In SA we are overwhelmed by bad news, but there is another narrative, fact-based, of the positive contribution made by both the private and the NGO sector and those who are determined to ensure that SA does not fail. With the support of Discovery, at www.sagoodnews.co.za we tell these stories, every day, in 10 different portals.
Our message – a positive, balanced and informed narrative. Our mission – fact-based belief and hope.
Below the US News & World Report’s Best Global Universities rankings in 100 selected countries have revealed which of South Africa’s universities are the very best of the best.
The list breaks down the Best Global Universities rankings by region, country and subject, aimed at helping applicants choose the best institution.
The rankings are based solely on institutions’ overall academic research and reputations. Which means undergraduate or postgraduate programmes are excluded from the comparison.
According to data presented by Stocklytics.com, the global wealth growth rate has practically halved in the past decade, falling to only 4.5%.
Only the United States and Hong Kong Beat the Negative Trend with a 2% and 1% Higher Wealth Growth
According to the UBS 2024 Global Wealth Report, global wealth growth has significantly cooled compared to the previous decade. Between 2000 and 2010, the average annual growth was 7%. However, this figure has plunged to only 4% from 2010 onwards. Although wealth growth is far from uniform, most surveyed countries saw a similar decline.
TOTAL = R8700 (not included in GINI co-efficient calculations)
*My conservative estimates of ‘value’.
Factor those numbers in and the picture changes dramatically. To suggest, as the GINI co-efficient does, that India’s co-efficient @ .32 is ½ SA’s @ .63 is not probable!
However, several sectors experienced declines in employment:
NOTE: these “Official” figures are based on PAYE and UIF returns, they take no account of the +/- 8 million jobs in the Informal Sector which has an annual turnover of +/- R 1 trillion, roughly 25% of GDP. The “Official” unemployment figure of +/- 32% does not reflect actual unemployment.
In 2011, 45,866 citizens returned (46.2% were male and 53.8% female), but by 2022, the returns had dropped to 27,983 (with an equal split between male and female).
In 2022, whites accounted for 52.9% of returnees, black Africans for 37.1%, coloureds 4.9%, Indians/Asians 4.6%, and “other” for 1.9%.
“A very large percentage are actually buying homes in Gauteng, and in the northern suburbs of Johannesburg in particular,” said O’Hagan.
“We receive enquiries daily from South Africans of all ages who have been living and working abroad, sometimes for many years, but are now returning to Johannesburg to take up new corporate jobs or to establish new businesses.”
“Most are highly skilled individuals with years of experience, which is a benefit to SA,” O’Hagan said.
Some of the reasons for coming back include:
Source: https://businesstech.co.za/news/property/743361/emigration-is-shifting-in-south-africa/
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |