VIDEO: The National Social Security Fund (NSSF) has decried the slow growth rate in the real estate sector which is affecting the country’s economic performance. NSSF is concerned that investments in the sector are returning less than ought to be – which means government has to come up with policies to improve …
Read More »ANALYSIS: Trump’s Mexico trip haunts president
Mexico City, Mexico | AFP | Donald Trump may have visited Mexico for only a few hours, but President Enrique Pena Nieto is still feeling political pain from last week’s ridiculed meeting with the White House hopeful. Public anger over the trip continues to flare even after felling Pena Nieto’s …
Read More »China exports down 2.8% in August on-year
Beijing, China | AFP | China’s imports rose 1.5 percent year-on-year in August, figures showed Thursday, the first increase in nearly two years, in a positive sign for the world’s second-largest economy. Exports dropped 2.8 percent on-year to $190.6 billion, a smaller fall than the median forecast in a survey …
Read More »Regulating the labour export industry
COMMENT: By Anna Adeke Ebaju Exporting labour could provide an economic lifeline for many families in a poor country, but they need protection Exporting labour is perhaps one of the most delicate undertakings any country can indulge in, especially if its policy makers appreciate it from the purview of a quick …
Read More »Museveni confident Africa is ready to push global economy
Museveni: Africa is the next big centre for economic growth. Africa needs value addition to agriculture, minerals, human resource President Museveni has told the Global African Investment Summit that he is confident that the continent is the next pusher for the global economy. He said bottlenecks that exist are being handled to ensure a better environment …
Read More »Five things to take away from the G20 summit
Hangzhou, China | AFP | This year’s most exclusive and closely-watched diplomatic party –- the G20 summit –- saw presidents and prime ministers from countries representing 85 percent of the global economy gather in the Chinese city of Hangzhou. How did the first China-hosted G20 go? While analysts correctly foresaw …
Read More »Gov’t secretly giving bailouts?
Lead pusher Bitature bags Shs47bn Government could be quietly handing out billions of shillings to private businesses, The Independent has learned from sources familiar with some of the transactions. What is not clear, however, is the extent to which those who claim that this is a `silent’ roll-out of the …
Read More »The bailout question
COMMENT: David Chandi Jamwa Bailout – How to get it done and done right without using taxpayers money For the past three months or so I have been seeing myriad opinions, sentiments, emotions, rebuttals, re-rebuttals, postulations, reverse-postulations, forwardings, withdrawals, denials, and in several cases outright rubbish, flying around the Ugandan …
Read More »Experts still wary of Uganda’s high interest rates
When the Central bank reduced its key bank rate to 14% from 15% early this month, it was expected that commercial banks would respond by cutting their lending rates. This was the third time in a row the Central bank was reducing the CBR by 100 basis points the others …
Read More »VIDEO: Investors to VP Ssekandi – Uganda gave us a raw deal
VIDEO: Investors who were promised prime land have accused government of not walking the talk and instead giving them swampy areas where they have had to invest a lot of money to develop This was during the visit to the industrial by the Uganda vice president Edward Kiwanuka Ssekandi. Share …
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