Africa In The News

Massmart to sacrifice margin for market share, Reuters, 25 August 2011. Read More...

Ghana to repay $3 bln China loan with oil, resources, Reuters, 25 August 2011. Read More...

AfDB Okays $700m to Boost SMEs, This Day, 25 August 2011. Read More...

Shoprite Boosts Expansion to Fight Wal-Mart in South Africa, Bloomberg, 23 August 2011. Read More...

Augere launches broadband network in Rwanda, IT News Africa, 24 August 2011. Read More...

 

Upcoming Events

September 2011

    123
45678910
11121314151617
18192021222324
252627282930 

COMMUNITY BUILDING WORKSHOPS
Johannesburg, South Africa
8 - 9 September
Read More...

ANNUAL MEETING OF THE NEW CAMPIONS 2011
Dalian, China
14 - 16 September
Read More...

COMMUNITY BUILDING WORKSHOPS
Cape Town, South Africa
15 - 16 September
Read More...

BUSINESS OPPORTUNITIES & FRANCHISE EXPO
Johannesburg, South Africa
15 - 18 September
Read More...

HYDROPOWER AFRICA
Johannesburg, South Africa
19 - 23 September
Read More...

2011 ANNUAL MEETINGS OF THE WORLD BANK GROUP & THE INTERNATIONAL MONETARY FUND
Washington DC, USA
23 - 25 September
Read More...

BUSINESS MANAGEMENT CONFERENCE 2011
Durban, South Africa
28 - 30 September
Read More...

9TH ANNUAL MIDDLE EAST & AFRICA AIRFINANCE CONFERENCE
Dubai, UAE
28 - 29 September
Read More...

BRAND AFRICA FORUM 2011
Johannesburg, South Africa
29 - 30 September
Read More...

Brand Africa FOCUS
25 August 2011



Hot Off the Press

More big names have been confirmed for the Brand Africa FORUM 2011, taking place at the Sandton Convention Centre on 29th September 2011 in Sandton, South Africa.

Joining best-selling author and economist Dr Dambisa Moyo and respected South African businessman Dr Reuel Khoza on the stage will be Ghana’s Minister of Trade and Investment, Hannah Tetteh. The Minister recently spoke up about bottlenecks impeding the implementation of Economic Community of West African States (ECOWAS) protocols. “While total ECOWAS exports by 2009 estimates amounted to a whopping $70 billion, intra-ECOWAS trade was only at a regrettable $6 billion,” she said, committing to on-going government investment in addressing road harassments, high transport costs and other trade difficulties.

Another high-profile speaker secured for the event is Rakesh Wahi, Vice Chairman and co-founder of CNBC Africa and Forbes Africa. An investment banker and entrepreneur with an emerging markets appetite, Wahi has a unique perspective on the African media environment and brings his unique insights into delivering on a business plan, strategic growth and building shareholder value on the Africa continent.

David Haigh, Founder and CEO of Brand Finance, and Ajai Chowdhry, Chairman of leading Indian ICT firm HCL Info Systems, will share insights and perspectives on building and developing Africa’s brand with delegates.

The Brand Africa FORUM 2011 will be broadcast by CNBC Africa to 41 sub-Saharan countries and will receive media coverage by inter alia BBC World Services and African Business, ensuring the initiative’s message reaches listeners, viewers and readers across Africa. Delegates will engage with leading African minds on the issues impact the continent’s growth, reputation and competitiveness.


“There is opportunity for growth in Africa and there’s a need for Japan to assist in the infrastructure development of Africa.”
- Toshiro Ozawa, Japanese ambassador to South Africa

Features

Africa’s Not-So-Free Press

New York-based think-tank, Freedom House, released its press freedom report for 2011 in August, but the results are not good news for the majority of nations in Africa. The report says only Mali and Ghana have a free press environment. Zimbabwe is one of the 63 countries (32%) in the world regarded as having a “strict press”. There are 68 countries (35%) with a “free press”. South Africa falls into the 33% (or 65 countries) with a “partly free press”.
Read More...

Ghana-SA Forge Ties

The West African nation of Ghana is a major focus for South Africa in the region, attracting South African goods and services to the tune of $416 million. During a recent two-day state visit to South Africa, Ghanaian President John Atta Mills said: “South African exports have grown from less than R1 billion (approximately $139 million) in 1998 to over R3 billion ($417 million) in 2008.”
Read More...

Strikes Take Their Toll

South African economist Mike Schüssler recently told Business Live that South Africa has one of the highest incidences of strikes globally, losing an average of 322 working days per 1000 employees in the five years to 2009. Canada, by contrast, lost 164 days and Italy, a nation perceived to have a high strike rate, lost just 35 days. The UK lost only 24 and Australia 25 days with the Germans sacrificing less than 10 days per employee.
Read More...

Fracking Still Up For Discussion

Even as South African Mining Minister Susan Shabangu extended the moratorium on prospecting for shale gas in the Karoo for an additional six months, to allow for more public consultation on the matter, the North American oil and gas industry faces growing pressure to reduce the impact of shale gas development.
Read More...