Wednesday , November 6 2024

The Independent

NUP asks EU ambassadors to gold gov’t accountable on aid

Kampala, Uganda | THE INDEPENDENT | National Unity Platform (NUP), has asked the European Union Ambassadors to hold the government accountable and closely monitor the aid being extended to the country. The call was made on Friday by the NUP President Robert Kyagulanyi during a meeting with EU Ambassadors at the …

Read More »

IMF chief lauds Kenya’s economic recovery program

Nairobi, Kenya | Xinhua | International Monetary Fund (IMF) Managing Director Kristalina Georgieva has expressed confidence in the Kenyan government’s economic recovery program. Georgieva, who is on a visit to Kenya, lauded the country’s decision to prioritize investment in agriculture and Micro and Small Enterprises (MSESs) that offer quick turnaround results. …

Read More »

Sweden to double wage requirement for migrant workers

Stockholm, Sweden | Xinhua | Under new rules proposed by the Swedish government, job seekers from non-European Union (EU) countries will need to secure a higher minimum wage than before if they wish to obtain a work permit in the country, according to the government on Thursday. The government, together with …

Read More »

Apple reports second quarter results

San Francisco, USA | Xinhua | Apple on Thursday announced financial results for its fiscal 2023 second quarter ending April 1, with a quarterly revenue of 94.84 billion U.S. dollars, down 3 percent year over year. The company posted its quarterly earnings per diluted share of 1.52 dollars, unchanged year over …

Read More »

Debt Restructuring for Commodity Exporters

Even if they manage to convince their creditors to restructure their debts, commodity-exporting debtor countries are still vulnerable to sudden price fluctuations COMMENT | Jeffrey Frankel | The world is in the midst of a debt crisis. A recent report estimates that 61 emerging-market and developing economies nearly one-third of the International …

Read More »

ANALYSIS: Has Messi’s PSG career come to end?

Paris, France | Xinhua | Where will Lionel Messi play football after this summer? Barcelona, Saudi Arabia, or the United States? Nobody can tell now, but one thing seems to be for sure: the seven-time Ballon d’Or winner’s future will not be in Paris. The Argentine international’s current contract with the …

Read More »

Stop big pharma greed to save lives

Africa is not in  position to sustain the development of the public health sector while it’s held in a pricing vise by Western pharmaceutical companies COMMENT | Penninah Iutung | This is seemingly the same script but a different cast; the profiteering and greed of big pharma know no boundaries. We have …

Read More »