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Oct 29, 2024 | 
bizcommunity.com | Virusha Subban |Gabriel Rybko |Imran Salie |Ryan Bubear
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Zero Carbon Charge is urging Minister Godongwana to include measures in his Medium-Term Budget Policy Statement (MTBPS) that ensure the shift to electric vehicles (EVs) will actively contribute to reducing carbon emissions across South Africa.
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Apr 6, 2024 | 
globalcompliancenews.com | Michael Foundethakis |Virusha Subban
The African Continental Free Trade Area (AfCFTA) is expected to boost intra-African trade by more than 81 percent in the next decade. To ensure such advantages are obtained, a number of AfCFTA Protocols have been developed to facilitate sustainable investment and harmonize policy and regulations across African Union member states, including a Protocol on Investment. The Investment Protocol provides the continent with a clear set of guidelines and principles to expedite financing and investment across the continent's new free trade zone. With trade finance considered a critical enabler of cross-border investment in Africa, the Investment Protocol is also assisting development finance institutions, increasingly important in bridging Africa's trade finance gap, to more seamlessly support such investment.
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Feb 19, 2024 | 
bizcommunity.com | Lindsey Schutters |Tarryn Knight |Virusha Subban |Gabriel Rybko
Zero Carbon Charge is calling on Finance Minister Godongwana to announce a series of fiscal measures to incentivise the growth of the electric vehicle (EV) industry ahead of the Budget Speech on Wednesday, 21 February. This should include government support for off-grid, renewable energy-powered charging infrastructure, says the company.
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Feb 7, 2024 | 
bizcommunity.com | Tarryn Knight |Virusha Subban |Gabriel Rybko |Felix Njini
Zero Carbon Charge has signed a memorandum of understanding (MoU) with Chinese energy storage systems manufacturer Shanghai Magic Power Tech, also known as Magic Power, and its local partner Greencore Energy Solutions, to build and import integrated supercharging systems for its 120 renewable charging stations currently being rolled out across South Africa.
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Jan 29, 2024 | 
news24.com | Virusha Subban |Gabriel Rybko
At the tail end of 2023, on 5 December, the Department of Trade, Industry and Competition published the Electric Vehicles White Paper, which is South Africa's first true policy pronouncement on the manufacture, sale and use of electric vehicles. Virusha Subban and Gabriel Rybko explain why this policy document will help South Africa's automotive market.
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Jan 9, 2024 | 
zawya.com | Virusha Subban
Africa's role in global trade is trending. According to a recent report by Standard Chartered - Future of Trade: Africa, Africa's total exports will reach almost $1tn by 2035. Virusha Subban, partner and head of Tax in Baker McKenzie's Tax Practice Group in Johannesburg The World Bank recently reported that the African Continental Free Trade Area (AfCFTA) is predicted to increase intra-African trade volumes by 81%, boosting the continent's income by $450bn by 2035.
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Jan 8, 2024 | 
bizcommunity.com | Virusha Subban
Africa's role in global trade is trending. According to a recent report by Standard Chartered - Future of Trade: Africa, Africa's total exports will reach almost $1tn by 2035. Virusha Subban, partner and head of Tax in Baker McKenzie's Tax Practice Group in JohannesburgThe World Bank recently reported that the African Continental Free Trade Area (AfCFTA) is predicted to increase intra-African trade volumes by 81%, boosting the continent's income by $450bn by 2035.
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Jan 1, 2024 | 
bizcommunity.com | NJ Ayuk |Virusha Subban |Gabriel Rybko |Felix Njini
To meet their green agendas, the European Union, United States, and China are engaged in the modern-day equivalent of a gold rush. This time, though, fortune seekers aren’t panning for shiny nuggets in Canada, America, or Australia. Instead, all eyes are on the critical minerals of Africa — cobalt, graphite, lithium, and others — raw materials essential to the production of clean technology, including electric vehicles (EV).
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Dec 31, 2023 | 
globalcompliancenews.com | Virusha Subban
Paving the way for a more competitive automotive marketIn briefThe South African Department of Trade, Industry and Competition recently published a White Paper on the manufacture, sale and use of Electric Vehicles in South Africa. The move is a decisive step on the path to the transformation of the country’s automotive industry.
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Dec 22, 2023 | 
bizcommunity.com | Lindsey Schutters |Virusha Subban |Gabriel Rybko |Robin Fredericks
Volvo Car South Africa has announced that the first batch of its fully electric EX30 model is en route to the country. The EX30, set to debut in the first quarter of 2024, is poised to be one of the most competitively priced electric vehicles available, with prices starting at R775,900. The Swedish luxury SUV has already garnered considerable interest, with over 150 pre-orders placed as of September 2023. This marks a promising step towards sustainable transportation in South Africa.
