8 Results

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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Is there a ‘Local’ Dollar in Zimbabwe? Banks Say Yes

Region: Zimbabwe

Topics: EconomyMoney

A government policy enacted without notice on Oct. 1 eliminated U.S. dollars from bank accounts throughout the country and replaced that money with a new monetary unit that some central bank officials say should be called a “local dollar.” Accessing those dollars had grown increasingly difficult, but seeing them disappear was a crushing blow for people who had saved them.

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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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Zambians, Wary of Taxpayer ID Rule, Opt for Mobile Money Rather Than Banks

Region: Zambia

Topics: EconomyMoney

Zambia’s government and its banks insist the country’s new taxpayer identification numbers aren’t used to collect additional taxes. But the public’s suspicions about this ID requirement have driven many locals to favor digital transactions, now a booming business.

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Trade Route, Once a Symbol of Stability in Disputed Region, Troubled by Restrictions

Region: Indian-administered Kashmir

Topics: BusinessEconomyPolitics

New regulations that restrict trade between the sections of Kashmir controlled by Pakistan and India have created problems for businesspeople who trade fruit and other goods grown on either side. Trade numbers have dramatically lowered at the post, which the traders say hinders connections between family members separated by the border.

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Insulin Prices Spike in Zimbabwe, as Cash Shortage Continues

Region: Zimbabwe

Topics: AccessEconomyHealthMoney

In Zimbabwe, people with diabetes are cutting their dosages of vital insulin and feeling the adverse health consequences. Unable to get credit, the country’s pharmaceutical companies are increasing drug prices and can’t keep up with demand.

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Zimbabwe’s Economic Crisis Has Made Many Grandparents Primary Caregivers

Region: Zimbabwe

Topics: EconomyFamily

Zimbabwe’s economic crisis has left a generation struggling to find work. As many working-age Zimbabweans seek opportunity abroad, their parents bear the burden of children left behind.

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Tasty Fish Lure Tourists in Droves to Nepalese Town, Boosting Hospitality Industry

Region: Nepal

Topics: BusinessEconomy

It’s the cold, fresh water, they say. That’s what the people of Chisapani credit for the delicious flavor of fish from the Karnali River that attracts as many as 1,200 domestic tourists a day.

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