economy

Calls for Re-Engagement to Save the Economy

Opposition leaders have called on the government to re-engage Zimbabweans living outside the country as efforts continue to find solutions to the country's faltering economy.

The leaders were speaking at a public forum in Harare organised by SAPES Trust, hosted under the theme 'Zimbabwe Going Forward; Consolidating the democratisation Processes and Re-enforcing Re-engagement with the Global Community'.

Calls for national re-engagement come at a time Zimbabwe is battling with mounting economic problems.

SouthSouthNorth: Personal Assistant

SouthSouthNorth (SSN) is a nonprofit organisation that supports the transition towards climate compatible economies and societies in developing countries. SSN facilitates this through collaborative and stakeholder-driven country processes as well as local-level action that address climate change and promote equitable access to sustainable development. SSN is currently involved in projects within Africa and Latin America.

SSN seeks to appoint a Personal Assistant, based in Cape Town.

Responsibilities:

Long-Term Community Development Investment Pays Off

After nine years of waiting, the community of Ncera, a sprawling rural settlement located just outside East London, celebrated the success of its long-term community development project in the form of a launch to welcome the first harvest from the Ncera Macadamia Farming Project.

Along with local government and community organisations, the people of Ncera village hailed the success of the project, a community planting and harvesting initiative which aims to alleviate poverty and create employment in the region.

Africa Urged to Step Up the Tempo

Africa has favourable medium-term economic prospects although growth rates have not recovered to pre-crisis levels, according to a report that also fingered rising inequality and abusive practices by multinationals.

Co-authored by the Organisation for Economic Co-operation and Development (OECD), the 2013 African Economic Outlook points out that, "With projected growth of 4.8 percent in 2013 and 5.3 percent in 2014, Africa's growth performance would continue to remain below average growth ... preceding the 2009 global recession."

Africa: Whose Promise?

The 23rd World Economic Forum on Africa (WEF) themed ‘Delivering Africa's Promise" ended on 10 May in Cape Town. The three-day forum provided a platform for regional and global leaders from business, government and civil society to expand Africa's integration agenda and renew commitment to a sustainable economic growth path. After the conclusion of the WEF the question remains: Whose promise does it aim to fulfil?

ILO Report Focuses on Unemployment

According to a new report released by the United Nations’ International Labour Organisation, an estimated 73 million young people will be out of work this year.

The report, which calls for creative and wide-ranging policy solutions to address the problem, states that the weakening of the global recovery has further aggravated the youth jobs crisis and that queues for available jobs have become longer and longer for young jobseekers.

Latest Unemployment Figures Shock COSATU

The Statistics South Africa Quarterly Labour Force Survey has revealed that the number of unemployed persons increased by 100 000 people to 4.6 million between the fourth quarter of 2012 and the first quarter of 2013. This took the country's official unemployment rate to 25.2 percent from 24.9 percent in the fourth quarter of 2012.
 

Broadband Delays Bad for Economy - WEF

The rankings by the World Economic Forum (WEF) show that the government's delays in improving broadband Internet access have a negative impact on South Africa's economy.

In 2013, South Africa occupied 70th place in the WEF rankings of 144 countries, according to its ability to benefit from the digital era.

Rankings are determined on the basis of among other things; a country's regulatory and business environment, the use of information and communication technology (ICT) and the subsequent impact on the economy and society.

Building BRICS to End Poverty: ActionAid

Despite being a relatively new player on the international scene, the BRICS [Brazil, Russia, India, China and SouthAfrica] club represents a potentially huge shift in the way global political and economic agreements are struck.

Its supporters are hoping for an end to the current system, where a few rich northern nations use their economic muscle to bully the world - and especially poor countries - into submission. But this is by no means guaranteed.

Makamure Highlights Struggles for Women

According to Lucia Makamure, alliance and partnership officer at Gender Links, as women across the world celebrate Women's Day, a number of women in the Global South spend it queuing for water away from their home or scavenging for food to feed their families.

Makamure argues that halfway across the world another woman from Kazakhstan will be walking from one village to another trying to find food that is not contaminated by radiation.

In Madagascar or Mozambique, another mother will spend the day trying to rebuild her house recently destroyed by floods.

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