Introduction As countries face persistent exchange rate issues, the debate over dollarizing African economies has intensified. Dollarization, the adoption of the US dollar as a primary or reserve currency, is argued to provide stability and credibility. However, critics highlight the potential loss of monetary sovereignty and economic vulnerabilities. This essay
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Tagged as: African Economy
The Collapse of the South African Taxi Industry
Introduction The South African Taxi industry emerged by necessity. During Apartheid, when segregation was the norm and modes of transportation were scarce – especially for the Bantu people, the taxi industry provided quick, reliable and cheap transportation that provided access to the cities for the previously marginalized and excluded. Minibuses