Featured Article

 

Should Africa emulate Asian manufacturing?

 

 

Labels and product stamps across the world reveal the all too familiar imprints ‘Made in China’ or ‘Made in Japan’. There is no question that Africa as a developing continent, is rich with endless opportunity. This begs the question; how should African countries be looking to increase their manufacturing sectors to grow their economies and should they take notes from the Far East?

 

In This Issue

 

Doing business in Africa needs an inclusive approach


Economic growth in sub-Saharan Africa (SSA) is estimated to rebound to 2.8%1 for 2019. While this is still below the 3% since 2015, the more subdued growth is on the back of enduring uncertainty in global and domestic markets, alike, which continue to influence political will, macroeconomic stability and market fragility.

Doing business in Africa needs an inclusive approach

Economic growth in sub-Saharan Africa (SSA) is estimated to rebound to 2.8%1 for 2019. While this is still below the 3% since 2015, the more subdued growth is on the back of enduring uncertainty in global and domestic markets, alike, which continue to influence political will, macroeconomic stability and market fragility.

 


 

Making China accessible to African importers


 

 

Standard Bank has launched an Africa China Agent Proposition (ACAP) which aims to assist African importers source and validate quality goods, safely and efficiently, from the most competitive suppliers in China.

 

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Belgium celebrates 25 years of development cooperation in South Africa


The Belgium government has invested close to half a billion rand in South African development over the past 25 years, in projects ranging from ICT training to skills development, from academic access to public health solutions, from TB/HIV prevention to land reform and rural development.

 

For growth, SA must support Industrial Entrepreneurs 


The London Business School recently hosted its annual Africa Club event, a gathering of the school’s top minds, foremost MBA alumni with a specific interest in the mother continent. I was one of these and had the additional honour of moderating a panel discussion about a topic I am very close to: manufacturing in Africa.

Brexit and Africa

Brexit, combined with the trade wars involving the world’s two powerhouse economies, China and the USA, is a major factor in generating global uncertainty at present. Uncertainty is bad for global business, which also impacts African countries, including Nigeria, the biggest economy on the African continent.

 

 

Cargo theft statistics and trends


As per the report, cargo theft from road vehicles accounted for 84% of all the modalities of theft with 13% coming from warehouses/storage areas, 1% from freight trains and 2% other areas. Food and Beverage were the most commonly stolen items during such cargo theft accounting for around 19% followed by Alcohol/Tobacco and Consumer products at 15% and Electronics, Apparel, Footwear and others making up the balance.

 

Global apple market overview


The new apple season has not yet started in the northern hemisphere, but the market is already under pressure. The total stock of apples in Europe stood at 1,561,430 tons (WAPA) on May 1 this year, the highest figure in more than 10 years. Nevertheless, the sales and price rates vary per variety.

Global Trade Show supports entrepreneurs and business development

Business opportunities, networks and knowledge for entrepreneurs and owners of small- and medium-sized businesses are a key focus of the 2019 Global Trade Show of Networking and Match-Making South Africa (GTS 2019). Now in its third year, GTS 2019 takes place from 29 to 31July 2019 at Gallagher Convention Centre, Midrand, Johannesburg.