Introduction In Africa, financial literacy is more than just a skill; it’s a key to autonomy, prosperity, and sustainable development. However, many individuals lack basic financial knowledge, exposing them to significant economic risks. This article explores the challenges of financial literacy in Africa, the opportunities to seize, and concrete ways
EMAIL US AT
hello@rightforeducation.org
Financial Literacy
Should Capital Gains Taxes be Introduced to Namibia?
Introduction The Namibian Taxation system is characterized by its unique territoriality principle, known as the source basis. This system includes various taxes such as value-added tax, corporate taxes, custom duties, income tax, and Pay As You Earn to the exclusion of Capital Gains Taxes. To assess the question of whether
Bargaining: a source of uncontrolled enrichment.
Introduction “Trade is the life of humanity (…)” rightly asserts Jean Baptise Say to signify the fact that no man can deprive himself of trading, man being by nature a being of need. In its practice, trade, which is assimilated to an economic activity that consists of buying, selling, exchanging
Money Moves: How Financial Smarts Build Young Africans
Introduction Imagine a future where every young African understands how to manage money, make smart investments, and create wealth. Financial literacy is more than just numbers—it’s the key to financial freedom and a prosperous future. When young people learn how to save, budget, and invest wisely, they gain control over
Financial education in Madagascar: the key to a prosperous future
Introduction Madagascar is at a critical juncture where financial education can play a major role in reducing economic inequality. With over 81% of the population living below the poverty line, understanding the basics of financial management is becoming a necessity to ensure a more stable and prosperous future. However, many
Tribalism, Financial Exclusion and the Economic Costs of Ethnic Divisions
Introduction Tribalism, or the strong loyalty to one’s ethnic group, has far reaching implications, not only in the social and political spheres but also in economic development. In many countries, particularly those with diverse ethnic communities like Nigeria, tribalism creates significant barriers to financial inclusion. Financial inclusion, the process of
The influence of financial education on the adoption of mobile money in Chad
Introduction In Chad, as in several African countries, mobile money is experiencing significant growth. This system, which allows financial transactions to be carried out via mobile phone, is a valuable alternative to traditional banking services, especially in a country where access to bank branches is limited, particularly in rural areas.
The psychology of money: Unlocking financial literacy
Introduction Money, a simple tool for transactions, is intricately connected to our emotions, beliefs, and behaviours. The psychology of money explores how our mindset and habits around finances influence our decisions and, ultimately, our financial well-being. At the core of this lies financial literacy; the ability to understand and manage
Digital Financial Education: Key to Economic Independence in Africa
Introduction In an increasingly digitalized world, Africa is at a strategic crossroads where financial education plays a crucial role in its economic growth. As many young Africans and entrepreneurs embark on the digital sector, financial independence seems within reach, but it requires solid financial management skills. This article explores how
Surviving Inflation in Mozambique’s Troubled Economy
Introduction Mozambique’s economy continues to grapple with soaring inflation, exacerbated by ongoing political turmoil and regional instability. For many citizens, the festive season of Christmas and New Year, traditionally a time of celebration and generosity, was marked by austerity and tough choices. Rising costs of basic goods, coupled with restrictions