South Africa, officially the Republic of South Africa, is the southernmost sovereign state in Africa.
It is bounded on the south by 2,798 kilometers of coastline of Southern Africa stretching along the South Atlantic and Indian Oceans, on the north by the neighbouring countries of Namibia, Botswana and Zimbabwe, and on the east by Mozambique and Swaziland, and surrounding the kingdom of Lesotho.
South Africa is a multiethnic society encompassing a wide variety of cultures, languages, and religions.
Its pluralistic makeup is reflected in the constitution's recognition of 11 official languages, which is among the highest number of any country in the world.
South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day.
South African Investment Environment and Business Opportunitiessimguybar
Presentation to the US-South African Women's Business Forum Chicago by Pumla Ncapayi, Department of Trade and Industry Deputy Director General for Trade and Investment October 24, 2011
South Africa, officially the Republic of South Africa, is the southernmost sovereign state in Africa.
It is bounded on the south by 2,798 kilometers of coastline of Southern Africa stretching along the South Atlantic and Indian Oceans, on the north by the neighbouring countries of Namibia, Botswana and Zimbabwe, and on the east by Mozambique and Swaziland, and surrounding the kingdom of Lesotho.
South Africa is a multiethnic society encompassing a wide variety of cultures, languages, and religions.
Its pluralistic makeup is reflected in the constitution's recognition of 11 official languages, which is among the highest number of any country in the world.
South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day.
South African Investment Environment and Business Opportunitiessimguybar
Presentation to the US-South African Women's Business Forum Chicago by Pumla Ncapayi, Department of Trade and Industry Deputy Director General for Trade and Investment October 24, 2011
Hurdles of Emerging Economies - South AfricaShreyas Kamath
Presented for the Economics Association Seminar (Intracollegiate) held on 28th November 2015 at Jai Hind College, Churchgate.
In Collaboration with: Akshat Upadhyay, Zarna Shah, Keegan Rebello
We won first place!
ABSTRACT
The economy of South Africa is the second-largest in Africa, behind Nigeria. It is ranked as an upper-middle-income economy by the World Bank.
South Africa’s growth experience provides an example of how contrasting growth trends - long-term decline followed by improved growth - pivot around political change, in this case a transition to democracy. In the decade prior to 1994, South Africa experienced the worst period of economic growth since the end of the Second World War, with growth variable and declining. The proximate causes of slowing growth were trade and financial sanctions in opposition to the Apartheid government, political instability and macroeconomic policy decisions that resulted in higher inflation, increased uncertainty and declining investment.
In the post-apartheid period, political and economic leadership have been essential to improving the country’s growth performance, because of the effect on policy formulation, institutional development, regulatory design, and economic vision.
This research project provides some insight into the challenges faced by the South African Economy such as high levels of unemployment, income inequality, growing public debt, political mismanagement, low levels of education, reliable access to amenities, and crime.
Part 6 of the series on the politica economy of Pakistan which examines the global and domestic environment at the time of General Zia's take over,the economic policies pursued by his team during the 1977-88 decade and how these policies affected the process of economic development of Pakistan
Madam Speaker
In A Tale of Two Cities, Charles Dickens opens with:
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity… we were all going direct to Heaven, we were all going direct the other way...”
So too is the present time. As a country, we stand at a crossroads. We can choose a path of hope; or a path of despair. We can go directly to Heaven, or as Dickens so politely puts it, we can go the other way.
This Pakistan Studies presentation is created by the students of C@SE Islamabad and it gives an overview of the economic issues of the Islamic Republic of Pakistan
Political Economy of a Post-Colonial State; Economic Development of PakistanShahid Hussain Raja
Despite all the ups and downs, Pakistan is now the 26th largest economy in the world in terms of Purchasing Power Parity, (44th largest in terms of nominal GDP). With per capita income of US$ 4550, Pakistan occupies at 140th place on this count in the world, thanks to her burgeoning population of 200 million people. Pakistan is one of the Next Eleven, the eleven countries that, along with the BRICs, have a potential to become one of the world's large economies in the 21st century. By 2050, with an estimated GDP of $3.33 trillion, Pakistan is expected to become world’s 18th largest economy, according to Goldman Sachs. However, this progress is not as impressive as it looks or should have been keeping her potential. Similarly her dismal social indicators, structural anomalies and income disparities leave much to be desired.
This presentation sums up the development experience—what Pakistan did marvellously, what it did marginally and where it failed miserably during her development journey. It ends with an the lessons other developing countries can learn from this development experience of Pakistan.
Hurdles of Emerging Economies - South AfricaShreyas Kamath
Presented for the Economics Association Seminar (Intracollegiate) held on 28th November 2015 at Jai Hind College, Churchgate.
In Collaboration with: Akshat Upadhyay, Zarna Shah, Keegan Rebello
We won first place!
ABSTRACT
The economy of South Africa is the second-largest in Africa, behind Nigeria. It is ranked as an upper-middle-income economy by the World Bank.
South Africa’s growth experience provides an example of how contrasting growth trends - long-term decline followed by improved growth - pivot around political change, in this case a transition to democracy. In the decade prior to 1994, South Africa experienced the worst period of economic growth since the end of the Second World War, with growth variable and declining. The proximate causes of slowing growth were trade and financial sanctions in opposition to the Apartheid government, political instability and macroeconomic policy decisions that resulted in higher inflation, increased uncertainty and declining investment.
In the post-apartheid period, political and economic leadership have been essential to improving the country’s growth performance, because of the effect on policy formulation, institutional development, regulatory design, and economic vision.
This research project provides some insight into the challenges faced by the South African Economy such as high levels of unemployment, income inequality, growing public debt, political mismanagement, low levels of education, reliable access to amenities, and crime.
Part 6 of the series on the politica economy of Pakistan which examines the global and domestic environment at the time of General Zia's take over,the economic policies pursued by his team during the 1977-88 decade and how these policies affected the process of economic development of Pakistan
Madam Speaker
In A Tale of Two Cities, Charles Dickens opens with:
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity… we were all going direct to Heaven, we were all going direct the other way...”
So too is the present time. As a country, we stand at a crossroads. We can choose a path of hope; or a path of despair. We can go directly to Heaven, or as Dickens so politely puts it, we can go the other way.
This Pakistan Studies presentation is created by the students of C@SE Islamabad and it gives an overview of the economic issues of the Islamic Republic of Pakistan
Political Economy of a Post-Colonial State; Economic Development of PakistanShahid Hussain Raja
Despite all the ups and downs, Pakistan is now the 26th largest economy in the world in terms of Purchasing Power Parity, (44th largest in terms of nominal GDP). With per capita income of US$ 4550, Pakistan occupies at 140th place on this count in the world, thanks to her burgeoning population of 200 million people. Pakistan is one of the Next Eleven, the eleven countries that, along with the BRICs, have a potential to become one of the world's large economies in the 21st century. By 2050, with an estimated GDP of $3.33 trillion, Pakistan is expected to become world’s 18th largest economy, according to Goldman Sachs. However, this progress is not as impressive as it looks or should have been keeping her potential. Similarly her dismal social indicators, structural anomalies and income disparities leave much to be desired.
This presentation sums up the development experience—what Pakistan did marvellously, what it did marginally and where it failed miserably during her development journey. It ends with an the lessons other developing countries can learn from this development experience of Pakistan.
The analysis was done by Masters in Business Management candidates referring to the TIC documents and related Investment literature in Tanzania environment.
This study is desired to assess the impact of Foreign Direct Investment (FDI) on the local
communities in Oromia Region of Ethiopia. The type of research employed in this study is descriptive
research that employs survey method.
Mozambique's economy grew 6.5% last year, making it one of the best performers in sub-Saharan Africa and growth is expected to continue to accelerate. This presentation is about opportunities and challenges of doing business in Mozambique.
South Africa – Mandela Magic versus Nation Gone Astray? Future Watch Report, ...Team Finland Future Watch
Open economy and high growth with business diversification versus closed economy and low growth with low business diversification? Doing business in South Africa is relatively easy, especially in the African context. The disparity between rich and poor is high.
‘Türkiye Yatırım Rehberi: İş Yapma Yöntemleri‘ başlıklı rehber hem mevcut yatırımcılara hem de potansiyel yatırımcılara hitap ediyor. Türkiye’de vergi ve iş yapma konusunda temel bilgiler sunan rehber, yatırım kararlarını olumlu yönde etkilemeyi amaçlıyor. 140 sayfalık rapor niteliğindeki rehberde son senelerde Türkiye’deki yatırım ortamının geliştiği çeşitli açılardan ele alınıyor.
Deloitte’un Dış Ekonomik İlişkiler Kurulu (DEİK) işbirliğiyle İngilizce olarak hazırlanan rehberde Türkiye’nin demografik avantajları, e-devlet alanındaki ilerleme, farklı sektörlerde ithalat ve ihracat rakamları ve vergilendirme alanında neler sağladığı da paylaşılıyor.
Pursuing any development or neighborhood plan today involves working with a myriad of actors beyond professional collaborators during planning and design phases. These include direct abutters, surrounding neighbors, elected officials, public agencies, opponents (often), investors, financial institutions, and regulators, all billed as “stakeholders.” Navigating the shoals created by cadres of stakeholders is perhaps the greatest challenge to pursuing sophisticated
ideas about and goals for urban-ism. Consensus around goals that aren’t very ambitious is, unfortunately, common.
However, rather than-wallow in despair about the unpredictable nature of decentralized processes, urban designers must learn to be more effective collaborators,willing participants in true interdisciplinary endeavors, and advocates for ideas not always their own, ideas that have the potential to rally others around higher expectations, not expedient solutions.
Tanzania Postal Bank - Western Union Presentation Diaspora III London11
Tanzania Investment Centre - Diaspora III London 2011
1. Investment Opportunities for the Diaspora Tanzania Diaspora 3 Conference London, UK 6-7 May, 2011 Presentation by: Patricia Mhondo, Manager Foreign Investment Promotion Tanzania Investment Centre, Tel: +255 22 2116328-32, mhondo @tic.co.tz United Republic of Tanzania Tanzania Investment Centre
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3. One Stop Shop BUSINESS LICENSES TAX REGISTRATION IMMIGRATION COMPANY REGISTRATION LABOUR LAND ISSUES INFORMATION DESK AFTERCARE SERVICES
4. According to African Development Bank and World Bank Reports, 30 Million Africans across the globe have directly invested 40 Billion USD . Officially recorded remittance flows to developing countries are estimated to increase by 6 percent to $325 billion in 2010. African Diasporas Investment
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6. Africa is perceived as a continent of war, corruption, diseases, political turmoil etc and that most foreign investors wouldn’t like to be associated with such a continent. The few investors that have already invested in the continent know that the rate of return on investment is higher in African than in any other developing region. An analysis by The Economist finds that over the ten years to 2010, six of the world’s ten fastest-growing economies were in sub-Saharan Africa . Over the next five years Africa is likely to take the lead. Africa is the Best Region to invest…
11. Labour Force: 20.38 million (2009 est.) T A N Z A N I A’S E C O N O M Y Population: 41.8 Million (2010 est.) Inflation 6.4% (Jan 2011) GDP Growth Rate < 5.4% (2009 Est.) GDP Per Capita $ 517 (2009 Est.) GDP $ 22.4 Billion (2009 Est.) Tanzania contains a total area of 945,087 sq km The economy depends heavily on agriculture , which accounts for more than 40% of GDP, provides 85% of exports, and employs 80% of the work force . Labour Force: 20.38 Million (2009 est.) Annual Budget (2010/11) : TShs 4.7 Trillion Av. Monthly tax collection (2010/11): TShs 390 Billion Bank Reserves (2010/11) : Tshs 3,551.3Billion Source: NBS/BOT
14. EAST AFRICA About 130M People AGOA (USA) Africa Growth and Opportunity Act Over 6,000 items China Over 4,000 Items Negotiated EPAs-EBA, Everything But Arms SADC 300m People Japan, Canada etc Market Access Tanzania enjoys Preferential Mar ket Acc ess with;
15. TREND OF PROJECTS REGISTERED WITH TIC FROM 2000 TO 2010 Number of Projects Projection The decline from 2008 – 2010 is due to Financial Crisis. But as predicted The U-Scenario shows the pick of investments from 2010-2011 on wards Source: TIC data
16. Structure of ownership of projects registered by TIC 2000- 2010 Source: TIC Database Foreign =1,241, Joint Venture = 1,323 and Local = 2,391 Domestic Investors Foreign Investors Joint Investors
19. Investment in Tanzania is guaranteed by constitution and is guaranteed against Nationalization and Expropriation. Tanzania is a member of both the International Centre for Settlement of Investment Dispute (ICSID) and Multilateral Investment Guarantee Agency (MIGA). We have in place Investment Guarantees and Settlements of Disputes
20. Tanzania has Stable and Predictable Fiscal Investment Regime - providing a Soft Landing to all investors. It recognizes that investors need to recover their Investment Costs first before paying corporation tax. All capital goods and raw materials are not taxed . Investors in Tourism sector in Tanzania are for example allowed to import all establishment equipment as deemed capital goods It has put in place an attractive Investment Fiscal Regime Provision of Capital allowance and carrying forward of losses.
21. All capital goods and other projects establishment items under various Sectors are exempted from IMPORT DUTY AND VAT , Such Sectors include : Agriculture and Livestock – farm implements inputs etc are tax zero rated Real Estate and Commercial Buildings – all building materials certified by quantity surveyor and necessary structures are tax zero rated as deemed capital goods. Tourism and Tour Operation – building materials, motor vehicles for tour operators are tax zero rated as deemed capital goods Finance and Commercial Banks – building materials and banking equipments are tax zero rated as deemed capital good Telecommunication, Health, Education and other Services – establishment equipments are also tax zero rated as deemed capital goods Energy Sector – establishment equipment are exempted from import duty and VAT Mining Sector - has tax exemption from exploration stage to production stage It has put in place an attractive Tax Investment Incentives
22. Free repatriation of funds In addition to the incentives that the government provides for investors in Tanzania, the Government is continuing to work on reducing the cost of doing business in Tanzania Transfer of funds is allowed through any authorized bank in freely convertible currency of net profits, repayment of foreign loans, royalties, fees charges in respect of foreign technology, remittance of proceeds and payment of emoluments, etc
25. The Government is in the process of identifying suitable land for investment purposes in the whole country. The following is information on some of the Surveyed Land that has been identified: LAND BANK Source: TAMISEMI/TIC Ownership Surveyed Land (Ha) Non-surveyed Land (Ha) 1 Public Institutions 162,748 1,000 2 Central Government 160,954 2,433 3 Local Authority 89,867 363,238 4 Village Land 111,408 669,620 5 Private Land 103,013 1,226.48 TOTAL 627,990 1,037,517.48
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29. Come & Grow with your COUNTRY It is possible, it can be done…..You need a good plan, focus and perseverance. Many ….have done it!!
30. Thank You For Your Kind Attention www.tic.co.tz