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COMMENT: Why Africa should go cashless

Move would force citizens, companies, and policymakers to bring all Africans into the financial sector By Carl Manlan India has lately been pursuing an ambitious goal: a cashless economy. Despite early missteps and frustrations, it will turn out to be a change for the better for the country’s 1.31 billion …

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COMMENT: Bitter truth about sugar

COMMENT: Uganda’s claim to have surplus sugar is mistaken and obscures a bigger regional problem  Uganda and Kenya are learning a bitter truth about ordinary added sugar used in homes, industries, and service facilities. Just six months ago in September 2016, the two countries were fighting a trade war over …

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COMMENT: Wages of wage fear

Stagnant wages cause household demand to remain depressed, thereby deterring investments  By Bill Emmott If all else fails, try the previously unthinkable. It is not a bad principle for economic policy in the best of times. Today, it may be just what is needed: many Western countries – certainly the …

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COMMENT: Right to reappoint Kayihura

Police boss’s reappointment and approval was inevitable based on his successes By David Serumaga Last week, President Yoweri Museveni reappointed Gen. Kale Kayihura as the Inspector General of Police. He has finally been approved by parliament. However, it seems some leaders had not noticed Kayihura’s achievements and had vowed block …

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COMMENT: Grand strategy for Trump?

Trump’s intuitive use of game theory is risky with actors showing zero interest in cooperation By Koichi Hamada As with any human interaction, international relations, whether economic or political, is a combination of cooperation and competition. The “cooperation” part benefits all involved, whether by sustaining world peace or boosting growth …

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COMMENT: Fixing fixed-investment

Governments should make it harder for companies buying back shares without paying dividends By Jim O’Neill Back in February, I noted that the global economy at the end of 2016 was in a stronger cyclical position than most people had expected, given the political upheavals of the previous 12 months. …

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