PRASA invests R21.1 billion to revive rail infrastructure

Source: Government of South Africa

The Passenger Rail Agency of South Africa (PRASA) has deployed R21.1 billion in capital expenditure against an allocation of R11.6 billion in the 2024/25 financial year.

According to PRASA Group Chief Executive Officer (GCEO) Hishaam Emeran this spending reflects the urgent priority the agency has placed on fleet renewal, infrastructure recovery, and system modernisation. 

“This was not just spending – it was strategic investment in South Africa’s economic future. Not only did our capital investment help accelerate our recovery and modernisation programme, but also created and sustained 12 988 direct jobs. 

“More importantly, this investment induced 71 730 additional job opportunities across the economy, bringing the total job impact to 84 718 jobs created and job opportunities during the year, contributing towards economic stimulation,” Emeran said on Wednesday, in Johannesburg.

Addressing a media briefing on the 2024/25 Group Annual Report, the GCEO said the spending on PRASA’s full capital allocation demonstrates that the agency is breaking away from a history of underspending and slow project execution.

From 1 April 2025, PRASA diversified revenue streams and commercialisation drive, now positioned in the subsidiary, Intersite Asset Investments, which is central to delivering long-term financial sustainability through the property portfolio under the secondary mandate.

In 2024/25, commercial income reached R708 million, surpassing the budget of R675 million by 5%.

Flagship Achievements include the Cape Town Station Mixed-Use Development, The Lab on Park Student Accommodation in Braamfontein, Goodwood Social Housing in Cape Town, and Dieprivier affordable housing.

“Our Transit Oriented Development approach to property developments with our partners will continue to be a significant driver of growth and future revenues. Twenty four out of 26 development leases finalised are in the pipeline, and worth approximately R7.8 billion.

“Intersite is advancing PRASA’s commitment to innovation and environmental sustainability through renewable energy integration. A flagship project, the 1 MW [megawatt-peak] PV [photovoltaic] rooftop plant at Durban Station, is now in construction,” the GCEO said.

The Group Annual Report shows that the organisation has achieved an overall performance level of 93%, up from 87% from the previous year.

“To date, PRASA has successfully moved 77 million passengers across 35 of the 40 operational corridors, safely, with commuters now accessing services through 313 stations that have been recovered and rehabilitated to basic functionality.

“Our overall performance is aligned with our key strategic focus to deliver an excellent passenger service, grow gross commercial revenue, modernise operational assets, and expand the business by exploring other business opportunities,” he said.

PRASA’s future

PRASA is entering the next phase of its turnaround journey with a renewed focus on optimising services, to enhance the commuter experience.

“Over the coming years, the agency will prioritise expanding train services to improve access, continue upgrading track quality to enable faster journeys, and installing modern signalling systems to cut waiting times from an hour to as little as 10 minutes on high-demand corridors. 

“The reopening of remaining metro stations, the introduction of modernised ticketing solutions, such as tap and-go payments, and the continued growth of the electric multiple unit (EMU) fleet, including the much-anticipated milestone delivery of Train 300, marking the halfway point of the 600-train target by 2035, will further expand our services, improve convenience, and strengthen PRASA’s commitment to safe, reliable, and accessible rail transport for all South Africans.

“This has been a defining year for PRASA. We did not just deliver on our promises, we exceeded them,” he said. – SAnews.gov.za

PRASA increases commuter trips to 77 million

Source: Government of South Africa

During the 2024/25 financial year, the Passenger Rail Agency of South Africa (PRASA) saw an increase in passenger trips to 77 million, a significant increase from the previous financial year total of 39.4 million.

“Across every region, we have registered momentum. Gauteng delivered 40.7 million trips, the Western Cape 22.7 million, KwaZulu-Natal 12.7 million, and the Eastern Cape 670,000 trips. We expect the growth in passenger trips to grow across the PRASA network,” PRASA Group Chief Executive Officer (GCEO) Hishaam Emeran said. 

The agency’s achievements have been highlighted in the 2024/25 Group Annual Report, which was released by Emeran during a media briefing in Johannesburg on Wednesday.

“Of 208 254 scheduled services, we operated 202 358 – that is 91% on-time performance with cancellations held to just 3%. On-time performance is one of our most important metrics. Given that many of our passengers take the train to get to work, our on-time performance guarantees that they will get to work on time. This operational discipline, combined with our progressive deployment of modern rolling stock, is why passengers are choosing rail again,” the GCEO said.

According to the Group’s Annual Report, the organisation has achieved an overall performance level of 93%, up from 87% from the previous year. 

This is the highest in more than a decade and marks an upward trajectory in performance in three consecutive years against the Annual Performance Plan (APP).

“Our service restoration tells an even better story. We have successfully returned 35 of PRASA’s 40 service lines to operation, with 70% now fully operational.

“Strategic corridor recoveries including the phased restoration of Johannesburg–Roodepoort–Randfontein and increased frequencies on high-demand routes like Saulsville–Pretoria and Germiston–Pilot–Kwesine are directly translating into reduced travel times and higher patronage,” he said.

Modernisation 

According to the GCEO, the Rolling Stock Modernisation Programme remains on track. 

“The majority of our corridors now run the modern electric multiple unit (EMU) fleet. Our operational EMU fleet has grown from 96 to 134 units during the year, reflecting the systematic replacement of our legacy rolling stock with modern, reliable trains that passengers can depend on.

“By the end of March 2025, PRASA had received a total of 268 new trains, with 60 trains delivered in the 2024/25 financial year and over 70% deployed in the Regions. 

“Safety remains one of our top priorities. We maintained our three-year Railway Safety Regulator permit (valid through August 2025) and closed 144 of 200 historical Improvement Directives – clear evidence that our safety management systems are maturing,” he said.

New signalling infrastructure was commissioned on three priority lines in KwaZulu-Natal and the Western Cape, improving train frequencies and headways between trains to deliver reliable and efficient services.

Forty-six stations were revitalised, surpassing the target of 40, bringing the total of recovered and operational stations to 313 out of 468 commuter stations.

Despite strong passenger volume growth, Metrorail revenue of R396.6 million fell short of targets due to ticketing system gaps, delay-related refunds, increased season ticket adoption, and deferred fare adjustments. 

“We are implementing targeted interventions – stabilising ticketing systems, refining customer policies, and proceeding with planned fare adjustments to ensure patronage growth translates into sustainable revenue streams.

Unqualified audit opinion

In another historic milestone, PRASA has received an Unqualified Audit Opinion from the Auditor-General for the first time in nine years. 

This achievement follows years of adverse findings – four years of disclaimer opinions (2019–2022) and two years of qualified opinions (2023–2024).

“Our governance structures have shown marked improvement. The Audit & Risk Committee reports consistent compliance with Public Finance Management Act (PFMA) requirements, enhanced audit coverage spanning 52 audits across 42 operational areas, and sustained quality assurance processes. 

“While challenges remain in financial controls, supply chain management, and consequence management, we have implemented concrete remediation measures with visible year-on-year improvement. 

“We received an unqualified audit opinion from the Auditor General, a clear demonstration of the strides we have made in our control environment,” Emeran said. –SAnews.gov.za
 

GoDaddy Brings Artificial Intelligence (AI)-Powered Digital Ads to Entrepreneurs, Empowering Faster Online Growth

Source: APO – Report:

.

GoDaddy (www.GoDaddy.com), a global leader in empowering entrepreneurs, announced the expansion of its new Digital Ads feature with GoDaddy Airo® (https://GetStarted.GoDaddy/Africa) to nine new English-language markets including Ireland, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Africa and the United Arab Emirates.

This AI-powered tool enables small business owners and entrepreneurs to create, launch, and manage professional Google Ad campaigns in minutes, without prior advertising expertise, directly addressing a key barrier to online visibility and customer acquisition.

“Reaching new customers online is critical for growth, but creating effective ads has traditionally required significant time or resources many small businesses simply don’t have,” said Selina Bieber, Vice President of International Markets at GoDaddy. “Airo Digital Ads now empowers entrepreneurs in these markets to compete more effectively. Our AI handles the technical complexities, like writing compelling ad copy and selecting high-performing search keywords, so they can focus on running their business and connecting with customers.”

Why Simplifying Digital Ads Matters

GoDaddy’s 2025 Global Entrepreneurship Survey highlights the hurdles faced by entrepreneurs, with over one in three (37%) facing financial constraints limiting marketing investments, 23% struggling with technology complexity, and 40% citing work-life balance challenges from operational demands.

Digital Ads leverages Airo’s advanced AI to transform ad creation from a daunting task into an effortless streamlined process.

  1. Instant Campaign Setup: Generate complete, professional Google Ad campaigns in minutes. Airo drafts persuasive ad copy, selects relevant keywords based on the business offering, and structures the campaign using industry best practices, eliminating the “blank page” problem.
  2. Zero Experience Required: Tailored specifically for those new to digital advertising, the intuitive dashboard guides users through the process without requiring a dedicated marketing team.
  3. Full Control & Customization: Users review, edit, and perfect every element before launch – headlines, descriptions, keywords, target audience, and budget. The AI provides a powerful starting point, but the business owner makes the final decisions.
  4. Integrated Management & Analytics: Launch campaigns and track detailed performance metrics (like clicks, impressions, and costs) all within the GoDaddy Digital Ads dashboard. No need to juggle multiple platforms or logins.
  5. Risk-Free Testing: Preview the complete ad exactly as it will appear on Google. Make unlimited adjustments. Campaigns only go live when the user is completely satisfied.

AI Benefits for All Entrepreneurs
Digital Ads effectively works as a plug-and-play solution to key challenges faced by various entrepreneurial segments. Small business owners new to digital ads gain a streamlined, cost-efficient entry point without agency overhead; busy entrepreneurs benefit from rapid campaign launch to drive traffic while juggling multiple priorities; and budget-conscious businesses garner professional results without the need to hire specialists to manage ads.

Get started today at https://GetStarted.GoDaddy/Africa.

– on behalf of GoDaddy.

About GoDaddy:
GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company’s AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

JSC recommends five candidates for ConCourt appointment

Source: Government of South Africa

Thursday, October 9, 2025

The Judicial Service Commission (JSC) has announced the names of five candidates it will recommend to President Cyril Ramaphosa to fill two vacancies at the Constitutional Court.

This follows interviews conducted by the commission this week to fill vacancies at various courts across the country.

The five recommended candidates for the Constitutional Court are:
•    Judge Nambitha Dambuza
•    Advocate Alan Dodson SC
•    Judge Glenn Goosen
•    Judge Katharine Savage
•    Judge Ashton Schippers

The JSC also interviewed six candidates for the vacancy at the Supreme Court of Appeal.

However, the commission announced on social media X that it had “decided that it will not recommend any candidate for appointment” at that court.

Proceedings continue this morning with interviews for the vacant positions in the KwaZulu-Natal Division of the High Court. – SAnews.gov.za

DIRCO to host official memorial service for Ambassador Mthethwa

Source: Government of South Africa

Thursday, October 9, 2025

The Department of International Relations and Cooperation (DIRCO) will host the official memorial service for the late Ambassador Nathi Mthethwa on Friday, 10 October 2025. 

Ambassador Mthethwa served as South Africa’s Head of Mission in Paris, France. He passed away in the French capital on 30 September 2025, at the age of 58.

READ | SA mourns the untimely passing of Ambassador Nathi Mthethwa

Mthethwa was appointed as the Ambassador to France in December 2023 after serving in the Cabinet for 15 years, holding the portfolios of Sport, Arts and Culture, and Police.

His tenure in the National Executive followed a lifetime of political involvement and leadership.

President Cyril Ramaphosa has since announced that the late Ambassador will be honoured with a Special Official Funeral Category 2 in KwaMbonambi, KwaZulu-Natal, on Sunday, 12 October 2025. 

READ | Special Official Funeral to honour Ambassador Mthethwa 

This Special Official Funeral, as declared by President Ramaphosa, will include ceremonial elements performed by the South African Police Service (SAPS).

The President has also directed that the national flag be flown at half-mast from today until he is laid to rest. 

The memorial service will be held at the DIRCO Conference Centre, OR Tambo Building, Rietondale, Pretoria, from 10 am. – SAnews.gov.za
 

Call to leverage science for a sustainable future

Source: Government of South Africa

Science, technology, and innovation hold the key to shaping inclusive, just, and sustainable societies – and global leaders must recognise their transformative power, says Minister of Higher Education, Science and Innovation, Professor Blade Nzimande.

Nzimande was speaking during his keynote address at the 9th Biennial Conference, held under the theme “Science, Technology, and Innovation for a Sustainable Future.”

He urged policymakers, scientists, researchers, and innovators to ensure that advancements in these fields serve the public good, promote social justice, and respond to the needs of both people and the planet.

“As policy makers, scientists, researchers, and innovators, we carry a huge responsibility to ensure that science, technology and innovation serve the public good, advance social justice and contribute to a more equitable and sustainable future.

“It is, therefore, my sincere hope that you will see this conference as an opportunity to strengthen our resolve to harness science, technology and innovation not only to build knowledge systems that are inclusive, ethical, but also responsive to the needs of our planet and its people,” Nzimande told the attendees.

The session was held in collaboration with the Global Sustainable Technology and Innovation Community (G-STIC), an initiative led by the Belgian Research and Technology Organisation (VITO).

Hosted by the Council for Scientific and Industrial Research (CSIR), the gathering coincides with the entity’s 80th anniversary, celebrating its positive impact through innovation.

In addition, he stated that the African continent cannot afford to be left behind in the ongoing artificial intelligence (AI) revolution occurring globally.

“A sovereign research agenda will ensure that Africa does not fall into the trap, as was the case with previous technological revolutions, of being reduced to mere importers and consumers of other people’s AI solutions.” 

He believes that the development of a sovereign research agenda for Africa is critical. 

“As the African continent, we do not want a repeat of the tragedy we experienced during the global outbreak of the COVID-19 pandemic, when the lives of millions on our continent were dependent on the vaccines from other parts of the world.”

As the threat to multilateralism increases due to the aggressive tactics of certain countries and the ongoing genocide in Gaza, he emphasised that the lessons learned from these challenges indicate that no country can address these issues in isolation.

“Also, more than ever before, we must be intentional about mobilising all the available scientific knowledge in the world, to develop sustainable responses to the challenges of our time.” 

Nzimande also took the time to congratulate the leadership and staff of the CSIR on their milestone of 80 years. 

“Formed in 1945, the apartheid government used the CSIR as part of its oppressive machinery to, among others, produce weapons to commit all manner of atrocities against our people in South Africa and parts of the African continent.

“With the advent of democracy, the democratic government repositioned CSIR to play a more progressive role in society and for it to use its research and scientific capabilities for the development of our country and continent,” he explained. 

In alignment with the government’s strategic priorities, the CSIR has played a crucial role in advancing key sectors such as health, defence, energy, mining, manufacturing, digital innovation, and supporting small, medium, and micro enterprises (SMMEs).

“I am proud to state that the CSIR plays a profoundly progressive role in our country’s development agenda and continues to be one of the most well-run public institutions in our country.” – SAnews.gov.za

Government condemns attacks on police officers

Source: Government of South Africa

Government has condemned all forms of physical or verbal attacks directed at police officers or any law enforcement officers. 

“Such actions are not only criminal and punishable by law, but they also endanger the very individuals sworn to protect communities and uphold public safety,” said Deputy Government spokesperson William Baloyi.

This follows a recent video showing police officers being attacked in Kimberley in the Northern Cape but similarly pertains to a number of previous incidents. 

The swift arrest of the two suspects involved, including one who assaulted a female police officer, is a clear warning that government will not tolerate any act of aggression or obstruction against law enforcement officials.

“An attack on a police officer is an attack on the rule of law itself. It undermines the stability and safety of our society and erodes the principles of respect and accountability on which our democracy stands. 

“Respect for law enforcement is not optional; it is a civic duty and a cornerstone of public order. We urge all citizens to act responsibly and respectfully when engaging with law enforcement officers, especially as we approach the festive season. 

“Police officers are working tirelessly to ensure that everyone can enjoy a safe and peaceful holiday period. Their safety and security are paramount, they must be able to carry out their duties without fear of attack or intimidation,” Baloyi said.

He added that police officers serve on the front lines every day, often under difficult and dangerous conditions, to protect communities, prevent crime and respond to emergencies. 

“Cooperation with officers’ lawful instructions is essential. While citizens may sometimes disagree with an officer’s actions, such disagreement can never justify violence, abuse, or interference. Concerns or complaints about conduct should always be channelled through proper reporting mechanisms after the fact.

“As the festive season approaches, a time when law enforcement presence intensifies to safeguard communities, government calls on all South Africans to show respect, patience, and cooperation,” he said. 

Baloyi urged members of public to ensure that the holiday season is marked by safety, responsibility and mutual respect between citizens and those who protect them. – SAnews.gov.za

Azule Energy reconnue comme leader E&P de l’année lors de African Energy Week 2025 grâce à son audacieuse campagne d’exploration

Source: Africa Press Organisation – French

La société énergétique internationale Azule Energy a été reconnue comme le « leader de l’année en exploration et production » lors de la cérémonie des African Energy Awards et du dîner de gala de cette année. Organisée dans le cadre de la conférence African Energy Week : Invest in African Energy, cette distinction vient récompenser la société alors qu’elle mène une série de projets d’exploration ambitieux en Angola.

Cette année a marqué un tournant pour Azule Energy en Angola, qui continue de consolider sa position de puissance énergétique régionale. En août 2025, la société a réalisé sa première production de pétrole à la plate-forme FPSO Agogo dans le bloc 15/06, l’un des projets offshore les plus avancés techniquement du pays, suivie du lancement de la première cargaison en septembre. La plate-forme FPSO rejoint l’installation opérationnelle de Ngoma pour exploiter les ressources des champs Agogo et Ndungu, avec une production maximale prévue de 175 000 barils par jour (bpj).

Le FPSO Agogo représente la deuxième phase du projet Agogo Integrated West Hub Development, qui souligne l’engagement de l’Angola en faveur d’opérations offshore durables et hautement efficaces. Azule Energy se prépare actuellement à la troisième phase, qui comprendra la déconnexion de l’installation Ngoma afin d’optimiser les dépenses d’exploitation et de rationaliser davantage la production. Avec une production totale dépassant déjà 210 000 bpj, la société est en bonne voie pour atteindre son objectif global de 370 000 bpj grâce à un mélange équilibré d’initiatives d’exploration, de développement et de récupération améliorée.

Au-delà d’Agogo, Azule Energy continue de développer un solide portefeuille en amont qui renforce la compétitivité à long terme de l’Angola en tant que producteur de pétrole. En septembre 2025, la société a signé un accord historique avec l’Agence nationale du pétrole, du gaz et des biocarburants (ANPG) pour le bloc 31, situé dans les eaux ultra-profondes du bassin inférieur du Congo. L’accord regroupe quatre champs en production – Plutão, Saturno, Vênus et Marte – dans un cadre de développement unique, prolongeant la licence jusqu’en 2032. Cette mesure devrait améliorer les taux de récupération et générer de nouvelles synergies de production dans tout le bassin.

L’exploration reste au cœur de la stratégie de croissance d’Azule Energy. La société prévoit de forer de nouveaux puits dans le bloc 15/06 en 2026, en tirant parti du décret angolais de 2024 sur la production supplémentaire, qui encourage le réinvestissement dans les champs matures. Parallèlement, Azule Energy va forer un puits d’exploration pionnier dans le bloc 47, marquant ainsi la première activité de forage dans ce bloc.

En 2025, la société a également fait la une des journaux avec une importante découverte de gaz dans le puits Gajajeira-01 du bloc 1/14, dont les réserves sont estimées à un trillion de pieds cubes de gaz et 100 millions de barils de condensat. Cette découverte renforce l’ambition de l’Angola de devenir un producteur régional de gaz de premier plan. Au cœur de cette vision se trouve le New Gas Consortium, dirigé par Azule Energy, qui mène le premier projet de développement de gaz non associé en Angola à travers le projet Quiluma & Maboqueiro. En bonne voie pour une première production en 2025, le projet fournira du gaz traité à l’usine Angola LNG, permettant la production d’électricité domestique et l’exportation.

« Azule Energy représente l’avenir de l’exploration et de la production en Afrique. Son approche multiforme, qui consiste à réinvestir dans des champs matures tout en poursuivant l’exploration de nouvelles frontières, reflète une stratégie de développement audacieuse en Afrique. En faisant progresser la production en eaux profondes et les infrastructures de gaz naturel, la société transforme le paysage amont de l’Angola », a déclaré NJ Ayuk, président exécutif de la Chambre africaine de l’énergie.

Distribué par APO Group pour African Energy Chamber.

Media files

Azule Energy Recognized as Exploration & Production (E&P) Leader of the Year at African Energy Week (AEW) 2025 Amid Bold Exploration Drive

Source: APO – Report:

International energy company Azule Energy was recognized as the Exploration & Production Leader of the Year at this year’s African Energy Awards and Gala Dinner. Hosted during the African Energy Week: Invest in African Energies conference, the accolade comes as the company advances a series of ambitious exploration projects in Angola.

This year has marked a defining moment for Azule Energy in Angola as it continues to consolidate its position as a regional energy powerhouse. In August 2025, the company achieved first oil at the Agogo FPSO in Block 15/06 – one of the country’s most technically advanced offshore projects – followed by the launch of the first cargo in September. The FPSO joins the operational Ngoma facility to harness resources from the Agogo and Ndungu fields, with peak production expected to reach 175,000 barrels per day (bpd).

The Agogo FPSO represents the second phase of the Agogo Integrated West Hub Development, a project that underscores Angola’s commitment to sustainable, high-efficiency offshore operations. Azule Energy is now preparing for the third phase, which will include the disconnection of the Ngoma facility to optimize operating expenditure and further streamline production. With total production already surpassing 210,000 bpd, the company is on track to achieve its broader goal of 370,000 bpd through a balanced mix of exploration, development and enhanced recovery initiatives.

Beyond Agogo, Azule Energy continues to advance a robust upstream portfolio that reinforces Angola’s long-term competitiveness as a petroleum producer. In September 2025, the company signed a landmark agreement with the National Oil, Gas and Biofuels Agency (ANPG) for Block 31, located in the ultra-deepwaters of the Lower Congo Basin. The agreement consolidates four producing fields – Plutão, Saturno, Vênus and Marte – under a single development framework, extending the license to 2032. The move is expected to improve recovery rates and generate new production synergies across the basin.

Exploration remains central to Azule Energy’s growth strategy. The company plans to drill new wells in Block 15/06 in 2026, leveraging Angola’s 2024 Incremental Production Decree, which incentivizes reinvestment in mature fields. Simultaneously, Azule Energy will spud a frontier exploration well in Block 47, marking the first drilling activity in the block.

In 2025, the company also made headlines with a major gas discovery at the Gajajeira-01 well in Block 1/14, estimated to hold up to one trillion cubic feet of gas and 100 million barrels of condensate. The find strengthens Angola’s ambition to become a leading regional gas producer. Central to this vision is the New Gas Consortium, led by Azule Energy, which is spearheading Angola’s first non-associated gas development through the Quiluma & Maboqueiro project. On track for first production in 2025, the project will supply processed gas to the Angola LNG facility, enabling domestic power generation and export.

“Azule Energy represents the future of African exploration and production. Its multi-faceted approach – reinvesting in mature fields while pursuing frontier exploration – reflects a bold development strategy in Africa. By advancing deepwater production and natural gas infrastructure, the company is transforming Angola’s upstream landscape,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

– on behalf of African Energy Chamber.

Media files

.

Address by President Cyril Ramaphosa to the Global Gateway Forum, Brussels, Belgium

Source: President of South Africa –

Your Excellency, President Ursula von der Leyen,
Fellow Heads of State and Government from Africa, Latin America and the Caribbean and Europe,
Honourable Ministers,
Distinguished Guests,
Ladies and Gentlemen,
 
Thank you for inviting South Africa to this Global Gateway Forum. 
 
It is a privilege to address this forum, which brings together partners to strengthen cooperation, advance shared priorities and find solutions to the pressing global challenges of our time. 
 
This forum is taking place at a time of geopolitical uncertainty and instability, negatively impacting security and economic growth in many parts of the world.
 
These circumstances require comprehensive, coordinated and forward-looking solutions. These challenges call for a renewed commitment to the peaceful resolution of conflict, respect for international law, the strengthening of multilateralism and the progressive reform of international bodies like the United Nations and the WTO.
 
As a country, we welcome the opportunity to participate in this forum.
 
The strategic partnership between South Africa and the European Union has evolved in scope and substance over the years.
 
The South Africa-EU Summit in Cape Town in March this year reaffirmed our shared values and further deepened our cooperation. 
 
Together, we have an opportunity to strengthen resilience by advancing investments in digital and green infrastructure, fostering innovation, securing supply chains and encouraging diversification that supports sustainable and inclusive growth. 
 
We welcome the support this partnership provides to the development of transport networks, a just transition and climate resilience, pandemic preparedness and vaccine production, and digital connectivity. 
 
As we work to strengthen trade and investment ties, we must also address those issues that hold back more robust, more diverse and more impactful trade and investment between African and European countries.
 
We need to work together to overcome the tariff and non-tariff barriers that constrain the breadth and the scale of African exports to the European Union.
 
We must use investment and trade as effective instruments to foster industrialisation on the African continent.
 
The Global Gateway provides an opportunity to support the priorities that countries have identified and are pursuing themselves.
 
South Africa has embarked on a just transition that advances renewable energy while safeguarding energy security and enabling social and economic development.
 
We are using our natural resource endowments – such as solar, wind and our critical minerals – to build industries that will grow our economies.
 
As South Africa, we are undertaking far-reaching economic reforms in energy, water, logistics and telecommunications that are making our country more competitive and improving the investment environment.
 
As a country, we are undertaking a massive infrastructure investment drive to expand the capacity of our economy and meet the developmental needs of our people. 
 
As a continent, Africa is striving for universal access to energy through diversification, equitable financing and technology transfer. 
 
The support from the EU and its member states will play an important part in this journey. 
 
It is important that the substantial investments that are being made through the Global Gateway are structured in a manner that empowers African countries and does not replace one dependency with another.
 
They must enable African countries to pursue development paths that are suited to their circumstances and to the needs of their people.
 
South Africa is hosting the G20 Leaders’ Summit next month under the theme of Solidarity, Equality and Sustainability. 
 
With around 100 of the 132 official meetings having been held since we took over the presidency of the G20 from Brazil, South Africa is well on its way in preparations towards hosting a successful G20 Summit for the first time on African soil.
 
We welcome the support of the European Union for our G20 priorities to address the many challenges that developing economy countries are facing.

Many developing economy countries face unsustainable debt burdens. A key issue for the G20 must be to develop solutions to address the debt burden that holds back the growth and development of many developing economy countries, especially in Africa. 

We need further measures to ensure fair and equitable access to finance and debt sustainability so that these countries can meet the needs of their people and realise their potential. 
 
It is simply unacceptable that many developing economy countries pay much more for their debt than what more developed economy countries pay.
 
This unfair treatment perpetuates inequality not only between individuals but amongst countries as well. 
 
It is for this reason that South Africa has set up a G20 Extraordinary Committee of Independent Experts on Global Wealth Inequality, led by Professor Joseph Stiglitz, to table a report at the G20 Leaders’ Summit on the issue of inequality.
 
We must build consensus on the reform of international financial institutions, particularly multilateral development banks, to better tackle global challenges.
 
We have recognised the need to massively increase support for climate action in the Global South and for reconstruction in the aftermath of extreme weather events. Greater support needs to be given developing economy countries through climate financing.
 
We are also calling for stronger action against predatory mining practices and for fair management of critical minerals. 
 
We are focusing on strengthening the multilateral trading system, while recognising that the World Trade Organisation remains the only multilateral body capable of managing divergences and coordinating positions in global trade.
 
We remain committed to working closely with the European Union to ensure that our shared ambitions translate into tangible outcomes. 
 
Together, we can foster inclusive growth, build resilience and create a sustainable and secure future for all our people.
 
I thank you.