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  • Africa’s middle class grows by 230% over past 14 years

    A recent report, Understanding Africa’s Middle Class, released by Standard Bank has found that there are 15 million middle-class households in 11 of sub-Saharan Africa’s top economies this year, up from 4.6 million in 2000 and 2.4 million in 1990 – an increase of 230% over 14 years. However, the report said 86% of them [...]

US imports from sub-Saharan Africa reach US$39.3bn – thanks to AGOA

The Unites States imported goods from sub-Saharan Africa to the value of US$39bn in 2013, according to figures released by the US Department of Commerce-International Trade Administration. All of this thanks to the African Growth and Opportunity Act (AGOA), which provides exporters duty-free access to the lucrative US market. US imports from the Southern Africa [...]

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Gender equality in S. African politics, theme for 2014 Helen Joseph Memorial Lecture

‘Past, Present and Future of the African National Congress (ANC) Women’s League, and Implication for Gender Equality’ is a theme for the 2014 Helen Joseph Memorial Lecture that will take place next Monday 18 August 2014 in Johannesburg, South Africa. The ANC Women’s League is one of the branches of South Africa’ ruling party, ANC, [...]

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South Africa’s women entrepreneurs’ number rises

The number of women entrepreneurs continues to rise in South Africa nearly reaching the gender parity in small and medium business, Business Partners Limited (BPL) said last week, as the country celebrates Women’s Month. Gugu Mjadu, BPL marketing executive GM, said signs were encouraging and highlighted that a 50-50 participation of men and women on [...]

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South African government, tourism industry showdown over tough immigration laws

Tourism in South Africa appears to be heading for a big fall after the South African government brushed aside the tourism industry’s calls to compromise on the new, tough and ‘unfair’ immigration laws experts believe will hurt the sector in the long run. Industry watchers who were hoping that a recent meeting between the tourism [...]

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Infrastructure global spending to reach US$9 trillion annually by 2025 – PwC

Global capital project and infrastructure spending is expected to grow to more than US$9 trillion annually by 2025, up from US$4 trillion in 2012, according to ‘Capital project and infrastructure spending: Outlook to 2025’, a new report released this week by PricewaterhouseCooper (PwC). Overall, close to $78 trillion is expected to be spent globally between [...]

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