Source: The Department of Trade and Industry, South Africa |

the dti to lead a trade and investment mission to Kenya and Tanzania

The sectors targeted for the mission are agriculture and agro-processing, chemicals, plastic and pharmaceuticals, infrastructure, built environment professional services, electro-technical, steel fabrication, steel tubing, mining and capital equipment

The Department of Trade and Industry (the dti) will lead a delegation of nineteen South African companies on a Trade and Investment Mission (TIM) scheduled to take place in Kenya and Tanzania from 21 – 25 May 2018. The objective of the TIM is to deliver on the dti’s investment-led…

Source: United Nations High Commissioner for Refugees (UNHCR) |

United Nations High Commissioner for Refugees (UNHCR) suspends resettlement programme from Sudan as fraud probe gathers steam

Resettlement is one of the three main solutions for refugees and applies to vulnerable people for whom there is no possibility of either voluntary return or local integration

UNHCR, the UN Refugee Agency, is temporarily suspending its refugee resettlement programme from Sudan in connection with two ongoing investigations launched in February and March by the organization’s independent Inspector General’s Office. A separate anti-fraud and integrity support mission is expected to deploy shortly. “At present we are still dealing…

Source: Ecobank |

Pan-African Bank Ecobank Wins Best Digital Strategy Award

Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise in Africa

Ecobank (www.Ecobank.com) won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services…

Source: Republic of South Africa: The Parliament |

South Africa: National Treasury must strengthen intervention mechanisms

While amendments to the Act would be ideal, the committee reiterates that it does not in any way advocate for the National Treasury to appropriate the power and authority of departmental accounting officers

The Portfolio Committee on Water and Sanitation has urged the National Treasury to strengthen its intervention measures in departments facing governance and financial management challenges. The committee said this could be done by amending the Public Finance Management Act to empower the National Treasury to intervene before departments reach crisis…

Source: Republic of South Africa: The Parliament |

South Africa: Stakeholders call for enhanced oversight over municipal spending and public participation in budget process

In its presentation, Abahlali baseMjondolo said that monitoring and evaluation should focus on the activities of municipal councillors who interact with local communities

Stakeholder inputs received by the Standing Committee on Appropriations yesterday maintained that oversight over the spending of municipalities should be increased. The Standing Committee on Appropriations was briefed by various stakeholders, including the Congress of South African Trade Unions, the Social Justice Coalition (SJC), the National Youth Development Agency and…

Source: Republic of South Africa: Department of International Relations and Cooperation |

South Africa: Remarks by L N Sisulu, Minister of International Relations and Cooperation, on the occasion of the post-budget vote breakfast, 16 May 2018, Cape town International Convention centre

Programme director; Deputy Minister Mhaule; Members of the Diplomatic Corps; Our Former Ambassadors present; Director-General and Senior Officials of DIRCO; All invited guests; Members of the media; Ladies and gentlemen; We meet this morning as partners involved, one way or the other, in creating and sustaining South Africa’s relations with…

Source: EU Delegation to Kenya |

Kenya: European Union signs one million euro grant to support the Makueni Fruit Processing Plant

Fifteen counties (Baringo, Kisii, Kisumu, Kwale, Laikipia, Makueni, Marsabit, Migori, Nyandarua, Samburu, Taita Taveta, Tana River, Uasin Gishu, Wajir and West Pokot) were invited to develop proposals of their choice and receive a grant of up to 1 Million Euros

The European Union confirmed its support towards strengthening and realisation of devolution in Kenya through the signing of a 1 million-Euro (Ksh 120,000,000 million) grant towards the Mango and fruit processing plant for Makueni County, the first county to benefit from an investment grant under the Instrument for Devolution Advice…

Source: Embassy of the Kingdom of Morocco in Japan |

Morocco: Min. El Ferdaous, Secretary of State for Investment visited Japan

Min. El Ferdaous also visted Gifu to attend the Moroccan Night and business seminar, on the occasion of the rose festival at the Moroccan Garden in Gifu Hana Festa Park

Min. Othman El Ferdaous, Secretary of State for Investment visited Japan to promote investment from Japan to Morocco. Min. El Ferdaous met with Mr. Manabu Horii, Parliamentary Vice Minister for Foreign Affairs, Mr. Kozaburo Nishime, State Minister of Economy, Trade and Industry, participated in cooperative meeting at JETRO, gave lecture…

Source: U.S. Embassy in Mozambique |

United States Supports Increased Trade with Mozambique through the African Growth and Opportunity Act (AGOA)

Although AGOA was enacted in the year 2000, only $1 million of the $100 million of Mozambican exports into the United States take advantage of AGOA’s duty free access

The Ministry of Industry and Commerce launched today Mozambique’s AGOA Utilization Strategy.  Designed to increase trade and economic growth throughout Africa, the Strategy will help ensure Mozambican businesses are better positioned to use AGOA for duty free access to the U.S. market for more than 6,500 products. Although AGOA was…

Source: The Department of Trade and Industry, South Africa |

South Africa: Minister Davies and Deputy Minister Magwanishe to brief media on the dti 2018/19 budget vote

The briefing will also focus on issues that will be covered in the speeches that Minister Davies and Deputy Minister Magwanishe will deliver later in the National Assembly

The Minister of Trade and Industry, Dr Rob Davies and Deputy Minister, Mr Bulelani Magwanishe will hold a pre-Budget Vote media briefing that will highlight the achievements of the Department of Trade and Industry (the dti). The briefing will also focus on issues that will be covered in the speeches…