South African FDI Projects Leading Africa

SOUTH Africa was the best performing country in terms of foreign direct investment projects in Africa last year, says the ft.com’s foreign direct investment (fDi) Intelligence report.

 The report released this morning (14 May 2012) said the number of FDI projects in the Middle Eastand Africa grew by 16% in 2011. It placed South African companies in the second spot as the most active in investing overseas.

 However, SA was a leading country in the continent for job creation with a 57% increase in project numbers, 87% growth in capital investment, and a 28% rise in jobs created.

Posted in Newsletters | Leave a comment

SANEF statement on World Press Freedom Day

On World Press Freedom Day we celebrate the role of the newsmedia around the world in sustaining democracy, fighting tyranny and enriching public life. We also remind ourselves of the many ways in which that role is imperiled.

 South Africa remains a beacon of press freedom on the African continent, but that status has come under real threat from new legislative proposals and from hostile political rhetoric, and from the conduct of some senior state officials; our pride must be tempered by vigilance.

Posted in Media Statements | Leave a comment

Self-regulation proposals triumph over mooted statutory control of newspapers

A report released by the Press Freedom Commission on Wednesday, 25 April 2012, has given the strongest indication yet that self-regulation of the print media in South Africa is more desirable than statutory control of them.
 
The South African National Editors Forum (SANEF) and Print Media South Africa (PMSA) mandated the Press Freedom Commission to independently carry out research and come up with recommendations on the ideal regulatory framework for print media in South Africa. This was done in response to the ruling African National Congress’ (ANC) proposed Media Appeals Tribunal (MAT), which sought to establish a framework for political oversight of the media.

Posted in Media Statements | Leave a comment

Unlocking Economic Potential of Small Towns

HOPEWELL RADEBE

Minister Malusi Gigaba

WHEN the government declared East Londona metropolitan city few years ago, a new district of Amathole was left with twelve small towns to fend for itself without the benefits of large resources from rates and services of affluent communities and businesses.

 The Amathole District Municipality, which is situated within the Eastern Cape Province, between Port Alfred and Port St John’s, and now excludes the city of East London, suddenly had to establish its own identity and seek to find ways to build up revenues to stimulate an and grow its economy.

 Ms Nomasikizi Konza Executive Mayor of Amathole District Municipality addressed an Investor Conference in East London yesterday saying unemployment and poverty characterising the lives of many communities in the Eastern Cape could be drastically reduced if the small towns such Bedford, Alice, Hamburg and Butterworth among others were to collectively achieve a five percent growth by 2014.

Posted in Opinion | Leave a comment