25 Results

Is Cryptocurrency the Solution to Zimbabwe’s Money Crisis?

Region: Zimbabwe

Topics: EconomyMoney

In Zimbabwe, cryptocurrencies appear to some as a solution to the currency crisis. A new platform – SPURT – is gaining popularity, but not everyone is convinced that the benefits outweigh the risks.

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Tobacco is Their Prized Crop. The Sri Lankan Government Is About to Ban It

Region: Sri Lanka

Topics: AgricultureEconomyJobs

Facing an upcoming ban on tobacco production, farmers in Sri Lanka are hard-pressed to find an alternative crop to replace their livelihood. But many worry that it won’t be enough to sustain them.

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Zimbabwe: When the Value of Money Changes Daily, What Does it Cost to Live?

Region: Zimbabwe

Topics: EconomyMoney

Zimbabwe’s economic situation fluctuates as changes to the currency leave people concerned about their savings and ability to earn a living.

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Zimbabwe’s Film Industry Hit Hard by Economic Troubles

Region: Zimbabwe

Topics: ArtsEconomy

In the years following independence, Zimbabwe’s film industry was thriving. Now, reduced investment and the recent economic crisis are taking a toll. Even actors with the distinction of being household names are feeling the effects.

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After the Diamond Rush: Shoddy Housing, Few Jobs in Eastern Zimbabwe

Region: Zimbabwe

Topics: EconomyExtractives

Zimbabwe’s massive diamond discovery was expected to bring wealth to local people. But so far, they have only seen tightening restrictions and unfulfilled promises.

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In Zambia, Scams on the Rise as Mobile Money Booms

Region: Zambia

Topics: BusinessEconomyMoney

Across Africa, mobile money is everywhere. But, as some Zambians are finding out the hard way, scammers are everywhere, too.

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As Bond Note Value Drops, Zimbabwean Money Clubs Watch Savings Disappear

Region: Zimbabwe

Topics: EconomyMoney

Members of savings groups in Zimbabwe eagerly anticipate receiving the money they’ve saved incrementally over the previous year. But as the bond note continues to drop in value, some members are in for a rude awakening.

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Coffee, a Storied Source of Wealth in Rural DRC, Grows Again

Region: Democratic Republic of Congo

Topics: AgricultureBusinessEconomy

The terrain around Hutwe, a village in DRC’s North Kivu province, has long been rich and fertile, but armed violence there in the 1990s and 2000s isolated the area. Now, the violence has abated, and a cooperative is helping farmers process and sell their high-quality coffee.

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Minimum Wage Hike Backfires for Domestic Workers in Zambia

Region: Zambia

Topics: EconomyJobsMoney

The Zambian government passed a law in 2018 that dramatically increased the minimum wage. But the move, intended to help workers, has left maids scrambling to find jobs.

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In Zimbabwe, Children’s Charities Struggle to Fend Off Growing Food Insecurity

Region: Zimbabwe

Topics: Child RightsEconomy

In Zimbabwe’s capital, many children rely on daily meals offered by neighborhood drop-in centers. As center administrators struggle to provide consistency despite the crumbling economy, they wonder privately how much longer it will last.

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