The latest production numbers for gold production in South Africa further confirms the yellow metal s decline in South Africa. Historical values of the gold index show the extent of how production has fallen. In January 1980, the index was 359, 0, while the volume of gold produced was far lower in January 2015, resulting in…
Image copyright Getty Images Economic growth in sub-Saharan Africa is slowing sharply, the International Monetary Fund (IMF) has warned. In its latest African Economic Outlook…
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South Africa has a vibrant, growing film industry that is growing in reputation and is competitive internationally. Local and foreign filmmakers are taking advantage of the country s diverse, unique locations as well as low production costs and favourable exchange rate, which make it cheaper to make a movie here than in Europe…
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Michael Katz of ENSafrica (L-R), Consul General Christopher Rowan, Carol O’Brien of the American Chamber of Commerce, Frans Cronje of the South African Institute of Race Relations, and Shireen Chengadu of GIBS. Consul General Christopher Rowan hosted a group of Georgia State University executive MBA students Tuesday at the U.S…
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Africa is home to some of the harshest environments on earth as well as some of the world s largest and most exotic animals, some of which are quite dangerous and even deadly. Africa is also home to some of the world s most beneficial and unrivaled natural ingredients. Ingredients that possess the power to heal, soothe and rejuvenate…
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Yemi Kale Statistician General, National Bureau of Statistics in Nigeria Morten Jerven Associate Professor, Simon Fraser University Panelists Andrew Dabalen , Lead Economist, World Bank Africa Region, World Bank Roberto Rosales, Deputy Director, Statistics, International Monetary Fund Amanda Glassman, Senior Fellow and Director…
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Following the retirement of Hans Joachim Grieb, the ATEC Group comes under new management in April. Management tasks are being handed over to Wolfgang Hammer and Dr Stefan Kern. Wolfgang Hammer ICR took the opportunity to meet with Dangote Cement’s new CEO, Onne van der Weijde, during the recent Cemtech Middle East &…
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Biggest lessons by learnt by industry practitioners to Business Analyst Job seekers Business Analysts who are on the joband have been in industry were approached to share their greatest lessons whichcould be beneficial to Business Analyst Job seekers. In an honest and frankconversation, under the safety and freedom of anonymity…
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AS MOST of Africa begins to prosper, the continent’s biggest economy is faltering. Figures released on May 28th showed that GDP in South Africa rose at an annualised rate of just 0.9% in the first quarter. A new report from the African Development Bank (ADB) and the OECD, a rich-country think-tank, trumpeting Africa’s economic…
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“Our students come from the slums of Nairobi, they’re the poorest of the poor, ” says Paula Meyer, who co-founded the organization in 2006. Meyer, who capped a long career in financial services leadership as senior vice president at Ameriprise Financial, concluded that continuing to fund the charity through philanthropy alone…
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David Cameron speaks compellingly about international aid. Eradicating poverty, he says, means certain institutional changes: rights for women and minorities, a free media and integrity in government. It means the freedom to participate in society and have a say over how your country is run. We wholeheartedly agree and were…
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The emphasis in this and subsequent chapters will be on products currently known to be derived from palms. (Examples of the array of artisanal palm products are shown in Figures 3-1, 3-2 and 3.3.) With respect to more important economic species, some production statistics are available; however, as regards most of the minor…
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Africa is a highly resourceful continent with great return on investments if you can be able to strategize and tap in to the huge market. With a population that is almost equal to 1 billion people, your market cannot be bigger. The problem however being faced by a lot of people is knowing the right African business idea to invest…
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Egg Films started in 1998 as a two man operation based in Cape Town. Through a philosophy of creating innovative and conceptually-driven work, the South African production company built a reputation for producing award-winning commercials. Egg rapidly established itself as a leading production company in South Africa, picking…
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Home> Trade, Exports & Investment the dti plays a critical role in the promotion of economic development and meaningful participation in the global economic and trade environment. It achieves this by working to build an equitable multilateral trading system that facilitates development, strengthens trade and investment…
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The World Bank cut South Africa’s economic growth forecast for this year to 2% as an ongoing strike that’s shut the nation’s platinum mines disrupts output. “Tight monetary policy combined with labour strikes and deficient electricity supply will keep growth subdued in South Africa, ” the Washington-based lender said in its…
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One half of the African continent lives below the poverty line. In sub-Saharan Africa, per capita GDP is now less than it was in 1974, having declined over 11 percent. While the rest of the world s economy grew at an annual rate of close to 2 percent from 1960 to 2002, growth performance in Africa has been dismal. From 1974…
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South Africa Table of Contents Gross Domestic Product Historically, mining and agriculture contributed the most to national output. With government assistance during and after World War II, manufacturing grew to become the greatest contributor to overall gross domestic product, and overall economic growth in the 1960s rivaled…
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AFRICAN consumers are underserved and overcharged, reckons Frank Braeken, Unilever’s boss in Africa. Until recently, South Africans who craved shampoo made specially for African hair, or cosmetics for black skin, had little choice besides costly American imports. Unilever spotted an opportunity: its Motions range of shampoos…
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Categories: Featured, IGD In the News, Perspectives By Richard Gilbert, Deputy Director, Business Action for Africa, and Helen Mant, Vice President, Initiative for Global Development. This is the final post of an online series, cohosted with Business Fights Poverty, featuring essays from New Africa: From Growth to Jobs, a recent…
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Traditional Economy is a system where the allocation of available resources is made on the basis of inheritance. As a deep-rooted economic theory with well-built social set-up, Traditional Economy generally makes use of prehistoric instruments and techniques. From time immemorial, conventional and age-old human occupations like…
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The number of farm murders rose to 67 in 2014 from 62 the previous year, Afriforum and the Transvaal Agricultural Union (TAU) said. There were 277 farm attacks in 2014, which the organisation believes is the highest figure since 1990. The 132.2 murders on farms per 100, people is more than double the murder rate for policeman…
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We know you want nothing but the best for your little ones and for the world they’ll grow up in, which is why we offer an extensive selection of safe natural baby products and accessories. These quality organic baby products have been sourced from around South Africa and overseas to bring peace of mind to eco-conscious parents…
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South African economist Xhanti Payi talks about why both government and business need a shift in thinking to address the country s economic quagmire. Firstly, we need to rebuild confidence in the market. Secondly, the private sector needs to start taking risks and invest in the country. And lastly, government needs to start…
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– Sub-Saharan Africa economies continue to implement reforms to improve the business climate for domestic entrepreneurs, with members of the Organization for the Harmonization of Business Law in Africa (OHADA) particularly active during the past year, says the World Bank Group’s annual ease of doing business measurement. Doing…
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