Dana Sanchez, 4:10 pm
For many Western companies, Africa is a fresh start — an opportunity to build facilities and processes that are environmentally friendly and safe. And don’t forget the tax breaks. Manufacturing in Africa is expensive, training and the quality control are expensive. Most apparel will continue to be made in Asian countries where labor is still relatively cheap and infrastructure, in place. But in China, the world’s apparel manufacturing leader, wages have increased 80% since 2010.
Dana Sanchez, 2:33 pm
South African president Jacob Zuma discourages the use of the “X” word. “I think we love using phrases in South Africa that … cause unnecessary perceptions about us,” he said. “I think we are not (xenophobic).” A planned demonstration against immigrants and foreign-born South Africans turned violent Friday as police tried to control the crowd with rubber bullets, water cannons and stun grenades. Some South Africans say immigrants are taking their jobs, or are dealing in drugs and prostitution. Some migrants had their businesses and homes and robbed and looted in the past week.
Dana Sanchez, 3:28 pm
Those who want to leave the ICC will have to take their case to parliament, which is dominated by the ANC. The ANC has been strongly in favor or leaving, and is expected to fight to withdraw. The opposition will fight back. The issue will come down to politics. The court’s ruling will force the parliament to open up the decision to the public — a critical part of the debate, a constitutional rights stakeholder said. Withdrawing from the ICC would be an abuse of justice and a sign that a government only cares about the accused, another expert said.
Dana Sanchez, 1:02 pm
It’s not just Africa that needs research and researchers for its own use. The world needs African researchers — 1 million of them in the next 10 years — and a leading U.K. university hopes to help bridge the gap. The world needs the unique knowledge and perspective that African researchers can provide to solve shared global challenges, says David Dunne, director of the Cambridge-Africa Programme. “We can’t have a situation where 14% of the world’s population — living on a continent with unique culture, diversity and environment — contributes less than 1% of published research output.”
Dana Sanchez, 11:27 am
Five winning African tech startups are in Silicon Valley competing with others from around the world and hopefully attracting venture capital. A lot of them are self-taught and lack formal training in venture creation and digital entrepreneurship, an event manager said. “They have built companies on binary codes and learned new skills through the mobile internet. If a Silicon Valley technology event is live streamed across the world, there are African entrepreneurs huddled somewhere, watching it and consuming every panel, consuming every fireside chat, taking notes, and then applying those notes to their local context.”
Dana Sanchez, 2:43 pm AFKI Original
South Africa is invariably cited in discussions about jobless rates in Africa, but two thirds of African countries have higher unemployment. Africa is witnessing its best growth performance in decades, yet the world’s youngest continent, demographically speaking, continues to have high unemployment with few signs of recovery in 2017. High unemployment is a key factor shaping young people’s decisions to migrate. The continent’s youth population is expected to double to 830 million by 2050.
Dana Sanchez, 9:52 am
The surprisingly strong bull market in commodity prices in 2016 contributed to increased activity in mining and metals deals in Africa, says Quintin Hobbs, Africa mining and metals transactions leader at Ernst & Young. Organizations ran leaner and more efficient, with stronger balance sheets. The outlook improved so significantly through the course of 2016, that the predicted level of divestments and assets listed at rock-bottom prices at the beginning of 2016 just didn’t materialize, another expert said.
Dana Sanchez, 2:37 pm
Marijuana is illegal in South Africa, but the country is a step closer to legalizing it for medicinal purposes. The South African government plans to soon publish proposed guidelines for production of cannabis, known locally as dagga. “This is a major breakthrough and fantastic news for freedom of choice,” said Narend Singh, MP for the Inkatha Freedom Party. The hemp industry is interested in legalizing the strain of cannabis used for hemp. SA imports $76 million worth of hemp products a year, Singh said. There’s also a case due to be heard in the Constitutional Court calling for full legalization including for recreational use.
Dana Sanchez, 1:10 pm
Many see Muhammadu Sanusi II as a reformer whose exposure and knowledge of Islam can help push much-needed change in the country’s north. Northern Nigeria is plagued by men marrying multiple wives and fathering dozens of children they are unable to care for, Sanusi said. The children end up in the streets where they are easy recruits for terrorists. Sanusi proposes a new law that improves gender equality for women and limits polygamous marriage to men who can affored to raise children. There is nothing wrong with polygamy, he said, but women must have the opportunity to thrive.
Dana Sanchez, 10:26 am
Mugabe has long opposed Western intervention in Zimbabwe and has accused opponents of being sponsored by the U.S. He hopes Trump’s America First platform bodes well for Zimbabwe. Mugabe said he was glad that Democratic candidate Hillary Clinton lost the election. He was afraid she would renew sanctions on Zimbabwe. In his last week in office, Obama renewed the sanctions on Zimbabwe for another year. “Why did he (Obama) have to do it? Why didn’t he leave it to the incoming incumbent to make his own decision?” Mugabe said on state-run TV.