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    Josia Shigwedha

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    Josia Shigwedha

Economic Impact

64 Results / Page 6 of 8

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Namibia

Environment Ministry Namibia reports strong increase in tourist arrivals in 2023

The Ministry of Environment, Forestry and Tourism has released the Annual Tourist Statistics Report for 2023, highlighting a significant rise in tourist arrivals in Namibia. Notably, the African market emerged as the leading contributor, accounting for 71.8% of total arrivals. During the report's launch, Environment Minister Pohamba Shifeta acknowledged ongoing challenges faced by the tourism industry, including global economic conditions, climate change, and security concerns. He emphasized the need to […]

today15 July, 2024

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South Africa

Don’t leave workers behind in green transition: SAfrica president

      This afternoon, South Africa's President Cyril Ramaphosa reaffirmed the nation's commitment to transitioning towards renewable energy but insisted that communities and workers must not lose out. Africa's most industrialised economy is one of the world's largest greenhouse-gas emitters, relying on coal for 80 percent of electricity generation. The fossil fuel is a bedrock of the economy, employing more than 100,000 people. "We are in reality facing a climate […]

today15 July, 2024

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Lifestyle

Emigration: The hidden catalyst behind the rise of the radical right in Europe’s depopulating regions

Smaller towns and villages in Sweden have suffered economically as a result of out-migration. Jonathan Nackstrand/AFP via Getty Images     By Rafaela Dancygier, Princeton University and David Laitin, Stanford University     Earlier this spring, the European Parliament voted to overhaul its immigration policy to more evenly distribute responsibility among member states for managing the arrival of migrants and asylum-seekers. Lurking in the details of the agreement, however, are provisions […]

today7 June, 2024

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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 […]

today5 June, 2024

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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 […]

today3 June, 2024

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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 […]

today17 May, 2024

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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 […]

today10 May, 2024

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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. […]

today6 May, 2024

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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 […]

today27 March, 2024