Brand South Africa views World Bank 2018 Report as a clarion call to action

first_imgJohannesburg, Monday 14 January 2019 – Brand South Africa noted the areas of concern expressed in the World Banks’ Global Economic Prospects report which indicates that South Africa’s real GDP growth will expand by 1.3% in 2019.While the South African GDP outlook has seen a downward revision, this happens in a global context where the World Bank indicates that international trade and investment are moderating. Additionally the global economy and trading system is being challenged by trade tensions that remain elevated.Furthermore, the World Bank expects growth in emerging market and developing economies to lose momentum, and is projected to reach 4.2 percent this year. Important for South Africa is the fact that increased trade tensions between major economies stand to have a negative impact on commodity exporters due to potential price volatility.The World Bank had initially projected South Africa’s growth to be 1.8% in June 2018. However, the downward revision of the GDP outlook for 2019 is attributed to high levels of unemployment, challenges in mining production, low business confidence,  policy uncertainty, as well as slow growth in household credit extension which could constrain domestic demand.Speaking about the report, Brand South Africa’s GM for Research, Dr Petrus de Kock said: “While we acknowledge the bank’s report which states that South Africa’s growth is considerably lower than the 4.2% projected average of its emerging market peers, let us be reminded of the economic revival, and investment initiatives which have been put in place over the last year by President Cyril Ramaphosa.”Dr de Kock continued: “The success of the inaugural Investment Conference – as well as the Job Summit are coming to fruition. We see that the Department of Labour has begun implementing ideas with a R2 billion fund  which aims to create over 10,000 jobs, and fund small businesses.  The Investment Conference led to international and domestic companies pledging R290 billion in investments in South Africa – and this is on top of the R400 billion which was received during the investment drive by the special investment envoys and through various countries during state visits.”The World Bank report cites policy uncertainty as an additional challenge which confronts South Africa’s growth. In response Dr de Kock said that this is a typical and unfortunate opinion in an election year. The South African government, together with business acknowledge that investment will not occur without policy certainty.“In preparation for the 2018 Investment Conference government undertook significant analysis to identify structural constraints, as well as policy- or administrative hurdles, that inhibit investment or business. To this end the President announced initial steps towards structural reform at the investment conference. And subsequently, on the economic policy front, Cabinet, as recently as November 2018, approved the Strategy Framework for the pursuit of South Africa’s strategic economic interests which aims to ensure that international engagements serve the country’s domestic policy imperatives such as poverty alleviation, unemployment and inequality,” adds Dr de Kock.Dr de Kock says since the tabling of the 2018 Budget in Parliament, government has sought to reduce policy uncertainty and restore investor confidence by finalising the Mining Charter – which the SA mining industry has responded to positively; re-established a sustainable approach to energy planning by updating the Integrated Resource Plan for consideration by Parliament; revised the Public Procurement Bill, currently awaiting Cabinet approval for public consultation, which will replace existing regulations; and also appointed a panel to advise government on measures to effect fair and equitable land reform that will increase agricultural output and build self-sufficiency in food production.While the GDP outlook may have been revised by the World Bank, the work to stimulate growth, create jobs, and develop South African society continues. In coming week the President will lead Team SA’s delegation at WEF Davos (22-25 January). Following on the successful investment conference, the President will lead the delegation with a single- minded message focused on sharing outcomes from the conference, and communicating the fact that South Africa offers investors a stable environment, with significant hard- and soft infrastructure, regional connectivity, and a sophisticated and highly diversified market to operate in.At WEF Davos, Brand South Africa in partnership with ABSA, will host an investment seminar where the President and Minister of Trade and Industry – Dr Rob Davies will engage directly with international business representatives, and policy makers to profile South Africa’s policies, initiatives for business and investment. Following on that South Africa hosts the Mining Indaba during February, an event that annually attracts more than 7000 participants from all over the world. At this event developments in the Mining Charter, and opportunities for investment and business in the sector will be shared with fund managers, mining executives and decision makers.“This means that all is not lost, the work of realising GDP expansion requires innovation not only on the investment front. It requires South Africans themselves, who’s innovations, businesses (micro, small or large), creative solutions, products and services will ultimately help drive national economic growth. However, as a nation there are several lessons to take from the World Bank’s annual Global Economic Prospects report. As an open and transparent democratic system, government and business leaders have to work much harder to maintain the momentum and confidence in the country’s economy which was lifted by the investment conference among other initiatives,” concluded Dr de Kock.For more information or to set up interviews, please contact: Tsabeng NthiteTel: +27 11 712 5061Mobile: +27 (0) 76 371 6810Email:[email protected] www.brandsouthafrica.comlast_img read more

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Preparation of grain storage facilities for grain harvest

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Protecting grain quality and ultimately the economic value of the grain begins long before the first acre is ever harvested. This pre-harvest activity is to prepare grain harvesting, handling and storage equipment and structures for the soon to be harvested corn and soybeans.All pieces of equipment used in harvesting the grain should be cleaned, inspected, and repaired several weeks prior to the beginning of the harvest season. Like in real estate where the mantra is “Location! Location! Location!” the mantra in grain harvesting and handling should be “Sanitation! Sanitation! Sanitation!” Starting with thorough cleaning of every piece of equipment through which or in which grain will be passed or hauled. Remove all traces of old grain from combines, combine heads, truck beds, grain carts, augers, lift buckets, grain pits, grain driers, bins and any other equipment used for harvesting, transporting, and handling grain. Even small amounts of moldy and/or insect-infested grain left in equipment can contaminate a bin of new grain.Since grain is usually in contact with grain bins for the greatest length of time, extra attention should be paid to the sanitation of these structures. Remove any grain or grain dust from inside the bins by sweeping or vacuuming empty bins and brushing down walls. Pay close attention to cracks and crevices, ledges over doors, and hollow tube ladder rungs on or in which grain could have been trapped from the previous storage seasons. Fans, aeration ducts, exhausts, and when possible, beneath slotted floors should be cleared of debris as well. Dispose of all debris in a lawful manner and away from the storage facility.Sanitation outside of bins is as important as inside of the bins. Ideally there should be no vegetation (weeds, shrubs, etc.) growing up against the outside of the bin. Grain pests (insects and rodents) can be harbored in the vegetation. Bare ground covered with gravel or cement is preferred, but short-mown grass is tolerable. Remove any spilled grain from around the outside of the bin and storage facility.Once storage structures have been thoroughly cleaned, carefully inspect them for signs of deterioration, especially for leaks and holes through which insects, birds or rodents can gain easy access to the stored grain or rain and snow can drip or blow in onto the grain to produce wet spots that can lead to mold growth. While inspecting for physical problems, one should also test aeration fans and driers for functionality. Check belts, bearings and gear boxes for wear and proper lubrication.Check electrical systems for corroded connections and frayed wiring before harvest. Mice like to nest inside electrical boxes where they are safe from predators. They will strip insulation from wires for nesting material and their urine causes corrosion. While inspecting control boxes, be sure to seal any openings through which mice could get in. Be sure that guards and safety shields are in place over belts, chains and intakes. Seal all leaks and make repairs to the equipment before you need them to manage the grain.Once all cleaning and repairs have been completed, an empty-bin application of an appropriately labeled insecticide is advisable, especially in bins with difficult to clean areas and/or in bins with a history of insect problems. For empty-bin insecticide treatments that are applied as a liquid, allow a minimum of 24 hours for the sprays to dry before loading grain into the bin. It is preferable to have empty-bin treatments applied at least two weeks prior to harvest.Registered empty-bin insecticides include: Tempo SC Ultra (cyfluthrin), Storcide II (chlorpyrifos-methyl plus deltamethrin) which is primarily used around small grains such as wheat, Centynal or Suspend SC (deltamethrin), Diacon-D IGR (s-methoprene = an insect growth regulator), and several pyrethrin products can be used to apply a surface treatment to the inside of the bin and provide a residual protection. Other products that contain diatomaceous earth and/or silicon dioxide such as Insecto, Protect-It, Perma-Guard and others may be utilized. Refer to the individual product labels for lists of insects controlled and application directions. Note: most if not all malathion products have removed stored grain uses from their labels.If a bin is known to be heavily infested with insects, an empty-bin fumigation may be required to knock down insect populations before applying one of the above insecticides. The most readily available product for this purpose is phosphine gas producing materials such as aluminum phosphide and magnesium phosphide sold under a wide variety of trade names. Phosphine is an extremely toxic material and fumigations should be conducted by trained, experienced, licensed applicators.Another measure one might take to reduce the chance of insect infestation is to apply a perimeter spray around the base and up the outside walls of the bin about 15 feet. This may only be necessary in areas where grain infesting insect movement has been observed on the outsides of the storage bins. There are several synthetic pyrethroids (cyfluthrin, deltamethrin, permethrin, resmethrin, etc.) that can be used for this purpose as long as they do not come in contact with the grain.Grain storage insecticide labels tend to change frequently. As always, check to make sure you are following the instructions on the product label and using the appropriate product for your situation. One also needs to be sure that the end-user of the stored grain does not have restrictions on insecticide uses on or around the grains that they are going to purchase. If growing specialty grains, check with your buyers before using insecticides.A few more words of caution include, new grain should never be stored on top of grain from a previous season’s harvest; remove old grain and clean bins before adding new grain. Grains broken in the harvesting and/or handling process become more susceptible to infestation by insects and mold. Thus, adjust combines according to the manufacturer’s specifications to minimize grain damage and to maximize removal of fines and other foreign material, move grains as little as possible, and limit the number of times and heights from which grains are dropped to reduce breakage.Last but not least, review your safety procedures for working with flowing grain, grain harvesting and handling equipment, and personal protection. Anyone who works around the bins and grain handling equipment should know where to find shut-off switches, fire extinguishers, and emergency phone numbers. Being prepared for harvest will reduce the risk of accidents, and knowing how to react in an emergency can save lives.last_img read more

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Veena Malik a match-fixer, claims Dixit

first_imgTainted photojournalist Dheeraj Dixit has accused Pakistani actor Veena Malik of fixing matches involving Pakistani cricketers. Although Dixit had earlier said he had nothing to do with match-fixing, he did a U-turn on Thursday, claiming that Veena had approached him while he was covering a cricket series in Dhaka in January. He alleged that Veena asked him for help since he knew many cricketers.  Dixit claimed Veena managed match-fixing for six or seven Pakistani cricketers.  He said he had filed a complaint with the Mumbai Police as he was getting threatening calls from Pakistan. Dixit had earlier been accused of match-fixing by Veena, the former girlfriend of match-fixing-tainted Pakistani cricketer Mohd Asif.  Dixit said Veena had made references about a person called ‘Maj’, who he later realised was Mazhar Majid, the same person who was caught in a UK tabloid sting fixing an England-Pakistan match.last_img read more

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Never did I feel we were going to lose: Yusuf

first_imgA daunting target of 316 did not fluster Yusuf Pathan a bit and the swashbuckling batsman said that he never thought during his match-winning knock of 123 that India would lose the fourth ODI against New Zealand in Bangalore.”Never at any stage did I feel we were going to lose the game. With Rohit Sharma and Saurabh Tiwary, I rotated the strike well. We spoke to each other throughout to maintain the run rate and stay in the chase,” said Yusuf, who hit a 96-ball 123 not out to set a memorable win for India at Chinnaswamy Stadium in Bangalore on Tuesday night.”I am very happy for my first century in ODI and even happier because we won the match. The fact that we are leading 4-0 in the series gives me great pleasure,” he said. Yusuf, who came in at the fall of Parthiv Patel in the 20th over when India were 108 for four, said he grabbed the chance to score big with both hands.”There were a lot of overs for me to bat and fortunately I proved myself. I sensed an opportunity this time that I can play a long innings,” he said.He dedicated his century to his parents and to his step brother Irfan who watched the match.”I dedicate this century to my parents. I am also very happy Irfan was watching the match,” said Yusuf.Yusuf said that he did not change his natural attacking game but took some time to settle down first before opening up his arms.advertisement”I don’t change my natural game. It’s just that of late I am trying to spend some time in the middle before going for my strokes. But it’s not that if there is an opportunity to hit the ball, I will hesitate to do so,” Yusuf said.He said that during the rain break, captain Gautam Gambhir told him not to throw his wicket and he did just that.”Gautam was telling me to utilise the power play to good effect. He advised me not to throw my wicket away at any stage. He told me that if I stayed in the middle till the end, I would win the match for India and I am glad I proved him right,” he said.On his valuable effort of 3/49 in New Zealand innings, Yusuf said that he had worked hard on his bowling.”I worked a lot on my bowling. Whenever I have got an opportunity to bowl, I have tried to be as economical as possible and I am happy it is coming through and that I am also getting wickets now. I am very happy with my efforts,” he said.last_img read more

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Colin Munro looks to anchor innings, rather than explode

first_imgAggressive batsman Colin Munro may have given an insight into New Zealand’s batting order tactics after they created a debate on Monday following their 68-run loss to Australia in the first one-day international in Sydney.Munro, whose strike rate in limited overs cricket is among the highest in the New Zealand team, did not come in until number six and anchored the middle order on Sunday, scoring 49 runs from 59 balls before becoming the ninth wicket to fall.”It was a different sort of knock than I am used to playing,” said the 29-year-old, who is more well known as a power-hitter, having scored 50 runs from 16 balls in a Twenty20 international last year.”Given that role to take it deeper into the innings suits my game and hopefully with a few extra batters around me… I might be able to have a bit of a hit.”In effect Munro has taken over the role occupied by Ross Taylor, who is out for up to six weeks having undergone eye surgery last week.Taylor, who can take any attack apart when at his best, has been more circumspect from his number four batting position in recent seasons, ticking the board over and setting his side up for a final assault in the final 10 overs.Munro, however was dropped behind all-rounder Jimmy Neesham and wicketkeeper BJ Watling to number six on Sunday and the demotion of the aggressive Colin de Grandhomme to number eight caused a debate in New Zealand’s media on Monday.advertisementDe Grandhomme is a batting all-rounder, and he and Munro provide their domestic side Auckland with an explosive middle order double punch, something former international Andre Adams said should be used in the second game on Tuesday in Canberra.”When you look at the way Munro and de Grandhomme dominate domestic cricket when they bat together, I think they missed a trick there in having those two bat together for a long period,” Adams told Radio Sport. “I think they sold themselves a little bit down the river there.”Maybe they are looking at experience and that sort of stuff, but you got them in there, just throw them in there and review it afterwards.”last_img read more

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CANBERRA CITY SWEEP CANBERRA CUP

first_imgCanberra City emerged victorious in all 3 Open divisions of the Canberra Cup contested 3- 5 November 2006 at the Deakin Playing Fields, Makin Place, Deakin.A record 430 touch football players converged on the Australian Capital Territory to fight for the 2006 Canberra Cup crown in three Open and two social divisions. The annual tournament, in its third year in existence, featured local and interstate players competing keenly in all sections of the competition.In a closely contested 2006 Mixed Open division, the Canberra Cup was awarded to Canberra City after a thrilling 5-4 victory over the Tuggeranang Vikings. Ben Nicoll & Kelly Goodwin were standout performers for the Canberra City combination.The Womens’ Open division was also won by Canberra City. 6-4 against the “Old Ducks”.The “Old Ducks” team featuresd a number of Canberra City over 30’s Women’s players who pushed the youthful Canberra City team all the way.The Goodwin sisters, Danielle and Kelly, combined with Shailyn Williams and Courtney Hinchcliffe to platform the Canberra City victory.The Men’s Open Final was always going to be a fast and skillful contest with both teams chockful of talent. Vikings threw everything at the Canberra City Bears before going down gallantly 8 -5 in an exciting final.National Rugby League star Jamie Soward, returned home to guide his old club, Canberra City Bears to their first ever Open Men’s Canberra Cup title.In the Inaugural Social section of the Canberra Cup, Allstars defeted the Dream team 7- 2 in the Men’s social, and Highlanders prevailed 7-3 over the Titans in the Mixed social division. A fantastic time was had by all participants on and off the field of play, and spectators enjoyed a feast of Touch Football action. Tournament organisers will look to build on the growth and success of the Canberra Cup in 2006, with a bigger and brighter event next year.last_img read more

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9 months agoMan Utd gag Mourinho ahead of pundit’s post

first_imgMan Utd gag Mourinho ahead of pundit’s postby Paul Vegas9 months agoSend to a friendShare the loveJose Mourinho won’t be allowed to discuss his firing by Manchester United during his punditry work with BeinSport.United inserted a confidentiality clause into his £15million severance package, and the club’s lawyers will watch whether the Portuguese coaches abides by the agreement.Mourinho will feature as a pundit for beIN Sports’ coverage of the Asian Cup match between Qatar and Saudi Arabia, as well as Saturday’s London derby between Arsenal and Chelsea.The Times says if Mourinho does not abide by the restrictions, he will lose a part of the mega severance package he agreed with his former club.And because the 55-year-old coach will have to avoid some burning questions, including over his relationship with Paul Pogba, the Qatari TV station will pay him “only” £60,000 per game. About the authorPaul VegasShare the loveHave your saylast_img read more

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Quebec City mosque hosts emotional gathering to mark anniversary of massacre

first_imgQUEBEC – Widows and loved ones of the victims of the Quebec City mosque shooting fought back tears on Saturday as they attended an emotional gathering in the place where six Muslim men lost their lives last January.Almost one year after the tragedy, many of the victims and their family members who gathered at the Islamic cultural centre said they’re still struggling to move on.Safia Hamoudi, whose husband Khaled Belkacemi was one of the men who died on Jan. 29, 2017, said her mourning period isn’t over yet.She said she has trouble talking about what happened, but decided to attend Saturday’s event because she knows people need to put a face to the victims.“I’ve been approached by a lot of media, but I just haven’t had the energy to respond,” she said in an interview.More than 100 people attended the open house at the mosque, where the walls were lined with cards and messages of support from all over the world.Thouria Nafa, the wife of one of the survivors, said her husband didn’t attend the gathering with her because it was still too overwhelming for him.“It’s really emotional. It’s really something,” she said with tears in her eyes.Mohamed El Hafid, who was at the mosque on the night of the shooting, said it was hard to be back in the same place a year later.“We lost the sense of security that we had before. Unfortunately, we are marked for life with that,” he said.The event was also attended by a few dozen members of the public, who were invited to look around the mosque and observe evening prayers.Anne Pouliot and Clement Roberge, who came to the gathering from nearby Levis, said they wanted to express their support to the Muslim community a year after the shooting.“The danger is that people forget quickly,” Roberge said.“It may not heal, it may not cure. But the moment, a year later, to commemorate, is certainly a relief for the community and the people involved,” he added.The gathering was part of four days of commemorative activities that have been organized to mark the one-year anniversary of the tragedy.The events, which began Friday, include prayer services, a seminar and a spiritual rally that will bring together members of the Muslim, Jewish and First Nations communities.The commemoration ends Monday evening — the anniversary of the shooting — when people are invited to bring flowers and candles to a vigil, which will take place outdoors close to the mosque.last_img read more

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DOJ approves 69B CVS HealthAetna merger with conditions

first_imgNEW YORK, N.Y. – The proposed $69 billion merger between CVS Health and Aetna is getting a greenlight from the Department of Justice, with some conditions.The Justice Department on Wednesday approved the deal on the condition that Aetna moves ahead with its plan to sell its Medicare Part D prescription drug plan business, resolving some anti-monopoly issues.Aetna announced last month it’d sell the business for an undisclosed amount.CVS announced plans to buy Hartford, Connecticut’s Aetna late last year. The deal is expected to give the Woonsocket, Rhode Island, drugstore chain a bigger role in health care, with the companies combining to manage care through CVS stores, clinics and prescription drugs.last_img

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