South African President Cyril Ramaphosa on Saturday reiterated the government’s quest of land redistribution to bring about equity. “We will intensify our struggle to return the land to the people and build an inclusive economy that benefits all South Africans. It is a struggle to eradicate the privileges of the few and to entrench human […]
Category: News
Introduction of minimum wage ($1.66) in South Africa delayed
The introduction of a national minimum wage of 20 rand ($1.66) an hour in South Africa could be delayed by up to two months as parliament is yet to approve necessary draft legislation, a spokesman for the labour ministry said on Friday. The minimum wage – a policy championed by President Cyril Ramaphosa as an […]
Junk status for Africa’s two biggest economies will hit overall growth
According to Royal Institution of Chartered Surveyors’ (RICS) South Africa country manager TC Chetty, the recent credit rating downgrades by global ratings agencies will negatively affect Africa’s two biggest economies – South Africa and Nigeria, and hit Africa’s overall economic growth. TC Chetty, South Africa country manager for the Royal Institution of Chartered Surveyors (RICS). […]
Why Kenya remains attractive to investors
Kenya has in recent years topped the list of African countries that are most attractive to foreign investment. But with elections coming later this year and an increasingly unstable global economic outlook, the country’s risk profile has increased. The Business Daily spoke to Citibank’s head of investment banking for Africa, Miguel Azevedo, on the country’s […]
Corruption: Kagina battling bravely, but how sustainable are her heroics?
State structures in African countries are often inhabited by officials who rather line their pockets and please those above them than render a service to the public. In the second and last part of an investigation carried out in Uganda, Ghana and Nigeria, journalists ANAS AREMEYAW ANAS, THEOPHILUS ABBAH and BENON HERBERT OLUKA highlight how […]
Hundreds march against climate change in South Africa
JOHANNESBURG, South Africa, – Hundreds of activists marched in Johannesburg on Saturday urging their government to reduce its share of carbon emissions, ahead of the UN COP21 climate conference in Paris. “If South Africa, and all other polluting countries, don’t own up to their fair share of climate responsibility, the serious climate impacts being experienced […]
Brand South Africa has lost its shine over new bout of xenophobic attacks
From a position of strength, post-apartheid South Africa has steadily lost its shine. South Africa has lost much of its regional lustre. BRAND South Africa is desperately mounting a fightback after a week of horrific xenophobic attacks mainly aimed at African nationals left its reputation sullied and Pretoria grappling with a major backlash from the rest of […]
Reprisal attacks against South African have started in other countries. Eye for an eye will keep us as the dark continent!
A demonstration against migrant workers outside a hostel in Johannesburg. Photograph: Marco Longari/Getty South Africa is facing a backlash from the rest of the continent over the targeting of immigrants in a wave of xenophobic violence. South African vehicles were pelted with stones in Mozambique on Friday and South African companies are reportedly being threatened […]
Sierra Leone Sees ‘Sharp Rise’ in Ebola Cases as Medical Funding Goes Missing
by Frances Martel 17 Feb 2015 48 As the number of Ebola cases begin to rise for the first time in 2015, a new audit has uncovered more than $3 million in funding to fight Ebola in Sierra Leone is wholly unaccounted for. The government has vowed a prompt investigation as it begins to quarantine previously […]
UN warned of pitfalls of vague SDG targets
The report was published last week (12 February) by the International Council for Science (ICSU) and the International Social Science Council just ahead of the second session of negotiations on the UN’s post-2015 development agenda. These discussions start today in New York, United States. “As countries are entering the final phase of negotiating a global […]