Africa – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 12 Nov 2018 09:33:02 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Is sub-Saharan Africa ready for the electric vehicle revolution? http://www.pakistaneconomist.com/2018/07/09/is-sub-saharan-africa-ready-for-the-electric-vehicle-revolution/ http://www.pakistaneconomist.com/2018/07/09/is-sub-saharan-africa-ready-for-the-electric-vehicle-revolution/#respond Sun, 08 Jul 2018 19:02:27 +0000 http://www.pakistaneconomist.com/?p=17970 When Francis Romano imported his first electric vehicle, a Nissan Leaf, into Kenya in 2016, it was held up at the port because customs officials had never seen one before. Since the car didn’t have an internal combustion engine, they didn’t know what to make of it. But things are changing fast. When Romano imported …

The post Is sub-Saharan Africa ready for the electric vehicle revolution? appeared first on Pakistan & Gulf Economist.

]]>
http://www.pakistaneconomist.com/2018/07/09/is-sub-saharan-africa-ready-for-the-electric-vehicle-revolution/feed/ 0
History tells us we’ve got GDP wrong. Here’s why http://www.pakistaneconomist.com/2018/06/25/history-tells-us-weve-got-gdp-wrong-heres-why/ http://www.pakistaneconomist.com/2018/06/25/history-tells-us-weve-got-gdp-wrong-heres-why/#respond Sun, 24 Jun 2018 19:02:10 +0000 http://www.pakistaneconomist.com/?p=17595 It’s been nearly 80 years since British economists James Meade and Richard Stone devised a method of national income accounting that would become the global standard. Today, we call it a country’s gross domestic product (GDP). Their method was intended to provide a comprehensive and up-to-date picture of an entire national economy, by estimating the monetary …

The post History tells us we’ve got GDP wrong. Here’s why appeared first on Pakistan & Gulf Economist.

]]>
http://www.pakistaneconomist.com/2018/06/25/history-tells-us-weve-got-gdp-wrong-heres-why/feed/ 0
Snakes and monkeys are getting the blame for corruption in Nigeria http://www.pakistaneconomist.com/2018/03/12/snakes-monkeys-getting-blame-corruption-nigeria/ http://www.pakistaneconomist.com/2018/03/12/snakes-monkeys-getting-blame-corruption-nigeria/#respond Sun, 11 Mar 2018 19:06:31 +0000 http://www.pakistaneconomist.com/?p=14643 There is something strange afoot in Nigeria, Africa’s largest economy. Animals have been making away with huge sums of money. No, this is not a euphemism. When a team of auditors recently tried to check the accounts of the Nigerian exam board for public universities, ₦36m (naira) (about US$100,000) could not be accounted for. A …

The post Snakes and monkeys are getting the blame for corruption in Nigeria appeared first on Pakistan & Gulf Economist.

]]>
http://www.pakistaneconomist.com/2018/03/12/snakes-monkeys-getting-blame-corruption-nigeria/feed/ 0