• The state of South Africa’s economy

    For more on the state of South Africa’s economy, CGTN's Rachelle Akuffo spoke with Raymond Gilpin, Dean of Academic Affairs at the Africa Center for Strategic Studies. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews »» Watch CGTN «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York CityTime Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los AngelesCharter Cable - Channel 562 • Time Warner - Channel 155 Satellite NationwideDISH TV - Channel 279

    published: 02 Sep 2017
  • South Africa 2017 - Africa Economic Outlook

    http://www.weforum.org/ What is the regional economic outlook in 2017? Dimensions to be addressed: - Bouncing back from a weak economic performance in 2016 - Responding to policy uncertainty in the US, Europe and China - Preparing for threat of reversal of capital flows to emerging markets This session was developed in partnership with CNBC Africa. - Abdourahmane Cisse, Minister in Charge of the Budget and State-Owned Entities of Côte d'Ivoire; Young Global Leader - Malusi Gigaba, Minister of Finance of South Africa - Frédéric Lemoine, Chairman of the Executive Board, Wendel, France; Co-Chair of the World Economic Forum on Africa - Wolfgang Schäuble, Federal Minister of Finance of Germany - Ulrich Spiesshofer, President and Chief Executive Officer, ABB, Switzerland; Co-Chair of the Worl...

    published: 04 May 2017
  • What's behind South Africa's economic troubles?

    Finance Minister Nhlanhla Nene was regarded by businessmen and investors as a competent steward of South Africa's economy, the second largest in Africa. His departure - after being fired by President Jazob Zuma - has spooked stock markets, triggering the biggest drop in the value of the rand currency for four years. The shock removal comes a week after the Fitch credit rating agency downgraded South Africa to just one step above junk status. Nene's sacking also follows growing disillusionment and protests against South Africa's ruling party, the African National Congress (ANC). So, how will the ANC cope with the latest blow to the battered economy? Presenter: Jane Dutton. Guests: Mzwanele Manyi, Former cabinet spokesperson for the ANC and President of the Progressive Professional Fo...

    published: 10 Dec 2015
  • South Africa economic outlook for 2017

    Goolam Ballim, Standard Bank’s Chief Economist, discusses the year ahead for the South African economy with Stephen Gunnion. Does the risk of a credit rating downgrade to speculative status still loom heavily? And, should it occur, what will its impact be?

    published: 20 Feb 2017
  • South Africa overtakes Nigeria as Africa’s largest economy

    Fresh IMF figures show that South Africa has reclaimed the top spot as the largest economy on the African continent. For the past two years, Nigeria had claimed the top spot, but a re-calculation using current exchange rates places South Africa back on top. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing

    published: 12 Aug 2016
  • How Powerful Is South Africa?

    Does South Africa Hate Immigrants? http://testu.be/1JXIEJg Subscribe! http://bitly.com/1iLOHml Since apartheid, South Africa flourished economically, but struggles from xenophobia, high income inequality, and rising crime. So how powerful is South Africa? Learn More: South Africa - The Most Unequal Income Distribution in the World http://blog.euromonitor.com/2012/06/south-africa-the-most-unequal-income-distribution-in-the-world.html "Despite the end of the apartheid in 1994, South Africa has the highest income inequality in the world measured by the Gini Index - a level that has remained relatively unchanged between 1990 and 2011. " African Nuclear-Weapon-Free-Zone (ANWFZ) Treaty (Pelindaba Treaty) http://www.nti.org/treaties-and-regimes/african-nuclear-weapon-free-zone-anwfz-treaty-p...

    published: 03 May 2015
  • Exploring the state of South Africa's economy

    JOHANNESBURG, 06 September 2016 - South Africa's economy grew more than 3 percent in the second quarter. eNCA gets some response from Lullu Krugel, chief economist at KPMG and Ian Cruickshanks - economist at the South African Institute of Race Relations.​

    published: 06 Sep 2016
  • Why is SOUTH AFRICA on the Edge of COLLAPSE? - VisualPolitik EN

    South Africa is the biggest tourist center and financial power in the south of the continent. Its stock market is the most important in Africa and it is, also, an important place for the automotive industry. Companies such as BMW and General Motors have factories here. So it all sounds pretty good, right? Well, things today are actually not looking that rosy. Today in VisualPolitik, we'll talk about South Africa! Did you enjoy our video? Click the 'subscribe' button and stay tuned for our new videos every week! Related links: Brawls break out in South African parliament after denunciation of Zuma - https://www.theguardian.com/world/2017/feb/09/brawls-break-out-in-south-african-parliament-after-denunciation-of-zuma Nelson Mandela: a timeline - https://www.brandsouthafrica.com/people-cul...

    published: 20 Mar 2017
  • Few winners in South Africa economy

    ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Nearly 20 years on from the end of white minority rule and a programme of black economic empowerment, South Africa continues to suffer widespread inequality, poverty and unemployment. Andrew England reports on the country's challenges and aspirations For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes

    published: 23 Oct 2013
  • A Brief History of South Africa, with Dave Steward

    Dave Steward recounts the extraordinarily complex history of South Africa. Steward is the former Chief of Staff to South African President FW de Klerk and Executive Director of the FW de Klerk Foundation. Don't miss new Big Think videos! Subscribe by clicking here: http://goo.gl/CPTsV5 Transcript - One of the things that's very important to understand about South Africa is that it is like so many other African countries an artificial entity created by the Brits. The South Africa that we know in its present borders is only 104 years old. And in 1990 when we went through our transition it was only 80 years old. It was the creation of the British Empire. Britain acquired possession of most of the territories of Southern Africa in the nineteenth century in what one historian referred t...

    published: 12 Jun 2014
  • General Motors bails out of India and South Africa - economy

    General Motors has announced further retrenchment. The carmaker said it will stop selling vehicles in India by the end of this year and cancel most of a planned $1 billion (900 million euro) investment to build a new line of low-cost cars there though it will continue some manufacturing there for export. General Motors India announces that it will focus on export manufacturing operations and cease sales in Indian market by end of 2017.— ANI (@ANI_news) May 18, 2017 #GeneralMotorsIndia… READ MORE : http://www.euronews.com/2017/05/18/general-motors-bails-out-of-india-and-south-africa euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHC...

    published: 18 May 2017
  • Which Countries are TAKING OFF in AFRICA? - VisualPolitik EN

    Since the start of the 21st Century, Africa has experienced a significant boost, especially the poorest countries on the continent. With the exception of South Africa, the countries of Sub-Saharan Africa achieved annual growth rates of 6.2%. By comparison, that is twice the growth rate seen in Latin America during the same period of time. Today in VisualPolitik EN we'll be talking about the countries that are taking off in Africa! Did you enjoy our video? Click the 'subscribe' button and stay tuned for our new videos every week! Related articles: Botswana: An African Model for Progress and Prosperity - http://www.huffingtonpost.com/nake-m-kamrany/botswana-economic-growth_b_2069226.html Rwanda economy recovering two decades after genocide - http://www.washingtontimes.com/news/2017/jan/2...

    published: 27 Mar 2017
  • Will South Africa collapse?-RW Johnson

    (Gets going at 1.15) RW Johnson South African journalist and historian gives his opinion on the potential for a SA collapse (and why it would be much worse than Rhodesia) if capital investment ceases forcing a regime change/IMF bailout resulting in a Mugabe style cannibalisation of the economy made worse by urbanisation and tribalism. https://www.youtube.com/watch?v=6d2PL0irNV8 Related-http://www.spectator.co.uk/2015/08/r-w-johnson-40-odd-years-prophesying-the-end-for-south-africa/ http://www.dailymaverick.co.za/article/2015-05-25-rw-johnsons-hard-sell-on-sas-impending-demise/#.Vpf-5sorHIU https://en.wikipedia.org/wiki/R._W._Johnson

    published: 14 Jan 2016
  • DISCUSSION: SA economy downgrades and recession

    Government says that despite the GPD contraction, there are green shoots that South Africa can leverage. It says that commodity prices are stabilising, electricity supply is reliable and labour relations are less volatile. Treasury says the current state of the economy puts more pressure on government and other groups to intensify efforts to improve growth and investor confidence and stop the decline. It says the Minister of Finance, Malusis Gigaba, will be seeking a meeting with business leaders soon to discuss ways of working together. For more news, visit: http://www.sabc.co.za/news

    published: 06 Jun 2017
  • How Corrupt Is South Africa?

    What Are The World's Most 'Miserable Economies'? http://www.seeker.com/what-are-the-worlds-most-miserable-economies-1854742059.html Subscribe! http://bitly.com/1iLOHml While the nation struggles, South Africa's President Jacob Zuma spends millions on luxurious expenses. So just how corrupt is the country? Learn More: New York Times: Jacob Zuma Beats Back Impeachment Drive in South Africa http://www.nytimes.com/2016/04/06/world/africa/jacob-zuma-impeachment-south-africa.html?_r=0 BBC: SA Judge finds Jacob Zuma should face corruption charges http://www.bbc.com/news/world-africa-36169594 News24: Uncertainty rules in SA, says Nomura economist http://www.fin24.com/Economy/uncertainty-rules-in-sa-says-nomura-economist-20160308 The Economist: Fool's gold: Black economic em...

    published: 30 Jun 2016
  • Africa's Economic Giants: South Africa & Nigeria - Part 1

    (www.abndigital.com) Dubbed as Africa's economic giants, Nigeria and South Africa account for one-half of sub-Saharan Africa's GDP, and are potentially two of the biggest drivers of growth for the region as a whole. Their intra-regional and financial links have expanded significantly in recent years, but it is widely recognized that there is still a long road ahead in achieving optimum economic integration.

    published: 22 Nov 2012
  • South Africa economy shrinks

    South Africa's gross domestic product contracted 0.3% in the fourth quarter of 2016, according to Statistics South Africa. Overall GDP grew by 0.3% in 2016. This is lower than growth of 1.3% reported in 2015. The main contributors to negative GDP growth were the mining and quarrying industry and the manufacturing industry. Commodities showed a declining trend. Mining and quarrying decreased by 11.5% due to a drop in the production of coal, gold and other metals including platinum. Manufacturing decreased by 3.1%. This was brought on by a decline in manufacturing of food and beverages, petroleum, chemical products, rubber and plastic products as well as motor vehicles, parts and accessories of transport equipment. The primary and secondary sectors declined by 9% and 1.8%, respectively.

    published: 08 Mar 2017
  • Every South African Needs To Watch This - Scenario Expert Discusses South Africa's Future

    Frans Cronje, CEO of the South African Institute for Race Relations Centre for Risk Analysis gives an overview of the various scenarios that may play out in the South African political and economic arena over the next 10 years. This presentation took place on May 4th 2015 at the CATO Institute in Washington D.C. Frans Cronje is author of the book 'A Time Traveller's Guide to Our Next Ten Years' (http://irr.org.za/reports-and-publications/books/a-time-travellers-guide-to-our-next-ten-years) No copyright infringement intended. I do not own this material. Checkout diagonalviews.com

    published: 12 May 2015
  • The State of South Africa's Economy

    Economist Thabi Leoka and George Sebulela the General Secretary from Black Business Council talking to us about the state of the country’s economy.

    published: 10 Mar 2017
  • South Africa vs Kenya! Battle of the Emerging Markets...

    South Africa became part of the BRICS group back in twenty ten and its clear to see why. From two thousand and two through to two thousand and eight, the country experienced annual growth averaging a tad under five percent per year and at times during that period it had teased the eight percent level giving a glimpse of the possibilities ahead. With vast natural resources such as gold, diamonds and platinum, excellent infrastructure and easy access to finance for business it had all the right ingredients in place for this trend to continue. The global recession hit hard however and, after a sharp contraction in the economy of six percent, it never really found its feet again. An increasingly corrupt government and high crime rates haven’t helped win foreign investment back into the region...

    published: 12 Jan 2017
  • South Africa economy expected to improve slightly in 2017

    South Africa economy is expected to improve slightly in 2017, but it certainly will be another tough year. South Africa remains at risk of losing its credit ratings status, that will make the cost of debt higher, but plans are in place to turn the economy around. Sumitra Nydoo reports that policy implementation and structural reforms need to happen quickly.

    published: 06 Jan 2017
  • South Africa: New finance minister aims to transform economy

    Malusi Gigaba, South Africa's new finance minister, is promising to deliver radical economic reforms. This comes after the president sacked his predecessor in a major cabinet reshuffle. But the upheaval has sent the value of the rand tumbling, and has people worried about their future. Al Jazeera’s Tania Page reports from Johannesburg. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/

    published: 01 Apr 2017
  • Inside Story - South Africa's economic apartheid

    Could growing frustration over the country's economic disparities have major repercussions for the ruling ANC? Shiulie Ghosh, speaks to guests: Anthea Jeffery, Adam Habib & Tony Dykes.

    published: 06 Sep 2012
  • Can South Africa’s weak economic growth be restored?

    South African Finance Minister, Pravin Gordhan will make his first budget speech since being reinstalled to the job in December 2015. Gordhan's speech will among other topics feature dwindling revenue as commodity prices plunge, drought concerns and slowing economic growth.

    published: 24 Feb 2016
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The state of South Africa’s economy

The state of South Africa’s economy

  • Order:
  • Duration: 5:05
  • Updated: 02 Sep 2017
  • views: 447
videos
For more on the state of South Africa’s economy, CGTN's Rachelle Akuffo spoke with Raymond Gilpin, Dean of Academic Affairs at the Africa Center for Strategic Studies. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews »» Watch CGTN «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York CityTime Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los AngelesCharter Cable - Channel 562 • Time Warner - Channel 155 Satellite NationwideDISH TV - Channel 279
https://wn.com/The_State_Of_South_Africa’S_Economy
South Africa 2017 - Africa Economic Outlook

South Africa 2017 - Africa Economic Outlook

  • Order:
  • Duration: 58:43
  • Updated: 04 May 2017
  • views: 4884
videos
http://www.weforum.org/ What is the regional economic outlook in 2017? Dimensions to be addressed: - Bouncing back from a weak economic performance in 2016 - Responding to policy uncertainty in the US, Europe and China - Preparing for threat of reversal of capital flows to emerging markets This session was developed in partnership with CNBC Africa. - Abdourahmane Cisse, Minister in Charge of the Budget and State-Owned Entities of Côte d'Ivoire; Young Global Leader - Malusi Gigaba, Minister of Finance of South Africa - Frédéric Lemoine, Chairman of the Executive Board, Wendel, France; Co-Chair of the World Economic Forum on Africa - Wolfgang Schäuble, Federal Minister of Finance of Germany - Ulrich Spiesshofer, President and Chief Executive Officer, ABB, Switzerland; Co-Chair of the World Economic Forum on Africa Moderated by - Bronwyn Nielsen, Editor-in-Chief and Executive Director, CNBC Africa, South Africa
https://wn.com/South_Africa_2017_Africa_Economic_Outlook
What's behind South Africa's economic troubles?

What's behind South Africa's economic troubles?

  • Order:
  • Duration: 25:09
  • Updated: 10 Dec 2015
  • views: 8797
videos
Finance Minister Nhlanhla Nene was regarded by businessmen and investors as a competent steward of South Africa's economy, the second largest in Africa. His departure - after being fired by President Jazob Zuma - has spooked stock markets, triggering the biggest drop in the value of the rand currency for four years. The shock removal comes a week after the Fitch credit rating agency downgraded South Africa to just one step above junk status. Nene's sacking also follows growing disillusionment and protests against South Africa's ruling party, the African National Congress (ANC). So, how will the ANC cope with the latest blow to the battered economy? Presenter: Jane Dutton. Guests: Mzwanele Manyi, Former cabinet spokesperson for the ANC and President of the Progressive Professional Forum. Nic Borain, Consulting Political Analyst for BNP Paribas Securities in South Africa. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check out our website: http://www.aljazeera.com/
https://wn.com/What's_Behind_South_Africa's_Economic_Troubles
South Africa economic outlook for 2017

South Africa economic outlook for 2017

  • Order:
  • Duration: 3:20
  • Updated: 20 Feb 2017
  • views: 134080
videos
Goolam Ballim, Standard Bank’s Chief Economist, discusses the year ahead for the South African economy with Stephen Gunnion. Does the risk of a credit rating downgrade to speculative status still loom heavily? And, should it occur, what will its impact be?
https://wn.com/South_Africa_Economic_Outlook_For_2017
South Africa overtakes Nigeria as Africa’s largest economy

South Africa overtakes Nigeria as Africa’s largest economy

  • Order:
  • Duration: 3:14
  • Updated: 12 Aug 2016
  • views: 6975
videos
Fresh IMF figures show that South Africa has reclaimed the top spot as the largest economy on the African continent. For the past two years, Nigeria had claimed the top spot, but a re-calculation using current exchange rates places South Africa back on top. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
https://wn.com/South_Africa_Overtakes_Nigeria_As_Africa’S_Largest_Economy
How Powerful Is South Africa?

How Powerful Is South Africa?

  • Order:
  • Duration: 3:28
  • Updated: 03 May 2015
  • views: 297979
videos
Does South Africa Hate Immigrants? http://testu.be/1JXIEJg Subscribe! http://bitly.com/1iLOHml Since apartheid, South Africa flourished economically, but struggles from xenophobia, high income inequality, and rising crime. So how powerful is South Africa? Learn More: South Africa - The Most Unequal Income Distribution in the World http://blog.euromonitor.com/2012/06/south-africa-the-most-unequal-income-distribution-in-the-world.html "Despite the end of the apartheid in 1994, South Africa has the highest income inequality in the world measured by the Gini Index - a level that has remained relatively unchanged between 1990 and 2011. " African Nuclear-Weapon-Free-Zone (ANWFZ) Treaty (Pelindaba Treaty) http://www.nti.org/treaties-and-regimes/african-nuclear-weapon-free-zone-anwfz-treaty-pelindaba-treaty/ "The Treaty obligates Parties not to develop, manufacture, acquire, or possess any nuclear explosive device." The Mining Industry in South Africa http://www.chamberofmines.org.za/mining-industry/comsa-members "The mining industry in South Africa remains an important contributor to our economy and we are fully supportive of maintaining, promoting and enhancing that role." FACTSHEET: South Africa's official crime statistics for 2013/14 http://africacheck.org/factsheets/factsheet-south-africas-official-crime-statistics-for-201314/ "This factsheet provides an overview of key crime trends for the period 1 April 2013 to 31 March 2014 as recorded by the South African Police Service (SAPS)." Watch More: Does South Africa Hate Immigrants? https://www.youtube.com/watch?v=2eEstd6Z_NQ Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Evan Puschak for hosting TestTube! Check Evan out on Twitter: https://twitter.com/TheeNerdwriter/media
https://wn.com/How_Powerful_Is_South_Africa
Exploring the state of South Africa's economy

Exploring the state of South Africa's economy

  • Order:
  • Duration: 6:29
  • Updated: 06 Sep 2016
  • views: 3579
videos
JOHANNESBURG, 06 September 2016 - South Africa's economy grew more than 3 percent in the second quarter. eNCA gets some response from Lullu Krugel, chief economist at KPMG and Ian Cruickshanks - economist at the South African Institute of Race Relations.​
https://wn.com/Exploring_The_State_Of_South_Africa's_Economy
Why is SOUTH AFRICA on the Edge of COLLAPSE? - VisualPolitik EN

Why is SOUTH AFRICA on the Edge of COLLAPSE? - VisualPolitik EN

  • Order:
  • Duration: 10:59
  • Updated: 20 Mar 2017
  • views: 166423
videos
South Africa is the biggest tourist center and financial power in the south of the continent. Its stock market is the most important in Africa and it is, also, an important place for the automotive industry. Companies such as BMW and General Motors have factories here. So it all sounds pretty good, right? Well, things today are actually not looking that rosy. Today in VisualPolitik, we'll talk about South Africa! Did you enjoy our video? Click the 'subscribe' button and stay tuned for our new videos every week! Related links: Brawls break out in South African parliament after denunciation of Zuma - https://www.theguardian.com/world/2017/feb/09/brawls-break-out-in-south-african-parliament-after-denunciation-of-zuma Nelson Mandela: a timeline - https://www.brandsouthafrica.com/people-culture/mandela/timeline A history of Apartheid in South Africa - http://www.sahistory.org.za/article/history-apartheid-south-africa
https://wn.com/Why_Is_South_Africa_On_The_Edge_Of_Collapse_Visualpolitik_En
Few winners in South Africa economy

Few winners in South Africa economy

  • Order:
  • Duration: 5:00
  • Updated: 23 Oct 2013
  • views: 5043
videos
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Nearly 20 years on from the end of white minority rule and a programme of black economic empowerment, South Africa continues to suffer widespread inequality, poverty and unemployment. Andrew England reports on the country's challenges and aspirations For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
https://wn.com/Few_Winners_In_South_Africa_Economy
A Brief History of South Africa, with Dave Steward

A Brief History of South Africa, with Dave Steward

  • Order:
  • Duration: 20:48
  • Updated: 12 Jun 2014
  • views: 85104
videos
Dave Steward recounts the extraordinarily complex history of South Africa. Steward is the former Chief of Staff to South African President FW de Klerk and Executive Director of the FW de Klerk Foundation. Don't miss new Big Think videos! Subscribe by clicking here: http://goo.gl/CPTsV5 Transcript - One of the things that's very important to understand about South Africa is that it is like so many other African countries an artificial entity created by the Brits. The South Africa that we know in its present borders is only 104 years old. And in 1990 when we went through our transition it was only 80 years old. It was the creation of the British Empire. Britain acquired possession of most of the territories of Southern Africa in the nineteenth century in what one historian referred to as a fit of absentmindedness. At the beginning of the century it found itself in possession with a rag bag of territories which were difficult to manage and very expensive. The whole of the nineteenth century had been about the British conquest of Southern Africa. First of the Xhosa people in nine wars of the axe that finally led to in 1856 to a national suicide by the Xhosa people where they decided that they would kill their cattle and destroy their crops on the advice of a prophetess who said that if they did this the British would be driven into the sea. But of course they weren't. And tens of thousands of Xhosa people died. The second major people who were conquered in the nineteenth century by the Brits were the Zulus. The Zulus had been the dominant tribe in Southeastern Africa after the foundation of their nation by their great King Shaka. The British settled what is now the Natal Province of South Africa and they brought in white settlers and Indians to work on sugar farms. But they were very nervous about this powerful Zulu kingdom to the north of them the Tugela River. And so they found a reason to declare war against the Zulus. And to their enormous surprise at the Battle of Isandlwana in 1878 a whole British army was wiped out, 1500 men. This was just a few years after the Little Bighorn but it's five times as big. And the Zulus wiped out a whole British army. Of course the Brits sent more troops and they were -- they defeated the King Cetshwayo by the next year in 1879. The third people that the Brits conquered were the Afrikaners or the Boers who had been settled in South Africa since 1652. They didn't like British rule so in the nineteenth century they trekked into the interior. They founded two republics, the Republic of the Orange Free State and the Republic of The Transvaal. But then the people in the Free State made the big mistake of discovering the biggest diamond load in history at Kimberley. So the Brits annexed that. And then in the 1880s the Transvaal Republic made the huge mistake of discovering the biggest gold bearing body in the world, the famous Johannesburg reef. And the result of this was that the British again sought a pretext for war with these two republics. And that led to the Anglo-Boer War in 1899. Now the Anglo-Boer War was the biggest war that the British fought between the Napoleonic Wars and the First World War. They deployed over 438,000 imperial troops in South Africa. They conquered the two territories and then having taken them over at the beginning of the twentieth century they didn't know what to do with them. So they looked around the empire and said oh well look, in Canada we had this dominion. We had a federation there and that's worked very well. We did it in Australia and in different states. We created a federation there. Why don't we do that in Southern Africa. So they did. But they decided to keep some territories in and some territories out. They included the Zulus and the Xhosas of the new society but they gave control of the new country, the Union of South Africa which was established in 1910 to the whites. Because at that time black people in Africa throughout the world didn't really have political rights. So for most of the twentieth century the big question in South Africa was not the relationship between whites and blacks but the relationship between English speaking whites and Afrikaans speaking whites. And the Afrikaans speaking whites wanted to reestablish their republics. That was the driving force behind the National Party which came to power in 1948. Now they then instituted or they -- not racial segregation. They gave it a new name -- apartheid. And it was straightforward racial domination. But before we become too morally self-righteous, that is what was happening in the rest of Africa, unacceptable indefensible. It was what was happening in the South in the United States at the time. Undefensible, unacceptable ...[transcript truncated]...
https://wn.com/A_Brief_History_Of_South_Africa,_With_Dave_Steward
General Motors bails out of India and South Africa - economy

General Motors bails out of India and South Africa - economy

  • Order:
  • Duration: 0:36
  • Updated: 18 May 2017
  • views: 2258
videos
General Motors has announced further retrenchment. The carmaker said it will stop selling vehicles in India by the end of this year and cancel most of a planned $1 billion (900 million euro) investment to build a new line of low-cost cars there though it will continue some manufacturing there for export. General Motors India announces that it will focus on export manufacturing operations and cease sales in Indian market by end of 2017.— ANI (@ANI_news) May 18, 2017 #GeneralMotorsIndia… READ MORE : http://www.euronews.com/2017/05/18/general-motors-bails-out-of-india-and-south-africa euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe.
https://wn.com/General_Motors_Bails_Out_Of_India_And_South_Africa_Economy
Which Countries are TAKING OFF in AFRICA? - VisualPolitik EN

Which Countries are TAKING OFF in AFRICA? - VisualPolitik EN

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  • Duration: 9:35
  • Updated: 27 Mar 2017
  • views: 404917
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Since the start of the 21st Century, Africa has experienced a significant boost, especially the poorest countries on the continent. With the exception of South Africa, the countries of Sub-Saharan Africa achieved annual growth rates of 6.2%. By comparison, that is twice the growth rate seen in Latin America during the same period of time. Today in VisualPolitik EN we'll be talking about the countries that are taking off in Africa! Did you enjoy our video? Click the 'subscribe' button and stay tuned for our new videos every week! Related articles: Botswana: An African Model for Progress and Prosperity - http://www.huffingtonpost.com/nake-m-kamrany/botswana-economic-growth_b_2069226.html Rwanda economy recovering two decades after genocide - http://www.washingtontimes.com/news/2017/jan/24/rwanda-economy-everyday-life-booming-two-decades-a/ How Nigeria became Africa's biggest economy overnight - https://www.theguardian.com/world/2014/apr/10/nigeria-africa-biggest-economy-nollywood
https://wn.com/Which_Countries_Are_Taking_Off_In_Africa_Visualpolitik_En
Will South Africa collapse?-RW Johnson

Will South Africa collapse?-RW Johnson

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  • Duration: 12:25
  • Updated: 14 Jan 2016
  • views: 52853
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(Gets going at 1.15) RW Johnson South African journalist and historian gives his opinion on the potential for a SA collapse (and why it would be much worse than Rhodesia) if capital investment ceases forcing a regime change/IMF bailout resulting in a Mugabe style cannibalisation of the economy made worse by urbanisation and tribalism. https://www.youtube.com/watch?v=6d2PL0irNV8 Related-http://www.spectator.co.uk/2015/08/r-w-johnson-40-odd-years-prophesying-the-end-for-south-africa/ http://www.dailymaverick.co.za/article/2015-05-25-rw-johnsons-hard-sell-on-sas-impending-demise/#.Vpf-5sorHIU https://en.wikipedia.org/wiki/R._W._Johnson
https://wn.com/Will_South_Africa_Collapse_Rw_Johnson
DISCUSSION: SA economy downgrades and recession

DISCUSSION: SA economy downgrades and recession

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  • Duration: 18:28
  • Updated: 06 Jun 2017
  • views: 1462
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Government says that despite the GPD contraction, there are green shoots that South Africa can leverage. It says that commodity prices are stabilising, electricity supply is reliable and labour relations are less volatile. Treasury says the current state of the economy puts more pressure on government and other groups to intensify efforts to improve growth and investor confidence and stop the decline. It says the Minister of Finance, Malusis Gigaba, will be seeking a meeting with business leaders soon to discuss ways of working together. For more news, visit: http://www.sabc.co.za/news
https://wn.com/Discussion_Sa_Economy_Downgrades_And_Recession
How Corrupt Is South Africa?

How Corrupt Is South Africa?

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  • Duration: 3:54
  • Updated: 30 Jun 2016
  • views: 149469
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What Are The World's Most 'Miserable Economies'? http://www.seeker.com/what-are-the-worlds-most-miserable-economies-1854742059.html Subscribe! http://bitly.com/1iLOHml While the nation struggles, South Africa's President Jacob Zuma spends millions on luxurious expenses. So just how corrupt is the country? Learn More: New York Times: Jacob Zuma Beats Back Impeachment Drive in South Africa http://www.nytimes.com/2016/04/06/world/africa/jacob-zuma-impeachment-south-africa.html?_r=0 BBC: SA Judge finds Jacob Zuma should face corruption charges http://www.bbc.com/news/world-africa-36169594 News24: Uncertainty rules in SA, says Nomura economist http://www.fin24.com/Economy/uncertainty-rules-in-sa-says-nomura-economist-20160308 The Economist: Fool's gold: Black economic empowerment has not worked well. Nor will it end soon http://www.economist.com/news/briefing/21576655-black-economic-empowerment-has-not-worked-well-nor-will-it-end-soon-fools-gold Music Track Courtesy of APM Music: "Effective Thinking" Subscribe to Seeker Daily! http://bit.ly/1GSoQoY _________________________ Seeker Daily is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more Seeker Daily: http://bit.ly/1GSoQoY Seeker Daily now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at Seeker Daily. For more info and to sign-up, click here. http://bit.ly/1UO1PxI Subscribe now! http://bit.ly/1GSoQoY Seeker Daily on Twitter https://twitter.com/seekerdaily Trace Dominguez on Twitter https://twitter.com/TraceDominguez Seeker Daily on Facebook http://bit.ly/1qcsFTk Seeker Daily on Google+ http://bit.ly/1OmDEQa Special thanks to Jules Suzdaltsev for hosting Seeker Daily! Check Jules out on Twitter: https://twitter.com/jules_su
https://wn.com/How_Corrupt_Is_South_Africa
Africa's Economic Giants: South Africa & Nigeria - Part 1

Africa's Economic Giants: South Africa & Nigeria - Part 1

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  • Duration: 12:21
  • Updated: 22 Nov 2012
  • views: 25481
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(www.abndigital.com) Dubbed as Africa's economic giants, Nigeria and South Africa account for one-half of sub-Saharan Africa's GDP, and are potentially two of the biggest drivers of growth for the region as a whole. Their intra-regional and financial links have expanded significantly in recent years, but it is widely recognized that there is still a long road ahead in achieving optimum economic integration.
https://wn.com/Africa's_Economic_Giants_South_Africa_Nigeria_Part_1
South Africa economy shrinks

South Africa economy shrinks

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  • Duration: 4:37
  • Updated: 08 Mar 2017
  • views: 205
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South Africa's gross domestic product contracted 0.3% in the fourth quarter of 2016, according to Statistics South Africa. Overall GDP grew by 0.3% in 2016. This is lower than growth of 1.3% reported in 2015. The main contributors to negative GDP growth were the mining and quarrying industry and the manufacturing industry. Commodities showed a declining trend. Mining and quarrying decreased by 11.5% due to a drop in the production of coal, gold and other metals including platinum. Manufacturing decreased by 3.1%. This was brought on by a decline in manufacturing of food and beverages, petroleum, chemical products, rubber and plastic products as well as motor vehicles, parts and accessories of transport equipment. The primary and secondary sectors declined by 9% and 1.8%, respectively.
https://wn.com/South_Africa_Economy_Shrinks
Every South African Needs To Watch This - Scenario Expert Discusses South Africa's Future

Every South African Needs To Watch This - Scenario Expert Discusses South Africa's Future

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  • Duration: 1:21:12
  • Updated: 12 May 2015
  • views: 137603
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Frans Cronje, CEO of the South African Institute for Race Relations Centre for Risk Analysis gives an overview of the various scenarios that may play out in the South African political and economic arena over the next 10 years. This presentation took place on May 4th 2015 at the CATO Institute in Washington D.C. Frans Cronje is author of the book 'A Time Traveller's Guide to Our Next Ten Years' (http://irr.org.za/reports-and-publications/books/a-time-travellers-guide-to-our-next-ten-years) No copyright infringement intended. I do not own this material. Checkout diagonalviews.com
https://wn.com/Every_South_African_Needs_To_Watch_This_Scenario_Expert_Discusses_South_Africa's_Future
The State of South Africa's Economy

The State of South Africa's Economy

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  • Duration: 12:09
  • Updated: 10 Mar 2017
  • views: 414
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Economist Thabi Leoka and George Sebulela the General Secretary from Black Business Council talking to us about the state of the country’s economy.
https://wn.com/The_State_Of_South_Africa's_Economy
South Africa vs Kenya! Battle of the Emerging Markets...

South Africa vs Kenya! Battle of the Emerging Markets...

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  • Duration: 6:17
  • Updated: 12 Jan 2017
  • views: 19387
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South Africa became part of the BRICS group back in twenty ten and its clear to see why. From two thousand and two through to two thousand and eight, the country experienced annual growth averaging a tad under five percent per year and at times during that period it had teased the eight percent level giving a glimpse of the possibilities ahead. With vast natural resources such as gold, diamonds and platinum, excellent infrastructure and easy access to finance for business it had all the right ingredients in place for this trend to continue. The global recession hit hard however and, after a sharp contraction in the economy of six percent, it never really found its feet again. An increasingly corrupt government and high crime rates haven’t helped win foreign investment back into the region and South Africa’s currency, the rand, has lost fifty percent of its value against the dollar in the last five years. Nearly a third of that loss has been in the past year alone. Just like it famous cured meat called Biltong – that’s got to be tough to swallow. Today the economy is a shadow of its former self. Roughly a quarter of the population is unemployed, commodity prices have slumped and major exports such as iron ore and platinum are tumbling. The country is also in the grip of an energy crisis. State-owned Eskom, the utility company which generates around ninety five percent of the country’s energy is suffering from years of underinvestment. The result is rolling blackouts across the country to manage demand and this has had a major impact in the South Africa’s economic recovery. Mounting debt and a poor economic outlook have led to the major credit ratings agencies suggesting a downgrade of their credit status to junk in their next review. A move which will put the final nail in the coffin of a possible South African recovery and leave their Rugby team as the only thing worth keeping an eye on for the foreseeable future. With South Africa’s emerging market crown now sitting in pieces around President Zuma’s feet, you would think the obvious choice as its successor would be Nigeria. Its large economy has performed well in recent years, but the drop in oil prices has hit the country hard. Currency has weakened, inflation has moved into double digit figures and the country has fallen into recession. Egypt is viewed as part Africa, part Middle East, but it’s in no state to pick up the baton either. Tourism has taken a heavy hit following flight bans to Sharm el-Sheikh after the downing of a Russian passenger jet in 2015. The country has just received a twelve billion dollar bailout from the IMF in return for a range of strict austerity measures to try and get it back on its feet. So step forward Kenya. An economic minnow when it comes to GDP but one that has shown amazing resilience and stability for well over a decade. It’s averaged growth of over five point four percent since two thousand and four and managed to maintain a positive outlook even when the rest of the world was reeling from the two thousand and eight recession. Agriculture, Forestry and Fishing account for roughly one quarter of the country’s economy. Manufacturing and tourism are also strong industry sectors, but there’s no single industry which Kenya is reliant upon to drive its economy. It’s this diversity along with extensive investment in infrastructure over the past few years which has seen Kenya become the economy on the move in the African continent. Unlike its oil producing neighbours South Africa, Egypt and Nigeria who have all been hit hard by the slump prices, Kenya imports almost all of its energy needs and has benefited hugely from shrinking oil prices. That’s allowed it to divert some of its funds into a fledgling renewables sector and with a recent Deloitte report projecting an above six percent growth pattern for the next five years at least, you’d have to uncover some pretty compelling evidence to suggest that Kenya won’t continue its growth surge for many more years after that. What we’ve learnt above all else though from this video series, is that emerging economies are unpredictable. A country that seems like it might become the next economic superpower one minute, can be down on its knees scrabbling for pennies in the dirt the next. The rapidly changing social, political and economic nature of emerging economies are what make them so exciting to investors the world over. But it’s those same rapidly changing processes that can also become their downfall. There’s no doubt that emerging markets provide some of the best opportunities in the world for the savvy investor to trade, but with great opportunity comes great risk. So if you’re thinking of dipping your toe in the waters of the emerging markets without some detailed research and a strong risk management strategy, be very careful out there.
https://wn.com/South_Africa_Vs_Kenya_Battle_Of_The_Emerging_Markets...
South Africa economy expected to improve slightly in 2017

South Africa economy expected to improve slightly in 2017

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  • Duration: 6:31
  • Updated: 06 Jan 2017
  • views: 2646
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South Africa economy is expected to improve slightly in 2017, but it certainly will be another tough year. South Africa remains at risk of losing its credit ratings status, that will make the cost of debt higher, but plans are in place to turn the economy around. Sumitra Nydoo reports that policy implementation and structural reforms need to happen quickly.
https://wn.com/South_Africa_Economy_Expected_To_Improve_Slightly_In_2017
South Africa: New finance minister aims to transform economy

South Africa: New finance minister aims to transform economy

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  • Duration: 2:20
  • Updated: 01 Apr 2017
  • views: 2517
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Malusi Gigaba, South Africa's new finance minister, is promising to deliver radical economic reforms. This comes after the president sacked his predecessor in a major cabinet reshuffle. But the upheaval has sent the value of the rand tumbling, and has people worried about their future. Al Jazeera’s Tania Page reports from Johannesburg. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
https://wn.com/South_Africa_New_Finance_Minister_Aims_To_Transform_Economy
Inside Story - South Africa's economic apartheid

Inside Story - South Africa's economic apartheid

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  • Duration: 24:44
  • Updated: 06 Sep 2012
  • views: 28424
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Could growing frustration over the country's economic disparities have major repercussions for the ruling ANC? Shiulie Ghosh, speaks to guests: Anthea Jeffery, Adam Habib & Tony Dykes.
https://wn.com/Inside_Story_South_Africa's_Economic_Apartheid
Can South Africa’s weak economic growth be restored?

Can South Africa’s weak economic growth be restored?

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  • Duration: 6:40
  • Updated: 24 Feb 2016
  • views: 734
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South African Finance Minister, Pravin Gordhan will make his first budget speech since being reinstalled to the job in December 2015. Gordhan's speech will among other topics feature dwindling revenue as commodity prices plunge, drought concerns and slowing economic growth.
https://wn.com/Can_South_Africa’S_Weak_Economic_Growth_Be_Restored