Daily Archives: May 18, 2018

Hisense announces global availability of new 80-inch laser TVs

The new-generation TV is expected to achieve rapid growth

BEIJING, May 18, 2018 /PRNewswire/ — Hisense, an official sponsor of the 2018 FIFA World CupTM, launched the new 80-inch L5 laser TV in Beijing on May 17. With highly affordable pricing, the new product is well within the reach of families with modest incomes. With the World Cup just around the corner, the revolution of the home theater in the Chinese living room has officially been launched.

Hisense announces global availability of 80-inch 4K laser TV

Technology can be life-changing. To date, the popularity of laser televisions was hobbled by two drawbacks, the lack of brightness in the image and the extravagant price. The newly launched L5 laser TV solved these two pain points. The model comes with 400 nit brightness, a substantial increase over all existing laser models, as well as a new generation custom-made Danish DNP high gain anti-light hard screen, enabling a clear picture display no matter how bright the surrounding light. As the centerpiece of a home theater, the super large screen can be viewed comfortably without needing to draw the curtains or close the shutters. As the TV is powered by a reflective light source which is comfortable to the eyes rather than dazzling, despite the 80-inch height, the screen can be viewed comfortably even when sitting as close as 3 meters (approx. 10 ft.), greatly reducing the amount of living space that would need to be set aside as a viewing area for the home theater. The second barrier to laser TV ownership has been done away with: a price tag of 19,999 yuan (approx. US$3,140) allows the laser model to become a “successor of first choice” and augurs Hisense’s comprehensive participation in the large screen television market.

With the Russian World Cup just about to kick off, the demand for large-screen and high-definition smart TVs is on track to explode. The brand new VIDAA AI system that comes with the Hisense L5 laser television is equipped with such features as automatic sports mode, star recognition and screenshot sharing of wonderful moments, transforming the unit into your best game watching companion.

The launch of Hisense L5 laser TV is expected to usher in a trend of large-scale replacement of TVs in Chinese households. Hisense expects laser television to become the big disruptor in the home theater market for 2018.

Photo – https://mma.prnewswire.com/media/693001/Hisense.jpg

Local wine company seals major deal in China

A South African wine company has secured a deal which will see it export wine to China.

The Western Cape’s Thandi Wines has secured a one-year contract with a Chinese distributor to export their range of premium wines to China.

The contract was agreed to on the margins of the 19th SIAL China International Trade Fair for Food currently underway in Shanghai. About 23 local companies are participating in the food fair led by the Department of Trade and Industry (dti).

Managing Director of Thandi Wines Vernon Henn said that the contract value sits at more than R700 000.

We will commence the contract with a shipment of two containers that will be having more than 26 000 bottles. We will then follow that up with another two containers. Thereafter the contract will be renewed on an annual basis, Henn said on Thursday.

The company’s main export destination has been Europe which accounts for over 85% of the company’s sales.

However, the company recently started experiencing stagnation in growth in Europe.

This compelled us to repackage our marketing strategy and explore other markets, in this instance the Asian market. That decision has presented us with some welcomed rewards, more especially because this is a growing market with a lot of potential customers.

The main ingredient required is timing and the dti nailed it on the head by bringing us here at this stage. The timing is impeccable because people are already looking to make purchases in preparation for the Chinese new year which will be during the end of February next year, said Henn.

Thandi Wines was established in 1995 as South Africa’s first agricultural Black Economic Empowerment (BEE) project. It is owned by 250 farm worker families who hold 62% shares in the company.

The food fair, which got underway on Wednesday, is regarded as a leading platform for international producers and manufacturers of food products, wines, spirits and food service equipment. It will conclude on Friday.

Source: South African Government News Agency

Reserve Bank releases 2017/18 Bank Supervision Annual report, 29 May

The Bank Supervision Annual Report will be released on Tuesday, 29 May 2018. A media lock-up will take place from 07:00 until 08:55 and will be followed by a presentation from 09:00.

If you wish to attend please register via media@resbank.co.za. Please note the venue change from previous Bank Supervision Annual Report releases.

The embargo lifts on the Bank Supervision Annual on Tuesday, 29 May at 9h00.

Source: Government of South Africa

Tourism must embrace all South Africans

Tourism Deputy Minister Elizabeth Thabethe says more work needs to be done to ensure that the benefits of tourism are accessible to all.

We must continue the work of MaSisulu and Madiba to promote inclusivity. Tourism must become a sector that embraces all South Africans, Thabethe said.

Delivering her department’s Budget Vote in Cape Town on Thursday, Thabethe said the South African destination experience relies on the diverse offerings of many enterprises.

We are also implementing human resource developmental initiatives in a way that will include the participation of more people, with a bias toward developing youth and women.

The Tourism Sector Strategy was completed in 2017 and has mapped the skills needed by industry, such as chefs training.

We will continue to provide our National Youth Chefs Training Programme in partnership with the South African Chef Associations (SACA) and other hotels and B&Bs, the Deputy Minister said.

Thabethe said the programme will enable unemployed youth to gain access to the hospitality industry once they have acquired their three-year qualifications in Professional Cookery and pastry.

We are happy to announce that this nationwide programme is now in its fifth phase and has benefited a total of 1867 young people. In the past year alone, we have seen 76 young chefs being placed in international hotels in the United States of America and 20 in the Seychelles, Thabethe said.

Thabethe said the 12 months placement in experiential learning has exposed the youth internationally and has sharpened their culinary skills in French, Portuguese and Italian cuisine, among others, to the extent that four of the young chefs were offered permanent employment in the Seychelles.

Through the US Placement Programme, created in partnership between the National Department of Tourism, Awesome Travel and the South African Chefs Association, have exposed 600 graduates to advanced cookery, restaurant management, hotel management, and financial management skills.

According to Thabethe, this financial year, 755 learners have enrolled in the Chefs Programme and upon graduation in 2020 will receive accreditation.

I am pleased to report that three weeks ago, our department won an award at the Global Summit of Women in Australia, Sydney, for its Youth Chefs Training Programme recognizing it as a best practice for addressing youth unemployment. Our efforts are indeed bearing fruit, the Deputy Minister said.

Thabethe said the Youth Hospitality Programme, now in its 4th year of implementation, has already benefited 6 813 unemployed youth.

This programme enrols youth in a twelve month learnership of theory and workplace training, leading to the attainment of accredited qualifications in Food and Beverage Services, Accommodation Services and a National Certificate in restaurants. In this financial year, we will recruit and train an additional 2 375 learners, Thabethe said.

Source: South African Government News Agency

Joint statement for Fourth BRICS Ministers of Environment meeting

Joint statement for the Fourth BRICS Ministers of Environment meeting Zimbali, Durban, South Africa

We, the Ministers of Environment and Heads of Delegation of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa, held the fourth BRICS Environmental Ministers’ Meeting in Durban on 18 May 2018.

We reiterate our commitment to the importance of 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs), which clearly articulate international development priorities and global development cooperation towards the ultimate goal of eradicating poverty by 2030.

Through adopting the SDGs, the global community has undertaken significant commitments towards sustainability, development, and prosperity that is shared and equitable, leaving no one behind. The means and mechanisms are of critical importance in the implementation of SDGs and the BRICS countries hereby call for early implementation of the Global commitments towards Technology Facilitation Mechanism and Financing for Development.

We welcome various partnerships for the implementation of the 2030 Agenda for Sustainable Development and call for good governance to enhance implementation actions to integrate sustainable development at the heart of social and economic development policies in relation to Sustainable Consumption and Production (SCP).

With respect to Climate Change, BRICS countries welcome the progress towards finalizing the Work Programme under the Paris Agreement and express our willingness to continue working constructively with other Parties to conclude its related negotiations at the UN Climate Change Conference (UNFCCC) Katowice in December 2018. We reaffirm our commitments to the Paris Agreement and urge developed countries to continue taking the lead and support developing countries, including the transfer of needed technology, which is one of the most critical enablers for climate action.

We reiterate the call to enhance cooperation and collaboration amongst BRICS countries in the field of biodiversity conservation, sustainable use and equitable access and benefit sharing of biological resources, and also undertake to promote cooperation in biodiversity-related international conventions and fora including on endangered species.

We will continue to collaborate on these issues to ensure the success of the Convention on Biological Diversity (COP14) to be held in Egypt in November 2018, and 70th meeting of the Convention on International Trade In Endangered Species of Wild Fauna and Flora (CITES) Standing Committee in Russia in October 2018. BRICS countries committed to fully support the efforts of China in hosting the COP15 of CBD to be held in 2020. Furthermore, we noted with appreciation Brazil’s invitation to BRICS countries to attend and fully participate in the 67th International Whaling Commission (IWC) conference to be held in Brazil from 4 to 14 September 2018.

We reviewed and acknowledged the progress made on the key outcomes of the First, Second and Third BRICS Environment Ministers’ Meetings hosted by Russia, India and China respectively. These outcomes included progress with implementation of the Environmentally Friendly Technology Platform, Clean Rivers Umbrella Programme and the Partnership for Urban Environment Sustainability Initiative and undertook to continue to implement these initiatives.

We acknowledge the progress in the establishment of the BRICS Environmentally Sound Technology (BEST) Cooperation Platform. The BEST Platform is intended to be a practical and results orientated, which would include partners, science and international organisations, civil society, private sector and financial institutions, including the New Development Bank (NDB). We will use this BEST Platform as a coordinating mechanism for the implementation of agreed upon projects and programmes under the BRICS Environment Memorandum of Understanding.

We welcome the promotion of cooperation within BRICS in the area of waste management and pollution prevention, in particular the theme of the 4th BRICS Environment Minister’s meeting of Strengthening cooperation amongst BRICS on Circular Economy in the context of the Sustainable Consumption and Production (SCP).

We reaffirm that the promotion of circular approach to Waste Management contributes significantly to the achievement of the SCP Goal as outline in SDG12 of the 2030 Agenda for Sustainable Development, as well as the United Nations Environment Assembly (UNEA) Towards a Pollution Free Planet theme.

We acknowledge that the circular economy approach in the context of SCP aims to keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life.

We welcome the vast potential in cooperation and collaboration in advancing the Oceans Economy amongst BRICS countries, which encompasses multiple sectors. We will explore enhancing our cooperation on Marine protection and ocean governance taking into account that the scope for cooperation may be limited to the programmes of environmental ministries, although the BRICS Ocean Economy cooperation will seek to influence and cooperate with all sectors of the oceans economy. We undertake to pursue this with the relevant government agencies and stakeholders, including the private sector.

We express our intention to enhance cooperation in the fields of water on the basis of sustainable development in an integrated way, addressing the themes of water security, flood protection, water supply and sanitation, water and climate and systematically facilitating water pollution prevention and control, aquatic ecosystem conservation and water resources management.

We underscore our collective interest in improving our national water infrastructure to secure and manage our natural water sources while considering the traditional knowledge of our indigenous and/or local communities related to water resources and the sustenance thereof.

We welcome the progress in the development on the Memorandum of Understanding (MoU) on Environmental Cooperation and look forward to signing it during the Chairship of South Africa of BRICS.

We also welcome the participation of UN Environment Programme and United Nations Industrial Development Organisation (UNIDO) in BRICS environmental cooperation.

We express our gratitude to the Republic of South Africa for hosting the 3rd Environment Working Group meeting (14 � 16 May 2018), 4th BRICS Environment Senior Officials and Ministers’ Meeting in Zimbali, Durban on 17- 18 May 2018.

We welcome the offer of Brazil to host the next BRICS Environment Ministers meeting in 2019.

Source: Government of South Africa