Illegal Wildlife Trade: What Banks Must Do

Author: Erik Stretz, Fico Principal Consultant   The FATF released their report on ‘Money Laundering and the Illegal Wildlife Trade’ a topic that has been sitting on the side-lines for a long time, overshadowed by more prominent criminal ventures, such as drug trafficking. Although the market pales compared to the vast sums moved in the drug space, it’s still the 4th most lucrative trade. Billions of dollars are made at the cost of our natural environment and the economical longevity of the affected countries and regions. If we look at…

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SA construction associations form an umbrella body

  Casa’s intention is not to compete with existing associations and bodies but to complement them. Almost 30 South African construction sector associations and bodies have united to form an umbrella body, Construction Alliance South Africa (Casa), with the aim of speaking to government with one voice. Casa chairperson John Matthews said on Thursday that Casa is a product of the collective effort of the entire construction industry in South Africa and its formation is a historic moment with far-reaching effects that will transform, grow and improve the industry. “Its…

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SADC strategy to boost regional manufacturing

The SADC Industrialisation Strategy and Roadmap foresees an increase in manufactured exports to at least 50 percent of total exports in the Southern African Development Community (SADC) by 2030. This is an increase from the present manufactured export output of less than 20 percent. The Industrialisation Strategy and Roadmap (2015-2063) also seeks to build market share in the global market for the export of intermediate products to East Asian levels of around 60 percent of total manufactured exports. The strategy and roadmap, adopted by SADC leaders in 2015, is anchored…

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German OEMs set down roots across Africa

Is Africa the next China? Germany’s car manufacturers certainly hope so. They’re setting down roots across the entire continent, counting on rising prosperity to create an appetite for its vehicles – but also working out new formulas to connect its high-priced product to low-income consumers. With more than a billion people, Africa has 17% of the world’s population. Yet it accounts for barely 1% of global car sales. As pointed out in a recent report by German broadcaster DW, Africa has just 45 vehicles per 1,000 inhabitants, well below the…

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Rand-Air: When Class O means top-class medicine!

The pharmaceuticals industry requires a pristine manufacturing environment to ensure the integrity of the final product, which must meet the strictest levels of hygiene. A key enabler in producing these sterile ‘clean room’-standard manufacturing conditions lies in the application of oil-free compressed air. Leaders in the field of portable air, power, flow and lighting solutions, and part of the global Atlas Copco Specialty Rental division, Rand-Air plays a major role within the pharmaceutical industry, delivering agile, customer-centric solutions across every aspect of this demanding manufacturing environment. Rand-Air Sales and Marketing…

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Six new bakkies to look forward to in 2021 and 2022

JOHANNESBURG – As far as bakkie sales are concerned, Toyota’s Hilux has a stranglehold on the South African market, as it has for decades now, but that has never stopped its rivals from stepping up to the plate with some compelling alternatives. And while the Hilux just got more competitive than ever with its recent round of upgrades, the competition is preparing to go to war in the next two years with an array of all-new models. These are six of the newcomers that we are looking forward to in…

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Cape Town company to make SA-designed oxygen delivery devices for Covid patients

A Cape Town medical manufacturer is set to mass produce a brand-new oxygen delivery device to assist South Africa’s struggling health sector. Gabler Medical, based in Thornton, will manufacture and distribute the Oxygen-Efficient Respiratory Aid (OxERA), a new low-cost and portable device that assists Covid-19 patients. The device was created by a team of volunteers in East London. Reiner Gabler, managing director of Gabler Medical, said there had historically been little support for the sector in South Africa, but this could change with the Covid-19 pandemic. “The supply shortages during…

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Numsa protesting nationwide to demand that ‘retrenched’ workers be reinstated

It is simply inhumane to retrench workers during a deadly pandemic, especially during Christmas, which is what this management did’, the trade union said. The National Union of Metalworkers (Numsa) will be embarking on a nationwide protest against steel manufacturing giant Macsteel, following the alleged retrenchment of 99 workers.  Macsteel has branches in Port Elizabeth, the Western Cape, KwaZulu-Natal, Gauteng and Mpumalanga. Numsa members said they would be picketing at “various offices and workplaces nationally” from Monday morning.    Their only demand, they said, was that all 99 workers that…

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S.Africa’s glass packagers face $100 million hit from alcohol ban – Consol

JOHANNESBURG (Reuters) – South Africa’s glass packaging industry could lose a further 1.5 billion rand ($98 million) in sales if the latest ban on alcohol sales continues for long, the CEO of glass bottle maker Consol said on Monday. Bottles of beer move along a production line at the South African Brewery in Alrode, file. REUTERS/Siphiwe Sibeko South Africa has recently banned alcohol sales for the third time as part of efforts to free up space for COVID-19 patients in hospitals burdened with alcohol-related injuries. The first two bans together…

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South Africa’s 4IR strategy: Huge gap between what’s on the ground and what the Ramaphosa commission recommends

  How will the recommendations of the Presidential Commission on the Fourth Industrial Revolution catapult South Africa? We find a huge gap between what we see on the ground and the recommendations of the commission. The much-anticipated final report and recommendations of the Presidential Commission on the Fourth Industrial Revolution were officially gazetted and made available for public scrutiny in October 2020. In summary, the commission’s recommendations were: Invest in human capital development; Establish an Artificial Intelligence Institute; Establish a platform for advanced manufacturing and new materials; Secure and avail data to…

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