The document provides a PESTLE analysis of the banking sector in South Africa. It begins with an introduction to South Africa's government and demographics. Next, it analyzes the political, economic, social, technological, legal, and environmental factors impacting the banking sector. The political analysis describes South Africa's government system and the dominance of the ANC party. The economic analysis outlines South Africa's key industries and GDP trends. The social analysis notes South Africa's diversity and religious demographics. Technological factors like ATMs, internet banking, and key providers are examined. Several important legal acts regulating the banking sector are also summarized.
South Africa has a population of over 51 million people from diverse cultures and ethnic groups. Africans make up the majority at 79% of the population, while people of color and whites each make up around 9%. The population is growing and became more urbanized in recent decades. South Africa has a stable political system and growing economy, with key industries like mining, manufacturing, and tourism. However, it faces challenges like infrastructure issues, lack of skilled labor, and high unemployment.
South Africa has a population of over 50 million people and a diverse economy that is the second largest in Africa. A PESTEL analysis identifies several key factors in South Africa's external environment. Politically, South Africa is a democracy with the ANC party dominating politics since the 1990s. Economically, South Africa has a large mining and financial sector but also high unemployment and inequality. Socially, the population is diverse with 11 official languages and legal protections for same-sex marriage. Technologically, South Africa aims to be a leader in Africa but faces challenges in rural access. Environmental issues include water scarcity and pollution while the legal system blends civil and common law traditions.
The document proposes ideas to develop North-East India by creating job opportunities, improving infrastructure, and utilizing the region's resources. It notes that the North-East occupies 8% of India's area but contributes only 2.3% of GDP. It suggests setting up government and private sector organizations to generate jobs, developing industries, tourism, and local entrepreneurship to provide economic opportunities for youth and address insurgency issues.
Natasha akpoti: doing the things she can today to create the nigeria and coun...BRIGHT CHIMEZIE IREM
Who is Natasha Akpoti?
A 38 year old mother of 3, born to a Ukrainian mother
and a Nigerian father from Okehi Local Government Area
of Kogi state. Natasha started her career as a legal
counsel in Brass LNG after which she resigned to become
a Social Entrepreneur upon the establishment of Builders
Hub Impact Investment Program initiative which drives
the revival of neglected indigenous industries.
From childhood, Natasha has been a goal-oriented and
focused high achiever. Her numerous educational
qualifications proves her thirst for knowledge and quest for
self development. An amazon whose inner strength prevailed
against all obstacles to become a celebrated woman of
substance to receive the Presidential award from the
Nigerian Society of Engineers in 2017 for her outstanding
agitation for the revival of Ajaokuta Steel.
Natasha’s sheer patriotism and disruptive nationalistic
approach to issues got her identified by youths as the face of
hope for a new Nigeria. Her political philosophies
entrenched in the principles of justice, fairness and inclusivity
are Social Democratic for she believes common resources
must be harnessed for the advantage of common Nigerians.
South Africa has a diverse population and stable government. The country has experienced apartheid but now has multi-racial elections. Christianity is prominent but traditional African beliefs still influence people. Business meetings emphasize relationship building. Housing ranges from urban to rural dwellings. Pre-paid mobile phones could benefit lower income families by allowing communication despite economic challenges.
www.hasnainmraza.com
Africa has infinite potential. With numerous resources, an improving business climate and better economic governance, the numbers showing growth have been very positive. This presentation covers topics that speak on Africa's growth and where it can go. Here's a few stats that show how well the continent is doing:
A report from the African development bank said 33% of Africa's countries have GDP growth rates higher than 6%.
The costs of starting a business dropped upwards of 66% over the last 7 years.
The continent's middle class is growing at a very quick rate - approximately 350 million Africans now earn between $2 and $20 a day.
The share of the population living below the poverty line in Africa has dropped from 51% in 2005 to 39% in 2012.
Africa's collective GDP was $1.6 trillion in 2008, which was roughly equal to Brazil and Russia's GDP.
www.hasnainmraza.com
The document provides a PESTLE analysis of the banking sector in South Africa. It begins with an introduction to South Africa's government and demographics. Next, it analyzes the political, economic, social, technological, legal, and environmental factors impacting the banking sector. The political analysis describes South Africa's government system and the dominance of the ANC party. The economic analysis outlines South Africa's key industries and GDP trends. The social analysis notes South Africa's diversity and religious demographics. Technological factors like ATMs, internet banking, and key providers are examined. Several important legal acts regulating the banking sector are also summarized.
South Africa has a population of over 51 million people from diverse cultures and ethnic groups. Africans make up the majority at 79% of the population, while people of color and whites each make up around 9%. The population is growing and became more urbanized in recent decades. South Africa has a stable political system and growing economy, with key industries like mining, manufacturing, and tourism. However, it faces challenges like infrastructure issues, lack of skilled labor, and high unemployment.
South Africa has a population of over 50 million people and a diverse economy that is the second largest in Africa. A PESTEL analysis identifies several key factors in South Africa's external environment. Politically, South Africa is a democracy with the ANC party dominating politics since the 1990s. Economically, South Africa has a large mining and financial sector but also high unemployment and inequality. Socially, the population is diverse with 11 official languages and legal protections for same-sex marriage. Technologically, South Africa aims to be a leader in Africa but faces challenges in rural access. Environmental issues include water scarcity and pollution while the legal system blends civil and common law traditions.
The document proposes ideas to develop North-East India by creating job opportunities, improving infrastructure, and utilizing the region's resources. It notes that the North-East occupies 8% of India's area but contributes only 2.3% of GDP. It suggests setting up government and private sector organizations to generate jobs, developing industries, tourism, and local entrepreneurship to provide economic opportunities for youth and address insurgency issues.
Natasha akpoti: doing the things she can today to create the nigeria and coun...BRIGHT CHIMEZIE IREM
Who is Natasha Akpoti?
A 38 year old mother of 3, born to a Ukrainian mother
and a Nigerian father from Okehi Local Government Area
of Kogi state. Natasha started her career as a legal
counsel in Brass LNG after which she resigned to become
a Social Entrepreneur upon the establishment of Builders
Hub Impact Investment Program initiative which drives
the revival of neglected indigenous industries.
From childhood, Natasha has been a goal-oriented and
focused high achiever. Her numerous educational
qualifications proves her thirst for knowledge and quest for
self development. An amazon whose inner strength prevailed
against all obstacles to become a celebrated woman of
substance to receive the Presidential award from the
Nigerian Society of Engineers in 2017 for her outstanding
agitation for the revival of Ajaokuta Steel.
Natasha’s sheer patriotism and disruptive nationalistic
approach to issues got her identified by youths as the face of
hope for a new Nigeria. Her political philosophies
entrenched in the principles of justice, fairness and inclusivity
are Social Democratic for she believes common resources
must be harnessed for the advantage of common Nigerians.
South Africa has a diverse population and stable government. The country has experienced apartheid but now has multi-racial elections. Christianity is prominent but traditional African beliefs still influence people. Business meetings emphasize relationship building. Housing ranges from urban to rural dwellings. Pre-paid mobile phones could benefit lower income families by allowing communication despite economic challenges.
www.hasnainmraza.com
Africa has infinite potential. With numerous resources, an improving business climate and better economic governance, the numbers showing growth have been very positive. This presentation covers topics that speak on Africa's growth and where it can go. Here's a few stats that show how well the continent is doing:
A report from the African development bank said 33% of Africa's countries have GDP growth rates higher than 6%.
The costs of starting a business dropped upwards of 66% over the last 7 years.
The continent's middle class is growing at a very quick rate - approximately 350 million Africans now earn between $2 and $20 a day.
The share of the population living below the poverty line in Africa has dropped from 51% in 2005 to 39% in 2012.
Africa's collective GDP was $1.6 trillion in 2008, which was roughly equal to Brazil and Russia's GDP.
www.hasnainmraza.com
The document outlines the mission, vision, and strategic programs of the PDP LABAN political party in the Philippines. The party's mission is to improve the quality of life for Filipinos through participatory and accountable governance. Its vision is for the Philippines to have a respectable status among nations. The party supports humanism, nationalism, democratic socialism, and participatory democracy. It outlines 7 strategic programs, including rural modernization, developing the services sector, promoting competition, attracting investment, enhancing assets of the poor, mobilizing resources, and modernizing government administration.
The document summarizes key facts about the African continent, including its large population size, vast natural resources, and high economic growth potential. It notes that Africa has over 1 billion people, 30% of the world's remaining mineral resources, and average annual GDP growth of 5.1% over the past decade. However, it also mentions threats like political instability, lack of infrastructure, and corruption that can hamper economic development. The document recommends strategies for investors like identifying market segments, developing products for target markets, and partnering with the poor through bottom of the pyramid approaches.
National policy conference 2017 communicationsSABC News
The Communications Discussion Document focuses on how to maintain ANC hegemony in the context of a media environment characterised by greater media convergence and consolidation.
This document discusses the growth potential of North-East India. It notes that the region has a population of 38.8 million people across diverse ethnic groups, but has high poverty and low economic growth compared to the rest of India. Key challenges include insurgency, lack of infrastructure, and improper utilization of natural resources. The document outlines several policy recommendations and economic opportunities in sectors like tourism, agriculture, and mining to help realize the region's potential. These include developing individual state policies, strengthening local governments, improving education and healthcare, and boosting infrastructure development.
ICLG 2010 (Mohajane & Diale Final Version)Abel Diale
This document discusses strategic considerations for low-cost housing delivery in South Africa, using the City of Tshwane Metropolitan Municipality as a case study. It provides background on the history of unequal racial housing policies in South Africa and the current legislative framework and national policies aimed at addressing the massive housing backlog. The study investigated challenges facing delivery of low-cost housing. It found that while over 1.5 million homes have been built since 1994, an additional 2-3 million are still needed. Developers have shied away from low-cost housing due to low profits and risks. The document concludes with recommendations for improving the delivery of low-cost housing.
11.[1 12]challenges of managing local government finance in nigeriaAlexander Decker
This document summarizes the challenges of managing local government finances in Nigeria. It discusses how local governments have limited revenue sources and financial autonomy due to their dependence on state and federal allocations. This has hindered their ability to effectively carry out development projects and provide services. The document traces the history of local governments in Nigeria and reforms like the 1976 reform. It analyzes issues like joint state-local government accounts that give states control over local funds. The House of Representatives is now pushing a bill to amend the constitution and grant local governments full financial autonomy in an effort to strengthen their ability to improve rural areas.
Emerging Market Study – Top 3 for business in South America. This presentation gives a brief information about the top 3 emerging markets in South America.
National policy conference 2017 social transformationSABC News
This document discusses social transformation in South Africa and provides context for the 5th National Policy Conference. It summarizes key policies and interventions related to social transformation, including comprehensive social security, education, housing, health, and transportation policies. It also discusses nation building, the cultural and creative industries, sports and recreation, and social development policies. The document proposes resolutions to address challenges in these areas and support continued progress on social transformation goals.
The document provides an overview of South Korea across several topics:
- South Korea occupies the southern half of the Korean Peninsula and has a population density among the highest in Asia and world. The people are ethnically homogeneous.
- While South Korea had a turbulent political past, democracy is now consolidated. The political system is a presidential republic with multiple political parties.
- South Korea has a highly educated workforce, among the lowest fertility and unemployment rates globally, and women have increasing independence. Electronics, vehicles, and machinery are leading exports.
The document discusses Pakistan's economy and economic institutions. It defines key economic concepts like production, distribution and consumption. It also outlines Pakistan's economic systems of capitalism and socialism. It then describes modes of subsistence like pastoralism, horticulture and agriculture. It identifies issues facing Pakistan's economy like fiscal and monetary policy challenges, power crisis, low exports and high imports. It concludes by suggesting reforms like increasing exports, improving governance, education and developing human capital.
The document summarizes the economic and socio-political challenges facing India's North East Region and proposes policies to address them. It identifies key challenges as weak agriculture, lack of infrastructure, and insurgency. To boost agriculture, it recommends adopting indigenous rice farming practices and increasing rural credit access. For infrastructure, it proposes a new road technology using polymer and bitumen, and creating a development board. To reduce insurgency, it suggests concluding negotiations, addressing identity issues, and improving law and order. Overall, the policies aim to transition the region from a cycle of poverty to one of prosperity by realizing its potential through concerted political and development efforts.
National policy conference 2017 economic transformationSABC News
The Economic Transformation Discussion Document reiterates the ANC’s commitment fundamentally changing the racialised and unequal structure of the South African economy
The document proposes solutions to address problems facing North East India such as insurgency, infrastructure issues, and unemployment. Immediate measures include improving law and order, investing in infrastructure like roads and electricity, and improving interaction between North East and the rest of India. Long term measures involve overhauling planning and execution of economic packages, encouraging civil society involvement, setting up an IT sector to generate jobs, and stopping jhum cultivation. These solutions aim to impact 38 million people annually through local volunteer groups and improve the region's employment, peace, and development.
South Africa has 11 official languages and diverse religious beliefs including Christianity, Islam, Hinduism, and traditional African beliefs. It has several public holidays celebrating events in its history such as Freedom Day on April 27th commemorating the first democratic elections in 1994. While South Africa has a growing economy centered around industries like automotive, IT, and mining, it still faces socioeconomic challenges like high unemployment, poverty, and HIV/AIDS prevalence.
The document summarizes economic and socio-political challenges facing India's North East Region and proposes policies to address them. It outlines challenges like weak agriculture, insufficient infrastructure, and insurgency. To boost agriculture, it recommends propagating indigenous farming practices for rice cultivation, facilitating rural credit, and promoting self-help groups. For infrastructure, it suggests a polymer-bitumen road technology and creating a development board. To reduce insurgency, it proposes short-term security measures and long-term solutions like resolving identity issues and providing job opportunities. Overall, the policies aim to transition the region from a cycle of poverty to one of prosperity.
1. Colonial rule in British India differed from rule in OECD countries in that it conflated geographical and political identity, imposed indirect and impersonal rule, and centralized institutional structures for extractive goals like revenue collection rather than social development.
2. At partition, Pakistan inherited a weak state apparatus compared to India and faced greater economic difficulties due to receiving a smaller share of financial assets, industries, and military forces from British India. This led to heavy reliance on foreign aid and provincial taxation.
3. Pakistan's colonial legacy of a weak state, unequal development, and bureaucratic authoritarianism continues to influence its developmental path today through issues like ethno-nationalist conflicts, sectarianism, and uneven resource distribution among
Broad based black economic empowermentTiaan Herbst
The document summarizes changes to Broad-Based Black Economic Empowerment (BBBEE) codes introduced in South Africa in 2015. Key changes include:
- Priority elements are Ownership, Skills Development, and Enterprise/Supplier Development.
- Thresholds for Exempted Micro Enterprises and Qualifying Small Enterprises were increased.
- Recognition levels were adjusted to provide higher incentives for higher BBBEE achievement.
- Ownership and Management Control measurement criteria and targets were updated.
- Skills Development now focuses on all black people and training spend targets.
- Enterprise/Supplier Development combines procurement and development in one element.
The document outlines the mission, vision, and strategic programs of the PDP LABAN political party in the Philippines. The party's mission is to improve the quality of life for Filipinos through participatory and accountable governance. Its vision is for the Philippines to have a respectable status among nations. The party supports humanism, nationalism, democratic socialism, and participatory democracy. It outlines 7 strategic programs, including rural modernization, developing the services sector, promoting competition, attracting investment, enhancing assets of the poor, mobilizing resources, and modernizing government administration.
The document summarizes key facts about the African continent, including its large population size, vast natural resources, and high economic growth potential. It notes that Africa has over 1 billion people, 30% of the world's remaining mineral resources, and average annual GDP growth of 5.1% over the past decade. However, it also mentions threats like political instability, lack of infrastructure, and corruption that can hamper economic development. The document recommends strategies for investors like identifying market segments, developing products for target markets, and partnering with the poor through bottom of the pyramid approaches.
National policy conference 2017 communicationsSABC News
The Communications Discussion Document focuses on how to maintain ANC hegemony in the context of a media environment characterised by greater media convergence and consolidation.
This document discusses the growth potential of North-East India. It notes that the region has a population of 38.8 million people across diverse ethnic groups, but has high poverty and low economic growth compared to the rest of India. Key challenges include insurgency, lack of infrastructure, and improper utilization of natural resources. The document outlines several policy recommendations and economic opportunities in sectors like tourism, agriculture, and mining to help realize the region's potential. These include developing individual state policies, strengthening local governments, improving education and healthcare, and boosting infrastructure development.
ICLG 2010 (Mohajane & Diale Final Version)Abel Diale
This document discusses strategic considerations for low-cost housing delivery in South Africa, using the City of Tshwane Metropolitan Municipality as a case study. It provides background on the history of unequal racial housing policies in South Africa and the current legislative framework and national policies aimed at addressing the massive housing backlog. The study investigated challenges facing delivery of low-cost housing. It found that while over 1.5 million homes have been built since 1994, an additional 2-3 million are still needed. Developers have shied away from low-cost housing due to low profits and risks. The document concludes with recommendations for improving the delivery of low-cost housing.
11.[1 12]challenges of managing local government finance in nigeriaAlexander Decker
This document summarizes the challenges of managing local government finances in Nigeria. It discusses how local governments have limited revenue sources and financial autonomy due to their dependence on state and federal allocations. This has hindered their ability to effectively carry out development projects and provide services. The document traces the history of local governments in Nigeria and reforms like the 1976 reform. It analyzes issues like joint state-local government accounts that give states control over local funds. The House of Representatives is now pushing a bill to amend the constitution and grant local governments full financial autonomy in an effort to strengthen their ability to improve rural areas.
Emerging Market Study – Top 3 for business in South America. This presentation gives a brief information about the top 3 emerging markets in South America.
National policy conference 2017 social transformationSABC News
This document discusses social transformation in South Africa and provides context for the 5th National Policy Conference. It summarizes key policies and interventions related to social transformation, including comprehensive social security, education, housing, health, and transportation policies. It also discusses nation building, the cultural and creative industries, sports and recreation, and social development policies. The document proposes resolutions to address challenges in these areas and support continued progress on social transformation goals.
The document provides an overview of South Korea across several topics:
- South Korea occupies the southern half of the Korean Peninsula and has a population density among the highest in Asia and world. The people are ethnically homogeneous.
- While South Korea had a turbulent political past, democracy is now consolidated. The political system is a presidential republic with multiple political parties.
- South Korea has a highly educated workforce, among the lowest fertility and unemployment rates globally, and women have increasing independence. Electronics, vehicles, and machinery are leading exports.
The document discusses Pakistan's economy and economic institutions. It defines key economic concepts like production, distribution and consumption. It also outlines Pakistan's economic systems of capitalism and socialism. It then describes modes of subsistence like pastoralism, horticulture and agriculture. It identifies issues facing Pakistan's economy like fiscal and monetary policy challenges, power crisis, low exports and high imports. It concludes by suggesting reforms like increasing exports, improving governance, education and developing human capital.
The document summarizes the economic and socio-political challenges facing India's North East Region and proposes policies to address them. It identifies key challenges as weak agriculture, lack of infrastructure, and insurgency. To boost agriculture, it recommends adopting indigenous rice farming practices and increasing rural credit access. For infrastructure, it proposes a new road technology using polymer and bitumen, and creating a development board. To reduce insurgency, it suggests concluding negotiations, addressing identity issues, and improving law and order. Overall, the policies aim to transition the region from a cycle of poverty to one of prosperity by realizing its potential through concerted political and development efforts.
National policy conference 2017 economic transformationSABC News
The Economic Transformation Discussion Document reiterates the ANC’s commitment fundamentally changing the racialised and unequal structure of the South African economy
The document proposes solutions to address problems facing North East India such as insurgency, infrastructure issues, and unemployment. Immediate measures include improving law and order, investing in infrastructure like roads and electricity, and improving interaction between North East and the rest of India. Long term measures involve overhauling planning and execution of economic packages, encouraging civil society involvement, setting up an IT sector to generate jobs, and stopping jhum cultivation. These solutions aim to impact 38 million people annually through local volunteer groups and improve the region's employment, peace, and development.
South Africa has 11 official languages and diverse religious beliefs including Christianity, Islam, Hinduism, and traditional African beliefs. It has several public holidays celebrating events in its history such as Freedom Day on April 27th commemorating the first democratic elections in 1994. While South Africa has a growing economy centered around industries like automotive, IT, and mining, it still faces socioeconomic challenges like high unemployment, poverty, and HIV/AIDS prevalence.
The document summarizes economic and socio-political challenges facing India's North East Region and proposes policies to address them. It outlines challenges like weak agriculture, insufficient infrastructure, and insurgency. To boost agriculture, it recommends propagating indigenous farming practices for rice cultivation, facilitating rural credit, and promoting self-help groups. For infrastructure, it suggests a polymer-bitumen road technology and creating a development board. To reduce insurgency, it proposes short-term security measures and long-term solutions like resolving identity issues and providing job opportunities. Overall, the policies aim to transition the region from a cycle of poverty to one of prosperity.
1. Colonial rule in British India differed from rule in OECD countries in that it conflated geographical and political identity, imposed indirect and impersonal rule, and centralized institutional structures for extractive goals like revenue collection rather than social development.
2. At partition, Pakistan inherited a weak state apparatus compared to India and faced greater economic difficulties due to receiving a smaller share of financial assets, industries, and military forces from British India. This led to heavy reliance on foreign aid and provincial taxation.
3. Pakistan's colonial legacy of a weak state, unequal development, and bureaucratic authoritarianism continues to influence its developmental path today through issues like ethno-nationalist conflicts, sectarianism, and uneven resource distribution among
Broad based black economic empowermentTiaan Herbst
The document summarizes changes to Broad-Based Black Economic Empowerment (BBBEE) codes introduced in South Africa in 2015. Key changes include:
- Priority elements are Ownership, Skills Development, and Enterprise/Supplier Development.
- Thresholds for Exempted Micro Enterprises and Qualifying Small Enterprises were increased.
- Recognition levels were adjusted to provide higher incentives for higher BBBEE achievement.
- Ownership and Management Control measurement criteria and targets were updated.
- Skills Development now focuses on all black people and training spend targets.
- Enterprise/Supplier Development combines procurement and development in one element.
The document discusses how America's wealth gap originated during slavery and has persisted due to systemic inequalities. Slaves were unable to be compensated for their work, pass on wealth, or gain financial knowledge, putting African Americans at a long-term economic disadvantage compared to whites. Centuries later, statistics still show large disparities in net worth, homeownership, and the impacts of recessions between black and white households. Contributing factors discussed include tax policies that benefit the wealthy, bailouts of major corporations that prioritized shareholder profits over workers, and influence of wealthy donors on political decisions. The document argues these types of actions have exacerbated the wealth gap in America.
The document outlines the proposed Road Freight Charter scorecard for measuring B-BBEE compliance. It includes scorecard elements for ownership, management control, skills development, enterprise/supplier development, and socio-economic development. Targets are provided for each indicator in the scorecards for both generic and qualifying small enterprises. Implementation and monitoring of scorecards will be overseen by the Transport Sector B-BBEE Charter Council.
This document summarizes the evolution of Black Economic Empowerment (B-BBEE) in South Africa from its inception in 2003 to amendments made in 2013 and 2015. It outlines the objectives of B-BBEE, major amendments made to the B-BBEE Act in 2013 related to oversight and criminal offenses, and implications of the amended Act for procurement policies, reporting requirements, and penalties. It also describes the classification of entities, scoring methodology, compliance levels, and amendments made to elements like ownership, enterprise development, and the introduction of the "empowering supplier" concept in the 2015 amendments.
THE AMENDMENTS TO THE BBBEE ACT 53 OF 2003 AND THE CODES OF GOOD PRACTICE ISS...Werksmans Attorneys
The document summarizes key amendments to the Broad-Based Black Economic Empowerment Act of 2003 and the Codes of Good Practice in South Africa. It discusses:
1) Establishment of a BBBEE Commission to oversee compliance, investigate complaints and fronting practices, and maintain a register of large BBBEE transactions.
2) Definitions added for terms like "knowingly" and expansive definition of "fronting practice".
3) Introduction of criminal offenses for misrepresentation of BBBEE status or fronting, carrying fines and imprisonment.
4) Increased reporting obligations on government entities to consider BBBEE in procurement and develop partnership criteria.
This document discusses the history and evolution of black economic empowerment (BEE) policy in South Africa since 1994. It describes how BEE began as an effort to increase black South African participation in the economy after decades of exclusion under apartheid. The document outlines the hopes and aspirations that different groups had for BEE, including the ANC's goal of creating a "patriotic bourgeoisie." It also discusses the criticisms of early BEE efforts as primarily benefiting elites. The current broad-based black economic empowerment strategy aims to spread empowerment more widely across the economy and population.
The document discusses several topics related to inclusive growth and democratic governance in Africa:
1) Africa has experienced strong economic growth in recent years but growth has failed to reduce inequality or poverty for many. Youth unemployment poses a challenge to stability and sustained growth.
2) The Arab revolutions have inspired citizens across Africa and governments are taking action to address issues like inequality, poverty, employment and income distribution.
3) Barriers to inclusive growth in Africa include lack of government effectiveness, economic diversification, integration, and enabling environment for the private sector.
4) The AfDB aims to support inclusive growth through improving governance, infrastructure, private sector development, education, and addressing financial exclusion and vulnerability to shocks
The document discusses several topics related to inclusive growth and democratic governance in Africa:
1) Africa has experienced strong economic growth in recent years but growth has failed to reduce inequality or poverty for many. Youth unemployment poses a challenge to stability and continued growth.
2) The Arab revolutions have inspired citizens across Africa and governments are taking action to address issues like inequality, poverty, employment and income distribution.
3) Barriers to inclusive growth in Africa include lack of government effectiveness, lack of economic diversification, lack of integration, and an unfriendly environment for business.
4) The AfDB aims to support inclusive growth through improving governance, infrastructure, private sector development, education, and addressing financial exclusion and
The document is the 2021 local government elections manifesto of the African Transformation Movement (ATM) political party in South Africa. It outlines the party's five pillars of transformation which include building corrupt-free, accountable and capable municipalities. The ATM commits to transforming municipalities into ethical and economically viable entities, ensuring they are tolerant, competent and consultative. The party also pledges to place poverty reduction and socio-economic transformation as top priorities to design effective public policies. It aims to strengthen local governance through anti-corruption programs and legislative reform to ensure laws aid transformation.
The informal economy in the southern african development community (sadc)Dr Lendy Spires
The document discusses the informal economy in Southern African Development Community (SADC) countries. It provides an overview of the size and importance of the informal economy in SADC nations, with available statistics showing that the majority of workers in countries like Zambia, Kenya, and South Africa are employed in the informal sector. The informal economy makes significant contributions to GDP in many developing countries. The document then outlines several challenges faced by informal workers, particularly women, such as lack of policy support, exploitation, barriers to organization and finance access. It concludes by outlining recommendations, including integrating the informal economy into decent work agendas, providing support services, and ensuring the participation of informal workers in policymaking.
Implications of the colonial economic legacy on the prospects and future of e...iosrjce
IOSR Journal of Humanities and Social Science is a double blind peer reviewed International Journal edited by International Organization of Scientific Research (IOSR).The Journal provides a common forum where all aspects of humanities and social sciences are presented. IOSR-JHSS publishes original papers, review papers, conceptual framework, analytical and simulation models, case studies, empirical research, technical notes etc.
The Causes And Effects Of Corruption In South AfricaDana Boo
Corruption has plagued South Africa since British imperial rule established a minority white government that implemented apartheid. After decades of resistance led by Nelson Mandela and the ANC, apartheid was abolished in 1994. However, corruption remained entrenched in government and business, undermining economic development and equal opportunities. Peaceful reconciliation has been incomplete, as seen in recent xenophobic violence. Further conflict resolution efforts are needed to fully address the country's divided past and promote good governance.
Investing in Africa successfully & sustainablyJames Mwangi
The document discusses key factors driving growth in Africa and areas of corporate social responsibility for successful and sustainable business in Africa. It outlines population growth, urbanization, infrastructure development, improved governance, and technology/financial inclusion as macroeconomic drivers of growth. Key growth sectors are identified as consumer goods, infrastructure, energy, mining, housing, manufacturing, and information/financial services. The document recommends that businesses focus on community sustainability, skills development, avoiding corruption, and environmental sustainability to ensure positive corporate social responsibility.
Staffan Canback - Ending South Africa's Forever RecessionTellusant, Inc.
This article is a personal opinion piece by our executive chairman Staffan Canback.
The results of the South African parliamentary election are likely announced today, Saturday 1 June 2024. It is a good time to take stock of the country's performance. I have worked in South Africa for many years and witnessed its decline with sadness.
South Africa is in a forever recession at a time when the economy should be expanding at rates exceeding, or at least in line with, those experienced by other emerging countries around the globe.
Since 2014 (and earlier), recession has been the norm, with only a few short spikes of non-recession. Seldom has a seemingly well-functioning country under-performed for so long. I ask myself what's next.
This dismal picture is driven by an under-performing education system, a swollen public sector, and a lack of strategic flexibility within South Africa’s private sector. Addressing these issues will lead to stronger economic growth, increasing wealth equality, and a more stable social and political environment for South Africa.
These goals cannot all be reached in the short-term, and require both the private and public sectors to contribute to them if they are to be achieved at all. However, countries that turn around their performance pull surprisingly few policy levers, so the task at hand is manageable.
If the goals are reached, they will be to the benefit of all South Africans, and in the meantime the journey towards them will change a pessimistic national outlook and reignite the hope of a brighter South African future.
The document discusses strategies for successfully expanding microfinance opportunities in rural Ethiopia, particularly in remote villages. Some key strategies that have enabled success include customizing the group lending model to local realities, decentralizing operations and utilizing local knowledge, and developing appropriate strategies to deal with financing small-scale agriculture subject to seasonal changes. However, challenges remain in further expanding outreach and ensuring an impact on clients' livelihoods, due to issues like poor infrastructure, low business support, and lack of entrepreneurship skills. Overcoming these challenges will require collaborative efforts across rural development stakeholders.
This document is the January 8th Statement 2022 from the African National Congress (ANC). It summarizes the current situation in South Africa, including the ongoing impacts of COVID-19 and efforts to rebuild after state capture. It outlines 5 priorities for the ANC in 2022: 1) Build a social compact to address unemployment and poverty, 2) Defend democratic gains against attempts to undermine the constitution, 3) Accelerate ANC renewal, 4) Build a capable developmental state, and 5) Continue working for a better Africa and world. The statement calls for urgent action on unemployment, land reform, climate change, and COVID vaccination, while defending recent democratic progress.
ANC Strengthening Economic Recovery and Reconstruction to Build an Inclusive ...SABC News
This document discusses strengthening South Africa's economic recovery and building an inclusive economy. It provides context on the ANC's vision for the economy guided by ensuring all South Africans share in the country's wealth. While significant progress has been made since 1994, apartheid's legacy remains with high unemployment, poverty, and inequality disproportionately impacting black people, women, youth and those with disabilities. The document outlines challenges over the past decade including slow growth, rising corruption, state capture, and recent economic shocks. It argues the ANC must fundamentally reshape the economy in a sustainable way to meet demands for a better life. The ANC's framework is outlined focusing on structural reforms, industrial policy, and macroeconomic stability to accelerate inclusive growth
The document is the Democratic Alliance's manifesto for the 2014 South African elections. It outlines the party's priorities of being together for change and together for jobs. It discusses how under President Jacob Zuma, the ANC has changed and economic growth has slowed while unemployment has risen. The DA proposes policies to grow the economy at 8% and create 6 million jobs over 10 years. The manifesto highlights the DA's values and track record of success in Western Cape province and Cape Town. It calls on voters to put South Africa back on track by voting for the DA.
UDM believes a multi-party government will ward off corruption. It's promising to train unemployed youth in agriculture, tourism and community development projects.
This document is a report published by the Black Economic Empowerment Commission (BEECom) in 2001. It contains 10 chapters that examine various aspects of black economic empowerment in South Africa, including investment for growth, human resources development, access to financial services, affirmative procurement, the enabling policy and regulatory framework, empowerment in the public sector, rural development and land reform, and the role of business organizations. The report provides recommendations on developing a coherent national strategy to promote greater black participation and ownership in the South African economy as part of the country's transformation.
This document is the transcript of President Jacob Zuma's 2011 State of the Nation Address given on February 10, 2011. In the address, Zuma highlights that South Africa has made progress in establishing a stable democracy, providing basic services, reducing crime, and improving education. However, unemployment and poverty remain challenges. Zuma declares 2011 the year of job creation and outlines six priority areas for job growth: infrastructure, agriculture, mining, manufacturing, green economy, and tourism. He emphasizes that job creation will require partnership between government, business, labor, and communities.
Impact Of Globalization On Agriculture In UgandaTiffany Sandoval
Globalization has impacted agriculture in Uganda in both positive and negative ways. Positively, it could attract foreign investment and reduce transportation costs for exports like coffee. However, unrealistic expectations of capital movements have not benefited many rural small-scale farmers in Uganda who lack basic skills and knowledge to engage in international trade. Weak national policies have also limited the benefits of programs aimed at commercializing the agricultural sector. Overall, renegotiating trade terms and developing appropriate domestic policies could help Uganda better leverage globalization for agricultural development.
I write this letter to you, my fellow ANC member, as our movement and our country face one
of the greatest challenges since the advent of democracy.
I am sure that you are aware that across the nation there is a sense of anger and
disillusionment at reports of corruption in our response to the coronavirus pandemic.
Similar to Black Economic Empowerment presentation (20)
5. History: Economic Consequences of Racism By 1980 South African economy dominated by the service sector, particularly in banking and finance Sanctions imposed by foreign lending companies in response to Apartheid weakened South African economy As a response to this, South Africa needed to use import substitution and high import tariffs to keep capital inside the country due to difficulty in obtaining credit from foreign institutions Corporations such as ABSA, Sanlam, and Nedbank wanted to expand markets as South Africa became an oversaturated market Thus some companies began joining the statewide push for ending Apartheid, and need for further economic integration of blacks.
6. Push for change 1992 Nelson Mandela visited the World Economic Forum to make the case for a new South African market economy that would be attractive to foreign investment. ANC also recognized that a market economy in South Africa needed to serve the needs of social welfare, thus requiring state intervention to ensure blacks were brought into the new post-Apartheid market economy. Term “black” used to define all formerly repressed minorities, including native Africans, coloreds (mixed race), Indians, Chinese 1994 white rule officially ends, ushers in beginnings of Black Economic Empowerment
8. SA’s Ethnic Breakdown 90.4% of South Africa’s people are nonwhite Blacks 79%, Whites 9.6%, Colored 8.9%, Indian/Asian 2.5% (2001 census) 61% of blacks, 38% Coloreds considered poor 57% of country lives below the poverty line Only 1% of whites and 5% Indians considered poor Project will focus on development for Xhosas (17% population) and Zulus (21% population) Xhosas concentrated in Eastern Cape province, with 72% living below poverty line Zulus concentrated in Kwazulu-Natal province. Poverty here more closely mirrors national average
10. BEE Corrupt? Since 1994 the African National Congress’s BEE program has met sharp criticism for only benefitting a small group of wealthy, well-connected blacks with close ties to the ANC and former president Thabo Mbeki (right), who resigned in September. Bishop Desmond Tutu (left): “At the moment, many, too many of our people live in grueling, demeaning, dehumanizing poverty. We are sitting on a powder keg…we cannot glibly, on full stomachs, speak about handouts to those who often go to bed hungry. It is cynical in the extreme to speak about handouts when people become very rich at the stroke of a pen.”
11. Prince Sifiso Zulu: Mbeki-style BEE poster boy Chairman of Emtateni Freight Plus, a BEE company started in 2001 Attended “some university”, then hired as a project manager at Independent Projects Trust Member of Zulu royal family Close connections with ANC stalwart Jacob Zuma and Tokyo Sexwale, a Johannesburg billionaire Recently in controversy over accident where two people were killed in hit-and-run involving Zulu’s BMW X5, driven by a mystery man People like Zulu are what many South Africans see as the primary beneficiaries of BEE under the Mbeki government
12. Broad-Based BEE & the Code of Good Practice: A solution? Introduced in 2003 to respond to mass criticism of BEE’s inability to benefit the vast majority of nonwhites Key Objectives (Source: Broad-Based Black Economic Empowerment Bill, 2003) Promoting economic transformation in order to enable meaningful participation of black people in the economy; Achieving a substantial change in the racial composition of ownership and management structures and in the skilled occupations of existing and new enterprises; Increasing the extent to which communities, workers, cooperatives and other collective enterprises own and manage existing and new enterprises and increasing their access to economic activities, infrastructure, and skills training; Increasing the extent to which black women own and manage existing and new enterprises, and increasing their access to economic activities, infrastructure and skills training; Promoting investment programs that lead to broad-based and meaningful participation in the economy by black people in order to achieve sustainable development and general prosperity; Empowering rural and local communities by enabling access to economic activities, land, infrastructure, ownership and skills; Promoting access to finance for black economic empowerment.
13. Code of Good Practice Source: BEE Code of Good Practice, 2003
14. How is BEE doing? Average GDP growth rate of 4.8% between Mar. 2006 and Sept. 2008 Unemployment Rates. Source: Trading Economics.com
15. Criticism from Within Program still taking heat from public and politicians after 2003 revisions, drawing support away from the ANC Mangosuthu Buthelezi, leader of the Inkatha Freedom Party (IFP), contends that BEE’s current design has caused “white flight”, as many well-heeled, well-educated white South Africans are leaving the country, causing a skills shortage and leaving fewer businesses which could hire blacks looking for opportunities through BEE Matches criticism that under Mbeki the government has moved for the country to be racially pure, moving away from Mandela’s vision of a non-racial South Africa, creating divisions within the ANC itself, which comprises nearly 70% of the legislature. Congress of the People (COPE) is a new party that has broken away from the ANC, and is rallying to defeat Jacob Zuma in 2009.
16. Possible Improvements to BEE in the future & Further Research ANC cronyism and unfair distribution of BEE benefits exacerbated by ANC’s long-term domination of South African politics. Effective reevaluation and change to the current BEE practices may require the success of the new COPE movement More statistical data on BEE’s effect on particular groups such as the Xhosa and Zulu Try to get some opinions from natives on the program and whether it’s working effectively for them Interview professors from University of Cape Town, and other South African universities, to get more specialized knowledge on the subject