July 21, 2022 – South Africa Vision

July 21, 2022

Huawei: Shaping Smarter, Greener Finance Together

SINGAPORE, July 21, 2022 /PRNewswire/ — July 20, the three-day Huawei Intelligent Finance Summit 2022 officially begins at Sands Expo and Convention Centre. Under the theme of “Shaping Smarter, Greener Finance”, the summit is bringing together financial industry leading figures, KOLs, academic experts, and innovative practitioners from more than 30 countries around the world to discuss the future development of the financial industry, exploring how to build smarter and greener finance together.

Huawei proposed three core elements for gaining competitiveness in the financial industry, upon the arrival of the super digitalization era

With the fully connected intelligent world on its way, both the economy and society are transforming towards two major trends of digitalization and sustainable development. In face of changing financial service scenarios and business models in the digital era, the financial industry is met with a growing demand for rapid business innovation and ultimate customer experience, which further speeds up its pace of transformation. To cope with the complex and dynamic nature of digital transformation, it is necessary for the financial industry to rebuild its core competitiveness amidst the digital era in order to realize the vision of intelligent finance.

“Better connections, stronger intelligence, and more scenarios are the key to building competitiveness of digital finance,” Ryan Ding, President of the Huawei Enterprise BG, pointed out, “Following the concept of co-creation, sharing, and win-win, we are working with our customers and partners in finding a way towards Shaping Smarter, Greener Finance, Creating New Value Together.”

Huawei announced three strategic initiatives, advancing the digitalization of the financial industry in the new era.

Jason Cao, CEO of Huawei Global Digital Finance said in his speech, “Technology, especially the connection and intelligence, continues to drive the development of the financial industry. In 2022, we have officially entered into the ZFLOPS era for AI computing power. With the development of AI, we will embrace super-personalization. By 2025, more than 100 billion physical connections will lead to financial services for ‘things’. In the future, smart contract will enable intelligent decision-making possible everywhere. New service and product models will emerge one after another. However, end-to-end user experience, real-time processing of massive data, and O&M and management of more complex networks and multi clouds will all become challenges for the financial industry. We are facing opportunities as well as challenges. ”

To build smarter and greener finance based on better connections, stronger intelligence, and more scenarios, Huawei announced three strategic initiatives for the financial sector during the summit.

Smarter: smarter customer engagement solutions to improve digital experience; data and intelligent converged platform to build real-time data capabilities; hybrid multi-cloud architecture to make cross-cloud management easier and services more agile.
Greener: autonomous digital infrastructure to help financial institutions achieve high efficiency, availability, and performance and facilitate collaboration of multi-technology, heterogeneous technology, and hybrid multi-cloud.
Together: Build a global ecosystem cooperation platform and put forward three upgraded initiatives for the Financial Partner Go Global Program 2.0 (FPGGP): develop more solution partners; expand FPGGP to global consulting and service partners; develop local sales and service partners for providing FPGGP solutions locally.

Working with global clients and partners, shaping smarter and greener finance

During the summit, Huawei and DBS announced the establishment of the Innovation Showcase at DBS Newton Green.

Huawei also signed a Memorandum of Understanding (MOU) with OCBC Bank to bolster the bank’s digital transformation in Southeast Asia and the Greater Bay Area in three key initiatives: Green Branch and Buildings with Smart IoT; Data Science and Artificial Intelligence (AI) Innovation and Cloud Adoption Acceleration.

Meanwhile, Huawei released the Digital Banking 2.0 Solution leveraging Temenos open platform. The solution supports the quick launch of digital banks and helps larger banks accelerate their modernization in the cloud. This greatly improves the rollout efficiency and customer satisfaction.

In the coming days, Huawei will sign a number of cooperation agreements with several financial institutions, and unveil a wide variety of products and solutions jointly created with partners, covering various business scenarios.

Photo – https://mma.prnewswire.com/media/1863821/image_1.jpg

July 21, 2022

Huawei Releases Digital Banking 2.0 Solution Leveraging Temenos Platform

SINGAPORE, July 21, 2022 /PRNewswire/ — During Huawei Intelligent Finance Summit 2022 — Huawei, launched the Digital Banking 2.0 solution leveraging Temenos open platform, and discussed with customers and top partners in the financial industry about how to build a cloud-native architecture to achieve business agility and industry innovation.

Digital banking is a global trend

Facing fierce competition with Internet giants, banks are transforming from providers of traditional financial services to those of new digital financial services based on the industry ecosystem. New technologies — such as cloud-native, open API, and big data — as well as the new economic environment have been driving digital banking to be open, intelligent with seamless integration capability.

Banks have to go digital to meet the various new requirements in new scenarios, and digital banking is an inevitable choice. Indeed, global digital banks have undergone explosive growth in recent years. According to the statistics of Simon-Kucher’s new bank database, 153 digital banks emerged in 2020 and 2021, and this number will continue to rise in the future.

Huawei releases Digital Banking 2.0 Solution leveraging Temenos open platform supporting banks’ architecture transformation and business innovation

Jason Cao, CEO of Huawei Global Digital Finance & Jimmy Ng, CIO and Head of Group Technology & Operations, DBS

During the summit, Huawei released the Digital Banking 2.0 Solution leveraging Temenos open platform. This new Digital Banking solution is an upgraded solution and uses Temenos open platform for composable banking to provide cloud-native, core banking functionality and data capabilities. The solution supports the quick launch of digital banks and helps larger banks accelerate their modernization in the cloud. This greatly improves the rollout efficiency and customer satisfaction.

Digital Banking 2.0 Solution enables fast service integration and rollout based on a cloud-native architecture, providing core banking functions for banks. The solution has the following key capabilities:

Pre-integrated: The solution certified with Temenos and other partners in the industry offers a complete and comprehensive function stack of digital banking for customers in different business scenarios, such as retail, corporate and Islamic banking, etc.
Agile: The solution provides composable banking services that allow new services to be developed and iterated through simple assembly. At the same time, the cloud-native system is highly scalable and cost-effective, requiring less initial investment.
Open: The platform provides open APIs for third-party invoking and integration. It enriches the ecosystem and supports more business scenarios. All of this results in improved system operational efficiency and user satisfaction.

Neo Gong, Senior Solution Director of the Huawei Enterprise BG Digital Finance, introduced, “Digital Banking 2.0 can be delivered in the SaaS or cloud foundation model. This solution helps customers improve their efficiency of business operations and cost management, so that they can focus more on service innovation and ecosystem development. Based on the collaboration with Temenos, a leading open platform for composable banking, this solution provides rich core banking functionality for banks.”

Through building an agile, elastic, secure and reliable cloud foundation, and integration with partners to build scenario-based financial solutions, Huawei is committed to further promote the development and innovation of financial services, shaping smarter, greener finance together.

About Huawei Intelligent Finance Summit 2022

Huawei Intelligent Finance Summit is Huawei’s annual flagship event for the global financial industry. HiFS 2022 runs from July 20 to 22 in Singapore. With the theme of “Shaping Smarter, Greener Finance”, Huawei Intelligent Finance Summit brings together leading figures, KOLs, academic experts, and innovative practitioners in the global financial industry to discuss how to shape green and digital finance in light of the future development trend of the financial industry. For more information, please visit: https://e.huawei.com/en/special_topic/Industry/finance/2022-finance-summit

Photo – https://mma.prnewswire.com/media/1863833/image.jpg

July 21, 2022

Darwin Aboriginal Art Fair set to showcase works from over 1,500 First Nations artists, represented by a record 76 community Art Centres from across Australia

DARWIN, Australia, July 21, 2022 (GLOBE NEWSWIRE) — Aboriginal and Torres Strait Islander creatives will be celebrated in Darwin, Australia, from 2-7 August in an unmissable showcase of art, design and culture at Darwin Aboriginal Art Fair (DAAF) Foundation’s series of iconic events.

The Darwin Aboriginal Art Fair (DAAF) is Australia’s largest and most celebrated First Nations visual art event, which will return for the 16^th year to run both online and in person this 5-7 August.

The internationally celebrated art fair sits alongside the Foundation’s two Indigenous Fashion Projects events, Country to Couture on the 2 August, and the National Indigenous Fashion Awards on the 3 August, bringing Australia’s most acclaimed and vibrant First Nations artists and designers to the national and global stage.

As the only Australian event of its kind, DAAF has secured a reputation as one of the country’s most significant and internationally recognised arts events, creating a unique opportunity to connect with, and ethically purchase art directly from Art Centres, as well as meeting the artists and learning firsthand about their cultural heritage, stories, history and traditional artistic practices through a range of masterclasses, talks and demonstrations.

DAAF 2022 is on track to be the most successful and widest reaching yet, with a record 76 Art Centres participating in the Foundation’s inaugural hybrid delivery of the event. In 2021, the Fair achieved a record $3.12 million AUD in sales with 100 per cent of profits going back to the Art Centres and their communities. The Fair itself takes no commission from artwork sold.

DAAF Foundation are proud to be part of a collective of organisations championing music, arts, and ideas from the world’s oldest living cultures. Taking place in Australia’s Top End each July-August, alongside DAAF Foundation’s renowned Fair and fashion events, will be:

Garma Festival | Yothu Yindi Foundation | 29 July – 1 August
Salon des Refusés | Salon Art Projects | 3-13 August
Telstra National Aboriginal & Torres Strait Islander Art Awards | Museum and Art Gallery of the Northern Territory | 5 August 2022 – January 2023
National Indigenous Music Awards | Music NT | 6 August

The first week of August is predicted to be one of the biggest showcases of First Nations talent in the world. Music, art and culture will collide as The Collective unifies to bring the public a unique experience across the creative industries in the Northern Territory.

For more information about the 16th Darwin Aboriginal Art Fair and for priority access to the digital Art Fair, visit daaf.com.au/register.

Georgina Dawson
[email protected]

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

July 21, 2022

Sport, Arts and Culture invites media to apply for Media accreditation for 2022 National Women’s Day Commemoration

Members of the media are invited to apply for accreditation to cover the National Women’s Day Commemoration taking place on 09 August 2022 at Bruntville Sports Ground, Mpofana Local Municipality, uMgungundlovu District in KwaZulu-Natal province.

Members who wish to cover this commemoration are therefore requested to complete the attached accreditation form & send it back to [email protected](link sends e-mail). The deadline for submission is Wednesday, 27 July 2022.

For further enquiries: Kindly contact Mr Madimetja Moleba, cell: 066 301 4675

Source: Government of South Africa

July 21, 2022

Gauteng Provincial Legislature convenes annual youth sector parliament, 22 Jul

The Gauteng Provincial Legislature (GPL) will on Friday, 22 July 2022 gather young people from across the province to participate in the Annual Youth Sector Parliament. The 2022 Annual Youth Sector Parliament will be convened under the theme “Gauteng Legislature, following up on our commitments to the Youth of Gauteng”.

The purpose of the sector parliament is to create and provide a platform for the youth of Gauteng to participate and debate issues relevant to them, and to propose solutions which will be tabled as House Resolutions which will then be referred to the various government departments and their agencies for action and implementation.

The Sector Parliament is an important platform for youth to address their elected public representatives in the Legislature and the Provincial Government – concerning their daily plight in this difficult economy.

The youth will propose solutions to their challenges and charge the Provincial Government to action these resolutions with set timelines and provide feedback. The youth gathered will also give a fresh mandate to the legislature as a watchdog for an efficient provincial government.

Topics to be debated during the 2022 Youth Sector Parliament are as follows:

Participatory Democracy: The importance of youth participation in politics and voting

The role of SMMEs in addressing youth unemployment

Availability and access to sport, arts, culture, and recreation facilities

The effect of youth unemployment on mental health

The proceedings of the Sector Parliament will be streamed live as follows:

YouTube: https://youtu.be/li_6eiQMryI(link is external)

Facebook: https://fb.me/e/26Ax84iOr(link is external)

Members of the media are invited to physically cover the Sector Parliament at the venue.

Details of the Sector Parliament are as follows:

Date: Friday, 22 July 2022

Time: 10h00

Venue: Vereeniging Civic Centre, Vereeniging

For interview requests with the Speaker please contact: Mr Thebe Khumalo on 072 266 1021 email: [email protected](link sends e-mail) or Ms Thabisile Nzuke on 082 619 4411 email: [email protected]

Source: Government of South Africa

July 21, 2022

Special Investigating Unit welcomes arrests of Lukhopes over PPE tender fraud

Special Investigating Unit (SIU) welcomes the arrests father and daughter over PPE tender fraud

The SIU welcomes the arrests of Makhonzandile Lukhope and his daughter Naledi Lukhope by the Hawks. The Lukhopes were arrested on charges of fraud, forgery and uttering to the value of R4 365 868.88 related to personal protective equipment (PPE) tender awarded by the Eastern Cape Department of Education (ECDoE) under the company names Amabongwe Building and Civil Contractors CC (“Amabongwe”) and Tsunami Civils.

The pair was arrested on Wednesday 20 July 2022 and appeared before the Zwelitsha Magistrates Court. They were both subsequently released on bail of R4000 and R2000 each. The matter has been postponed to 19 August 2022, Regional Court 5 in East London.

The arrests follow an SIU investigation authorized by the Proclamation R23 of 2020 by President Cyril Ramaphosa to investigate allegations of corruption, maladministration, malpractice and payments made by State institutions relating to PPE procurement together with the conducts of State employees.

The SIU investigation revealed that Mr Lukhope, through his company Amabongwe, allegedly committed fraud through a misrepresentation and with an intention to defraud the ECDoE. He unlawfully submitted a Contract of Lease, which had the effect of misrepresenting to the ECDoE that Amabongwe was operational in the Eastern Cape Province and had a business in the Province. This led to the ECDoE into awarding a contract to Amabongwe in the amount of R1 904 316.00.

Mr Lukhope also failed to disclose interest in Tsunami Civils, which belongs to his daughter, Miss Lukhope.

Furthermore, the SIU investigation revealed that Miss Lukhope, through her company Tsunami Civils, allegedly misrepresented and defrauded the ECDoE by unlawfully submitting a Contract of Lease, which had the effect of misrepresenting to the ECDoE that Tsunami Civils was operational in the Eastern Cape Province and had a business in the Province. Through the deceit, Miss Lukhope’s company received a total payment in the amount of R2 461 552.88, causing actual prejudice to the ECDoE.

All tenders awarded to the Lukhopes were restricted for businesses operating in the Eastern Cape.

In line with the Special Investigating Units and Special Tribunals Act 74 of 1996, the SIU referred evidence pointing to criminal conduct that was uncovered during the investigation to the attention of the National Prosecuting Authority (NPA) for further action.

Source: Government of South Africa