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The approaching debt wave

The World Bank has just warned that a fourth debt wave could dwarf previous ones and hit emerging economies hard COMMENT | KAUSHIK BASU | Over the last decade, the world economy has experienced a steady build-up of debt, now amounting to 230% of global GDP. The last three waves …

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Delays in Uganda’s oil

Here are the likely impacts of delays in making the Final Investment Decision after seven postponements | CORTI PAUL LAKUMA | Yet again the final investment decision (FID) on oil production in Uganda was delayed in August 2019. The delay meant that the date for first oil had to be …

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Reform of accountancy market

The government’s intervention is critical for the emergence of accounting bodies to champion local consumer interests COMMENT | PATRICK OMONY | The recent Economic Summit organised by NTV saw the Minister of Finance make a desperate plea for ideas that can spur the economy to enable him increase his revenue …

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Truth about Trump economy

Trump may be a good president for the top 1% but he has not been good for everyone else COMMENT | JOSEPH E. STIGLITZ | As the world’s business elites trekked to Davos for their annual gathering, people should have been asking a simple question: Have they overcome their infatuation …

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Ugandans should not surrender their future to fate

OPINION | Ofwono Opondo | Today marks thirty-four years since the resilient and glorious National Resistance Movement/Army (NRM/A) under the leadership of Yoweri Kaguta Museveni captured Kampala. The battle for Kampala, marked the defeat and retreat of UPC and UNLA remnants, which also ended the reign of terror, uncertainty, and …

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