Govt plans to boost economy by earmarking Shs 600 Billion in the next financial year specifically to capitalize banks and financial institutions COMMENT | Caroline Kainomugisha | When the financial market is characterized by low financial inclusion, high-interest rates and therefore low investments and growth in the economy, one of the …
Read More »The revolt against virtue
The virtuousness of progressive politics, often accompanied by privilege, can be hard to tolerate Project Syndicate | IAN BURUNA | A common explanation for the rise of right-wing demagogues around the world is that many people feel “left behind” by globalism, technology, deindustrialisation, pan-national institutions, and so on. They feel …
Read More »The future of economic growth
It depends on working-age population which is predictable and productivity which is uncertain Project Syndicate | JIM O’NEILL | Last month, I wrote about the growing divide between economic theory and real-world economic conditions, and reminded readers that economics is still a social science, despite whatever loftier ambitions its practitioners …
Read More »Time for a true global currency
Turning the SDR into a global currency would yield benefits for the world’s economy and monetary system Project Syndicate | José Antonio Ocampo | This year, the world commemorates the anniversaries of two key events in the development of the global monetary system. The first is the creation of the …
Read More »Wastage of funds on road drainage structures
Ministries responsible must ensure that for any road to be worked on, it should be well designed by technical people | ALEX TURIHOHABWE | Roads existence and sustenance depend on three major aspects; these are drainage; drainage and drainage; that may be called 3Ds. 1st D is the camber, 2nd …
Read More »Uganda’s increased electricity generation
What are the implications of the commissioning of the 183MW Isimba dam for end-user tariffs? Kampala, Uganda | JULIUS WANDERA | The installed capacity of Uganda’s electricity generation increased to 1,177 MW in March 2019, following the commissioning of the Isimba Hydro Power Plant (HPP) that added 183 MW …
Read More »Bad news for women
Female experts are outnumbered as sources by their male counterparts in nearly every field Project Syndicate | HANNAH STORM | Nancy Pelosi is the highest-ranking elected female politician in the history of the United States. Theresa May is only the second female British prime minister. Amal Clooney is a …
Read More »COMMENT: Let’s talk about geoengineering
Deadlock at UN Environment Assembly in Nairobi shows it’s a complex problem without a single solution Project Syndicate | DAVID KEITH | Negotiations on geoengineering technologies ended in deadlock at the United Nations Environment Assembly in Nairobi, Kenya, recently, when a Swiss-backed proposal to commission an expert UN panel on …
Read More »A new shape for the mortgage industry
Ensuring affordable housing for citizens requires a radical overhaul involving mortgage refinancing COMMENT | JOHNSTONE OLTETIA | There are two essential parts to achieving affordable housing: building decent, low-cost homes, and developing housing finance market that enables low-income earners to buy those homes. For, without finance, almost no home …
Read More »Buganda and EAC political federation
Katikkiro Mayiga should summon the Lukiiko come out with a clear Buganda position Kampala, Uganda | KAVUMA KAGGWA | President Yoweri Museveni has been selected to oversee and provide political guidance to the legal experts tasked with the drafting of the East African Community (EAC) constitution on political confederation. The …
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