‘Huge potential’ in SA’s agro-processing industry, says DTI.

first_imgSouth Africa’s R49-billion agro-processing sector plays a significant role in terms of job creation and sustainability in the economy, according to the Department of Trade and Industry. (Image: Department of Trade and Industry)Brand South Africa reporterSo says Trade and Industry Minister Rob Davies during a meeting with CEOs and representatives of the country’s food processing industry in Cape Town on the weekend.Davies said that, since the 2008-09 global financial crisis, food processing had grown by over 2% more than South Africa’s manufacturing sector as a whole.“Despite the continued ripple-effect of the 2008 economic meltdown, food processing continues to be resilient and is one the largest manufacturing sectors by employment – with an estimate of 207 893 jobs in the third quarter of 2013 – against a backdrop of job losses in other parts of the sector.“It is also significant in value-addition terms, contributing a significant composition of total manufacturing value-added.”Davies said the government’s New Growth Path (NGP) and National Development plan (NDP) had both identified agro-processing as a sector with high growth potential, despite the challenges of imports competition, loss of market, and the unstable currency and exchange rate.“South Africa’s agro-processing sector has the potential to become an industrial impetus that can create jobs and answer some of the country’s macro-economic questions, such as trade deficit generated by too much imports against low export volumes.“An analysis of our imports points to glaring opportunities in articles such as wheat, soy bean, vegetable oils, read meat, tomato concentrates and industrial starch,” Davies said, adding that the government would “intervene and support the sector where it is necessary to remain competitive and stable”.Davies noted that the government’s Manufacturing Competitiveness Enhancement Programme (MCEP) had identified 564 projects for investment support and approved R1.5-billion for this purpose since its inception in 2012.He added that South Africa was paying particular attention to the issue of food standards for purposes of compliance with the country’s export markets.At the same time, the Department of Trade and Industry was working with the relevant industries and the SA Bureau of Standards to develop voluntary standards, to be followed by compulsory specifications, to protect South African consumers from low-quality and fraudulent imports.Source: Department of Trade and IndustryWould you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Akhmetov knows he’s in for tough challenge vs Eustaquio

first_imgCelebrity chef Gary Rhodes dies at 59 with wife by his side Robredo should’ve resigned as drug czar after lack of trust issue – Panelo “Geje Eustaquio is a good striker with decent takedown defense, and he has a good team behind him. I do not think he has a lot of weaknesses,” Akhmetov praised.Sports Related Videospowered by AdSparcRead Next “My advantage should be my wrestling and ground game, but I am not going to rely only on that. I am willing to test myself against him on the feet, and show what my hands can do,” said Akhmetov.“I envision every possible scenario, from a quick win, to a tough decision where I overcome adversity. Whatever he brings to me, I will be ready for it,” he added.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingAkhmetov hopes to get back into title contention and he has to go through Eustaquio first before earning another shot.The Kazakh knows it won’t be a walk in the park. LATEST STORIES Photo from ONE ChampionshipWhatever the result and however the fight would turnout, former ONE flyweight world champion Kairat Akhmetov said he will be ready for anything.Akhmetov faces tough Filipino Geje Eustaquio in the main event of ONE: Total Victory on Sept. 16 in Jakarta, Indonesia.ADVERTISEMENT Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games NATO’s aging eye in the sky to get a last overhaul Trump signs bills in support of Hong Kong protesters Hotel says PH coach apologized for ‘kikiam for breakfast’ claim How I strived for greatness—and failed—in front of LeBron James Lacson: SEA Games fund put in foundation like ‘Napoles case’ Don’t miss out on the latest news and information. Celebrity chef Gary Rhodes dies at 59 with wife by his side MOST READ Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ View commentslast_img read more

SC extends stay on Apan Jewellers owners bail order

first_imgApan JewellersThe Appellate Division of the Supreme Court on Tuesday extended its earlier order until 8 January that stayed the High Court order granting bail to three owners of Apan Jewellers in three money laundering cases, reports UNB.The owners are Dildar Ahmed, Gulzar Ahmed and Azad Ahmed.A five-member bench, led by acting Chief Justice Abdul Wahhab Miah, passed the order after hearing petition filed by the state.On 21 December the Chamber Judge of the Supreme Court extended its earlier order until 2 January in the money laundering cases.Earlier on 18 December a special bench of the Chamber Judge stayed the bail order of the High Court until 21 December and set today (Thursday) for next hearing of the petitions in the scheduled vacation bench.On 14 December, the High Court granted the bail to the three owners of Apan Jewellers in three money laundering cases.On 22 November last, the HC issued five separate rules in five money laundering cases filed against them.last_img read more

Myanmar president Htin Kyaw resigns

first_imgMyanmar President U Htin KyawMyanmar’s president Htin Kyaw resigned suddenly on Wednesday leaving the country’s de facto leader Aung San Suu Kyi without a close confidant and political ally as she faces rising international opprobrium over the Rakhine crisis.The president, an old school friend of Suu Kyi, served as her proxy in an office she was barred from occupying under Myanmar’s military-drafted constitution.His role was largely ceremonial with Suu Kyi calling the shots within her civilian administration, under the self-appointed title of State Counsellor.But he was nonetheless the country’s head of state and a key domestic ally for Suu Kyi within her party.Myanmar’s vice president Myint Swe, a retired general close to the former junta leader Than Shwe, will temporarily move into the role until a new president is in place, according to the constitution.Observers say this will likely make some inside Suu Kyi’s ruling National League for Democracy (NLD) party queasy as, in theory, decisions could be pushed through – or held back – in this time.Speculation had swirled for months about the health of Htin Kyaw, 72, who had recently lost weight and has had heart problems in the past.“Myanmar president U Htin Kyaw resigned on 21March 2018,” a statement on the president’s official Facebook page said.His office did not give many details for why he resigned Wednesday, only saying that “he wanted to take a rest from his current duty”.It added that a new leader will be selected “within seven working days”.Shortly after the announcement, speaker of the lower house and Suu Kyi ally Win Myint resigned from his position, narrowing his odds of taking up Myanmar’s top civilian office.“Anyone she selects as president will be someone she has complete trust in,” said independent analyst Richard Horsey.“That trust is the basis of her being the seat of power in Myanmar. She has no power under the constitution. Any power comes from that relationship with the president.”Loyal school friendHtin Kyaw, the country’s first civilian president since 1962, was widely respected and seen as unerringly devoted to Suu Kyi, who said she would rule “above” him after he was elected in 2016.He has stood firmly by her side even as as her reputation has been shredded internationally for not speaking up on behalf of the persecuted Rohingya Muslim community.A violent military crackdown has forced some 700,000 Rohingya to flee over the border into squalid camps in Bangladesh, in what the UN has branded “ethnic cleansing” with possible “hallmarks of genocide”.The military justifies its campaign as a legitimate response to Rohingya militant attacks against police posts in August.The civilian government is in a transitional power-sharing arrangement with the army which still retains huge political and economic power.The army controls three key ministries-home affairs, borders and defence-effectively giving it a carte blanche to conduct any security operations it chooses.It also has a quarter of legislative seats reserved for officers, giving the military a de facto veto over any constitutional change.Defenders of Suu Kyi say her government’s hands are tied by the military but critics maintain it could and should have done more to speak up against alleged army atrocities, particularly in Rakhine state.Domestically Suu Kyi still enjoys broad popular support but, two years into government, her party has disappointed sky-high expectations of rapid development and economic growth, while the Rakhine crisis has recast the international narrative of the country.Htin Kyaw is the son of a revered poet and helped run Suu Kyi’s charitable foundation before taking over the presidency.According to an official biography, he studied at the University of London’s Institute of Computer Science from 1971 to 1972.In a varied career he worked as a university teacher and also held positions in the finance and national planning and foreign affairs ministries in the late 1970s and 80s before retiring from government service as the military tightened its grip.last_img read more

Yemen govt rebels start talks aboard UN ship

first_img.The head of the UN mission in Yemen launched talks between the government and Huthi rebels aboard a boat in the Red Sea on Sunday aimed at shoring up a ceasefire, a government official said.Retired Dutch General Patrick Cammaert chaired the meeting aboard a UN vessel docked off the coast of the flashpoint city of Hodeida after the rebels refused to hold talks in government-held areas, the official told AFP on condition of anonymity.The official said the meeting would address the implementation of an agreement reached in Sweden in December that calls for a ceasefire in rebel-held Hodeida, a pullback of forces from the port city and the opening of humanitarian corridors.The Red Sea port is the entry point for the bulk of Yemen’s imported goods and humanitarian aid, providing a lifeline to millions in the Arab world’s poorest country.The UN said in a statement that the parties would resume discussions on the Sweden agreement on Sunday.It is the third meeting of a joint committee on implementing the deal, which has been hailed as a major step toward ending Yemen’s devastating four-year war.The Saudi-backed government and Iran-aligned Huthi rebels have accused each other of violating the ceasefire, while deadlines for the pullback of forces and a prisoner swap have slipped.Yemen’s rebels have been locked in a war with government forces backed since 2015 by a Saudi-led coalition.The conflict has triggered what the UN calls the world’s worst humanitarian crisis, with millions of people at risk of starvation.Some 10,000 people have been killed since 2015, according to the World Health Organization, although rights groups say the death toll could be five times higher.last_img read more