South Africa and Uganda Commit to Facilitating Trade and Investment Flows

The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe together with the Ugandan Minister of Trade, Industry and Cooperatives, Ms Amelia Kyambadde have committed to facilitating trade and investment flows between their respective countries as contained in the Trade Agreement signed in 2002 and in keeping with the principles of the Tripartite Free Trade Area (T-FTA) negotiations.

This momentous declaration was pronounced by the ministers during the conclusion of the 2nd South Africa-Uganda Joint Trade Committee (JTC), which took place in Pretoria, today (January 30, 2018).

According to Magwanishe, key notable developments to have emanated at the 2nd JTC include the charting of a roadmap for further cooperation to drive trade and investment and investment flows between the respective countries.

“Our Council for Scientific and Industrial Research (CSIR) and the Uganda Industrial Research Institute (UIRI) have already renewed a Memorandum of Understanding (MoU) and have since agreed to collaborate in the areas of agro and food processing, clean production, waste management, product development, Human Capital and Organisational Development,” he said.

In addition, Magwanishe reiterated the need for the South African Bureau of Standards (SABS) and the Uganda National Bureau of Standards (UNBS) to strengthen collaboration on the harmonisation of standards in order to facilitate the smooth flow of trade between the two countries. Collaboration between the Industrial Development Corporation of South Africa and the newly formed Uganda Development Corporation was encouraged. Furthermore, a new work stream under the JTC was created to focus on the development of small businesses, to be led by the Small Business Development Department in South Africa and the equivalent Unit in the Trade and Industry Ministry in Uganda.

The Ugandan Ugandan Minister of Trade, Industry and Cooperatives, Ms Amelia Kyambadde also noted the importance of promoting private sector to private sector engagements and commended the establishment of the Forum of South African Businesses in Uganda (FOSABU).

“I highly recommend that consideration be given to the formation of an equivalent formation in South Africa and that we develop a mechanism that will enable us to monitor goals achieved by the JTC and that we convene as often as possible instead of the standard once bi-annual period,” she said.

Distributed by APO Group on behalf of The Department of Trade and Industry, South Africa.

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Hilton Marks Opening of Hilton Cabo Verde Sal Resort

Hilton (NYSE: HLT) (http://HiltonWorldwide.com) marked the official opening of its spectacular new resort on the Island of Sal in Cabo Verde, announcing the company’s debut in the country and further growing the brand’s portfolio of world-class resorts.

Rudi Jagersbacher, Hilton’s president for Middle East, Africa and Turkey, and the company’s area vice president of operations for Africa and Indian Ocean, Jan van der Putten, were joined at the hotel’s opening ceremony by the country’s Prime Minister, Ulisses Correia, Justice Minster Janine Lelis, the hotel’s owners, and a host of dignitaries, ambassadors and guests.

Speaking at the event, Jan van der Putten said: “Cabo Verde is a fast-growing tourism destination that offers amazing weather year-round, a rich culture and pristine beaches, and we look forward to welcoming visitors to Sal with our world-renowned Hilton service and hospitality. We have an incredible product here and we expect to drive great business and opportunity to the hotel and to Cabo Verde as we look to expand in the country.”

Hilton Cabo Verde Sal Resort boasts of a stunning natural stone pool set within a lush tropical garden. Guests can enjoy a 24-hour fitness center, a kids club with a children’s pool and a nautical center for diving and sailing adventures. The hotel also features a beauty salon and Hilton’s signature eforea Spa concept with a wet area and eight treatment rooms.

Guests and local residents can enjoy a variety of dining options on-property, including:

THE BOUNTY BEACH CLUB: Blending international cuisine with Creole hospitality, Bounty Beach Club offers a casual but refined dining experience serving innovative specialties. Through the afternoon and into the night, guests can enjoy world-class cocktails while listening to the restaurant’s DJ.

POOL BAR: The Pool Bar offers a range of colorful and healthy food and drink options, including fruit juices and natural cocktails that guests can sip while relaxing by the pool.

CIZE BAR: In the evenings, guests can enjoy a carefully prepared cocktail or a glass of chilled wine at Cize Bar. As the sun sets, jazz, soul and Cape Verdean music add to the venue’s unique ambience.

MAGELLAN: Inspired by the sailing routes of the discoverers of the new world, Magellan is the hotel’s all-day dining restaurant and features a rich buffet with open cooking demonstrations and a selection of international dishes.

Hilton Cabo Verde Sal Resort is also the only hotel in the area to offer 24-hour room service and a minibar.

With over 1,000 square meters of flexible meeting and events space, including a 300 square-meter ballroom with high ceilings, Hilton Cabo Verde Sal Resort is ideal for business groups, small meetings and social events. The hotel also offers wedding packages which allow couples to celebrate their special day on the scenic beach overlooking the Atlantic Ocean.

“Hilton Cabo Verde Sal Resort is a world-class destination resort that caters to the increasing demand for next level hospitality in Cabo Verde,” said Alejandro Casamor, general manager. “With a beach club, flexible meeting space and a host of other facilities, Hilton Cabo Verde Sal Resort is poised to become the preferred choice for travelers visiting the country.”

Each of the hotel’s 241 spacious guest rooms features a 50-inch LED television, Wi-Fi and a balcony or terrace. All rooms span at least 39 square meters, while suites offer at least 75 square meters of space. In addition, guests staying in Oceanfront Suites or in the Presidential Suite will be able to enjoy breathtaking ocean views.

Hilton Cabo Verde Sal Resort is also part of Hilton Honors, the award-winning guest-loyalty program for Hilton’s 14 distinct hotel brands. Members who book directly have access to instant benefits, including a flexible payment slider (http://APO.af/uQB6ww) that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount, free standard Wi-Fi and access to the Hilton Honors mobile app. Diamond members will enjoy free Premium speed Wi-Fi, space-available upgrades, complimentary breakfast and 1,000 Bonus Points per stay. Gold members will have the option of a complimentary, continental breakfast or 1,000 Bonus Points per stay.

Hilton Cabo Verde Sal Resort is located at Avenida Dos Hoteis, Santa Maria, 4111, Cabo Verde, just 15 kilometers away from Sal International Airport. For more information, or to make a reservation, call +238-3344444 or visit here (http://APO.af/zVTaQY) to book.

Media may access additional information and images at news.hilton.com/CaboVerde (http://APO.af/P7CjLR).

Distributed by APO Group on behalf of Hilton.

About Hilton
Hilton (NYSE: HLT) (http://HiltonWorldwide.com) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,100 properties with nearly 838,000 rooms in 103 countries and territories. Hilton is dedicated to fulfilling its mission to be the world’s most hospitable company by delivering exceptional experiences – every hotel, every guest, every time. The company’s portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton Honors. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose exactly how many Points to combine with money, an exclusive member discount that can’t be found anywhere else and free standard Wi-Fi. Visit http://Newsroom.Hilton.com for more information and connect with Hilton on Facebook (http://APO.af/ZkBUVg), Twitter (http://APO.af/jrzz8b), LinkedIn (http://APO.af/HExEhd), Instagram (http://APO.af/UJf6xC) and YouTube (http://APO.af/LzywDo).

About Hilton Hotels & Resorts
For nearly a century, Hilton Hotels & Resorts (www.Hilton.com) has been proudly welcoming the world’s travelers. With more than 570 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As the flagship brand of Hilton, Hilton Hotels & Resorts continues to set the standard for hospitality, providing new product innovations and services to meet guests’ evolving needs. Hilton Hotels & Resorts is a part of the award-winning Hilton Honors program. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that can’t be found anywhere else, free standard Wi-Fi and digital amenities like digital check-in with room selection and Digital Key (select locations), available exclusively through the industry-leading Hilton Honors app. Begin your journey at www.Hilton.com and learn more about the brand by visiting http://News.Hilton.com or following us on Facebook (http://APO.af/WYkas2), Twitter (http://APO.af/84yDNh) and Instagram (http://APO.af/5ZMhXL).

Source:: Hilton Marks Opening of Hilton Cabo Verde Sal Resort

      

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South Africa: Portfolio Committee Appeals For Freeze in Price of Bottled Water

The Portfolio Committee on Trade and Industry will write to the Minister of Trade and Industry and the National Consumer Commissioner (NCC) to ask them to rein in unscrupulous traders who have increased the price of bottled water to benefit from the ongoing water crisis in Cape Town.

“In principle we are asking for intervention so that something can be done to make sure the regular price of bottled water is not increased without any regard to the pockets of consumers especially the most vulnerable”, said Mr. Adrian Williams of the African National Congress. All members agreed that something must be done while Mr Ghalieb Cachalia from the Democratic Alliance agreed that “measures should be developed to prevent the poor bearing the brunt of such unfair trading”.

The Chairperson of the Committee, Ms Joanmariae Fubbs having noted the consensus of all Committee members present said that given the water situation in Cape Town, “the current increase in the price of bottled water being charged by some unscrupulous entrepreneurs amounts to exploitation of the poor and vulnerable and does not reflect the spirit of the Constitution”.

She said the Minister and the NCC must apply their minds “expeditiously to make sure unfair business practices do not prevail” in Cape Town.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

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African Risk Capacity and United Nations Partner to Increase Insurance Coverage in Africa

The African Risk Capacity (ARC), an agency of the African Union, and the United Nations Economic Commission for Africa (ECA) today (January 30, 2018) announced a new partnership which will see the two organisations work together to increase insurance coverage against climate risks for African states.

The multilateral deal was announced at the African Union’s Annual Summit in Addis Ababa, and commits ARC and ECA to build the capacity of their 33 common Member States by embedding risk management investments into government planning through policy development. ARC and ECA also will share expertise and commit financial resources to joint analytical work in areas of economic and climate risk research in order to promote risk transfer instruments.

The UN estimates that Africa will see the adaptation costs of climate change rise to $50 billion per year by 2050.

“This partnership marks a bold new phase of heightened collaboration on combatting the effects of climate change in Africa,” said Mohamed Beavogui, Director-General of ARC Agency. “The future of disaster risk management is an increasingly urgent economic issue, and ECA’s unique expertise will complement ARC’s work serving its Member States and building preparedness and resilience on the continent.”

In the four years that ARC has offered insurance coverage to its Member States, it has paid out more than USD $34 million to Member States affected by drought events. These resources have assisted over two million people affected by climate disaster.

“Climate change is one of the biggest threats to Africa’s economic and social development,” said ECA Executive Secretary Vera Songwe. “We believe that efforts like our partnership with ARC will help move the needle, so that African countries can be well-guarded against these threats, and they can thrive.”

Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).

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