World Bank Seminar

On Friday the 29th of September 2017, The Executive Director of the World Bank Group representing Angola, Nigeria and South Africa, Ms Bongi Kunene invited the South African companies to stake a claim to the US$45 billion that the group has set aside for projects in Africa. This took place at the Radisson Blu Gautrain Hotel in Sandton.

Kunene was speaking at seminar on Doing Business with The World Bank Group that was co-hosted with the Department of Trade and Industry (the dti) through its Trade Invest Africa Division in Sandton today. The purpose of the seminar was to provide a platform for the Group to share information on how it works with the private sector in partnership with governments, as well as its

“This seminar provides a perfect opportunity for us to share with the private sector opportunities that are available in the World Bank Group. We have raised US$72 billion for the low-income countries of the world and as a board we have decided that US$45 billion of that money will be spent in Africa. The clients are African governments but as you know, most of government work is executed by contractors. Today is the opportunity for the World Bank to explain to all of you South African businesses how to make it as a contractor,” said Ms Kunene.

She added that the money will be used in various sectors of infrastructure. These include economic infrastructure such as roads, water and energy.

“But we will go beyond economic infrastructure and also touch on social infrastructure including hospitals. We will also help government to procure goods and services such as books, computers and medical equipment. So this provides a vast opportunity for any company that qualifies to be able to participate in the projects, she said

The Acting Chief Executive Office of Trade Invest Africa (TIA), Ms Lerato Mataboge said the seminar was in line with TIA’s mandate of assisting South African businesses access investment and trade opportunities in various parts of the African Continent.

 

“It was essential for us to partner with the World Bank Group for this seminar so that companies would get directly from the Bank’s officials the projects that are available and what the requirements and processes that they need to follow are.  We are hoping that most of the

Staff Reporter

On Friday the 29th of September 2017, The Executive Director of the World Bank Group representing Angola, Nigeria and South Africa, Ms Bongi Kunene invited the South African companies to stake a claim to the US$45 billion that the group has set aside for projects in Africa. This took place at the Radisson Blu Gautrain Hotel in Sandton.

Kunene was speaking at seminar on Doing Business with The World Bank Group that was co-hosted with the Department of Trade and Industry (the dti) through its Trade Invest Africa Division in Sandton today. The purpose of the seminar was to provide a platform for the Group to share information on how it works with the private sector in partnership with governments, as well as its

“This seminar provides a perfect opportunity for us to share with the private sector opportunities that are available in the World Bank Group. We have raised US$72 billion for the low-income countries of the world and as a board we have decided that US$45 billion of that money will be spent in Africa. The clients are African governments but as you know, most of government work is executed by contractors. Today is the opportunity for the World Bank to explain to all of you South African businesses how to make it as a contractor,” said Ms Kunene.

She added that the money will be used in various sectors of infrastructure. These include economic infrastructure such as roads, water and energy.

 

“But we will go beyond economic infrastructure and also touch on social infrastructure including hospitals. We will also help government to procure goods and services such as books, computers and medical equipment. So this provides a vast opportunity for any company that qualifies to be able to participate in the projects, she said

The Acting Chief Executive Office of Trade Invest Africa (TIA), Ms Lerato Mataboge said the seminar was in line with TIA’s mandate of assisting South African businesses access investment and trade opportunities in various parts of the African Continent.

 

“It was essential for us to partner with the World Bank Group for this seminar so that companies would get directly from the Bank’s officials the projects that are available and what the requirements and processes that they need to follow are.  We are hoping that most of the

Youth imbizo story

On the 16th of September 2017, Multipurpose was the host to a Youth Imbizo event organised by an orgnisation called Fronesus Students Development Trust, the imbizo was organised as a way for the youth to showcase local talent and find out what can be done to make them an integral part of society.

Fronesus Students Development Trust, have services that include women and youth development. Their youth development project is called Zone14 youth development, they hosted the youth imbizo.

‘’ The reason for this youth imbizo is to bridge the gap between the youth and the government, we know that there is a high unemployment rate and lack of information for various things because the youth do not have access to things such as Wifi, so these expos will be a  networking session for the youth.’’ Said Tsitsi Sekgobela, founder of Fronesus Student Development Trust.

The Zone14 youth development wants to make this imbizo an annual event, so as to assist a new group of youth every year. The venue is dependent on the number of people that come to the youth imbizo. So youth is encouraged to find out about these programs and become a part of them so as to equip them with information

‘’ Government has a lot of programs that are there to assist unemployed youth that we are not aware of, programs that can assist youth in schools with early work experience and other things such as internships.’’ She explained

This year the imbizo focused on Integrated Development Plan (IDP), which is a super plan for an area that gives an overall framework for development. It aims to co- ordinate the work of local and government in a plan to improve the quality of life for all the people living in the area.

‘’ We went to the speaker’s office and asked them to come and unpack the IDP for the youth, so that they understand what the IDP is, because most of them do not know what it is. They do not know what government entity to approach for help with things such as starting a business and needing funding.’’ She continued

This year’s Youth Imbizo was made to highlight the issues that affect the youth such as unemployment, crime and poverty, it is important that the community supports and encourages the youth to grow and develop themselves for the future and for them to have the relevant information they need to grow.

Jozi Regional entrepreneurship summit

On the 14th of September 2017, the Roodepoort Theatre together with the City of Johannesburg hosted the Jozi Regional Entrepreneurship Summit. The summit was organised so as a way to drive the need for small businesses and young entrepreneurs in order to grow the city of Johannesburg as well as the Gauteng economy.

A key part to assisting entrepreneurs is to help Small Medium Micro Enterprises (SMMEs) collaborate and foster relationships to build an entrepreneurial ecosystem that will bolster the economy and create more jobs. For this reason the City has decided to host the 2017 City of Johannesburg Regional Summits and Symposium. The vision is to create an ecosystem where entrepreneurs collaborate to meet the needs of society and grow the economy.

During the Summit issues such as funding for new or starting out entrepreneurs was discussed. As well as the red tape that many small business owners have experienced when dealing with the city of Johannesburg. The city has to address the various issues that accompany being an entrepreneur in Gauteng

‘’ The City of Johannesburg’s( CoJ) Department of Economic Development (DED) is preparing to host a Joburg Entrepreneurship Ecosystem Symposium to address and improve entrepreneurial ecosystems, in order to grow the economy and facilitate job creation. Catering for delegates drawn from the City’s seven regions, the Symposium is set to take place at the Joburg Theatre on 23 & 24 October 2017.’’ Said Clr Leah Knott, MMC:Economic Development

This will be the first entrepreneurship ecosystem symposium in Johannesburg – a gathering of government, private sector, educational institutions, NGO’S and, most importantly, entrepreneurs.  The purpose of the entrepreneurship ecosystem symposium is to create actionable plans that will assist in growing entrepreneurship.

“As the department of Economic Development’s 17/18 Financial Year deliverables, we have committed to increased regional economic development and support towards entrepreneurial development. In order to succeed, such an approach can only work through stronger alignment between the department and regional offices as well as collaboration between the city, private sector and small businesses.’’ She explained

Leading up to the citywide symposium will be a series of Regional Economic Summits, which the DED will run in partnership with the regions.

“This is a citywide event, looking at affirming the city’s position on entrepreneurship and future working groups with regional offices, small business, the private sector (Business Chambers), academics and industry players.” She continued

This summit is meant to introduce and help entrepreneurs to the economic landscape of Gauteng and will hopefully help young entrepreneurs be able to get a foot in the door and be a part of the economic transformation of the city as well as the province.

Meridian Heritage Day Celebration

On Friday the 22nd of September 2017, students from Meridian Cosmo City came out in their traditional attire to celebrate Heritage Day. This day was also celebrating Mandela Day for Meridian. The festivities took place at their school hall, the whole school was involved, grade R to 7 in the morning and 8 to 12 from 11am until 2pm.

Heritage Day is a day in the South African calendar where being different is celebrated instead of misunderstood. It is a day where people show off where they come from through their traditional clothing, and one where people do not mind talking about the things that make their culture unique and beautiful to them.

‘’ These 2 days are significant in the history of our country. Looking at Heritage Day, it is very important to remind ourselves about our culture, about our diversity and for us to always remember that in our diversity we must find unity.’’ Said Mr Vusi Masuku, Executive Head of Meridian Cosmo City.

Mandela Day is a day where South African hearts are open to giving and doing more through their resources, to help the less fortunate by remembering the sacrifice made by the late Nelson Mandela for the liberation of this country. It was celebrated on the 18th of July, which is Nelson Mandela’s birthday.

In celebration of this spirit of ubuntu the students of Meridian came together and collected nonperishable food items. They then packaged them into food parcels and selected from the elderly people of Cosmo City, 18 fortunate grandparents were given these parcels.  .

‘’ These days are an opportunity for us to remember how privileged we are and that there are people out there who are not as privileged and for us to lend a helping hand whenever possible so that people do not feel forgotten.’’ He explained

Celebrating who you are and where you come from is what heritage day is all about, it unifies all 11 official South African languages through culture are celebrated it is an opportunity to learn about different cultural norms.

‘’ Our children respond very well to days like these and parents do very well in educating our children about their cultures, they are very proud and excited about today’s festivities. Parents have done an amazing job in instilling the importance of knowing who you are. Just as the colours of the rainbow sit neatly next to each other, we can also unify as people.’’ He concluded.

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