New rules are needed as strains in their relationship multiply over industrial policies that are not so different COMMENT | DANI RODRIK | It is common to think of US-China tensions as the inevitable result of stark differences between the two countries. The United States has a fully capitalist market economy, …
Read More »Scaling up the World Bank’s development finance
Country vulnerability indices should be multidimensional, adaptable, and emphasise challenges COMMENT | PATRICK GUILLAUMONT | Last October, at the Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund in Marrakesh, member countries emphasised the urgency of scaling up development finance. In recent years, an extraordinary confluence of …
Read More »British economy in recession
LONDON, ENGLAND | Xinhua | The British economy has entered a recession following two successive quarters of contraction in the second half (H2) of 2023, official data showed Thursday. Britain’s gross domestic product (GDP) fell by 0.3 percent in the fourth quarter (Q4) of 2023 after shrinking by 0.1 percent …
Read More »Nwoya leaders ask TotalEnergies E&P to include boys in scholarship programme
Nwoya, Uganda | THE INDEPENDENT | Leaders in Nwoya District have called on TotalEnergies E&P to consider including boys in its scholarship scheme targeting young girls who have finished Primary level education. TotalEnergies E&P has been supporting girls through its Girl Child scholarship program launched in 2015 in the Tilenga Oil …
Read More »Fisheries Training Institute gets solar powered lighting and water
Wakiso, Uganda | THE INDEPENDENT | The Fisheries Training Institute (FTI) has installed a solar lighting and water pumping system to address unsustainable running costs the institution has been incurring. The system, part of a shs 600 million project was commissioned today by the ministry of Agriculture, Animal Industry and Fisheries …
Read More »Energy projects reversing gains in migratory species conservation
Kampala, Uganda | THE INDEPENDENT | Parties to the Convention on Migratory Species (CMS) are alarmed by the negative impacts of large energy infrastructural projects on migratory species. The third day of the Conference taking place in Samarkand, Uzbekistan deliberated reports by the Energy Task Force (ETF). The ETF brings together …
Read More »DPP withdraws charges against Kisoro NRM leader
Kisoro, Uganda | THE INDEPENDENT | The Director of Public Prosecutions, Jane Frances Abodo has withdrawn charges of aggravated trafficking in persons against Ramathan Ndikuyenze is the Central Division Chairperson of Kisoro Municipality and the Vice Chairperson of the National Resistance Movement. The State Attorney, Richard Biruvumbuki on Wednesday tendered before …
Read More »Artificial Intelligence vs. human stupidity
AI might someday overcome human stupidity but to get the chance, we first mustn’t destroy ourselves COMMENT | NOURIEL ROUBINI | Since returning from this year’s World Economic Forum meeting in Davos, I have been asked repeatedly for my biggest takeaways. Among the most widely discussed issues this year was artificial …
Read More »URA relaxes rules for motorcycle registration in West Nile
Arua, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has introduced an instalment system of paying motorcycle registration fees, a move aimed at eliminating the high number of unregistered motorcycles in the West Nile region. The new policy allows motorcycle owners to pay for registration in instalments for up …
Read More »Nigerians defy high cost of living to celebrate Valentine’s Day
ABUJA, NIGERIA | Xinhua | Inside Bukunmi Adeniran’s modest gift shop in Lugbe, a low-income suburb of Nigeria’s capital Abuja, shelves were adorned with an array of chocolates, plush teddy bears, delicate bouquets, and other items. The shop beckoned eager shoppers during the Valentine’s Day celebration. Despite the rising cost …
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