SA scores top honours in budget transparency
South Africa shares the top spot in the recently released Open Budget Index (OBI) survey. The OBI survey assesses the availability of eight key budget documents in each of the 115 countries evaluated, and considers the comprehensiveness of data in these documents. “South Africa’s efforts to deepen transparency in... Read more
Top five business risks for Southern Africa
Political uncertainty through transitions and instability are among the key risks for businesses in Southern Africa in 2018, says specialist global risk consultancy Control Risks (www.ControlRisks.com) in its annual political and security risk forecast RiskMap. Control Risks’ Senior Partner for Southern Africa George Nicholls comments: “2018 will see continued... Read more
Expanding internet access’ not for everyone in SA says major African study
South Africa was one of the four countries participating in a Mozilla-backed research, carried out by Research ICT Africa, which aims to understand, from a comparative perspective, how citizens use the internet when data is subsidised and when it is not. The compelling investigation finds that significant barriers to... Read more
SA faces stiff African competition in education
 South Africa’s higher education system is facing stiff competition from its African counterparts, despite the country hosting six of the top 15 African universities says the World Economic Forum in the 2017 Africa Competitiveness Report. The latest report puts Mauritius Mauritius (ranking 52nd) as the highest ranked of all... Read more
Finance minister amends money laundering regulations
Finance Minister Malusi Gigaba has amended the Money Laundering and Terrorist Financing Control (MLTFC) Regulations, National Treasury said on Tuesday. The Minister has also withdrawn exemptions made in terms of the Financial Intelligence Centre Act, 2001 (FIC Act). The amendments, which became effective on Monday, were previously published in... Read more
User experience tops entertainment, media report
Amid shifting consumer preferences, rapid advances in technology and ongoing disruption to business models, the new strategic imperative for entertainment and media (E&M) companies is to turn customers into fans – by innovating to create the most compelling, engaging, and intuitive user experiences. Significant shifts are underway in how... Read more
SA signs tripartite free trade area agreement
BRICS ministers talk trade, UN reforms, terrorism
Trade, climate change, reforms of the United Nations and terrorism were high on the agenda when the BRICS Ministers of Foreign Affairs met in Beijing on Monday. Brazil, Russia, India, China and South Africa (BRICS) who make up the grouping for countries that account for about 40% of the... Read more
S&Ps maintains SA’s rating
The South African government has welcomed Standard and Poor’s decision of maintaining South Africa’s long-term local currency debt ratings of ‘BBB-’, an investment grade rating. “The affirmation of the long-term foreign currency rating of ‘BB+’ and the negative outlook on the ratings are also noted. “While government agrees with... Read more
The 2017 Tourism Indaba, which will be held next week, is expected to showcase South Africa’s products and services in the tourism and hospitality sector. Addressing a post Cabinet briefing in Cape Town on Thursday, Communications Minister Ayanda Dlodlo said President Jacob Zuma will deliver the opening address at... Read more