WE ARE HELPING FXPRO USA CUSTOMERS - CLICK HERE
 

Archive for June, 2010

30
June

The Gauteng provincial government and Ford Motor Company of Southern Africa have jointly established a world-class Supplier Incubation Facility outside Pretoria as part of a R100-million investment in skills development in South Africa's vehicle manufacturing industry.

The public-private partnership between Gauteng and Ford serves as a blueprint for future projects, and the provincial government says it will continue to promote such partnerships in the manufacturing sector.

Primary growth sector

Blue IQ, the provincial agency responsible for flagship projects such as the Gautrain, Newtown and the Nelson Mandela Bridge, facilitated the new training facility at Ford's assembly site in Silverton.

Blue IQ chief executive Amanda Nair says the agency considers the automotive industry as a primary growth sector in the future of Gauteng.

The Supplier Icubation Facility will be attached to the Ford Motor Company's production facility following its recent R3-billion investment to produce the T6 next-generation compact pick-up truck.

An economic impact report recently concluded that Ford's T6 Model will contribute R79-billion to the Gauteng economy over the next 15 years and create around 700 000 direct and indirect employment opportunities.

Skills development and training

The Gauteng Government has committed R50-million for the construction of the facility and an additional R15-million for start-up costs for black economic empowerment (BEE) companies. A further R32-million is allocated for training and development programmes at the assembly plant.

More than 400 people will be trained during 2010 and a further 50 people will benefit through the incubator programme. A four-year training and development plan is in place to develop skills and ensure the growth of a globally competitive workforce.

Government investment

The Gauteng provincial government has demonstrated its commitment to growth in the automotive industry by including this sector in its industrial policies and future strategies.

It has provided the land adjacent to the Ford facility upon which a 7 200 square metre factory will be constructed. At least four new black businesses will be established at this factory to perform value-add sub-assembly work to main suppliers on the vehicle production line.

"Our objective is that these [BEE] companies will acquire the skills and experience to eventually become full-fledged suppliers to the South African automotive sector," said Nair.

Supporting economic growth, jobs

Huge setup and investment costs have, in the past, limited opportunities for smaller enterprises to participate in the industry, and the new initiative will assist prospective suppliers to overcome these hurdles.

A governance board will be established between Ford, its major suppliers and government to evaluate applications, award opportunities to participate and monitor their performance.

Blue IQ and its subsidiaries in the automotive sector will provide business training and mentoring while Ford and its suppliers will be responsible for the technical training, quality control and the monitoring of safety standards.

At the conclusion of an initial 10-year period, the Supplier Incubation Facility will either be transferred to Ford or continue in its existing form, depending on the requirements of the company at that time.

Nair said the project confirmed the value of Blue IQ as a facilitator of strategic infrastructure that supports economic growth and job creation.

"The [public-private partnership] model we have put in place is working well. We are delighted that Ford has continued to expand their manufacturing commitments in the province of Gauteng."

SAinfo reporter

Print this page Send this article to a friend

A Ford Ranger pickup truck. The Ford Motor Company of South Africa has invested R3-billion in its plant outside Pretoria to produce the new Ranger, codenamed T6 (Photo: Ford Motor Company of Southern Africa)

Category : BOC Publications | World Cup Africa 2010
30
June

South Africans living in the greater Johannesburg area are being urged to join the One Million Flags March through Soweto on Friday, 3 July to show their support for Africa's first Fifa World Cup.

The march will ensure local fans still keep the momentum of what has so far been phenomenal support for football's greatest showpiece.

Optimistic

Musician Arthur Mafokate says: "In the wake of Bafana Bafana's going out in style from the world's most spectacular tournament, South Africans remain optimistic and support the teams that are left in the tournament.

"To show South Africa's patriotism, passion and love for the game, different corporate companies and the government have partnered to continue to show they are good hosts."

It is not about Bafana, he explains; it is to show that South Africa is a beautiful nation and that its people can still celebrate even if the national team did not make it into the Round of 16. The way in which South Africans celebrate the World Cup will hopefully leave a lasting impression on visitors, which will bring them back to the country with their families in the future.

March movements

Starting from Baralink Taxi Rank in Diepkloof at 10:00 sharp, the march will go to Maponya Mall, moving towards Jabulani Mall, then to Dobsonville Mall, towards Protea Gardens Mall, Walter Sisulu Square of Dedication in Kliptown, and end at Elkah Stadium in Rockville.

A host of proudly South African individuals will participate. Mafokate says the nation should "embrace visitors and make them feel loved".

The One Million Flags March is being held 15 days before the birthday of Nelson Mandela. His birthday, on 18 July, is celebrated around the world as Nelson Mandela Day.

"Let's come together and celebrate with the world. The World Cup is a once in a lifetime opportunity," says Mafokate.

Raising the South African flag

The march is set to focus on everyone raising South Africa's flag in support of the country's world-class hosting of the prestigious tournament. "The One Million Flags March will take to the air through the streets of Soweto, and if it's successful it may be extended to other parts of the country."

He points out that, to local artists, the World Cup is "like a key opening a door for the whole world to know about us".

Confident that the march will attract one million people, Mafokate believes that not only people in Soweto but from surrounding areas will join.

Wavin' Flag

Somali-Canadian rapper and musician K'naan will perform his Wavin' Flag song at the Fifa Fan Fest™ at Elkah Stadium, where the march will end.

The march comes after Fifa and the Organising Committee noted concerns that Bafana's early elimination would affect the number of people in South Africa supporting the football and could break down the unity seen before the team's exit.

"Let us [South Africans] be the rainbow nation we are known to be," Mafokate says. "It's about the legacy [the World Cup] will leave behind."

Source: City of Johannesburg

Print this page Send this article to a friend

The One Million Flags March, scheduled for 3 July, will see South Africans showing their continued support for the 2010 Fifa World Cup (Photo: City of Johannesburg)

Play for Team SA on Football Fridays!

Football Fridays!

Ayoba, South Africa – always play for Team SA! .

Image library: 2010 Fifa World Cup

2010 image library

Free photos of 2010 stadiums, fans, teams, celebrations.

Go to the Nelson Mandela page

Nelson Mandela

Find out more about one of the great moral and political leaders of our time.

Category : BOC Publications | World Cup Africa 2010
30
June

Thulani Ngcobo's passion for football has scored him a place in sporting history, after he set a new Guinness World Record for the most Fifa World Cup matches attended by an individual at a single finals tournament.

The 29-year-old Ngcobo claimed the record after watching his 21st full match on Friday, 25 June in Pretoria, where Spain beat Chile 2-1. Guinness World Records adjudicator Jason Curran presented Ngcobo with a certificate after the match confirming he'd broken the record.

"I'm very excited. There's nothing like being a world champion, especially with something that involves soccer," Ngcobo said. "I love soccer."

MediaClubSouthAfrica
Free high-resolution photos and professional feature articles from Brand South Africa's media service.

Ngcobo, who comes from Pretoria's Soshanguve township, has in fact attended 28 matches in all 10 host stadiums. The Spain-Chile match was the 21st full 90-minutes he's attended, as he's been late to others because of his hectic travel schedule.

As there was no previous record for World Cup match attendance, Guinness World Records determined that Ngcobo would have to attend more than 20 matches to hold the record. It is yet to be determined if his achievement will be published in the annual Guinness World Records.

Competition winner

Ngcobo got his chance at world record glory in 2009 by winning won a competition organised by mobile-phone operator MTN, an official sponsor of the 2010 Fifa World Cup. Dubbed the Last Fan Standing competition, Ngcobo won 38 tickets to watch the 2010 Fifa World Cup matches live at stadiums.

The Kaizer Chiefs' fan has been attending at least two matches a day since the tournament started on 11 June, having to travel long distances to get from stadium to stadium, often by plane.

According to MTN, Ngcobo has so far travelled more than 7 500 kilometres by car and over 7 000 kilometres by plane.

"I've not had much sleep," he said. "It's been hectic, but I'm proud of myself."

And he hasn't been home since the tournament kicked off. "I'll only be home after the World Cup."

But it's all been worth it, as he'd had the opportunity of a lifetime to watch some of the world's greatest football players in his home country. It's been fantastic, he said, to see the likes of Wayne Rooney, Ronaldo and Lionel Messi.

'I am always at the stadium'

Before he won the MTN competition, Ngcobo had budgeted to buy tickets for at least 10 World Cup matches. "I'm always at the stadium," he said. He's a serious fan of both Soweto club Kaizer Chiefs and Bafana Bafana, the national squad, attending matches whenever either team plays.

The match where Portugal thumbed North Korea 7-0 remains his favourite of the 2010 tournament. "There was a time it felt like I was watching highlights of a match, with a goal coming in after a goal," he said.

Despite already bagging the record, Ngcobo is far from finished. "I aim to attend at least 30 games, so that a new challenger would struggle to break that record," he reckoned.

So Ngcobo has a lot more great football to enjoy, all the way to Soccer City in Johannesburg on 11 July for the 2010 Fifa World Cup final.

First published by MediaClubSouthAfrica.com – get free high-resolution photos and professional feature articles from Brand South Africa's media service.

Print this page Send this article to a friend

Football fan Bongani Ngcobo set a world record for the most Fifa World Cup matches attended by an individual at one finals (Photo: Last Fan Standing)

Play for Team SA on Football Fridays!

Football Fridays!

Ayoba, South Africa – always play for Team SA! .

Image library: 2010 Fifa World Cup

2010 image library

Free photos of 2010 stadiums, fans, teams, celebrations.

South Africa photo galleries

Gallery: People of South Africa

The Rainbow Nation

South Africa is a culturally diverse country, one nation made up of many peoples.

Category : BOC Publications | World Cup Africa 2010
30
June

Chris Thurman

Acclaimed theatre-maker and director Brett Bailey has no interest in sport, he tells me, and while the 2010 Fifa World Cup is under way in South Africa he'll be taking a break in the Himalayas. "My first holiday in many years."

Nonetheless, it is no coincidence that the Market Theatre in Johannesburg is hosting his latest show, House of the Holy Afro, from 11 June to 11 July, from kick-off to the final whistle of the tournament.

The Market, like most arts institutions across the country, wants to use the World Cup to showcase South Africa and Africa's artistic talent to the thousands of overseas visitors – and attract local audiences looking for something more than footie.

MediaClubSouthAfrica
Free high-resolution photos and professional feature articles from Brand South Africa's media service.
But Bailey warns against the production of "commercial fodder" to meet the appetite for host country arts and culture – as, he feels, happened in Germany in 2006. Certainly, his own contribution differs markedly from the productions other theatres are showing during the World Cup. But that is no surprise: Bailey's work tends to go against the grain.

Blood Diamonds

At last year's National Arts Festival in the Eastern Cape university town of Grahamstown, his provocative site-specific performance/installation piece Blood Diamonds shocked many with its explicit critique of affluent white South Africans literally or metaphorically descended from the 1820 British settlers.

Bailey used to live in Grahamstown, but never liked it: "It's dead quiet without the students, and during university terms it always seemed to me to be populated by privileged white kids from the Natal Midlands." This discomfort lead him to research the Eastern Cape's frontier history, during which Britain established dominance over Xhosa, Griqua and Boer alike.

In Bailey's view, the ongoing racial and economic divisions visible in cities like Grahamstown can be traced directly to the "colonising buffer" the settlers were imported from Britain to create.

"Somehow, in the popular consciousness of white South Africa," he wrote in the Blood Diamonds director's note, "the 1820 settlers have managed to retain a butter-wouldn't-melt-in-the-mouth innocence. As if they were any less rapacious, opportunistic, violent and bigoted than other 'civilizers' ... In Grahamstown the faces of black poverty and white wealth gaze at each other from opposing banks of a stinking stream as they have done for close on 200 years. The city starkly illustrates an elemental fracture in the South African soul."

Much of Bailey's work examines this fracture. In Ipi Zombi, iMumbo Jumbo and The Prophet – published collectively in 2003 as The Plays of Miracle and Wonder – he challenged "the Valium called political correctness" and "Western bigotry which denies other world-views" by affirming pointedly irrational aspects of African culture, including witchcraft, ghosts and prophecies.

Challenging 'Afro-Disney'

Yet he also undermines attempts to essentialise Africa. The House of the Holy Afro is billed as "Afro-kitsch", conflating spiritual melodies from both gospel songs and shamanistic ceremonies with driving housebeats and the over-the-top club poetry of cross-dressing performer Odidi Mfenyana. While the show may seem to represent South Africa and Africa in front of a global audience – it has already toured widely in Europe – it is a complex, perhaps even subversive, representation.

Bailey strongly resists the images of "foot-stomping, happy natives" that various internationally successful South African musicals have sold to audiences, images that don't disturb people or push their buttons, but instead reinscribe the "folkloric picture of South Africa that we export to the globe".

This is what Bailey calls "Afro-Disney", a safe, sanitised Africa that has its negative twin in the association of Africa with war and poverty. He feels that they are two sides of the same coin, the result of mediated perceptions of Africa – and the cause, in turn, of "hyper-politically correct" responses to some of his work, such as Big Dada, which explored the rise and fall of Ugandan dictator Idi Amin.

Bailey does not wish to glorify Africa, but to be self-critical. At the same time, he does not see his job as an artist as trying to solve problems. Rather, he aims to "make people aware of the sub-strata" and to "scratch beneath the surface, to find out what has been hidden". This extends to work he produces primarily for European audiences, such as his recent Exhibit A, an indictment of German colonialism in Namibia when that country was called South West Africa.

Despite this desire to get Europeans to admit culpability in Africa, Bailey has identified the archetypal power of ancient European mythology – his Orfeus and Medeia, for example, made use of Greek myths as "clean, simple stories that have been in the human repertoire for so long that they have universal applicability".

The rhythm, dancing, melody and spectacle of House of the Holy Afro no doubt also have global appeal. Theatre critic and scholar Daniel Larlham says Bailey's work seems to be "split into two distinct currents: the dark theatrical strain and a strain of flashy entertainment". House of the Holy Afro fits into the latter category – Bailey himself describes it as a party: "This show celebrates the jol."

During the World Cup, Johannesburg locals and international visitors alike will be in festive mood and inclined to appreciate the nightclub atmosphere that is House of the Holy Afro. But audiences should bear in mind that dark theatrical strain if they really want to appreciate the artistry of Brett Bailey.

First published by MediaClubSouthAfrica.com – get free high-resolution photos and professional feature articles from Brand South Africa's media service.

Print this page Send this article to a friend

Acclaimed theatre-maker Brett Bailey's House of the Holy Afro presents an over-the-top, flamboyant nightclub performance underlain with a complex, subversive 'dark theatrical strain' (Image: Third World Bunfight)

Art, dance, literature, theatre - all the facets of our rich cultural kaleidoscope.

One country, many peoples. Our photo gallery celebrates the diversity of the "rainbow nation" of Africa.

Category : BOC Publications | World Cup Africa 2010
30
June

South African National Police Commissioner Bheki Cele is committed to making sure that the 2010 Fifa World Cup™ continues to be a safe one as the tournament enters the final phases.

"This is a demanding but intriguing period in the history of this country," Cele said this week. "And undoubtedly up to now, actions are speaking louder than words. Our success can be attributed to the security plan that is now proving to be a winning one."

While many teams have been sent home, there are still plenty of fans routing for their team, with many more arriving on a daily basis.

"With numbers increasing as we are approaching the end of tournament. This leaves us with a mammoth task until the final whistle," Cele said.

Since the beginning of the tournament a Joint Operational Committee has been meeting on a daily basis to ensure that security measures are adequately deployed.

With a staff complement of over 44 000 police members dedicated to the tournament, support from the South African Defence Force, Interpol and respective competing nation's police services, the host nation has taken security seriously.

"There are 225 foreign police officials based here in Pretoria," said Cele. "They are here in an advisory capacity to assist South African security agencies to have a better understanding of how fans from various countries behave."

There have been a few minor incidents, which can be expected during a massive gathering of people such as the Fifa Word Cup™. However, the South African police have dealt with these efficiently. "World Cup security and normal policing are equally important, hence none was compromised," said Cele. "Instead, our men and woman in blue went beyond the call of duty."

The rate of investigations, arrests and prosecutions around tournament incidents has been increased, and Cele feels that this improved service will continue long after the tournament is over.

"The money, the training and the methodology are going to stay with the South African Police Service. We are now capable of continuing at this same pace after the World Cup. We must keep this momentum up for the benefit of the country.

"We are going to work hard for the last 10 matches," Cele said. "We have re-committed ourselves to carry out our duties with diligence and pride, this we owe to South Africa, the African continent and the world."

Source: 2010 Fifa World Cup South Africa Organising Committee

Print this page Send this article to a friend

South African National Police Commissioner Bheki Cele (Photo: The Presidency)

Keep playing for Team SA!

Football Fridays!

Ayoba, South Africa – always play for Team SA!

Category : BOC Publications | World Cup Africa 2010
29
June

Influenza affects millions and kills hundreds of thousands of people every year, but early detection can help health officials respond quickly and save lives. Now, internet giant Google has joined the fight with the South Africa launch of Flu Trends, a tool for gauging the level of flu activity in a country in near real-time.

"A few years ago, a small team of Google engineers began to think about what patterns in aggregated Google search queries might tell us about the world around us," Google Flu Trends project manager Corrie Conrad said in the company's Africa blog this week.

"They wondered whether these patterns could tell us, for instance, about the rise and fall in flu activity over time."

Real-time activity monitor

Google Flu Trends, launched in the US in November 2008, proved to be a powerful tool for accurately estimating the level of flu activity in a country in near real-time.

The tool was expanded to include much of Europe ahead of the winter flu season last year, while this year they are launching it in eight additional countries in the southern hemisphere, where winter has now set in.

"Being able to track increases in flu activity has proved to be a valuable resource to public health officials, doctors, health ministries, and regular people, and can help us all respond more quickly to flu outbreaks," said Conrad.

South Africa is the first African country to be added to the tool, which compares Google's data with data provided in the public domain through the National Institute for Communicable Diseases (NICD), a division of the National Health Laboratory Service.

"Many health agencies already survey doctors and patients to track the flu, so you might ask, why bother with estimates from aggregated search queries? Traditional flu surveillance is very important, but most health agencies focus on a single country or region and only update their estimates once per week, often with a lag-time of weeks," said Conrad.

Daily updates

Google Flu Trends is currently available for a number of countries around the world and is updated every day, providing a complement to these existing systems.

For epidemiologists, this is an exciting development, because early detection of a disease outbreak can reduce the number of people affected. If a new strain of influenza virus emerges under certain conditions, a pandemic could ensue with the potential to cause millions of deaths – as happened, for example, in 1918.

"Our up-to-date influenza estimates may enable public health officials and health professionals to better respond to seasonal epidemics and pandemics," said Conrad.

"Google Flu Trends is one example of how people's searches can be a reflection of what's happening in a country, and can provide a key to responding to threats to public health."

SAinfo reporter

Would you like to use this article in your publication or on your website? See: Using SAinfo material

Print this page Send this article to a friend

Google Flu Trends is a powerful online real-time tool used to track flu activity in several countries across the world (Image: Google Flu Trends)

From satellites to open source, from Antarctica to the Southern African Large Telescope ... news, features and info on science and technology in South Africa.

SA is becoming known for smart thinking. Find out how we're pushing thinking further out of the box.

Category : BOC Publications | World Cup Africa 2010
29
June

Football body Fifa says it is on track to roll out 20 Football for Hope centres across Africa after the 2010 Fifa World Cup. The ambitious project is one of the major legacies Fifa wants to leave after staging the first World Cup on the continent.

The Football for Hope centres will feature football mini-pitches along with classrooms and health care facilities, providing young people with access to counselling, health and educational services.

"We are definitely on track and we want to complete the centres by 2012," Fifa's Henry Nasale, director of the 20 Centres for 2010 project, told a media briefing in Johannesburg on Monday. "In fact, work on three of the centres will start in Nairobi and Kenya in the next three weeks.

"We are receiving a lot of support from the governments and local communities, so our work is progressing and people will be seeing these legacy centres very soon."

Five of the centres will be built in South Africa, and one is already operational in Khayelitsha, Cape Town, where it serves as a vehicle to promote education, health and community development in the fast-growing township.

Nasale said each centre was designed in close collaboration with the community to ensure that the infrastructure was consistent with local needs.

Football-based activities are used at the centres to provide an out-of-school learning experience for young people.

Former Bafana Bafana Captain Lucas Radebe, who lent his name for the campaign, said football should go beyond the pitch. "I think the time has come that football makes an impact in the lives of people. Many of us have become role models through football, and many kids are looking up to us, so it only makes sense that we are involved in some kind of community development.

"The centres are emphasising what we refer to as the power of football, because with this game you can do anything, and what better way to use the power of the sport than investing in community upliftment," Radebe said.

Radebe will be traveling around the continent helping Fifa to set up the centres.

Fifa's six official partners – Adidas, Coca-Cola, Emirates, Hyundai, Sony and Visa – last year committed to contributing US$500 for each goal scored during the more than 800 World Cup qualifying matches, amounting to a donation of over $1-million.

Source: BuaNews

Print this page Send this article to a friend

Play Soccer runs a football and life skills programme for local youngsters at the Football for Hope Festival 2010 site in Alexandra, Johannesburg in September 2009 (Photo: 2010 Fifa World Cup South Africa Organising Committee)

Keep playing for Team SA!

Football Fridays!

Ayoba, South Africa – always play for Team SA!

Category : BOC Publications | World Cup Africa 2010
29
June

Cape Town's three-kilometre Fan Mile from the city centre to the majestic Green Point Stadium has become a hit with international fans, offering a fusion of cultures, a melting pot of different nationalities, and a place for supporters to congregate en route to the stadium.

Last Thursday, a record 72 910 people were on the Fan Walk. On Tuesday, Cape Town will look to set a new benchmark when European champions Spain take on Portugal in a highly anticipated round of 16 contest that will attract thousands more football lovers to the Mother City.

Cape Town can be cold and wet in winter, yet the city has found innovative ways to entice fans.

Supporters travel in droves from the city centre, meandering along the breath-taking V&A Waterfront as they make their way to Green Point. This 20-minute route is popular not only for the landmarks along the route, but because of the wonderful atmosphere fans are experiencing.

At the final group match in Cape Town, the Netherlands' "Orange Army" mixed with Cameroon's equally brightly-clothed fans to create a colourful montage on the Fan Walk. And Fifa.com took the opportunity speak to a number of fans about their experience here.

Dutchman Cornie Jansen, who had only landed in South Africa a few hours beforehand, hailed the "unbelievable" atmosphere. He said: "To be honest, I didn't expect something like this here in Cape Town. A friend of mine suggested we take the Fan Walk, and it turned out to be a brilliant experience.

"I met so many other fans from back home," Jansen said. "The most important thing is, we all share the same goals, we all want Netherlands to win the World Cup. In my first few hours in Cape Town, I have fallen in love with this city."

Another Netherlands fan, Roel de Jonge, has been following Bert van Marwijk's team around the country along with his friend Antoine Pruijssers. He said: "I have been to Durban and Johannesburg, but I have to say that Cape Town stands out. Of course I'm told that in the last few days the weather has been bad, but today, it's perfect.

"Today, I walked more than three kilometres to the stadium, and the experience was among my best football memory – the people here are extremely friendly, the city is beautiful," De Jonge said.

"I'm sure a lot of people, including myself, have been surprised by what they have seen in South Africa so far, it's been an awesome experience on and off the field."

City of Cape Town spokesperson Pieter Cronje said: "The fears have been allayed and positive media coverage has spread a confident and optimistic message to audiences across the globe.

"The city is also seeing that an increasing number of people are coming to the public areas to experience the World Cup and to be part of the festivities on match days, even though they do not have tickets for the games," Cronje said. "The Fan Walk in particular has proven extremely popular, even with non-ticket holders and has become an integral part of the World Cup in Cape Town."

The Fifa Fan Fest™ on Cape Town's Grand Parade has hosted more than 234 000 people.

The V&A Waterfront is enjoying trading similar to summer peak-season levels, and is reporting daily visits of between 150 000 and 160 000 people, according to the city's statistics.

After Spain-Portugal on Tuesday, the Green Point Stadium will also stage the quarter-final match between Argentina and Germany on Saturday, and a semi-final on 6 July.

Source: Fifa.com

Print this page Send this article to a friend

Fans pack out the official Fifa Fan Fest™ at Cape Town's Grand Parade (Photo: 2010 Fifa World Cup South Africa Organising Committee)

Category : BOC Publications | World Cup Africa 2010
29
June

The African Development Bank (AfDB) has approved a senior loan of up to US$400-million (over R3-billion) to logistics and transport parastatal Transnet.

In a statement on Friday, the AfDB said the loan would contribute to the financing of Transnet's five year R93.4-billion capital investment programme.

Reduce costs, improve competitiveness

According to the AfDB, the programme would allow the parastatal to "revitalise and expand vital rail infrastructure."

By increasing capital investments, recapitalisation and the rehabilitation of key freight and logistics equipment and infrastructure, Transnet would contribute to reducing the cost of doing business in South Africa to internationally competitive proportions, the AfDB added.

This would stimulate trade, boost sustainable economic growth, and facilitate regional integration.

"It also aims to support local suppliers and increase their competitiveness."

Creating capacity

The AfDB said the loan would go towards the financing of Transnet Rail's capitalised maintenance plan, which formed part of the investment programme.

"The programme addresses South Africa's freight logistics strategy of creating capacity ahead of demand through improvements to freight transportation infrastructure."

The successful turnaround of the company laid the foundation for the current growth strategy with an overarching theme of improvement in customer service, volume growth and provision of capacity.

"It is expected that the scope, integration, and reliability of infrastructure coverage and services will greatly improve as a result of the investment programme with significant increase in operational efficiency and productivity in all of Transnet's business areas."

Expanding regional footprint

The AfDB said it looked forward to Transnet increasing its regional footprint.

"The project is well-aligned to South Africa's national priorities and the Bank's country assistance, regional integration, and the private sector strategies."

The AfDB added that its participation Transnet's investment programme would provide direct support for infrastructure development, which was a key focal area for the institution.

"By improving the South African transportation network, regional trade and integration will be facilitated."

Sapa

Print this page Send this article to a friend

A freight train makes its way across the South African countryside (Photo: Transnet Freight Rail)

DOING BUSINESS WITH SA

Opportunities, incentives, regulations, assistance.

Infrastructure, key sectors, policies, development.

Exporting, importing, trade relations, assistance.

Black empowerment, innovations, new business.

SA companies and products making their mark globally.

Category : BOC Publications | World Cup Africa 2010
29
June

Migration into South Africa in June increased 32% compared to the same month last year, due to the 2010 Fifa World Cup™, the Department of Home Affairs said on Friday.

"What we have noted is that there has been a high spike. There has been an upsurge in the number of foreigners and it can only be attributed to the World Cup," spokesman Ronnie Mamoepa said in a statement.

A total of 744 520 foreign nationals had travelled to South Africa since the beginning of June.

"The top five nationalities entering the country remains SADC (SA Development Community) states of Lesotho, Zimbabwe, Mozambique, Swaziland and Botswana."

This was followed by Britain, the United States, Germany, Australia, Mexico Brazil, France, the Netherlands, Zambia and Argentina. With the exception of Zambia, all of these countries had teams competing in the World Cup.

Home affairs also noted 13 638 violations of immigration rules since the beginning of June. This included people overstaying their visas, abusing the temporary residence permit and passports flagged as lost or stolen.

Mamoepa said 140 people had been stopped from boarding planes headed to South Africa because their passports and visas were flagged beforehand.

Sapa

Print this page Send this article to a friend

South African football fans watch Bafana Bafana take on Japan in an international friendly at the Nelson Mandela Bay Stadium, Port Elizabeth, November 2009 (Photo: 2010 Fifa World Cup South Africa Organising Committee)

DOING BUSINESS WITH SA

Opportunities, incentives, regulations, assistance.

Infrastructure, key sectors, policies, development.

Exporting, importing, trade relations, assistance.

Black empowerment, innovations, new business.

SA companies and products making their mark globally.

Category : BOC Publications | World Cup Africa 2010

Traders Now Online


There are 961 live traders on our liteforex platform

Subscribe

Subsribe via RSS Feed Reader

BuaNews Business centre change conference country Development economy event fifa world cup forex government Group industry jacob zuma Johannesburg Monday number percent Photo place power Pretoria province reporter role SAinfo sa news sector south africa south africa news South Africans support team technical Technology Thursday time victory Wednesday work World year za news zuma

Forex Marketing by TOTAL SEO MARKETING and SEO'd by CYCO SEO Service