Tag Archives: World Bank

By Gerald Mbanda The UN involvement dates back to the 1960-1964 crisis but to date over 40 rebel groups operate in DRC The recent joint visit to the Great Lakes Region by the UN secretary General Ban Ki-Moon and World Bank President Jim Yong Kim to support a peace deal …

By Julius Businge The World Bank in partnership with the Economic Policy Research Centre (EPRC) will on May 3 give an update on the world’s progress towards achieving the Millennium Development Goals (MDGs). The event will be held at Makerere University. The report, titled Global Monitoring Report (GMR) is jointly …

By Julius Businge A new IFC and World Bank report shows that in 2011/12 all five economies of the East African Community (EAC)—Burundi, Kenya, Rwanda, Tanzania, and Uganda—implemented at least one institutional or business regulatory reform improving the business climate for local entrepreneurs. Released on May 2, Doing Business in …

By Julius Businge The World Bank has said economic growth in Sub-Saharan Africa is likely to reach more than 5% on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent. The Bank said in its latest Africa’s Pulse, a twice-yearly analysis …

By Julius Businge A recent report released by the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and …

By Ronald Musoke Continued foot-dragging by the world’s governments to reach a new and concrete Climate Change deal is not only setting the entire world on course to a warmer world but the consequences will be calamitous says a new World Bank report. The report, “Turn Down the Heat: Why …

By Julius Odeke With the continued amount of pressure from donors over the theft of over Shs20bn from the Office of the Prime Minister (OPM) World Bank is considering slashing aid to the Kampala government. “The World Bank Group is concerned about recent allegations of misuse of public funds in …

By Ronald Musoke World Bank, experts want shift in strategy In the week leading up to Uganda’s golden jubilee celebrations, President Yoweri Museveni made several optimistic speeches, the most vivid being a public lecture he delivered on Oct. 2 with the theme “A 50-year journey since independence (1962-2012): A good …

By Ronald Musoke The World Bank director of human development for the Africa region, Ritva Reinikka, has stressed the importance of Uganda and her peers in Africa to put an equal emphasis on human capital development just like they have been doing with infrastructure if they are to transition to …

By Haggai Matsiko BIDCO project wreaks environmental havoc, hunger, and human rights abuse in Kalangala The World Bank has come under attack after a new report has exposed how commercial projects funded by the Bank are causing poverty, human rights violations in Uganda sparking a barrage of criticisms. Ironically, the …