By Richard Oundo Fifteen years after the genocide, Rwanda is shedding the old coat of political and economic turmoil and replacing it with a bustle of projects aimed at transforming the country into an East African economic giant. As part of that drive, on April 6, the first Presidential Advisory …
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Kagame’s advisors propel the economy
By Richard Oundo Fifteen years after the genocide, Rwanda is shedding the old coat of political and economic turmoil and replacing it with a bustle of projects aimed at transforming the country into an East African economic giant. As part of that drive, on April 6, the first Presidential Advisory …
Read More »URA warns: Reduced economic growth will hit revenue targets
By Joseph Were As it enters the last quarter, the Uganda Revenue Authority is set for a new record in net collections despite a general cloud over the economy. Compilation of its third quarter (Q3) figures must still wait for the March figures but projections based on January and February …
Read More »Orange heats up market
By Patrick Kagenda When Orange Telecom, the fifth telephony company on the Ugandan market, launched its operations on Tuesday Mar 10, existing players reacted in different ways. MTN (Uganda) Chief Marketing Officer, Mr Isaac Nsereko, told The Independent that five operators are too big for the Ugandan market which is …
Read More »Africa: Dealing with the global economic and financial storm
By Obiageli Ezekwesili Last week in Addis Ababa, African leaders agreed on the need to develop and improve Africa’s infrastructure. Better infrastructure” water, transport, electricity” can increase growth rates in Africa by more than 2 percent, raise productivity by 40 percent, and create jobs for its burgeoning youth population. This …
Read More »Let’s pick out Museveni’s good
By Andrew M. Mwenda Last week, I argued that President Yoweri Museveni has actively stifled the growth of a robust private enterprise sector generally though he has promoted the growth of individual businesses. He has pitted indigenous capital against non indigenous capital by giving preferential treatment to the latter and …
Read More »NSSF: Museveni wins but may pay big price
By Andrew M. Mwenda Finally, against opposition from his wife, brother and party, President Museveni literally bulldozed the National Resistance Movement (NRM) into letting ministers Amama Mbabazi and Ezra Suruma off the hook of censure despite glaring evidence that they arm-twisted the National Social Security Fund (NSSF) to buy Mbabazi’s …
Read More »What US financial crisis means to us
By Andrew M. Mwenda The financial meltdown in Europe and North America has continued in spite of the large sums of money governments have pumped into the financial markets to prop them up. On October 10th, both the Dow Jones Index in New York and the FTSE in London fell …
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