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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More News
State Theatre mourns death of Sibusiso Khwinana State Theatre mourns death of Sibusiso Khwinana

The council, management and staff of the South African State Theatre has learnt with shock about the death of actor, playwright, and director Sibusiso Khwinana. He was killed during an alleged robbery incident on Friday, 1 March 2019.

SACO's Employment Report Cited by Gauteng Premier Mr David Makhura SACO's Employment Report Cited by Gauteng Premier Mr David Makhura

The South African Cultural Observatory's Employment Report was referenced in the Gaurteng State of the Province Address by Mr David Makhura.

Opportunity open for creative entrepreneurs Opportunity open for creative entrepreneurs

The British Council in partnership with Seed Academy and the Social Enterprise Academy are recruiting 120 creative social entrepreneurs in Cape Town and Johannesburg to take part in a fully-funded, high impact business accelerator programme. Applications open on Monday 18 February.

Strauss & Co’s benchmark sale of contemporary art returns to the V&A Waterfront Strauss & Co’s benchmark sale of contemporary art returns to the V&A Waterfront

Strauss & Co is pleased to announce the second of its contemporary art sales, the only such sale in South Africa devoted exclusively to this exciting category. The announcement of this 107-lot sale, due to be held on 16 February during the run of the Investec Cape Town Art Fair (15 – 17 February), coincides with news that Jack Ginsberg, noted Johannesburg collector and philanthropist, has joined the board of Strauss & Co.

Original Woza Albert! Comes to State Theatre Original Woza Albert! Comes to State Theatre

Performers and storytellers extraordinaire, the dynamic and renowned original actors of the internationally acclaimed South African classic Woza Albert! Mbongeni Ngema and Percy Mtwa, together with their original crew, have regrouped to stage this world-class form of protest theatre once more, and they are headed to the South African State Theatre this March 2019.

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