South African President invites investors to explore business opportunities in the country
September 2, 2021, 3:18 am

South African President invites investors to explore business opportunities in the country

African countries-

The Xinhua reported, South African President Cyril Ramaphosa on Wednesday invited investors to explore vast business opportunities in the country's sectors including mining and agriculture as the government has kept improving the business environment.

According to the Xinhua, Ramaphosa made the remark marks at the Limpopo Provincial Investment Conference held Wednesday and Thursday.

The president said: "As government, we are working to improve the investment climate and reduce the cost of doing business. We are undertaking far-reaching structural reforms in the energy, transport and water sectors -- all of which are important for the industries with the highest potential for growth in Limpopo. We have already taken several steps to achieve security of electricity supply for the whole country."

Ramaphosa said the country have a favorable tax regime, sophisticated financial sector to manage complex transactions and an independent judiciary able to enforce legal provisions and contracts.

He pointed out that there are opportunities in mining and mineral beatification, agriculture and agro-processing, renewable and alternative energy and information and communications technology.

Limpopo Premier Chupu Mathabatha also invited investors to partner with the government in the special economic zones (SEZ) and mining sector, saying that there are opportunities in manufacturing, agro-processing, automotive, steel, pharmaceutical and logistics.

Mathabatha said: "We have placed the Musina-Makhado SEZ project as our apex priority. We therefore, continue to invite investors to partner with us in making this project a resounding success it is destined to be. I can confirm that the opportunities in the Musina-Makhado SEZ project are in abundance."

Source: xinhua

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”