South African Cultural Observatory

Nigeria Grants some creative industries tax break

BY 01.09.17

NIGERIA: THE Nigerian federal government has granted 'Pioneer Status' to the creative industry, in a landmark move aimed at transforming the industry to a creative economy and creating jobs. In a statement at the end of August 2017, the Minister of Information and Culture, Lai Mohammed, said the decision to grant the industry 'Pioneer Status' is in fulfilment of the promise made by the Acting President, Yemi Osinbajo, at the opening of the Creative Industry Financing Conference in Lagos 17-18 July 2017. The 'Pioneer Status' is granted to companies making investments in qualifying industries and products as tax holiday from the payment of corporate income tax and withholding tax on dividend from pioneer profits for an initial period of three years, extendable for one or two additional years. Read more.

Nigeria ready for creative industry investments

NIGERIA: The Nigerian Minister of Information and Culture, Alhaji Lai Mohammed, has said Nigeria was ready to receive investors in the creative industry, having created the enabling environment for investments through favourable economic policies. He sais this when he received a delegation from Huaxia Movie Distribution Group, the second biggest movie distributors in China, on a courtesy visit to his office. “We have a very determined administration  that believes in diversification. We have been preparing ourselves to  sanitize the market so we are tackling the issue of piracy. Our programme on digitization is moving very well. So this is the  right time for anybody to really come and invest in Nigeria,” he said,  adding that the Chinese investors have come on the cusp of a revolution in the Creative Industry.  Alhaji Mohammed welcomed the Chinese movie group’s proposal to invest  in some critical aspects of the Creative Sector, including the  establishment of cinema houses, studios and exhibition centres. In his remarks, the Chief Executive of Huaxia Movie Distribution Group, Mr. Wei Bian, said his company wants to be part of the future of Nigerian movie industry, because of its bright prospect not only in Africa but on the world stage. Read more.

 

Creative Workers Claim to be Happiest at Work

UNITED STATES: Staffing firm Robert Half finds that creative employees are happier at work than those in more traditional industries, although ‘buttoned up’ industries can be incubators of happiness, too. A recent survey by staffing firm Robert Half’s found more than 12,000 U.S. and Canadian workers in creative positions reported the highest levels of on-the-job satisfaction and interest in their work, compared to employees in the accounting and finance, administrative, legal and tech fields. “Creatives like their jobs more because that’s the direction they are taking with their career,” Synoga said. “Other people in finance jobs and similar fields may have fallen into the jobs instead of having a really guided point to what they wanted to do.” Company culture is a big part of happiness, too. In a separate survey, The Creative Group, a smaller marketing division of Robert Half, asked 400 U.S. marketing and creative employees to describe their office culture in one word. Creative workers said their culture is friendly, family and diverse. Read more.

World Conference on Creative Economy World Conference on Creative Economy

INDONESIA is planning to hold the first ever “World Conference on Creative Economy” (WCCE), involving stakeholders and representatives from governments, private sectors, think-tanks, civil society, international organizations, as well as media and experts in the creative economy.

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Lagos home of new BBC burea Lagos home of new BBC burea

OVER 100 new jobs have been created in Nigeria in part of the British Broadcasting Corporation's (BBC) biggest expansion since the 1940s. BBC is investing in the Nigerian television market - and in the process ensuring stories focus on young people and women across the whole of West Africa.

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Creative industries grew twice as fast as UK economy in 2015-16 Creative industries grew twice as fast as UK economy in 2015-16

UNITED KINGDOM: The creative industries grew at twice the rate of the wider economy in 2015-16, new British government statistics have claimed. Now worth £91.8 billion in terms of gross value added to the UK, the sector grew by 7.6% over the year, while the economy as a whole grew by 3.5% in the same period.

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Creative Economy Gender Pay Gap Report Illustrates Severity of Wage Imbalance Creative Economy Gender Pay Gap Report Illustrates Severity of Wage Imbalance

SAN FRANCISCO: New data from HoneyBook shows that, simply stated, women creatives need to charge more for their services and match their male counterparts. HoneyBook, the business management platform for entrepreneurs in creative industries, recently released the first-ever report dedicated entirely to the gender pay gap among self-employed creative professionals.

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Calling on cultural heritage professionals and curators Calling on cultural heritage professionals and curators

The South African Cultural Observatory is conducting a short online survey on the repatriation of African (especially South African) cultural artefacts currently held in foreign museums.

Mitigation plans to minimize the impact of the Coronavirus (COVID-19) pandemic on the Sport, Arts and Culture sector Mitigation plans to minimize the impact of the Coronavirus (COVID-19) pandemic on the Sport, Arts and Culture sector

Statement by Minister Nathi Mthethwa on mitigation plans to minimize the impact of the Covid-19 pandemic on the Sport, Arts and Culture sector.

Executive Direction June 2020 Executive Direction June 2020

As we all know and have somewhat even become accustomed to it, due to social distancing measures put in place to fight the Covid-19 pandemic, since March 26, we have all not able to travel to any venue to consume any form of arts and culture products. Libraries, archives, museums, films and television productions, theatre and orchestra performances, fashion shows, concert tours, zoos as well as music and arts festivals have all been closed or come to a complete halt. Could this signal a death knell for the sector? The answer has to be a Big No, at least not if we can help it as consumers and key stakeholders of the cultural and creative industries.

COVID-19 Impacts on the Sports Sector COVID-19 Impacts on the Sports Sector

World over, sport is recognised by many societies and governments as a major contributor to economic and social development. The COVID-19 pandemic has affected sports of all types across the world and is likely to have a major negative impact.

Mapping the Economic Value of the Creative Industry Mapping the Economic Value of the Creative Industry

In many countries, the growing importance of the cultural and creative industries is increasingly being recognised. The SA Cultural Observatory recently released its second Economic Mapping of the Cultural and Creative Industries in South Africa 2020 (Economic Mapping Study).

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