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.

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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Rwanda: Government to Invest More in Creative Industry Rwanda: Government to Invest More in Creative Industry

THE Rwandan Government wants to reap more from its creative and cultural industries and this week (Jul 2017) indicated that it plans to inject more funds into the industry. This according to Minister for Trade, Industry, and East African Affairs, Francois Kanimba, who addressed members of the creative and cultural arts industry drawn from different countries around the world in a workshop organised by the International Confederation of Societies of Authors and Composers (CISAC) in Kigali.

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Diversity & the decolonisation of SA’s creative industries Diversity & the decolonisation of SA’s creative industries

IT WAS Youth Month in June – and a time for critical reflection on the role the youth, a perennial target of and key player in the creative and cultural industries (CCI).

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Cape Town Carnival spinoffs in excess of R40m - report Cape Town Carnival spinoffs in excess of R40m - report

THE increasingly popular Cape Town Carnival is generating economic benefits for the city and creative industries, alongside social cohesion and stimulation of the creative economy.

‘Youth are missing major opportunities in creative sector’ ‘Youth are missing major opportunities in creative sector’

SOUTH AFRICAN youth are unaware of the job opportunities available in the creative and cultural industries (CCIs).

#SACOCOnf2018: Going beyond #SACOCOnf2018: Going beyond

WELCOME to the conference edition of the newsletter. This month we moved swifly to launch the SACO's 2018 Conference website, announce the conference theme, issue out a call for papers, and open registration. We have a very exciting international conference coming up that is both forward and backward looking as we seek of view 'Beyond the Creative Economy: Trends and Issues in National and Regional Economies’.

SAMRO bursaries help young musos live their dreams SAMRO bursaries help young musos live their dreams

THE SAMRO Foundation has cemented its commitment to investing in South African music by awarding five special bursaries to high-calibre students.

Call for nominees to serve on The Market Theatre Foundation Council Call for nominees to serve on The Market Theatre Foundation Council

IN TERMS of the Cultural Institutions Act, 1998 (Act 119 of 1998), the Minister of Arts and Culture, Mr Nathi Mthethwa invites members of the performing arts (Playhouse/Theatre) fraternity and the general public to nominate persons to serve as members of Council of the Market Theatre Foundation (Cultural Institution).

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