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Business - Page 69

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Business

Ivilitex: Revolutionizing the South African Textile Industry

by Emma Botha
September 29, 2023

Ivilitex is a new clothing and textile manufacturing facility in Epping, South Africa that aims to increase locally produced apparel from 44% to 65% by 2030. Equipped with advanced technology, the factory can produce a pair of jeans in under 13 minutes with minimal environmental impact. The company’s focus on local production and technological innovations serves as a beacon of hope for the South African textile industry, creating new opportunities for economic growth and job creation.

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Enhancing Bilateral Ties: Political Consultations between South Africa and Tunisia

by Thabo Sebata
September 29, 2023

South Africa and Tunisia will hold political consultations to assess and improve their bilateral relations. The meeting will focus on economic collaboration, security, healthcare, and science and technology. The two countries hope to strengthen their diplomatic ties through an institutionalized agreement and potentially create a positive impact on the African continent.

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BRICS Infrastructure Investment Symposium: A Catalyst for Sustainable Development

by Liam Fortuin
September 28, 2023

The BRICS Infrastructure Investment Symposium is a platform for collaboration among Brazil, Russia, India, China, and South Africa to address the $94 trillion infrastructure financing gap and achieve the Sustainable Development Goals by 2040. The Symposium emphasizes the importance of cooperation, innovation, and sustainability to narrow the financing gap and support shared growth and development. By fostering effective partnerships, BRICS nations can accelerate the implementation of their ambitious infrastructure plans and contribute to a more prosperous, sustainable, and inclusive future.

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Honoring ICT SMME Certification During the 2023 Corrections Week with Deputy Minister Nkosi Phathekile Holomisa

by Lerato Mokena
September 27, 2023

Deputy Minister Nkosi Phathekile Holomisa gave an inspiring speech at the ICT SMME Certification Ceremony during the 2023 Corrections Week. Holomisa emphasized the importance of human rights and the responsibility of the Department of Correctional Services (DCS) to create a just and secure South Africa. Community Corrections plays a vital role in aiding the acceptance and social reintegration of offenders, and the DCS needs to reinforce partnerships to accomplish its objectives. The collaborative efforts of stakeholders are necessary to prepare inmates for life after release and create a safer and more just South Africa.

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Honoring World Tourism Day with a Tourist Guide Graduation in Langa

by Amanda Wilson
September 27, 2023

The Western Cape’s tourism and hospitality sector has immense potential, with the province aiming to double the number of visitors by 2035, and skilled tourist guides play a vital role in realizing this vision. The Western Cape celebrated World Tourism Day with the graduation of 38 tourist guides in Langa, Cape Town. The graduates, representing diverse communities, completed a course sponsored by the Department of Economic Development and Tourism and the City of Cape Town, becoming Culture, Arts, Tourism, Hospitality, and Sport Sector Education and Training Authority accredited tourist guides with a specialization in cultural sites.

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The Ninth BRICS Parliamentary Forum: Striving for a Fair Global System

by Zola Naidoo
September 27, 2023

The Ninth BRICS Parliamentary Forum, held in Johannesburg, South Africa, is working towards creating a fair and just global system. With its expansion to include six new members, the intergovernmental organization aims to address issues such as UN’s role in international matters, economic globalization, peace and security, and collaboration in various fields. The forum’s potential to initiate change on an unparalleled scale has been recognized, and its parliamentarians must utilize the power of legislation to create a fair world where everyone has the opportunity to prosper. The forum must be ready to manage and resolve disputes and challenges that emerge from conflicting interests, tackle the intricate challenges of development, and ensure gender equality and economic empowerment while working towards achieving the African Continental Free Trade Area.

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Ivilitex: Pioneering a High-Tech Future for Cape Town’s Clothing and Textile Sector

by Zola Naidoo
September 27, 2023

Ivilitex is a new clothing and textile manufacturing facility in Cape Town that aims to increase the share of locally produced apparel from 44% to 65% by 2030. The facility employs stateoftheart technology that streamlines the manufacturing and washing of garments while reducing environmental impact. With plans to produce 1,500 units daily and 33,000 units monthly, Ivilitex’s hightech approach to manufacturing heralds a new phase in the evolution of the local clothing and textile sector.

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Fostering Economic Growth and Skills for South African Youth

by Sizwe Dlamini
September 27, 2023

The South African Youth Economic Council recently hosted a gala dinner to discuss how to combat youth unemployment and encourage economic growth in the country. Deputy President Paul Mashatile emphasized the importance of investing in education and skill development for youth, particularly in industries such as mining, renewable energy, and technology. He also promoted entrepreneurship, the expansion of SMEs, and bridging the educationemployment gap through practical skills training and accessible financial institutions. The government and private sector must work collaboratively to empower the youth and create a prosperous future for South Africa.

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A Revolutionary Approach to Employment and Labor: The BRICS Productivity Ecosystem for Decent Work

by Isabella Schmidt
September 27, 2023

South Africa’s Department of Employment and Labour has proposed the BRICS Productivity Ecosystem for Decent Work Platform, which has been unanimously approved by all member nations. The platform aims to stimulate economic growth, sustainability, and job creation by encouraging cooperation and the exchange of knowledge among its member countries. The ecosystem embodies a dedication to social justice and fairness, recognizing the significance of decent work, dignity, and respect for all as integral components of sustainable development. The success of this ambitious initiative hinges on the mutual commitment and active involvement of all participating countries.

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South Africa Takes Center Stage in BRICS Employment and Labour Discussions

by Sarah Kendricks
September 27, 2023

South Africa is hosting the BRICS Employment Working Group (EWG) and the Labour and Employment Ministers’ Meeting (LEMM) in Durban from September 25 to 29, 2023. BRICS is an alliance of Brazil, Russia, India, China, and South Africa. The meeting will focus on discussing employment and laborrelated matters, innovative approaches to address the challenges, and enhancing cooperation among the countries. South Africa’s involvement in the BRICS EWG and LEMM demonstrates its commitment to cultivating a strong and inclusive labor market and engaging in meaningful dialogue and collaboration with international counterparts.

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Advancing US-Sub-Saharan Africa Trade and Investment at the 20th AGOA Forum

by Isabella Schmidt
September 27, 2023

The 20th USsubSaharan Africa Trade and Economic Cooperation Forum is set to take place in Johannesburg from November 24, 2023. The forum will bring together representatives to discuss strategies for enhancing trade and investment between the US and subSaharan Africa, and promote economic growth and development. The African Growth and Opportunity Act (AGOA) will also play a critical role in spurring economic growth and fostering reform, as it provides dutyfree access to the US market for over 1,800 products from eligible subSaharan African countries. The event will also feature a ‘Made in Africa Exhibition,’ showcasing regional value chains on the continent.

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The BRICS Employment Working Group: A Lifeline for Debt-Burdened Workers

by Isabella Schmidt
September 26, 2023

As the global economic landscape continues to shift, the BRICS coalition (Brazil, Russia, India, China, and South Africa) has stepped up to address the challenges faced by workers. Siboniso Duma, the MEC for Economic Development, Tourism, and Environmental Affairs, has urged labor experts, senior government officials, and delegates at the BRICS Employment Working Group to adopt a resolution outlining a clear action plan to reduce the debt burden plaguing numerous workers.

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The Artisan Programme: Empowering a New Generation of South African Youth

by Michael Jameson
September 26, 2023

At a recent event in Cape Town, Deputy Minister of Higher Education, Science, and Innovation, Mr. Buti Manamela, addressed high school learners about the Decade of the Artisan advocacy campaign. This ambitious initiative is designed to promote artisanship as a crucial career choice in the modern world and spur South Africa’s economic growth.

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MEC Siboniso Duma and the BRICS Employment Working Group

by Chloe de Kock
September 26, 2023

The BRICS Employment Working Group (EWG) has been instrumental in tackling labor market obstacles and endorsing decent work in the fastgrowing economies of Brazil, Russia, India, China, and South Africa. This cooperative platform has spurred significant discussions around crucial matters such as economic recovery, job generation, and skill enhancement. The COVID19 pandemic has exacerbated these issues, leading to renewed commitment from EWG members to collaborate for sustainable development.

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Pioneering Partnership: ABSA and UIF Revolutionize Unemployment Benefits Access

by Chloe de Kock
September 26, 2023

In an effort to enhance the lives of communities, ABSA and the Unemployment Insurance Fund (UIF) have joined forces to launch a groundbreaking solution that simplifies the process of claiming unemployment benefits. By offering prefilled UIF UI2.8 unemployment forms at ABSA ATMs, this collaboration aims to decrease travel and time expenses for jobless customers.

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The Crucial Importance of Seasonal Lifeguards in Cape Town

by Zola Naidoo
September 26, 2023

In the vibrant city of Cape Town, the Recreation and Parks Department bears the responsibility of ensuring safety and leisure for both locals and tourists. A crucial part of this duty involves safeguarding beachgoers and swimmers during the festive season. To address this urgent requirement, the department has recently initiated a second round of lifeguard recruitment applications, aiming to fill open positions for both swimming pool and beach lifeguards.

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  • Renewing the Mozambique-South Africa Partnership: Highlights from the 4th Bi-National Commission
  • Deepening South Africa-Mozambique Ties: Progress and Prospects from the Fourth Bi-National Commission

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