Daily Archives: May 1, 2018

Newater Technology, Inc. Announces Year 2017 Audited Financial Results

YANTAI, CHINA / ACCESSWIRE / April 30, 2018 / Newater Technology, Inc. (NASDAQ: NEWA) (”NEWA,” ”we,” ”our” or the ”Company”), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced its financial results for the year ended December 31, 2017.

The year ended December 31, 2017 Financial Highlights (all comparisons to the year ended December 31, 2016)

  • Revenues increased by 106% from $12.28 million to $25.34 million, which resulted primarily from the increased demand for our projects and services, evidenced by a large increase in our project sales, an increased number of customers and larger scale projects, and service sales.
  • Cost of revenues increased by 121% from $7.74 million to $17.08 million, primarily due to the revenue growth in the same period.
  • Gross profit increased by 82% to $8.26 million in 2017 from $4.54 million in 2016, while the gross profit margin was 33%, compared to 37% for the same period in 2016.
  • Selling, general and administrative expenses (SG&A) increased by 77% from $3.15 million to $5.58 million, however, the percentage of SG&A compared to revenue decreased from 26% to 22%.
  • Operating income increased by 93% from $1.39 million to $2.69 million. Our operating income as a percentage of total revenues was 11% for both 2016 and 2017.
  • Basic earnings per share was $0.26 in 2017 compared to $0.28 in 2016.

Selected Consolidated Statements of Income and Comprehensive Income Data
in $ million

Year 2017
Year 2016
Change $
change %
Year 2015
Year 2014
Total Revenues
25.34 12.28 13.06 106 % 6.98 1.03
Total Cost of Revenues
17.08 7.74 9.34 121 % 3.76 0.67
Gross profit
8.26 4.54 3.72 82 % 3.21 0.36
Gross profit margin
33 % 37 % 46 % 35 %
SG&A
5.58 3.15 2.43 77 % 1.64 0.36
SG&A %
22 % 26 % 24 % 35 %
Operating income
2.69 1.39 1.29 93 % 1.57 0.00
Operation margin
11 % 11 % 23 % 0 %
Other Expenses (Income)
(0.38) (1.59) 1.21 0.17
Income before tax
3.07 2.98 0.08 3 % 1.40 0
Income tax provision
0.48 0.55 0.45 0.00
Net income
2.59 2.43 0.16 6 % 0.95 (0.00)
Basic Earnings Per share
$ 0.26 $ 0.28 0.12
Basic Weighted average number of common shares outstanding
9,864,479 8,767,738 8,200,000 8,200,000

Mr. Yuebiao Li, the Company’s Chairman and Chief Executive Officer, commented ”2017 was an important and pivotal year for NEWA. Our company successfully completed its initial public offering and our common shares were listed on the Nasdaq Capital Market. We continued to have robust growth in our revenues and achieved strong operating results. We are excited about 2018, as our membrane technology was successfully selected as one of the advanced technologies to be promoted in China in 2018 by China’s Ministry of Water Resources in its proclamation ”2018 Guide to Promote Advanced Practical Technology.” In addition, Phase I of our new manufacturing complex in Yantai, China, is expected to be completed as scheduled. With our new manufacturing facilities, we expect to increase our production capacity significantly, making it possible to meet the increasing expected demand for our products. In addition, we believe our unwavering commitment to R&D will position NEWA for a long-term growth.”

About Newater Technology, Inc.

Founded in 2012 and headquartered in Yantai, China, Newater, operating its business through its wholly owned subsidiary Jinzheng, specializes in the development, manufacture and sale of DTRO (Disk Tube Reverse Osmosis) and DTNF (Disk Tube Nano-Filtration) membranes for waste water treatment, recycling and discharge. Newater provides integrated technical solutions in engineering support and installation, technical advice and water purification services, and other project-related solutions to turn wastewater into valuable clean water.

The Company’s products can be used across a wide spectrum of industries, including:

– Leachate from landfills
– Wastewater from oil fields
– High acid wastewater
– Power plant waste water
– Wastewater from gas production
– Desalination

More information about the Company can be found at: www.newater.cc.

Notice

Rounding amounts and percentages: Certain amounts and percentages included in this press release have been rounded for ease of presentation. Percentage figures included in this press release have not in all cases been calculated on the basis of such rounded figures, but on the basis of such amounts prior to rounding. For this reason, certain percentage amounts in this press release may vary from those obtained by performing the same calculations using the figures in the financial statements. In addition, certain other amounts that appear in this press release may not sum due to rounding.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as ”may,” ”will,” ”intend,” ”should,” ”believe,” ”expect,” ”anticipate,” ”project,” ”estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company’s statements regarding: 1) its continued growth and business outlook, 2) completion of its manufacturing facility on schedule; and 3) abiltiy to increase its production capacity to meet the anticipated demand for its products are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the water filtration industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Company

Zhuo Zhang CFO
NEWATER TECHNOLOGY INC.
Phone: +86 (535) 626-4177
Email: zhuozhang@newater.cc

Investor Relations

Y. Tracy Tang CFA, CPA
SINO-AMERICAN INVESTOR ADVISORY
Phone: +1 (646) 485-1040
Email: Tracy.tang@sino-UsInvestors.com

NEWATER TECHNOLOGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS

December 31,
December 31,
2017
2016
ASSETS
Current assets
Cash and cash equivalents
$
3,118,080
$
1,484,762
Restricted cash, current
6,753,685
1,439,926
Accounts receivable, net
6,050,495
2,637,236
Accounts receivable from related party, net
1,060,977
Notes receivable
68,108
Inventories
10,279,397
4,840,234
Deferred cost of revenue
2,547,580
Advances to suppliers and other current assets, net
2,885,510
2,528,411
Due from related parties
3,563
Total current assets
31,634,747
14,063,217
Restricted cash, non-current
500,000
Property, plant and equipment, net
10,449,466
1,199,611
Land use rights, net
2,243,183
2,143,002
Deferred tax assets
518,251
181,003
Other non-current assets
4,591
Total assets
$
45,345,647
$
17,591,424
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable and bank acceptance notes to vendors
$
4,903,058
$
1,844,077
Loans due within one year
9,020,697
2,879,853
Due to related parties
714,999
Deferred income
25,919
Advances from customers
1,408,208
833,742
Income tax payables
501,921
329,212
Accrued expenses and other payables
8,509,425
210,400
Total current liabilities
24,343,309
6,838,202
Long term loans
11,050
Total liabilities
24,354,359
6,838,202
Shareholders’ equity
Common shares ($0.001 par value, 200,000,000 shares authorized, 10,809,000 and 9,199,000 shares issued and outstanding as of December 31, 2017 and 2016, respectively)
10,809
9,199
Additional paid-in capital
15,059,181
7,949,466
Statutory reserves
705,698
382,802
Retained earnings
5,228,733
2,960,698
Accumulated other comprehensive loss
(13,133)
(548,943)
Total shareholders’ equity
20,991,288
10,753,222
Total liabilities and shareholders’ equity
$
45,345,647
$
17,591,424

NEWATER TECHNOLOGY, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

For the Years Ended December 31,
2017
2016
2015
Net revenues
$
25,339,497
$
11,985,055
$
3,318,833
Net revenues from related parties
294,666
3,659,421
Total revenues
25,339,497
12,279,721
6,978,254
Cost of revenues
17,077,129
7,182,081
778,903
Cost of revenues from related party
556,692
2,984,968
Total cost of revenues
17,077,129
7,738,773
3,763,871
Gross profit
8,262,368
4,540,948
3,214,383
Operating expenses:
Selling, general and administrative
5,575,086
3,146,521
1,643,313
Total operating expenses
5,575,086
3,146,521
1,643,313
Income from operations
2,687,282
1,394,427
1,571,070
Interest expense
242,707
155,553
164,613
Interest income
(112,592)
(5,091)
(2,612)
Government grants
(513,538)
(1,750,726)
Other expenses
3,956
12,534
10,642
Total other expense (income)
(379,467)
(1,587,730)
172,643
Income before income tax provisions
3,066,749
2,982,157
1,398,427
Income tax provisions
475,818
548,437
452,850
Net income
$
2,590,931
$
2,433,720
$
945,577
Other comprehensive income (loss)
Foreign currency translation adjustment
535,810
(383,947)
(166,349)
Total comprehensive income
$
3,126,741
$
2,049,773
$
779,228
Earnings per common share
Basic
$
0.26
$
0.28
$
0.12
Diluted
$
0.26
$
0.28
$
0.10
Weighted average number of common shares outstanding
Basic
9,864,479
8,767,738
8,200,000
Diluted
9,864,479
8,767,738
9,160,087

NEWATER TECHNOLOGY, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

Number of Shares
Common Shares
Additional Paid-in Capital
Retained Earnings (Deficit)
Statutory Reserves
Accumulated Other Comprehensive Income (Loss)
Total Shareholders’ Equity
Balance, January 1, 2015
8,200,000
$
8,200
$
787,151
$
(35,797)
$
$
1,353
$
760,907
Net income
945,577
945,577
Capital contribution from owners
2,212,796
2,212,796
Statutory reserves
(92,995)
92,995
Foreign currency translation adjustment
(166,349)
(166,349)
Balance, December 31, 2015
8,200,000
8,200
2,999,947
816,785
92,995
(164,996)
3,752,931
Net income
2,433,720
2,433,720
Capital contribution from owners
198,917
198,917
Statutory reserves
(289,807)
289,807
Issuance of common shares for debt conversion
999,000
999
3,846,001
3,847,000
Issuance of common shares for cash
5,323,026
5,323,026
Capital distribution in connection with acquisition of a subsidiary
(4,418,425)
(4,418,425)
Foreign currency translation adjustment
(383,947)
(383,947)
Balance, December 31, 2016
9,199,000
9,199
7,949,466
2,960,698
382,802
(548,943)
10,753,222
Net income
2,590,931
2,590,931
Statutory reserves
(322,896)
322,896
Issuance of common shares for cash
1,610,000
1,610
7,109,715
7,111,325
Foreign currency translation adjustment
535,810
535,810
Balance, December 31, 2017
10,809,000
$
10,809
$
15,059,181
$
5,228,733
$
705,698
$
(13,133)
$
20,991,288

NEWATER TECHNOLOGY, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Years Ended December 31,
2017
2016
2015
Cash flows from operating activities
Net income
$
2,590,931
$
2,433,720
$
945,577
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization expense
233,493
187,662
86,396
Bad debt expense
229,707
76,459
39,173
Deferred income taxes
(312,997)
(82,162)
(106,401)
Loss on disposal of property, plant and equipment
6,199
Gain on disposal of subsidiary
(789)
Changes in assets and liabilities:
Accounts receivable
(3,345,269)
(1,410,115)
(1,411,777)
Accounts receivable from related parties
1,090,465
3,645,922
(3,754,977)
Notes receivable
70,000
(56,139)
64,218
Inventories
(4,923,400)
(2,743,853)
(1,890,918)
Deferred cost of revenue
(2,453,097)
Advances to suppliers and other current assets
(412,955)
(2,289,933)
(540,737)
Advances to supplier – related party
793,106
Due from related parties
703
75,469
(1,023)
Other non-current assets
4,719
22,857
132,971
Accounts payable and bank acceptance notes to vendors
2,825,887
1,079,258
582,555
Accounts payable to related party
(2,140,504)
1,159,416
Deferred income
(26,639)
(30,102)
61,007
Advances from customers
499,067
425,736
(42,227)
Due to related parties
5,102
(28,257)
(68,302)
Income tax payables
144,944
(181,386)
550,163
Accrued expenses and other payables
589,638
352,502
437,151
Net cash used in operating activities
(3,189,701)
(663,655)
(2,958,430)
Cash flows from investing activities
Purchase of land use rights
(2,261,745)
Purchase of property, plant and equipment
(1,482,360)
(66,641)
(1,218,404)
Proceeds from disposal of property, plant and equipment
9,296
Advances to third parties
(1,236,490)
(301,019)
(40,136)
Repayments from third parties
1,236,490
338,646
Advances to related parties
(239,467)
(353,767)
Repayments from related parties
2,960
473,320
20,871
Net change in restricted cash
(5,712,407)
(922,380)
(621,567)
Cash received in connection with disposal of subsidiary
(1,209)
Net cash used in investing activities
(7,191,807)
(2,980,495)
(2,203,707)
Cash flows from financing activities
Proceeds from issuances of common shares
7,111,325
5,323,026
Capital contribution from shareholders
198,917
2,212,796
Capital distribution in connection with acquisition of a subsidiary
(4,418,4250)
Borrowings from related parties
2,558,661
478,969
Repayment to related parties
(739,973)
(1,982,733)
(799,590)
Proceeds from loans due within one year
8,805,683
11,613,289
4,013,614
Repayment of loans
(3,283,830)
(8,142,563)
(642,178)
Net cash provided by financing activities
11,893,205
5,150,172
5,263,611
Effect of foreign exchange rate changes on cash and cash equivalents
121,621
(156,412)
(3,080)
Net increase in cash and cash equivalents
1,633,318
1,349,610
98,394
Cash and cash equivalents, beginning of the year
1,484,762
135,152
36,758
Cash and cash equivalents, end of the year
$
3,118,080
$
1,484,762
$
135,152
Supplemental cash flow information
Cash paid for interest
$
244,753
$
307,797
$
8,354
Cash paid for income taxes
$
656,602
$
812,637
$
9,088
Non-cash investing and financing activities:
Stock issued for debt conversion
$
$
3,847,000
$
Properties acquired with loans
$
206,000
$
$
Liabilities assumed in connection with purchase of property, plant and equipment
$
7,445,478
$
$

SOURCE: Newater Technology, Inc.

Marches, Rallies Mark May Day Around the World

Workers and protesters throughout the world observed May Day Tuesday with rallies and strikes demanding their governments address better working conditions and other labor issues.

In addition to being an international day honoring workers or a traditional spring time festival, Tuesday is also International Worker’s Day in many countries.

Cuba

Nearly one million Cubans gathered in Havana to commemorate their first May Day since Raul Castro stepped down as the country’s leader, the beginning of a post-Castro era.

New President Miguel Diaz-Canel was accompanied by his predecessor at the capital’s Revolution Square, where an estimated 900,000 people gathered for the annual Workers’ Day march.

Castro, who still leads the country’s powerful Communist Party, presided over the parade.

Russia

In Moscow, about 120,000 people marched from Red Square to the main streets in a traditional May Day parade.

In St. Petersburg, Russia, several hundred citizens upset over the Kremlin’s efforts to restrict internet freedom, joined the official May Day celebration. They protested the ban of the messaging application Telegram, a move that triggered a rally in Moscow that was attended by 10,000 people.

Spain

Marches calling for gender equality, higher salaries and better pensions were held in more than 70 cities in Spain. Thousands of people turned out for the largest rally in Madrid, displaying a show of unity behind the slogan Time to Win.

General Union Workers’ Union of Spain leader Pepe Alvarez said meeting the demands of feminists, youths and workers are necessary to “redistribute wealth.”

Spain’s economy has been among the fastest growing in Europe in recent years.

United States

May Day Demonstrations for immigrant and labor rights were planned in California, New York, Florida and other U.S. cities.

The Trump administration has made very clear that they’ve declared war on the immigrant community on all levels, said Javier Valdez of the advocacy group Make the Road New York.

Immigration rights organizations have participated in May Day activities for over a decade to resist anti-immigration legislation. Now the advocates are focusing on voter turnout in the November mid-term elections.

South Korea

In downtown Seoul, South Korea, about 10,000 labor union members took to the streets to call for a higher minimum wage and to make other demands.

The rally, organized by the Korean Federation of Trade Unions, urged the government to approve a $9.34 minimum wage and convert non-regular workers to regular employees with equal pay.

France

French police fired tear gas and used water cannon against some 1,200 hooded and masked protesters who appeared on the sidelines of the annual demonstration in Paris that was planned by labor unions.

Police said more than 200 of the protesters were arrested after they smashed store windows and threw gasoline bombs.

The protesters shouted anti-fascist slogans and carried Soviet flags and anti-government banners.

Iran

Hundreds of Iranians ignored a ban on protests to observe International Labor Day, leading to the arrest of at least six people outside the gates to parliament in Tehran.

Protesters gathered there and at another location in the capital, where workers held rallies and demanded higher wages, more favorable working conditions and improved retirement plans.

Turkey

Dozens of demonstrators were detained during May Day events in Istanbul, most of whom tried to march toward the city’s main square in defiance of a government ban.

Citing security concerns, the Turkish government declared Taksim Square off-limits. Nevertheless, small groups of people chanting Taskim cannot be off limits on May 1 tried to push their way into the square, resulting in scuffles and the detention of 45 demonstrators.

Taksim Square is symbolically significant to Turkey’s labor movement. Thirty-four people were killed there during a May Day event in 1977 when shots were fired into the crowd from a nearby building.

Indonesia

Some 10,000 workers rallied near the presidential palace in Jakarta, Indonesia, urging the government to raise wages and to refrain from outsourcing. They also called for a ban on foreign laborers in Indonesia, saying their presence reduces job opportunities for local workers.

Greece

Thousands of Greeks marched through central Athens in several May Day demonstrations.

Museums were closed and public transportation operated on a reduced schedule.

Police said at least 7,000 people attended one rally in Athens that was planned by the communist party-led union. They marched past parliament toward the United States Embassy.

Cambodia

Prime Minister Hun Sun observed May Day in Cambodia with about 5,000 garment workers just outside the capital of Phnom Penh.

About 2,000 other garment workers gathered at a park in Phnom Penh for a rally. They wanted to march to the National Assembly to convince lawmakers to assist them with labor issues, but the group was stopped by riot police.

Philippines

Some 5,000 people demonstrated near the presidential palace in Manila to protest Philippine President Rodrigo Duterte’s failure to fulfill a campaign promise to halt the practice of short-term employment.

They also demanded that the government provide higher wages and address joblessness and trade union repression.

South Africa

Separate May Day marches organized by rival trade unions were held in the coastal South African city of Durban and in other parts of the country.

Riot police were deployed as members of the Congress of South African Trade Unions and the South African Federation of Trade Unions marched through routes that were designed to put distance between the two unions.

On Monday, COSATU President S’dumo Diamini said at a news conference, We call upon all workers to work together. Their enemy is one: Monopoly capital.

Source: Voice of America

Marches, Rallies Mark May Day Around the World

Workers and protesters throughout the world observed May Day Tuesday with rallies and strikes demanding their governments address better working conditions and other labor issues.

In addition to being an international day honoring workers or a traditional spring time festival, Tuesday is also International Worker’s Day in many countries.

Cuba

Nearly one million Cubans gathered in Havana to commemorate their first May Day since Raul Castro stepped down as the country’s leader, the beginning of a post-Castro era.

New President Miguel Diaz-Canel was accompanied by his predecessor at the capital’s Revolution Square, where an estimated 900,000 people gathered for the annual Workers’ Day march.

Castro, who still leads the country’s powerful Communist Party, presided over the parade.

Russia

In Moscow, about 120,000 people marched from Red Square to the main streets in a traditional May Day parade.

In St. Petersburg, Russia, several hundred citizens upset over the Kremlin’s efforts to restrict internet freedom, joined the official May Day celebration. They protested the ban of the messaging application Telegram, a move that triggered a rally in Moscow that was attended by 10,000 people.

Spain

Marches calling for gender equality, higher salaries and better pensions were held in more than 70 cities in Spain. Thousands of people turned out for the largest rally in Madrid, displaying a show of unity behind the slogan Time to Win.

General Union Workers’ Union of Spain leader Pepe Alvarez said meeting the demands of feminists, youths and workers are necessary to “redistribute wealth.”

Spain’s economy has been among the fastest growing in Europe in recent years.

United States

May Day Demonstrations for immigrant and labor rights were planned in California, New York, Florida and other U.S. cities.

The Trump administration has made very clear that they’ve declared war on the immigrant community on all levels, said Javier Valdez of the advocacy group Make the Road New York.

Immigration rights organizations have participated in May Day activities for over a decade to resist anti-immigration legislation. Now the advocates are focusing on voter turnout in the November mid-term elections.

South Korea

In downtown Seoul, South Korea, about 10,000 labor union members took to the streets to call for a higher minimum wage and to make other demands.

The rally, organized by the Korean Federation of Trade Unions, urged the government to approve a $9.34 minimum wage and convert non-regular workers to regular employees with equal pay.

France

French police fired tear gas and used water cannon against some 1,200 hooded and masked protesters who appeared on the sidelines of the annual demonstration in Paris that was planned by labor unions.

Police said more than 200 of the protesters were arrested after they smashed store windows and threw gasoline bombs.

The protesters shouted anti-fascist slogans and carried Soviet flags and anti-government banners.

Iran

Hundreds of Iranians ignored a ban on protests to observe International Labor Day, leading to the arrest of at least six people outside the gates to parliament in Tehran.

Protesters gathered there and at another location in the capital, where workers held rallies and demanded higher wages, more favorable working conditions and improved retirement plans.

Turkey

Dozens of demonstrators were detained during May Day events in Istanbul, most of whom tried to march toward the city’s main square in defiance of a government ban.

Citing security concerns, the Turkish government declared Taksim Square off-limits. Nevertheless, small groups of people chanting Taskim cannot be off limits on May 1 tried to push their way into the square, resulting in scuffles and the detention of 45 demonstrators.

Taksim Square is symbolically significant to Turkey’s labor movement. Thirty-four people were killed there during a May Day event in 1977 when shots were fired into the crowd from a nearby building.

Indonesia

Some 10,000 workers rallied near the presidential palace in Jakarta, Indonesia, urging the government to raise wages and to refrain from outsourcing. They also called for a ban on foreign laborers in Indonesia, saying their presence reduces job opportunities for local workers.

Greece

Thousands of Greeks marched through central Athens in several May Day demonstrations.

Museums were closed and public transportation operated on a reduced schedule.

Police said at least 7,000 people attended one rally in Athens that was planned by the communist party-led union. They marched past parliament toward the United States Embassy.

Cambodia

Prime Minister Hun Sun observed May Day in Cambodia with about 5,000 garment workers just outside the capital of Phnom Penh.

About 2,000 other garment workers gathered at a park in Phnom Penh for a rally. They wanted to march to the National Assembly to convince lawmakers to assist them with labor issues, but the group was stopped by riot police.

Philippines

Some 5,000 people demonstrated near the presidential palace in Manila to protest Philippine President Rodrigo Duterte’s failure to fulfill a campaign promise to halt the practice of short-term employment.

They also demanded that the government provide higher wages and address joblessness and trade union repression.

South Africa

Separate May Day marches organized by rival trade unions were held in the coastal South African city of Durban and in other parts of the country.

Riot police were deployed as members of the Congress of South African Trade Unions and the South African Federation of Trade Unions marched through routes that were designed to put distance between the two unions.

On Monday, COSATU President S’dumo Diamini said at a news conference, We call upon all workers to work together. Their enemy is one: Monopoly capital.

Source: Voice of America

Transport Deputy Minister on road safety campaign in KZN

Transport Deputy Minister Sindi Chikunga on Tuesday visited Nquthu in KwaZulu-Natal to emphasise the importance of road safety.

The Deputy Minister’s visit forms part of government’s tireless effort and focus on creating greater and much needed education and awareness on the subject of road safety, the Department of Transport said.

This comes as motorists, pedestrians and communities at large round off the long weekend that kicked off on Freedom Day on Friday 27 April. The long weekend concludes today with Workers’ Day celebrations taking place across the country.

The Deputy Minister will lead a multi-disciplinary law enforcement operation along Babanango Road after which she will engage in a road safety education and awareness drive at the Nquthu local taxi rank.

The Deputy Minister will engage with motorists, passengers and pedestrians at different spots, highlighting and emphasising the importance of their safety on the road as the long weekend draws to a close, said the department on Monday.

Deputy Minister Chikunga will be joined by senior national, provincial, law enforcement and road entity officials during the visits as well as the leadership of the taxi industry in the region.

Last month, Minister Blade Nzimande released the 2018 Preliminary Easter Road Safety Campaign Report which indicated that KwaZulu-Natal had 111 fatalities this past Easter period compared to 85 in the same period last year.

The report stated that a total of 510 people lost their lives across South African roads over the 2018 Easter period. The 510 fatalities showed a 14% increase from the 449 fatalities recorded in 2017.

Source: South African Government News Agency

Death of stars, a loss of talent says NYDA

As tributes continued to pour in for three South African youngsters Akhumzi Jezile, Thobani Mseleni and Siyasanga Kobese who died in a car crash at the weekend, the National Youth Development Agency (NYDA) has described their untimely death as a loss of talent for the country.

Their contribution to a better South Africa through their natural talents will continue to inspire a generation of limitless youth, said NYDA Executive Chairperson Sifiso Mtsweni.

The trio were travelling together when their car crashed on the N6 near Komani in the Eastern Cape killing a total of five people on Saturday. The multi-talented actor, producer, TV and radio presenter Jezile was a familiar face on South Africa television having cut his teeth as a presenter on SABC’s children’s programme YoTV.

The gifted eZibeleni-born Kobese was an actress who played the character of Siphokazi on the drama series Zabalaza. She was also well-known for her powerful voice while singing with Joyous Celebration choir.

Fort Beaufort-born Mseleni was introduced to South African television viewers while playing roles including that of “Bhonyongo” in the drama series Matatiele and recently, as Babalo in the award-winning movie Inxeba: The Wound.

The NYDA sent its condolences to the friends, families, colleagues and fans of the trio while also speaking out against the carnage on South African roads

Their well-lived life will encourage youth to pursue their passion and desire to serve South Africa with vigour. Young people should take the lead and play a meaningful role in the heightened 365 days road safety programme led by the Department of Transport said Mtsweni.

Arts and Culture Minister Nathi Mthethwa said the nation has been dealt a triple and breath-taking blow.

“Death has robbed our nation of three of its versatile and glittering lodestars who- like the ‘three wise men from the East’ came into this world bearing precious gifts and shared them generously, the Minister said on Sunday.

Source: South African Government News Agency