Kampala, Uganda | THE INDEPENDENT | Foreign Direct Investment flows are liable to drop by 30 to 40 percent during 2020 into next year due to the ongoing COVID-19 pandemic reflecting a far more severe economic blow that initially projected. This is according to the latest investment trends monitor report, …
Read More »Domestic marine cargo covers could boost insurance market
Presently importers insure their cargo in the country of origin through their suppliers Kampala, Uganda | ISAAC KHISA | For many decades, Uganda’s insurers and reinsurers never imagined that they could cash in on marine cargo insurance business amid the large volume of business involved in international trade. This …
Read More »Going digital could boost Sub-Saharan economies—World Bank
But only a small proportion of the region’s population is hooked to the internet Kampala, Uganda | RONALD MUSOKE | Sub-Saharan African economies are sluggishly growing owing to global uncertainty, poor management of debt, inflation as well as political and regulatory uncertainty, according to the latest World Bank’s bi-annual analysis …
Read More »Rwanda and China’s rich
Why Jack Ma went to Kenya, Rwanda with 38 Chinese billionaires in tow RWANDA |PEREZ TIGIDAM| Jack Ma, Asia’s richest man and founder of Alibaba Group recently completed a two-day trip to East Africa, visiting Kenya and Rwanda with 38 fellow Chinese billionaires, all no doubt poised with expensive fountain …
Read More »