Posts Tagged “Nigeria Jobs”

Comments Off on Is Nigeria Africa’s Biggest Economy Now?

Is Nigeria Africa’s Biggest Economy Now?

Posted by | June 7, 2014 | Nigeria jobs

Nigerians, yesterday, discovered the surprising news that the size of their economy haddoubled overnight, making it the largest economy in Africa and the 26th-largest in the world. It took the biggest-in-Africa crown away from South Africa, which still has a much larger GDP per capita.

Nigeria hadn’t calculated its GDP since 1990, and the new number takes into account a swath of new industries for the country, including telecommunications and the booming Nollywood film industry.

This isn’t the first time this has happened in Africa in recent years. After a similar recalculation in 2010, the size of Ghana’s economy “grew” by 60 percent, catapulting it into the World Bank’s middle-income bracket.

Given that these countries seem to have had entire sectors of the economy they were leaving off their books, it certainly raises some questions about other GDP figures we see reported on a regular basis.

The unreliability of African economic statistics was the topic of a book last year by Simon Fraser University economist Morten Jerven. Jerven argues that GDP “is the most widely used measure of economic activity, yet little is known about how this metric is produced and misused in debates about African economic development.”

On the other hand, as my old colleague Uri Friedman asks, “Are we too obsessed with GDP as a measure of countries’ economic strength and health?”

As Chris Blattman put it last year, policymakers are hung up on the reliability of statistics because they “want the world nicely ordered with levers to pull and a dashboard to monitor.” Improving the numbers we have would be great, but most countries have more pressing concerns.

Comments Off on Working in Nigeria

Working in Nigeria

Posted by | April 26, 2014 | Nigeria jobs

                           Nigeria is the largest economy in West Africa and the second largest in Africa, after South Africa. Work prospects for highly skilled expats are good, with opportunities available in a variety of sectors. Nevertheless, despite its wealth, Nigeria remains somewhat of a hardship destination, and expats working in Nigeria will most likely find themselves embittered by the daily struggle, despite the country’s continued efforts at reform within the business world.

                          This West African country experienced economic liberalisation in 1995 and has had a more open system available to foreign investors since then. There has certainly been a strong push to evolve business practices and to entice more skilled labourers to Nigeria; but as most expats working in Nigeria will admit, there’s much improvement still to be had in the business environment.

                          Nigeria is notoriously associated with scams that pivot around job offers. For this reason, expats offered a position in Nigeria should confirm that the employer is legitimate by consulting with their local Nigerian Embassy, and by attempting to contact expats on the ground.
                        Corruption is also commonplace in Nigeria, and it’s likely that expats working in Nigeria will be exposed to this at one point or another, particularly when negotiating business deals or even jockeying for work contracts. Connections with ministers and government officials are all-important and readily dictate levels of success or failure.
                           With over 250 different ethnic groups and a multitude of foreign-owned multinational companies, expats working in Nigeria will find themselves in a very diverse, and mostly welcoming, business environment.
                                 However, adjusting to working life here may require a great deal of flexibility and patience, especially when it comes to dealing with local counterparts. It won’t be long before expats working in Nigeria find themselves a victim of the workforce policy on punctuality, “Hurry Up and Wait”. The country very much functions at a relaxed pace, even when it comes to doing business, meaning that a meeting scheduled for 10am may very well only happen at 3pm, if at all. Prepare accordingly and learn to be as flexible as possible.
Comments Off on Interview of Indian Expat about Living In South Africa

Interview of Indian Expat about Living In South Africa

Posted by | April 8, 2014 | Uncategorized

Q: Where are you originally from?
A: Chennai, India

Q: Where are you living now?
A: Chennai, India

Q: How long did you live in Johannesburg?
A: Two years

Q: Did you move with a spouse/ children?
A: No

Q: Why did you move; what do you do?
A: I had come to Johannesburg on a deputation for a couple of years.

About your city

Q: What did you enjoy most about Johannesburg, how was the quality of life?
A: The most enjoyable thing about Joburg is it is cosmopolitan in nature. In particular, people from India would find lot of Indian flavours spread through the city.

Q: How did you meet other Indian expats?
A: I lived in an area where most of my colleagues who came on deputation lived. It was not an Indian area, however. Indian expats can mainly be found in Fordsburg and Indian Hindu temples (in Marlboro, Melrose, Benoni and Midrand ). Midrand is a place where many people from Andhra (a provincial state) in India live.

Q: What exactly are the Indian flavours you’re talking about?
A: There are quite a few Indian restaurants located around Joburg. These include Swad in Melrose, Thava and Shahi Khana in Norwood and Delhi Darbar in Parkmore – to name a few.

Q: Any negatives? What did you miss most about home?
A: Lack of safe public transport. One needs to own a car in Johannesburg to travel safely.

Q: Is the city safe?
A: It is kind of safe. One needs to follow the Dos and Dont’s.

Q: What are those?
A: Do:

  • Withdraw cash only from well-lit ATMs and where you feel safe.
  • Try to obtain chip-based cards from bank, as financial fraudulent activities are quite rampant.
  • Keep your car windows up at all times, but especially when stopping at traffic signals (traffic signals are referred as robots in South Africa).
  • Keep doors locked at all times. It is advisable to install a security gate at your front door.
  • Always be aware of what is happening around you and be alert.

Dont:

  • Keep your luggage/purse/laptop near the driver seat or on the rear seats of the car where it is visible from outside.
  • Count cash in public.
  • Walk on the streets while using your mobile phone.

About living in Johannesburg

Q: Which are the best places/suburbs to live in Johannesburg as an expat?
A: Sandton, Morningside, Rivonia, Sunninghill, Parkmore, Roodeport, Weltevreden Park and Fourways.

Q: How do you rate the standard of accommodation?
A: Very good.

Q: What’s the cost of living compared to home? What is cheap or expensive in particular?
A: It is worth the money one pays for it.

Q: What are the locals like; did you mix mainly with other expats?
A: Locals are really hospitable. I lived with many Indians, so moved mainly in Indian expat circles.

Q: Was it easy meeting people and making friends? Did you make expat friends you wouldn’t have otherwise?
A: Yes, it was easy – South Africans are generally friendly, and making friends with locals is not a problem at all. Indian expats get connected very easily. On the flipside, especially in Joburg, there are a lot of Indian expats and you might feel overwhelmed by looking at the Indian expat population – you might be tempted to stick to little Indian groups living nearby or those you work with. Joburg has got a mix of Indian, European and African styles. A Indian expat would easily strike a balance between Indian and overseas living. Yes, I made few Indian connections here, whom I wouldn’t have met if I was working from India.

About working here

Q: Did you have a problem getting a work visa/permit?
A: Not really, my company had applied for my work permit, so I didn’t have difficulty getting a work permit or visa.

Q: What’s the economic climate like in Johannesburg, is there plenty of work?
A: When it comes to IT, there is lack of local skilled people. The economy is pretty decent and economically South Africa performed OK, although there were some retrenchments here and there. An Indian expat coming to South Africa would definitely feel that the infrastructure is really good and better than India. But I doubt an expat from Europe/ America would share the same feeling as I do.

Q: Are there other types of jobs that there are more of do you think? What jobs would you recommend other Indian expats come here to look for?
A: Information Technology is one of the areas where Indian expats can look for work. Like I said earlier, South Africa does not have enough skilled techies. Banking, shipping and mining would be next on the list.

Q: How does the work culture differ from home?
A: There isn’t really a competitive work culture due to the lack of a skilled work force. Knowledge and technological exposures are little low.

And finally…

Q: Is there any other advice you’d like to offer new expat arrivals?
A: Carry enough medicines back from home, as medicines are quite expensive and not easily available. Indian expats must bring electrical converters – 15 Amperes to 5 Amperes, pressure cooker, mixer/kitchen grinder to prepare masalas. Enough clothing should be taken, as it seems to be more expensive than India.