Page 15 - Demo

The feature phone market is expected to grow slightly in Q3 2019, with shipments increasing to a total of 30,5 million units, spurred by the introduction of support for basic applications and the ability of these devices to serve as power banks.
FACT
including African businesses, to support the long-term sustainability of the KZN halaal sector for exports.
Speaking at the launch of the KZN Halaal Hub, Lester Bouah, Executive Manager for Export Development and Promotion Unit at Trade & Investment KwaZulu-Natal, said: “Halaal is diverse and is not only confined to food. It ranges from cosmetic and personal care ingredients, lifestyle, Islamic financing and much more. The halaal value chain is extensive and needs a proper development so that it yields real value. This sector alone accounts for approximately $114 billion within the food sector in the Southern hemisphere.”
The KZN Halaal Hub will become a catalytic project that has the potential to stimulate the export of halaal products not only from KwaZulu-Natal, but also from neighbouring provinces. The province is strategically positioned with well-developed logistic infrastructure to support the growth of the Halaal manufacturing and export industry.
Shabir Chohan, Chief Executive Officer of Albaraka Bank, emphasised the role of public-private collaboration in accelerating local and foreign direct and creating much needed jobs. He pledged the Islamic bank’s institution’s commitment to playing a leading role in the implementation of the KZN initiative.
Speaking on behalf of the Malaysian Foreign Trade Commission, En Muhd Hairi Zainal Abidin, presented a keynote address that demystified the halaal concept. “In the past two decades, the ’halaal’ concept has turned into an international global business with an annual turnover of almost 6.2 trillion US dollars. It is all about the faith, social responsibility, eco-friendly natured, animal and social welfare of mankind, so when you combine all these factors, they make it “Tayyab” - making the whole halaal value chain to comply with the standards. This concept runs in the life of every living individual and is not merely a way of life but a global industry.”
Sihle Mkhize, Deputy Director General at the KZN Department of Economic Development, Tourism and Environmental Affairs concluded: “Partnership with other provinces and national departments within government is also very important. South Africa is a unitary state. Transformation is key and should be prioritised by all stakeholders to ensure meaningful benefits to African businesses. Halaal could be the catalyst to strengthen trade and investment opportunities in line with African Free Trade Agreement. International linkages and collaboration are equally important for benchmarking and lessons to be learnt.”
From Left to right: Sihle Ngcamu – Executive Manager for Investment Promotion at Trade & Investment KwaZulu-Natal; En Muhd Hairi Zainal Abidin – Malaysia Foreign Trade Commission; Shabir Chohan – Chief Executive Of cer at Al Baraka Bank; Mrs Zee Cele – TIKZN Board Member; Mohamed Jinna – Chairperson of United World Halaal Development; Sihle Mkhize – Acting Head of Department at The KZN Department of Economic Development, Tourism and Environmental Affairs; Lester Bouah – Former Executive Manager for Export Development and Promotion at Trade & Investment KwaZulu-Natal
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