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Talking To AfricaThe objective of the show is discuss the narrative of Africa: what it currently is, who shapes it, how it impacts the continents development and what can be done to ensure Africans own their own storytelling tools and platforms. Educational... Author: Africa Business Radio
The objective of the show is discuss the narrative of Africa: what it currently is, who shapes it, how it impacts the continents development and what can be done to ensure Africans own their own storytelling tools and platforms. Educational Outcome:A deeper understanding of the implications of Africas reputation on African lives. Support this podcast: https://anchor.fm/talking-to-africa/support Language: en Genres: Business Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Conflict And Hyperinflation in South Sudan; Causes and Solutions
Monday, 8 January, 2018
In this episode, Stephen looks into the case of Hyperinflation in South Sudan, which at one point last year had an over 660% inflation rate, how the problem arose, and what the potential solutions to the problem are.The South Sudan annual Consumer Price Index (CPI) increased by 101.9% from September 2016 to September 2017. The increase was mainly driven by high price in food and non-alcoholic beverages.The annual CPI increased in Juba by 143% and in Wau by 109% from September 2016 to September 2017. The South Sudan monthly CPI increased by 0.2% from August 2017 to September 2017, the monthly CPI increased by 8% in Juba and increased in Wau by11.2%.Economic performance has continued to deteriorate because of the civil war, the sharp fall in oil production, and the collapse of global oil prices. This has meant that the government is unable to raise the resources required to finance peace-related costs. In fact, financing even the normal 2015/16 budget, as approved by the assembly, remains a daunting challenge.Conflict and hyperinflation are the main causes of South Sudan's hunger crisis, according to the latest assessment by UN and aid agencies in the world's youngest country: South Sudan.--- This episode is sponsored by ยท Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/thats-all-i-have-to-say-about-that/support
