Browsing Tag

costs

Nepal Sets New Hurdle: Permit Costs for Everest Climbers Skyrocket

Nepal has made the bold decision to raise fees for climbing Mount Everest by more than 35%. This adjustment, officials report, marks the first hike in nearly a decade for the planet's highest peak, making the arduous journey somewhat costlier for aspiring mountaineers. The financial influx generated from these permit fees—alongside the spending habits of foreign climbers—plays a pivotal role in bolstering the economy of this cash-strapped nation. Nestled in the heart of the Himalayas, Nepal boasts eight of the globe’s 14…

How Climate Change, Conflict, and Rising Living Costs Are Igniting a Food Crisis in Nigeria

By the year 2025, Nigeria could see a staggering 33 million individuals grappling with severe food scarcity—almost double the current figures for those in dire need. This dire situation stems from a confluence of economic challenges, soaring inflation, the effects of climate change, and the ongoing violence that plagues the northeastern regions of the country. In the northwest, specifically in Borno, Adamawa, and Yobe, over five million people currently experience acute food insecurity, and the crisis is anticipated to…

Soaring Scrap Metal Costs Leave Mogadishu’s Artisans Unemployed

(ERGO) – Aweys Maye Mohamed, a hands-on craftsman and the patriarch of a family of four in the heart of Mogadishu, has found it nearly impossible to scrounge up even a single meal each day since he hit the unemployment wall in July. His fate mirrors the plight of countless skilled tradesmen now out of work as the scramble for Somali scrap metal has turned it into a prized commodity for export, fetching a price tag beyond the reach of neighborhood metal shops. "Losing my job shook the very foundation of our household,"…

Nana Akufo-Addo, President at all costs

Outgoing President Nana Akufo-Addo, a former human rights lawyer who became head of state known for his diplomacy, barely won the presidential election on Monday, December 7, against his lifelong rival, John Mahama. From our Accra correspondent,The man has a gracious face and still wears small round Harry Potter glasses. He…

Tax evasion costs Africa $ 25 billion a year

Tax evasion costs Africa more than $ 25 billion a year, according to a study by a network of NGOs, including the Global Alliance for Tax Justice. At a time of the fight against the Covid-19 pandemic, this flight is considered "unacceptable", in fact it reduces the revenue that African countries could devote to their health.…

the exorbitant costs of recent electoral processes pointed out in a report

The Electoral Commission's general report on the final cycles of the election will be examined during this parliamentary session. CENI's management of the electoral process had been widely criticized, as had the funds set aside to organize it. What does this report tell us? Between May 2018 and April 2019, following the preparation of the election dossier, Ceni received more than half a billion dollars to organize three elections, presidential election, legislative and provincial. Almost half of this amount would have…

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