When wearing clothes, we should think about where they come from. The sad fact is that a lot of clothes that are sold cheaply are often affordable because the workers making the clothes are underpaid. Both men and women work in clothes factories, but the majority of them are women
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The importance of sustainable growth in Africa
If something is sustainable, this means that you can keep doing it or using it at the same rate in the future. In the context of economics, sustainable growth means growing the economy without leading to harmful future consequences. It may seem easier to grow in the short term by
Making businesses from waste
Waste is becoming a very big problem across the world. Africa makes 70 million tonnes of waste every year. By 2050 this will be more than 160 million tonnes a year. The average person in Africa makes half a kilogram of waste every day. This is increasing because there is
An introduction to economics
YASHAWI BAGGA INTRODUCTION TO ECONOMICS WHAT IS ECONOMICS? Economics is a subject in which people study how human beings work as a society to produce, sell, buy, and use goods (things like food, phones, cars) and services (like haircuts, teaching). It also studies how these goods and services are distributed
How to make the most of your resources by processing them
WHAT ARE RESOURCES? Resources are things that a country has the ability to either use, apply or sell to function or prosper. These come in two categories: Natural resources and Human resources. Human resources are skilled labour and other people who can work by money for the benefit of a
How to write a contract: A step-by-step guide
Contracts are a useful way for people to use the law to help themselves. They are an important part of business, and knowing how to make one is a very useful skill. Contracts can be both oral (for example when you buy fruit in the market you normally make on
How to write a good CV – Some practical tips
Having a good CV is very helpful when trying to find a job. A good CV will make you stand out from other people competing for a job. It may help you secure a job, and at the very least it will increase your chances of being interviewed. Writing a
How to build your financial future with the effect of “compound interest”
“Compound interest is the most powerful force in the universe” – Albert Einstein WHAT IS “INTEREST”? When you place your money in the bank, you are actually giving the bank a loan – they have your money until you decide that you want them back. Since you are lending money
How African diaspora is helping Africa develop and get wealthier
WHAT IS DIASPORA? The African Diaspora is the name for people of African origin who do not currently live n the continent, but who want to help the economic and social development of Africa. It is thought that people from the African Diaspora make up 39 million in North America,
Productivity is important and can be improved with the right techniques
The term “Productivity” describes the relationship between input and output. Many people think that productivity is a complex business or economic idea, but it is actually very simple. PRODUCTIVITY = OUTPUT/INPUT If you have to work excessively hard (put in a lot of input) to produce very little that is
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