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  •  The Executive Secretary Lake Chad Basin Commission Amb Mamman Nuhu on Monday commended the Federal Government of Nigeria for providing100 million dollars take off grant to sustain the basin Nuhu gave the commendation at the opening of a Regional Validation Workshop of the Strategic Action Programme SAP for the Lake Chad Basin in Abuja He said that poverty continued population growth and climate change were factors affecting livelihoods in the lake area with shrinkage leading to unending struggle for scarce resources The commission s executive secretary said that SAP would address the essential problems affecting the region as member countries had agreed on its content for further implementation On the issue of insecurity Nuhu said that the challenges were almost over and gave credit to the partnership between the Multi National Joint Task Force MNJTF National operations and member countries The MNJTF and the national operations you know in addition to the MNJTF it has a restricted area of operations Beyond that area the troops contributing countries also participate so it s a joint effort between the MNJTF and what we call the national operations Yes credit goes to them and also goes to our partners who have contributed in giving us the wherewithal to continue the battle And of course I would not finish without commending Nigeria that provided the take off grant for the MNJTF Apart from the 100 million dollars initially provided for every operation there is a certain amount of money that is released for distribution for participating countries as well which made it possible for us to sustain the battle against Boko Haram He said the commission had taken over former insurgents territories in partnership with Borno government and the UN Development Programme The executive secretary said that continued rainfall had seen water increase in the Lake Chad region saying livelihood was being promoted and many inhabitants returning to farming and fishing Ms Binta Sanneh Deputy Resident Representative UNDP Chad said that the actions of climate change and human interactions affected the shrinkage of the Lake Chad She said the validation was an opportunity to ensure that long term solutions were put in place to ensure effective management of resources and solve problems of the Lake Chad Basin We are hoping that out of this recommended actions we ll come out to make sure that we correct all wrongs and reposition the Lake Chad Basin in terms of management of natural resources Sanneh said NewsSourceCredit NAN
    Commission lauds Nigeria’s commitment to survival of Lake Chad
     The Executive Secretary Lake Chad Basin Commission Amb Mamman Nuhu on Monday commended the Federal Government of Nigeria for providing100 million dollars take off grant to sustain the basin Nuhu gave the commendation at the opening of a Regional Validation Workshop of the Strategic Action Programme SAP for the Lake Chad Basin in Abuja He said that poverty continued population growth and climate change were factors affecting livelihoods in the lake area with shrinkage leading to unending struggle for scarce resources The commission s executive secretary said that SAP would address the essential problems affecting the region as member countries had agreed on its content for further implementation On the issue of insecurity Nuhu said that the challenges were almost over and gave credit to the partnership between the Multi National Joint Task Force MNJTF National operations and member countries The MNJTF and the national operations you know in addition to the MNJTF it has a restricted area of operations Beyond that area the troops contributing countries also participate so it s a joint effort between the MNJTF and what we call the national operations Yes credit goes to them and also goes to our partners who have contributed in giving us the wherewithal to continue the battle And of course I would not finish without commending Nigeria that provided the take off grant for the MNJTF Apart from the 100 million dollars initially provided for every operation there is a certain amount of money that is released for distribution for participating countries as well which made it possible for us to sustain the battle against Boko Haram He said the commission had taken over former insurgents territories in partnership with Borno government and the UN Development Programme The executive secretary said that continued rainfall had seen water increase in the Lake Chad region saying livelihood was being promoted and many inhabitants returning to farming and fishing Ms Binta Sanneh Deputy Resident Representative UNDP Chad said that the actions of climate change and human interactions affected the shrinkage of the Lake Chad She said the validation was an opportunity to ensure that long term solutions were put in place to ensure effective management of resources and solve problems of the Lake Chad Basin We are hoping that out of this recommended actions we ll come out to make sure that we correct all wrongs and reposition the Lake Chad Basin in terms of management of natural resources Sanneh said NewsSourceCredit NAN
    Commission lauds Nigeria’s commitment to survival of Lake Chad
    Environment1 month ago

    Commission lauds Nigeria’s commitment to survival of Lake Chad

    The Executive Secretary, Lake Chad Basin Commission, Amb. Mamman Nuhu, on Monday, commended the Federal Government of Nigeria for providing100 million dollars take-off grant to sustain the basin.

    Nuhu gave the commendation at the opening of a Regional Validation Workshop of the Strategic Action Programme (SAP) for the Lake Chad Basin in Abuja.

    He said that poverty, continued population growth and climate change were factors affecting livelihoods in the lake area, with shrinkage leading to unending struggle for scarce resources.

    The commission’s executive secretary said that SAP would address the essential problems affecting the region, as member countries had agreed on its content for further implementation.

    On the issue of insecurity, Nuhu said that the challenges were almost over, and gave credit to the partnership between the Multi National Joint Task Force (MNJTF), National operations and member countries.

    “The MNJTF and the national operations; you know in addition to the MNJTF, it has a restricted area of operations.

    “Beyond that area, the troops contributing countries also participate, so it’s a joint effort between the MNJTF and what we call the national operations.

    “Yes, credit goes to them and also goes to our partners who have contributed in giving us the wherewithal to continue the battle.

    “And of course, I would not finish without commending Nigeria that provided the take-off grant for the MNJTF.

    “Apart from the 100 million dollars initially provided for every operation, there is a certain amount of money that is released for distribution for participating countries as well, which made it possible for us to sustain the battle against Boko Haram’’.

    He said the commission had taken over former insurgents’ territories in partnership with Borno government and the UN Development Programme.

    The executive secretary said that continued rainfall had seen water increase in the Lake Chad region, saying livelihood was being promoted, and many inhabitants returning to farming and fishing.

    Ms. Binta Sanneh, Deputy Resident Representative, UNDP-Chad, said that the actions of climate change and human interactions affected the shrinkage of the Lake Chad. She said the validation was an opportunity to ensure that long-term solutions were put in place to ensure effective management of resources and solve problems of the Lake Chad Basin.

    “We are hoping that out of this, recommended actions we’ll come out to make sure that we correct all wrongs and reposition the Lake Chad Basin in terms of management of natural resources Sanneh said.

    ’’
    NewsSourceCredit: NAN

  •  The Conference of Speakers of State Legislatures of Nigeria CoSAP have called for immediate probe into the fire that gutted the Kogi Assembly Complex in Lokoja This is contained in a statement issued by the media aide to Mr Abubakar Sulaiman Chairman of the CoSAP Mr Abdul Bura in Bauchi The News Agency of Nigeria reports that on Oct 10 the assembly was razed by an early morning fire which began in the middle of the night but security agents were able to notice it at about 7a m The conference expressed shock over the ugly fire incident Sulaiman who is the Speaker Bauchi state House of Assembly sympathised with the Speaker of the Kogi Assembly Mr Matthew Kolawole over the fire incident The chairman called on relevant authorities to investigate the incident to unravel what triggered the fire with a view to forestalling its recurrence All culprits must be prosecuted after the investigation We pray against recurrence of such unfortunate incident he said The chairman advised members of the Kogi assembly to remain calm and resolute over the incident and allow investigation to take place NAN reports that the most affected place was the Hallowed Chamber of the lawmakers which was completely razed down including chairs tables and roof of the building Speaker Kolawole and the state security adviser Jerry Omodara were among early callers at the assembly complex Kolawole who spoke to newsmen said he suspected sabotage but did not mention where the suspected sabotage was coming from We should leave security people to do their work and give us a report going forward the speaker said Also the state Commissioner for Information Kingsley Fanwo in a statement noted that security and technical experts have began work to unravel the cause of the inferno which had caused significant damage to the complex As new findings emerge the state government will notify the general public he said He added that the state government will also make provisions for temporary arrangements to ensure that the legislative business is not completely halted as a result of the unfortunate incident NewsSourceCredit NAN
    Conference of Speakers seek immediate investigation into Kogi assembly fire 
     The Conference of Speakers of State Legislatures of Nigeria CoSAP have called for immediate probe into the fire that gutted the Kogi Assembly Complex in Lokoja This is contained in a statement issued by the media aide to Mr Abubakar Sulaiman Chairman of the CoSAP Mr Abdul Bura in Bauchi The News Agency of Nigeria reports that on Oct 10 the assembly was razed by an early morning fire which began in the middle of the night but security agents were able to notice it at about 7a m The conference expressed shock over the ugly fire incident Sulaiman who is the Speaker Bauchi state House of Assembly sympathised with the Speaker of the Kogi Assembly Mr Matthew Kolawole over the fire incident The chairman called on relevant authorities to investigate the incident to unravel what triggered the fire with a view to forestalling its recurrence All culprits must be prosecuted after the investigation We pray against recurrence of such unfortunate incident he said The chairman advised members of the Kogi assembly to remain calm and resolute over the incident and allow investigation to take place NAN reports that the most affected place was the Hallowed Chamber of the lawmakers which was completely razed down including chairs tables and roof of the building Speaker Kolawole and the state security adviser Jerry Omodara were among early callers at the assembly complex Kolawole who spoke to newsmen said he suspected sabotage but did not mention where the suspected sabotage was coming from We should leave security people to do their work and give us a report going forward the speaker said Also the state Commissioner for Information Kingsley Fanwo in a statement noted that security and technical experts have began work to unravel the cause of the inferno which had caused significant damage to the complex As new findings emerge the state government will notify the general public he said He added that the state government will also make provisions for temporary arrangements to ensure that the legislative business is not completely halted as a result of the unfortunate incident NewsSourceCredit NAN
    Conference of Speakers seek immediate investigation into Kogi assembly fire 
    General news2 months ago

    Conference of Speakers seek immediate investigation into Kogi assembly fire 

    The Conference of Speakers of State Legislatures of Nigeria (CoSAP) have called for immediate probe into the fire that gutted the Kogi Assembly Complex in Lokoja.

    This is contained in a statement issued by the media aide to Mr Abubakar Sulaiman, Chairman of the CoSAP, Mr Abdul Bura in Bauchi.

    The News Agency of Nigeria reports that on Oct. 10, the assembly was razed by an early morning fire which began in the middle of the night, but security agents were able to notice it at about 7a.

    m. The conference  expressed shock over the ugly fire incident .

    Sulaiman who is the Speaker Bauchi state House of Assembly sympathised with the  Speaker of the Kogi Assembly Mr  Matthew Kolawole over the fire incident.

    The chairman called on relevant authorities to  investigate the incident to unravel what triggered  the fire  with a view to forestalling its recurrence. 

    “All culprits must be prosecuted after the investigation.

    We pray against recurrence of such unfortunate incident,” he said.

    The chairman advised members of the Kogi assembly to remain calm and resolute over the incident and allow investigation to take place.

    NAN reports that the most affected place was the Hallowed Chamber of the lawmakers, which was completely razed down, including chairs, tables and roof of the building.

    Speaker Kolawole and the state security adviser, Jerry Omodara were among early callers at the assembly complex.

    Kolawole, who spoke to newsmen, said he suspected sabotage, but did not mention where the suspected sabotage was coming from.

    “We should leave security people to do their work and give us a report going forward,” the speaker said.

    Also, the state Commissioner for Information, Kingsley Fanwo, in a statement noted that security and technical experts have began work to unravel the cause of the inferno, which had caused significant damage to the complex.

    “As new findings emerge, the state government will notify the general public,” he said.

    He added that the state government will also make provisions for temporary arrangements to ensure that the legislative business is not completely halted as a result of the unfortunate incident. 


    NewsSourceCredit: NAN

  •  Mr Osita Okechukwu the Director General of Voice of Nigeria VON says former Vice President Atiku Abubakar is planning another calamity for Nigeria with his Economic Plan a replica of the Structural Adjustment Programme SAP Okechukwu a foundation member of the All Progressives Congress APC said this in a statement on Sunday in Abuja saying that the Peoples Democratic Party PDP Presidential Candidate has nothing for the country I watched with rapt attention but in deep regrets that former Vice President Atiku Abubakar s Economic Plan delivered at the Lagos Chamber of Comerce and Industry LCCI last Monday is more or less like the nebulous economic policy of Structural Adjustment Programme SAP s Pocketbook of 1986 The former Vice President harped profoundly on privatisation of State Owned Enterprises as the fulcrum of his economic revitalization programme akin to SAP proponents of yore Whereas one is not against private sector partnership however what we have in surplus are rent seekers and scanty industrialists Therefore I am not surprised that a man who breached PDP s constitution and by extension failed to unite his party did not bother to do the needful assessment which posits that 80 per cent of State Owned Enterprises privatised under his chairmanship of National Council of Privatisation and indeed the 16 years of PDP leadership went into comatose he said Okechukwu added Recall that when they came to power in 1999 the Peoples Democratic Party PDP with Atiku as Chairman of National Council on Privatisation NCP dusted up the SAP Pocketbook and stripped our national assets including profitable companies like NICON Insurance NICON Hilton Hotel Niger Dock and unprofitable companies like Distribution Electricity Distribution Companies For instance Niger Dock a profitable pre privatisation company has 6 000 staff under Nnamdi Ozobia today it has gone under with less than 600 staff and the N1 72 billion proceeds allegedly missing Secondly NICON one of Africa s leading Insurers originally owned by the Federal Government of Nigeria was privatised in December 2005 With an asset base of N46 9billion gathered over a 52 year period of operation 30 branches and six regional offices it is therefore modest to classify NICON as a colossus in the insurance industry but has regrettably gone under AMCON life support management I challenge His Excellency to take a glance at the unintended consequences of the privatisation program before taken us back to SAP Pocketbook Especially when Federal Government has wasted over N2 trillion life support to Electricity Distribution Companies privatised to improve our power supply Today the outcome is crisis which defeated the core objective of privatisation Okechukwu urged Atiku to focus on solving the internal crisis facing his party before thinking about winning the 2023 presidential election I make bold to say that what Atiku is proposing is by no means different from SAP policy thrust neither is his proposal on NNPC Ltd better than the giant steps that President Muhammadu Buhari has taken towards commercialism of NNPC If you ask me His Excellency Atiku Abubukar should first unite his party and drop Sen Iyorchia Ayu who incidentally has crowned him Nigeria s Odinga Only thereafter could he return to the drawing board and recalibrate his Economic Plan in line with what the new frontiers that Nigerians are yearning for he said NewsSourceCredit NAN
    Atiku’s Economic Plan is SAP Pocketbook: VON DG
     Mr Osita Okechukwu the Director General of Voice of Nigeria VON says former Vice President Atiku Abubakar is planning another calamity for Nigeria with his Economic Plan a replica of the Structural Adjustment Programme SAP Okechukwu a foundation member of the All Progressives Congress APC said this in a statement on Sunday in Abuja saying that the Peoples Democratic Party PDP Presidential Candidate has nothing for the country I watched with rapt attention but in deep regrets that former Vice President Atiku Abubakar s Economic Plan delivered at the Lagos Chamber of Comerce and Industry LCCI last Monday is more or less like the nebulous economic policy of Structural Adjustment Programme SAP s Pocketbook of 1986 The former Vice President harped profoundly on privatisation of State Owned Enterprises as the fulcrum of his economic revitalization programme akin to SAP proponents of yore Whereas one is not against private sector partnership however what we have in surplus are rent seekers and scanty industrialists Therefore I am not surprised that a man who breached PDP s constitution and by extension failed to unite his party did not bother to do the needful assessment which posits that 80 per cent of State Owned Enterprises privatised under his chairmanship of National Council of Privatisation and indeed the 16 years of PDP leadership went into comatose he said Okechukwu added Recall that when they came to power in 1999 the Peoples Democratic Party PDP with Atiku as Chairman of National Council on Privatisation NCP dusted up the SAP Pocketbook and stripped our national assets including profitable companies like NICON Insurance NICON Hilton Hotel Niger Dock and unprofitable companies like Distribution Electricity Distribution Companies For instance Niger Dock a profitable pre privatisation company has 6 000 staff under Nnamdi Ozobia today it has gone under with less than 600 staff and the N1 72 billion proceeds allegedly missing Secondly NICON one of Africa s leading Insurers originally owned by the Federal Government of Nigeria was privatised in December 2005 With an asset base of N46 9billion gathered over a 52 year period of operation 30 branches and six regional offices it is therefore modest to classify NICON as a colossus in the insurance industry but has regrettably gone under AMCON life support management I challenge His Excellency to take a glance at the unintended consequences of the privatisation program before taken us back to SAP Pocketbook Especially when Federal Government has wasted over N2 trillion life support to Electricity Distribution Companies privatised to improve our power supply Today the outcome is crisis which defeated the core objective of privatisation Okechukwu urged Atiku to focus on solving the internal crisis facing his party before thinking about winning the 2023 presidential election I make bold to say that what Atiku is proposing is by no means different from SAP policy thrust neither is his proposal on NNPC Ltd better than the giant steps that President Muhammadu Buhari has taken towards commercialism of NNPC If you ask me His Excellency Atiku Abubukar should first unite his party and drop Sen Iyorchia Ayu who incidentally has crowned him Nigeria s Odinga Only thereafter could he return to the drawing board and recalibrate his Economic Plan in line with what the new frontiers that Nigerians are yearning for he said NewsSourceCredit NAN
    Atiku’s Economic Plan is SAP Pocketbook: VON DG
    General news3 months ago

    Atiku’s Economic Plan is SAP Pocketbook: VON DG

    Mr Osita Okechukwu, the Director-General of Voice of Nigeria (VON), says former Vice-President Atiku Abubakar, is planning another calamity for Nigeria with his Economic Plan, a replica of the Structural Adjustment Programme (SAP).

    Okechukwu, a foundation member of the All Progressives Congress (APC) said this in a statement on Sunday in Abuja, saying that the Peoples Democratic Party (PDP) Presidential Candidate has nothing for the country.

    “I watched with rapt attention, but in deep regrets that former Vice President Atiku Abubakar’s Economic Plan delivered at the Lagos Chamber of Comerce and Industry (LCCI) last Monday is more or less like the nebulous economic policy of Structural Adjustment Programme (SAP)’s Pocketbook of 1986. “The former Vice-President harped profoundly on privatisation of State Owned Enterprises as the fulcrum of his economic revitalization programme, akin to SAP proponents of yore.

    “Whereas, one is not against private sector partnership; however what we have in surplus are rent seekers, and scanty industrialists.

    “Therefore, I am not surprised that a man who breached PDP’s constitution and by extension failed to unite his party did not bother to do the needful assessment which posits that 80 per cent of State Owned Enterprises privatised under his chairmanship of National Council of Privatisation and indeed the 16 years of PDP leadership went into comatose,” he said.

    Okechukwu added: “Recall that when they came to power in 1999, the Peoples Democratic Party (PDP), with Atiku as Chairman of National Council on Privatisation (NCP) dusted up the SAP Pocketbook and stripped our national assets including profitable companies like NICON Insurance, NICON Hilton Hotel, Niger Dock and unprofitable companies like Distribution Electricity Distribution Companies.

    “For instance, Niger Dock a profitable pre-privatisation company has 6,000 staff under Nnamdi Ozobia, today it has gone under with less than 600 staff and the N1.72 billion proceeds allegedly missing.

    “Secondly, NICON one of Africa’s leading Insurers originally owned by the Federal Government of Nigeria was privatised in December, 2005. With an asset base of N46.9billion gathered over a 52-year period of operation, 30 branches and six regional offices, it is therefore modest to classify NICON as a colossus in the insurance industry, but has regrettably gone under AMCON life support management.

    “I challenge His Excellency to take a glance at the unintended consequences of the privatisation program before taken us back to SAP Pocketbook.

    Especially when Federal Government has wasted over N2 trillion life support to Electricity Distribution Companies privatised to improve our power supply.

    Today the outcome is crisis which defeated the core objective of privatisation.

    ” Okechukwu urged Atiku to focus on solving the internal crisis facing his party, before thinking about winning the 2023 presidential election.

    “I make bold to say that what Atiku is proposing is by no means different from SAP policy thrust neither is his proposal on NNPC Ltd better than the giant steps that President Muhammadu Buhari has taken towards commercialism of NNPC.

    “If you ask me,His Excellency Atiku Abubukar should first unite his party, and drop Sen. Iyorchia Ayu who incidentally has crowned him Nigeria’s Odinga.

    “Only thereafter could he return to the drawing board and recalibrate his Economic Plan in line with what the new frontiers that Nigerians are yearning for,” he said.


    NewsSourceCredit: NAN

  •   The second annual edition of Digital Finance Africa https bit ly 3U6hevK will take place on September 22 2022 in Johannesburg The conference will be organized by IT News Africa https www ITNewsAfrica com under the theme Bridging the gap between the future and the present through digital solutions Following a successful event in 2021 DFAfrica22 https bit ly 3U6hevK will bring together more than 200 local and international BFSI industry leaders fintech founders industry regulators and technology service providers to learn about cutting edge innovations and participate in dynamic discussions that address how technology is redefining finance This year s Digital Finance Africa https bit ly 3U6hevK promises to be a hit as it plans to tackle topics such as central bank digital currencies RegTech crypto payments digital transformation and cold war like rivalry among fintechs and banks Now more than ever we must come together and share our stories and find answers to our questions Key forum topics will include Why the future of financial services is digital How blockchain is shaking up the financial world FinTech vs Banks who is winning or is it not a competition How analytics beats intuition in customer service excellence The dangers of digital transformation in Finance Central Bank Digital Currencies Challenges and Opportunities for the Financial Services Industry Is South Africa ready for a digital currency and the legal implications of it Confirmed speakers for Digital Finance Africa 2022 https bit ly 3U6hevK include Tracy Bolton Chief Operating Officer of SAP Tamara Mkula Head of Corporate Information Security at Nedbank Abe Wakama CEO of IT News Africa Shem Kakembo Director General of EFCUG Uganda Peter Neubauer CEO of VIPASO Austria Magda Milas President of Alice in Blockchains Croatia Moloti Nkune Information Director of MICT SETA Michelle Beetar Vice President and General Manager MEA at FICO Sandy Rheeder CIO of Mukuru Desiree Reddy director of Norton Rose Fulbright Charles Mutigwe Associate Professor Business Information Systems at Western New England University USA Ahmed Ali Saleemi COO of AFT Electronic Money Institute Pakistan How to participate Join as an attendee https bit ly 3REujLm Join local and international CxOs line of business LoB executives and heads of innovation technology and strategy to discuss the future of digital finance Join us as an exhibitor https bit ly 3xkd9KW Showcase your technological innovations projects and solutions Put your organization at the center of this unique meeting Find new partners investors leads and opportunities Join as a sponsor https bit ly 3BcUkdt Showcase your brand and present your technology solutions to a select audience Position your organization at the forefront of digital finance For more information about this conference visit https bit ly 3U6hevK
    Africa’s financial industry prepares for Digital Finance Africa 2022
      The second annual edition of Digital Finance Africa https bit ly 3U6hevK will take place on September 22 2022 in Johannesburg The conference will be organized by IT News Africa https www ITNewsAfrica com under the theme Bridging the gap between the future and the present through digital solutions Following a successful event in 2021 DFAfrica22 https bit ly 3U6hevK will bring together more than 200 local and international BFSI industry leaders fintech founders industry regulators and technology service providers to learn about cutting edge innovations and participate in dynamic discussions that address how technology is redefining finance This year s Digital Finance Africa https bit ly 3U6hevK promises to be a hit as it plans to tackle topics such as central bank digital currencies RegTech crypto payments digital transformation and cold war like rivalry among fintechs and banks Now more than ever we must come together and share our stories and find answers to our questions Key forum topics will include Why the future of financial services is digital How blockchain is shaking up the financial world FinTech vs Banks who is winning or is it not a competition How analytics beats intuition in customer service excellence The dangers of digital transformation in Finance Central Bank Digital Currencies Challenges and Opportunities for the Financial Services Industry Is South Africa ready for a digital currency and the legal implications of it Confirmed speakers for Digital Finance Africa 2022 https bit ly 3U6hevK include Tracy Bolton Chief Operating Officer of SAP Tamara Mkula Head of Corporate Information Security at Nedbank Abe Wakama CEO of IT News Africa Shem Kakembo Director General of EFCUG Uganda Peter Neubauer CEO of VIPASO Austria Magda Milas President of Alice in Blockchains Croatia Moloti Nkune Information Director of MICT SETA Michelle Beetar Vice President and General Manager MEA at FICO Sandy Rheeder CIO of Mukuru Desiree Reddy director of Norton Rose Fulbright Charles Mutigwe Associate Professor Business Information Systems at Western New England University USA Ahmed Ali Saleemi COO of AFT Electronic Money Institute Pakistan How to participate Join as an attendee https bit ly 3REujLm Join local and international CxOs line of business LoB executives and heads of innovation technology and strategy to discuss the future of digital finance Join us as an exhibitor https bit ly 3xkd9KW Showcase your technological innovations projects and solutions Put your organization at the center of this unique meeting Find new partners investors leads and opportunities Join as a sponsor https bit ly 3BcUkdt Showcase your brand and present your technology solutions to a select audience Position your organization at the forefront of digital finance For more information about this conference visit https bit ly 3U6hevK
    Africa’s financial industry prepares for Digital Finance Africa 2022
    Africa3 months ago

    Africa’s financial industry prepares for Digital Finance Africa 2022

    The second annual edition of Digital Finance Africa (https://bit.ly/3U6hevK) will take place on September 22, 2022 in Johannesburg.

    The conference will be organized by IT News Africa (https://www.ITNewsAfrica.com/), under the theme; Bridging the gap between the future and the present through digital solutions.

    Following a successful event in 2021, #DFAfrica22 (https://bit.ly/3U6hevK) will bring together more than 200 local and international BFSI industry leaders, fintech founders, industry regulators and technology service providers, to learn about cutting-edge innovations and participate in dynamic discussions that address how technology is redefining finance.

    This year's Digital Finance Africa (https://bit.ly/3U6hevK) promises to be a hit as it plans to tackle topics such as central bank digital currencies, RegTech, crypto payments, digital transformation, and cold war-like rivalry.

    among fintechs.

    and banks Now, more than ever, we must come together and share our stories and find answers to our questions.

    Key forum topics will include: Why the future of financial services is digital.

    How blockchain is shaking up the financial world.

    FinTech vs.

    Banks: who is winning or is it not a competition?

    How analytics beats intuition in customer service excellence.

    The dangers of digital transformation in Finance.

    Central Bank Digital Currencies: Challenges and Opportunities for the Financial Services Industry.

    Is South Africa ready for a digital currency and the legal implications of it?

    Confirmed speakers for Digital Finance Africa 2022 (https://bit.ly/3U6hevK) include: Tracy Bolton, Chief Operating Officer of SAP.

    Tamara Mkula, Head of Corporate Information Security at Nedbank Abe Wakama, CEO of IT News Africa.

    Shem Kakembo, Director General of EFCUG, Uganda.

    Peter Neubauer, CEO of VIPASO, Austria.

    Magda Milas, President of Alice in Blockchains, Croatia.

    Moloti Nkune, Information Director of MICT SETA.

    Michelle Beetar, Vice President and General Manager: MEA at FICO.

    Sandy Rheeder, CIO of Mukuru.

    Desiree Reddy, director of Norton Rose Fulbright.

    Charles Mutigwe, Associate Professor, Business Information Systems at Western New England University, USA Ahmed Ali Saleemi, COO of AFT (Electronic Money Institute), Pakistan.

    How to participate: Join as an attendee (https://bit.ly/3REujLm): Join local and international CxOs, line-of-business (LoB) executives, and heads of innovation, technology, and strategy to discuss the future of digital finance.

    Join us as an exhibitor (https://bit.ly/3xkd9KW): Showcase your technological innovations, projects and solutions.

    Put your organization at the center of this unique meeting.

    Find new partners, investors, leads and opportunities.

    Join as a sponsor (https://bit.ly/3BcUkdt): Showcase your brand and present your technology solutions to a select audience.

    Position your organization at the forefront of digital finance.

    For more information about this conference, visit: https://bit.ly/3U6hevK

  •  The Nigeria Deposit Insurance Corporation NDIC has bagged the Federal Government s level five platinum level organisation award for outstanding performance in good governance and financial accountability The assessment was done by the Bureau of Public Service Reform BPSR from Sept 2021 through the Bureau s Self Assessment Tool SAT initiative Presenting the award and report in Abuja on Tuesday Mr Boss Mustapha the Secretary to the Government of the Federation SGF said the assessment was drawn from the Federal Government s commitment to ensure improved service delivery in the public service Mustapha represented by Dr Habiba Lawal the Special Adviser to the President on Policy and Coordination congratulated the NDIC for accepting the assessment tool He enjoined all the federal Ministries Departments and Agencies MDAs to subject themselves to the assessment for improved performance and service delivery Dr Zainab Ahmed the Minister of Finance Budget and National Planning commended the NDIC for the achievements Ahmed represented by Mr Stephen Okon the Director Home Finance of the ministry said the appraisal should be constant to maintain the standards Analysing the SAT report the Director General of the BPSR Dr Dasuki Arabi said the Bureau assessed 10 pragmatic areas in the corporation Arabi said the areas assessed included performance management strategic plan budget procurement transparency and accountability among others He said the corporation scored 93 per cent in the assessment for high quality work and hard work by the staff It is worthy of note that NDIC is the first and only agency under the supervision of the Federal Ministry of Finance Budget and National Planning which has enthusiastically submitted itself to undergo the assessment The Bureau received a marching order in November 2019 to deploy the tool in all MDAs This is an outstanding pace NDIC has set our humble persuasion is for others to readily emulate it The introduction of SAT at this period to identify strengths and weaknesses of MDAs is a practical effort Public Service Institutions PSIs must key in to if they must redeem their usefulness and relevance This tool which has to its credit a United Nation Award is among the best innovation emanating from the Bureau to rank reposition and reengineer organisational performance for improved service delivery he said He advised the corporation to collaborate more with other agencies of government for effective service delivery Mr Bello Hassan the Managing Director of the NDIC said the SAP initiative would continue to assist the Corporation in evaluating its responsiveness to current government policies Hassan said the award and report would spur the corporation into doing more to achieve its targets We were highly elated for been rated platinum level but I think for us we have a culture of continuous process improvement so we are going to look at the report closely most especially on the recommendations We are going to improve on our weaknesses identified so that when next we are assessed we will do much better Hassan said The News Agency of Nigeria reports that the SAT report was presented to the corporation by the SGF NewsSourceCredit NAN
    NDIC bags FG’s award for good governance, financial accountability
     The Nigeria Deposit Insurance Corporation NDIC has bagged the Federal Government s level five platinum level organisation award for outstanding performance in good governance and financial accountability The assessment was done by the Bureau of Public Service Reform BPSR from Sept 2021 through the Bureau s Self Assessment Tool SAT initiative Presenting the award and report in Abuja on Tuesday Mr Boss Mustapha the Secretary to the Government of the Federation SGF said the assessment was drawn from the Federal Government s commitment to ensure improved service delivery in the public service Mustapha represented by Dr Habiba Lawal the Special Adviser to the President on Policy and Coordination congratulated the NDIC for accepting the assessment tool He enjoined all the federal Ministries Departments and Agencies MDAs to subject themselves to the assessment for improved performance and service delivery Dr Zainab Ahmed the Minister of Finance Budget and National Planning commended the NDIC for the achievements Ahmed represented by Mr Stephen Okon the Director Home Finance of the ministry said the appraisal should be constant to maintain the standards Analysing the SAT report the Director General of the BPSR Dr Dasuki Arabi said the Bureau assessed 10 pragmatic areas in the corporation Arabi said the areas assessed included performance management strategic plan budget procurement transparency and accountability among others He said the corporation scored 93 per cent in the assessment for high quality work and hard work by the staff It is worthy of note that NDIC is the first and only agency under the supervision of the Federal Ministry of Finance Budget and National Planning which has enthusiastically submitted itself to undergo the assessment The Bureau received a marching order in November 2019 to deploy the tool in all MDAs This is an outstanding pace NDIC has set our humble persuasion is for others to readily emulate it The introduction of SAT at this period to identify strengths and weaknesses of MDAs is a practical effort Public Service Institutions PSIs must key in to if they must redeem their usefulness and relevance This tool which has to its credit a United Nation Award is among the best innovation emanating from the Bureau to rank reposition and reengineer organisational performance for improved service delivery he said He advised the corporation to collaborate more with other agencies of government for effective service delivery Mr Bello Hassan the Managing Director of the NDIC said the SAP initiative would continue to assist the Corporation in evaluating its responsiveness to current government policies Hassan said the award and report would spur the corporation into doing more to achieve its targets We were highly elated for been rated platinum level but I think for us we have a culture of continuous process improvement so we are going to look at the report closely most especially on the recommendations We are going to improve on our weaknesses identified so that when next we are assessed we will do much better Hassan said The News Agency of Nigeria reports that the SAT report was presented to the corporation by the SGF NewsSourceCredit NAN
    NDIC bags FG’s award for good governance, financial accountability
    Economy3 months ago

    NDIC bags FG’s award for good governance, financial accountability

    The Nigeria Deposit Insurance Corporation (NDIC) has bagged the Federal Government’s ‘level five’ platinum level organisation award for outstanding performance in good governance and financial accountability.

    The assessment was done by the Bureau of Public Service Reform (BPSR) from Sept. 2021 through the Bureau’s Self-Assessment Tool (SAT) initiative.

    Presenting the award and report in Abuja on Tuesday, Mr Boss Mustapha, the Secretary to the Government of the Federation (SGF), said the assessment was drawn from the Federal Government’s commitment to ensure improved service delivery in the public service.

    Mustapha, represented by Dr Habiba Lawal, the Special Adviser to the President on Policy and Coordination, congratulated the NDIC for accepting the assessment tool.

    He enjoined all the federal Ministries, Departments and Agencies (MDAs) to subject themselves to the assessment for improved performance and service delivery.

    Dr Zainab Ahmed, the Minister of Finance, Budget and National Planning, commended the NDIC for the achievements.

    Ahmed, represented by Mr Stephen Okon, the Director, Home Finance of the ministry, said the appraisal should be constant to maintain the standards.

    Analysing the SAT report, the Director-General of the BPSR, Dr Dasuki Arabi, said the Bureau assessed 10 pragmatic areas in the corporation.

    Arabi said the areas assessed included performance management, strategic plan, budget, procurement, transparency and accountability, among others.

    He said the corporation scored 93 per cent in the assessment for high quality work and hard work by the staff.

    ”It is worthy of note that NDIC is the first and only agency under the supervision of the Federal Ministry of Finance, Budget and National Planning which has enthusiastically submitted itself to undergo the assessment.

    ”The Bureau received a marching order in November, 2019 to deploy the tool in all MDAs. ”This is an outstanding pace NDIC has set, our humble persuasion is for others to readily emulate it.

    ”The introduction of SAT at this period to identify strengths and weaknesses of MDAs is a practical effort Public Service Institutions (PSIs) must key-in to if they must redeem their usefulness and relevance.

    ”This tool, which has to its credit a United Nation Award, is among the best innovation emanating from the Bureau to rank, reposition and reengineer organisational performance for improved service delivery,” he said.

    He advised the corporation to collaborate more with other agencies of government for effective service delivery.

    Mr Bello Hassan, the Managing Director of the NDIC, said the SAP initiative would continue to assist the Corporation in evaluating its responsiveness to current government policies.

    Hassan said the award and report would spur the corporation into doing more to achieve its targets.

    ”We were highly elated for been rated platinum level, but I think for us we have a culture of continuous process improvement, so we are going to look at the report closely most especially on the recommendations.

    ”We are going to improve on our weaknesses identified so that when next we are assessed, we will do much better,” Hassan said.

    The News Agency of Nigeria reports that the SAT report was presented to the corporation by the SGF.


    NewsSourceCredit: NAN

  •  Mercy Corps Nigeria a Non Governmental Organisation NGO says it is partnering with Katsina government to develop State Action Plan SAP on Women Peace and Security in the state The poject is being implemented under the Mercy Corps supported Community Initiative to Promote Peace CIPP programme This is contained in a statement by Oluwadamilola Aina Communication Officer of the organisation on Tuesday in Katsina He said that CIPP was collaborating with the state s Ministry of Women Affairs to fast track development of the action plan adding that a Consultative and Drafting Workshop had been recently conducted in Katsina Aina said the workshop was attended by critical stakeholders drawn from Ministries Departments and Agencies MDAs traditional and religious leaders academia women groups and coalition of Civil Society Organisations CSIs in the state This is with a view to identify the existing and emerging women peace and security issues to consolidate ideas on strategies key actions monitoring and reporting framework to ensure effective implementation of SAP he said The statement quoted Mr David Gatare CIPP Chief of Party as saying that Peace and Security efforts are more sustainable when women participate meaningfully in the prevention of violent conflicts and forging of lasting peace The action plan he said is in line with CIPP s deliberate approach to strengthen the meaningful inclusion of women in peace process and advance gender equality diversity and social inclusion in Nigeria According to him the Federal Government in 2017 developed a second National Action Plan NAP for the implementation of UN Security Council Resolution 1325 and related resolutions on Women Peace and Security WPS He said the NAP provided a framework for the implementation of the resolution around five pillars Prevention Participation Protection and Peacebuilding and Recovery to ensure effective response to women s peace and security issues So far 14 states in Nigeria have developed State Action Plans SAPs on Women Peace and Security he said Aina said the Katsina SAP was developed along five key priority areas Protection and Prosecution Crisis Management Early Recovery and Post Conflict Resolution Participation and Representation Prevention and Disaster Preparedness Partnerships Coordination and Management He said the organisation through the CIPP would work closely with the Katsina Ministry of Women Affairs to validate launch and disseminate SAP in the state NewsSourceCredit NAN
    Mercy Corps, Katsina partner to develop action plan on women, peace – Official
     Mercy Corps Nigeria a Non Governmental Organisation NGO says it is partnering with Katsina government to develop State Action Plan SAP on Women Peace and Security in the state The poject is being implemented under the Mercy Corps supported Community Initiative to Promote Peace CIPP programme This is contained in a statement by Oluwadamilola Aina Communication Officer of the organisation on Tuesday in Katsina He said that CIPP was collaborating with the state s Ministry of Women Affairs to fast track development of the action plan adding that a Consultative and Drafting Workshop had been recently conducted in Katsina Aina said the workshop was attended by critical stakeholders drawn from Ministries Departments and Agencies MDAs traditional and religious leaders academia women groups and coalition of Civil Society Organisations CSIs in the state This is with a view to identify the existing and emerging women peace and security issues to consolidate ideas on strategies key actions monitoring and reporting framework to ensure effective implementation of SAP he said The statement quoted Mr David Gatare CIPP Chief of Party as saying that Peace and Security efforts are more sustainable when women participate meaningfully in the prevention of violent conflicts and forging of lasting peace The action plan he said is in line with CIPP s deliberate approach to strengthen the meaningful inclusion of women in peace process and advance gender equality diversity and social inclusion in Nigeria According to him the Federal Government in 2017 developed a second National Action Plan NAP for the implementation of UN Security Council Resolution 1325 and related resolutions on Women Peace and Security WPS He said the NAP provided a framework for the implementation of the resolution around five pillars Prevention Participation Protection and Peacebuilding and Recovery to ensure effective response to women s peace and security issues So far 14 states in Nigeria have developed State Action Plans SAPs on Women Peace and Security he said Aina said the Katsina SAP was developed along five key priority areas Protection and Prosecution Crisis Management Early Recovery and Post Conflict Resolution Participation and Representation Prevention and Disaster Preparedness Partnerships Coordination and Management He said the organisation through the CIPP would work closely with the Katsina Ministry of Women Affairs to validate launch and disseminate SAP in the state NewsSourceCredit NAN
    Mercy Corps, Katsina partner to develop action plan on women, peace – Official
    Defence/Security6 months ago

    Mercy Corps, Katsina partner to develop action plan on women, peace – Official

    Mercy Corps Nigeria, a Non-Governmental Organisation (NGO), says it is partnering with Katsina government to develop State Action Plan (SAP) on Women, Peace and Security in the state.

    The poject is being implemented under the Mercy Corps supported Community Initiative to Promote Peace (CIPP) programme.

    This is contained in a statement by Oluwadamilola Aina, Communication Officer of the organisation, on Tuesday in Katsina.

    He said that CIPP was collaborating with the state’s Ministry of Women Affairs to fast track development of the action plan, adding that a Consultative and Drafting Workshop had been recently conducted in Katsina.

    Aina said the workshop was attended by critical stakeholders drawn from Ministries, Departments and Agencies (MDAs), traditional and religious leaders, academia, women groups, and coalition of Civil Society Organisations (CSIs) in the state.

    “This is with a view to identify the existing and emerging women, peace and security issues, to consolidate ideas on strategies, key actions, monitoring and reporting framework to ensure effective implementation of SAP,” he said.

    The statement quoted Mr David Gatare, CIPP, Chief of Party, as saying that: “Peace and Security efforts are more sustainable when women participate meaningfully in the prevention of violent conflicts and forging of lasting peace”.

    The action plan, he said, is in line with CIPP’s deliberate approach to strengthen the meaningful inclusion of women in peace process and advance gender equality, diversity and social inclusion in Nigeria.

    According to him, the Federal Government in 2017, developed a second National Action Plan (NAP) for the implementation of UN Security Council Resolution 1325, and related resolutions on Women, Peace and Security (WPS).

    He said the NAP provided a framework for the implementation of the resolution around five pillars, Prevention, Participation, Protection, and Peacebuilding and Recovery, to ensure effective response to women’s peace and security issues.

    “So far, 14 states in Nigeria have developed State Action Plans (SAPs) on Women, Peace and Security,” he said.

    Aina said the Katsina SAP was developed along five key priority areas: Protection and Prosecution; Crisis Management, Early Recovery and Post-Conflict Resolution, Participation and Representation, Prevention and Disaster Preparedness, Partnerships, Coordination and Management.

    He said the organisation through the CIPP would work closely with the Katsina Ministry of Women Affairs to validate, launch and disseminate SAP in the state.

    NewsSourceCredit: NAN

  •   This year the popular African Utility Week energy show and POWERGEN Africa combined to become Enlit Africa 2022 www Enlit Africa com a platform where expert knowledge innovative solutions and foresight from industry leaders industry will help shape Africa s energy transition From June 7 9 2022 local and international experts and organizations from across the energy ecosystem will meet live at the Cape Town CTICC and online to explore opportunities to collaborate mobilize investment and scale up the energy transition Over 22 years the conference and its exhibition have grown to become Africa s premier event for the entire energy power and water value chain The program Over three days delegates will be immersed in impactful discussions exclusive networking opportunities live and online all against the backdrop of beautiful Cape Town They will be able to network with high profile industry players from 37 African nations through the Enlit Africa 2022 matchmaking platform In addition to keynote speeches attendees will hear from distribution companies project developers technology solution providers and regulators who will analyze the impact of new technologies and integrated power generation during the strategic sessions of the conference See full program https bit ly 3PQBZtg Exclusive roundtables will explore Africa s untapped energy investment potential and the program has a strong focus on African case studies and best practices promoting African solutions to African challenges There will also be the opportunity to visit project sites not normally available to the public This year s focus is collaboration to accelerate Africa s energy transition Collaboration between the public and private sectors between utilities regulators and government is a key enabler of the effort that is driving the energy transition says Claire Volkwyn spokesperson for Vuka the event organizers She explains that the conference will highlight real and workable solutions to today s energy insecurity South Africa is struggling with energy security right now but we have an opportunity to fundamentally change the way we produce and deliver energy to our society in a way that could speed up our energy systems by 20 years if we act now Collaboration is vital The combined efforts of the international community and the South African government to bring to the table an 8 5 billion deal to support South Africa s energy transition is an example of what can be achieved At Enlit Africa 2022 we will explore how such collaboration can be used across the continent to mobilize investment and scale up the energy transition adds Volkwyn Speakers exhibitors and sponsors Speakers from across the spectrum of the sector will put Africa s energy transition into context describe the challenges and opportunities it presents and highlight innovative projects and technology solutions that will shape the way we generate consume and trade energy Speakers include Andr De Ruyter GCE Eskom Mark Carrato Power Africa Coordinator Power Africa United States Mandy Rambharos General Manager Office of Just Energy Transition Eskom South Africa Thabang Audat Chief Director Planning Department of Mineral Resources and Energy South Africa Toto Matshediso Deputy Director Strategic Partnership Department of Science and Technology South Africa and Siggi Huegemann President of the African Hydrogen Partnership Mauritius See the full list of speakers https bit ly 3PVuP7o In addition to these and other speakers more than 100 influential national and international industry players will be exhibiting at Enlit Africa 2022 Several countries looking to do business in Africa including Brazil Belgium Canada Germany Switzerland Taiwan and the USA will have pavilions at the exhibition There will also be a Green Hub highlighting local products and services in the green economy developed in collaboration with Green Cape Wesgro and Atlantis Free Trade Zone showcasing MSMEs in the green economy Enlit Africa 2022 is sponsored by GE Conlog ACTOM Sulzer SAP Siemens Gridspertise Standard Bank Megger ECIC Prime Alliance Eskom EATON and Oracle Host Media is ESI Africa not be missed After two years of digital engagement it s exciting to think about the buzz on the show floor says Volkwyn Old friends who haven t seen eye to eye in years will be discussing developments new friends will be made while challenging solutions and ideas are discussed Enlit Africa 2022 is the opportunity to see our attendees talking to each other interacting with exhibitors and showing their commitment to creating a better energy future for all We can not wait
    Enlit Africa Invites you to Collaborate to Fast Forward Africa’s Energy Transition
      This year the popular African Utility Week energy show and POWERGEN Africa combined to become Enlit Africa 2022 www Enlit Africa com a platform where expert knowledge innovative solutions and foresight from industry leaders industry will help shape Africa s energy transition From June 7 9 2022 local and international experts and organizations from across the energy ecosystem will meet live at the Cape Town CTICC and online to explore opportunities to collaborate mobilize investment and scale up the energy transition Over 22 years the conference and its exhibition have grown to become Africa s premier event for the entire energy power and water value chain The program Over three days delegates will be immersed in impactful discussions exclusive networking opportunities live and online all against the backdrop of beautiful Cape Town They will be able to network with high profile industry players from 37 African nations through the Enlit Africa 2022 matchmaking platform In addition to keynote speeches attendees will hear from distribution companies project developers technology solution providers and regulators who will analyze the impact of new technologies and integrated power generation during the strategic sessions of the conference See full program https bit ly 3PQBZtg Exclusive roundtables will explore Africa s untapped energy investment potential and the program has a strong focus on African case studies and best practices promoting African solutions to African challenges There will also be the opportunity to visit project sites not normally available to the public This year s focus is collaboration to accelerate Africa s energy transition Collaboration between the public and private sectors between utilities regulators and government is a key enabler of the effort that is driving the energy transition says Claire Volkwyn spokesperson for Vuka the event organizers She explains that the conference will highlight real and workable solutions to today s energy insecurity South Africa is struggling with energy security right now but we have an opportunity to fundamentally change the way we produce and deliver energy to our society in a way that could speed up our energy systems by 20 years if we act now Collaboration is vital The combined efforts of the international community and the South African government to bring to the table an 8 5 billion deal to support South Africa s energy transition is an example of what can be achieved At Enlit Africa 2022 we will explore how such collaboration can be used across the continent to mobilize investment and scale up the energy transition adds Volkwyn Speakers exhibitors and sponsors Speakers from across the spectrum of the sector will put Africa s energy transition into context describe the challenges and opportunities it presents and highlight innovative projects and technology solutions that will shape the way we generate consume and trade energy Speakers include Andr De Ruyter GCE Eskom Mark Carrato Power Africa Coordinator Power Africa United States Mandy Rambharos General Manager Office of Just Energy Transition Eskom South Africa Thabang Audat Chief Director Planning Department of Mineral Resources and Energy South Africa Toto Matshediso Deputy Director Strategic Partnership Department of Science and Technology South Africa and Siggi Huegemann President of the African Hydrogen Partnership Mauritius See the full list of speakers https bit ly 3PVuP7o In addition to these and other speakers more than 100 influential national and international industry players will be exhibiting at Enlit Africa 2022 Several countries looking to do business in Africa including Brazil Belgium Canada Germany Switzerland Taiwan and the USA will have pavilions at the exhibition There will also be a Green Hub highlighting local products and services in the green economy developed in collaboration with Green Cape Wesgro and Atlantis Free Trade Zone showcasing MSMEs in the green economy Enlit Africa 2022 is sponsored by GE Conlog ACTOM Sulzer SAP Siemens Gridspertise Standard Bank Megger ECIC Prime Alliance Eskom EATON and Oracle Host Media is ESI Africa not be missed After two years of digital engagement it s exciting to think about the buzz on the show floor says Volkwyn Old friends who haven t seen eye to eye in years will be discussing developments new friends will be made while challenging solutions and ideas are discussed Enlit Africa 2022 is the opportunity to see our attendees talking to each other interacting with exhibitors and showing their commitment to creating a better energy future for all We can not wait
    Enlit Africa Invites you to Collaborate to Fast Forward Africa’s Energy Transition
    Africa6 months ago

    Enlit Africa Invites you to Collaborate to Fast Forward Africa’s Energy Transition

    This year, the popular African Utility Week energy show and POWERGEN Africa combined to become Enlit Africa 2022, (www.Enlit-Africa.com), a platform where expert knowledge, innovative solutions and foresight from industry leaders industry will help shape Africa's energy transition.

    From June 7-9, 2022, local and international experts and organizations from across the energy ecosystem will meet live at the Cape Town CTICC and online to explore opportunities to collaborate, mobilize investment and scale up the energy transition.

    Over 22 years, the conference and its exhibition have grown to become Africa's premier event for the entire energy, power and water value chain.

    The program

    Over three days, delegates will be immersed in impactful discussions, exclusive networking opportunities, live and online, all against the backdrop of beautiful Cape Town.

    They will be able to network with high-profile industry players from 37 African nations through the Enlit Africa 2022 matchmaking platform. In addition to keynote speeches, attendees will hear from distribution companies, project developers, technology solution providers and regulators who will analyze the impact of new technologies and integrated power generation during the strategic sessions of the conference.

    See full program (https://bit.ly/3PQBZtg).

    Exclusive roundtables will explore Africa's untapped energy investment potential, and the program has a strong focus on African case studies and best practices promoting African solutions to African challenges. There will also be the opportunity to visit project sites not normally available to the public.

    This year's focus is collaboration to accelerate Africa's energy transition. “Collaboration between the public and private sectors, between utilities, regulators and government is a key enabler of the effort that is driving the energy transition,” says Claire Volkwyn, spokesperson for Vuka, the event organizers. .

    She explains that the conference will highlight real and workable solutions to today's energy insecurity. "South Africa is struggling with energy security right now, but we have an opportunity to fundamentally change the way we produce and deliver energy to our society in a way that could speed up our energy systems by 20 years, if we act now."

    “Collaboration is vital. The combined efforts of the international community and the South African government to bring to the table an $8.5 billion deal to support South Africa's energy transition is an example of what can be achieved. At Enlit Africa 2022, we will explore how such collaboration can be used across the continent to mobilize investment and scale up the energy transition,” adds Volkwyn.

    Speakers, exhibitors and sponsors

    Speakers from across the spectrum of the sector will put Africa's energy transition into context, describe the challenges and opportunities it presents and highlight innovative projects and technology solutions that will shape the way we generate, consume and trade energy.

    Speakers include: André De Ruyter, GCE, Eskom; Mark Carrato, Power Africa Coordinator, Power Africa, United States; Mandy Rambharos, General Manager, Office of Just Energy Transition, Eskom, South Africa; Thabang Audat, Chief Director: Planning, Department of Mineral Resources and Energy, South Africa; Toto Matshediso, Deputy Director: Strategic Partnership, Department of Science and Technology, South Africa; and Siggi Huegemann, President of the African Hydrogen Partnership, Mauritius.

    See the full list of speakers (https://bit.ly/3PVuP7o).

    In addition to these and other speakers, more than 100 influential national and international industry players will be exhibiting at Enlit Africa 2022. Several countries looking to do business in Africa, including Brazil, Belgium, Canada, Germany, Switzerland, Taiwan and the USA ., will have pavilions at the exhibition.

    There will also be a Green Hub highlighting local products and services in the green economy, developed in collaboration with Green Cape, Wesgro and Atlantis Free Trade Zone, showcasing MSMEs in the green economy.

    Enlit Africa 2022 is sponsored by GE, Conlog, ACTOM, Sulzer, SAP, Siemens, Gridspertise, Standard Bank, Megger, ECIC, Prime Alliance, Eskom, EATON and Oracle. Host Media is ESI Africa.

    not be missed

    “After two years of digital engagement, it's exciting to think about the buzz on the show floor,” says Volkwyn. “Old friends who haven't seen eye-to-eye in years will be discussing developments; new friends will be made while challenging solutions and ideas are discussed.

    “Enlit Africa 2022 is the opportunity to see our attendees talking to each other, interacting with exhibitors and showing their commitment to creating a better energy future for all. We can not wait.

  •  The Speaker of the House of Representatives Femi Gbajabiamila says that the current insecurity challenges in Nigeria poses a threat to the foundations of the country s nationhood Gbajabiamila however noted that the Nigerian Government has responded to the challenges by taking certain measures such as increasing funding for the police and the military and recruiting personnel for security agencies among others The Speaker said this in a paper he delivered at the School of Oriental Studies London on Wednesday entitled Democracy in Challenging Times The Role of African Parliaments in Safeguarding and Delivering on the Dividends of Democracy as part of his ongoing official visit to the United Kingdom This was contained in a statement issued on Thursday by the Special Adviser to the Speaker on Media and Publicity Lanre Lasisi Gbajabiamila stated that the most pressing of these challenges today is the national security crisis that threatens the foundations of our nationhood and portends great danger for Africa and the world if it persists First to address present challenges and then to build resilient institutions that can withstand uncertainty in troubled times more than anything else our focus must remain on the young and vibrant youth of Nigeria and Africa who have so much to offer the world and who have proven that they can thrive under challenging circumstances given half a chance However we cannot do this for as long as our present national security challenges persist He however said that the Nigerian Government had responded to the challenges by increasing funding for the police and the military and recruiting personnel for security agencies among others The government of the Federal Republic of Nigeria has responded to the reality of our present challenges by increasing funding provisions for the police and armed forces accelerating recruitment and training to put more boots on the ground and also acquiring weapons systems designed to give the security agencies an advantage he said The speaker said that the house upon resumption would do what was required to overcome the difficulties and deliver the dividends of democracy to the people Gbajabiamila described dividend of democracy as a just society where individual rights are recognised and respected He explained further that what was required was a society where citizens had the freedom to dream big dreams and the social resources and infrastructure to achieve those dreams He noted that such environment would provide opportunities for positive change for righting wrongs and establishing new protocols better suited to the reality of the time than whatever existed before He said that the 9th House began by developing a legislative agenda to articulate in detail governing priorities and the specific actions intended to meet those priorities Gbajabiamila also said that he convened the first Conference of Speakers of African Parliaments CoSAP as a platform for continental parliamentary cooperation and coordination aimed at changing the dynamic He said that the conference was already participating in a broad partnership to renegotiate the terms of national debts and free up much needed resources for development Gbajabiamila said the Nigerian House of Representatives would this year host the inaugural in person meeting of CoSAP to establish a framework of action to ensure the achievement of the objectives that motivated this unique partnership NAN
    Gbajabiamila says insecurity threat to Nigeria’s nationhood
     The Speaker of the House of Representatives Femi Gbajabiamila says that the current insecurity challenges in Nigeria poses a threat to the foundations of the country s nationhood Gbajabiamila however noted that the Nigerian Government has responded to the challenges by taking certain measures such as increasing funding for the police and the military and recruiting personnel for security agencies among others The Speaker said this in a paper he delivered at the School of Oriental Studies London on Wednesday entitled Democracy in Challenging Times The Role of African Parliaments in Safeguarding and Delivering on the Dividends of Democracy as part of his ongoing official visit to the United Kingdom This was contained in a statement issued on Thursday by the Special Adviser to the Speaker on Media and Publicity Lanre Lasisi Gbajabiamila stated that the most pressing of these challenges today is the national security crisis that threatens the foundations of our nationhood and portends great danger for Africa and the world if it persists First to address present challenges and then to build resilient institutions that can withstand uncertainty in troubled times more than anything else our focus must remain on the young and vibrant youth of Nigeria and Africa who have so much to offer the world and who have proven that they can thrive under challenging circumstances given half a chance However we cannot do this for as long as our present national security challenges persist He however said that the Nigerian Government had responded to the challenges by increasing funding for the police and the military and recruiting personnel for security agencies among others The government of the Federal Republic of Nigeria has responded to the reality of our present challenges by increasing funding provisions for the police and armed forces accelerating recruitment and training to put more boots on the ground and also acquiring weapons systems designed to give the security agencies an advantage he said The speaker said that the house upon resumption would do what was required to overcome the difficulties and deliver the dividends of democracy to the people Gbajabiamila described dividend of democracy as a just society where individual rights are recognised and respected He explained further that what was required was a society where citizens had the freedom to dream big dreams and the social resources and infrastructure to achieve those dreams He noted that such environment would provide opportunities for positive change for righting wrongs and establishing new protocols better suited to the reality of the time than whatever existed before He said that the 9th House began by developing a legislative agenda to articulate in detail governing priorities and the specific actions intended to meet those priorities Gbajabiamila also said that he convened the first Conference of Speakers of African Parliaments CoSAP as a platform for continental parliamentary cooperation and coordination aimed at changing the dynamic He said that the conference was already participating in a broad partnership to renegotiate the terms of national debts and free up much needed resources for development Gbajabiamila said the Nigerian House of Representatives would this year host the inaugural in person meeting of CoSAP to establish a framework of action to ensure the achievement of the objectives that motivated this unique partnership NAN
    Gbajabiamila says insecurity threat to Nigeria’s nationhood
    General news7 months ago

    Gbajabiamila says insecurity threat to Nigeria’s nationhood

    The Speaker of the House of Representatives, Femi Gbajabiamila, says that the current insecurity challenges in Nigeria poses a threat to the foundations of the country’s nationhood.

    Gbajabiamila, however, noted that the Nigerian Government has responded to the challenges by taking certain measures such as increasing funding for the police and the military and recruiting personnel for security agencies, among others.

    The Speaker said this in a paper he delivered at the School of Oriental Studies London, on Wednesday,  entitled; ‘Democracy in Challenging Times: The Role of African Parliaments in Safeguarding and Delivering on the Dividends of Democracy,’ as part of his ongoing official visit to the United Kingdom.

    This was contained in a statement issued on Thursday by the Special Adviser to the Speaker on Media and Publicity, Lanre Lasisi.

    Gbajabiamila stated that “the most pressing of these challenges today is the national security crisis that threatens the foundations of our nationhood and portends great danger for Africa and the world if it persists.”

    “First, to address present challenges and then to build resilient institutions that can withstand uncertainty in troubled times, more than anything else, our focus must remain on the young and vibrant youth of Nigeria and Africa who have so much to offer the world and who have proven that they can thrive under challenging circumstances given half a chance.

    “However we cannot do this for as long as our present national security challenges persist.

    He however, said that the Nigerian Government had responded to the challenges by increasing funding for the police and the military and recruiting personnel for security agencies, among others.

    “The government of the Federal Republic of Nigeria has responded to the reality of our present challenges by increasing funding provisions for the police and armed forces, accelerating recruitment and training to put more boots on the ground and also acquiring weapons systems designed to give the security agencies an advantage,” he said.

    The speaker said that the house upon resumption, would do what was required to overcome the difficulties and deliver the dividends of democracy to the people.

    Gbajabiamila described dividend of democracy as a just society, where individual rights are recognised and respected.

    He explained further that what was required was a society where citizens had the freedom to dream big dreams and the social resources and infrastructure to achieve those dreams.

    He noted that such environment would provide opportunities for positive change, for righting wrongs and establishing new protocols better suited to the reality of the time than whatever existed before.

    He said that the 9th House began by developing a legislative agenda to articulate in detail governing priorities and the specific actions intended to meet those priorities.

    Gbajabiamila, also said that he convened the first Conference of Speakers of African Parliaments (CoSAP), as a platform for continental parliamentary cooperation and coordination aimed at changing the dynamic.

    He said that the conference was already, participating in a broad partnership to renegotiate the terms of national debts and free up much-needed resources for development.

    Gbajabiamila said the Nigerian House of Representatives would this year host the inaugural in-person meeting of CoSAP to establish a framework of action.

    to ensure the achievement of the objectives that motivated this unique partnership.

    (NAN)

  •   A delegation from the African Energy Chamber AEC www EnergyChamber org the voice of the African energy sector visited the Soci t Africaine de Raffinage SAR crude oil refinery in Dakar to observe ongoing developments aimed at upgrade the facility and understand the role refinery modernization will play in boosting Senegal s downstream market The delegation composed of NJ Ayuk CEO of AEC and Abdur Omidiya CEO of AEC West Africa joined Mari me Ndoye CEO of SAR in strongly supporting SAR s efforts to upgrade its facilities The AEC visit supports its drive to catalyze investment in the construction of new refineries and the modernization of existing facilities in Africa to maximize the commercialization of national energy resources while reducing dependence on energy imports Despite having massive oil and gas reserves African hydrocarbon producing countries such as Senegal Nigeria Algeria Angola Namibia Kenya and South Africa are highly dependent on energy imports due to a lack of adequate refining capacity and investment in infrastructure development As a result the continent is struggling with chronic fuel shortages and high energy costs Senegal for example despite having more than a billion barrels of crude oil reserves which can be exploited and processed locally to meet electricity production and other energy needs relies heavily on energy imports to meet demand domestic demand SAR s Dakar Refinery the only refinery in Senegal currently refines 1 2 million metric tons MT of crude oil per year most of which comes from Nigeria and is unable to meet Senegal s domestic demand of around 1 6 million MT The Dakar refinery upgrade announced in 2018 but delayed due to lack of funding will increase diesel and liquefied petroleum gas processing capacity by 15 20 from 1 2 million tonnes to 1 5 million tonnes tons of crude per year With Australian oil and gas company Woodside and Senegal National Oil Company Petrosen expected to start crude oil production at the Sangomar field in 2023 the refinery upgrade will play a critical role in allow Senegal to meet its energy needs using local resources In addition with bp and US oil company Kosmos Energy also set to start production at the 4 8 billion Grand Tortue Ahmeyim gas project in 2023 the refinery will play a major role in driving the gas market expansion agenda of the government Today Senegal can only process 10 000 MT of butane gas yet the country s needs are around one million metric tons which is mainly used for cooking Having supported the recapitalization of SAR through the acquisition of a 46 stake in the company in a 720 million recapitalization deal through Petrosen the Senegalese government prioritizes investments in infrastructure development through the formation of public private partnerships We thank HE President Macky Sall for his strong support for SAR creating an environment for this to work and ensuring that there is no crisis in Senegal due to fuel shortages says AEC s Abdur Omidiya With SAR entering into collaboration agreements with the German technology company SAP and the Franco American service company TechnipFMC to increase their technical and financial capacity to implement upgrades at the Dakar refinery the ACS strongly supports SAR and African governments engaging in partnerships that improve the environmental performance of clean fuels and fuel refineries Upgrading existing refineries will ensure that Africa remains at the forefront of being a climate champion while maximizing the exploitation of our hydrocarbon resources to drive industrialization progress We need to support the work of the SAR and Anibor Kragha leadership of the African Association of Refiners and Distributors states NJ Ayuk adding Senegal is emerging as one of Africa s hydrocarbon strongholds due to the increased focus on exploration activities However like many African producers the lack of adequate refinery capacity prevents the country from harnessing its energy resources to address energy poverty and stimulate economic growth The work being done by SAR will further fuel the growth of Senegal s hydrocarbon market This is what we need in Africa more investment and more modern refineries to be able to produce clean fuels in a better way SAR s efforts put Africa in the right direction of using its own energy resources to make energy poverty history by 2030
    Energy Chamber Delegation Visits Dakar Refinery in Support of Increased Funding for Infrastructure Rollout across Africa
      A delegation from the African Energy Chamber AEC www EnergyChamber org the voice of the African energy sector visited the Soci t Africaine de Raffinage SAR crude oil refinery in Dakar to observe ongoing developments aimed at upgrade the facility and understand the role refinery modernization will play in boosting Senegal s downstream market The delegation composed of NJ Ayuk CEO of AEC and Abdur Omidiya CEO of AEC West Africa joined Mari me Ndoye CEO of SAR in strongly supporting SAR s efforts to upgrade its facilities The AEC visit supports its drive to catalyze investment in the construction of new refineries and the modernization of existing facilities in Africa to maximize the commercialization of national energy resources while reducing dependence on energy imports Despite having massive oil and gas reserves African hydrocarbon producing countries such as Senegal Nigeria Algeria Angola Namibia Kenya and South Africa are highly dependent on energy imports due to a lack of adequate refining capacity and investment in infrastructure development As a result the continent is struggling with chronic fuel shortages and high energy costs Senegal for example despite having more than a billion barrels of crude oil reserves which can be exploited and processed locally to meet electricity production and other energy needs relies heavily on energy imports to meet demand domestic demand SAR s Dakar Refinery the only refinery in Senegal currently refines 1 2 million metric tons MT of crude oil per year most of which comes from Nigeria and is unable to meet Senegal s domestic demand of around 1 6 million MT The Dakar refinery upgrade announced in 2018 but delayed due to lack of funding will increase diesel and liquefied petroleum gas processing capacity by 15 20 from 1 2 million tonnes to 1 5 million tonnes tons of crude per year With Australian oil and gas company Woodside and Senegal National Oil Company Petrosen expected to start crude oil production at the Sangomar field in 2023 the refinery upgrade will play a critical role in allow Senegal to meet its energy needs using local resources In addition with bp and US oil company Kosmos Energy also set to start production at the 4 8 billion Grand Tortue Ahmeyim gas project in 2023 the refinery will play a major role in driving the gas market expansion agenda of the government Today Senegal can only process 10 000 MT of butane gas yet the country s needs are around one million metric tons which is mainly used for cooking Having supported the recapitalization of SAR through the acquisition of a 46 stake in the company in a 720 million recapitalization deal through Petrosen the Senegalese government prioritizes investments in infrastructure development through the formation of public private partnerships We thank HE President Macky Sall for his strong support for SAR creating an environment for this to work and ensuring that there is no crisis in Senegal due to fuel shortages says AEC s Abdur Omidiya With SAR entering into collaboration agreements with the German technology company SAP and the Franco American service company TechnipFMC to increase their technical and financial capacity to implement upgrades at the Dakar refinery the ACS strongly supports SAR and African governments engaging in partnerships that improve the environmental performance of clean fuels and fuel refineries Upgrading existing refineries will ensure that Africa remains at the forefront of being a climate champion while maximizing the exploitation of our hydrocarbon resources to drive industrialization progress We need to support the work of the SAR and Anibor Kragha leadership of the African Association of Refiners and Distributors states NJ Ayuk adding Senegal is emerging as one of Africa s hydrocarbon strongholds due to the increased focus on exploration activities However like many African producers the lack of adequate refinery capacity prevents the country from harnessing its energy resources to address energy poverty and stimulate economic growth The work being done by SAR will further fuel the growth of Senegal s hydrocarbon market This is what we need in Africa more investment and more modern refineries to be able to produce clean fuels in a better way SAR s efforts put Africa in the right direction of using its own energy resources to make energy poverty history by 2030
    Energy Chamber Delegation Visits Dakar Refinery in Support of Increased Funding for Infrastructure Rollout across Africa
    Africa8 months ago

    Energy Chamber Delegation Visits Dakar Refinery in Support of Increased Funding for Infrastructure Rollout across Africa

    A delegation from the African Energy Chamber (AEC) (www.EnergyChamber.org), the voice of the African energy sector, visited the Société Africaine de Raffinage (SAR) crude oil refinery in Dakar to observe ongoing developments aimed at upgrade the facility. and understand the role refinery modernization will play in boosting Senegal's downstream market.

    The delegation composed of NJ Ayuk, CEO of AEC, and Abdur Omidiya, CEO of AEC West Africa, joined Marième Ndoye, CEO of SAR, in strongly supporting SAR's efforts to upgrade its facilities.

    The AEC visit supports its drive to catalyze investment in the construction of new refineries and the modernization of existing facilities in Africa to maximize the commercialization of national energy resources, while reducing dependence on energy imports.

    Despite having massive oil and gas reserves, African hydrocarbon-producing countries such as Senegal, Nigeria, Algeria, Angola, Namibia, Kenya and South Africa are highly dependent on energy imports due to a lack of adequate refining capacity and investment in infrastructure development. As a result, the continent is struggling with chronic fuel shortages and high energy costs.

    Senegal, for example, despite having more than a billion barrels of crude oil reserves, which can be exploited and processed locally to meet electricity production and other energy needs, relies heavily on energy imports to meet demand. domestic demand. SAR's Dakar Refinery, the only refinery in Senegal, currently refines 1.2 million metric tons (MT) of crude oil per year, most of which comes from Nigeria and is unable to meet Senegal's domestic demand of around 1 .6 million MT.

    The Dakar refinery upgrade, announced in 2018 but delayed due to lack of funding, will increase diesel and liquefied petroleum gas processing capacity by 15-20%, from 1.2 million tonnes to 1.5 million tonnes. tons of crude per year. With Australian oil and gas company Woodside and Senegal National Oil Company Petrosen expected to start crude oil production at the Sangomar field in 2023, the refinery upgrade will play a critical role in allow Senegal to meet its energy needs using local resources. .

    In addition, with bp and US oil company Kosmos Energy also set to start production at the $4.8 billion Grand Tortue Ahmeyim gas project in 2023, the refinery will play a major role in driving the gas market expansion agenda. of the government. Today, Senegal can only process 10,000 MT of butane gas, yet the country's needs are around one million metric tons, which is mainly used for cooking.

    Having supported the recapitalization of SAR through the acquisition of a 46% stake in the company in a $720 million recapitalization deal through Petrosen, the Senegalese government prioritizes investments in infrastructure development through the formation of public-private partnerships.

    "We thank HE President Macky Sall for his strong support for SAR, creating an environment for this to work and ensuring that there is no crisis in Senegal due to fuel shortages," says AEC's Abdur Omidiya.

    With SAR entering into collaboration agreements with the German technology company, SAP, and the Franco-American service company, TechnipFMC, to increase their technical and financial capacity to implement upgrades at the Dakar refinery, the ACS strongly supports SAR and African governments engaging in partnerships. that improve the environmental performance of clean fuels and fuel refineries.

    “Upgrading existing refineries will ensure that Africa remains at the forefront of being a climate champion, while maximizing the exploitation of our hydrocarbon resources to drive industrialization progress. We need to support the work of the SAR and Anibor Kragha leadership of the African Association of Refiners and Distributors,” states NJ Ayuk, adding: “Senegal is emerging as one of Africa's hydrocarbon strongholds due to the increased focus on exploration activities. . However, like many African producers, the lack of adequate refinery capacity prevents the country from harnessing its energy resources to address energy poverty and stimulate economic growth. The work being done by SAR will further fuel the growth of Senegal's hydrocarbon market. This is what we need in Africa: more investment and more modern refineries to be able to produce clean fuels in a better way. SAR's efforts put Africa in the right direction of using its own energy resources to make energy poverty history by 2030."

  •  Two software license contracts and support agreements concluded between the Department of Water and Sanitation DWS and Systems Applications Products SAP worth over R1 billion have been declared constitutionally invalid and annulled by the Special Court The Special Court s order follows an intensive investigation by the Special Investigation Unit SIU into the DWS affairs which revealed that the department irregularly concluded software license and support agreements between 2015 and 2016 with SAP a multinational company of software The SIU challenged DWS and SAP with evidence of wrongdoing and by agreement the SIU along with DWS and SAP declared the contracts invalid and illegal The agreement was made at the order of the Special Court On March 15 2022 the Special Court ordered SAP to reimburse DWS the amount of R413 million from the R1 036 000 000 software license agreements The R413 million represents the full amount paid by DWS to SAP under the 2015 and 2016 software license and support agreements The Special Court further ordered SAP to pay DWS R 263 282 173 78 within five days of the date of the Order with the remainder to be paid after the Special Court determined whether any additional amount should be deducted from the amount owed Under the Special Court order DWS may not use any software licensed under the 2015 and 2016 license agreements The disputed amount of approximately R83 million for third party costs incurred by SAP and the non profit principle will be adjudicated by the Special Court and a new order will be issued on the reimbursement of any part of the R83 million to DWS The SIU and DWS welcome the Special Court s order as it sends a strong message to officials and companies doing business with the State that collusion and unethical business practices will not be rewarded The result of the Special Court s order is a continuation of the implementation of the results of the SIU s investigation and consequence management to recover the financial losses suffered by the State institutions There are other matters listed in the Special Court which are still awaiting adjudication for a combined value of R2 1 billion and will result in further recoveries for the State Meanwhile the SIU made disciplinary referrals to DWS against two senior officials The SIU has been informed that the DC against one senior official has been concluded and a trial is expected within this week while the DWS is considering disciplinary action against the other official The SIU has also forwarded evidence pointing to criminality to the NPA AFU and SARS The references are in line with the SIU Law 74 of 1996 nbsp
    Water and Sanitation on Concluded Software License and Support Agreement Contracts
     Two software license contracts and support agreements concluded between the Department of Water and Sanitation DWS and Systems Applications Products SAP worth over R1 billion have been declared constitutionally invalid and annulled by the Special Court The Special Court s order follows an intensive investigation by the Special Investigation Unit SIU into the DWS affairs which revealed that the department irregularly concluded software license and support agreements between 2015 and 2016 with SAP a multinational company of software The SIU challenged DWS and SAP with evidence of wrongdoing and by agreement the SIU along with DWS and SAP declared the contracts invalid and illegal The agreement was made at the order of the Special Court On March 15 2022 the Special Court ordered SAP to reimburse DWS the amount of R413 million from the R1 036 000 000 software license agreements The R413 million represents the full amount paid by DWS to SAP under the 2015 and 2016 software license and support agreements The Special Court further ordered SAP to pay DWS R 263 282 173 78 within five days of the date of the Order with the remainder to be paid after the Special Court determined whether any additional amount should be deducted from the amount owed Under the Special Court order DWS may not use any software licensed under the 2015 and 2016 license agreements The disputed amount of approximately R83 million for third party costs incurred by SAP and the non profit principle will be adjudicated by the Special Court and a new order will be issued on the reimbursement of any part of the R83 million to DWS The SIU and DWS welcome the Special Court s order as it sends a strong message to officials and companies doing business with the State that collusion and unethical business practices will not be rewarded The result of the Special Court s order is a continuation of the implementation of the results of the SIU s investigation and consequence management to recover the financial losses suffered by the State institutions There are other matters listed in the Special Court which are still awaiting adjudication for a combined value of R2 1 billion and will result in further recoveries for the State Meanwhile the SIU made disciplinary referrals to DWS against two senior officials The SIU has been informed that the DC against one senior official has been concluded and a trial is expected within this week while the DWS is considering disciplinary action against the other official The SIU has also forwarded evidence pointing to criminality to the NPA AFU and SARS The references are in line with the SIU Law 74 of 1996 nbsp
    Water and Sanitation on Concluded Software License and Support Agreement Contracts
    Africa9 months ago

    Water and Sanitation on Concluded Software License and Support Agreement Contracts

    Two software license contracts and support agreements concluded between the Department of Water and Sanitation (DWS) and Systems Applications Products (SAP) worth over R1 billion have been declared constitutionally invalid and annulled by the Special Court.The Special Court's order follows an intensive investigation by the Special Investigation Unit (SIU) into the DWS affairs, which revealed that the department irregularly concluded software license and support agreements between 2015 and 2016 with SAP, a multinational company. of software. The SIU challenged DWS and SAP with evidence of wrongdoing and, by agreement, the SIU along with DWS and SAP declared the contracts invalid and illegal. The agreement was made at the order of the Special Court.On March 15, 2022, the Special Court ordered SAP to reimburse DWS the amount of R413 million from the R1,036,000,000 software license agreements. The R413 million represents the full amount paid by DWS to SAP under the 2015 and 2016 software license and support agreements.The Special Court further ordered SAP to pay DWS R 263 282 173.78 within five days of the date of the Order, with the remainder to be paid after the Special Court determined whether any additional amount should be deducted from the amount. owed. Under the Special Court order, DWS may not use any software licensed under the 2015 and 2016 license agreements.The disputed amount of approximately R83 million for third party costs incurred by SAP and the non-profit principle will be adjudicated by the Special Court and a new order will be issued on the reimbursement of any part of the R83 million to DWS.The SIU and DWS welcome the Special Court's order as it sends a strong message to officials and companies doing business with the State that collusion and unethical business practices will not be rewarded.The result of the Special Court's order is a continuation of the implementation of the results of the SIU's investigation and consequence management to recover the financial losses suffered by the State institutions. There are other matters listed in the Special Court which are still awaiting adjudication for a combined value of R2.1 billion and will result in further recoveries for the State.Meanwhile, the SIU made disciplinary referrals to DWS against two senior officials. The SIU has been informed that the DC against one senior official has been concluded and a trial is expected within this week, while the DWS is considering disciplinary action against the other official. The SIU has also forwarded evidence pointing to criminality to the NPA, AFU and SARS. The references are in line with the SIU Law 74 of 1996. 

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