SCC INSIDER Edition 4

OF COMMERCE IN SOUTH AFRICA

SCC INSIDER

Mr.MarcosPelegrin

PresidentoftheSCCinSouthAfrica

PresidentoftheSCCinSouthAfrica

Dear SCC Valued Members, friends, and esteemed readers,

As we step into the fourth edition of the SCC Insider, I am honoured to address you once again as the Chamber’s President It is with great enthusiasm that I share with you the progress we have made in fostering trade and development between Spain and South Africa in the first half of 2023

As we celebrate August as women's month in South Africa, we are thrilled to highlight the significant contributions of women in driving our partnership forward From trailblazing entrepreneurs to visionary leaders, women have played a pivotal role in shaping the dynamic and innovative community we are today This edition celebrates their achievements and acknowledge their unwavering dedication to progress. Our partnership continues to thrive, opening new avenues for collaboration and shared prosperity

The theme for this quarter's trade and development focus is "Empowering Through Diversity " We recognize that diversity is not only an essential aspect of ethical business practices, but it also fuels innovation, creativity, and resilience By fostering diversity in our business environments, we can unlock unprecedented potential and achieve greater heights together In light of this we are so pleased to acknowledge our Vice President, Mrs Tshepo Ncube, also CEO and Head International Client Coverage in Corporate and Investment Banking at ABSA Bank Tshepo has been a great contributor and supporter of the Spanish Chamber since her appointment in May 2020. I take this opportunity of thanking Tshepo for everything she has done for the chamber and continues to do You can read more about Tshepo’s achievement on page 15 It also gives me great pleasure to announce during women’s month in South Africa of the new appointment of Dr Fabiola Quesada a veterinarian surgeon to our board You can read more about Fabiola on page 4 of this magazine

In the first half of 2023, we have witnessed remarkable growth in our trade relations Both Spain and South Africa have experienced an upswing in exports and imports, solidifying our commitment to nurturing robust economic ties These achievements are a testament to the enduring spirit of collaboration between our nations.

As we reflect on the progress made, we are proud to share the success stories that have emerged from our partnership Spanish companies have continued to engage in knowledge transfer initiatives, empowering their South African counterparts through training and capacity-building programs. This investment in skills development has fostered the growth of new industries, generating employment opportunities and driving sustainable economic development You can read more about this on page 12 – an article written by one of our Spanish Interns, Mikel Echevarria

Furthermore, as we advance towards a greener and more sustainable future, we have continually worked towards encouraging dialogue in the renewable energy sector Please see page 16 on our Water Event which encouraged dialogue between a number of European Chambers and their members and the Department of Trade, Water and Sanitation as well as the DTIC and Embassy of Israel and some of their experts in the water Sector Spain is one of South Africa's significant trading partners within the European Union, and the trade balance has been relatively balanced with diverse products being exported between the two nations Spanish companies have been active in investing in South Africa, particularly in sectors like infrastructure, telecommunications, and the green economy, leading to job creation and technology transfer Additionally, tourism remains an essential aspect of their bilateral relationship, with both countries attracting tourists from each other's shores

Looking ahead, we are excited about the opportunities that lie on the horizon As we enter the second half of 2023, we renew our commitment to expanding the horizons of our partnership. By embracing diversity, empowering women, and our diverse communities in nurturing knowledge transfer, we are building a foundation for a sustainable, inclusive, and prosperous future I extend my deepest gratitude to all the individuals, companies, and organizations that have contributed to the success of our partnership Your dedication and enthusiasm continue to drive us forward and inspire us to achieve even greater heights.

In closing, I invite you to immerse yourselves in the stories and insights featured in this edition of the SCC Insider May this magazine continue to serve as a platform for knowledge exchange, fostering a vibrant community of like-minded individuals who share a passion for progress and growth.

Thank you for your continued support, and I look forward to the journey ahead

Marcos Pelegrin President of the Spanish Chamber of Commerce RSA

“Collaboration gives the freedom to come out from the narrow scopes of life to the field of endless possibilities.” - Amit Ray

The Spanish Chamber of Commerce is pleased to announce and welcome the companies that have joined the Chamber as members in the past few months. The Chamber is proud to have these companies in their respective industries as part of the extended SCC Family, and will strive towards building stronger relations between Spain and South Africa

The Strategist is a strategy and innovation focused advisory firm specialising in the development and facilitation of strategies (design and implementation), building innovation functions and guiding companies to manage and thrive in a disruptive world Their international experience provides advisory expertise, catering to executive strategy for the now and the next They have deep expertise and experience in the areas of strategy facilitation, strategy execution, innovation, leadership, and executive advisory.

Wiltons provides a full range of financial services, supported by cloudbased technology for local companies, and, more specifically, subsidiaries of international companies operating in South Africa The company manages monthly accounting, management reporting, direct and indirect tax compliance, (monthly payroll processing, VAT and corporate tax) public officer and representation services, corporate secretarial, company evaluations, due diligence, HR advisory and management consulting, facilitating through partnerships, BEE compliance, short and long-term insurance, forensic accounting, and expat relocation services

Desi-SA is an exclusive licensed franchise of Desigual in South Africa

As a pioneering Spanish fashion brand, Desigual is renowned globally for its one-of-a-kind prints, stunning colours, and unique styles Since the brand’s launch in 1984, they have remained committed to staying 100% authentic and true to ourselves. The focus is not just on dressing bodies, but on dressing people, celebrating their individuality, and bringing a smile to their faces This timeless trend is mixing and matching of unique colours Desi-SA understands that what makes you different is what makes you exceptional, hence the dedication to helping you express your unique style.

“A good Board Of Directors team is one where ideas are flowing fluidly - and where each idea is met with an initial welcome, an intellectual challenge, an expression of gratitude, a rigorous scrutiny and a readiness for action.”

-Hendrith Vanlon Smith Jr

On behalf of the entire team at the Spanish Chamber of Commerce RSA, it is a great pleasure to extend a warm and heartfelt welcome our newest members of the Board of Directors The Chamber is thrilled to have these members join our esteemed group of professionals and leaders who are dedicated to promoting and strengthening the economic and cultural ties between Spain and South Africa The new member's presence on the board will bring a wealth of experience, expertise, and fresh perspectives that will undoubtedly contribute to the continued success of our chamber

Unai Bravo (Managing Director)

Managing Director of Acciona in South Africa, with 16+ years of international experience leading and increasing business development driving market penetration and operational excellence in the Renewable Energy sector

Strategic, and resourceful leader, that has demonstrated high profile commercial success in profit growth/margin management, regulatory compliance, customer relations, M&A, EPC/O&M Contracts, transaction management, complex tendering process leading (i e REIPP Program, Scaling Solar) and investor & government relations. Exceptional communication and interpersonal skills to establish productive cross - functional teams in diverse cultures, languages and complex environments Special capacity for fluent communication in different languages (Spanish, English, French, German, Italian and Portuguese) based on the personal and professional experience developed in Paris (France), Berlin & Leipzig (Germany), Rome (Italy) and Cape Town (South Africa)

Currently in charge of the expansion of the business development of Acciona Energy in Sub - Saharan Countries, among others South Africa, Namibia, Botswana, Zambia, Mozambique, Tanzania, Kenya, Ethiopia, Ghana, Senegal and Uganda

Severiano Campos (Economist)

Severiano Campos is an Economist, with a Degree in Economics from The University of Vigo, one Master Degree in Financial Markets by the University of Pompeu Fabra de Barcelona and a second Master Degree in Property Development Business Management by Caixanova Business School in Vigo

He is the Country General Manager for the Grupo Iberconsa in South Africa. He has held this position since 2015. Previously he was worked in Namibia for 3 years also on the fishing industry Severiano comes with vast experience in a number of different sectors and disciplines, such as the optical, financial and property sectors He has experience in leading and motivating teams, negotiations, business development, social media marketing and international trade Severiano has served on the SCC Board as a Director since 2017 and has been pivotal in the chamber’s growth over the past five years.

Saul Pretel Marin (Director)

Saul Pretel is the director of the Southern Africa Office of ACCIO - Catalonia Trade and Investment Saul holds a Bachelor's Degree in Political Sciences from the Universitat Autònoma de Barcelona and, for one additional year, attended an International Relations programme at the Universidad Iberoamericana in Mexico City He also holds an executive MBA from UK's Henley Business School Saul Pretel has more than nine years of multi-sectorial experience in Southern Africa, where he has worked for the public and the private sector: extensively in the infrastructure development and financial sectors locally and abroad Saul is currently involved in several innovation programmes promoting talent exchange and collaborations of the start-up ecosystems between South Africa and Barcelona’s hub: boosting valueadded trade and development between Spain and South Africa

Dr Fabiola Quesada (Veterinarian)

Chief Executive Officer of Wild Spirit , Founder of the Wild Spirit Fund and Deputy President of the Society of Spanish Researchers in Southern Africa Fabiola is a Veterinarian, entrepreneur and committed scientist in the field of wildlife conservation. After many years of leading Wild Spirit, an international wildlife veterinary medicine training program in South Africa, Dr Quesada decided to take a further step forward for conservation by setting up a Wild Spirit Fund The Wild Spirit Fund (WSF) is a non-profit organisation born in Africa led by an international network of wildlife professionals and veterinarians WSF takes Conservation Medicine and One Health as its pilar. Our mission is to ensure the health and protection of wildlife in the natural ecosystem where it lives. We have projects in South Africa, Gabon, DRC and Tanzania Fabiola is also extensively involved in research and supports young researchers to achieve their goals in their specific discipline, as well as empowerment of diverse groups that have been overlooked in the past Fabiola has also supported the Chamber in a number of its events since her inception as a member of the Spanish Chamber in South Africa

FLYING HIGH WITH TAAG ANGOLA AIRLINES:

MEET THE CEO BEHIND THE CLOUD NINE!

Interview with Eduardo Fairen Soria, CEO, TAAG Angola Airlines

Elevating cross-border trade to new heights, the Spanish Chamber of Commerce RSA extends a warm invitation to its members and friends to connect with the distinguished CEO of TAAG Angola Airlines

A valued member of the Chamber, the airline's CEO serves as a beacon that drives international trade. ����

1 TAAG Angola Airlines is undergoing significant restructuring. Can you tell us more about it?

To mark our transformation, we have established our new headquarters in the modern location of Talatona in Angola and launched an enhanced website Crucial to our reformation are partnerships with Iberia and Gol, broadening our footprint to 42 destinations in Europe and 40 in the Americas

We are accommodating the company procedures to the best practices within the industry and recruiting talent We are upgrading our fleet within a multi-brand strategy so we have assured operational efficiency matching the aircraft with the proper flight typology Thus we have orders ongoing for narrow body Airbus A 220s set to be delivered from April 2024 ahead, and are engaged in negotiations for wide-body fleet replacements

Our business blueprint for 2023-2027 envisions making TAAG the key aviation connector within Africa and to the rest of the world

The restructuring process also includes a switch to a more flexible external GSA system, and a strategic withdrawal from non-core services. Overall, our goal is to realign TAAG with current market realities and cement our standing in the international aviation scene

2. Is privatisation on the horizon?

The Angolan Government's idea is to privatise the aviation sector, as commencing in January 2025, the country will be covered by the "open skies agreement", the Single African Air Transport Market (SAATM) Prior to the privatisation, TAAG Management Board is inducted to restructure and drive the transformation within the company

The outcome is to align TAAG with the best practices in aviation and implement a roadmap for business growth. So far, there is no formal process or deadline for the privatisation to occur, only expressions of interest from large companies/investors, local and external In any case, please bear in mind that the privatisation process is managed directly by the Angola state via IGAPE (Institute for the Management of State Assets and Equity)

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3. How will implementing the African Open Sky policy affect TAAG Angola Airlines and its operations across the continent?

Implementing the African Open Sky policy, or the Yamoussoukro Agreement, will bring about significant changes for TAAG Angola Airlines, and we're set to join the Single African Air Transport Market (SAATM) in 2025 However, we do harbour concerns, mainly centred around fair competition Predatory commercial practices and price dumping pose significant challenges to African airlines, TAAG included The crux here is that without implementing proper safeguards and regulations, opening up traffic rights might unintentionally erode the competitive standing of most African airlines We believe this policy could favour growth, but it should be handled carefully to ensure a level playing field

4. We've heard about the exciting New Luanda International Airport set to open in 2024. How will it impact TAAG's operations and the aviation industry in Angola? Will it influence visa processes?

The opening of Luanda’s new International Airport in the first half of 2024 marks a transformative milestone for TAAG Angola Airlines and Angola's aviation industry. Shifting operations to this new facility will be a challenge that we and other airlines are ready to embrace This airport, capable of handling 25 million passengers and 50 thousand tons annually, will significantly augment our operational opportunities. With two parallel runways and advanced facilities, it is set to be Africa's most innovative hub and will greatly facilitate our operations, helping elevate our connectivity level

The airport's opening aligns with our aim to reestablish TAAG as the central hub for Southern Africa, connecting Africa, the Americas, and Europe We are adjusting our operational model to operate as a connector, bringing more regional connectivity, linking domestic and inter-continental services, and opening new and strengthening existing destinations

egarding visa processes, the Angolan authorities, in tandem with the tourism sector, are undertaking efforts to streamline these administrative issues The new airport's advanced infrastructure and technological capacity will offer optimised conditions for migration services to handle visa procedures, facilitating a more open and welcoming Angola

5. Air cargo services are vital for economic development. How does TAAG Angola Airlines facilitate air cargo transportation and contribute to the growth of industries in Angola and beyond?

Air cargo services are a cornerstone of TAAG Angola Airlines, serving our strategic interests and bolstering economic growth. This commitment reflects our geographical advantage, connecting Asia and South America via Africa, and despite the shortage of suitable cargo aircraft, we are exploring all options, including new acquisitions. During the pandemic, we experienced robust cargo traffic and continue to meet steady cargo demand from China, South America, and Africa Our ambition to expand this service involves utilising larger aircraft and sourcing freighters until we establish our own fleet. We aim to strengthen our link between import/export hubs through our vital cargo services, thereby contributing to industry growth in Angola and beyond

6. How has your fleet become more ecofriendly?

TAAG's adoption of the Airbus A220 technology demonstrates our commitment to sustainable practices in aviation Known for their quality, comfort, and fuel economy, these aircraft are a significant step towards greener operations. This move aligns with the mandate from the International Civil Aviation Organization (ICAO) and International Air Transport Association (IATA) to reduce the environmental impact of the aviation sector. With aviation being essential for global connectivity, adopting new aircraft construction and engine development technologies is crucial

These technologies show meaningful progress in fuel efficiency, with each generational transition taking about 20 to 25 years. However, we are mindful of the additional challenges that lie ahead The production and implementation of Sustainable Aviation Fuel (SAF) in Africa remain under exploration due to its cost and the industrial capacity needed for large-scale production. As the flagship airline of Angola, it's our social responsibility to confront these challenges and strive for a more sustainable future

7 How do the aviation industry's goals to become more environmentally friendly and sustainable impact you and other African airlines?

The aviation industry's push towards environmental sustainability, particularly the European obligation for 2% SAF on all departing flights, has substantial implications for African airlines. This measure poses significant challenges

As we currently lack SAF production facilities, the implementation timeline appears unrealistic. Moreover, Africa's resource constraints make such measures particularly challenging to uphold It harks back to the noise abatement restrictions in 1995, which required years for effective implementation

While the move towards sustainability is undoubtedly vital and commendable, the timing and resource requirements for such changes must be realistically evaluated, particularly in African regions Hence, Africa must stand its ground and advocate for sustainable practices tailored to its unique constraints and capacities

8 What does the future hold for TAAG Angola Airlines?

TAAG Angola Airlines has ambitious plans for the future TAAG is working to make Luanda a strategic hub in Africa for East-West and North-South air transport, boosted by organic growth or code-share partnerships

We recently presented our 2023-2027 business plan, envisioning TAAG as the preferred choice for connecting Africa with the world and within the region This involves transforming TAAG into a modern, innovative airline with operational excellence, commercial superiority, organisational efficiency, and financial sustainability as its strategic pillars

As part of our growth plan, we've ordered 15 Airbus A220-300 model aircraft, with deliveries starting from April 2024 Our fleet, currently consisting of 21 aircrafts, is set to grow to 50 by 2027, indicating our commitment to significant growth

We're confident in our vision, ready to inspire the world with our energy, and eager to make dreams take off

WINDTECHNIC WILL BUILD CONCRETE TOWERS FOR THREENEWWINDFARMSINSOUTHAFRICA windtechnic

Windtechnic Engineering SL, specialized in design and construction of precast concrete towers, has started the construction of towers in Middelburg (Eastern Cape) together with its local South African partners

Windtechnic, through its South African company THAYVONA CONCRETE SUPPLIERS (Pty) LTD, will supply 78 turnkey towers for the Coleskop, Phezukomoya, and San Kraal wind farms for Round 5 REIPPP The projects are developed and owned by EDF Renewables (South Africa) The towers will support G165/5.6MW Goldwind wind turbines at 124 m height

Once the project is finished, the aim of the company is to continue using this precast facility to serve other new wind farms that may be granted in the short-mid term in the surrounding areas

In order to guarantee the success of the project, Windtechnic has established strong partnerships with some local South African companies. While the manufacturing of the towers is performed in collaboration with WBHO Construction (Pty) Ltd and Concrete Units (Pty) Ltd, the installation is conducted in cooperation with Renew Installations (Pty) Ltd All companies have extensive experience in the wind energy sector, both in South Africa and abroad

But this is not the first and only project that Windtechnic has developed in South Africa

Previously, in 2014 and 2019, 93 towers were manufactured for two other wind farms: Gouda and Roggeveld Both projects were carried out in collaboration with Concrete Units in their already existing facility in Cape Town. These 100 m hub height towers, which support 3 MW rated capacity Nordex wind turbines, were successfully built and are currently fully operational

The structural design of the towers was completed by Windtechnic from its main headquarters located in San Sebastián (Spain) and certified in December 2022 by TÜV NORD For the manufacturing of the towers, the construction of a temporary factory in Middelburg, close to the wind farm sites, has been required The new plant counts with a production capacity of 2 5 towers per week and will create nearly 400 jobs, most of them from local communities

Furthermore, in parallel to the ongoing projects in South Africa, Windtechnic is also working on the design and construction of high-rise wind towers for clients around the world

With over 100 tower designs, 16 certifications, and 700 constructed towers worldwide, Windtechnic is continuously seeking the enhancement of these precast towers Its goal is clear: to expand the use of concrete structures throughout the world, favoring local content and reducing environmental impact

Windtechnic has its roots in a local Spanish precast producer from the 60s that were mainly focused on civil construction work The company entered the wind energy market in 2005 to utilize its extensive backgroundknowledge to build cost-efficient towers Since then, the entity has developed a strong technical workforce, deep market knowhow, and a network of suppliers and partners all over the world

About Windtechnic

Windtechnic Engineering is specialized in design and construction of precast concrete structures for the wind energy sector The company provides full concrete and hybrid tower solutions for any wind turbine and energy project worldwide, putting them on the map as a global leader

Windtechnic believes every project is unique. They provide solutions tailored to each client as requirements vary enormously depending on the country and specific site conditions With a proven track record in different concrete tower types, Windtechnic can offer the key to make the project a success while guaranteeing quality, supporting local communities, and reducing the carbon footprint

RC CELTA AND PEREIRA OCEAN PRODUCTS JOIN

FORCESINSOUTHAFRICATOSUPPORTANDDEVELOP THECELTAACADEMYINEVATON

PereiraOceanProducts

The academy in the Evaton township just outside of Johannesburg was started in 2001 by current chairman, Themba Dlamini, drawing inspiration from and paying homage to the exploits of international striker Benni McCarthy’s stint in LaLiga at Celta Vigo from 1999 to 2003

Dlamini first made contact with RC Celta through the mediation of Pereira Ocean Products, a South African company in which Grupo Pereira has a participating interest, and the relationship has come full circle as the company and RC Celta, through its Foundation, joined forces to support the academy

During the signing of the Celta academy agreement, Pereira highlighted "the enormous work that Celta Academy Evaton does with the local community in supporting young people with scarce resources and training them in the values that football brings as a sport".

Pereira Ocean Products, in line with its corporate social responsibility policy and with the support of LaLiga club RC Celta has given a huge boost to the Evaton Celta Academy through becoming and official sponsor to help develop the football academy in Johannesburg Contributions, among others, include the improvement of its facilities, practical training and official equipment. To goals of all parties are to develop football, at grassroot level, in South Africa and contribute to educating young people in the values of the sport and providing them real opportunities for a future in football

The academy now has 200 boys and girls between the ages of 6 and 17, who proudly represent and wear the colours of the LaLiga club and Pereira logo, participate in local league football With the help of sponsors such as Pereira Ocean Products, the Celta Foundation will also send some of its coaches to Evaton and will receive players and coaches from the Celta Academy Evaton in Vigo for the continuation of their training and sports education.

In April 2023, the sponsorship has seen the first members of the Evaton Academy make their way to Spain for training At the head of the expedition was Themba Dlamini along with two other coaches, Bafana Mabaso and Sizwe Mehlwana. Like his companions, it is the first time he has left his country, something he never thought he would have the opportunity to do Here they are soaking up the Celta methodology, but also a new culture "People are very welcoming and the city is very safe," in contrast to where they come from. Being here is a dream come true, he says

The endorsement between José Enrique Pereira, CEO of Pereira Group, and Carlos Mouriño, President of RC Celta, was signed in October 2022

This formalised the commitment of the two entities to the support and promotion of the Celta Academy Evaton school

They were surprised by how "serious and professional" everything is in Celta's day-today life, during the training sessions at the quarry. They have been teaching them the ins and outs of how the club works, focusing on aspects that they can put into practice, such as how to treat children or utilise resources, as well as the methodology

Marcos Alonso Rial, the coordinator of the celestial international schools, was in Evaton a few months ago to evaluate what they did to establish the starting point to help them improve. They sent them manuals, but now they have the opportunity to see it with their “own eyes”

Each of the three South African coaches will return with a suitcase with equipment in perfect condition donated by youth players, including kits, boots and socks "Many children play with a shoe of each color, or of a size that is not theirs , " says Dlamini, who also admits that they now feel "a bit of pressure due to the expectations placed" on their project.

Scholarships are another incentive, so that some of their players can spend a few weeks training in Vigo "Hopefully after that, they can come back here and try to break through," he wishes. Dlamini adds that who knows if in their nearly 200 children there are not one or more future Benni McCarthy’s “Maybe we have a little Benni among us who may come here to train We are very grateful for how generous Celta and Pereira are being with us," he underlines

All in all, the three coaches including Themba Dlamini, that recently visited the Celta Academy in Vigo, felt that they spent a fruitful 10 days in April there and returned armed with greater skills to benefit their local football club Dlamini said, “It was very informative and a lifetime opportunity for us We were treated with respect and love We met lovely people from Celta and the Pereira Management.”

The Celta Academy and the Pereira Group have committed to sending 5 players to Spain per year for training. This is still in the plan for this year but Dlamini hopes that in the future, there will be more opportunities to bring a team to play friendly games and tournaments in Spain

The Celta children in South Africa all reference the Vigo team. But being able to watch the games is impossible. "They are very small communities, some of them don't even have electricity at home, so much less television," says Themba In a disadvantaged area where sport is a way to prevent children from falling into "other things", the Evaton school has always been an incentive for children The idea has grown that the school is related to a Spanish Primera club and the belief is that this shall continue to have a call effect

About Pereira Ocean Products

Pereira Ocean Products is a fishing company that operates two fishing vessels in the South African waters It provides direct employment for 70 people through its operations Pereira Ocean Products further adds value to the seafood and distributes this throughout South Africa to the retail and foodservices sectors.

It was incorporated in 2009 with the commitment to have respect for the sea as a source of life and food for future generations.

About LaLiga

LaLiga is a pioneer among the major European leagues in creating a network of academics, schools and training projects for players and coaches around the world focused on the comprehensive development of international talent thanks to its own methodology

About the Celta Foundation

The Celta Foundation was born in 1996 as a great work focused on the service to the Galician society through the development and promotion of sport in all its fields Being fully aware of the influence that RC Celta has on all its fans, the Foundation tries to improve the quality of life of the people to whom it is addressed and to make the society that surrounds it a better place Reinforce and promote actions of equality, integration, solidarity between children and adults or promote through sport the personal development of the youngest are some of the identity signs of the entity, which tries to encourage citizen participation in social activities through the promotion of solidarity campaigns such as "Batas solidarias", "Celta Integra" or "Sangre celeste"

MORINGA,ALSOKNOWNASTHE"MIRACLETREE"

OriginOrganics

Origin Organics are focusing on personal health, wellness and employee welfare with corporates as Moringa's powerful immune boosting properties, it's highly nutritious makeup, high anti-inflammatory content, PH and sugar balancing qualities and general allround health aspects is proving incredibly beneficial for all users. Moringa, also known as the "Miracle Tree," is a nutrient-dense plant that has been revered for centuries for its numerous health benefits By incorporating Moringa into your employees', patients', students' diets, you can contribute to their overall wellness and create a more vibrant, energetic, and productive workforce We have highlighted just some of the compelling reasons to consider adding Moringa to your workplace wellness initiatives:

Rich in Essential Nutrients: Moringa is packed with essential vitamins, minerals, and antioxidants that are crucial for maintaining good health It contains significant amounts of vitamin C, vitamin A, calcium, iron, potassium, and many more essential nutrients, offering a convenient way for employees to meet their daily nutritional requirements

Boosts Energy and Mental Clarity: In today's demanding corporate environment, employees often face fatigue and mental exhaustion. Moringa's unique combination of vitamins, minerals, and antioxidants works together to increase energy levels, enhance focus, and promote mental clarity By incorporating Moringa into their diets, employees can experience sustained energy throughout the day, leading to increased productivity and efficiency

Supports Immune Function: A strong immune system is vital for maintaining a healthy workforce. Moringa is a natural immune booster due to its high vitamin C content and potent antioxidants By fortifying their immune systems with Moringa, employees can reduce the risk of falling ill and the subsequent productivity loss due to absenteeism

Aids Stress Management: Stress is a common challenge in the corporate world, impacting both physical and mental well-being. Moringa contains adaptogenic properties that help the body cope with stress more effectively, promoting a sense of calm and balance By incorporating Moringa into their diets, employees can better manage stress, resulting in improved overall mental health and resilience

Supports Healthy Weight Management: Maintaining a healthy weight is crucial for employees' well-being, as it directly affects their physical health and self-confidence Moringa is low in calories and high in fiber, making it an ideal addition to a balanced diet The fiber content promotes feelings of fullness, reducing overeating and supporting healthy weight management among employees

Encourages Overall Wellness: Moringa possesses anti-inflammatory and antioxidant properties, which play a crucial role in reducing the risk of chronic diseases such as heart disease, diabetes, and certain types of cancer

By incorporating Moringa into their diets, employees can support their long-term health and well-being, leading to a more engaged and focused workforce

Implementing Moringa as part of your corporate wellness program can be a game-changer for your employees' health and productivity

Whether it's through offering Moringa-infused snacks, incorporating it into smoothies, or providing Moringa supplements, there are numerous creative and convenient ways to introduce this remarkable superfood to your workplace

Investing in your employees' health is an investment in the success of your organization

By embracing Moringa, you can demonstrate your commitment to employee well-being, foster a healthier and more vibrant work environment, and ultimately reap the benefits of a thriving, high-performing workforce

To explore the possibilities of incorporating Moringa into your corporate wellness initiatives, please reach out to us Together, let's create a healthier future for your employees and your organization

BILATERAL TRADE AGREEMENTS: UNRAVELLING THE IMPACT ON BUSINESS OPPORTUNITIES BETWEEN SOUTHAFRICAANDSPAIN

Mikel Echevarria Acha | International Trade Advisor Intern at SpanishChamberofCommerceinRSA

From distant lands to shared ambitions, the bilateral trade between South Africa and Spain weaves a tale of cooperation and mutual benefit This article provides an overview on how South Africa and Spain's dynamic partnership fosters a realm of possibilities, propelling growth and prosperity for both countries

We define Bilateral Trade as the “exchange of goods between two nations promoting trade and investment where the two countries will reduce or eliminate tariffs, import quotas, export restraints, and other trade barriers to encourage trade and investment between both countries” In light of this, bilateral trade agreements play a key role in shaping economic relations between countries, fostering opportunities for trade, investment and business collaboration In the context of South Africa and Spain, these agreements have the potential to open up new avenues for further growth and development, benefiting businesses in both nations

Historical Context

In order to understand what the diplomatic relations are at the present time between Spain and South Africa, it is necessary to review the past Diplomatic relations between Spain and South Africa date back to the 19th century, but in reality, it was in 1993 that the two nations formally established full diplomatic ties Since then, the partnership has continued to grow, with an increasing focus on economic collaboration Spain, one of Europe's leading economies, and South Africa, the most developed nation in Sub-Saharan Africa, recognized the benefits of closer ties to explore new markets, promote investment and expand trade opportunities

Trade Volume and Balance

Over the years, bilateral trade between Spain and South Africa has revealed a notable upward trend Both countries have experienced an increase in the volume of trade, with a diversification of goods and services Spanish exports to South Africa mainly include machinery, pharmaceuticals, vehicles and electrical equipment, while South Africa exports to Spain are precious metals, minerals, fruit and wine

Although the volume of trade between the two nations has been growing, ongoing efforts are being made to address trade imbalances and explore untapped potential in other sectors By identifying complementary areas of expertise, Spain and South Africa aim to achieve a more balanced and fruitful trade relationship

According to The Observatory of Economic Complexity (OEC)(1*), in 2021, Spain exported $1 52B to South Africa, where the main products exported from Spain to South Africa were Cars which sums up to $168M or 11% of the total Motor vehicles parts and accessories amounted to a total of $141M or 9,22%, and Alkylbenzenes and Alkylnaphthalenes were $67 5M or 4,43%; whereas the least exported were Dithionites and Sulfoxylates, Processed Tobacco and Felt Machinery being all of them less than the 0,000001% or $1, $6 and $6 respectively. During the last 26 years the exports of Spain to South Africa have increased at an annualized rate of 7 03%, from $261M in 1995 to $1 52B in 2021

On the other hand, in the same year South Africa exported $1 43B to Spain The main products exported from South Africa to Spain were Delivery Trucks, with $225M or 15,7% of the total, Crude Petroleum amounting $212M or 14,8% , and also Cars with $164M or 11,5%; whereas the least ones were Soapstone, Dental Products and Starches being all less than the 0,000001% or $1, $5 and $7 respectively During the last 26 years the exports of South Africa to Spain have increased at an annualized rate of 2 92%, from $676M in 1995 to $1 43B in 2021

Key Sectors of Cooperation

There are several sectors in which both countries cooperate and trade but the following are the most important ones:

Mining and resources:

South Africa, with its enormous mineral wealth, offers immense opportunities for Spanish companies in the mining and energy sectors Spanish expertise in mining technology and equipment can contribute significantly to the South African mining industry with late technology equipment Tourism: Both Spain and South Africa are known for their vibrant tourism industry

Tourism:

Both Spain and South Africa are known for their vibrant tourism industry. Spain being the second most visited country in the world and South Africa being a top tourist destination thanks to its beautiful landmarks and wildlife that makes it the best country to do safaris thanks to its variety. Through bilateral agreements, tourism cooperation can be enhanced, fostering cultural exchanges and attracting more visitors between the two nations

Renewable energy:

With an increasing focus on sustainability, both countries can benefit from the exchange of knowledge and technology in the renewable energy sector Spain's experience in solar and wind energy can complement South Africa's renewable energy initiatives as Spain is one of top countries in renewable energy as 47% of total energy generated in Spain is renewable and in the 16th of may 2023, Spain generated all the electricity from 10 am to 7 pm by renewable energy, a world milestone (2 & 3*), and the Western Cape is leading the renewable energy race in South Africa as "Western Cape government has since launched a R13 million fund to help municipalities in the province prepare for the adoption of renewable energy projects"(4*).

Information Technology and Services:

Spanish IT companies can explore opportunities in South Africa's growing technology market, and South African companies can leverage Spain's expertise to enhance their digital capabilities

Agriculture and food industry:

Spain is a major agricultural exporter, while South Africa has a diverse range of agricultural products. Strengthening ties in this sector can lead to increased agricultural trade and the exchange of best practices

Challenges and Opportunities

Despite the numerous opportunities mentioned above, certain challenges remain in boosting bilateral trade between Spain and South Africa

Some of these challenges include bureaucratic hurdles (such as visas processes), language barriers and differing regulatory frameworks as well as load-shedding, which potentially strains the bilateral relations between South Africa with other countries and also the economy of South Africa. South Africa loses R500 million per stage of load-shedding per day (5*), which in the end impacts the Spanish companies that are conducting business in South Africa In order to overcome these obstacles, both countries must engage in ongoing dialogue and establish effective mechanisms to promptly address trade-related issues and uncover new opportunities for growth and development from these challenges

Looking ahead, there are significant opportunities for growth and collaboration. Spain's strategic location as a gateway to Europe and South Africa's status as a hub for Sub-Saharan Africa offer offers unique advantages for expanding market access into Africa Leveraging these strengths, both countries can explore joint ventures, foreign direct investment and technology transfers to further stimulate economic growth

Conclusion

Bilateral trade agreements between Spain and South Africa exemplify the potential for cooperation between nations from different continents, with different language, culture and customs Through trade, investment and joint ventures, both countries can forge a stronger partnership that benefits their respective economies and fosters cultural exchanges. Furthermore, by overcoming the abovementioned challenges and based on shared interests, Spain and South Africa can establish a more balanced relationship that sets a positive example for international trade cooperation As South Africa and Spain continue to grow and evolve, the collaboration between these two nations holds the promise of a brighter and more prosperous future for all parties involved

References*

OEC (https://oec world/en/profile/bilateral-country/esp/partner/zaf? dynamicBilateralTradeSelector=year2021)

El Mundo (https://www elmundo es/ciencia-y-salud/medioambiente/2022/11/15/63729d8ffdddff04838b45b3 html)

WorldEnergyTrade.com

(https://www.worldenergytrade.com/energiasalternativas/electricidad/espana-energias-renovables-horas-seguidas-18748)

ITWeb (https://www itweb co za/content/KzQenqjyKJ3MZd2r)

IRR (https://irr org za/fan/media/eskom-is-dead-and-its-ghost-is-load-shedding-8-hauntingfacts-about-the-failing-power-utility-

1#: :text=Load%2Dshedding%20costs%20billions%20every,economic%20consequences%20of%20Esk om%27s%20failures)

Prime Minister Pedro Sánchez, President of the Government of Spain, President Cyril Ramaphosa, President of the Republic of South Africa

House of Rose Professional , Africa's most Inspirational Women in Leadership 2023

Break the Ceiling, Touch the Sky AwardMrs Tshepo Ncube, Managing Director: Head, International Coverage

The Spanish Chamber of Commerce in the Republic of South Africa is pleased to share the incredible news that our esteemed Vice President, Mrs Tshepo Ncube has been recognized by House of Rose Professional Pty. Ltd on the highly esteemed "2023 Break the Ceiling Touch the Sky" list of Africa's Most Inspirational Women in Leadership! ��

In celebration of women's month, the Spanish Chamber of Commerce in the Republic of South Africa takes immense pride in acknowledging Mrs Tshepo Ncube's outstanding achievement and recognition as one of Africa's Most Inspirational Women in Leadership on the prestigious 2023 Break the Ceiling Touch the Sky' list

As Vice President of the Spanish Chamber of Commerce in the Republic of South Africa, Mrs Tshepo Ncube's journey exemplifies the essence of breaking the glass ceiling and reaching new heights in leadership Her remarkable talent, unwavering dedication, and exemplary leadership skills have not only brought immense pride to our organization but have also left a profound impact on the local and international community

It is indeed remarkable that during this year's women's month event, the Spanish Chamber of Commerce, in partnership with the EU Chambers and sponsored by Nedbank, is dedicated to the theme of overcoming the glass ceiling Mrs Tshepo Ncube's inspiring story serves as a shining example that reaching for the skies and achieving the impossible is not only possible but a reality that strong, visionary women can create

We extend our heartfelt congratulations to Mrs Tshepo Ncube on her well-deserved recognition, and we look forward to her continued influence in inspiring and empowering others to follow their dreams, shatter barriers, and make a significant difference in their respective fields

The PRISA PRISM Awards ceremony

GOLD award in the Business-to-Business category for the launch of TORSA in South Africa, and a Bronze award in the Resources category for a well-thought-out launch strategy in the mining industry

The PRISA PRISM Awards ceremony, held this past weekend on Saturday night, was a momentous occasion that celebrated excellence and innovation in the public relations and communication industry Among the notable winners were TORSA and Tribeca PR, who achieved significant recognition for their outstanding work in two different categories

In the highly competitive Business-to-Business category, TORSA and Tribeca PR's efforts stood out, earning them the prestigious GOLD award Their collaboration and strategic approach to the launch of TORSA in South Africa proved to be a resounding success TORSA showcased their expertise in the Resources category, earning a well-deserved Bronze award Their meticulously planned and executed launch strategy in the mining industry caught the attention of the judges and peers alike With an in-depth understanding of the mining sector's intricacies, they devised a campaign that resonated with stakeholders, garnering positive feedback and results

Congratulations to TORSA their well-earned accolades, and may their innovative spirit drive success, and make a meaningful impact in various industries

Dr Achieng Ojwang, Executive Director of Global Compact Network South Africa, Mosilo Mothepu, Author of Whistleblower,Wayne Duvenage , CEO OUTA,Sonia Giuricich FCG (Acc)

Tebatso Mpamonyane, Junior Business Consultant,Advance International Business Development, Ryan O, Business Development Consultant,Advance International Business Development

Kris Dobie

Senior Manager for Organizational Ethics at The Ethics Institute (TEI),Wayne Duvenage CEO, OUTA,Sonia Giuricich FCG (Acc) Past President of Chartered Governance Institute of Southern Africa Eva Shaw Director, ADVANCE International Business Development (Pty) Ltd & Secretary General, Nordic-South African Business Association, Manuela Sánchez Aragú, Spanish Chamber of Commerce RSA, Evelyn Ralphs, General Manager SwissCham Southern Africa - South Africa Chapter Dr Achieng Ojwang, Executive Director of Global Compact Network South Africa, Ishan Bhowani,Director (Public Sector) Mazars, Miryam Frigo, Project Consultant, Italian-South African Chamber of Trade & Industries, Claudine Vandenabeele, General Manager, Belgian Chamber of Commerce SA, Maria Adomeit, Crime Prevention and Criminal Justice Officer, anti-corruption, UNODC

Megan Padayachee, Manager Innovation and Technology, Rand Water, Laurenz Devers, Director (South Africa) Waterleau, Siyabonga Mbanjwa, CEO: Pace Group, Ashwin Seetal, Specialist (Strategic Water Management), CSIR

EVENTS & AWARDS

SCCUPCOMINGMEETINGANDEVENTSCALENDAR

DATE

Thursday, 17 August 2023

Thursday, 7 September 2023

Wednesday, 13 September 2023

September (TBC)

MEETING / EVENT

South African Women ́s Day Celebration Symposium Strategies to Overcome the Glass Ceiling

Current State of South Africa in preparation to for 2024 Election - Speaker: Chris Hattingh, Head of Policy Analysis at CRA

SCC Board Meeting

Padel Tournament between Spanish and Italian Chambers

September (TBC) Round Table with Spanish Agri Association with Ambassador & ABSA

Tuesday, 03 October 2023

Friday, 24 November 2023

October (TBC)

October (TBC)

Sunday, 12 November 2023

Friday, 17 November 2023

EU Golf Day Johannesburg Randpark Golf Club

EU Golf Day CPT at Westlake Golf Club

Castilla y Leon Gastranomical Festival in Association with SCC / Spainish Embassy & LaLiga (Cape Town)

RoundTableDiscussionwithInternationalAffairs Ministry&DTIC and Invest SA

Spanish Festival Paella & Tortilla de Patatas Competition

SCC Last Board Meeting

(NB*) Dates are a subject to change and more topics to be added

SPANISH CHAMBER OF COMMERCE IN SOUTH AFRICA