Dusseldorp south africa

Johannesburg: Prime Minister Narendra Modi, who is on a five-day tour of East Africa, will on Thursday address the 10th BRICS Summit in South Africa's Johannesburg around 11:00 to 12:00 local time. The theme of this year's summit is, 'BRICS in Africa - collaboration for inclusive growth and shared prosperity in the 4th industrial revolution'. According to sources, PM Modi's speech is likely to focus on Triple "T (Trade, Talks and Terrorism)  Besides Prime Minister Modi, heads of the four other BRICS member states - Brazil, Russia, China and South Africa - will also take part in the Johannesburg meeting.  During the three-day summit, the top leaders are expected to deliberate upon global issues, international peace and security, global governance and trade issues among others. The three-day summit officially began on Wednesday with the BRICS Business Forum Meet. In his keynote address, South African President Cyril Ramaphosa said, "This year marks the decade of co-operation … [Read more...] about PM Narendra Modi to address BRICS Summit in South Africa, hold talks with Vladmir Putin, Xi Jinping

Video PlayerClose JOHANNESBURG, Dec. 10 (Xinhua) -- Chinese enterprises held a job fair in Johannesburg on Tuesday, offering more than 200 jobs to local people. The Chinese ambassador to South Africa Lin Songtian said the second Chinese job fair was meant to ensure South African jobseekers communicate with Chinese enterprises face to face. "This year the job fair is much better, there are more companies, more positions and more jobs. This year I am told there are over 200 jobs on offer. This demonstrates true partnership between South Africa and China. We are willing and committed to work with South African government to create jobs and for economic transformation and economic development," said Lin. He said that in future many Chinese enterprises will invest in the country to create jobs and fight poverty and inequality. He also called on Chinese enterprises operating in the country to show some corporate responsibility. A total of 60 Chinese enterprises operating in South Africa … [Read more...] about Chinese enterprises held job fair in S. Africa

Video PlayerClose Amid robust growth in agricultural trade, participants of an international forum hailed the broad prospects for China-Africa agricultural cooperation in the new era. by Xinhua writers Yue Xitong, Huang Shunda SANYA, Dec. 10 (Xinhua) -- China has been committed to joining hands with African countries to achieve food security and agricultural modernization, participants of an international forum said Tuesday. Amid robust growth in agricultural trade, they hailed the broad prospects for China-Africa agricultural cooperation in the new era at the 1st Forum on China-Africa Cooperation in Agriculture, which concluded Tuesday in the city of Sanya, south China's Hainan Province. The two-day event brought together 500 representatives from institutions of higher education and research, enterprises from home and abroad, as well as international organizations. African learners visit a cassava field in Yanfeng Town, Haikou City of south China's Hainan Province, Sept. 9, … [Read more...] about Xinhua Headlines: China, Africa join for broader agricultural cooperation

Video PlayerClose CAPE TOWN, Dec. 10 (Xinhua) -- South Africa's electricity system is being effectively controlled despite worsening load shedding, electricity utility Eskom said on Tuesday amid growing public panic over possible collapse of the national grid. "We remind customers that load shedding at stage four is no cause for alarm as the system is being effectively controlled," said the state-run parastatal, which provides about 95 percent of the electricity consumed in South Africa. Eskom on Monday raised the level of load shedding from stage four to stage six, the highest level ever implemented, which allows for up to 6,000MW to be cut from the national grid. The move caused panic among the public that the national grid would collapse soon. Economists have warned that the implementation of stage six load shedding for the first time would further dampen South Africa's already poor economic growth prospects. "With Eskom confirming a stage six blackout from today (Monday), one … [Read more...] about S. Africa’s electricity system being effectively controlled despite worsening load shedding: Eskom

Video PlayerClose ACCRA, July 31 (Xinhua) -- The partnership between the Industrial and Commercial Bank of China (ICBC) and the Standard Bank of South Africa has created more convenience for Chinese investors in Africa, a senior executive said here on Wednesday. Sylvia Inkoom, the head of client coverage at Stanbic Ghana, a local subsidiary of Standard Bank, made the remarks in an interview with Xinhua at a one-day special meeting held for Chinese clients of Standard Bank in Ghana. "Our partnership with ICBC gives us the leverage to be able to deliver financial support, technical support, and insight to our Chinese clients in Ghana and the other 19 countries we operate in," she said. Before the partnership between ICBC and Standard Bank, Inkoom said Chinese companies that came to do business in Africa had to spend time looking for credible banks. With its 20.1-percent stake, ICBC is the single largest shareholder in the Johannesburg-based Standard Bank Group. "It just makes the … [Read more...] about Interview: Standard Bank-ICBC partnership conducive to Chinese investment in Africa: Ghanaian expert