Daily Archives: May 2, 2018

YPO Innovation Week Unites Global Innovators for Africa Ignite Event

Signature Event in Kenya Will Feature Cutting-Edge Insights from a Selection of Africa’s Most Innovative Thought and Business Leaders

JOHANNESBURG, South Africa, May 02, 2018 (GLOBE NEWSWIRE) — As part of its third annual YPO Innovation Week, YPO will host Africa Ignite in Nairobi, Kenya, convening more than 140 senior executives to discuss and brainstorm how technology is transforming business operations in Africa and around the world.

YPO Innovation Week is a series of more than 50 events conducted in over 30 countries throughout the world from 7-11 May 2018, featuring dynamic global innovators who will come together to share best-in-class business strategies as well as timely and relevant insights that are fueling innovation and shaping the future of global business over the next decade.

Through lectures, workshops and site visits, Africa Ignite will focus on the opportunities and challenges of doing business in Africa, while highlighting Africa’s spirit of innovation.

“Africa is a hotbed of innovation, as will be showcased throughout Africa Ignite 2018,” says YPO Africa Ignite Co-Champion Dhruv Pandit, CEO of Fedha Group. “YPO members from across Africa will share experiences with each other and learn from truly innovative businesses that are already disrupting the African landscape in a positive way.”

Featured speakers include:

  • Craig Wing, Partner of FutureWorld International
  • Rob Burnet, a two-time Emmy Award winning producer and founder and CEO of Well Told Story
  • Eric Hersman, Founder and CEO of BRCK and Founder of iHUB
  • Vishal Agarwal, Chairman and Chief Executive of Full Circle Africa and YPO member
  • Jon Foster-Pedley, Dean of the Henley Business School

Co-Champion Chirag Sanghrajka, Managing Director of Cape Holdings Ltd., adds, “The event sold out in record time, and we look forward to welcoming over 140 top CEOs from across Africa and beyond.”

YPO Innovation Week is a global event during which the world’s most innovative companies share their inspiration and insights. YPO Innovation Week is designed for YPO leaders who are responsible for vision, strategy, information and technology who are charged with driving innovation — across industries and sectors.

Through signature Innovation Week events, live two-way interactive video casts and livestream events, business leaders will learn how to keep pace with innovation trends on a global scale, innovate and disrupt industry practices, nurture and develop value-creating ideas across organizations and positively impact communities, industries and the world.

Additional Innovation Week signature events will be held between 7-11 May 2018 in major cities including Sydney, Australia; London, England; New York, New York, USA; Santa Domingo, Dominican Republic; and Silicon Valley, California, USA.

For more information, visit the YPO Innovation Week website.


The premier leadership organization of chief executives in the world.

YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact.

Today, YPO empowers more than 25,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ 16 million people and generate USD6 trillion in annual revenues.

Leadership. Learning. Lifelong. For more information, visit YPO.org.

Linda Fisk
Office: +1 972 629 7305 (United States)
Mobile: +1 972 207 4298


JOHANNESBURG– Ace Magashuie, the Secretary-General of South Africa’s ruling party, the African National Congress (ANC), has called for unity among the ANC, the Congress of South African Trade Unions (Cosatu), which is the county’s biggest labour federation, and the South African Communist Party Alliance (SACP), the three members of the Tripartite Alliance.

He was addressing thousands of workers who attended Cosatu’s march to steel producer Arcelor Mittal in Vanderbijlpark, south of Johannesburg, on Tuesday, which was Workers Day. The march began at the Bophelong Township in Vanderbijlpark and the throngs of Cosatu members then made their way over several kilometres towards the Arcelor Mittal steel plant.

Leading the march was Magashule, together with Energy Minister Jeff Radebe, Gauteng Province Premier David Makhura and Cosatu General Secretary Bheki Ntshalintshali.

On this important day of the celebration of the struggle of the working class, we convey our fraternal warm greetings from the leadership and the membership of the ANC across the length and breadth of the country. In our meeting of the Secretariat of the Alliance, we agreed that during this year, the year of the centenary of Nelson Mandela, Mama Sisulu, this year the alliance (is) in action, not in boardrooms and in meetings, Magashule said.

Meanwhile, Cosatu says workers’ exploitation is still rife in North West Province and both the private and public sector should do more to promote workers’ rights. The Workers’ Day rally took place in the capital of the beleaguered province, Mahikeng.

The premier of the province, Supra Mahumapelo, is under pressure and the Provincial Health Department has been placed under administration. Corruption was again highlighted as a concern, crippling the provincial government and consequently affecting workers.

Cosatu says workers’ rights must be addressed. There are issues that workers are facing here. You know in the North West that the Public Service workers, in particular in the Department of Health, workers have been on strike for almost two months now. It’s because they are being treated very badly,” said Cosatu Deputy General Secretary Solly Phetoe.

“We’ve got casual workers workers are paid according to what is expected, and there is a lot of corruption that has been raised by workers in that particular department. But also, there are private workers here. Security workers, domestic workers, retail workers are being exploited in this province.

Cosatu members marched from the local taxi rank to the nearby rugby stadium where a memorandum was handed to government and various retailers.

Among those attending were members of the National Executive Committee of the ANC, Obed Bapela and Malusi Gigaba. They are part of the national government task team investigating the North West Health Department.



PORT ELIZABETH– In marking this year’s May Day rally, President Cyril Ramaphosa on Tuesday paid tribute to South Africa’s workers, thanking them for making the country what it is today.

In the end, you are the people who make South Africa work, you are the people who make South Africa move and you make South Africa move forward. We say to you that we respect and love you, said President Ramaphosa at the Congress of South African Trade Unions (Cosatu) main Worker’s Day rally here.

The President said the entire nation needed to be grateful to workers as they are the people who built the country to be what it is. The progress the country had made over the decades was through the labour of workers.

This is the day when all of us in South Africa take off our hats to you as workers and say, ‘Thank you’ for all the work that you do for this nation, the President said. He added that the day, which is commemorated annually around the world, had great significance for South Africa.

President Ramaphosa once again defended the national minimum wage, to be introduced in the next few months, saying this would be another new victory for workers. This is a victory for the workers of our country, no matter what other people may say, he added.

Last month, the Department of Labour said the national minimum wage Bill and supporting Basic Conditions of Employment and Labour Relations Bills are currently before the Parliamentary Committee on Labour, for consideration. The national minimum wage is meant to improve the lives of the workers in South Africa, according to the department.

The department said more than six million workers are expected to benefit from the minimum wage when it is introduced. It proposes, among other things, that the minimum wage level be set at 20 Rand (about 1.58 US dollars) per hour and be reviewed annually.

On Tuesday, President Ramaphosa noted that out of 16 million working South Africans, 6.6 million in several industries earned less than R20 an hour or less than R3,000 a month.

He said that the proposed minimum wage is however, not a living wage. A living wage is much higher than this R20 an hour but we said we need to form a foundation. The struggle for a living wage must continue but we must start somewhere to lift the 6.6 million so that we move towards a living wage, he said.

President Ramaphosa also reminded workers that their right to strike is protected but that they should do so in a dignified manner. He urged protesting workers and society to protest in a peaceful manner that does not degenerate to destroying infrastructure in the process.