Category
In the recently published 2021 Human Freedom Index (HFI) authored by experts at the Cato Institute and Fraser Institute, Nigeria placed 123rd among 165 countries and territories ranked in the study. One relatable consequence of this poor placement is that …
Continue reading
On 17 November 2021, Ghana’s finance minister Ken Ofori-Atta announced the government’s plan to introduce an electronic transaction levy (E-levy) during his 2022 budget statement reading. He mentioned that the move was necessary to “widen the tax net,” which would …
Continue reading
The debate on the benefits of trade has dominated this decade, and Africa has cast its vote for more and better trade with itself. In March 2018, African countries signed a landmark trade agreement, the African Continental Free Trade Area
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 …
Continue reading
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 …
Continue reading
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 …
Continue reading
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 …
Continue reading
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 …
Continue reading
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 …
Continue reading
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 …
Continue reading
