Tag Archives: economy

Washington, United States | AFP | Just one percent of the world’s population can call themselves millionaires or richer. But together they hold almost half the world’s wealth, and their share is growing, according to a new study released Tuesday. Some 18.5 million households around the world have at least …

Geneva, Switzerland | AFP | Carole, a scientist from Zurich, recently received a dream message on her phone: she will receive 2,500 Swiss francs ($2,500, 2,300 euros) a month for the next year, no strings attached. The 30-year-old ethnologist, whose last name has not been revealed, could be the first …

Two founding East African Community First Ladies have challenged the region’s leaders to ensure the future of integration is both guaranteed and realised. Kenya’s Mama Ngina Kenyatta and Uganda’s Mama Miria Obote Tuesday addressed a special session of the East African Legislative Assembly in Arusha. According to the EAC, Tanzania’s Mama …

What are the key elements in your management philosophy as a manager? My style encompasses teamwork with all stakeholders and that goes right through the external and internal publics. I therefore encourage a participatory approach to have everybody on board and talk about things. We are also a learning organization …

In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda,  President Yoweri Museveni delivers the State of the Nation Address, 2016. The president will mainly give accountability on particular government commitments and to appraise the country of the plans and strategies for the …

South Korean President Park Geun-hye is in Uganda for a three day state visit. She is accompanied by a huge business delegation with representatives of at least 100 Korean companies. She is the first leader of South Korea to visit Uganda. South Korea is home to several global companies including …

Unlike the others that came before it, this year’s Open Minds Forum was a heated and impassioned event. Held under the theme: “Informal sector; an invisible force with visible impact,” the May 05 public forum in Kampala, organised by the Uganda Revenue Authority (URA), was expected to pit the business …

The high cost of doing business, stagnant production levels, dominance of primary products and limited market intelligence are holding back Uganda’s export potential. These bottlenecks and action needed to change the status quo were the centre of a discussion at a high level policy dialogue on export development and promotion …

Ministry of Finance officials say they have spent over 100 percent of the budget but government departments are struggling to meet their obligations amidst talk that the 2015/16 budget was suppressed by 30 percent. From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, …

From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, the Director Budget can look down contentedly at the Nakasero neighbourhood of the rich.  The downtown poorer sections of the city are blocked from his view. Donning a stylish purple shirt and a matching …