Monday , June 26 2017
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Tag Archives: economy

Angola’s Luanda pips Hong Kong as costliest city

Paris, France | AFP |  Angola’s capital Luanda has overtaken Hong Kong to become the costliest city in the world for expats, Mercer’s annual survey said Wednesday. Dethroned last year by the Chinese city, Luanda regained the dubious honour despite the depreciation of the local kwanza currency against the dollar, …

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Kagame, Sisi head to Berlin for G20-Africa

Merkel’s G20-Africa meet aims to reduce poverty, migrant influx Berlin, Germany | AFP | German Chancellor Angela Merkel will on Monday meet African leaders in Berlin on initiatives aiming to reduce the poverty and conflict driving a mass migrant influx to Europe. The idea is to team up African nations …

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ECONOMY: Museveni optimistic Kasaija’s budget will deliver

President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …

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Today is national budget speech day

The Minister of Finance, Planning and Economic Development Matia Kasaija will today present the financial year 2017/18 national budget which is expected to hit Shs29 trillion up from last year’s Shs 26.3 trillion. Kasaija will read the budget to parliament on behalf of President Yoweri Museveni who will later comment …

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MUSEVENI: Uganda to focus on 5 strategic issues in 2017-18

Kampala, Uganda| PWATCH UG|  Pres­i­dent Yow­eri Mu­sev­eni has dur­ing the State of the Na­tion Ad­dress on Tuesday out­lined five key is­sues as ma­jor dri­vers to­wards eco­nomic sta­bil­ity for the coun­try. The five is­sues in­clude, “peace, de­vel­op­ment of the in­fra­struc­ture and the hu­man re­source; wealth cre­ation, job cre­ation, and mar­ket ac­cess.” …

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