The South African Institute of International Affairs (SAIIA), in partnership with the Organisation for Economic Co-operation and Development (OECD), cordially invites you to a public address on 'The 2017 OECD Economic Survey of South Africa and Key Challenges for South Africa and the Region' with an address by Mr Angel Gurría, OECD Secretary-General.
As part of the G20 initiatives last week, the World Bank’s Women Entrepreneurs Finance Initiative, or We-Fi, was launched. This was an idea initiated by Ivanka Trump at the April 'Women 20' meeting in Germany. We-Fi seeks to avail over US$1 million to empower women entrepreneurs in developing countries through access to finance, mentorships and technical training, as well as public policy advocacy and reforms on gender equality.
SAIIA Occasional Paper No 260, June 2017
On 29 April, President Donald J Trump reached 100 days in office as president of the United States. A controversial head of state, whose election campaign and subsequent ascension to power was met with widespread criticism and resistance, particularly from large US cities, the dust certainly has not settled by now for his administration. Instead of assuaging fears and infusing greater certainty into global affairs, the announcement that his budget intends to cut $1 billion dollars in foreign aid and diplomacy to fund various ‘America First’ projects has the rest of the world concerned about the fate of peace, security and development.
On 3 April the sword that had been dangling over our heads for the last two years finally came down – South Africa was downgraded by S&P Global to sub-investment grade with a negative outlook. But we may be in ‘good’ company. We have joined both Brazil and Russia in the junk status club. However, our rand-denominated debt is still two notches above sub-investment level, albeit with a negative outlook. As most of our debt is rand-rather than dollar-denominated this is a silver lining.
SAIIA Occasional Paper No 249, January 2017
On December 15 2015, President Jacob Zuma assented to the controversial Protection of Investment Act when much of the South African public was on a festive holiday break. This piece of legislation is meant to replace the bilateral investment treaties that SA terminated in 2012, resulting in consternation and outcry from the international investment community based in the country.
The UN Conference on Trade and Development estimates that between USD$ 1.6 trillion and USD$ 2.5 trillion is required annually for the period 2015–2030 to bridge the infrastructure-financing gap in developing countries. Some estimates indicate that sub-Saharan Africa alone requires up to USD$ 93 billion annually until 2020 to finance its infrastructure deficit. Multilateral development banks (MDBs) such as the World Bank and the African Development Bank go a long way towards addressing these challenges.
SAIIA Occasional Paper No 246, December 2016
SAIIA Policy Insights No 38, November 2016
SAIIA and the Konrad Adenauer Stiftung (KAS) hosted a Policy Dialogue, to revisit the investment climate in Southern Africa, with a particular focus on Tanzania.
The international investment landscape has been shifting over the past two decades. Governments are increasingly realising the potential for Foreign Direct Investment (FDI) to achieve not only economic growth, but developmental objectives as well.
SAIIA Occasional Paper No 237, October 2016
SAIIA Occasional Paper No 236, July 2016
SAIIA Occasional Paper No 233, June 2016
Migration and the movement of people have become a multi-dimensional challenge in Africa. In order to investigate this challenge, SAIIA, on behalf of the Konrad Adenauer Stiftung (KAS), has been undertaking a research study focusing on the immigration protocols within the three Regional Economic Communities making up the Tripartite Free Trade Area (TFTA). Tanzania, as the proposed host of the TFTA Secretariat, is an ideal place for engaging on these issues.
Foreign Direct Investment, and more specifically, how to foster a greater enabling environment for FDI, has also been a key area of focus for SAIIA. As part of ongoing research throughout SADC, and drawing on the experiences and lessons learnt from other countries in the region, SAIIA researchers will investigate and analyse the investment environment across four sectors in Tanzania: infrastructure, energy, agro-processing and retail.
Finance Minister Pravin Gordhan has just presented his first Budget Speech since being reappointed following the unceremonious firing of Minister Nene. The speech follows on the presentation of the State of the Nation Address (SONA) by President Jacob Zuma on 11 February 2016. Both speeches marked watershed moments in South Africa’s history as the economy faces some of its worst challenges in post-apartheid history.
SAIIA Occasional Paper No 227, January 2016
The Mining Indaba, hosted annually in Cape Town, has arrived. However, the outlook for commodity prices is arguably the worst it has been since 2008, and China’s bumpy economic landing is not helping.
On 19 January President Jacob Zuma announced the establishment of an Inter-Ministerial Committee (IMC) on Investment. This took some in the investment community by surprise, despite the President’s reference in his 2015 State of the Nation Address to the future establishment of a government clearing house for investment.