Baden-Baden, Germany | AFP | Ministers from the world’s top economies heralded plans to boost development in Africa on Saturday, at an otherwise fractious G20 gathering in Germany. Berlin, which holds the presidency of the powerful nations’ club this year, has made a hoped-for “Compact with Africa” a top priority for …
Read More »Algorithms: the managers of our digital lives
Paris, France | AFP | Algorithms are a crucial cog in the mechanics of our digital world, but also a nosy minder of our personal lives and a subtle, even insidious influence on our behaviour. They have also come to symbolise the risks of a computerised world conditioned by commercial …
Read More »Govt taking steps to reduce domestic arrears
Government is taking steps in ministries and departments intended to reduce and solve the problem of increasing domestic arrears, the Minister of State for Finance David Bahati has said. One of the steps, the minister said was instituting prepaid systems for utilities. “The biggest part of domestic arrears is on …
Read More »JOBS: UNDP Finance Assistant, Windhoek, Namibia
JOBS: UNDP Finance Assistant, Windhoek, Namibia Organization: UNDP – United Nations Development Programme Country: Namibia City: Windhoek APPLY HERE Share on: WhatsApp
Read More »ANALYSIS: IMF boss ensures 2017 budget will be ‘hard’
Lagarde (right) praised Museveni’s (left) scaled-up infrastructure investments.When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor of Bank of Uganda Tumusiime-Mutebile and other senior officials stepped into the meeting with visiting IMF Managing Director Christine Lagarde this last week, they had under their belt a …
Read More »Man Utd dethrone Real Madrid as cash kings
London, United Kingdom | AFP | Manchester United’s relative failure on the pitch has not been reflected off it as for the first time in over a decade they top Deloitte’s Football Money League for revenue in the 2015/16 season. United — who were last on top in the 2003/04 …
Read More »Royal Bank of Scotland fails BoE stress test
London, United Kingdom | AFP | The Royal Bank of Scotland is the worst prepared among Britain’s lenders for another financial crisis, the Bank of England said Wednesday, forcing the state-rescued lender into a new capital-raising plan. The BoE, revealing its latest stress tests on Britain’s top seven banks, added …
Read More »FSD: Beyond financial inclusion to usage
INTERVIEW: Christopher Musoke is the CEO of Financial Sector Deepening Uganda (FSD). He spoke to the Independent’s Agnes E Nantaba about progress in the financial inclusion in Uganda. What are the key elements in your management style as a manager? My concern is to ensure that as a team we …
Read More »ANALYSIS: Lessons from Crane bank woes
With the Crane Bank being placed under Central Bank management and several other commercial banks being asked to recapitalise, the banking sector in Uganda seems to be under a lot of stress lately. What seems to have brought down Crane Bank does not seem to be a Crane Bank problem …
Read More »Rethinking the banking industry
THE LAST WORD: By Andrew M. Mwenda Lesson for Central Bank from the experience of the takeover of Crane Bank This week, the government injected Shs 200 billion into Crane Bank to bolster its liquidity position. This is only 40% of the Shs 500 billion needed to bring the bank …
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