3 ways financially savvy women can unlock economic growth

OPINION Sifiso Skenjana It’s been an eventful few weeks, particularly if one looks through the lens of recognising the world’s women, and the role they continue to play in global sociopolitical outcomes. The Sudanese woman dubbed Kandaka – ‘Nubian Queen’ – became a resistance symbol as protests intensified, calling for Sudanese president Omar al-Bashir to step down after ruling for almost 30 years since leading a coup d’etat in June 1989. On April 2 this year, the continent commemorated the life of another resistance icon, Mama Winnie Madikizela-Mandela. And in…

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OPINION: Brazilian chicken producers are running scared

JOHANNESBURG – Brazil must be really worried that higher duties are about to halt the flood of chicken imports that are harming the South African chicken industry, its workers and surrounding communities.In the last few days, three Brazilian officials have similarly worded comments in different South African publications. They attack the application by the SA Poultry Association (Sapa) for higher tariffs on Brazilian chicken and deny that Brazil dumps its product in South Africa. Brazilian producers accuse the local industry of lies, slander and disinformation. They profess nothing but love…

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OPINION: Now is the time to stand together and get African youth to work

JOHANNESBURG – Let’s start with Nigeria, where the youth population is more than 35 million, with many unemployed and struggling just for a daily meal. Then there’s Rwanda, which is marking the 25th anniversary of its genocide and has done a great job rebuilding the country and reducing its unemployment rate to 15percent. Next up South Africa, where injustices of the apartheid era and lack of skills have left the majority of its youth destitute, with little hope evidenced by the protests seen during the past few weeks. Unemployment remains…

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UNCERTAINTY IS THE BIGGEST THREAT TO SOUTH AFRICAN ECONOMY, BUSINESS AND SUPPLY CHAINS

While South Africa’s power crisis is reportedly costing the country up to R80 billion a month, it is not load shedding itself that is currently the biggest threat to the economy. According to Dr Robert Besseling, executive director of risk consultancy EXX Africa, the main business and supply chain disruption in South Africa today is uncertainty – around the power blackouts, as well as industrial action and key pieces of legislation. “When will load shedding end? The real disruption is not actually switching off the power, but the nebulous information…

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Transformation and job creation in agriculture- OPINION

OPINION / 2 APRIL 2019, 09:00AM / EUSTACE MASHIMBYE JOHANNESBURG – Land reform is one of the political hot potatoes of our time and remains one of the more contentious policy issues. However, for the existing 250 000 or so emerging farmers, access to land has not been their most pressing problem, nor will providing more small-scale black farmers with land be the silver bullet that will increase much needed transformation in the agricultural sector. It is still fair to say that most of the large-scale commercial farmers in both crop and livestock farming are…

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Closing the gap in Africa’s energy challenges

JOHANNESBURG – Africa is a continent blessed with an abundance of natural resources – water, wind, thermal coal, natural gas, and of course plenty of sunshine – but the electrification rate across the continent remains extremely poor. Of the 1.2 billion people who live in Africa, it’s estimated that more than 650 million have no access to energy, relying instead on fossil fuels like diesel for electricity generation and harmful cooking fuels such as wood, charcoal, and kerosene. This sets our continent back in meeting energy access goals, restricts industry…

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Profits, projects and pressure in the construction industry

By Kenny Ingram, Global Industry Director, Engineering, Construction & Infrastructure This year will see a digital leap forward as many construction companies explore implementing integrated business software into projects for the very first time. Tighter margins, global skills shortages and new industry entrants are all ramping up the pressure on traditional construction businesses to deliver greater productivity and more integrated, cost-efficient projects, on time, every time. 50% of all construction projects worldwide will include modular content by 2022, driven by the growing global skills shortage In March 2018, a new factory opened outside Liverpool, England employing 150 people…

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OPINION Wind & Solar Are Always Ruinously Expensive

  A very similar plan was actually implemented in South Australia and shows us what to expect in the real world. Driven by green ideology, South Australia shut down coal stations, which had been providing cheap, reliable electricity, and built a lot of wind turbines and some solar power. Australia, unlike us, has an abundance of cheap gas. The result was soaring electricity prices to final customers and two total state black-outs. At one point in July 2016, the price of electricity reached $14/kWh. This is R140/kWh. Their IRP’s “least…

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Energy, utilities and resources – diversify or disappear?

By Colin Beaney, IFS Global Industry Director for Energy, Utilities & Resources Renewables accelerating even faster than previously predicted, CX and UX driving innovation, a new generation of proactive consumers driving demand for more diversified energy, business and payment models: In 2019 energy and utility companies face the challenges of an industry rapidly diversifying, decentralising and digitising. The sure-fire way to keep up? Make sure you stay ahead. By 2040, 66% of the global energy market will be in renewables, driving an urgent race to diversify in 2019   GLOBAL…

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What a major offshore gas find means for South Africa’s energy futur

  Many South African politicians, economists and specialists in the energy sector are celebrating the news that a promising show of natural gas has been discovered in deep water south of Mossel Bay. It was found in an offshore prospecting area called Brulpadda (Afrikaans for bullfrog), which is licensed to global energy giant Total. The discovery, comes against the backdrop of rising fuel prices and an electricity utility in crisis, has raised hopes that it may be a game changer. The Conversation Africa’s Nontobeko Mtshali spoke to Robert Scholes and Rod Crompton about the significance…

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