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The Federal Government has imposed a sugar tax of N10 per liter on all non-alcoholic, carbonated, and sweetened beverages in the country. This charge is one of the new policies included in the Finance Act, which President Muhammadu Buhari signed …
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Foremost international financial institutions have opined that Nigerians need to pay more tax to finance the country’s development drive. But Nigerian businesses have to deal with numerous macro-environment issues and multiple taxations. In the midst of the argument on not …
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The Fourth Industrial Revolution is rapidly changing the nature of work in recent times. Policymakers are grappling with integrating 4IR technologies into their economies, but for Cameroon and Nigeria, free trade is a useful tool in supporting manufacturing …
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The SA economy is mired in a low-growth cycle. The 2021 medium-term budget policy statement delivered by finance minister Enoch Godongwana indicated a growth forecast of 1.8% for 2022 and 1.6% in 2023 — with our emerging-market peers expecting growth …
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James Meade, the British recipient of the Nobel Prize in economics, reported in 1961 that Mauritius faced a bleak future. The country was reliant on a single crop (sugar), subject to weather and price shocks, threatened by overpopulation, had no …
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According to estimates from the Cameroon Agriculture Ministry, the country produced 140,170 tons of rice in 2020. It experienced a local need of 576,940 tons, which gave way to a shortfall of 436,779 tons. This is not surprising as Cameroon …
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Statistics South Africa has published the Quarterly Labour Force Survey (QFLS) for Q3 2021, showing how continued lockdown restrictions, load shedding, and the July riots impacted jobs in the country.
The results show that the number of employed persons decreased …
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Much has been written about the potential economic benefits of the new African Continental Free Trade Area (AfCFTA). However, few people have asked: how will the new trade deal help African states develop a resilient agriculture sector?
Food is crucial …
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According to the World Bank’s South Africa Economic Update (Edition 13) titled ‘Building Back Better from Covid-19 with a Special Focus on Jobs,’ the pandemic has exposed long-standing structural weaknesses in the South African economy. These have progressively …
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Over a year ago, Nigeria’s President Muhammadu Buhari launched an economic plan designed to mitigate the impact of the COVID-19 pandemic.
Since the outbreak of the pandemic, Nigeria has recorded 207,618 cases of infection and 2,745 deaths as of October …
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