The insights of Frederick Hayek concerning thedevelopment of modern human society have contributed greatly to our understanding of the relationshipbetween law, economics and politics. - Thursday 3 November 2011

Nigeria is supposedly the fourth fastest growing economy in the world. This is an assertion that was made last March. That Ghana is set to become the world’s fastest growing economy according to the World Bank pales Nigeria’s positioning and even from an organization whose job it is to know what countries are growing or not, Ghana’s is more reliable. As expected, the Nigerian government was quick to cash-in on the ranking. Without any active effort on its part, our government believed it had taken Nigeria above the walls of poverty and economic challenges. What was bad about that was the fact that the government did not tell us the other numbers that had more meaning and actually tallied with the realities on ground in Nigeria. - Tuesday 4 October 2011

Human beings are driven to improve their socio-economic circumstances. They utilise whatever resources of material and intellectual capital they have to address their condition of unlimited wants. They engage in economic transactions with fellow humans. Those who produce goods and services sell them to those who need them. A spontaneous order exists. And that is how Friedrich Hayek, the late Austrian economist, described the free market. - Tuesday 23 August 2011

Maritime piracy costs the global economy between $7 billion and $12 billion annually, and since January 2010 pirates working from ports in Somalia have received approximately $75 million to $85 million in ransom payments in what has become a seemingly increasingly lucrative profession in the failed state. The United States is working with other entities in the international community to help build governance, security and economic livelihoods throughout the horn of Africa country. - Friday 1 April 2011

Ethiopia and United Kingdom are soon to sign a Double Taxation Agreement (DTA) that aims to give further impetus to growing trade and investment relations between the two countries. - Tuesday 29 March 2011

Libyan rebels certain of victory over Muammar Gaddafi and his forces have promised to begin exporting oil in less than a week. The rebel representative assured the international community that the uprising would not further slow-down oil production. - Monday 28 March 2011

Following South Africa’s decision to freeze all Gaddafi’s assets in accordance with UN Security Council resolution Zambia has sought clarification on whether the resolution would have any effect on massive investments undertaken by the embattled Libyan leader’s regime in the southern African country. Zimbabwe has remained silent. - Thursday 24 March 2011

World over, particularly in Africa, diamond deposits have often been a source of bloody conflicts. However, Bostwana, a largely desert southern African nation endowed with huge diamond deposits, has been exemplary in its management and control of the precious mineral resource. But with foreigners earning more than locals on average, some have questioned Botswana’s wage disparity. - Tuesday 15 March 2011

The Gaddafi clan’s opaque financial empire has been ingeniously created by virtue of a complex fragmentation of accounts and investments; A strategy designed to throw any attempt to hunt for their ill gotten wealth off balance. - Thursday 10 March 2011

Ethiopia Agriculture Ministry, last month, rejected a petition to reconsider the lease of huge forestry lands to foreign companies. Whilst local environmentalists argue that the land lease would destroy large portions of forest lands and contribute to drought, officials from the Agriculture Ministry say otherwise. - Thursday 3 March 2011