developing countries - The African Mirror

Nov

2022

COP27 key outcomes: progress on compensation for developing countries, but more needed on climate justice and equity

THERE were high expectations for COP27, the 27th Conference of the Parties to the UN Framework Convention on Climate Change. COP conferences broadly provide a platform for the negotiation of international climate change agreements. This was to be the first COP held in Africa since 2016. It was also framed as the implementation of COP, which would lead to action. Authors IMRAAN VALODIA, Pro Vice-Chancellor: Climate, Sustainability and Inequality and Director Southern Centre for Inequality Studies, University of the Witwatersrand JULIA TAYLOR, Researcher: Climate and Inequality, University of the Witwatersrand COP27 was expected to make progress on “loss and damage”.…

Apr

2022

By The African Mirror

How multinationals avoid taxes in Africa and what should change

BUSINESS

IN developing countries, and the sub-Saharan region especially, the scale of unmet basic needs is enormous. It is estimated that 3 billion people in the developing world subsist on less than US$2 a day per person. About 2.37 billion people are without food or unable to eat a balanced diet on a regular basis. The prevalence of undernourishment is highest in sub-Saharan Africa: 24.1%. Out of the almost 60 million children not in school, 33.8 million are in this region. Authors JIA LIU, Professor of Finance, University of Portsmouth OLATUNDE JULIUS OTUSANYA, Professor of Taxation, University of Lagos Revenues from…

Sep

2021

By The African Mirror

Breastfeeding trends show most developing countries may miss global nutrition targets

HEALTH

EXCLUSIVE breastfeeding, the practice of giving only breast milk (no other food or water), is the ideal for an infant’s first six months. Breast milk contains all the essential nutrients an infant needs at this stage. DR DICKSON AMUGSI, Associate Research Scientist, African Population and Health Research Center Research has illuminated the longer-term health benefits of exclusive breastfeeding for the mother and child. These benefits include reducing the risk of overweight and obesity in childhood and adolescence and certain non-communicable diseases later in life and enhancing human capital in adulthood. Additionally, breastfeeding reduces the risk of breast and ovarian cancers,…

Jul

2021

By The African Mirror

Virus variants threaten global recovery, G20 warns

COVID-19

GAVIN JONES and LEIGH THOMAS AN upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world's 20 largest economies warned on Saturday. The G20 gathering in the Italian city of Venice was the ministers' first face-to-face meeting since the start of the pandemic. Decisions include the endorsement of new rules aimed at stopping multinationals shifting profits to low-tax havens. That paves the way for G20 leaders to finalise a new global minimum corporate tax rate of 15% at a Rome summit in October, a move that could…