A Nobel Prize winner in economics, Amartya Sen, gave a good concept of development. In his book Development as Freedom, he writes, “We live in a world of unprecedented opulence, of a kind that would have been hard even to
By Francis Nyonzo. The modern microfinance model, which uses group lending, was once considered a panacea for poverty alleviation. The originator of the idea, Prof. Muhammad Yunus, received the Nobel Prize for it. He was once quoted saying, “The only
By Francis Nyonzo In my recently published paper on denominational inflation, I have shown how currency with the highest denomination affects price setting and causes inflation. Focusing on Tanzania as the case study, the research has shown that it
With Donald Trump’s administration allowing a self-imposed trade deadline to expire on August 1st, a cascading effect of new tariffs was released on a list of 69 countries. The decision, part of “America First” Trade Reset was intended to punish what
By Muoki Musila It’s a sovereignty issue… When I questioned whether the Pan-African Payment and Settlement Systems (PAPSS) could survive the looming digital currency wars, I had no idea that it would roar back with a double-barreled announcement. The intra-African
Why It Matters Kenya’s renewed plan to extend its Standard Gauge Railway (SGR) from Naivasha to the Malaba border is reshaping the role of infrastructure in East Africa, from a traditional development tool into a powerful instrument of diplomacy and
By Muoki Musila Hope in the Skies, but will it land? In a post intended to ridicule Africa’s dysfunctional air transport sector on Africa Day, Kenyan journalist Larry Madowo shared a Kenya Airways itinerary from Nairobi to Abidjan that
Not a member yet? Register now
Are you a member? Login now