Tag Archives: economic growth

  Why government must support the banking sector to keep credit flowing to stimulate economic growth COMMENT | SIMON MUTUNGI | Following the 2008 Global Financial Crisis, many banks collapsed worldwide while others had to plow through public funds in the form of government bailouts in order to survive. To …

Evidence of how GDP growth has led to improved wellbeing of the majority of Ugandans THE LAST WORD | ANDREW M. MWENDA | Critics have been accusing me of being simplistic by focusing on economic growth as a major success of President Yoweri Museveni’s administration. Uganda has sustained an average …

Moscow, Russia | AFP | Russian President Vladimir Putin is promising to invest tens of trillions of rubles in the country’s dilapidated infrastructure and other sectors over the next five years in a bid to kickstart anaemic economic growth. Russia’s new Prime Minister Mikhail Mishustin, who was appointed by Putin last …

Kampala, Uganda | Julius Businge | Kafeero Foundation, a social enterprise organization will hold the inaugural annual Power the Next event at Kampala Serena Hotel on Nov 16. The event will showcase Uganda’s progress in implementing Africa’s fourth industrial revolution. The event organized under the theme “Connecting Business to Capital” will bring …

Kampala, Uganda | Julius Businge | Timely completion of infrastructure projects is a key ingredient to economic growth. It should be prioritized. This was a shared view at the recently held ‘Innovation Series’, a thought leadership forum organized by Brainchild Burson Cohn & Wolfe (BCW) at the Golf Course Hotel in Kampala. …

Kampala, Uganda | Julius Businge | “Urbanisation has become one of the most pressing development challenges of the 21 st century. It could be one of the biggest drivers of economic growth but can also become a driver of inequality and marginalization.” That rephrased quote is from one of the documents posted …

Sironko, Uganda | THE INDEPENDENT |  President Yoweri Museveni has called upon African countries to join efforts in fostering the economic growth and development of the region. The president said that through the economic unity of the continent, many countries will stop being bullied by the European giants and America’s, adding …

  Sironko, Uganda | URN & THE INDEPENDENT |  President Yoweri Museveni has hailed a decision by African leaders to adopt swahili as the official language at key regional and continental bodies. “I am happy that both the African Union and SADC have adopted Swahili as a common language. If …

Johannesburg, South Africa | AFP |  South Africa’s new carbon tax has provoked a storm of criticism from environmental campaigners who say it is too weak — and from industry that predicts it will cause mass job losses. The new tax, the first of its type in Africa, was cautiously …

The International Monetary Fund (IMF) on May 9 released a report on Uganda. The Resident Representative for Uganda, Clara Mira, talked to The Independent’s Haggai Matsiko about its important points. What is the IMF’s assessment of the performance of the Uganda economy? Around 2011, Uganda started a period during which …