Tag: job creation
Rwanda recognizes the creative industry as a key component of the country’s economic development and job creation, especially for the youth. It is estimated that the industry generate about $2.25 trillion in revenue and 29.5 million jobs globally. However, Africa gets less than 5 per cent of that share. And now, two entrepreneurs have built a new platform for creatives in Africa. Raoul Rugamba, Managing Director of Hobe Agency joins CNBC Africa for more.
According to latest data from the Controller of Budget in Kenya 25 of the 47 counties spent nothing on development in the first quarter to September, hurting job creation and infrastructure projects in the devolved units. This is a 45 per cent drop compared to the $34.6 million governors spent on development activities in a similar period a year ago. Also, commercial banks are on course to post another full-year of double-digit growth in profits. Moreover, Kenya’s first green bond started trading on the Nairobi Securities Exchange for the first time. Reginald Kadzutu, Economic Analyst joins CNBC Africa for more.
Tech entrepreneurs play a vital role in developing economies as they respond to the real demands of economic job creation and opportunities. For more on how African tech entrepreneurship can be enhanced and utilised effectively to benefit the economy, James Hedley, Founder of Quicket joins CNBC Africa.
The South African unit of Ford Motor Co said on Wednesday it would hire an additional 1,200 staff at one of its local assembly plants.
Nigeria recorded a National Unemployment rate of 23.1 percent for the third quarter of 2018 according to the National Bureau of Statistics. Bobboi Kaigama, President of the Trade Union Congress joins CNBC Africa to assess the government’s efforts at job creation ahead of the World Labour Day.
Felix Nwabuko, Managing Director of Presco says the choice of this year Alaghodaro Summit to focus on education, job creation and healthcare will add value to businesses in Nigeria's Edo State. He discussed this and more with CNBC's Wole Famurewa on the side-lines of the Alaghodaro Summit.
Does anyone know if Silicon Valley costs us more than it gains us?