Education in South Africa

Basic education includes primary and lower-secondary education (the first nine years), and is a powerful driver of human well-being. This level of learning enhances human capabilities by providing fundamentals (e.g. literacy and mathematics), cognitive skills and general knowledge (e.g. health and hygiene). These enhancements increase productivity and economic growth. Equally relevant, improved basic education leads to changes in demography and social values that enable wider improvements in health, welfare and governance. Funding education is a near-certain positive investment in economic and human development.

This having been said, our children, siblings, relatives the list goes on, have all worked very hard in their studies the first part of this year and are currently enjoying the true benefit of doing so “resting” for he who works hard shall rest well because it is a well deserved rest. This resting period however will soon end as they have to finish of what they have started this year for many in July. Tuition fees will soon be knocking on our doors and Mukuru.com will guarantee the timely, convenient, safe, no hustle arrival of these into the respective accounts.

Help improve the country by paying attention to the children.

A society is measured by the quality of life it affords its children. About 18.5 million of South Africa’s present population of approximately 52.98 million people are children, 9 million of whom are girl children. The majority of these children live in different degrees of want: lack of shelter, food, clothing, proper education etc. Because of unemployment, poverty, crime, child abuse their lives are in constant state of uncertainty and insecurity; hardship and suffering; neglect and little time for fun and enjoyment.

Children need to be children here and now. They cannot be the future unless they live lives of children when they’re children. In fact, if children cannot be children when they are children, they will negate the very future they are supposed to be. Children need an environment that will provide good health, safety, fun and enjoyment and the stimulus to learn and assist in the creation of the very environment they need to grow up as children and good citizens. It is only if they are first and foremost good citizens, can they be leaders

In South Africa there are 7 million girls and 7 million boys under 14 years, which means children of this age make up 29.2% of the total population. The literacy rate amounts to 86.4%, which means that 13.6% of the population can’t read or write properly, which excludes the concerned individuals from a lot of different opportunities and activities.

The average South African young person goes to school for 13 years, which means he/she doesn’t receive further education after high school. 96% of children of the age between 0 and 17 attend an education facility. What are the other 4% of them doing? 3 in every 5 of children younger than 17 are living in poor households with a total income less than R1200, mostly in rural areas. Every fifth child in SA suffers from hunger and under-nutrition.

4 out of 10 children have to travel more than 30 minutes to the nearest clinic, which can jeopardize their in a cruel situation. 1 in 20 infants dies before their 1st birthday. Half of our children younger than 17 don’t have access to clean, reliable water supply in their house or yard. % million South Africans are infected with HIV, every single day 1000 of them die. 1 in every 3 children younger than 17 lives in informal housing. South Africa was ranked the country with the second highest crime rate in the world by the United Nations. Everyday 3 children get killed, mostly by perpetrators out of their close social environment.

Sending money to any charity organization, could make a huge difference in improving the stats mentioned above and thus making a better South Africa.

Worthwhile reasons to take a financial look at South Africa.

South Africa is a country filled with diversity and opportunity. More and more people are coming to see this country, at the southern tip of Africa, as a great place to invest their money. Why? Over time South Africa has proved itself to be developing a dynamic emerging market economy and an attraction of one of the biggest tournaments on the planet the 2010 FIFA World Cup which brought so many nations of different colors together.

South Africa’s economy presents foreign investors with an abundance of opportunities in all sectors. However, certain sectors do take the lead in growth potential. These include Agriprocessing, Automotive, Fishing, Bankingn and financial services, Mining and minerals, Chemicals, Property, Textiles, Tourism and Telecoms. South Africa’s stock market is ripe for investment and the government has certainly done much to promote investment from other countries. There are many excellent reasons for doing this.

One reason is the healthy business and legal environment. South Africa has a well-developed legal framework in matters relating to labor and commerce. They have adopted international standards regarding patents, trademarks, competition, copyright and disputes. Banking regulations are amongst the greatest in the world and banking facilities are of high standard. Another matter to consider is South Africa’s economic policies. Various new policies have been put in place so as to produce a macro-economic environment that is very stable. The Reserve Bank of South Africa is completely independent from the country’s government and has implemented programs to stabilize interest rates and other important elements.

Shall we consider another good reason for financially investing in this country. Yes. South Africa has entered into several free trade agreements and has introduced a reduction in tariffs. These trade agreements include the SA-EU Free Trade Agreement and SADC Free Trade Agreement. Additionally, South Africa provides good access to various markets, both by sea to the South Atlantic and Indian Oceans as  well as on land through the rest of Africa. Surveys have revealed that South Africa is one of the least expensive places, with excellent facilities, in the world to do business. Certain reports have also stated that South Africa ranks amongst the top countries for ease of doing business.

This here just gives out a few pointers as to why South Africa is good soil for investment. And if this here does quench your insight thirst and makes you turn your eyes to South Africa investment-wise then Mukuru.com is more than waiting to make channeling your finances to this wonderful country effortless.

 

 

 

 

Safety measures on investments in South Africa

The south African Government wants to tighten a number of financial service laws  which is controlled by the Financial Service Board (FSB). This is in the hopes of giving the (FSB) greater power and authority to investigate and take actions when it believes that peoples savings are under threat.

Stricter penalties , which include R10million and or a maximum of 10 years in prison are on the cards for institutions that attempt to undermine your savings unlawfully. This legislation comes in the wake of ongoing scandals involving the alleged plunder of retirement fund savings by employers, trade unions and even fund service providers such as administrators and asset managers, and other financial scandals.

the draft legislation proposes that , for the first time , such as those of pension funds and long and short term insurance be granted the power to appoint any suitable person to investigate the affairs of a financial service provider.

this makes savings and investments in south Africa a lot more safe, you are guaranteed that your intrest’s are being taken care of and that new laws to safe guard your savings are being  implemented daily. if you would like to send your savings to South Africa or have investments you want to make you can do so with ease with Mukuru.com

Listing on the Stock Exchange

Entrepreneurs like Mark Zuckerberg of Facebook fame are expected to billions when they make their initial public offerings for their companies. According to data from the United States, April was the busiest month for companies filing for IPO’s ,  showing that entrepreneurs are fee .

Johannesburg is one o f the worlds leading financial centers. It produces 16% of south Africa’s gross domestic product and is the economic and financial hub of the nation. The JSE )johannesburg stock exchange is the biggest in Africa.The JSE had an estimated 472 listed companies  and a market capitalism of US $182.6 billion as well as a monthly trade value of us$6.39billion.

If you are thinking of investing is shares south African companies are a good place to begin, there is so much growth potential in the JSE. If you are living in the EU or the UK and are looking for a means of investing in south Africa why not consider using Mukuru.com as it allows low as well as high value money transfers safely to south Africa.

China making its mark in South Africa?

A leading car manufacturer First Automobile works (FAW) signed a 100 million US dollar contract earlier this week with the Coega Industrial development Zone based in the Eastern cape. The initial  cost of construction for the plant is estimated at R200-million,and is expected to produce 500-800 jobs, with  the production of 5000 trucks. It seems China has it’s finger in every pie!

While in downtown Johannesburg The China city malls , run by the Chinese has created booming business for taxi owners and employment for hundreds of job seekers in Joburg a well as all over south Africa .

According to a lot of women who have identified themselves as cross boarder traders, apart from creating jobs for people in South Africa the Chinese are helping a lot of cross boarder traders to feed their families across the SADC region.The Chinese have become a major source of commodities and trade in the region.

In March 2008 the industrial and commercial bank of China purchased a 20% stake in Standard Bank for US $5.64 billion , a very large and significant investment .there are many other investments

that China has made into south Africa .

There is one indisputable fact that the Chine

se bring employment and technology ,the question is at what cost? What do the Chinese get in return because they must surely be getting something out of it?

What is south Africa exchanging for this important , and very relevant  trade? I guess only time will tell whether it was really worth it!