It was at the European Bank for Reconstruction and Development (EBRD) conference held in London in July 2008 that the Nigeria chief marshals of the Federal Road Safety Commission (FRSC), Osita Chidoka made a remark in his opening speech:
“There are an estimated 161 deaths per 10,000 vehicles for accident in Nigeria...”
However, despite all efforts, the figure is still and is mostly due to the bad state of the roads, negligence and the low-maintenance culture that is prominent in the country.
South Africa risks losing much of its manufacturing base and tens of thousands of jobs as the global recession and a resurgent rand undermine companies already suffering skills shortages and high labor costs according to Bloomberg news.
A government report due by the 10th of September will show that manufacturing has decreased by 16.4% from about year ago. South Africa’s trade minister officially stated on June 30th that the country is in danger of deindustrialization.
Agriculture is hot right now and the focus is Africa. Countries and companies are setting up shop all over the continent to grow crops.
