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09 May 2012
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Global South African Weekly News Wrap Up 09 May2012
 
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09 May 2012
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4 May 2012The TimesPage 10Thabo Mokone
SA spending millions to woo African tourists
Tabling his department's spending plans for the next financial year in the National Assembly,Tourism Minister Marthinus van Schalkwyk said his department had set aside R218-million tohelp the South African Tourism agency set up offices in west Africa and east Africa asincreasing numbers of tourists from those regions came to South Africa.
Van Schalkwyk said that last year alone tourist arrivals from Nigeria and Tanzaniaincreased by almost 38% and 46% respectively."We will be investing R218-million over the next three financial years to support SATourism's efforts to grow our share of the African market," he said."We have opened a country office in Angola, and plan to have five more on thecontinent in the next five years, the second of which is to open in Nigeria in thecoming financial year."An office would also be opened in Brazil.Van Schalkwyk told parliament that business tourism was growing rapidly followingthe establishment of the National Conventions Bureau as a business unit of SATourism - which led to South Africa securing the hosting of more than 200international conferences in the next five years."For the next five years, South Africa has already secured over 200 internationalconferences, which are estimated to attract 300000 delegates and provide an economicboost of more than R1.6-billion," he said.About 1160 properties have entered the tourism sector as lodges, guest houses orhotels after complying with Tourism Grading Council of SA standards.Van Schalkwyk will appoint the Tourism Empowerment Council of SA, or theTourism BEE Charter Council, to monitor the transformation of the sector inaccordance with the BEE Charter.
3 May 2012Mail and GuardianSapa
Zuma looks to India investment
 
09 May 2012
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Indian and South African businesses need to consider how they can invest in projects to helpcombat unemployment, poverty and inequality, President Jacob Zuma said on Thursday.
"We invite the business communities ... to consider seriously how they can invest inprojects that will help us take forward these goals ... while obviously obtaining returnson investments," Zuma said in a speech prepared for delivery at the South Africa-India Business Forum."We stand ready to provide whatever support is needed to make doing business easyin the respective countries."Zuma and his Indian counterpart, Pratibha Devisingh Patil, who was in the country ona state visit, were attending the forum in Pretoria.Zuma said Patil's visit was a follow-up to the commitments made during his state visitto India in 2010. During that visit the two governments agreed to facilitate directinteraction between the private sectors of both countries.Mutual trade"We set a target of $15-billion of trade between South Africa and India, to beachieved by 2014," said Zuma."According to current trade statistics this could be reached earlier than anticipated."By the end of last year the figure was close to $7-billion, he said."We are on the right path indeed. We congratulate you as business for taking thischallenge seriously," said Zuma.The ministers responsible for trade, industry and commerce were of the view that themutual trade between South Africa and India should increase to R111-billion by 2014,he said."Let me remind you that you are in the right continent at the right time. The Africancontinent is the new frontier of economic growth and development," said Zuma.
9 May 2012Business DayPage 4Trevor Neethling
Broadband migration ‘will create 1
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million jobs’
 
The 100% migration to broadband by 2020 would create 1-million jobs,Communications Minister Dina Pule said during her budget vote speech inParliament yesterday.
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