November 16, 2007
BBC African Perspective yesterday broadcast an interesting discussion that I would like to continue on this blog. The crux of the discussion was the rising cost of living in Africa and the (in)ability of people to live comfortably within their means.
Take Uganda as an example. Fuel prices have nearly doubled in the past year and the cost of essentials like soap, salt, sugar, flour and oil is on the rise. Electricity has increased, water has increased and bus, taxi and bodaboda fares have increased. Inflation is also on the rise, the shilling is unstable and the economy isn’t growing as fast as it did a decade ago.
On the other hand, new housing estates are mushrooming all over Greater Kampala, the road network is unable to support the hundreds of cars imported into the country every month. The Ugandan middle class is growing and more young professionals can afford to go abroad on holiday at least once a year.
So … what do you think?
How are you able to live on your salary every month?
Do you supplement it by moonlighting, investing in the stock exchange or running a business?
Are you merely a product of your nations with large debt and insurmountable balance of payment problems?
Are there ‘easy’ ways to survive this economic stranglehold?
Is the prosperity of your country merely superficial with an inevitable crash in the near future?
October 23, 2007
Apparently modesty wasn’t a requirement in judging the candidates for the Mo Ibrahim Prize for African Leadership.
Reuters TV reports:
Mozambique’s former President Joaquim Chissano, who led his country to peace after a vicious war before willingly stepping down, said he was not surprised to win the first Mo Ibrahim Prize for African leadership.
In a Reuters Television interview late on Monday in Kampala, Chissano, one of Africa’s most revered statesmen, also said that he was unsure whether the $5 million prize should be seen as an incentive for good conduct in power.
“I am not surprised … I have received many other rewards for the same reasons. Even before I left power I had been praised on several occasions and I have the appreciation of my colleagues, other African leaders,” he said.
The bearded Chissano, who was appointed last year as a U.N. special envoy for Uganda’s conflict, was speaking at a Kampala hotel after visiting delegates at Ugandan peace talks being mediated in Juba by South Sudanese officials.
The Mo Ibrahim prize, the world’s biggest individual award, was presented by former U.N. Secretary-General Kofi Annan at a ceremony in London on Monday.
September 26, 2007
Was absolutely uninspired to work today. Things turned around when I invested about an hour of company time watching an early copy of this.
Definitely worth spending $25 on it when the DVD is released in October.