Browsing Tag

income

Somalia’s Kismayo women earn subsistence income selling acacia seeds for drought fodder

‘We sell what we collect’: In Kismayo, displaced women turn acacia seeds into a lifeline KISMAYO, Somalia — Before sunrise on the outskirts of this southern port city, groups of women shoulder sacks and long sticks and set out from the internal displacement camps. They walk together into the scrub outside Kismayo, toward stands of acacia trees where, with a shake and a thud, their day’s earnings fall to the ground. Their harvest — tiny, brown acacia seeds, locally known as abqo — has become a fragile but vital income stream.…

Somalia’s Baidoa Income Tax Challenges Public Trust Amid Insecurity, Unemployment

Somalia: In Baidoa, a New Income Tax Tests Public Trust in a Time of Insecurity and Joblessness BAIDOA, Somalia — A new personal income tax in Somalia’s South West State is colliding with the hard math of life in Baidoa: few formal jobs, persistent insecurity, and threadbare public services. Authorities say the measure is essential to build a functioning state. Many residents hear it as a bill for services they cannot see. The policy, announced recently in Baidoa — the interim capital of South West State — applies to…

Investing 5% of Their Income: Turning Trading into a Career

The Evolving Landscape of Trader Trust in South Africa In a rapidly evolving financial environment, trust and transparency have emerged as fundamental pillars driving trader preferences in South Africa. Recent findings from Kantar's Global Brand Health Tracking study reveal critical insights into what today’s traders prioritize when selecting a broker. These insights not only reflect local sentiments but also resonate with larger global trends in the finance sector. Trust: The Cornerstone of Trading Relationships Trust…

supporters of a basic income put back the case

After the third wave of Covid -19 and the riots last month, the country has introduced a monthly support of 350 rand - or about twenty euros - for the most disadvantaged. Although the usual social assistance paid to 18 million South Africans is not enough to cover all needs, the government is now increasingly considering making this emergency aid sustainable, in the form of a basic income - a kind of living income. project in Africa. as reported from Johannesburg, Claire Bargelès The Ministry of Social Development has…