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I just recorded a new podcast episode diving deep into a crucial topic for aspiring and current pharmacy and chemist business owners in Nigeria: funding!We answered a fantastic listener question from Frances in Abuja, exploring the various grants and soft loan options available. The first critical step? Ensuring full legal compliance and NAFDAC registration – a non-negotiable foundation for any legitimate pharmacy business.We then explored a range of financing avenues, moving beyond the often-intimidating large-scale options: * Health Finance Products from Nigerian Banks: We looked at solutions offering working capital and asset finance specifically tailored for the healthcare sector. * CBN Healthcare Sector Intervention Facility (HSIF): Discover credit facilities with attractive terms (up to 10 years at around 9% interest) for manufacturers and suppliers in healthcare. * Development Bank of Nigeria (DBN): Exploring facilities designed to support business growth and expansion. * Microfinance Banks: A viable source for smaller-scale business growth and expansion. * Cooperatives & Mutual Savings Groups: Tapping into community-driven financial support. * Non-Interest (Islamic) Financing: We discussed innovative profit-sharing models that provide capital without traditional interest.A key takeaway for anyone seeking institutional finance? Come prepared! Have a solid business plan and robust financial projections ready to make a compelling case for your funding needs.Listen in to the full episode to get all the details and empower your pharmacy business journey!Details in my bio!#PharmacyBusiness #HealthcareFinance #Nigeria #SmallBusinessFunding #Grants #SoftLoans #CBN #DevelopmentBankOfNigeria #Microfinance #Cooperatives #NonInterestFinance #Entrepreneurship #Abuja
Indonesia Resmi Jadi Anggota News Development Bank
Nosipho Radebe speaks to Zeph Nhleko, Chief Economist at Development Bank of Southern AfricaSee omnystudio.com/listener for privacy information.
One-on-one with Hon. Kojo Oppong Nkrumah, MP for Ofoase-Ayirebi! He exposes the government's tax abolishment claims, reveals a massive funding gap for the Women's Development Bank, tears into Sammy Gyamfi's Goldbod initiative & more!
0:00- Intro0:08- TransJamaican Highway brought in almost 83 million US dollars in 2024. That's about 13 billion Jamaican dollars -a record high for the company. 0:40- The Bank of Jamaica says it's keeping its benchmark interest rate at 6 percent. 1:10- The Development Bank of Jamaica is inviting applicants for its latest round of the Jamaica Business Fund.1:40- Martinique is set to become an associate member of the Caribbean Community, CARICOM, this year.2:09- Tech giant Apple says it plans to invest more than 500 billion US dollars in the United States over the next four years.
Stephen Grootes speaks to Dr. Kingsley Makhubela, risk analyst and former diplomat, about the Development Bank of Southern Africa's (DBSA) decision to reject a loan deal with a sanctioned Russian state-owned bank, and what this move means for South Africa's economic relations. In other interviews on this episode of The Money Show, Clicks Group CEO Bertina Engelbrecht talks about the retail giant's resilience, reflected in its 14.3% profit leap, and the strategies fueling its success. Interview: Clicks Group publishes 14.3% growth in full-year profit Stephen Grootes speaks to Clicks Group CEO Bertina Engelbrecht about the retail giant's resilience, reflected in its 14.3% profit leap, and the strategies fueling its success. The Hidden Impact of White-Collar Crime Trapping Communities in Despair Stephen Grootes speaks to Jon Foster-Pedley about the insidious effects of white-collar crime, shedding light on how fraudulent activities undermine economic stability and perpetuate social inequality. Market Commentary Rudi van der Merwe, Portfolio Manager at Adviceworx and Stephen Grootes analyse top business news of the day as well as global and local financial markets. Rejecting Russia's Offer: SA's Economic and Diplomatic Considerations Stephen Grootes speaks to Dr. Kingsley Makhubela, risk analyst and former diplomat, about the Development Bank of Southern Africa's (DBSA) decision to reject a loan deal with a sanctioned Russian state-owned bank, and what this move means for South Africa's economic relations. Tech Thursday: Regulating AI: President Biden's Landmark Decision Stephen Grootes speaks to tech expert Siphumelele Zondi about President Joe Biden's groundbreaking national security memorandum on harnessing and safeguarding artificial intelligence in critical areas like nuclear security and asylum processing. How will carbon taxes affect your business? Stephen Grootes speaks to Andre Ngepe, unpacking Discovery Green's research on how South Africa's carbon tax is affecting electricity generation costs and the broader energy landscape. Small Business Focus: Growing Your Business: The Importance of Right Payment Tools Stephen Grootes speaks to Capitec's Chris Zietsmann explaining how their card machines boost SME growth. Investment School - The Psychology of Investing Stephen Grootes talks to Asanda Notshe and Owen Nkomo, two industry experts, about the psychology of investing: uncovering the emotional and mental factors influencing financial choices.See omnystudio.com/listener for privacy information.
JAPANESE BANKING & LEASING Moderator: Mr. Martin Hjemdal, Partner, Investment Banking – Fearnley Securities Panelists: • Mr. Masahiko Azegami, Senior Vice President, Corporate Finance Department Division 4, Joint Head of Ship Finance Team – Development Bank of Japan • Mr. Yohei Endo, Head of Shipping – Fukuoka Bank • Mr. Kanji Morimoto, Manager of Ship Finance – NTT TC Leasing Co., Ltd. • Mr. Satoru Ogawa, General Manager of Ship Finance Division – Tokyo Century Corporation (TCC) 3rd Annual Capital Link Japan Maritime Forum Held in Partnership with Fearnley Securities & Columbia Shipmanagement Thursday, October 24, 2024 Tokyo American Club, Tokyo https://forums.capitallink.com/shipping/2024japan/
Stephen Grootes speaks to Dr. Kingsley Makhubela, risk analyst and former diplomat, about the Development Bank of Southern Africa's (DBSA) decision to reject a loan deal with a sanctioned Russian state-owned bank, and what this move means for South Africa's economic relations.See omnystudio.com/listener for privacy information.
JAPANESE BANKING & LEASING Moderator: Mr. Martin Hjemdal, Partner, Investment Banking – Fearnley Securities Panelists: • Mr. Masahiko Azegami, Senior Vice President, Corporate Finance Department Division 4, Joint Head of Ship Finance Team – Development Bank of Japan • Mr. Yohei Endo, Head of Shipping – Fukuoka Bank • Mr. Kanji Morimoto, Manager of Ship Finance – NTT TC Leasing Co., Ltd. • Mr. Satoru Ogawa, General Manager of Ship Finance Division – Tokyo Century Corporation (TCC) 3rd Annual Capital Link Japan Maritime Forum Held in Partnership with Fearnley Securities & Columbia Shipmanagement Thursday, October 24, 2024 Tokyo American Club, Tokyo https://forums.capitallink.com/shipping/2024japan/
Interview with Anthony Viljoen, CEO of Andrada MiningOur previous interview: https://www.cruxinvestor.com/posts/andrada-mining-atm-bulk-lithium-production-strategic-partner-search-3172Recording date: 27 September 2024Andrada Mining, formerly Afritin Mining, is positioning itself as a key player in the critical minerals sector, with operations centered in Namibia. The company's focus on tin, tantalum, and lithium production, along with recent copper exploration success, offers investors exposure to a diverse portfolio of in-demand metals.Core Operations and Financial PerformanceAndrada's primary asset is the Uis mine in Namibia, a polymetallic operation currently producing tin and tantalum. The company reports positive cash flow, with CEO Anthony Viljoen stating, "All-in sustaining costs targets sitting around $27,000/ton of tin, and we're selling for about $33,000." This margin is expected to improve significantly with the integration of lithium production.Expansion PlansAndrada has outlined ambitious growth targets:Increase tin production by 60% in the next 6-12 monthsAchieve 40,000 tons of annual lithium concentrate productionLong-term vision of 5-10 times increase in production across all metalsStrategic PartnershipsThe company's resource base is substantial, with Viljoen noting the ore body at Uis is "incredibly vast," potentially supporting a century-long mine life. Strategic PartnershipsAndrada has secured partnerships with Development Bank of Namibia, Orion Resource Partners and SQM (Sociedad Química y Minera de Chile). The SQM partnership is particularly significant, validating Andrada's lithium assets and providing industry expertise.Competitive AdvantageAndrada's polymetallic approach provides a natural hedge against single commodity price volatility. The potential to become one of the lowest-cost hard rock lithium producers globally could give Andrada a significant edge in the growing lithium market.Market OutlookKey risks include commodity price volatility, execution risks associated with planned expansions, potential infrastructure constraints, and geopolitical risks, though Namibia is considered an investor-friendly jurisdiction. The critical minerals sector is experiencing strong demand growth, driven by the green energy transition and technological advancements. Lithium demand could increase by up to 40 times by 2040, according to the International Energy Agency, in a scenario aligned with Paris Agreement goals.Andrada Mining offers investors exposure to a diverse portfolio of critical minerals, potential for low-cost production, particularly in lithium, significant growth prospects backed by ambitious expansion plans, strategic partnerships validating assets and approach, and a positive cash flow, reducing financial risk compared to many junior miners.Investors should monitor Andrada's execution of its growth strategy, particularly the integration of lithium production, and keep an eye on global critical mineral prices. The company's success in achieving its expansion targets and maintaining low production costs will be crucial in realizing its potential in the evolving critical minerals market.View Andrada Mining's company profile: https://www.cruxinvestor.com/companies/andrada-miningSign up for Crux Investor: https://cruxinvestor.com
In today's episode, we're joined by Hans Peter Lankes, Managing Director of the think tank ODI, as well as Kathrin Muehlbronner from Moody's Ratings to discuss the effectiveness of recent reform proposals in increasing the lending capacity of multilateral development banks (MDBs) and what they think is needed for MDBs to better address global challenges like climate change, poverty, and inequality.Speakers: Hans Peter Lankes, Managing Director of ODI; Kathrin Muehlbronner, Senior Vice President at Moody's RatingsHost: Sarah Carlson, Senior Vice President at Moody's Ratings
In this episode of our sector-focused podcast series, Zen Dlamini, Executive Head of Infrastructure, Sovereign and Public Sector at Standard Bank CIB, and Zodwa Mbele, Chief Financial Officer at the Development Bank of Southern Africa, reflect on the state of water infrastructure in South Africa, and discuss opportunities for investment.
ラピダスのロゴ次世代半導体の国産化を目指すラピダスに対し、三菱UFJ銀行などメガバンク3行と日本政策投資銀行が合計で最大250億円の出資を検討していることが26日、分かった。 The Development Bank of Japan and the country's three megabank lenders are considering investing up to 25 billion yen in total in Tokyo-based chipmaker Rapidus Corp., sources said Thursday.
Plans to transform Saint Lucia's educational infrastructure have received further consideration by the Caribbean Development Bank ( CDB). A recent mission forms a key component in determining the path forward with the refurbishment and construction of school plants across the island, through the Programme for Education Realignment and Transformation (PERT).
It is with pleasure that I was able to invite my colleague Gregory T Chin into the Virtual Studio to discuss all matters related to the BRICS+. Greg has been an observer of the BRICS for some time, and its main institutional creation the New Development Bank (NDB). I was keen to explore the BRICS - Brazil, Russia, India, China and South Africa now that it has extended membership to Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE). Where is the BRICS+ headed in this evolving geopolitical environment? And I wanted to explore with Greg the major BRICS institution, the NDB, and what the BRICS+ hopes to accomplish with this Multilateral Development Bank (MDB). Gregory T Chin is an Associate Professor of Political Economy in the Department of Politics, and Faculty of Graduate Studies at York University (Canada), with a focus on China, Asia, the BRICS, global governance, and the political economy of international money and finance. He is a Non-Resident Senior Fellow of the Global China Initiative at Boston University's Global Development Policy Center, and of the Foreign Policy Institute at The Johns Hopkins University School of Advanced International Studies (SAIS). Prior to joining York University in 2007, he was First Secretary (Development) at the Canadian Embassy in Beijing 2003-2006. He handled strategic policy engagement with decision-makers in China, government agencies, key Chinese think tanks, and liaised with diplomatic representatives of other countries, the major multilateral development banks and international organizations, and private international foundations and donors. His recent publications include: an "Introduction - The Evolution of New Development Bank", "Bangladesh and New Development Bank", and "US Financial Statecraft and China" (published in Italian by Istituto Treccani). Also he recently published on the New Development Bank with – “Introduction – The evolution of New Development Bank (NDB): A decade plus in the making”.
Andrada Mining Ltd CFO Hiten Ooka joined Proactive's Stephen Gunnion with more on the company's strong financial results and strategic initiatives in the past year. Ooka highlighted that Andrada Mining's revenue increased by over 80% due to ramped-up tin production at its flagship project. He also emphasised the company's progress in reducing costs and achieving key milestones in its tantalum and lithium strategies. One of the major highlights was the commissioning of the lithium pilot plant and tantalum circuit, both of which have started production. The CFO also discussed securing various financing streams, including convertible loan notes and a package from Orion Finance, as well as the Development Bank of Namibia's contribution to continuous improvement projects. Looking ahead, Ooka remains optimistic about the company's financial year 2025, noting the positive operational outlook and ongoing efforts to secure a strategic partner for the lithium operation. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #AndradaMining #CFOInterview #TinProduction #LithiumExpansion #TantalumCircuit #MiningFinance #StrategicGrowth #MiningIndustry #ProactiveInvestors #MiningNews #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
14th Aug: Crypto & Coffee at 8
Zodwa Mbele – CFO, Development Bank of Southern Africa SAfm Market Update - Podcasts and live stream
Nosipho Radebe speaks to Zodwa Mbele, Chief Financial Officer at the Development Bank of Southern Africa (DBSA) See omnystudio.com/listener for privacy information.
CesiumAstro has cornered the market on an uncommon, but soon-to-be crucial part of the telecommunications market: phased array communications. The startup recently closed a Series B+ funding round with investors spanning across the Development Bank of Japan, L3Harris Technologies and Airbus Ventures. Founder & CEO Shey Sabripour joins Morgan Brennan to discus.
CesiumAstro has cornered the market on an uncommon, but soon-to-be crucial part of the telecommunications market: phased array communications. The startup recently closed a Series B+ funding round with investors spanning across the Development Bank of Japan, L3Harris Technologies and Airbus Ventures. Founder & CEO Shey Sabripour joins Morgan Brennan to discus.
日本政策投資銀行本店、東京都千代田区日本政策投資銀行が6日発表した2024年度設備投資計画調査によると、大企業の国内投資額は前年度実績比21.6%増と3年連続で前年度を上回った。 Planned domestic capital spending by major Japanese companies in fiscal 2024 is up 21.6percentagefrom the previous year, rising for the third consecutive year, a survey by the Development Bank of Japan showed Tuesday.
Planned domestic capital spending by major Japanese companies in fiscal 2024 is up 21.6pctfrom the previous year, rising for the third consecutive year, a survey by the Development Bank of Japan showed Tuesday.
JOIN THE MONEY MISSION: https://moneymission.mn.co Learn how to invest: https://moneymissionja.com/landing/plans/301003 Another government IPO is coming… soon But first, the Jamaica Mortgage Bank is looking for a strategic investor to purchase a 40 percent stake in the agency. How will this divestment take shape and what are the stakes? David Wan, Acting Managing Director of the Development Bank of Jamaica joins us live to discuss. And THE ANALYSTS weigh in on the latest market developments… What promising opportunities exist in the energy sector? Plus, NCB has announced the first APO of the year. We'll discuss their prospectus. ****************** OUR SEGMENTS: 0:00- Intro 1:56- What's Hot in Business 6:28- Discussion 35:07- Market Recap 39:19- The Analysts- NCB APO ******************* SUBSCRIBE TO OUR NEWSLETTER: https://kalilahreynolds.com/newsletter JOIN THE MONEY MISSION: https://moneymission.mn.co --- Support this podcast: https://podcasters.spotify.com/pod/show/kalilahrey/support
Kabelo Khumalo, companies & markets editor at Business Day defends the publication's story on Thabi Leoka's PhD qualification. Also, Andrew Woodburn, managing director at Amrop WoodburnMann on the process of vetting qualifications. Busisiwe Mavuso, CEO at Business Leadership South Africa and Ebrahim Rasool, chairman of the board of directors at Development Bank of Southern on why it is critical for SA to be at the World Economic Forum. In our investment school, Garth Mackenzie, founder & editor at Traders' Corner was our headteacher. He looked at position sizing and risk management. See omnystudio.com/listener for privacy information.
"(Ba Yint Naung Phoung Pyet) Betting on the horse that will be able to win" (Spring Development Bank shares pre-sale - ICO Seed Round) Min Ko Naing, Yan Naing, Nway Oo Naing.This item belongs to: audio/opensource_audio.This item has files of the following types: Archive BitTorrent, Item Tile, Metadata, PNG, Spectrogram, VBR MP3
16th Nov: Crypto & Coffee at 8
JAPANESE BANKING & LEASING Moderator: Mr. Vetle Sjuve, Partner, Investment Banking – Fearnley Securities Panelists: • Mr. Yuichiro Yamaguchi, Global Head of Shipping – Development Bank of Japan (DBJ) • Mr. Masato Yamabe, Deputy General Manager - Financial Partners Group Co. Ltd. • Mr. Yohei Endo, Head of Shipping - Fukuoka Bank • Mr. Masaya Noda, Managing Executive Officer, Global Head of Ship FinanceSUMITOMO MITSUI TRUST BANK, LIMITED • Mr. Satoru Ogawa, General Manager of Ship Finance Division - Tokyo Century Corporation (TCC) 2nd Annual Capital Link Japan Maritime Forum , held on Thursday October 26th atThe Tokyo American Club. The event was in partnership with Fearnley Securities and Columbia Shipmanagement.For more information, please visit here: Capital Link Forum
Dr. Stacy Richards-Kennedy is the Regional Manager for the Caribbean at the Development Bank of Latin America and the Caribbean (CAF). Dr. Richards-Kennedy has over 25 years of experience in multilateral negotiations, development management, and international finance. Her diverse experience includes forging strategic partnerships, leading multi-disciplinary teams, and marshaling resources for the successful execution of projects in Europe, Africa, Asia, the Pacific, Latin America, and the Caribbean. Dr. Richards-Kennedy formerly served as Pro Vice-Chancellor for Global Affairs at The University of the West Indies, which is ranked among the top 1.5% of universities globally. She also has extensive experience working in multilateral development agencies. She was Assistant Resident Representative of the United Nations Development Programme (UNDP) for Trinidad and Tobago, Aruba, Curaçao and St Maarten; Chief Technical Advisor, Inter-American Development Bank (IDB); Consultant, The World Bank, Washington DC and Programme Specialist, UNESCO Headquarters, Paris. Dr. Richards-Kennedy has served on several national as well as international boards and committees and has received various awards and recognitions, including the IDB Martin Luther King Award for outstanding contribution to the promotion of social inclusion, American University's Ernest M. Aiken Award to Outstanding International Scholars, selection as one of the 50 Most Distinguished Alumni of The UWI Institute of International Relations, and many others.
Clement speaks to Leslie Maasdorp, the CFO at the New Development Bank, also known as the BRICS Bank about the work of the bank within the BRICS Bloc and how it benefits nations.See omnystudio.com/listener for privacy information.
Since its establishment in 2015, the New Development Bank, the NDB, also known as the BRICS Bank, has endeavored to cater to the socio-economic development and environmental protection needs of its member States. As part of its new general strategy, the NDB will work towards aligning its new operations with the Paris Agreement. It says it aims to direct 40 percent of its total financing over the 2022 -2026 period to projects contributing to climate change mitigation and adaptation.
"While estiblishing of Spring Development Bank, Military Council announced the new note of 20 thousand Kyat. 14 people from Soong Chaung village Yinnmarbin Township were murdered during raid", Myanmar Spring Chronicle 22nd JUL 2023 (Moemaka Article)-Nway Oo Lay Pyae.This item belongs to: audio/opensource_audio.This item has files of the following types: Archive BitTorrent, Item Tile, Metadata, PNG, Spectrogram, VBR MP3
The EBRD's chief compliance officer, John Mair, gives us a rare glimpse into how compliance works within a development bank which invests in economies across three continents. He describes his team as the bank's “spiritual leaders that oversee integrity, reputation risk, and conscience”, and says in order to ensure it makes the best possible recommendations to management, it is important to assume that your decision could be wrong. Confused? Listen to find out more. Hosted on Acast. See acast.com/privacy for more information.
Leslie Maasdorp – VP and CFO, New Development Bank SAfm Market Update - Podcasts and live stream
Business leaders spend months ideating and developing the perfect strategy—but when it comes time to operationalize, companies often back down, tucking the corporate strategy away until the following year. We're joined by Candice Williams, Strategy Manager at the Development Bank of Jamaica who dives into her hands-on experience in designing and successfully implementing organizational strategies.Join us as we discuss:The importance and role of strategy, common pitfalls, and how to avoid themThe vital role of cascading sessions in the cultural integration of strategyWays to monitor results and drive accountability
"The MP of Dipayen Township was arrested by the PDFs. Spring Development Bank will be introduced soon." - Myanmar Spring Chronicle 22nd Jun 2023 (Moemaka Article)-Nway Oo Mai.This item belongs to: audio/opensource_audio.This item has files of the following types: Archive BitTorrent, Metadata, VBR MP3
The New Development Bank, or NDB, was established by five BRICS countries in 2015 to fund global development cooperation. During the 8 years since its founding, the bank has approved a total of 98 projects on infrastructure and sustainable development all over the world. In April this year, the bank drew wide attention when former Brazilian President Dilma Rousseff took over the rein as president. Why does the world need the New Development Bank? What impact has the bank had on global development cooperation? And why does Dilma Rousseff believe in the future of the bank despite skepticisms in the West about BRICS and related institutions?
In this episode, I talk with my friend and former colleague, Ryan Hart about how to build anticipation for a great experience. Ryan highlights a great example of designing for anticipation from Development Bank of Singapore. After my conversation with Ryan, I share how building anticipation and setting expectations for the experience pairs well with creating surprise and delight moments during the experience and the best ways to plan for those surprise moments. Hint: It involves your employees.Links:Ryan HartRyan's blog post on The Dawn of Anticipatory CXHow Emotions Are Made, by Lisa Feldman BarrettThe Power Of Moments, by Chip & Dan HeathFull transcripts for all episodes are available at the accompanying CX Patterns Newsletter.Thanks to my talented colleague Emily Tolmer for the cover art. Thanks to my friends at Moon Island for the music. Hosted on Acast. See acast.com/privacy for more information.
On this episode, we speak to David Lee, a global change and business transformation executive and advisor with over 25 years of experience in leading change in organisations ranging from start-ups to Fortune 500 to the public sector. He is currently a managing consultant and lead trainer at Prosci Singapore, a leading provider of expertise and capacity building in change management. David has engaged in organisational change as an executive sponsor, adviser, and instructor for a wide range of organisations including American Express, the Development Bank of Singapore, Chanel, Techcombank and Aboitiz Equity Ventures among others.David started his career in the travel industry - an industry that has gone through multiple value chain and technological disruptions, and has led several transformative responses. We discuss culture, leadership and change management.For more information about The Salience Podcast and Frontline Mind please visit our website at https://www.frontlinemind.com/the-salience-podcast/ You can also sign up for our newsletter here https://frontlinemind.us17.list-manage.com/subscribe?u=ff181d12c77d7cea5f19a2c48&id=fd7357f614
Some of the biggest hurdles exporters face include limited access to finance ( high costs of borrowing, limited post-shipment financing,) low production volumes, high international market entry related costs, generic loans backed by strong collateral.Estelle Uwizeye,Manager Exports and Manufacturing PortFolio at the Development Bank of Rwanda, joins us expound on the The Export Growth Fund (EGF) by the Development Bank of Rwanda and how its solving the export financing challenges in Rwanda
Like many winning businesses, DBS (formerly known as The Development Bank of Singapore) is obsessed with the customer experience. CEO Piyush Gupta says DBS' mission to be the best bank in the world pays huge dividends for employees, investors, and communities. He tells Professor Gulati that effective leadership in the digital age requires collaboration and trust. Gupta says performance and purpose go hand in hand, helping build companies that will last.
In this podcast, Bridgett Majola, partner at award winning law firm CMS, engages in an enlightening discussion on the new wave of electricity supply, with Africa Legal's Tom Pearson. South Africans frustrated by load shedding will be happy to hear that the legal experts at CMS are doing all they can to ensure the energy crisis in the country becomes a thing of the past. The foremost law firm helped bring to financial close two private solar energy deals that will pave the way for a more reliable supply of electricity. The deal comes on the back of the new energy regulatory environment that lifted the licence limit for electricity distribution generation. Bridgett Majola, together with her dynamic team in the Banking and Finance Department at CMS, advised the Development Bank of South Africa, as an equity player, to secure two independent power-producing projects, the first of their kind in South Africa. Majola told Tom that this was a significant move in that it allowed for private individuals to build their own power supply. Mining companies of different commodities have shown interest as well, she said. “There are lots of people trying to take advantage of the fact that there's an opportunity for them to take control of their own power supply.” Development Finance Institutions (DFIs) are among those who are seizing the opportunities. Majola said financing for the power plants was quite competitive and DFIs were participating more formally rather than just providing significant funding. “They have set structures and different funds within their own divisions to be responsible for the implementation of either focusing on the infrastructure or scaling it up.” She added that DFIs were also looking into other jurisdictions such as Zambia, Ghana, Nigeria and Mozambique. “I think they're always looking at opportunities to support different countries in different ways, whether it's from an infrastructure perspective or from a power generation, transmission or distribution perspective.” Shifting the conversation towards the project financing landscape, Majola said there was a lot of involvement at fund level, with commercial banks also added to the mix when it came to infrastructure development.
In this episode of the Sunday Times Politics Weekly, we discuss the politics which has historically shaped, and which continues to shape SA's energy crisis. Our host, Mike Siluma is joined by Prof Mark Swilling chair of the Development Bank of Southern Africa and professor at Stellenbosch University and Prof Mazwe Majola, CEO of the Worldwide Institute of Leadership. The panel discusses the factors that have caused Eskom to become the monumental failure it is, while comparing its past performance. They explore the factors that got us here, why the situation continues to decline, where are the shortfalls are, what can be done to rectify the who the responsible parties are and who is needed to pull us out of the current crisis.
In this episode of the Sunday Times Politics Weekly, we discuss the politics which has historically shaped, and which continues to shape SA's energy crisis. Our host, Mike Siluma is joined by Prof Mark Swilling chair of the Development Bank of Southern Africa and professor at Stellenbosch University and Prof Mazwe Majola, CEO of the Worldwide Institute of Leadership. The panel discusses the factors that have caused Eskom to become the monumental failure it is, while comparing its past performance. They explore the factors that got us here, why the situation continues to decline, where are the shortfalls are, what can be done to rectify the who the responsible parties are and who is needed to pull us out of the current crisis.
The 14th summit of BRICS was held in Beijing on June 23 via video link. China is this year's chair of the BRICS. We spoke with Leslie Maasdorp, Vice president and Chief Financial Officer of the BRICS New Development Bank together with Dr. Zhou Mi, Senior Research Fellow and Deputy Director, Institute of American and Oceania Study on the developments made so far and the role of the NDB bank in connecting member countries.
Whatever your politics, there's no doubt that Eskom's unreliable power supply, the worsening condition of its kit and the prospect of a complete Eskom system failure are the single biggest barriers to investment and growth in South Africa. Something radical has to be done and it has to be done now. And the amazing thing is it can easily be done. We just need leadership. Prof Mark Swilling, among many things the current chair of the Development Bank of Southern Africa, has a simple plan he puts to Peter Bruce in this episode of Podcasts from the Edge: Put all arguments about coal and other fossil fuels aside for 24 months, clear all regulatory and ideological barriers aside, and for two years build and install 10 000MW of renewable power... wind and solar. And 5 000MW of battery storage. Once that's done there will simply be no more load shedding and Eskom and start maintaining its plant the way it should be maintained. “I think we have a six week window to make a strategic decision that would preempt a disaster being triggered by some kind of national semi-collapse or total collapse,” he warns. And only President Cyril Ramaphosa can make it happen.
Whatever your politics, there's no doubt that Eskom's unreliable power supply, the worsening condition of its kit and the prospect of a complete Eskom system failure are the single biggest barriers to investment and growth in South Africa. Something radical has to be done and it has to be done now. And the amazing thing is it can easily be done. We just need leadership. Prof Mark Swilling, among many things the current chair of the Development Bank of Southern Africa, has a simple plan he puts to Peter Bruce in this episode of Podcasts from the Edge: Put all arguments about coal and other fossil fuels aside for 24 months, clear all regulatory and ideological barriers aside, and for two years build and install 10 000MW of renewable power... wind and solar. And 5 000MW of battery storage. Once that's done there will simply be no more load shedding and Eskom and start maintaining its plant the way it should be maintained. “I think we have a six week window to make a strategic decision that would preempt a disaster being triggered by some kind of national semi-collapse or total collapse,” he warns. And only President Cyril Ramaphosa can make it happen.
“Apartheid used racial discrimination as an instrument to maintain the cheap labor system. So the core of apartheid was a cheap labor system, based on black exploitation.” Jay Naidoo is a South African anti-apartheid activist, trade unionist, and author. Jay served as the first general secretary of the Congress of South African Trade Unions from 1985 to 1993. Following South Africa's transition to democracy in the early 1990s, Jay served as a cabinet minister under the late President Nelson Mandela, from 1994 to 1999. Following his tenure in public office, Jay also served as chairperson of the Development Bank of Southern Africa. Jay is a respected elder who continues to mentor young leaders in South Africa and the rest of the African continent. Since leaving government, Jay has worked in various capacities for the United Nations and other international organizations. He currently is a member of the board of the Mo Ibrahim Foundation, which works to improve good governance and leadership in Africa. He also serves as a trustee of the Earthrise Trust, dedicated to rural development Naidoo's autobiography, Fighting for Justice: A Lifetime of Political and Social Activism, was published in 2010. You can learn more about Jay's thinking by reading his book, Change: Organising Tomorrow, Today About the Labor Solidarity Podcast The Labor Solidarity Podcast highlights the work of labor leaders while discussing historic struggles and the importance of organizing with the goal of building international labor solidarity. The Labor Podcast is hosted by Elise Bryant and Evan Papp. Learn more at: https://www.empathymedialab.com/laborsolidarity The Labor Solidarity Podcast is an Empathy Media Lab production and we are a proud member of The Labor Radio Podcast Network. Learn more: https://wlo.link/@empathymedialab #LaborRadioPod #1U #UnionStrong
1. How Angel's desire to help others led him to work in development 2. The history, role, and importance of development banks in project financing 3. How project financiers and policymakers work together to achieve common goals 4. Angel's vision for the clean energy transition and the role it will play in economics and politics