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South Africa South Africa: South African Policies Help Reduce Poverty, says World Bank Report
South Africa’s fiscal policies lifted 3.6-million people out of poverty in 2010-11, a World Bank report has found. The SA Economic Update, released on Tuesday (4 November 2014), found that SA’s fiscal policies are cutting the rates of poverty and inequality, and that tax and social benefits are effectively redistributing income from rich to poor. "We find that fiscal policy is very progressive in South Africa — it benefits the poor more than the rich," World Bank economist Catriona Purfield to ...
South Africa South Africa: SA Committed to G20’s 2018 Target
Despite risks in the global economy, Finance Minister Nhlanhla Nene says South Africa is committed to the G20 Summit’s two percent Gross Domestic Product (GDP) growth target by 2018. After two days of discussions, leaders of 20 major world economies reaffirmed their pledge in overcoming geopolitical tensions and financial risks to spur global growth by an additional 2 percent above current projections over five years and create jobs. "This year we set an ambitious goal to lift the G20's GDP by ...
South Africa South Africa: Projects Launched to Transform Rural Landscape
President Jacob Zuma on Saturday launched rural infrastructure projects which are expected to change the lives of many residents and further catalyse development, job creation and investment in uMsinga, in KwaZulu-Natal. The R70 million worth of rural infrastructure projects form part of government’s Comprehensive Rural Development Programme (CRDP) which aims to tackle issues such as underdevelopment, food security, unemployment, poverty, lack of basic services and other social ills which have ...
South Africa South Africa: SAP Innovation Transforms how Governments Conduct Business
SAP Africa kicked off its public sector innovation roadshow in Johannesburg, to highlight how the SAP innovation solutions portfolio including, cloud and big data, supports all levels of government in order to facilitate socio-economic change throughout Africa and how governments are looking at innovative ways of connecting the industry players with their communities. SAP is working with government organisations across the world, to offer the right mix of technology required, to help government ...
South Africa South Africa: Solving Local Problems with African Innovation
Africa continues to stun the world with its innovative ideas and technologies that are solving local challenges. Pauline Mujawamariya, program director of the Innovation Prize for Africa (IPA), told CNBCafrica.com that the Global Innovation Index indicated that sub-Saharan Africa accounts for nearly 50 per cent of the innovation learner economies among the low income countries.
South Africa South Africa: Youth Colloquium to Promote Mandela Legacy
Arts and Culture Minister Nathi Mthethwa will today convene a special colloquium with over 800 youth from various campuses in Gauteng on the role of the youth in promoting the legacy of late former President Nelson Mandela. The event, which will be held at the ZK Matthews Auditorium at the University of South Africa, is themed “Youth of South Africa – Our Time is Now”.
Kenya Kenya Airways Emerges Tops At 4th CIO 100 Awards
The fourth edition of the Annual CIO 100 Awards and Symposium came to a close in a colourful gala dinner held on Friday evening at Enashipai Resort in Naivasha. In this year's event, Kenya still dominated the top awards list.
South Africa South Africa: A Re Yeng to Make its Debut on Friday
The long-awaited Tshwane Rapid Transit (TRT), also known as A Re Yeng, is set to hit the city’s streets on Friday. Pretoria will be the fourth city in South Africa with a bus rapid transit system, joining the City of Johannesburg, the City of Cape Town and Nelson Mandela Bay Municipality. Tshwane Executive Mayor Kgosientso Ramokgopa made the announcement on Tuesday when awarding certificates to 43 bus drivers.
South Africa South Africa: SA Business Leaders more Open to Innovation
The GE Global Barometer identifies drivers and deterrents of innovation and analyses perceptions around innovation. About 3,100 business executives were interviewed by phone for the GE Global Innovation Barometer in 25 countries. The General Electric Global Innovation scorecard ranks 50 countries on certain factors impacting the level of innovation within each country.
South Africa South Africa: SA Participates in the Regional World Economic Forum's Annual Meeting of the Champions 2014
Minister of Communications Faith Muthambi has arrived at the first day of the World Economic Forum's 8th Annual Meeting of the Champions 2014. The "Summer Davos" Forum held in Tianjin, China from 10-12 September 2014 under the theme, "Creating Value through Innovation". South Africa is participating in this forum for benchmarking and sharing ideas around science, technology and innovation. The annual gathering will also look at issues of unemployment around the world and how it can be addressed ...
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