By Julius Businge The World Bank has said economic growth in Sub-Saharan Africa is likely to reach more than 5% on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent. The Bank said in its latest Africa’s Pulse, a twice-yearly analysis …
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By Julius Businge A recent report released by the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and …
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By Ronald Musoke Continued foot-dragging by the world’s governments to reach a new and concrete Climate Change deal is not only setting the entire world on course to a warmer world but the consequences will be calamitous says a new World Bank report. The report, “Turn Down the Heat: Why …
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By Julius Odeke With the continued amount of pressure from donors over the theft of over Shs20bn from the Office of the Prime Minister (OPM) World Bank is considering slashing aid to the Kampala government. “The World Bank Group is concerned about recent allegations of misuse of public funds in …
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By Ronald Musoke World Bank, experts want shift in strategy In the week leading up to Uganda’s golden jubilee celebrations, President Yoweri Museveni made several optimistic speeches, the most vivid being a public lecture he delivered on Oct. 2 with the theme “A 50-year journey since independence (1962-2012): A good …
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By Ronald Musoke The World Bank director of human development for the Africa region, Ritva Reinikka, has stressed the importance of Uganda and her peers in Africa to put an equal emphasis on human capital development just like they have been doing with infrastructure if they are to transition to …
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By Haggai Matsiko BIDCO project wreaks environmental havoc, hunger, and human rights abuse in Kalangala The World Bank has come under attack after a new report has exposed how commercial projects funded by the Bank are causing poverty, human rights violations in Uganda sparking a barrage of criticisms. Ironically, the …
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By Jeffrey D. Sachs Kim combines professional expertise, global experience, and management know-how Last month, I called for the World Bank to be led by a global development leader rather than a banker or political insider. “The Bank needs an accomplished professional who is ready to tackle the great challenges …
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By independent team Obiageli Ezekwesili, Vice-president, World Bank’s Africa Region on June 11 spoke to BBC Hardtalk’s Stephen Sucker. Excerpts from the interview: The World Bank has a big relationship with Uganda. Museveni, the President of Uganda just won a big election in February. The African Union observers who were …
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By independent team If you do not open up space for citizen participation, you basically are sowing the seed for the destabilisation The World Bank has been criticised for its continued support to Uganda which it describes in its current report as “one of the few durable success stories in …
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The Independent Uganda: You get the Truth we Pay the Price