- The article describes the decline of Smal Street in Johannesburg, which was once home to high-end boutique shops but became run-down with trashy shops and crime.
- It notes that in the 1990s, Smal Street and surrounding areas like the Carlton Hotel and Johannesburg Sun hotel were signs of Johannesburg's world-class status, but they all closed or declined within a few years.
- Now, Smal Street has become a symbol of the slums that have overtaken the once magnificent city of Johannesburg. The elegant architecture remains but is weighed down by poor conditions.
Two weeks ago I delivered a speech on the Polish retail market to the members of the management team of one of the biggest FMCG companies in Poland. During this very interesting exchange we discussed current consumer trends, overall market developments and future of main shop formats in Poland and Europe. I would like to share with you some of the slides from this meeting. Please do not hesitate to contact me should you wish to get full access to the contents of said presentation or in case of any other query. Enjoy reading.
The document discusses how the recession has impacted the luxury goods industry. It summarizes that:
- The luxury market has shrunk significantly as consumers can no longer afford luxury goods and attitudes towards conspicuous consumption have changed.
- Luxury brands are shifting away from mass-market strategies and logos to focus on quality and sustainability. However, emerging markets like China are becoming important growth areas.
- In developed nations, there is now a stigma against flaunting wealth given job losses. The ultra-wealthy are embracing frugality and discretion in their purchasing to avoid "luxury shame."
The opening of 37 miles of Houston's third outer loop, known as Grand Parkway, provides opportunities for developers looking to build on thousands of acres of undeveloped land along the route. Grand Parkway cost $1 billion to build and took just over two years to complete, opening up land for new homes, apartments, shopping centers, offices, and industrial parks. "For Sale" and "Coming Soon" signs already line the route, with developers anticipating transforming untouched greenfields into new commercial and residential developments. The nearly $1 billion project is expected to profoundly impact the local economy by making it easier for people to travel between cities in the region like The Woodlands to Cypress or Kingwood.
The document discusses illegal mining in South Africa and argues that the government's approach has been too narrow. It suggests that South Africa should adopt policies that allow for artisanal and small-scale mining as countries like Zimbabwe and the DRC have done. This could provide economic opportunities for poor South Africans and address problems of unemployment, poverty, and inequality. Rather than just viewing illegal mining as a criminal problem, the government needs a more balanced perspective that considers the socioeconomic drivers and potential benefits of legalizing artisanal mining.
The document summarizes Rathbones' annual charity symposium that was held in September 2013 at the Royal Opera House in London. Over 350 charity trustees and advisers attended talks and panels on topics like global energy demand, stock selection, regulation facing charities, and challenges in fundraising. The event aimed to address key issues for charities and showcase best practices through discussions with speakers such as the Charity Commission chairman and the co-founder of Help for Heroes.
LHBS continuously tracks changes in people, markets and technology to deliver curated and customised information to different organisations.
With a team of researchers collecting data on a daily basis for the Inspiration-Hub– an internal digital tool to monitor change and deliver relevant insights and inspiration– we would like to share these findings with our readers in a new way.
This presentation includes a selection of insights we have recently found interesting and that might point into shifting consumer behavior.
This document provides an overview of an official report published to mark the Dominican Republic's presidency of the Community of Latin American and Caribbean States (CELAC). The report discusses key sectors of the Dominican economy including agriculture, tourism, infrastructure and finance. It features interviews with government ministers and business leaders on topics such as promoting regional economic integration, developing new industries, and strengthening international cooperation. The overall aim of the report is to highlight the Dominican Republic's priorities and vision during its leadership of CELAC.
This document provides an overview of the Dominican Republic's presidency of the Community of Latin American and Caribbean States (CELAC) in 2016. It highlights key areas that the Dominican Republic aims to promote through CELAC, including economic integration in Latin America and the Caribbean in agriculture, tourism, infrastructure and finance. It also outlines the Dominican Republic's priorities in addressing issues like inequality, regional trade, financial inclusion, and youth unemployment. The document consists of interviews and articles on the Dominican Republic's economic sectors and regional diplomacy efforts under its CELAC presidency.
Two weeks ago I delivered a speech on the Polish retail market to the members of the management team of one of the biggest FMCG companies in Poland. During this very interesting exchange we discussed current consumer trends, overall market developments and future of main shop formats in Poland and Europe. I would like to share with you some of the slides from this meeting. Please do not hesitate to contact me should you wish to get full access to the contents of said presentation or in case of any other query. Enjoy reading.
The document discusses how the recession has impacted the luxury goods industry. It summarizes that:
- The luxury market has shrunk significantly as consumers can no longer afford luxury goods and attitudes towards conspicuous consumption have changed.
- Luxury brands are shifting away from mass-market strategies and logos to focus on quality and sustainability. However, emerging markets like China are becoming important growth areas.
- In developed nations, there is now a stigma against flaunting wealth given job losses. The ultra-wealthy are embracing frugality and discretion in their purchasing to avoid "luxury shame."
The opening of 37 miles of Houston's third outer loop, known as Grand Parkway, provides opportunities for developers looking to build on thousands of acres of undeveloped land along the route. Grand Parkway cost $1 billion to build and took just over two years to complete, opening up land for new homes, apartments, shopping centers, offices, and industrial parks. "For Sale" and "Coming Soon" signs already line the route, with developers anticipating transforming untouched greenfields into new commercial and residential developments. The nearly $1 billion project is expected to profoundly impact the local economy by making it easier for people to travel between cities in the region like The Woodlands to Cypress or Kingwood.
The document discusses illegal mining in South Africa and argues that the government's approach has been too narrow. It suggests that South Africa should adopt policies that allow for artisanal and small-scale mining as countries like Zimbabwe and the DRC have done. This could provide economic opportunities for poor South Africans and address problems of unemployment, poverty, and inequality. Rather than just viewing illegal mining as a criminal problem, the government needs a more balanced perspective that considers the socioeconomic drivers and potential benefits of legalizing artisanal mining.
The document summarizes Rathbones' annual charity symposium that was held in September 2013 at the Royal Opera House in London. Over 350 charity trustees and advisers attended talks and panels on topics like global energy demand, stock selection, regulation facing charities, and challenges in fundraising. The event aimed to address key issues for charities and showcase best practices through discussions with speakers such as the Charity Commission chairman and the co-founder of Help for Heroes.
LHBS continuously tracks changes in people, markets and technology to deliver curated and customised information to different organisations.
With a team of researchers collecting data on a daily basis for the Inspiration-Hub– an internal digital tool to monitor change and deliver relevant insights and inspiration– we would like to share these findings with our readers in a new way.
This presentation includes a selection of insights we have recently found interesting and that might point into shifting consumer behavior.
This document provides an overview of an official report published to mark the Dominican Republic's presidency of the Community of Latin American and Caribbean States (CELAC). The report discusses key sectors of the Dominican economy including agriculture, tourism, infrastructure and finance. It features interviews with government ministers and business leaders on topics such as promoting regional economic integration, developing new industries, and strengthening international cooperation. The overall aim of the report is to highlight the Dominican Republic's priorities and vision during its leadership of CELAC.
This document provides an overview of the Dominican Republic's presidency of the Community of Latin American and Caribbean States (CELAC) in 2016. It highlights key areas that the Dominican Republic aims to promote through CELAC, including economic integration in Latin America and the Caribbean in agriculture, tourism, infrastructure and finance. It also outlines the Dominican Republic's priorities in addressing issues like inequality, regional trade, financial inclusion, and youth unemployment. The document consists of interviews and articles on the Dominican Republic's economic sectors and regional diplomacy efforts under its CELAC presidency.
Learn How to Write a Truly Impressive Scholarship Essay!. Scholarship Essay Examples - 10+ in PDF | Examples. 9+ Scholarship Essay Examples. FREE 9+ Scholarship Essay Samples in MS Word | PDF. 002 Scholarship Essay Format Example Examples Free Pdf Download How To .... samples of scholarship essays for college scholarship essay help best .... Rotc Scholarship Essay Help. FREE 7+ Sample Scholarship Essay Templates in PDF | MS Word. Scholarship Essay - 20+ Examples, Format, Pdf | Examples. Sample Essay For College Scholarships. Scholarship Essay Writing Guide [+Examples] | Pro Essay Help. Scholarship Essay – 9+ Free Samples, Examples, Format to Download. Scholarship Essay Sample. How To Write Scholarship Essay Pdf – Greenranfeld1975 Blog. Write A Killer Scholarship Motivation Letter (With Example) | 14 .... Sample Scholarship Essay Why I Deserve | The Document Template. College Essay: Essay for scholarship sample. Free Scholarship Essay Example - doc | 41KB | 6 Page(s). 021 Personal Essays For College Examples Of Statement Scholarships .... 17 Best Scholarship Essay Templates. Amazing Short Essay Scholarships ~ Thatsnotus. Best Scholarship Essay Examples (Winning Tips). Scholarship Essays Example - 7+ Free Word, PDF Documents Download. Fourteen Scholarship Essay Examples That Won Thousands - Sample of an .... Scholarship Essay Examples Check more at https://cleverhippo.org .... Winning Scholarship Essay Tips. Online assignment writing service. | PDF Sample Essay Scholarship
Development Challenges, South-South Solutions is the monthly e-newsletter for the United Nations Development Programme’s South-South Cooperation Unit (http://ssc.undp.org/index.php?id=66). It has been published every month since 2006.
Stories by David South
Design and Layout: UNDP South-South Cooperation Unit
The article discusses Portland's rejection of adding fluoride to its water supply through a special election in 2013. Portlanders voted 61% against water fluoridation after a campaign that spread misleading information. Opponents believed fluoride was an industrial byproduct and worried about forcing toxins into the body. They also cited medical professionals who argued fluoride could harm bones, brain, thyroid and the immune system. While some limitations exist, the article shows how Portlanders overwhelmingly protected their clean water supply from fluoridation.
Feeling of happiness and what affects it .docxhallettfaustina
Feeling of happiness and what affects it?
December 8, 2016
*
OverviewData was collected from AzerbaijanAccording to last World Happiness Report Azerbaijan was ranked 81st place.
Possible factors that affect feeling of happiness
War with Armenia
Corruption rate
Financial situations
Social equality
Variables Dependent variable: Feeling of happiness
Independent Variable: Satisfaction with financial situation of household
Research Problem and Hypothesis
Null Hypothesis Ho: There is no relationship between the feeling of happiness and satisfaction of financial situation or household.
Alternative Hypothesis Ha: There is a relationship between the feeling of happiness and satisfaction of financial situation or household.
*
Data CollectionA sample of 1002 respondents was selected at random from AzerbaijanThe data is on 429 different variables including the feeling of happiness (V10) and Satisfaction of Financial Situation of Household (V59)The data was recorded in SPSS
*
Descriptive Statistics
Descriptive StatisticsNRangeMinimumMaximumMeanStd. DeviationFeeling of happiness10023141.94.717Satisfaction with financial situation of household100091105.612.537Valid N (listwise)1000
*
Histograms
*
Scatter Plot
*
Regression AnalysisModel SummaryModelRR SquareAdjusted R SquareStd. Error of the Estimate1.377a.142.141.665a. Predictors: (Constant), Satisfaction with financial situation of householdANOVAaModelSum of SquaresdfMean SquareFSig.1Regression73.157173.157165.378.000bResidual441.479998.442Total514.636999a. Dependent Variable: Feeling of happinessb. Predictors: (Constant), Satisfaction with financial situation of householdCoefficientsaModelUnstandardized CoefficientsStandardized CoefficientstSig.BStd. ErrorBeta1(Constant)2.540.05149.778.000Satisfaction with financial situation of household-.107.008-.377-12.860.000a. Dependent Variable: Feeling of happiness
*
Results and ConclusionResults were significant,
F(1, 998)=73.157, p<.001
The null hypothesis was rejected.
There is a significant relationship between the feeling of happiness and the satisfaction of financial situation or household.
*
Recommendation and shortcomingsThe data source is old and not reliable . New survey and collecting data is recommended
Read the article, and in 450-700 words address these prompts:
· Summarize the view of American critics of global firms that import products purchased from developing country factories that have bad working conditions and pay very low wages. Also, summarize Dr. Krugman’s rebuttals.
· Put yourself in the shoes of the local owner/manager of one of those factories in Indonesia, Bangladesh, etc. How would you address American critics of your practices?
· Put yourself in the shoes of a poor farmer who recently moved to the city to work in one of these factories. What w ...
[Challenge:Future] BUILDING SUSTAINABLE & CREATIVE EASTERN EUROPEChallenge:Future
TEAM: MICHAEL means INNOVATION
TEAM LEADER: MICHAEL IYANRO
COUNTRY: NIGERIA
The document discusses strategies for Eastern Europe to transition to a green, innovative and diverse economy. It suggests focusing on renewable energy, green infrastructure and attracting talented immigrants. Diversity, inclusion and openness are seen as key to spurring creativity and economic growth. Developing high-tech industries and removing barriers to the creative class moving in are also emphasized.
The document summarizes research on informal micro-enterprises in township communities in Cape Town, South Africa. Researchers identified over 3,800 businesses across different sites. The most common were liquor retailers, spaza (grocery) shops, hair salons, takeaways, and repair shops. Spaza shops and shebeens were evenly distributed within residential areas. Cultural factors influenced business types, with certain areas having more fish shops or braai meat sellers. Most businesses conflicted with land use rules.
Time, space and pace book launch presentation finalRabelani Dagada
The document summarizes Rabelani Dagada's presentation on South Africa's position within the four waves of economic development. It discusses how South Africa has progressed from the 1st wave of mining and agriculture to the 3rd wave of the information economy but has yet to fully reach the 4th wave of knowledge work. While South Africa has innovated in mobile technology, the economy remains reliant on raw material exports and has struggled to develop manufacturing. The presentation argues that South Africa could benefit from investing in knowledge industries and broadband infrastructure to take advantage of opportunities presented by the rising African market.
This document summarizes discussions from two events in the Algarve region of Portugal about innovation, sustainable development, and the economy. At the events, various public officials and business leaders discussed challenges facing the Portuguese economy since the financial crisis and Troika intervention. They highlighted the importance of tourism to the local and national economy but also noted issues like seasonality and high debt levels. The speakers proposed strategies like promoting other regions to attract more year-round tourism and repairing historical buildings to create jobs.
COMPANIES SUCCEEDING IN EMERGING MARKETSP r o f e s s o LynellBull52
COMPANIES SUCCEEDING IN
EMERGING MARKETS
P r o f e s s o r R . S i m e o n
S F S U
S U N S H I NE
G RO U P L I MI TE D
A C h i n e s e C o m p a n y i n
T a n z a n i a
Add a Footer 2
Tanzania
South-Eastern Sub-Saharan country in
Africa
Unitary Presidential/Constitutional
Socialist Republic
Colony in the 19th century of Germany
and Britain until independence and
formation in 1964
Heavily mountainous and forested
country bordered by several large lakes
Over 100 spoken languages with Swahili
and English being dominant
Majority of population either Christian or
Muslim
Economic Overview
Population approx.: 55.6 million
Approx. 66% of pop. Live below the poverty line of
$1.25 per day
GDP: $56.7 Billion
Averages $5.5 billion in exports and $11.7 billion in
imports, with China being a major partner in both
Poor integration with Global Markets
Economy heavily based on agriculture with a steadily
growing industrial sector
Add a Footer 3
SUNSHINE GROUP LIMITED
C o r e V a l u e s :
Our Mission- Is to complete customer satisfaction. To achieve this goal,
quality, honesty, reliability, ethical values and improvement are our
guidelines in the business.
Our Vision- Is to supply low cost and value added services while
supplying steel and other construction materials of international
standards to our customers in Tanzania.
Our Value- Sunshine has always been values-driven. These values
continue to direct the growth and business of Sunshine Group
companies.
4
SUNSHINE GROUP
LIMITED
G e n e r a l B a c k g r o u n d
Sunshine is a Chinese owned multi-sectoral company
established in Dar Es Salaam, Tanzania in 2012. Its original
main business scope included agricultural products trading,
meat and livestock trading, construction material trading,
logistics, and manufacturing. After becoming established,
company owners quickly realized the potential of Tanzania’s
emerging market status in a vast number of different
sectors and expanded into several other areas of the
Tanzanian economy as well.
Add a Footer 5
Subsidiaries of Sunshine
Group Limited:
Sun Shine Mining
Sun Shine Transportation
Sun Shine Gypsum
Sun Shine Agriculture
China Pesticide
Bee Safari
Kakakuona Clearing and Forwarding
v
Sun Shine Card High Technology
Sun Trust
Sun Shine Auto Assembly
Sun Shine Industrial
Ocean Link International
Sun Shine International Supply
Chain
Add a Footer 6
WHY TANZANIA ?
C a p t u r i n g E m e r g i n g M a r k e t s
When listing the various subsidiaries, it is easy to see why the owners of
Sunshine chose to do business in Tanzania. Having gained independence
from European colonialism relatively recently, Tanzania’s self-governed
economy was still in early stages. From 2009-2011 Tanzania’s economy
grew at 3.5% a year. Agriculture was and is the biggest economic sector ...
The document discusses the concept of the "race to the bottom" phenomenon caused by globalization and deregulation. It provides several case studies as examples, such as poor working conditions in Bangladesh's textile industry, Nestle's formula milk scandal that killed infants, and e-waste dumping by developed nations. The race to the bottom intensifies competition that lowers costs by reducing worker benefits, environmental protections, and social welfare. While globalization increases competition and lowers prices, it also decreases wages and widens inequality gaps.
The article illustrates the results of the economic development of the first fifteen years of the XXI century under the conditions of unprecedented economic freedom, globalization and the appearance of new informational sectors up to and including the first attempts at revising liberalism. The analysis of statistical data demonstrates an obvious increase in the percentage of well-off people in many countries as well as the increased economic capabilities of small, medium and large businesses, whose assets are distributed among an ever-increasing number of owners. This provides the impetus to review our collective approach to liberalization and globalization, as well as to view its unexpected strong sides that make human progress possible.
1) Nearly half of large corporate investment in developing countries is routed through tax havens, with a third routed through tax havens linked to G8 countries. This routing can result in billions of tax dollars lost by developing and developed countries through mechanisms like transfer pricing and offshore transactions.
2) New data shows that nearly all of the UK's largest companies have subsidiaries in tax havens, with over 38% of overseas subsidiaries located in tax havens. Certain sectors like real estate have over 80% of overseas subsidiaries in tax havens.
3) As chair of the G8, the UK cannot credibly address tax havens without addressing its own large network of tax havens, being
The document provides an overview of key facts about Australia's mining boom and discusses how the mining industry portrays itself versus the reality. Some key points:
- Commodity prices have surged in recent years, driving growth in mining's contribution to GDP rather than increases in output.
- Mining exports are a major part of the Australian economy but mining employs surprisingly few people and accounts for only a small percentage of overall employment growth.
- The mining industry is predominantly foreign-owned and a large portion of mining profits accrue to foreign investors.
- While the mining industry focuses on employment, taxes paid, and exports, it does not openly discuss issues like subsidies, economic rents, impacts on other industries, or
Mongolia is a country better known for its vast wilderness and harsh climate than its business potential, but a growing number of international brands are warming to this fast-growth market – and with good reason.
This document summarizes and analyzes two empirical studies and two trade articles about tourism and the labor market. The empirical studies examine how work in the tourism industry is gendered and the influence of a global city (London) on its labor market. The trade articles discuss how tourism has influenced the woodcarving trade in Cape Town and challenges/opportunities for marketing Germany's cultural heritage tourism. The analysis finds that while tourism benefits economies, workers can face unfavorable conditions like low pay. Successful tourism requires integrating cultural and non-cultural offerings and cooperation between institutions.
This chapter discusses the economic environment as an important factor in global marketing. It begins with an overview of the global economy and shifts that have occurred, such as capital movements surpassing trade and production becoming decoupled from employment. It then examines the size and characteristics of different markets by looking at factors like population, income levels, GDP, and economic development stages. Major regional economic blocs and institutions that influence global trade are also reviewed.
This document discusses the impacts of climate change and the threat of increased poverty. It notes that the impacts of global warming are already noticeable worldwide according to the IPCC. While discussions of climate change causes have progressed, discussions of impacts, vulnerability, and adaptation still face challenges due to lack of political consensus on actions. The effects of warming are present threats, seen in drought in Southeast Brazil that is leaving millions without water and affecting economies. If problems on this scale already affect Brazil, greater issues could be expected in coming years without action.
Learn How to Write a Truly Impressive Scholarship Essay!. Scholarship Essay Examples - 10+ in PDF | Examples. 9+ Scholarship Essay Examples. FREE 9+ Scholarship Essay Samples in MS Word | PDF. 002 Scholarship Essay Format Example Examples Free Pdf Download How To .... samples of scholarship essays for college scholarship essay help best .... Rotc Scholarship Essay Help. FREE 7+ Sample Scholarship Essay Templates in PDF | MS Word. Scholarship Essay - 20+ Examples, Format, Pdf | Examples. Sample Essay For College Scholarships. Scholarship Essay Writing Guide [+Examples] | Pro Essay Help. Scholarship Essay – 9+ Free Samples, Examples, Format to Download. Scholarship Essay Sample. How To Write Scholarship Essay Pdf – Greenranfeld1975 Blog. Write A Killer Scholarship Motivation Letter (With Example) | 14 .... Sample Scholarship Essay Why I Deserve | The Document Template. College Essay: Essay for scholarship sample. Free Scholarship Essay Example - doc | 41KB | 6 Page(s). 021 Personal Essays For College Examples Of Statement Scholarships .... 17 Best Scholarship Essay Templates. Amazing Short Essay Scholarships ~ Thatsnotus. Best Scholarship Essay Examples (Winning Tips). Scholarship Essays Example - 7+ Free Word, PDF Documents Download. Fourteen Scholarship Essay Examples That Won Thousands - Sample of an .... Scholarship Essay Examples Check more at https://cleverhippo.org .... Winning Scholarship Essay Tips. Online assignment writing service. | PDF Sample Essay Scholarship
Development Challenges, South-South Solutions is the monthly e-newsletter for the United Nations Development Programme’s South-South Cooperation Unit (http://ssc.undp.org/index.php?id=66). It has been published every month since 2006.
Stories by David South
Design and Layout: UNDP South-South Cooperation Unit
The article discusses Portland's rejection of adding fluoride to its water supply through a special election in 2013. Portlanders voted 61% against water fluoridation after a campaign that spread misleading information. Opponents believed fluoride was an industrial byproduct and worried about forcing toxins into the body. They also cited medical professionals who argued fluoride could harm bones, brain, thyroid and the immune system. While some limitations exist, the article shows how Portlanders overwhelmingly protected their clean water supply from fluoridation.
Feeling of happiness and what affects it .docxhallettfaustina
Feeling of happiness and what affects it?
December 8, 2016
*
OverviewData was collected from AzerbaijanAccording to last World Happiness Report Azerbaijan was ranked 81st place.
Possible factors that affect feeling of happiness
War with Armenia
Corruption rate
Financial situations
Social equality
Variables Dependent variable: Feeling of happiness
Independent Variable: Satisfaction with financial situation of household
Research Problem and Hypothesis
Null Hypothesis Ho: There is no relationship between the feeling of happiness and satisfaction of financial situation or household.
Alternative Hypothesis Ha: There is a relationship between the feeling of happiness and satisfaction of financial situation or household.
*
Data CollectionA sample of 1002 respondents was selected at random from AzerbaijanThe data is on 429 different variables including the feeling of happiness (V10) and Satisfaction of Financial Situation of Household (V59)The data was recorded in SPSS
*
Descriptive Statistics
Descriptive StatisticsNRangeMinimumMaximumMeanStd. DeviationFeeling of happiness10023141.94.717Satisfaction with financial situation of household100091105.612.537Valid N (listwise)1000
*
Histograms
*
Scatter Plot
*
Regression AnalysisModel SummaryModelRR SquareAdjusted R SquareStd. Error of the Estimate1.377a.142.141.665a. Predictors: (Constant), Satisfaction with financial situation of householdANOVAaModelSum of SquaresdfMean SquareFSig.1Regression73.157173.157165.378.000bResidual441.479998.442Total514.636999a. Dependent Variable: Feeling of happinessb. Predictors: (Constant), Satisfaction with financial situation of householdCoefficientsaModelUnstandardized CoefficientsStandardized CoefficientstSig.BStd. ErrorBeta1(Constant)2.540.05149.778.000Satisfaction with financial situation of household-.107.008-.377-12.860.000a. Dependent Variable: Feeling of happiness
*
Results and ConclusionResults were significant,
F(1, 998)=73.157, p<.001
The null hypothesis was rejected.
There is a significant relationship between the feeling of happiness and the satisfaction of financial situation or household.
*
Recommendation and shortcomingsThe data source is old and not reliable . New survey and collecting data is recommended
Read the article, and in 450-700 words address these prompts:
· Summarize the view of American critics of global firms that import products purchased from developing country factories that have bad working conditions and pay very low wages. Also, summarize Dr. Krugman’s rebuttals.
· Put yourself in the shoes of the local owner/manager of one of those factories in Indonesia, Bangladesh, etc. How would you address American critics of your practices?
· Put yourself in the shoes of a poor farmer who recently moved to the city to work in one of these factories. What w ...
[Challenge:Future] BUILDING SUSTAINABLE & CREATIVE EASTERN EUROPEChallenge:Future
TEAM: MICHAEL means INNOVATION
TEAM LEADER: MICHAEL IYANRO
COUNTRY: NIGERIA
The document discusses strategies for Eastern Europe to transition to a green, innovative and diverse economy. It suggests focusing on renewable energy, green infrastructure and attracting talented immigrants. Diversity, inclusion and openness are seen as key to spurring creativity and economic growth. Developing high-tech industries and removing barriers to the creative class moving in are also emphasized.
The document summarizes research on informal micro-enterprises in township communities in Cape Town, South Africa. Researchers identified over 3,800 businesses across different sites. The most common were liquor retailers, spaza (grocery) shops, hair salons, takeaways, and repair shops. Spaza shops and shebeens were evenly distributed within residential areas. Cultural factors influenced business types, with certain areas having more fish shops or braai meat sellers. Most businesses conflicted with land use rules.
Time, space and pace book launch presentation finalRabelani Dagada
The document summarizes Rabelani Dagada's presentation on South Africa's position within the four waves of economic development. It discusses how South Africa has progressed from the 1st wave of mining and agriculture to the 3rd wave of the information economy but has yet to fully reach the 4th wave of knowledge work. While South Africa has innovated in mobile technology, the economy remains reliant on raw material exports and has struggled to develop manufacturing. The presentation argues that South Africa could benefit from investing in knowledge industries and broadband infrastructure to take advantage of opportunities presented by the rising African market.
This document summarizes discussions from two events in the Algarve region of Portugal about innovation, sustainable development, and the economy. At the events, various public officials and business leaders discussed challenges facing the Portuguese economy since the financial crisis and Troika intervention. They highlighted the importance of tourism to the local and national economy but also noted issues like seasonality and high debt levels. The speakers proposed strategies like promoting other regions to attract more year-round tourism and repairing historical buildings to create jobs.
COMPANIES SUCCEEDING IN EMERGING MARKETSP r o f e s s o LynellBull52
COMPANIES SUCCEEDING IN
EMERGING MARKETS
P r o f e s s o r R . S i m e o n
S F S U
S U N S H I NE
G RO U P L I MI TE D
A C h i n e s e C o m p a n y i n
T a n z a n i a
Add a Footer 2
Tanzania
South-Eastern Sub-Saharan country in
Africa
Unitary Presidential/Constitutional
Socialist Republic
Colony in the 19th century of Germany
and Britain until independence and
formation in 1964
Heavily mountainous and forested
country bordered by several large lakes
Over 100 spoken languages with Swahili
and English being dominant
Majority of population either Christian or
Muslim
Economic Overview
Population approx.: 55.6 million
Approx. 66% of pop. Live below the poverty line of
$1.25 per day
GDP: $56.7 Billion
Averages $5.5 billion in exports and $11.7 billion in
imports, with China being a major partner in both
Poor integration with Global Markets
Economy heavily based on agriculture with a steadily
growing industrial sector
Add a Footer 3
SUNSHINE GROUP LIMITED
C o r e V a l u e s :
Our Mission- Is to complete customer satisfaction. To achieve this goal,
quality, honesty, reliability, ethical values and improvement are our
guidelines in the business.
Our Vision- Is to supply low cost and value added services while
supplying steel and other construction materials of international
standards to our customers in Tanzania.
Our Value- Sunshine has always been values-driven. These values
continue to direct the growth and business of Sunshine Group
companies.
4
SUNSHINE GROUP
LIMITED
G e n e r a l B a c k g r o u n d
Sunshine is a Chinese owned multi-sectoral company
established in Dar Es Salaam, Tanzania in 2012. Its original
main business scope included agricultural products trading,
meat and livestock trading, construction material trading,
logistics, and manufacturing. After becoming established,
company owners quickly realized the potential of Tanzania’s
emerging market status in a vast number of different
sectors and expanded into several other areas of the
Tanzanian economy as well.
Add a Footer 5
Subsidiaries of Sunshine
Group Limited:
Sun Shine Mining
Sun Shine Transportation
Sun Shine Gypsum
Sun Shine Agriculture
China Pesticide
Bee Safari
Kakakuona Clearing and Forwarding
v
Sun Shine Card High Technology
Sun Trust
Sun Shine Auto Assembly
Sun Shine Industrial
Ocean Link International
Sun Shine International Supply
Chain
Add a Footer 6
WHY TANZANIA ?
C a p t u r i n g E m e r g i n g M a r k e t s
When listing the various subsidiaries, it is easy to see why the owners of
Sunshine chose to do business in Tanzania. Having gained independence
from European colonialism relatively recently, Tanzania’s self-governed
economy was still in early stages. From 2009-2011 Tanzania’s economy
grew at 3.5% a year. Agriculture was and is the biggest economic sector ...
The document discusses the concept of the "race to the bottom" phenomenon caused by globalization and deregulation. It provides several case studies as examples, such as poor working conditions in Bangladesh's textile industry, Nestle's formula milk scandal that killed infants, and e-waste dumping by developed nations. The race to the bottom intensifies competition that lowers costs by reducing worker benefits, environmental protections, and social welfare. While globalization increases competition and lowers prices, it also decreases wages and widens inequality gaps.
The article illustrates the results of the economic development of the first fifteen years of the XXI century under the conditions of unprecedented economic freedom, globalization and the appearance of new informational sectors up to and including the first attempts at revising liberalism. The analysis of statistical data demonstrates an obvious increase in the percentage of well-off people in many countries as well as the increased economic capabilities of small, medium and large businesses, whose assets are distributed among an ever-increasing number of owners. This provides the impetus to review our collective approach to liberalization and globalization, as well as to view its unexpected strong sides that make human progress possible.
1) Nearly half of large corporate investment in developing countries is routed through tax havens, with a third routed through tax havens linked to G8 countries. This routing can result in billions of tax dollars lost by developing and developed countries through mechanisms like transfer pricing and offshore transactions.
2) New data shows that nearly all of the UK's largest companies have subsidiaries in tax havens, with over 38% of overseas subsidiaries located in tax havens. Certain sectors like real estate have over 80% of overseas subsidiaries in tax havens.
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1. Monday July 6 2015Opinion & Analysis 15
Lerato Kojoana
AFTER listening to mayor
Parks Tau’s state of the city
address on May 6, I was
struck by his assertion that
Johannesburg is the “lead-
ing cosmopolitan city in
Africa and its leading com-
mercial hub”.
On May 2 1994, Nelson
Mandela gave a rousing
speech to celebrate the
imminent victory of the
ANC following the first
democratic election.
The speech was delivered
at the grandiose Carlton
Hotel, a magnificent land-
mark in the city of Johan-
nesburg to rival any hotel
in the world.
Mandela declared: “This
is indeed a joyous night.”
Joburg was then a world
class African city, featuring
beautiful architecture,
world-class hotels and
shops, secure and clean.
Smal Street, one the
shortest streets in the city,
was the place to be. Within
its four blocks the street
housed beautiful boutique
shops that wouldn’t be out
of place in Paris or any
European city.
On weekends, people
came from all around
Johannesburg and neigh-
bouring areas just to walk
down Smal Street to the
Carlton Centre at the junc-
tion of Commissioner
Street.
But three years after
hosting the ANC’s victory
party, in 1997, the Carlton
Hotel closed its doors.
The five-star hotel that
abutted the lofty Carlton
Centre, South Africa’s
tallest building, was moth-
balled. A hotel that once
hosted figures such as
Henry Kissinger, Francois
Mitterand, Hillary Clinton,
Margaret Thatcher, Whit-
ney Houston and Mick Jag-
ger became an empty shell.
The decline had set in
and Smal Street, the epi-
centre of the city’s world-
class status, started to rot
like a limb with unchecked
gangrene.
Sometimes it is the small
things that tend to tell the
bigger story.
Smal Street, all four
blocks of it, in many ways
represents the decline of
the once magnificent city of
Johannesburg.
The street starts at Jeppe
Street, between the Johan-
nesburg Post Office build-
ing and the magnificent
Johannesburg Sun and
Towers.
In its prime, all along its
length, the street was home
to stores selling fine
leather goods and bespoke
clothing labels, alongside
fine eateries.
The Johannesburg Sun
and Towers was a beautiful
glass skyscraper. Its doors
were manned by tall
porters clad in black with
leopard-print sash. It was a
jewel in Sol Kerzner’s grow-
ing empire, a five-star lux-
ury hotel in the middle of
Johannesburg.
A short five-minute walk
from the Supreme Court,
the hotel’s
luxuriously
appointed
bar, named
Judges, was
a favourite
joint of the
legal frater-
nity.
It was no surprise
that the area around the
Johannesburg Sun and
Towers and the post office
was a favourite of photo-
seekers.
A leisurely walk down
Smal Street took one down
to the serenity of the Cen-
tral Methodist Church on
the corner of Prichard
Street.
The church offered a
wonderful contrast to the
glamour of the shops either
side of the street. It was a
reminder of the beating
heart of the city.
The decline has been
swift. The Johannesburg
Sun and Towers closed
soon after
the Carlton
Hotel, and
all
attempts to
reopen it
have failed.
The once-
beautiful boutique stores
along Smal Street soon
gave way to cheap, trashy
shops that sold all manner
of junk.
Horrendous, loud music
blaring out of shop
entrances became the norm
and the smartly dressed
shopper was replaced by
shifty characters.
The Central Methodist
Church took on the surpris-
ing role of a slum lord.
Under the stewardship of
Bishop Paul Verryn, the
church became a haven to
illegal immigrants who con-
tributed to the decline.
Gradually, Smal Street
became home to the desti-
tute, the unemployed, the
homeless and a source of
the crime that drove the
prosperous business
owners out.
A once glitzy street had
become the face of the slum
that was growing around it.
Carlton Centre was not
spared.
Yes, the beautiful archi-
tecture of Johannesburg
remains. But the architec-
ture is heaving under the
slum conditions that have
engulfed the city.
The once world-class
African city is now a world-
class African slum.
G Kojoana is director of
Lexko Investments and
writes in his personal
capacity
World-classAfricancitynowaworld-classAfricanslum
“
Boutique stores
gave way to
trashy shops
WAGE negotiations in the gold
sector are in full swing.
The Marikana report having
recently been released, the tragic
events that took place on the plat-
inum belt should be top in the
minds of company executives and
union leaders. None should soon
forget that the root of the
intractable dispute between work-
ers and mine bosses at Marikana
was deep-seated mistrust.
Miners continue to ask how their
employers can argue that they do
not have enough funds to pay
workers better wages while indi-
vidual mine executives receive mil-
lions in bonuses every year regard-
less of declines in mine profits.
It is the inequality in remuner-
ation that is fuelling feelings of
discontent among mineworkers.
Inequality in general is threat-
ening to fragment social cohesion
in South African society. The per-
ception that corruption is growing
in the public sector does not help
to ease the context of mistrust.
The question is how can SA sur-
mount this mountain of inequality?
Prior to taxation and income
redistribution, income inequality
in most, if not all, Nordic countries
is just as bad as that of SA. With a
GDP slightly higher than that of
Denmark, SA could, like the
Nordics, rely on income redistri-
bution to change the status quo.
The Nordics, composed of Swe-
den, Denmark, Finland, Norway,
Iceland, Greenland and the Faroe
Islands, are renowned for their tax
financed universal welfare model
that includes free education and
health, unemployment and early
retirement benefits, inter alia.
Finland, Denmark and Norway
are in the top five of the world’s
most equal societies. What has
been remarkable is the system’s
ability to enhance individual
autonomy, promote social mobility,
achieve income redistribution
through social transfers while
maintaining economic growth.
Of course, how this would actu-
ally work for SA is more compli-
cated and comparing SA to the
Nordics may be unfair. Though the
country’s GDP is comparable to
Nordics’, its GDP per capita is
much lower. While ranking the
33rd biggest world economy, SA
ranks 87th on GDP per capita.
It may well be that there is not
enough wealth per person to
afford the largesse of the Nordics.
A look at the world’s income dis-
parity data suggests a greater
propensity towards inequality for
resource-based economies. How-
ever, this generalisation could be
challenged. Norway has been able
to create an equal society in spite
of oil and gas constituting 22% and
67% of the country’s GDP and
exports respectively.
This has been achieved partly
through the state’s direct owner-
ship of this strategic sector and a
$600-billion (about R7.4-trillion)
sovereign-wealth fund.
With over 16 million South
Africans on social grants and a
high public sector wage bill, ques-
tions have been raised about the
sustainability of SA’s social spend.
But the Nordics, like SA, are
characterised by a large public sec-
tor, constituting over 30% of the
total workforce. With one of the
highest tax burdens in the world,
the Nordics have nevertheless sus-
tained their over 50% of GDP in
public expenditure. SA’s public
spend only hovers around 30%, and
so does the tax burden.
There has been a question about
whether social grants are really
working. In spite of spending bil-
lions (4% of GDP) in social grants,
SA still ranks high in poverty and
inequality can be discouraging.
But the history of the Nordics
shows that the desired socio-eco-
nomic change does not happen
overnight.
Ensuring low levels of corrup-
tion, perceived or real, and open
governance are necessary to build
public trust, secure buy-in, social
solidarity and ensure high levels
of tax compliance. This is what SA
needs to work towards.
Studies reveal that people in the
Nordics are happy to pay tax. This
is because they can hold their gov-
ernments to account and they ben-
efit tangibly from public spending.
What of the role of unions?
Doesn’t high unionisation drag the
economy down? The Nordics have
some of the most unionised labour
forces in the world. Still, they have
maintained decent levels of eco-
nomic growth. This is possible
through government and employ-
ers cooperating with unions.
Perhaps the most important les-
son from the Nordic welfare model
is that while financial transfers
are important, employment cre-
ation, education, skills develop-
ment and job creation is equally
important. Unemployment in most
Nordic countries is as low as 3%
compared to around 25% to 30% in
SA. This perhaps explains why SA
remains the most unequal country.
While social transfers are tar-
geted at poor children and the
elderly, there is no provision for
the unemployed. The wage gap
among those employed further
compounds the inequality.
Unemployment in SA is driven
by the abundance of unskilled
labour in an economy that
requires skilled and semi-skilled
workers. This is what is meant by
a skills shortage.
To reduce inequality in SA, the
government must persist with
social transfers, business must
drive job creation and both must
prioritise investment in human
capital to facilitate access to
skilled and semi-skilled
employment.
G Mawowa is research,
development and coordination
manager at the Southern African
Liaison Office and post-doctoral
fellow at the University of Pretoria
political science department
INEQUALITY A THREAT
TO SA’S SOCIAL ORDER
Wagegapbetweentherich
andpoorwideningbytheday
SHOWERS
MAWOWA
FAIR SHARE:
Strikers at
Marikana
platinum mine,
near Rustenburg,
hold a placard
asking for a
higher minimum
wage. Miners
wonder how their
employers say
there are not
enough funds to
pay workers,
while mine
executives
receive millions
in bonuses every
year PHOTO: DANIEL
BORN