development

Prasa Executes Madonsela’s Remedial Actions

Passenger Rail Agency SA’s (Prasa) turn-around strategy as well as a report into its procurement and supply chain management by the Office of the Public Protector are both receiving the attention of the agency’s board and will be brought to the attention of Transport Minister Dipuo Peters.

This is according to the Prasa board‚ which met with Parliament’s Standing Committee on Appropriations in Cape Town on Wednesday. The meeting was called to discuss its financial and non-financial performance for the 2015-2016 financial year.

Rand Improves Following NPA Announcement

The rand has turned around after plunging on Tuesday in response to Finance Minister Pravin Gordhan's legal woes. 

The currency fell further this Wednesday but it changed course and jumped up by 2% against the dollar on Wednesday afternoon.

After a one month low of R14.50, the currency strengthened dramatically to around R14 to the dollar before moderating again.

​Cooperatives Confront Capitalism

Cooperatives the world over are successfully developing alternative models of decision-making, employment and operation without the existence of managers, executives and hierarchies. Through case studies spanning the United States, Latin America and Europe, including valuable new work on the previously neglected cooperative movement in Cuba, the author explores how cooperatives have evolved in response to the economic crisis.

Japan Pledges to Invest US$30 Billion in Africa

Japan will pour US$30 billion in investment in Africa by 2018, including US$10 billion in infrastructure development.

Speaking at the opening of the Tokyo International Conference on African Development (TICAD) in Nairobi, Kenya, .Japanese Prime Minister, Shinzo Abe, explained that, “When combined with the investment from the private sector I expect the total real amount to be US$30 billion."

He adds: "This is an investment that has faith in Africa's future."

Reconstructing Urban Economics: Towards a Political Economy of the Built Environment

A substantial and much-needed contribution to urban economics, providing both a critique of the mainstream and a compass for alternatives. Neoclassical economics, the intellectual bedrock of modern capitalism, faces growing criticisms, as many of its key assumptions and policy prescriptions are systematically challenged. Yet, there remains one field of economics where these limitations continue virtually unchallenged: the study of cities and regions in built-environment economics.

Govt is Implementing NDP - Radebe

Minister in the Presidency for Planning, Monitoring and Evaluation and chairperson of the National Planning Commission, Jeff Radebe, has launched the National Development Plan (NDP) Communications Strategy and the unveiling of NDP 2030 Brand Identity.

Radebe says the unveiling of NDP 2030 Brand identity will help encourage people to identify with programme.

He is encouraging South Africans to use the new brand identity to strive towards the NDP's goals to reduce inequality and eradicate poverty by 2030.

​Next 10 Years Critical for Africa's Transformation

The New Partnership for Africa’s Development (NEPAD) has urged citizens and leaders across Africa to work to ensure that the continent’s development objectives are achieved in the next 10 years or risk slipping back into underdevelopment.

NEPAD chief executive, Dr Ibrahim Assane Mayaki, in an interview after the recent World Economic Forum on Africa, made it clear that it’s time for African countries to have clear national and regional development plans and fast-track their implementation.

​Beneficiation Key to Africa’s Development

The African Union Commission (AUC) says the natural resources must contribute to shared prosperity of Africans.

The commission chairperson, Dr Nkosazana Dlamini-Zuma, says that industrialisation, value addition and the beneficiation of raw minerals are important in resolving the paradox of a rich Africa and poor Africans.

Dlamini-Zuma points out that, “If you look at all these big economies and medium-sized countries that have developed, they have developed because of mineral resources.”

Achieving the Malaria MDG Target: Reversing the Incidence of Malaria 2000–2015

In this joint publication, United Nations Children’s Fund’s (UNICEF) and the World Health Organisation report that between 2000 and 2015, malaria mortality rates among children under age 5 fell by 65 per cent, saving an estimated 5.9 million lives. The report highlights the remarkable global and regional progress made against malaria, and the main challenges that remain in controlling and eliminating this disease, which still poses a threat to about 3.2 billion people – almost half of the world’s population.

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