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Remaking Africa’s tax system

A digital overhaul of Africa’s tax system is needed to boost revenue collection, regional coordination and financing, Adam Elhiraika, Director of Macroeconomic Policy at the Economic Commission for Africa says in conversation with Shoshana Kedem during the recently Conference of African Ministers of Finance, Planning and Economic Development in Marrakech, …

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ECONOMISTS: Overshooting govt expenditure will distort planning

Kampala, Uganda | THE INDEPENDENT | Economists have warned against over running government budgets saying the move will distort government’s planning processes. Recently, the Ministry of Finance, Planning, and Economic Development (MoFPED) released the Economic Performance report for January 2019. The report revealed that government spent Shs1.286 trillion instead of …

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COMMENT: A case for a bold economics

  Will economists prove more helpful today, when the challenges are as pressing as the Great Depression? COMMENT | DANI RODRIK | At the end of 1933, John Maynard Keynes sent a remarkable public letter to U.S. President Franklin Delano Roosevelt. FDR had taken office earlier that year, in the midst …

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Tycoons lock city arcades in ownership row

Kampala, Uganda | THE INDEPENDENT | Business has come to a standstill in Kampala where city tycoons have closed a number of shopping arcades at the height of a bitter row on the ownership of Qualicel, Nabukeera and Jamboree Plazas. The shops have been sealed off since Tuesday night, reportedly on …

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US, China leading race for 5G wireless: survey

Washington, United States | AFP |  The United States and China are in a virtual deadlock in the race for 5G, or fifth-generation wireless networks expected to unlock new services, an industry survey showed Tuesday. The report shows the United States has closed the gap with China in “readiness” for …

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Fight over proposed sugar bill

  Big sugar producers insist government must incorporate zoning clause                                      Kampala, Uganda | PATRICIA AKANKWATSA | The fight over the proposed Sugar Bill 2016 seems to be far from over as President Yoweri Museveni promises to return it back to Parliament barely four months since it was passed in November …

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Streaming helps boost 2018 music industry sales

London, United Kingdom | AFP |  Worldwide music sales rose by nearly 10 percent in 2018, a fourth consecutive year of growth fuelled by online streaming, according to figures released on Tuesday by an industry body. Revenues reached $19.1 billion last year, the International Federation of the Phonographic Industry, which …

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