Blog

South AfricaTransportation and storage

We recently returned from a trip to Norway. It was a poor rural agricultural and fishing nation until the discovery of offshore oil in the early 1970s and it now has the second-highest GDP per capita in the world after Switzerland. The country has used its oil wealth to develop expertise in the building of tunnels and ferries which makes getting around Norway a largely stress-free experience.

South Africa

The compliant private security industry consists of legally-registered business entities that provide on a contractual basis a broad range of services and technology involved in the monitoring, protection and safeguarding of people and property. Demand for private security services in South Africa is driven by the high level of crime, the inability of the South African Police Service to hold back the criminal onslaught and the public’s increasing lack of faith in the police’s ability to solve crimes.

ConstructionTanzania

Tanzania’s construction sector is characterised by a large number of micro-entrepreneurs, the majority of whom operate in the country’s informal economy. The country’s formal construction sector comprises indigenous and indigenised firms, as well as numerous major foreign civil engineering and construction companies. As an industry with linkages to all sectors of the economy, the construction sector performs a pivotal role in Tanzania, as well as across the East African trade bloc.

Financial and insurance activitiesZimbabwe

The report on the Zimbabwean banking industry covers the Reserve Bank of Zimbabwe and deposit-taking institutions such as commercial banks, co-operatives, microfinance institutions (MFIs) and building societies. In 2016 the financial services sector contributed about 7% to GDP and total banking sector assets grew by 9.6% from US$10.26bn in September 2017 to US$11.25bn at the end of 2017.

Other service activitiesSouth Africa

The most recent feature added to WOWEB identifies which of the 17,000 profiled companies on our file meet the criteria to be termed a Black Industrialist (BI).

Other service activitiesPublic administration and defence compulsory social securitySouth Africa

Despite a challenging economic environment, Who Owns Whom had a successful 2017. - 21 local and international corporations became new Who Owns Whom clients. - WOWEB introduced more than 30 new features based on customer requests.

Other service activitiesSouth Africa

While the subject of black ownership of the JSE has been addressed in research conducted by the JSE, NEF, National Treasury and the Financial Sector Charter Council, no research, to our knowledge, has been undertaken on black ownership of private companies. In an effort to address this issue, WOW economist, Jeremy Dobbin, mined the 8,800+ BEE certificates on private companies gathered by WOW researchers for the WOWEB platform over the last five years.

Financial and insurance activitiesPublic administration and defence compulsory social securitySouth Africa

In the fight against money laundering and terrorist funding, the intention of the FIC’s recently released Guidance Note 7 is to support accountable institutions and supervisory bodies in the implementation of the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001) (the FIC Act).