Sunday, November 17, 2024
25.4 C
Lagos

SA Retains Ranking in 2015 Ibrahim Index of African Governance

South Africa has retained its position in the 2015 Ibrahim Index on Africa Governance. In the 2015 Index, South Africa has retained its rank of 4 of 54 countries assessed in the Index.

This follows South Africa’s improved performance in the 2015/16 World Economic Forum’s Annual Global Competitiveness Index which saw South Africa rise seven places from 56 to 49 of 140 countries.

The Ibrahim Index of African Governance (IIAG) measures the quality of governance in 54 African countries on an annual basis by looking at four areas: Safety and Rule of Law, Participation and Human Rights, Sustainable Economic Opportunity and Human Development. South Africa’s performance in each of these areas earns it the position of 7 (up from position 8 in 2014), 4, 2 and 6 respectively on the continent.

Brand South Africa CEO, Kingsley Makhubelah said: “We welcome South Africa’s performance in the 2015 Ibrahim Index of African Governance particularly in areas where improvements have been noted. The National Development Plan (NDP), together with various other instruments, will guide South Africa’s interventions to address other areas of concern including, amongst others, issues around personal safety.”

“South Africa commends countries in SADC, in particular, on their performance in the Index. Although the 2015 IIAG indicates improved performance by countries on some indicators, we cannot under-estimate the urgency for the continent as a whole to implement Agenda 2063.”

“All countries on the continent should have national programmes to drive their social and economic development. These programmes by African states will collectively contribute towards Africa’s plan for holistic socio-economic development.”

“In this regard, we call on all South Africans in their different sectors to play their part in implementing the NDP which will be South Africa’s contribution to Agenda 2063. Continuous improvements in the various pillars identified in the NDP will translate into better performance by South Africa in various indices that assess our competitiveness and attractiveness as an investment destination,” concluded Mr Makhubela.

spot_img
spot_img
spot_img

Hot this week

NLNG Trains 300 Youths on Nigerian Content HCD Program

NLNG, on Tuesday, in Port Harcourt, Rivers State, kicked...

‘Accugas is not Responsible for Power Outage in Akwa Ibom State’

Accugas Limited, a subsidiary of Savannah Energy, wishes to...

NGX Group Chairman, Umaru Kwairanga, Visits Dubai Financial Market for Industry Partnership

Dr. Umaru Kwairanga (2nd Left) with other industry players...

RMB Nigeria Concludes ₦40bn Multi-Instrument Issuance Programme with SEC

RMB Nigeria Issuance SPV Plc, a funding vehicle incorporated...

Topics

AfDB Unveils 1st Africa-to-Africa Investment Report

Opportunities for investment in Africa outweigh the obstacles, according...

Allianz Africa: 10 MBA Scholarships to Drive Sustainable Development

Coenraad Vrolijk Regional CEO of Allianz Africa Allianz Africa's commitment to...

Marriott International Plans 200 Hotels in Africa by 2023

From the Africa Hotel Investment Forum (AHIF) in Nairobi,...

Capital Market to Propel Economic Growth, Collaboration, Innovation in Nigeria

  The Capital Market Committee (CMC) convened its third...

Mutual Benefits Assurance Targets No.1 Market Spot in 2021

Mutual Benefits Assurance Plc celebrated its 21st Anniversary over...

Nigeria, E/Guinea Mull New Opportunities in International Oil Sector

The Governments of Nigeria and the Republic of Equatorial...

LASUMBA Heritage Holds 2019 Convention Nov 30

LASUMBA Heritage, an Association of Alumni and Managers of...

Insurers’ Results Face Volatile Future under IFRS 17

Insurance companies' results have the potential to become more...
spot_img

Related Articles

Popular Categories

spot_imgspot_img