Bungeni http://bungeni.org/ Wed, 28 Sep 2022 04:01:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://bungeni.org/wp-content/uploads/2021/05/bungeni-icon-150x150.png Bungeni http://bungeni.org/ 32 32 Côte d’Ivoire: The African Development Bank signs a $400,000 grant agreement with Caisse des dépôts to support micro-enterprises. | African development bank https://bungeni.org/2022/09/27/cote-divoire-the-african-development-bank-signs-a-400000-grant-agreement-with-caisse-des-depots-to-support-micro-enterprises-african-development-bank/ Tue, 27 Sep 2022 16:17:55 +0000 https://bungeni.org/2022/09/27/cote-divoire-the-african-development-bank-signs-a-400000-grant-agreement-with-caisse-des-depots-to-support-micro-enterprises-african-development-bank/

The African Development Bank has signed a $400,000 grant agreement with the Caisse des dépôts et consignations de Côte d’Ivoire (CDC-CI). The funds will help the CDC-CI to accelerate its assistance activities to small and medium-sized enterprises in Côte d’Ivoire. The agreement was signed on September 27, 2022 in Abidjan. The CDC-CI is a state bank that manages official deposits.

The grant will come from the Capital Markets Development Trust Fund, a multi-donor fund administered by the African Development Bank.

The funding will enable CDC-CI to promote entrepreneurial initiatives for women and youth, helping small and medium-sized businesses in Côte d’Ivoire recover from the impacts of the Covid-19 pandemic. The CDC-CI will do this through – among other things – the development of a strategic document defining the scope of its intervention in favor of SMEs; this will then be supported by a feasibility study to identify, prepare and validate implementation options. As part of capacity building, CDC-CI staff will also receive training and tools.

“We welcome this first collaboration between the Bank Group and the Caisse des dépôts et consignations de Côte d’Ivoire,” said Ahmed Attout, Head of the Capital Markets Development Division of the African Development Bank. “By strengthening the capacities of the Caisse des dépôts et consignations de Côte d’Ivoire, this project will help to broaden the base of long-term investors in Côte d’Ivoire and to diversify the sources of financing for small and medium-sized Ivorian companies.

The Managing Director of the Caisse des dépôts et consignations de Côte d’Ivoire, Lassina Fofana, said: “Contributing to the financing of small and medium-sized enterprises is one of the missions of the Caisse des dépôts et consignations de Côte d’Ivoire. in its capacity as an investor in the general interest.

The CDC-CI is very grateful to the African Development Bank for this mark of confidence and is delighted with this first collaboration which will strengthen its capacity to further support Ivorian small and medium-sized enterprises. “The Caisse des dépôts et consignations de Côte d’Ivoire intends to ensure the proper implementation of this project which will allow the development of financing mechanisms for small and medium-sized Ivorian companies, in synergy with the Ivorian banking and financial sectors. , the CDC-CI will contribute to the development of businesses that create wealth and jobs, especially for young people and women,” added Mr. Fofana.

About the Capital Markets Development Fund:

The Capital Markets Development Trust Fund is a multi-donor grant facility designed to develop strong African capital markets and support the African Development Bank’s efforts to mobilize domestic resources to finance Africa’s development. Administered by the Bank, the Capital Markets Development Fund is supported by the Luxembourg Ministry of Finance and the Dutch Ministry of Foreign Trade and Cooperation.

About the Caisse des dépôts et consignations of Côte d’Ivoire:

The Caisse des dépôts et consignations de Côte d’Ivoire was created by law n ° 2018-574 of June 13, 2018. It is a public financial institution serving the general interest. Its mission is to ensure the secure management of the public and private funds that it mobilizes and to contribute to the financing of the economy through investments of general interest. The Caisse des dépôts et consignations of Côte d’Ivoire also plays an important role as an institutional investor in the regional financial market, as part of its liquidity management operations.

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This is the average salary in South Africa right now https://bungeni.org/2022/09/27/this-is-the-average-salary-in-south-africa-right-now/ Tue, 27 Sep 2022 09:56:15 +0000 https://bungeni.org/2022/09/27/this-is-the-average-salary-in-south-africa-right-now/

Statistics South Africa has released the latest Quarterly Employment Survey (QES) for the second quarter of 2022, showing what workers are being paid across different sectors across the country.

Data shows that the average monthly earnings paid to non-farm formal sector employees increased by 3.7% quarter-on-quarter, from R23,697 in February 2022 to R24,578 in May 2022.

Year-on-year, the average monthly wage paid to employees in the formal non-agricultural sector increased by 4.0%.

Gross income paid to employees increased by R0.5 billion or 0.1% from R786.8 billion in March 2022 to R787.3 billion in June 2022. This was largely due by increases in the following sectors: transport, community services, trade, construction and mining.

However, declines were observed in the following industries: business services, manufacturing and electrical.

Year-on-year gross revenue increased by R33.6 billion or 4.5% between June 2021 and June 2022.

Wages/basic wages paid to employees increased by R10.3 billion or 1.5% from R706.7 billion in March 2022 to R717 billion in June 2022. Year-on-year wages /base salaries increased by R26.2 billion or 3.8% between June 2021 and June 2022.

Middle class

Recent data released by the Liberty Institute of Strategic Marketing at the University of Cape Town showed that a household needs to earn around R22,000 to be considered middle class in South Africa.

This would mean that the average non-agricultural worker formally employed in the country would fall into this class category. It also lines up with FNB data, which gives a broader definition of someone earning between R15,000 and R40,000 per month.

Although this may seem like a relatively high number, the middle class in South Africa is under extreme pressure, often having to pay double for private services – that is, after paying taxes – such as safety and health care. Consumers in this category are also highly leveraged, paying off bonds, vehicle financing and credit.

FNB data estimates that it takes middle-income consumers across the country just five days to spend up to 80% of their monthly salary. This suggests that the average middle-income consumer, earning between R180,000 and R500,000 a year, survives on 20% of their monthly salary for more than 20 days a month.

Employment and Jobs

EQS data reflects the number of people receiving wages and does not reflect employment/unemployment trends, which are covered by the quarterly Labor Force Survey.

QES data showed total employment fell by 119,000 or 1.2% quarter-on-quarter, from 10,067,000 in March 2022 to 9,948,000 in June 2022. largely by declines in the following sectors: community services (-100,000 or -3.4%), business services (-15,000 or -0.6%), construction (-13,000 or -2 .4%), manufacturing (-12,000 or -1.0%) and electricity (-1,000 or -1.7%).

However, there were increases in the following industries: trade (17,000 or 0.8%), mining (4,000 or 0.9%) and transportation (1,000 or 0.2%).

Total employment increased by 74,000 or 0.7% year-on-year between June 2021 and June 2022.

The last QLFS Surveymeanwhile, shows that the official unemployment rate was 33.9% in the second quarterby 34.5% during the previous reference period, recovering 0.6 percentage points.

The unemployment rate, under the broad definition of unemployment, also fell by 1.4 percentage points to 44.1% in Q2:2022 compared to Q1:2022.


Read: How much do you need to earn to be part of the “middle class” in South Africa

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Repatriation of eleven Ethiopian manuscripts from Johannesburg… https://bungeni.org/2022/09/27/repatriation-of-eleven-ethiopian-manuscripts-from-johannesburg/ Tue, 27 Sep 2022 00:21:24 +0000 https://bungeni.org/2022/09/27/repatriation-of-eleven-ethiopian-manuscripts-from-johannesburg/

Robyn Howes, Steve Delamarter, Kaleab Demeke, Yikunnoamlak Mezgebu Introduction (Yikunnoamlak Mezgebu)

We are here today to witness the repatriation of a collection of eleven manuscripts to Ethiopia. They have been absent from the country for more than sixty years. Ms. Robyn Howes of Johannesburg, South Africa, has owned the collection for six years. She took the manuscripts back to Addis Ababa to hand them over to the National Archives and Library Agency. It is appropriate today that we recount the origin of these manuscripts, how they fell into the hands of a German family in Ethiopia in the 1950s, how they were transferred to South Africa, how they were finally purchased by Mrs. Howes. , and why she wants to return them today to Ethiopia.

Ladies and gentlemen, I present to you Ms. Robyn Howes.

The provenance of the collection with Robyn Howes, 2016 to 2022 (Robyn Howes)

Hello ladies and gentlemen and future researchers. I am the one who is honored to present to you today (along with my colleagues Prof. Delamater, Mr. Kaleab Demeke and dignitaries from NALA (Mr. Yikunnoamlak Mezgebu).

I was born in Durban, South Africa in 1971 and grew up in Pretoria in a large Anglican family. We were raised as part of a Christian church community that had no meaning other than to be immersed in community service and respect for the efforts of others. My parents had always instilled in us children that you are here in the service of

Repatriation by Robyn Howes of eleven Ethiopian Mrs. from Johannesburg to the Ethiopian NALA

others in everything you do. So I moved on with my life as a young adult and progressed into a career in in vitro medical diagnostics that continues to fill my life today. The only thing I kept with me during my young years and throughout my life was a simple bible which was the mark of my small contribution to our community church under construction in Pretoria (South Africa, Corpus Christi Anglican Church ). My brother Vernon Foster is now an Anglican priest and so has been a great resource in understanding the role of bibles and prayer books used during church service, and his reluctance to change using digital platforms.

So I was very surprised at my response when I was presented with the opportunity in 2016 to “take a look” at this bible that my friend Doron Locketz1 had in his library. Doron has always known the particular interests of his customers and always let you have a “first look” at the treasures he had hidden behind his counter. I had already collected rare books about the KoiSan people to keep and give away later. Both Markus Reichardt and I happen to be special collectors. Walking through his little bookstore was like visiting a living museum. During those years (2015 – 2019), I had started to feel like all those precious books and collections would soon disappear and be eternally lost in time. I had the impression that as the older generation died, their children would throw boxes on the doorstep of the bookstore. The number of bookstores has declined rapidly over this very short 5 year period as well as antique collections at an alarming rate.

Read the full story in a PDF format HERE

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’57’ – a film exploring South Africa’s murder rate – Craig Freimond https://bungeni.org/2022/09/26/57-a-film-exploring-south-africas-murder-rate-craig-freimond/ Mon, 26 Sep 2022 11:23:55 +0000 https://bungeni.org/2022/09/26/57-a-film-exploring-south-africas-murder-rate-craig-freimond/

Award-winning South African screenwriter and director Craig Freimond enjoys working in comedy. He is known for films like Gums & Noses, Jozi, Material, Beyond the River and New Material. When a young actor Freimond got to know, Sibusiso Khwinana, the star of the movie Matwetwe, was murdered — over a cellphone — Craig tried to figure out how this random act of violence caused unimaginable sadness. Despite being a trauma counselor at his local police station in Johannesburg and having seen the effects of the country’s endemic crime first hand, Freimond was devastated by Sbu’s death and decided to make a documentary film. to understand why crime in South Africa is so violent. and if anything could be done about it. The result is “57” – a documentary film that attempts to answer the whys and find solutions to the country’s violent crimes. For those who would rather run for the hills than watch a film about violent crime in South Africa – the subject is treated in an entertaining and informative way with solutions offered. Freimond told BizNews he wanted to start a conversation and saw it as a call to action for society to look at the issue of violent crime in a deeper and more meaningful way. –Linda van Tilburg

The comedy was important for viewers to stick with this conversation

One of the problems we have with this movie is that we talk to people about it and they want to run screaming through the hills, rather than watch it. It is quite difficult to explain that this is not the case. Although it is punchy and emotional in places; we didn’t want to do something depressing because then what’s the point? We really decided to do something that hopefully was a little useful and that’s the word I like, because sometimes you can look at something that difficult, but at least it’s useful and in a way that gives hope.

The other reason I wanted to do this is that I generally feel there is a lack of thought on these issues. We’re very bunkered and defended because we think when I say we I’m not necessarily referring to myself, but South Africans are generally very defended on crime issues. So they tend to do it by looking over a barricade, rather than looking at it a bit more holistically or in a different way. We are a strange society in the sense of our ability to reflect on ourselves. If you look at a society like America or the UK, for example, they have multiple levels of thinking from the press to different types of press to television that deconstructs, to humor that deconstructs.

No more prison, no more police, the death penalty is not the solution to crime

This is not the solution. It is never the solution. I think Gareth Newham put it so succinctly when he said, “You can’t get out of a culture of violence by the police.” It just won’t happen. We need to look at the whole thing much more thoroughly, because also, who wants a society that perpetually locks people down? The people who are locked up are also people, brothers and cousins ​​and sons and fathers and mothers. It’s also not a societal thing that you necessarily want. Most people who end up doing these things, it’s not necessarily their choice and the more defended we are as a society because we feel under siege, the less empathetic we are. That’s when the solutions get as violent as, let’s kill ’em, attack ’em, tie ’em up. Bring back the death penalty, stone them. I understand. The more you feel attacked, the more you attack

So the notions of empathy and understanding and how we create a different society become quite difficult to have when you feel attacked. So that’s the difficulty we have. We have a society that feels attacked, that does not feel protected. And therefore their attitude towards criminals or the way they feel about crime is very aggressive and very violent in return. While I think what’s clear is that there are much more compassionate ways to deal with these issues, but they’re more time consuming and they’re kind of longer term. But there are definitely things we should look into. Apparently there’s a growing tendency, even in South Africa, to say that the solution with these things lies much more with people like social workers than with people like the police, because the police can only intervene at the end and deal with the end product, which is the criminal when they should be backed up by systems that really keep people from becoming criminals.

How can we lock down an entire society for Covid, but do nothing against the violent crime virus?

What the hell is going on in our country? What’s going on? How did we come to this? How is it that 57 people can be murdered every day in our country? And how come it’s not an outrage? How is it that our president was able to address us so eloquently because of the pandemic, doesn’t address us every time the crime statistics come out, which killed so many more people that. How come we just accepted this idea that 20,000 people a year will be murdered in this country and no one bats an eyelid anymore. Crimes coming out, I don’t know what we should do, but we should shout; we should scream at the top of our lungs to say that it is not normal that 57 people are killed every day in our country.

I know people died from COVID and it was a terrible thing, but why did it get so much attention? Why could we lock down the whole of society but the virus that’s been in our society all day, every day that’s killing and brutalizing us – nobody even talks about it anymore. I don’t understand that throughout the whole COVID thing, I was like, Wow. So these guys can lock down an entire society. They can ban alcohol; they can ban cigarettes. These people can do almost anything, but they can’t stop gender-based violence and they can’t stop murder and they can’t stop crime. I understand that these are hard things to stop. No one denies it. But where is the drive to stop it? Where is the will to stop it? That’s the thing I don’t understand.

70% of murder victims are interpersonal crimes and they are young men

The other amazing stat from the movie is that 70% of our murders don’t even come from what you would call crime. They come from what they call interpersonal murders, where people argue and have had too much to drink and kill each other like that to me was a staggering statistic that 70% of our murders come from incidents like that.

They are always young men between the ages of 18 and 35. Alcohol is usually involved and there is a kind of argument, a kind of anger. And that also applies to GBV (gender-based violence). We use this term male rage. What is rabies? Rage is often an inability to process emotion. So your girlfriend leaves you, you feel humiliated, you feel betrayed. Whatever that feeling is, it’s not a pleasant feeling for any of us. This feeling; the processes are not there to handle this feeling properly. This feeling becomes rage. Rage becomes violence, and violence can become murder. So there is not a criminal committing this act. He is a normal person who is unable to manage complex emotions. Whenever you see those stories about that person who shot that whole family or that person who stabbed his girlfriend 25 times, you often hear people say he was the nicest guy. We knew him well. He was a lovely guy, until something happened that he couldn’t handle and it turned into murder. Now, if that’s 70% of our murders, then that’s a very, very different conversation.

Local distribution on SABC, but plans to take it to schools and internationally

With movies like this, you’re looking to bring them into the world in any way you can. SABC 3 was one of our partners and it was screened twice in South Africa. But, you know, there’s also load shedding and stuff. So we will look for other platforms to show it. We believe this is something that should be seen across the country, especially among young people. We’re looking at ways to get it to schools, screen it, have discussions about it, and try and try to start a conversation. We need to have this conversation. And yes, conversation is good, but if it ends in conversation, it’s not good. So we’re really trying to use it as a provocation and, I guess, kind of a call to action, to society, to whoever it is, to try to look at these things in a deeper and to try to find solutions that really matter, that are really effective.

We hope to put it on something like Netflix. You know, we talked to them. That’s just the starting point for us but I feel like the film would resonate too, because if you look at the world right now, the rage and particularly the male rage, the gender-based violence; these are not issues specific to us. Our murder rate is very high. Still not the highest, by the way. I think we arrive at seven or eight o’clock. I think South Americans generally tend to be above us, but we’re out there. But I also think the movie would resonate in a discussion around some of these issues, because it’s the same in a lot of places around the world that are going through very similar things, I think particularly kind of I don’t know whether post-COVID or otherwise, there is so much rage.

Read also:

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MPs want Godongwana to address parliament reconstruction budget https://bungeni.org/2022/09/25/mps-want-godongwana-to-address-parliament-reconstruction-budget/ Sun, 25 Sep 2022 11:25:42 +0000 https://bungeni.org/2022/09/25/mps-want-godongwana-to-address-parliament-reconstruction-budget/

MPs want Godongwana to address parliament reconstruction budget

Members want Godongwana to prioritize and provide direction on rebuilding efforts during the Oct. 26 presentation.

FILE: Flames rise from the National Assembly, the main chamber of South Africa’s parliament buildings, after a fire broke out the day before the restart, in Cape Town on January 3, 2022. Photo: RODGER BOSCH/AFP

CAPE TOWN — MPs want Finance Minister Enoch Godongwana to address Parliament’s rebuilding budget when he tables his medium-term budget next month.

Members want Godongwana to prioritize and provide direction on rebuilding efforts during the Oct. 26 presentation.

The Joint Standing Committee on Financial Management received an update on the fire investigation and reconstruction efforts on Friday.

Parliament was forced to continue operating virtually after the devastating fire in January.

LILY: It will cost more than 2 billion rand and three years to repair Parly after a fire

But now MPs want Godongwana to give details on funding for the reconstruction.

ANC’s Bheki Radebe said the sooner MPs return the better.

The joint committee also received assurance from Falcons leader Godfrey Lebeya on the investigation into the fire.

The case of accused arsonist Zandile Mafe is due to go to the High Court in November.

LILY: Parly fire case postponed as Zandile Mafe again refuses to appear in court

]]> Bharathiyar awards return to South Africa after Covid hiatus https://bungeni.org/2022/09/24/bharathiyar-awards-return-to-south-africa-after-covid-hiatus/ Sat, 24 Sep 2022 22:45:03 +0000 https://bungeni.org/2022/09/24/bharathiyar-awards-return-to-south-africa-after-covid-hiatus/

Johannesburg, September 25 (PTI): The annual awards named after famous Tamil poet and freedom fighter C Subramania Bharati, have returned to Siva Gnana Sabay — a religious organization based in Lenasia, south of Johannesburg — after a two-year break forced by the coronavirus pandemic.

The organization has been awarding the prizes since 2007 in September, when South Africa celebrates Heritage Month.

The awards were instituted by the late Guru Marie Pillay, one of the founding members of Sabay, who explained at the time that Bharati or Bharathiar, a contemporary of Mahatma Gandhi, was one of the greatest Tamil poets, a prolific writer , philosopher and a great visionary of immense genius.

“His patriotic songs promoting nationalism, the unity of India, the equality of men and the greatness of the Tamil language have earned him the title of ‘Desiya Kavi’ (national poet),” Pillay said.

The awards are named after an Indian writer, poet, journalist, independence activist and social reformer from Tamil Nadu Chinnaswami Subramania Bharati, better known as Mahakavi Bharathiyar.

Rather appropriately, the theme for this year’s awards was “Heroes of the Covid Pandemic”, as 22 individuals and community organizations received citations for their role in helping their fellow citizens fight the pandemic.

“We received a wide range of nominations for the awards, all from people who had identified the recipients as someone who had helped them in a variety of ways, often putting their own lives at risk during the lockdown,” said Maggie Govinden of the Sabay. , adding that it was difficult to narrow down the shortlist, as there were so many deserving candidates.

In addition to Hindu, Muslim and Christian religious leaders, recipients included ambulance services, doctors, pharmacists, hospitals, funeral homes and a host of civic organizations and individuals who went above and beyond. call of duty despite the risk of ensuring that others affected receive medical care and food.

A posthumous award has been given to Thiru Seeralin Naidoo for the tremendous support he gave to others before succumbing to the dreaded disease himself.

A project launched online during lockdown to provide a platform for artists of all genres, SA Musicians Against Covid has been awarded after attracting millions of followers and participation from artists around the world.

Among the many other recipients was the Saaberie Chishty Ambulance Society, whose research department engaged the Ministry of Health as well as the National Institute of Communicable Diseases and assessed international regulations regarding Islamic burials to develop appropriate procedures for South Africa.

A team of medical experts and religious leaders then compiled a guideline on the standard process for Islamic burials which is now used not only in South Africa, but also in neighboring African countries.

The award from Pandita Lucy Sigaban of SA Hindus was for organizing a seminar to get the government to provide PPE kits to priests conducting funerals and cremation services as it placed a heavy personal burden on them.

The father-son team of Sammy and Shumarlan Naidoo from the Apple Group of printing companies received an award for providing thousands of free copies of a pocket information booklet, which was very well received by people amid the plethora of misinformation during the pandemic.

Father Raymond McQuarrie of St Thomas Church in Lenasia, who received an award alongside Deacon Kenna, said in his many decades of international and local work he had never encountered such a tight-knit community than that of Lenasia. PTI FH CK

(This story is published in the auto-generated syndicate feed. No edits have been made to the title or body by ABP Live.)

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Will personal loans become more expensive in 2023? https://bungeni.org/2022/09/24/will-personal-loans-become-more-expensive-in-2023/ Sat, 24 Sep 2022 14:00:21 +0000 https://bungeni.org/2022/09/24/will-personal-loans-become-more-expensive-in-2023/

Image source: Getty Images

There are reasons to think they might.


Key points

  • Personal loans allow you to borrow money for any purpose.
  • Despite this flexibility, 2023 may not be the best time to pull one off.
  • Borrowing in general could become more expensive in 2023, to stem rising inflation.

If you need money, whether to cover home repairs, renovations or medical expenses, you might be inclined to turn to a personal loan. The advantage of personal loans is that you are not obligated to finance a specific asset, whereas with a mortgage, for example, you can only use the proceeds of your loan to finance the purchase of a house.

Personal loans also tend to offer the advantage of relatively affordable interest rates. And that’s important, because the lower the interest rate on your loan, the less money you spend when you borrow.

But while it’s easy to see the appeal of personal loans, they may not be your best borrowing option next year. Indeed, personal loan interest rates could rise, making these loans a less affordable route than usual.

Discover: These personal loans are the best for debt consolidation

More: Prequalify for a personal loan without affecting your credit score

Why Personal Loan Interest Rates Might Rise

There are different factors that determine the rate you get on a personal loan. One factor is your credit score, and it is an important factor.

Since personal loans are unsecured, that is, they are not tied to a specific asset, lenders rely on your creditworthiness as a borrower when disbursing this money. The higher your credit score, the less risk a lender thinks it takes. And lenders tend to reward low-risk borrowers with lower interest rates.

But another factor that goes into personal loan interest rates is general market conditions. And there are reasons to believe that borrowing will be more expensive across the board next year.

The Federal Reserve has aggressively raised interest rates in an effort to calm inflation and give consumers some much-needed relief. When rates rise, people tend to borrow less money, which could lead to lower spending. And while that might sound like a bad thing, we actually need to slow down spending a bit so that supply chains can catch up with demand and prices can come down.

But while higher borrowing rates can help slow the pace of inflation, they are likely to make life harder for consumers, including by leading to higher monthly loan payments. And so that’s a good reason to potentially avoid a personal loan next year. Signing one could mean paying a lot more interest than usual.

Other borrowing options to consider

Although personal loans can be quite affordable, next year you could pay more. And so, if you’re a homeowner, it pays to compare personal loan rates to home equity loan rates and see which option gives you the most competitive borrowing.

Many people are sitting on large amounts of equity in their homes since property values ​​are rising nationwide. And so if you’re in this boat, it’s worth seeing if a home equity loan will result in lower monthly payments than a personal loan.

On the other hand, if you don’t own a home, a personal loan could really become your most affordable bet in 2023 – even if you’re stuck with a higher rate through no fault of your own.

The Ascent’s Best Personal Loans for 2022

Our team of independent experts have pored over the fine print to find the select personal loans that offer competitive rates and low fees. Start by reviewing The Ascent’s best personal loans for 2022.

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What happened on September 24? https://bungeni.org/2022/09/24/what-happened-on-september-24/ Sat, 24 Sep 2022 07:28:35 +0000 https://bungeni.org/2022/09/24/what-happened-on-september-24/

Here is an overview of what happened this day, September 24, across the world and South African history. We remember news, events and people who have influenced the course of history forever.

TODAY: SEPTEMBER 24

1995 | The first celebration of National Heritage Day involves South Africans celebrating their cultural traditions within the larger context of the great diversity of cultures, beliefs and traditions that make up the South African nation.

1996 | President Nelson Mandela posthumously awarded Enoch Sontonga, composer of “Nkosi, Sekel”, the Gold Award for Distinguished Service.

2019 | An impeachment inquiry has been opened by the United States House of Representatives against President Donald Trump.

2015 | Around 1,100 people have been killed and 934 others injured after a stampede during Hajj in Saudi Arabia.

2014 | The Mars Orbiter mission made India the first Asian nation to reach Mars orbit, and the first nation in the world to do so on its first attempt.

READ ALSO : What happened on September 23?

ANNIVERSARIES

1966 | Indian voice actor, Rajesh Khattar.

1991 | Italian footballer, Maximiliano Uggè.

1957 | South African singer and songwriter, Sibongile Khumalo died in 2021.

1922 | American director, producer and screenwriter, Bert I. Gordon.

1972 | English actress, Kate Fleetwood.

THIS DAY

2016 | American accordionist and conductor, Buckwheat Zydeco, 69 years old.

1978 | American journalist and author, James Bassett, 66.

1976 | Ghanaian composer and pedagogue, Philip Gbeho, 72 years old.

2002 | American football player, Mike Webster, 57.

2013 | American football player and coach, Paul Dietzel, 89 years old.

SPORTS

1957 | Barcelona opened the Camp Nou that day with a 4-2 friendly victory against a selected team from Warsaw.

ENTERTAINMENT

2021 | On this day in the United States “Dear Evan Hansen” was first published.

AFRICA FACT

Uganda’s largest export cash crop is coffee and its economy is largely based on agriculture.

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African leaders and global partners pledge urgent cooperation to avert food security crisis | African development bank https://bungeni.org/2022/09/23/african-leaders-and-global-partners-pledge-urgent-cooperation-to-avert-food-security-crisis-african-development-bank/ Fri, 23 Sep 2022 22:31:34 +0000 https://bungeni.org/2022/09/23/african-leaders-and-global-partners-pledge-urgent-cooperation-to-avert-food-security-crisis-african-development-bank/

African leaders and governments in Europe, Asia and the Americas on Tuesday pledged to act “urgently, at scale and in concert” to respond to the ongoing food insecurity and nutrition crisis that is takes place in the world.

The leaders, representing the African Union, European Union, United States, Spain, Colombia, Germany, Indonesia and Nigeria, issued a joint statement at the World Food Security Summit to affirm their commitment. Leaders also noted that overcoming global food insecurity would require innovative partnerships involving a wide range of key actors in the global community.

The event took place on September 20 on the sidelines of the 77e session of the United Nations General Assembly in New York.

Senegalese President Macky Sall, chairman of the African Union, said around 800 million people are currently going hungry, an increase of 150 million since the start of Covid-19, according to a recent FAO report.

“When a crisis of this magnitude hits the world, every country suffers,” President Sall said. He added that the situation has worsened due to the war in Ukraine, which has caused a sharp rise in food and fertilizer prices.

He warned against imposing trade restrictions. “What is urgent today is to work together to ensure the openness and transparency of grain and fertilizer markets so that all countries can access them in accordance with the rules of international trade”.

Sall praised the African Development Bank for the rapid launch of its $1.5 billion investment African Emergency Food Production Facility to avert an impending food crisis. The Bank facility will facilitate the production of 38 million tons of food, representing a $12 billion increase in production in just two years.

As of July 2022, the Bank’s Board of Directors had approved a cumulative blended financing of $1.13 billion for 24 African countries under the Facility.

German Chancellor Olaf Scholz called on governments, the private sector, the research community and civil society to join the Global Alliance for Food Security, an initiative launched by the world’s most developed economies (G7) and the Bank world in May.

Sholz, current G7 president, warned that climate change was likely to worsen food insecurity, demanding a response. “It is essential that at COP27 in Egypt in two months, all countries have the political commitment and momentum for ambitious climate action…we need to see action now,” he said. .

US Secretary of State Anthony Blinken has called on wealthy countries to provide more emergency food aid to those in need.

He stressed: “We need to strengthen global food systems and help countries develop the capacity to produce their own food so that we can prevent new crises and build resilience to new shocks… We need production sustainable agriculture. We must respond to the emergency, but we must also be part of the long term.

In their joint statement, the leaders highlighted seven actions set out in the Roadmap for Global Food Security, A Call to Action, which emerged from the Food Systems Summit held in 2021. These include:

  • Keep markets for food, fertilizers and agricultural products open and avoid unjustified restrictive measures, such as food and fertilizer export bans, which increase market volatility and threaten food security and nutrition in the global scale.
  • Accelerate support for sustainable agricultural and food systems by boosting productivity, particularly in the most affected countries, to build their resilience and boost national production, including by supporting a fair and equitable energy transition to make them more resilient and available for producers of all sizes, including smallholder farmers.
  • Increase investment in research and technology to develop and implement science-based and climate-resilient agricultural innovations, including seeds, that contribute to building sustainable and resilient agricultural and food systems.

Click on here to read the full statement

President Adesina participates in the session of the United Nations General Assembly, which takes place under the theme: A Watershed Moment: Transformative Solutions to Interrelated Challenges.

The Bank President is expected to meet Dr. Tedros Adhanom Ghebreyesus, Director General of the World Health Organization and Raj Shah, Chairman of the Rockefeller Foundation. He is also expected to attend the Nigeria International Economic Partnership Forum, an international business investment conference.

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These are the most in-demand job skills in South Africa right now https://bungeni.org/2022/09/23/these-are-the-most-in-demand-job-skills-in-south-africa-right-now/ Fri, 23 Sep 2022 14:01:21 +0000 https://bungeni.org/2022/09/23/these-are-the-most-in-demand-job-skills-in-south-africa-right-now/

Jobs Portal CareerJunction published its Employment Insights for August 2022, highlighting the most in-demand job skills in South Africa right now.

The report is based on comprehensive data collected from Saongroup South Africa – where around 5,000 of the country’s top recruiters advertise their positions to millions of registered job seekers.

According to the index, hiring activity continued to climb in August, trending well above levels seen a year ago.


Jobs in demand

CareerJunction highlighted increased hiring activity in the finance, business management and IT sectors. In each sector, several positions were advertised more frequently:

Finance +9%

  • Financial or project accounting
  • Payroll and wages
  • Accounts payable or receivable
  • credit management
  • Analytical and management accounting
  • Purchasing and Supply
  • Account bookkeeping
  • Financial analysis
  • Internal Audit

Computer science +8%

  • Software development
  • Systems analysis
  • Technical or business architecture
  • Administration or IT project management
  • Database design or development or administration
  • Data analysis or data warehousing
  • Business analysis
  • System or Network Administration

Business and management +5%

  • Intermediate or departmental management
  • Business development
  • Staff recruitment or selection
  • General Management or Director
  • Consulting in infrastructure or operations
  • Team Leader and Supervisor
  • The senior management

The group said there had been no significant drop in hiring activity for any of the sectors it assesses. However, he noted an increase in the number of candidates applying for jobs from the design, media and arts sectors, as well as those in the fields of education and health.

“There was an increased need for medical personnel in 2020 as a result of Covid. Most provinces are showing reduced recruitment activity for medical personnel since the end of the pandemic,” the group said.

Most of the hiring activity is taking place in Gauteng (54%), he said, followed by the Western Cape (21%) and KwaZulu Natal (11%). Notably, hiring activity in international markets remains at 3%.

Gauteng and the Western Cape have a notable increase in hiring activity for the manufacturing and assembly sector – although this is down in KZN. The Western Cape is also experiencing increased demand for warehousing and logistics candidates.


Architecture and Engineering

The job portal has noted a significant growth in employment opportunities in the architectural and engineering sectors in South Africa.

Most of the hiring activity for these sectors is in Gauteng and KwaZulu Natal, with employers looking for candidates with a higher education (diploma or higher).

Rare skills in this sector include:

  • agricultural engineering
  • Biomedical genius
  • electronic engineering
  • Civil / structural engineering

Some market-related salaries offered for the most in-demand skills include:

  • Mechanical engineer – R45.319 to R60.304
  • Electrical Engineer – R37.526 to R47.778
  • Industrial engineer – R26.351 to R34.864

Read: Ultra-wealthy South Africans are abandoning Joburg, Cape Town and other big cities

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