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NEWS : Government's strategic to the Construction Mafia

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Deputy Minister of Finance, Ashor Sarupen, has outlined a three-pronged government strategy to counter the escalating disruptions to construction sites by criminal groups. These disruptions threaten the gains made in transforming South Africa into a vibrant construction hub. The strategy focuses on public procurement reform, public-private partnerships (PPPs), and infrastructure investment. Sarupen emphasized that these disruptions are not merely operational challenges, but a stress test for South Africa's economic governance, exposing vulnerabilities in institutional frameworks and socio-economic fractures within communities. GOVERNMENT'S THREE-PRONGED STRATEGY TO COMBAT CONSTRUCTION MAFIA. The full article can be read on BIZCOMMUNITY follow our Whatsapp channel  here  for more hardhatREVIEWS.
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REVIEW : 5 Countries Are Responsible for Half of Africa’s GDP

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In 2024, Africa's gross domestic product (GDP) stands at $2.8 trillion, representing the combined economic output of its 1.4 billion people. However, this productivity is unevenly distributed.

The "Big Five" African economies—South Africa, Egypt, Algeria, Nigeria, and Ethiopia—account for a combined GDP of $1.4 trillion. This group comprises 569 million people, roughly 44% of the continent's population. In contrast, the remaining 48 countries in Africa collectively contribute another $1.4 trillion to the continent's GDP.

It's worth noting that the Big Five economies exhibit economic disparities among themselves.

The full article can be read on VISUAL CAPITALIST follow our Whatsapp channel here for more hardhatREVIEWS.

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