Source: EY |

Ridhwan Khan of Mobicel Communications awarded EY Southern Africa World Entrepreneur Award for 2018

Ridhwan Khan, 38-year-old founder and CEO of Mobicel, knew he was never going to be a suit-and-tie corporate worker, climbing his way up corporate ladder

Davison Norupiri of Davipel Trading (Pvt) Limited receives the Exceptional category award; The Emerging category award goes to Deborah Merdjan, CEO of Camelot Group; For her outstanding contribution towards creating social and economic change as a founding member and CEO of WIPHOLD - and for the empowerment and development of…

EY
Source: EY |

Gloria Serobe awarded 2018 EY Lifetime Achievement Award

Gloria has received many accolades and awards throughout her career and has been widely recognised for her outstanding contribution towards creating social and economic change in South Africa

The 2018 Lifetime Achievement Award was presented to Gloria Serobe at the EY (www.EY.com) World Entrepreneur Award ceremony on Thursday, 29 November 2018. The award recognises prominent business people whose enterprises have contributed significantly to the growth and development of the economies in their respective countries. Gloria has received many…

EY
Source: EY |

EY honours Southern African entrepreneurs who redefine convention and inspire change

This year EY marks 21 years of recognising and celebrating entrepreneurs who have consistently demonstrated excellence in their businesses

Since the first award in 1998, when Adrian Gore of Discovery was the inaugural winner, EY (www.EY.com) continues to see trailblazing entrepreneurs whose vision is shaping industries, creating new markets and generating employment opportunities while contributing to economic growth and development. We are excited to announce, in alphabetical order by…

EY
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    • Ajen Sita, CEO, EY Africa
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Source: EY |

Foreign Domestic Investment (FDI) into Africa rises, and Morocco joins South Africa as leading investment destinations

The 2017 data shows that Africa attracted 718 Foreign Domestic Investment (FDI) projects which is up 6% from the previous year

South Africa shares the title of largest African FDI hub with Morocco; Southern, West, East and North Africa all receive more or less equal FDI (measured in project numbers); The USA remains the single biggest country investing in Africa, while Western Europe is by far the biggest regional investor. Download…

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    • China picks up pace in Africa amid uncertainty around US policies and Brexit.
    • Heightened global uncertainty results in uneven FDI landscape for Africa
    • Africa’s hub economies account for the majority of FDI
    • Africa’s diversified FDI sources provide resilience
    • South Africa remains the largest FDI hub
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Source: EY |

Africa presents a mixed foreign direct investment (FDI) picture - EY Africa Attractiveness report

Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016

South Africa remains the largest FDI hub in Africa Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016 Investment from the Asia-Pacific region into Africa hit an all-time high in 2016 According to EY’s (http://EY.com) latest Africa…

Source: EY |

Staying the Course, Despite a Relative Economic Slow Down

US remains the leading investor into Africa

Africa one of the only two regions in the world achieving growth in FDI project numbers over 2015 Seven percent rise in FDI projects for Africa East Africa the biggest gainer, while other key economies recover ground US remains the leading investor into Africa According to EY’s (www.EY.com) 2016 Africa attractiveness program…

EY
Source: EY |

Africa’s growth: Meltdown or slowdown?

Measuring potential and progress: the Africa Attractiveness Index

Economic growth across the region is likely to remain slower in coming years than it has been over the past 10 to15 years. The International Monetary Fund’s (IMF) baseline projection for 2016 is now down to 3%, from what was a forecasted 6.1% in April 2015(1). The main reasons for…