Category: South Africa Government

Posted on

South Africa stakes its claim as Africa’s digital and investment powerhouse

Source: Government of South Africa

South Africa stakes its claim as Africa’s digital and investment powerhouse

South Africa is positioning itself as the continent’s digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa’s growth story.

Speaking at the AFSIC – SA Investment Summit held in London on Wednesday, Deputy Minister in the Presidency Kenny Morolong said South Africa is “forging ahead, breaking new ground, and inspiring new ways”, despite persistent global economic headwinds.

“Resilience, reinvention and opportunity are the hallmarks of the South African story. We continue to reform, diversify, and digitise our economy, while driving investment into sectors that power inclusive and sustainable growth,” Morolong said.

Africa’s most diversified economy

With a gross domestic product (GDP) of about R7 trillion (€348.5 billion), South Africa remains Africa’s most globally integrated and diversified economy, underpinned by strong governance, modern infrastructure, and a sophisticated financial system.

The country hosts over 180 Fortune Global 500 companies and leads the continent in digital development. Its digital economy is projected to account for up to 20% of GDP by 2025, almost double its 2020 contribution, driven by rapid growth in fintech, e-commerce, and cloud services.

Exports stand at R2.04 trillion (€101.7 billion) against imports of R1.94 trillion (€97.1 billion) — a balance Morolong said reflects South Africa’s industrial depth and global competitiveness.

Morolong said digital infrastructure is now central to South Africa’s growth strategy, positioning the country as a regional hub for technology and data traffic.

He cited major investments in submarine cable systems such as Seacom 2.0, Equiano, 2Africa, and WACS, which connect South Africa to Europe, Asia and the Americas, as well as the country’s expanding 4G and 5G networks.

The data centre market is also booming, led by firms such as Teraco, Equinix, Africa Data Centres, Vantage, and NTT, which support cloud computing, artificial intelligence, and advanced analytics.

“Our infrastructure investments are laying the foundations of a continental digital corridor that powers innovation, trade, and job creation,” Morolong said.

Investment opportunities across sectors

The Deputy Minister outlined a series of growth opportunities for global investors across South Africa’s digital and green economies, including data centres and cloud services; broadband and last-mile connectivity; 5G-enabled smart infrastructure; e-commerce and logistics; fintech and digital payments; digital skills development, and renewable energy for ICT operations.

Morolong said government’s R900 billion infrastructure pipeline to 2027, together with policy certainty and regulatory reform, has strengthened investor confidence and created a “predictable, innovation-ready environment”.

He emphasised that South Africa’s geographic and economic position gives investors direct access to the African Continental Free Trade Area (AfCFTA) — a market of 1.3 billion consumers with a combined GDP of more than $3 trillion.

He said South Africa’s banking systems, fintech hubs, and ICT networks form a foundation for cross-border innovation and digital trade, with the country serving as both a hub and a launchpad for businesses expanding across Africa.

“As we invest in South Africa, we are also investing in Africa’s shared prosperity. We envision an Africa that trades not only in minerals and commodities, but in data, design, and digital value.”

‘Open and ready for partnerships’

Closing his address, Morolong said South Africa’s commitment to democratic stability, infrastructure renewal, and digital transformation makes it one of the most reliable investment destinations in the developing world.

“South Africa is not merely open for business — we are open and ready for sustainable partnerships.

“Together, we can shape a future where South Africa is not just the gateway to Africa, but the driving force of its digital and industrial renaissance.” – SAnews.gov.za

Edwin

250 views

Posted on

PRASA opens accommodation facility for students

Source: Government of South Africa

PRASA opens accommodation facility for students

The Passenger Rail Agency of South Africa (PRASA) has opened a modern 700-bed facility that provides affordable and conveniently located housing for students in Braamfontein, Johannesburg.

The launch of the facility through PRASA’s subsidiary Intersite, marks a significant milestone in the agency’s efforts to leverage its property portfolio for socio-economic development and sustainable rail operations.

The Lab Building Student Accommodation was established after the redevelopment of an underused office building owned by PRASA was transformed into a vibrant student accommodation hub. 

The 12-storey building houses students from surrounding institutions of higher learning that are located in close proximity to Johannesburg’s integrated public transport network as well as the retail precinct at PRASA-owned Johannesburg Park Station, ensuring access to mobility.

PRASA’s secondary mandate, led by Intersite, is to generate income from the exploitation of its acquired assets, including its vast property portfolio and real estate. 

The role of Intersite is to utilise PRASA’s non-rail assets to generate additional revenue for long-term sustainability of the business. The project is a co-development between Intersite and Elevated Fund.

“Through Intersite, we are reimagining the role of transport-linked properties as catalysts for social and economic progress. This project embodies that commitment, transforming underutilised buildings into a space that provides safe, affordable, and dignified accommodation for students who represent the future of our country,” PRASA Board Chair Nosizwe Nokwe-Macamo said on Tuesday.

The PRASA’s Rail + Property strategy aims to grow revenue to R2.5 billion by 2035. 

These are underpinned by Intersite’s execution in property development, co-investments, lease buybacks, and station precinct modernisation, among other initiatives, for future financial sustainability, renewable energy, and fibre optics to create lucrative revenues for future sustainability.

“Our task as the Board is to ensure that Intersite operates with commercial discipline, strategic agility, and developmental purpose, providing a true example of how State-owned entities can deliver both profit and public value,” Intersite Board Chair Ayanda Peter said. –SAnews.gov.za
 

nosihle

226 views

Posted on

SA Nuclear Energy Corp records R125m net profit

Source: Government of South Africa

SA Nuclear Energy Corp records R125m net profit

The South African Nuclear Energy Corporation (Necsa) has posted a net profit after tax of some R125.2m over the past financial year. 

The corporation presented its financial results for the financial year ended 31 March 2025 to Parliament’s Portfolio Committee on Electricity and Energy on Wednesday.

Necsa also received a clean audit opinion and achieved some 93% on its Shareholder Compact.

“The positive operational and governance results we witness today bear testimony to a hard-working team of employees and guidance from our oversight bodies and support of stakeholders. This is not a destination, but a good base to launch our growth plans centred on our mandate in nuclear research and growth on the back of a vision of developing nuclear technology for global prominence. 

“The strategy we started implementing in 2021 has served us well and we are now ready to move into a new strategy that will make Necsa sustainable well into the future, and contribute to South Africa’s socio-economic objectives. We look forward to cementing this achievement and improving even further,” Necsa Group CEO Loyiso Tyabashe said.

A turnaround strategy was implemented at the organisation in 2021.

“At the core of the strategy was financial sustainability, efficient operations and good governance. The radioisotopes subsidiary NTP posted good results amidst volatility in global markets, ending at a net profit after tax of R118.3 million and a clean audit.

“The fluorochemical subsidiary, Pelchem, ended on a negative net profit after tax at R29. 73m. [It has] however reduced its losses compared to the previous financial years and achieved an unqualified audit,” Necsa explained.

Looking ahead

Going into the future, the organisation is eyeing six high impact programmes aimed at cementing “Necsa’s role in the nuclear technology and development space, including the nuclear energy industry at large”.

“This will be done through the implementation of these programmes that include re-establishing the front-end nuclear fuel cycle; positioning itself in the development of small modular reactors (SMRs); extending the life of SAFARI-1, and building a new multipurpose nuclear research reactor (MPR); increasing its footprint for the radioisotope production and services; beneficiating fluorochemicals and stabilising that businesses, as well as capacitating and strengthening skills development for the nuclear industry and other industries in general. 

“These programmes will set Necsa on a growth path and allow South Africa to occupy centre stage in the global nuclear technology industry,” Necsa explained.

Last week during the G20 Nuclear Energy Ministerial Conference in Durban, Minister of Electricity and Energy Dr Kgosientsho Ramokgopa explained Necsa’s role in South Africa’s ambition to expand into nuclear energy.

“[We] will be making big announcements… post-Cabinet. We are close to that. Our ambition is to build a new job programme [of] at least initially the size of 5 000MW, and we think that we can derive the benefits of industrialisation and ensure that there is an exponential increase of the skills that are required to support that build programme.

“Necsa is a big part of the conversation. As we know, we are running a 60-year-old research reactor. We are looking for suitors or partners to help us to take it to another level. We have seen that there is an insatiable appetite from across the globe to partner and work with us,” the Minister said. – SAnews.gov.za

NeoB

175 views

Posted on

Premier highlights job creation and safety initiatives in W Cape

Source: Government of South Africa

The rapidly growing population of the Western Cape requires a stronger economy with significantly more job opportunities, says Western Cape Premier Alan Winde.

The Premier recently held an engagement with business owners and law enforcement officials in Cape Town. On Monday, Winde visited several thriving enterprises that are playing a key role in job creation and community development. 

Durbanville Tool Hire owner, Allistair Fisher, told the Premier of his plans to expand operations and increase his workforce to 30 employees.

“When businesses grow, so does our economy. The last time I interacted with Mr Fisher was during the COVID-19 pandemic, when he and his co-workers were facing challenges. 

“To see how this business has turned around since then, going from strength to strength, is a testament to the resilience of the Western Cape’s private sector,” Winde said.

In Stikland, Winde visited Kevin’s Coachworks, a long-standing panel beating business that has grown from three to 16 employees since opening its doors in 1991. 

The Premier’s next stop was an affordable housing project in Mitchells Plain, where Cape Town-based company, New Age Properties, is adding 50 new units to its 201-unit Watergate Village complex. 

The fully solar-powered development showcases the future-fit, mixed-use, affordable housing model the Western Cape Government has long championed. 

On a tour of the site, company owner Anver Essop shared plans to install more than 1 000 new solar panels in due course. 

“With more people moving to our province, we must accelerate infrastructure development that brings residents closer to opportunities. Projects like this show what is possible when government and business work together,” Winde said. 

The Premier noted that Mitchells Plain is developing rapidly, despite safety and crime challenges. 

“From affordable housing to upgrading transport and sanitation infrastructure, the City of Cape Town and private sector leaders are collaborating to drive investment and economic growth,” he added.

The Premier also toured a new retail development in Lentegeur. Once complete, the centre will employ up to 300 people. This is over and above the hundreds of jobs that were created during the construction phase. 

“Growth and job creation cannot thrive in communities that live in fear,” said Winde. 

He also met with management at the Mitchells Plain Police Station to discuss ongoing issues such as crime, gang violence, substance abuse, drunk driving, resource shortages, and the urgent need for collaboration among all stakeholders.

The Premier was accompanied by Western Cape MEC of Mobility Isaac Sileku, City of Cape Town Mayoral Committee Member for Safety and Security JP Smith, and officials from the provincial Department of Police Oversight and Community Safety. 

Together, they conducted a community walkabout with members of the Beacon Valley Neighbourhood Watch, South African Police Service (SAPS), and officers from the Law Enforcement Advancement Plan (LEAP).

“It breaks my heart that so many people live in fear of criminals and gangsters,” said the Premier. 

Winde said the recent murder of Yonke Pakade, an off-duty LEAP officer in Philippi, is a stark reminder that law enforcement officers are also vulnerable. 

On Tuesday, SAnews reported that Pakade, 26, and his 30-year-old female colleague were allegedly hijacked in Browns Farm on Saturday evening. 

The female officer managed to escape and alerted authorities. However, the body of her colleague was later found with stab wounds to the chest in the early hours of Sunday, 12 October 2025. 

The discovery was made at the Marikana informal settlement in Philippi East.

A team made up of the City of Cape Town’s Safety and Security Systems Management Unit, the SAPS organised crime unit, LEAP, and the Khayelitsha Tactical Response Team has successfully arrested four suspects connected to the incident.

“My thoughts are with Mr Pakade’s family and the ‘community in blue’, and the colleague who was with him during the attack. We owe it to them and our residents to keep fighting for better police resourcing. Safety and jobs go hand in hand – both are essential for a thriving Western Cape,” said Winde. – SAnews.gov.za

Posted on

Deadline looms for tax return submissions

Source: Government of South Africa

Thursday, October 16, 2025

The South African Revenue Service (SARS) Commissioner, Edward Kieswetter, has reminded non-provisional taxpayers to submit their annual income-tax returns by the deadline of 20 October 2025.

With only five days left before the deadline, 7 900 531 non-provisional taxpayers have already filed their tax returns, with more than 854 408 still outstanding. 

“SARS has made every effort to simplify and support the filing process. Through enhanced digital platforms, Auto Assessment, and accessible helplines, taxpayers have been empowered to meet their obligations with ease and efficiency,” the Commissioner said in a statement on Wednesday.

He urged all taxpayers not to abdicate their tax obligations as failure to submit a return by the deadline is a serious offence, and non-compliance can lead to administrative penalties and interest charges. 

“As part of our strategic focus to encourage voluntary compliance and enforce the law, SARS will continue to identify and act against those who do not meet their tax obligations,” said Kieswetter.

The Commissioner also extended appreciation to the 80% of taxpayers who have filed before the 20 October 2025 deadline. This includes about six million taxpayers who have been auto-assessed and received their refunds within 72 hours. 

This commitment to compliance plays a vital role in building a capable state and funding essential public services. The revenue service said that this is is making a difference in the lives of so many of our people.
“Many taxpayers wait until the last minute to file their returns, hoping to meet the deadline. However, rushing invites errors, misjudgements, unnecessary stress, and long queues at SARS branches. 

“SARS urges taxpayers to submit returns while there is still time to think clearly and avoid mistakes. Filing early protects taxpayers from penalties and ensures a refund, if due, which is payable in 72 hours,” Kieswetter said.

In the 2024 tax year, over 6.7 million non-provisional taxpayers filed their income-tax returns, including those who were auto-assessed. –SAnews.gov.za

Posted on

NDA commemorates World Food Day 

Source: Government of South Africa

The National Development Agency (NDA) is joining the global community in commemorating the United Nations’ World Food Day and International Day for the Eradication of Poverty – days that speak directly to the agency’s mandate to contribute towards the eradication of poverty in the country.

The month of October, which marks Social Development Month, seeks to review and strengthen social and development intervention programmes that mitigate challenges of poverty, unemployment, and inequality. 

Key to the commemorations is showcasing the role of civil society organisations in leading programmes that benefit communities, harnessing their skills and creating jobs.

The NDA said that a crucial aspect of this is the recognition of the importance of collaborative partnerships between government, the private sector, and civil society organisations to yield results on progressive rural economic activities.

This year, World Food Day, marked annually on 16 October, takes place under the theme “Hand in hand for better food and a better future.” The theme underscores the need for collective action across sectors and generations to build a peaceful, sustainable, and food-secure world.

As part of its contribution, the NDA, which is an agency of the Department of Social Development, is supporting several initiatives that demonstrate the power of local action. One such project is the Tshilimagana Agricultural Cooperative in the Vhembe District, Limpopo, which has been engaged in crop farming since 2010. 

With NDA grant funding, the cooperative has expanded into livestock farming, creating 64 permanent jobs, with employment rising to over 100 during peak seasons. The project supplies Tiger Brands with tomatoes to produce All Joy Tomato Sauce.

The NDA also highlighted the upcoming International Day for the Eradication of Poverty, observed annually on 17 October, held under the theme: “Ending social and institutional maltreatment by ensuring respect and effective support for families.”

Through a partnership with The Church of Jesus Christ of Latter-day Saints, the agency has bolstered operations at the Ivutomi Agricultural and Poultry Primary Cooperative in Tzaneen, Limpopo. 
Funding support has enabled the construction of a dam for water storage, the installation of irrigation systems, electricity, an office, perimeter fencing, and the purchase of agricultural inputs and equipment.
The cooperative is also hosting 24 students from a nearby Technical and Vocational Education and Training (TVET) college, providing them with much-needed practical skills in agriculture.

the agency’s chief operations officer, Susan Khumalo said that poverty and food insecurity are inseparable. 
“Across the country, we are engaged in interventions, through civil society organisations, that deliver skills development, job opportunities, and capacity building training that strengthen civil society organisations with not only governance issues but also ensuring that they create sustainable livelihoods for their communities.

“These two cooperatives are a clear example of what communities can achieve when they take charge of their own development,” Khumalo said. 

Khumalo further noted that poverty statistics remain high, but that this could be overcome if the public, private, and civil society organisations strengthened collaborations by pooling resources targeted at poverty eradication interventions.

Meanwhile, the Department of Agriculture is marking World Food Day in the Eastern Cape where it is donating food parcels.

READ | Agriculture commemorates World Food Day in the Eastern Cape 
– SAnews.gov.za

Posted on

President Ramaphosa suspends Inspector-General of Intelligence 

Source: Government of South Africa

Thursday, October 16, 2025

President Cyril Ramaphosa has suspended the Inspector-General of Intelligence, Imtiaz Fazel, pending the outcome of an investigation by Parliament’s Joint Standing Committee on Intelligence (JSCI) into his conduct.

This as the JSCI informed the President that it had received a complaint regarding the conduct of the Inspector-General, and that the committee would conduct an investigation in accordance with Section 7(4) and 7(5) of the Intelligence Services Oversight Act (Act 40 of 1994). 

Section 7(5) of the Act stipulates that “if the Inspector-General is the subject of an investigation by the (JSCI) in terms of subsection (4), he or she may be suspended by the President pending a decision in such investigation.”

“Mr Fazel has been suspended with immediate effect,” the Presidency said in a statement on Wednesday.

Appointed to the post in November 2022, Fazel’s five-year term is set to end in October 2027. 

The Inspector-General of Intelligence’s mandate includes monitoring and reviewing the operations of South Africa’s intelligence services the State Security Agency (SSA), Defence Intelligence Division of the South African National Defence Force (SANDF) and the Crime Intelligence Division of the South African Police Service (SAPS) to ensure they operate within the framework of the law and the Constitution. – SAnews.gov.za

Posted on

Agriculture commemorates World Food Day in the Eastern Cape 

Source: Government of South Africa

Thursday, October 16, 2025

With World Food Day (WFD) being commemorated today, the Department of Agriculture will donate food parcels and agricultural inputs to various projects and households in the Eastern Cape.

The food parcels and agricultural inputs will be donated to the community of KwaZakhele in Gqeberha.
Thursday’s food parcel drive is being held in collaboration with the Eastern Cape Department of Agriculture, and the Food and Agriculture Organization of the United Nations (FAO).

“The main objective of WFD is to promote global awareness and action for those who suffer from hunger, and to highlight the need to ensure a healthy diet for all. The National Food and Nutrition Security Survey (NFNSS) identified Eastern Cape as one of the provinces with a high number of food insecure households in the country,” said the department in a statement.

Commemorated under the theme: “Hand in Hand for Better Foods and a Better Future”, the WFD emphasises the importance of global collaboration and partnerships across governments, organisations, and communities to create peaceful, sustainable, and food-secure societies.

Masakheni Bomama Project and J. K. Zondi Primary School are among those who will be visited. Households in the area will also be visited culminating in visit to the Lilian Ngoyi Community Sports Centre. – SAnews.gov.za

Posted on

Keynote address by Deputy Minister in The Presidency, Kenny Morolong, on the occasion of the AFSIC – SA Investment Summit, London, United Kingdom

Source: President of South Africa –

Programme Director;
High Commissioner of South Africa to the UK, Mr Jeremiah Mamabolo;
Minister of Department of Public Works and Infrastructure, Mr Dean McPherson;
The entire South African Delegation;
The Investor Community;
Distinguished delegates;
Investors, Development partners;

Good morning.

It is with a great sense of privilege that I represent The Presidency of the Republic of South Africa at this conference: a platform that seeks to match African opportunity with global capital.

I bring you warm greetings from President Matamela Cyril Ramaphosa and from a nation that is proudly forging ahead, breaking new ground, and inspiring new ways, in spite of the many geopolitical and economic headwinds. 

Resilience, reinvention and opportunities for all, are the hallmarks of the unfolding South African story. It is a story of a country that continues to reform, diversify, and digitise its economy while driving investment into sectors that power sustainable and inclusive growth.

Programme Director,

South Africa remains Africa’s most globally integrated and diversified economy, with a Gross Domestic Product of approximately R7 trillion (about €348.5 billion). South Africa, hosts the continent’s most advanced and diversified digital economy. 

It has consistently proven itself as a trusted investment destination, with a diversified economy, strong governance, and over 180 Fortune Global 500 companies already headquartered in our country.

Its economy is underpinned by world-class infrastructure, a sophisticated financial services sector, and a rapidly expanding startup ecosystem.

The digital economy is projected to contribute between 15–20% of GDP in 2025, up from 8–10% in 2020, reflecting double-digit annual growth rates across e-commerce, fintech, and digital services.

Other sectoral contributions underpinning our economy are:

– Finance, Real Estate, and Business Services – 28%,
– Manufacturing – 17%,
– Trade, Catering, and Accommodation – 17%,
– General Government Services – 10%,
– Personal Services – 19%,
– Transport, Storage, and Communication – 9%.

South Africa’s merchandise exports are valued at approximately R2.04 trillion (€101.7 billion), and imports at R1.94 trillion (€97.1 billion). This trade balance reflects our diversified industrial base and global competitiveness.

Ours is an economy that offers great opportunities, where manufacturing, financial services, mining, agriculture, energy, and digital industries intersect to create a vibrant and investment ready environment.

Distinguished delegates,

Technological infrastructure significantly influences South Africa’s economic development by driving innovation, enhancing productivity, and improving access to global markets. However, its full potential is constrained by a persistent digital divide, especially between urban and rural areas.

Investment into tech infrastructure boosts several positive spin-offs, and that includes the following:

I. Boosts and promotes trade and investment:

– Enhances global integration: Reliable and high-speed ICT infrastructure is crucial for businesses to connect, trade, and compete internationally. South Africa is positioned as a regional digital hub, with submarine fibre optic cables providing high-speed international connectivity and attracting data center investments from global cloud providers like Amazon, Google, and Microsoft.

– Fosters e-commerce: Robust digital infrastructure supports the growth of e-commerce, allowing businesses of all sizes to reach broader markets. During the COVID-19 pandemic, this sector accelerated rapidly, driving sales for major platforms like Takealot.

– Attracts foreign investment: High-quality ICT infrastructure is a key factor for foreign companies looking to invest and set up operations in the country. A favourable digital environment supports the growth of technology hubs and startups, attracting venture capital. 

II. Driving job creation and innovation:

– Supports a growing digital economy: As a major ICT market in Africa, South Africa’s tech sector is a significant contributor to the nation’s GDP and a source of new jobs. The platform economy, including services like Uber Eats and Mr. D, is also a rapidly growing source of employment.

– Fosters an entrepreneurial ecosystem: Reliable connectivity and access to digital tools enable small and medium-sized enterprises (SMEs) to innovate, streamline operations, and overcome geographical barriers to market entry. Tech hubs in cities like Cape Town and Johannesburg nurture startup ecosystems in fields such as fintech, health tech, and edtech.

– Increases productivity: Technology drives efficiency across all sectors of the economy. For instance, the Internet of Things (IoT) is used in mining, agriculture, and manufacturing to monitor and optimise operations. 

III. Improving public services and social inclusion:

Enhanced digital infrastructure allows for the digitisation of public services, such as health, education, and social grants. E-government services improve accessibility, transparency, and administrative efficiency for citizens, especially in remote areas.

– Enables skills development: The expansion of digital infrastructure and e-learning platforms helps to upskill the population, equipping them with the digital skills necessary to participate in the modern economy.

– Boosts financial inclusion: Digital payment systems and mobile banking allow unbanked and underbanked populations to access financial services, fostering entrepreneurship and economic activity.

Programme Director,

South Africa has invested significantly in digital infrastructure, anchored by submarine cable systems such as Seacom 2.0, Equiano, and 2Africa, which connect the country to Europe, Asia, and the Americas. These cables, together with the West African Cable System (WACS), position South Africa as a regional hub for digital traffic. 

Our State-owned digital infrastructure company, Broadband Infraco, is a Tier-1 investor and responsible for supporting 70% of key projects of national interest, as well as extensive terrestrial fibre networks. It plays a strategic role in ensuring sustainable and cost-effective international bandwidth for Government and national projects, while also extending connectivity into all neighbouring SADC countries. 

The expansion of 4G and 5G networks, coupled with last-mile connectivity initiatives such as SA Connect, continues to drive access, affordability, and digital inclusion.

The data centre market is also expanding rapidly, with facilities established by Teraco, Equinix, Africa Data Centres, Vantage, and NTT. These hubs are critical to supporting hyperscale cloud services, big data analytics, and artificial intelligence applications, ensuring South Africa’s competitiveness in the global digital economy.

Ladies and gentlemen,

South Africa has one of the largest and most advanced information and communications technology (ICT) markets in Africa, firmly positioning itself as a technological and innovation hub for the continent. The sector spans software development, hardware manufacturing, telecommunications, cybersecurity, digital services, fintech, and digital payments. It is a growing contributor to GDP and is recognised as both sophisticated and rapidly developing.

Several international corporations have established African headquarters or subsidiaries in South Africa, including IBM, Google, Microsoft, Intel, SAP, Dell, Amazon Web Services, Novell, Meta, and HP. 

These firms view the country as a regional hub and a supply base for the region. In parallel, South Africa is home to vibrant startup communities in Cape Town and Johannesburg, with active ecosystems in fintech, healthtech, edtech, and agritech that are attracting increasing amounts of venture capital.

Distinguished delegates,

E-commerce has become one of the fastest-growing segments of the digital economy. Sales reached $4.1 billion (R71 billion) in 2023, up 29% from 2022, driven by local platforms such as Takealot, Superbalist, and OneDayOnly, as well as the entry of global players like Amazon, Alibaba, Shein, and Temu. Food delivery platforms such as Uber Eats and Mr D have further embedded digital consumer behaviour, particularly in urban areas.

Cloud computing is projected to grow at an annual rate of 25% in 2025, while the number of IoT connections is expected to rise to 43 million by 2025 this will be up from 17 million in 2020, enabling new efficiencies in manufacturing, agriculture, and logistics.

For its part, the South African Government has set four national priorities:

– Universal access to internet – extend high-speed broadband to all households and schools, leveraging submarine cables, national fibre, and last-mile solutions (5G, fixed wireless, satellite).

– Digital skills development – expand intermediate and advanced skills through national training programmes and talent visas to support innovation.

– Productive digital use – shift usage from social media to e-commerce, e-government, and digital finance, raising GDP impact.

– Supportive environment for investment and innovation – continue spectrum licensing, improve regulatory clarity for AI and cybersecurity, and streamline approvals for infrastructure projects.

South Africa’s combination of having the most advanced banking systems on the continent, fintech hubs, ICT infrastructure, and data centres provides a springboard for scaling innovation across the AfCFTA.

It is uniquely positioned to enable the next generation of integrated, cloud-based platforms that connect banks, fintechs, regulators, and entrepreneurs across the continent through shared and secure digital infrastructure.

Africa’s digital economy is projected to reach $712 billion by 2050, supported by over 1.1 billion mobile money accounts and a young, connected population. By leveraging its comparative advantages, South Africa is poised to serve as both a regional digital hub and a gateway for AfCFTA-driven digital trade and investment.

Delegates,

I am certain that you now want to know: what are the available opportunities in South Africa’s Digital Economy and Tech Infrastructure?

– Data Centres and Cloud Services: South Africa offers significant opportunities in the expansion of hyperscale and edge facilities, with growing demand for renewable-powered operations and interconnect platforms.

– Metro Fibre and Last-Mile Broadband: Investors can participate in closing the rural and township connectivity gap through fibre networks, 5G fixed wireless solutions, and satellite technologies.

– 5G Rollout and Smart Infrastructure: The rollout of 5G enables new opportunities in industrial IoT applications across mining, manufacturing, and agriculture.

– Digital Trade and Government Services: There is strong potential to invest in e-customs, licensing, digital identity, and trade-tech platforms aligned with AfCFTA integration.

– Fintech and Digital Payments: The market continues to expand in mobile wallets, merchant acquiring, SME credit, and cross-border payment services.

– E-Commerce and Logistics Enablement: Growth in online retail is driving investment opportunities in warehousing, fulfilment centres, and last-mile logistics.

– Digital Skills and Talent Platforms: There is demand for scalable training and certification in areas such as cloud computing, cybersecurity, artificial intelligence, and data science.

– Renewable Energy for Digital Infrastructure: Linking renewable energy generation to data centres and telecom towers creates opportunities to stabilise operations while meeting ESG requirements.

Why should you invest in South Africa?

There are five enduring reasons for investors choose South Africa, despite the economic headwinds.

1. Infrastructure – With R900 billion committed to transport and energy infrastructure by 2027, our logistics ecosystem is among the most advanced in Africa.

2. Market Access – As the most industrialized economy in Africa, South Africa provides a natural entry point to the AfCFTA’s 1.3 billion consumers and the SADC region’s integrated markets.

3. Presence of Multinationals – Over 180 Fortune Global 500 companies operate in South Africa, and half of all multinationals headquartered in Africa are based in our country.

4. Human Capital – A young, tech-savvy population and world-class universities make South Africa an ideal location for digital talent and R&D.

5. Policy Certainty – Our Economic Reconstruction and Recovery Plan, coupled with investment-friendly reforms, ensures stability and predictability for investors.

The rule of law and our stable democratic system provides sufficient tailwinds to propel the growth and stability of our economy.
.
Ladies and gentlemen,

As we invest in South Africa, we are also investing in Africa’s shared prosperity. Through AfCFTA, we are driving regional industrialisation, digital trade, and green growth.

We envision an Africa that trades not only in minerals and commodities but in data, design, and digital value. South Africa’s partnerships across energy, logistics, and technology are guided by this vision: to build a better Africa, and a better world.

Programme Director,

South Africa is not merely open for business: we are open and ready for sustainable partnerships. We invite investors to join us in transforming African markets through digital innovation, infrastructure connectivity, and sustainable industry.

As we stand at the intersection of the digital and green revolutions, let us together shape a future where South Africa is not just the gateway to Africa, but the engine of Africa’s digital and industrial renaissance.

Thank you very much!

Posted on

Celebrating and protecting South Africa’s elderly   

Source: Government of South Africa

 The introduction of the Older Persons Amendment Bill speaks to government’s resolve to ensure the safety of all South Africa’s citizens, including the elderly.

The Bill amends the Older Person’s Act of 2006 with the aim of strengthening the protection, care, and services provided to older people.

South Africa recently  commemorated the annual Older Persons Week from 26-02 October 2025 to honour the efforts of our elders in society. The commemorative week sought to raise awareness about the issues that impact the elderly and the fact that it has been concluded, should not spell the end of society’s focus on those most consider as our “treasures”.

While the President is yet to assent to the Bill, hard work has been put into it to ensure that older persons— defined in the Bill as anyone aged 60 years or older – are protected from all forms of abuse, including physical, emotional, sexual, and economic abuse, among others.

In addition, the new Bill states that courts must share offender details with the Minister in order to update the abuse register. For the further protection of the elderly, the Bill permits the removal of an older person to temporary safe care without a court order if the person is in immediate danger, provided that a court order is obtained within 48 hours thereafter.
It also adds that older persons be protected against harmful practices, including those related to witchcraft accusations, which may affect their health, dignity, and welfare.

The amendments demonstrate that government is conscious of the fact that senior citizens are prone to abuse, an anomaly that it has continued to denounce.

Many will recall the disturbing video that circulated on social media platforms of a young man allegedly assaulting his grandmother in June last year.  Earlier this year, six caregivers appeared in court in the Free State for allegedly assaulting an 81-year-old woman at a retirement care centre.

It is also disheartening to hear reports of the elderly being robbed of their pension money by some community members and even relatives. The mistreatment of senior citizens in some cases also extends to them being deprived of their daily meals.

Such cruelty is incomprehensible for the gogos and mkhulus who have played a vital role in raising many of the country’s youth. Through their state-funded old-age pensions and stokvel money, they provided everything from sweet and sticky childhood treats to necessities in the form of school essentials and clothing – all made possible through the sacrifices of the elderly. 

Given the high unemployment rate, many a grandmothers and grandfathers continue to share their social grants with their children and grandchildren.

Such incidents where the elderly are not treated with respect, fly in the face of the constitutional mandate that no person should be unfairly discriminated against on grounds such as race or age. These alleged acts also show little regard for the 2006 legislation, which establishes a framework for the empowerment and protection of older persons, as well as the promotion and maintenance of their status, rights, well-being, safety and security – the very legislation that the current Bill seeks to amend.

Government also makes provision for the elderly by providing free essential services such as healthcare, housing and energy across the various municipalities. 

However, how we treat the elderly is a direct reflection of the state of our society. Failing to protect them as they grow frail reveals a lack of regard for the wisdom and institutional memory that they hold. 

While some in society may hold the view that the elderly are less important because they “are over the hill”, no longer working, or frail and sickly, we can never stop caring for them. Tradition teaches us that some of our blessings come from the elderly. 

In a country with a largely youthful population, with Statistics South Africa (Stats SA) data showing that 27.5% of the population is younger than 15 years (16.8 million), legislation like the Older Person’s Amendment Bill indicates that government is mindful of a future in which where there will be more elderly people within communities.

Further Stats SA data in the 2024 Mid-Year Population Estimates points out that about 9.7% (6.13 million) of the population is 60 years or older with the proportion of the elderly increasing over time. 
Elders possess a wealth of knowledge that is not always written down, including stories of loved ones who have passed on and places they have been to. Often, this is information that cannot be found in any textbook. 

Caring for the elderly must be an everyday occurrence, not something observed only in October when Older Persons Week or Social Development Month is commemorated. It also need not matter whether an older person is one’s relative or not.  

As the late former President Nelson Mandela once said:  “A society that does not value its older people denies its roots and endangers its future. Let us strive to enhance their capacity to support themselves for as long as possible and, when they cannot do so anymore, to care for them.”

One can cook for them, make them endless cups of tea, mow their lawn or drive them to their doctor’s or clinic appointments, or simply spend time with them to make them feel appreciated and loved.

We are who we are today because of the sacrifices that our elderly have made. As their hands become wrinkly and their hair turns grey, we owe it to them not only to care for them, but to also lend a listening ear as their advice is priceless.

While their wisdom cannot be measured in rands and cents, it is crucial for a country’s cultural preservation and development.  –SAnews.gov.za

Neo Semono is a Features Editor at SAnews.gov.za