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Africa’s Best Country For Business?

Africa’s Best Country For Business?

AFRICANGLOBE – The Economist’s Intelligence Unit has released its Business Environment Rankings, looking at which country is likely to be the most business-friendly in the world leading up to 2018.

Black Empowerment Is ‘Killing Babies’

AFRICANGLOBE – South Africa’s policy of race-based affirmative action is “killing babies” and must be scrapped, the country’s White-run Institute of Race Relations said Friday. The institute, which spoke out against racial discrimination under apartheid, said Black empowerment policies had seen unqualified people appointed to positions where their incompetence hit poor and vulnerable communities.

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Election Outcome: South Africa Moving Away From One-Party State

AFRICANGLOBE – South Africa has, yet again, conducted free, fair, and credible national elections. With 99 percent of the votes counted, the governing African National Congress (ANC) has won 62 percent of the vote, the official opposition, the Democratic Alliance (DA) has won 22 percent, while a new populist, the Economic Freedom Fighters (EFF) won 6 percent.

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South Africa’s Zuma Promises Growth After Army Crackdown On Protests

AFRICANGLOBE – South African President Jacob Zuma promised on Saturday to push through business-friendly reforms, signaling he would use a sweeping election victory to pursue economic growth in the face of opposition.

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African Youths On Entrepreneurship And Taking The Plunge

AFRICANGLOBE – Thomas Watson once said that “the business leaders of tomorrow will be young men of today – men like you who are preparing now for the great future which lies ahead. You may view the future with confidence, knowing that from the youth of today will emerge the leaders of tomorrow.”

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South Africa Police Deploys Army To Quell Post-Election Violence

AFRICANGLOBE – South Africa deployed its armed forces overnight to quell post-election unrest in a Johannesburg slum and police arrested 59 people as the ANC clamped down on violence following its victory at the polls. By calling in the army, the ANC government appeared to be taking a harder tack against public unrest than it has in the recent past.

When violent labor unrest swept through South Africa’s platinum-mining belt in 2012, the government put the army on standby but did not dispatch it.

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The ANC Will Win 60%, But Will Need EFF In Parliament

AFRICANGLOBE – If the predictions hold, the ANC will continue to dominate Parliament, but would need the support of virtually every smaller party, or just the EFF. Should the EFF throw its new-found weight behind its stated mortal enemies, the ANC, the two parties would stand unchallenged in the national legislature.

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South Africa’s ANC Rolls To Victory, Boosting Zuma Reform Clout

AFRICANGLOBE – The ruling African National Congress (ANC) swept toward victory in South Africa’s fifth post-apartheid election on Thursday, handing President Jacob Zuma the clout to push through pro-business reforms in the face of union and leftist opposition.

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South Africa, China In Talks To Build Science And Technology Park

AFRICANGLOBE – South Africa and China are in talks for the establishment of a joint science and technology industrial park that will stimulate high-tech manufacturing industries in the former’s economy.

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