South Africa: Latest News
Dana Sanchez, 11:34 am
South Africa ranks fourth in world for titanium reserves. This should give the country a competitive edge in the 3D printing market for aerospace. It’s a market expected to be worth tens of billions of dollars as aerospace, auto and military industries seek cheaper way to make parts. Aircraft makers want to replace aluminum bodies with lighter materials such as titanium alloys. South Africa says its 3D printer is 10 times faster than any other laser melting machine available.The new manufacturing process could save millions of dollars on production and fuel costs.
Dana Sanchez, 10:53 am AFKI Original
The annual survey evaluates the top 100 brands in Africa based on consumer responses via mobile text messaging. Results show that non-African brands strengthened their positions in Africa, while African brands’ share among most admired brands dropped from 23 percent to 16 percent. “It is a great concern that the share of African brands is so low and even declining,” said the founder of Brand Africa. “It is a wake-up call for African governments to create enabling environments to support entrepreneurs.”
Peter Pedroncelli, 5:10 am
FIFA president Gianni Infantino has completed his 10-day visit to Africa, returning to Switzerland after spending time in nine African countries. During the visit Infantino attended the three-day summit in Johannesburg, South Africa where national association delegations from three different confederations were able to interact with the FIFA president and his staff, with specific focus on how the needs of African and other associations could best be addressed.
Peter Pedroncelli, 1:35 am AFKI Original
Zimbabwean business mogul Strive Masiyiwa has been incredibly successful in his career as an entrepreneur and investor, with business interests worldwide showing his pedigree as a businessman. The founder and CEO of telecoms company Econet Wirless is Zimbabwe’s richest man, and continues to use his fortune for philanthropic pursuits throughout the African continent, with education among the youth proving to be a particular passion for the British educated Masiyiwa. Here are 12 things you may not know about Zimbabwean businessman Strive Masiyiwa.
Dana Sanchez, 4:02 pm
Africa has potential to boast more billion-dollar startups than anywhere else on Earth, says an Africa-focused investment manager. More than 200 African private equity deals were reported in 2016. Almost a third were in South Africa, but the potential in Nigeria is mind boggling. Internet spending in Nigeria was nearly $2B last year, with only 3% of Nigerians having fixed broadband access. Multiple billions in spending is driven by mobile internet users. Digital content and the subsequent advertising and brand exposure are, for the first time, accessible by the majority of Nigerians on their mobile devices.
clewis, 1:01 am
After hiking the Pafuri Walking Trail in the remote north of the Kruger Park, I’ve decided the park is best explored on foot. Don’t expect to sleep in at Pafuri Walking Trail Camp. Wake-up call is at 5:30 a.m. Despite guides carrying rifles, I feel vulnerable. A cartoon from Gary Larson’s Far Side pops into my head: Two crocodiles are lying next to each other, a pith helmet and a safari suit between them… A lone elephant is feeding nearby. We tiptoe closer. He swings around and gives us a haughty look. We freeze and hold our breath. Even the birds have gone quiet. Then he saunters away, content that he showed us who is boss.
Dana Sanchez, 11:51 am
One of the world’s largest aircraft manufacturers, U.S.-based Boeing ranked No. 2 among defense contractor in the world in 2016. Boeing Defense does business with countries across Africa in security including surveillance drones. “The aerospace industry needs to start paying closer attention to Africa, because this continent is clearly on the move economically and all the trends are pointing in the right direction for the expansion of the sector,” a Boeing stakeholder said. Boeing hopes its two new African offices will be positioned to meet an anticipated demand of 1,150 new aircraft in Africa by 2035.
Peter Pedroncelli, 3:31 am
Allister Coetzee has been confirmed as Springbok coach despite a terrible 2016 season which prompted fans and rugby stakeholders in South Africa alike to call for him to be removed from the post. The Springboks have always been a force in world rugby, but last year saw the team struggle to replicate their usual good form against top sides. Coetzee survived a review to keep his job as coach of the side despite a terrible first season in charge in which the Springboks experienced a number of embarrassing losses while looking out of sorts at times.
Becca Blond, 1:01 am
South Africa has dozens of subterranean treasures. Some of these caves are portals to ancient human life. Visitors can glimpse the inner workings of Earth where the sun don’t shine. Blombos Cave is a coastal archaeological site east of Cape Town famous for 75,000-year-old beads that were found there. They were decorated with abstract designs, making them some of the earliest evidence of human artwork. Excavation of Middle Stone Age sites in Southern Africa resulted in a paradigm shift in understanding the development of modern human behavior.
Dana Sanchez, 9:08 am
The allegation that Nigerians are taking up jobs that could otherwise go to black South Africans is false. Nigerians employ local people in their small businesses. The claim that Nigerians are destroying the moral fabric of the South Africa through drug peddling and prostitution is not entirely true. Yes, some Nigerians may be in the business but their number is negligible. They are however loud and showy, which could trigger envy. Most Nigerians in SA are legitimate — academics, professionals, artisans and other needed service providers. When Nigeria helped SA in its liberation struggles, “we were called brothers. Now, we are expendable strangers.”
- Real Estate