To … Advantages and disadvantages . This essay will cover its successes as well as weaknesses in terms of strengthening its ties amongst the member states through social, economic and political matters. I am trying to list the Pros and cons of using a mobile phone in this post. A currency union, therefore, appears to be en vogue as (at least one part of) a solution. a) Foot prints across Africa Communications Office The AfCFTA was conceived in January 2012 after the 18th Ordinary Session of the Assembly of Heads of State and Government of the African Union, held in Ethiopia. The AU now pays more attention to international development cooperation and relationship with international partners than has hitherto been the case. ADVANTAGES: DISADVANTAGES: National interest: It is not advisable for States to become too dependent on 5th freedom services to serve their needs. In pursuit of prosperity in the region, the AU has in place declarations and institutions to promote and support economic integration among its 54 member states as the pathway to sustainable development. Slavery did not become a moral cause of the Union effort until Lincoln announced the Emancipation Proclamation in 1863. The African Union is an organization that was established on July 10th 2002 in South Africa. 9 Disadvantages and Advantages of Labor Unions. Advantages And Disadvantages Of The African Union African Fashion Analysis. SATUCC Southern Africa Trade Union Co-ordination Council SESTUZ Secondary School Teachers Union of Zambia SNC Standing Negotiation Committee SNDP Sixth National Development Plan SSA Sub-Saharan Africa SSANIP Senior Staff Association of Nigerian Polytechnics . Press and Media Relations disadvantages: - there is corruption withing the leaders of the organization-focusing on only one goal in which … Citizens of some AU member states are apprehensive about the consequences on their personal well- being and livelihoods of growing Chinese presence in their national economies. • Improve returns on assets, provide international customer service standards, The disadvantages must be recognized, however, and then proactively removed from the equation to prevent loss of life, reduced economic influence, and other unforeseen issues that may arise. Advantages and disadvantages Implementing a new currency in a country is always a controversial topic because it has both many advantages and disadvantages. Coventry 1. KENYA REINSURANCE MISSION AND VISION Following its appointment in 1994 as Hewlett Packard’s distributor in East Africa, the company created two main divisions; one dealing with supplies to end users and another supplying re-sellers. This is their official website. Political globalization is the reason that the UN exists and can uphold political peace between countries and help foreign countries aid African countries in need. Civil marriages are recognised and fully protected by the law, as are the other valid marriages in South Africa, namely customary marriages and civil unions. This These objectives include; According to the U.S. Bureau of Labor Statistics, the 2014 median weekly pay for full-time workers belonging to a union was $970, compared to $763 for their nonunion counterparts. With consistent growth came diversification. ... leaders would rather enjoy the luxury of being African when it suits them and Middle Eastern when that offers more advantages. The AU rightly recognizes the demographic dividend to be reaped from the region’s youthful population structure, as numerous countries in Asia have benefited from over the past two decades, and, hence, member states are encouraged to link their growth performance and development pattern to the creation of employment and socio-economic opportunities especially for young people. Kenya reinsurance has formulated specific objectives that contribute to the success of the organizations. The majority of trade unions are independent of the employer. The main example of this is the introduction of the Euro in the European Union. The charter that created the OAU was the result of several multinational African conferences held in the 1950s and 1960s aimed at supporting Africans "Covid-19 has given us the opportunity to see the power of the private sector" -Asmae Boureddaya @AsmaeB15… twitter.com/i/web/status/1… Africa’s traditional partners in the West tend to view its relationship with China with some concern and scepticism regarding motive and outcome. A trade union is an organisation which consists of members, including workers and union leaders who come together to protect and stimulate their common interests. Disadvantages of the free trade area. They work directly with their union board to communicate their demands, and the union board then negotiates with the employers on the workers behalf. There have also been some hiccups or setbacks, such as the decision by the AU to move its July 2012 bi-annual summit from Lilongwe, Malawi, to Addis Ababa in response to Malawi’s refusal to invite the Sudan’s head of state, Omar al-Bashir, from participating on the ground that he is charged and under a warrant of arrest by the International Criminal Court (ICC) for war crimes: this, in a way, reflects a potential conflict between African regionalism and international mechanisms to promote and protect the rule of law, justice and respect for human rights. Southerners enjoyed the initial advantage of morale: The South was fighting to maintain its way of life, whereas the North was fighting to maintain a union. This is the oldest Customs Union in the world, dating back to 1910, before its member countries were independent. The African continental free trade area (AfCFTA) was signed in Kigali, Rwanda, on 18 March 2018. Facebook Twitter Google+ LinkedIn StumbleUpon Tumblr Pinterest Reddit VKontakte Odnoklassniki Pocket. The biggest advantage of indigenous education is that you are able to make education more relevant to the learner because it becomes more relate-able, it becomes more modern The only disadvantage that I know of is that it’s difficult to do. The African Union after 10 years: Successes and Challenges. The African Union has been effective in boosting cooperation and unity within Africa, putting its efforts towards diminishing conflict and boosting democracy. With the advantages and disadvantages of the European Union, there are many positives to consider from a relationship standpoint. The African Union is one of the world's most important intergovernmental organizations. A single currency is when a number of countries join their currencies together into one single currency. rd by the YD. These leaders include Abraham Lincoln, Philip Sheridan, and Ulysses Grant. African cultural forms continue to survive and thrive because of its. It is noted how Nelson Mandela was also acknowledged for helping to achieve this unity, as he had secured the rights to host the event in 2004 (Adams, 2010). The average American believes 25% of the government’s budget goes to foreign aid. The AfCFTA is the largest in the world in terms of participating countries since the formation of the World Trade Organization,2 as it translates to a marke… The processes of economic integration have positive and negative consequences for the countries, although they are not the same in all cases. Therefore, within a South African context I/O psychologist aim/goal is to provide a space were diversity and transformation among employees are encouraged as well as implementing employee-orientated activities, in connection with human resources; economic and marketing improvement and improving competitiveness among South Africa (Kriek, Kenya Re is committed to offering world-class reinsurance service. Comparative Advantage Greater Freedoms for it’s populations New Markets Reduce Poverty Benefits of Globalisation 1. Economic Stability During the breakout of the Civil War, northern states were within the industrial revolution. Advantage . The AU was modelled on the European Union with structures that included an Assembly of heads of state/government, an Executive in which countries were represented by their foreign ministers and the AU Commission which is the administrative branch made up of 10 commissioners and headed by a President. The headquarters of the AU is now housed in a magnificent multi-million dollar complex in Addis Ababa that has been provided by the China as a “ gift to Africa”. With Africa rapidly on the rise – home to seven of the world’s fastest growing economies – African leaders are looking to safeguard a future of sustained growth. Coronavirus (Covid-19): Latest updates and information, The African Union after 10 years: Successes and Challenges. When countries can freely move products across borders, then each nation gets to take advantage of the manufacturing, commercial, and industrial strengths of every other economy in the agreement. like in the case of European union all the 12 countries had to give up their monetary rights to the European central bank with decides the monetary policies for all the nation . With the disadvantages of it, many people today are not happy primarily on the health issues and other negative things that affects in their everyday living. ... the independence of Angola and Namibia and in other matters relating to the African Union. AU observer missions are now sent as a matter of routine to cover elections in all member states, in accordance with the African Charter on Democracy, Elections and Governance (2007). A move that is expected to usher in the establishment of an African Customs Union. 1. Free trade area and customs union both deal with tariffs and trading. Advantages and Disadvantages of International Trade. Focusing on the advantages, and disadvantages, of both the Union and Confederate States and how that, if at all, affected the outcome of the Civil War. It allows local business and IT staff to be innovative (Viaene & De Hertogh, 2010, p. 324). East African Community If their objectives were to be implemented, it can be a game changer in the region. This has given the Union a more strategic advantage over the Confederacy.2. The issue of economics is a very different question, since each member has unique needs that a continental body cannot always meet. Fax: +44 (0)24 7646 1606. Fashion tells a visual story, oftentimes coupled with a story of history and tradition, and this is invaluable for promoting the sustainability of Africa culture” (Pool, n.d.). The idea is not for African designers to fight the uphill battle of patenting traditional design, but to better establish and enhance their economic gain on the global design platform to help propel them as the industry’s leaders in African design content. Social media is a platform that we use every day and spend much time on them. There are many benefits that the EU has brought to the world from an international perspective. Despite numerous protocols and signing of technical consensus documents to facilitate the free movement of goods and people across borders, the AU’s record in stimulating the removal of trade barriers between countries in the union is less than impressive and the value of intra-African trade is still abysmally low as a percentage of total trade. This is most obvious in the case of China’s ever growing presence in Africa, which the AU appears to regard as a positive factor. Please let us know if you agree to functional, advertising and performance cookies. Manufacturers can easily copy other member countries’ products. TRADE UNION … The African Children’s Charter, which so far has been ratified by 45 out of Africa’s 54 0 states, is intended to take into account the economic, social, political, cultural and historical experience of African children, and thereby provide a distinctively African framework for … The present experience of monetary union within the EU could also be a source of disincentive. 2. It was a major event in not only our nation, but the world’s history. Disadvantages of currency union Loss of sovereignty: – This means that country adopting the Common currency has to give up the Monetary policies to the body who is controlling the union . When law enforcement is weak, the threat to intellectual property is also higher. The EEC created a Customs Union when it formed in 1957. Jan 28, 2016 May 15, 2015 by Crystal Lombardo. Free trade area. mandate of the then Organization of African Unity (OAU), now African Union (AU). Advantages and Disadvantages of The Union and The Confederacy. At the African Union’s (AU) 18th Ordinary Session in January 2012, held in Addis Ababa, Ethiopia, the heads of state and government of African countries agreed to establish the African Continental Free Trade Area (AfCFTA).1 This free trade area is outlined in the African Continental Free Trade Agreement among 54 of the 55 AU member states currently. To create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of the Continental Customs Union and the African customs union. They work directly with their union board to communicate their demands, and the union board then negotiates with the employers on the workers behalf. The AU would have to adopt an appropriate strategy to manage international cooperation in an era of globalisation and in a changing world order; it would need to come up with a relevant and practical conceptualisation of ‘innovative and transformative partnership’ which its member states would certainly need to complement national development efforts. Maybe more importantly, founder and creative director of online African fashion and lifestyle boutique Heritage 1960, Enyinne Owunwanne, suggests that “storytelling is one of the most meaningful methods of cultural proliferation. “Cultural globalization refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. University Profile CV4 7AL Advantages & disadvantages of single currencies Advantages & disadvantages of single currencies / monetary integration. the Africa Union is from its creation - a joke destined to fail and again prove the world right – Africa cannot guide itself out of the condition that it finds itself in. In reality, about 1% of the budget is directly associated with this practice. In today’s highly globalized world, with new creative innovation sprouting up around the continent, African innovators must understand the value of their design and cultural ideas, and understand that by protecting and promoting their cultural intellectual property they can become narrators of the story of African fashion. Advantage: Stable Workforce Employers with unionized workers have the assurance of a stable and well-trained workforce. The brilliant Ricardo devised this, it is the ultimate argument to those who argue Economics is either too complicated to be of any use or simple common sense. Member countries can no longer earn revenue from tariffs. 2016, p. 1371). Although the Confederacy had good leaders too, the Union had more. Its solutions, that is its products are fully customised and delivered through the most extensive banking network in Africa. With Egypt’s parliamentary ratification, three weeks from the anniversary of the signing, 19 out of the required 22 ratifications are in hand, signalling that meeting the objective of ‘entry into force’ (30 days later) is within reach.. FedEx has a program to empower and motivate employees with responsibilities and allowing them to make some decision to improve delivery that enhances customer satisfaction (Mohammed, et, al. Regional integration refers to various types of political and economic agreements that form closer ties between sovereign countries. The agreement will be the largest trade agreement in history since the creation of the World Trade Organization. Monetary union: this is when two or more unified countries use the same currency with having the fixed exchange rate and this controlled by one central bank this is considered as the last step of economic integration. b) Local Knowledge of Africa Regional integration refers to various types of political and economic agreements that form closer ties between sovereign countries. Threats to intellectual property. OAU Organisation of African Trade Union Unity ODC Offshore Development Company OECD Organisation for Economic Co-operation and Development OTUWA Organisation of West African Trade Unions . Some of the major aims of the African Union include solving of the problem of the slow pace of economic development in the continent and to promote unity and solidarity among African countries. In fact, there are major differences among the West African … • Be Africa’s best source of reinsurance security and service provider, increase gross premiums from new and existing markets, Facebook. Advantages And Disadvantages Of Trade Unions In South Africa 1699 Words | 7 Pages. (Kriek, 2012). Although union members typically enjoy higher wages, membership in a union has both monetary and nonmonetary costs. Advantages And Disadvantages Of The African Union 965 Words | 4 Pages. Advantages and Disadvantage of Mobile Phones. Free trade creates economic growth opportunities.The free trade agreements in North America helped the U.S. economy grow by an average of 0.5% per year more than it would have otherwise. The African Union was established in order to solve so many issues facing the African continent and beyond. SHARE. Through the indiscriminate exchange of 5 th freedom traffic rights, African carriers could face direct and You can update your cookie preferences at any time. Africa is the largest recipient of foreign aid, which is thought to have moved African economies forward as this can be seen from the rise in number of school going children, accessibility to health services, efficiency in armies, improvement of infrastructure such as roads, stadiums, bridges, universities and the shift in the gross domestic product of the recipient countries, including also creation of job opportunities for people.