World Trade Organization: 14th Ministerial Conference (MC14) concludes with adopted decisions, progress on key outstanding issues

Source: APO

Cameroon’s Minister of Trade Luc Magloire Mbarga Atangana, the Chair of MC14, said ministers worked to conclude as many issues as possible across the various areas of negotiation during the four-day meeting. He thanked the ministers facilitating the discussions as well as all the ministers and delegations in attendance for their “tireless work.”

“You have shown constructive participation through very long days and short nights,” he said.  “You have shown your determination to make MC14 a landmark conference.”  

Nevertheless, he admitted, “we ran out of time” with regards to several outstanding issues such as the WTO’s work programme on electronic commerce and the continuation of the existing moratoriums on customs duties for electronic transmissions and non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS).

Director-General Ngozi Okonjo-Iweala welcomed progress in the discussions on a work programme for advancing ongoing talks on WTO reform, the decision on advancing work on further disciplines on harmful fisheries subsidies, and other issues.

“A lot was accomplished,” she declared.  “We decided to work differently.  I think we have a new WTO way of working . to modernize the way we do business, so we can be more nimble, more responsive as we move forward.”

She suggested members use the draft texts developed over the four days of ministerial discussions to finalize agreements on outstanding issues in Geneva at the next General Council meeting.

MC14 outcomes

Ministers agreed to continue to engage in negotiations on fisheries subsidies, with the aim of making recommendations to the 15th Ministerial Conference to achieve the comprehensive disciplines on fisheries subsidies referred to in Article 12 of the Agreement on Fisheries Subsidies.

Ministers also adopted two MC14 decisions that were endorsed earlier by members in Geneva: on improving the integration of small economies into the multilateral trading system; and on enhancing the precise, effective and operational implementation of special and differential treatment provisions in the Agreements on Sanitary and Phytosanitary Measures (SPS) and Technical Barriers to Trade (TBT).

Continued work in Geneva

“We are very close to a Yaoundé package of agreements that would be important for members and the future of the organization,” added Director-General Okonjo-Iweala.  “But we are not all the way there yet.”

“In the circumstances, we believe that it would be appropriate to preserve the important texts we have developed here and use them as a basis to finalize agreements in Geneva at the next General Council meeting.”

The Director-General said the emerging Yaoundé package that members would be bringing back to Geneva include the following:

the draft Yaoundé Ministerial Declaration on WTO Reform and Work Plan;
the draft Ministerial Decision on Electronic Commerce;
the draft Ministerial Decision on the Moratorium on TRIPS Non-Violation and Situation Complaints; and
the least developed country (LDC) package.
Finalizing this package “would amount to a considerable achievement,” the Director-General said. “We shouldn’t leave it on the table.”

She noted that the existing moratoriums related to customs duties on electronic transmissions and TRIPS non-violation and situation complaints will expire at the end of this month. 

The Director-General’s remarks are available here.

The Ministerial Conference, normally held every two years, is the highest decision-making body of the WTO.  Nearly 2,000 trade officials, including more than 90 ministers, attended the four-day MC14 in Yaoundé, the second time a Ministerial Conference has taken place in Africa

Distributed by APO Group on behalf of World Trade Organization (WTO).

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NSFAS directed to activate forensic unit to work with SIU

Source: Government of South Africa

NSFAS directed to activate forensic unit to work with SIU

Higher Education and Training Minister Buti Manamela has directed the National Student Financial Aid Scheme (NSFAS) Board to activate its forensic unit immediately to work with the Special Investigating Unit (SIU) on cases already under investigation, and refer identified instances of fraud and misrepresentation to the appropriate authorities.

The Minister, together with Deputy Ministers Mimmy Gondwe and Nomusa Dube-Ncube, took decisive action, following a recent joint meeting with the NSFAS Board, its Acting Chief Executive Officer, and the Auditor-General of South Africa.

The engagement focused on the institution’s 2024/25 audit outcome and ongoing concerns around student service delivery. Following the meeting, the Minister issued a formal directive aimed at stabilising the embattled financial aid body and restoring accountability.

READ | NSFAS clarifies misleading social media claim of R630 000 student payment

NSFAS challenges

NSFAS received a disclaimer of opinion for the 2024/25 financial year — the most serious audit outcome an institution can receive. According to the Auditor-General, the institution is facing deepening breakdown in governance, financial controls and accountability systems. Nine material irregularities were identified, including four newly identified cases.

While the current administration maintains that these failures are the result of longstanding institutional weaknesses, it has committed to fixing them.

Particularly alarming are findings derived from data analytics. The audit revealed that 822 beneficiaries listed as deceased in the Department of Home Affairs database continued to receive funding. Over 14 000 students exceeded the income eligibility threshold yet were funded, while 321 students were found to be receiving both NSFAS bursaries and Social Relief of Distress (SRD) grants.

In addition, tens of thousands of students, who either held prior qualifications or failed to meet academic progression criteria, continued to benefit from funding.

Manamela said these discrepancies point to significant diversion of funds intended for poor and working-class students — whether system failures, misrepresentation or fraud.

“We are not in a position yet to determine the exact proportion attributable to each cause. What we can do is investigate, recover and prevent recurrence,” Manamela said.

To address these issues, the Minister has instructed NSFAS to immediately deploy its forensic unit and collaborate with the Special Investigating Unit. All identified cases of fraud and misrepresentation are to be referred for legal action.

Officials emphasised that legitimate beneficiaries have nothing to fear, as the investigations are targeted at those who have misrepresented their circumstances, and at the system failures that allowed incorrect payments to continue.

Outrage at student accommodation crisis

The Auditor-General’s report also highlighted accommodation conditions that are unsafe and undignified living conditions, including housing near taverns, lack of reliable transport, and harassment from landlords due to delayed payments by NSFAS. Students had their belongings confiscated.

“These are not audit findings. These are violations of the basic dignity of young people who came to study, not to survive a housing crisis created by the State’s own dysfunction,” Manamela said.

The Minister has ordered an urgent audit of all accredited accommodation providers, and to suspend any provider found in breach of contract standards.

The department is also working with NSFAS to finalise a revised student accommodation policy framework aimed at strengthening accreditation standards, enforcement mechanisms, and student recourse channels. This work is expected to be concluded before the end of April 2026.

Progress amid setbacks

Despite the grim audit outcome, some progress has been recorded. The current NSFAS administration has, for the first time in several years, cleared its backlog of financial submissions and is on track to meet reporting deadlines for the 2025/26 cycle.

Four of the existing material irregularities are reportedly at a stage where the Auditor-General is satisfied with management actions.

A Loan Management and Recovery Strategy has been approved, and the South African Revenue Service has committed to reinstate data-sharing with NSFAS, a move expected to significantly strengthen eligibility verification going forward.

The CEO appointment process is also underway, including a legal review of Board appointment, which is before the courts.

The meeting established a joint accountability framework between the Department of Higher Education and Training, NSFAS, and the Auditor-General. The Board is required to submit a comprehensive remedial report to the Minister and Director-General by 30 April 2026, detailing corrective actions, consequence management plans, and system upgrades.

Quarterly oversight meetings will follow, with progress reports presented to Parliament’s Portfolio Committee on Higher Education.

Focus on student experience

The Minister has also prioritised student concerns, particularly delays in appeals processing. Of the 7 805 outstanding appeals, 98.8% are attributed to system failures.

NSFAS has been instructed to implement a resolution plan within three weeks and ensure that appeals are finalised within 70 days.

Students living in unsafe and substandard housing have been assured that enforcement action will be taken against non-compliant accommodation providers.

“NSFAS is being directed to audit and enforce those contracts. Any provider who cannot meet the required standards will be removed from the accreditation list,” the Minister said.

A system under repair

Addressing nearly 800 000 students who rely on NSFAS, the Minister reaffirmed that legitimate funding will not be disrupted by ongoing investigations. Instead, the focus is on building a system that is accurate, efficient and fair.

“NSFAS is not beyond repair. It is an institution that carries a mandate of enormous national importance to ensure that poverty is not a barrier to education, and that South Africa can build the skilled, capable, and educated society that its people deserve. That mandate is worth fighting for.

“We are committed to NSFAS. We are committed to the students, and we are committed to building an institution that can be trusted,” Manamela said. – SAnews.gov.za

GabiK

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President Ramaphosa states SA investment case ahead of SAIC

Source: Government of South Africa

President Ramaphosa states SA investment case ahead of SAIC

The South African government will pursue its commitment to fiscal discipline and reform implementation as the upcoming South African Investment Conference (SAIC) provides a pivotal moment to translate recent economic gains into tangible investment outcomes.

This according President Cyril Ramaposa’s weekly newsletter, released ahead of the conference, to be held at the Sandton Convention Centre on Tuesday.

The gathering is South Africa’s premier and high-level platform to mobilise investment, showcase opportunities and to translate investments into tangible outcomes such as employment.

This year, more than 1 000 delegates will attend the SAIC, representing some 50 different countries.

“This year’s investment conference stands at the crossroads of opportunity and ambition. 

“The clear message we will be delivering is that we remain committed to staying the course on fiscal discipline, to accelerating the momentum of the reform agenda – and to leveraging investment to build an economy that is inclusive, transformed and that benefits all,” President Ramaphosa said.

The President laid out the case for South Africa as an investment destination of choice in the face of “increasingly volatile global financial conditions”.

“We are Africa’s largest economy with a diversified industrial base. Since we began our first R1.2 trillion investment mobilisation drive in 2018, we have secured investment pledges in mining, healthcare, automotive, food and beverage and others, reflecting the sophistication of our economy. 

“South Africa is also the leading destination for renewable energy investment on the continent, with these investments making up a considerable share of the total pledges made at previous conferences.

“We have a sound policy and regulatory environment, offering certainty to investors at a time when we are just one of many emerging markets across the globe vying for capital,” he said.

A growing economy

President Ramaphosa said that the 2026 SAIC, as well as those preceding it, is aimed at building “even greater confidence in our country as an investment destination” as well as demonstrating government’s commitment to reforms, policy certainty and execution.

He added that the “green shoots of economic recovery we are experiencing” further bolster South Africa’s position.

“The macroeconomic outlook has improved. We experienced four consecutive quarters of growth by the end of 2025, national debt has stabilised and more jobs are being created. Last year, our sovereign rating was upgraded for the first time in 17 years, and we were removed from the Financial Action Task Force grey list.

“The structural reform agenda being driven through Operation Vulindlela has unlocked progress in electricity, freight logistics, water, telecommunications, and the visa system. 

“We have brought load-shedding to an end and are creating a new, competitive electricity market that will ensure energy security and attract investment,” he highlighted.

The logistics sector is also undergoing modernisation and private investment in port and rail operations is also being enabled.

“Among the projects for which we have initiated a Private Sector Participation [PSP] process are the Ngqura Manganese Export Corridor in the Eastern Cape and the Richards Bay Dry Bulk Terminal in KwaZulu-Natal.

“Last year, we also signed a 25-year concession for the Durban Container Terminal Pier 2, representing R11 billion in private investment. A system for third-party access to the freight rail network is in place and 41 freight rail slots have been allocated to private companies,” President Ramaphosa said.

Additionally, reforms to the visa regime have also been implemented to attract skills and promote tourism.

“These include operationalising the Remote Work Visa, introducing a Trusted Employer Scheme to support major investors, and piloting an Electronic Travel Authorisation system.

“By showcasing the progress and durability of the reform agenda, our goal is to grow the pool of inward investment from businesses and countries that will ultimately be a bridge to new markets, technologies and networks for South Africa,” he said.

From pledges to projects

The first five-year investment mobilisation of the SAIC exceeded its target of R1.2 trillion in commitments – reaching some R1.57 trillion.

Some 300 projects were initiated and to date, 161 of these are now either finalised or still under construction.

“The pledges have not been merely vague commitments and promises, but have materialised as tangible, brick-and-mortar projects that are creating jobs for our people. 

“Last year, I opened the Platreef Mine in Mokopane in Limpopo, that is positioned to play a leading role in the production of sought-after critical minerals for the energy transition. This facility that employs more than 2 000 workers from the local community and is partly owned by a community trust, emanated from a R2,8 billion investment pledge by Ivanhoe Mines at the South Africa Investment Conference in 2022.

“Last year, I also visited the BMW plant in Rosslyn in Tshwane, where the automotive giant has invested R4,2 billion for electrification of its only plant on the continent that will be producing the BMW X3 Plug-in Hybrid electric vehicle. This was also an investment pledged at the SAIC,” President Ramaphosa highlighted.

As South Africa puts on the final preparatory touches ahead of the conference on Tuesday, the administration is placing its emphasis on execution over announcements.

“By showcasing our unique and favourable proposition as an investment destination of choice, we have set ourselves the goal of mobilising R2 trillion in new investments by 2028.

“As we strive to achieve growth that creates jobs for our people, this next phase will move from pledges towards implementation,” President Ramaphosa said. – SAnews.gov.za

 

NeoB

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Eskom lifts 210 000 out of peak period load reduction

Source: Government of South Africa

Eskom lifts 210 000 out of peak period load reduction

Eskom’s efforts to eliminate load reduction are gathering pace with more than 210 000 customers no longer affected during peak periods.

Load reduction is implemented by the power utility to protect infrastructure from overloading and destruction where there are illegal connections.

As a result of the power utility’s interventions, including smart meter rollout, some 158 electricity feeders have been removed from load reduction.

“Although the power system remains stable and generation capacity continues to exceed demand, illegal connections and meter tampering persist, causing infrastructure damage and posing serious safety risks.

“In response, Eskom continues to implement load reduction as a temporary measure in high-risk areas to protect both communities and the electricity network.

“With the feeders removed from load reduction to date, an estimated 210 453 customers are now benefiting. The remaining customers still due for load reduction removal by financial year end are 199 187 in both Limpopo and Mpumalanga, 95 560 in Gauteng, 14 714 in both Eastern and Western Cape, 26 078 in the Free State and KwaZulu Natal, and 32 989 in the Northern Cape and North West provinces,” Eskom said recently.

READ | SA’s power grid continues to show stability

Overall, some 366 894 customers are still to be removed by the end of the financial year.

Smart meter rollout

Meanwhile, Eskom said more than half a million smart meters have been installed as part of upgrading the power utility’s infrastructure.

Just under 200 000 of these specifically targeted areas with load reduction feeders.

“This 40% allocation to high-priority areas is essential for managing grid pressure while empowering our customers with real-time data and greater control over their energy usage.

“Of the 199 521 smart meters installed on load reduction feeders, approximately 90% are concentrated in Gauteng, Mpumalanga, Limpopo and KwaZulu Natal, where network risk is highest,” Eskom explained.

With 577 347 smart meters installed, the electricity provider has reached 35% of the total end state target.
However, challenges remain in some communities.

“The rollout is deliberately focused on high-loss areas affected by illegal connections, meter bypassing, overloaded infrastructure and widespread electricity theft. Eskom has undertaken extensive community and stakeholder engagement through ward councillors, public meetings, radio platforms and social media to support the implementation of the programme.

“Despite these efforts, installation teams continue to face persistent resistance, including intimidation, violent incidents and repeated work stoppages. These disruptions have led to deployment delays, the redeployment of teams, and heightened safety risks for Eskom employees and contractors.

“As a result, approximately 122 000 planned meter conversions have been delayed to date, undermining the stability and predictability of the rollout programme,” the power utility noted.

The electricity provider called on communities to report any criminal activity on electricity infrastructure.
“Eskom is harnessing technology, upgrading infrastructure, and partnering with communities to ensure a safer, smarter, and more reliable power network for South Africa.

“Eskom calls on communities to report illegal connections, use electricity responsibly, and protect infrastructure. Any illegal activity affecting Eskom’s infrastructure can be reported to the Eskom Crime Line at 0800 112 722 or via WhatsApp at 081 333 3323,” the power utility said. – SAnews.gov.za

 

NeoB

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North West police make progress in fighting crime  

Source: Government of South Africa

North West police make progress in fighting crime  

The South African Police Service (SAPS) in the Bojanala District continues to record successes, following recent coordinated crime-fighting operations int the North West.

Conducted between 22 and 29 March, in Rustenburg, Koster, Boitekong, Phokeng, Tlhabane, Dwarsberg and the Swartruggens policing areas, the operations resulted in multiple arrests for serious and priority crimes.

Three people were arrested for murder, another for the unlawful possession of a firearm and ammunition, assault (grievous bodily harm), while another was arrested for bribery. Thirteen others were arrested for sexual offences.

Police also recorded arrests for drug-related crimes (12), drunken driving (10), liquor-related offences (15), contravention of the Immigration Act (19), public drinking (28), public indecency (3), theft-related crimes (11) and trespassing (2) among others.

In addition, roadblock operations contributed to the overall success, with 371 vehicles stopped, three vehicles impounded and traffic fines to the value of R36 850 issued.

Acting Provincial Commissioner of the  North West Major General (Dr) Ryno Naidoo, commended the members for their dedication and commitment in removing criminals and enforcing the law.

“SAPS remains committed to intensifying operations to ensure safer communities across the province,” said the SAPS. 

The public is encouraged to report crime via the SAPS Crime Stop number 08600 10111 or the MySAPS App. – SAnews.gov.za

Edwin

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SA women arrested for possession of drugs

Source: Government of South Africa

SA women arrested for possession of drugs

The South African Police Service (SAPS), working closely with Airports Company South Africa (ACSA), has arrested five South African female drug mules at OR Tambo International Airport with drugs worth more than R5 million concealed on their bodies.

According to the police, a preliminary report suggests that the suspects were en route to China via Dubai. They were arrested on Saturday.

“A search led to the discovery of drugs concealed inside their sneakers, underwear and private parts,” the police said in a statement.

The suspects are expected to appear before the Kempton Park Magistrate Court on Tuesday on charges related to drug trafficking.

Investigations are ongoing. – SAnews.gov.za

Edwin

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A Marriott International faz a sua entrada em Cabo Verde com a abertura do Four Points by Sheraton São Vicente Resort

Source: Africa Press Organisation – Portuguese –

A Marriott International (www.Marriott.com) celebra a abertura do Four Points by Sheraton São Vicente Resort (http://apo-opa.co/4tfdwkb), que marca a tão esperada estreia da empresa em Cabo Verde. Situado acima da Praia da Laginha, no centro cultural de São Vicente, o hotel combina a descontração do estilo resort com a conveniência para os negócios existente na ilha.

“Cabo Verde é conhecido pelo seu espírito vibrante, beleza natural e crescente atração global, o que o torna uma adição excitante à nossa rede de destinos globais”, disse Sandra Schulze-Potgieter, Vice Presidente, Premium, Select & Midscale Brand Management, EMEA, Marriott International.  “São Vicente é o destino ideal para introduzirmos o primeiro resort do Four Points by Sheraton na região, oferecendo um autêntico sentido de lugar aliado a vistas de cortar a respiração, juntamente com o serviço genuíno da marca, conforto e estilo moderno.”

O Four Points by Sheraton São Vicente Resort está situado numa baía em forma de lua crescente em Mindelo, uma cidade portuária no norte da Ilha de São Vicente conhecida pelas suas coloridas e animadas celebrações de Carnaval.  O resort apresenta um design moderno que transmite uma sensação relaxante de verão em todos os seus espaços públicos e 127 quartos e suites espaçosos, que estão adornados com mobiliário de madeira, luminárias artesanais, placas de parede decorativas e piso de azulejos de cimento padronizado.  A estética limpa e funcional do Four Points by Sheraton é cuidadosamente harmonizada com as cores ousadas, as texturas e os elementos naturais do destino.

O design do Four Points by Sheraton São Vicente Resort é profundamente inspirado pelo caráter e cultura distintos da ilha. Com base na pátina desgastada da arquitetura local, nos ritmos vibrantes da famosa herança musical do Mindelo e no espírito descontraído da vida à beira-mar, os interiores do resort foram concebidos para oferecer uma experiência que se sente ao mesmo tempo autenticamente local e muito confortável. A coleção de arte apresenta uma mistura curada de pinturas da artista Raya Salman e peças fotográficas do fotógrafo Joe Wuerfel, cuja lente capta a essência de Cabo Verde há mais de 25 anos. O hotel apresentará também obras selecionadas de dois artistas cabo-verdianos, o que reforça a expressão criativa local do espaço.

O Four Points by Sheraton São Vicente Resort oferece acesso direto às águas cristalinas da praia da Laginha através de uma ponte aérea no primeiro andar, que também alberga uma piscina infinita e um bar de piscina. A oferta gastronómica do resort inclui o Bayview, que serve sabores globais desde o nascer ao pôr do sol, o Ocean Lounge que oferece um vibrante centro social junto à piscina e o Skybar, a abrir em breve, que proporciona um refúgio no telhado com vistas panorâmicas.  

Outras instalações do resort incluem um centro de conferências com três salas de reuniões e outros espaços polivalentes para eventos e reuniões, um centro de fitness totalmente equipado com vistas deslumbrantes sobre o oceano e a piscina e o spa Essência com quatro salas de tratamento, uma sauna, banho turco e jacuzzi.  A propriedade também apresenta o programa Best Brews™ exclusivo do Four Points by Sheraton com uma cerveja artesanal local.

A abertura do Four Points by Sheraton São Vicente Resort celebra múltiplos marcos para a Marriott International:

  • A entrada oficial da Marriott em Cabo Verde: o 500º hotel de serviço selecionado da empresa na sua região EMEA.
  • A primeira oferta de resort do Four Points by Sheraton na região de África, oferecendo o conforto fiável e os padrões consistentes da marca aos viajantes que procuram alojamento e instalações e experiências de lazer a um valor acessível.

Schulze-Potgieter acrescentou: “Atualmente, os nossos hotéis de serviço selecionado representam mais de 30% do nosso portfólio na região EMEA e esta 500ª abertura sublinha a forte procura de uma hospitalidade consistente e moderna na região e reflete o poder e a credibilidade das nossas marcas no segmento.”  

Distribuído pelo Grupo APO para Marriott International, Inc..

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Sobre a Marriott International:
Marriott International, Inc. (Nasdaq: MAR) está sediada em Bethesda, Maryland, EUA, e engloba um portefólio de marcas atraentes de luxo, premium, select, midscale, estadias prolongadas e tudo incluído, com mais de 9800 propriedades em 145 países e territórios, a 31 de dezembro de 2025. A Marriott franqueia, explora e licencia hotéis, residências, timeshare, iates, atividades ao ar livre e outros produtos de alojamento em todo o mundo. A empresa disponibiliza Marriott Bonvoy®, a sua plataforma de viagens altamente premiada. Para mais informações, visite o nosso website em www.Marriott.com e, para obter as últimas notícias da empresa, visite www.MarriottNewsCenter.com. 

Sobre o Four Points by Sheraton:
Four Points by Sheraton é uma marca global com mais de 375 hotéis em mais de 45 países e territórios. No Four Points, as viagens são reinventadas, onde os clássicos intemporais são combinados com pormenores modernos e com um serviço genuíno num ambiente informal em todo o mundo. Os hotéis Four Points podem ser encontrados no coração dos centros urbanos, perto da praia, no aeroporto ou nos subúrbios. Cada hotel oferece um local familiar para descontrair e relaxar com uma sensação autêntica do local, onde os hóspedes podem assistir a desportos e desfrutar do programa Best Brews® da marca. O Four Points orgulha-se de participar no Marriott Bonvoy®, o programa de viagens global da Marriott International. O programa oferece aos membros um extraordinário portefólio de marcas globais, experiências exclusivas em Marriott Bonvoy Moments (http://apo-opa.co/4sERI1J) e benefícios sem paralelo, incluindo noites gratuitas e reconhecimento do estatuto Elite. Para se inscrever gratuitamente, ou para obter mais informações sobre o programa, visite www.MarriottBonvoy.com. Para saber mais sobre o Four Points, visite-nos online (http://apo-opa.co/4tfVRJs).

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Qatar Strongly Condemns Heinous Iranian Attacks Targeting Military Camp, Power and Desalination Plant in Kuwait

Source: Government of Qatar

Doha | March 30, 2026

The State of Qatar strongly condemns the heinous Iranian attacks that targeted a military camp and a power and water desalination plant in the sisterly State of Kuwait, which resulted in injuries to members of the armed forces, and considers it a blatant violation of Kuwait’s sovereignty and the principles of international law.

The Ministry of Foreign Affairs stresses the need to stop the unjustified Iranian attacks on brotherly countries. It also affirms the State of Qatar full solidarity with the State of Kuwait and its support for all measures taken by Kuwait to preserve its sovereignty and security.

The Ministry expresses the State of Qatar wishes for a speedy recovery for the injured, praying to Allah Almighty to protect Kuwait and its people from all harm.

Investing for a better SA 

Source: Government of South Africa

Investing for a better SA 

South Africa is choosing momentum over hesitation. At a time when global markets are marked by volatility and investor caution, the country is pressing ahead with its sixth Investment Conference – a signal that it intends not to retreat, but to compete.

On Tuesday, 31 March 2026, President Cyril Ramaphosa will convene the latest gathering in Johannesburg, positioning South Africa not just as the southern gateway to the continent, but as a resilient, reforming economy – actively making its case for global capital.

While South Africa is by no means sheltered from the heightened volatility in global energy markets arising from the tensions in the Middle East, the ongoing tensions involving the Gaza Strip and the Russia-Ukraine conflict, the conference is an important element on the South African calendar.

As more than 31 country representatives make their way to Mzansi for the conference, South Africa’s message to the world is clear: “South Africa is open for business and has entered a delivery-focused phase of economic reform.” 
 

And that is not just a tagline, because, since the last investment conference held in 2023, work has been ongoing to realise the investment pledges made during the course of the five editions of the conference. 

These pledges cut across various sectors, including energy, manufacturing and the automotive sector. Despite the two-year hiatus since the last conference was held, the spadework to bring the pledges into meaningful, real-life projects that advance the country’s development and improve citizens’ lives, has not stopped.

For example, mobility fintech company, Moove – which also operates in cities across Europe and India, amongst others, pledged R248 million of investment at the fifth conference held in April 2023. The funds were invested in the purchase of over 2 000 vehicles in Cape Town and Johannesburg. These vehicles were deployed to mobility entrepreneurs operating in these cities. 

Meanwhile, the 2022 edition of the gathering saw German automaker BMW pledge R800 million. Just last July, President Ramaphosa attended the launch of the automaker’s new X3 plug-in hybrid model at its Rosslyn plant in Gauteng. South Africa is the exclusive global production site for this model.  The last conference saw mobile communications company Vodacom pledge to invest in the global business services, ICT and digital services category. At the fifth conference, the company announced that it had pledged an additional R60 billion over the next five years. This came after it delivered on its promise to invest R50 billion over five years in 2018.

This time around, South Africa has set itself the target of raising R2 trillion in new investments over the next five years on the back of the R1.5 trillion raised over five years since the inaugural conference of 2018.
Despite the changing global landscape over the years, over R600 billion has flowed into projects, including new factories and mine facilities, that have been opened every year.

What this shows is that previous editions of the conference have not been once-off events but have produced concrete results as projects have been and continue to be followed through.

The hosting of the conference shows that the country is not tone-deaf to its own challenges and that investment by both domestic and international firms, plays an important role in addressing challenges that include poverty and unemployment.

While it is known that the country surpassed its initial R1.2 trillion investment target, South Africa has continued to put its house in order through reforms made possible by vehicles like Operation Vulindlela. Vulindlela is a joint initiative of the Presidency and National Treasury which aims to achieve more rapid and inclusive economic growth through a programme of far-reaching economic reform. 

The country has also seen a 1.1% economic growth in 2025, following the recent release of the Gross Domestic Product (GDP) figures, which showed a 0.4% expansion in the fourth quarter of 2025.

The fact that the country officially exited the Financial Action Task Force (FATF) greylist after successfully implementing key reforms to combat money laundering and the financing of terrorism, in October 2025, also shows the progress the country is making.

Further progress was also evidenced in S&P Global Ratings’ (S&P) November 2025 move to bump up South Africa’s foreign currency long-term sovereign credit rating. At the time, National Treasury said the credit rating upgrade marked the first upgrade for South Africa by any of the major credit rating agencies in over 16 years. 

While the quest for investments is important for our prosperity, prosperity does not mean that South Africa is heading down a protectionist path of only looking out for itself.

Investment in South Africa does not only translate to rands and cents and infrastructure development among others, but also comes with skills transfer, jobs and new technologies among others.
Given the country’s strategic position on the continent, this will be helpful in advancing our contribution to the African Continental Free Trade Area (AfCFTA).

The free trade agreement seeks to bring together members of the African Union into a combined market. It establishes a framework for tariff liberalisation across the African continent and harmonises trade-related rules to encourage greater flows of intra-African trade and investment. 

The South African Investment Conference has proven itself not to be a vehicle of broken promises but has proven itself to be an instrument that has brought tangible investment to a country that is not without its challenges, but working towards a brighter future. –SAnews.gov.za

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

 

Neo

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Marriott International fait son entrée au Cap Vert avec l’ouverture du Four Points by Sheraton São Vicente Resort

Source: Africa Press Organisation – French

Marriott International (www.Marriott.com) a officiellement ouvert le Four Points by Sheraton São Vicente Resort, marquant l’entrée très attendue du groupe au Cap‑Vert. Situé au‑dessus de la plage de Laginha, au cœur du pôle culturel de São Vicente, l’hôtel allie la détente propre à un resort à des services adaptés aux voyageurs d’affaires sur l’île.

«Le Cap‑Vert est reconnu pour son esprit vibrant, sa beauté naturelle et son attractivité croissante à l’échelle mondiale, ce qui en fait un ajout passionnant à notre réseau de destinations internationales», déclare Sandra Schulze‑Potgieter, Vice‑Présidente, Premium, Select & Midscale Brand Management, EMEA, Marriott International. «São Vicente est la destination idéale pour introduire le tout premier resort Four Points by Sheraton de la région, offrant un véritable ancrage local associé à des panoramas spectaculaires, ainsi quau service authentique, au confort et au style moderne caractéristiques de la marque.»

Niché dans une baie en forme de croissant à Mindelo, ville portuaire du nord de l’île de São Vicente connue pour son carnaval haut en couleur et animé, le Four Points by Sheraton São Vicente Resort se distingue par un design moderne évoquant une atmosphère estivale et décontractée. Les espaces publics et les 127 chambres et suites spacieuses sont décorés de mobilier en bois, de luminaires fabriqués à la main, de panneaux muraux décoratifs et de sols en carreaux de ciment à motifs. L’esthétique épurée et fonctionnelle propre à Four Points by Sheraton s’harmonise avec les couleurs audacieuses, les textures et les éléments naturels de la destination.

Le design du Four Points by Sheraton São Vicente Resort s’inspire profondément du caractère et de la culture uniques de l’île. Puisant dans la patine du temps visible sur l’architecture locale, les rythmes vibrants de la scène musicale emblématique de Mindelo et l’esprit détendu de la vie en bord de mer, les intérieurs ont été pensés pour offrir une expérience à la fois authentiquement locale et naturellement confortable. La collection artistique présente un mélange soigneusement sélectionné de peintures de l’artiste Raya Salman, ainsi que des œuvres photographiques du photographe Joe Wuerfel, dont l’objectif capture l’essence du Cap‑Vert depuis plus de 25 ans. L’hôtel exposera également des œuvres de deux artistes capverdiens, renforçant ainsi l’ancrage local de l’espace.

Le Four Points by Sheraton São Vicente Resort offre un accès direct aux eaux cristallines de la plage de Laginha grâce à une passerelle située au premier étage, où se trouvent également une piscine à débordement et un bar. L’offre de restauration comprend Bayview, proposant des saveurs internationales du lever au coucher du soleil ; Ocean Lounge, un espace social animé en bord de piscine ; ainsi que le Skybar, prochainement ouvert, offrant une expérience sur le toit avec une vue panoramique.

Les autres installations de l’hôtel incluent un centre de conférences doté de trois salles de réunion et d’autres espaces polyvalents pour événements et rassemblements, un centre de fitness entièrement équipé offrant des vues spectaculaires sur l’océan et la piscine, ainsi que le spa Essência, comprenant quatre salles de soins, un sauna, un hammam turc et un jacuzzi. L’établissement propose également le programme emblématique Best Brews™ de Four Points by Sheraton, mettant à l’honneur une bière artisanale locale.

L’ouverture du Four Points by Sheraton São Vicente Resort célèbre plusieurs étapes majeures pour Marriott International:

  • L’entrée officielle de Marriott International au Cap‑Vert, ainsi que l’ouverture du 500 hôtel «select service» du groupe dans la région EMEA.
  • La toute première offre resort de la marque Four Points by Sheraton en Afrique, proposant le confort fiable et les standards constants de la marque aux voyageurs à la recherche d’un hébergement et d’expériences de loisirs à un excellent rapport qualité‑prix.

Sandra Schulze‑Potgieter ajoute :« Aujourd’hui, nos hôtels select service représentent plus de 30 % de notre portefeuille EMEA, et cette 500ᵉ ouverture emblématique souligne la forte demande pour une hôtellerie accessible, cohérente et moderne dans la région, tout en reflétant la puissance et la crédibilité de nos marques sur ce segment. »

Distribué par APO Group pour Marriott International, Inc..

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À propos de Marriott International :
Marriott International, Inc.
(Nasdaq : MAR), dont le siège est situé à Bethesda, Maryland, États‑Unis, regroupe un portefeuille de marques couvrant les segments luxe, premium, select, midscale, long séjour et tout‑inclus, avec plus de 9800 établissements dans 145 pays et territoires au 31 décembre 2025.Marriott franchise, exploite et concède sous licence des hôtels, résidences, résidences de vacances, yachts, hébergements de plein air et autres produits d’hébergement à travers le monde. Le groupe propose Marriott Bonvoy®, sa plateforme de voyage primée. Pour plus d’informations, rendez‑vous sur www.Marriott.com, et pour les dernières actualités du groupe, consultez www.MarriottNewsCenter.com

À propos de Four Points by Sheraton® : 
Four Points by Sheraton est une marque internationale comptant plus de 375 hôtels dans plus de 45 pays et territoires. Chez Four Points, le voyage est réinventé en associant des classiques intemporels à des touches modernes, avec un service authentique dans une atmosphère décontractée à travers le monde. Les hôtels Four Points sont présents au cœur des centres urbains, près des plages, des aéroports ou en périphérie des villes. Chaque établissement offre un cadre familier pour se détendre, avec une véritable immersion locale, permettant notamment de regarder des événements sportifs et de profiter du programme Best Brews®. Four Points participe fièrement à Marriott Bonvoy®, le programme de voyage mondial de Marriott International, offrant un portefeuille exceptionnel de marques, des expériences exclusives via Marriott Bonvoy Moments, ainsi que des avantages incomparables tels que des nuits gratuites et la reconnaissance du statut Elite. L’inscription est gratuite sur www.MarriottBonvoy.com. Pour en savoir plus sur Four Points, rendez‑vous sur www.Four-Points.Marriott.com.

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