Archive for January, 2011

ENERGY INDABA 2011 AIMS TO KEEP THE LIGHTS ON

Thursday, January 13th, 2011

PRESS RELEASE

The mainstream media have confirmed what industry insiders have known for some time “ South Africa’s electricity supply is under pressure yet again, and business and consumers face another round of power cuts and further tariff hikes, necessitating the debate on the security of energy supply, a key topic to be addressed at the 2011 Energy Indaba.

An article on the front page of last week’s Business Times (SA dreads the lights going out yet again, Sunday Times, January 9 2011 at http://www.timeslive.co.za/sundaytimes/article838909.ece/SA-dreads-the-lights-going-out-yet-again) warns that mining will be one of the industries worst affected by possible power outages, while businesses that remain unprepared could face closure.

“This year’s Energy Indaba could not be more timeous,” says event MD Liz Hart. “Business urgently needs to explore solutions to the looming crisis as well as long-term solutions to bridging Africa’s energy gap.”

Energy Indaba 2011 takes place from March 1 to 3 at Sandton Convention Centre, combining both a conference and exhibition that will bring together the foremost experts in the world, as well as energy providers in both the traditional and alternative markets.

Eskom cannot prevent load shedding on its own and needs the support of all stakeholders. The Energy Indaba embraces the opportunity to identify and showcase companies and their products from the local, African and international marketplace with potential solutions to these challenges. Coupled to this is the need to understand how to become more energy efficient in today’s modern society, which is very energy reliant. Companies from China will be displaying products and services at the Energy Indaba exhibition which provide some of these answers and can assist in the reduction of energy usage. Africa needs to make energy efficiency a reality on this continent, as the investment required for the development of the energy sector is significant and as such is a challenge for many parts of Africa. Should Africa adopt an approach of becoming more energy efficient, this will reduce the investment required to power rural communities as well as keeping the lights on in other developed regions.

The Energy Indaba provides a platform to further promote energy efficiency in Africa, by increasing public awareness programmes showcasing energy efficienct technologies, exploring innovative financing mechanisms for funding energy efficiency projects and to enhance the message whereby Africans should try and entrench the principle of energy efficiency in their day-to-day activities so that energy efficiency consciousness becomes a way life.

We encourage business to participate at this forum to prepare their own organisations for the uncertainty in South Africa’s energy sector over the next few years, while contributing towards Africa realising its potential to emerge as a global player,â€? says Hart.

To secure your exhibition stand at this prestigious event and/or register as a delegate, please contact Candice Scorer on +27 11 463 9184, fax +27 11 463 8432, visit www.energyindaba.co.za or email info@siyenza.za.com.

ENDS
January 13, 2011
To arrange media interviews please contact:
Issued by: Siyenza Management- Celine de Canha
On behalf of: Energy Indaba
+27 11 463 9184
celine@siyenza.za.com

About Siyenza Management

Siyenza Management is a multi-faceted communications company, well established within the South African business community, and well placed to co-ordinate an event of this stature. We are immensely proud of both our South Africa roots and ability to provide services to global standards, in the fields of brand architecture, communication, event management, marketing and publishing. Siyenza, meaning “we do� in Nguni, provides a platform to facilitate the bringing together of people. Renowned as a world-class service provider, with strong networks across South Africa, Africa and the world, Siyenza is highly regarded in the business community and has sound track record of delivery, as one of the top 15 event management companies in Africa.

Kind regards

Celine de Canha
PR Executive

The interest of South East Europe in Green Energy, Waste Management & Recycling is growing up

Wednesday, January 12th, 2011

The South-East European Congress on Energy Efficiency and Renewable Energy and the Eco Forum for Waste Management & Recycling  Save the Planet are great opportunities for the leading players in the sectors to bring modern technologies, products and services to the Region, to find new partners and clients. The events organized by Via Expo will be held in Sofia, Bulgaria, in the period 13-15 April 2011.

EE & Renewable Financing, Energy Efficiency and Decentralized Energy, RES Electricity, Smart Grid Platform, Waste management and Recycling are the topics to be discussed at the three-day forums. For the fist time there will be held “Solar Business Forum for Balkans”. It will show the opportunities for investment and production of photovoltaic devices and plants in the region of South-East Europe.

Special accent will be put on the Waste-to-Energy session with 15 speakers from 10 countries: Germany, Austria, Romania, Slovenia, Japan, Canada, USA, UK, Serbia and Switzerland.

The presentaton of Barbel Birnstengel, Prognos AG, Germany, will focus on the potential of the waste it has a high material or energy value and thus could contribute to resource, environment and climate protection. How to produce useful fuels and electricity from biomass and waste resources? These questions will answer Kunio Yoshikawa from Tokyo Institute of Technology, Japan, which is developing and commercializing total technologies to convert unutilized resources such as solid wastes and biomass into high value added energy resources.

John P. Foden president of Canadian Energy-from-Waste Coalition will speak how to get approved of w2e projects, how to manage and communicate with local communities and interest groups.

The parallel exhibitions will display state-of the-art products, solutions and services in the fields of renewable energy sources, energy efficiency, waste management and recycling.

About 4 months before the events 2/3 of the area is already booked for Spanish National Participation and group participation from Austria, China, Finland, Poland, Slovenia, and the USA.
Among the exhibitors are well known names: Enercon, Global Wind Power, Fronius, Hyundai, voestalpine Krems, Phono Technologies Switzerland, Franki Grundbau, Eurosol, Siemens, Solea, PowerWind and many others.

For more info: www.viaexpo.com

Vesela Nikolova
Via Expo Ltd.

Surviving Tax: How to Face the Complexities of Tax in Europe

Tuesday, January 11th, 2011

Patrick Ellingsworth, the Chairman of the marcus evans European Tax Summit 2011 addresses some of the many issues troubling tax directors in Europe.
Interview with: Patrick Ellingsworth, Former Chair Taxation Committee, BIAC-OECD, Trustee, IBFD

Montreux, Switzerland, January 11, 2011 – FOR IMMEDIATE RELEASE

Complexities and opportunities seem to multiply constantly when it comes to tax. Trying to address an ever changing tax environment, changing regulation and legislation, and pressures to be more transparent and commercially viable are taxing taxation executives. Patrick Ellingsworth, the Chairman of the marcus evans European Tax Summit 2011 in Montreux, Switzerland, 13 – 15 March, shares his thoughts on the challenges facing tax executives, how they can minimise their exposure to tax risks and the latest developments in transfer pricing.

What are the top tax risks in Europe?

Pat Ellingsworth: A major risk relates to the increased coordination of tax authorities. This is impacting the exchange of information practices between countries, but also, the tax authorities are exchanging information about tax planning techniques and how taxpayers have been structuring their businesses to minimise taxes. The exchange of information and coordination of techniques has made it more difficult for taxpayers to know what works and what does not.

The principal technique for dealing with this is to engage actively with tax authorities, to know what concerns them and what matters they are coordinating on. When there is a dispute they will know how to approach and resolve issues, and what areas authorities are likely to focus on in an audit. Exchange of information with tax authorities is generally a good idea, as long as the tax administration is forthcoming with respect to their perspective as well.

The other risk is what I call the “US risk”; the US has for a long time had very detailed tax rules on just about everything, and that practise has been taken up by a number of other jurisdictions in Europe. The tax authorities are each adding their variation to the rules, and as a result, taxpayer planning across borders is more complex and somewhat less certain.

What are the major developments in transfer pricing at the moment?

Pat Ellingsworth: The major one is the broad reconsideration of the taxation of intangibles, brands and the like. It is not clear how this will turn out, but more coordination among tax authorities is inevitable. Another development is the increased emphasis of tax authorities on documenting transfer pricing positions in advance. Adjustments have been proposed by tax authorities solely on the grounds that the taxpayer did not file the documentation at the time the audit commenced.

What are your projections for the coming few years?

Pat Ellingsworth: Two areas are going to be major topics for discussion, one relating to permanent establishments and whether or not taxable in the other countries, and if they are, what is the computation of the income. The OECD has two major projects dealing with this and companies will have to adapt practises to deal with any new rules.

The second area is value added tax; Europe is finally looking at whether cross-border rules are coordinated and efficient. This is especially welcome for some companies, as value added tax is a very expensive proposition and the ability to administer it more efficiently would significantly improve cost structures.

Contact: Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division

About the European Tax Summit 2011

This unique forum will take place at the Fairmont Le Montreux Palace, Montreux, Switzerland, 13 – 15 March 2011. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The summit includes presentations on how to respond to the changing tax environment, business restructuring, averting double taxation and achieving true tax efficiency.

For more information send an email to Daniela Trojakova at summitspr@marcusevanscy.com or visit the event website at http://www.taxsummit.com/media_gtm_pe

marcus evans group – finance/insurance sector portal

Please note that the summit is a closed business event and the number of participants strictly limited.

About marcus evans summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit www.marcusevans.com

All rights reserved. The above content may be republished or reproduced – kindly inform us by sending an email to summitspr@marcusevanscy.com

ENERGY INDABA POWERS UP THE AFRICAN ENERGY AGENDA FOR 2011

Monday, January 10th, 2011

PRESS RELEASE

Ensuring access to energy is without doubt one of the major challenges facing the global economy today, which is a significant challenge for the African energy sector as well. A lack of access to energy services impedes those who live in extreme poverty, undermining health, stagnating growth and limiting people’s potential to rise out of poverty. Access to energy has been adopted by Africa’s leading energy forum, the Annual Energy Indaba, as a focus area to debate solutions to this dilemma facing the people on the African continent.

After the unprecedented success of the 2010 Energy Indaba in Johannesburg, South Africa, the next forum taking place from the 1 – 3 March 2011, strives to deliver on its theme of  “Energising Africa”, which will once again be held in Sandton, Johannesburg. Considering that Africa has adequate energy resources to meet its short and medium-term requirements, we still have vast populations struggling due to the limited access to energy. The continent actively seeks solutions to these challenges and regional integration is increasingly seen as a way for individual countries requiring growth in economic development to join the global economy and empower their populations. Africa is an ideal developing economy with a billion consumers, rich with natural resources in high demand from countries like China and India, provides a massive and potentially lucrative marketplace for global investors.

The 2011 Energy Indaba Conference embraces the opportunity to find solutions to these challenges and under the able Chairmanship of Mr. Brian Statham, head of the South African National Energy Association and World Energy Council representative, the event will engage decision-makers from across the continent with international speakers delivering key messages. Preparations for this year’s event are well underway and support from the World Energy Council hosting their Regional Africa Meeting as a side event of the main forum, coupled with having secured the Nanotechnology Public Engagement Media Roundtable Breakfast as well as the Capacity-building in South Africa, Namibia and Ghana to create sustainable, non-food bio-oil supply chains Conference, an Action funded under the ACP Science and Technology Programme (http://www.acp-st.eu/about/) by the European Union and implemented by the ACP Secretariat, the event is billed to be one of the top energy forums in Africa this year.

The programme for the Energy Indaba Conference will discuss crucial issues facing the continent currently, including as an example, the following:

-Africa’s new power opportunities and stakeholders,
-Renewable energy, the solution for Africa,
-The impact of energy on African business,
-The rapidly evolving African energy landscape, and
-Climate change and African energy poverty.

The closing keynote address of the Conference – to be delivered by Dr. Christoph Frei, Secretary-General of the World Energy Council on “Closing the power gap in Africa” – promises insights into the way forward for the continent and without doubt, will be a session not to be missed.

Adjacent to the conference is the Energy Indaba Exhibition and with over 80 exhibitors already confirmed provides the opportunity for visitors to meet the biggest players in the African energy sector at the exhibition. This event’s continued growth and success reflects the increasing importance of finding solutions to the challenges facing the African energy sector and provides business with a platform to enter this evolving market.

Managing Director of the Energy Indaba, Liz Hart stated “The problems facing the African energy sector are not unique in the global context, however Africa with its diverse and potentially lucrative market, requires energy to develop its potential. The Energy Indaba is the foremost forum for decision-makers to grapple with the challenges facing this industry sector to unlock the business potential already identified by Asian countries as new and emerging markets set for expansion. Simultaneously it is imperative to address issues around the access to energy for Africa’s poor to empower and develop people. We encourage business to participate at this forum to realize the potential for Africa to emerge as a global player.�

ENDS

About the Energy Indaba:Energy Indaba 2011 will be held from the 1 to 3 March 2011, at the Sandton Convention Centre, Johannesburg, South Africa. The conference continues to grow and has become the foremost forum for debating Africa’s energy solutions and focuses on: African power suppliers; alternative and renewable energies; oil and gas; the legal and regulatory framework, and investment opportunities in African energy projects. The exhibition has become a significant market-place for African and international stakeholders doing business in Africa’s energy sector.
www.energyindaba.co.za

CONTACTS:

January 9 2010

Press Release prepared by:

Siyenza Management (Pty) Ltd
Liz Hart
liz@siyenza.za.com
011 463 9184