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After the final - Interview on South Africa’s soccer World Cup with Nhlanhla Musa Nene, Deputy Minister of Finance

In 2010 South Africa became the first African country to host the FIFA soccer World Cup, which is one of the biggest global sporting events on earth. Was it a triumph and what lessons could be drawn?




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South Africa shows good progress on environment, must keep up pace

In the two decades since apartheid ended, South Africa has made impressive strides to catch up with – and in some cases surpass -- the developed world’s environmental standards.




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Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.




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African countries need to tap global markets more effectively to strengthen their economies, says new African Economic Outlook

By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.




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Self-assessment of South Africa's investment regime in relation to the OECD Codes of Liberalisation and the principle of National Treatment

This self-assessment report looks at South Africa's investment regime in the light of the OECD Codes of Liberalisation and the principle of National Treatment.




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OECD Employment Outlook 2014 - Key findings for South Africa

The South African labour market continues to perform poorly compared to OECD and other G20 countries, and the global financial crisis appears to have worsened the situation.




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A Skills Beyond School Review of South Africa

Vocational education and training (VET) programmes are facing rapid change and intensifying challenges. How can employers and unions be engaged? How can workbased learning be used? This country report on South Africa looks at these and other questions.




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Job Creation and Local Economic Development in South Africa

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Water Resources Allocation: South Africa Country Profile

Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.




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Africa: making growth more inclusive hinges on unlocking potential of local economies, says the African Economic Outlook 2015

With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.




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Mr. Angel Gurría, Secretary-General of the OECD, in South Africa on 16-17 July 2015

The Secretary-General was in Pretoria to present the 2015 OECD Economic Survey of South Africa and hold meetings with several high-level officials. He also participated in a meeting on the OECD’s New Approaches to Economic Challenges (NAEC) initiative.




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An inclusive South Africa needs more investment and jobs

South Africa has made impressive social progress over the past two decades, lifting millions of people out of poverty and broadening access to essential services like water, electricity and sanitation.




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Education at a Glance 2015: South Africa

The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.




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Private hospital prices in South Africa are expensive for citizens

Price levels for private hospital services in South Africa are comparable to the levels observed across OECD countries. But they are higher than what could be expected given the country’s income, according to a new OECD working paper.




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Rising tax revenues are key to economic development in African countries

Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa. In 2014, the eight countries covered by the report - Cameroon, Côte d’Ivoire, Mauritius, Morocco, Rwanda, Senegal, South Africa and Tunisia - reported tax revenues as a percentage of GDP ranging from 16.1% to 31.3%.




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OECD Employment Outlook 2016 - Key findings for South Africa

Growth in South Africa remains subdued but is projected to pick up modestly in 2017. This is expected to lead to some improvement in both the employment and unemployment figures.




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Environmental taxes: Key findings for South Africa LINK

This country note provides an environmental tax and carbon pricing profile for South Africa. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.




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South Africa: Find new ways to boost growth and job creation

The South African economy has registered tremendous progress over the past two decades, boosting living standards and lifting millions out of poverty nationwide.




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Estimating Publicly-Mobilised Private Finance for Climate Action: A South African Case Study - Environment Working Paper

This study analyses publicly-mobilised private finance for climate action in South Africa, between 2010 and 2015. The mobilisation effect of public climate finance on private finance is estimated through an analysis and attribution of project-level co-finance data. A pilot-methodology then expands the analysis to also incorporate the mobilisation effect of financial support in two sectors: renewable energy and energy efficiency.




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Taxing Energy Use 2018: Key findings for South Africa

This note describes the taxation of energy use in South Africa. It contains the country’s energy tax profiles, followed by country-specific information to complement the general discussion in Taxing Energy Use 2018 (OECD, 2018).




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Taxation of household savings: Key findings for South Africa

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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South Africa and the OECD

Since 2007, South Africa is one of the OECD's five Key Partners.




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Effective carbon rates: Key findings for South Africa

This country note for South Africa provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).




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Good jobs for all in a changing world of work: The new OECD Jobs Strategy – Key findings for South Africa

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.




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Taxing Energy Use: Key Findings for South Africa

This country note explains how South Africa taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Revenue Statistics Africa: Key findings for South Africa

This country note for South Africa provides detailed information on the evolution of the tax-to-GDP ratio since 2000, the structure of tax and non-tax revenues in 2017, and a comparison of the tax-to-GDP ratio as well as non-tax revenues as percentage of GDP with 26 African countries. Main results are also compared with the three regional averages (African (26), LAC and OECD).




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Nayanthara Celebrates her Birthday with boyfriend Vignesh Shivan

Nayanthara has celebrated her 35th birthday with her boyfriend Vignesh Shivan in Miami.




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After immense criticism, Karnataka government resumes Shramik train services from Friday

As the train and bus services were completely called off, most of the workers have started to walk all the way back from Bengaluru to their home in Bihar.




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Yash's Googly girlfriend says pole dancing is my favourite form of workout

Kriti Kharbanda, who hogged the limelight with Yash's Googly, has shared a video showing her pole dancing skills on Instagram.




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Family-friendly policies a key driver of economic growth

The family-friendly policies introduced by Nordic countries over the past 50 years and associated increases in female employment have boosted growth in GDP per capita by between 10% and 20%, according to a new OECD report.




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'Alia Bhatt looks so Bacchi in Underwear': KRK's nasty comment ignites boyfriend Sidharth Malhotra (Throwback)

In 2016, Kamal R Khan dropped some nasty comments on Alia Bhatt's bikini pictures that ignited her then-boyfriend Sidharth Malhotra.




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Did you know madly-in-love John Abraham wanted to marry then-girlfriend Riya Sen but she refused?

Before Bipasha Basu, Bollywood hunk John Abraham was head over heels in love with Riya Sen.




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Irrfan Khan used to feel happy to be surrounded by his family and close friends: Imraan Hasnee

Imraan Hasnee knew Irrfan for the past several years and had to seek special permission to be able to remain physically at the actor's funeral.




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South Africa Employment Rate

Employment Rate in South Africa remained unchanged at 42.40 percent in the fourth quarter of 2019 from 42.40 percent in the third quarter of 2019. Employment Rate in South Africa averaged 43.16 percent from 2000 until 2019, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 41 percent in the first quarter of 2004. In South Africa, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - South Africa Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Algorithms and competition: Friends or foes?

This article by OECD's Antonio Capobianco and Pedro Gonzaga focuses on whether algorithms can make tacit collusion easier, both in oligopolistic markets and in markets which do not manifest the structural features that are usually associated with the risk of collusion. It was published in the August 2017 edition of the CPI Chronicle.




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Workshop on Australian Pecuniary Penalties for Competition Law Infringements

Sydney, 26 March 2018: This workshop presented the results of an OECD review of the Australian Pecuniary Penalties for Competition Law Infringements while launching a debate among Australian and international experts from a variety of backgrounds.




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Pecuniary Penalties for Competition Law Infringements in Australia 2018

Competition authorities have imposed substantial fines for competition law violations over the last few decades and it is an international consensus that monetary sanctions against corporations are essential to deter anticompetitive conduct.This report compares Australia's competition sanctions regime to that of a number of other major OECD jurisdictions.




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Designing Skill-Friendly Tax Policies

The tax code can affect incentives to invest in education and training by influencing the costs and benefits of these investments. This can be the case for individuals through the income taxes and social security contributions they pay, and for companies through their corporate taxes and employer social security contributions.




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Regional meeting in Dakar on the implementation of the BEPS Project for francophone African countries

On 22-23 February 2016, a regional network meeting on the implementation of the BEPS package was held in Dakar (Senegal), by the OECD in partnership with the CREDAF (Centre de Rencontres et d'Etudes des Dirigeants des Administrations Fiscales).




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Rising tax revenues are key to economic development in African countries

Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa. In 2014, the eight countries covered by the report - Cameroon, Côte d’Ivoire, Mauritius, Morocco, Rwanda, Senegal, South Africa and Tunisia - reported tax revenues as a percentage of GDP ranging from 16.1% to 31.3%.




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Joint statement on the fight against illicit financial flows, by OECD Secretary-General Angel Gurría and Thabo Mbeki, Chair of the High Level Panel on Illicit Financial Flows from Africa

The issue of illicit financial flows (IFFS) is at the forefront of the international agenda. Both the OECD and the High Level Panel have focused attention on this problem and have identified ways in which to tackle it.




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Revenue mobilisation in Africa continues to improve, says new report

The mobilisation of domestic resources is improving steadily in African countries, according to new data from Revenue Statistics in Africa 2017 released today in Addis Ababa at a meeting of tax and finance officials from 21 African countries hosted by the Department of Economic Affairs of the African Union Commission (AUC).




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African Ministers call for action to combat tax evasion in Africa

Today, in the margins of the 10th Global Forum meeting on Transparency and Exchange of Information for Tax Purposes held in Yaoundé, Cameroon Finance Minister Alamine Ousmane Mey, led a discussion with Ministers, high level representatives and officials from Africa on tax fraud and avoidance.




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OECD and ATAF continue to strengthen tax co-operation in Africa

Today, the OECD and the African Tax Administration Forum (ATAF) signed a renewal of their Memorandum of Understanding (MoU) until June 2023, agreeing to continue to work together to improve tax systems in Africa. The MoU sets their co-operation towards the achievement of the common objective of promoting fair and efficient tax systems and administrations in Africa.




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African economies sustain progress in domestic resource mobilisation

Africa has sustained gains in domestic resource mobilisation made since 2000, as tax revenues remained stable in 2016, according to Revenue Statistics in Africa 2018. Providing internationally comparable data for 21 participating countries, the report finds that the average tax-to-GDP ratio was 18.2% in 2016, the same level as in 2015, which represents a strong improvement from 13.1% in 2000.




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Raising more public revenue in Indonesia in a growth- and equity-friendly way

Indonesia’s government needs more revenue to fund spending that can boost GDP growth, raise well-being and reduce poverty.




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OECD and Francophone African officials meet in Senegal to discuss BEPS implementation and solutions to the tax challenges of digitalisation

Over 50 delegates from 13 African countries, as well as international and regional organisations, technical co-operation agencies, Senegalese business, civil society and academia gathered in Saly, Senegal, on 15-17 October 2019 for the Third Regional Meeting on BEPS for Francophone Countries.




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Media Advisory - Release of Revenue Statistics in Africa 2019

The 2019 edition of the tax policy publication Revenue Statistics in Africa will be launched on Tuesday, 19 November, during the African Union’s 13th Session of the Committee of Director Generals of National Statistics Offices. The report provides an overview of the main taxation trends from 1990 to 2017 in 26 African economies.




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Africa: Urgent action needed to mobilise domestic resources as tax revenues plateau

The average tax-to-GDP ratio for the 26 countries participating in the new edition of Revenue Statistics in Africa was unchanged at 17.2% for the third consecutive year in 2017. This was lower than the averages for Latin America and the Caribbean (LAC) at 22.8% and for the OECD at 34.2%, underlining the need for urgent action to enhance domestic revenue mobilisation in Africa.