Emirates (www.Emirates.com) is ending 2025 on a sky-high note with another 5 global accolades won, this time at the 32nd annual World Travel Awards, held in Bahrain. Adding to its impressive portfolio of more than 20 accolades received in 2025, the latest titles celebrate Emirates as a leading airline brand, as well as recognising its multi award-winning inflight entertainment system ice, more honours for Emirates First Class onboard experience and First Class Lounges, and another nod to Emirates Skywards – as the World’s Leading Airline Rewards Programme 2025.
Emirates 5 latest gongs from the World Travel Awards
World’s Leading Airline Brand 2025: Emirates
World’s Leading Airline Inflight Entertainment 2025: Emirates
World’s Leading Airline Rewards Programme 2025: Emirates – Skywards
World’s Leading Airline – First Class 2025: Emirates
World’s Leading Airline Lounge – First Class 2025: Emirates First Class Lounge @ Emirates Terminal 3, Dubai International Airport
Emirates scores big with array of industry awards throughout 2025
In November, Emirates was voted ‘Best Airline in the World’ for the 8th consecutive year, at the esteemed ULTRAs travel awards. Based on votes from Ultratravel’s global network of 1.2 million travellers, Emirates also scooped the ‘Airline with the Best Premium Economy Class’ award, as well as a prestigious ‘Lifetime Achievement Award for Services to Global Aviation’ presented to Sir Tim Clark. Aviation Business Middle East also awarded Emirates ‘Best First Class of the Year’ and the prestigious ‘Airline of the Year’ award.
Emirates also won ‘Best International Airline,’ ‘Best International First Class,’ and ‘Best International Airline Lounge’ from the Forbes Travel Guide Verified Air Travel Awards 2025, as well as ‘Best Long-Haul Airline’ at The Times and The Sunday Times Travel Awards 2025. Sir Tim Clark was also recently recognised by the Wings Club Foundation with the prestigious Distinguished Achievement Award.
In September, Emirates received global recognition at the APEX/IFSA Global EXPO in Long Beach, California, winning 2 notable awards – the 2026 APEX Best™ Global Entertainment Award for its inflight entertainment system – ice, and a 2026 APEX WORLD CLASS™ award for all aspects of the airline’s customer experience and brand.
Earlier in 2025, Emirates was honoured with several awards including ‘Best Long-Haul Airline’ at The Telegraph Travel Awards, ‘2025’s Most Recommended Global Brand’ by YouGov, and multiple categories at the Business Traveller Middle East Awards, such as ‘Best Airline Worldwide’ for the 12th consecutive year, ‘Best First Class’, ‘Best Premium Economy Class’, and ‘Best Airport Lounge in the Middle East.’
Distributed by APO Group on behalf of The Emirates Group.
W Cape records 28 fatalities in first week of festive season
The Western Cape Mobility Department is deeply concerned about the alarming number of road incidents recorded in the first week of the festive season, from 1 to 7 December 2025.
According to the provincial government, a total of 21 fatal crashes were reported across the province during this period, resulting in 28 fatalities on provincial roads.
Pedestrian deaths remain a significant and persistent challenge on Western Cape roads.
Of the 28 fatalities recorded, 12 were pedestrians, making them the single largest group affected this past week.
The other fatalities include 10 passengers, three drivers, two motorcyclists, and one cyclist.
Western Cape Mobility Minister Isaac Sileku said the numbers are extremely troubling, especially considering that the peak travel period has not even begun.
“Every life lost is a tragedy, and every family affected enters the festive season carrying pain instead of joy. Pedestrian safety remains one of our greatest concerns. We urge every road user, whether behind the wheel or walking alongside our roads, to exercise heightened caution.
“The mental and physical fitness of drivers who are undertaking long journeys is also of paramount importance to reducing the number of incidents,” Sileku said.
During the reporting period, Provincial Traffic Services conducted over 200 integrated operations, including roadblocks, vehicle checkpoints, and speed control activities.
Over 33 000 vehicles were stopped and checked, and just over 10 000 fines were issued for a range of traffic violations relating to both driver and vehicle fitness.
In addition, 43 motorists were arrested for driving under the influence of alcohol during this period.
As holiday travel increases, the department warns that drunk driving, speeding, and pedestrian behaviour continue to be major contributors to serious and fatal crashes.
Chief Director of Traffic Management, Maxine Bezuidenhout, stated that their teams are fully deployed across the province; however, enforcement alone cannot prevent crashes.
“We need every motorist, pedestrian, cyclist, and passenger to take responsibility. Simple decisions, like crossing only at safe points, not drinking and driving, and sticking to the speed limit, can save lives. The festive season should be a time of celebration, not mourning,” said Bezuidenhout.
As the province prepares for increased traffic volumes in the coming weeks, the Western Cape Mobility Department calls on all road users to remain vigilant and responsible.
“Let us work together to bring these numbers down. Your loved ones are waiting for you. Let’s make sure every journey ends with a safe arrival,” Sileku added.
Road safety tips for a safer festive season:
• Slow down and obey the posted speed limits; speeding remains a leading cause of fatal crashes.
• Never drink and drive. Plan by arranging a designated driver, e-hailing service, or alternative transport if consuming alcohol.
• Be extra vigilant at night, especially for pedestrians, who are most at risk during dark, early morning, or in low-visibility conditions.
• Cross roads only at safe, designated points and wear visible or reflective clothing when walking near roadways. – SAnews.gov.za
Cabinet welcomes Eskom’s financial and operation recovery
Cabinet has welcomed the continuing improvement in Eskom’s financial and operational performance for the first six months ending September 2025.
This, while highlighting Eskom’s sustained financial and operation recovery, as the power utility recorded a R24.3-billion profit after tax for the six months, ending September 2025, which is a 37% increase compared with the same period last year.
Speaking at a post-Cabinet media briefing in Pretoria on Thursday, Minister in the Presidency Khumbudzo Ntshavheni noted the period saw consistent energy supply, with only four days of load-shedding, while electricity supply reliability stood at 96% in 2024/25, improving to 98% to date.
“Eskom’s solid performance demonstrates the efficacy of Eskom’s recovery plan, initiated under Operation Vulindlela structural reforms programme, the level of competence of Eskom’s management team and its board, and the focused leadership of the Minister of Electricity and Energy,” Ntshavheni said.
Positive economic growth
Cabinet also welcomed signs of sustained economic momentum, as indicated by the 3rd Quarter GDP figures, released by Statistics South Africa.
South Africa’s GDP grew by 0.5% in the period July – September 2025, marking the fourth consecutive quarter of expansion, driven by strong performance in mining, agriculture and services, and contributions from finance, government services, and manufacturing.
The GDP growth in the 3rd Quarter of 2025 was accompanied by a significant increase in employment. According to the Quarterly Labour Force Survey, employment increased by 248 000 jobs, while the number of unemployed people declined by 360 000.
“In addition, the Youth Employment Service (YES) initiative, which provides young people with pathways into the economy, has now reached the 200 000 jobs milestone. To date, YES has placed over 202 558 young South Africans in 12-month, quality work experiences and it is supported by more than 1 900 corporate partners.
“Furthermore, the IMF just lifted South Africa’s growth forecast to 1.3% in 2025 and 1.4% in 2026, up from earlier projections of 1.1% and 1.2%, respectively,” the Minister highlighted.
Key implementation plans to drive economic growth approved
Meanwhile, Cabinet approved the implementation plan to drive growth and inclusion, based on the priorities of the 7th administration’s Medium-Term Development Plan.
The plan aims for a coordinated and focused implementation of prioritised economic development interventions which were designed under multiple initiatives.
The plan consolidates several development initiatives into a streamlined framework built on three core pillars: • Economic reforms to fix and strengthen the fundamentals of the economy; • Public service reforms to build a state that delivers; and • Industrial Policy reforms to pursue new areas of growth.
“The focused and prioritised implementation will give the Plan the same impetus of the Structural Reforms programme under Operation Vulindlela,” Ntshavheni said.
Roadmap approved for Critical Minerals Strategy
Cabinet also approved the implementation plan for South Africa’s Critical Minerals Strategy, which details a roadmap to leverage opportunities in mineral wealth arising from the surge in demand for critical minerals due to their increased applications in digital technology, defence, healthcare, consumer electronics, and electric vehicles, amongst others.
The implementation plan focuses on six pillars, including geoscience mapping and exploration; value addition and localisation, research, development and innovation; infrastructure and energy security; financial instruments; and regulatory harmonisation.
The Minister noted that the implementation of the Critical Minerals Strategy will significantly contribute to economic growth and job creation. – SAnews.gov.za
Cabinet thanks all South Africans for successful G20 Presidency
Cabinet has joined President Cyril Ramaphosa in extending its appreciation to all South Africans for their role in ensuring the successful G20 Presidency which culminated in the recently hosted G20 Leaders’ Summit.
President Cyril Ramaphosa hailed South Africa’s historic G20 Presidency as a resounding success both as a diplomatic achievement and a celebration of national unity.
He expressed deep gratitude to all those who contributed to making South Africa’s G20 Summit a success.
“During our G20 Presidency, South Africa firmly placed Africa’s development agenda in the purview of G20 leaders and mobilised consensus on meaningful actions to address the challenges constraining South Africa, Africa and the global South’s development,” said Minister in the Presidency Khumbudzo Ntshavheni.
Briefing the media on the outcomes of Cabinet, Ntshavheni said Cabinet noted the recent position of the United States regarding South Africa’s participation in the upcoming G20 Sherpa meeting and the expressed intentions to exclude South Africa, a G20 founding member, from participating in the 2026 G20 meetings.
“While this development is regrettable, as a founding member, South Africa’s commitment to the G20’s principles and collaborative framework remain unwavering,” Ntshavheni said.
The Minister said the 2025 G20 Summit demonstrated the power of multilateralism and cooperation, and that Cabinet remains confident that multilateralism and cooperation are the path to shared prosperity for all people of the world.
Meanwhile, Cabinet has welcomed the successful hosting of the India-Brazil-South Africa (IBSA) Leaders’ meeting on the margins of the G20 Leaders’ Summit.
“At IBSA, South Africa called for a revitalisation of South-South cooperation to drive inclusive growth, advance sustainable development and accelerate the reform of global governance institutions.
“IBSA nations are well positioned to champion the priorities of the global South, including scaling up climate finance, enhancing food and health security, supporting foundational learning and mobilising investment for disaster risk reduction,” Ntshavheni said.
The Minister briefed the media in Pretoria on Wednesday, following Cabinet’s ordinary meeting on 5 December. – SAnews.gov.za
Cabinet approves programme of action to address GBVF
Cabinet has approved a comprehensive Programme of Action to address GBVF, including a service delivery framework and institutional arrangements to drive a whole of society approach in addressing this scourge.
At a post Cabinet media briefing in Pretoria, on Thursday, Minister in the Presidency Khumbudzo Ntshavheni said the comprehensive Programme of Action focuses on the implementation of five priorities.
These are: • Prevention and rebuilding social cohesion: Focusing on eliminating the social acceptance of violence and addressing structural drivers. Greater effort will be made to engage men and boys in prevention dialogues to dismantle harmful norms and toxic masculinity. • Enhanced law enforcement protection, safety, and justice: Aimed at strengthening the criminal justice system to ensure protection and justice for survivors. Expanded victim-friendly facilities and specialised GBV desks at SAPS stations are part of this effort. • Victim and survivor centred support: Seeks to provide equitable access to high-quality services across justice, health, and education sectors. Emphasis is in integrated support systems that prioritise dignity, healing, and empowerment, ensuring survivors receive comprehensive care without discrimination or delay. • Communication and stakeholder Engagement and Mobilisation: Focuses on transforming social norms at all levels through consistent, evidence-based messaging. It aims to challenge harmful attitudes, promote gender equality, and mobilise communities to actively participate in ending GBVF. • Institutional arrangements: Ensures strong governance and accountability mechanisms across all spheres of society. Calls for firm, coordinated leadership and clear institutional roles to drive implementation, monitor progress, and enforce accountability.
“Victims of violence are encouraged to use the 24-hour Gender-Based Violence Command Centre hotline: 0800 428 428 to report abuse and access support services,” the Minister said on Wednesday.
Meanwhile, Women, Youth and Persons with Disabilities Minister Sindisiwe Chikunga said recently that bold leadership and stronger partnerships across various levels of government, civil society, and the private sector, are indispensable as the country intensifies its response to GBVF.
Chikunga emphasised that the fight against GBVF must extend beyond the annual 16 Days of Activism campaign, urging a year-round, 365-day commitment to prevent violence, protect vulnerable groups, and build a society grounded in equality, dignity, and safety. –SAnews.gov.za
Cabinet has welcomed the decrease in serious and violent crimes as reported in the Crime Statistics for Quarter 1 and 2 of the 2025 financial year.
“The crime statistics, covering the period from April to September 2025, show significant reductions in serious and violent crime, with murder rates dropping substantially. Murders decreased by 6.5% in the first quarter and by 11.5% in the second quarter,” Minister in the Presidency Khumbudzo Ntshavheni said.
Addressing a post Cabinet media briefing in Pretoria on Wednesday, the Minister said Cabinet commended law enforcement agencies for the continuing hard work against crime while also calling upon society to join the fight against crime.
At the release of the stats at the end of November, the South African Police Service (SAPS) said that categories that saw reductions include murder, assault, common robbery with aggravating circumstances, contact crime, rape and sexual assault.
This also includes carjacking, robbery at residential premises, robbery at non-residential premises and cash-in-transit heists. – SAnews.gov.za
Partnership seeks to improve DCT Pier 2 operational efficiency
Transnet SOC Ltd and the world’s largest independent terminal operator, International Container Terminal Services Inc (ICTSI) have officially signed a 25-year partnership agreement to manage the upgrade and development of the Durban Container Terminal (DCT) Pier 2.
In a statement on Wednesday, Transnet said the landmark agreement marks a pivotal moment in government’s economic reforms agenda and Transnet’s strategy to crowd in the private sector into selective and strategically identified areas of the business.
It is expected to enhance terminal productivity and increase throughput, ultimately improving the organisation’s operational efficiency and container supply chains.
Through the introduction of new equipment and advanced technology, DCT Pier 2 is expected to increase its capacity from 2 million to 2.8 million twenty-foot equivalent units (TEUs) and improve Gross Crane Moves per Hour (GCH) from 18 to 28 as well as Ship Working Hour (SWH) from 60 to 120.
These improvements are envisaged to reduce logistics costs and improve service quality, thus broadening market access and attracting new volumes.
“Through our deliberate and expansive investment in new equipment across our terminals, the performance of DCT Pier 2 has been on an upwards trajectory. We expect that our partnership with ICTSI will further propel this crucial terminal to its full potential,” Transnet Group Chief Executive Michelle Phillips said.
In terms of the agreement, Transnet holds a majority shareholding in a new special purpose vehicle, Newco, while ICTSI will be responsible for operation of the terminal.
ICTSI has an excellent track record across the globe in improving the performance, service and efficiency of ports.
The joint partnership between Transnet Port Terminals (TPT) and ICTSI will take effect on 1 January 2026.
In July 2023, Transnet selected ICTSI as the preferred bidder for the transaction following a rigorous and transparent procurement process.
“Private sector participation (PSP) transactions are an important element of our strategy to modernise, expand and improve our key assets. It is also a big step in our efforts to improve efficiencies across our terminals and transform our ports into world-class hubs.
“This is consistent with our approach to enhance efficiency and growth through strategic partnerships. Private sector participation in ports has the potential to positively influence efficiencies, export processes and global competitiveness,” Phillips said.
ICTSI’s Senior Vice President Hans-Ole Madsen said the partnership marks a shared commitment to revitalising South Africa’s maritime infrastructure and unlocking new opportunities for growth for South Africa and the entire region.
“Pier 2 is a strategic asset for South Africa, critical to trade, jobs, and economic growth. ICTSI is proud to invest in Durban’s future, bringing global expertise and technology to ensure DCT Pier 2 becomes a world-class terminal that benefits the entire region. We look forward to getting started, working closely with Transnet to execute our shared vision,” Madsen said. – SAnews.gov.za
Source: The Conversation – Africa – By Anne Fitchett, Retired Honorary Associate Professor in the School of Civil and Environmental Engineering, University of the Witwatersrand
Every year, millions of tonnes of food end up in South Africa’s landfills. This is a wasted resource that deepens environmental damage, worsens food insecurity and costs the economy billions. But there are opportunities to turn what we throw away into value for people, the planet and local economies.
A new study investigates the true cost of current waste practices and the potential of alternative approaches. We spoke with one of the researchers, Anne Fitchett, about organic waste management and how the country can move towards a more sustainable, circular approach.
What are the challenges facing waste management, particularly food waste?
Globally, waste management is a serious challenge as waste increases and systems of production and consumption become more complicated. In South Africa, the most common approach to the disposal of waste is simply to dump it on landfill sites. This currently amounts to a staggering ten million metric tons annually. The country is rapidly running out of space for landfill. Adding to the problem are inadequate planning, weak implementation of recycling policy (such as separation at source), and high transport costs that encourage illegal dumping.
In particular, food waste carries additional ethical and environmental concerns. Hunger and food insecurity is widespread in South Africa, affecting an estimated 15 million people. Organic waste, which includes garden waste, farming waste and food waste, is a major contributor of greenhouse gas emissions through decomposition. Food waste on a landfill also creates odours and pest infestations. Vulnerable people are affected most: waste pickers and low-income households who have no choice but to live near waste dump sites.
What interested us was the opportunities that food waste offers. Instead of being a costly problem, from the viewpoint of economic, social and ecological effects, how can this waste be managed differently, to provide benefits instead?
How is it currently done in South Africa and how did you work out the cost?
In South Africa, organic waste forms the largest single fraction of general waste going to landfill, making up around 27% of all disposed waste. Food waste contributes about one-third of this category.
We explored different ways of calculating the costs of managing food waste, so that we could compare landfill dumping with other approaches. We decided on a social cost-benefit analysis, as this includes economic, social and environmental costs into a single calculation. This makes it much easier for policy makers and municipalities to make informed choices.
We determined the direct costs from municipal and national data sets. The social and environmental costs had to be monetised to integrate into the calculation. To do this, we used what are called hedonic pricing models. This is the price people are willing to pay to avoid a negative environmental impact, which we derived from the local and international research. We also used life-cycle cost analysis for some of the values. Here, we factor in all the different costs that a particular method needs, such as capital cost, operating cost, maintenance, and final residual or salvage value at the end of its useful life.
Through this analysis method, we calculated that landfill practices impose an estimated R8.7 billion (US$0.5 billion) annual burden on the economy, environment and communities across South Africa. Because much of this is a hidden cost, the real “dis-amenity” (the combination of negative values) is often undervalued and these costs materialise in other ways, to the detriment of the economy, society and the environment.
What alternative methods did you test and what were the outcomes?
We explored various means:
aerobic composting (decomposition with air circulation)
anaerobic digestion (decomposition in a sealed container)
processing through vermicomposting (harnessing the services of earthworms that eat the food waste and produce nutrient-rich deposits)
black soldier flies (the larvae of which feed on the waste and produce animal feed and organic fertiliser).
We calculated that windrow composting, where organic waste is placed in long rows and turned periodically to maintain oxygen levels, generates some benefits through the sale of the compost. It also saves in greenhouse gas emissions by replacing more costly fertilisers for farming.
In-vessel composting was the one method we analysed that had higher costs than benefits, even though it produces better quality compost and almost no air pollutants. (But this was still a marked improvement over landfilling.) In this method, the waste is in a closed environment, where air-flow, moisture and temperature can be controlled to speed up the composting process.
We also evaluated anaerobic digestion with bio-gas capture, which takes place in an enclosed environment, but with air excluded. The biogas percolates to the top of the tank where it is extracted for cooking and other uses. This has a much higher capital and operational cost, but generates saleable methane and carbon dioxide gases, as well as a digestate that can be sold for soil enhancement.
Vermicomposting is a process where organic waste is broken down by earthworms and microbes into material that can add nutrients to soil. It also produces worm biomass as a high-protein animal feed. This produces a higher net benefit than any of the other methods described so far.
The best performer from the social cost-benefit analysis was black soldier fly processing. The flies’ eggs are hatched and the larvae are transferred to the food waste, which the larvae feed on. When the larvae reach maturity, they are harvested for protein-rich animal feed and their deposits (called frass) are collected for use as fertiliser.
Studies agree that anaerobic digestion offers the best performance from a purely environmental appraisal.
Our study suggests that a combination of anaerobic digestion and black soldier fly processing could be the optimal solution, taking into account social and economic aspects.
How can these findings be used to shape policy?
Our study offers a number of pointers. It is essential to look at gate fees to landfill sites. Some of the sites are not charging at all, and the closest to charging an economic rate is the Western Cape province. This should be weighed against the possible avoidance of formal waste disposal altogether, inadvertently promoting illegal dumping. Linked to this is the lack of compliance with waste legislation that was identified at many of the sites across the country.
Municipalities should be encouraged, through government policies, to invest in alternative technologies, like vermicomposting and black soldier fly processing. A strategic combination of economic incentives, regulatory compliance and sustainable practices is essential to achieve long-term national waste management objectives.
The results of our study highlight the urgent need for an integrated strategy that incorporates economic, ecological, social and governance dimensions to transform food waste into a resource. The current default to landfill is simply not a sustainable option. With targeted policies and investments, food waste could shift from being a costly liability to serving as a cornerstone of South Africa’s circular economy and sustainable development agenda.
Gabriel Pereira, a master’s student, was a co-author on the research and article.
– Food waste in South Africa is dumped in landfills – study weighs up healthier and more sustainable options – https://theconversation.com/food-waste-in-south-africa-is-dumped-in-landfills-study-weighs-up-healthier-and-more-sustainable-options-268715
Source: The Conversation – Africa – By Stephen Onyeiwu, Professor of Economics & Business, Allegheny College
Nigerians have been waiting anxiously for the economy to “turn a corner”, following economic reform initiatives undertaken by President Bola Tinubu in 2023. These included removing the country’s fuel subsidy and freeing up its foreign exchange market.
There have been signs of improvement. Key among these are stronger economic growth, and a rise in capital inflows and diaspora remittances. Foreign reserves have risen to the highest level in seven years. Core inflation has declined and the foreign exchange market is less volatile.
But ordinary Nigerians aren’t feeling the benefits. There’s anger and resentment, as evident in the nationwide protest in June 2025 against hunger and insecurity.
How might one explain this mismatch?
The answer lies in living conditions, which have not improved and may well have deteriorated since the economic reforms.
Many Nigerians are still without jobs – the unemployment rate has been estimated at about 30%. But this is an underestimate, considering that millions of under-employed Nigerians in the informal sector are counted as employed.
Because of the lack of jobs, about 93% are engaged in low-income informal sector activities. Public spaces and highways in the country have been taken over by roadside hawkers and other informal sector workers.
Nigerians are also chronically poor and food insecure. According to the World Bank, the number of poor people in Nigeria rose from 81 million in 2019 to 139 million in October 2025. Most have no safety net or means of protection from unforeseen events like illness, natural disasters or loss of jobs.
As an economist who has studied the Nigerian economy for over four decades, I argue that Nigeria needs a radical shift in its economic policy approach. Macroeconomic stability can’t be expected to automatically create jobs and alleviate poverty. Time and again, trickle-down economics has been shown to be a flawed economic philosophy.
It is time for the Tinubu administration to take decisive and unprecedented steps to translate macroeconomic improvements into better living conditions for Nigerians.
Why reforms aren’t feeding through
Most Nigerians have not felt the impact of improvements in macroeconomic performance because of the following:
Economic growth is not robust enough: Growth needs to be 6%-8% a year for at least five years, for most Nigerians to feel the impact of an improved economy. Much of that growth must come from labour-intensive sectors of the economy, particularly manufacturing and agro-processing.
Jobless growth: Employment-intensive sectors of the economy haven’t been affected by the reforms. The manufacturing sector, for instance, remains weak due to the high cost of imported raw materials, poor infrastructure, competition from cheap imported goods, and the high cost of borrowing.
Income stagnation and declines in real purchasing power: The few Nigerians with jobs have found that their income lags behind the rate of inflation. The fact that Nigeria’s inflation rate has fallen does not mean that prices have decreased. It simply means that prices are rising more slowly than they did before. And the minimum wage in Nigeria is one of the lowest in the world.
Non-inclusivity of growth: The gains from macroeconomic stability in Nigeria have not been broadly shared. There are two reasons. First, the main drivers of growth are sectors that are not labour-intensive: oil and gas, financial services, digital services, hospitality, music, art and design. Second, many Nigerians don’t have the skills and competencies to be employed in these sectors.
Perverse sectoral distribution of capital inflows: Although foreign capital has increased, much of it is portfolio investment in bonds, government treasury bills, and the stocks of financial institutions. The opportunities for employment generation are therefore very limited.
Economic challenges that need to be addressed
To translate recent policy reforms into better living standards, more needs to be done.
Job creation: The government should work with the private sector to resuscitate the manufacturing sector and agro-processing. Incentives should be given to foreign and domestic investors to invest in manufacturing and agro-processing. A rejuvenated manufacturing sector will integrate the Nigerian economy into global value chains.
Only about 2% of capital inflows this year is foreign direct investment. The rest is portfolio investment in government bonds and securities, as well as corporate stocks – especially in banking. Portfolio investment does not create jobs. Equity investment in manufacturing, agro-processing and even agriculture is preferable for job creation.
Cash transfers: Reduce the huge cost of running the country and use the savings for cash transfers for vulnerable Nigerians. Only about 8.4 million households (out of a population of 238 million) have received cash transfers of between N25,000 and N75,000. This is grossly inadequate. Giving more people cash would represent a big change for many Nigerians, no matter how small the transfer. Cash transfers that are paid for by a reduction in governance cost will not create inflation but enable Nigerians to invest in economic activities and be productive.
Public works: The government should accelerate the rate of job creation by using direct labour for targeted public works projects. Nigeria has many bad roads and dilapidated public buildings.
Streamline the foreign exchange market: There is still a gap between the official and parallel rates of exchange. There are many black-market foreign currency traders. In a well-functioning foreign exchange market, a sprawling black market should not exist.
Reduce the size of the informal sector: This can be done through the development of the manufacturing sector, which will draw surplus labour from the informal sector.
Economic development should be about people, their well-being and their economic dignity. While stabilising the economy, the government should intentionally put in place mechanisms to ensure that macroeconomic improvements result in better living conditions.
– Nigeria’s economy has improved but ordinary people still feel the pinch: economist offers some solutions – https://theconversation.com/nigerias-economy-has-improved-but-ordinary-people-still-feel-the-pinch-economist-offers-some-solutions-271496
Source: The Conversation – Africa – By Alessandro De Cola, Univertsity Assistant (Postdoc), Universität Wien; Università di Bologna
A dynamic new “consumer class” emerging from Africa is attracting international attention. With the prospect of rising incomes and a young population, international consulting firms see the continent as the next frontier for consumer goods. Global entrepreneurs even warn of the increasing savviness of African buyers.
But the influence of African consumers on global markets is far from a new thing. In the 1800s, the continent’s consumer demand called the tune for European factories.
We’re a team of economic and social historians, anthropologists, and African studies specialists. Our research project investigates the roots of these dynamics.
Focusing on the African demand for goods like arms, beads and cloth, our research calls into question the Eurocentric idea that Africa was just a supplier of cheap labour and raw materials before the “Scramble for Africa” by colonial powers.
Instead, in the 1800s, the continent was a key driver of industrial production, compelling manufacturers to tailor their goods to African preferences.
This challenges the conventional view of globalisation as a flow of goods and ideas from dominant economies to so-called peripheral regions. In fact globalisation has always been a connected process – one in which African consumers, though often overlooked, played a decisive role in shaping global markets.
Arms
Analysis of the arms trade takes us to the Congo River estuary in the late precolonial era. Before the late 1800s and colonialism, this region was free of direct European political control.
The illegal slave trade lasted at least until the mid-1850s, when the export of legitimate goods finally began to gather momentum. From roughly the 1850s, one of the products most consistently favoured by consumers in the Congo estuary was the so-called “trade gun”.
These rugged, muzzle-loading muskets were deemed outdated by European manufacturers and traders. In the Congo estuary these firearms remained in high demand.
Trade guns could be flintlocks (using a flint to ignite gunpowder) or percussion guns (using a small, explosive cap to ignite it). Flintlocks were more popular because flintstones were more readily available in Africa.
Moreover, smoothbore muzzle-loaders, commonly made from “soft” wrought iron rather than “hard” steel, were not only cheaper but also a more accessible technology than rifles for African consumers. Although flintlocks were sometimes not effective for big-game hunting, they had substantial military value.
Understanding the role of these weapons in African history, however, requires looking beyond just their function. Imported firearms were also commonly given symbolic meanings shaped by local norms and power structures.
For example, among Kikongo speakers in the lower Congo, gunfire was used as a sign of rejoicing during celebrations and funerals. Noise was believed to drive away bad spirits and aid passage into the spirit world.
Although the gun trade in the lower Congo is not always easy to quantify, it is documented, for example, that the Nieuwe Afrikaansche Handels Vennootschap imported an annual average of about 24,000 guns between 1884 and 1888. The majority of these were discarded French percussion guns that had been modified into flintlocks in Liège.
The development of the arms trade in the lower Congo also mirrors broader changes within the European firearms industry. African consumer demand was not just driven by European industrial output, but was rather an active force that shaped and sustained global economic integration throughout the 1800s.
Beads
Venetian glass bead producers were well aware that their specialised industry depended on demand from Africa and Asia. It is almost impossible to find out exactly how many glass beads were poured into the African continent in the 19th century. Glass beads went through many different hands (in many different ports) before they reached the shores of Africa, and the available information on Venetian production is not consistent.
Historians have shown that, during the 1800s, beads produced in Venice were a key commodity exchanged for ivory along the east African caravan routes connecting the Swahili coast to the Great Lakes. These routes were established by Arab traders and Nyamwezi traders (from today’s Tanzania) on expeditions financed by Gujarati merchants from India.
As demand for ivory grew in European and American markets, these traders began penetrating deeper into the continent to discover new sources of elephant tusks and rhino horns. They established new market centres in the process.
Glass beads were portable and relatively cheap. This made them especially suitable as a form of money in everyday transactions. Beads had a major importance in securing food for caravan porters. Bringing the wrong type of beads could spell disaster for an expedition. This required an updated knowledge of the kinds of beads that were more in demand along specific routes.
Through the caravan leaders, information was gathered by European agents in major commercial hubs such as Zanzibar. This was mailed or telegraphed to their companies’ headquarters, allowing producers to respond to demand as promptly as possible.
Today, sample cards displaying the most requested kinds of glass beads, preserved in European and American museums, are the most tangible product of this information chain.
Cloth
African demand also influenced technological innovation. On the coast of east Africa and in Sudan, people eagerly imported millions of yards of American unbleached cotton cloth. This helped build the fortunes of US industries – so much so that “merikani” (from “American”) became a general term for this product – and, later, of Indian manufacturers.
Its spread, however, was limited by transport costs. Ethiopian markets were supplied mainly by local production, with a robust tradition of cotton spinning and weaving. The cloth was distinctively white and soft – praised by travellers as comparable to the finest European textiles. In Ethiopia, the only clear technological advantage enjoyed by western producers was dyes, especially after the introduction of synthetic colours in the 1870s.
Ethiopian weavers eagerly sought coloured yarn from Europe and India to pair with their own white cloth. This demand stimulated the spread of new dying technology abroad. The situation changed significantly after the unification of Ethiopia under Menelik II, whose reign brought stability and infrastructure development.
Coarse, unbleached cotton became widely available even in the interior, offering a cheap and easily washable option for ordinary people: 12 million square yards from the US were imported in 1905-1906 alone. Meanwhile, Ethiopian elites continued to favour local cotton but complemented it with imported accessories like felt hats and umbrellas. Coloured cloth, once a luxury, became a popular consumer good.
The big picture
The story of how arms, glass beads and cloth were commercialised in Africa and how production and distribution had to adapt to the continent’s needs provides a more nuanced picture of how global trade as we know it took shape.
Our research emphasises that globalisation was not ignited in the global north, but depended on consumers located far from the centres of production.
– Early shoppers: how African consumers set global trade trends in the 1800s – https://theconversation.com/early-shoppers-how-african-consumers-set-global-trade-trends-in-the-1800s-266794