COMMENT | CLEVER NICHOLAS | Debt has become an unavoidable part of modern life for many individuals, enterprises and households. Whether it’s student loans, credit card debt, or mortgages, managing debt has become a pressing concern. When managed well, it is a source of success, when mismanaged, the repercussions are …
Read More »Cloud Computing is driving business efficiency and competitiveness in the digital era
COMMENT | PETER MUHUMUZA | Ugandan businesses are increasingly investing in innovations and systems that keep them ahead of the curve to thrive in the current business environment. From embracing the computers and the internet, to e-commerce, cloud computing and now ChatGPT. While access to digital ways of communication …
Read More »Playing politics with the Budget
Experts speak on 2023/24 allocations, taxes, borrowing COVER STORY | ISAAC KHISA | The government’s plan to spend more money next financial year which it hopes mainly to borrow because it cannot raise it otherwise, has led to accusations that “it is playing politics with the budget”. “Our government should not …
Read More »Winners and losers in the AI arms race
Generative artificial-intelligence models like ChatGPT will revolutionize the economy, though no one can say when COMMENT | BARRY EICHENGREEN | The first rule of forecasting, the financial journalist Jane Bryant Quinn once observed, is this: give them a forecast or give them a date; just never give them both. So, here’s …
Read More »How Europe’s carbon border tax could help Africa
The EU’s carbon border adjustment mechanism is designed to lower greenhouse-gas emissions and encourage cleaner industrial production beyond its borders COMMENT | CARLOS LOPES | As the European Union pursues vigorous efforts to achieve its targets under the Paris climate agreement, the bloc’s proposed carbon border adjustment mechanism (CBAM) offers the …
Read More »Dollar relief for the global south
The Fed’s dramatic interest-rate hikes have had dire implications for debt sustainability in the developing world COMMENT | HIPPOLYTE FOFACK | The US Federal Reserve’s decision to raise interest rates by 475 basis points over the course of 12 months, in a bid to curb inflation, was bound to be …
Read More »Alienating intern doctors is a naive and ill-advised costs saving strategy
While internship is part of one’s training towards being a licensed doctor, in practice, it is how care is delivered in training hospitals across the country COMMENT | Dr Bruce Tumwine Rwabasonga | On Friday, May 12th, government issued a newly proposed policy to address what now appears to be a …
Read More »Wetlands are critical to keeping migrating birds soaring
World Migratory Bird Day clebrated 13th May 2023 COMMENT | JULIE MULONGA & DR KARIUKI NDANG’ANG’A | For centuries, the phenomenon of bird migration has awed humanity. So much so, that the 4th Century BC Greek philosopher Aristotle, noting that the types of birds around him changed with the seasons, suggested that birds …
Read More »Turkey’s democratic resilience
Cambridge, UK | AYSE ZARAKOL – PROJECT SYNDICATE | Turkey’s presidential and parliamentary elections on May 14 have been called the most important of the year. Turkish President Recep Tayyip Erdoğan of the ruling Justice and Development Party (AKP) is trailing in polls behind his main opponent, Kemal Kılıçdaroğlu, the leader of the Republican People’s Party …
Read More »FrankenTech is upon us
At a time of geopolitical conflict and ideological polarisation, can we prevent it being weaponized? COMMENT | ROBERT SKIDELSKY | In Mary Shelley’s novel Frankenstein; or, The Modern Prometheus, scientist Victor Frankenstein famously uses dead body parts to create a hyperintelligent “superhuman” monster that – driven mad by human cruelty and …
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