Transformation of Economy

South African President Jacob Zuma said in January that the African National Congress is committed to transforming the economy so as to eliminate poverty, unemployment and inequality in the country. Zuma said his party is fighting hard to remove the legacy of apartheid, and decisive action is required to change economic patterns. South Africa is facing daunting challenges in poverty, unemployment and inequality. The government established a National Development Plan in 2012 to address these challenges.

Africa

Quality of Living Survey

The Gabonese capital Libreville is ranked 13th in Africa in terms of the quality of life, and it was ranked first in Central Africa, a U.S human resource firm, Mercer, said in a recent report. The survey was based on the detailed evaluation of 39 elements of quality of life which were grouped into 10 categories that include political and social environment, economic and socio-cultural environment, public transport services, urban infrastructure, leisure spots, consumer goods and housing.

Africa

High Consumption Rate

A recent study has revealed that increasing levels of consumerism have made Africa a main attraction for many multinational companies looking for a good return on investment. The report released by the Mckinsey Africa Consumer Insights Center cites a sizeable number of investments targeting household consumer-related products and services over the last decade. According to the report, the African consumers have been spurred on by the growing appeal of apparel, financial services, grocery, Internet and telecommunications services.

Kenya

Overseas Athletics Director

Kenya would employ a foreign technical director to oversee the coaching and officiating of its athletics program amid stiff competition from its opponents in long and middle distance racing, said Athletics Kenya (AK) Chairman Isaiah Kiplagat in January. Kiplagat said the position, which is also open to local coaches, will be filled by April. After registering dismay at the country's dismal showing at last year's Olympics, Kenya is waking up to improve its structure, which will also culminate with the election of a new AK executive in February.