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Posts Tagged ‘President Cyril Ramaphosa’
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November 22, 2019

Nedbank partners with Mara Phones for affordable mobile devices

Nedbank has partnered with Mara Phones to make locally-made Android smartphones available to its clients.

Mara Phones, a division of the Mara Corporation, recently launched the first African-based smartphone-manufacturing factory in Kigali. President Cyril Ramaphosa opened the second factory in Durban on 17 October 2019.

Each factory has a capacity to produce a few million smartphones units per year.

“We are exceptionally pleased that Nedbank has come on board to partner with Mara Phones, thereby enabling South Africans an opportunity to procure and acquire high quality and affordable smartphones. Our aim is to increase smartphone penetration on the continent by [...]

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August 23, 2019

Ramaphosa signs new law to protect local cultures from being exploited

President Cyril Ramaphosa has signed the Protection, Promotion, Development and Management of Indigenous Knowledge Bill into law.

The new act aims to prevent the unauthorised use and misappropriation of knowledge developed over time by the country’s indigenous communities.

It also promises to place these communities at the centre of the commercialisation process.

“Indigenous knowledge is a national asset and that it is therefore in the national interest to protect and promote indigenous knowledge through law, policy and both public and private sector programmes,” the act’s preamble states.

It further states that the act will “encourage the use of [...]

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June 11, 2018

RAMAPHOSA HEIGHTENS INVESTORS INTERESTS AT G7 SUMMIT

President Cyril Ramaphosa has welcomed the interest shown in South Africa by the global business community at the just concluded G7 Leaders’ Outreach Summit in Quebec City in Canada.

In a statement, the SA presidency said Ramaphosa welcomed the interest in SA as an investment destination and lauded the “wonderful exchange of views” in a session he described as oversold.

According to the presidency, Ramaphosa regards this interest as demonstrating a recognition of South Africa’s new dawn – a period of renewal and rebuilding.

Ramaphosa concluded his working visit to Canada where he participated in the G7 Leaders’ Outreach Summit held in Quebec City under the [...]

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May 22, 2018

Mcebisi Jonas joins the MTN board

The MTN Group has announced that Mcebisi Jonas and Bajabulile Tshabalala will join the company’s board as Independent Non-Executive Directors from June 1st, 2018.

Tshabalala is currently Executive Director of the consulting and investment holding firm, Barbican Advisory Group while Jonas was the former Deputy Finance Minister who served under both Nhlanhla Nene and Pravin Gordhan.

The Chairman of the MTN Group Phuthuma Nhleko said “I wish to extend a warm welcome to Swazi and Mcebisi. We are all excited to have them onboard. As we continue to steer our business into a new trajectory of execution excellence”.

Nhleko added that he believes that [...]

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