Money and Credit in an Indigenous African Context

Money and Credit in an Indigenous African Context PDF Author: C. Chipeta
Publisher: African Books Collective
ISBN: 9990896607
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
In the course of Africa's economic development several types of money and multiple financial systems have evolved. This book examines the opportunities created by such diversity. The book analyses the supply of commodity money and attempts to apply conventional theories of demand to this type of money; examines the relative efficiency of commodity money and flat money; explains the impact of commodity money on the economy; and it analyses theories of interest and dividend payments on savings and loans in indigenous money and capital markets. The book pays particular attention to the organisation and functioning of the institutions involved in the informal commodity and financial money, capital and insurance markets, as well as the constraints that they face. It also points out the limitations of key non-indigenous financial institutions and compares and contrasts them with indigenous financial entities. In light of those limitations, the inability of the non-indigenous financial system to fully articulate the the indigenous African financial culture and adequately address the financial needs and interests of its clients, the book proposes an alternative Pan African financial system that is pro-poor. The book draws on various studies on the subject matter of money and credit based on research done in Western, Eastern, Central and Southern Africa.

Money and Credit in an Indigenous African Context

Money and Credit in an Indigenous African Context PDF Author: C. Chipeta
Publisher: African Books Collective
ISBN: 9990896607
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
In the course of Africa's economic development several types of money and multiple financial systems have evolved. This book examines the opportunities created by such diversity. The book analyses the supply of commodity money and attempts to apply conventional theories of demand to this type of money; examines the relative efficiency of commodity money and flat money; explains the impact of commodity money on the economy; and it analyses theories of interest and dividend payments on savings and loans in indigenous money and capital markets. The book pays particular attention to the organisation and functioning of the institutions involved in the informal commodity and financial money, capital and insurance markets, as well as the constraints that they face. It also points out the limitations of key non-indigenous financial institutions and compares and contrasts them with indigenous financial entities. In light of those limitations, the inability of the non-indigenous financial system to fully articulate the the indigenous African financial culture and adequately address the financial needs and interests of its clients, the book proposes an alternative Pan African financial system that is pro-poor. The book draws on various studies on the subject matter of money and credit based on research done in Western, Eastern, Central and Southern Africa.

African Friends and Money Matters

African Friends and Money Matters PDF Author: David E. Maranz
Publisher: Sil International, Global Publishing
ISBN: 9781556715204
Category :
Languages : en
Pages : 0

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Book Description
African Friends and Money Matters grew out of frustrations that Westerners experience when they travel and work in Africa. Africans have just as many frustrations relating to Westerners in their midst. Each manages money, time, and relationships in very different ways, often creating friction and misunderstanding. This book deals with everyday life in Africa, showing the underlying logic of African economic systems and behavior. Two new chapters in this second edition emphasize personal relationships, making the book even more relevant to the thoughtful reader. Maranz introduces these principles, as well as the very different goals of African and Western economic systems, plus ninety specific observations of money-related African behaviors. Personal anecdotes bring this book to life. The result is that the reader can make sense of customs that at first seem incomprehensible. This popular book has captured the interest of Westerners living in or visiting Sub-Saharan Africa: business, diplomatic, and NGO personnel; religious workers, journalists, and tourists. The readership includes professors and students of African Studies. African readers will also be interested for what it reveals about Western culture and ways Westerners often react to Africa. David E. Maranz (Ph.D., International Development) has worked with SIL International in several African countries since 1975 in community development, administration, and anthropology consulting. His earlier book, Peace is Everything (SIL International), examines the worldview and religious context of the Senegambia region.

The walk without limbs: Searching for indigenous health knowledge in a rural context in South Africa

The walk without limbs: Searching for indigenous health knowledge in a rural context in South Africa PDF Author: Gubela Mji
Publisher: AOSIS
ISBN: 1928523110
Category : Medical
Languages : en
Pages : 260

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Book Description
In a country as diverse as South Africa, sickness and health often mean different things to different people – so much so that the different health definitions and health belief models in the country seem to have a profound influence on the health-seeking behaviour of the people who are part of our vibrant, multicultural society. This book is concerned with the integration of indigenous health knowledge (IHK) into the current Western--orientated Primary Health Care (PHC) model. The first section of the book highlights the challenges facing the training of health professionals using a curriculum that is not drawing its knowledge base from the indigenous context and the people of that context. Such professionals will later recognise that they are walking without limbs in matters pertaining to health. The area that was chosen for conducting the research was KwaBomvana in Xhora (Elliotdale), Eastern Cape province, South Africa. The people who reside there are called AmaBomvana. The area where the Bomvana peoples reside is served by Madwaleni Hospital and eight surrounding clinics. Qualitative ethnographic, feminist methods of data collection supported the research done for Section 1 of the book. Section 2 comprises the translation and implementation of PhD study outcomes and had contributions from various researchers. In the critical research findings of the PhD study, older Xhosa women identify the inclusion of social determinants of health as vital to the health problems they managed within their homes. For them, each disease is linked to a social determinant of health, and the management of health problems includes the management of social determinants of health. For them, it is about the health of the home and not just about the management of disease. They believe that healthy homes make healthy villages, and that the prevention of the development of disease is related to the strengthening of the home. Health and illness should be seen within both physical and spiritual contexts; without health, there can be no progress in the home. When defining health, the older Xhosa women add three critical components to the WHO health definition, namely, food security, healthy children and families, and peace and security in their villages. Prof. Mji further proposes that these three elements should be included in the next revision of the WHO health definition because they are not only important for the Bomvana people where the research was conducted, but also for the rest of humanity. In light of the promise of National Health Insurance and the revitalisation of PHC, this book proposes that these two major national health policies should take cognisance of the IHK utilised by the older Xhosa women. In addtion to what this research implies, these policies should also take note of all IHK from the indigenous peoples of South Africa, Africa and the rest of the world, and that there should be a clear plan as to how the knowledge can be supported within a health care systems approach.

Indigenous Management Practices in Africa

Indigenous Management Practices in Africa PDF Author: Uchenna Uzo
Publisher: Emerald Group Publishing
ISBN: 1787548503
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
Africa is fast becoming an investment destination for firms operating outside the continent, and effective management is central to the realization of organizational goals. This volume evaluates the need for management philosophies and theories that reflect the peculiarities of the African continent.

Credit, Currencies, and Culture

Credit, Currencies, and Culture PDF Author: Endre Stiansen
Publisher: Nordic Africa Institute
ISBN: 9789171064424
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
A striking feature of African history is the volume of commerce and production that has been possible without the full panoply of credit, insurances, future markets, stock companies, limited liability, and other legal and financial services that make up the formal sector of modern economies. The contributions to this volume investigate institutional nexuses through which money has been managed in Africa. Together they present important perspectives that are needed to understand the present economic crisis on the continent.

Management, Society, and the Informal Economy

Management, Society, and the Informal Economy PDF Author: Paul Godfrey
Publisher: Routledge
ISBN: 1317633180
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Informal economic activity, defined as exchanges made by individuals and organizations in extra-legal or non-bureaucratic contexts, represents a significant and growing share of global economic activity. The informal economy brings to mind images of street vendors in markets and bazaars throughout the developing world; indeed, informal economic activity ranges from 25-75% of economic activity, depending on the country under study. Informal activity also includes "under the table," or "off the books" business in the developed world, such as informal labor arrangements in child care, construction, or home cleaning in the United States or Western Europe. What many fail to realize, however, is the increasing presence of informal economic activity in the developed world’s largest corporations and most innovative entrepreneurial ventures, such as technology development work in Silicon Valley, open source software agreements, or employment arrangements between "technology stars" and firms. Management, Society, and the Informal Economy brings to light the role of the informal economy in the 21st century. The book does more than illuminate, however – it also calls for increased focus on the informal economy by management scholars. Each chapter contains a call to action, as well as practical and methodological advice for scholarship on the topic. Management, Society, and the Informal Economy contains a multi-faceted set of arguments, descriptions, and illustrations designed to convince management scholars that they should attend to the informal economy and view it as a serious and rigorous context for theorizing, empirical research, and even practical advocacy.

Indigenous African Enterprise

Indigenous African Enterprise PDF Author: Ogechi Adeola
Publisher: Emerald Group Publishing
ISBN: 1839090332
Category : Social Science
Languages : en
Pages : 288

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Book Description
This book examines an indigenous Africa-centric business model practised by the Igbos of south-eastern Nigeria for decades. The unique framework and rules of operation, collectively referred to as the Igbo-Traditional Business School (I-TBS) in this book, is underpinned by the ‘Igba-boi’ apprenticeship.

The African Book Publishing Record

The African Book Publishing Record PDF Author:
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 576

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Book Description


West African Economic and Monetary Union

West African Economic and Monetary Union PDF Author: Patrick A. Imam
Publisher: International Monetary Fund
ISBN: 1484348222
Category : Business & Economics
Languages : en
Pages : 46

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Book Description
The financial system in the WAEMU remains largely bank-based. The banking sector comprises 106 banks and 13 financial institutions, which together hold more than 90 percent of the financial system’s assets (about 54 percent of GDP at end-2011). Five banks account for 50 percent of banking assets. The ownership structure of the sector is changing fast, with the rapid rise of foreign-owned (pan-African) banks. This contributes to higher competition but also rising heterogeneity in the banking system, with large and profitable cross-country groups competing with often weaker country-based (and sometime government-owned) banks. Nonbank financial institutions are developing quickly, notably insurance companies, but remain overall small. This paper presents a detailed analysis of the banking system.

Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth

Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth PDF Author: Margrit Kennedy
Publisher: Stranger Journalism
ISBN: 0964302500
Category : Business & Economics
Languages : en
Pages : 57

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Book Description
Publisher: Inbook; Rev Sub edition (March 1995)Language: EnglishISBN-10: 0964302500ISBN-13: 978-0964302501