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COMMENT: A case for a bold economics

  Will economists prove more helpful today, when the challenges are as pressing as the Great Depression? COMMENT | DANI RODRIK | At the end of 1933, John Maynard Keynes sent a remarkable public letter to U.S. President Franklin Delano Roosevelt. FDR had taken office earlier that year, in the midst …

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Tycoons lock city arcades in ownership row

Kampala, Uganda | THE INDEPENDENT | Business has come to a standstill in Kampala where city tycoons have closed a number of shopping arcades at the height of a bitter row on the ownership of Qualicel, Nabukeera and Jamboree Plazas. The shops have been sealed off since Tuesday night, reportedly on …

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US, China leading race for 5G wireless: survey

Washington, United States | AFP |  The United States and China are in a virtual deadlock in the race for 5G, or fifth-generation wireless networks expected to unlock new services, an industry survey showed Tuesday. The report shows the United States has closed the gap with China in “readiness” for …

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Fight over proposed sugar bill

  Big sugar producers insist government must incorporate zoning clause                                      Kampala, Uganda | PATRICIA AKANKWATSA | The fight over the proposed Sugar Bill 2016 seems to be far from over as President Yoweri Museveni promises to return it back to Parliament barely four months since it was passed in November …

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Streaming helps boost 2018 music industry sales

London, United Kingdom | AFP |  Worldwide music sales rose by nearly 10 percent in 2018, a fourth consecutive year of growth fuelled by online streaming, according to figures released on Tuesday by an industry body. Revenues reached $19.1 billion last year, the International Federation of the Phonographic Industry, which …

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MTN Uganda revenue rises to Shs1.38trillion

  Telecoms subscriber base reaches 11.3million Kampala, Uganda | ISAAC KHISA | MTN Uganda has recorded a 4.4% rise in revenue to Shs1.38 trillion for the year ending December 2018 owing to increase in customer numbers, data and fintech services. The company’s financial statements shows that its customer numbers rose …

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