2010

You are currently browsing the yearly archive for 2010.

Minister of Higher Education and Training Blade Nzimande

Access to Further Education and Training (FET) colleges need to expand to meet the demand for increased training opportunities, says Higher Education and Training Minister Blade Nzimande.

“Enrollment at FET colleges must be expanded substantially if we are to come anywhere close to meeting both the need for mid-level skills and the demand from youth for increased training opportunities,” Nzimande said at the National Skills Summit on Thursday.

Nzimande said that while the department was mindful of the need to maintain and improve the quality of education and training, they must also be bold in expanding enrolment of such opportunities without compromising quality.

He said South Africa currently suffers from high unemployment and a shortage of critical skills needed to drive economic growth and social development.

“The skills shortage underpins many of the challenges government faces with regard to service delivery, the expansion of decent work and social justice.

“There is both anecdotal and empirical evidence of skills shortage in a number of occupations and economic sectors within South Africa. It is clear that there is a tangible problem arising from the mismatch between the supply and demand for skills in the South African labour market,” Nzimande said.

He announced that in a few weeks, the National Skills Development Strategy III, the overarching strategic instrument for skills development will be implemented to guide sector planning for the next five years.

The two-day summit brought together all relevant constituencies and stakeholders for a consultative engagement on the skills challenge, including the mismatch between the supply of and demand for skills in the labour market.

Among the issues to be discussed at the summit are the minister’s performance agreement which include the establishment of a credible institutional mechanism for skills planning, increase access to intermediate and high level learning for youth and adults, who do not meet entry requirement for post school programmes.

The outputs will also include increased access to occupationally directed programmes in needed areas with special focus on artisan training, increase access to high level skills in target areas such as in the fields of engineering, animal and health sciences, physical and life sciences and teacher education as well as research, development and innovation in human capital for a growing knowledge economy.

Deputy President Kgalema Motlanthe, who chairs the Human Resource Development Council, will in the evening outline government’s systematic response to the country’s skills challenge.

Source: BuaNews, idc.co.za, ucf.org.za,

Tags: , , ,

South Africa ranks nineteenth in a league table of “top priority host economies” for foreign direct investment (FDI), which was released on Monday as part of the latest ‘World Investment Prospects Survey 2010-2012′ compiled by the United Nations Conference on Trade and Development (Unctad) – hitherto, South Africa had fallen outside the top 20.

The yearly survey is based on responses to a questionnaire from 236 transnational corporations (TNCs) and 116 investment promotion agencies (IPAs).


The survey results showed that there was renewed optimism being expressed by TNCs and IPAs about prospects for FDI in 2010, pointing to a likely recovery from the recession-induced slumps of 2008 and 2009. The results also indicated that there could be further FDI growth in 2011 and 2012

As was the case in 2009, China headed the ranking of the top priority host economies for FDI, followed by India, Brazil, the US and Russia.


It was also the first time that the four major emerging markets (China, India, Brazil and Russia) all ranked among the top five investment destinations.

Unctad noted the continued rise of developing Asia’s relative importance as host for FDI, with six countries among the top 15, as against five in the 2009 survey.


By contrast, the attractiveness of developed countries declined slightly, with only six countries ranking among the top 15, with countries such as the UK and Australia moving down the list – the UK fell to seventh from sixth, while Australia declined from eighth to thirteenth.

The survey results, Unctad said, indicated that the global economic crisis had been less destructive to FDI than had been feared. “While investment budgets, including those for FDI, were squeezed during the crisis, TNCs did not engage in wholesale divestment of their foreign affiliates.”


The crisis did, however, accentuate the shifting in the geographical focus by TNCs from developed to developing and transition economies.

Further, of the leading 20 most promising investor countries nearly one-half were developing and transition economies. China occupied second spot, behind the US, and ahead of Germany, the UK and France – India ranked sixth and Russia ninth.


Developing country TNCs were more optimistic in the short-term about the global business environment and their investment prospects than their developed country counterparts. TNCs from developing countries, especially developing Asia, anticipate a stronger growth of their FDI expenditures from 2009 to 2012 than those from developed countries, especially Europe.

Global FDI inflows slumped by 37% to $1,1-trillion in 2009, having already fallen in 2008 from the record of around $2,1-trillion achieved in 2007.


Unctad reported in July that there were signs of a pick-up in FDI flows since the second quarter of 2009, but that it was not clear that a rebound in FDI was under way. Nevertheless, it was forecasting a “slow recovery” in FDI in 2010 and that the flows would gain momentum in 2011.

The survey found that 43% of respondents intended increasing their international investment expenditures in 2010 as compared with the low levels of 2009, while 58% of respondents predicted increases in 2011 and 2012.


“On the basis of the findings of the survey, as well as other indicators of TNC and FDI activity, Unctad estimates the level of FDI inflows in 2011 to reach a range of $1,3- to $1,5-trillion, rising in 2012 to between $1,6 and $2-trillion,” the survey stated.

FDI growth prospects for the medium term are considered better for the primary and services sectors than for manufacturing.

To download World Investment Prospects Survey 2010-2012 report Click Here

Source: unctad.org, mediaclubsouthafrica.com, engineeringnews.co.za

Tags: , ,

This special offer is not advertised on website

SPRING SALE…START NOW…OFFER ENDS IN 3 WEEKS, ON SEPTEMBER 30 !!!

View Company Profile and Courses

Tags: , , ,

Brought to you from UK!

Due to popular demand, South African Equine Healing Centre is hosting a repeat course:

Equine Reiki Level 1


Limited seats available, book your place now!
Next Course September 11-12th 2010 (2 day course ) R2150 per person
(R2000 each for two people attending together)


Price includes: all meals/refreshments, comprehensive manual, Hands-on practice, Reiki Attunement

For further details / bookings reply to:

drtanyaritchie@yahoo.co.uk
Contact Person: Tanya

Enquire about Discounts for Students

View Company Profile and Courses

Tags: ,

Significant Points

* Financial analyst positions require a bachelor’s or master’s degree.
* Positions may also require professional licenses and certifications.
* Keen competition is anticipated for these highly paid positions.
* Financial analysts earn high wages.

Nature of the Work

Financial analysts provide guidance to businesses and individuals making investment decisions. Financial analysts assess the performance of stocks, bonds, commodities, and other types of investments. Also called securities analysts and investment analysts, they work for banks, insurance companies, mutual and pension funds, securities firms, the business media, and other businesses, making investment decisions or recommendations. Financial analysts study company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates to determine a company’s value by projecting its future earnings. They often meet with company officials to gain a better insight into the firms’ prospects and management.

Financial analysts can be divided into two categories: buy side analysts and sell side analysts. Analysts on the buy side work for companies that have a great deal of money to invest. These companies, called institutional investors, include mutual funds, hedge funds, insurance companies, independent money managers, and nonprofit organizations with large endowments. Buy side financial analysts devise investment strategies. Conversely, sell side analysts help securities dealers, such as banks and other firms, sell stocks, bonds, and other investments. The business media hire financial advisors that are supposed to be impartial, and occupy a role somewhere in the middle.

Financial analysts generally focus on trends impacting a specific industry, region, or type of product. For example, an analyst will focus on a subject area such as the utilities industry, an area such as Latin America, or the options market. Firms with larger research departments assign analysts even narrower subject areas. They must understand how new regulations, policies, and political and economic trends may impact the investments they are watching. Risk analysts evaluate the risk in portfolio decisions, project potential losses, and determine how to limit potential losses and volatility using diversification, currency futures, derivatives, short selling, and other investment decisions.

Some experienced analysts called portfolio managers supervise a team of analysts and select the mix of products, industries, and regions for their company’s investment portfolio. Hedge fund and mutual fund managers are called fund managers. Fund and portfolio managers frequently make split-second buy or sell decisions in reaction to quickly changing market conditions. These managers are not only responsible for the overall portfolio, but are also expected to explain investment decisions and strategies in meetings with investors.

Ratings analysts evaluate the ability of companies or governments to pay their debts, including bonds. On the basis of their evaluation, a management team rates the risk of a company or government defaulting on its bonds. Other financial analysts perform budget, cost, and credit analysis as part of their responsibilities.

Financial analysts use spreadsheet and statistical software packages to analyze financial data, spot trends, create portfolios, and develop forecasts. Analysts also use the data they find to measure the financial risks associated with making a particular investment decision. On the basis of their results, they recommend whether to buy, hold, or sell particular investments.

Work environment.

Financial analysts usually work in offices. They may work long hours, travel frequently to visit companies or potential investors, and face the pressure of deadlines. Much of their research must be done after office hours because their days are filled with telephone calls and meetings.

Source: bls.gov, cnbc.com, careers.stateuniversity.com, jamessamy.com,

Related Posts with Thumbnails

Tags: , , , ,

« Older entries