Lagarde (right) praised Museveni’s (left) scaled-up infrastructure investments.When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor of Bank of Uganda Tumusiime-Mutebile and other senior officials stepped into the meeting with visiting IMF Managing Director Christine Lagarde this last week, they had under their belt a …
Read More »COMMENT: In defense of globalisation
COMMENT: By Jim O’Neill Globalisation’s critics – those wrongly considering it a zero-sum game –won’t fight global poverty I was recently in beautiful Chile for a Futures Congress, and I had a chance to travel south to the very tip of Latin America. I also recently made a BBC radio …
Read More »COMMENT: Economics and economic crises
COMMENT: By Paola Subacchi Once seen as modern witch doctors with exclusive knowledge, economists are now despised `experts’ Is the economics profession “in crisis”? Many policymakers, such as Andy Haldane, the Bank of England’s chief economist, believe that it is. Indeed, a decade ago, economists failed to see a massive …
Read More »INTERVIEW: Ssemujju took roundabout route into politics
Ibrahim Ssemujju Nganda’s dream was to become a lawyer but he failed to make the cut at A-level. He was instead admitted to study journalism at Makerere University – which he did not like and opted to study a BA Education. But this plan too failed. “I made attempts to …
Read More »MOTORING: 2017 Kia Rio SLi
The new Kia Rio is the fourth-generation of the Korean car maker’s small car although it’s not so small as once it was which is good news for those looking for a small, but practical car. It also has improved vision all round. The styling for the new Rio was …
Read More »Five takeaways from Trump’s inauguration
Donald Trump was sworn in as the 45th president of the United States on Jan.20 in Washington. The day’s events contained all the pomp and circumstance meant to signify the peaceful transition of power. But Trump’s combative first speech as president also showcased his intent to shake things up in …
Read More »BOOK REVIEW: Footprints of the Outsider
Many readers will easily relate with the realism in Julius Ocwinyo’s latest novel Julius Ocwinyo is arguably among Uganda’s literary luminaries, thanks to his three major fictional works that include the much acclaimed ‘Fate of the Banished’ (1997) that featured quite prominently in Uganda’s literature syllabus at university level, ‘The …
Read More »KAGAME: `Walk the talk’
Kagame tells world leaders at Davos President Paul Kagame has urged fellow African leaders to “walk the talk” on a variety of urgent development issues including digital connectivity and trade. Speaking at several forums during the recent World Economic Forum in Davos, Switzerland, Kagame said “there is no shortcut to …
Read More »Lagarde admits IMF’s ‘harsh’ conversion to inequality crisis
IMF head Christine Lagarde has conceded the Washington lender had been late waking up to the widening gap between rich and poor around the world, but is now researching answers to help the middle class By Antonio Rodriguez. Lagarde on Jan.18 made the admission to an audience of high-flying executives …
Read More »Can Uganda survive with highest electricity prices in EA?
Recent hike means current tariff structure could end up killing industries The cost of production in Uganda could soon rise as government continues to increase electricity tariffs amidst dwindling production due to low consumer demand. Analysis by The Independent shows that the government has increased electricity tariffs by over 22% …
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