World’s 20 must-go holiday destinations for 2017: Cape Town cracks the list
Bloomberg’s list of 20 must-go places for the New Year, an eclectic combination of 15 countries (three in Africa) and five cities, including Cape Town.
North Africa
IRR: SA not immune from terror attacks. Here’s why.
The Institute of Race Relations says for a number of years, it has been warning that South Africa should not see itself as immune from terror attacks.
Offshore trend continues – Mondi’s $101m for 90% stake in Turkish packager
Mondi has signed a deal to buy 90% shares in Turkey’s Kalenobel for around $101 million as part of a plan to grow its packaging business.
Africa seen as the next China, vehicle manufacturers take note
The future automotive demand in Africa suggests significant growth opportunities on the continent that the industry considers the Final Automotive Frontier.
Global Competitiveness: SA breaks into Top 50 – education, labour rock bottom
Among the larger emerging markets, there are some bright spots in WEF’s latest Global Competitiveness Index: India ends 5 years of decline with a spectacular 16-place jump to 55th. South Africa re-enters the top 50, progressing seven places to 49th.
ONEAfrica report: Corruption costs $1trn, root cause of African poverty
Irish superstar musician Bono, the front man for rock group U2, is a regular attendee at the WEF’s annual meeting in Davos. He wears his passion for Africa on his leather jacket sleeves. It hasn’t been an idle cause. Bono was in the forefront of the successful campaign to bring debt forgiveness for Third World … Read more
WEF Competitiveness Report: SA drops to 56, worst spot yet
Geneva, Switzerland, 3 September 2014 – Africa’s economies are enjoying mixed success in their attempts to become more competitive, according to The Global Competitiveness Report 2014-2015, launched today. According to the report’s Global Competitiveness Index, only three sub-Saharan countries (Mauritius, 39th; South Africa, 56th; and Rwanda, 62nd) score in the top half of the world’s … Read more
Brent crude hovers near $107 on Libya, Iraq concerns
By Keith Wallis SINGAPORE (Reuters) – Brent crude inched lower on Tuesday, but still held near $107 a barrel as worries over conflict in the Middle East and North Africa supported prices. Several soldiers were killed and aircrafts were damaged in Libya on Monday, as rival militias in the OPEC nation fought for control of Tripoli’s airport in the worst violence for six … Read more