Build Azania/South Africa

Peter Nyaotse Raboroko, the greatest PAC Strategist of all times. Izwe Lethu ✋🏽

I am glad to be back... PAC National Conference was 80% Great 👌🏼

Africa as a whole had an average life expectancy of only 36 years, while people in other world regions could expect to live more than twice as long.

Understand your chocolate: Who do you think make more money on the supply chain?

1. African Cocoa Farmers e.g. Ivory Coast and Ghana. HOW MUCH DO THEY GET IN THE SUPPLY CHAIN? 1%? 5%? 15%?
2. Pisteur - transports cocoa beans from the farmer to central warehouse.
3. Warehouse "Corporative" - Not run by farmers but by private companies. They sell to larger corporatives at the port. E.g. ECCOKIM
4. ECCOKIM clean the beans and package them so that they can be sold to a maximum of 100 exporters.
5. The Exporter sells to the cocoa traders. Cocoa traders transports to different countries around the world. They sells don't normally sell the beans directly to chocolate makers but turns them to chocolate by creating cocoa liquor, thereby creating cocoa butter and cocoa powder. Then cocoa powder is sold to chocolate makers e.g. LINT.
6. LINT makes chocolate and sells to
7. Lint sells to distributors
8. Distributors sells to wholesalers
9. Wholesalers sells to Retailers
10. Retailers sells to Nthabiseng.. SIES NTHABISENG, YOU ARE A COLONISER 🙈

We may have missed the 1st, 2nd and 3rd industrial revolutions... But we reclaiming our spot through the 4th industrial revolution. Viva Ethiopia 🇪🇹 👏🏾👏🏾👏🏾👏🏾

Ethiopia launches first satellite into space Ethiopia launched its first satellite into space on Friday, as more sub-Saharan ...

Robert Mangaliso Sobukwe on Race, 1959 Inaugural Speech:

All scientists agree that all men can trace their ancestry back to the first Homo Sapiens, that man is distinguished from other mammals and also from earlier types of man by the nature of his intelligence. The structure of the body of man provides evidence to prove the biological unity of the human species. All scientists agree that there is no "racing" that is superior to another, and there is no "racing" that is inferior to others.

The Africanists take the view that there is only one race to which we all belong, and that is the human race. In our vocabulary, therefore, the word "race" is applied to man, has no plural form. We do, however, admit the existence of observable physical differences between various groups of people, but these differences are the result of a number of factors, chief among which has been geographical isolation.
In Africa, the myth of race has been propounded and propagated by the imperialists and colonialists of Europe, in order to facilitate and justify their inhuman exploitation of the indigenous people of the land. It is from this myth of race with its attendant claims of cultural superiority that the doctrine of white supremacy stems.

Against multi-racialism we have this objection, that the history of South Africa has fostered group prejudices and antagonisms, and if we have to maintain the same group exclusiveness, parading under the term of multi-racialism, we shall be transporting to the new Afrika these very antagonisms and conflicts. Further, multi-racialism is in fact a pandering to European bigotry and arrogance. It is a method of safeguarding white interests irrespective of population figures.

In that sense it is a complete negation of democracy. To us the term "multi-racialism" implies that there are such basic insuper­able differences between the various national groups here that the best course is to keep them permanently distinctive in a kind of democratic apartheid. That to us is racialism multiplied, which probably is what the term truly connotes.

Evans Wadongo... Brilliance 👌🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽

Evans Wadongo | Innovators Under 35 Growing up in Kenya, he strained to read by the dim light of a kerosene lantern. Now he’s making solar-charged lanterns and using them to spur economic development.

How is petrol price calculated in South Africa?

According to the South African Petroleum Industry Association, the government regulates price of petrol. The prices are recalibrated on the first Wednesday of every month by The Central Energy Fund (CEF) on behalf of the Department of Energy (DOE). There are several factors at play:

International and external factors:
The Basic Fuel Price (BFP) is essentially what it costs an importer to buy petrol from a refinery and bring it all the way to South Africa. However, the dollar/rand exchange rate can sometimes create an unexpected spike in the import costs.

Local factors internal factors:
Local factors include the cost of shipping and other direct costs such as transportation, service, taxes and levies, wholesale and retail margins. Unlike petrol, diesel prices are not regulated. However, petrol importers try to keep the margins on diesel similar to petrol.

The handy pie chart below shows you exactly how the price of petrol is divvied up:

How does the exchange rate affect the price?

The total dollar basic price is converted using the dollar/rand exchange rate at 11am South African time. With the rand having weakened by nearly 10%, and the price of oil increasing by just under 12% this year alone, the combination isn’t great news for consumers as this has a knock-on effect on the price of food in your basket.

How much do fuel levies contribute to the overall picture?

In the 2018/19 national budget, Treasury pencilled R77.5bn in revenues from fuel levies alone. The fuel levy contributes close to 6% to the gross tax revenues of the country. The 52 c/litre increase this year, which was a combination of the 22 c/litre increase in the general fuel levy and 30 c/litre in the Road Accident Fund levy, took the total fuel tax from R4.82 to R5.34. While this was 38.4% of the total pump price at the time of the budget, July 2018 fuel taxes are now slightly down at around 34%. The reduced percentage is due to the higher price without taxes, driven by the weaker rand and higher oil prices as mentioned. So without the taxes, you would pay R10.46 versus the current R15.81.

What does this all mean?

June Naamsa (National Association of Automobile Manufacturers SA) vehicle sales show that 11 823 of the 46 678 total vehicles sold in the month was by Toyota, putting them in the lead at 25% of the total market. Given that the demand for Toyota in SA is currently high, the example below uses Toyota to estimate the impact on consumers. At R15.81 per/ litre, a person driving a Yaris would have gone from paying R487.80 in February 2017 to R568.80 in July this year, meaning they would require an extra R81 per tank. A person driving a car with a much bigger tank, such as the Fortuner, would need an extra R202.50 to fill up their tank. The change is 25% since 2016 and 17% since February 2017.

When all is said and done, these increases are not only putting pressure on you, the consumer, but will also feed into the inflation numbers. All these factors will be taken into consideration by the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) when deciding the path of interest rates going forward.

Whilst a teacher in Soweto earns R176,129....

Top 9 most expensive schools in Africa
(Grade 1 Fees)

1. Africa Leadership Academy ,South Africa -$30,000 or R423,895.60
2. International School of Kenya - $26,000
3. Lincoln Community School ,Ghana - $24,000
4. Cairo American College ,Egypt - $24,000
5. Malvern College, Egypt -$19,000
6. Hilton College, South Africa - $18,000
7. Roedean School, South Africa -$17,000
8. American International School, Nigeria- $17,000
9. Nairobi Rosslyn Academy ,Kenya - $15,000

Father of Afrika!