· April, 2008

Stories about Economics & Business from April, 2008

Sri Lanka: Status Symbol

  30 April 2008

“Your degree of access to an air conditioned environment indicates how close (or far away) you are to the vast underclass of permanent poverty,” comments Cerno on third world’s biggest status symbol -Air Conditioning.

Sri Lanka: Status Symbol

  30 April 2008

“Your degree of access to an air conditioned environment indicates how close (or far away) you are to the vast underclass of permanent poverty,” comments Cerno on third world’s biggest status symbol -Air Conditioning.

Africa: Sleeping giants

  30 April 2008

Bankelele wonders whether Africa has to reform or develop: “Rwanda is on the fast path to being an ICT powerhouse. They may get there, but we have the beach, undersea cable etc. – all we have to do is wait to benefit from them. Uganda and Sudan have oil –...

Zimbabwe: Pay Day Facts

  30 April 2008

Pay day in Zimbabwe: “Today is pay day. I received a gross wage of just under $860 million. I also received benefits being $400 million dollars as a transport allowance and $67 million as a housing allowance. These benefits were awarded by the government as some sort of assistance towards...

Thailand: Boycott Tesco Lotus campaign

  30 April 2008

British company Tesco Lotus has sued three Thai journalists in just one month for writing about the “aggressive” operations of the global retailer in Thailand. As a protest, Fable supports a worldwide boycott campaign of Tesco Lotus.

South Africa: Should South Africans boycott Chinese products?

  30 April 2008

Sarah asks, So, could South Africans boycott Chinese products with any justification?: “Consumer boycotts have long been a means for ordinary consumers to express their anger with a country and hit regimes where it hurts most, in their wallets – even if only indirectly.”

Barbados: False Pride?

  30 April 2008

“Tourism has become the life blood of most of the Caribbean countries and it needs to be re-energized”: Living in Barbados wonders whether the region can be proud of its tourism offering.

Uganda: Ten Things I want Explained

  30 April 2008

Ten Things Ugandan Imsoniac wants explanation: “Why Andrew Mwenda is arrested and it makes international headlines and yet when 13 journalists in radio stations around the country were (between January and March this year) arrested for doing their jobs, publicly threatened by politicians and sacked for speaking the truth it...

Uganda: Ugandans spend $18 million on Internet access

  30 April 2008

Scarlett Lion discusses the cost of Internet access in Uganda: “Internet in Uganda is prohibitively expensive. At a fast internet cafe, it will cost about Ush 3,000 per hour ($1.70). It may cost less per hour somewhere else, but the speed of the connection may be so slow that the...

Mozambique: On unemployment and the government responsibility

  30 April 2008

Basilio Muhate [pt] expatiates on the high unemployment rates in Mozambique and the role government play in it. “Bureaucracy also causes many problems in the labor market, mainly because of decisions that are not consistent with reality and real economy, where public spending (government spending) is often determined by political...

Caribbean: Food Shortages

  30 April 2008

“If music be the food of love, play on”, wrote Shakespeare, who could not possibly have anticipated the global food crisis the world is facing today. Rising food prices are a hot topic with bloggers the world over – and the Caribbean is no different. The “music” coming out of...

China: RMB Exchange Rate

  29 April 2008

YuLizheng wrote a long piece [zh] on the implication of the rise in RMB exchange rate on China economy. The blogger stressed that the property bubble, inflation and rise in currency are strong indicators of an economic crisis.