Africa rises to lead conversation on sustainable agriculture amidst climate change

  The drought which brought the Western Cape to its knees and hammered agriculture in various parts of the country – resulting in job losses and lost production – brought home the pressing need for a sustainable agriculture sector built on smart resource management and adaptation of production systems. By Dr Shadrack Moephuli president and CEO of the Agricultural Research Council Internationally, agriculture is under strain from climate change, the effects of which have been harshly felt in South Africa which is reeling from the worst drought. The fourth industrial…

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Kangnas Wind Farm celebrates two major construction milestones

  The South African Kangnas Wind Farm is celebrating the simultaneous completion of two major construction milestones, namely the erection of the first of its 61 wind turbines and the completion of its final turbine foundation.  In a company statement, the Kangnas Wind Farm, situated in South Africa’s Northern Cape, highlighted that both milestones have been completed slightly ahead of schedule and within budget.         Catch up on the latest news in South Africa’s wind industry The first wind turbine lifting is a pivotal point in the construction of the…

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An SEZ could revive manufacturing capacity in Vaal Triangle

“Collaboration is the key to the success of SEZ initiatives;” says Zak Sivalingum, FNB Gauteng East Regional Head. An important attribute that South Africa can take away from the success of Special Economic Zones (SEZ) at a global level is the importance of collaboration between key public and private stakeholders to attract Foreign Direct Investment (FDI), boost economic growth and industrialisation. Although growth has been subdued for several years, there is still potential to open up opportunities for both small and established businesses while stimulating economic activity and creating much…

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Industrialisation, transformation crucial for growth

Industrialisation and transformation are at the centre of the Department of Trade and Industry’s efforts to grow the South African economy. “Our mandate as a department is to build a dynamic, industrial and globally competitive South African economy, characterised by inclusive growth and development, decent employment and equity, built on the full potential of all citizens. “In line with this mandate, the State of the Nation Address and our Budget Vote, industrialisation and transformation will occupy the centre stage in our work,” said the Department of Trade and Industry’s Director…

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No glass ceiling for construction trailblazer

The Soweto-born businesswoman Feziwe Mpaku is slowly making her mark in an industry that is dominated by men. JOHANNESBURG –  A young entrepreneur has gone into construction because she is passionate about building. The Soweto-born businesswoman Feziwe Mpaku is slowly making her mark in an industry that is dominated by men.   Mpaku, 30, is the founding managing director and project manager of the 100 percent black women-owned Independent Girls Business Enterprise (IGBE), a general building, mechanical and civil works company. She says her fortunes changed after 1994 when a new Constitution recognised…

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OPINION: Spreading the wings of angel investing in SA

  JOHANNESBURG – Start-ups face various challenges when launching their businesses, the most notable and obvious one being access to capital – given that at a very early stage, one doesn’t really know if a business will succeed and scale. Institutional and traditional investors are also more risk averse and prefer to deal with fledgling companies at a much later and safer stage of their business growth. This is where the concept of angel investing comes into its own. It’s supported many start-ups to bootstrap and get their business to…

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Economic development, trade department must lead initiatives – parliament committee

JOHANNESBURG – The department of economic development, trade and industry should be at the forefront of South Africa’s economic growth initiatives and encourage investment in sectors most likely to attract foreign investment, a parliament committee said on Wednesday. The department should implement all its programmes in order to play a stimulus role for the economy, the chairman of parliament’s committee on trade and industry, economic development, small business development, tourism, employment and labour, Mandla Rayi said in a statement. “It is critical that this department spearheads economic growth that will have…

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DA wants drought-stricken Northern Cape declared a disaster area

With more than 62 000 jobs at risk as a result of the ongoing drought in the Northern Cape, the DA has called for the province to be declared a disaster area. DA leader Mmusi Maimane was in Kimberley on Tuesday, where he said that the party was “convinced’ that the drought in the Northern Cape, which has persisted for almost five years, should be declared a provincial disaster. “The province’s crippling drought has persisted for almost five years without real, meaningful action by the provincial government. We are convinced…

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