reforms

MPs Debate Pension Fund Reforms

Lawmakers are actively reviewing proposed amendments to the Members of Parliament and Other Office Bearers Pension Fund. The discussion is focusing on enhancing financial security for public office holders and ensuring sustainability. Some MPs are arguing for increased contributions, while others are raising concerns about fiscal responsibility. The reforms aim to balance long-term benefits with economic realities. A final decision is set to be made after further consultations.

6 March, 2025 37

Namibia

Lawmakers set to debating prison conditions and equitable wealth distribution

Lawmakers are set to debate prison conditions, infrastructure development, and equitable wealth distribution. Concerns are being raised about overcrowded correctional facilities and inadequate rehabilitation programs. Infrastructure talks are focusing on improving roads and public utilities in underserved regions. MPs are also examining how national resources are distributed under the One Namibia, One Nation principle. Further discussions are shaping potential reforms in these sectors.

6 March, 2025 16

South Africa

S.A. Trade Minister Says Davos Meeting to Showcase South Africa’s Economic Progress

S.A's Minister of Trade, Industry, and Competition, Parks Tau, says the World Economic Forum Annual Meeting will be a platform for South Africa to show that it addresses the challenges facing the economy and the country. He says the importance of attending the WEF meeting cannot be underestimated in the face of South Africa’s ambitions to prop itself up as an investment destination of choice:

17 January, 2025 26

World

Vietnam restructures media in cost-cutting drive

One of Vietnam's largest state TV broadcasters went off air today as part of sweeping bureaucratic reforms that will see 20 percent of the public workforce cut across the country. The ruling Communist party wants to streamline the political system to reduce red tape and slash spending. The reforms will see eight ministries and government agencies cut and media organisations restructured in reforms described as "a revolution" by senior officials. […]

15 January, 2025 23

Namibia

Namibia’s Rating Upgraded: Importance for the Country and Its People

By Josef Kefas Sheehama Periodically, the Namibian government establishes policies to address the unstable state of the economy. Encouraging economic growth requires policymakers to put in place measures that support investment, innovation, and entrepreneurship. Therefore, the government can assist in fostering an environment that is conducive to business and promotes employment and economic growth. As an Independent Economic and Business Researcher, I therefore wholeheartedly commend the […]

6 June, 2024 28

Africa

Kenya’s public universities: financing model overhaul fails to address biggest challenge – funding

By Ishmael Munene, Northern Arizona University Kenya adopted a new approach to public university funding beginning with the 2023-24 academic year. Rapid student enrolment growth and declining state revenues have triggered the need for the reforms, which will require students to meet a higher proportion of costs. Ishmael Munene, who has a scholarly interest in African higher education, examines the background to these reforms. What are the […]

7 May, 2024 24

Business / Economics

South Africa’s security forces once brutally entrenched apartheid. It’s been a rocky road to reform

By Sandy Africa, University of Pretoria One of the important tasks that faced South Africa’s democratic government after 1994 was to reform the apartheid-era security apparatus. The African National Congress (ANC), which was voted into power, had a laudable vision in the 1990s for reforming the police, military and intelligence services. Determined that South Africans would never again be subject to the brutality of the security forces, […]

22 April, 2024 39

Africa

Ethiopia looks to the Singapore model to lure startups in sweeping new reforms

By Seth Onyango, bird story agency Ethiopia has unveiled sweeping reforms to support a burgeoning startup industry and turn the country into a leading incubator of entrepreneurs. Notable changes include slashing a 30% capital-gains tax on the transfer and issuance of shares, according to Brook Taye, Director-General of the Ethiopian Capital Market Authority. The move, combined with an allowance for startups to retain all foreign currency […]

16 April, 2024 17

Business / Economics

IMF Ukraine / Commercial Real Estate Risks / Zambia

The IMF praised the Ukrainian authorities for implementing anti-corruption measures in a new law, spokesperson Julie Kozack told reporters Thursday (March 7) in Washington, DC. “On the corporate governance law, the approval of what we would consider a landmark corporate governance law is a very important step towards strengthening state owned enterprises (SOEs) in Ukraine,” said Kozack. “The law enhances the role of supervisory boards and brings Ukrainian […]

11 March, 2024 46