Kenya is struggling with rising cost of living, writes Brian Dan Migowe, 23, a Correspondent from Kenya, who argues that solving the problem is more complex than cutting top salaries. Is cutting the wage bill a clean passage towards Kenya’s economic growth? Yes, when done correctly, timely and with a voice of inclusion for all. …
Tag: inflation
Malaysia is struggling with increasing cost of living, writes Geetha Kanniah, 18, a Commonwealth Correspondent from Malaysia, as she looks at how oil prices and taxes have far-reaching impact on the economy. Here’s my financial predicament – as a college student, my parents give me RM50.00 (USD 14) every two weeks, mainly for food and supplies. I …
Inflation and devaluation are hurting Zambia’s economy, writes Mercy Zulu, 24, a Correspondent from Lusaka in Zambia, as she examines factors behind the economic trend. I first moved to the vibrant city of Lusaka, Zambia in 2011 and instantly found myself thrown into an unaccustomed and much larger environment. Travel to my destinations evolved into …
A fall in Nigeria’s currency value has affected the prices of commodities in the market, writes Gerald Nwokocha, 28, a Correspondent from Abuja, Nigeria, as he examines the impact of and solutions to the issue. Official exchange rates at the Central Bank of Nigeria and the black market exchange rates differ. The slogan in the market place now …