economy

State of the Nation 2013: Implications for Business

President Jacob Zuma addressed a somewhat distracted South African population in his State of the Nation speech. He started and finished the lengthy presentation by reaffirming the commitment of government to the vision set out in the National Development Plan. Unsurprisingly, this was one of a number of echoes of policy decisions made at the African National Congress’ (ANC) national conference held in Mangaung in December 2012. Among them were the categorical dismissal of the nationalisation debate and a strong defence of the supremacy of the constitution.

SA’s Participation in WEF a Success - Davies

Minister of Trade and Industry, Rob Davies, has described South Africa’s participation at the World Economic Forum (WEF) in Davos as a success.

Davies is quoted by SABC News as saying that, “One of the features for this year was that we had a very intense and frank discussion between ourselves and the business component of the delegation.”

He says the South African delegation went to the WEF with a common mission, which was to project a positive image of South Africa as a key player in the African continent and also as a huge growth of opportunity.

Research and Policy Brief: Two Scenarios for the Future of South Africa

At no point since 1994 has the South Africa Institute of Race Relations (SAIRR) confronted more against and pessimism about the future of the country than we saw in 2012. At briefing after briefing we are asked if South Africa is headed the way of the north-African uprisings or Zimbabwe. The same sentiment is reflected in newspaper columns and reports both here and abroad. Perhaps it is partly the SAIIR’s contrarian nature, but in many respects we are now more optimistic about the future than at any point in the last decade.

PACSA: Director

Pietermaritzburg Agency For Community Social Action (PACSA) is an independent, faith-based NGO that facilitates development processes to achieve social and economic justice. PACSA works for improved social cohesion as poverty is reduced in communities in the uMgungundlovu district in KwaZulu-Natal, South Africa.

PACSA seeks to appoint a Director, based in KwaZulu-Natal.

Responsibilities:

SMMEs Under Spotlight at NAFCOC Summit

The role and development of small and medium-sized enterprise (SMMEs) in the South African economy will be the key focus of the National Federation Chamber of Commerce and Industry's Annual Conference (NFCCI).

The conference aims to inform delegates on how SMME development has been the key element of job creation in other countries and how it is able to grow parallel economic structures.

SA’s Election to ECOSOC Significant - Ebrahim

South Africa's election to the Economic and Social Council of the United Nations (ECOSOC) comes at a significant time, according deputy minister of international relations and co-operation Ebrahim Ebrahim.
 
Ebrahim notes that, “It is significant that South Africa will be a member of this critical organ of the United Nations (UN) at the time that the target date for the achievement of the Millennium Development Goals is fast approaching - 2015."
 

The Entrepreneurial Revolution - Moving from Alchemy to Science

The growing necessity for fast tracking our economic development in South Africa and the pivotal importance of entrepreneurship in achieving this has led to recent calls for an entrepreneurial revolution in this country. This sense of proactive urgency is to be encouraged, yet such calls can be undermined when we lack a clear understanding of the tools for such a revolution. Part of this is symptomatic of a broader entrepreneurship challenge.

South Africa Elected to UN’s ECOSOC

The Department of International Relations and Cooperative says South Africa has been elected to the United Economic and Social Council.

The department states that South Africa finishes its two-year non-renewable, non-permanent membership of the Security Council on 31 December 2012 and immediately assumes membership of the Economic and Social Council on 1 January 2013.

SouthSouthNorth: Communications Officer

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 is seeks to appoint a Communications Officer, based in Cape Town.

Economic Deficiencies Blamed for Rising Unemployment

Statistics South Africa (Stats SA) has acknowledged that problems in the structure of the economy are contributing to the country's high unemployment rate.

The figures released by Stats SA show that South Africa's unemployment rate increased to 25.5 percent in the third quarter from 24.9 percent.

According to Stats SA deputy director-general, Kefiloe Masiteng, the increase is largely due to the lack of employment creation in sectors such as mining, private households and trade.

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