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Posts Tagged ‘Africa’
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October 25, 2018

SA ECONOMY, A BREAKDOWN

The World Economic Forum (WEF) has published its latest Global Competitiveness Index, showing that South Africa has dropped five places in the rankings since 2017.

The report measures and assesses the competitiveness landscape of 140 economies, and gives insights into what drives economic growth among them.

This is done through assigning scores to various indicators across 12 key pillars – starting with a country’s institutions, all the way through to the business dynamics.

In 2018, South Africa ranked 67th globally – with an overall score of 60.8 – attaining the second spot in Sub-Saharan Africa. This is down five places from 62nd place in 2017.

According [...]

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October 22, 2018

SA REMAINS AFRICA’S TOP PICK FOR FOREIGN INVESTORS

SA is still the most attractive financial market for international investors in Africa, according to the Absa Africa financial markets index.

The country remained in the top position for the second year running with a score of 93 out of 100, supported by strong financial market infrastructure and a robust legal framework.

Despite this, the report warns that SA’s macroeconomic performance deteriorated in the past year as it plunged into recession for the first time since the global financial crisis, exposing SA to “rising financial risks”.

This could result in the country being challenged for the top spot by the likes of Kenya, Nigeria and [...]

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October 3, 2018

IT’S TIME FOR AFRICA TO TELL A NEW STORY

Throughout time, storytelling has largely influenced how people behave and perceive each other across the world. It is this single factor instilled in individuals since childhood that has contributed to stereotyping and prejudice across societies and cultures. Stories have instigated wars and political mudslinging, racial segregation and gender discrimination, generational and cross-country hostility, and bitterness between low and high-income communities. Even Africa is perceived in a certain way because of the stories being told about it. The role of traditional media and social media are key players in the way the world views Africa, and possibly contributes to putting the brakes [...]

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July 31, 2018

STOP THINKING IN A SILO, EMBRACE TECHNOLOGY

Some ‘interesting’ comments have been levelled at Sagarmatha Technologies, post our announcement that we plan to list the company on the Johannesburg Stock Exchange. Before I unpack what Sagarmatha is and will do, so everyone can be on the same page, let me address the less salubrious remarks that have percolated certain quarters last week.

This is not about a company that is in financial trouble needing to settle a loan. Let’s make that very clear. It’s about a future where eCommerce is driving the digital economy across Africa, supported by the broad reach of a media organisation that has deep penetration through traditional print, has a steadily growing digital audience, a [...]

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