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Mauritania roundtable raises US$2 billion pledge from the Arab Coordination Group in development funding

Mauritania’s national development program will see a strong boost with a US$2 billion pledge made by the Arab Coordination Group (ACG) (www.TheACG.org) at a high-level roundtable held in Vienna, Austria. The event was chaired by the President of Mauritania, Mohamed Ould Cheikh El Ghazouani, and was hosted by the OPEC Fund for International Development in the framework of the Annual Meeting of the ACG Heads of Institutions.

OPEC Fund President Abdulhamid Alkhalifa said: “We are strongly committed to play an active role in the implementation and success of Mauritania’s ambitious development program. With our pledge we are mobilizing our collective capabilities to translate ambition into action and bring about positive change in the lives of the people of our partner country Mauritania.”

Speaking on behalf of the Arab Coordination Group, the President of the Islamic Development Bank (IsDB), H.E Dr. Muhammed Al Jasser, said: “Our funding will be directed to vital priority sectors, including energy, water, transportation and digital infrastructure, in order to stimulate economic growth and achieve comprehensive and sustainable development in the country.”

The pledge followed an opening address by President El Ghazouani who reaffirmed Mauritania’s commitment to institutional reform, enhanced transparency and improved governance. He noted that these efforts, combined with macroeconomic stability and modernized public administration, are laying the foundation for long-term, inclusive growth. The President also underscored the country’s ambition to become a competitive investment destination through streamlined investment procedures and strengthened national security.

During the roundtable, the government of Mauritania presented a portfolio of priority investment projects. Among them was an initiative to hybridize thermal power plants and enhance existing hybrid facilities with advanced energy storage solutions. Two strategic water infrastructure projects were also featured: one at the Taraf Al-Mahroud site and another in the Karakoro Basin. In the transport sector, the rehabilitation of the Nouakchott–Nouadhibou and Rosso–Boghé corridors was highlighted as vital to improving trade and connectivity.

The ACG pledge will cover the period 2025-2030. Delivery will be “closely coordinated with the government and international partners,” IsDB President Al Jasser announced. The roundtable preceded the OPEC Fund Development Forum on June 17, where Mauritania’s President El Ghazouani will deliver an opening address as guest of honor.

OPEC Fund President Alkhalifa underscored the institution’s commitment to supporting Mauritania. During a visit to the country in January he signed a Country Partnership Framework Agreement for the period 2025-2027. Under this strategic cooperation, the OPEC Fund will focus on key sectors such as renewable energy, water, food security, transport and clean cooking. The President said: “To be successful, development needs to attract investment. To be sustainable, however, development also needs to generate tangible results for the people. The government’s strategy prudently links both.”

The Arab Coordination Group is the world’s second-largest development finance group, united around shared values of South-South cooperation and solidarity. Last year, the ACG extended US$19.6 billion collectively to fund nearly 650 operations in more than 90 countries.

Distributed by APO Group on behalf of Arab Coordination Group (ACG).

About the Arab Coordination Group (ACG):
The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated response to development finance. Since its establishment in 1975, ACG has been instrumental in developing economies and communities for a better future, providing more than 13,000 development loans to over 160 countries around the globe. Comprising ten development funds, ACG is the second-largest group of development finance institutions in the world and works across the globe to support developing nations and create a lasting, positive impact.

The Group comprises the Abu Dhabi Fund for Development, the Arab Bank for Economic Development in Africa, the Arab Fund for Economic and Social Development, the Arab Gulf Programme for Development, the Arab Monetary Fund, the Islamic Development Bank, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development, the Qatar Fund for Development and the Saudi Fund for Development.

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Nigeria’s President Tinubu to Bring Bold Energy Reforms to African Energy Week (AEW) 2025 Stage


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African Energy Week (AEW) 2025: Invest in African Energies is proud to announce that Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, will address delegates at Africa’s premier energy event in Cape Town. President Tinubu’s participation comes as Nigeria undergoes one of the most ambitious reform drives in its oil, gas and broader energy sectors – a drive that is reshaping the country’s investment climate and unlocking multi-billion-dollar opportunities across the value chain.

Since assuming office, President Tinubu has spearheaded a wide-ranging program to reposition Nigeria as a top-tier destination for energy investment. In May 2025, he signed an Executive Order on Oil & Gas Reforms, aimed at overhauling project delivery frameworks and significantly reducing costs across the industry. The Order introduces streamlined contracting processes, tax incentives and the removal of regulatory and local content compliance bottlenecks, with a target of cutting upstream project costs by up to 40%. Such reforms are designed to make Nigeria’s operating environment globally competitive and unlock billions of dollars in new investments.

In the past year, Nigeria has secured over $8 billion in deepwater oil and gas final investment decisions, signaling a renewed appetite among international investors. ExxonMobil, for example, has committed $1.5 billion to new deepwater field developments. Shell is also strengthening its position in deepwater and integrated gas – recently increasing its stake in OML 118, which includes the prolific deepwater Bonga field – while Chevron is expanding operations at the Agbami field, one of Nigeria’s largest deepwater discoveries. 

Meanwhile, Petrobras has declared its interest in returning to deepwater exploration in Nigeria, seeking frontier acreage as a result of improved regulatory clarity and investor-friendly reforms. The country has also unveiled major new initiatives to promote local content and industrial growth, with multi-billion-dollar investments directed at building domestic capacity in fabrication, engineering and services. This includes the “Naira for Crude” initiative, which aims to promote local refining, enhance energy security and reduce reliance on foreign currency in the domestic oil market.

Beyond upstream developments, Nigeria is advancing its gas monetization strategy and reviving refining capacity to enhance energy security and drive industrialization. The ongoing operational ramp-up of the 650,000-bpd Dangote refinery – the largest on the continent – is set to begin nationwide distribution of petrol and diesel later this year. The refinery, along with new investments in petrochemical plants, storage facilities and pipeline infrastructure, is expected to help end Nigeria’s decades-long reliance on gasoline imports, a trade valued at $17 billion. The U.S., European and global investor community is increasingly engaging with Nigeria as a strategic partner for energy supply diversification and clean energy integration, further solidifying the country’s position as a leading force in Africa’s energy landscape.

“Nigeria under President Tinubu is showing the world how decisive policy reforms can directly translate into investor confidence and tangible project commitments,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “What’s happening in Nigeria today is a case study for other African producers: it demonstrates that by cutting red tape, streamlining processes and providing fiscal certainty, countries can attract capital on a large scale while creating real value for their people. We are honored to welcome President Tinubu to AEW 2025 to share this important success story.”

President Tinubu’s address at AEW 2025: Invest in African Energies will provide a unique opportunity for African and global stakeholders to gain insights into Nigeria’s evolving oil and gas sector, the government’s strategy for long-term energy security and the country’s vision for sustainable industrial development. His leadership is setting a benchmark for how resource-rich nations can balance competitiveness, local value creation and inclusive growth.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

Distributed by APO Group on behalf of African Energy Chamber.

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Global travel made simple with Kaspersky eSIM Store

Kaspersky (www.Kaspersky.co.za) eSIM Store is a new connectivity solution for international travel. Designed to make it easier for leisure and business travellers to stay online globally, it empowers users with easy Internet access across 150+ countries and regions, with a choice of over 2,000 affordable data plans.

The production of eSIM-compatible devices has increased tenfold in the last five years according to the GSMA (http://apo-opa.co/4lamZ8D). By 2028, it is expected that half of all mobile connections worldwide will use eSIM technology. This rise in popularity is driven by eSIM’s convenience and ease of use – eliminating the need for physical SIM cards and enabling a hassle-free experience wherever you go.

To meet this growing trend, Kaspersky eSIM Store provides access to eSIM plans from local telecom operators all over the world – with an easy interface and simple management.

A new way to always stay connected

Kaspersky eSIM Store lets users to enjoy affordable and easily accessible Internet connections around the globe without the hassle of physical SIM cards. Users can seamlessly access eSIM plans from local telecom providers in 150+ countries and regions worldwide, providing favourable rates and transparent conditions without any roaming fees.

While travelling, an eSIM can help users avoid high roaming costs on a primary SIM, remove the need to search for a local SIM kiosk and share personal data with them, as well as avoiding the use of unsecured public Wi-Fi networks. Instead, eSIM ensures that leisure travellers can focus on the joyful moments of their trip and instantly share them with friends and relatives, while business travellers have continuous access to important messages, working documents and video calls.

Seamless connection in a few taps

Kaspersky eSIM Store features a user-friendly interface for plan selection, purchase, top-ups, and data usage management. Travellers can choose their preferred activation date, allowing them to set up their eSIM in advance and be connected the moment their trip begins — all in just a few taps.

To match the needs of any traveller, there are many flexible ways to choose and manage data plans.

Options are available based on destination, including plans for specific countries, global plan 122 destinations, or mini-global plans tailored to specific regions. For trip duration, travellers can select between expiring plans valid for a fixed period or non-expiring plans that remain active until the data is fully used. This ensures convenience whether the trip is short or long.

Additionally, users have control over when their plan starts. They can either schedule activation for a specific date or begin using the data immediately, providing flexibility to align with their travel schedule.

To ensure users never run out of GB unexpectedly, Kaspersky eSIM Store provides real-time data usage monitoring and alerts when a balance is near zero. The user profile (on the webpage or in the app) allows quick top-ups and supports multiple countries on a single eSIM – install once and use for a lifetime.

Kaspersky eSIM Store is launched in partnership with award-winning provider BNESIM Limited, which has been delivering global eSIM services since 2017.

“At Kaspersky we are constantly keeping up with latest trends shaping our digital habits, and eSIM is definitely one of them. eSIM technology greatly simplifies travelling abroad, allowing people to stay connected and not worry about issues like roaming charges. We know from our own experience how important it is to stay in touch with your family or colleagues when you are on a trip, so we designed Kaspersky eSIM Store for all types of travellers to ensure instant access to eSIM data plans wherever they go, as well as to provide a safe and positive digital experience,” – Mikhail Gerber, Executive Vice President, Consumer Business, Kaspersky.

Kaspersky eSIM Store is now available on the official website www.Kasperskyesimstore.com, and as a mobile app in App Store and Google Play.

Kaspersky eSIM Store complements Kaspersky’s wide range of industry-recognised solutions, such as Kaspersky VPN Secure Connection and Kaspersky Premium. Together they cover all modern connectivity needs and enhance digital freedom – ensuring safe, worry-free connectivity across the world.

*You can check your device’s eSIM-capability on the www.Kasperskyesimstore.com or in the app.

Distributed by APO Group on behalf of Kaspersky.

For further information please contact:
Nicole Allman
nicole@inkandco.co.za

Social Media:
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Blog: https://apo-opa.co/4jZCUpf

About Kaspersky:
Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect individuals, businesses, critical infrastructure, and governments around the globe. The company’s comprehensive security portfolio includes leading digital life protection for personal devices, specialized security products and services for companies, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help millions of individuals and over 200,000 corporate clients protect what matters most to them. Learn more at www.Kaspersky.co.za.

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Nelson Mandela Bay surpasses housing targets

Source: South Africa News Agency

The Nelson Mandela Bay Municipality has demonstrated its readiness for expanded housing allocations by exceeding its annual delivery target for the 2024/25 financial year, well ahead of schedule.

The municipality reported that a total of 397 housing units has been delivered by the municipality, as of early June, surpassing its target of 386.

The municipality highlighted that this is a clear sign of sustained institutional turnaround, improved planning and implementation, and strengthened intergovernmental coordination.

Despite these gains, the municipality said it still faces a significant housing backlog of more than 100 000 units.

In response to this, earlier this year, the municipality launched a registration drive aimed at prioritising backyard dwellers in upcoming allocations, with a goal of building news 400 housing units in the next budget year.

Municipality’s Executive Mayor, Babalwa Lobishe said the municipality has called on the National Department of Human Settlements to consider increasing the metro’s housing allocations, in light of its consistent performance.

“The Nelson Mandela Bay Municipality has shown its ability to deliver on time, within budget, and wih quality—positioning itself as a reliable implementing partner in addressing the national housing backlog,” Lobishe said.

The mayor emphasised that in the midst of all the vulnerabilities and challenges remain, including people living in shacks, floodplains, and unsafe conditions, the municipality must still act with the utmost urgency to deliver coordinated and integrated human settlements.

“Section 26 of the Constitution guarantees everyone the right to access adequate housing [while] Section 152 compels municipalities to ensure the provision of services and promote sustainable communities. We are fulfilling this mandate not only with urgency, but with pride and purpose,” Lobishe said.

She added that the municipality will pursue the relevant interventions and measures to ensure it engages the Minister of Human Settlement through the appropriate channels and processes, to advocate for increased allocations.

Backed by a five-year turnaround strategy, the Human Settlements Directorate has introduced reforms in project and beneficiary management, financial controls, and intergovernmental collaboration.

Communities across the metro, including Polar Park, KwaNobuhle, Jachtvlakte, Masakhane Village, Motherwell NU30, and Red Location, are already benefiting from these initiatives.

Member of the Mayoral Committee (MMC) for Human Settlements, Thembinkosi Mafana, credited the municipality’s ability to meet and exceed targets to effective oversight, operational effectiveness, and collaboration across all levels of government.

“The excellent performance speaks for itself. We have consistently delivered on the funding allocations given to the metro, on time, budget and with quality. In certain areas, we have even exceeded our targets.

“Our housing delivery backlog is a challenge, and we need to fast-track housing delivery. Our quality controls and effectiveness will elevate our status significantly, as we continually improve our ability to deliver with agility,” Mafana said.

The MMC also acknowledged the contribution of the Standing Committee for Human Settlements, other state entities, the residents, and municipal officials.

“The administration’s Human Settlement Standing Committee has an all-hands-on deck approach. We also appreciate the dedication and turnaround efforts shown by our officials and contractors,” he said.

The Nelson Mandela Bay Municipality reiterated its readiness to scale up housing delivery and committed to working with provincial and national government to accelerate sustainable human settlements across the metro. – SAnews.gov.za
 

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Minister of State at Ministry of Foreign Affairs Holds Phone Call with IAEA Director General

Source: Government of Qatar

Doha, June 17, 2025

HE Minister of State at the Ministry of Foreign Affairs Dr. Mohammed bin Abdulaziz bin Saleh Al Khulaifi held a phone call Tuesday with HE Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi.

During the call, they discussed the latest developments related to the recent Israeli attacks on nuclear facilities in the Islamic Republic of Iran, as well as means to enhance the security of nuclear installations and ensure they are not exposed to any threats that could undermine regional and international security.

HE the Minister of State at the Ministry of Foreign Affairs pointed out during the call that targeting nuclear facilities constitutes a serious threat to regional and international peace and security, stressing that the State of Qatar is making strenuous efforts with its partners to return all parties to the path of dialogue to address outstanding issues and consolidate security and peace in the region and the world.

His Excellency reiterated the State of Qatar’s strong condemnation of the Israeli attack on Iranian territory, describing it as a blatant violation of Iran’s sovereignty and security and a clear breach of the rules and principles of international law.

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Qatar Calls for Negotiations to Reach Diplomatic Resolution to Iranian Nuclear Program-related Issues

Source: Government of Qatar

Vienna, June 16, 2025

The State of Qatar has called for calm, de-escalation, exercising maximum self-restraint, and carrying on with negotiations to reach a diplomatic solution to the issues pertaining to the Iranian nuclear program.

The State of Qatar added that facts have shown that there is no alternative to dialogue and diplomacy to ensure peace and stability and to spare the region and the world further catastrophes.

This came in a statement delivered by HE Ambassador and Permanent Representative of the State of Qatar to the United Nations and international organizations in Vienna Jassim bin Yacoub Al Hammadi at the emergency meeting of the International Atomic Energy Agency’s (IAEA) Board of Governors in Vienna.

His Excellency urged the Director General of the IAEA to engage with the Iranian side to facilitate technical discussions and diplomatic solutions to the nuclear issues concerning Iran.

His Excellency also reiterated the State of Qatar’s strong condemnation and deep denunciation of the Israeli attack on the territory of the Islamic Republic of Iran, calling on the international community to assume its legal and moral responsibility to urgently stop such violations.

The Ambassador and Permanent Representative of the State of Qatar to the United Nations and international organizations in Vienna stressed the State of Qatar’s rejection of the use of force outside the framework of the United Nations Charter, pointing out that Israel’s claim that its attack on Iran was a preemptive act of self-defense lacks any legal basis. His Excellency added that respecting state sovereignty and banning the use of force without UN Security Council authorization or in self-defense under Article 51 of the Charter are peremptory norms in international law and the UN Charter.

He said that the international community and the UN Security Council under its mandate, must firmly uphold these principles and prevent their violation, as doing otherwise creates chaos in international relations and leads to the law of the jungle.

His Excellency also noted that an armed attack on nuclear facilities under IAEA safeguards is a condemned act, potentially causing wide-scale harm to people and the environment, with serious implications for nuclear safety and security.

HE Ambassador and Permanent Representative of the State of Qatar to the United Nations and international organizations in Vienna Jassim bin Yacoub Al Hammadi praised IAEA Director General Rafael Grossi’s statement before the UN Security Council on June 13, in which he reaffirmed the IAEA General Conference’s resolutions stating: “Any armed attack on and threat against nuclear facilities devoted to peaceful purposes constitutes a violation of the principles of the United Nations Charter, international law and the Statute of the Agency,” and stating: “An armed attack on a nuclear installation could result in radioactive releases with grave consequences within and beyond the boundaries of the State which has been attacked.”

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Built for Africa: Trinasolar Showcases Weather-Resilient Solar + Storage Solutions at Africa Energy Forum

With over 1 gigawatt of solar equipment supplied in South Africa in the past year, Trinasolar (www.Trinasolar.com) returns to the Africa Energy Forum (AEF) reaffirming its position as a long-term partner in Africa’s clean energy journey. At this year’s event in Cape Town, the company is spotlighting its next-generation solar and battery storage solutions, designed to withstand extreme weather, harsh environmental conditions, and evolving grid demands across the continent.

“As the energy crisis and climate volatility continue to impact South Africa and the broader African region, Trinasolar is focused on delivering real solutions that enable long-term energy security,” said Vincent Wu, Global Sales Vice President and MEA MU Head at Trinasolar. “Our high-efficiency PV modules and advanced energy storage systems are engineered to meet the challenging realities on the ground. Through our presence at AEF, we’re reinforcing our commitment to supporting Africa’s transition to a greener, more stable energy future; one built on innovation, resilience, and strategic collaboration.”

Taking centre stage is the launch of the Vertex N 630W (NED19RC.20), Trinasolar’s newest ultra-durable solar module. Tailored for Africa’s diverse and often unpredictable conditions, the module features reinforced mechanical design, anti-dust and corrosion-resistant components, and a record-breaking 55 mm hail resistance rating, which is more than double the industry standard.

Certified for fire safety and built to perform in environments rich in salt, ammonia, and sand, the module delivers a maximum power output of 630W and up to 23.3% efficiency. Its low-voltage, high-string design is compatible with leading inverters, while reducing system costs and installation time for commercial and utility-scale developers.

“We’re seeing strong momentum across the region, especially in the commercial, industrial, and utility-scale sectors where innovation and ease of installation matter,” said Zaheer Khan, Regional Director for South Africa, Trinasolar MEA. “Installers and partners are drawn to solutions like the Vertex N 630W, not just for its performance, but because it addresses real operational challenges in tough environments.

“In just the past year, Trinasolar has delivered over a gigawatt of technology solar equipment in South Africa alone,” Khan added. “It’s a milestone that reflects our growing footprint, trusted relationships, and long-term commitment to the region. And we’re just getting started.”

Trinasolar’s growing Africa portfolio includes solar modules, smart tracker systems, energy storage solutions, and floating PV technologies. These offerings are designed to meet the continent’s diverse energy needs with quality, flexibility, and integration at the core. With local presence in Johannesburg and Cape Town, and warehouse facilities in Durban that maintain 10–20 megawatts of stock for quick nationwide delivery, Trinasolar supports rapid deployment across the region. Its expanding footprint includes commercial engagement in Kenya, Nigeria, Morocco, and other strategic markets.

Over the past decade, Trinasolar has played a key role in shaping South Africa’s solar market—driving utility-scale projects, enabling C&I growth, and supporting the country’s path toward decentralisation and clean energy. As Africa’s energy transition accelerates, Trinasolar remains focused on scaling integrated systems, expanding local talent and operations, and collaborating closely with governments, utilities, and private sector partners to deliver long-term energy resilience.

Trinasolar will be exhibiting at Booth B15 at the Africa Energy Forum in Cape Town from 17–20 June, where its senior team will be available for business meetings and stakeholder discussions.

Distributed by APO Group on behalf of Trinasolar.

For media inquiries please contact:
Mariam Agag – PR Manager, Trinasolar MEA
Email: mariam.agag@trinasolar.com

Lojayne Mohsen – Senior Consultant, Fekra Communications
Email: lojayne.mohsen@fekracomms.com

David Gyampo, Account Manager – Razor PR
Email: david.gyampo@razorpr.co.za

About Trinasolar (688599. SH):
Founded in 1997, Trinasolar Co Ltd (stock symbol: Trinasolar; stock code: 688599) is engaged mainly in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. PV systems consist of power stations and system products. Smart energy comprises mainly PV power generation and operations and maintenance, smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. We are committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future.

On June 10, 2020, Trinasolar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE). It was the first PV and energy storage company to go public on the STAR Market providing PV products and systems, as well as smart energy. For more information, please visit www.Trinasolar.com.

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SARS clamps down on non-compliance in the fuel industry

Source: South Africa News Agency

The South African Revenue Service (SARS) is working with other law enforcement agencies to combat illicit fuel trade, which costs the fiscus approximately R3.6 billion per year.

In the past four months, the National Joint Operational and Intelligence Structure (NATJOINTS) has carried out several interventions.

A joint intelligence team, comprising SARS and South African Police Service (SAPS) officials, has identified 23 targets across Gauteng, Mpumalanga and KwaZulu-Natal.

In addition, 13 criminal cases were registered with SAPS, supported by SARS trade investigators, for customs and excise contraventions, and fraud. 

“The intelligence-driven joint enforcement interventions included search-and-seizure operations targeting certain fuel storage facilities and depots, as well as random sampling of tanker transport to test the fuel viscosity and composition. In some cases, adulterated diesel – analysed in these investigations – had up to 68% paraffin content,” SARS said.

Over the past decade, countries along the Maputo Corridor (South Africa, Eswatini and Mozambique) have become primary targets of the illicit fuel trade, which is driven by organised criminal networks that smuggle and illegally adulterate fuel. 

SARS has established that some importers declare fuel amounting to 40 000 litres or less, whereas investigations reveal that up to 60 000 litres of fuel are actually imported. 

“This is called under-declaration and documents are falsified to perpetuate this fraudulent activity. SARS has also detected a national trend, where many of the fuel-storage and distribution depots are involved in the adulteration of all fuel products, especially through illegal mixing of diesel with paraffin.

“Fuel adulteration costs the fiscus approximately R3.6 billion per year, according to statistics by the International Trade Administration Commission,” SARS said.

Faced with such carefully planned criminality, government agencies are working together more closely to detect, prevent and combat fuel adulteration, and enforce the Customs and Excise Act. 

SARS noted that the illicit economy is a global phenomenon that threatens South Africa’s society, economy, and national security.

“Tax evasion, smuggling, illegal transactions, illicit manufacturing and fraud undermine the rule of law, erode public trust, distort markets, deprive governments of revenue, and enable corruption and organised crime. 

“The pervasiveness of these illicit activities in our country demands that all enforcement agencies work jointly to curb their harmful practices. The illicit economy is complex and requires a whole-of-government response among public entities, the private sector, civil society, and international partners,” SARS said.

SARS Commissioner Edward Kieswetter expressed his appreciation to the SARS and SAPS teams and other government departments for their untiring efforts to detect, combat and prevent the scourge of the illicit economy. 

“The criminal syndicates engaged in these brazen acts have become emboldened to act callously, with no restraint, in pursuit of their rapacious and criminal gains.

“These syndicates can only underestimate our resolve to eradicate this criminality at their peril. These acts threaten the very foundation of our society. Our message is clear: we will spare no efforts to crush them,” the Commissioner said.

Kieswetter said State agencies will collaborate and work within the law to confront illicit trade. 

The joint intelligence team also found the following:

  • 953 515 litres of contaminated diesel fuel.
  • Six fuel depots that were in contravention of Sec. 37 of the Customs and Excise Act 91 of 1964, as amended.
  • Assets and contaminated fuel to the value of R367 274 330, leading to further investigation, and criminal and civil liabilities.
  • Two so-called fuel “washrooms”, one of which is a rare mobile “washroom” fitted on a transport truck, used to remove paraffin markers.
  • Twelve fuel transport trucks, which were identified after suspected false declaration on importation of an average of 15 000 litres of fuel per tanker. – SAnews.gov.za

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Private sector urged to use SAYouth.mobi to create more job opportunities

Source: South Africa News Agency

President Cyril Ramaphosa has called on businesses and other public sector entities to use SAYouth.mobi to provide more pathways for young people to earning and learning.

In his weekly newsletter, the President reflected that the country observed Youth Day on 16 June in tribute to the generations of young people who continue to inspire the ongoing pursuit for social justice, equality and opportunity for all.

“The private sector needs to use all available mechanisms, including the Employee Tax Incentive, to hire young people.

“South Africa’s young people deserve to lead lives of dignity. Unemployment is robbing far too many youths of this right. As government and business, let us continue to work together and do all within our means to empower young people to find jobs and create their own opportunities,” the President said. 

WATCH | Youth Day commemoration 

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President Ramaphosa said that if the country is to live up to the democratic promise for which so many sacrificed their lives, it is essential to invest in today’s generation of young people and unleash their potential.

Like many parts of the world, he highlighted that South Africa is grappling with high youth unemployment. 

“To overcome this challenge, we need an approach that includes investing in education and skills development, fostering youth entrepreneurship and implementing targeted employment programmes focusing on young people,” he said. 

As part of this work, government established the Presidential Employment Stimulus and the Presidential Youth Employment Intervention, initiatives that are providing opportunities to hundreds of thousands of young people at a time when not enough jobs are being created to absorb new entrants into the labour market.

Since it began in 2020, the Presidential Employment Stimulus has provided more than two million jobs and livelihood opportunities. Of the participants in the programme to date, 72% are young people and 66% are women.

A vital part of government’s efforts to empower young people is the SAYouth.mobi platform, which is a single point for unemployed young South Africans to access opportunities for work, training and learning.

There are now over 4.7 million young people registered on the SAYouth platform and the Department of Employment and Labour’s employment services database. Through these platforms, young people have been supported to access over 1.6 million earning opportunities.

“Last week in the City of Tshwane, I met with a number of young people who told me excitedly they had been approached by potential employers who had seen their profiles on SA Youth.mobi.

“I want to encourage young job-seekers to utilise this trusted recruitment platform at https://sayouth.mobi/. Registration is free and the app is zero rated, meaning you can access the site and its contents without incurring any data charges,” the President said. 

READ | Presidential Youth Initiative continues to empower SA’s most excluded youth

The President said government has also focused on providing workplace experience and on-the-job training. He added that young people have often expressed frustration around the onerous experience requirements from employers, which effectively serve as a barrier to entry for them. 

In 2019, government abolished the work experience requirement for entry level jobs in the public sector. Through the Youth Employment Service, a collaboration with the private sector, thousands of young people have been placed in workplace experience opportunities in a range of economic sectors.

“The extent and scale of the youth unemployment crisis means that we should not focus solely on placing more young people in formal, existing jobs, but that we must bolster skills development and foster an entrepreneurial culture.

“It is critical that we overcome the mismatch between the skills available in the workforce and market need,” he said. 

President Ramaphosa said this is why government is investing in vocational training. 

“We have increased funding to Technical and Vocational Education and Training (TVET) colleges and subsidies for the operationalisation of new campuses. Each year, we are placing thousands of learners and graduates into workplace experience opportunities.

“Entrepreneurship is a key economic growth driver, but rates of entrepreneurial activity in South Africa are relatively low compared to other countries. We are working to foster an enabling environment that allows more young people to become self-employed,” the President said. 

The Presidential Youth Employment Intervention has been working with the National Youth Development Agency and the Department of Small Business Development to financial and non-financial support to young people for their businesses.

“Through all of these initiatives, the state has supported millions of young South Africans with work opportunities, work experience and skills development. However, we can only vastly scale up the employment of young people with greater private sector involvement,” the President said. – SAnews.gov.za

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CORRECTION: CityBlue Hotels Announces Le Mirage Residences by CityBlue, The Tallest Branded Residences in East Africa

CityBlue Hotels, Africa’s fastest-growing local hotel chain, and SMB Properties, a leading property developer in Kenya, today announced a strategic partnership to launch the 256-unit Le Mirage Residences by CityBlue. This landmark collaboration will introduce a new paradigm of upscale residential living in Nairobi, with Le Mirage Residences by CityBlue poised to become one of Kenya’s tallest and most iconic towers.

The announcement, made at the prestigious Future Hospitality Summit Africa in Cape Town, marks a significant milestone for both entities and for Kenya’s real estate market. Le Mirage Residences by CityBlue will offer an unparalleled living experience, combining SMB Properties’ expertise in crafting exquisite residential spaces with CityBlue Hotels’ renowned hospitality management.

Le Mirage Residences by CityBlue, located in the prime Westlands area of Nairobi, is designed to cater to the discerning tastes of high-net-worth individuals and expatriates seeking premium living. The development will feature luxurious 1, 2, 3, and 4-bedroom apartments, complemented by an extensive array of 22+ world-class amenities.

These include over 52,000 sq. ft. of space dedicated to wellness, lifestyle, and recreational amenities. From Kenya’s highest rooftop infinity pool to a full-service spa, fully equipped gym, squash and pickleball courts, private cinema lounges, and dedicated children’s play areas, creating a vertical city concept that redefines urban luxury.

As Kenya is emerging as a prime investment destination in Africa, Le Mirage Residences by CityBlue presents a unique opportunity for investors to be part of this growth. With projected capital appreciation of up to 30% in 3 years after completion and ROI of up to 23%, the development combines lifestyle with long-term financial returns.

“This partnership demonstrates commitment to a relentless quest for footprint in key African markets and diversifying our offerings beyond traditional hotels,” said Jameel Verjee, CEO of CityBlue Hotels.

“Nairobi’s dynamic real estate landscape presents a unique opportunity to blend our expertise in hospitality with SMB Properties’ vision for luxury residential development. Le Mirage Residences by CityBlue will deliver the signature CityBlue experience, ensuring comfort, convenience, and unparalleled service for our residents.”

Taher Saleh, Managing Director of SMB Properties added, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya. We are proud to collaborate with CityBlue Hotels, a brand synonymous with excellence in hospitality, to create a landmark that will stand as a beacon of modern living in Nairobi. This project is a direct response to the growing demand for high-end residential properties in Kenya, and we are confident that its prime location, superior design, and comprehensive amenities will set new benchmarks in the market.”

The project is poised to be one of Kenya’s tallest residential towers, reflecting the nation’s ambitious growth and the increasing sophistication of its urban centers. Its strategic location in Westlands, a vibrant commercial and residential hub, ensures easy access to Nairobi’s business districts, diplomatic missions, and premier lifestyle destinations.

Distributed by APO Group on behalf of The Bench.

Contact:
For CityBlue Hotels:
Email: grow@citybluehotels.com

For SMB Properties:
Email: sales@smbproperties.co.ke

About CityBlue Hotels:
CityBlue Hotels is Africa’s fastest-growing local hotel chain, renowned for its customer-centric approach and commitment to providing world-class hospitality across Eastern and Western Africa’s major cities. With a focus on seamless, tech-supported experiences, CityBlue Hotels aims to redefine comfort and convenience for business and leisure travelers alike. The brand is dedicated to expanding its footprint and diversifying its offerings to meet the evolving demands of the African hospitality market.

About SMB Properties:
SMB Properties is a privately-owned luxury property developer based in Kenya, specializing in bringing to life residential projects designed with pristine detail for premium living. With a strong track record of delivering exquisite developments, SMB Properties is committed to transforming spaces into lifestyles, where prime locations meet unparalleled amenities. The company plays a significant role in shaping Kenya’s luxury real estate landscape, catering to discerning buyers seeking high-end finishes and world-class living experiences.

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