August 2016 – Newsletter

Making Africa food-sufficient requires eliminating post-harvest losses

For decades, Africa has been struggling without success to match food supplies with its booming population growth.

With 1.2 billion people, Africa needs to almost triple its current annual food supply levels to be able to make the continent food-sufficient.

While food importation is a growing complement to Africa’s food needs, home-grown food is the preferred solution due to the multiplier effects on local economies: increased agricultural production could mean more jobs, increased disposable income and an expansion in the agriculture sector, an area that is continually marginalised in most African countries.

Despite the enormous potential of farming in each of the continent’s 53 countries, the myriad of challenges bedevilling the agriculture sector –from land tilling to food processing and packaging – means that not much can be done to properly exploit the land to the benefit of the people.

One such challenge is post-harvest losses (PHL).

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South Africa making headway in digital migration

Pretoria – South Africa is making solid progress in its digital migration campaign, says the Department of Communications Chief Director: Digital Migration Programme Management Office, Dr Fhatuwani Mutuvhi.

In an exclusive interview with SAnews on progress made to date in the move away from analogue to digital broadcasting, Dr Mutuvhi said the digital terrestrial television (DTT) connections made in the core towns of the Square Kilometre Array (SKA) in the Northern Cape are testament that South Africa is putting its shoulder to the wheel.

The connections, Dr Mutuvhi said, were completed in June this year. The process saw all the households in the SKA area going through a successful migration from analogue to digital broadcasting. Over 3 700 households in Carnavon, Vanwyksvlei, Brandvlei, Vosburg and Williston have fully migrated to the digital broadcasting platform.

“We can proudly tell South Africans that all old-fashioned analogue transmitters in the core of the SKA area are ready to be switched off. This is a clear confirmation that as government, we are on course towards switching off all analogue transmitters in the country,” he said.

Government will announce the switch-off date for analogue broadcasting when more than 80% of households have been migrated to digital broadcasting.

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Capital Bank excels at 15th Ghana Banking Awards

Fast growing indigenous bank, Capital Bank, swept three awards at this year’s Ghana Banking Awards. The bank was adjudged the Best Growing Bank, Best Bank in Deposits & Savings and Best Bank in Household/Retail Banking at the 15th edition of the awards held in Accra.

Capital Bank’s successes at the awards, which was organised to reward excellence in the banking industry, comes after the bank was ranked eighth at the 2016 Ghana Club 100 awards for the banking category and 25th in the club of 100 most prestigious companies in the country.

Commenting on the successes chalked by the bank in the year, the Managing Director of Capital Bank, Rev. Fitzgerald Odonkor, said being recognised for an excellent performance barely years after becoming a universal bank was an indication that the bank was on track to achieving its strategic goal of being a tier one bank in less than five years.

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Oil industry has made strides — Kosmos vice prez Joe Mensah

Ghana in less than a decade after the discovery of oil and gas has made tremendous strides, having successfully developed two independent oil fields with plateau production of more 100,000 barrels and 80,000 barrels respectively

Dotsey Koblah Aklorbortu of the Graphic Business (GB) caught up with Mr Joe Mensah (JM), the Vice President and Country Manager of the Kosmos Energy, Ghana, the international oil company that discovered the country’s first hydrocarbon deposits offshore Cape Three Points, to share his thoughts on the milestones and the future of the industry.

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Industrial parks revival a boon to SA economy

Polokwane – The revitalisation of industrial parks across the country has taken centre stage at the Department of Trade and Industry, as South Africa seeks ways to breathe new life into communities that have been left out of the mainstream economy.

SAnews on Wednesday joined a Brand SA media tour to Limpopo to visit one of the five industrial parks in that province, Seshego Industrial Park. The park is managed and owned by the Limpopo Economic Development Agency (LEDA).

The park houses about 72 factories which include manufacturing, agro-processing, services and storage enterprises, among others. The Head of Land and Property Development at LEDA, Mouric Molepo, says they hope to see manufacturers more than any other industrialist renting space in the park because it is this sector that creates the most jobs.

Around 1 550 jobs have been created through the Seshego Industrial Park in large industries, while small industries in the industrial park have created about 240 jobs.

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