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In The Magazine

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Lubowa Hospital controversy

How bad can investing in a specialised hospital be? Kampala, Uganda | IAN KATUSIIME | “Bring them in. Give them free land. Offer them Tax exemptions. Guarantee their financing. Don’t bother them with minimum wage. Then allow them to take their profits back home.” That is how one unhappy commentator …

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USAID awards grants to solar firms

A total of 25 solar companies and eight financial institutions were the beneficiaries of a USAID Power Africa co-sponsored exhibition at the Kampala Serena Hotel. Kampala, Uganda | The Independent | Held under the theme ‘Financing East Africa’s Power and Energy Sector’ the event showcased products like grain mills, boda …

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Prayers for Speaker Kadaga

Speaker of Parliament Rebecca Kadaga is currently admitted at Aga Khan Hospital in Nairobi, Kenya where she is being treated for fatigue-related illness. Kampala, Uganda | The Independent | Shortly after returning from a trip to Morocco and the U.S., Kadaga was taken ill at Nakasero Hospital. Speculation of Kadaga’s …

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Muntu’s new party joins the fray

Alliance for National Transformation (ANT), a new party led by Maj Gen. Mugisha Muntu will soon be launched and outline its agenda. Kampala, Uganda | The Independent | ANT was cleared by the Electoral Commission after months of correspondence with the electoral body. In a statement, ANT convener Alice Alaso, …

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Modern monetary realism

MMT is essentially a description of how money is created and destroyed by governments and by banks Project Syndicate, 2019 | JAMES K. GALBRAITH | Is Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard’s Kenneth Rogoff recently argued, a threat to “the entire global financial system” …

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