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Germiston police station temporarily closed

GAUTENG – Germiston Police Station will be temporarily closed for decontamination due to COVID-19 related matter.

The Community Service Center will be temporarily at the mess hall no: 10 long street Germiston

Telephone lines at Germiston SAPS Community Service Center will not be accessible during closure.

The SAPS management apologise for any inconvenience that may arise from this.

The Community is advised to contact the following numbers:

Lt Col Kgomo Acting- Vispol Commander: 083 336 2470

Colonel Pienaar – Detective Commander: 082 8228037

Colonel Tsheoga – Support Commander: 082 3321698

Relief Commanders: 071 675 7395

Standby duty Officer: 079 695 1789

Source: South African Police Service

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Eskom, Maluti-a-Phofung to finalise revenue collection agreement

Deputy President David Mabuza says processes are underway to finalise a service level agreement between Eskom and the Maluti-a-Phofung Local Municipality in the Free State, on the collection of debt owed to the power utility.

Responding to oral questions in the National Council of Provinces (NCOP), the Deputy President said the agreement is expected to be finalised by the end of the month.

“While the issue of the reliable provision of water has been one of the pressing issues in the municipalities due to constant interruptions of electricity, we found that the sustainable resolution of this issue will depend on resolving the municipal escalating debt to Eskom.

“In this regard, processes are underway to finalise the service level agreement between the municipality and Eskom, including modalities for collection of revenue as directed by the court on the 8th of June this month,” he said on Tuesday.

This comes after a protracted process that has seen Eskom initiating judicial processes with an aim of getting into an active partnership concept with Maluti-a-Phofung, where Eskom would act as an agent to collect revenue for the municipalities.

Prior to this, residents had opted to pay for electricity directly to Eskom as per an earlier court order.

As at 31 March this year, Maluti-a-Phofung owed Eskom R5.9 billion in unpaid debt.

Addressing NCOP delegates, the Deputy President said the process that is currently underway would lead to a sustainable resolution.

“This will result in the sustainable resolution of the municipal outstanding escalating debt, which impacts on the reliable provision of water, sanitation and other basic services.

“The public participation process on the details of this agreement has begun, and we expect this agreement to be signed before the end of the month.”

Meanwhile, the Deputy President called on residents to pay for services that they consume.

“We are also calling on our communities to pay for services. Pay for the water that we consume and pay for the electricity that we consume so that we are in a position to maintain the infrastructure,” he said.

Source: South African Government News Agency

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Police appeal for information to locate a missing woman

LIMPOPO – The Police in Lephalale are appealing to members of the community to assist in locating a 20-year-old woman, Raesetja Sabina Moraba from Onverwacht who reportedly went missing on 16 May 2021.

She was allegedly last seen going to the local Mall at about 14:00 driving in her mother’s Toyota Yaris vehicle, metallic green in colour with registration numbers DNG 094 L.

Moraba, a former student nurse at Randburg Medi-Clinic in Gauteng Province, was last seen wearing green tracksuit pants with maroon emblem and white All Star sneakers.

Anyone with information that can assist to find the missing woman should urgently contact the Investigating Officers Warrant Officer Selokela on 082 319 9450 or Detectives Commander, Lieutenant Colonel Hlungwane on 082 565 7968 or crime stop number 0860010111 or nearest police station.

Source: South African Police Service

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Vaccination gains momentum after setbacks

President Cyril Ramaphosa has confirmed that South Africa will receive two million vaccines from Johnson & Johnson (J&J) by the end of the month, as the country battles the third wave of COVID-19 infections.

“We have received an indication from Johnson & Johnson that it expects to deliver around two million vaccines to South Africa by the end of the month.

“The initial doses we receive from Johnson & Johnson will be used to vaccinate educators in our schools and thereafter, security personnel on the frontline.

In a televised address to the nation on progress in the national effort to curb the COVID-19 pandemic, President Ramaphosa said South Africa currently has the estimated capacity, at present, to vaccinate at least 150 000 people a day.

The President said plans are afoot to increase this to 250 000 a day, “as soon as possible”.

President Ramaphosa announced the move back to Alert Level 3 of the national lockdown in a bid to fight rising infections.

Setbacks

The rollout of the single-dose vaccine suffered some setbacks after the United States Food & Drug Administration (FDA) halted production following the investigation of good manufacturing practice (GMP) violations at the Johnson and Johnson factory in Baltimore, USA.

Because of these problems, two million vaccine doses that had already been produced are unusable.

However, President Ramaphosa said the issues surrounding productions have now been resolved.

“The Aspen plant in Gqeberha in the Eastern Cape is now able to go ahead and produce new doses,” the President said, noting that the multinational has committed to significantly ramp up production.

“Now that the delays in the supply of vaccines are largely resolved, our immediate task is to complete the vaccination of all those over 60 years of age without delay.”

Meanwhile, the President said by the end of June, South Africa expects to have received a total of 3.1 million Pfizer vaccine doses. This is in addition to nearly 2.4 million Pfizer vaccine doses that the country has received.

The President once again urged everyone above the age of 60 to register for vaccination, whether online, by SMS, phone or in person.

Healthcare workers

To date, 480 000 health practitioners have received the J&J vaccine under phase one of the country’s vaccination rollout programme.

“While it must be our unwavering determination to ensure that no healthcare workers are infected, [there] is a significant reduction in infections, which can be attributed to the success of the first phase of our vaccination programme.

“At a similar point in the rise of the second wave of infections in early December last year, there were 640 health care workers infected by COVID-19 over a seven day period.

“In the last seven days, only 64 health care workers have been infected,” said the President.

Meanwhile, a further 1.5 million health workers and people over the age of 60 have received the first dose of the Pfizer vaccine.

This brings the total number of people who have received a vaccine dose to almost two million.

“It must motivate us to accelerate the rollout of vaccines and to ensure that all people who are eligible register and receive the vaccine,” said President Ramaphosa.

The President said he was pleased that the pace of vaccination has steadily picked up, and that the country is inoculating around 80 000 people a day at 570 sites nationally.

“Although it has encountered several setbacks, our mass vaccination programme is gaining momentum,” the President said.

Source: South African Government News Agency

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FXCM launches ‘Client First, Trader Driven’ initiative, expanding product offerings and focusing on client service

LONDON and SYDNEY, Australia and JOHANNESBURG, South Africa, June 14, 2021 (GLOBE NEWSWIRE) — FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange (FX) trading, CFD trading, cryptocurrencies1 and related services, is launching an ambitious ‘Client First’ initiative that expands its product offering and boosts its client service as part of a brand refresh.

A key part of ‘Client First’ is a strong commitment to client service, as highlighted by its ‘client first, trader driven’ tagline in its new logo. FXCM has demonstrated this commitment so far in 2021, reporting that its average live-chat pick-up time was five seconds, while 100% of calls were answered in 45 seconds and emails replied to within a day.2

Over the past year the firm has rolled out popular and emerging products to the retail trading market, adding 79 products including share CFDs, cryptos1 and stock baskets across Europe, Hong Kong and USA. For example, a new stock basket product, Big China Tech (ATMX), combines the shares of Alibaba, Tencent, Meituan and Xiaomi, some of the biggest and most widely traded tech companies globally.

FXCM now offers multiple stock baskets to their retail clients, made up into the following: Big US Tech (“FAANG”), Esports & Gaming, Biotechnology, China Technology and China E-commerce, and now Big China Tech (ATMX). These baskets have proven to be popular with their clients and as a result the company is keen to proactively add new products and expand its competitive offering to reach a wider group of traders.

FXCM also enables its clients to invest in a range of globally listed companies such as Amazon and Tesla, large banks including Citigroup and JP Morgan and firms which have benefited from the work from home trend including Peloton and Zoom Video Communications.

Brendan Callan, CEO of FXCM, said: “We have been proactively rolling out new products, adding 79 products in 2021 so far and will continue to do so for the foreseeable future. With the world drastically changing how it communicates in the past year, we’ve also ramped up resourcing in our client service team. It is paramount that our people connect with our clients on every level from the moment they start their trading journey. Our commitment to top-notch service fosters trust and we look to build a strong connection with our clients through each stage of the trading experience. Our approach is simple: when our clients want to trade something, it should be available on our platform and when they need support, our team is there to help them.”

The firm also won a number of awards in the past year, including the Best Zero Commission* Broker in the ADVFN International Financial Awards 2021 and the Best FX Platform at the 2021 Online Personal Wealth.

1Cryptocurrency products are only available to Professional and Eligible Counterparty Clients under FXCM LTD.

2Jan – May 2021 FXCM Service data

*Award granted to the FXCM Group by ADVFN in March 2021. FXCM can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.

About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company’s mission is to provide global traders with access to the world’s largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Forex Capital Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73.42% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM EU LTD: CySEC license number 392/20 (www.fxcm.com/eu)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading CFDs.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM Australia Pty. Limited: AFSL 309763. You can sustain a total loss of deposits. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. If you decide to trade products offered by FXCM AU, you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business on www.fxcm.com/au.

FXCM South Africa (PTY) Ltd: FSP No 46534 (www.fxcm.com/za). Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

FXCM Markets Limited: Losses can exceed deposited funds. (www.fxcm.com/markets).

Media contact:

Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com

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Le projet solaire PV + stockage d’énergie de Cuamba démarre au Mozambique

MAPUTO, Mozambique, 14 juin 2021 /PRNewswire/ — Étape importante pour l’avenir énergétique propre, Globeleq, une compagnie d’électricité indépendante leader en Afrique, et ses partenaires de projet, Source Energia et Electricidade de Moçambique (EDM) ont célébré le début de la construction de la centrale solaire photovoltaïque de 19 MWp (15 MWac) de Cuamba et d’un système de stockage d’énergie de 2 MW (7 MWh).

Globeleq - Powering Africa's Growth

Le ministre des ressources minérales et de l’énergie, le Dr. Ernesto Max Tonela, était l’invité officiel sur le site de la centrale électrique à Cuamba où s’est déroulée la cérémonie. Le projet contribuera à la stratégie « Énergie pour tous » du gouvernement, qui vise à assurer l’accès universel à l’énergie d’ici 2030.

Le projet, s’élevant à un montant de 32 millions de dollars, est situé dans le district de Tetereane de la ville de Cuamba, dans la province de Niassa, à environ 550 km à l’ouest de la ville côtière de Nacala. Le projet est le premier IPP (producteur d’électricité indépendant) au Mozambique à intégrer un système de stockage d’énergie à l’échelle du service public et comprend une mise à niveau de la sous-station existante de Cuamba.  L’électricité sera vendue dans le cadre d’un contrat d’achat d’électricité de 25 ans avec EDM.

Le projet devrait bénéficier d’un financement par emprunt de 19 millions de dollars de la part du Fonds d’Infrastructure pour l’Afrique Émergente (« EAIF »), membre du Groupe Privé de Développement des Infrastructures (« PIDG »). En outre, le projet bénéficiera d’une subvention de 7 millions de dollars de la part du mécanisme de financement des déficits de viabilité (« VGF ») de PIDG et d’une subvention de 1 million de dollars de CDC Plus afin de permettre un tarif abordable et le système de stockage d’énergie.

Jonathan Hoffman, directeur du développement de Globeleq, a commenté : « Ce projet est précurseur en matière de stockage d’énergie à l’échelle industrielle au Mozambique et dans la région. Cuamba Solar, ainsi que tous les projets énergétiques sur lesquels nous travaillons, sont des preuves de notre engagement permanent à contribuer à la sécurité énergétique à long terme et au développement du pays sur une voie à faible émission de carbone. »

Globeleq et Source Energia développent également l’un des premiers projets éoliens au Mozambique, situé près de la ville de Namaacha, à 40 km à l’ouest de Maputo.  En outre, Globeleq s’est récemment préqualifié pour être en charge du projet d’énergie solaire de 40 MWp de Dondo dans la province de Sofala et a été sélectionné pour deux projets solaires de 15 MWp dans l’Eswatini voisin.

Pedro Coutinho, partenaire fondateur et directeur général de Source Energia, a ajouté : « Source se réjouit d’avoir franchi cette étape importante au Mozambique et dans la province de Niassa avec le projet photovoltaïque et de stockage d’énergie de Cuamba. Nous nous engageons à travailler en restant orientés vers le développement de projets conformes aux objectifs énergétiques du Mozambique en matière d’accès universel, sous la direction d’EDM. »

Marcelino Gil, le président d’EDM a expliqué l’engagement d’EDM en faveur du mix énergétique du pays, fondé sur l’abondance des ressources du Mozambique, avec la volonté de promouvoir les énergies propres et renouvelables en vue de l’accès universel à l’énergie pour tous les Mozambicains d’ici 2030.

Selon les prévisions, le projet nécessitera environ 100 travailleurs pendant la construction, dont un grand nombre proviendront de la collectivité locale. La société espagnole TSK a été désignée comme entrepreneur EPC (Ingénierie, Approvisionnement et Construction) du projet.  Globeleq, avec le soutien de Source Energia, supervisera la construction et l’exploitation de la centrale électrique.

À propos de Globeleq

Globeleq est un leader en matière de développement, promotion et gestion de production d’électricité en Afrique. La société dispose d’une capacité de production d’électricité de plus de 1400 MW dans le cadre de 28 projets au Cameroun, en Côte d’Ivoire, au Kenya, au Nigeria, en Afrique du Sud et en Tanzanie. Avec 305 MW supplémentaires en cours de construction au Kenya (52 MWp solaire) et en Côte d’Ivoire (253 MW), et 2000 MW de projets en cours de développement, Globeleq a un engagement à long terme dans le secteur de l’électricité en Afrique. www.globeleq.com

À propos de Source Energia :

Source Capital est une société indépendante de capital-investissement fondée en 2015, qui recherche des actifs investissables dans l’immobilier, l’énergie et le capital-investissement en général à travers l’Afrique lusophone, principalement au Mozambique et en Angola. L’énergie est un secteur stratégique et Source Energia a été créée en tant que plateforme diversifiée d’énergie renouvelable axée sur le développement, la gestion, l’exploitation et la maintenance de projets à grande et petite échelle en réseau et hors réseau. www.source.capital

À propos d’EDM

Electricidade de Moçambique E.P. (EDM) est la compagnie d’électricité appartenant à l’état créée en 1977, deux ans après l’indépendance du Mozambique.  EDM est l’acheteur central d’électricité, l’opérateur du système, le gestionnaire du réseau de transport et de notation et l’exploitant de l’infrastructure de distribution de l’énergie au Mozambique. EDM produit, transporte, distribue et vend de l’électricité au Mozambique. www.edm.co.mz

Logo – https://mma.prnewswire.com/media/612609/GLobeleq_Logo.jpg