NEWS ANALYSIS

Surge in prices could cause inflation flare up, squeeze Ugandan economy further – experts Uganda’s consumer price inflation fell more than expected in the past three months to September, thanks to a huge drop in non-food prices during the period, but economists say the downward trend is unlikely to be …

Paris, France | AFP |  A complex offensive is taking place to recapture Mosul, the Islamic State group’s last major stronghold in Iraq and the country’s second city. Questions of timing Prime Minister Haider al-Abadi announced Monday that operations to liberate Mosul had begun after already calling an operation to …

American to build refinery? Deal could be blow to sanction-strapped Russians Technocrats at the Energy Ministry and the Ministry of Finance who are working on the country’s pet project, the US$4 billion oil refinery, have learnt to stay cool under pressure. Behind their cool fronts, however, they are working in …

ANALYSIS: By Dr. Geoffrey A Onegi-Obel The way forward on the Uganda interest rate and middle income economy policy conundrum –  The first point to note is that the Interest Rate is the key price in any economy. As a Pricing Signal, it therefore requires careful management by the Monetary and …

Washington, United States | AFP | After nearly 18 months of vitriolic campaigning and two incendiary presidential debates, it is clear that the 2016 race for the White House is truly like no other. The release of a 2005 video containing lewd and sexist comments made by Republican nominee Donald …

 Since 1962, we have seen history repeating itself This October 9, Uganda celebrated 54 years of Independence. It is a good point to look back and ponder what 2016 has in store for Ugandans. Looking at our nation’s history since Independence from the British colonialists in 1962 shows that years with …

Cairo, Egypt | AFP | As Egypt braces for austerity reforms, the military has expanded its economic role, at times helping President Abdel Fattah al-Sisi assuage the impact of rising prices on the country’s poor. For decades, the military — which produced all but one president since 1952 — has …

Port Louis, Mauritius | AFP | Mauritius, a model of political stability in Africa, may be headed for turbulence as its leader looks set to resign before the end of his mandate and pass the baton to his son. Sir Anerood Jugnauth, 86, has indicated he will likely step down …

Bogota, Colombia | AFP | In a Colombia left deeply divided by a contested peace deal with the FARC rebels, not everyone was happy about President Juan Manuel Santos winning the Nobel Peace Prize Friday. “Santos doesn’t deserve it,” said Rodolfo Oviedo, one of the opponents of a peace deal …

Washington, United States | AFP | The American presidential election falls this year on November 8. The quadrennial exercise always takes place on the Tuesday following the first Monday in November, as prescribed by the US Constitution. How the voting system works The vote, by universal suffrage, is conducted in a …