By G.P. | ABUJA ECONOMIC weight in Africa is shifting north. Nigeria has overtaken South Africa to become the continent’s largest economy following the recalculation of GDP, although it remains less developed and more unequal than its rival. Moving up ten notches to become the world’s 26th largest economy, Nigeria has joined…
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Lower oil prices and a rise in domestic demand could fuel a modest rebound for South Africa s economy in 2015 after power supply and labour disruptions slowed growth last year, the Oxford Business Group writes in its latest review. Broader uncertainty over emerging markets took its toll on the South African economy in 2014…
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A building under construction in Kigali. The East African economies will be boosted by the construction sector in 2016. PHOTO | FILE Regional economies had predicted a rise in their growth rates, but poor performance by several key sectors saw most of them fail to meet their targets due to inflation, falling commodity prices…
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How curious are you about wanting to understand more about what it means - and takes - to be a coach in the ever changing world of work? Perhaps you are thinking of expanding your skill set in line with your philosophy of continuous learning? What would it mean to you if you made a strategic career change to explore the possibility…
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A Spanish campaign to fight Ebola in Africa. The west is finally waking up to the disease’s decimating effect, writes Henrietta Moore. Photograph: Andres Kudacki/AP Like a sleepwalker roused from his dream, the world is slowly waking up to the full nightmare of the Ebola outbreak decimating west Africa. With small numbers of…
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November 2015 ~ Welcome to the Official Blog of THE INK Newspaper
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The government’s inability to address critical socio-economic and political rights issues such as unemployment, corruption, and threats to freedom of expression remains a concern for many South Africans. In May 2014, President Jacob Zuma and the African National Congress (ANC) won a second term in office, but the majority victory…
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Addresses the real possibilities for African development in the coming decades when seen in the light of the continent’s economic performance over the last half-century. This involves an effort to emancipate our thinking from the grip of western economic models that have often ignored Africa’s diversity in their rush to peddle…
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THE HISTORY OF DIAMOND MINING AND DIAMONDS IN SOUTH AFRICA The 1867 discovery of diamonds in the Cape Colony, South Africa, radically modified not only the world’s supply of diamonds but also the conception of them. As annual world diamond production increased more than tenfold in the following 10 years, a once extremely rare…
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At VAA, we work with numerous African producers who provide high-quality goods from a wide range of categories. To find out more about our producers and their stories select a category from the drop-down below: LOCATION: Nairobi, Kenya STORY: Nestled in the misty highlands of East Africa, the Kenya Nut Company grows and processes…
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For many people, getting a good job with a reputable employer and maintaining job security is all that they are looking for. For others, however, the idea of being an employee for the rest of their days leaves a bad taste in their mouth. Many dream of being self-employed, and working at the top of a company rather than in the…
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Malema faced off with scenario planner Clem Sunter during a debate on the future of the economy . The debate‚ dubbed “rumble in the urban jungle ‚ was organised by the Cape Chamber of Commerce. “We are not proposing the shut down of private capitalwe want a mixed economy with the state being the leader‚” said Mr Malema during…
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Radio 702 - The Podcastsen-us20062702webmaster@702.co.zawe look back at social media in 2015 and Google Play Music launches in South Africa.Bruce gives an update on current business issues in Africa.Chinese President Xi Jinping s Africa visit and the MTN fine saga made it to this week s Africa Business Report with Liesl Louw-Vaudran…
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South Africa s economy posted moderate growth of 2.5% in 2012, down from 3.5% in 2011, Statistics SA reported on Tuesday, with gross domestic product (GDP) growth up from 1.2% in the third quarter to a stronger than expected 2.1% in the fourth quarter. Contributors, constraints The main contributors to the quarter-on-quarter…
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It can be difficult to determine which kind of insurance you need for your small business. Different types of insurance have confusingly similar names; your state, town, or county may have its own insurance requirements; and many industries have coverage specific to them. Insurance is one of the most neglected small business…
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This paper examines the long-run and the causal relationship between economic growth, pollutant emissions and energy consumption for South Africa for the period 1965–2006 in a multivariate framework which includes labour and capital as additional variables. Using the bound test approach to cointegration, we found a short-run…
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By Paul Stevens | Chatham House We received the following response from Professor Paul Stevens of Chatham House, a think-tank, about a recent article in The Economist On January 10th 2015, The Economist published an article entitled African economic growth: The twilight of the resource curse? The article argued that the economic…
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As ever, Nigerian banks dominate our regional table, although it will be interesting to see how they manage the introduction of more testing reserve requirements. The central bank has also instructed lenders to cut the fees and commissions they charge customers. Other Nigerian firms have also enjoyed rising values: the market…
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This study aims to assess the economic growth and development approaches that have been used by South Africa and South Korea. With this in mind, a brief overview at the socio-economic history of each country is given and the various plans implemented by both countries are considered. In chapter one, a brief comparison between…
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Imagine an Africa with entrepreneurial spirit, striving to take care of itself and find African solutions to African problems. That is what you will see in this groundbreaking one-hour documentary by award-winning producer Carol Pineau, and voted BBC World Documentary of the Year in 2006. There is no denying that Africa has…
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Moderator: Mr. Daniel Makokera, CEO, Pamuzinda Productions Guest Speaker: Mr. Pascal Lamy, former Director General, WTO Opening remarks: Dr. Donald Kaberuka, President of AfDB Group Panelists: S. E. M. Amadou Ba, Minister of Economy and Finance, Senegal Amb. Valentine Rugwabiza, Chief Executive, Rwanda Development Board, Rwanda…
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Messeret Habeti , co-owner of the Ethiopian restaurant Assimba at MLK and Cherry, wants to build an east African business association bringing together restaurants, shops, and more from 12th Ave to MLK. After a 2013 e coli scare made “Ethiopian” synonymous with “unsafe” in the ears of some, she told CHS, business slumped. By…
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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…
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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, the fund forecasts growth in the region of 3.75% this year, the slowest growth in six years. Next year, the report forecasts growth of 4.25%. Low oil…
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