economic growth

Africa Loses Billions in Plundered Resources

Clamping down on illicit plundering of food and natural resources could curb Africa's food shortages, says the latest Africa Progress Panel report.

The reports states that Africa’s forests and fisheries, which could be an answer to the continent’s food shortages and dire poverty levels, are instead being stripped illicitly to the tune of almost US$20 billion each year.

When added to the losses the continent is experiencing as a result of other illicit outflows, US$50-billion is lost overall each year, or 5.7 percent of sub-Saharan Africa’s gross domestic product (GDP).

Nigeria and South Africa Should Work Together

On Sunday, 6 April 2014, on the way to the South African Institute for International Affairs (SAIIA) offices in Braamfontein, Johannesburg, I passed many Nigerian churches, which are now permanent features of inner-city Johannesburg. Sermons were already underway and sounded celebratory. I wondered if they were celebrating the announcement of Nigeria being named the continent’s largest economy, usurping South Africa.

Global Youth Wellbeing Index: Our Two Cents

With half of the world’s population under the age of 25, much attention is now being focussed on the need to address youth needs and ensure they fulfil their potential.

A new report, compiled by the International Youth Foundation (IYF) and The Center for Strategic and International Studies (CSIS), assesses the wellbeing of young people in 30 high-to-low income countries across 40 indicators.

Elections and Leadership Changes: How Do Political Leaders Take (and Leave) Power in Africa?

In the 2012 Senegalese election, opposition leader Macky Sall defeated incumbent president Abdoulaye Wade and duly replaced him as the country’s new head of state. In that same year, vice-president Joyce Banda was swiftly sworn in as president of Malawi following the death of her predecessor, Bingu wa Mutharika, only two days earlier. In Mali, President Amadou Toumani Touré was ousted from power also in 2012, but this time via a coup d’état led by Captain Amadou Sanogo.

A One-Party Democracy

The conditions promoting the consolidation of democracy are likely to impose various structural constraints on the development capacity of new or born again democracy. Since 1994, development has been slow in South Africa. In 19 years, we still have abject poverty and millions living in substandard housing. In essence, the advent of democracy has failed to bring about substantial development. Many put the blame solely on the ruling party and its many ineptitudes.

Trade and Industrial Policy Strategies: Intern - Sustainable Growth

The Trade and Industrial Policy Strategies (TIPS) is an independent, nonprofit economic research institution that facilitates policy development and dialogue in pursuit of sustainable and equitable growth in Africa. TIPS works across six theme areas or policy pillars: trade, African economic integration, industrial development, inequality and economic marginalisation, sustainable growth and rural development.

TIPS  seeks to appoint an Intern, based in Pretoria.

SA Driving African Growth - UN

The United Nations (UN) says that although Africa has made huge strides in increasing human development in the past decade, gains could - with hundreds of millions of people being pushed into extreme poverty - easily be reversed should ‘significant progress’ not be made in halting global warming.

In its 2013 UN Human Development Report titled ‘The Rise of the South’, the UN differentiates between developed countries like the United States, Britain and Germany - as the north - and developing countries like China, Brazil, India and sub-Saharan Africa as the South.

Zuma Puts His Faith in NDP

President Jacob Zuma says the National Development Plan (NDP) will put the country on a clear growth path.
 
Speaking at The New Age business breakfast in Cape Town, Zuma, pointed out that, "It is our plan. It cannot be said it is a plan of the party or government, much as government has to implement the plan."
 
He further said that SA is clear where it is going, adding that it now has the NDP, which enable everyone an understanding of the direction his government want to take the country to.
 

Africa’s Increasing Poverty a Concern - Ban

The United Nations (UN) secretary-general, Ban Ki moon, says he is concerned about the millions of Africans still living in poverty, despite the continent recording positive growth in the last decade.

Currently Africa is home to six of the world's 10 fastest growing economies and the continent's economy has been growing at an average of five percent per annum over the last decade despite the global economic downturn.

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