SA makes its mark in fisheries economy

South Africa is no longer a spectator country in the business of the ocean and fisheries economy, Minister of Agriculture, Forestry and Fisheries Senzeni Zokwana said on Tuesday. “I am proud about the strides we have made as government within the fisheries sector. The path we have started will put us on a higher plane in creating more opportunities for our people,” said the Minister when he briefed media on the strides South Africa has made in the ocean economy, especially in fisheries. Fisheries management remains a complex sector given…

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Soshanguve learners to get automotive skills

The upgraded Soshanguve School of Specialisation, which specialises in automotive engineering, is set to boost the technical skills and creativity among school learners. The Gauteng Government is introducing School of Specialisation (SoS) to nurture talent in young people across key disciplines and develop the country’s future leaders. SoS are intended to respond to the skills shortage and unemployment crisis among the youth in the country by equipping learners with the skills and knowledge to give them the best chance of success in life. Speaking at the opening of the school…

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The story behind your fishy meal

Agriculture, Forestry and Fisheries Minister Senzeni Zokwana has encouraged South Africans to support the ABALOBI app that tells the story behind the fish on their plates. “We are already in the era of the 4th Industrial Revolution, where technology has taken over to make life easier. A patron can order a seafood meal in a well-established restaurant and be able to track who caught the fish, how was it caught, when was it caught and be able to link directly with the fisher who caught the fish on your plate…

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Business confidence at lowest level this year on back of election uncertainty

Business confidence is at its lowest level this year, according to the South African Chamber of Commerce and Industry’s latest business confidence index. The index dropped 1.6 points to 91.8 in March, the lowest level since the start of the year. The index was 95.1 in January and 93.4 in February. The figure is also 5.8 points lower than the 97.6 reported in March last year. The report cites the upcoming general elections as contributing to uncertainty in the business environment.   “The BCI reflects a depressed business climate that…

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OPINION: Now is the time to stand together and get African youth to work

JOHANNESBURG – Let’s start with Nigeria, where the youth population is more than 35 million, with many unemployed and struggling just for a daily meal. Then there’s Rwanda, which is marking the 25th anniversary of its genocide and has done a great job rebuilding the country and reducing its unemployment rate to 15percent. Next up South Africa, where injustices of the apartheid era and lack of skills have left the majority of its youth destitute, with little hope evidenced by the protests seen during the past few weeks. Unemployment remains…

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SA needs to encourage more local patents – Davies

JOHANNESBURG – South Africa’s government is striving to strike a balance between granting monopoly rights to support innovation, the dissemination of knowledge and addressing the country’s socio economic challenges, trade and industry minister Rob Davies says. Davies told a forum on intellectual property and technology commercialisation, hosted in collaboration with the Companies and Intellectual Property Commission, that there was a need to encourage greater use of the patent system by local innovators, with more than 95 percent of patents currently registered in South Africa being foreign. “South Africa has inventions…

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Nissan to build Navara in SA as part of R3bn investment

Pretoria – Nissan South Africa has announced a R3 billion investment in its Rosslyn plant in Gauteng, which will see it produce the Navara bakkie for the first time ever. Navara production will commence from 2020 on an upgraded, and more flexible, production line that will see it built alongside the existing older-generation NP300 and the unibody NP200 compact bakkie. The Navara is currently sold in South Africa as a limited range of imported double cab models, but Nissan SA said that it would produce a “full” line-up of Navara…

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Barloworld offers employees, general public stake in R3.5bn BEE property scheme

JOHANNESBURG – Industrial conglomerate group Barloworld Limited on Wednesday launched its public offer for Khula Sizwe Property Holdings, a black-owned property company, in a bid to enable black South Africans to own a stake in a significant property company. Through this transaction, which is part of the company’s vision for social and economic development, Barloworld will sell a portfolio of its properties to Khula Sizwe and lease back the properties for a 10-year period. The black public, and approximately 14,000 of Barloworld’s management and employees, will own shares in Khula Sizwe,…

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