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New Era Newspaper Wednesday November 22, 2017

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12 Iside BUSINESS

12 Iside BUSINESS Wednesday, November 22 2017 | NEW ERA South Africa smartphone sales rise 28 percent as prices fall JOHANNESBURG South African smartphone sales climbed by nearly a third in the third quarter of 2017 compared to last year, helped by falling prices, data from an industry monitoring group showed on Tuesday. Sales rose 28 percent year-on-year to three million units during the quarter, while basic mobile phone sales were up 6 percent to 1.6 million units, according to point-of-sale tracking data from GfK South Africa. “Falling prices of smartphones, aggressive operator promotions and growing Wi-Fi/4G penetration are all helping to speed up the adoption of smartphones in South Africa,” Nikolay Dolgov, general manager, point-of-sales tracking at GfK said. Fierce competition from Chinese brands is reshaping the entry-level smartphone market in South Africa, with the average selling price falling despite a weaker rand currency. About 25 brands are currently contesting the entry-level smartphone market, compared to just six in 2013. Experts anticipate robust growth for smartphone sales in the years to come as South Africa increasingly embraces e-learning, e-health and e-governance systems. GfK data shows that there are now almost three times as many smartphones in South Africa than there are television sets. – Nampa/ANA African industrialisation, continental free trade complementary – UN JOHANNESBURG Africa’s industrial development and proposed continental free trade complement each other, according to United Nations Secretary-General Antonio Guterres. “This year’s Africa Industrialisation Day highlights the links between industrial development and Africa’s moves towards establishing a Continental Free Trade Area (CFTA),” Guterres said as he marked the UN proclaimed day for Africa’s industrialisation on Monday. “These are mutually supportive that the continued strong commitment of the UN to support Africa’s industrialisation, the implementation of a continental free trade agreement, and the building of inclusive, resilient, peaceful and prosperous societies for all. Guterres stressed that industrialisation is a primary driver of economic growth and job creation, and will be pivotal in efforts to achieve the 2030 Agenda for Sustainable Development and the Africa Union’s ‘Agenda 2063.’ He also highlighted the importance of making strategic investments in cross-border infrastructure, promoting green technologies and low-carbon solutions, fostering small and medium enterprises, and forging partnerships to spur innovation and create incentives to power sustainable growth. “It will also be critical to unleash the capacities of Africa’s young people and to strengthen African institutions,” he said, as both the 2030 Agenda and Agenda 2063 recognise these imperatives. In 1989, the UN General Assembly proclaimed 20 November Africa Industrialisation Day. This year’s theme is “African Industrial Development: A Pre-Condition for an Effective and Sustainable Continental Free Trade Area”. On Monday, the UN Industrial Development Organisation held panel discussions in Vienna and New York to increase awareness of the importance of inclusive and sustainable industrial development in Africa for the success of the CFTA and structural transformation more broadly. – Nampa/ANA REQUEST FOR PROPOSALS (RFP) World INVITATION FOR OPEN NATIONAL BIDDING (RE-ADVERTISEMENT) REQUEST FOR PROPOSAL (RFP) NUMBER: SC/RP/NC-07/2017 DESCRIPTION: RIGHT TO HEALTH STRENGTHENING CROSS-BORDER COLLABORATION IN COMBATING HIV AND AIDS TOR DOCUMENTS AVAILABLE FROM: RFP CLOSING DATE: TOR DOCUMENT COST: SUBMISSION ADDRESS: Live Performances by The Dogg and many other local artists ENQUIRIES/CLARIFICATIONIS: Commencing with the march at 8h00 from NBC to Katima Mulilo Sports Field Open Graphics

Youth Inside BUSINESS Corner #KidsTakeOver is not just a hashtag

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New Era Newspaper Vol 22 No 167

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