South Africa

The Republic of South Africa is one of the 54 states of the African continent. Africa is the world’s second-largest and second most-populous continent after Asia. South Africa is located at the southern tip of Africa and is the 25th-largest country in the world. South Africa has eleven official languages. According to the 2001 National Census, the three most-widely spoken first languages are Zulu, Xhosa and Afrikaans. Though English has a large role in public and commercial life, it is nevertheless only the fifth most-widely spoken language. It was greatly accepted when the British colony was created to replace the Dutch colonization in the 18-hundreds. British colonists first introduced English to the South African region in 1795, when they established a military holding operation at the Cape Colony. The first major influx of English speakers arrived in 1820. About 5000 British settlers, mostly rural or working class, settled in the eastern Cape. Several South African English varieties have emerged, accompanied by varying levels of perceived social prestige. The most widespread varieties of english in South Africa is White South African English, Black South African English and Indian South English.

 

Long walk to freedom is a  autobiography about Nelson Mandela, written by Nelson Mandela. The self biography tells the story of Mandela’s life, from his upbringing on the countryside in Mvezo to his presidential candidacy from 1994 to 1999. The book also describes his 27 years in prison and fight against l’apartheid and racial discrimination. I believe the message of the book is the path to peaceful transition “From arms to education” and he is well known for his quote “Education is the most powerful weapon which you can use to change the world.”. Since this is an autobiography, the author is Nelson Mandela himself. He was as said born in the countryside in Mvezo in 1918. He was the first black president in South Africa. Nelson mandela got the Nobel Peace Prize alongside Willem Klerk in 1993 for his work for the peaceful termination of the apartheid regime, and for laying the foundations for a new democratic South Africa. He died in december 2013 at age 95.

South Africa part of collateral damage from US-China trade war

 

South Africa may be almost 12 000 kilometers from Beijing and even further away from Washington DC, but is still affected by the US-China trade war.

 

Flaring US-China tensions over trade came to a head this month, when talks between the two superpowers fell apart. US President Donald Trump has since raised tariffs on Chinese goods and put restrictions on for example telecommunications giant Huawei, with a solution to the impasse seemingly far off. These tariffs will not only frame The US and China. These will affect the whole world economy, including South Africa. Since the two superpowers are the two largest economies, this was not to be avoided, however there is hope for a solution in the near future. The dispute between the US and China will also worsen negative sentiment around equity prices, which the insurer needs to boost the value of its assets, Chief Executive Officer David Munro said in an interview at Bloomberg’s offices in Johannesburg. «We are battling a little bit of headwind with the U.S.-China trade war,” Munro said. “The extent to which equity markets rally increases our assets under management and assets that we administer in pension funds. The whole business is geared toward equity market performance»

 

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