pricewaterhousecoopers
BRAND SOUTH AFRICA TO HOST BUSINESS ROUNDTABLE
LAGOS, NIGERIA – 30 JUNE 2023 | On 4 July 2023 Brand South Africa, in collaboration with the South African Consulate in Lagos, Nigeria,...
Sindisa Dunga Foundation Plays its Part in youth development through a career expo
Brand South Africa through its Play Your Part programme continuously encourages each and every citizen to play their part in improving the lives of...
Growth spurt predicted for South Africa’s hospitality sector
More foreign visitors and rising room rates have boosted South Africa's hotel industry, with
further growth expected over the next five years. But the impact of new visa regulations, which
are intended to protect South Africa, on tourism remains to be seen.
Five African cities of opportunity
The continent's most dynamic and future-focused cities are highlighted in Into Africa - the
Continent's Cities of Opportunity. The top five are Johannesburg, Cairo, Tunis, Algiers and
Casablanca - they "demonstrate the strengths and weaknesses of Africa's urban future".
Low oil price to hit African exploration groups
According to Fit for $50 Oil in Africa, Africa has reported substantial successes in the
exploration for hydrocarbons over the past decade. However, oil and gas explorers will need to
rethink their expenditure in Africa in light of the drop in the global oil price.
Africa plans to splurge on infrastructure
Infrastructure spend in sub-saharan Africa will balloon to $180-billion a year by 2025,
says PricewaterhouseCoopers, which adds that infrastructure is key to economic
growth and reducing poverty. The most ambitious plans are in South Africa and
Nigeria, making up almost 60% of the spend.
Africa’s growth potential – and its ‘Next 10’ biggest cities
Global investors are increasingly taking note of the untapped potential of sub-Saharan Africa, and most major international corporations are already active in its three largest cities. According to a new report, they should also be getting excited about the region's "Next 10" biggest cities.
South Africa’s banks ‘in strong position’
South Africa's banks remain well positioned despite global economic uncertainty, are trading profitably, and boast some of the highest capital levels in the world, well in excess of the minimum Basel 3 rules, according to a survey by professional services company PricewaterhouseCoopers.
SARS in top 40 for ease of paying tax
South Africa's tax collecting institution, the South African Revenue Services, has been recognised as a leader in revenue collection in the world, ranking ahead of developed nations such as Australia and the US.
• Gordhan: making SA work smarter
SA, US tighten trade relationship
South Africa and the US are set to strengthen trade and investment ties following the recent Africa Business Summit in Washington DC.