The government of Uganda has announced that sports betting is now banned in the country, saying that “sports betting companies have diverted the attention of the youth from hard work” and causes cash to flow out of the country.
A country and continent’s true strength and potential is its young people. Currently at 1.2 billion, Africa’s population is projected to more than double by 2050. However, with the population increase comes new opportunities and challenges. Brain drain has increasingly become one of Africa’s biggest problems. The continent is suffering from brain drain as its young, skilled workers depart from the region, is search of greener pastures, leaving skilled and educated professionals in short supply. Last year the IMF in its World Economic Outlook report noted that the outflow of skilled labour and young people seeking better educational opportunities outside the continent’s borders will continue rising, and the trend is worrying.
Nigeria’s high level of unemployment, especially among the young and recent graduates, is one of the major factors responsible for the spread of job recruitment scams, Valentine Iwenwanne writes.
Tonny Nsubuga has occasionally turned a deaf ear to advisors who often ask him to apply for high-end jobs. As Alex Taremwa writes, ambitious Nsubuga confesses how trash brings cash to his wallet as he gears up towards employing at least 200 people by the end of this year.
Uganda has been plagued by high numbers of cases of human trafficking of young people to the middle east. Due to a lack of stringent laws and minimum government intervention, it continues to be a large problem. Alex Taremwa explores the high youth unemployment rate in Uganda and how it feeds this dangerous form of modern slavery.
Uganda is the latest beneficiary of Chinese investment. The country is setting up its first car assembling plant, located within the proposed $600m Uganda Liao Shen Industrial Park. The assembly plant is expected to create 10 000 jobs
The government of Zimbabwe plans to direct universities to reduce enrolment of arts and commercials to address the skyrocketing unemployment rate
Cost-cutting measures will see London-listed Richland Resources shed a third of its workforce, The Citizen reported