It seems as if the old thread has disappeared (I've searched for 15 minutes)
If anyone sees it, just bump it up, and I'll continue posting there.
This is just not true. SA performs well in plenty of social indicators and poorly in a few others. Generally SA does badly on health indicators due to the lingering effects of the AIDS epidemic - where BTW the government has been praised by WHO for implementing the largest and most effective treatment program in the world. SA actually performs better than many other upper middle income on indicators like mean years of education and expected years of education, primary school completion rate etc.
Of course there is tons of room for improvement but the idea that other large SSA countries are anywhere remotely close to catching up is just not supported by any data. They are 50 years behind even with good policies and stable growth.
To this day tens of thousands of Nigerians, Ethiopians, Congolese etc. continue to flock to SA despite its so called poor economic situation and terrible living standards. South Africans going the opposite direction is unheard of.
Exiting stuff always wondered why the never branched we are export competitive now but will the locals see the benefits or will it all go offshoreThe diversified industrial conglomerate, has hinted on expanding its business network regionally to combat foreign currency woes that have been one of major deterrents to business enterprises in the country.
Most of Innscor's produce has been obtainable in the confines of Zimbabwe despite the eminence of its goods and ability to conquer some regional markets.
Julian Schonken the Innscor Limited Chief Executive Officer told shareholders and analysts at the annual general meeting this week that his group was considering broadening its supply chain into the region and some of the group's divisions have already started drip feeding their products to some export markets.
"Predominantly the group has been Zimbabwe centric, I think the current conditions do allow for exports to commence so I would say that in most of the operations there are some exports that are now taking place.
"Only that it takes time to build up export market and that is the process we are going through at the moment, exports are commencing in a small way but our aim is to increase our export market," Mr Schonken said while addressing the AGM.
https://allafrica.com/stories/201912050253.html
https://www.bloomberg.com/news/arti...lion-to-support-industry-amid-economic-revampEgypt on Wednesday launched a 100 billion pound ($6.2 billion) initiative to support local industry, as the nation looks to boost private sector growth in the next phase of its economic revival program.
Under the new plan, factories with sales of under 1 billion pounds would be able to secure loans at a reduced interest rate of 10%, central bank Governor Tarek Amer said, speaking after a Cabinet meeting. Those with sales over the threshold wouldn’t have access to that rate.
The move is the latest push by the government to spur competitiveness and growth in the private sector, a key element in the next stage of an economic program launched in late 2016 with the devaluation of the currency. That sought to curb a crippling dollar shortage and helped secure a $12 billion International Monetary Fund loan that shored up investor confidence.
Poor Africans across the continent are poorly skilled. This problem is not unique to SA. We don't have any version of Ukraine or Vietnam of a "poor but skilled" population in Africa.Poor South Africans are poorly skilled was the statement. Doesn’t mean no SAs are skilled
The statement was that relative to other Africans it seems they’re less skilled. At least when it comes to entrepreneurial skills. Which is why they’re unable to compete against the migrant shop owners. May just be perception though.Poor Africans across the continent are poorly skilled. This problem is not unique to SA. We don't have any version of Ukraine or Vietnam of a "poor but skilled" population in Africa.
Migrants are not a representative sample of a local population though. Pretty much everywhere in the world migrants have much higher rates of entrepreneurship than locals because they are a self-selecting group of people (barring mass refugee crises like Syria etc.).The statement was that relative to other Africans it seems they’re less skilled. At least when it comes to entrepreneurial skills. Which is why they’re unable to compete against the migrant shop owners. May just be perception though.
Because usually, locals have secure jobs (requiring even higher skills) and have no reasons to open up shops. Hence, why they don't attack migrants for "taking their jobs" or "making more profits in their trade". The case is not true for South Africa. In countries like South Africa, where you still have poor people at the level of migrants' income (eg: Kenya, Nigeria, etc), you don't see migrants dominating the entrepreneurship sector across the country. If poor south Africans are so poorly skilled that they can't compete against a tiny number migrant entrepreneurs, they would definitely crash, if they ever try moving to any SSA country, where basically every "poor" person has some trading business going on.Migrants are not a representative sample of a local population though. Pretty much everywhere in the world migrants have much higher rates of entrepreneurship than locals because they are a self-selecting group of people (barring mass refugee crises like Syria etc.).
If they are so comfortable with the peanut handouts that they receive, they shouldn't be attacking foreign shops. They should be content with sitting idle while "living the good life".I agree the comparatively good welfare state in SA might discourage poor locals from entrepreneurship because they are not completely desperate as migrants from other African countries.
https://www.voanews.com/africa/algeria-2-ex-ministers-face-groundbreaking-corruption-trialAlgeria: 2 Ex-Ministers Face Groundbreaking Corruption Trial
ALGIERS, ALGERIA - Two former Algerian prime ministers went on trial Wednesday on corruption charges, in the most high-profile act of transparency and accountability since a pro-democracy movement pushed out the long-serving president.
The exceptional trial, which is being televised and also involves several other former Algerian power players, comes at a time of renewed political tensions in the oil- and gas-rich country, a week ahead of a controversial election to replace President Abdelaziz Bouteflika.
Ahmed Ouyahia, who was forced out as prime minister in March as protests against Bouteflika escalated, and his predecessor Abdelmalek Sellal testified Wednesday at the Sidi M'Hamed court in Algiers.
Both are charged with "corruption and the misappropriation of public funds" and both deny any wrongdoing.
Two former industry ministers who served under Bouteflika, influential car industry executives, bankers and other businessmen are also facing charges.
The trial was boycotted by defense lawyers, who stayed away because they felt conditions were not met for a fair trial.
Much of the questioning involved a car manufacturing corruption scandal, allegedly involving huge bribes, inflated invoices and dodgy loans.
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yup. to really push it it'd help to have the government behind it. sushi is the national dish of Japan, but what is ours and which will we push. france has been effective at limiting the use of names like champagne, something we can do for out food and drinks, like zobo^^ I think Ethiopians have been relatively outstanding in the food business! Pretty much everywhere I have been to, there's always some Ethiopian restaurant(s) in (a) major district(s).
It's a bit of a shame, that Nigerians in diaspora haven't taken advantage of this business. Nigerian restaurants are typically non-existent or in some very niche neighbourhood. Dishes like jollof rice, pepper soup, and suya should be much more popular globally than it is right now; the other local dishes should also ring bells when mentioned.
The term "champagne" is pushed by champagne trade associations and basic marketing/consumer protection laws to prevent false advertising. Champagne is a region in France where specific grapes are made for sparkling wine. Hence calling a bottle of sparkling wine made in Napa, California "Champagne" isn't just false advertising it's just a factually incorrect statement.yup. to really push it it'd help to have the government behind it. sushi is the national dish of Japan, but what is ours and which will we push. france has been effective at limiting the use of names like champagne, something we can do for out food and drinks, like zobo