“East Africa is expected to deliver the strongest real GDP growth in Sub-Saharan Africa over the next decade, according to BMI Research,” says Wayne Troughton, CEO of specialist global hospitality and tourism consultancy, HTI Consulting, who have recently undertaken extensive market and feasibility studies, due diligence, finance raising and hotel operator selection assignments in several EAC countries. Greater integration, reduction of trade barriers and improved infrastructural links are expected to be the region’s key economic drivers, with the introduction of an EAC passport (proposed for January 2017) expected to facilitate trade, growth and freer movement of people. EAC countries have also implemented key projects to raise annual tourism earnings to $16 billion from $7 billion by 2020. “This indicates a positive outlook for the hospitality and tourism sector in the region, with a number of new projects and international brand entrants lined-up for the coming years,” explains Troughton. “If international companies are successful in exploiting the region’s wealth of natural resources, including oil in Kenya and Uganda and gas in Tanzania, it will also serve as a significant economic boost to these countries,” he continues. “Such resource development will compliment the diverse economic base of EAC members and will not place reliance on single commodities. This will have a significant role to play in reducing investment risk and boosting East African tourism and hotel industries,” says Troughton. Dar es Salaam In Dar es Salaam, room supply has increased consistently over the past 15 years and is currently sitting at around 2 400 rooms. Peaks occurred in 2009 when the Holiday Inn and Hilton Double Tree entered the market, as well as in 2015 when supply grew by 26%. Comments Troughton, “Brand penetration is strong with Hyatt, Best Western, Protea by Marriot, Southern Sun, Serena, Ramada and Golden Tulip also represented in the market. New hotel . . .
In comparison to mature solar energy markets such as Spain, Australia and Germany, the solar energy market in South Africa is a young one. The barriers to entry to the Solar Energy market are well known: High upfront cost Uncertainty around maintenance Concern around maximising production Scepticism about real savings In many instances Solar PV installations are sold as 'the right thing to do', as a contribution to 'saving the planet' and lastly as a means to save energy costs. South Africans are an innovative bunch who, presented with a problem or barriers to market entry, will in most instances come up with a viable solution. And this Solar PV solution is one that cuts the costs of those businesses that make a hefty contribution to the job market. Durban based, Energy Capital, through the use of Solar PV offer a unique solution to businesses seeking to reduce their energy costs without capital outlay. Energy Capital was established to facilitate the long term funding of renewable energy equipment for end users. Under section 12J of the Income Tax Act individuals, companies and trusts can get a tax deduction if they invest in a venture capital company (VCC) that in turn invests in a qualifying small business for at least five years. Using this venture capital tax incentive, Energy Capital, was earlier this year able to tap R2.6m from Broadreach Capital’s Harbour Energy 1 fund to bankroll the installation of a rooftop photovoltaic system for a business park in Pinetown, KwaZulu Natal. Energy Capital chief executive Doug Brazier says the funding created eight jobs, mainly of installers on site. Investors generate a return by the company selling the power generated from each unit to clients. Funding for another 120 similar projects is planned. In essence Energy Capital, through it's national network of partners, will: Advise on Energy Efficiency measures at no cost Install a Solar PV system at no cost Enter into a . . .
The Social Life of Waste Art (SLOWart) presents a pop-up exhibition that celebrate waste art, on 1st and 4th September 2016 at Museum of African Design, Maboneng and on the 4 September, Green Office, Drill Hall Precinct, Johannesburg. In an effort to educate and motivate the public to take personal action in local and global conservation efforts, the Social Life of Waste-Art (SLOWart) has been producing a series of art exhibitions to highlight regional environmental issues through the universal language of art. On 1st September 2016, first Thursday of Art Week Joburg opening, SLOWart will present a pop-up exhibition featuring Zimbabwean waste artist Johnson Zuze and video art by Myer Taub and Francois at Museum of African Design, Maboneng, Johannesburg, South Africa starting at 18H 00. ART WEEK JOBURG is a week-long festival that brings together Joburg art lovers to see the city’s art spaces – galleries, project spaces, arts organisations, museums and training institutions. SLOWart will be hosting a number of activities such as gallery exhibition with recycled material and interaction with artists, waste food cooking performance, pinhole workshop and the making of musical instruments out of recycled material on Sunday, 4th September at 14h00 at the Green Office Drill Hall, Precinct in Johannesburg. The “Not Wasting Point Blank” exhibition will open at 14H00 at the Point Blank Gallery in the Drill Hall Precinct on Sunday 4th and will feature works from artists across Southern Africa. This exhibition curated by Keneilwe Mokoena, invites the general public to see an art collection that focuses exclusively on art and design made from recycled waste materials. This collection of works was recently on exhibition at the Fortaleza in Maputo. On this day, the Trackside’s After School Project will also provide children with the opportunity of playing and making toys and musical instruments with waste or discarded objects. What's more? Pretoria Street Photography . . .
Fifteen solid years of commercialising mobile marketing solutions that tap into the vast business potential of 600 million cellular users has seen InTarget Mobile Advertising join an exclusive club of the Top 25 African & Middle Eastern Mobile Ad Networks. Thalamus, the administrator of the world's biggest ad vendor database, has included South Africa-headquartered InTarget in its most recent list of the twenty five mobile marketing firms that matter in Africa and the Middle East. Led by Group CEO Lazarus Muchenje; a continent-wide mobile pioneer, financier and businessman; InTarget is today a trusted provider of mobile marketing and advertising solutions with a 33-country African and Middle East footprint. "Every leader at InTarget has a career history of never compromising on providing the best available mobile services to African and Middle Eastern consumers. We all share the thinking that these two historically neglected continents deserve the best the mobile world has to offer. We've joined the Top 25 list by consistently delivering on our commitment to quality," said Mr Muchenje. The company is clearly onto a good thing after spending the last decade and a half focusing on two challenging, yet profitable, continents. According to research firm eMarketer, the mobile advertising market in the Middle East and Africa (MENA) will grow to $3B in 2016 With over 50 000 ad partners and counting, Thalamus houses the most comprehensive dataset of ad partner capabilities, contacts, marketing collateral, ad specs, network data, and marketer reviews for vendors across the globe. Media buying teams representing 90% of the AdAge top digital agencies list, as well as global brands, use Thalamus to source, evaluate and connect with participating ad partners to meet their digital advertising goals. InTarget is a mobile advertising firm able to offer clients unparalleled flexibility thanks largely to its in-house WASP (wireless application service provider) . . .
Financika is a Vanuatu based finance company offering online Forex trading services and comprehensive training programs in South Africa. Vanuatu, August 12,2016/MyPR.co.za / - Financika – The Vanuatu based company offers financial services for traders with qualified full-time support from expert brokers. Forex trading is known to require a level of knowledge in order to bring profit to the trader. Besides the basic understanding of how the foreign exchange markets work, using the right technology to conclude trading operations, and taking advantage of market insights, are just few additional ways for aspirants to succeed in FX trading. Financika aims at making its traders successful – thus allowing access to a trading academy with all the specialized knowledge readily available, in addition to the software that makes monitoring and executing trades easy and fast. Moreover, another feature seems to catch the attention of aspiring traders – the support provided by the dedicated account managers who follow the market trends and advise on strategies most likely to bring success. “FX is second to none for traders interested in buying, selling and investing in different markets online. Traders from all around the world are pouring to this platform to either make full-time income with part time work, or just to bring some additional profit. From aspirants to seasoned pros – everyone tries to outsmart the derivatives market to earn their share. Major factor to success is knowledge. Thus, as a broker aiming to attract traders with higher chances of success, Financika has made all the needed knowledge available to aspiring traders and expert pros alike. Market value analysis and conditions are essential before commencing any trade. Experts need to be hired by traders to achieve success in the platform quickly – but with Financika you get this support once you become a client of ours.” – says Director of Financika while addressing a press conference on the importance of . . .
Albany, New York, August 10, 2016: Market Research Hub (MRH) has added a new market intelligence report to its comprehensive collection of research studies. The 165-page research study, titled “Objective Lens Markets in Africa to 2020 - Market Size, Development, and Forecasts,” offers a detailed analysis, presenting insights into the key trends and dynamics that are influencing the growth of the market. In addition, the product segmentation, growth drivers, and challenges of the market have been discussed in the research report. Objective lenses are the primary lenses used across the globe to observe minute specimens and magnify objects that are invisible to the naked eye. These lenses are used widely in cameras, microscopes, telescopes, and other optical instruments. With technological developments, the objective lens market is projected to grow at a fast pace throughout the forecast period. The growing application base in diverse industries is further projected to augment the growth of the Africa objective lens market in the near future. Browse Full Report on Objective Lens Markets in Africa to 2020 - http://www.marketresearchhub.com/report/objective-lens-markets-in-africa-to-2020-market-size-development-and-forecasts-report.html On the basis of geography, the market has been segmented into Morocco, Senegal, Tanzania, Egypt, and South Africa. The demand, consumption, share, and size of every segment have been included in the research study to provide a clear understanding of the objective lens market in Africa. In addition, the growth rates of the segments have also been predicted in the report to help the key players in making effective financial decisions in the next few years. Furthermore, the research report has divided the objective lens market in Africa on the basis of type into objective lenses for cameras and projectors and other objective lenses. Objective lenses are being used widely in photography and imaging and are expected to exhibit . . .
A team of six youth sailors will represent South Africa at the RS Tera World Sailing Championships being sailed offshore out of Club de Vela Santona, Spain from 30 July to 5 August 2016. Three members of the South African Team are from Port Elizabeth, Nelson Mandela Bay; Tammy Bailes, Luke Weddell and Sophie Hynch. Bailes and Weddell are Grade 8 pupils at Collegiate and Grey High School respectively whilst Hynch is in Grade 11 at St. Dominics Priory. This will be Hynch's third World Championships after sailing the Tera Worlds at Pine Lake Marina, Sedgefield in 2014 and Aquavitesse, the Netherlands in 2015. Sophie sails for the Redhouse Yacht Club. Bailes and Weddell, who sail for the Algoa Bay Yacht Club will be sailing in their first Tera World Championships and will sail in the Sport fleet which makes up 44 of the 73 entrants. Tammy is currently ranked first in SA in the Sport Fleet and has a solid sailing pedigree behind her having sailed in a number of high profile events including the 2015 Mirror Worlds sailed in South Africa, the 2015 Australian Mirror Nationals, 1st on the Tera Sport at the Western Cape Provincials, 1st in the 2016 Tera Nationals sailed out of Pine Lake Marina, Sedgefield and second at both the Eastern Cape Provincials and Youth Nationals. On the change from sailing in a Mirror - a two person boat, to the Tera - a solo boat, Tammy said; "Sailing solo allows me to be in charge and gives me a great sense of achievement." School sports for Tammy are Hockey and Water Polo. Grey High Schools Luke Weddell is a product of the ABYC Sailing School having started sailing in an O9'er and then an Optimist Dinghy. "Sailing is fun and gives you a rush," says Weddell. "I went to Tera Nationals because I thought that it would be fun," continued Weddell. Proving that fun is the best way to excel, Luke then went on and sailed to a very credible 7th place in the Tera Nationals. Luke has his eye on using skills gained on the Tera to . . .
CRITICAL CHANGE EXPECTED: SA TRUCKING WOES TO CONTINUE IN 2016 - 2020 SUMMARY: Crippling competition, rising interest rates and fuel prices, volatile global market, poorly performing local currency, falling demand for commodities, resulting in numerous contracts being cancelled on the back of such economic woes. OVERVIEW South Africa literary has thousands of trucking companies and operators. So, how do you distinguish the net worth and importance of sole operators to owners of multinational transportation fleets and of the industry as a whole? After all, they all provide various levels of valuable services to a critical industry that seems to lack co-ordination. From a macro-economic and socio-political aspect, trucking influences many parts of the South African economy; from being the link between cities for food and farm products to delivering petroleum and other vital and essential strategic services to many environmental aspects of SA commerce. Yet the industry has gone through major changes in the past 12 months, being influenced by crippling and still growing competition, rising interest rates, higher diesel and petrol prices and a volatile global market; not forgetting the latest Brexit fiasco. This is in addition to a poorly performing local currency, adding margin pressures to an industry already under strain from falling demand for commodities. For trucking involved in commodities, last year’s dramatic fall in the oil price sent coal, iron ore and other commodities in a downward spin, leaving many trucking operators wondering if they could bear any more economic and financial pressures, resulting in numerous contracts being cancelled on the back of such economic woes. The latest report by international research house BUSINESS CONSULTANTS INTERNATIONAL places this industry in context and forecasts the radically changing business environment to the year 2020. FORECAST FOR 2016 – 2020 Industry mergers and acquisitions expected . . .
Dear Mr Olivier It is with great disappointment to note the Senior Pastor's diabolical statements on race. This is the danger of zeal without knowledge, of you wanting to make social comments, but are ignorant of the history of the very country you purport to be a citizen of. Mr Andre, before you get up on the pulpit and make ignorant statements regarding black people, go and read about the Land Act of 1913, read about how black people where dispossessed of their land, engineering the poverty of millions of blacks, taxation that was deliberately enforced to drive people out of their homes in order to create cheap labour for the mines. When you want to talk about hard work,talk about the millions of black people who catch taxis everyday at 4am in the morning to be at work for 8am, spending 4hrs commuting and 60% of the salaries on transport. You do not deserve the position you're in, you're not a worthy representative of God, who made it clear neither Greek nor Jew. Out of the abundance of your heart, you have spewed your bile that is divisive and offensive. Do the honorable thing and resign, you're no representative of Jesus! When Jesus offended, it was always to challenge the religious order of the day (For the law was given through Moses, Grace and Truth came with Jesus Christ),to usher in His Kingdom. You would do well to go back to basics and read your bible and less fanning these racists fires that seem to be raging out of control in our beloved South Africa. CLICK HERE to submit your press release to MyPR.co.za. . . .
College Africa Group is extremely proud to officially announce the launch of our Online Microsoft Office 2013 training courses that everyone can afford. Course prices start from as low as R 265 including Vat for twelve months’ access. The complete offering can be viewed at https://www.collegeafricagroup.com/lms/ms-office-2013-library-of-15-interactive-courses Register for our newsletter and receive up to date news about our courses. One complete online library and 10 single online Microsoft Office courses will be awarded to respondents who will be selected at random. Closing date 31 July 2016, Terms and Conditions apply. Newsletter link: http://www.collegeafricagroup.com/newsletter College Africa Group is an accredited SETA South African training company that specialises in training Microsoft Office 2013 in Southern Africa. The Company was registered in 2003 as EasyExcel cc and underwent a name change to College Africa Group (Pty) Ltd in 2015. College Africa Group is driven by the importance of preparing the South African youth for the workplace and Microsoft Office is an integral part of the prospective employee’s skillset that Employers demand. Our mission is to create the opportunity for South Africans to uplift their families and follow our motto, “Discover your Potential”. Take advantage of Cloud based solutions and Discover your Potential no matter where you live in South Africa. Contact Arnold Muscat at firstname.lastname@example.org or 083 778 4903 for more information. Release date 27 June 2016 Microsoft Office 2013 logo YouTube: https://www.youtube.com/channel/UCAaZJ1fkAt7yU4M3Jc-CrZw CLICK HERE to submit your press release to MyPR.co.za. . . .