Category Archives: Mag
Despite worldwide changes, multinationals focus on mobile workforces to support career growth and ensure global competitiveness
Mercer’s annual Cost of Living Survey finds African, Asian, and European cities dominate the list of most expensive locations for working abroad
The new government of Ghana is aiming to turn the tables around for agricultural development in the country. This includes the new project ‘Planting for Food and Jobs’ which seeks to support farmers with some basic necessities including fertilizers. In view, regional Government heads and international industry leaders to gather in Accra to discuss opportunities for West African fertilizer and agribusiness trade. The event which is organized by CRU Events and the African Fertilizer and Agribusiness Partnership (AFAP – an organization committed to providing services to the public private sectors on sustainable development programs and policies focused on market-driven business solutions in the agriculture inputs and agribusiness value chain) is scheduled for 10-12 July at the Movenpick Hotel in Accra.
Ghana will be witnessing the development an industrial business center officially unveiled as The WestPark which will be a center for industries to manufacture products locally and also engage in business comfortably to aid in the development of West Africa’s growing market. The WestPark was officially announced during the G20 Africa Partnership Conference in Berlin by the developers, BlackIvy – company that build and grows logistics and infrastructure solutions for emerging economies and businesses that serve the needs of the growing middle class. The project is estimated to cover an area of 405 acres and situated in Takoradi, along with the coast of Ghana. Germany’s Robert Bosch GmbH and Kärcher GmbH & Co. KG, America’s sports apparel manufacturer DTRT Apparel Ltd. and Ghana’s Quantum Group are strategic partners of the WestPark project. The partners are positive that this project will increase employment opportunities and ease trade growth within the West African region.
Zambia’s economy is looking bright after the recent IMF visit to the country to further discussions on the 2017 Article IV consultation. The country has grown in foreign investors towards Zambia’s government securities market and also a good climatic condition – marked by moderate rainfall to support the agricultural sector. The country has also requested for an IMF-Supported program. According to the IMF team, the Zambian economy has witnessed a positive growth which could possibly allow the country to be supported by IMF’s Extended Credit Facility (ECF). The ECF provides financial assistance to countries with protracted balance of payments problems. As it stands now, the IMF seeks to reach more understanding of the country and based on that grant Zambia’s ECF request.
Southern Africans seem to be living a dream within the healthcare system. Realities of the healthcare sector within the region is far from what the region exhibits and perceive to have. This discovery came to play when a local Future Health Index, authorized by Philips, showed that only 33% of healthcare professionals in South Africa believe the overall health of South Africans is positive while 80% of the population grade their current health system to be positively; 46% of the South African population think the health system in the country is unintegrated, while 74% of healthcare professionals feel even more strongly about this. The reason for the difference in response between the population and health professionals is related to access to health care. Health professionals largely disagree that their patients have access to care across all phases of the continuum compared with the 19-country average.
While mining companies continue to be pressured by the uncertainty that looms over the global economy, the industry is on a quest to introduce innovation to help improve important business practices. Despite the challenges that remain, the mining industry is increasingly turning to digital technologies to streamline business models, capture reliable data and improve production and safety.
- Profitability restored – aggregate net profit of $20 billion
- Balance sheets bolstered with increased debt repayments
- Market capitalisation of the Top 40 increased by 45 percent to $714 billion
- But, capex down 41 per cent to a record low of $50 billion, and exploration budgets reduced to a mere $7.2 billion
According to PwC’s Mine 2017 report (www.PwC.com), the world’s Top 40 miners recovered from a race to the bottom, with bolstered balance sheets and a return to profitability in 2016, giving them much-needed space to pause and draw breath.
Issue 2:2017 Portuguese
The Angola Monitor covers the politics, economics, development, democracy and human rights of Angola. It is published quarterly by Action for Southern Africa (ACTSA).
Jumia Travel & Accor Hotels give insights into Africa’s Hospitality Industry, 2017