Small economic players stand no chance to thrive in South Africa due to domination of key sectors by monopolies.
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South Africa’s idea of radical economic transformation is missing a critical element.
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A revenue shortfall of about R50 billion has pushed the South African government to hike Value Added Tax (VAT) among other taxes.
Kenya lacks skilled welders who can work on a live oil pipeline.
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To realise Kenya’s oil, gas and mining potential, the sector needs more people with the right skills to support it.
South African finance minister Malusi Gigaba could have done better in his 2018 budget speech.
Reuters/Mike Hutchings
South Africa’s 2018 budget does not go far enough. Perhaps finance minister, Malusi Gigaba was caught up in the euphoria of the widely welcomed state of the nation address by Cyril Ramaphosa.
South Africa’s Finance Minister Malusi Gigaba arrives to deliver his budget address.
Reuters/Mike Hutchings
South Africa’s 2018 national budget makes it clear that the slumber and corruption that has hampered state owned enterprises must come to an end.
When the going gets tough, taxes go up.
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The South African budget speech echoed the theme of rebuilding set out by President Cyril Ramaphosa in his state of the nation address.
South African Finance Minister Malusi Gigaba is trying to spearhead a more stable economic landscape.
Reuters/Mike Hutchings
Whether measures announced by Gigaba will stave off a downgrade of South Africa’s local currency debt by one remaining rating remains to be seen.
A Turkana woman buys food from a refugee woman in Kakuma camp in north western Kenya.
Refugee Studies Centre
Refugee policy may well be a humanitarian issue. But it is also a development issue.
South Africa’s new President Cyril Ramaphosa. Rebuilding institutions will be key.
Reuters/Gianluigi Guercia
South Africa has successfully defended its constitutional democracy. But the harsh reality is that the country still faces development challenges.
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South Africa’s new administration, under the leadership of Cyril Ramaphosa, can make some quick wins by focusing on fixing a few key areas.
Negotiation was key to convincing Jacob Zuma to step down as South Africa’s president.
Reuters/Siphiwe Sibeko
The politicians who removed Zuma are likely to be running the government for the next five years. Current events were their first test and offered a hint of how the country may be governed.
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African cities are failing to raise development funds through bond markets.
A woman worker collects roses at a flower farm in Naivasha, Kenya.
Reuters/Antony Njuguna
Large companies have a big role to play in ensuring women’s rights are protected in industries such as horticulture.
The River Nile flows through 11 African countries.
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One of the major scenes of a potential water crisis and conflict is the Nile River.
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While sovereign governments need to develop coherent frameworks to regulate cryptocurrency, permanent solutions will be found through international co-operation.
Deputy President of South Africa and leader of the country’s governing party, the ANC.
GCIS
President Jacob Zuma shouldn’t be allowed to detract from the momentum that Cyril Ramaphosa, the new president of the ruling ANC, has started to build.
South Africa’s Jacob Zuma and Russia’s Vladimir Putin meeting in 2015. Should South Africa be relying on Russia for nuclear energy?
Reuters/Ivan Sekretarev
South Africa’s obsession with nuclear energy under the leadership of President Zuma, is dangerous.
South African Reserve Bank Governor, Lesetja Kganyago, is expected to push the agenda of developing countries inside the IMF.
Reuters/Mike Hutchings
The governor of South Africa’s Reserve Bank has been appointed to chair an important IMF committee. Countries in sub-Saharan Africa stand to benefit.
Steinhoff’s former CEO, Markus Jooste, is partly blamed for the corporate scandal that threatens to collapse the company.
Financial Mail/Jeremy Glyn
Gaps in the two tier board structure which is favoured in Europe may be partly responsible for the Steinhoff corporate scandal.
Cyril Ramaphosa, South Africa’s deputy president who was recently elected as the leader of ruling party, is seen to be fighting corruption.
EPA
The shake up at South Africa’s power utility, Eskom, sends a good signal about where Cyril Ramaphosa is taking the country.
REUTERS/Siphiwe Sibeko
Zimbabwe’s new administration has promised to revive the country’s agricultural sector. Here’s what it needs to do.
There are few hotels of an international standard in Ethiopia.
Adam Jones/Flickr
Ethiopia must address hotel industry challenges to take advantage of its huge tourism potential.
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A change in the ownership of the South African Reserve Bank from private shareholders to government shouldn’t impact the constitutional mandate of the central bank in any way.
REUTERS/Siphiwe Sibeko
In announcing free higher education, South African President Jacob Zuma, lobbed a populist hot potato at the ANC elective conference but it’s ordinary people whose fingers will be burnt.
Kampala experiences heavy traffic in the city due to rapid population growth.
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Metropolitan areas are key to economic prosperity of countries. But this is affected when the population grows too fast like in Uganda’s Kampala, where growth has outpaced infrastructure development.