Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Five tips for developing and managing your budget – even in tough economic times

Five tips for developing and managing your budget – even in tough economic times

THERE'S nothing quite like a new year to prompt us to take stock of our lives, our health, our goals – and our finances. Many people will start 2023 by contemplating how best to budget, plan and save. This is always a good set of aims, but it’s especially important in the inflation-prone and unpredictable economies we’re seeing all over Africa and the world. Author OLUWABUNMI ADEJUMO, Lecturer/Researcher, Obafemi Awolowo University Budgeting is especially key. It is the most effective method to monitor income and expenditure. Personal budgets can help you to monitor your resources in pursuit of larger financial…
Read More
COVID-19 crisis makes electricity too costly for millions in Africa, Asia

COVID-19 crisis makes electricity too costly for millions in Africa, Asia

THE economic toll from the COVID-19 pandemic has left more than 25 million people in Africa and Asia unable to afford electricity, threatening a global goal to provide power to everyone by 2030, international agencies have on Monday. Two-thirds of those affected were in sub-Saharan Africa, deepening disparities in the region's access to electricity, according to an annual global report tracking progress on sustainable energy. Millions struggled to pay for essential electricity services to power lighting, fans, televisions and mobile phones as the COVID-19 crisis hit jobs and incomes in 2020, the report said. This threatens progress in the last…
Read More
Beyond COVID-19, Africa needs an integrated approach to development

Beyond COVID-19, Africa needs an integrated approach to development

PETER ERIKSSON and BAN KI-MOON As the virus spreads across the African continent, innovative and collaborative initiatives are springing up to strengthen healthcare systems.  Mobile apps that transmit agricultural prices and weather forecasts to farmers are also being used to send out messages on how to avoid contagion by Covid-19. In South Africa, the government is working with the private sector to manufacture 10,000 ventilators. In Kenya and Ghana, garment factories have switched to producing masks and protective clothing. But in spite of this noteworthy spirit of collaboration and the efforts in healthcare systems to contain the pandemic, Covid-19 cases…
Read More