South Africa needs to do more to plug its deficit than target the rich: In an attempt to plug a growing deficit, South Africa is increasing wealth taxes ShutterstockFaced with a growing deficit, depressed revenue generators and a limited tax pool, South Africa’s finance minister, Pravin Gordhan, once again focused the tax increases on high income earners. By his own admission … [Read more...] about South Africa needs to do more to plug its deficit than target the rich | The Conversation
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Rwanda provides lessons on how to narrow Africa’s energy deficit | The Conversation
Rwanda has ambitious plans to improve its electricity output in the next few years. James Akena/ReutersOnly 16% of Rwanda’s households are connected to the grid. But it’s not all doom and gloom. The country is emerging as a regional high-tech hub and one of the world’s most competitive economies. It is one of the countries showing that it is possible to reverse the trend of not … [Read more...] about Rwanda provides lessons on how to narrow Africa’s energy deficit | The Conversation
Why Africa should turn to capital markets to fund its infrastructure deficit | The Conversation
Viana, near Luanda, Angola. China has played a major role in funding infrastructure projects in Africa but the deficit remains huge. Reuters/Siphiwe SibekoImproving infrastructure is not only critical for economic growth in Africa but essential for ensuring the improved wellbeing of its people. This is backed by empirical research, which shows a strong link between … [Read more...] about Why Africa should turn to capital markets to fund its infrastructure deficit | The Conversation
