From Creamer Media in Johannesburg, this is the Real Economy Report.

Sashnee Moodley:
The South African Football Association’s Development Agency is urging corporate companies to partner and invest in its football-based Safe-Hub programme, which aims to encourage youth to engage in life skills programmes through the use of football. Creamer Media was invited to the site of the latest Safe-Hub in Alexandra, in Johannesburg.

Sashnee Moodley:
The Safe-Hub programme – which is modelled after nongovernment organisation Amandla EduFootball’s Safe-Hub in Cape Town – hopes to repeat the original programme’s success of reducing crime-related incidents by 44% and improving learner’s math and English pass rate by 49%.

There are Safe-Hubs operating in Khayelitsha and in Gugulethu in the Western Cape, and one funded by entertainment group Tsogo Sun, in Diepsloot in Gauteng.

SAFA SDA development projects head Kgosi Zimba:

Sashnee Moodley:
Synthetic sport surfaces company Synsport is undertaking the installation of the pitch for the project. Synsport contract manager Daniel Crayton tells us more.

Synsport contract manager Daniel Crayton:

Sashnee Moodley:
The SDA and Amandla also hope to roll out 100 Safe-Hubs throughout the country by 2030 – one in each district and more than one in densely populated areas.

SAFA SDA development projects head Kgosi Zimba:

Sashnee Moodley:
Other news making headlines this week:

TNPA luring private oil-services investors to Saldanha with flexible terminal concessions
Métier reports lower margins, higher revenue
And, modernisation of steel plants crucial in South Africa

Transnet is optimistic of receiving positive responses to a tender for the development of an offshore supply base for the oil and gas industry in Saldanha Bay.
Operation Phakisa programme director Ricky Bhikraj
 

JSE-listed Sephaku Holdings’ mixed concrete subsidiary Métier increased its revenue 13% to R874-million in the year to March 31, but subdued demand from the construction industry resulted in prices remaining flat year-on-year.
Sephaku CEODr Lelau Mohuba
 

SMS group’s South African MD, Pieter Bezuidenhout, said the modernisation of South African steel plants was crucial in boosting the industry’s ability to remain internationally competitive in a difficult economic environment.
SMS group SA MD Pieter Bezuidenhout
 

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.