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Tag Archives: south africa

Absa, China Bank To Boost SMEs Funding

THE small and medium enterprises (SMEs) in Zambia are expected to benefit from a five-year US$100 million special facility agreement signed by Absa Bank Limited and the China Development Bank (CDB). Absa Bank Limited, which is a subsidiary of the Barclays Africa Group (BAGL), is committed to providing support to …

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SA, China to Participate in Trade Talks

South Africa and China will over the next few days participate in two BRICS [Brazil, Russia, India, China and South Africa] trade Ministers’ meetings. Trade and Industry Minister Rob Davies, who arrived in China on Friday, is due to attend the Industry Ministers two-day meeting which gets underway in Hangzhou, …

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Chinese state councilor meets senior representatives on security issues from S.Africa, Brazil, India

Chinese State Councilor Yang Jiechi Thursday met separately with senior security representatives from South Africa, Brazil and India. South African Minister of State Security David Mahlobo, Brazilian Institutional Security Minister Sergio Etchegoyen, and Indian National Security Advisor Ajit Doval were in Beijing to attend the seventh meeting of BRICS senior …

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Nkoana-Mashabane conclude a successful working visit to China

International Relations and Cooperation Minister Maite Nkoana-Mashabane has concluded a successful working visit to China. “The purpose of the visit was to meet with my counterpart, Minister WANG Yi and Vice Minister of Finance SHI Yaobin to discuss the South Africa-China Comprehensive Strategic Partnership and progress we are making bilaterally,” …

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Chinese Envoy Dr Lu Youqing – How to Hit 7 percent on FDI

Tanzania needs to attract more foreign direct investment (FDI) to realise its goal of attaining seven percent economic growth, according to the Chinese ambassador to Tanzania, Dr Lu Youqing. Dr Lu told a news conference on Wednesday that Tanzania’s investment needs in 2016/17 amounted to $13.422 billion, while corresponding domestic …

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African travel companies more excited with Chinese visitors?

Africa is becoming an increasingly popular holiday destination among adventure-seeking Chinese tourists. The numbers of visitors who went to Africa in 2016 was up sharply due to looser visa restrictions and new direct flights between China and Ethiopia, Kenya and South Africa among other popular destinations. Chinese arrivals in South …

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Chinese Media Make Inroads Into African Continent

For years, China has been pumping billions of dollars across the African continent to build large-scale infrastructure projects and grant cheap loans in exchange for access to the continent’s natural resources and growing markets. And lately, along with its economic and political engagements, Beijing has also been making significant strides …

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China’s Africa Policy Addresses Poverty

China’s policy towards Africa has the potential to lift the continent out of poverty if all its contents are implemented accordingly. In the last nine years, the Asian economic giant released two position papers on its policy on Africa, which act as guidelines to its dealings with the continent. The …

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China Ivory Trade Ban gets Prince William praises

Prince William on Monday praised China’s decision to ban all ivory trade and processing activities by the end of 2017. The Duke of Cambridge said the move could save elephants from extinction. China, which has the biggest ivory market in the world, made the announcement following a resolution at the …

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Stumbling Blocks for FDI Flow Mentioned at CNIE workshop

A workshop heard on Tuesday that Chinese investors are committed to invest in Africa but are held back by lack of proper information on the continent’s business environment. The Secretary General of Chinese Follow-up Committee for the Forum on China-Africa Cooperation, Amb Lin Songtian said African think tanks and media …

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China, South Africa to match mine wits possibly exceed Australia’s position

South Africa and China will look to match – or possibly exceed – Australia’s leading position in underground mine communications and geospatial informatics through the extended mining research partnership between the University of the Witwatersrand (Wits) and China University of Mining and Technology (CUMT). Wits and CUMT earlier this month …

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SA Parliament’s members Consider Friendship Group Idea with Chinese Counterparts

Members of Parliament in the Portfolio Committee on International Relations and Cooperation, and their Chinese counterparts are looking to foster relations by establishing a China-SA friendship group. National People’s Congress of China Vice-Chairman of the Foreign Affairs Committee, Ms Zhao Baige, visited the South African national parliament recently and said …

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China helping rural Kenyans access adequate healthcare

Four modular container clinics donated by the Chinese government will be used to provide healthcare in remote parts of Kenya. The donation made possible by the Shenzhen Institute of Advanced Technology in the Chinese Academy of Sciences, is valued at 2.75 million yuan ($400, 000) to the Kenyan government. At …

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UNAIDS participates in China-Africa Children Summer Camp

Chinese version of award-winning book is launched at the Opening Ceremony. The China-Africa Children Summer Camp opened on December 5 under the theme of “Love in the Sunshine”, bringing together 60 young people living with or affected by HIV from China, Ghana, South Africa and Zimbabwe. Held on the grounds …

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BUY RIGHT @ ELECTRONIC WHOLESALE

Electronic Wholesale Shop in China Southern Africa Expo and Trade Centre is making shopping fun with their exciting range of products. The shop which is located on the ground floor of the mall is one of the busiest ever with pioneering products. The shop has been operating at the mall …

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YOU SHOULD TRY ALL NUNU CRAFTS

  Try All Nunu Craftsmen is taking the African tradition craft business to greater heights with their latest designs of art. Try All Nunu Craftsmen design and manufacture light for both outdoor and in-house decorations as well as cutleries. The crafters use animal skins, horns and bones to create their …

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METRO SYSTEM SA RELEASES UNIQUE SOUND

Metro Systems South Africa has top of the range Eminence Sound Speakers to sooth your car and household sound and they are internationally made. The American manufactured Eminence Speakers are rocking the sound waves at the China Southern Africa Expo and Trade Centre. The shop is the only supplier of …

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China, South Africa agree on five key areas of cooperation

China and South Africa agreed here on Tuesday to enhance cooperation in five key areas including politics, economy and trade as well as people-to-people exchanges. The agreement was reached at the sixth plenary session of the China-South Africa Bi-National Commission, which was jointly presided over by Chinese Vice President Li …

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Chinese in South Africa note with concern rhino poaching crime

Chinese Embassy in South Africa has posted on their facebook page the remarks by their spokesperson on The Poachers Pipeline released by Al Jazeera. Al Jazeera Investigative Unit released a documentary called The Poachers Pipeline that evoked condemnation from many commentators. The documentary is about a self-confessed criminal Guan Jiang …

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Chinese parlour employee denies involvement in poaching scandal

Wei Chelsea, a Chinese employee at the notorious Mpumalanga Massage Parlour owned by a self-confessed rhino poacher Guan Jiang Guang, who fingered South Africa’s State Security Minister  as his accomplice, has denied being involved in the syndicate. Chelsea, who visited the Chinese Community Policing Forum (CPF) in Joburg on November …

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Eskom signs agreement with China Development Bank

Eskom and the China Development Bank (CBD) have signed an inaugural $500 million (R7 billion) credit facility agreement that will go towards the parastatal’s capital expenditure programme. “The successful execution of this credit facility increases the funding secured for financial year 2016/17 to R51 billion, meaning we have secured 75% …

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China-Africa Children Summer Camp opens in Beijing

China-Africa Children Summer Camp opens in Beijing China’s first lady Peng Liyuan called for more social support for children affected by HIV/AIDS at the launch of the Love in the Sunshine China-Africa Children Summer Camp on Friday. Fifty-seven children from China, South Africa, Ghana and Zimbabwe arrived in Beijing on …

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China Supports The Ban Of Trade On Elephant Ivory

A heated debate is expected at the upcoming 17th meeting of the Conference of the Parties (COP) to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) in Johannesburg as Africa is divided on whether to allow trade on elephant ivory, experts said on Tuesday. …

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SOUTH AFRICA RENMINBI USAGE UP BY 65 PERCENT

Renminbi usage for payments in South Africa has increased by 65% over the last 12 months and by 112% over the last 24 months, says global financial messaging services firm SWIFT.   According to the firm, renminbi payment messages, excluding domestic traffic, increased by 70% over the past 12 months. …

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Coega courts R11bn Chinese deal in South Africa Cape Town

Cape Town – The Coega Development Corporation (CDC), has signed the biggest automotive investment deal in Africa in the last 40 years. The R11bn investment is with the Beijing Automobile International Corporation (BAIC) for a completely knocked down (CKD) automotive manufacturing plant in the Coega Industrial Development Zone (IDZ). The …

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2016 TRUCK X CONFERENCE AND EXPO

Truck makers, telematics, technologist and logistic business expert came together, to the exhibition of the 2016 truck x conference, to get all the  latest trends involving cars, including the challenges in the local transport sector faced by many motorists. We were also among the media invited at the expo held …

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South Africa’s best universities vs BRICS countries

The 2016 edition of the QS University Rankings: BRICS, features a dedicated ranking of the top 250 universities in the five countries of Brazil, Russia, India, China and South Africa. These five nations exert significant regional influence, and cumulatively account for 42% of the world’s population. The rankings draw on …

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General Ban Ki-moon Addresses AIDS conference in South Africa

More than 18,000 global leaders, scientists, advocates, and frontline health workers gathered today in Durban, South Africa, for a United Nations-cosponsored international conference on AIDS, to advance knowledge about HIV and build innovative partnerships to strengthen global response to the endemic. “I call for Durban 2016 to mark the commitment …

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China, South Africa condemn South Sudan fighting

BRICS members China and South Africa have expressed grave concerns over the renewed fighting in South Sudan’s capital Juba, amid rising fears that the country is returning to civil war. “These shooting incidences threaten to draw back the promising gains made through the compromised Peace Agreement and the recently formed …

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Solo in China: Kentridge on his latest work

William Kentridge’s work Notes Towards a Model Opera was the centrepiece of his first solo exhibition in China. From the origins of ballet in Paris, Kentridge overlays the aesthetic and ideological transformations of ballet as it is transplanted across the globe, an arch of influence juxtaposing contexts as disparate as …

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South Africa and China sign nuclear energy cooperation pact

Nuclear energy regulators in South Africa and China have signed a technical cooperation agreement as Africa’s most industrialised economy presses forward with controversial plans to build eight new nuclear reactors. The deal, which includes “licensing procedures, vendor inspections, inspector training and joint inspections and technical support“, was signed last week …

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SA schools to teach Mandarin

Mandarin will be taught in South Africa next year but those who opt to take it can rest easy as the language will not be examined. Speaking in the Gauteng legislature yesterday, Gauteng education MEC Panyaza Lesufi confirmed the subject would be offered but said it would not be compulsory …

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Beijing flies non-stop to South Africa

Air China announced at its 23 October press conference in Beijing that it will commence the Beijing-Johannesburg direct service on 29 October 2015. In attendance were Ms Rosemary Mashaba, Minister Plenipotentiary at the South African Embassy in China; Mr Wang Mingyuan, Vice President of Air China, Mr Mai Bo, Country …

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China leads tourism slump to South Africa

A comparison between June 2014 and June 2015 shows that, with the exception of France, the number of tourists decreased for all the other nine leading overseas countries, according to data released by Statistics SA. China had the largest decrease of 28.4% – from 5 823 tourists in June 2014 …

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China has no appetite to colonise Africa – ANC

Johannesburg – China does not have the appetite to colonise Africa, ANC legislature and governance subcommittee member Ayanda Dlodlo said on Monday. “But besides the appetite I think we are a vigilant lot of leaders who will not succumb to any attempts,” she told reporters in Johannesburg during an engagement …

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US trying to destabilise China – ANC

Johannesburg – The United States is trying to destabilise South Africa’s major trading partner, China, the ANC says in documents for its national general council. South Africa’s trade with China surpassed $400bn in the current financial year and the US is trying to rally China’s neighbours against it, the party …

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Chinese Community Police Forum

A look at why the Chinese Community Police Forum was formed and how they have curbed the fight against crime in their society. The Chinese community, because of their vast range of businesses they became an easy target to crime. The members of their community were always complaining about crime …

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China’s Hisense aims for bigger bite of African market

China-Africa Development Fund, Hisense Opens New Industrial Park in South Africa

More than 100 dealers and agents from around the world joined China’s electronics manufacturer Hisense in a meeting in Cape Town aimed at bigger share of African market. Statistics show that Hisense televisions and refrigerators have a 20 percent market share in South Africa, ranking second in the industry. The …

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South Africa should learn from the Chinese

sa_learn_from_china

South Africa should raise the economic growth rate and promote inclusive growth to win the fight against poverty, inequality and unemployment, Trade and Industry Minister Rob Davies said. “For us as a country, industrialisation is fundamental and we need to move-up the value chain,” Davies said at a two-day Export …

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S. African scholar, Chinese businessmen see closer Sino-Africa ties

Two Chinese companies operating in South Africa on Thursday reiterated their commitment to Africa’s economic growth and predicted that Sino-African relations are poised for growth. Representatives of FAW Vehicle Manufacturers (SA) and UnionPay, a global leading bankcard service, were contributing to a panel discussion in Johannesburg on Sino-Africa relations. Charles …

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China-South Africa Ties “at Best Time”: Xi

The ties between China and South Africa are at the best time in history, with strong development momentum, Chinese President Xi Jinping told his South African counterpart, Jacob Zuma during their meeting in Ufa, Russia on Thursday. The two leaders met ahead of the BRICS and Shanghai Cooperation Organization summits …

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SA set for leadership in Brics bank

JOHANNESBURG  – South Africa has ratified two pieces of legislation and nominated two top executives as part of the bank’s management as it gets ready to assume leadership positions at the Brics bank. Former Reserve Bank governor Tito Mboweni and former Absa executive Leslie Maasdorp have received those nominations. Finance …

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Africa Focus: Southern Africa region presents huge opportunities for China-Africa industrial cooperation

  HARARE, May 1 (Xinhua) — Leaders of 15 southern African countries, ranging from resources-rich Democratic Republic of Congo to the continent’s manufacturing hub South Africa, have adopted a half-a-century strategy to industrialize the region. Experts say the strategy can bring huge opportunities for China-Africa cooperation as Beijing announced earlier …

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Cultural Diplomacy through ‘China’s Year in South Africa’

How are states employing cultural diplomacy in an increasingly interconnected world in shaping understanding between societies while promoting preferential co-operation between nations? Observers of China-South Africa relations will have noticed the increasing reference to the ‘China Year in South Africa’ by officials on both sides. In essence the initiative kicked …

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China has invested R120 billion in South Africa

President Jacob Zuma said on Friday that at the end of 2014, bilateral trade between South Africa and China exceeded R270 billion. Zuma said in a speech prepared for delivery at a business forum meeting in China that China’s investment into South Africa is comes at a time where over …

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The China Week opens in University of the Western Cape

The China Week opens in University of the Western Cape

On April 13th, China Week was launched at University of the Western Cape (UWC). Consul General Liang Shugen, Prof. Tyrone Pretorius, Rector and Vice Chancellor of UWC, Mr. Ghalib Jeppie, Director of Department of the International Relations of Ministry of Higher Education and Training, Mr. Hu Jianhua, Chairperson of Cape …

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Transnet loan will fund expansion plan

TRANSNET LOAN WILL FUND EXPANSION PLAN

Freight and logistics giant Transnet yesterday signed a R30 billion loan agreement with the China Development Bank (CDB) to fund its long-term programme aimed at renewing its ageing locomotives. The company said it would be drawing the first tranche of R18bn through a grace period that would be perched on …

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