They are transforming the way people relate to each other, the way societies function and the way they are governed. The devastating effects of global warming on our climate are already being felt, with extreme weather conditions damaging livelihoods, communities and economies. As a young nation, only 25 years into our democracy, we are faced with a stark choice. It is a choice between being overtaken by technological change or harnessing it to serve our developmental aspirations.
It is a choice between entrenching inequality or creating shared prosperity through innovation. Today, we choose to be a nation that is reaching into the future. In this regard, our bilateral agreements must be informed by realities of the contemporary generation and therefore we must adapt to these new realities. Firstly, the South African government is pursuing a prudent fiscal and monetary policy to create a favourable business environment for businesses to operate in.
It should be mentioned that it is in addition to the stable political environment in South Africa for businesses to thrive in.
South African government is actively working towards lowering the costs of business in terms of telecommunication, transportation, power etc. Currently, South Africa is restructuring State-Owned Enterprises operating in these sectors to become more operationally effective. South African Company registration Office has substantially cut the turnaround for the registration of new businesses. In the past, it took months to register. However, now it could be done in a couple of days.
There is tremendous scope for cooperation in the renewable sector and the oil and gas sector between the two countries. South Africa is due to announce the 5th round of renewable energy projects. The tender process is open to all Indian companies that are interested in the development of renewable energy projects.
It is our wish that Indian renewable energy companies should participate in this process in order to effect FDI investment in South Africa. In terms of oil and gas, Petro SA and ONG have interacted in the past to explore cooperation in the exploration of oil blocks being situated at the coast of South Africa.
Furthermore, Sasol, coal to liquid South African company is actively looking to joint venture with a partner in India to utilise the South African technology to benefit India in the gas and oil sector.
The Mission is encouraging the mentioned companies and other companies from both countries to explore cooperation opportunities in the oil and gas sectors of both countries. Each time you even fly from Australia [where he was high commissioner until October when he resigned] for a minute [court] session.
It has been a very difficult thing [to have happened] to me. I am relieved. SowetanLIVE is yet to establish whether or not charges against his co-accused have also been withdrawn. The four men - George Mahlalela, Zakhele Thwala, Tebogo Mphuthi and Justin Ncube - were charged with arranging kickbacks in exchange for a five-year contract extension for the management of the Electronic National Traffic Information System.
Would you like to comment on this article or view other readers' comments? Register Sign in. South Africa. Questions asked to ministers: What are questions asked to ministers? Written questions and feedback are essential tools used by MPs for oversight and hold the executive accountable. You can see the questions that your MPs are asking here. Questions asked to the Minister of Correctional Services 27 Mar What are plenary appearances?
Plenary sessions are forums that have been created for the purpose of public debate and decision-making. This mechanism is used to convey the messages of our MPs within main chambers on important decisions, like how they vote.
Appropriation Bill 29 May Declaration of interests What are declaration of interests? Annually, MPs are required by parliament to register their financial interests and gifts received in their official capacity. Due to the significant influence of the role that MPs take on, there may be times when their personal or business interests become in conflict with the duty prescribed to them as elected officials representing the public interest.
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