International economists predict steady growth in the South African economy over the next year, one sign that the country is increasingly competitive globally – and is attracting substantial interest from Chinese investors.
"South Africa is easy to sell." At a send-off on Thursday for the high-powered Team South Africa set to jet off for the World Economic Forum's annual meeting in Davos, President Jacob Zuma urged them to take every opportunity to promote South Africa to the world.
Profound political, economic, social and technological forces are transforming our world, according to the World Economic Forum. The trick is in how the world responds - a topic the forum will address at its annual Davos gathering in late January. And South Africa will be there.
"It will be an exciting meeting," World Economic Forum founder Klaus Schwab said of the organisation's 2014 Davos gathering, at a news conference on Wednesday. "It will be different from last year's, because it will not be overshadowed by one single crisis." Schwab characterised the context of the 2014 meeting by three things: cautious optimism, diminished expectations, and many known unknowns.
Taking the helm at South African Breweries in 1999, Graham Mackay grew the company's stock value by 1 000% in 14 years. Now SAB Miller is the largest beer producer in China and South America.
South African businessman Sean Roelofsz's Trashcankidz is a 'philanthrocapitalist' approach to helping the country's one million street children receive care and aid. Twenty percent of sales from the disarming dolls, representing street kids across the globe, go to community-based charities across the country.