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Unlocking Africa’s competitiveness

first_img5 May 2011African economies have made important strides in improving their economic environments in recent years, but much remains to be done to sustain recent strong growth, according to the Africa Competitiveness Report 2011.The report, jointly produced by the World Bank, World Economic Forum and African Development Bank, was released at the start of the World Economic Forum on Africa in Cape Town on Wednesday.It argues that African governments must better harness the region’s resources through stronger integration into international trade and finance, improved educational systems, enhanced entrepreneurial opportunities for women, and developing their tourism sectors.“Africa must focus on the policies and strategies that are key for the sustained economic recovery and inclusive growth of the continent, such as higher education for skilled manpower and entrepreneurship development, and financial instruments that will support vibrant private sector development and regional integration and trade,” Mthuli Ncube, chief economist and vice-president of the African Development Bank, said in statement on the release of the report.Four focus areasThe report highlights four areas on which Africa should focus “to ensure strong, sustained and shared growth”, namely: diversifying products and markets; upgrading managerial skills and higher education; expanding women’s entrepreneurship; and reaping the full benefits of tourism.“African countries have much to gain by diversifying exports and by further opening up regional trade,” the World Bank says on its Africa Competitiveness Report web page.Despite improving over recent decades, the report finds, Africa’s share in world trade remains low, being heavily concentrated in natural resources, while intra-African trade is limited.Regional integration could also “help African countries become more competitive and resilient to external shocks”.Not enough university studentsOn managerial skills and higher education, the report states, African higher education enrolment remains extremely low by international standards, while most African students avoid science, engineering technology and business. “The result is a skills mismatch – university graduates remain unemployed, while African countries continue to face shortages of skilled labour.”The report finds the rate of women’s entrepreneurship to be higher in Africa than in any other region, without necessarily signaling economic empowerment. “This is because women are concentrated in the informal, micro, low-growth, and low-profit areas.”The report shows that while women are less likely to be operating larger firms in higher-value-added sectors, those who do so in fact manage firms that perform equally well as those run by men. “What is critical is not to increase entrepreneurship per se, but rather to enable women to move into higher-value-added activities.”Tourism riches unexploitedAnd when it comes to tourism, the report finds that Africa’s rich natural and cultural resources “represent a major unexploited endowment … The region has many advantages on which to build its tourism industry, including price competitiveness, a strong affinity for tourism, and rich natural resources supported by efforts toward environmental sustainability.“However, a number of obstacles remain to developing the sector, notably improving safety and security, upgrading health and hygiene levels, developing infrastructure and access to African sites, and fostering the region’s human capital.”In addition to assessments of competitiveness, trade performance and the ability to attract investment, the report includes an analysis of what is needed to upgrade higher education in Africa, how to best expand women’s economic opportunities on the continent, and the extent to which African countries have created environments attractive to travel and tourism.Klaus Schwab, executive chairman of the World Economic Forum, said the report was “the third comprehensive effort by our three organisations to place the continent in a broader international context and to shed light on the important aspects of development in the region, which are so critical to ensure sustained and shared growth for Africa’s citizens.”SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Brand SA engages with South Africans in Australia

first_img17 March 2014Brand South Africa will be in Melbourne and Sydney this week to engage with South Africans based in Australia on the country’s progress since the advent of democracy 20 years ago.The agency said on the weekend that it would be showcasing both South Africa’s achievements over the past two decades and the work that was being done to address the country’s socio-economic challenges, with particular reference to the National Development Plan (NDP), also known as Vision 2030.“It is also important for South Africans to know that they can be part of South Africa’s growth and development despite where they may now reside,” the agency said in a statement. “They are also invited to join 20 year commemorative events organised by the South African representatives in their countries of residence.”The delegation, led by Minister in the Presidency Collins Chabane and including Brand South Africa chairperson Chichi Maponya and CEO Miller Matola, will interact with South Africans based in Australia, as well as with individuals or organisations that are interested in the country’s offerings.The Global South Africans Roundtable will take place at the Intercontinental Melbourne on Monday evening and at the Intercontinental Sydney on Wednesday evening.The discussion can be followed on @Brand_SA using the hashtag #SA_Aus2014.SAinfo reporterlast_img read more

How to Deploy IPv6 Securely

first_imgTop Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… Related Posts A Web Developer’s New Best Friend is the AI Wai… klint finleycenter_img Tags:#cloud#security The number of available IPv4 addresses is expected to run out in less than a year, as we’ve reported before. The proliferation of mobile devices and sensors, all of which use IP addresses, is depleting the total number available. Organizations need to migrate to the newer IPv6 standard to avoid running out of these critical points in the network.The National Institute of Standards and Technology (NIST) has issued a free 188 page report to help guide managers, network engineers, transition teams and others working on IPv6 deployments. The report explains IPv6, covers IPv6 security issues, explains how to deploy dual IPv4/IPv6 environments and more.NIST developed this guide to assist the Office of Management and Budget with its IPv6 deployment, which required Federal Information Security Management Act (FISMA) compliance. The report is designed for federal agencies, but will become helpful to private sector organizations seeking a comprehensive migration guide.According to an announcement from FIST, some of the security issues organizations may face while deploying IPv6 include “fending off attackers that have more experience than an organization in the early stages of IPv6 deployment and the difficulty of detecting unknown or unauthorized IPv6 assets on existing IPv4 production networks.”To learn more about IPv6, visit IPv6 Act Now.Photo by thesaint 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Dilshan to lead Sri Lanka during England tour

first_imgTillakaratne Dilshan was on Monday appointed as Sri Lanka’s captain for all three formats for next month’s tour of England, following Kumar Sangakkara’s resignation after the World Cup.T Dilshan has been appointed Sri Lanka captain for next month’s England tour. AP”Sri Lanka Cricket (SLC) is proud to announce the appointment of of TM Dilshan as the national captain in all three formats of the game for Sri Lanka’s tour of England in May 2011,” a Sri Lankan Cricket (SLC) statement said.The selectors, however, have not named a vice-captain for the tour because “the prospective candidates are nursing injuries, and their availability for the forthcoming tour is still in question.”Sangakkara had resigned from the post of Sri Lanka captain a few days after his team’s loss to India in the final of the World Cup, their second successive loss in the title clash of the quadrennial extravaganza.A day later, vice-captain Mahela Jayawardene and all the national selectors also resigned from their respective posts.The 34-year-old Dilshan, currently playing in the Indian Premier League (IPL) for Royal Challengers Bangalore, had previously led Sri Lanka in two Twenty2O internationals in 2008 and 2009, and also during a five-match ODI series in Zimbabwe in 2010.The big-hitting opener’s appointment to the top post ended the speculation over whether he, or the 23-year-old all-rounder Angelo Mathews, would be named as Sangakkara’s immediate successor.With exactly 500 runs under his belt, Dilshan was also the highest run-scorer in the 2011 World Cup, surpassing the likes of Sachin Tendulkar, player-of-the-tournament Yuvraj Singh and Sangakkara.advertisementDilshan has till date represented Sri Lanka in 66 Tests and scored 3990 runs at an average of 42.44 with 11 centuries and 16 half fifties to his credit.In 203 ODIs, Dilshan has accumulated 5456 runs at an average of 36.61 with 160 being his highest score. He has also played 32 Twenty20 Internationals for Sri Lanka.- With PTI inputslast_img read more