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

Economic Impact

41 Results / Page 3 of 5

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Business / Economics

NZ Budget 2024: tax cuts and borrowing don’t always fuel inflation – but Nicola Willis has to get the balance right

LazingBee/Getty Images     By Dennis Wesselbaum, University of Otago     On the eve of the first budget from the National-ACT-New Zealand First coalition government, there is ongoing debate over whether borrowing while offering tax cuts could trigger a rise in inflation. Finance minister Nicola Willis has confirmed the budget will introduce “meaningful but modest” tax relief. But what impact will these cuts have on New Zealand’s economy? During the […]

todayJune 5, 2024 18

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Africa

Malawi faces a food crisis: why plans to avert hunger aren’t realistic and what can be done

        By Joachim De Weerdt, International Food Policy Research Institute (IFPRI) and Jan Duchoslav, International Food Policy Research Institute (IFPRI)     Malawi is heading towards a severe food crisis later this year. Drought brought on by the El Niño weather pattern has affected the harvest of maize, the staple food grown by nine out of 10 farming households in the country. The government declared a state […]

todayJune 3, 2024 37

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South Africa

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

      By Ihsaan Bassier, London School of Economics and Political Science and Vimal Ranchhod, University of Cape Town     Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the income, employment and poverty effects of the largest minimum wage increase South Africa has […]

todayMay 17, 2024 20

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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 35

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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 27

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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 56

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 17

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