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African Industrialization Index (AII) 2023: South Africa leads the index

The African Industrialization Index (AII) is an AfDB initiative to strengthen data on Africa's industrial development. The AII, which covers 52 of 54 African countries over the 2010-2021 period, reviews each country's industrial development across three dimensions: manufacturing sector performance, direct determinants of manufacturing output (capital and labor), and indirect...

Forecast on South Africa’s economic growth very low

South Africa is currently going through wave after wave of economic instability.  While growth problems before the pandemic were structural and long-standing, the difficulties are growing. However, there are bright spots in this gloomy picture with a positive spurt of local investment in green energy.  Meet two economists, Hugo Pienaar...
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South Africa leads the Digital Quality of Life (DQOL) Index

The Digital Quality of Life Index (DQL), following an assessment of digital connectivity in 117 countries around the world, has ranked South Africa first on the continent, and 66th globally, in the Digital Quality of Life (DQOL) Index. It is followed by Mauritius (68th) and Morocco (71st)....
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South Africa: GDP down by 0.7

South Africa's economy remains "fragile" with GDP falling 0.7% in the second quarter, after two consecutive quarters of growth. "The devastating floods in KwaZulu-Natal (KZN, south-east) and (electricity) load shedding have contributed to this decline, weakening an already fragile national economy that had just returned to a pre-pandemic level," explains...
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South Africa: $14 billion to fund green hydrogen plan

South Africa is seeking to raise $14 billion to fund its green hydrogen plan, the head of the government's climate finance team, Daniel Mminele, announced on May 13.According to him, the rainbow nation is already negotiating an $8.5 billion financing offer with wealthy states as part of the plan....
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South Africa: $107bln collected in taxes in 2021/22 fiscal year

South Africa collected 1.564 trillion rand ($107 billion) in tax revenue in the financial year ended March 2022, slightly higher than the budget estimate of 1.547 trillion rand, the revenue service said. The South African Revenue Service (SARS) said revenue collections have been buoyed by a strong economic recovery that...
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South Africa: Economy hit 1.2% growth in Q4 of 2021

South Africa’s economy expanded in the final quarter of last year driven by a recovery in agriculture and manufacturing, data shows a boost for President Cyril Ramaphosa who is battling to ignite growth. Statistics indicate that gross domestic product (GDP) grew by 1.2% quarter on quarter in the last three...

The Khangelani Sibiya method: music to teach math

Maths and physics teacher Khangelani Sibiya has been nominated for the Global Education Awards in Dubai for excellence in teaching. His method : using music to help children remember mathematical rules... By DBM Affectionately known as Babes weMaths, 36-year-old Sibiya from Richards Bay in KwaZulu-Natal (South Africa), has always been...
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