Tagged as: Economics

Ethiopia’s Garment Factory Workers: the Worst Paid in the World 

Workers in Ethiopia’s clothes factories earn $26 a month, the worst paid in the world. That is according to a recent report by New York University Stern Centre for Business and Human Rights. The report is based on the Hawassa Industrial Park, Ethiopia’s flagship industrial park supported by the government.

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Under the Influence: Big Alcohol in Africa

As demand for alcohol in the developed world slows, big alcohol companies are increasingly looking to Africa to make up the resulting losses. Whilst traditional African alcohol such as has generally been relatively weak (around 5-7%), the alcohols being introduced by Western countries such as cheap often carry much higher

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Logistics: A Business Opportunity To Consider

WHAT ARE LOGISTICS? First of all, it is important to understand what logistics are. In this article, logistics will refer to the planning and putting into place of often complicated systems in order to provide and distribute goods and services. WHY ARE LOGISTICS A PROBLEM? Many of the biggest challenges

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Is Food and Drink the Key to Future Economic Growth in South Africa?

’s food and beverage market is the most refined and advanced in the African continent, ideally placed to see a great increase in investment opportunities for investors both inside and outside Africa. There are many reasons why there is an estimated 4% to 7% increase expected in the sector by

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Should my Country Take out a Loan to Help its Development?

For a country to develop, it is important for them to have enough money to invest in important programs. To help those less developed countries get the money they need, international groups like the and the were created. They offer loans, often under the condition that (SAPs) are carried out.

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Chinese Investment in Africa: What is the Economic Impact?

Chinese investment in Africa has increased in the last decade. Ten years ago, China invested $90 million into four production projects. In September 2018, P, the leader of China, announced plans for a further $60 billion in financial support for Africa. The economic impacts have been positive in many areas,

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Are Social Media Taxes Good for the Economy? (Uganda)

Internet usage is growing rapidly across Africa, with over 20% more internet users in 2018 than in 2017. Consequently, many African countries are introducing taxes on different internet services. In July 2018, Uganda became the first African country to introduce a tax on using social media. HOW DOES THE UGANDAN

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Can Bitcoin Help African Individuals and Businesses?

Currently, 350 million people in do not have a bank account. As a monetary technology which has the potential to improve businesses and commerce,  can provide solutions to this. Bitcoin can remedy issues for individuals, and help connect them with businesses. WHAT IS BITCOIN? Bitcoin is often described as a

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