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To those of us who believe in a free market economy, price control is a bad concept. It attempts to repeal the law of supply and demand. It tries to fix a problem by introducing the strong hand of government into the equation. Besides, sellers are prone to just withhold supply if they feel the set price ceilings will make them lose money. In the end, everyone loses.
KATHMANDU, June 8: The Federal Road Supervision and Monitoring Office has issued a notice stating that road excavation will be prohibited starting from June 16 until mid-September.
The people of Laois are being asked to submit their views for the upcoming annual public meeting of the Laois County Joint Policing Committee (JPC). The fu...
I&M Bank (Rwanda) Plc has announced its financial results for the period ended 30th June 2022 where the lender registered Rwf6.5 billion before tax profit in the first half of 2022 translating into an increase by 25% from Rwf5.2 billion of last year.
Both in government and business, commitments to close the gender gap must be treated as investments in the future growth of the country. These commitments must be etched in mission statements, roadmaps, and measurable goals. Only then will they bring about meaningful change, writes Valli Arunachalam.