Yara Blog


The African State and the Effect of Its Sino-Relations.


Friday, April 27th, 2012  

Over the years, Africa, being home to majority of the developing countries of the world, has been and remains the continent where the most products – both original and sub-standard – are being dumped, making the African continent a dumping ground. Also, Africa, being home to mainly third world countries, has been and continues to be exploited by the developed countries of the world. Significant hazards in this regard include the signing of unfavourable trade agreements which are unhealthy to the African state, both economically and environmentally.  A vivid example of these exploits can be seen with the foreign oil companies in Nigeria, which employ methods of extraction of oil that pollute and destroy the surrounding land and water and the environment, making it hard to farm and fish. It is important to note that these oil companies do not do much to stop this pollution and they do not make any attempt to clean the environment or pay compensation to the affected communities for the destruction.

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ENTERPRENEURSHIP AND CORPORATE GOVERNANCE: VITAL TOOLS FOR NIGERIA’S ENTREPRENEURSHIP DEVELOPMENT


Monday, April 23rd, 2012  

www.theentrepreneur.my

Entrepreneurship and corporate governance are two vital tools in the development of any country which must not be overlooked. Their usefulness and unquestionable importance cannot be over-emphasized. According to Jeff Hawkins, lecturer at the Stanford University, ’entrepreneurship’ is the act of being an entrepreneur, which can be defined as one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods. Corporate governance, on the other hand, is ’the system by which companies are directed and controlled’. It involves a set of relationships between a company’s management, its board and stakeholders. It deals with prevention and mitigation of the conflict of interest of stakeholders.

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