Tag Archives: FDI

What experts think is important in regard to president’s message Kampala, Uganda | JULIUS BUSINGE | Gideon Badagawa, the executive director at the Private Sector Foundation Uganda (PSFU), says President Yoweri Museveni’s New Year speech with regard to value addition was well-intentioned. “The concentration of the speech on value addition …

Why our continent’s faith in foreign direct investment as a solution to our poverty is a pipedream THE LAST WORD | Andrew M. Mwenda | Many presidents in Africa believe the development of our nations will come from Foreign Direct Investment (FDI). If a “foreign investor” – most especially a white man …

THE LAST WORD: How Africa’s obsession with ‘governance’ issues is too much ado over little or nothing THE LAST WORD | Andrew M. Mwenda | Let me articulate a heresy: the argument that Africa’s failure to prosper economically is fundamentally due to “governance” i.e. that our leaders are greedy, selfish, …

Investors demand information on business opportunities Kampala, Uganda |Ian Katusiime| Since her appointment in April, Jolly Kaguhangire, the new executive director of Uganda Investment Authority (UIA) has been in discussions with business people and government officials on how to make the country a globally competitive destination for investment. She has …

By Susan Babijja The Rwanda Development Board (RDB) and Rwanda’s National Agricultural Export Development Board (NAEB) have held a roundtable on investment opportunities in floriculture in the country. Hosting the event was supported by the World Bank Group’s Rwanda Investment Climate Program. The roundtable aimed at highlighting the investment opportunities …

  Why we need to think of how to develop national capacity to manage our economy By Andrew M. Mwenda Uganda is going through the worst economic performance since 1987 when the government of President Yoweri Museveni began liberal economic reform. In the first quarter of this financial year, the …

Stanbic Bank again makes Chinese businesses irresistible offers Uganda imported US$700 million worth of goods from China last year and exported goods valued at US$30 million over the same period, according to the latest government data. But the skewed trade figures between Uganda and the world’s second largest economy do …

Why our intellectual elites need to begin an entirely new conversation about our nations By Andrew M. Mwenda African intellectual elites exhibit a conceptual contradiction. When economic performance is poor they argue that the major source of the problem is bad leadership. And when they talk of leadership, our intellectual …

Christine Lagarde says government need to focus on reducing inequality The International Monetary Fund Managing Director Christine Lagarde on Jan. 27 found herself on the defensive as the audience sought for the global fund’s roles on Uganda’s development. This was during a public lecture held at the Kampala Serena Conference …

THE LAST WORD: By Andrew M. Mwenda Why foreign direct investment is overrated and why Africa needs to cultivate local businesses There is a fad in Africa. It is called Foreign Direct Investment (FDI). Across our vast continent, foreign investors are the most treasured visitors. Practically every country is obsessed …