President Cyril Ramaphosa to lay out state agenda at the SONA 2019

South African President Cyril Ramaphosa will address parliament and the country by laying out the plans, policy, and challenges for 2019. The country’s political leaders will meet on Thursday, at the Parliament buildings in Cape Town for the State of the Nation Adress (SONA).

The national address will mark the opening of parliament for the year and is also expected to be met with disruptions as opposition parties.

It is hoped that the 2019 State of the Nation Adress will outline impactful objectives that the government will achieve. According to the thesouthafrican.com, the economy, high levels of unemployment, challenges facing the health system, land reform, service delivery, and foreign investment are some of the key issues many will be looking at the President to address.

The SONA will be broadcasted on SABC, ENCA, as well live streamed on Parliament YouTube Channels. This 2019 address is important as SA will be having Presidential elections.

 

By Mokgethi Mtezuka

$20bn investment shows “SA has a lot to offer”

Since President Cyril Ramaphosa announced his massive investment drive for the country, at least US$20 billion has been amassed.

Last year, the President announced an ambitious plan to attract investment to the country of $100 billion in the next five years. And, in the past few months, this drive has already seen investments pour into the amount of $20 billion.
The President said this when he addressed day two of the Investing in African Mining Indaba at the Cape Town International Convention Centre on Tuesday. The conference is being attended by Heads of State, investors, and dealmakers from around the world.

“We have recently returned from the World Economic Forum in Davos and a State visit to India, where we engaged with the investment community on, among other things, South Africa’s ambitious programme to mobilize far greater levels of investment.

“Our message to international investors is that we are taking practical measures to build an economy that is underpinned by inclusive growth, competitiveness, and transformation.

“This message found practical expression in the inaugural South Africa Investment Conference, which we hosted in October last year.

“Several companies at the conference made announcements of investments, which amounted to around $20 billion in total,” the President said.

The investments, President Ramaphosa said, are a clear indication that the South African economy has a lot to offer, and that opportunities for growth are abundant if the country harnesses its areas of comparative advantage and creates an environment conducive to investment.

“The fact that three of these major investment announcements came from the mining sector gives credence to our view that mining in South Africa is a sunrise industry.

“We expect that they will make a valuable contribution to accelerated economic growth and greater job creation,” he said. With South Africa’s mining industry having a long history that spans over 150 years, the President said the country’s mineral wealth has attracted large capital investments over the decades, resulting in the development of integrated industrial value chains that generate significant value for the economy.

“South Africa hosts the world’s largest reserves of platinum group metals and manganese, and some of the largest reserves of gold, diamonds, chromite ore and vanadium.

“As the government, we regard the mining industry as a key player in the future growth and development of our economy, with huge potential for exploration, production, and beneficiation.

“It is for this reason that we have prioritized the restoration of policy and regulatory environment that is stable and predictable.

“Significant work has been done to remove the uncertainty that held back the development of the industry,” he said.

 

– SA gov news

South African Film Summit concludes

Johannesburg played host of the 2019 SA Film Summit, under the theme “transformation and innovation in the South African Film/Audio-Visual Industry and the 4th Industrial Revolution”. The aim of the summit was to highlight the potential of the creative art in South Africa.

According to china.org.cn, the South African creative arts industry has a potential of exceptional growth. if they could break into the BRICS markets and make use of disruptive technologies.
South African Arts and Culture Minister Nathi Mthethwa who spoke at the summit said that film creator should use new technologies to unlock the full potential of the SA arts industry.

Mthethwa also highlighted the impact of the fourth industrial revolution could have on arts and culture and how South African and stakeholders in the creative industry should be prepared or be falling behind the rest of the world. The film and creative industry could be the key element in relieving the economic pressure in South Africa and encourage the creation of jobs.

The summit also aimed to address the challenges faced by those in the film and media industry. Its key points under discussion by a panelist like the inclusion of women and black people, national identity, inequality, new technologies, and economic growth.

 

By Mokgethi Mtezuka

Investing in Africa’s Mining Indaba 2019

The 25th edition of the Africa Mining Indaba is underway, held of Cape Town and will run from 4 to 7 February. This is the largest mining investment event in the world the event will look hold discussions on the future of mining in Africa.

In attendance, Minister of Mineral Resources Gwede Mantashe. The Minister said South Africa is open for business and that the government is ready to achieve its goals. He also released data that mining production in SA rose by 0.5 percent year-on-year in October 2018.

Mining production in South Africa contributes R447 billion to the economy, largely due to increased production of nickel, PGM, diamonds, manganese and chromium ore. The mining Indaba allows for meaningful engagement with those in concern with the granting prospecting of mining, mining rights and permits to determine rights, impacts, and benefits for communities.

Minister Mantashe emphasizes the need to improve on mechanisms that allow for cohesion between the mining sector and the communities. Other topics for discussion will be mining 2050 how data, AI and automation will impact the mining sector. Investment battlefield feature that best mining projects go against each other for financing as well as young leadership programme.

Other high-level speakers include South African President Cyril Ramaphosa, Ghanaian President Nana Akufo-Addo, Chief Executive of Anglo American Mark Cutifani, Chairperson of Gold Field Cheryl Carolus and many other leaders in business, political and educational institutions.

 

 

By Mokgethi Mtezuka

South Africa’s Department of International Relations and Cooperation issues a statement on US, UK and Germany memorandum

The Department of International Relations and Cooperation (DIRCO) notes with disappointment the dispatching of a Memorandum to the Office of The Presidency by the Embassies of the United States of America, the United Kingdom, the Netherlands, Germany and Switzerland. This is a departure from established diplomatic practice.

In terms of acceptable diplomatic practice, protocol and convention, diplomatic missions are expected to communicate to the receiving state by means of a note verbale (diplomatic note) conveyed through the Department of International Relations and Cooperation. All embassies, regional and international organisations accredited to South Africa are aware of this protocol and universal norm. South African diplomatic missions abroad consistently observe this protocol by directing official communication to the respective foreign ministries in the countries of accreditation.

The South African government is intensifying its efforts to deepen and expand economic relations with a number of countries around the world, and is pleased with the enthusiastic response its efforts have yielded thus far. All matters that have been raised by investors are being addressed by the respective clusters of our government. We are satisfied that all the branches of our democratic state, including state agencies, are vigorously pursuing their respective mandates to address our current challenges.

The Minister of International Relations and Cooperation, Ms Lindiwe Sisulu, has instructed the Department to demarche the concerned Ambassadors with a view to discussing substantive matters contained in their correspondence, and to reiterate acceptable protocol in addressing such matters.

The Department of International Relations and Cooperation would like to remind all diplomatic missions accredited to South Africa to address official correspondence through the appropriate diplomatic channels.

ISSUED BY THE DEPARTMENT OF INTERNATIONAL RELATIONS AND COOPERATION

South Africa to host mining investment roundtable

South Africa is to host a mining investment roundtable. Minister of Trade and Industry Dr. Rob Davis is expected to address mining investment roundtable on the sidelines of the African Mining Indaba, next week in Cape Town. Mineral Resources Minister, Gwede Mantashe and the General Manager of Research at Brand South Africa, Petrus de Kock are also to address the investment roundtable.  

The Mining Indaba will be held under theme ” Championing Africa’s Sustainable Economic Development, ” from 4 February to 7. According to African News Agency, more than 750 investors and dealmakers are expected to be among the estimated 7,000 delegates expected to gather in Cape Town from across the globe.

Held on the margins of the 25th investing African Mining Indaba, the South African roundtable will be under the theme “theme Invest in South African Mining”.Canada, the United States, India, China, and Russia are among the countries invited to the roundtable as prospective investors.

 

 

 

Source: African News Agency

SA, India to strengthen cooperation in agriculture

 

Image source: Illumina 

The governments of South and India have agreed to strengthen cooperation in the fields of agriculture, forestry, and fisheries.

The two countries made the commitment during a bilateral meeting between South Africa’s Minister of Agriculture, Forestry and Fisheries, Senzeni Zokwana and Indian Minister of State for Agriculture and Farmers Welfare, Parshottam Rupala, in New Delhi, India last week.

The bilateral meeting was aimed at strengthening cooperation in agriculture, forestry and fisheries with a special focus on the areas of crop and animal production, research, food and nutrition security, agroforestry, aquaculture, and agro-processing.

The meeting was a culmination of technical discussions which took place at the 4th Joint Working Group on Agriculture between the two countries.

During a meeting, Zokwana and Rupala recognized the importance of agriculture to the economies of their respective countries and committed to continue deepening bilateral trade in agricultural commodities.
South Africa gained market access for persimmons and mangoes in 2016. Work is currently at an advanced stage to gain market access for avocados, litchis, and pickled sheep and goat skins.

The ministers recognized the signing of the Memorandum of Understanding on Agricultural Research and Education between the Agricultural Research Council of South Africa and the Indian Council of Agricultural Research in 2018. They urged both institutions to expedite the finalization of a work plan to outline a programme of action on cooperation in research and education.

The areas to be covered in the work plan include crop breeding, silk production, agricultural biotechnology, post-harvest technologies, and agriculture education and training.

They also agreed to explore opportunities in the area of the bamboo value chain.

Addressing poverty and hunger
Further agreements were made on working together on mutual food and security initiatives directed towards the achievement of the Sustainable Development Goals (SDGs) with specific reference to SDG 1 – addressing poverty; SDG 2 – addressing hunger, and sharing their experiences in the development of drought-resistant varieties and bio-fortified varieties.

Both Ministers further noted the importance of the soil-water-energy relationship and committed to intensifying initiatives in this nexus to address sustainable agricultural systems.

Revolutionary agricultural development
Experiences were shared in extension services on the importance of it in the Fourth Industrial Revolution to ensure revolutionary agricultural development was emphasized.

Furthermore, the Ministers agreed on convening an inaugural bilateral seminar on the extension. The seminar will be a platform to share best practices and set a new bilateral agenda on extension and technology transfer.

South Africa will host the first seminar, where a joint action plan will be crafted. In strengthening the marketing of commodities, the National Agricultural Marketing Council of South Africa and the National Institute of Agriculture Marketing of India will sign a Memorandum of Understanding.

 

 

– SAnews.gov.za

South African and India look to progress old partnership

The South Africa president Cyril Ramaphosa met with India Prime Minister Narendra Modi in India over the weekend. The meeting comes as President Ramaphosa was invited to India’s 70th Republic Day Parade on 26 January 2019. India and South Africa have had strong ties and a relationship spanning over 25 years.

READ MORE:Ramaphosa, Chief Guest at Republic Day of India

The two leaders used the opportunity to further strengthen their relationship, SA-India relations has resulted in over 150 Indian companies based in South Africa, $10 Billion in investment and almost 20 000 South Africans employed. 

SA-India cooperation does not just stop at a business level but also expands into the science and technology sectors. Indian scientist contributed strongly in the design and development of the Square Kilometre Array (SKA) in the Northern Karoo in South Africa.

There is also a joint project which honors the iconic leaders of both Countries. The Mandela centenary and Gandhi’s 150th celebration – a technical skills centre established by India in South Africa.  The Gandhi-Mandela Centre of Specialisation for Artisan Skills will be based at the Tshwane South campus, Pretoria.

READ MOREIndia to establish a technical skills centre in South Africa

 

Source: iol.co.za

Brazil and South Africa discuss increased partnership between countries

Brazilian and South African leaders held a bilateral meeting on Thursday (January 24) to discuss ways to expand trade partnerships between the two countries. Brazil’s President Jair Bolsonaro and his South African counterpart, Cyril Ramaphosa, met in Davos (Switzerland) on the sidelines of the World Economic Forum.

Bolsonaro presented the economic measures that will be taken by his administration to make the Brazilian economy more open and competitive, expanding trade partnerships. The leaders will also seek to strengthen cooperation ties to address challenges common to both countries, such as unemployment and social inequality.

During the meeting, the South African president said he has no doubt that he will find transformations underway in Brazil when he comes to the country for the BRICS (a group formed by Brazil, Russia, India, China, and South Africa) Summit, during which leaders of the group will be passed on to Brazil.

 

– Brazil gov news

London based group to invest 8.4bn in India and $1.2 billion in South Africa

Vedanta, a London based oil and metals group plans to invest in South Africa and India. The group has plans to invest $8.42 billion in its Indian projects and $1.2 billion in its South African projects. 

The company is aiming at increasing its zinc production and plans to expand its zinc operations in India and Africa.

Vedanta CEO Srinivasan Venkatakrishnan, Executive Chairman Anil Agarwal and CEO of Vedanta Zinc International Deshnee Naidoo were part of the delegation accompanying South African President Cyril Ramaphosa on his trip to India.

The company has over the years committed to creating jobs and plans to create more jobs in both countries. Vedanta created approximately 100 000 jobs in India and South Africa.

Vedanta has already invested $400m in South Africa bring its total investment to 4 billion,” Agarwal told. Channel ET.

 

Source: Mining Technology