Page 35 - Economic Progress News Today

As South Africa veers from NDP jobs and poverty goals ‘course corrections’ proposed Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by With the National Development Plan’s (NDP’s) goals of achieving full employm...

Covid-19 slows down the eradication of pay inequality in SA, shows report Updated Neo Motloung Share this: The National Planning Commission (NPC) says the country has improved when it comes to income equality - until Covid-19 happened. File photo NPC Commissioner, Mariam Altman, says even though improvements have been made, the country remains among the most unequal societies in the world.   She told a webinar on Thursday morning that economic development growth in the country is also...

Three decades on, India is again at crossroad Premium One of the great paradoxes is that Indian industry is capital intensive despite the country having surplus labour. Job creation in industry has been weaker than expected. Art: The Dismantled Wheel by Prabhakar Pachpute, 2020 (Courtesy: Prabhakar Pachpute/Experimenter) Share Via Read Full Story Vishwanath Pratap Singh visited Kuala Lumpur in June 1990 as the Indian prime minister. He was surprised with the economic progress he saw around. M...

This analogy is interesting!!! ??? So, Zambia sold Mopani for $20m and $155 annual payments between 2003 and 2007, and today Zambia has bought back the same company for $1 and with that assumed a debt burden of $1.5 billion owed by the company to various lenders, suppliers and so on, this is merely months after the corporate entity declared the mine being uneconomic to run. My one question is ‘Whose brain was used to think this transaction through?’ Painful as certain things are, the best ...

By Sean Tembo – PeP President 1. For the past 4 years or so, we have been feverishly talking about 2021 general elections. But now that we are here in 2021, we are talking about 12th August. We are now remaining with 8 months to the day of the polls, about 6 months to nominations and only about 4 months to dissolution of Parliament. Speaking for ourselves at the Patriots for Economic Progress (PeP), we are ready for the election season and cannot wait for 12th August so that we can ascertain...

By Sean Tembo 1. As Patriots for Economic Progress (PeP), we have noted with interest the ongoing raging debate on the Presidential Jet. From the time that this Gulf-stream G650 aircraft was purchased a few years ago, we have been strongly opposed to the decision. However, our basis for opposing the procurement of the aircraft is premised on the fact that a more affordable aircraft such as an ATR or Bombardier could have been purchased by ZAF for use by the President, as opposed to purchasing a...

A Quick Peek Into 2021 Myanmar’s landmark the Shwedagon Pagoda in Yangon. / The Irrawaddy 4.7k By Kyaw Zwa Moe 1 January 2021 Before extending you all my well wishes for the New Year, let me share my quick peek into 2021: for our world, vaccines are on the way; in my country, Myanmar, an elected civilian government is preparing to begin an unprecedented second term; in the United States (and to the relief of the rest of the world), a refreshingly normal president will soon enter the White H...

China holds sway in Nepal as rival communist factions create crisis Reuters 12/31/2020 By Gopal Sharma and Rupam Jain © Reuters/POOL FILE PHOTO: Chinas President Xi shakes hands with Nepals PM Oli in Kathmandu By Gopal Sharma and Rupam Jain KATHMANDU (Reuters) - Alarmed that a political crisis in Nepal could endanger Chinas strategic interests and Belt and Road projects, a Chinese Communist Party emissary has held days of talks to try to stop the Himalayan countrys ruling...

Treat essential workers as essential The Economic Progress Institute released its biennial Rhode Island Standard of Need (RISN) report which shows what it costs to live in Rhode Island. The RISN calculates a no-frills budget that includes the cost of housing, food, transportation, health care, child care, and other basic necessities.  It also highlights how federal and state work supports help Rhode Islanders meet the costs of basic needs. This year’s report also looks at racial and ethnic d...

Indias decision to leave RCEP is mistake, should join trading bloc as soon as possible, says Montek Singh Alhuwalia Addressing a virtual event organised by the Centre for Social and Economic Progress, the former chairperson of the Planning Commission added that India isnt going to be part of the global supply chain if it keeps increasing tariffs File photo of Montek Singh Alhuwalia. AFP New Delhi: Terming Indias decision to pull ou...