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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic Impact

38 Results / Page 3 of 5

Background
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Africa

Kenya floods: as the costs add up pressure mounts on a country in economic crisis

    By Timothy Njagi Njeru, Egerton University   There were early warnings that Kenya’s long rain season – between March and May – was going to bring above-normal rainfall. The extreme intensity of the rain has resulted in devastating floods in many parts of the country. Forty of the country’s 47 counties have been affected. More than 230 people have died and about 40,000 households, so far, have been […]

todayMay 10, 2024 28

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Africa

Nigeria’s minimum wage has never protected workers from poverty: here’s why

    By Stephen Onyeiwu, Allegheny College   Wages have become the top issue for Nigeria’s organised labour movements in the past year. Reacting to recent increases in the cost of living, the labour movement has been calling for an upward review of the national minimum wage, currently N30,000 (US$24) a month. The Conversation’s Adejuwon Soyinka asks economics professor Stephen Onyeiwu if Nigeria’s minimum wage truly protects workers from poverty. […]

todayMay 6, 2024 25

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Local

O&L leisure commences upgrades and renovations at Midgard

    Namibia is experiencing a transformative shift towards becoming a premier destination, and O&L Leisure is at the forefront of this evolution. With a steadfast commitment to authenticity, care, and passion, O&L Leisure proudly announces the commencement of upgrades and renovations to 25 rooms at Midgard, a cherished retreat nestled in the heart of Namibia's captivating landscapes. As Namibia transitions into a premium destination, O&L Leisure is aligning its […]

todayMarch 27, 2024 11

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Africa

Kenya’s greylisting for weak action on money laundering and terrorism financing: what that means and what must happen next

    By Louis de Koker, La Trobe University   Kenya and Namibia are the latest African countries to be placed on the Financial Action Task Force’s grey list over their weak measures against money laundering and terrorism financing. Being on the grey list is typically seen as an indictment of a country’s ability to identify and effectively redress financial crimes. It warns investors to be cautious in dealings with […]

todayMarch 26, 2024 5

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Africa

El Niño threatens Zimbabwe’s corn production

Zimbabwe has warned that farmland planted with corn has shrunk by 12% because of scorching El Niño weather patterns, threatening the nation’s food staple and potentially triggering surging prices and social unrest. We contacted Eddie Cross an economist from Zimbabwe for his comment.

todayMarch 14, 2024 47

Africa

African Games 2024: is it really worth it for Ghana to host the mega sport event?

    By Kamilla Swart, Hamad Bin Khalifa University   The African Games, formerly the All-African Games, is taking place from 8-23 March in Ghana. Scheduled for 2023, they were postponed due to a regional impasse over marketing rights, delays in getting facilities ready and Ghana’s growing economic crisis. Kamilla Swart researches and teaches sport mega-events. We asked her about the African Games’ potential for sport tourism and about the […]

todayMarch 7, 2024 15

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Africa

Antibiotic use on Kenya’s dairy farms is putting consumers and animals at risk

      By Dishon Muloi, International Livestock Research Institute and Arshnee Moodley, CGIAR System Organization   Farmers often use antibiotics to keep their livestock healthy. They’re sometimes used as “quick fixes”, to avoid more costly management measures like regular disinfection, waste management, routine vaccination or provision of clean drinking water. Animal husbandry now accounts for about two thirds of the global consumption of antibiotics. As livestock and fish production […]

todayFebruary 22, 2024 12

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Business / Economics

South Africa has spent billions in 4 years to create jobs for young people: how their wages affect the broader economy

    By Joshua Budlender, UMass Amherst and Ihsaan Bassier, London School of Economics and Political Science   In October 2020 the South African government launched a collection of public employment programmes, initially intended as a response to the COVID-19 pandemic. The initiative, called the Presidential Employment Stimulus, has been extended since then. The total budget allocation to March 2024 was R42 billion (US$2.1 billion). By December 2023 it had […]

todayFebruary 16, 2024 3

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