Looking at China as blueprint for Africa

Published 11 December, by a staff writer. 
Address by Dr Iqbal Survé, executive chairman of Independent Media and the Sekunjalo Group and chairman of the Brics Business Council South African chapter, at a seminar on Thursday at the Belmond Mount Nelson on “Xi Jinping: Thought on Socialism with Chinese Characteristics for a New Era”, and the official review ceremony of the new book Xi Jinping:

It gives me great pleasure to be here today to reflect and discuss two important events that took place this year: the 19th National Congress of the Communist Party of China and the second volume of Chinese President Xi Jinping’s Governance of China.

I have been to China 15 times over the past 10 years. To attend the WEF summit, the Brics Business Council Meetings and summits, G20 meeting, and on state and other media visits.

My visits have given me insights: it has been a learning journey to observe first-hand the humanitarian progress, technological progress and the progress in social cohesion, the reduction in inequality and the focus which China has on industrialisation, economic growth and, more recently, services business and technologies.

And above all of that, through my involvement in the Brics Business Council and state visits, I have had opportunities to engage personally in forums with President Xi Jinping, and recently had the pleasure of handing over the Brics Business Council report to five Brics presidents, including President Xi Jinping.

In all of these interactions I have managed to glean what I would describe as my own personal remarks about President Xi Jinping.

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OPINION: Love your neighbour more than you love yourself

Published 11 December 2017, Adri Senekal De Wet

JOHANNESBURG – South Africa made global headlines last week. Allegations of corrupt dealings at Naspers and Steinhoff shocked the global investment fraternity.

I received messages and phone calls from business leaders, economists and stockbrokers from all over the globe, all eager to share more bad news, all armed with deadly ammunition to launch the final missile against these two companies.

What was surprising was how many people from the Afrikaans community were angered by what had been done by these two companies.

Naspers and its local subsidiary Media24 are competing media houses to Independent Media. The recent allegations of corruption against Naspers and its board members gave us the opportunity to launch our own missile, to gain financially by selling more news in print and online, by selling their bad news, thus weakening a competitor.

This is something that Naspers and Tiso Blackstar (formerly TMG) perfected against Independent media and its owner Dr Iqbal Survé since he acquired the business in 2013.

I called Independent chairperson Dr Survé after these revelations, asking for his views of the recent corruption allegations at Naspers, which has never had a good word to say about him.

They even pay a journalist a retainer to investigate and write negative articles about Dr Survé. After many years, after finding nothing, they are forced to sit back and relax.

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‘Africa and China have shared future under new world order’

Published 08 December 2017, by an ANA reporter

Cape Town – The world order has changed and it was time to take hands and chart a common destiny.

This was one of the central themes to emerge from a seminar held in Cape Town on Thursday under the twin headings Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and Xi Jinping: the Governance of China II Book Review.

Speaking at the event, National Assembly House chairperson, Cedric Frolick, lauded the relationship between China and Africa in a changing global environment and the “visionary” leadership approach by Chinese President Xi Jinping.

“Whoever thought those who claimed to be the protectors of democracy and freedom in the world now find themselves on the other side,” he said.

“The world order has changed and it is time to take hands and chart a common destiny.”

China’s Ambassador to South Africa Lin Songtian said South Africa and China are united by a shared philosophy, with his country striving to promote social fairness and justice and to win the battle against poverty.

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‘The world order has changed’

Published 07 December, by an ANA reporter  

Cape Town – The world order has changed and it was time to take hands and chart a common destiny.

This was one of the central themes to emerge from a seminar held in Cape Town on Thursday under the twin headings Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and Xi Jinping: the Governance of China II Book Review.

Speaking at the event, National Assembly House chairperson, Cedric Frolick, lauded the relationship between China and Africa in a changing global environment and the “visionary” leadership approach by Chinese President Xi Jinping.

“Whoever thought those who claimed to be the protectors of democracy and freedom in the world now find themselves on the other side,” he said.

“The world order has changed and it is time to take hands and chart a common destiny.”

China’s Ambassador to South Africa Lin Songtian said South Africa and China are united by a shared philosophy, with his country striving to promote social fairness and justice and to win the battle against poverty.

Please read the full article here:

Finland is a country that SA should emulate

Published  06 December 2017, by Helmo Preuss, Helsinki

JOHANNESBURG – Finland has a population of only 5.5million people or less than the combined populations of Cape Town and Pretoria with a land area of 338145km².

That’s about 90percent of the Northern Cape’s land area, or just over a quarter of South Africa’s land area, yet its economy is only 22 percent smaller than South Africa’s. This means its per capita income of $42300 (R570000) is more than triple South Africa’s.

Being three times richer was not due to nature’s bounty – Finland doesn’t have major oil deposits as Norway, Russia, Saudi Arabia or the US do – but a highly educated workforce that resulted in one Finnish company, Nokia, dominating global cellphone sales in the late 1990s.

The workforce starts with teacher selection and training. The teacher training colleges pick the cream of the crop through a rigorous selection policy of only choosing student teachers from the top 10th percentile of school graduates, which is then followed by a rigorous and lengthy theoretical and practical training. There is also intensive mentoring in early professional life so that the novices learn the tricks of the trade early on and are not left to flounder without support.

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Line-up for 2018 Cape Town International Jazz Fest named

Published 28 November 2017, by staff reporter

Cape Town – Corinne Bailey Rae has been named among the headline international acts of the 19th Cape Town International Jazz Festival taking place on March 23 and 24, 2018, at the Cape Town International Convention Centre.

Seu Jorge, whose Portuguese covers of David Bowie’s songs got global recognition in the movie The Life Aquatic with Steve Zisou, will also be among the top international acts.

Some of South Africa’s best performance talent will also be on show.

Local fusion sensation Mi Casa is also in the line-up for the 2018 festival, along with veteran Cape Town performer Alistair Izobell.

Cape Town’s Claire Phillips and Jarrad Ricketts, crowned the espYoungLegend 2018 winner, will up the game with a dynamic showcase.

Sekunjalo Edujazz Band will also be on hand to deliver their impressive interpretation of evergreen standards and local classics. Helmed by new director Kelly Bell, the ensemble’s varied playlist includes numerous memorable highlights.

Independent Media’s group executive for marketing and communication, Lutfia Vayej, said the sustainable training and development programmes, job creation opportunities and the promotion of local talent and artists on the African continent, are in line with Independent Media’s empowerment and development objectives and the key reason for the company’s sponsorship of the festival once again.

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The Mercury celebrates 165 years in the newspaper business

Published 24 November 2017, by Dhivana Rajgoapul

DURBAN – One of Independent Media’s titles, The Mercury celebrated 165 years of being in the newspaper business.

Present at the celebrations was Independent Media Executive Chairman, Dr Iqbal Survé and the editor of The Mercury, Yogas Nair.
Also present at the event was eThekwini Mayor, Zandile Gumede, Durban Chamber of Commerce and Industry CEO, Dumile Cele and members of the business industry which included, Vivian Reddy – owner of Edison Power and Shobna Persad from SABMiller.
Dr Iqbal Survé called The Mercury Newspaper “an established part of society” and said that the newspaper was a “shining light in murky times.” He added that Independent had invested heavily in bringing their digital and new media platforms in line with global trends. Survé also said that the paper continued to hold its own despite very tough print media times.
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#Mercury165: Hungry for inspiration, business community flocks to Mercury breakfast

Published 23 November 2017, by Garth Johnstone 

 

The Durban and the KwaZulu-Natal business community turned out in numbers to celebrate The Mercury’s 165 years milestone business breakfast at Sibaya on Thursday morning.

Inspirational guest speaker, mind coach Robin Banks, drew guests such as mayor Zandile Gumede, municipal manager Sipho Nzuza, leading businessman and Sibaya Casino chairman Vivian Reddy and Sekunjalo executive chairman Dr Iqbal Survé.

Survé spoke about the legacy and heritage of the title, describing The Mercury as a credible, established part of KZN society with an incredible history.

It gives me great pride and pleasure to celebrate 165 years of one of SA’s oldest newspapers.”

Survé noted it was also KZN’s leading morning title.

He also spoke about the constant attention being paid to update the business model, embracing the latest technology to meet the ever-changing media landscape.

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SA the engine to drive Africa, says China’s Lin

Published 10 November 2017, by ANA

Cape Town – South Africa has the perfect foundation to be the locomotive to drive growth and development on the African continent, says China’s recently appointed ambassador to South Africa, Lin Songtian.

During an interaction with senior editors from Independent Media and executives from the Sekunjalo group, he said: “The potential of Africa is huge. The problem is capacity.” He listed infrastructure and governance issues as areas of concern.

Turning to South Africa, Lin, who took up his position in August, said the country’s foundation was perfect to drive continental growth through industrialisation. “We see South Africa as a manufacturing and production base which will create jobs,” he added.

The ambassador stressed the need to work together to help drive development, the key to overcoming poverty.

Pointing at China’s economic development in recent decades, Lin said the aim was to lift all of that country’s 1.4 billion people out of poverty.

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LIVE: AEEI releases its financial year-end results

Published 07 November 2017, by a staff reporter

CAPE TOWN – African Equity Empowerment Investments Limited has reported strong year-end performance, with 111% increase in operating profit.

Highlights

– Profit before tax increased by 136% from R288m to R681m

– Headline earnings per share increased by 120% from 43.13 cents to 94.89 cents

– Earnings per share increased by 120% from 44.09 cents to 97.10 cents

– Operating profit increased by 111% from R310m to R655m

– Net asset value increased by 100% from R1bn to R2bn- Total assets increased by 65% from R1.7bn to R2.8bn

– Revenue increased by 43% from R736m to R1 052m

– Net cash generated from operating activities increased to R80m

– Final dividend declaration of 5.50 cents per share to shareholders

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