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March 29, 2017

Indaba Tourism: 6-8 May 2017

Where? Durban Central, Kwazulu Natal

When? 6-8 May 2017

Overnight? See Durban Central accommodation, in Kwazulu Natal

Indaba is one of the largest tourism marketing events on the African calendar and one of the top three ‘must visit’ events of its kind on the global calendar.

It showcases the widest variety of Southern Africa’s best tourism products, and attracts international visitors and media from across the world.

Exhibitor categories include accommodation, tour operators, transport, game lodges, online travel and industry associations.

Outdoor exhibitors include transport, camping and safari companies.

Venue: Albert Luthuli [...]

 
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March 29, 2017

Plummeting oil revenue hits Lusophone prospects

Angola and Mozambique may have very different economies but their current economic problems have the same two root causes: low energy prices and economic mismanagement.

Low oil prices have slashed Angolan revenues and slowed the development of gas and coal projects in Mozambique. At the same time, Maputo’s borrowing resulted in default in January, while Luanda’s continued opacity and state control has not created an economy sufficiently robust to weather the period of low oil prices more comfortably.

Most forecasters have become more pessimistic about the two countries’ prospects. The World Bank has downgraded its forecasts for Mozambican growth in 2017 and 2018 by 2.5% [...]

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March 29, 2017

How can Africans trade more with other Africans?

Global companies were supposed to be more efficient, leveraging resources from across the world, from places where they are best sourced, to create value on an unprecedented scale. That seemed to be the case in fact.

Western multinationals used cheaper labour in underdeveloped countries to manufacture products that relied on inputs from all over the world and technologies developed in their more expensive labour markets. Studies now suggest these advantages are being lost. Labour is no longer as cheap in many places.

In China, for example, lifestyles are becoming increasingly aspirational – more Chinese are now seeking the good life and consequently demanding higher [...]

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Indaba Tourism: 6-8 May 2017