Wednesday, 28 January 2015

BOOK REVIEW: Lost And Found In Johannesburg - A Memoir By Mark Gevisser

By its very nature a memoir implies that, by reading it, you will get to know more about the author. Lost and found in Johannesburg is a different kind of memoir to what a reader would expect. This memoir focuses on the history of the city rather than the man, looking at how the two grow up together.

Gevisser opens the book with this story of a once safe haven for him and his friends being forever destroyed by what we later read is an attack. It does however take more than half the book to return to this story. The layout of the memoir is difficult to understand, given the reader is burdened with this initial snippet of impending violence while reading about the apartheid struggle and the varying politics surrounding Gevisser’s life. Much later into the book, Gevisser describes in horrific raw detail the emotional scars left by this attack and how he managed to move past it and try and look at his city in a new way.

Gevisser uses the childhood game “dispatcher” as a lens into a segregated Johannesburg. He used to play the game in the back seat of his father’s Mercedes Benz in the family garage in Hurlingham for hours on end. Using his parents’ street-guide, the Holmden’s Register of Johannesburg, Gevisser would send “imaginary couriers” all through the streets on the map of Johannesburg within the Holmden’s Register, learning the different areas and how to get there. Later Gevisser realised the segregation apartheid brought to most aspects of life in Johannesburg at that time, including this map, where vast expanses of the city were excluded.

The reader is more than halfway through the book when she hears of the first personal and intimate event in Gevisser’s life: the planning of his wedding to his partner of many years. But even this story has no intimate revelations. A swift wedding ceremony is carried out, it seems, to complete immigration paperwork. Gevisser’s description of the wedding focuses mostly on the registrar’s attempt to convince Gevisser to be more enthusiastic. The registrar eventually says:

“Do you think you are a second-class citizen just because you are gay? You have full rights in this new South Africa. You have the right to make a fuss. I think you need to go home and have a very serious chat with your partner.”

This prompted Gevisser and “C” to bring two witnesses and have rings for their service, which they were not going to do initially. Gevisser writes that he was humbled by being “lectured by a young black woman about [his] rights”. Later Gevisser gives an account of how he and his partner would be able to imagine the empty venue they married in filled with images of the loved ones that were not present. It leaves a reader questioning why one would leave such an idea in the imagination. Why not invite the friends and people you love, to create real memories? This is explained in part but with no real conclusion for the reader.

Gevisser’s husband is referred to as “C”, through the book. It’s interesting that the author’s hid his husband’s identity since, a few years prior to the memoir being written, Gevisser, publicly named his husband in newspaper articles and interviews. The stories from the newspapers are excluded from this memoir entirely.

Mark Gevisser

There are also references to Gevisser’s sexual self-discovery, as the reader is told of trips to renowned gay book stores in Hillbrow and his affair with a colleague, but none that leave the reader knowing the author better. Snapshots of these intimate moments leave the reader wanting more.

Gevisser started working for the Mail & Guardian and “sought out assignments that took [him] to… East Rand townships as political violence enveloped them, through to creepy intelligence sources on plots outside Boksburg; from brothels on the outer fringes of Randburg to gay shebeens in Kwa Thema.”

“I spent days at hospitals in Tembisa; evenings at drag shows in Ennerdale,” he says.

This too leaves the reader intrigued as to the details of these events, but they are rewarded only with another reference to a map book Gevisser read in the back of his parent’s Mercedes Benz as a child.

Gevisser has lived a life of privilege within a wholesome Jewish home, as is evident in his deliberation about whether to attend Yale or UCT. When he does choose UCT, it only temporarily impresses him:

“The world I had discovered upon leaving home [for UCT] seemed big enough, for the moment, to satisfy my dispatching desires, and suddenly those vapour trails disintegrating into the blue of distance at the edges of my sky did not seem so compelling.”

In his short time at UCT, Gevisser had unearthed information on Piet Koornhof. Gevisser became part of the Varsity Seven after publishing a report in the student newspaper, Varsity, which resulted in him being charged by the university with breaking the off-the-record rules. More on this story would have been fantastic. Certainly given the importance of the event, not only in a tiny part of history but also as a deciding factor in Gevisser’s attendance at Yale. Interested readers would have to extensively google this important scoop of a budding journalist, as his memoir doesn’t reveal much more than the public already knows.

You are left wondering why Gevisser avoids revealing more personal accounts of his life. Instead he includes the family history, the story of Johannesburg, a look at gay life in Hillbrow, but all of them seem to mask Gevisser’s more personal experiences. It seems a missed opportunity to share more than maps, books and politics.

As a consolation, Gevisser’s talent as a writer is evident throughout. He tells a story very well, even if it isn’t about himself.

Tuesday, 27 January 2015

Women And Youth - The Hope For Africa

The Francophonie summit was one of the latest conferences to draw attention to the importance of women and youth in Africa’s future. Stephen Williams reports from Dakar, Senegal.

At the end of November, in Dakar’s brand new international conference centre, the International Organisation of La Francophonie met for a two-day Heads of State summit followed by a two-day economic forum.

The biannual event was entitled: “Women and Children in the Francophonie: Peacemakers and Key Players for Development”, though some suggested more pressing issues facing the continent should take precedence. When asked by New African about this, Richard Attias, whose company produced the economic forum, commented:

“The heads of state summit primarily focused on the Ebola crisis and trying to push for much more solidarity, much more commitment from governments about how regional cooperation can fight and resist Ebola, and how to diminish the impact of this terrible disease.

“The fact is that, yes it is dangerous, yes it is a very serious issue but we should not stop the whole economic investment process because of Ebola. Ebola is affecting just three nations in a continent of 54 countries.”

A second major issue discussed at the summit was who should succeed former Senegalese president Abdou Diouf as secretary-general of the organisation. There was much debate and lobbying behind the scenes trying to reach consensus on a single candidate to become the next secretary-general. In the end, the assembled heads of state appointed Canada’s Michaëlle Jean, a candidate who has a formidable record as a social activist, journalist, a documentary film-maker, and who served as Canada’s governor general from 2005 to 2010.

Almost inevitably, this decision did not please everyone. President Denis Sassou Nguesso of the Republic of Congo left Dakar hastily to express his displeasure that his favoured candidate Henri Lopes was not nominated, while the Mauritian candidate, Jean-Claude de l’Estrac, responded with a blistering attack on the nomination process itself, saying it was not open or democratic.

Some others were dismayed that although Jean’s family is from Haiti, the new secretary-general was technically from Canada in the Global North, contravening the assumption that the Francophonie’s leader would be from the South.

Nevertheless, Jean was picked and becomes the first woman to head the 77-member organisation, and her dedication to the issues of the developing world is well established.

Her family fled Haiti for Canada after her father was arrested and tortured by the dictator “Papa Doc” Duvalier. She only returned to the island in 1986, just before the ousting of Duvalier’s son “Baby Doc”, in order to conduct research for a documentary film about the women of Haiti.

Jean’s work was recognised by Canada’s National Film Board and she was invited to make a film on the 1987 Haitian elections that was shown on the French-language Canadian Broadcasting Corporation.

Radio Canada subsequently hired her as a journalist, and she also worked for the French television news programme, becoming the first black person reporting on shows such as Actuel, Montréal ce Soir, Virages and hosting Le Journal RDI before launching her own current affairs show, Michaëlle.

Jean also continued her film-making, with husband Jean-Daniel Lafond, making several documentaries including Tropique Nord about the experiences of black people in Quebec.

In 2005, Canada’s then prime minister, Paul Martin, appointed Jean as Canada’s new governor-general, the first black person to serve in this office.

Her focus on women’s affairs, and in particular domestic violence against women, was particularly notable. And her foundation’s support for youth projects also makes her nomination, in this the Francophonie’s year of focusing on Women and Youth, appropriate.

She says that she will attempt to bring a renewed focus on economic development to a body that has often had to address serious conflicts in its member-states. Currently, there is ongoing conflict in the Central African Republic, instability in DRCongo, political uncertainty in Burkina Faso, and a continuing militant threat across the Sahel.

Speaking to the press shortly after being elected, Jean argued that the economic strategy adopted at the summit represented hope and the possibility that the organisation will gain a new relevance.

“You know, countries, peoples and civilisations came together by doing business together,” she said. “I believe that this magnificent project is to do that within La Francophonie, to use this very rich language and make it an extraordinary space to move forward together for the development of the economies of our countries.”

It is in this endeavour that the two groups mentioned in the summit’s theme – women and youth – will be crucial.

Women and children first
For several years, the African Development Bank (AfDB) amongst others has been reiterating the need to stimulate youth employment in Africa. For example, in 2013, working in partnership with the Japan International Cooperation Agency (JICA), the Bank arrived at a joint recommendations for the international community.

The fact is that Africa is the world’s youngest continent and is experiencing an unprecedented youth bulge. According to some estimates, around 65% of Africa’s population is under 35, and if trends continue its under-18 population is set to increase by two-thirds by 2050.

This presents the continent with a huge opportunity, though in order to take it, “full employment should be a policy goal for societies at all levels of development,” as stated by the 2014 UNDP Human Development Report.

The UN Population Fund (UNFPA) similarly emphasises the importance of Africa’s youth but takes a slightly different approach.

To begin with, it stresses the need for a strategy to reduce child mortality through vaccinations, health care, sanitation and safe drinking water as well as to empower girls through secondary education, sexual and reproductive health advice and access to supplies such as contraception.

The UN Population Fund foresees that when a country reduces its high mortality and birth rates, a young working- age population will emerge that can propel economies forward. As Babatunde Osotimehin, the UNFPA’s Executive Director says: “Youth can’t be left out when we plan the future.”

However, when New African asked Osotimehin at the report’s launch if compulsory retirement might be used as a strategy to allow young people to progress faster up career ladders, he replied: “Ooh, that’s really below the belt! You know that I am 65 years old! But no, to be serious, I take a different view. We believe in inclusiveness. If people still have the capacity to contribute to society, they should not be excluded.”

“We need to find opportunities for them to participate,” he continued.

The post Women and youth: The hope for Africa’s future appeared first on New African Magazine.

Make 2015 Incredible

With every new year, comes renewed optimism.

And while I’m not a fan of New Year’s resolutions that you’re just going to toss aside when things get busy, I am a fan of creating new habits.There isn’t any magic involved — you have to do the hard work. But if you’re committed to gradual change, you can change your habits completely over time.If you’re ready for an awesome 2015, here are some ideas to help you get there.

Ideas for an Awesome 2015
If you follow these ideas for the next year, I think you’ll create something truly amazing:


Create habits, not goals or resolutions. Resolutions are like wishful thinking, that fade away inevitably as the year’s newness wears off. Goals are great, but it’s hard to juggle 5-10 new goals when you have a lot of other things always going on. Instead, focus on one new habit at a time, and give it your full attention, until it becomes automatic. Then do another new habit. After a year, you could have 12 new habits, and you’ll be a lot closer to any goals you might have wanted to reach.


Be all in. Most people fail at their resolutions because they write them down, start taking action, and then let themselves quit when things get hard. But what if you committed to doing the habit of meditation in January, or you’d have to give up your favorite food for a year? What if you had to pay $10,000 if you missed two straight days of meditation? Would you stick to the habit then? Of course you would — because you’d be fully committed. Find a way to be all in, and you’ll make your habits stick.


Focus on weekly adaptations. Most people try to focus on something that will take a year to achieve, but you lose motivation, and what if things change during that year? Instead, focus on one week at a time. That’s a doable chunk of time — you can do a week at a time, but you can’t really do a year at a time. And each week, see how you can adapt what you’re doing so that your method gets better and better over time. Review how you did, find the obstacles, and plan around them for the next week.


Find your crew. You can do great things on your own, but you’re much more likely to get them done if you have a group of friends who are holding you accountable, and who you’re holding accountable too. Hold each others’ feet to the fire. Root each other on. Hold regular meetings to make sure everyone is staying on track, and don’t let your crew fall off track.


Fill your year with curiosity and a learning stance. Many people get discouraged if they fall off their goals or habits, but that’s because they have an all-or-nothing mindset. They see failure as evidence that they can’t do it. Far from it: failure is evidence that things need adjusting. It’s a way to learn, so that you can get better. Be curious about what will work for you, about what this new habit will be like (instead of having a preconceived idea), and about what happens when you make adjustments. See all your successes and failures as learning, not a sign that you are good or not good. With this flexible mindset, you’ll be able to weather out any kinds of disruptions, missteps, obstacles or changes.

Sunday, 25 January 2015

Whats The Most Beautiful Thing In South Africa? Vote And Win

Is the most beautiful thing in South Africa a school bag with a social conscience, a politically powered beret or the little satellite decoder that sits atop your TV?

That’s what members of the public will get to decide when voting for the Most Beautiful Object in South Africa, an initiative that’s part of the annual Design Indaba.

The 12 nominees for 2015, chosen by a range of well-known South Africans, will be exhibited at the festival.

Previous winners include a short fantasy video called Steam 1886, which examined the fashion, hats, gadgets and lifestyle that its creators saw as the possible future of 19th-century steam culture, and Gavin Rajah’s gorgeous pebble dress.

The festival kicks off on February 27 and runs until March 1 at the Cape Town International Convention Centre.

The winner will be announced at the end of the festival.

Here are some of the beautiful finalists. Which one gets your vote?

» Cast your vote online at http://admin.designindaba.com/expo/vote-mboisa-2015

» Want to read more about the 12 objects of beauty? Go to designindaba.com

Friday, 23 January 2015

Africa's Most Expensive Football Stars And Their Commercial Worth

The January transfer window has been quiet in many respects as Europe’s biggest clubs have not yet made a splash. Typically, with the window only a few days away from shutting down, financial analysts ought to be examining expenditure amongst Europe’s best clubs but so far, the biggest deal in the window has seen Manchester City spend £28 million to sign Wilfried Bony thus making him Africa’s most expensive footballer. In light of Bony’s emergence as Africa’s new king, Ventures Africa takes a cursory look at Africa’s five most expensive footballers highlighting what happened after their moves as well as their successes with their personal brands.



Didier Drogba
The move: Marseille to Chelsea, £24m (2004)



What happened next: Didier Drogba arrived at Stamford Bridge with a lot of promise after bagging 32 goals in 55 games for Marseille in the seasons before. Growing to become an integral part of Jose Mourinho’s revolutionary team, Drogba repaid Chelsea with a number of important performances and goals over the years. His biggest though, was the last spot-kick in a penalty shootout to help Chelsea win its first ever, and long coveted, UEFA Champions League trophy in 2012. The Ivorian forward cemented his place a legend in Chelsea’s history books as he bagged a total of 157 goals in 341 appearances for the club between 2004 and 2012.

Commercial success: Drogba has, for the last decade, or so been one of the biggest sports and football brands in Africa. Since the move to Chelsea and his role in helping the club win a number of important titles and playing on the big stage, Drogba’s brand has become increasing appealing and doubled with Drogba’s continuing philanthropic initiatives in his native Ivory Coast, most notably the commitment to build a £3 million hospital, corporate partnership with the Didier Dorgba brand has proven strategically rewarding. In 2013 alone, Drogba earned a reported $5 million from sponsorship and was then valued at a staggering $33 million. Drogba’s highest paying deals are understood to have come from associations with Nike, Pepsi and Samsung but the forward has also sought to explore the mass and commercial appeal of his brand as he has launched an underwear line. Drogba remains one of Africa’s most important football figures and despite approaching firmly being in the twilight of his career, his market value of his brand is very much in its prime.

Where is he now: Drogba, now 36, has returning to his old stomping ground, Stamford Bridge to reunite with old boss and mentor, Jose Mourinho. He has so far scored six goals in 23 appearances and has officially retired from national team duty with Ivory Coast.



Yaya Toure
The move: Barcelona to Manchester City, £24m (2010)





What happened next: Yaya Toure’s move to City coincided with the club’s emergence as a true super European club as the midfielder played an immense role in helping the club win a first Premier League title in more than 50 years. After being a little more than a squad player at Barcelona, Yaya Toure has grown to become a key member of the new look Manchester City team scoring vital goals in cup finals and winning a raft of personal awards. He has so far scored 61 goals in 209 games with his personal best record in terms of goals coming last season after he scored 24 goals in 49 games.

Commercial success: Yaya Toure’s growth in stature has come with a corresponding growth in commercial success. The Ivorian has earned personal endorsement deals with German sportsear manufacturer, PUMA and car brand, Nissan. The PUMA deal involves Africa-wide distribution of PUMA gear to many of Africa’s children in a bid to help unearth the next generation of talented footballers as well as adequately aid their progress. Yaya Toure’s deal with Nissan also sees him designated as a global ambassador alongside some global icons like Andres Iniesta. The deal presents Nissan with excellent leveraging opportunities not just in Africa where Yaya Toure is a big figure but also in European football competitions such as the UEFA Champions League where Yaya Toure frequently features in.

Where is he now: Toure is 31 years old and still plays for Manchester City and also serves as skipper of the Elephants of Ivory Coast.



Michael Essien
The move: Lyon to Chelsea, £24.4m (2005)



What happened next: Michael Essien, after playing a role in establishing Lyon as the biggest club in France, joined Jose Mourinho at Cheslea and quickly became one of the world’s most dominant midfield players with stellar displays to help Chelsea win Premier League titles as well as a number of cup competitions. Essien was earmarked as one of the key components of Mourinho’s great title winning team of the mid-2000s and won the prestigious BBC African Footballer of the Year Award in 2006. He was named Chelsea player of the year in 2007 and was named in the 2008 African Cup of Nations Team of the Tournament.

Commercial success: Essien has enjoyed substantial success with his personal brand which remarkably grew in strength following his emergence as one of Africa’s foremost footballers. The midfielder has enjoyed endorsement deals with MTN, Samsung and Pepsi. The Ghanaian midfielder is also reportedly involved with leveraging his personal brand with a fragrance line, a fashion line as well as a personal Vodka brand.

Where is he now: Essien’s best days appear to be wholly behind him as he now plays for Italian club-side AC Milan after enduring an injury ravaged ending to his time at Chelsea.



Emmanuel Adebayor
The move: Arsenal to Manchester City, £25m (2009)



What happened next: Unlike others on this list, Emmanuel Adebayor’s move did not have the desired impact as the Togolese star lasted at Manchester City for only one full season. In his first season, Adebayor made 31 appearnaces scoring 14 goals but only managed 5 goals in 14 appearances the next season before making a January loan move to Real Madrid.

Commercial success: Despite Adebayor’s relative failure at the to flight with Manchester City and Real Madrid, the forward signed a deal with energy drink brand Power Horse in 2010 and has also enjoyed corporate association with sportswear brand, Adidas. The forward has also indicated that he may seek a post-football career in punditry after appearing on the BBC World Cup coverage for the 2010 World Cup.

Where is he now: Adebayor has spent the last few seasons at Premier League side Tottenham but his career appears to have stalled after recent personal problems have seen him excluded from Tottenham’s match-day squads.



Wilfired Bony
The move: Swansea City to Manchster City, £28m (2015)



Bony has only just completed his move to Manchester City 

Thursday, 22 January 2015

Why Africans Work Hard, Not Smart

When I first moved to Africa, I negotiated what I thought was a great salary. I soon found out that I was selling a five-day week (with the option to work on the odd Saturday). However, my employer was buying a seven-day week (with the option to call on every single one of the 24 hours in each day). My company wanted me to work hard, not smart, and hard meant long hours in the office, where a concept called “visible working” played out on a daily basis. It was their way of justifying my salary and showing that they had made a good hiring decision. I soon found out the hard way that it really was the hours you put in that counted, and that weekends – particularly Sundays – gave you a double score or a trip to Human Resources (HR) to explain yourself on Monday.

And thus it was that I found myself in the HR director’s office one rainy Monday morning. In his hands were printed copies of an email exchange between me and a senior colleague requesting me to attend a 2pm meeting at the office on Sunday. The emails happened between 11 and 11.30am on that Sunday. I unwittingly replied to the first email that I had unfortunately made prior arrangements and would catch up with the minutes on Monday. This, I found out, was the wrong response. I was cautioned, my commitment questioned, and I was made to vow that I would always put the company first at all times. It was rule number one in the playbook on how to work hard and not kill yourself trying. The better way to respond to such an email request I later learned was either, “I’ll be there,” or “Sorry, I won’t be there because my wife/child/parents are dying as I write this.”

Two weeks later I stumbled on rule number two and the consequences of not adhering to it. A female colleague misguidedly left the office at 6pm one evening to deal with some domestic issues. At 7pm we (the executive team) were called in to a last-minute (and might I say needless) meeting. At 7.10pm, when the boss realised she was not in the room, he called her mobile number, which wasn’t answered. At 7.20pm she returned his call. By 7.25pm she no longer had a job and by 7.26, I had quietly sent a text to my wife telling her not to wait up for me.

At work, people are measured by their ability to show up at a meeting, how visible they are in the office, and the number of hours they put into a project – never by the quality of those hours. The concept of that new-age expression “work smart, not hard” is very much against the corporate culture in many African organisations. Emails copying as many people as possible are sent early in the morning and late into the night, and responses are expected. Phones are never switched off and rarely muted, and this applies to holidays as well as sick days. I was once told to send some work to a junior assistant and when I pointed out that she was off sick that day, I was told it did not matter; it was her job and she was expected to do it. And she did – from her sick bed, perpetuating the misconception that she was not really ill at all.

Burnout is considered a western concept, for wimps who do not understand that hard work is the key to success. Just as the American dream demands a stroke of good luck to hit the jackpot, so the African dream requires only relentless hard work to ensure success. Stress is a word that the lazy and unambitious use, and like malaria, no one takes it seriously, even though it is a potential killer.

Except for my wife, that is. She took it very seriously and started sending me articles on work-life balance to encourage me to spend more quality time at home. Since my encounter with HR, quality time for me now meant sitting with my phone or laptop (usually both) pretending to hang out with my family. One article she sent me was about how some leading US companies were creating work-life balance policies to force employees to have down time and reduce the stress levels in their environment – simple policies like banning the sending of emails over the weekend. I bravely (in retrospect, stupidly) sent it to a colleague, who immediately responded with “you know Americans are not like us.” He warned me it would be a career-limiting move if I forwarded it to anyone. I pressed delete and told my wife I never received it. Like me, she would have to come to terms with the fact that this job and this company was concerned with taking a pound of flesh. I had seriously undercharged for it and there was nothing I could do. Next time, I would negotiate a contract and financial compensation that was commensurate not just with my experience, but also with the number of hours in the two-year contract I would sign. I had visions of retiring very rich someday if I did not die of a stress-related illness before the contract came to an end



By JJC

*JJC is Nigerian slang. It means Johnny just come and refers to a recent returnee from abroad. Fresh from the US, I am sharing my adventures in Corporate Africa at www.ventures-africa.com. It’s the survival guide I wish had been written for me! Follow me on Twitter @jjcAfrica.

The Rich Will Get Richer And Own More Than Half Of Global Wealth

That’s right, the richest 1% of people in the world will, according to a new report released by Oxfam, own more than what the other 99% of earths inhabitants own. That’s enough to make anyone doubt their own career prospects.

Bill Gates: $76bn – Microsoft (self-made)
Carlos Slim Helu and family: $72bn – Telecom (self-made)
Amancio Ortega: $64bn – Zara (self-made)
Warren Buffett: $58.2 – Berkshire Hathaway (self-made)
Larry Ellison: $48bn – Oracle (self-made)
Charles Koch: $40bn – Diversified (inherited and growing)
David Koch: $40bn – Diversified (inherited and growing)
Sheldon Adelson: $38bn – Casinos (self-made)
Christy Walton & family: $36.7bn – Wal-mart (inherited)
Jim Walton: $34.7bn – Wal-Mart (inherited)
Liliane Bettencourt and family: $34.5bn – L’Oreal (inherited)
Stefan Persson: $34.4bn – H&M (inherited and growing)
Alice Walton: $34.3bn – Wal-Mart (inherited)
S. Robson Walton: $34.2bn – Wal-Mart (inherited)
Bernard Arnault and family: $33.5bn – LVMH (inherited and growing)
Michael Bloomberg: $33bn – Bloomberg LP (self-made)
Larry Page: $32.3bn – Google (self-made)
Jeff Bezos: $32bn – Amazon.com (self-made)
Sergey Brin: $31.8bn – Google (self-made)
Li Ka-shing: $31bn – Diversified (self-made)

What have you done today to make you feel proud?

Africa Targets 2017 For Its Own Air Transport Market

African Ministers of Transport have declared their full support for the African Union Commission’s proposal for the establishment of a single African air transport market by 2017.

This emerged on Wednesday as South Africa’s Transport Minister Dipuo Peters hosted the meeting of the African ministerial working group on the establishment of a single air transport market in Africa.

The working group includes members of the current Bureau of the Conference of the African Ministers of Transport.

Minister Peters said the meeting acknowledged the activities implemented by the African Union Commission (AUC) to make the establishment of a single African air transport market a reality by 2017.

She said air travel was essential to the prosperity of Africa, as it opened up opportunities that did not exist before.

“Fostering the African aviation industry may be one of the driving forces of regional integration on the continent. Better connected African countries and regions, through a viable air transport industry, could be the catalyst that can boost intra-African business, trade, tourism as well as cultural exchanges,” she said.

In the case of South Africa, national carrier South African Airways (SAA) belongs to the largest global alliance in terms of market share – Star Alliance.

The alliance enjoys 27% of the international air traffic market, ahead of Sky Team (19%). Airlines outside these alliances still command the biggest share at 38% of the global market.

However, the performance of the African aviation industry still lags behind the rest of the world. The demand for air transport has increased steadily over the few years, with passenger numbers and freight traffic growing by 45% and 80% respectively.

Minister Peters said this trend is expected to continue in the coming years due to a number of factors such as robust economic growth, demographic boom, increasing urbanisation and the emergence of the middle class.

“Air transportation contributes directly to economic growth through the creation of direct and indirect jobs in the industry. It also contributes positively to other auxiliary sectors such as tourism.

“The expansion in air transport also creates market opportunities for local entrepreneurs by creating regional and global economic centres,” she said.

Unlocking growth potential

In Africa, the industry is being hampered by constraints such as a poor record of safety and security, lack of adequate resources and infrastructure, distance and limited connectivity, lack of regulation and government actions.

Minister Peters said these constraints add to the competition and high operating costs. Addressing these challenges could significantly unlock the industry’s potential for future growth.

“Other constraints to note in the African air transport industry are poor airport infrastructure, lack of physical and human resources, limited connectivity and lack of transit facilities.

“Despite the growing awareness of the role that the aviation industry could play in the development of the continent, the industry is still not a priority of most African governments,” she said.

Minister Peters said African countries are reluctant, despite increased liberalisation of the African aviation industry, with some African governments still hesitant to open their skies amongst each other but yet are open to non-African countries through the Open Skies and Horizontal Agreements.

“African countries must first link with their own African neighbouring countries before they can forge links with other countries. The fear of competition amongst African counties undercuts national airlines’ [abilities] to enhance their commercial viability,” she said.

The Minister said the challenge requires African governments to enhance the regulation of aerospace management, consumer protection and the safety of airlines.

The AUC Commissioner for Infrastructure and Energy, Dr Elham Ibrahim, said: “We are fully supportive of the realisation of Africa’s long-term vision.

“Now is the time to end the marginalisation of Africa in the air transport market. Establishing a single air transport market will create an extra 155 000 job opportunities in the key markets which are South Africa, Equatorial Guinea, Sudan, Guinea, Namibia, Tunisia, Chad, Kenya, Nigeria, Senegal and Angola.

“Five million passengers are denied the chance to travel between these markets because of unnecessary restrictions on establishing air routes.”

The South African government has identified transport as one of its economic pillars and as a major deterrent to the triple scourge of unemployment, inequality and poverty.

- SAnews.gov.za

Monday, 19 January 2015

Make A Fortune From Your Salary

Someone once tweeted that being broke is childish and truth be told, living from hand to mouth actually gets tedious after a while.

How many of us have changed jobs and instead of preserving our pension fund, spent it all on paying off debts and splurging on an overseas holiday? After all, the future seems like a faraway concept that we might never even meet.

Often the assumption is that you’re still young and that there’ll be ample time to catch up with your savings. or rectify your bad financial habits. Most wealth experts actually advise that there’s no better time to start saving than when we receive that very first salary in our 20s.

The road to wealth building also requires a change of mindset, meaning old habits like buying expensive bottles of champagne in clubs before drawing up your monthly budget should fall by the wayside. The following guidelines will start you off on your journey to building wealth.

Save more than you should: The general rule of thumb when it comes to saving is that one should put away at least 10% of their salary. Some of the most successful people save more than that to ensure they will be covered should it ‘rain’ unexpectedly. Some of the wealthiest never feel the need to show off. Instead they save more, find new investment opportunities and have sandwiches for supper instead of splurging on takeaways. Remember to start saving for retirement now and if you can, consult a financial advisor on how to build a few investment/income streams for your retirement.
Root out the little things that eat away at your salary: For example a gym membership that you’re paying for but not using, bank charges for the ten times that you’ve withdrawn money in just two days, your phone bill, right down to that unnecessarily big tip you gave the waiter are just some of the bad financial habits that swallow up our salary without us even realising it. Also, go through your bank statements with a fine toothcomb and you’ll find many things that you’re paying for that you can definitely do without.
Draw up a debt plan and stick to it: Draw up a list of those debts that give you sleepless nights, starting with the one with the highest interest rates right down to the lowest. Pay more than the minimum payment required on the debt at the top of your list. As you pay off one debt, repeat the cycle of paying in extra.
Keep reminders of what you’re saving for everywhere: Often as our debts clear up and more money is available to us, the temptation to buy a new car or splurge on clothes or your social life arises. Don’t fall victim to this! Put up sticky notes or pictures on your desk or on the fridge at home to remind yourself what you’re saving for. One glance at these reminders will help you be at peace with your priorities.
Investments are your best friend: The idea of investing in something that may only materialise in ten to twenty years may seem disheartening at first, but remember that it could set you up for a long time after you’ve retired. Property is a good one and so are equities, especially when you’re still young.
SOURCES: Entrepreneur, Forbes, LearnVest, US News, Investopedia

Saturday, 17 January 2015

$1.5 Million For 2015 AFCON Champs

The winner of the African Cup of Nations will get $1.5 million (about R17m), the losing finalist will make $1 million and every one of the 16 teams participating at the tournament will receive at least $400 000.

Tournament organiser the Confederation of African Football says the total prize money on offer at the continental championship in Equatorial Guinea is $10 million, compared to the more than $350 million Fifa gave out to teams at the World Cup in Brazil.

Germany alone took home $35 million for becoming world champion last year.

At the African Cup, the reward for making the quarterfinals is $600 000, and $750 000 for reaching the semifinals.

This year’s tournament kicks off today in Equatorial Guinea, a late change in host country after Morocco pulled out citing fears over Ebola.