Pretoria – Mineral Resources Minister Mosebenzi Zwane has welcomed a commitment by the Japanese government to increase its investment in South Africa, despite the current downturn in the glo
bal economy.
“We are encouraged by the continuous support from the Japanese government and companies, and that they are prioritising South Africa,” Minister Zwane said on Wednesday.
On Tuesday, he met with Parliamentary Vice Minister of Economy, Trade and Industry, Tsuneo Kitamura, on the sidelines of the Mining Indaba in Cape Town.
“It gives us confidence that our country remains a preferred investment destination. Investors are taking a long term view and are not discouraged by the current downturn in the cycle,” Minister Zwane said.
Japan remains a major trading partner for South Africa, with about 140 companies active in the country and over 150 000 jobs created. – SAnews.gov.za
Integration In Africa: How Visa-Open Is the Continent?
One major player in any integration is immigration. Immigration is a factor that not only allows the movement of goods and people but it is also a mover of factors of production.
Recently, Africa has embarked on the amalgamation of various national departments especially among regional blocs like East Africa Community (EAC) and Economic Community of West African States (ECOWAS).
In a bid to evaluate how integration and particularly visa openness in Africa, the African Development Bank (AfDB) has released a report that shows that despite African nations pushing for integration, the continent largely remains closed off to African travelers.
The African Visa Openness Index indicates that on average Africans need visas to travel to 55% of other African countries, can get visas on arrival in only 25% of other countries and don’t need a visa to travel to just 20% of other countries on the continent.
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The rise of internet veg box schemes in sub-Saharan Africa
Growing up on a farm in central Kenya, Winston Wachanga witnessed the piles of fruit and vegetables that perished after never making it to a market.
Later with a tomato farm of his own, he experienced the same struggle of farmers across the country trying to find a buyer. “We have so much produce but accessing customers is difficult. We don’t have capacity to get produce to market and we end up being exploited. It becomes frustrating,” he says.
To solve this gap, Wachanga set up online delivery company Kitchen Soko. In less than a year he has built up a network of 80 local farmers in Kenya whose produce is delivered in a box straight to the customer’s front door. Customers can find out exactly which farm the produce has come from.
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Japan to increase investment in SA
Pretoria – Mineral Resources Minister Mosebenzi Zwane has welcomed a commitment by the Japanese government to increase its investment in South Africa, despite the current downturn in the glo
bal economy.
“We are encouraged by the continuous support from the Japanese government and companies, and that they are prioritising South Africa,” Minister Zwane said on Wednesday.
On Tuesday, he met with Parliamentary Vice Minister of Economy, Trade and Industry, Tsuneo Kitamura, on the sidelines of the Mining Indaba in Cape Town.
“It gives us confidence that our country remains a preferred investment destination. Investors are taking a long term view and are not discouraged by the current downturn in the cycle,” Minister Zwane said.
Japan remains a major trading partner for South Africa, with about 140 companies active in the country and over 150 000 jobs created. – SAnews.gov.za
South Africans Spend 24.7% Of Income On Mobile Services
Anything more than 5 percent in unaffordable, according to the International Telecommunication Union, said Alan Winde, minister of economic opportunities in the Western Cape.
The South African average monthly spend on a cellphone for voice and data is 210 rand ($13.06) per month, according to an Oct. 19 2015 BusinessTech report.
It’s worse in Malawi, where citizens spend more than $12 a month on average for mobile phones — that’s more than 50 percent of what an ordinary Malawian earns in a month, BBC reported in February 2015.
The universities of Cape Town and Western Cape conducted research commissioned by the provincial Western Cape Department of Economic Development and Tourism.
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