The UN’s trade and development body UNCTAD has downgraded its global economic growth projection for 2022 due to shocks from the Ukraine war and changes in macroeconomic policies that put developing countries particularly at risk.
Significant slowdowns in growth are expected in parts of Western Europe and Central, South and South-East Asia, a new UNCTAD report says.
The ongoing war in Ukraine is likely to reinforce the monetary tightening trend in advanced countries following similar moves that began in late 2021.
UNCTAD is worried that a combination of weakening global demand, insufficient policy coordination at the international level and elevated debt burdens from the pandemic will push some developing countries into a downward spiral of insolvency, recession and arrested development.
UNCTAD estimates global economic growth will decrease in 2022
Global leaders urged to end discriminations of girls with disabilities
Compared to their peers who have no disabilities, children and adolescents (0-17 age group) with disabilities are 27% more likely to be out of upper-secondary school, 41% more likely to feel discriminated against and 51% more likely to feel unhappy. Adolescent girls with disabilities fare particularly poorly, facing additional inequities in accessing education, affordable health and other key services, and risking greater violations to their personal safety and security, as their disabilities are compounded by gender and age.
Delegates attending a special side-event being held on Tuesday, 22 March, 2022, during the 66th session of the UN Commission on the Status of Women (CSW66) will call for greater focus on reducing the structural discrimination caused by gender, age and disability through provision of more resources and technical support. They will urge governments and civil society to adopt an intersectional approach which empowers women and girls with disabilities by consulting and involving them in developing the programmes that affect them.
Errol Lee McFarlane
Name: Errol Lee McFarlane
Education: GSE English literature (Language, Social Studies)
Company name: Family Jam
Title: Founder member
Founded in: 2017
What it does: Event organizing
HQ: Shashemene
Number of employees: 7
Startup Capital: 3,500 birr
Current capital: Growing
Reasons for starting the business: The diaspora community has been starved of the authentic quality events
Biggest perk of ownership: Not having a boss to answer to
Biggest strength: Being of Caribbean descent
Biggest challenging: Finance
Plan: To organize at least 4 events per year
First career: An entertainer and audio engineer
Most interested in meeting: Prime minister Abiy Ahmed
Most admired person: Emperor Haile Selassie
Stress reducer: Listening to music and reading historical books
Favorite past time: Listening to music and sport
Favourite book: The Sign and The Seal
Favourite destination: Any place in Africa
Favourite automobile: Mercedes Benz C-class
Tele introduces new products as Safaricom preps for operation
Ethio telecom eagerly works to introduce new products to stay competitive while Safaricom prepares to commence operation in few days.
On Thursday March 24, 2022 Ethio telecom launched its high network capacity 4G Home Wireless Broadband internet service, which is a 4GLTE based broadband access solution, for the first time at an affordable price.
The 4G home wireless broadband internet service uses the existing 4G LTE mobile network as an option of fixed broadband internet service so as to provide users alternative high-speed capacity broadband connection at their preferred areas where wired broadband internet services are inaccessible.
During the launching ceremony as mentioned by the CEO of Ethio telecom, Firehiwot Tamiru, the company has launched the 4G Home Wireless Broadband internet service at testing level in some sales centers by supplying 4G Wi-Fi device with affordable prices; while it will fully and widely commence the service in the near future in areas where 4G LTE services have already been deployed.
The leading global information and communications technology solutions provider, Huawei provided the advanced solutions for the Home 4G/WTTx service launching.
“The solution has proactive user experience management and insight,” stated Huawei on its statement sent to capital.
Ethio telecom continues to rebrand and restructure its sales centers with high standards so as to deliver best services for the customers in various parts of the country in addition to providing its customers with the latest technologies at affordable prices.
“Rebranding and restructuring sales centers of the company have been undertaken across the country,” said the CEO, indicating that the company will continue to launch new products.
Furthermore, commencing the long awaited 5G network is also one part of the plan Ethio telecom is working on for the near future.
Premium business centers have been rebranded and have commenced providing services for the enterprise customers in six zonal offices of Addis Ababa as well as in 16 cities of the regional offices. On top of this, the company will finalize the rebranding and restructuring of the remaining sales centers within a reasonable time frame to maximize the access of its branded sales centers for the customers so as to provide them with fast and convenient services.
