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New Zealand’s ‘golden visa’ scheme lures investors

New Zealand’s ‘golden visa’ scheme lures investors

New Zealand reports a significant increase in applications for its reformed foreign investor migrant visa, as the center-right government looks to attract more high-net-worth individuals to the country and stimulate economic growth.

In April, the government relaxed the rules for the visa, including lowering the minimum required funds for the category focused on higher-risk investments from NZ$15 million (approximately $9 million) to NZ$5 million ($3 million), and removing the English language requirement.

According to the government, the new applications represent a potential NZ$845 million ($503 million) in new investment for New Zealand businesses.

Immigration Minister Erica Stanford revealed that the government had received 189 applications in less than three months for the Active Investor Plus visa, compared to only 116 submissions over more than two-and-a-half years under the previous settings.

The move comes as New Zealand’s economy grew faster than expected in the first quarter, providing some relief for policymakers after the country sank into a technical recession last year, the worst since the sharp downturn of 1991, excluding the pandemic.

The government hopes that the revamped foreign investor visa will help put the economy back on a solid footing by attracting more high-net-worth individuals to the country.

SA Deputy President to attend Mozambique anniversary celebrations

SA Deputy President to attend Mozambique anniversary celebrations

Deputy President Paul Mashatile will represent President Cyril Ramaphosa and the people of South Africa at the 50th national independence anniversary celebrations of Mozambique.

The celebrations are scheduled to take place on Wednesday, 25 June 2025, at Machava Stadium in Maputo. Mozambican President Daniel Chapo has extended an invitation to South Africa to join in commemorating his country’s milestone anniversary. This year’s celebration will focus on the theme, “50 Years of Independence: Consolidating National Unity, Peace and Sustainable Development.”

Proceedings will commence with a wreath-laying ceremony at the Mozambican Heroes’ Monument to honour 50 years of national independence, followed by the main festivities at Machava Stadium. This gesture underscores the strong ties between South Africa and Mozambique, as the two neighbouring countries come together to celebrate Mozambique’s significant milestone in its history.

Read the original article here: https://www.sanews.gov.za/south-africa/deputy-president-attend-mozambique-anniversary-celebrations

SA helps neighbouring Mozambique boosts rhino populations with recent translocation

SA helps neighbouring Mozambique boosts rhino populations with recent translocation

In a significant conservation effort, 10 critically endangered black rhinos have been translocated from South Africa to Zinave National Park in Mozambique. This latest relocation aims to establish the first viable founder population of black rhinos in the park, which had lost the species over five decades ago.

The 10 rhinos, comprising five males and five females, were donated by South Africa’s Ezemvelo KZN Wildlife in collaboration with Mozambique’s National Administration for Conservation Areas (ANAC) and the Peace Parks Foundation. Funding for the initiative was provided by players of the UK People’s Postcode Lottery.

With 37 rhinos already thriving in Zinave, this translocation marks an important milestone in enhancing the park’s biodiversity and solidifying its status as Mozambique’s only “Big Five” national park. The move sets a new standard for wildlife conservation and ecological restoration in the region.

The translocation process began in 2024 when Ezemvelo’s Game Capture Unit expertly captured and prepared the selected rhinos for the journey. Ezemvelo CEO Sihle Mkhize expressed pride in the organization’s continued commitment to securing a future for rhinos in Africa.

ANAC Director General Pejul Calenga welcomed the rhinos, reaffirming Mozambique’s dedication to protecting its conservation areas and inviting all friends of conservation to visit the country.

Read the original article here: https://www.msn.com/en-za/news/other/sa-helps-neighbouring-mozambique-boosts-rhino-populations-with-recent-translocation/ar-AA1H4CAS?ocid=BingNewsVerp

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Rwandan MedTech startups

Rwandan MedTech startups

The Commonwealth Chamber of Commerce is delighted to bring to you our next installment of the Commonwealth Chamber Tech Startup Series illustrating the positive impact of Rwandan MedTech startups. This online event will take place on Zoom on 2 November at 6 pm HKT/ 12...

Isle of Man Business Opportunities

Isle of Man Business Opportunities

Located in the Irish Sea right in between England and Ireland, the Isle of Man is a self-governing British Crown Dependency with the lowest crime rate and most robust geopolitical and geo-economic stability amongst all the British Isles.

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