KWAZULU-NATAL

SHAKA ILEMBE IS READY TO HIT GLOBAL SCREENS!

Retrieved on: 
Friday, June 2, 2023

The Johannesburg Stock Exchange listed MultiChoice Group is about to debut it’s biggest ever prime-time drama series, Shaka Ilembe, an epic 12-part tale that follows the origins story of the legendary African monarch and military strategist, King Shaka.

Key Points: 
  • The Johannesburg Stock Exchange listed MultiChoice Group is about to debut it’s biggest ever prime-time drama series, Shaka Ilembe, an epic 12-part tale that follows the origins story of the legendary African monarch and military strategist, King Shaka.
  • With the epic series launching across sub-Saharan Africa on MultiChoice’s video entertainment service DStv this June, Shaka Ilembe is already attracting significant interest outside of the continent.
  • For Nomsa Philiso, CEO of MultiChoice General Entertainment, Shaka Ilembe offers audiences worldwide the opportunity to immerse into a rich dynastic African story, set in the 1700’s.
  • For Mauro Black, MultiChoice Studios Content, Sales, and Distributions Director, it is this credibility of intention and execution that makes SHAKA ILEMBE a powerful cultural export.

Two Americans announce the opening of an authentic Mexican Taqueria in South Africa

Retrieved on: 
Monday, December 19, 2022

DURBAN, South Africa, Dec. 19, 2022 /PRNewswire/ -- When Americans Mekbib Kassa and Hiruy Amanuel visited South Africa in 2020, they were astonished to discover there were no authentic Mexican restaurants in the country.

Key Points: 
  • DURBAN, South Africa, Dec. 19, 2022 /PRNewswire/ -- When Americans Mekbib Kassa and Hiruy Amanuel visited South Africa in 2020, they were astonished to discover there were no authentic Mexican restaurants in the country.
  • This year, that changed with the announcement that the partners had opened an authentic Mexican Taqueria called Las Palmas in Durban, KwaZulu-Natal.
  • Amanuel says, "Authentic Mexican food, with the right ingredients and recipes, is very niche on the continent.
  • Consequently, Las Palmas is the first to develop and drive the production of proper Mexican dishes and exploit the South African market.

Sappi announces record earnings and resumes dividend payment; releases financial results for fourth quarter and full year

Retrieved on: 
Thursday, November 10, 2022

In addition, Sappi has resumed dividend payments, with a dividend of US 15 cents being declared.

Key Points: 
  • In addition, Sappi has resumed dividend payments, with a dividend of US 15 cents being declared.
  • The segment continued to grow and achieved record EBITDA of US$359 million compared to US$214 million in the prior year.
  • However, sales were constrained by available capacity and low levels of inventory in South Africa and North America where demand exceeded supply.
  • In addition, during October 2022 Sappi repurchased US$206 million of the aggregate principal amount of its 2026 bonds via a tender offer.

Sappi Delivers Record Earnings for the Third Financial Quarter 2022

Retrieved on: 
Thursday, August 4, 2022

EBITDA improved to a record US$371 million, up from US$337 million in the prior quarter and US$145 million in the equivalent quarter a year ago.

Key Points: 
  • EBITDA improved to a record US$371 million, up from US$337 million in the prior quarter and US$145 million in the equivalent quarter a year ago.
  • Looking forward, Binnie stated: Notwithstanding inflationary cost pressures, we are anticipating another strong performance in the fourth quarter, with EBITDA below the record levels achieved in the third quarter.
  • Global logistical challenges continued unabated and posed headwinds for our export sales and raw material procurement in all regions.
  • Substantial energy, raw material and delivery cost inflation in the quarter was offset by selling price increases in the paper business.

ThreatAdvice Forms Advisory Council to Oversee Breach Prevention Platform

Retrieved on: 
Monday, February 14, 2022

ATLANTA, Feb. 14, 2022 /PRNewswire-PRWeb/ -- ThreatAdvice, a company focused on cybersecurity and cyber education solutions, announced today that it has formed the ThreatAdvice Advisory Council to help guide and develop its ThreatAdvice Breach Protection Platform cybersecurity management solution.

Key Points: 
  • ATLANTA, Feb. 14, 2022 /PRNewswire-PRWeb/ -- ThreatAdvice, a company focused on cybersecurity and cyber education solutions, announced today that it has formed the ThreatAdvice Advisory Council to help guide and develop its ThreatAdvice Breach Protection Platform cybersecurity management solution.
  • Their input will help to shape the ThreatAdvice Breach Prevention Platform as it continues to evolve.
  • The ThreatAdvice Breach Prevention Platform maximizes a partner's ability to gain deep insight into their client's cybersecurity environment, providing the information needed to monitor and make changes when necessary to keep their clients secure.
  • "We are excited about the ThreatAdvice Breach Prevention platform that we are bringing to the MSP space after years of research and development," said Koenig.

South Africa Food Wholesale and Retail Market Report 2021 with Profiles of Shoprite, Pick n Pay, Woolworths, Massmart, Food Lovers, Wellness Warehouse and Africa Cash and Carry - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 11, 2021

The "The Wholesale and Retail of Food in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Wholesale and Retail of Food in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.
  • This report focuses on the wholesale and retail of food in South Africa.
  • The wholesale and retail trade of food in South Africa is dominated by national corporate supermarket chains who play a significant role in shaping South Africa's entire food system.
  • Food retail, which accounts for more than half of all retail sales in South Africa, is defined by nationwide high-quality food supply, market concentration and maturity.

ASCM Foundation Initiative Aims to Uplift Women in Africa While Helping to Close Supply Chain Talent Gap

Retrieved on: 
Wednesday, November 3, 2021

The ASCM PEPFAR DREAMS initiative works to deliver an Essential Supply Chain Management Skills (ESCMS) program to women in Africa help them develop the necessary skills to succeed in entry-level supply chain jobs.

Key Points: 
  • The ASCM PEPFAR DREAMS initiative works to deliver an Essential Supply Chain Management Skills (ESCMS) program to women in Africa help them develop the necessary skills to succeed in entry-level supply chain jobs.
  • This has created an unprecedented demand for skilled supply chain practitioners across the globe but especially in South Africa.
  • The Association for Supply Chain Management (ASCM) is the global leader in supply chain organizational transformation, innovation and leadership.
  • As the largest nonprofit association for supply chain, ASCM is an unbiased partner, connecting companies around the world to the newest thought leadership on all aspects of supply chain.

Mainstream Renewable Power projects to deliver 1.27 GW of new wind and solar for South Africa

Retrieved on: 
Friday, October 29, 2021

The win makes Mainstream Renewable Power the leading renewable energy company in South Africa, with over 2.1 GW awarded under the REIPPPP to date

Key Points: 
  • The win makes Mainstream Renewable Power the leading renewable energy company in South Africa, with over 2.1 GW awarded under the REIPPPP to date
    The twelve projects, across onshore wind and solar, will generate enough clean energy to power a third of the annual electricity demand of the City of Cape Town
    DUBLIN and CAPE TOWN, South Africa, Oct. 29, 2021 /PRNewswire/ --Global wind and solar company, Mainstream Renewable Power ("Mainstream"), today announces that twelve of its projects have won preferred bidder status in Round 5 of South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
  • The win makes Mainstream the most successful company in the history of the South African renewable energy procurement programme, with over 2.1 GW awarded to date.
  • The Mainstream-led consortium, named "Ikamva" which means "the future" in Xhosa, will deliver six onshore wind projects and six solar PV projects, including the first REIPPPP project in South Africa's KwaZulu-Natal province.
  • They will provide South Africa with critical, low-cost, indigenous power and help deliver a just transition towards its clean energy and climate goals.

Mainstream Renewable Power projects to deliver 1.27 GW of new wind and solar for South Africa

Retrieved on: 
Friday, October 29, 2021

The win makes Mainstream Renewable Power the leading renewable energy company in South Africa, with over 2.1 GW awarded under the REIPPPP to date

Key Points: 
  • The win makes Mainstream Renewable Power the leading renewable energy company in South Africa, with over 2.1 GW awarded under the REIPPPP to date
    The twelve projects, across onshore wind and solar, will generate enough clean energy to power a third of the annual electricity demand of the City of Cape Town
    DUBLIN and CAPE TOWN, South Africa, Oct. 29, 2021 /PRNewswire/ --Global wind and solar company, Mainstream Renewable Power ("Mainstream"), today announces that twelve of its projects have won preferred bidder status in Round 5 of South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
  • The win makes Mainstream the most successful company in the history of the South African renewable energy procurement programme, with over 2.1 GW awarded to date.
  • The Mainstream-led consortium, named "Ikamva" which means "the future" in Xhosa, will deliver six onshore wind projects and six solar PV projects, including the first REIPPPP project in South Africa's KwaZulu-Natal province.
  • They will provide South Africa with critical, low-cost, indigenous power and help deliver a just transition towards its clean energy and climate goals.

DGAP-News: Mandela Remembrance Walk & Run Open to the World Again this Year

Retrieved on: 
Tuesday, October 26, 2021

JOHANNESBURG - As an increasingly vaccinated world starts fighting its way back to a semblance of normality, it's almost time again for the eagerly-anticipated annual Mandela Remembrance Walk and Run (MRWR) ( MandelaWalkandRun.com ), taking place this year on Sunday 5 December 2021.

Key Points: 
  • JOHANNESBURG - As an increasingly vaccinated world starts fighting its way back to a semblance of normality, it's almost time again for the eagerly-anticipated annual Mandela Remembrance Walk and Run (MRWR) ( MandelaWalkandRun.com ), taking place this year on Sunday 5 December 2021.
  • "Due to Covid-19 restrictions, we urge society to join this year's Mandela Remembrance Walk and Run on our virtual platforms.
  • Entry fees for the Mandela Remembrance Walk and Run are as follows:
    All proceeds raised will be donated to the Nelson Mandela Foundation to continue promoting Madiba's legacy.
  • Distributed by APO Group on behalf of Mandela Remembrance Walk and Run.