Tag Archives: economy

New York, United States | AFP | Risks to the global financial system have risen somewhat in recent months as some emerging markets have struggled and trade war tensions have persisted, the International Monetary Fund warned Tuesday. The IMF, in its twice annual assessment of global financial stability, said conditions …

Bali, Indonesia | AFP | The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest economies. At a meeting on the Indonesian …

Focus on tourism, ICT, horticulture, incentives to create jobs, grow economy Kampala, Uganda | JULIUS BUSINGE | Tourism, agriculture, Information and Communication Technology, horticulture, transit trade and logistics are key sectors that countries yearning for development should focus on. This was the take away from the just concluded 4th Governor Mutebile’s …

National Planning Authority boss outlines weaknesses in Uganda’s development agenda, shares solutions Kampala, Uganda | JULIUS BUSINGE | Kisamba Mugerwa, the chairperson of National Planning Authority (NPA), is a well-known speaker on matters Uganda’s journey to the middle income status. It was the same on July 18 as he delivered a …

The theft jeopardises the country’s short-term skills provision objectives and causes irredeemable long-term opportunity costs COMMENT | ODONGO KODONGO | Kenya is perceived as one of the world’s most corrupt countries. It ranked 143 out of 180 countries on Transparency International’s 2017 corruption perception index. The only African countries that scored …

THE LAST WORD: How the president’s successful economic stewardship is now in the past with little direction on the future THE LAST WORD | Andrew M. Mwenda  | President Yoweri Museveni has been named 12th among 24 leaders globally whose individual contribution has had a significant positive impact on their …

Paris, France | AFP | France’s economy grew 2.2 percent in 2017, according to revised figures published Tuesday — good news for President Emmanuel Macron as he pursues ambitious reforms designed to make the country more competitive. National statistics office INSEE revised its growth for last year up from 2.0 …

Tax codes written for an analog economy and statistics that fail to capture real wealth won’t do COMMENT | MARGARETA DRZENIEK-HANOUZ | Before the threat of a US-China trade war arose, surging stock markets and corporate profits had obscured the fact that the global economic system is under existential stress. Global …

Khartoum, Sudan | AFP | Saudi Arabia will supply Sudan with millions of tonnes of oil for the next five years to help it tackle a growing energy crisis, the African country’s oil minister said Monday. Sudan has been hit with an acute fuel crisis for weeks now, sending black …

Khartoum, Sudan | AFP | Black market fuel prices surged on Saturday in Khartoum and other Sudanese towns as petrol and diesel shortages forced residents to queue for hours outside gas stations. Fuel supplies began dwindling in early April, with officials blaming maintenance delays at a key refinery, although foreign …