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The Rainbow Nation benefits from an internationally competitive private sector, which accounts for roughly 70% of GDP, and extremely competitive infrastructure; its utility sector, for example, produces just under half of the total power generated on the African continent. South Africa represents by far the most developed market in Africa, but there are still some structural challenges it is grappling with. Government strategies have set a target of increasing labour market participation from 54% in 2010 to 65% by 2030, bringing the number of workers in the formal sector to 25.3m people and lowering unemployment from 25% to 6%. While its fiscal space is narrow, long-term investments in infrastructure, education and health are expected to be key to attaining its growth potential. Recent years have seen both the public and private sectors look to strengthen regulatory frameworks in mining and industry – in some cases, like the automotive sector, with impressive results.
Derived from the renowned multi-volume International Encyclopaedia of Laws, this practical analysis of competition law and its interpretation in South Africa covers every aspect of the subject – the various forms of restrictive agreements and abuse of dominance prohibited by law and the rules on merger control; tests of illegality; filing obligations; administrative investigation and enforcement procedures; civil remedies and criminal penalties; and raising challenges to administrative decisions. Lawyers who handle transnational commercial transactions will appreciate the explanation of fundamental differences in procedure from one legal system to another, as well as the international aspe...
A modern telecommunications network is an essential infrastructure for the world's developing nations. The emergence of new technologies, the entrance of supra-national carriers, and deregulation in the telecommunications sector have resulted in the globalization of telecommunications and the opening of markets on every continent. Collecting the work of 19 expert contributors, this book provides a comprehensive examination of what African countries are doing to build their telecommunications capabilities. Africa has historically lagged behind other regions in developing its telecommunications infrastructure, and the penetration rate for basic service is still relatively low. But as some Afri...
Presents the second annual report of the U.S. International Trade Commission on U.S.-Africa trade flows. Addresses the structure of U.S.-Sub-Saharan Africa trade and investment flows, 1991-1995; finance, trade and development issues affecting U.S.-Sub-Saharan Africa trade and investment opportunities; trade and economic policies affecting U.S.-Sub-Saharan Africa trade and investment in major sectors; trade and economic policies affecting U.S.-Sub-Saharan Africa trade and investment in major sectors; and progress in regional integration in Sub-Saharan Africa. Charts and tables.
The cell phone is the fastest-selling consumer electronic in the world. On a global basis, over 800 million cellular telephones are sold yearly. More camera-equipped cell phones are sold each year than stand alone digital cameras. Rapid development of new technologies is leading to ever more versatile, multipurpose mobile devices, including 3G Internet-enabled cell phones and PDAs. Meanwhile, wireless networking and wireless Internet access are developing and expanding on a global basis at a rapid rate. Booming technologies include such 802.11 standards as Wi-Fi and WiMax, as well as Ultra Wide Band (UWB) and Bluetooth. Telematics, intelligent transportation systems (ITS) and satellite radio...
Consists of reproductions of articles from South African newspapers.
Indeed, since the end of apartheid in 1994 South Africa has become a major diplomatic player both on the African continent as well as further afield. Despite the size of South Africa’s economy, the country currently faces a number of major economic challenges. As of the end of July 2014 the unemployment rate was at 25.5%, according to data from Statistics South Africa, which was among the highest in the world. While the government’s long-term development plans are generally highly regarded, delivery and execution has occasionally been problematic. While there are major hurdles that must be cleared, given the country’s strong institutions and the rapid pace of economic expansion over the past two decades, South Africa should be able to look forward to 20 more years of peace and steady, sustained economic growth.