Opinions

Africa’s women belong at the top

Throughout Sub-Saharan Africa, cultural, political, and economic biases are conspiring to keep talented women from pursuing leadership positions. To give more young women the opportunity to develop their talents and put their skills to work, today’s leaders must clear a path for the female...

Thursday, September 13, 2018 - 12:21am

Need to take extremely generous deals with a pinch of salt

Pyramid schemes come in all shapes and sizes. They are perhaps the smartest scams ever invented because victims volunteer. With more than a third of the over 800 million hungry people found in Africa, it is a natural hunting ground for all sorts of pyramid schemes. But despite many schemes...

Wednesday, September 12, 2018 - 11:44pm

What is threatening science?

CAMBRIDGE – Scientific knowledge and technological innovation, as Yuval Noah Harari emphasizes in his book Sapiens: A Brief History of Humankind, are among the key drivers of economic progress. Yet there is remarkably little reflection taking place about the state of science today, despite...

Tuesday, September 11, 2018 - 11:33pm

Editorial: Genocidaires should not be allowed to defeat the course of justice

Last week, five people were arrested by Rwandan authorities at the request of the Mechanism for International Criminal Tribunals (MICT). They were part of an elaborate plot to coerce witnesses to give false testimony on behalf of Augustin Ngirabatware, a former Planning Minister in Rwanda before...

Tuesday, September 11, 2018 - 11:31pm

Who really creates value in an economy?

LONDON – After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail out systemically important banks and stimulate economic growth. But that consensus proved short-lived, and soon the public sector’s economic...

Tuesday, September 11, 2018 - 11:28pm

India should accept disaster assistance

NEW DELHI –India’s southern state of Kerala has been hit by the worst floods in nearly a century. Now that the floodwaters are receding, a peculiar debate has emerged over whether India should accept foreign aid to support reconstruction. At the peak of the floods, the Indian...

Tuesday, September 11, 2018 - 11:26pm

The Kagame effect at the African Union

‘And those who were seen dancing were thought to be insane by those who could not hear the music.’ - Friedrich Nietzsche (1844-1900); Epigraph in ‘Rwanda Tomorrow', by Jean Paul Kimonyo (2017). Democratic principles advise against changing constitutions to keep incumbents in...

Tuesday, September 11, 2018 - 10:26am

As long as there are people, there will be money in agriculture

All the people who matter in agriculture – heads of state and government, ministers of agriculture, heads of international organisations, scientists, financiers, and so on–were in Kigali last week to talk about how to make agriculture profitable. They had been brought together by the...

Tuesday, September 11, 2018 - 12:10am

The masses are mobilising for climate leadership

LONDON – This year, extreme weather conditions have ravaged our planet, subjecting vulnerable communities around the world to the ever-increasing impacts of climate change. With each passing day, we learn more about – and experience directly – the dangerous consequences of...

Monday, September 10, 2018 - 10:49pm

HIV/Aids interventions paying off, they should be scaled up

Fighting the spread of the HIH/Aids scourge has been one of the country’s major priorities. About a quarter of a century ago, the epidemic had reached such proportions in the region that a town in a neighbouring country was completely wiped out. Many charlatans cropped up, taking advantage...

Monday, September 10, 2018 - 9:14pm

Journalism’s comeback

OXFORD – After years of ill health, the news industry is finally showing signs of a modest recovery. According to the Digital News Report 2018 – the most comprehensive survey of digital media consumption – subscriptions are trending up while consumer confidence has stabilized. For...

Monday, September 10, 2018 - 12:37am

Agric transformation: African govts should lead from the front

Last week Kigali hosted a high-level summit of African Green Revolution Forum, which attracted key players in the agriculture sector from across the continent and beyond. Delegates at such conferences are always grappling with the same question: how can agriculture be more productive and...

Monday, September 10, 2018 - 12:32am

The case for a US public banking option

LOS ANGELES/SARASOTA – Because the consumer financial-services industry is structured to maximize profits and payouts to shareholders, it inevitably fails to meet the basic banking needs of ordinary American households. Too many people lack access to the financial infrastructure –...

Monday, September 10, 2018 - 12:23am

Pro-growth education for Japan

TOKYO – Since Prime Minister Shinzo Abe initiated his “Abenomics” reform program in 2012, Japan’s economy has received a remarkable boost. But the job is not yet finished. I once argued that the three “arrows” of Abenomics – monetary...

Monday, September 10, 2018 - 12:16am

Nothing like too much awareness when it comes to tourism

We are at an interesting time, a time when tourism continues to be a major sector on which most of the economies of the region are anchored on. It is also the information age where thanks to technologies like the internet, we are swimming in too much information whose volume and access only gets...

Sunday, September 9, 2018 - 12:07am

Question: Would you sign-up for a green burial?

Death is a universal experience that we can only delay but can’t stop. I always avoid commenting on this cold subject not to alert death’s deadly claws of my humble presence; the last time I did was yesteryear when it struck a workmate in a brutal attack. Last week, it struck again! On...

Sunday, September 9, 2018 - 12:02am

How derivatives help companies to mitigate financial market risks

As volatility in equity markets this year demonstrate, the world continues to be a risky place. Fast-moving changes in foreign exchange and commodity markets have real impacts on stock markets, business confidence and economies. These developments illustrate the continuing need for financial...

Saturday, September 8, 2018 - 11:58pm

Editorial: Successful war on graft does not depend on luck

The World Bank this week singled out Rwanda for being the first African country to roll out electronic procurement for all government goods and services. From the tone of the report, one could be misled to think that the migration to the Electronic Government Procurement (e-GP) system was a walk...

Saturday, September 8, 2018 - 9:45pm

Africa: When Brexit finally came calling

Following Prime Minister Theresa May’s Africa tour last week, we now have a fairly good idea what Brexit might hold for the EAC and the continent at large. The picture had been fuzzy in the two years since the Brexit vote about what it would mean, not just for Africa but for the Britons...

Friday, September 7, 2018 - 11:19pm

Final thoughts on secular stagnation

CAMBRIDGE – Joseph Stiglitz, Roger Farmer, and I are now and have long been in agreement on what are probably the most important points. The “New Keynesian” paradigm that sees business cycles as arising from temporary rigidities in wages and prices is insufficient to account for...

Friday, September 7, 2018 - 10:41pm