Economic growth
South Africa's push for radical socio-economic transformation has been mired by weaknesses in its macroeconomic policies, hindering the expected fundamental changes in the economic ideology, system, structure, and institutions. The current approach lacks economic substance, creating a manipulative small black elite that prioritizes self-enrichment over inclusive growth. This
Youth
Diageo, in partnership with the Lagos State Employment Trust Fund (LSETF) and Celebr-8 Lyfe, has launched a youth empowerment scheme, Learning For Life (L4L), to tackle Nigeria's high youth unemployment. The scheme, which focuses on women and people with disabilities, aims to equip 250 young Nigerians with real-world
Economic growth
Unemployment continues to be one of the most pressing issues in Ethiopia, with far-reaching consequences for individuals and the national economy. The government has been working tirelessly to address this challenge by creating job opportunities for citizens, both domestically and abroad. The efforts have shown encouraging signs of success, with
Economic growth
The Philippines has witnessed impressive growth over the past 15 years, with a significant increase in jobs and a record low unemployment rate. According to the World Bank's Country Growth and Jobs Report, structural reforms are necessary to accelerate economic growth and transform the country into a middle-class
Youth
A new report from the Food and Agriculture Organisation (FAO) has highlighted the potential of agrifood systems in addressing the alarming levels of youth unemployment, particularly among individuals aged 15-24 years. The report, titled 'The Status of Youth in Agrifood Systems', notes that over 20 percent of the
Economic growth
Economic growth in Lesotho has been slowing, and the country is struggling to address its high public wage bill, which the International Monetary Fund (IMF) has identified as a major challenge for the country's fiscal stability. According to the IMF, Lesotho's wage bill is the highest
Economic growth
A recent study has shed light on the crucial role of public health expenditure in promoting economic development and sustainable growth in South Africa. The research, conducted by a team of experts from Walter Sisulu University, found a significant correlation between government health spending and human development, with a particular
Economic growth
A new youth empowerment initiative, the Skills for Entrepreneurship and Employment Development (SEED) programme, has been launched in Tanzania by the NMB Foundation and Save the Children. The programme focuses on entrepreneurship and skills development, aiming to prepare Tanzanian youth to compete and thrive in an evolving economic environment. The
Youth
Nigeria's entertainment industry has experienced rapid growth in recent years, providing numerous sources of livelihood for young people across the country. According to Saka Azeez Olawale, founder of Ibiyank Worldwide Entertainment, this industry has helped reduce youth involvement in crime and other social vices. Olawale's own
Economic growth
South African chief economist Dawie Roodt warns that the US's imposition of new tariffs on South African exports from August 1 will exacerbate the country's de-industrialization, stifle economic growth, and lead to higher unemployment. Roodt emphasizes that the tariffs will particularly affect manufacturing and agriculture, sectors
Youth
The Sabah government is committed to strengthening the Technical and Vocational Education and Training (TVET) ecosystem to ensure the youth of Sabah remain competitive in the job market and are no longer trapped in unemployment. Chief Minister Datuk Seri Hajiji Noor stated that TVET is no longer an option but
Youth
The Deputy President of Kenya, Kithure Kindiki, has sounded the alarm over the rising youth unemployment in the country, citing the crisis as a major challenge that is pushing many young people into crime, drug abuse, and hopelessness. Speaking at the Nation-Huawei Leap Job Fair in Nairobi, Kindiki revealed that
