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Bags full of possibilities for job creationJOB creation is often seen as requiring big projects, massive capital outlay or state intervention. Business and government overlook opportunities in the so-called second economy. Instead of pouring money into job creation, why not support and expand existing markets created by the entrepreneurial instincts of poor people? An excellent example of this is the Johannesburg cross-border retail trade sector, where more than half a million people are coming into the city each year to shop, bringing in between R15bn and R20bn a year. Figures from South African Tourism indicate that one third, or R15,7bn, of the total spend by domestic and international tourists in SA in 2004 was in Johannesburg. Of this, R5,7bn, or more than one-third, was from regional shoppers travelling overland to SA. read more. South Africa: Bags Full of Possibilities for Job CreationJOB creation is often seen as requiring big projects, massive capital outlay or state intervention. Business and government overlook opportunities in the so-called second economy. Instead of pouring money into job creation, why not support and expand existing markets created by the entrepreneurial instincts of poor people? An excellent example of this is the Johannesburg cross-border retail trade sector, where more than half a million people are coming into the city each year to shop, bringing in between R15bn and R20bn a year. Figures from South African Tourism indicate that one third, or R15,7bn, of the total spend by domestic and international tourists in SA in 2004 was in Johannesburg. Of this, R5,7bn, or more than one-third, was from regional shoppers travelling overland to SA. read more. O'Neill ready to start work at VillaMARTIN O'Neill's appointment as Villa boss should be rubber-stamped today with the Irishman expected at Villa Park to sign a long-term contract. O'Neill and chairman Doug Ellis are booked to fly to Hanover tomorrow morning so that the new manager can at least be present, if not necessarily in charge, of the club's pre-season friendly in the afternoon. An agreement between O'Neill and Ellis had been hatched at least a fortnight ago with O'Neill desperate to return to management after over a year on the sidelines looking after his wife Geraldine, who was diagnosed with cancer. With his wife now believed to be in much better health, O'Neill is set to replace David O'Leary and is believed to be hungry to bring success to the club. . read more. Yahoo! and Canaan Partners invest USD 8.65 million in ...Chennai, Tamilnadu, India, 2006-08-05 (IndiaPRwire.com) -- Yahoo! Inc., a leading global Internet company and Canaan Partners, a global early stage venture investor in innovative technology companies, today announced that the companies have both invested US $8.65 million in BharatMatrimony.com Pvt. Ltd, the No. 1 matrimony service provider with 7.5 million registered members. Both investors will be represented on the board of the company. Veda Corporate Advisors acted as a strategic advisor to the transaction. Murugavel Janakiraman, CEO, BharatMatrimony Group, said, "It gives me immense pride that two of the world's leading companies in the technology and Internet space have invested in our business. More importantly, the global knowledge, partnerships and experience that both these investors bring will help us scale our business globally. read more. Indian MP calls for Bahrain-India shipping serviceDubai - An Indian MP from Kerala has called for the resumption of a shipping service between Bahrain and India for the benefit of low-paid Indian workers in that Gulf country. Pannyan Ravindran of the Communist Party of India (CPI) has said that he will submit a petition signed by 20 MPs from Kerala to Prime Minister Manmohan Singh seeking resumption of the services, according to a report in the Gulf Daily News newspaper. Ravindran, according to the report, has said that the shipping services were necessary as the present airfares between India and Bahrain are almost the same as those on the India-Europe sector, which the low-paid workers cannot afford. Though a passenger ferry service was launched between the Gulf and India in 2001 by a Bahraini firm, it had to be subsequently cancelled as the vessel could not get a sea-worthiness certificate from India's Mercantile and Marine Department. read more.The most outstanding research dealing with Job Search Dubai will advise you and assist you in enlarging your comprehension level.
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