The Department of Environmental Affairs has allocated more than R15 million to a land rehabilitation project in Nquthu, KwaZulu-Natal. Nquthu land rehabilitation The project is aimed at rehabilitating the land through the sloping of dongas, construction of gabions, planting of vetiver grass and planting of 1 000 indigenous trees in the area. Deputy Minister of […]
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Stellenbosch (Cape Town) –The action of the 2015 IMPI Challenge will culminate at the picturesque Lievland and Warwick Wine Estates, Stellenbosch the...

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AntidopingÂ* – The IAAF has carefully considered the statement issued on 5 August 2015 by scientists Michael Ashenden and Robin Parisotto and believes it contains a number of seriously incorrect assertions which the IAAF has a duty to correct. Concern of antidoping statements Of most concern to us is that the two scientists continue to [...]

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Newtown (Johannesburg)– PUMA ambassador, Lebogang Phalula celebrated National Women’s Day at the Mary Fitzgerald Square, Newtown on Sunday, 09 August 2015 where she claimed victory in the 10km Totalsports Women’s Race in a remarkable time of 33 minutes 22 seconds. According to Phalula, it was really nice running at home. “There was a very nice [...]

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Mineral Resources Minister Ngoako Ramatlhodi is on Wednesday meeting with leaders in the mining industry in an attempt to save jobs in the… GlobalBuzz-SA – Your Employment and Recruitment
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Freedom Park, tertiary institutions, companies and prospective employers will come together on Friday to embark on the Careers for a Powerful You… GlobalBuzz-SA – Your Employment and Recruitment
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President Jacob Zuma says trade has increased by 70% between BRICS member countries over the past couple of years and that South Africa stands to benefit from the BRICS Development Bank.

The President said this when answering questions for written reply at the National Assembly in Cape Town on Thursday.

The President had been asked a question on progress that has been made amongst BRICS partners and other developing countries with regard to industrial cooperation and investment.

“The summit also affirmed the importance of BRICS in the global arena. BRICS presents an aggregate Growth Domestic Product (GDP) exceeding US$32 trillion. This marks a 60% growth since the formation of the grouping.

“BRICS also accounts almost 30% of the global GDP and produces a third of the world’s industrial products and half of agricultural goods,” he said.

The President also said that further to this progress, trade amongst the BRICS countries has grown by 70% since 2009.

Also, BRICS countries attracted 20.5% of the global total direct investment in 2014, compared to only 16.9% in 2009.

The share of the BRICS capital investment on the global market has also increased significantly, the President said, from 9.7% to 14% since 2009.

“BRICS leaders also adopted as one of the key summit outcomes, a strategy for the BRICS economic partnership, aimed at further boosting trade and investment ties,” he said.

The President said the Ufa declaration focusses on a number of areas, including global politics, world finance, economy and trade, cooperation in social and humanitarian spheres as well among parliaments, business and civil society.

He said, meanwhile, that the summit also produced exciting developments with relation to the BRICS Development Bank.

“The seventh BRICS Summit in Ufa, Russia, registered substantive progress. The key achievement was entry into force of the BRICS financial institutions namely the New Development Bank and the contingency reserve arrangements.

“Two leading South African bankers have been appointed to the board of the BRICS bank.

“The next exciting initiative is the establishment of the African regional centre of the bank in Johannesburg.

“South Africa is proud to host the regional centre and preparations are at an advanced stage.

SA to increase economic cooperation with BRICS partners

President Zuma said South Africa would further strengthen its relationship and cooperation with BRICS member countries in key economic areas.

“We stand ready to expand our economic cooperation with these partners in key areas such as food production, power generation, petrochemical industry, mining, tourism, renewable and nuclear energy, trade, transportation, communications, and trade,” he said.

The President said, meanwhile, that the BRICS Development Bank had been received warmly by the world’s banks.

He said it was established after BRICS leaders saw a need to introduce a bank that would cater for particularly third world countries.

“But it does not only deal with the third world. It deals with anyone who comes to seek support from the bank. It has been welcomed by all, firstly, the big world banks have received the BRICS Development Bank very well.

“They see it as an important additional factor in the global financial transactions.” – SAnews.gov.za

Freedom Park, tertiary institutions, companies and prospective employers will come together on Friday to embark on the Careers for a Powerful You (C4U) career expo.

At the expo, Freedom Park officials will exhibit and teach learners about South African history, heritage and culture.

Grade 12 learners from various townships and rural areas in South Africa will access resources, opportunities, and sound advice from professionals, to unlock their full potential and make informed decisions about their career path.

The platform equips Grade 12 learners to transition from high school to tertiary as smoothly as possible.

They are encouraged to be proactive and search for solutions with regard to careers and challenges they currently face.

“Our core focus is to encourage innovation, creativity and produce sustainable development within our economy and communities” said Chief Operational Officer of Careers for a Powerful You, Sedzani Net****enzhe.

“We have identified the following as challenges that lie ahead for our learners - admissions, financial aid, earning extra income, opportunity identification, unemployment, how to start up a business, sound advice and questions about their future,” Net****enzhe said.

Jane Mufamadi, Freedom Park’s acting CEO, said Freedom Park has a vested interest in young people of the country. – SAnews.gov.za

Mineral Resources Minister Ngoako Ramatlhodi is on Wednesday meeting with leaders in the mining industry in an attempt to save jobs in the sector.

The meeting follows recent announcements by several mining companies of their intention to retrench workers.

Chamber of Mines President Mike Teke said the global markets had impacted the mining industry. China, which is one of the big markets that the mining industry depended on, was not growing at an expected rate.

“We thought that it would be growing at above 10 percent of the Gross Domestic Product (GDP) and it’s below that,” Teke said.

Commodity prices had taken a slump across the board with copper hitting its lowest price on Tuesday.

Minister Ramatlhodi said: “We are going to look at what government must do in order to contribute to saving the jobs. We will look into what the unions should do to save jobs and we will look at what the management of the industry should do to save jobs.”

He appealed to the gold sector, which is currently in wage negotiations with unions, to be transparent and for unions to be reasonable during wage negotiations to save jobs in the industry.

“They have got to approach this issue on the basis that we need to save jobs. Whilst we do not have to accept slave wages, we have to contribute towards saving jobs,” Minister Ramatlhodi said.

Recently the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) rejected a final wage offer made by the gold sector.

Minister Ramatlhodi encouraged the gold sector and the unions to re-engage to avoid a prolonged strike.

He said government was discussing how it could streamline its activities; simplify regulations to ensure that it is coordinated to make the mining industry conducive for business.

Teke said he hoped the meeting with Minister Ramatlhodi would be constructive.

“We are here to listen and participate…we don’t go out and shed jobs because we feel like shedding jobs, it’s difficult for the mining companies,” he said.

The meeting with Minister Ramatlhodi was attended by AMCU, NUM, the Chamber of Mines and Solidarity. – SAnews.gov.za

South Africa’s business confidence rose by 3.3 index points to 87.9 in July, said the South African Chamber of Commerce and Industry (SACCI) on...

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