Daily Archives: February 5, 2018

SA lauds BRICS as major pillar of foreign policy

The BRICS forum constitutes one of the cornerstones of South Africa’s foreign policy, the Department of International Relations and Cooperation said on Monday.

Through our engagement in BRICS, we have worked not only to generate ideas, projects and programmes that are innovative and responsive to the realities that our countries and citizens face – we have equally focused our efforts on the practical implementation of our ambitions.

We have done so in a way that has yielded tangible results, said DIRCO Director-General Kgabo Mahoai.

Mahoai was speaking at the opening of the BRICS Sherpas and Sous Sherpas meeting underway in Cape Town.

The main pillar of the country’s foreign policy is Africa, Mahoai said, stressing that South Africa has sought to carry the African Agenda into the BRICS engagements.

We intend to further engender a meaningful and productive interaction between BRICS and our African partners, whilst attempting to contribute to the BRICS institution-building agenda, through the two proposals we have put forward, namely the establishment of a working group on peacekeeping and the virtual vaccine research platform, said Mahoai.

The meeting, which brings representatives from the five emerging economies, is the first in the calendar under the auspices of South Africa’s chairship, which it assumed in January.

The meeting will discuss the working arrangements for BRICS.

South Africa is scheduled to host the 10th BRICS summit from 25 � 27 July at the Sandton Convention Centre, which will see the country building on the BRICS programme of development and prosperity for partner countries.

Mahoai said the meeting will discuss proposed new areas of cooperation, such as the establishment of a working group on peacekeeping, and a platform for collaboration with the BRICS vaccine innovation and development partners.

Source: South African Government News Agency

President Zuma to pay a courtesy call on King Goodwill

President Jacob Zuma will on Monday pay a courtesy call on His Majesty King Goodwill Zwelithini kaBhekuzulu.

The Presidency on Monday said this is a longstanding courtesy meeting between the President and King Zwelithini, which was initially meant to take place in January but was postponed due to diary challenges on both sides.

Source: South African Government News Agency

Mining industry gets R220bn investment

South Africa has more than R220 billion rand worth of investments in the project pipeline for the mining industry which include the platinum group metals (PGMs), industrial minerals, energy and non-ferrous metals.

Addressing the 2018 Annual Investing in Africa Mining Indaba in Cape Town on Monday, Mineral Resources Minister Mosebenzi Zwane said the investment demonstrates that the country remains a critical investment destination.

We have bountiful reserves of platinum, ferrous and non-ferrous metals, all crucial for industrialisation.

As host of over 80% of global reserves, South Africa has taken the lead in research and development for downstream beneficiation of PGMs principally through the Hydrogen South Africa (HySA) flagship project which is focused on developing downstream beneficiation of platinum through its use in hydrogen powered fuel cells, Minister Zwane said.

He said the country is ready to partner with investors in this area and other priority value chains including titanium, iron ore and jewellery.

Minister Zwane said government has created an enabling environment for mining-linked manufacturing in South Africa.

Our energy supply has stabilised and there is sufficient energy for new enterprises.

We have established special economic zones with the relevant infrastructure, where investors will benefit from special incentives, infrastructure and proximity to raw materials, Minister Zwane said.

The Department of Mineral Resources’ entity, the Council for Geoscience, has discovered clean drinking ground-water in Beaufort West.

This is a result of the multi-disciplinary and integrated approach to our geo-sciences mapping in the country, which is yielding results of science responding to societal issues.

We will be handing this resource over to that local municipality next week, so the community can have access to it, he said.

He said with the current drought conditions currently experienced in the Western Cape, the discovery of clean drinking ground-water in Beaufort West is welcomed.

Source: South African Government News Agency