With professional, politically independent management, a country could earn from its commercial assets COMMENT | DAG DETTER | After World War I ended, Havana emerged as one of the world’s most vibrant cities. During the first half of 1920, rising sugar prices and a favourable global environment meant that credit and …
Read More »VIDEO: MPS to investigate Kasekende, Bagyenda wealth
VIDEO: MPS to investigate Kasekende, Bagyenda wealth Kampala, Uganda | VIDEOS NTV UGANDA | The chairperson of Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises Abdu Katuntu has set up a sub committee to investigate the assets and liabilities of Bank of Uganda Deputy Governor, Dr. Louis Kasekende and former …
Read More »Loss of wealth bad for health
People who suffer a sharp drop in wealth experience a 50 percent increased risk of dying. Kampala, Uganda | AGENCIES | An analysis involving more than 8,000 Americans found that those who suffered a “negative wealth shock” — defined as losing at least 75 percent of their wealth in two years …
Read More »COMMENT: Hidden wealth of cities
Through smarter asset management, cities can double their investments without raising taxes COMMENT | DAG DETTER | The world is becoming increasingly urbanised, as more people are choosing to live in towns and cities than ever before. The trouble is, most urban areas are unprepared to manage the influx. Cities around …
Read More »Gambian president sets up commission into Jammeh’s assets
Banjul, Gambia | AFP | Gambian President Adama Barrow has set up a commission to probe the assets of former leader Yahya Jammeh, accused of stealing at least $50 million from the tiny west African state. In May, The Gambia’s justice minister announced that Jammeh had plundered the meagre state …
Read More »Montreal: The latest hotspot for Africa’s rulers to keep their wealth?
Montreal, Canada| AFRICAN ARGUMENTS| A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in …
Read More »COMMENT: Without health, no wealth
Simply put, health creates wealth and the international support Uganda has relied on may not materialise this time By Deborah R. Malac On World Health Day April 07, Uganda should have taken stock of the progress it has made in creating a healthier population. According to the recently released Uganda …
Read More »Family of DR Congo leader Kabila built fortune
Paris, France | AFP | President Joseph Kabila and his family in the Democratic Republic of Congo have created a personal economic empire worth hundreds of millions of dollars, the Bloomberg News agency reported Thursday. “Together the Kabilas have built a network of businesses that reaches into every corner of …
Read More »Breadwinning men may have more money, but poorer health
Tough health choices for men: Bread-winning men may have more money, but poorer health Men who earn more money than their wives may be rolling in the bucks, but they tend to have poor health and heightened anxiety, new research shows. Researchers analysed surveys from 9,000 young married men and women …
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