Tag Archives: economy

US seeks talks with North Korea to solve nuke issue Washington, United States | AFP | The United States is not ruling out direct dialogue with North Korea on its nuclear program, Secretary of State Rex Tillerson said in an interview with National Public Radio. “Obviously, that would be the …

COMMENT: What would happen if you woke up tomorrow and found that your boss had doubled your salary? Well, on January 5 1914, Henry Ford doubled salaries for all his employees. That simple fact revolutionized the auto industry. Ford’s actions may noy have been led by altruistic intentions but he …

COMMENT: Policy and institutional reforms are needed for Uganda’s economy to recover – CSBAG Economic growth is not a chance event although it can benefit from chance events. There must be a plan that guides deliberate actions that are derived from a coherent or logical way of thinking. The logical critical …

IN THE INDEPENDENT: Why Ugandans are poorer today than yesterday The lead stories In the Independent this week: ANALYSIS Why is the Catholic Church losing followers?: Figures from the 2014 National Population and Housing Census show that, in the last 10 years, the percentage of Ugandan identifying as Catholics has …

Tokyo, Japan | AFP |  Workaholic Japan has unveiled its first-ever plan to limit overtime, but critics want to give it the boot, saying an “outrageous” 100-hour-a-month cap will do nothing to tackle karoshi, or death from overwork. Tokyo’s bid to ease a national health crisis comes after the top …

President Yoweri Museveni is in Qatar for a three day state visit at the invitation of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. “I will meet the Emir and other Qatari government and business officials as we seek to strengthen our countries’ business and trade relations,” Museveni said …

Beijing, China | AFP | China’s growth stabilised in the first quarter thanks to rising investments and a recovery in exports, experts said, though they warned the reprieve may be temporary. According to an AFP survey of 16 economic analysts, the gross domestic product expanded 6.8 percent in the first …

Johannesburg, South Africa | AFP | South Africa’s powerful trade union federation Cosatu, a key coalition partner of the ruling ANC, on Tuesday called for embattled President Jacob Zuma to resign following a deeply unpopular cabinet reshuffle. Union general secretary Bheki Ntshalintshali said it was time for Zuma to “step …

  Johannesburg, South Africa | AFP | South African President Jacob Zuma’s sweeping cabinet overhaul exposes deep divisions between the ANC’s apartheid-struggle old guard and a new generation often accused of not living up to expectations. Malusi Gigaba, 45, who replaced Pravin Gordhan, 67, as finance minister is a fervent …

Johannesburg, South Africa | AFP | Pravin Gordhan, who was sacked late Thursday, is liked and admired by many ordinary South Africans — an unusual achievement for any finance minister. He held onto the purse strings for longer than many analysts expected after he was parachuted into the job in …