Author: Agency
The South African government is committed to reinvigorating the country’s logistics sector as an enabler of economic prosperity. This is according to Transport Minister Barbara Creecy who delivered remarks at the launch of a new World Bank report titled: “Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions”. “[Government has] established the National Logistics Crisis Committee [NLCC]…comprised of representatives from the Presidency, various government departments and the private sector. “Its work includes securing strategic logistics corridors handling commodities that are essential to the export market and economic growth; addressing backlogs and congestion at strategic border…
In a major step towards cementing South Africa’s position as a global leader in green hydrogen, the Minister of Forestry, Fisheries, and the Environment, Dr Dion George, has overseen the launch of two game-changing environmental planning mechanisms. The Environmental Impact Assessment (EIA) Guideline for green hydrogen projects and the South African Green Hydrogen Potential Atlas will remove regulatory uncertainty, drive investment, and accelerate South Africa’s transition to a green hydrogen economy. Developed in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Council for Scientific and Industrial Research (CSIR), and GFA Consulting Group, these mechanisms will provide critical guidance…
Minister of Trade, Industry and Competition, Parks Tau, has emphasised the importance of regulating private healthcare costs to guarantee that affordable healthcare remains accessible to the majority of South Africans. “There is a serious concern about access to private healthcare in the country, given the high levels of market concentration and high prices,” he said on Tuesday. The Minister was speaking at a joint media briefing with Health Minister Dr Aaron Motsoaledi to share progress on implementing the recommendations from the Health Market Inquiry (HMI) into the private healthcare sector. The HMI, conducted five years ago by the Competition Commission…
The Department of Science, Technology and Innovation (DSTI) has expressed its strong support for government’s vision to bolster innovation as articulated by President Cyril Ramaphosa in the 2025 State of the Nation Address (SONA). The department said the Innovation Fund will be a key priority for the government in the 2025/26 financial year, with implementation overseen by the DSTI Minister, Professor Blade Nzimande. In his address earlier this month, President Ramaphosa reaffirmed the government’s commitment to advancing the Innovation Fund, which aims to bolster the growth of innovative startups and technology-driven Small and Medium Enterprises (SMEs). “To build an innovative…
The National Treasury has expressed satisfaction with the progress being made to remove South Africa from the Financial Action Task Force (FATF) grey list. This follows an announcement by the FATF on Friday, in which it upgraded four of the six outstanding action items at the conclusion of its latest plenary meetings in Paris, France. The FATF is the international standard-setting body that oversees global compliance with anti-money laundering rules. The FATF grey list refers to the FATF’s practice of publicly identifying countries with strategic AML/CFT deficiencies. The FATF maintains two such lists with one being jurisdictions under “increased monitoring”…
The Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa has assured South Africans that the country will overcome the current bout of load shedding crisis by the end of the week. The Minister along with Eskom executives were briefing the media on Sunday to provide an update on the status of South Africa’s electricity generation performance. The briefing follows an announcement by Eskom that it had implemented Stage 6 load shedding as of 1:30 am on Sunday. “I’m confident that by the end of the week, we should be out of this difficult situation. We are confident we’re going to…
The South African Police Service (SAPS) seized more than 70 000 counterfeit items valued at over R90 million in January 2025. The police also arrested 37 suspects of various nationalities during multiple takedown operations conducted in Limpopo and KwaZulu-Natal throughout the month of January 2025. The seized counterfeit and illicit goods included cellphones and accessories, pharmaceuticals, cigarettes, toys, clothing and consumables. These operations were led by the National Counterfeit Goods Unit, with the support of the provincial Counterfeit Goods Units, the Department of Home Affairs, the South African Revenue Service (SARS) Customs division and brand protectors. A Mission Action Joint…
The use of drone technology has boosted South Africa’s border security efforts, with operations at ports of entry this festive season having been improved as a result. Speaking at a briefing on Friday on the Border Management Authority (BMA) festive season operations, Home Affairs Minister Dr Leon Schreiber said the use of drones at five ports of entry on a pilot basis made an immediate and visible impact. Schreiber said the piloting of new technology, including drones and body cameras, has demonstrated the power of digital transformation to secure and enhance border management. “It is now time for the BMA…
As the world convened in Davos for the World Economic Forum (WEF) Annual Meeting recently, South Africa presented its vision for the G20 Presidency this year – outlining a path towards a more equitable and sustainable future. This is according to President Cyril Ramaphosa who addressed the country through his weekly Presidential newsletter on Monday. South Africa’s theme for the Group of Twenty (G20) Presidency is Solidary, Equality, Sustainable Development. “We made the point that it is in the interests of all countries, large and small, wealthy and poor, to reduce global inequality. That is why one of our priorities…
President Cyril Ramaphosa, says South Africa is undergoing a “fundamental transformation” – as it seeks to accelerate inclusive economic growth. President Ramaphosa was speaking at the South Africa Night World Economic Forum (WEF), held at the Garden Hall in Davos Klosters, Switzerland, on Tuesday evening. The event, hosted by Brand South Africa, celebrated the country’s G20 Presidency, an extraordinary opportunity to shape the global agenda for inclusive growth and sustainable development. The event was held on the sidelines of the annual WEF meeting, which is taking place from 20-24 January 2025, under the theme: “Collaboration for the Intelligent Age”. The…