Analyses, market trends, and global economic updates.
Johannesburg Stats SA has recently shown a startling increase in the average pay for South Africans, up 6.8% from the first quarter of 2022. The latest employment survey, conducted in the first quarter of 2023, shows a significant increase in the average monthly income of South Africans to R25 304 from the corresponding period...
You’re likely acquainted with the saying, “One man’s trash is another man’s treasure.” EcoPost, a visionary company based in Kenya, takes this adage to heart. How? By turning waste plastic into long-lasting fencing posts, they’re challenging the norms of waste management and creating an eco-friendly alternative to traditional wood fencing. Let’s dive into their...
South Africa’s new, controversial transformation legislation will have far-reaching effects on businesses and workers, and President Cyril Ramaphosa has just signed the Employment Equity Amendment Bill of 2020 into law. The new legislation vest extensive authority in the minister of Jobs and labour to establish sector-specific employment equity targets. In addition to creating employment...
Isabel dos Santos, the renowned Angolan businesswoman and eldest daughter of former President José Eduardo dos Santos, has carved out a unique path in the international business arena. Through a strategic blend of keen foresight and enterprising spirit, she has extended her influence beyond African shores to Europe, particularly Portugal, leaving an indelible mark...
Sustainable tourism is an emergent and prosperous field in South Africa that merges economic advancement with environmental preservation. This has been written to ensure the financial health of businesses, a principle especially critical to the burgeoning sustainable tourism sector. Through meticulous financial planning, budgeting, and forecasting, a sustainable tourism enterprise can thrive, supporting not...