC), Democratic Alliance (DA), Patriotic Alliance (PA), Inkatha Freedom Party (IFP), Good Party, Pan Africanist Congress of Azania (PAC), Freedom Front Plus (FF+), United Democratic Movement (UDM), Al Jama-ah, and Rise Mzansi.

All parties in the GNU agreed on the three key strategic priorities of the GNU, which constituted the Minimum Programme of Action of the seventh administration of government.

These include driving inclusive growth and job creation; reducing poverty and tackling the high cost of living; and building a capable, ethical, and developmental State.

“However, acknowledging the diversity of parties in the GNU, it is anticipated that from time to time, there will be disagreements in some policy areas, and in the implementation of the Minimum Programme of Action that will need to be resolved. 

“To this effect, President Ramaphosa established the GNU clearing house mechanism, under the leadership of Deputy President Mashatile, to deal with these policy agreements and other disputes,” the statement read.

Meanwhile, the Presidency said the clearing house mechanism will not override Cabinet decisions, as the Cabinet remains the final decision-making body in government. 

However, it will ensure that all GNU signatories develop a common understanding of critical policy matters.

In addition to the mechanism, the Presidency said it was resolved that a Technical Committee be further established. It will serve as a processing channel for matters of divergence within the GNU.

This means that this mechanism will establish the Political Leaders’ Forum of parties who signed the statement of intent.

In its statement on Wednesday, the Presidency said it was envisioned that the virtual first meeting of the GNU clearing house that parties will discuss and agree on the terms of reference for the clearing house mechanism.

Ahead of the meeting, Deputy President Mashatile said: “I am certain that with the first meeting of the clearing house, parties will find each other and that our collective commitment to serving all the people of South Africa will lead to greater accountability and will foster trust between the electorate and the political parties that form part of the GNU”. – SAnews.gov.za
 

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Wed, 10/16/2024 - 15:30

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Internet Society Events Highlight the Importance of Encryption for Online Safety and Security

Location: News

Internet Society
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In support of Global Encryption Day on 21 October 2024, events are being organized across Africa by Internet Society (www.InternetSociety.org) chapters in Côte d'Ivoire, Nigeria, Rwanda, South Africa, Zimbabwe, Kenya, and Benin to educate and train individuals on the importance of encryption in protecting data and privacy.  

End-to-end encryption is the process of transforming or encoding information so that only the sender and intended recipient can see it. It safeguards the personal security of billions of people around the world and is essential for security on the Internet.  

By promoting awareness and providing training on encryption, grassroots organizers are empowering communities to take control of their digital security. Under the umbrella of Global Encryption Day, the events planned are a testament to the growing importance of encryption as a means to security in the digital age and signal a growing consensus that people must be protected online. From workshops to informational sessions, participants will have the opportunity to learn about encryption and how it can be used to keep people safe. 

Event 1: Encryption to secure our daily life and future

Where: Maison des Jeunes, Yopougon, Abidjan, Côte d'Ivoire

When: 20-21 October 2024, 09:00 to 14:30 UTC 

What: A 2-day training course will promote encryption for civil society actors, local authorities, and activists in Côte d'Ivoire and the necessity to protect it. Register at Encryption to secure our daily life and future (https://apo-opa.co/4eR5CXO)

Event 2: Kwara Global Encryption Day 2024 Summit 

Where: Ilorin. Kwara State., Nigeria 

When: 24 October 2024, 08:00 to 16:00 UTC 

What: The “Kwara Global Encryption Day 2024 Summit” is an initiative by the Webfala Digital Skills for all Initiative. The event is designed to raise awareness about the critical importance of end-to-end encryption in protecting digital privacy and security. The summit aims to provide a comprehensive understanding of encryption technologies, their applications, and the current legislative landscape in Nigeria and beyond. Register at Kwara Global Encryption Day 2024 Summit (https://apo-opa.co/3YbFeAw).

Event 3: Global Encryption Day 2024 

Where: Bugesera - Rwanda, Rwanda 

When: 16 October 2024, 13:00 to 15:00 UTC 

What: Internet Society Rwanda members will learn more about encryption tools that will protect your privacy and the importance of safeguarding this important resource.  

Event 4:  Activating Voices of Underserved Communities Through Encryption and Digital Inclusion  

Where: Ugunja, Kenya 

When: 19 October 2024, 10:00 to 15:00 UTC 

What: Kijiji Yeetu, the Ugunja Youth Parliament, and Ugunja Net Wardens, in collaboration with the Internet Society Kenya Chapter, Jaramogi Oginga University, and United States International University Africa, are organizing an event that will focus on enhancing encryption, digital literacy, and security for teachers, net wardens, and underserved communities in Ugunja. The initiative aims to spark a nationwide impact by empowering participants to harness technology creatively and securely.  

Event 5: Campaign For Youth Participation On Online Security 

Where: American Corner, Jigawa State., Nigeria 

When: 21 October 2024, 09:00 to 16:00 UTC 

What: The program will look at how best to engage youth and bring them on board to contribute to online security and protection of encryption. Register at Campaign For Youth Participation In Online Security (https://apo-opa.co/3BJ2w9A).

Event 6:  Encryption Advocacy Training for Academic Institutions in Africa  

Where:  Solusi University, Zimbabwe 

When:  21 October 2024, 08:30 to 13:00 UTC 

What:  This event will focus on developing encryption advocates in institutions of higher learning. The purpose of the conference is to capacitate Faculty Deans and Lecturers from institutions of higher learning so that they may infuse these principles to their classroom teaching.   

Event 7:  Global Encryption Day 2024 – Encryption For Data Privacy & Online Safety 

Where:  Durban, KwaZulu-Natal, South Africa 

When:  21 October 2024, 09:00-15:00 UTC 

What: The Internet Society South Africa Chapter and its partners will organize a program that includes training, interactive sessions, and online discussions on encryption, cybersecurity, privacy, human rights, and more. With one main venue and two remote participation hubs based in Cape Town and Johannesburg, this is set to be the largest Global Encryption Day celebration yet. Register at Internet Society 

Event 8:  Protecting End-to-End Encryption: Our Security at Stake 

Where:  University of Abomey-Calavi / IFRI, Benin 

When:  21 October 2024, 09:00 to 12:30 UTC 

What: Encryption is the cornerstone of modern digital security, safeguarding our data and communications from cyber threats. Through discussions, interactive workshops, and expert talks from leading cybersecurity professionals, you'll gain valuable insights into how encryption shields your personal data, online communications, and privacy. In today's evolving digital landscape, understanding these tools is vital for staying safe. As a student, this event will empower you to contribute to a more secure Internet and equip you with practical steps to protect your own data. https://apo-opa.co/4eJID0J

For more information visit: https://apo-opa.co/3Yciv7s to learn more about Global Encryption Day events around the world. 

Distributed by APO Group on behalf of Internet Society.

Media contact: 
Allesandra deSantillana 
Internet Society  
desantillana@isocfoundation.org 

Read moreInternet Society Events Highlight the Importance of Encryption for Online Safety and Security

African Development Bank Appoints Dr Kennedy Mbekeani as Director General for East Africa

Location: News
African Development Bank Group (AfDB)

The African Development Bank Group (www.AfDB.org) has appointed Dr Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya, effective from 16 October 2024.

Mbekeani, a citizen of Malawi has over 25 years of senior experience in development finance, project management, policy advisory services, and knowledge generation at national and regional levels.

Prior to this appointment, he served as deputy director general for the Bank's Southern Africa Regional Development, Integration and Business Delivery Office. In this  role  he led the Bank's business development and delivery for sovereign and non-sovereign investments, and provided advisory services to South Africa, Lesotho, Botswana, Eswatini, Namibia and Mauritius. His efforts contributed to the Bank's reputation as a trusted partner for high impact development projects in the region. He also managed relationships with governments and the private sector.

Mbekeani joined the Bank in 2009 as Chief Trade and Regional Integration Officer. Subsequently he has held various roles including lead regional economist, officer in charge and acting regional director respectively of the Bank's South African Resource Centre. While serving as country manager for Uganda, he successfully expanded the Bank's portfolio to over $2 billion.

Before joining the Bank, Mbekeani worked for  the United Nations Development Programme as a trade, debt and globalisation advisor for East and Southern Africa. He also served as senior research fellow at the Botswana Institute for Development Policy Analysis, and senior economist at the National Institute for Economic Policy in South Africa.

He holds a Bachelor of Social Science (Economics and Statistics) degree from the University of Malawi, an MPhil in Monetary Economics from the University of Glasgow, and both an MA and PhD in International Economics from the University of California. He has authored numerous publications focusing on trade, regional integration, and infrastructure development in Africa.

Commenting on his appointment, Mbekeani said: “I am grateful and feel honoured by the confidence President Adesina placed in me through this appointment, as Director General for the East Africa Regional Development, Integration and Business Delivery Office and country manager for Kenya. I look forward to working with the president, the Board of Directors, senior management, our teams and stakeholders to enhance the Bank's operational efficiency, effectiveness and drive impactful developmental outcomes across the region.”

President of the African Development Bank Group and Chairman of the Board of Directors Dr Akinwumi Adesina said: “I am delighted to appoint Dr. Kennedy Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country manager for Kenya. Kennedy brings extensive experience in managing operations, policy dialogue, coupled with astute diplomacy and well-tested ability to work effectively with countries and development partners. His knowledge of the Eastern Africa region and well-proven experience in delivering robust operations for the public and private sectors will strongly benefit the work and operations of the African Development Bank Group in East Africa and all countries in the region.”

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:
Olufemi Terry
Communication and External Relations
media@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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African Development Bank Group (AfDB)
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VFS Global appointed to roll out Australian biometric collection centres in Sub-Saharan Africa

Location: News

VFS Global
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  • Services to be rolled out at 12 locations in seven countries in Sub-Saharan Africa by February 2025 
  • VFS Global becomes the exclusive biometric collection service provider for Australian applicants in all the nine regions globally – ​Americas, Europe, Mekong, Middle East and North Africa, Pacific, South Asia, South East Asia, North Asia, Sub-Saharan Africa 
  • Core services include Biometric Collection and Identity Verification, Digital Assistance with online visa applications submission and Online Payment Assistance. 
  • Additional (as required services) include remote interview hosting, document and claim checking, paper digitisation and local addressing and document delivery. 

The Department of Home Affairs, Australia has appointed VFS Global to provide biometric collection services for Sub-Saharan Africa. VFS Global is the world's leading outsourcing and technology service specialist for governments and diplomatic missions. This is in addition to the seven regions awarded in August 2023 to provide biometric collection services –the Americas, Mekong, Middle East and North Africa, North Asia, Pacific, South Asia and Southeast Asia. With the recent addition of Sub-Saharan Africa and Europe, VFS Global has become the exclusive biometrics collection service provider to Australian visa applicants across all nine regions globally. 

The Sub-Saharan Africa region includes seven countries in total with Australian Biometric Collection Centre services to be rolled out at 12 locations in 13 countries by February 2025. This includes setting up Centres in Ethiopia, Ghana, Kenya, Nigeria, South Africa, Uganda and Zimbabwe. 

According to the agreement, VFS Global's core services include Biometric Collection and Identity Verification, Digital Assistance with online visa applications submission and Online Payment Assistance on the Department's ImmiAccount portal. The company would also provide additional (as required services) such as remote interview hosting, document and claim checking, paper digitisation and local addressing and document delivery.  

“We are pleased to extend our Agreement with VFS Global to include Europe and Sub-Saharan Africa. We will continue to work closely with VFS Global to ensure the delivery of high-quality biometric collection and visa support services for our visa applicants worldwide.” said Anthony Phillips, Director Offshore Service Delivery Partners Section, Department of Home Affairs.

“Securing these two regions is a testament to our dedication, expertise, commitment to excellence, and trusted partnership with the Department of Home Affairs, Australia. This decision not only reflects our ability to meet highest standards but also reinforces our resolve to deliver innovative solutions. Under the Department's guidance, we will continue to elevate the experience of Australian applicants across the world,” said Jiten Vyas, Chief Commercial Officer and Head of Business Development, VFS Global. 

Distributed by APO Group on behalf of VFS Global.

Media Contact:  
George Cherian 
Corporate Communications  
georgec@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 153 countries, VFS Global has efficiently processed more than 297 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. 

Read moreVFS Global appointed to roll out Australian biometric collection centres in Sub-Saharan Africa

Mpumalanga municipalities called to address pollution of water sources

Location: News

Mpumalanga municipalities called to address pollution of water sources

Water and Sanitation Deputy Minister, Sello Seitlholo, has called for immediate intervention to address the poor state of wastewater infrastructure, water quality and pollution of water sources in some parts of Mpumalanga.

Seitlholo made the call during an oversight visit to Msukaligwa and Lekwa Local Municipalities, where he inspected the Ermelo Wastewater Treatment Works, De Vereeniging Farm and the Vaal River in Ermelo and Standerton, respectively.

The inspection took place on Tuesday and was supported by the Gert Sibande District Municipality Mayor, Walter Mngomezulu, and Msukaligwa Local Municipality Mayor, Precious Nkosi.

The Deputy Minister expressed his dissatisfaction with the local municipalities’ sense of urgency in addressing the challenges relating to wastewater management. 

“I do understand that there could be financial constraints impeding some of the work that should be done. But I sense that people are moving at a snail’s pace to address challenges that impact on the provision of good quality water as well as the pollution of our water sources. 

“South Africa is a water-scarce country and for this reason, we need to act fast to ensure that we address matters relating to water infrastructure, and this also includes wastewater infrastructure management,” Seitlholo said. 

Seitlholo noted that part of his delegated responsibility in the Ministry of Water and Sanitation is to contribute to finding solutions to the challenges that have an impact on water quality in several water sources across the country.

“It is for this reason that we recently launched the Vaal River Anti-Pollution Forum to ensure that we bring the quality of raw water in the Vaal River System back to acceptable standards for abstraction purposes. I am championing the forum and believe me, we will not hesitate to hold accountable those who continue to release raw sewage into our water sources,” Seitlholo warned. 

He said the department was engaging municipalities to get their corrective action plans and ensure a speedy implementation. 

The Deputy Minister said the department would continue to open criminal cases against the municipalities if they fail to implement the corrective measures needed. 

“It is our duty, and in the interest of South Africans, we have to make sure that our water resources are of good quality as far as pollution is concerned. Through the cases, we will also enforce compliance of the corrective action plans,” he said. 

Seitlholo also called on residents to practice active citizenry by taking an active stand against the pollution of water sources. 

“All of us have a role to play to safeguard our precious water resources. Residents should also stop dumping foreign objects into rivers, it is unacceptable and irresponsible.

“South Africans must heed the call and sound the alarm on water pollution. Our water resources, particularly our raw water in the Vaal River system, is deeply polluted and we all need to take corrective measures to improve the state of our raw water source,” the Deputy Minister said. – SAnews.gov.za

 

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SAWS issues weather alerts

Location: News

SAWS issues weather alerts

The South African Weather Service (SAWS) has warned of severe storms in the Free State, North West, Northern Cape and the Eastern Cape on Thursday.

“Conditions are favourable for the development of severe storms, resulting in strong damaging winds, excessive lightning, possible hail, and heavy downpours over the western and southern part of the Free State, the western part of the North West, as well as the extreme northeastern part of the Northern Cape tomorrow,” SAWS said on Wednesday.

These adverse weather conditions are expected to be accompanied by hail over open areas, localised damage to settlements over an open area and localised flooding in susceptible roads, low-lying areas and bridges.

There is a likelihood that trees will fall and block minor roads.

“A surface trough is expected to extend into a coastal low along the South Coast. This, coupled with upper-air perturbations, is expected to result in showers and thundershowers over the Eastern Cape.

“There is a possibility that the expected storms can become severe due to favourable conditions and may result in damaging winds, hail, downpours and excessive lightning,” SAWS said.

The impact of the severe storm includes localised damage to settlements and temporary structures, localised and short term disruption to power supply, localised damage to vehicles as well as falling trees blocking roads.

Meanwhile, KwaZulu-Natal can expect to experience damaging winds on Thursday.

“A cold front, with a high pressure ahead of it, creates a tight gradient, resulting in strong... winds between Port Edward and Durban tomorrow (early morning), moderating towards midday,” SAWS said.

The strong winds are expected to have a general disruption within ports and the harbour but manageable internally.

There will also be localised difficulty in navigation. - SAnews.gov.za

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Milken-Motsepe Prize in Fintech Announces 10 Semifinalists

Location: Business

The Milken-Motsepe Innovation Prize Program
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The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech (https://apo-opa.co/3Y0GSEY), with each team receiving $100,000 in funding.

Responding to a global call for applications, this prize supports innovative solutions to expand access to tools necessary for financial inclusion across emerging and frontier markets.

The Semifinalists will participate in an Innovation Showcase at the Milken Institute's Middle East and Africa Summit December 5-6, 2024, in Abu Dhabi, UAE. During this event, the 10 teams will pitch their innovations to a panel of expert judges and investors, and three teams will be selected to move on to the final round of the prize. The judges will evaluate the pitches based on the teams' ability to deliver solutions that improve financial inclusion for under-resourced groups in emerging and frontier markets.

The prize will ultimately award $2 million in total prizes, including a $1 million Grand Prize. Following the December showcase, the Grand Prize will be awarded at the Milken Institute's Global Conference in Los Angeles, in May.

“By supporting these pioneering teams, we aim to foster financial inclusion and empower entrepreneurs who drive economic growth and opportunities in their communities,” said Emily Musil, senior director, Milken Institute. “Our prizes help identify, support, and celebrate talent to ignite the entrepreneurial spirit and empower visionaries to turn their ideas for a better future into reality.”

These teams operate in nearly 30 countries across three continents, and their innovations hold the potential for significant breakthroughs in financial inclusion for underserved communities on a global scale. Over the next four months, the Semifinalist teams will test and scale their solutions, which will be evaluated for impact, scalability, and sustainability.

The 10 Semifinalists:

AZA Finance (https://AZAFinance.com), Kenya

Team lead: Caroline Shiku Njathi

AZA Finance is a B2B FinTech company offering businesses low-cost, efficient, and secure financial services, including payments, currency exchange, and treasury, across all major currencies.

Chapa (https://Chapa.co), Ethiopia

Team lead: Nael Teklehaimanot

Chapa is an online payment gateway company with a developer-friendly API that simplifies integrating payment processing into websites and applications for Ethiopian businesses.

Chumz (https://Chumz.io) Kenya

Team lead: Sam Njuguna

Chumz is a gamified savings product that leverages behavioral psychology to help individuals save at low cost.

Farmpawa (www.Farmpawa.com), Uganda

Team lead: Moses Eteku

Farmpawa is a crowd farming platform that connects investors with real farming assets, empowering farmers and driving sustainable agricultural growth.

Flow Global (www.FlowGlobal.net), United Kingdom

Team lead: Michael Rothe

Flow Global is a liquidity engine that helps retail merchants grow in the digital economy by addressing all of their working capital needs.

Paycloud by Lipa Later (https://LipaLater.com/), Kenya

Team lead: Eric Muli

Paycloud is a digital banking platform that addresses late payments in Africa by offering seamless payment processing, payment splitting, automated invoicing, and financial tools.

Nyla Bank (www.NylaBank.com), Ghana

Team lead: Mubarak Sumaila

Nyla Bank is building Africa's first digital Islamic bank with a goal of empowering 1 billion people with innovative, Shariah-compliant products and services that align with ethical principles.

Oze (https://GetOze.com), Ghana

Team lead: Meghan McCormick

Oze is a digital lending platform that bridges Africa's credit gap by providing banks with a small and medium-sized enterprise- (SME) focused app that digitizes financial data, enabling risk assessment and lending to small businesses.

Trade Lenda (https://TradeLenda.com), Nigeria

Team lead: Adeshina Adewumi

Trade Lenda is a banking platform tailored to SMEs, where loans can be accessed within one to six hours, and micro-savings can be achieved for business goals.

Verto (www.VertoFX.com), United Kingdom

Team lead: Rachel Coombs

Verto is a business-to-business cross-border payments platform for businesses in emerging markets, powered by a unified network that eliminates intermediary fees, handles 49 currencies, and settles transactions faster.

Learn more about the Milken-Motsepe Prize by navigating to https://MilkenMotsepePrize.org/. Contact Mala Persaud at mpersaud@milkeninstitute.org for more information.

https://apo-opa.co/3Y0GSEY

Distributed by APO Group on behalf of The Milken-Motsepe Innovation Prize Program.

Notes to Editors:
For further information or to request interviews with the semi-finalists, please send requests or queries to the media contact below.

Media Contact:
Ima Peter 
+27 11 268 6388
ima.peter@razorpr.co.za

About the Milken Institute:
The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next. For more information visit https://MilkenInstitute.org.

About the Motsepe Foundation:
The Motsepe Foundation was founded in 1999 by Dr. Patrice Motsepe and his wife, Dr. Precious Moloi-Motsepe. The goal of the Motsepe Foundation is to contribute towards eradicating poverty and to sustainably improve the living conditions and standards of living of poor, unemployed, and marginalized people in South Africa, Africa, and the world. In January 2013, Dr. Patrice Motsepe and Dr. Precious Moloi-Motsepe joined the Giving Pledge, which was started by Warren Buffet and Bill and Melinda Gates. Dr. Patrice Motsepe and his wife committed to give half of their wealth to the poor and for philanthropic purposes during their lifetime and beyond.

Read moreMilken-Motsepe Prize in Fintech Announces 10 Semifinalists

SIU, GP Legislature sign MoU

Location: News

SIU, GP Legislature sign MoU

The Special Investigating Unit (SIU) and the Gauteng Provincial Legislature’s Integrity Commission have signed a memorandum of understanding to enhance governance, ethics, and integrity through collaborative oversight.

The SIU said in a statement that the two will embark on activities including responding to complaints, sharing reports, exchanging governance information and collaborating on joint projects. 

“The cooperation will also involve sharing practical experience, organising roundtable discussions, and referring complaints between the parties. Specific implementation strategies will be developed through project-specific memoranda of agreements. A monitoring and implementation committee will conduct quarterly assessments,” the SIU said.

Integrity Commissioner at the legislature, Koko Mashigo, said the signing of the MoU “lays the foundation for a fruitful and mutually beneficial collaboration”.

“This partnership is built on mutual respect, trust, and a shared vision of making a broader impact by ensuring that the institutions we represent and all spheres of government conform to the highest standard of ethical behaviour. 

“By combining our resources and leveraging your skills and competencies, we are destined to make a meaningful impact in our respective institutions,” Mashigo said. 

SIU Head Advocate Andy Mothibi said the move was another step in implementing and maintaining high standards of integrity in the public sector.

“We are delighted that the SIU and the Gauteng Legislature have agreed to this memorandum of understanding. So today marks a new chapter in our shared journey. 

“We are not just signing a document. We are cementing what is a promise to ourselves and a promise to the public, a promise to work together to innovate and to create value that extends far beyond our individual capabilities. 

“This MOU is built on a foundation of mutual respect and shared vision. We believe that by combining our strengths, we can achieve a remarkable objective in the fight against corruption, maladministration and malpractices in South Africa,” Mothibi said. – SAnews.gov.za

NeoB
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President Ramaphosa calls for urgent action on Mogale City sewage crisis

Location: News

President Ramaphosa calls for urgent action on Mogale City sewage crisis

President Cyril Ramaphosa has called for immediate action to address the escalating water and sanitation crisis in the Mogale City Local Municipality, following reports of untreated sewage being discharged into local water systems.

This comes after the publication of a News24 article on 13 October 2024 on the sewage crisis in Mogale City, which has been verified as "broadly accurate" by the Department of Water and Sanitation (DWS). 

Speaking during a media briefing on Wednesday, Presidential spokesperson Vincent Magwenya said the President finds recent media reports on the discharge of untreated sewage in Mogale City Local Municipality gravely concerning. 

“It is absolutely unacceptable that the situation has been allowed to reach such untenable levels, costing business sustainability, jobs and livelihoods. 

“President Ramaphosa wants the situation addressed as a matter of urgency and in the process, wants those responsible for such a state of decline to be held accountable,” Magwenya said. 

Since 2019, DWS has issued multiple notices and directives to Mogale City Municipality under the National Water Act, instructing it to address the sewage pollution. However, these directives have been ignored, prompting the DWS to lay criminal charges against the municipality for sewage pollution in August 2023. 

The department is currently working with law enforcement to investigate the case and compile a docket.

President Ramaphosa expressed grave concern about the severe risks the pollution poses to public health, agriculture, economic activity, and the environment.

“For the President, this situation poses a serious risk to human health, agriculture, economic activity and the environment. The sewage pollution from the municipality is adversely impacting the Cradle of Humankind which is a UNESCO World Heritage Site,” Magwenya said. 

In response, President Ramaphosa has written to Gauteng Premier Panyaza Lesufi, urging him to engage with the municipality under section 139 of the Constitution.

“The President urged the Premier to work with the Municipality in ensuring that all measures are taken to urgently address the situation. Key amongst these measures is to ensure that the Percy Steward wastewater treatment is repaired and restored to full functionality,” Magwenya said. 

The Presidential spokesperson added that this may require partnership with business in the area, which should be explored. – SAnews.gov.za

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Wed, 10/16/2024 - 15:16

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Applied Artificial Intelligence (AI) And Deep Tech Innovations Take Centre Stage

Location: Business
Expand North Star

Expand North Star 2024 (www.ExpandNorthStar.com), the world's largest startup and investment event, continued its journey of innovation on its third day at Dubai Harbour. Attendees from around the world witnessed revolutionary advancements in Applied AI and Deep Tech, demonstrating how these technologies are disrupting industries and solving complex global challenges.   

Integrated with GITEX GLOBAL, Expand North Star runs until 16 October, providing a powerful platform for over 1,800 exhibiting startups and more than 1,200 investors managing assets exceeding USD $1 trillion. 

Applied AI and Deep Tech Innovations Redefine Healthcare and Space Innovation 

Day three was a showcase of next-generation solutions in robotics, AI, and deep tech, providing a glimpse into the future of these sectors.  

Cutting through the noise were innovative startups such as China's RoboCT with their innovative exoskeleton technology, launching the UGo Rehab Exoskeleton, specifically designed for patients with lower-limb dysfunction, spinal cord injury, strokes, or cerebral palsy. Dr. Tian Wang, Founder and CEO of RoboCT Group, stated, "UGo enhances the rehabilitation process and delivers an effective walking training solution by integrating advanced sensors, data analysis, and research, empowering patients to rehabilitate more effectively at home."  

On the digital health frontier, JADE introduced a platform tailored for neurodivergent children, including those with ADHD, down syndrome, and autism. The app's sophisticated tracking of eye movements, cognitive response times, and memory functions equips healthcare professionals and educators with precise data to create personalised care and learning strategies.  

Meanwhile, scanO, a pioneering Indian-born deep tech company, is leading the way in developing generative AI models for predicting disease progression. The company showcased its flagship product, scanO air—the world's first contactless AI-powered robotic system for oral health screening—revolutionizing early detection and diagnosis. 

In space technology sector, Triggers-Reports from Mauritius introduced Triggers-sat, a satellite platform that provides high-resolution imaging and 3D modeling to assist businesses and governments in areas such as natural resource management and climate risk disaster monitoring. 

Rising International Participation from Asia and Latin America  

As the global innovation hub, Expand North Star continues to see international participation rise, showcasing how regions and countries are pushing boundaries with novel solutions. 

Tatiana Riera, COO of ApexBrasil, highlighted Brazil's expanding presence at Expand North Star: "From just 20 startups in 2019, we have expanded to 45 startups this year, along with four innovation hubs. Brazil is a great hub for fintech because of the diversity in social levels, so most of our unicorns come from fintech. We also focus a lot on Deep Tech, AI, and climate tech solutions since we have six biomes and need to take care of them. We have a company that uses natural foam to build soundproof material for construction and another company building silent tractors that run on renewable energy."   

Similarly, Singapore's SGTech made a noteworthy debut at Expand North Star, emphasizing the importance of cross-border collaboration in driving tech-driven solutions forward. Alex Ng, Exco Member, SGTech said: "Singapore's innovative startups are making a significant impact at Expand North Star 2024, with six outstanding companies exhibiting under the Singapore Pavilion. These companies showcase cutting-edge technologies across various sectors, including digital twins, industrial AI and biotech, with the event serving as a groundbreaking global launchpad for startups to foster valuable networking with investors." 

Africa's Path to Economic Growth 
With global participation continuing to flourish, the spotlight also turned towards Africa, where burgeoning tech ecosystems are paving the way for a new wave of entrepreneurs and innovators. H.E. Savannah Maziya, Minister, Ministry of Information, Communications & Technology, Eswatini, alongside other thought leaders, emphasised the importance of structured development to tackle unique market challenges and unlock Africa's economic potential.   

Celina Lee, CEO & Co-Founder, Zindi, South Africa, highlighted the trend of talent returning to Africa to start companies and create ecosystems that foster innovation and attract global corporations like Microsoft to set up labs in Ghana and Nairobi.   

Speaking on the challenges facing Africa, Olatunbosun Alake, Honorable Commissioner, Ministry of Innovation, Science and Technology, Lagos State Government, Nigeria, said, "The greatest challenge in Africa is education. In Nigeria, if you look at the most educated parts, they show economic value, whereas in the north, where education levels are not as high, economic productivity is lower. There needs to be an African Renaissance of education funding across the board because if you drive education, educate, and enlighten people, people will change the environment.” 

Across its four-day span, Expand North Star continues to shed light on the future of industries through defining events such as GITEX Impact, Fintech Surge, Future Blockchain Summit, and Marketing Mania. These events underscore how emerging technologies are transforming the way we live and are also playing a pivotal role in reshaping the future.  

Distributed by APO Group on behalf of Expand North Star.

Media Contact: 
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About Dubai World Trade Centre (DWTC):  
A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region's leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region's growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai. 

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DMPR Deputy Minister calls for “zero harm” in mining sector

Location: News

DMPR Deputy Minister calls for "zero harm" in mining sector

The Deputy Minister of Mineral and Petroleum Resources, Judith Nemadzinga-Tshabalala, has called on the mining industry to adopt a strong health and safety culture to eradicate harm and death in the sector.

She was speaking at the 2024 Mine Health and Safety Summit.

As of Monday, the industry recorded a year-on-year decrease of some 11% in fatalities – coming down from 38 fatalities this time last year to 34 deaths.

“It is to be noted that the implementation of technology alone is not enough. To achieve zero harm, we must also cultivate and sustain a strong health and safety culture throughout the mining sector. 

“The Health and Safety Culture Transformation Framework developed by the MHSC [Mine Health and Safety Council] provides a solid foundation for this. 

“However, the implementation of the framework across the industry remains uneven, and more work is needed to ensure that health and safety is elevated and recognised as a top priority and core value by all stakeholders and every mining operation, from the largest corporations to the smallest operators,” Nemadzinga-Tshabalala said.

She said this would require more than merely “following protocols and checking boxes".

"It is about leadership, accountability and a deep, shared commitment to the well-being of every worker.

“It requires a shift in mindset, where the health and safety of mineworkers is not seen as an obstacle to productivity, but as a critical component of operational success,” she emphasised. 

The Deputy Minister added that any injury or death remained “one too many”. and urged the sector to continue striving for zero harm.

“Many of these incidents are repeats and they can be prevented. Fall of ground accidents remain one of the largest accident categories, and the predominant cause of fatalities followed by general accident and transportation categories, respectively. 

“This is regrettable, as it is expected that all mines should have appropriate measures and expertise to enhance the health and safety of mineworkers. So, we urge you to go back to the drawing board and constantly focus on safety performance,” Nemadzinga-Tshabalala said.

On the side of government, the Deputy Minister highlighted that Cabinet has approved the submission of the draft Mine Health and Safety Amendment Bill (MHSA Bill) to Parliament for its deliberation and adoption. 

She said the following interventions are also continuing:
•    Engaging union leadership, CEOs and Boards of Directors of different mining houses to enhance the concerted efforts in the eradication of mine deaths.
•    Stoppage of unsafe mines to ensure that employers take appropriate measures that will prevent harm to the mine employees.
•    Enforcing and monitoring of health and safety at mines through focused inspections and audits to be escalated during the remaining period of 2024 and beyond.
•    Ensuring that safe mining practices are adopted, given that a significant number of accidents occurred whilst opening or mining old areas.
•    Ensuring that all mines collaborate with inspectors and organised labour to have health and safety days and campaigns to raise awareness about the importance of adhering to health and safety protocols.

“South Africa’s mining industry is globally recognised, and our safety record is comparable to some of the leading mining nations.

"However, as demonstrated by countries like Australia and Canada, there are higher benchmarks we can aspire to. 

“We must, therefore, not allow ourselves to become complacent and accept that while the progress we have made is commendable, there remains an opportunity for improvement,” Nemadzinga-Tshabalala said. – SAnews.gov.za

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Wed, 10/16/2024 - 14:31

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Majodina calls for unity towards sustainable water development

Location: News

Majodina calls for unity towards sustainable water development

Water and Sanitation Minister Pemmy Majodina has called for unity across the continent in sustainable water development and collaboration through public private partnerships and investment.

Majodina made the call at the 7th Cairo Water Week (CWW) and 9th Africa Water Week (AWW), which are currently underway in Cairo, Egypt.

The 9th edition of the Africa Water Week is taking place alongside the Cairo Water Week from 13 – 17 October 2024. It is hosted by the government of the Arab Republic of Egypt, through the Ministry of Water Resources and Irrigation.

READ | Majodina to participate in Africa and Cairo Water Weeks 

The Africa Water Week is being held under the theme: “Placing Water and Sanitation at the Heart of Achieving Agenda 2063: The Africa We Want”, while the Cairo Water Week is themed: “Water and Climate: Building Resilient Communities”.

Majodina started her participation by meeting the host’s Prime Minister, Mostafa Madbouly.

This was followed by a high-level Transboundary Water Governance for Sustainable Development panel discussion.

Majodina’s message during the first two days of the conference has been consistent - collaborative work through public private partnerships and investment.

“We say water is life and sanitation is dignity. It requires political will to drive the Sustainable Development Goal 6 (SDG6). Collaboration and co-operation are key to our success.

“It is also important to note that government alone, will not be able to achieve this mammoth task. We will continue to forge public private partnerships because we believe that working together, we can deliver more,” Majodina said.

The Minister warned that a lack of unity will be the downfall of a continent that is rich in minerals and natural resources.

Majodina also held bilateral meetings with Egypt, the Orange-Senqu River Commission and the Netherlands, aimed at strengthening relations between countries and to propose other forms of ensuring sustainable water provision through shared water resources.

Addressing power imbalances and social inequalities

She delivered a keynote address at a technical session under the sub-theme 6: Gender Equality and Social Inclusion convened by the Department of Water and Sanitation.

The session focused on the implementation of the youth, gender and social inclusion strategy, which is aimed at addressing power imbalances and social inequalities based on various social identities.

In her address, Majodina reminded the leaders that the youth are future leaders who have not stopped demanding fundamental rights to live in a fairer world for all.

“Amidst the demands for universal access to water, sanitation and hygiene, we have seen how the youth have been actively involved in advocating for action that will ensure that the water resources are managed correctly for the future,” she said.

The Minister further emphasised that water related matters should not be an appendix in policies and frameworks, but rather part of the main discussion.

“You cannot replace water and therefore we must walk, talk, sleep, jump, laugh and cry water throughout. Water needs to be at the top of the agenda by leaders,” Majodina said.

Minister Majodina will continue with various sessions in Cairo for the remainder of the AWW and CWW conference. – SAnews.gov.za

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Wed, 10/16/2024 - 11:24

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Warning against government subsidised housing scam

Location: News

Warning against government subsidised housing scam

The Department of Human Settlements has warned the public to be vigilant of a housing scam on social media platforms.

On social media accounts, scammers falsely claim to be department employees and offer assistance with government-subsidised housing applications, targeting unsuspecting citizens and offering government subsidy houses (RDP), also known as Breaking New Ground (BNG), around the country at a staggering cost of R100 000.

The department emphasised that applications for RDP/BNG houses can only be processed through the provincial Departments of Human Settlements and municipalities, and “no organisation is mandated to facilitate this on behalf of the government”.

“To qualify for a fully subsidised government house, applicants must meet specific criteria, including being a South African citizen, a first-time homeowner, and having a combined household income of less than R3 500 per month,” the department said.

The department urged citizens to exercise caution and report suspicious social media accounts to the department or municipalities immediately.

“To verify authenticity and avoid potential scams, citizens can contact the national Department of Human Settlements directly on 0800 146 873 or via email at info@dhs.gov.za, or visit their local municipal offices.

“The department remains committed to providing safe and affordable housing opportunities to qualifying South Africans and urges citizens to remain vigilant and report any suspicious activities,” the department said. – SAnews.gov.za
 

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Wed, 10/16/2024 - 12:14

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Confirmed Speakers for the 3rd International African Energy, Oil, and Gas Summit 2024

Location: News
African Peace Magazine

African Peace Magazine UK (https://AfricanPeace.org/) is honoured to announce the distinguished line-up of speakers for the 3rd International African Energy, Oil, and Gas Summit, set to take place from October 23rd to 25th, 2024, at Hilton, Windhoek, Rev. Michael Scott Street, Windhoek, Namibia. This summit brings together some of the most influential leaders, industry experts, and change-makers in the energy sector across Africa. These individuals have significantly shaped their respective industries and will contribute profound insights into Africa's energy future. The Charity Golf Tournament and other Tour activities would commence from the 26th to the 30th of October 2024. The Speakers are;

  • Hon. Justice Suleiman Galadima (JSC, OFR, CFR, Rtd) – Chairman of the Board, African Peace Magazine UK

Hon. Justice Galadima is a revered figure in Nigeria's legal community, having served as a Justice of the Supreme Court of Nigeria. He is known for his unwavering commitment to justice and governance in Africa. As Chairman of African Peace Magazine, Justice Galadima plays a critical role in fostering dialogue around peace, security, and development across the continent.

  • HRH Sir David Serena-Dokubo Spiff – Ada IX, Paramount Ruler of Spiff Town, Bayelsa State

HRH Sir David Serena-Dokubo Spiff is a prominent traditional leader from Bayelsa State, Nigeria. His deep commitment to the socio-economic advancement of his people and his influence on the region's energy and resource management make him a vital voice at the summit. He actively advocates for responsible management of natural resources in his community.

  • Dr. Martha Namundjebo-Tilahun – Chairperson, United Africa Group, Namibia

Dr. Martha Namundjebo-Tilahun is a powerful figure in Namibia's business sector and beyond. As the Chairperson of United Africa Group, she has been a driving force behind several large-scale projects in hospitality, real estate, and renewable energy. Her leadership in advancing Africa's energy landscape and sustainable development strategies is exemplary.

  • Abiola Metilelu – CEO, PressPayNG

Abiola Metilelu leads PressPayNG, a groundbreaking fintech company that offers education financing solutions. Under his leadership, PressPayNG is bridging the financial gap for students across Nigeria, directly impacting the education and energy sectors by creating a more skilled workforce for the future.

  • Dr. Udochu Ogbonnaya – Executive Director, Green Energy International Ltd (GEIL)

A visionary in Nigeria's oil and gas industry, Dr. Udochu Ogbonnaya is shaping the future of sustainable energy in Africa. As the Executive Director of GEIL, he drives innovation in the extraction and development of energy resources while maintaining a focus on environmental responsibility.

  • Mrs. Frieda Tunyoleni Amuela – Extractive Industry Law Expert

Mrs Amuela is a respected expert in the legal frameworks governing Africa's extractive industries. Her insights into compliance and legal challenges in oil and gas operations have made her a sought-after voice in regulatory discussions. Her work ensures that Africa's natural resources are managed with accountability and transparency.

  • Mr. Immanuel Mulunga – Former MD, National Petroleum Corporation of Namibia (NAMCOR)

Mr. Mulunga is a seasoned expert in Namibia's oil and gas industry, having held key leadership roles, including serving as Managing Director of NAMCOR. His deep understanding of petroleum resource management in Namibia and his strategic leadership have had lasting impacts on the country's energy landscape.

  • Engr. Chukwuemeka Woke – Director-General/CEO, National Oil Spill Detection and Response Agency (NOSDRA)

Engr. Woke leads NOSDRA, Nigeria's primary agency responsible for monitoring and responding to oil spills. His efforts in promoting environmental sustainability in the face of oil extraction activities have been instrumental in safeguarding Nigeria's ecological future.

  • Professor Geoffrey Shakwa – Founder & MD, Anti-Corruption Education Consultancy

Professor Shakwa is a staunch advocate for anti-corruption measures in Africa, having founded the Anti-Corruption Education Consultancy. His work aims to educate and promote transparency, which is critical for sustainable development in Africa's energy sectors.

  • Mr Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

Tassius Chigariro heads Old Mutual Namibia, a leading financial services company. His strategic expertise in investments and financial management has made Old Mutual a key player in supporting economic growth in Namibia and throughout Africa's energy sectors.

  • Dr. Joseph Tolorunse – Authority Secretary and Legal Adviser, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Dr. Tolorunse brings a wealth of knowledge in regulatory frameworks, ensuring Nigeria's midstream and downstream petroleum sectors operate within best practices and international standards. His work strengthens Nigeria's position as a key player in the global energy market.

  • Olusegun Ilori (Esq) – Executive Director, Green Energy International Ltd (GEIL)

A legal expert in energy law, Olusegun Ilori has been instrumental in shaping GEIL's business strategy, ensuring compliance with global energy regulations while advocating for sustainable practices.

  • Engr. Sunday Babalola – Executive Director, Green Energy International Ltd (GEIL)

Engr. Babalola's expertise in engineering and operations has been pivotal to GEIL's success in executing oil and gas projects with a focus on innovation and sustainability.

  • Alh. Auwalu Abdullahi Rano (OON) – Founder & CEO, A.A. Rano Nigeria

Alh. Rano is a prominent entrepreneur in Nigeria's oil and gas sector, with his company, A.A. Rano, being a leading player in petroleum marketing and distribution. His business acumen has significantly contributed to Nigeria's energy supply chain.

  • Prof. Anthony Adegbulugbe – CEO, Green Energy International Ltd (GEIL) & Former SA to the President of Energy

Prof. Adegbulugbe is a renowned energy expert with a wealth of experience in energy policy and management. As CEO of GEIL, he is at the forefront of pushing Africa towards a greener energy future.

  • Dr. Martin Harris – Senior Geosciences Researcher, University of Namibia

Martin Harris is a leading geoscientist in Namibia, focusing on energy resource exploration and development. His research and contributions have enhanced the understanding of Namibia's geological wealth.

  • HRM Makitu III – Kingdom of Kongo, Angola

As the traditional ruler of the Kingdom of Kongo, HRM Makitu III is a respected leader who advocates for the preservation and responsible use of natural resources within his kingdom, including energy resources that are key to Angola's economic development.

  • Engr. Wole Ogunsanya (FNSE) – Chairman/CEO, Geoplex Drillteq Limited

Engr. Ogunsanya leads Geoplex Drillteq, a company offering cutting-edge drilling solutions for Africa's oil and gas industry. His leadership in innovation has made Geoplex a leader in the sector, offering technological solutions that enhance efficiency. Engr. Wole Ogunsanya is the current Chairman of the Petroleum Technology Association of Nigeria. PETAN is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream. PETAN is the primary trade and advocacy association of the oil and natural gas industry in Nigeria, representing nearly 100 members involved in various aspects of petroleum.

  • Mr. Tarah N. Shaanika – CEO, Namibia Asset Management

Tarah Shaanika oversees Namibia Asset Management, a leading investment company in Namibia. His experience in financial management and investment has propelled the company into playing a crucial role in funding energy and infrastructure projects in Namibia.

  • Aggrey Ashaba – General Manager, Alliad, Uganda

Aggrey Ashaba is a business leader with deep expertise in the oil, gas, mining, and energy sectors. As General Manager of Alliad in Uganda, he plays a key role in driving the country's energy strategy, focusing on sustainable development.

  • Daniel Tuyoleni Williams – CEO, Mind Space Consults

Williams is a respected business consultant whose firm, Mind Space Consults, provides strategic insights and advisory services in energy and business development across Africa, helping companies navigate complex markets and regulatory environments.

  • Alh. Saleh Baba Rano

A key player in Nigeria's oil and gas sector, Alh. Saleh Baba Rano has been instrumental in the growth and development of the sector, bringing strategic insights and leadership to discussions around energy in Africa.

  • Abimbola Okoya – Founder, Basic Education Africa

Abimbola Okoya is a passionate advocate for education in Africa, founding Basic Education Africa to provide accessible learning opportunities to underserved communities. Her work directly impacts the future of Africa's workforce, particularly in the energy and technology sectors.

  • Professor Jude Osakwe – Faculty of Computing and Informatics, Namibia University of Science and Technology

Professor Jude Osakwe is a prominent academic and researcher with a focus on Data Governance, Data Analytics, ICT in Education, and ICT for Development (ICT4D). He holds various professional certifications in project management, big data analytics, business intelligence, and digital marketing. His extensive research work and involvement in international conferences make him a vital contributor to discussions on the integration of ICT into development strategies across Africa. Professor Osakwe's dedication to bridging the gap between theory and practical implementation of ICT solutions has positioned him as a respected figure in the academic and business sectors.

  • M. Jinot Razafimamonjy – Director of Hydrocarbons, Ministry of Energy and Hydrocarbons, Madagascar

M. Jinot Razafimamonjy serves as the Director of Hydrocarbons in Madagascar's Ministry of Energy and Hydrocarbons. His leadership in managing the country's hydrocarbon resources has been instrumental in driving economic growth and ensuring sustainable development in the energy sector. His participation at the summit will provide critical insights into Madagascar's approach to energy management and its vision for the future of its oil and gas industry.

  • S P Jika Ogbeche – Assistant Comptroller General (ACG), Air Nigeria Immigration Service (NIS)**

S P Jika Ogbeche holds a senior leadership role within the Nigeria Immigration Service, overseeing the Air Border Division. His extensive experience in managing Nigeria's air borders and contributing to national security efforts will bring a unique perspective to discussions on energy security and the role of governance in the sector.

  • Engr. Farouk Ahmed – Authority Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Engr. Farouk Ahmed is at the helm of Nigeria's NMDPRA, playing a critical role in regulating and ensuring the sustainable development of Nigeria's midstream and downstream petroleum sectors. His leadership has been instrumental in modernizing the regulatory framework, promoting investment, and ensuring energy security in one of Africa's most important energy markets.

  • Dr. Lloyd C. Williams – United States of America

Dr. Lloyd C. Williams is an esteemed expert in the fields of energy and sustainability, hailing from the United States. With a distinguished career marked by contributions to both the public and private sectors, Dr. Williams is dedicated to advancing clean energy initiatives and fostering innovation in oil and gas. His global perspective will add invaluable insights into the discussions at the summit.

  • Mr. Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

As the CEO of Old Mutual Namibia, Mr. Tassius Chigariro is a key figure in the financial services sector, driving initiatives that support sustainable investments in energy and infrastructure. His experience in leading one of Africa's most reputable financial institutions positions him as an influential voice in the intersection of energy finance and economic development.

  • Cydolian Raveloson – Acting Director General, Madagascar Hydrocarbons Office

Cydolian Raveloson is the Acting Director General of Madagascar's Hydrocarbons Office, where he plays a pivotal role in managing the country's energy resources. His efforts are focused on ensuring the efficient exploitation and management of Madagascar's oil and gas reserves, contributing to both the nation's economic growth and energy security.

These esteemed speakers join an already impressive lineup, including leading figures from government, academia, and the private sector, all dedicated to advancing Africa's energy future. Their participation is set to elevate the summit's discussions, fostering meaningful collaborations and forward-thinking strategies.

"The diverse group of speakers at the upcoming IAEOG Summit 2024 reflects our heartfelt commitment to inspiring discussions that lead to tangible outcomes. These industry leaders are passionate about finding ways to alleviate poverty, create job opportunities, and enhance our GDP. Together, we envision a transformative event that enlightens the public and fosters collaborative efforts, ultimately driving meaningful change for the betterment of our communities."- Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.)

Distributed by APO Group on behalf of African Peace Magazine.

For more details on the full list of speakers, agenda and for sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
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email: florekharris@africanoilandgassummit.com
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Former MP and seven others arrested for alleged tender corruption

Location: News

Former MP and seven others arrested for alleged tender corruption

Seven people – including a former Member of Parliament – have been arrested for alleged corruption related to a R27 million tender.

The seven were arrested by the Hawks’ Serious Commercial Crime Investigation unit in Gauteng on Wednesday morning.

Hawks spokesperson Brigadier Thandi Mbambo said the arrests were related to the awarding of a 2016 tender at the Gauteng Department of Agriculture and Rural Development (GDARD).

“Their arrest follows a forensic report by the Special Investigating Unit [SIU], which discovered that in October 2016, the [GDARD] issued a tender requesting proposals to integrate and formalise waste operatives... into the mainstream waste management economy. A tender of around R27 million was then awarded to Enviro-Mobi in March 2017. 

“The contract agreement between the department and Enviro-Mobi stipulated that the department may consider to pay, on condition that 50% of the work has been completed and no upfront payments may be made to the service provider.

“During investigation, it was established that the Chief Director and Chief Financial Officer processed and paid over R25 million to Enviro-Mobi for 200 motorised three wheelers, though all goods were still in the possession of the service provider,” Mbambo said.

The suspects are expected to face charges of fraud, theft, and contravention of the Public Finance Management Act and Prevention of Organised Crime Act. – SAnews.gov.za

 

NeoB
Wed, 10/16/2024 - 09:39

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Former Minister Mboweni honoured with Special Official Funeral Category 2

Location: News

Former Minister Mboweni honoured with Special Official Funeral Category 2

President Cyril Ramaphosa has announced that former Minister of Finance and prominent figure in South Africa's democratic transition, Dr Tito Mboweni, will be honoured with a Special Official Funeral Category 2 following his passing on Saturday at the age of 65.

Mboweni has been accorded a Special Official Funeral Category 2, which will take place at Nkowankowa Stadium in Tzaneen, Limpopo, at 10h00 on Saturday, 19 October 2024.

“The funeral will feature ceremonial elements provided by the South African Police Service,” the Presidency said in statement. 

In further commemoration, President Ramaphosa has ordered that the National Flag be flown at half-mast at all official flag stations from Wednesday until the evening of the funeral. 

Mboweni's distinguished career began with his appointment as South Africa’s first Minister of Labour in the Cabinet of President Nelson Mandela from 1994 to 1999. 

He then served as Governor of the South African Reserve Bank from 1999 to 2009, overseeing a decade of critical financial policy development and stability. In 2018, he returned to government as Minister of Finance under President Ramaphosa, a position he held until 2021.

In his tribute, President Ramaphosa extended his condolences to Dr Mboweni's family and friends, praising him as "an activist, economic policy innovator, and champion of labour rights", who played a key role in South Africa’s economic transformation, particularly in promoting fiscal discipline. – SAnews.gov.za

DikelediM
Wed, 10/16/2024 - 10:15

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Read moreFormer Minister Mboweni honoured with Special Official Funeral Category 2

SARS grants special permission for importation of jet fuel

Location: News

SARS grants special permission for importation of jet fuel

South African Revenue Service [SARS] Commissioner, Edward Kieswetter has granted special permission for the importation of jet fuel, known as kerosene, after the industry raised concerns about the threat of fuel shortage.

The Fuels Industry Association of South Africa warned that this could disrupt operations at O.R. Tambo International Airport and other airports, which include King Shaka International Airport.

Following Monday’s media statement by SARS about an engagement with industry to avert fuel shortages at all airports, the revenue service announced that special permission for the importation of kerosene was granted after careful consideration from 21 October 2024 until 20 October 2025.

“The special permission is granted to allow parties to attend to the complexities involved in the process of the deregistration of manufacturing warehouses and reregistration of affected storage facilities.

“The Commissioner requests all parties to conclude the outstanding work urgently and ensure that all compliance requirements are met, and that the current licensing provision, in respect of the importation of kerosene fuel and its derivatives, may be confirmed where appropriate.

“Every taxpayer that is involved will be communicated with individually, in line with their applicable circumstances. SARS believes that this announcement will bring certainty to the industry, which will benefit the country’s economy and enable everyone to travel smoothly,” the revenue service said on Tuesday.

The Fuels Industry Association of South Africa had warned that the supply of aviation kerosene is facing severe threat due to regulatory delays in the licensing of import storage facilities.

READ | SARS to engage fuel industry on shortage of jet fuel

-SAnews.gov.za

nosihle
Wed, 10/16/2024 - 09:15

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Lusikisiki mass murder suspect abandons bail

Location: News

Lusikisiki mass murder suspect abandons bail

A 45-year-old man suspected of the murder of 18 people in the Eastern Cape has abandoned his bail application in the Lusikisiki Magistrates’ Court in the Eastern Cape.

Siphosoxolo Myekethe – who was on parole during his arrest – appeared in the court on Tuesday. 

“During his brief appearance, he informed the court that he would not be applying for bail, which the prosecution had already indicated it would be opposing. 

“Myekethe has two previous convictions for escaping from lawful custody and murder,” National Prosecuting Authority (NPA) spokesperson, Luxolo Tyali, said.

Tyali said the case has been postponed to 26 November 2024 for further investigation, as “there are outstanding suspects on the matter”. 

“He is facing 18 charges of murder and one count of possession of an unlicensed firearm, an AK47 assault rifle. 

“The accused was arrested on 7 October 2024 at his home in Mthide location... in the district of Lusikisiki. 

“His arrest comes after the shooting that occurred on 28 September 2024, at two neighbouring homesteads in Ngobozana village near the town of Lusikisiki. Eighteen people were killed, and five others were injured,” Tyali said. 

Cabinet has condemned the mass shooting and welcomed the progress made in the case.

“Cabinet has welcomed the swift deployment of a team of specialist law enforcement officers -- whose work is already bearing fruits -- to investigate these shooting incidents, with one suspect, who is directly linked to the murder of 18 people in Lusikisiki, having already appeared in court,” Cabinet said in a statement on Thursday.

READ | Cabinet welcomes crime fighting efforts 

Myekethe made a first appearance in the Lusikisiki Magistrates’ Court on Wednesday in connection with the massacre.

President Cyril Ramaphosa  had previously also conveyed his condolences to the families of the 18 people killed last month. – SAnews.gov.za

NeoB
Wed, 10/16/2024 - 09:11

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Department undertakes initiative to review spending habits

Location: News

Department undertakes initiative to review spending habits

The Department of Forestry, Fisheries and the Environment has initiated a comprehensive departmental spending review to ensure that every rand is utilised effectively.

“This process is designed to scrutinise our expenditures, identify areas where we can achieve greater efficiency, and reallocate resources to priority programs that deliver the greatest benefit to our environment and citizens,” Minister of Forestry, Fisheries and the Environment Dr Dion George said on Tuesday in Cape Town.

Addressing the media on his 100 days in office, the Minister said his department was committed to upholding the highest standards of fiscal responsibility and in understanding the importance of prudent financial management.

“By eliminating wasteful spending and streamlining operations, we aim to ensure that every rand is utilised effectively. Over the medium term, the department's budget has been reduced by nearly R2 billion.

“In recognising that effective conservation and environmental initiatives require substantial resources, we have been actively working to attract donor income and ensure financial efficiency within our department and its entities,” the Minister said.

In the past 100 days, the department has embarked on a strategic campaign to engage with international donors, private sector partners, and philanthropic organisations.

“These efforts have begun to bear fruit, with several promising discussions underway to secure funding for key conservation projects and community-based environmental programs. By diversifying our funding sources, we are enhancing our capacity to implement impactful initiatives without placing additional strain on the national budget,” the Minister said.

He was reflecting on the milestones of the work that has been done since his appointment by President Cyril Ramaphosa to lead the department.

The President appointed George and Deputy Ministers, Bernice Swarts and Narend Singh, on 03 July 2024 to lead the department under the Government of National Unity (GNU).

In the short to medium term, the department will prioritise climate change and energy; fisheries, particularly small-scale fisheries, and aquaculture; wildlife and biodiversity; and conservation efforts and environmental protection initiatives.

Reducing red tape

The department has also embarked on a comprehensive review of its regulatory frameworks to identify bottlenecks and areas in need of improvement.

“I am pleased to share that we have made substantial progress in starting to simplify procedures and reducing unnecessary red tape. We have also started to engage with industry leaders, environmental organisations, and community representatives to gather feedback on regulatory obstacles.

“By collaborating closely with these stakeholders, we are developing practical solutions that reflect the realities on the ground. This approach ensures that our policies strike the right balance between environmental protection and economic development,” George said.

As part of these efforts, as the appeal authority over decisions taken by the officials within the department in terms of the National Environmental Management Act, the Marine Living Resources Act, the Integrated Coastal Management Act and the Promotion of Access to Information Act, the Minister has prioritised the finalisation of appeals.

“In my first 100 days I have considered 65 appeals, ensuring that outstanding matters are addressed promptly and fairly. - SAnews.gov.za
 

nosihle
Tue, 10/15/2024 - 12:15

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Revitalising SA’s national parks to world destinations

Location: News

Revitalising SA’s national parks to world destinations

The Department of Forestry, Fisheries and the Environment has undertaken a bold initiative designed to elevate the country’s parks to world-renowned tourism destinations.

This will be achieved through the new Kruger, Kirstenbosch-iSimangaliso Icon Status Strategy, or KISS, which is focused on reforming each of these iconic sites into world-class destinations that set new standards for conservation, education, and sustainable tourism.

“Throughout the seventh administration we will reimagine each of our botanical and zoological gardens of the future. It will involve integrating cutting-edge technologies, enhancing visitor experiences, and implementing innovative conservation practices.

“By modernising infrastructure and embracing digital innovations, we aim to transform these destinations into more accessible and engaging experiences for all visitors, both local and international,” Minister of Forestry, Fisheries and the Environment Dr Dion George said on Tuesday in Cape Town.

Addressing the media on his 100 days in office, the Minister said elevating these iconic sites will inspire a deeper appreciation for the country’s environment and reinforce South Africa's leadership in global conservation initiatives.

“However, the transformation of these sites will span beyond environmental stewardship and into economic development. The KISS initiative will aim to create new jobs in the green economy and provide opportunities in fields such as environmental science, sustainable tourism, and wildlife management.

“By investing in training and capacity-building programs, we will empower local communities and foster inclusive growth from the ground up. Moreover, as South Africa prepares to assume the G20 Presidency next year, we see a unique opportunity to showcase these world-class sites on the global stage,” the Minister explained.

He said his department plans to host key G20 meetings and international conferences at locations like Kirstenbosch and the Kruger National Park, which will position South Africa as a premier destination for future global dialogues on sustainability and conservation driven economic development.

Captive lion breeding

Following in the footsteps of his predecessor, the Minister said he has taken a clear and decisive stance against captive lion breeding.

“The process initiated by my predecessor will continue. The Fair Industry for Lions, Leopards, Elephants, and Rhinos initiative, known as the FILLER, is dedicated to ensuring a fair and sustainable future for our country’s most iconic wildlife.

“Our goal is to boost economic activity and create jobs in eco-tourism and conservation, all while safeguarding these magnificent creatures for generations to come,” the Minister said.

Small-scale fishers and coastal communities

Recognising the difficulties faced by small-scale fishers and coastal communities, the Minister has initiated a process to simplify the application for fishing licenses.

“By removing bureaucratic barriers and streamlining procedures, we aim to make it easier for local fishers to obtain the necessary permits to operate legally and sustainably. This will empower individuals and small enterprises, promote inclusivity in the fishing industry and ensure that economic opportunities are accessible to those who need them most.

“In addition to policy reforms, I have embarked on a comprehensive 12-harbour tour to engage directly with the communities that rely on our maritime resources. So far, I have conducted oversight visits at four of these harbours, where I have met with local fishers, community leaders, and stakeholders. These visits have provided invaluable insights into the everyday realities and opportunities within the sector.”

During these engagements, issues ranging from infrastructure needs and safety concerns to market access and training opportunities were discussed.

“Moreover, I am meeting with lawyers for conservationists and small-scale fishers on the litigation currently heading to court. I am certain we can reach a settlement that will ensure the future of our African penguin population in the wild,” the Minister said. 

He was reflecting on the milestones of the work that has been done since his appointment by President Cyril Ramaphosa to lead the department.

The President appointed George and Deputy Ministers, Bernice Swarts and Narend Singh, on 03 July 2024 to lead the department under the Government of National Unity (GNU).

In the short to medium term, the department will prioritise climate change and energy; fisheries, particularly small-scale fisheries, and aquaculture; wildlife and biodiversity; and conservation efforts and environmental protection initiatives. - SAnews.gov.za
 

nosihle
Tue, 10/15/2024 - 12:43

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Special Investigating Unit: cracking down on corruption

Location: News

Special Investigating Unit: cracking down on corruption

The Special Investigating Unit (SIU) has closed more than 1900 cases during the 2023/24 financial year.

The unit also handed over 26 comprehensive reports to President Cyril Ramaphosa on the outcomes of investigations.

“These reports include, amongst others, the investigations about the National Lotteries Commission, Passenger Rail Agency of South Africa (PRASA), the Masters' Office, and National Student Financial Aid Scheme (NSFAS). These reports reflect the SIU’s dedication to transparency and accountability in the fight against corruption.

“The SIU has referred evidence for the institution or defence/opposition of civil proceedings worth R4.8 billion. This includes, amongst others, matters regarding R2 billion from Eskom, R834 million from Transnet, R29.1 million from the eThekwini Metropolitan Municipality and R48.4 million from the City of Cape Town,” the unit said in a statement.

The unit has conducted lifestyle audits at PRASA, the Gauteng Office of the Premier, and the Free State Department of Community Safety, Roads, and Transport.

The SIU said it was committed to partnering with other law enforcement agencies to combat corruption.

“The SIU recognises the importance of collaboration in the fight against corruption. In line with the SIU Act, 583 criminal referrals were made to the National Prosecuting Authority, ensuring accountability prosecution of officials, private entities and individuals involved in corrupt activities. 

“These referrals reflect the unit’s ongoing efforts to ensure consequences for those who engage in corruption, maladministration and fraud. To ensure accountability for government officials involved in wrongdoing, SIU referred 297 officials to respective state institutions for disciplinary action,” the statement read.

The corruption busting unit is now within the fifth year of its turnaround strategy and has vowed to keep up the fight against criminality.

“[We] remain resolute in our mission to combat corruption, fraud, maladministration and malpractice in the public sector.

“The next five-year strategy will build on the successes of the previous strategy and focus on developing and implementing the National Corruption Prevention Strategy and implementing best practices, including cyber and data analytics, and further business process digitisation programmes,” the statement said. – SAnews.gov.za

 

NeoB
Tue, 10/15/2024 - 13:13

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Government to relaunch initiative for planting trees

Location: News

Government to relaunch initiative for planting trees

Deputy Minister of Forestry, Fisheries and the Environment Bernice Swarts has announced that her department plans to relaunch an initiative aimed at planting one million trees.

“We want to call on all South Africans – the three spheres of government, forestry sector, private sector, labour, academia, civil society and many others to join this ambitious campaign by pledging and committing to providing and planting trees on that specific day and going forward. Trees are important for life. Plant a tree today,” Swarts said.

Addressing the media on her first 100 days in office, she said the department plans to relaunch the Presidential Ten Million Tree Programme by planting one million trees in one day, on a day to be announced soon. 

The Presidential Ten Million Tree Programme is a clarion call by President Cyril Ramaphosa to all sectors of society led by the department.

As part of the activities for the National Arbor Month campaign, 6 000 trees were planted. 

“The launch [National Arbor Month campaign] was hosted at Freedom Park in Pretoria and the closing ceremony at Fort Cox Agriculture and Forestry Training Institute in Middledrift, Eastern Cape. A total of 6000 trees were planted in both the localities that hosted these ceremonies. 

“The Arbor Month campaign is aimed at raising awareness among South Africans about the importance of conserving, protecting, and planting trees for the benefit of both the environment and society,” the Deputy Minister said.

As part of the Arbor Month launch, she planted the first tree to officially initiate the Forest of Freedom at the designated site at Freedom Park in honour of the heroes and heroines who contributed to South Africa's democracy and liberation struggle. 

“The first 30 trees planted at the Forest of Freedom marks the 30 years of freedom and democracy in South Africa. World leaders and other luminaries visiting Freedom Park will get an opportunity to plant a tree in the Forest of Freedom, when it is ready,” the Deputy Minister said. 

She was reflecting on the work that has been done since her appointment by President Cyril Ramaphosa as a Deputy Minister.

The President appointed the Minister of Forestry, Fisheries and the Environment Dr Dion George and Deputy Ministers Bernice Swarts and Narend Singh on 03 July 2024 to lead the department under the Government of National Unity (GNU). - SAnews.gov.za
 

nosihle
Tue, 10/15/2024 - 13:17

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Minister announces project preparation bid window

Location: News

Minister announces project preparation bid window

A first of its kind project preparation bid window that will allow state owned entities, public entities and municipalities to apply for project preparation support has been announced.

Public Works and Infrastructure Minister, Dean Macpherson and Acting Head of Infrastructure South Africa (ISA), Mameetse Masemola launched the project preparation bid window in Johannesburg on Tuesday.

“As we unveil the first-of-its-kind project preparation bid window, we are taking a decisive step towards achieving the economic growth and job creation that our country so desperately needs,” said the Minister.

The bid window invites submissions from national and provincial governments including state owned entities, public entities, municipalities and private sector projects to apply for project preparation support.

Macpherson said the initiative was a crucial step toward expanding infrastructure investment in the country adding that the announcement represents an important moment for South Africa and an evolution in the work that Infrastructure South Africa does.

“No longer are we talking about the pipeline of infrastructure projects, we are building.

“This initiative will enable us to move beyond the talking phase and focus on action—on laying the foundations for sustainable infrastructure that will support long-term development.

“It is not just about bricks, mortar, or steel. It is about creating a solid foundation for our economy to thrive, for our people to prosper, and for our nation to rise. 

“Infrastructure development touches every aspect of our lives, from the water we drink to the roads we drive on and it has the power to transform not only our economy but our society as a whole. The project preparation bid window we are unveiling today is therefore a game-changer.”

Macpherson said for far too long, one of the major barriers to infrastructure development in South Africa has been the lack of sufficient project preparation support.

“We are providing the tools necessary to ensure that infrastructure projects are shovel-ready, so they can be implemented efficiently and effectively,” he said.

Working together with ISA at the helm, government will see more cranes in the sky, more roads being built and more renewable energy projects coming online.

Masemola said one of the major contributing factors to under investment in infrastructure is the lack of sufficient project preparation support for infrastructure projects.

“To address these challenges and unlock the potential of infrastructure investments in South Africa, the National Treasury has granted ISA a project preparation fund to support project development to accelerate the pace and quality of infrastructure delivery,” she said.

Masemola said in future, ISA seeks to catalyze seed funding to blend with other project preparation facilities available to develop viable and bankable infrastructure projects.

The project preparation support is set to extensively expand the ability of construction projects to be implemented in South Africa. This as one of the major contributing factors to under-investment in infrastructure is the lack of sufficient project preparation support.

The new bid window builds on the 12 infrastructure initiatives President Cyril Ramaphosa previously announced at the Sustainable Infrastructure Development Symposium South Africa (SIDSSA) in March this year which already benefits from the first R179 million in project preparation funding allocated by the National Treasury to ISA to support catalytic projects that otherwise would not progress to implementation stage.

Applications

Applications for the next phase of project preparation bid window announced by the Minister today can made at ISA. 
Applications close on 06 December 2024 and is specifically for projects valued at more than R1 billion which have the potential to crowd in investment from alternative sources such as Multilateral Development Banks and Development Finance Institutions other than the national fiscus.

Successfully selected projects will receive comprehensive project preparation assistance including funding structuring support, technical support, legal support, institutional and governance arrangements, capacity deployment and regulatory compliance studies.

The following priority sectors will be considered for project preparation financing:

Energy
Water and Sanitation
Transport (major roads, airports, ports and freight transport)
Human Settlements (excluding student accommodation)
Social Infrastructure (Education & Health)
Municipal Infrastructure (focus will be on infrastructure projects that have potential to leverage private sector financing)
Industrial Development Zones & amp, Special Economic Zones (IDZs &amp, SEZs).

Guidelines for the project preparation bid window can be found on www.infrastructuresa.org. – SAnews.gov.za
 

 

Edwin
Tue, 10/15/2024 - 14:34

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