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Author: Guest Contributor

Health sector needs around US$1.86 billion to treat TB between 2015 and 2030

Recent data commissioned by the Global Tuberculosis (TB) Caucus presented this week shows that the country will need at least US$1.86 billion to treat TB between 2015 and 2030, aa reported by Xinhua News Agency. Namibia is the fourth worst TB affected country in the world with over 9,000 patients diagnosed with the disease in 2014. This new research outlines the extent of the human and economic cost which will result from inaction in addressing the TB epidemic. The estimates, based on figures from the World Health Organization, show that failing to tackle TB will cost the world economy...

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Inequality is the world’s number one threat to democracy

By Kaushik Basu, former Chief Economist of the World Bank, currently Professor of Economics at Cornell University and Non-resident Senior Fellow at the Brookings Institution. Copyright: Project Syndicate, 2017. MUMBAI – At the end of a low and dishonest year, reminiscent of the “low, dishonest decade” about which W.H. Auden wrote in his poem “September 1, 1939,” the world’s “clever hopes” are giving way to recognition that many severe problems must be tackled. And, among the severest, with the gravest long-term and even existential implications, is economic inequality. The alarming level of economic inequality globally has been well...

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Growing inequality in emerging markets becoming entrenched feature of economic growth

Controversial French economist, Thomas Piketty, together with his working group, has just released the most comprehensive ever report on world inequality. Piketty first grabbed the world’s attention in 2014 when his seminal work, Capital in the 21st Century, was translated into English. This week, Piketty and his group of economists at the World Inequality Lab, Facundo Alvaredo, Lucas Chancel, Emmanuel Saez and Gabriel Zucman, released the first edition of the World Inequality Report. The research relies on the most extensive database on the historical evolution of income and wealth inequality. It contributes to a more informed global democratic debate...

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Good bye and good riddance to the Year of Fake News

By Geni Dee It is getting extremely difficult to distinguish between what is really happening in the world and the sensationalist nonsense called Fake News that is shared across social media. If you don’t know what I am referring to, you might have been living under a rock this past year. Fake news has become so common that it was even added to the Collins Dictionary as one of the Words of the Year for 2017. The term means “often sensational, information disseminated under the guise of news reporting”, suggesting that it is half-truths and propaganda deliberately spread to...

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Visa-on-arrival better than blanket visa-free intra-African travel

By Kerry Dimmer for United Nations Africa Renewal Would an Africa in which Africans require no visas to travel boost prospects for intracontinental trade? The African Union (AU) and many of the continent’s economic organisations think so and want it to be a reality by 2020. It is not an entirely original concept (the European Union already has a visa-free policy for its citizens), and many experts laud the AU’s position, at least in principle. The idea of an African passport dates back a quarter of a century but has failed to catch on with countries that fear an...

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No more bribes to land large infrastructure projects

Cape Town, 11 Dec 17 – The first Regional Roundtable on Infrastructure Governance was held in Cape Town at the beginning of November. Peter Eigen, founder of Transparency International, who addressed the event, reflects on the vital importance of openness and transparency for successful and sustainable infrastructure projects. Transparency is key to corruption-free infrastructure By Peter Eigen, founder of Transparency International “Corruption is nothing new and it’s certainly not unique to Africa. When I worked in the World Bank’s East Africa office back in 1991, it was not just common to see multi-national companies in developed countries pay...

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Market disruption is not the problem, the reluctance to change is

By Thomas Müller, co-founder and Chief Executive of Rainmaker Digital [email protected]   Airbnb has disrupted the local Namibian hospitality market, much like it did in other countries. It created a new market and proposition that did not previously exist. There’s absolutely nothing wrong with what they did. Instead of fearing them, the Namibian hospitality industry should embrace them. Consider how these new developments can assist other businesses in achieving their goals. The digital revolution brings opportunities for entrepreneurs and small businesses, opportunities they would never have had even 10 years ago. The digital revolution is not the problem,...

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Foreign students left stranded by Health Ministry

By Elma Dienda Secretary for Education, Popular Democratic Movement The Popular Democratic Movement is deeply troubled to hear that over 50 local medical students studying at the First Moscow State Medical University in Russia have been temporarily financially excluded after the Ministry of Health and Social Services failed to honour commitments it has made to them and pay their tuition fees on time. It beggars believe that despite the well-documented shortage of medical professionals in our country, the Ministry would allow a situation to materialize where our students are left stranded in a foreign country. The fact that this...

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