Daily Archives: May 18, 2018

Hisense announces global availability of new 80-inch laser TVs

The new-generation TV is expected to achieve rapid growth

BEIJING, May 18, 2018 /PRNewswire/ — Hisense, an official sponsor of the 2018 FIFA World CupTM, launched the new 80-inch L5 laser TV in Beijing on May 17. With highly affordable pricing, the new product is well within the reach of families with modest incomes. With the World Cup just around the corner, the revolution of the home theater in the Chinese living room has officially been launched.

Hisense announces global availability of 80-inch 4K laser TV

Technology can be life-changing. To date, the popularity of laser televisions was hobbled by two drawbacks, the lack of brightness in the image and the extravagant price. The newly launched L5 laser TV solved these two pain points. The model comes with 400 nit brightness, a substantial increase over all existing laser models, as well as a new generation custom-made Danish DNP high gain anti-light hard screen, enabling a clear picture display no matter how bright the surrounding light. As the centerpiece of a home theater, the super large screen can be viewed comfortably without needing to draw the curtains or close the shutters. As the TV is powered by a reflective light source which is comfortable to the eyes rather than dazzling, despite the 80-inch height, the screen can be viewed comfortably even when sitting as close as 3 meters (approx. 10 ft.), greatly reducing the amount of living space that would need to be set aside as a viewing area for the home theater. The second barrier to laser TV ownership has been done away with: a price tag of 19,999 yuan (approx. US$3,140) allows the laser model to become a “successor of first choice” and augurs Hisense’s comprehensive participation in the large screen television market.

With the Russian World Cup just about to kick off, the demand for large-screen and high-definition smart TVs is on track to explode. The brand new VIDAA AI system that comes with the Hisense L5 laser television is equipped with such features as automatic sports mode, star recognition and screenshot sharing of wonderful moments, transforming the unit into your best game watching companion.

The launch of Hisense L5 laser TV is expected to usher in a trend of large-scale replacement of TVs in Chinese households. Hisense expects laser television to become the big disruptor in the home theater market for 2018.

Photo – https://mma.prnewswire.com/media/693001/Hisense.jpg

Minister Gugile Nkwinti delivers 2018/19 Water and Sanitation Budget Vote, 22 May

Minister Nkwinti to deliver the 2018/19 Budget Vote Speech

The Minister of Water and Sanitation, Mr Gugile Nkwinti will outline the Department’s plans for the 2018/19 financial year during his Budget Vote presentation in the National Assembly on Tuesday, 22 May 2018 at 10h00.

Before the Budget Vote presentation, Minister Nkwinti, joined by Deputy Minister, Ms Pamela Tshwete, will brief the members of the media on the priorities of the 2018/19 financial year and the achievements of the previous year.

Source: Government of South Africa

Minister Dipuo Letsatsi-Duba: 2018/19 State Security Dept Budget Vote media briefing

Today we tabled our Budget Vote and Policy Statement for the 2018/2019 financial year and set out a clear programme of action for the year ahead.

Key to our message is the need to restore the purpose and mission of our existence as a civilian intelligence service in a constitutional democracy. We acknowledge the failures in the governance and operational capacity of our agency, informed by the reflection done by HE President Cyril Ramaphosa during his State of the Nation Address on the need to restore the integrity, credibility and trust of public institutions which are charged with very critical mandates in our constitutional democracy.

We announced bold decisions which speak to the directive given by the President, guided by the Constitution on the interventions required. These include:

Ensuring that we are swift in supporting the establishment of the Review Panel announced by the President which will assess the structure of the Agency in relation to its mandate and inquire into its systems and capacity.

Ensuring that we reconstruct the Agency, arrest the rot while ensuring at the same time that corporate governance and efficiency is enhanced.

Implementing cost cutting measures without compromising service delivery while enhancing levels of accountability.

Improving our cooperation with all oversight bodies and respecting their different mandates as expressly provided for in our Constitution. This will entail, amongst others, working with the Joint Standing Committee on Intelligence to introduce legislative and regulatory amendments to strengthen independence of the office of the Inspector General of Intelligence.

Professionalising the service to ensure that there is no place for rogue elements within our intelligence services. We however wish to salute all our Members who work very hard often in difficult conditions to safeguard this country.

Strengthening financial management of the institution, particularly in relation to the management of operational funds.

These are some of the interventions we will make in our quest to restore the integrity, credibility, operational capability as well as public’s confidence in our intelligence service and the critical role to be played by the public in ensuring the safety and stability of our country and safeguarding our constitutional democracy.

Alongside this work, the Agency will continue to discharge its constitutional and lawful mandate in relation to counter intelligence measures amongst other things.

These include:

Fighting corruption which poses the most significant threat to our national security and the well-being of our people.

Support the Commission of Inquiry into State Capture which is critical in ensuring that the extent and nature of state capture is established, that confidence in public institutions is restored and that those responsible for any wrongdoing face the consequences thereof.

Assisting the Independent Electoral Commission in ensuring that its systems and procedures are free of any form of vulnerability ahead of the 2019 general elections

Working with the Justice and Criminal Security Cluster to ensure conditions of national stability and supporting work to improve the security of our border environment.

Enhancing our vetting capacity to respond to weaknesses in the state and state owned enterprises (SoEs).

Effective implementation of the National Counter-Terrorism Strategy. In this regard, will also continue the partnerships that we have established with a number of community and civil society structures as well as our international partners.

Supporting government’s foreign policy work that advances our national interests

In any democratic society, and in particular in today’s globally integrated world, intelligence has a crucial role to play in the protection of our constitutional order, the provision of forewarning on threats to our democratic rights and values and in assisting with the economic development of our country through the identification of opportunities.

We therefore wish to call on all South Africans, in the spirt of Thuma Mina, to become part of the solution in creating conditions of stability and a safe and secure country.

We should all be part of the defence of our country, South Africa!

Source: Government of South Africa

President Cyril Ramaphosa addresses Volvo Group Southern Africa’s Youth Employment Initiative event in Durban, 19 May

President Cyril Ramaphosa will tomorrow, Saturday, 19 May 2018, address the Volvo Group Southern Africa’s Youth Employment Initiative event to be held at its assembly plant in Durban, KwaZulu-Natal.

Volvo’s initiative is in line with the Youth Employment Service (YES) led by President Ramaphosa, that aims to see more than one million young South Africans being offered paid work experience over the next three years, as part of placing the needs of and opportunities for young people at the centre of inclusive economic growth.

The YES initiative takes the form of a partnership between government, business, labour and civil society and has three channels through which employment opportunities can occur:

Corporate work experiences: businesses that participate in the programme create one-year paid positions for youth aged between 18 and 35, in addition to these organisations’ current employment numbers, YES is additive;

SMME host placements: businesses that do not have the capacity to place more people in their organisations, have the option of sponsoring the salary for a one-year placement in small and medium enterprises (in year one for 7 to 10 months); and

SMME development: young people are empowered to start and grow their own businesses, with support from YES in the form of training, seed funding and value-chain integration.

Volvo Group Southern Africa plans to invest an added over R20 million during 2018 on apprenticeship training, automotive industry learnerships, disabled person learnerships, as well as internships. It has already invested more than R86 million since 2015.

The plant’s positioning in the Durban’s south industrial basin is part of a major industrial expansion as it forms a part of other automotive companies who have invested in this area and boosts the economy of the province and by extension of the country.

Volvo will continue their involvement in the Star for Life programme and plans to invest over R7.8 million in this non-profit organisation’s initiative that provides young people in Southern Africa with essential life skills, sport training and health education.

The event tomorrow will be attended by matric and TVET students.

Source: Government of South Africa

Tourism invites applications for Tourism Transformation Fund

Tourism transformation fund opens for applications

The Department of Tourism has established a fund to help black-owned enterprises to benefit from South Africa’s growing tourism sector. Securing funding has been identified as a major obstacle to establishing new businesses and to growing existing tourism enterprises.

To address this challenge, the Department of Tourism has collaborated with the National Empowerment Fund to introduce the Tourism Transformation Fund, a dedicated capital investment mechanism that will support black investors and communities to develop and expand tourism related projects.

The Fund aims to drive transformation in the tourism sector directly. It is eventually expected to give rise to a new generation of black-owned youth, women and community based tourism enterprises to take the tourism sector to new heights.

“This fund will help us to put the National Tourism Sector Strategy into action,” said Tourism Minister Derek Hanekom.

“Tourism in South Africa is on the rise. International arrivals grew by about 7% last year. The growth we are achieving must become inclusive growth. We are determined to spread the benefits of tourism to more black people, especially the youth, women and those living in rural areas, where there is potential for tourism development.”

Applications for funding are open until 31 August 2018. The Department of Tourism is contributing R120 million to the fund over the next three years to be used as grant funding.

The grant will reduce funding gaps between the investors own contribution and the approved loan/equity contribution by the NEF, and will be capped at a maximum of R5 million for each successful applicant.

The Tourism Transformation Fund will be administered by the NEF on behalf of the Department of Tourism. Applicants should submit their application forms and supporting documents directly to the NEF, who will assess applications thoroughly for their commercial viability.

Source: Government of South Africa