23 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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Workers in Nepal Are Leaving. Can Government Loans Make Them Stay?

Region: Nepal

Topics: JobsMoney

Between 2008 and 2017, more than a tenth of Nepal’s population left the country, looking for jobs that are scarce at home. The government is trying to bring workers back, but their efforts to support entrepreneurs and new businesses aren’t going as well as planned.

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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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Bodies in a Taxi: What Happens When Funeral Transport Is Too Expensive

Region: Uganda

Topics: Human RightsMoney

In Uganda, some people use public transportation to transport deceased relatives back to their ancestral villages for burial rather than book expensive private cars. But doing so can be risky, since getting caught can result in jail time.

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Vehicle Inspections Cost Too Much for Many DRC Drivers, But Who Pays the Price?

Region: Democratic Republic of Congo

Topics: Human RightsMoney

In Democratic Republic of Congo, drivers are reluctant to take their vehicles for official routine inspections because the price is too high. But poor maintenance has resulted in shoddy vehicles, the use of which can have deadly consequences.

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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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Tired of Corruption, Ugandans Explore Formal Banking Opportunities

Region: Uganda

Topics: CorruptionMoney

In Uganda, formal banking has not been a popular or traditional option for investing money. But that may change as the challenges of doing business have more Ugandans seeking out low-risk alternatives.

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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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DRC’s Unemployed Football Fans Hope to Monetize Their Passion – in Betting Shops

Region: Democratic Republic of Congo

Topics: Money

DRC has never been one of Africa’s gambling hot spots, but high unemployment has made gambling a popular way to make quick money. Now, football fans with few employment opportunities are spending hours playing the odds – at any cost.

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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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