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COMMENT: Secrets of Paradise Papers

Four things the Paradise Papers tell us about global business and political elites and what needs to change COMMENT | RONEN PALAN | The so-called Paradise Papers may sound familiar – leaked documents from a law firm that specialises in offshore services reveal how the global elite avoids paying taxes. Even …

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COMMENT: A test for demutualised USE

How it handles conflict of interest will enhance or sink corporate governance in capital markets COMMENT | SILVER KAYONDO | A few weeks ago, the Uganda Stock Exchange (USE) confirmed it had received formal approval from the regulatory body, the Capital Markets Authority (CMA) to operate a demutualised stock exchange. This …

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COMMENT: Understanding the doctors’ strike

 How it reveals impact of the state undermining workers’ organisations and unions COMMENT | MORRIS KOMAKECH | Ugandan doctors opted to strike over poor remunerations, which they say compromise their work ethic. The doctors’ plight is understandable. Doctors in public facilities earn, on average, about US$300 per month. This level of …

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COMMENT: Banking on the unbanked

By ignoring poor people’s needs, financial institutions are overlooking a massive potential market COMMENT | REETA ROY | In a sea of gloomy news, one bright headline appears on the horizon. The World Bank’s latest figures on individuals’ bank accounts, to be released early next year, are expected to show that …

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COMMENT: Combat populist demagogues

Centrist politicians must engage in behavior so costly that a conventional politician would never emulate it COMMENT | DANI RODRIK | At a recent conference I attended, I was seated next to a prominent American trade policy expert. We began to talk about the North American Free Trade Agreement (NAFTA), which …

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COMMENT: Planning better cities

Planning buzzwords like `smart cities’mean little if the theories behind them benefit only a few COMMENT| CHRISTINE AUCLAIR & MAHMOUD AL BURAI | Cities, the American-Canadian author Jane Jacobs once observed, are engines for national prosperity and economic growth. But in their current form, modern cities are also catalysts of inequality and environmental …

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GLOBAL COMMENT: African infrastructure

The continent’s pension funds could lead institutional investors in committing funds to local infrastructure COMMENT | IBRAHIM ASSANE MAYAKI | As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely …

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