Economic Development minister Ebrahim Patel praised the IDC for job creation.(Image: Department of Economic Development) IDC chief executive officer Geoffrey Qhena presented the company’s results on 9 September.(Image: Industrial Development Corporation)MEDIA CONTACTS • Mandla MpangasePublic Relations Manager, Industrial Development Corporation+27 11 269 3282.Janice HealingIn the past five years, more than 133 000 jobs have been created or retained through the efforts of the Industrial Development Corporation (IDC), the parastatal development finance institution.Speaking at the annual results announcement, Economic Development Minister Ebrahim Patel praised the significant role of the IDC on job creation in South Africa – despite a tough global and local economic environment. Results for the 2102/2103 financial year were presented on 9 September.The corporation has what Patel described as a unique mandate “to industrialise South Africa and to grow decent and productive job opportunities”. It carries out this mandate by providing finance to expand industrial capacity.In the period under review, it disbursed a record R16-billion of funds and maintained its funding approvals at the R13-billion level, which facilitated the creation of 18 922 direct jobs and the saving of 3 950 existing jobs. “The institution grasps the importance of job creation and supports the shift of capital investment with attractive terms to labour-absorbing projects, which is consistent with the New Growth Path framework adopted by the Cabinet in 2010,” said Patel.Areas identified as strong growth and jobs drivers include infrastructure development; core productive sectors such as manufacturing, agro-processing and mineral beneficiation; high-level service sectors, including tourism; new sectors such as the green economy; and, activities that support regional integration and African industrialisation. The bulk of IDC support over the past year focused on improving conditions in capital intensive industries to build a base for jobs to be created in downstream industries.On a sectoral basis, the greatest proportion of jobs expected to be created and saved as a result of its financing activities in 2013 is in the metals, transport and machinery products sector at 5 638 jobs, followed by forestry and wood products (4 646), textiles (4 020), agro industries (3 952), green industries (2 031), chemical and allied industries (1 029), health care (910), tourism (838), media and motion pictures (745), strategic high impact projects (627), information and communication technologies (211), mining and minerals beneficiation (166) and venture capital (146).Between 2009 and 2013, the IDC’s overall funding supported the creation of 90 000 new direct formal sector jobs and more than 8 000 jobs in the informal economy, as well as saved a further 35 000 existing jobs, bringing the overall employment impact to more than 133 000 direct jobs. The vast majority of these jobs were facilitated in Gauteng at 47 042 jobs, followed by Western Cape (20 875), KwaZulu-Natal (20 608), North West (20 504), Mpumalanga (15 662), Northern Cape (13 671), Eastern Cape (10 415), Limpopo (9 224) and Free State (2 106).However, despite the continued high levels of funding by the IDC over the past financial year, job creation recorded a decline, from 34 700 jobs in the previous year to 18 900. Chief executive officer Geoffrey Qhena explained that this was largely because high levels of funding were destined for capital-intensive projects and the acquisition of stakes in existing businesses. But the envisaged trade-off, he added, entailed a significant enhancement of the employment creation potential in the longer term as a result of the strategic interventions being implemented at present.
Character Animation Fundamentals for After EffectsCharacter Animation Fundamentals for After Effects
Learn the best techniques to give characters cartoon-like movement in After Effects. In this tutorial, we’ll cover the AE puppet tool and everything you need to get started with character animation.Character animation can be intimidating – but with After Effects you can actually give your characters realistic movements quite easily. In the following tutorial I’ll walk you through the fundamentals of character animation and the puppet tool. I’ve included the After Effects project file below so you can try it alongside the tutorial on your own.Using Photoshop, I first created a 2D character that we’ll be animating in AE (I’m calling this character “Baldy”) . Grab the After Effects project file and Baldy’s corresponding Photoshop file here:[maxbutton id=”6″]By breaking your character into individual layers in Photoshop, you can apply the animation to each layer individually in After Effects. So, when importing the PSD into After Effects make sure the layers are retained:Apply the AE puppet tool, and then pins, to each layer of your character (the pins will be used to control the character movement). In the tutorial I show you how to tweak the pin positions to create unique movement for each layer.Once you’ve got the body movement animated over time, you can continuously loop it with a simple time remap expression.We’ll finish up by modifying the overall position of the character so that he appears to walk across the frame, and by adding a shadow to give the animation more depth.Using the puppet tool and simple keyframing techniques, this tutorial is perfect for anyone looking to dip their toes into the world of character animation in After Effects. It’s not nearly as intimidating as you might be making it out to be!Got questions about this After Effects tutorial or character animation?Share in the comments below!
Petron gets back at F2 Logistics, sends PSL Finals to deciding game 3Petron gets back at F2 Logistics, sends PSL Finals to deciding game 3
Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines–Petron is not giving up the title without a fight.The defending champion got back at F2 Logistics, 23-25, 25-23, 25-14, 25-19, Thursday night to forge a deciding Game 3 in the Philippine Superliga Grand Prix title series at FilOil Flying V Center.ADVERTISEMENT F2 was in the driver’s seat in the opening set, holding a 16-12 lead before Petron buckled down to work and forced a deadlock at 23 on a service ace by Aiza Pontillas.But that’s until Petron put its act together with libero Denden Lazaro tightening up floor defense and mainstays Aiza Pontillas, Remy Palma and setter Rhea Dimaculangan helping up. View comments Sports Related Videospowered by AdSparcRead Next Panelo: Duterte ‘angry’ with SEA Games hosting hassles SEA Games hosting troubles anger Duterte LATEST STORIES Private companies step in to help SEA Games hosting Anthony Joshua wants stricter rules for drug cheats in boxing The Blaze Spikers got the numbers from their imports and a help from their local counterparts to level the series at 1-1.Game 3 is on Saturday also at the same venue.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsKath Bell banged in 27 points, while Stephanie Niemer banged in 23 points for Petron which also got 11 points from Mika Reyes.The Cargo Movers’ Maria Jose Perez went berserk in the first set, pouring in 11 points to bail the Cargo Movers out of trouble after the Blaze Spikers kept the frame tight. Philippine Arena Interchange inaugurated MOST READ DA eyes importing ‘galunggong’ anew PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Hontiveros presses for security audit of national power grid Cayetano: Senate, Drilon to be blamed for SEA Games mess Don’t miss out on the latest news and information. Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue