The ninth TICAD set for August to unlock opportunities in trade, technology and agriculture ANALYSIS | IAN KATUSIIME | With US tariffs rocking the global economy, countries are scrambling to deal with the resultant trade tensions and realign their economies. Japan, the world’s fourth largest economy with a GDP of $4.3 …
Read More »Museveni: Uganda to focus on African markets amid U.S. tariff hike
KAMPALA, UGANDA | Xinhua | Ugandan President Yoweri Museveni has said the country will prioritize African markets following the United States’ decision to impose a 10 percent tariff on imports from most countries. In a speech shared by the state-owned Uganda Broadcasting Corporation on Thursday, Museveni said Uganda already has …
Read More »EXPERTS: PDM cash minus market support waste of time
Kampala, Uganda | THE INDEPENDENT | Experts have warned that the continued extension of handouts or money to farmers through programmes such as the Parish Development Model (PDM) without offering them support on how to market their products will not help them create sustainable wealth. Delivering a keynote address …
Read More »EU, Denmark to fund Uganda’s first Climate-Resilient Market
Kampala, Uganda | THE INDEPENDENT | Uganda is set to build a first climate-resilient market at Elegu, backed by funding from the European Union and Denmark. The facility will host up to 1,500 traders and will be designed to endure extreme weather disruptions, particularly flooding, which has long plagued the …
Read More »Willingness to pay for water
By adopting market-based approaches, organisations can create new water markets that provide essential services COMMENT | MATT HANGEN | Willingness to pay, or WTP, refers to the maximum amount an individual is willing to spend to procure a good or service. In the context of water, it is influenced by several …
Read More »Curbing debt-fueled unrest in emerging markets
Three important weaknesses that have impeded progress and way forward ANALYSIS | VERA SONGEWE & ISHAC DIWAN | The recent protests in Kenya reflect the frustrated aspirations of young people for higher-quality social services and better economic opportunities. It also highlights the difficulty – in Kenya, and across the developing …
Read More »How to reduce gender inequality in labor markets in Africa
The continent’s labor market participants in sub-Saharan Africa is expected to double from the current 600 million by 2050 and quadruple by 2100 COMMENT | BELINDA ARCHIBONG | As the gender gap in education shrinks all around the world, and especially in Africa, there is a growing question on how to …
Read More »Kenya loses key tea markets amid global recession, export volumes shrink
Nairobi, Kenya | Xinhua | The volume of Kenya’s tea exports shrunk by 18 percent in the first seven months of 2023 as compared to the same period in 2022 as some key markets kept off the products due to the tough economic environment globally, the Tea Board of Kenya (TBK) …
Read More »Insurtechs could transform microinsurance in Sub-Saharan Africa
Experts emphasize the importance of building trust and financial literacy to attract more customers Kampala, Uganda | ISAAC KHISA | More than two decades ago, micro-insurance in sub-Saharan Africa bore the weight of social responsibility, grappling with a modest customer base and low premiums that rendered claims both unstable and unpredictable. …
Read More »Govt appoints market administrators to resolve unending disputes among vendors
Kampala, Uganda | THE INDEPENDENT | Authorities in local governments have been granted the power to appoint administrators in markets as a solution to ongoing disputes between vendors and local governments. The Markets Act of 2023 empowers local governments to directly appoint administrators who will be responsible for managing the …
Read More »