Intra-African trade a must for growth

first_imgThe Nepad Business Foundation promotes investment in the agriculture sector. There is a renewed drive among African leaders who increasingly see agriculture as a means to uplift incomes and promote economic development. (Image: MediaClubSouthAfrica.com. For more free images visit the image library) Miller Matola, CEO of Brand South Africa, said South Africa must leverage its competitive advantage, be it the depth of our financial markets, regulation of the stock exchange, or our sound financial services sector. (Image: Wilma den Hartigh) MEDIA CONTACTS • Watson Hamunakwadi   Nepad Business Foundation  +27 87 310 1899 RELATED ARTICLES • Talks to launch African trade bloc • World Bank sharpens African focus • Africa: Serious about food • South Africa: great for investment Wilma den HartighDoing business in Africa, intra-regional investment and perceptions of South Africa and the continent came under the spotlight at the recent Nedbank-Nepad Business Forum, a quarterly event for industry and business leaders to discuss emerging and long-term business perspectives on the continent.The forum is an initiative of the New Partnership for Africa’s Development (Nepad) Business Foundation (NBF), and Nedbank. The objective of the NBF is to promote sustainable economic and social development on the continent.Part of its mandate is to further the Nepad goals, which are to alleviate poverty, halt the marginalisation of Africa in the globalisation process, and fully integrate Africa into the global economy.This includes reducing the risk profile of doing business in Africa; creating conditions that are conducive for investment, high economic growth and sustainable development; to increase Africa’s competitiveness in the world economy; and to grow investment on the continent to ensure social and economic development.Africa is risingAccording to the October 2012 Nedbank-Nepad Business Forum report, seven of the 10 fastest growing economies are in Africa.While the US and Europe are experiencing slowing growth rates, the continent is performing well and offering better returns for investors.Investing in Africa is important for South Africa, as the success of the economy depends on regional and continental economic dynamics.Terence Sibiya, executive head for coverage and origination at Nedbank, said there is a major opportunity for business in Africa. This includes a growing consumer base that has sophisticated demands due to urbanisation and improvements in disposable income.“There are 200-million new consumers that are to be added to the African basket by 2015,” Sibiya said.The report notes that politically Africa is also in a better position than it was three decades ago on issues of democracy, governance and the rule of law.“Our banking system is ranked among the best in the world,” Sibiya said, adding that Nedbank wants to build capacity, expertise and skills in the area of banking in other countries on the continent to stabilise financial services in the region.Speaking at the event, Miller Matola, CEO of Brand South Africa, said integration on the continent is important to create bigger markets, and the establishment of a free trade area for Africa is a step in the right direction.Matola said South African corporates play an important role in building a country’s brand.“South Africa must leverage its competitive advantage, be it the depth of our financial markets, regulation of the stock exchange, or our sound financial services sector,” Matola said.For the third consecutive year, the regulation of South Africa’s securities exchanges was rated first out of 144 countries included in the World Economic Forum Global Competitiveness Survey.The survey also ranked the country first out of 144 countries in relation to auditing and reporting standards and the effectiveness of corporate boards.Lynette Chen, CEO of the NBF, said economic development at local level is one of South Africa’s strengths.“One of our best competitive advantages is our BEE policy, empowering local communities and supporting local procurement,” Chen said.She said South Africa should leverage these positives when doing business with other countries in Africa.According to the NBF’s chairperson, Stanley Subramoney, Africa has the right combination of factors to exceed in an increasingly volatile global economy.Dealing with perceptions, developing more businessThe continent, however, faces challenges such as poverty, rising unemployment, lack of formal rules guiding investment practice and a lack of strong financial markets.  Matola said it is important for corporates to recognise existing issues on the continent such as inequality, the skills gap and poverty, and address issues of economic transformation. “Recognition of the social priorities of the countries you operate in is important.“Businesses that position themselves there [in Africa] must embrace values such as ubuntu – we can’t exist without the rest of the continent succeeding,” he said.The Nedbank-NBF report says that investing on the continent requires unique approaches per region and country, as some countries exhibit extraordinary growth while other show less growth, usually as a result of varying socio-political circumstances.The manner in which governments and corporates are perceived, behave and implement their strategies largely depends on their image, credibility, transparency and trustworthiness. Such perceptions can either grow or limit investment.Speakers and business leaders in attendance at the forum pointed out that while the continent has numerous external investment partners, there is fewer Africa to Africa investment and trade in comparison with other regions.Matola spoke about the ways in which South Africa can leverage its competitive advantage, build a positive nation brand and differentiate the country, but at the same time contribute to building the continent’s reputation.“Branding isn’t just about building South Africa’s reputation – it is closely linked with perceptions of the continent,” Matola said. “The negatives that apply to one country are inadvertently carried over to other countries.”Subramoney pointed out that it is important for South Africa and the continent to deal with issues surrounding continental branding.“We have a phenomenal country,” he said, but added that there are both benefits and disadvantages to continental branding. “This is why it is important to position the continent.”Subramoney says leadership and relationships between business and government will drive long-term economic development.Sibiya added that it is important for investors to understand the continent and its diverse nature and offerings.Improving perceptions of the continentMatola said South Africans and the wider continent must tell Africa’s growth stories.“We need to change perceptions for the better,” he said. “What matters is our contribution to sustainability, food security, poverty and global governance, and how we get involved in these issues will add or subtract to our stature.”He said that South Africa, which is considered a middle-income country, needs to compete in the area of brands, be it South African wines or other areas where South Africa excels.“Our brands are among the strongest in the world,” he said. • Slideshow image courtesy of nasa.comlast_img read more

nuTonomy wants to be self-driving in Singapore by summer 2018

first_imgRelated Posts Tags:#automotive#Autonomous#cars#driverless#Grab#Lyft#NuTonomy#Self-Driving#shuttle#Singapore For Self-Driving Systems, Infrastructure and In… Self-driving startup nuTonomy said it hopes to launch a commercial ride service in Singapore by the second quarter of 2018, possibly in partnership with local ride-hailing service Grab.Originally an MIT spin-off, nuTonomy has worked on self-driving software for three years. It started trialling its tech in Singapore in 2016, and expanded its shuttle program later that year.See also: nuTonomy comes home with Boston self-driving testsnuTonomy chief executive Karl Iagnemma said to Reuters that he hopes the service will start in summer, though it could be pushed back to the third or fourth quarter. Iagnemma did not say if this transport service would be ride-hailing, ride-sharing, or a shuttle.Singapore is a hotbed for emerging technologies, with drones, IoT, and self-driving cars all tested in the city state. NuTonomy received little resistance as it expanded its trial program, and the commercial service will, we assume, see the same safe passage.Working with Grab could be a way to build nuTonomy’s fleet quicker, possibly using drivers in the interim stage between semi-autonomous and driverless. A Grab partnership also opens up the doors to wider South-East Asian deployment, as the company is active in several countries.NuTonomy is also working on a trial in the U.S. with ride-sharing service Lyft, expected to launch later this year in Boston. Lyft recently announced that it would be creating its own self-driving division, leading some to question the partnership between it and General Motors. David Currycenter_img IT Trends of the Future That Are Worth Paying A… Break the Mold with Real-World Logistics AI and… 5 Ways IoT can Help to Reduce Automatic Vehicle…last_img read more

Elton John And David Furnish Attend 2016 International AIDS Conference

first_imgThe Elton John AIDS Foundation, its founder Sir Elton John and Chairman David Furnish attended a series of sessions, site visits and private meetings during the course of the 21st International AIDS Conference in Durban, South Africa, which ended on Friday.Video: Elton John And David Furnish In DurbanTheir goal was to raise awareness of the continued need for funding and action in the fight against AIDS, to champion those most at risk of being left behind in the global response and to launch new initiatives that will provide HIV testing and treatment to thousands on the African continent.One such initiative is a new $10m LGBT Fund, in partnership with the Office of the Global Aids Coordinator and the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR), to support LGBT communities in multiple African countries. Two organizations, The International HIV/AIDS Alliance (Alliance) and the Global Forum on MSM & HIV (MSMGF) were announced at the conference as the inaugural recipients of the LGBT fund. Sir Elton John also joined Prince Harry for a special session focused on the needs of HIV-youth in Africa.Alliance, an organization that supports community groups in countries that are most affected by the global AIDS crisis and MSMGF, a non-profit that advocates for equitable access to HIV prevention, care, treatment, and support services for gay men, were the first organizations in Sub-Saharan Africa to receive grants to help address stigma, discrimination and violence against LGBT people, and to expand their access to HIV care and prevention. At the conference, EJAF also announced an initial start-up grant it will be providing to the International AIDS Society to launch its ‘Me and My Healthcare Provider’ campaign. This campaign celebrates doctors, nurses, and other frontline healthcare workers, who deliver quality, integrated HIV prevention, care, and treatment services to key populations, including gay men and transgender people, often in the face of discriminatory laws, traditions, and belief systems.“Supporting LGBT people in the US, the UK and internationally, has been at the heart and soul of our Foundation’s mission from the very beginning,” said David Furnish, Chairman of the Elton John AIDS Foundation. “By partnering with PEPFAR to award the inaugural LGBT Fund recipients, and by supporting the International AIDS Society’s new ‘Me and My Healthcare Provider’ Campaign, we are building on that commitment and expanding this lifesaving work to places where it is needed most. Places where LGBT people are much more likely to be living with HIV and far less likely to receive the essential services they need to stay healthy and alive. We believe these global campaigns will bridge the gap between LGBT communities and their service providers, which is essential for ending AIDS.”Sir Elton also participated in a special session with Prince Harry, where the two men discussed the harmful consequences of stigma and discrimination against people living with HIV/AIDS in Africa, particularly among youth and adolescents. To achieve an AIDS-free world, both men stressed the need for education, access to testing and medical care, and support for young people worldwide.“Empowered young people, from all walks of life and all circumstances, have always urged us to push past the status quo and reach for a dream that is BIG and BOLD, ” said Sir Elton John, Founder of the Elton John AIDS Foundation. “Fifteen years ago, when the International AIDS Conference was last held in Durban, 1,000 South Africans were dying of AIDS each day – nearly 1 every minute. Today, HIV medicine costs as little as 3 rand – 20 cents – a day. The rate of new HIV infections here has been cut in half; almost all babies here are being born HIV free; and 3.5 million people here are now on treatment and living full and productive lives. That is some serious progress, and it’s because young, new voices demanded that people everywhere have access to lifesaving treatments, not just those in living in rich countries. If we want HIV programs to work for young people, we can’t tell them what to do or think, we need to nurture their voices. We need to listen to them and we need them to tell us what skills and services will help create the AIDS-free generation we all dream of.”During their time in Durban, Sir Elton and EJAF Chairman David Furnish visited LGBT people, outreach workers, and staff at the Gateway clinic in Umlazi township alongside the South African health minister, Aaron Motsoaledi. Sir Elton and the Minister discussed the issue of providing pre-exposure prophylaxis medication or ‘PrEP’ to LGBT persons to protect them from acquiring HIV. The South African government has already approved the use of PrEP for sex workers – another high risk group for HIV.The Gateway Clinic is one of over 100 clinics in South Africa whose staff have been trained to support LGBT clients under a grant from the Foundation to the NGO Anova. Over 1 million HIV tests will be given to LGBT clients during the course of the programme.Sir Elton and David also visited HIV-positive adolescents at KwaZulu-Natal Children’s Hospital where he emphasized the importance of helping young people overcome their disease and stigma by expanding their access to treatment and care.Since 2013, EJAF has provided over $14.4 million in support for LGBT communities in Africa, Asia and Europe, and has invested $3.4 million to support its youth-based campaign “Young Survivors” in Harare (Zimbabwe), Kampala (Uganda), Kisumu (Kenya), Lusaka (Zambia) and Beira (Mozambique).last_img read more

2020 Cadillac CT5 brings rightsized luxury to New York

first_img New York Auto Show 2019 Cadillac Originally published April 16. 2018 Cadillac CT6 Plug-In: Drive softly and carry a big battery 3:59 The CT5, as well as the smaller CT4 sedan due later this year, is supposed to be better aligned with luxury-sedan market segments. Where previously the ATS and CTS didn’t necessarily match up with rivals directly — and the CT6, CTS and XTS overlapped quite a lot — Cadillac hopes its new sedan lineup will fit into neater boxes. The CT5 will rival cars like the BMW 3 Series and Mercedes C-Class, while the CT4 will be a bit smaller and compete with the likes of the Audi A3 and Mercedes A-Class.The 2020 CT5 is shorter in length than the CTS but has a wheelbase nearly 1.5 inches longer. That gives the car fantastic proportions with very short overhangs at each end. It’s quite the looker in person, whether in Premium Luxury guise (shown in burgundy) or the Sport trim (pictured in gray).”Frankly, this is one of the vehicles that I’ve been waiting to show you,” said Cadillac executive director for global design Andrew Smith. “I really wanted this vehicle to feel light, agile.”Enlarge ImageThe inside of the CT5 can be equipped with wood, leather, carbon fiber and lots of technology. Cadillac Compared to the creased ATS, the CT5 has a somewhat tamer look, with few ridges on the sheet metal; Smith describes the look as “big, clean surfaces with punctuated details.” The wide and low nose features a huge interpretation of Cadillac’s usual grille design, while LED daytime running lights extend from the lower bumper, into the headlights, and onto the front fender. The door handles are electrically actuated by touching a button on the inside of the fixed handle.With quite a sloping roofline that plunges toward the trunklid, the CT5 almost has a fastback look in profile. One odd detail is the piece on the C-pillar that’s meant to look like a quarter window but is actually a black trim panel. Still, it helps round out the car’s daylight opening nicely.Out back, look for Y-shaped signature elements in the taillights and a trunklid that has an integrated spoiler. You’ll also spot Cadillac’s new torque-based powertrain badges, for instance “550T.” Sport models are distinguished by a unique grille treatment, blacked-out exterior trim and different interior pieces like Magnesium paddle shifters, alloy pedals, carbon fiber and available two-tone leather seats.2020 Cadillac CT5Enlarge ImageThe sloping roofline hurts rear-seat headroom. Cadillac It’s inside the cabin that the CT5 represents the biggest step forward from the ATS and CTS, with a fresher design packed with genuine, great-feeling wood, leather and metal. “If it looks like it, it should be it,” Smith said of the interior materials.There’s a 10-inch touchscreen infotainment display atop the dash, which can also be controlled by a rotary controller on the center console or a tiny knob below the screen, next to the volume knob. Available connectivity tech includes two USB Type C ports and one Type A port, wireless phone charging and a Wi-Fi hotspot. An angled holder in the console called the “Phone Shrine” has a pass-through for a cable so you can plug in your phone for Apple CarPlay or Android Auto.The back seat has a good amount of leg- and kneeroom, but the sloped roofline means my head touches the headliner when I sit up straight. The lower seat cushion is quite short, and the outboard seat bolsters are angled, which will likely be uncomfortable for broader passengers. Trunk cargo capacity rings in at 11.9 cubic feet.2020 Cadillac CT5Enlarge ImageCadillac’s Super Cruise semi-autonomous system will be available as an option. Cadillac Available features include a huge suite of active-safety features, a 360-degree camera system, standard remote start, heated and cooled seats, Bose audio systems and a sunroof. Active noise cancellation and acoustic glass are standard to keep noise out, while a system called “engine sound enhancement” pumps in extra noises to give drivers a sense of the car’s engines at work.The headlining technology is, of course, Super Cruise. Cadillac’s partially automated driver-assist feature can handle steering, accelerating and braking in certain situations on premapped highways; it debuted on the CT6 but will soon roll out to more Cadillac models. Cadillac says Super Cruise will be offered on some CT5 trim levels from calendar-year 2020.Beneath the sheet metal, the Cadillac CT5 rides on a version of General Motors’ Alpha platform, which endowed the ATS, CTS and Chevrolet Camaro with great driving dynamics. Cadillac name-checks high-end parts in the car’s chassis: ZF Modular Valve System dampers, a Bosch rack-mounted electric-power steering system and optional Brembo brakes. Aluminum is used for the front doors, hood and some chassis components to help achieve a 50:50 weight balance. An electric brake booster allows for varied levels of brake-pedal effort depending on driving mode.2020 Cadillac CT5 SportEnlarge ImageSport models get different design touches but a largely similar chassis setup to the CT5 Luxury models. Cadillac Powertrain choices comprise a 2.0-liter turbocharged four-cylinder, good for 237 horsepower and 258 pound-feet of torque, and a 3.0-liter twin-turbo V6 boasting 335 hp and 400 lb-ft. Both engines are mated to a 10-speed automatic transmission and feature cylinder deactivation tech to save fuel. Both rear- and all-wheel-drive configurations are available. The 2.0-liter is the first GM four-cylinder with cylinder deactivation, and it uses a sliding camshaft that physically moves side-to-side to swap between high-lift, low-lift and cylinder-off lobes.The CT5’s Sport trim levels will not have significantly different suspension tuning compared to the Luxury models, representatives said, and no summer-tire options are offered. But Cadillac hints that future V Series performance models could be on the way down the road.The 2020 Cadillac CT5 looks appealing both inside and out, with fresher design and a better feature set than the ATS and CTS. Experience with those cars, as well as the current Camaro, also suggests that any car riding on the Alpha platform should be quite good to drive, too. With all that in mind, we’re looking forward to getting behind the wheel at some point before the CT5 goes on sale this fall. New York Auto Show 2019 More From Roadshow Share your voice reading • 2020 Cadillac CT5 brings right-sized luxury to New York 50 Photos May 29 • 2020 Ford Escape: Everything there is to know Apr 19 • Acura MDX PMC Edition is a hand-assembled SUV in brilliant red paint Tags Apr 19 • Check out the gory details in Honda’s IIHS crash-tested HR-V • 2020 Cadillac CT5 is a right-sized, sporty luxury sedan 2019 Cadillac Escalade review: Large, luxurious and long in the tooth See All 2020 Cadillac XT6 first drive: Sometimes ‘more’ is more While the New York Auto Show has largely been home to new crossover debuts, Cadillac brought the heat with a brand-new sedan. It’s the 2020 CT5 — the replacement for the CTS — and it’s better positioned to take on the likes of the BMW 3 Series and Audi A4.”They’re part of our Cadillac DNA,” he said at a preview event in Detroit last week. “There are a lot of customers who do look for sedans.” Sedans Luxury cars Now playing: Watch this: Post a comment Cadillac 0 Apr 19 • Volkswagen’s US CEO says around $25,000 would be a smart price for a small pickup 2020 Cadillac CT5 brings a new look for the brand’s sedans to New Yorklast_img read more

Staging struggles of Arthur

first_imgThe Potter heads among us will surely remember the magical words of Dumbledore when he says, ‘Words are, in my not so humble opinion, our most inexhaustible source of magic, capable of both inflicting injury and remedying it.’ The play ‘Arthur’ delves upon this issue of non-communication through the lens of otherisation of a Northeast Indian youth in the city of Delhi, which they always claim is of ‘Dilwalon’ ki, but rarely one gets to see its caring nature. Also Read – Add new books to your shelfHeld on December 20, 6 pm, at Muktadhara Auditorium, New Delhi, the play was presented by the enthusiastic students from an NGO. After taking workshops for almost a year, this play was the first opportunity for them to showcase their learnings and talent. Coming back to the plot – like most of us, it is much more difficult for the reticent and introvert protagonist Arthur to feel the warmth of Delhi. But is the fault only of the city, or its dwellers? Or is there an interplay of multiple issues that are normally brushed under the carpet, but however need to be confronted, and dealt with? The answers are multifold, and the play tries to deal with these uncomfortable questions and answers. It is the first time that writer and director Janani Ray dealt with an issue which perhaps is close to her heart. Accompanied by a motley group of youngsters, whom she helps provide basic computer and English classes through her NGO AICURD, Ray enthralled the audience in the Capital with the capitavating performance and story.last_img read more

Happy birthday to the Mini

first_img Precision Oncology News, 2018 Powered by We recommend Precision Oncology News, 2019 Precision Oncology News Precision Oncology News, 2019 MSI Tumor Analysis Implicates Lynch Syndrome in Several New Cancer Types Google Analytics settings Precision Oncology News Yes No Guardant Health Announces Plans for Prospective Colorectal Cancer Screening Study Precision Oncology News, 2018 FLT3 Inhibitor Treatment Improves Survival in Relapsed, Refractory AML Patients With Mutations At ASCO, FDA Discusses Use of Real-World Data Drawn From Flatiron Health’s Clinico-Genomics Database Production rates for the latest generation of the Mini have never been greaterMINI The new generation Mini Hatch/Hardtop went on sale in July 2001 and was an immediate sales success, with an all-new second generation of the Hardtop/Hatch model launched on November 18, 2006. Mini seems to be extraordinarily good at getting its milestone birthdays lined up, as November 18, 2006 was the 100th birthday of Sir Alec Issigonis.Celebrations are in full swing around the world at present, with another milestone conveniently coinciding with the 60th birthday of the brand as the 10 millionth Mini was produced a few weeks ago on July 24, 2019. Production rates for the latest generation of the Mini have never been greater. A workforce of 4,500 employees now creates a new car every 67 seconds. Long live the Mini! I consent to the use of Google Analytics and related cookies across the TrendMD network (widget, website, blog). Learn more Privacy policy Happy birthday to the Mini! Sixty years ago today (August 26, 1959), the British Motor Corporation first showed its new compact car. Announced under two brands, as the Morris Mini-Minor and the Austin Seven, the identical four-seaters designed by Alec Issigonis began a dynasty that continues to this day.The classic Mini went out of production in the year 2000, with 5,387,862 units produced, making it the world’s most successful compact car. After a break of not quite a year, a new chapter in the history of the brand opened up in 2001, carrying forward the ideas of by-then knighted Sir Alec Issigonis into the 21st century. Proteogenomic Approach Identifies Candidate Tumor-Specific Antigens for Immunotherapies At launch, one of the key selling features of the Morris Mini-Minor and the Austin Seven was the amount of internal storage capacityMINI Precision Oncology News, 2018last_img read more