Community-based trade can play a significant role in poverty eradication by empowering local communities economically and socially. Trade generally involves the exchange of goods and services. We can refer to such exchange of goods and services when conducted within a defined community as community-based trade. Community-based trade therefore refers to the exchange of goods, services, and resources within a localised... Read more
Author: Linus Etube
Why African Countries Use the USD to Trade With Each Other Instead of Their Own Currencies
The trade or exchange of goods and services between any two Countries is classed as international trade. International trade therefore may for example involve the purchase and sale of goods and services by companies in different countries. Consumer goods, raw materials, food, and machinery all are bought and sold in the international marketplace. Through international trade, countries can expand their... Read more
The Value of Financial Inclusion
Financial inclusion involves enabling accessibility and affordability of financial services for all individuals and businesses. This is crucial for fostering economic development and reducing poverty worldwide. Financial inclusion is integral to creating a society that offers equal opportunities for everyone to access financial services. It entails providing a pathway for people, particularly the underserved or those excluded from the banking... Read more
The value of email communication
Email communication remains a fundamental pillar in business interactions, offering a blend of simplicity, formality, and speed that many other forms of communication cannot match. Despite the rise of instant messaging apps, email remains the most effective digital communication channel for business. According to surveys, email is considered very important for internal and external communications by over 80% of businesses.... Read more