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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.
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.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in South Africa.
South Africa has experienced a relatively weak recovery from the great economic crisis compared to other BRIICS countries.
These statistics set out industrial production of total industry, manufacturing, manufactured crude steel, manufactured intermediate and investment goods, energy, construction. The series are updated continuously and are shown as seasonally adjusted indices. The series are updated continuously.
Source: OECD Main Economic Indicators (updated continuously) - Composite leading indicators (CLIs) are calculated for 29 OECD countries (Iceland is not included), 6 non-member economies and 9 zone aggregates. A country CLI comprises a set of component series selected from a wide range of key short-term economic indicators mainly covered in the MEI database.
OECD Secretary-General, Angel Gurría, said that it was with a heavy heart and a debt of gratitude that the world was bidding farewell to Nelson Mandela.
The world badly needs great leaders. The tragedy of Mandela’s passing is that it underlines the rarity of his extraordinary combination of courage, commitment, charisma, intelligence, self-sacrifice and, rarest of all, wisdom.
In its first Environmental Performance Review of South Africa, the OECD praises the progress made with environmental reforms. It also urges Africa’s biggest economy to keep focusing on green growth to help it shift towards a low-carbon model that will improve the well-being of all South Africans and preserve its rich natural habitat.
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.