Monthly Archives: February 2025

THE ECONOMIC IMPACT OF INSECURITY ON BUSINESS OPERATIONS

Nigeria, Africa’s largest economy, is facing a daunting challenge of insecurity. The country’s evolution from armed robbery to complex threats like kidnapping, terrorism, and cybercrime has worsened insecurity, particularly in the Northeast and Northwest. This has significantly impacted businesses operating in Nigeria, making it essential to understand the economic impact of insecurity with a view to identifying strategies to mitigate…

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NIGERIA-SOUTH AFRICA CHAMBER OF COMMERCE STRENGTHENS TIES WITH SOUTH AFRICAN EMBASSY IN LAGOS

The Nigeria-South Africa Chamber of Commerce (NSACC) has taken a significant step towards strengthening bilateral relations between Nigeria and South Africa. A delegation of seven board/ExCo members of the Chamber, led by Chairman Dr. Ije Jidenma, paid a courtesy visit to the South African Embassy in Lagos. The visit which took place recently, was aimed at fostering closer ties between…

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KWAZULU-NATAL ALLOYS COMPANY IS SHINING EXAMPLE OF AUTOMOTIVE MASTER PLAN IN ACTION

A KwaZulu-Natal aluminium alloys manufacturing company, Bingelela Alloys, which is based in Richards Bay, is a perfect example of the objectives that the South African Automotive Master Plan 2035 has set to achieve. These include increasing local content in vehicles assembled locally, doubling employment, achieving industry transformation across the value chain, and deepening value addition across selected commodities. Bingelela manufactures…

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G20: A WIN FOR SOUTH AFRICA; A WIN FOR AFRICA

South Africa’s Presidency of the G20 is a first for the African continent and provides a platform for the African continent’s voice to be better heard, writes Neo Semono. South Africa took over the Group of 20 baton from its fellow BRICS sister country Brazil.  While the G20 is an international forum of developed and developing countries seeking  solutions to…

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SUSTAINABLE FINANCE & ESG: THE FUTURE OF BUSINESS IN NIGERIA

The Nigeria-South Africa Chamber of Commerce (NSACC) has successfully hosted its November Breakfast Meeting, with a focus on Sustainable Finance & ESG: Building a Responsible Financial Future, and brought together business leaders, policymakers, and industry experts to share insights and experiences. The event was sponsored by Rand Merchant Bank, at Eko Hotel and Suites, Victoria Island. Osayaba Giwa-Osagie, (SAN), Chairman…

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NSACC COURTESY VISIT TO SOUTH AFRICAN EMBASSY

A delegation of seven board/ExCo members of Nigeria-South Africa Chamber ofCommerce led by the Chairman, Dr. Ije Jidenma, paid a courtesy visit to the SouthAfrican Embassy in Lagos to foster bilateral relations and explore potential areasof collaboration.The delegation held productive discussions with the Consul General, ProfessorBobby Moroe and his team, focusing on areas of trade opportunities, investmentpotentials and diplomacy.Dr. Ije…

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