Africa to Get Discount Airline on Lonrho-Stelios Tie-Up
June 14, 2012 – 2:50 am | Comments Off

Africa is poised to get its first continent-wide discount air services after industrial group Lonrho Plc engaged EasyJet Plc founder Stelios Haji-Ioannou to help transform its aviation arm into a low-cost carrier.
Fastjet will employ operating …

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Good Governance Matters More Than Aid

Submitted by on October 25, 2010 – 5:40 amNo Comment

logoFranklin Cudjoe writes:

There is nothing egregious about the eight MDG targets. Halving poverty, increasing education, and reducing maternal and child mortality are desirable outcomes. The only problem is that in the poorest countries the goals will not be met because they are based on a failed development model of relying on external aid rather than internal policy change to facilitate economic development and growth. And internal policy change is resisted fiercely by the very leaders expressing anguish over the lack of progress because they and their families, friends and allies benefit richly from the current system, which focuses on securing foreign aid from Western nations to be spent on thousands of carefully schemed but wasteful interventions undertaken locally, in apparent pursuit of the MDGs.

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