Tag Archives: economy

Civil Society Organisations (CSO) have petitioned the World Bank over its poor portfolio performance in Uganda. CSOs Uganda Debt Network, Anti-Corruption Coalition, Action Aid Uganda and Civil Society Budget Advocacy Group said, the information and data available indicates that as of April 2016, both the World Bank and Uganda are not as …

Abuja, Nigeria | AFP |  Nigeria’s President Muhammadu Buhari on Sunday pledged to reverse the country’s economic slump as his government also tackles endemic corruption and the security threat from Boko Haram Islamists. Recession was officially confirmed in Africa’s most populous nation last month, after a second successive quarter of …

  Lagos, Nigeria | AFP | Traffic jams may clog the city and the beaches look like garbage dumps, but for the Lagos state government developing tourism is now a do or die matter. Nigeria has survived almost exclusively on oil revenues for decades, but the plunge in crude prices …

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 …

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 …

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 …

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 …

  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 …

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 …

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 …