480 Results

New Income Tax in Rwanda Causing Major Financial Strain for Many Mobile Money Agents

Region: Rwanda

Topics: BusinessMoneyPolitics

More than 7 million Rwandans do their banking through their cellphones, but many of the agents who facilitate the banking transactions never declared their income to the country’s tax authority. Now the tax authority has started taking a 15-percent withholding tax from these agents’ incomes with the cellphone provider, plunging some of these agents into financial turmoil.

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Despite Demand, Zimbabwe’s Government-Trained Nurses Struggle to Find Work

Region: Zimbabwe

Topics: BusinessHealthJobs

In Zimbabwe, government health care institutions want more nurses on staff, and government-trained nurses want jobs. But the government doesn't have the money to train or hire all of them.

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Women in Zambia Avoid Banks’ High Interest Rates Through Informal Lending Groups

Region: Zambia

Topics: BusinessEconomyMoney

Zambian banks demand substantial collateral and charge high interest rates for loans, so local women are increasingly turning to informal lending cooperatives, called village banking, for loans large and small. The groups operate on trust, but the high volume of money outside the formal banking sector comes with risks.

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Facing High Unemployment Rates, Argentina’s Young People Create Their Own Jobs

Region: Argentina

Topics: BusinessEntrepreneurship

Argentina’s youth-unemployment rate is above average for the region, and many students graduate only to find a market unsuited to their skills and qualifications. But some young Argentines are taking matters into their own hands: When they can’t find a job, they create one.

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Banned but Booming: Mobile Businesses Flourish in Kampala, Despite Being Illegal

Region: Uganda

Topics: BusinessEconomy

High rents and high taxes present major barriers to operating a store in Kampala, especially in the city center, so more and more enterprises are making their businesses mobile. Even as the practice booms, there’s still one lingering problem: It’s illegal.

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Mexico’s Youth Adapt to Meet Demands of Job Market

Region: Mexico

Topics: Business

In Mexico’s employment market, some of the country’s youth are finding it difficult to get jobs in the fields they studied. Some young people have ended up in jobs they didn’t anticipate and wonder what they could have done differently.

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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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Zimbabwe’s Economic Crisis Is Changing How the Country Shops

Region: Zimbabwe

Topics: BusinessEconomy

A new pricing system is the latest indication that Zimbabwe’s economic crisis is fundamentally changing how the country does business. Some vendors and consumers are praising the system – so why are the authorities discouraging it?

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Business Is Booming for Handmade Wigs in Zimbabwe

Region: Zimbabwe

Topics: Business

In a bid to boost local manufacturing, Zimbabwe in 2016 restricted imports of more than 30 goods, synthetic hair extensions among them. But the hair extensions are still available in markets, salons and beauty shops across the country. Locals are turning them into low-cost wigs for hair lovers.

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Prefabricated Homes May Fix Argentina’s Housing Crisis – and Put Builders out of Work

Region: Argentina

Topics: BusinessEconomyInfrastructure

Facing an acute housing shortage and the plummeting value of the Argentine peso, Argentina’s housing authority is touting a construction solution that would be both cheap and fast. But for the country’s construction industry, this solution may turn out to be a problem.

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