Category Archives: Mag

Conflict Diamonds from CAR Entering International Markets via Cameroon

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Kimberley Process must act after new report reveals shortfalls in Cameroon’s traceability procedures create opportunities for smuggling and corruption

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Tax compliance gets easier for companies, but new data highlights post–filing challenges across the world

Kyle Mandy, Tax Policy Leader for PwC South Africa

Kyle Mandy, Tax Policy Leader for PwC South Africa

Africa is still a difficult region for paying taxes – PwC

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Promoting African Culture Through Clothes and Fabrics

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In modern times, African culture is being displayed in many material forms and to that, we are gradually expanding our reach on the global market. In recent decades, it is of no surprise to see folks in Europe or the United States wearing clothing manufactured from African print materials or clothing with African symbols inscribed in it. The use of beads as chains, bracelets, etc is no longer a thing of Ghana, Nigeria, Senegal, or any of the sub Saharan countries but could be found in many parts of the world.

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Using aid for structural change in fragile states could help curb rising instability, says OECD

image001The world has grown more violent over the last decade, interrupting a long-term trend of increasing peace and disproportionately impacting civilians. This is despite rising financial flows to the most vulnerable places, according to a new OECD report.

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Great Prospect for Dairy Products Market in Kenya

Most sub Saharan countries depends largely on Agriculture for the rise of their economy. In Kenya, it is more vital as Agriculture contributes substantially to the country’s GDP. A study conducted by Ken Research shows that Kenya’s dairy sector is on the rise as dairy farmers keeps increasing which has led to a regional recognition as the country’s dairy sector has evolved to become very functional in dairy product trade in the continent.

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Namibia comes out top of all African countries featured in Global Entrepreneurship Index

  • The Ashish J Thakkar Global Entrepreneurship Index of 85 countries ranks Singapore as the best environment for entrepreneurs
  • Of the African nations, Namibia scores highest and comes 42nd overall – ahead of other prominent African markets, such as Nigeria, Kenya and South Africa
  • The research, conducted by Mara Foundation and Opinium Research, examines the state of entrepreneurship around the world
  • Inaugural index features special ‘Focus on Africa’ section, with a deeper look at ‘women in the workplace’ and ‘youth unemployment’

Singapore has topped an in-depth study of the world’s nations as offering the best environment for entrepreneurs, according to an Index developed by Mara Foundation (Mara-Foundation.org) and Opinium Research.

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African Travel Spend expected to rise 24 Percent with Introduction of African Union Passport Introduction in 2018

New research released by global travel technology provider, Sabre Corporation, has revealed that African air travel spend is expected to rise 24% with the introduction of the pan-African passport in 2018. The new passport will enable African travellers to visit other countries on the continent without a visa.

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Hedge Fund Myths Busted

Despite the misconception that hedge funds are risky investments, South African-based funds are in fact relatively conservative. Interestingly, many South African investors still perceive hedge funds as the riskier investment when compared to other more traditional and more familiar investment vehicles/ strategies.

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High Interest Rates: How do they impact Small Businesses in East Africa?

Small & Medium Businesses in East Africa should be looking at ways to maximise their efficiency and improve debt management to navigate the risks that high interest rates pose for their businesses.

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Zambia’s Economy on the Low due to Power Shortages and Low Export

Policy instability is continually hurting the economy of Zambia as other local activities and external factors also contributes to this inflection. In view, Mr. Tsidi Tsikata led a team of International Monetary Fund (IMF) staff to assess the economic status of of Zambia while making meaningful inputs towards necessary steps that will help redefine the strength of the economy and also enhance a gradual growth of the economy. Tsidi Tsikata and his team led the study after being invited by authorities of Zambia, the exercise was carried out for close to two weeks.

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Feature: Transforming Africa through Social Entrepreneurship

Faraja Nyalandu assists a school girl using Shule Direct platform

Faraja Nyalandu assists a school girl using Shule Direct platform

Social entrepreneurs are individuals whose innovative solutions help solve society’s most pressing social challenges. They draw on business techniques to find solutions to the everyday challenges that confront us in society but unlike regular entrepreneurs their primary aim is to create impact and improve lives, not to make profit.

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Jumia Travel Predicts Record Growth for the Ethiopian Tourism Industry

Jumia Travel celebrated its 1st annual tourism industry and hotel awards day at Ramada Addis. After over a year of successfully establishing and growing its online hotel booking service in Ethiopia, Jumia Travel, has become the N°1 online hotel booking platform in Africa. On this annual celebration day experts on the hospitality industry presented their findings on the Ethiopian hospitality industry’s progress, shortcomings and future expectations.

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Revolutinising The Global Food System

food-chain5A strong theme emerged from the Future Food Tech Summit in London last week, that the world is in desperate need of innovative and sustainable solutions to increase agricultural output, while reducing inputs, in order to meet the needs of a growing population. At the forefront of these discussions was the consensus that the global food ecosystem is becoming very complex. As it undergoes a rapid transformation towards higher-value products, there was a call to more efficient processes and higher degree of vertical integration that optimises supply chains. Although not yet well understood, the implications for the whole industry structure, its competitiveness and consumer markets would be far-reaching. Developing countries in particular face resource and structural constraints, potentially impeding a successful participation in emerging value chains. Transforming the ecosystem would have vital implications for poverty and food security.

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The Effects of the Education System on South Africa’s Economic Growth

matt-radcliffeby Matt Radcliffe

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The evolution of CSI – for the better of communities…and the economy

By employing dedicated Corporate Social Investment (CSI) departments, that do concise and researched CSI planning, corporates can have a bigger and better impact on the communities they support to ‘effectively’ uplift people from the ground, to the boardroom, says Glenda Mansfield, CMO of Marketing CSI South Africa.

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The employment relationship and how it is affected by business transfers in countries across Africa

The Employment & Benefits team at pan-African law firm, Bowmans, has put together a Guide covering the employment consequences in business transfers in Botswana, Cameroon, Kenya, Madagascar, Nigeria, Senegal, South Africa, Uganda, Tanzania and Zambia. The Guide outlines the laws in each jurisdiction that regulate the employment consequences of business transfers and provides useful insight for those planning to buy or sell a business, or out- or in-source a service, in those countries.

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The Ripple Effect: The Role of Women in African Economic Development

marieke-shukla-headshotBy Marieke Shukla

Abstract

Africa is a continent with incredible hope and opportunity along with incredible challenges.  When visiting Africa, one hears about challenges regarding basic human needs such as nutrition and health care.  One also hears about the leadership challenges South Africa currently faces. Upon further reflection after visits to several organizations, including Olam International, Philani, and the African Leadership Academy, it is clear that women in Africa are uniquely positioned to move the continent forward economically and politically.  Based on the author’s experience in South Africa, there are three key areas where women can have a substantial impact: (i) agriculture, (ii) health education and (iii) leadership in politics and business.  These areas will be the focus of the analysis below.

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