Names of South African products protected under new agreement with the European Union 

Posted on June 20th, 2016
Entrepreneurs
Today's top entrepreneurship and business stories (20 June)
Map of South Africa with national flag

The names of a selection of South African products are now protected under a new agreement with the European Union (EU). It follows from a bilateral protocol on geographic indicators negotiated between the republic and the EU.

South Africa said 102 wine names would be protected under the agreement and three agricultural product names, namely rooibos, Karoo lamb, and honeybush tea.

In addition, an economic partnership agreement between the Southern African Development Community (SADC) and EU has been negotiated.

It allowed a single trade regime with the EU, said Minister in the Presidency Jeff Radebe, and “would enhance the preferential access of some products to the EU such as sugar, ethanol, wine, fish and fruit”, reported news website Business Day.

“[The agreement] further demonstrates that our country is on a path to recovery and continues to be a viable investment destination,” the Cabinet said. “It ensures in line with the National Development Plan’s objectives that South Africa advances industrialisation and promotes South African exports into the EU market.” (Southafrica.info)

Deadline for applications for the Fairlady Women of the Future Awards 2016 extended
Fairlady Women of the Future Awards 2016, in partnership with Santam, is extending its closing date.

The Fairlady Women of the Future Awards 2016, in partnership with Santam, launched in April with a call for entries from South African female entrepreneurs. Two outstanding women will win great prizes in two prestigious categories: the FAIRLADY Woman of the Future 2016 and the FAIRLADY Rising Star 2016.

The award goes to an entrepreneur, 25 years or older, whose business has made it past 1001 days (basically, the first three years) and who is well on her way to creating an empire. The prize comprises R50 000 cash, an hour’s invaluable mentorship session with one of the judges, a R3 000 fashion voucher from Queenspark, a R12 500 online course from GetSmarter, a Sony Xperia Z5 Gold cellphone and Wi-Fi tablet, a Bamboo Revolution watch and an Issey Miyake (L’Eau d’Issey) hamper worth R7 880.

The also recognises entrepreneurs between the ages of 16 and 25 in the Rising Star category. These are young entrepreneurs whose business is older than six months but still within the first 1001 days of business.

Entry forms and terms and conditions are available on www.womenofthefuture.co.za. Entries close on 24 June 2016.

Uber launches in Dar es Salaam
Dar es Salaam becomes the 475 city to join in Uber’s growing global network. With the launch of Uber, Dar es Salaam joins the list of smart transportation hubs in Africa.

Uber connects drivers with riders in real time, at the touch of a button. Whether you’re a local heading out with friends, in the city on business or exploring its tourist sites, Uber provides an affordable, safe and reliable way to get across the city.

In a press release Uber said Dar es Salaam’s exciting, rapidly growing market makes it a perfect fit for Uber. The World Bank states that Tanzania’s GDP growth rate is estimated at 6.8% for 2017 and the country is maintaining a low rate of inflation. Businesses are flourishing, with sectors such as transport, construction and financial services booming.

Alon Lits General Manager for Uber Sub-Saharan Africa said:

“We are proud to launch Uber in Tanzania at such an exciting point in its growing economy. As the infrastructure of Dar es Salaam rapidly urbanises, so the demand for affordable, easy and flexible transport grows.”

He added, “We have set the standard for connecting people to world-class transport, moving millions of global citizens every day through our offering of affordable and reliable rides at the touch of a button. Our service complements existing transport options, so we can all work together to reduce traffic congestion and the environmental impact of transport in the city.”