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South African eases inflow of travelers for business growth

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South African Home Affairs Minister Malusi Gigaba on Tuesday announced measures to ease movement of people into the country to stimulate economic growth.



Gigaba made the announcement on Tuesday in Pretoria at a news briefing.

This follows the announcement by President Cyril Ramaphosa, earlier that South Africa would change the visa regime to make it easier for tourists to visit the country to reignite economic growth.

“We are simplifying visa requirements for countries such as China and India.

“This will make provision for taking bio-metrics on arrival in South Africa, allowing visa applications via courier services.

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“This should be in place by October 2018,’’ said Gigaba.

Gigaba pointed out that tourists create and sustain jobs in the country, and migrants bring critical skills like investors, doctors and researchers.

He said, “Easing movement in this manner will help in attracting larger numbers of tourists, business people and families.

“In order to further ease movement of travelers, for purposes of tourism, business meetings and academic exchange, we have implemented long term multiple entry visas for frequent travelers’’.

A three-year multiple entry visas for frequent trusted travelers to South Africa are being granted.

There is also a 10-year long term multiple entry visa for business people and academics from Africa.

South Africa is also in the process of easing travel restrictions for people from Nigeria, Kenya and Uganda among others.

The country is also trying to guard against the risk of few travelers who come to the country to commit organised crimes and terrorism, said Gigaba.

He said, “It is a challenge inherent in immigration management to detect, prevent and act against these risks without unduly inconveniencing law-abiding travelers’’.

The home affairs minister said foreign students who graduate in the country with critical skills categories are offered an opportunity to apply for permanent residence or critical skills visa. The skill list will be implemented in April 2019.

South Africa is also putting measures in place to ease travel for visitors from BRICS countries.

Gigaba said, “Business people from BRICS countries who require visas (China and India) are issued a 10-year multiple entry visa, within five days of application.

“They do not need to apply in person and can use courier services. This arrangement is meant to attract business people and prospective investors’’.

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Zimbabwe’s Airline, Kenya’s Bond to Be Sold

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Kenya Central Bank has said the country will in November sell 20-year amortised infrastructure bond worth 50 billion shillings ($489 million) just as Zimbabwe pushes to privatise airline.



The the bond which will have an 11.95 per cent coupon will have its proceeds used for road, water and energy projects, it said.

It added that it would accept bids for the bond from Monday to Tuesday and auction it on Wednesday. ($1 = 102.1500 Kenyan shillings).

Also Zimbabwe has invited bids for the state-owned airline.

President Emmerson Mnangagwa’s government is pushing ahead with a drive to privatise and end state funding to loss-making firms, Air Zimbabwe’s administrator said on Monday.

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Air Zimbabwe, which owes foreign and domestic creditors more than $300 million, was in October placed into administration to try and revive its fortunes.

The troubled airline is among dozens of state-owned firms, known locally as parastatals, that are set to be partially or fully privatised in the next nine months as the government seeks to cut its fiscal deficit seen at 11 per cent of GDP this year.

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Air Zimbabwe administrator Reggie Saruchera said in a notice published in media on Monday that potential investors should make their bids before November 23 after paying a non-refundable deposit of $20,000.

Saruchera did not indicate whether investors would be allowed to tender for partial or total shareholding in Air Zimbabwe. He was not immediately reachable for comment.

Only three of Air Zimbabwe’s planes are operational, with another three grounded, which has forced it to abandon international routes.(NAN).

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South Africa: Durban Business owners blames zero jobs on economy.

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Managers and owners at some retail stores in Durban have blamed the block to job creation on shrinking economy.

In a study of 20 stores, most of those surveyed said they would not employ more people even if the national minimum wage was scrapped or if labour laws were changed to make it easier to dismiss people.



The national minimum wage is R3500 per month or R20 per hour.

However, if businesses could increase their turnover, they would consider hiring more staff.

According to those surveyed, there is no money to hire additional staff.

“Educate people, build schools, train youth,” they said.

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To boost job creation, shop owners called on the government to invest more in small businesses, which would help them to employ more staff.

David Shapiro, an economist at Sasfin Securities, said people needed the dignity of having a job.

However, the unemployment rate is at 27.2% with an increasing number of people losing their jobs.

Shapiro agreed the government needed to do more to get the economy moving.

He pointed to government institutions as the key players in turning the economy around.

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“We need a government that serves the population instead of feeding off it.

“In order to grow our economy and create jobs, stable pillars are needed.

“Good institutions like schools and home affairs is where it starts,” he said.

Dawi Roodt attributed technology as a huge problem in the country, “the more we move to digital and technology, the more the need for manual labour diminishes”.

Roodt said the country did not have enough qualified and skilled workers, because of an education system that did not equip its people.

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