₦airaland Forum

Sandton, south africa.

Cape Town - Top Billing presenter Bonang Matheba, comedian Trevor Noah and record label owner DJ Sbu have made Forbes magazine's list of 13 African celebrities to watch in 2013, reports Sowetan Live.

The list, compiled for Forbes by Zimbabwean television personality Farai Gundan, explores Africa's growing consumer base and how celebrities have become businesses on the continent.

Among notable African celebrities such as Nigerian actor David Oyelowo and NBA basketball player Serge Ibaka who was born in Congo, Bonang, Trevor and DJ Sbu are the only South African celebrities that have made the list.

'Huge honour'

Gundan writes that these celebrities all have Twitter accounts with more than a million followers, "heightening" their visibility in the media and the rest of the world.

Bonang, who recently made her debut on Top Billing as presenter, boasts with titles such as the 2012 Glamour Magazine Woman of the Year Award and also being the first black South African female to land a cover on FHM.

Speaking to the Sowetan Live, Bonang said that this was a "huge honour" for her.

'Great start to the new year'

"I never thought I'd ever make it to a Forbes list and being the only South African female to have made the list and to be among greats like Trevor Noah and DJ Sbu is an honour."

Trevor is currently touring London with a sold-out show after making a succesful US debut on The Tonight Show with Jay Leno. He is the first and only South African comedian that has been able to land himself a gig on US television.

DJ Sbu, musician and record label (TS Records) owner, was also voted Sunday Time's Coolest Brand of 2012. He has also helped launch the careers of artists such as Zahara and the late Brown Dash.

Forbes' 13 African Celebrities to Watch in 2013:

Ahmen Soultan (recording artist, Morocco)
David Oyelowo (actor, Nigeria)
Trevor Noah  (comedian, South Africa)
Serge Ibaka (NBA basketball player, Republic of Congo)
Julius Onah (film maker, Nigeria)
Kudzanai Chiurai (artist/painter, Zimbabwe)
Mataano (fashion designer, Ethiopia)
DJ Sbu (recording artist /entrepreneur, South Africa)
Ajak Deng (supermodel, Sudan)
Camp Mulla (Hip Hop group, Kenya)
Sarkodie / R2Bees (recording artists, Ghana)
Mark Tonderai Hodges (film maker, Zimbabwe)
Bonang Matheba (media personality, South Africa)

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I'm an Ariens myself and I don't really believe in such, I cannot accept the idea that a zodiac sign knows my personality better than my very own self... However, I found some fascinating traits that match mine nevertheless, I still believe that it's always better to know one's self than relying on the signs... What about you...?

Its non of my business

One does not simply stop RVP from scoring.

Biggest mall in sub sahara? The biggest mall in sub sahara is Gateway Mall in Durban its even the biggest mall in southern hemisphere, bigger than any mall in australia and new zealand.

The largest listed Nigerian companies are dwarfed by their South African (SA) counterparts, even as the size of both countries economies are expected to be neck and neck.

For some analysts, this highlights the limits and symbolic nature of the rebasing of Nigeria’s Gross Domestic Product (GDP), which is expected to increase the size of its economy by 40 percent.

Nigeria planned to rebase its GDP calculations by September 6, 2012 according to information from the National Bureau of Statistics (NBS)website.

Most governments overhaul GDP calculations every few years, to reflect changes in output and consumption, such as mobile phones and internet usage.

Nigeria has not done so since 1990 suggesting that the previous GDP framework underestimated economic activity.

The rebasing is expected to take the size of its economy to $375 billion (almost the size of South Africa’s), from its current International Monetary Fund (IMF) estimates of $270 billion, helping to boost financial markets, as portfolio investors show greater interest.

A cursory look at the largest listed companies in both countries however tells a different story.

“The rebasing of Nigeria’s GDP and subsequent increase in size should elevate its status in the frontier market space and may necessitate closer attention by global fund managers,” Kayode Tinuoye, senior analyst at Skye Financial Services, said in an email reply.

“However, a lot still needs to be done to improve the depth of the financial market.”

The Johannesburg Stock Exchange (JSE), with a market capitalisation of over $800 billion is 358 percent larger than the Nigerian Stock Exchange (NSE) at $63 billion.

As a percentage of GDP, the market capitalisation of listed companies in South Africa approaches 250 percent while in Nigeria it is less than 30 percent.

“In Nigeria many large companies are unlisted - from local champions like Glo, South Atlantic Petroleum, and NNPC, to multinationals with local subsidiaries like MTN, Airtel, Mobil, and Chevron.

Until we have more of these companies listed, the NSE will not fulfill its potential,” said Kayode Akindele, Partner at 46 Parallels, an investment firm.

Even when Nigerian companies are listed, they tend to be much smaller than their South African counterparts, highlighting the development deficit in Nigeria.

Nigeria’s largest banking group First Bank of Nigeria (FBN) has a market capitalisation (cap.) of $2.2 billion, compared to South Africa’s Standard Bank group at $16 billion (meaning Standard bank is almost 8 times larger).

Nigerian Breweries has a market cap. of $4.7 billion, compared to SABmiller at $35 billion.

South Africa’s Sasol, with a market cap. of $32 billion, dwarfs any listed Nigerian oil company.

While Tiger brands at $5.1 billion is valued twice as high as Nestle Nigeria at $2.1 billion.

The only seeming exception is Nigeria’s Dangote cement, but even at $11 billion it still lags behind the largest listed South African company.

Akindele notes that in terms of financial institutions, South Africa has a much more developed market than Nigeria. Consumer lending through mortgages and consumer finance (virtually non-existent in Nigeria currently) are more advanced in South Africa, so the banks there have a bigger revenue pool and therefore tend to be larger.

“This key segment of the market needs to develop in Nigeria before the likes of First Bank can generate the revenues to justify a market capitalisation close to a Standard Bank’s,” he said.

Nigeria remains significantly underdeveloped in terms of basic infrastructure (electricity, roads, etc) and faces very high income inequality, according to Samir Gadio, an emerging-markets strategist at Standard Bank Group Ltd. in London.

“This negative perception and development challenge will not dissipate just because of the revision in aggregate GDP, especially as domestic output per capita will continue to trail that of South Africa over the next decades,” he said.

Nigeria’s GDP per capita is currently at $1,615, while South Africa’s is at $8,088 according to data from Renaissance Capital.

Other analysts question the expected rebasing’s findings, in terms of what it suggests about the size of the Nigerian economy relative to South Africa’s.

“It isn’t only in terms of market capitalisation that the numbers seem at odds with other metrics - the most basic of all indicators would be relative consumption or retail sales,” Razia Khan, African regional head of research, Standard Chartered Bank said, in a response to questions.

“In this respect, the size of the South African market is still thought by many participants to be much larger than the Nigerian economy is currently.”

http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/40880-gdp-rebasing-wont-favour-nigerian-firms-over-safricas

Moderators why you no put this on front page, or is it because its south african?

Nothing because she already got me

Linkin park
Zebra & Giraffe
You Me At Six
Thousand Foot Krutch
Prime Circle
Bon Jovi
The Polotones

Gauteng province

Safe house 2?

Having watched Tsotsi, jerusalem, Mama Jack, Mr Bones, Mr Bones 2, white wedding, Zama Zama, shucks shabalala guide to SA, Distric 9 and Zulu on my stoep.
And other hollywood movies which were shot in SA like jackie Chan's Who Am I?, Invictus, Safe House, Dark Tide, Blood Diamond, Dredd, Lord of war, Blast, lost boys and Endgame I can really say SA movies are really the best. I watched some nollywood movies like Mr Ibu and Oh my Son which are great movies but lacks quality pictures and sound seems to be a problem. The best nollywood movie I've ever watched is Blood and Oil which was shot in delta not sure. I haven't watched Ghana movies or kenyan movies yet so I can't say SA movies are the best movies in whole of Africa.

Best moment:
when Orlando Pirates won PLS for the second time in row, benny mcCarthy scoring the freekick to seal the win against Golden Arrows on last match of the league.

Worst: recently when Pirates was Knockedout of the Telkcom Cup by Bloemfontein Celtic, Celtic equalizing on 80th min to make it 2-2 and then making it 3-2 on last 93th min..*i cried*.
When DHL Western province Stormers were knocked out the SuperRugby second semi-finals by Durban Sharks.

Best moments: When Oscar pistorius made history by becoming the first double leg amputee to parcitipate in the Olympics.
When Chad Le clos beat Michael Phelps for the 200m butterfly Gold in the olympics.

Another best sport moment was when Western Province Stormers beat Durban Sharks for the rugby Carrie Cup final

Best goals would be Ibraimovich goal and Benny McCarthy bycicle Kick goal against Maritzburg United.

Some with no pictures.
EPRU Stadium - 33 852
Charlse Mopeli Stadium - 35 000
Odi Stadium - 60 000
Wanderes stadium - 34 000

Greenpoint Stadium.
Capacity - 56 000

Newlands stadium.
Capacity - 51 100

Athlone Stadium.
Capacity - 30 000

Nelson mandela bay stadium.
Capacity - 48 459

Kings Park Stadium.
Capacity - 52 000

Moses mabhida stadium.
Capacity - 54 000

Mbombela stadium.
Capacity - 40 929

Free state stadium.
Capacity - 40 911

Royal bafokeng Stadium.
Capacity - 42 000

Peter Mokaba Stadium.
Capacity - 41 733

Loftus versfeld Stadium.
Capacity - 51 762

Johannesburg Stadium.
Capacity - 40 000

Ellis Park Stadium.
Capacity - 62 567

FNB Stadium.
Capacity - 94 700

Some of SA stadiums.
Orlando Stadium.
Capacity - 40 000