Nairobi, Kenya | Xinhua | Sub-Saharan Africa’s economy is expected to expand by 3.3 percent in 2021 after a contraction of 2 percent in 2020, the World Bank said on Wednesday. According to analysis in the Pulse, the World Bank’s twice-yearly economic update for the region, the economic recovery will …
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But if it can’t rank business friendly countries, who can? COVERY STORY | THE INDEPENDENT | Since the World Bank announced it has decided to abandon its flagship “Doing Business” series after several internal audits and the publication of a damning investigation, debate has raged over the way forward. The …
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Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Corruption at the World Bank: But if it can’t rank business friendly countries, who can? THE LAST WORD Museveni’s Covid paranoia: Why Uganda and other African countries have consistently taken extreme and inappropriate …
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World Bank and Knowledge Consulting Ltd hatch $52bn plan | THE INDEPENDENT | Ugandan universities and other post-secondary education institutions could get hooked on the high-speed internet while some students and teachers get free laptops under a proposed plan by the World Bank and Knowledge Consulting Ltd. The ambitious Africa …
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Kampala, Uganda | Ronald Musoke | Rosemary Mukami Kariuki has taken over from Tony Thompson as the World Bank Country Manager for Uganda effective Aug.01. According to a statement from the World Bank, Kariuki, a Kenyan national will now lead an active portfolio which, at the moment, stands at US$3.9 bn …
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The report says macroeconomic recovery and stimulus packages must be combined with measures that will spur a green, resilient, and inclusive growth | THE INDEPENDENT | In Central Uganda, school children in Kisubi are learning about fish farming and integrated aquaculture, which help to reduce pressure on dwindling water resources …
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The World Bank (WB) and the African Union (AU)’s COVID-19 Africa Vaccine Acquisition Task Team (AVATT) on Monday announced a decision to work together to deploy vaccines for 400 million Africans. This came after the president of the World Bank, David Malpass, met with the AVATT to discuss ways to …
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Kampala, Uganda | THE INDEPENDENT | World Bank in its new report has urged Uganda to promote green growth to beat the economic vulnerabilities caused by the devastating impact of the ongoing COVID-19 pandemic. The bank in its 17th Uganda Economic Update, published on Tuesday, said lockdown measures pushed many businesses …
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Uganda Digital Acceleration Project will accelerate development of digital solutions, skills and literacy in unserved and underserved regions across the country Kampala, Uganda | THE INDEPENDENT | World Bank has approved 200 million U.S. dollars to finance access to high speed and affordable internet, improve the efficiency of digitally-enabled public service …
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Kampala, Uganda | THE INDEPENDENT | A concerned citizen Brian Kasaija has petitioned the High Court seeking an order compelling the government not to repay 175 Million Dollars obtained from the World Bank eight years ago. According to Kasaija, the loan which is equivalent to 647.5 Billion Shillings was obtained illegally by …
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The Independent Uganda: You get the Truth we Pay the Price