South Africa - Minnesota Business Council

On behalf of the Department of Trade and Industry we would like to invite you to participate in the 2nd Annual South African International Trade & Investment Conference and Exhibition. This conference will be held in Cape Town, South Africa, 30-31 October 2008.South Africa is entering a new stage in its economic development. We are one of the most advanced and dynamic middle-income emerging markets, not only on the African continent, but globally. We are consistently attracting huge net amounts of portfolio capital annually. More significantly, domestic and foreign direct investments are rising sharply.

Overall, private and public fixed investments are rising by a combined 12 to 14 percent annually, Moreover; South African growth has been measured to have a very strong impact on growth in the rest of Africa - an IMF study shows that a 1 percent increase in South Africa’s growth rate leads directly to a 0.5-0.75 percent increase in the rate of growth in the rest of Africa.

The reason for this success is our stable society, our combination of strong economic infrastructure and institutions, and rapid growth that has given rise to a strong entrepreneurial and dynamic investment environment.

The conference delegation list will consist of Government Ministers, diplomats, foreign businesspeople, CEOs and senior executives of South African companies, as well as selected national and international media.

A key purpose of the event will be to promote South Africa’s image abroad, so electronic, print and magazine partners will cover the summit internationally and nationally. A made-for-television debate to take place on the day of the summit will be an important element of the event.

We warmly invite you to join us in promoting investment into Africa’s leading economy.

Yours Sincerely

pp Iqbal Meer Sharma
Deputy-Director General: Trade and Investment South Africa
20/08/08

Conference Program

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Some of the most magnificent places on earth - the Victoria Falls, the Okavango Delta, the Kalahari Desert, the Drakensberg Mountains and the Kruger National Park just to name a few - are based in Southern Africa’s Transfrontier Conservation Areas (TFCAs or Peace Parks).

We invite you on behalf of Boundless Southern Africa and the Tourism Ministers of Angola, Botswana, Lesotho, Mozambique,Namibia, Swaziland, Zambia,Zimbabwe and South Africa to explore new and exiting investment opportunities within the seven existing TFCAs and join us for the TFCA 2010 Tourism Investment Conference in Johannesburg from 20-22 October 2008.

63 tourism investment projects (all in the hospitality and leisure sector - from bush camps to 5 star hotels and game lodges) have been identified for development by 2010, and will be showcased to interested companies and individuals at the above event.

There is no cost to attend this conference. However, as seats are limited interested people are encouraged to register early in order to avoid disappointment.

For further information about the event, details on the projects, and how to register, please visit: www.boundlessinvest.com or contact

Cheryl Peters
Conference Organiser
Omega Investment Research
Email: cherylp@omegainvest.co.za
URL: www.omegainvest.co.za
More Information:
Projects List
Registration Form

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What are we doing here? explores why the charity given to Africa over the last five decades has been largely ineffective and often harmful. The film tells the story of Brandon, Nicholas, Daniel and Tim Klein who travel across Africa in an attempt to understand one of the great problems of our time; the failure to end poverty. The Klein family lives in London but is originally from Minnesota.

In the film, the Klein family travel 15,000 miles via public transportation from Cairo to Cape Town. They cross war torn and famine-ridden regions where aid workers, politicians, and inspiring individuals tell about the incredibly complex and often misunderstood issues that affect hundreds of millions of people across the continent.

Daring to ask the questions no one else will, the filmmakers invite the world to rethink the fight against poverty in Africa. Could our good intentions be causing more harm than good? Have humanitarian interventions prolonged suffering? Who is actually benefiting from our good intentions? These questions and many more are addressed for the first time ever in this groundbreaking feature length film. If you ever wanted to know what happened to the $10 dollars you donated to charity last year, look no further. This film will change the way you look at charity in Africa forever.

Please contact the producers on the website for more information, or to offer your assistance to distribute the documentary.

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Delegates to the Republican National Convention 2008 that will be held in the Twin Cities this year (September 1 to 4), will be enjoying South African wines served under a funky commemoration label.  The brands are the creations of MT Global Wines of Minnesota.

A limited inventory is available to the public at Byerley’s and France 44. The Presidents select label is SA wine while the Balance label is California. Presidents select comes in Cab, Merlot, Chardonnay and a Brut Champagne. Balance label is a Chardonnay and Cabernet. All wines over deliver for price point.

Make sure to stock up before they run out!!

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In an article published on the South Africa.info portal on 26 August 2008 it is reported that South Africa’s economy remains in good health despite a slowdown in consumer spending.  The latest Nedbank capital expenditure report shows that 80 new investments, to the value of R336.1-billion (US$43.593billion at 7.71 ZAR to the US$), were announced for the first half of 2008.

“The sharp rise in the value of new projects announced is mainly due to major extensions to Eskom’s capacity expansion program announced in this year’s National Budget,” Nedbank senior economist Nicky Weimar said in a statement this week.

Links:

Nedbank release

SouthAfrica.info

Fin24

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