SA raises concern over Afghan crisis

South Africa has expressed concern at the plight of citizens who seek safety and security among the deepening crisis in Afghanistan.

“The South African government has taken note of the unfolding situation in Afghanistan and is particularly concerned by the plight of thousands of displaced Afghanis seeking safety and security amid the deepening crisis in Afghanistan,” said the Department of International Relations and Cooperation.

This as media reported that the Taliban took over the capital Kabul and that President Ashraf Ghani fled the country, with some Afghani cities taken over by the Taliban.

In a statement on Tuesday, the South African government called on the authority in power to ensure that the rule of law, human rights and safety of all Afghans and foreign nationals alike are protected.

“We wish to appeal to all military and security groups to exercise the utmost restraint and protect the lives and property of the people.

“The South African government furthermore encourages all Afghan parties involved in the internal conflict to ceaselessly search for a solution through dialogue, restoration of stability and an orderly transition to a new government.”

The department said South Africans in Afghanistan could contact its consular section.

“The Department of International Relations and Cooperation have established, via the South African High Commission in Islamabad, Pakistan, that they are in contact with a number of South African nationals based in Afghanistan to ensure their safety and provide the necessary consular assistance.”

Source: South African Government News Agency

UP launches diabetes research centre

The University of Pretoria (UP) has launched South Africa’s first exclusive Diabetes Research Centre at a public academic institution.

Approved by the university senate in November last year, the centre is a collaborative initiative that brings together all the research happening in silos in different departments.

The centre’s Senior Project Manager, Dr Patrick Ngassa Piotie, said that although housed in the Faculty of Health Sciences, the centre adopts a transdisciplinary approach and works across faculties to develop research that aims to improve the lives of people living with diabetes.

“It is a holistic approach to address the challenges around diabetes, from prevention to care, and will lead to a new vision in diabetes research,” Piotie said.

Diabetes, which is caused by too high blood glucose levels, is the second most common natural cause of death in South Africa, where 4.6 million people live with the condition.

According to the Department of Health, only 19% of people with diabetes treated in the public health system manage to control their glucose levels. The uncontrolled diabetes can lead to strokes, blindness, heart attacks, kidney failure or amputation.

Dr Piotie explained that the centre’s research strategy is organised around six clusters, including the prevention of diabetes; diabetes management in primary healthcare; its management in hospitals; gestational diabetes (developed during pregnancy); diabetes in children and adolescents; and diabetes technology.

“The centre’s main project to date is the Tshwane Insulin Project (TIP). Punted as “translational research in its prime”, it is impacting the lives of South Africans living with type 2 diabetes as they transition from oral drugs to insulin through the implementation of a nurse-driven, app-enabled and community-oriented intervention.

“One of the centre’s mandates is academic development. Being a university, we want to keep producing scientific knowledge that is relevant and impactful. In the long term, we want to develop researchers, a new generation of African investigators in translational and health systems research, and implementation science,” Dr Piotie said.

He noted that the centre has already received a number of proposals, including one from UP’s Department of Psychology, to look at the challenges people with diabetes experience in adopting healthy eating habits and taking up exercises.

“Existing research includes a study by Dr Maria Karsas of the Department of Paediatrics and Child Health on COVID-19 and diabetes, a PhD in dietetics on the dietary implementation of glycaemic load on blood glucose control of patients with diabetes, and tech-based solutions to disease management, such as the use of sensors to monitor glucose continuously in patients admitted to hospital in a diabetic coma,” Dr Piotie said.

Another use of technology that the centre will pioneer includes telehealth, where healthcare is provided remotely by means of telecommunication tools, including phones or smartphones.

The Senior Project Manager said these services can include patient education or consultations with a specialist, a crucial aid in the South African public healthcare environment where there is often a shortage of health professionals.

“The centre recently obtained approvals from the Faculty of Health Sciences’ Research Ethics Committee as well as the Tshwane Research Committee to pilot a screening programme for diabetes retinopathy using telehealth and artificial intelligence. Primary care patients will have access to a state-of-the-art camera that detects eye damage due to diabetes,” he said.

In addition to its research activities, Dr Piotie said the centre will offer healthcare providers training, including a three-day workshop on diabetes and insulin management for nurses in primary care to be administered by Enterprises UP.

Source: South African Government News Agency

R340 million funding for SA businesses

Trade, Industry and Competition Minister Ebrahim Patel has announced the new JP Morgan funding facility to the tune of R342 million for South African businesses, under the Equity Equivalent Investment Programme (EEIP) to boost the industrial and green economy sectors.

“The boost to manufacturing in particular is timely as one of the key lessons of the COVID-19 period has been the value of having domestic industrial capabilities,” Minister Patel said on Tuesday.

Making the announcement, Patel said JP Morgan becomes the first international investment bank to undertake an EEIP programme alongside government through the R340 million commitment. This is in grants and loans that has been projected by JP Morgan to unlock and up to R2 billion in capital or financing for short, medium- and long-term funding over an eight-year period.

Patel explained that the funding is intended to support small and medium-sized businesses in sectors of significant public importance, ranging from transactions in the green economy to funding for firms with manufacturing operations.

“South Africa needs more jobs for young people and deeper levels of industrialisation. This transaction will give a boost to the country’s localisation efforts, creating employment and helping to strengthen economic output.

“I welcome the commitment to the creation of 1 000 new jobs and the focus on supporting a segment of the market that is not adequately served by the financial system,” he said.

The Minister said the funding will facilitate an injection into the South African economy aimed at small and medium-sized enterprises (SMEs) who face critical funding challenges or who might not meet the traditional underwriting criteria of the commercial banks.

“The terms on which this funding will be extended is concessional and includes limited security requirements and loan repayment holidays that respond to the life stage of the enterprises supported and the operational challenges they might face.

“In this regard, it is intended to be ‘responsive’ funding. Responsive to the demand challenges the OECD flags in its scorecard on SME financing in South Africa,” Patel said.

Generating jobs

Patel said the support to more than 500 businesses that the Fund is targeting is intended to generate more than 1000 jobs, the bulk of which will come from the green and industrial sectors of the economy.

“The sum committed by JP Morgan is equivalent to the calculated cost of financing an equity holding of 22% by black South Africans in the local operations of JP Morgan, based on a modeling exercise undertaken by the parties,” the Minister said.

He said recent unrest in Gauteng and KwaZulu-Natal, is indicative of the challenges that remain.

Many of the affected firms, especially the small and medium sized firms, are the typical candidates who would benefit from the Abadali EEIP.

Grants

J.P. Morgan has already committed and made the funds available to the Abadali EEIP, which will allow for applications to be accepted immediately.

The Abadali Grant will also extend grants of R40 million towards developing black enterprises into sustainable and successful businesses with a focus on supporting entrepreneurship, and advancing jobs and skills for in-demand sectors like the digital and the green economy.

Medium-to long-term finance will be offered at significantly subsidised rates to businesses with revenue starting from R1 million that require funding for two to five years.

The eligible, selected businesses will be majority black owned and managed enterprises with a track record of at least 12 months of trading.

“The Ministry, alongside our counterparts in the Department of Small Business Development and our funding agencies, will have more to say in the period ahead about the funding measures in response to the unrest.

“We remain committed to ensuring that we support the rebuilding and restoration efforts of firms in these affected areas and will ensure that support is readily available to assist in these reconstruction efforts,” Patel said.

Source: South African Government News Agency

Alleged tax fraudsters appear in court

Two suspects have appeared in the Nelspruit Magistrate’s Court on charges of fraud, money laundering and theft, alternatively contravening the provisions of the Tax Administration Act.

“This followed their arrest by the members of the Hawks’ Serious Commercial Crime Investigation team shortly before their court appearance,” said Hawks spokesperson Captain Dineo Lucy Sekgotodi on Tuesday.

The pair appeared in court on Monday.

The accused registered the company called Fundzani Trading CC in March 2018. It is alleged that 41 year-old Rejoice Sindisile Magagula who was the owner of the company subsequently submitted false and unlawful tax returns to the South African Revenue Service (SARS), claiming and prejudicing the revenue service an actual loss of more than R203 681.

After receiving the money, she transferred some of the money to Matilda Velelent Shongwe.

The accused were released on R2000 bail each and the case was postponed to 15 September 2021.

Source: South African Government News Agency

Stevie® Awards Announce Winners in 18th Annual International Business Awards® from Across the Globe

Businesses Honored for Achievements Amidst COVID-19

Stevie Award Winners

2021 Stevie Award Winners will be celebrated at a virtual awards gala on December 8.

FAIRFAX, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) — High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 18th Annual International Business Awards®, the world’s only international, all-encompassing business awards program.

Winners were selected from more than 3,700 nominations submitted by organizations in 65 nations.

A complete list of all 2021 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

More than 260 executives worldwide participated on 11 juries to determine the Stevie winners.

The top winner of Gold, Silver, and Bronze Stevies overall is Ayala Land of Makati City, Philippines with 34. Other winners of multiple Stevie Awards are LLYC (33), IBM (23), Viettel Group (22), HALKBANK (20), DHL Express Worldwide (16), Masks4Missions (16), Telkom Indonesia (15), Yapi Kredi (13), Wolters Kluwer (13), Jeunesse Global (11), Tata Consultancy Services (11), Dubai Municipality (10), Zer Central Services and Trade (10), Zimat Consultores (10), AXA Sigorta (9), Google (8), Ooredoo Group (8), Sberbank of Russia (8), Isbank (7), MTR Corporation Limited (7), Thai Life Insurance (7), pH7 Communications (7), Sleepem Global, Inc. (7), Ulled Asociadios C.R.P. S.A. (7), Uniomedia Communications (7), and VNPT VinaPhone Corporation (7).

LLYC, a global communications and public affairs consulting firm headquartered in Madrid, Spain won 14 Gold Stevie Awards, more than any other organization in the competition.

All organizations worldwide are eligible to compete in the IBAs, and can submit entries in a wide range of categories for achievement in management, marketing, public relations, customer service, human resources, new products and services, technology, web sites, apps, events, and more.

The awards will be presented during a virtual awards ceremony on December 8, 2021.

About the Stevie® Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Marketing Contact
Nina Moore
[email protected]
+1 (703) 547-8389

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/481046f1-ae07-4101-90b5-5dc3f84b9676

Crocus Technology Unleashes the World’s Fastest and Most Accurate XtremeSense® TMR Current Sensor with No Performance Compromises

The CT430 and CT431 enables design engineers to simplify their product design while still achieving higher efficiency solutions

SANTA CLARA, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) — Crocus Technology Inc., the leading supplier of disruptive Tunnel Magneto-Resistance XtremeSense™ TMR sensors, today announces the CT430 and CT431 isolated current sensor with 1MHz bandwidth and <1% total error over the full temperature range. The high speed operation and accurate output allow customers to optimize system design for smaller size and higher efficiency. In contrast to existing designs that utilize a Hall Sensor, the XtremeSense™ TMR sensor enables a no-compromise design solution by combining high bandwidth response and high accuracy.

The CT43x products are coreless devices which utilize Crocus’ state-of-the-art XtremeSense™ TMR technology to detect extremely small variations in AC or DC currents while achieving an unprecedented total output error of less than 1.0% over the full temperature range from -40°C to +125°C. In addition, the CT43x has robust built-in immunity to common-mode fields which allows the device to reject > 99% of stray fields without the need for external shielding.   The Crocus proprietary TMR technology inherently offers very high signal-to-noise ratio (SNR) which allow for high resolution measurements required for precision control or monitoring applications. The linear error and offset performance is intrinsically more accurate permitting the elimination of system level calibration normally done with an external voltage reference, thus freeing up processor time and simplifying system design. “I’m excited to introduce this truly differentiated current sensor product which highlights the benefits the Crocus XtremeSense™ TMR technology can bring.” states Zack Deiri, President and CEO of Crocus Technology. “Our customers have been astounded by the level of performance we are able to deliver in their applications. The combination of high response time and accuracy provides system designers the flexibility they have been eager to achieve without any compromises.”

Product features and performance:

CT430 (5V version), CT431 (3.3V version)

Integrated 0.5mΩ conductor enabling 20A, 30A and 50A applications

Total error output +/-0.7% (typ)

300ns response time, 1MHz bandwidth

Low noise 9mArms

Integrated Common Mode Field Rejection (CMFR) with > 99% immunity

Over-Current Detection output pin

Investments made last year to expand our production capacity has enabled Crocus to be prepared to support high volume production today. To date we have shipped over 50M XtremeSense™ TMR sensors, and our customer base continues to rapidly expand. Products like the CT430 and CT431 which have an industry standard footprint enable customers to easily upgrade their existing products and accelerate product adoption.

Targeting applications in Solar Power Inverters, Power-Factor Correction (PFC), Battery Management Systems (BMS), Smart Appliances, IoT, and Power Supplies applications. These state-of-the-art devices are perfect companions to emerging applications utilizing GaN and SiC power devices where the fast response time of the Crocus TMR current sensors will ensure the highest operational efficiency.

The CT430 and CT431 are available in an industry standard 16-lead SOIC-Wide package with dimensions of 10.20 10.31 2.54 mm. Samples and evaluation boards are currently available, and the devices will be in full production in August 2021. For more information on the CT430 and CT431 products, please visit the product webpage:

CT430 https://crocus-technology.com/products/ct430/

CT431 https://crocus-technology.com/products/ct431/

About Crocus Technology

Crocus Technology develops and manufactures state-of-the-art magnetic sensors based on its patented XtremeSense™ TMR sensor technology. Crocus’ disruptive magnetic sensor technology brings significant advancements to IoT and smart devices, industrial, consumer, medical, and automotive electronics applications demanding high accuracy, high resolution, stable temperature performance, and low power consumption. Crocus is headquartered in Santa Clara, California. For more information, please visit http://www.crocus-technology.com.

© 2021 Crocus Technology International Corp. All rights reserved. Crocus Technology, XtremeSense and combinations thereof are trademarks of Crocus Technology Inc. and Crocus Technology SA. Other names are for informational purposes only and may be trademarks of their respective owners.

For more information, please contact:

Elsa Magnani
Crocus Technology
Tel: +1-208-999-6643
Email: [email protected]