Tag: economic growth

Excise taxes on beer have become a contentious issue, raising concerns about their impact on consumers, producers, and the economy. Adjusting tax policies can be challenging, though some amendments are more accepted than others.

Africa, a continent blessed with abundant natural resources, is home to many people reliant on traditional cooking methods. According to the International Energy Agency (IEA), nearly four out of five Africans still use traditional cooking fuels. These fuels include wood and charcoal, which contribute to deforestation and carbon pollution.

Master of Business Administration (MBA) and Doctor of Business Administration (DBA) education choices offer professionals a strategic pathway to enhance leadership skills, drive career growth, and achieve long-term success. These qualifications equip professionals with leadership skills, strategic insight, and global perspective. These qualities are essential to excel.

Legal opportunities in mining are rapidly expanding as South Africa’s mining sector continues to evolve. This offers significant growth and policy influence. In recent months, a wave of international law firms has closed their doors in South Africa. They cite challenges like economic uncertainty. As a mining lawyer, I have a deep-rooted belief in this country’s potential.

The first six months of the financial year were highly successful for the Group. Naspers accelerates growth with operations achieving topline growth of 24%. Consolidated e-commerce revenue reached US$3.3 billion during this period. Importantly, e-commerce adjusted EBIT increased fivefold to US$169 million.

As South Africa assumes the presidency of the Global Group of 20 (G20) in December, it faces significant opportunities. The country is set to lead global discussions on sustainable energy and economic development for the Global South. "Just energy transition" and financing solutions for economic growth are the top priorities on South Africa’s G20 agenda. This highlights the need for innovative, resilient, and green technology solutions.

There is a problem with Enterprise and Supplier Development (ESD) programmes in South Africa. We are finding out the nature of the problem and what can do about it. South Africa has a strong financial and capacity development landscape for Small, Medium and Micro Enterprises (SMMEs).

In Johannesburg, City Improvement Districts (CIDs) play a crucial role in urban development and management. These districts focus on collaboration. Property owners and tenants work together to tackle critical urban challenges. As a result, they enhance the quality of business environments.

Austerity does not need to mean suffering. Cutting public spending is urgent to address South Africa’s growing debt. Delaying cuts will only worsen debt and interest payments, making future cuts more severe. Reducing spending needn’t harm South Africans, as many wasteful expenses can be removed. In 2023, the Democratic Alliance (DA) estimated that the African National Congress (ANC)-led departments wasted around R40 billion in 2022/23 alone.

Africa is making slow, steady progress towards energy security, which will only be enhanced through collaboration. Energy access is undeniably one of the most crucial components of modern day living. Reliable energy supply ensures that economies are growing by supporting critical industries like mining, manufacturing, agriculture, healthcare and education, while improving the lives of billions of people.