Governments around the world are addressing the problem, so why isn’t South Africa?
A sharp drop in jobs in the construction and manufacturing sectors caused a decrease in employment figures according to the Adcorp Employment Index.
The World Economic Forum is fascinating in many respects, and the same goes for the WEF on Africa, which met recently in Cape Town.
State capacity and coherent economic policy have emerged as two of the key issues if South Africa’s global competitiveness is to improve.
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/ 7 February 2011
Davos is not a revival meeting for the socially or ecologically aware, but many are starting to realise it’s directly linked to their bottom line.
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/ 30 January 2011
Anti-capitalist protesters threw bottles at riot police on Saturday and officers responded with water cannon as a small demonstration.
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/ 29 January 2011
World leaders appealed on Friday for all nations to make concessions and reach a deal on long-running trade talks by the end of this year.
Buoyed by optimism, about 2 500 leaders, politicians and activists will tackle an array of issues at the World Economic Forum in Davos.
More than 30 heads of state and over 1 400 business leaders will flock to Davos this week for the World Economic Forum.
Aids activists attending WEF talks in Tanzania arrived in SA on Thursday afternoon after being detained and escorted to the airport by authorities.
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/ 27 January 2010
Bankers and political leaders took their battle over post-crisis regulation to the World Economic Forum, which started in Davos on Wednesday.
Among ringing cowbells, delegates at the start of the 2009 World Economic Forum on Africa took their seats and turned on their Blackberries.
In some countries the media were applauded as patriotic for not reporting on crime, President Jacob Zuma said on Friday.
If Africa is capable of delivering the 2010 World Cup, it is also capable of building schools and clinics, Absa CEO Maria Ramos said on Friday.
Trevor Manuel, head of South Africa’s government planning commission, described businesses as cowards on Thursday for giving in to unions.
African governments should be planning for the recovery that would follow the current global economic slump, President Jacob Zuma said on Wednesday.
Economic reforms that helped drive Africa’s fastest growth for decades appear to be stalling in the face of the global crisis, a report shows.
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/ 2 February 2009
Protectionism and the retreat of investments as a result of the world economic crisis are a threat to Africa, Finance Minister Trevor Manuel has said.
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/ 31 January 2009
Trade ministers from two dozen countries met in the Swiss ski resort of Davos on Saturday amid fears that protectionism is increasing.
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/ 29 January 2009
Benjamin Netanyahu accused Hamas on Thursday of pursuing its ”terror efforts” despite a ceasefire in the Gaza war.
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/ 13 January 2009
The World Economic Forum (WEF) took a grim view of prospects for the world economy this year in a report released on Tuesday.
Heads of 100 of the world’s biggest companies will on Friday call on political leaders to agree huge cuts in greenhouse gases.
There is a strong level of understanding among African leaders on the need for stable democratic systems, President Thabo Mbeki said on Friday.
The slow pace of regional integration and poor infrastructure are hampering trade between countries in Africa, delegates at a World Economic Forum (WEF) meeting said on Friday.
Poor African farmers can boost export revenues from agriculture by billions of dollars if they use intellectual property as part of their business plans, a report released at the World Economic Forum said on Thursday.
The rising cost of food is a time bomb that could result in uprisings, African National Congress president Jacob Zuma told the World Economic Forum on Africa on Thursday.
African leaders revelled in their continent’s economic growth at the World Economic Forum on Africa on Wednesday.
Threats of retaliation against South Africans in other countries for the recent spate of xenophobic attacks have been overplayed, the Deputy Foreign Affairs Minister, Aziz Pahad, said on Monday. Speaking ahead of the state visit by Nigeria’s President Umaru Yar’Adua, he said the attacks on foreigners would be on the agenda.
The United States agreed on Friday to help Saudi Arabia protect its oil industry from terrorist attack, while offering to back conservative Arab countries resisting Iranian influence spreading across the Middle East — but King Abdullah was not persuaded to boost Saudi oil production to ease the effect of the -a-barrel price on the US.
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/ 19 February 2008
Billionaire philanthropist George Soros made his fortune on the markets and is giving a lot of it to Africa. Last week he hosted an Africa Forum in Dakar on whether the continent is moving closer to his open society ideal. Ferial Haffajee asked him about the global economy, African governance and the role of China in Africa.
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/ 7 February 2008
President Thabo Mbeki will strive to show he is still in charge of the country on Friday when he makes his first State of the Nation address since being ousted as leader of the ruling party in December. Jacob Zuma, front-runner to succeed Mbeki as head of state, has already begun to eclipse his rival through control of the party.
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/ 30 January 2008
Frequent power failures in South Africa won’t affect the 2010 Soccer World Cup, the man who is expected to be the country’s next president said on Tuesday. African National Congress leader Jacob Zuma met Fifa president Sepp Blatter after attending the World Economic Forum in Davos last week.