Afreximbank célèbre la fin de mandat du Professeur Benedict Oramah

Source: Africa Press Organisation – French

La Banque Africaine d’Import-Export (Afreximbank) (www.Afreximbank.com), basée au Caire, en Égypte, a rendu hommage au Professeur Benedict Okey Oramah à l’occasion de la fin de son mandat à la tête de la Banque et du Conseil d’administration, au cours d’une conférence consacrée à son héritage institutionnel. À cette occasion, le Président sortant a rappelé avoir fait de la promotion du commerce et de l’investissement intra-africains l’axe principal de la stratégie de la Banque dès son entrée en fonction, convaincu qu’il s’agissait de la seule voie viable pour le développement et l’émancipation économique du continent africain.

La conférence d’adieu, à laquelle ont assisté plus de 2 000 invités, a réuni des chefs d’État, d’anciens chefs d’État, des chefs de gouvernement, des représentants d’institutions venus de tout le continent africain et des Caraïbes, des chefs d’entreprises africains de premier plan, tous les anciens présidents d’Afreximbank, le futur Président de la Banque, les membres du Conseil d’administration, les actionnaires, le personnel actuel et ancien, ainsi que des amis et des proches du Professeur Oramah et d’Afreximbank, sans oublier de nombreux autres dignitaires.

« Notre philosophie est née de la conviction que la seule voie viable pour le développement et l’émancipation économique de l’Afrique consistait à renverser agressivement la stratégie coloniale du “diviser pour régner” et du “diviser pour conquérir”, qui, pendant des décennies, ont maintenu l’Afrique et les populations d’ascendance africaine dans le désespoir et la détresse. », a déclaré le Professeur Oramah dans son allocution d’adieu.

« En conséquence, notre philosophie reposait sur l’idée que le moteur du développement africain devait être alimenté de l’intérieur, car des centaines d’années d’histoire ont démontré que les intérêts extérieurs ont été pour la plupart prédateurs et parasitaires, sauf lorsque ce moteur était impulsé à partir d’une position de force et de détermination », a-t-il expliqué.

Le Professeur Oramah a ajouté que, parce qu’Afreximbank a combattu sur tous les fronts, « nous pouvons aujourd’hui désigner des changements concrets opérés par la Banque ; nous pouvons désormais citer ces structures institutionnelles et ces interventions nouvelles qui se sont ajoutées comme des forces formidables dans l’arsenal de l’Afrique dans sa lutte pour une véritable autodétermination – des réalisations qui n’étaient encore que des rêves et des aspirations il y a dix ans ».

Pour sa part, le Dr George Elombi, nouveau Président d’Afreximbank, a décrit son prédécesseur comme « l’un des rares dans le monde, les 0,8 %, qui allient vision et capacité d’exécution ». Selon lui, c’est sous la direction du Professeur Oramah qu’Afreximbank et ses partenaires ont bâti une base solide pour renforcer le commerce intra-africain et le développement industriel.

« Des instruments ont été créés pour démanteler les obstacles qui ont freiné les progrès de l’Afrique pendant près de sept décennies depuis l’indépendance. Il a affronté de front les défis du sous-développement industriel de l’Afrique, s’appuyant sur le travail de ceux qui l’ont précédé », a déclaré le Dr Elombi, selon qui, Afreximbank est désormais l’une des principales institutions financières multilatérales qui dirigent les efforts de développement du continent, notamment dans la mise en œuvre de la Zone de libre-échange continentale africaine (ZLECAf) et la transformation du paysage industriel du continent. « Oramah a transformé des décennies et des siècles de vœux politiques en gains tangibles pour tous les Africains. », a-t-il ajouté.

Le mandat de dix ans du Professeur Oramah, qui a débuté en septembre 2015, a vu le bilan et les garanties d’Afreximbank croître presque huit fois, passant de 6 milliards de dollars US à près de 44 milliards de dollars en septembre 2025. Il a également vu l’introduction et la mise en œuvre de produits, programmes et initiatives d’envergure, spécifiquement conçus pour relever les défis du commerce et de la croissance économique de l’Afrique, contribuant à consolider la position d’Afreximbank comme première institution africaine de financement du commerce.

Au cours de son mandat, le soutien d’Afreximbank a joué un rôle déterminant dans la mise en œuvre anticipée de la ZLECAf. Le Système panafricain de paiement et de règlement (PAPSS), soutenu par une facilité de compensation et de règlement de 3 milliards de dollars, est devenu opérationnel dans 20 pays, permettant aux États africains d’effectuer des échanges commerciaux transfrontaliers dans leurs propres monnaies locales.

Le Fonds d’ajustement de la ZLECAf, soutenu par un engagement de 1 milliard de dollars d’Afreximbank et un partenariat avec le Secrétariat de la ZLECAf, permet aux États participants de s’adapter de manière ordonnée au nouveau régime commercial.

La Foire commerciale intra-africaine biennale, introduite par Afreximbank en 2018, s’attaque au problème de l’accès limité à l’information sur le commerce et l’investissement en Afrique et a, en quatre éditions, attiré plus de 170 milliards de dollars en accords commerciaux et en investissements, ainsi que 180 000 visiteurs.

Par ailleurs, la plateforme numérique Africa Trade Gateway tire parti des technologies digitales pour lever les barrières informationnelles, tandis que les Centres du commerce africain qui ont vu le jour à travers le continent offrent des plateformes solides pour la diffusion d’informations sur le commerce et l’investissement intra-africains.

Dans le domaine des normes, les centres d’essais et de certification de la Banque ont permis l’harmonisation d’environ 500 normes pour les produits pharmaceutiques et équipements médicaux, l’agriculture, l’automobile, le textile, etc., facilitant ainsi le commerce intra-africain. La Banque continue de construire de nouveaux centres à travers l’Afrique afin d’assurer la mise en œuvre effective des normes qu’elle a contribué à harmoniser.

En collaboration avec le Secrétariat de la ZLECAf et le COMESA, Afreximbank a lancé le Régime africain de garantie de transit collaboratif, soutenu par 1 milliard de dollars de garanties, afin de lever les obstacles à la circulation des marchandises à travers les frontières.

En outre, Afreximbank soutient le développement de parcs industriels et de zones économiques spéciales à travers l’Afrique, favorisant la création d’exportations nouvelles, notamment avec l’émergence de grandes industries telles que la raffinerie et le complexe pétrochimique Dangote au Nigéria.

De manière tout aussi importante, le travail de la Banque a ravivé les liens socio-culturels et économiques entre l’Afrique, la CARICOM et la diaspora africaine, et la mise en œuvre des projets de Centres médicaux d’excellence africains a ouvert la voie à un accès élargi à des soins de santé de qualité pour de nombreux Africains.

Parmi les autres réalisations significatives, on peut citer l’intervention d’Afreximbank pendant la pandémie de COVID-19, lorsque la Banque a décaissé plus de 10 milliards de dollars pour permettre à l’Afrique de se défendre par ses propres moyens, et a mobilisé 2 milliards de dollars supplémentaires pour permettre à l’Afrique et aux Caraïbes d’acquérir des vaccins contre le COVID-19.

En outre, sous la présidence du Professeur Oramah, Afreximbank a récemment lancé la Société africaine de commerce et de distribution (ATDC), une institution mise en place pour relever les défis logistiques du commerce transfrontalier sur le continent.

La conférence dédiée à son héritage a également été marquée par des témoignages et des hommages rendus par le personnel d’Afreximbank, d’acteurs du monde des affaires, des dirigeants politiques, des amis et des personnalités de divers horizons ayant été influencés par le travail du Professeur Oramah.

Distribué par APO Group pour Afreximbank.

Contact Presse :
Vincent Musumba
Responsable des communications et de la gestion événementielle (Relations presse)
Courriel : press@afreximbank.com

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À propos d’Afreximbank :
La Banque Africaine d’Import-Export (Afreximbank) est une institution financière multilatérale panafricaine dédiée au financement et à la promotion du commerce intra et extra-africain. Depuis 30 ans, Afreximbank déploie des structures innovantes pour fournir des solutions de financement qui facilitent la transformation de la structure du commerce africain et accélèrent l’industrialisation et le commerce intrarégional, soutenant ainsi l’expansion économique en Afrique. Fervente défenseur de l’Accord sur la Zone de Libre-Échange Continentale Africaine (ZLECAf), Afreximbank a lancé les le Système panafricain de paiement et de règlement (PAPSS) qui a été adopté par l’Union africaine (UA) comme la plateforme de paiement et de règlement devant appuyer la mise en œuvre de la ZLECAf. En collaboration avec le Secrétariat de la ZLECAf et l’UA, la Banque a mis en place un Fonds d’ajustement de 10 milliards de dollars US pour aider les pays à participer de manière effective à la ZLECAf. À la fin de décembre 2024, le total des actifs et des garanties de la Banque s’élevait à environ 40,1 milliards de dollars US et les fonds de ses actionnaires s’établissaient à 7,2 milliards de dollars US. Afreximbank est notée A par GCR International Scale, Baa2 par Moody’s, AAA par China Chengxin International Credit Rating Co., Ltd (CCXI), A- par Japan Credit Rating Agency (JCR) et BBB par Fitch. Au fil des ans, Afreximbank est devenue un groupe constitué de la Banque, de sa filiale de financement à impact appelée Fonds de développement des exportations en Afrique (FEDA), et de sa filiale de gestion d’assurance, AfrexInsure, (les trois entités forment « le Groupe »). La Banque a son siège social au Caire, en Égypte.

Pour de plus amples informations, veuillez visiter www.Afreximbank.com

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Private sector invited to help modernise South Africa’s rail network

Source: Government of South Africa

In a move to ensure that the country’s rail passenger trips target of 600 million by 2030 is achieved, government has released a series of Requests for Information (RFI) for ideas and investment from the private sector to modernise and grow South Africa’s rail system.

“Participation in the RFI process will assist the organisation to gather information, innovative ideas, and solutions which will guide future Requests for Proposals for private sector investment in the passenger rail sector,” Minister of Transport Barbara Creecy said on Sunday in Pretoria.

The request covers a range of different areas, including fare collection systems; depot management; utilisation and the commercialisation of the Passenger Rail Agency of South African (PRASA) fibre network to enhance digital connectivity.

It also includes operational resilience within the rail sector and beyond, as well as insights and innovative ideas for a new era of long distance regional rapid transit.

By the end of May 2025, PRASA had successfully commissioned 35 out of 40 passenger corridors and had achieved an annual audited figure of 77 million passenger journeys.

“To continue on the recovery path, PRASA requires additional investment that cannot be carried by the fiscus alone. These RFIs are not tenders — they are an invitation for the market to help us design the future of rail. Together, we can rebuild confidence in public transport, open up investment opportunities, and connect South Africans to the growth we all deserve,” the Minister said during a media briefing.

As part of efforts to modernise the passenger rail system, South Africa is moving towards a single, tap-and-go ticket that you can use across trains, buses, and even taxis.

“No more queues or paper tickets — just one account-based system that makes travel easier and helps us manage revenue transparently and efficiently. The private sector has an important role to play to make this a reality.

“We’re partnering with the private sector to modernise our major maintenance depots at Braamfontein and Wolmerton. This will mean faster train repairs, better reliability, and new investment in nearby areas — creating jobs and boosting local development. It is for this reason that the private sector participation is of paramount given the magnitude of this project,” Creecy said.

PRASA is rolling out thousands of kilometres of fibre[1] optic cable as part of its new signalling system along the railway lines.

“We’re opening this door for private partners to help us turn that network into a source of income — by offering broadband and digital services — while strengthening safety and real-time communication across the rail system.

“We’re planning a new generation of regional trains — faster, safer, and more  frequent — connecting cities like Pretoria, Johannesburg, Polokwane, Musina, Mbombela and Durban using our existing network up to 120 kilometres per hour, building new 160 to 200 kilometres per hour regional lines, and testing the water for a new 300-kilometre-per-hour high-speed railway between Johannesburg and Durban,” she said.

These lines will shorten travel times, reduce travel costs, take pressure off the roads, and stimulate new development in towns along each route. 

“These regional projects are not possible without private sector partnership. Through this RFI, we’re inviting skilled private operators to lease and manage our new and old fleet under clear performance standards — keeping them safe, reliable, and on time.

“PRASA’s new blue trains, built at the Gibela factory in Nigel, are world-class. We also have older yellow trains that can be repurposed for new uses,” the Minister said.

At the same time, government is partnering with manufacturers to position South Africa as Africa’s leading train builder — creating jobs, boosting local manufacturing, and turning the country into a regional export hub, in line with the African Union’s 2015 resolution.

“The rail and port freight RFI process is part of our broader Freight Logistics Roadmap, which seeks to restore efficiency, reliability, and competitiveness in the movement of goods across our economy.

“It also reflects the government’s commitment to implementing the National Rail Policy (2022), the National Ports Policy, and the Private Sector Participation Framework (2023), all of which recognise the critical role of partnerships with the private sector in revitalising our transport infrastructure,” Creecy said.

Both policies maintain public ownership of the rail and port network while promoting private sector investment to enhance efficiency and effectiveness.

“The RFI process is a critical step in this private sector participation journey and reflects the government’s acknowledgement of the importance of considering the rail passenger and freight logistics landscape from the perspectives of all interested and affected parties to develop effective and sustainable solutions,” the Minister said.

The RFI must be completed online, and the portal will remain open from 26 October 2025 to 15 December 2025.

The portal can be accessed on the Department of Transport and the Development Bank of Southern Africa (DBSA) websites or directly at www.psp-rfi.co.za.

The Passenger Rail RFI will remain open for a period of eight weeks. –SAnews.gov.za

Clarification regarding reports that a rocket was launched in the vicinity of United Nations Support Mission in Libya (UNSMIL) compound

Source: APO


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The United Nations Support Mission in Libya (UNSMIL) has received reports that a rocket was launched in the vicinity of its compound during the briefing of the Special Representative of Secretary-General, Hanna Tetteh, to the Security Council. The Mission’s premises were not impacted. UNSMIL acknowledges with appreciation the vigilance of the Libyan authorities and their swift measures to thoroughly investigate this incident and ensure continued security of UN facilities. UNSMIL reiterates its unwavering commitment to supporting Libya’s efforts toward peace, stability, and the rule of law.

Distributed by APO Group on behalf of United Nations Support Mission in Libya (UNSMIL).

Eskom maintains over 98% electricity supply reliability

Source: Government of South Africa

During the current financial year, Eskom has ensured a consistent electricity supply for over 98% of the time due to the ongoing technical improvements achieved under the power utility’s Generation Recovery Plan.

As a result of this work, the power system continues to be stable, resilient and reliable with the plan yielding sustained grid stability and on-going efficiencies.

The country has gone 161 consecutive days without loadshedding, with only 26 hours recorded between 1 April and 23 October 2025.

“Generation performance has improved significantly, with the Energy Availability Factor (EAF) having reached 70% and surpassing this level more than 24 times since August 2025.

“From 1 to 23 October 2025, the Unplanned Capability Loss Factor (UCLF)—which measures the percentage of generation capacity lost due to unplanned outages—reduced to 22.85%, reflecting a 2.81% improvement compared to 25.66% during the same period last year,” Eskom said on Friday.

The Planned Capacity Loss Factor (PCLF), which accounts for planned maintenance, increased to 12.55%, up from 12.51% recorded the previous year. 

The increased planned maintenance is aligned with Eskom’s maintenance schedule and ongoing efforts to improve and maintain plant reliability and operational consistency.

During the period between 10 and 23 October 2025, Eskom recorded an average of 9 954MW in unplanned outages—an improvement from 11 155MW during the same period last year. 

“This year-on-year reduction of 1 201MW in breakdowns reflects the growing reliability and resilience of the generation fleet.

“From 1 to 23 October 2025, the EAF stood at 64.28%, an improvement from the 61.44% recorded during the same period last year. This shows an improvement of 2.84% because of reduced unplanned outages and additional generation capacity,” the power utility said.

From 1 April to 23 October 2025, diesel expenditure remained consistently below budget, reflecting reduced reliance on the country’s diesel-powered Open-Cycle Gas Turbine (OCGT) fleet, with the year-to-date load factor further decreasing to 6.06%. 

According to Eskom, this trend highlights ongoing efficiency improvements, a significant reduction in dependence on diesel generation, and a sustained shift toward more cost-effective primary generation sources.

To further strengthen grid stability, Eskom is planning to return a total of 1 715MW of generation capacity to service ahead of the evening peak on Monday, 27 October 2025, and throughout the coming week.

Eskom published the Summer Outlook on 5 September 2025, covering the period 1 September 2025 to 31 March 2026, which forecasts no loadshedding due to the structural progress in plant performance as a result of the ongoing implementation of the Generation Recovery Plan. –SAnews.gov.za

African Export-Import Bank (Afreximbank) Celebrates Outgoing President and Chairman

Source: APO

African Export-import Bank (Afreximbank) (www.Afreximbank.com) in Cairo, Egypt, marked the end of the tenure of Prof. Benedict Okey Oramah as its President and Chairman of the Board of Directors, with a legacy conference where the outgoing President announced that he made the promotion of intra-African trade and investment the arrowhead of the Bank’s strategy when he took office because of a conviction that was the only viable path forward for Africa’s development and economic emancipation.

The Farewell conference, attended by more than 2,000 guests, attracted heads of state, former heads of state, other government leaders and representatives from across Africa and the Caribbean, top African business leaders, all former Afreximbank Presidents, Afreximbank President designate, members of the Bank’s Board of Directors, shareholders, serving and former staff members, friends and family of Prof. Oramah and Afreximbank as well as a host of other dignitaries.

In a farewell address, Prof. Oramah stated: “Our philosophy was borne out of the conviction that the only viable path forward for Africa’s development and economic emancipation was one that would aggressively reverse-engineer the colonial strategy of ‘divide-and-rule’ and ‘divide-and-conquer’ that had, for decades, pinned Africa and people of African descent down in the dustbin of despair and desperation.”

“Accordingly, our philosophy was that Africa’s development dynamo must be powered from within, as hundreds of years of history, had shown us that external interests had been mostly predatory and parasitic, unless engaged from a position of strength and purpose,” he explained.

Prof. Oramah added that, because Afreximbank fought on all fronts, “we can point to tangible differences the Bank has made; we can now point to those things that now exist, those new institutional arrangements and interventions that have now joined as formidable forces in Africa’s armoury in its fight towards true self-determination – those things that we look up to today, many of which were mere hopes and aspirations, 10 years ago”.

Earlier, Dr. George Elombi, President Designate of Afreximbank, described Prof. Oramah as “one of the few in the world, the 0.8 per cent, who combines vision and execution”, saying that, under his leadership, Afreximbank and its willing partners built a solid foundation for enhancing intra-African trade and industrial development. 

“Instruments were created to dismantle the obstacles that have hindered Africa’s progress for nearly seven decades since Africa’s independence. He confronted the challenges of Africa’s industrial underdevelopment head-on, building on the work of those who came before him,” said Dr. Elombi.

He noted that Afreximbank was now one of the key multilateral financial institutions leading Africa’s development efforts, particularly in implementing the African Continental Free Trade Agreement (AfCFTA) and transforming the continent’s industrial landscape, adding, “Oramah has turned decades and centuries-old political wishes into tangible gains for all Africans.”

Prof. Oramah’s 10-year tenure, which began in September 2015, saw Afreximbank’s balance sheet and guarantees grow almost eight-fold, from US$6 billion when he took office to almost US$44 billion as at September 2025. It also saw the introduction and implementation of far-reaching products, programmes and initiatives specifically designed to address the challenges facing Africa’s trade and economic growth, helping to cement Afreximbank’s place as Africa’s foremost trade finance institution.

During his time, Afreximbank’s support played a significant role in putting the implementation of the AfCFTA ahead of schedule. The Pan-African Payment and Settlement System (PAPSS), which it has backed with a US$3 billion clearing and settlement facility, has become operational in 20 countries and has made it possible for African countries to trade across borders in their own local currencies.

The AfCFTA Adjustment Funds, supported by Afreximbank with a US$1 billion commitment and a partnership with the AfCFTA Secretariat, is enabling AFCFTA participating states to adjust in an orderly manner to the new trading regime.

The biennial Intra-African Trade Fair, introduced by Afreximbank in 2018, is tackling the challenge of limited access to trade and investment information across Africa and has, in its four editions, attracted over US$170 billion in trade and investment deals and 180,000 visitors. Moreover, the Bank’s digital platform, the Africa Trade Gateway, is using digital technology to break down information barriers, while the Afreximbank Africa Trade Centres, which have sprung up across the continent, are providing solid platforms for intra-African trade and investment information.

In the area of standards, through the Bank’s testing and certification centres, about 500 standards for pharmaceuticals and medical equipment, agriculture, automobiles, textiles, etc. have been harmonised, enabling smoother intra-African trade as the Bank continues to build more centres across Africa to ensure that there is infrastructure to implement the standards it has helped to harmonise.

Working with the AFCFTA Secretariat and COMESA, Afreximbank launched the African Collaborative Transit Guarantee Scheme, supported by US$1 billion in guarantee limits, which addresses the transit barriers to the movement of goods across borders.

In addition, Afreximbank is supporting the development of industrial parks and special economic zones across Africa, creating exports where none existed, including the emergence of heavy industries, such as the Dangote Refinery and Petrochemical plant in Nigeria.

Also, importantly, the Bank’s work has ignited socio-cultural and economic ties between Africa and the CARICOM and the broader African diaspora and its execution of African Medical Centre of Excellence projects has paved the way for quality healthcare to become accessible to many Africans.

Other significant accomplishments include the Bank’s COVID-19 intervention when it disbursed over US$10 billion to enable Africa to fend for itself during the COVID-19 Pandemic. The Bank also put up US$2 billion that enabled Africa and the Caribbean to procure COVID-19 vaccines.

Additionally, under President Oramah, Afreximbank recently launched the African Trade and Distribution Company (ATDC), an institution designed to tackle logistical hurdles in cross-border trade within the continent.

The legacy conference also featured tributes delivered by Afreximbank staff, members of the business community, political leaders, friends and other people from various walks of life who were impacted by the work of Prof. Oramah.

Distributed by APO Group on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com

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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

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Qhawekazi Mazaleni crowned Miss South Africa 2025

Source: Government of South Africa

Sunday, October 26, 2025

Government has congratulated Qhawekazi Mazaleni, who was crowned this year’s Miss South Africa at a prestigious ceremony held at the SunBet Arena in Menlyn, Pretoria East.

 At just 24 years old, the Eastern Cape-born beauty and youth ambassador has brought pride to the nation through her remarkable achievement.

“Government wishes Mazaleni well as she undertakes her reign and continues to inspire young women to pursue their dreams and contribute positively to society.

“Warm congratulations are also extended to Luyanda Zuma, the first runner-up, and Karabo Mareka, the second runner-up, for their remarkable performances in this year’s competition,” the Government Communication and Information System (GCIS) said on Sunday.

Mazaleni won the coveted title on Saturday night after competing against nine women during the finale, which showcased South African beauty, culture, and purpose-driven vision.

“Beauty pageants, such as Miss South Africa, play an important role in uplifting the youth by promoting confidence, leadership, and social responsibility, while providing a platform for young women to advocate for change and make a meaningful impact in their communities. We say Halala!” GCIS said. –SAnews.gov.za

SARS welcomes decision to delist SA from FATF greylist

Source: Government of South Africa

The South African Revenue Service (SARS) Commissioner, Edward Kieswetter, has welcomed the decision by the Financial Action Task Force (FATF) to delist South Africa from its grey list of jurisdictions under increased monitoring. 

“This is a significant moment for our country and a testament to the whole of government approach and its institutions to restore the integrity of our financial system,” the Commissioner said on Friday.

The decision to delist South Africa was taken at the conclusion of meetings of the FATF Plenary, which took place over 22-24 October 2025 in Paris, France.

“While the FATF’s initial grey-listing in February 2023 was a consequence of systemic weaknesses aggravated during the era of state capture, SARS is acutely aware that it, along with other key institutions, was impacted and must continue to play a crucial role in preventing any future regression.

“We recognise that removing the designation of grey listing is not a finish line but a milestone on a long-term journey toward building a robust and resilient financial ecosystem,” he said.

The FATF is an intergovernmental organisation and finance watchdog that was established to combat money laundering, terrorist and proliferation financing, as well as other threats to the integrity of the international financial system. 

It sets global standards for anti-money laundering and counter-terrorism financing, promotes the effective implementation of these standards, and conducts mutual evaluations of member countries to assess their compliance with the FATF Recommendations.

“This delisting is a vote of confidence in South Africa’s progress, but it is not an end to our vigilance. The fight against financial crime and corruption is a continuous one. 

“SARS remains committed to upholding the highest standards of financial integrity and, as we approach the new round of FATF review commencing in the latter part of 2026, SARS will work relentlessly to ensure that we do what is required to combat the illicit economy. 

“By doing so, we will not only maintain our standing with FATF but, more importantly, continue to build public trust and confidence in our financial system, and create a stronger, more prosperous South Africa for all,” Kieswetter said.

SARS supported the national efforts to meet the 22 action items required by the FATF. 

These efforts include the following areas: 

  • In partnership with other law enforcement agencies, SARS has strengthened its financial intelligence-gathering capabilities and increased investigations and asset preservation/recovery in relation to tax and customs crime matters involving complex money laundering and terror financing schemes.
  • SARS has introduced beneficial ownership reporting obligations for legal persons and trusts as well as collaborated closely with the Companies and Intellectual Property Commission (CIPC) and the Master of the High Court (MOHC) to improve access to accurate and up-to-date beneficial ownership information for legal persons and trust.
  • The Tax Administration Act was amended in 2023 to enable information exchange with CIPC, MOHC and the Department of Social Development (DSD) further supporting the national beneficial ownership information framework.
  • The development and piloting of a digital traveller declaration system for cash and bearer negotiable instruments (BNIs) on entry and exit at all borders. This system enables the sharing of information with the FIC and is expected to become mandatory by the end of 2025.
  • SARS provided training to its officials as well as other law enforcement officials on money laundering, beneficial ownership, legal gateways for information exchange and the application of mutual legal assistance.

SARS’s focus will now shift to embedding these improvements permanently and sustainably into its operations. This means continuing to:

  • Make it clear and easy for taxpayers to comply with their obligations to pay tax.
  • Enforce tax and customs laws decisively and fairly without fear, favour, or bias.
  • Cooperate effectively with domestic and international partners in combatting the illicit economy.
  • Utilise sophisticated data and business intelligence to understand and counter illicit financial flows. –SAnews.gov.za

SA exits FATF Greylist after successful reform efforts

Source: Government of South Africa

South Africa has officially exited the Financial Action Task Force (FATF) greylist after successfully implementing key reforms to combat money laundering and the financing of terrorism.

The decision to delist South Africa was taken at the conclusion of meetings of the FATF Plenary that took place over 22-24 October 2025 in Paris, France.

After South Africa was listed on the FATF greylist in February 2023, government worked tirelessly to address all the deficiencies that were identified by the FATF and which were reflected in the 22 Action Items in the Action Plan agreed between South Africa and the FATF.

The FATF is an intergovernmental organisation and finance watchdog that was established to combat money laundering, terrorist and proliferation financing, as well as other threats to the integrity of the international financial system. 

It sets global standards for anti-money laundering and counter-terrorism financing, promotes the effective implementation of these standards, and conducts mutual evaluations of member countries to assess their compliance with the FATF Recommendations.

“Over the past 32 months, South Africa has engaged with a team of reviewers assigned by the FATF to assess progress against the Action Plan. This culminated in an on-site visit at the end of July 2025, when the assessors came to the country to confirm the sustainability of the reforms that had been reported to them,” National Treasury said on Friday.

This concluded with a meeting with Deputy Minister of Finance, Dr David Masondo, and Deputy Minister of Justice and Constitutional Development, Andries Nel, who assured the FATF of the South African Government’s political commitment to continue to sustainably improving the country’s Anti-Money Laundering and the Combating the Financing of Terrorism (AML/CFT) system.

“South Africa’s progress in addressing the AML/CFT deficiencies and exiting the FATF greylist represents a major policy and institutional achievement for the people of South Africa, particularly following the weakening of key law enforcement and other institutions during the state capture era. 

“However, while exiting the greylist is an important milestone and a demonstration of South Africa’s commitment to rebuilding the rule of law, it is only start of a broader process to continue to strengthen key institutions, improve enforcement and governance processes, and ensure that such improvements are sustainable and that our systems become increasingly effective in combating money laundering, terrorism financing and proliferation financing. 

“Neither government agencies nor regulated entities in the private sector can afford to become complacent and stop improving. Instead, through public-private collaboration, they must continue to strengthen the AML/CFT system,” National Treasury emphasised.

The FATF requires countries that have exited the greylist to demonstrate continued commitment through measurable outcomes, including successful investigations, prosecutions, and sanctions as they relate to AML/CFT.

These actions will form the basis of the next FATF Mutual Evaluation for South Africa, which is expected to commence in the first half of 2026 and conclude in October 2027.

“To prevent being placed back on the greylist, it is important that systems of monitoring and enforcement work more efficiently and effectively, and that there are no gaps, by the time of the Mutual Evaluation. Preparations, in this regard, have already begun and we remain confident that South Africa will be able to sustain the progress made,” National Treasury said.

The department has congratulated Nigeria, Mozambique and Burkina Faso, which were also delisted from the FATF greylist this week. SAnews.gov.za

Le Président Ndayishimiye a éteint le Flambeau de la paix après un mois de tournée dans le pays

Source: Africa Press Organisation – French


Le Président de la République Son Excellence Evariste Ndayishimiye, en compagnie de Son Epouse Son Excellence Angeline Ndayishimiye et d’autres hautes autorités, a éteint samedi soir au stade Ku Gasaka, en commune Ngozi de la province Butanyerera, le Flambeau de la Paix- XIXème Edition, marquant ainsi la fin de son périple dans 42 communes des 5provinces du Burundi où il avait apporté un message de paix et d’étoile-éclaireur sur le chemin du développement aux nouveaux leaders.

“Je confie à cette équipe Intwararumuri la responsabilité des travaux de construction du Monument du Flambeau, un édifice de 13 niveaux dont la maquette est déjà disponible”, a dit le Président Ndayishimiye après l’avoir félicité pour les résultats remarquables enregistrés lors du périple du Flambeau de la Paix.

Le Numéro Un Burundais a également encouragé les jeunes entrepreneurs à démontrer leur détermination à réaliser la Vision 2040–2060, à partir de l’année de référence 2025, avec le capital déjà disponible des ressources naturelles et les minerais.

Il a saisi cette occasion pour annoncer le démarrage de l’exportation des minerais en cours, à l’état brut, en prélude à leur transformation locale.

Il a en outre rappelé les nouveaux leaders à adopter de nouvelles mentalités et à être des modèles dans l’accélération du développement du Burundi.

Les cérémonies de clôture du Flambeau de la Paix ont été agrémentées par des danses traditionnelles, des shows des stars, des tambourinaires, et des feux d’artifice.

Distribué par APO Group pour Présidence de la République du Burundi.

Qatar Reaffirms Its Firm Commitment to UN Charter

Source: Government of Qatar

New York, October 25, 2025

The State of Qatar has renewed its unwavering commitment to the Charter of the United Nations, affirming its continued support for the international organization, the strengthening of its partnerships, and its backing of reform efforts aimed at enhancing the UN’s effectiveness and responsiveness to global challenges.

This came in the statement delivered by HE Permanent Representative of the State of Qatar to the United Nations Sheikha Alya Ahmed bin Saif Al-Thani, during the Open Debate of the Security Council on “The United Nations Organization: Looking into the Future,” held at the UN Headquarters in New York.

Her Excellency noted that over the past eighty years, the United Nations has served as an indispensable global platform for promoting multilateralism and realizing the purposes of the Charter. It has achieved notable successes in preventing and containing numerous conflicts around the world, reflecting the organization’s critical role in maintaining international peace and security.

She emphasized that the State of Qatar has remained a strategic partner committed to the Charter and objectives of the United Nations, highlighting its leading role in mediation efforts, peaceful conflict resolution, and de-escalation in various regions across the globe.

Her Excellency outlined Qatar’s recent achievements, notably its successful mediation, alongside the Arab Republic of Egypt, the Republic of Turkiye, and the United States of America, which led to a ceasefire agreement and the end of the war in Gaza, signed on the 13th of this month. This agreement was the result of two years of tireless efforts aimed at halting bloodshed, ending humanitarian suffering, and securing the release of prisoners and hostages.

She added that Qatar continues its efforts in mediation and de-escalation, pointing to its hosting earlier this month of delegations from the Government of the Islamic Republic of Pakistan and the caretaker government of Afghanistan, as part of its initiative to facilitate dialogue and promote stability between the two countries, in cooperation with the Republic of Turkiye.

Her Excellency also highlighted Qatar’s outreach to the African continent, noting that in March, it hosted a dialogue between the Republic of Rwanda and the Democratic Republic of the Congo. These efforts culminated in the signing of a mechanism for monitoring and verifying the ceasefire in the Democratic Republic of the Congo on October 14, in accordance with the “Doha Declaration of Principles” signed in July 2025. She expressed gratitude to the United States for its fruitful partnership in this regard.

Her Excellency stressed Qatar’s call for a comprehensive review of the United Nations system, focusing on modernizing working methods and ensuring the implementation of Security Council and General Assembly resolutions in a way that guarantees accountability and avoids selectivity.

She underscored the need for tangible measures to address the crisis of trust by reviving the spirit of dialogue, strengthening cooperation and unity within the organization, and ensuring pluralism and inclusivity in global governance, with greater roles for developing and small states in decision-making processes.

Her Excellency also emphasized the urgency of accelerating UN reform efforts and supporting the implementation of the “UN 80” initiative across its three tracks, commending the proposals outlined in the Secretary-General’s report titled “A Breakthrough for People and Planet: Effective and Inclusive Global Governance for Today and the Future”.

Her Excellency concluded by affirming the importance of the new peace agenda, which focuses on investing in prevention, addressing root causes of conflict, building sustainable peace, and enhancing mediation, stressing that the success of this vision requires effective structures and strong political will to improve coordination within the organization.