The private sector wants tax cuts to offset the corrosive effect of higher lending rates and the rising cost of energy

Uganda’s private sector wants a reduction in taxes to off-set uncompetitive costs of production due to high interest rates and increased energy costs.

They argue that reduction of [ … ]

The new World Bank Country Managing Director Ahmadou Moustapha Ndiaye, plans to pursue the same priorities as his predecessor, focusing on transport and communications, energy, agriculture, education and health. On the sidelines of a media breakfast Ndiaye hosted recently, the bank’s Senior Economis [ … ]

The proposed sale of stakes by UK-based explorer Tullow Oil in its fields in Uganda to France’s Total and China’s CNOOC had been delayed by disagreements over protective clauses.

Uganda discovered oil in its west along the border with the Democratic Republic of Congo (DRC) in 2006. Production had b [ … ]

Luxury retailers like Woolworths are fanning an infatuation with expensive lifestyles that only a few can comfortably afford:

With a taste for Jimmy Choo shoes and Hermes handbags, Choice Okoro’s idea of shopping is a world away from her mother’s.

“My mother would not pay what I pay for shoes,” sa [ … ]