Bruce Bentley

A new report detailing the cost of mobile data in different markets across the world, bears the evidence of why internet use in most of Africa remains low despite the growing broadband internet coverage. The Worldwide Mobile Pricing 2022 report, which surveyed 233 countries, shows that five of the 10 most expensive countries to buy mobile data in the world are in sub-Saharan Africa. Mobile data is so costly in these countries that 1GB costs at least $10, which is 250 times more expensive than Israel, the country said to have the world's cheapest data. In Sao Tome and Principe 1GB of data costs $29, while in Botswana it costs $16. Togo ($13), Seychelles ($13) and Namibia ($11) are the other African countries with the most expensive data packages — preventing economic growth and job creation. Dan Howdle, consumer telecoms analyst at price comparison site Cable.co.uk, said in a statement: “At the more expensive end of the list, we have countries where often the infrastructure

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The writer is chief investment officer at Bank of Singapore Like it or not, China is different. The populous nation resides in an alternate universe where Covid-19 restrictions prevail and economic activity strains at the gates for gradual reopening. But while global equity markets are suffering their worst first half-year start since 1970, Chinese stocks may be the one major market to offer uncorrelated positive returns in the second half of 2022. Since mid-2021, Chinese markets have borne the brunt of selling well before the global bear market malaise in the first half of 2022. China has suffered four quarters of sliding or relatively weak growth, souring market sentiment in both equities and bonds. On top of China's stringent zero-Covid lockdown, the broad swath of woes have included credit growth constraints, supply chain tightness, semiconductor shortages and adverse regulatory scrutiny across industries such as property, technology, education and gaming. There have also bee

Developing a language to describe climate change needs both the sciences and the humanities Developing a language to describe climate change needs both the sciences and the humanities We most easily understand the passage of time measured in days, months and years, the units with which we routinely calibrate our lives. But the span of the cosmos is incomprehensibly greater. The “Cosmic Calendar” is a useful way of thinking about time. It imagines the span of the universe's existence as though it lasted a single year. The Big Bang, with which the universe began about 13.6 billion years ago, happens on January 1. The cosmic calendar year ends on December 31, at midnight, coinciding with our current time. When compressed into a single year, all human endeavor is confined to the last few seconds before midnight on December 31. Indeed, modern humans appear just eight minutes before midnight and the Indus Valley civilization just 12 seconds before that day ends. In the river of