OVER R100 MILLION EARMARKED FOR AFFORDABLE EDUCATION IN GAUTENG

09 May 2017: An investment of R108.5million has been approved for the development of three new schools in the Gauteng region.

A partnership between the Schools and Education Investment Impact Fund of South Africa (Schools Investment Fund) – located within the Impact Funds business unit of Old Mutual Alternative Investments - and Blue Hills Management Company (Pty) Ltd, will provide access to high quality, affordable education for 2 100 learners.

The investment will bolster Blue Hills Management Company (Pty) Ltd capabilities already offered at Blue Hills College in Midrand by providing funding for the development and operation of a preparatory school alongside the college, which currently offers high school education, and for the development of an additional affordable primary and high school in the Gauteng region.

Willem van der Merwe, investment professional of the Schools Investment Fund, explains that the three additional schools are forecast to create space for learners who would otherwise not have access to quality education in the area. “The private sector is committed to playing a role in solving the dilemma that the South African education is facing through various means – in this case through impact investing.”

“The Schools and Education Investment Impact Fund of South Africa invests in affordable, independent schools and works closely with institutions who demonstrate strong leadership and effective management structures, thereby ensuring dual positive outcomes of the investment – both for society, in terms of delivery of quality education, and for investors, in terms of a commercially acceptable return.”

He adds that it was for this reason that Blue Hills College, managed by Blue Hills Management Company, was selected as a partner by the fund’s three investors, namely Old Mutual Life Assurance Company South Africa, the Government Employees Pension Fund through its asset manager the Public Investment Corporation, and the Eskom Pension and Provident Fund.

Established in 1996 by brothers Roy Ndlovu and Chief Ndlovu, Nkululeko Mpofu and David Mlaudzi, Blue Hills College has evolved from being a small-inner city school to a well-established independent institution with boarding and an excellent academic record.

Originally located in the Johannesburg Central Business District under the name of St Paul’s, the school initially catered for both primary and high school learners. The school relocated to Braamfontein in 1998, where it grew from approximately 250 to over 400 learners, before the decision was taken in 1999 to change the name to Blue Hills College, cater only to high school learners and move to a larger, permanent location in Midrand in order to establish linked boarding facilities to accommodate learners living outside the region.

Presently, Blue Hills College offers education to 550 learners, and over the past 10 years has produced a matriculation pass rate averaging above 95%. The college also offers boarding to 270 of its learners. Amongst other accolades, Blue Hill College is also a member of ISASA, a prestigious body for independent schools of Southern Africa.

Roy Ndlovu, CEO and FD of Blue Hillssays, “Every child deserves a good education, and we are happy that Old Mutual has provided us with this opportunity to reach out to as many learners who could otherwise not afford the high fees that are concomitant with independent schools.”

He adds, “The first Preparatory School is set to open in 2018, followed by another Affordable Preparatory and High school in 2019. Together, they will create 2 100 additional opportunities for learners to access affordable, quality education.”

In the meantime, he says that Blue Hills has sourced qualified, dedicated teachers who are committed to the school’s Academic, Cultural and Sporting program so that graduates of Blue Hills will emerge as fully rounded individuals, molded by the Blue Hills ethos and opportunities, “Prepared for life”.

Marketing Director of Blue Hills Management Company, Chief Ndlovu, has also set plans in motion to ensure that the Preparatory is well marketed and accessible to the community. “School buses will be available to provide timely convenience to parents and will transport learners at a reasonable fare.”

As the investment is implemented over the next three years, it is anticipated more schools will follow, with a target to create around 15 000 new learner opportunities across the country in the next six years. “Blue Hills has a strong visionary team to see us through this exciting period of growth, and the Schools Investment Fund has just made our goals more achievable,” concludes Chief Ndlovu.

the dti TO LEAD SPECIAL ECONOMIC ZONES INVESTMENT ROADSHOW TO CHINA

The Department of Trade and Industry (the dti) will lead a 25-member delegation drawn from all Special Economic Zones in South Africa on an investment roadshow to the Chinese cities of Guangzhou and Shenzhen from 6-11 May 2017. The objective of the roadshow is to attract investors to the country’s Special Economic Zones (SEZs). The delegation will consist of high-ranking officials of the dti, SEZs and provincial economic development agencies.

The investment roadshow will take place in the form of seminars and business roundtables where the South African delegation will present on the country’s SEZ opportunities. Each seminar will be followed by networking and match-making sessions.

 

According to the Minister of Trade and Industry, Dr Rob Davies, the roadshow is part of the implementation of the undertakings of the Comprehensive Strategic Partnership Agreement (CSPA) signed between SA and China in 2011, and also the Forum on China-Africa Cooperation (FOCAC) Summit in Johannesburg in 2015. China agreed to support SA and Africa’s initiatives of industrialisation and beneficiation.  It is also part of the implementation of the Strategic Partnership Agreement that the dti signed with the Bank of China in March this year.

“The investment roadshow seeks to attract varied potential investors in different sectors to invest in the South African SEZs.  As our focus in regard to the SEZ implementation programme is on attracting Investments into the SEZs, the ultimate objective of the roadshows of this nature is to bring high-level local and international investors together with a view to entice them to invest in South Africa. The seminars will provide a platform wherein the South African SEZ operators will have an opportunity to meet and present their value propositions to potential Chinese investors, finance Institutions, and government representatives,” says Minister Davies.

He adds that the dti seeks to derive value from the cooperation agreement with China on SEZs, particularly as South Africa embarks on industrialisation and mineral beneficiation programmes. Currently, there are major flagship investment projects that South Africa is implementing in partnership with Chinese government. These include the planning and development of high-tech and science industrial parks, a metallurgical SEZ, and capacity building programme.

“China is the second biggest economy in the world, and the biggest South Africa’s trading partner. China’s market remains a key strategic priority for South Africa’s raw material and value-added products. More importantly, the dti has entered into a number of strategic partnerships with the Chinese government. The main purpose of these strategic partnerships is to foster cooperation on Investment promotion and facilitation, infrastructure development, exchange of information and human resource development,” says Minister Davies.

He stresses that in order to have vibrant SEZs and competitive regional economies, it is necessary to continuously implement a systematic marketing and investment approach for various SEZs in SA and to also state their value proposition to potential investors.

Enquiries:

Sidwell Medupe-Departmental Spokesperson

Tel: (012) 394 1650

Mobile: 079 492 1774

E-mail: MSMedupe@thedti.gov.za

Issued by: The Department of Trade and Industry

Follow us on Twitter: @the_dti

Minister Davies to launch Vulindlela Industrial Park Mthatha

The Minister of Trade and Industry, Dr Rob Davies will launch the first phase of the revitalised Vulindlela Heights Industrial Park in Mthatha on 15 May 2017.

Minister Davies, who will be accompanied by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe, is expected to be joined by the MEC for Economic Development, Tourism and Environmental Affairs in the Eastern Cape, Mr Sakhumzi Somyo, Executive Mayor of OR Tambo District Municipality, Councillor Nomakhosazana Meth, Executive Mayor of King Sabata Dalindyebo Local Municipality, Councillor Dumani Zozo, and the CEO of the Eastern Cape Development Corporation, Mr Ndzondelelo Dlulane.

The first phase of the dti’s Revitalisation of Industrial Parks Programme focuses on the security infrastructure upgrade, fencing, street lighting and critical electricity requirements.

According to Minister Davies, Vulindlela’s launch marks a significant milestone in the implementation of the Department of Trade and Industry’s (the dti) Revitalisation of the Industrial Parks Programme which is part of the Industrial Policy Action Plan (IPAP). The programme promotes industrialisation in the country in order to boost the manufacturing capacity to increase the production of exportable goods.

“The multi-million programme is also in line with the dti’s economic transformation initiatives to ensure that all regions and enterprises participate meaningfully in the mainstream economy.

the dti responded to a call by President Jacob Zuma to work towards full-scale industrialisation and inclusive growth, and developed a structured programme for the revitalisation of state-owned industrial parks across the country,” says Minister Davies.

He adds that the dti recognises that the parks are catalysts for broader economic and industrial development in their host regions. They also contribute to economic growth, diversification of economic activity, attracting investments, job creation and addressing inequality.

During his response to the debate on the State of the Nation Address in February, President Zuma said: “We will use the special economic zones and industrial parks as instruments of boosting jobs and inclusive growth, and to decentralise economic activities away from the usual urban centres, as part of economic transformation.”

Vulindlela Heights will be the second industrial park that will be launched in the Eastern Cape after the completion of the first phase of their revitalisation. In November last year, Minister Davies and MEC Somyo launched the revitalised Komani Industrial Park in Queenstown. The two are amongst the six that the dti upgraded in various provinces last year at a cost of R189 million.

In his 2017/2018 Provincial Budget Speech MEC Somyo highlighted his department’s efforts to resuscitate the province’s industrial parks.

He said once fully functional, the parks would be key centres for employment creation and industrial development for the Eastern Cape away from the perceived urban economic centres.

Enquiries:

Sidwell Medupe-Departmental Spokesperson

Tel: (012) 394 1650

Mobile: 079 492 1774

E-mail: MSMedupe@thedti.gov.za

Issued by: The Department of Trade and Industry

Follow us on Twitter: @the_dti

 

OR

 

Mr Tobile Gowa

Spokesman for MEC Sakhumzi Somyo

Mobile 078 184 7153

Email tobileg@yahoo.com

Follow us on Twitter: @dedea_EC

Johannesburg state of the city address

This morning the residents of Johannesburg will wake up to a State of the City address to be delivered by Mayor Mashaba. Nine months after assuming office, we can confirm that the DA and its coalition government have not delivered in terms of the 10 Point Plan announced by the Mayor last year.

It must be noted first and foremost that Mr Mashaba will deliver his address from within the state of the art ANC government built Council Chamber. This is a green building that resembles Africa's Council (Kgotla) in which the leadership meets to discuss community issues. This building makes provision for accommodating the increased number of Councillors, it makes provision for the attendance of Council meetings by residents and media houses to ensure transparency in the manner in which Council business is conducted.

Mr Mashaba came up with a so-called 10 point plan. This is how Mashaba has performed:

1. Ensure that the entire City adjusts its mindset to the environment of a new coalition government

This was totally irrelevant to put in the plan. However, we can confirm that Mashaba has begun a program to divide the people of Joburg and possibly planting a seed of Black on Black violence experienced in the 80's and 90's. This is evident in the recent IDP meetings where community members were forced out of public meetings, thereby denying them their constitutional right to participate in shaping the city's plans.

2. Run a responsive and pro-poor government

This sounded very positive but Mashaba's actions proved to be anti-poor. The cancellation of Jozi@Work program practically condemning 8000 people to unemployment and preventing a further 50 000 Joburgers from benefiting from the program over the next four years. This proves that Mashaba and the DA coalition government are anti-poor.

3. Achieve a minimum 5% economic growth

This is very ambitious and should be supported. However, we have over the last nine months asked for the DA'S plan to grow the economy but the plan has not been forthcoming. So a 5% economic growth was thumb sucked and not based on any scientific research.

4. Create a professional civil service that serves the residents of Joburg with pride

This pre-supposed that the city of Johannesburg was filled with incompetent people who didn't serve the residents with pride. The professional civil service to be created by Mashaba is still yet to be seen. All we have seen is the appointment of former DA Councillors in city positions. We have seen many attempts by Mashaba to fire senior managers simply because they were employed by the ANC government.

5. Ensuring corruption is public enemy number one

The fight against corruption is supported by the ANC. However, under Mashaba Johannesburg has become a police state where the JMPD is used to suppress residents and abandoning their traffic management and by-law enforcement responsibilities. In the last nine months Mashaba has been chasing corruption ghosts and we are yet to see tangible evidence of investigations done by Mashaba. Where is the report on the City Power forensic investigation commissioned by Mashaba and how many millions were paid in pursuit of a corruption ghost at City Power?

6. Produce an official housing waiting list

The production of the housing waiting list for Joburg was initiated by the ANC government. This is why Mashaba has not published the list as it contained a background and introductory statement that trace the development and production of the waiting list back to the ANC government.

7. Produce a list of semi-completed housing units

We are yet to see the list of semi-completed housing units in Johannesburg. But we have seen completed social housing units in Devland ward 24 standing idle and being vandalised in the process. We have seen the cancellation of the Kliptown Turn-key housing development that would have accommodated a total of 1200 families.

8. Fast track the delivery of title deeds

Mr Mashaba rushed to issue title deeds that he found ready for delivery to rightful owners. We are yet to see Mashaba delivering more title deeds as he promised.

9. Initiate a pilot project for a clinic to operate for extended hours

A clinic operating for extended hours has been piloted. We are monitoring the functioning of this clinic.

10. Revitalise the inner city of Johannesburg

Nothing has been done so far to revitalise the Inner city of Johannesburg. Instead the ANC initiated Inner City Property Scheme has been relegated as a non-priority for the city.

Given the performance of Mashaba and the coalition government we can assign a score of half a point out of 10 for his spectacular failures.

We are aware that Mashaba and the coalition partners will stop at nothing to vilify the ANC at the State of City Address. They will do so to provoke our Councillors to an extent that violence erupts and the ANC is blamed as a sore loser. We want to assure the residents of our City that the ANC will continue to constructively participate in Council meetings in order to ensure that Council decisions benefit all residents.

Issued by

Jolidee Matongo
ANC Joburg Region
Spokesperson
072 633 9956

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