Uganda participaes in Astana EXPO 2017, takes trade potential to central Asia Kampala, Uganda | THE INDEPENDENT | Uganda last week showcased her business, tourism and national achievements at the ongoing Astana EXPO2017 in Kazakhstan. The highlights of the Uganda day on July 24th 2017 included a press conference, a presentation …
Read More »ANALYSIS: Why Magufuli’s reforms in mining sector are about politics as much as economics
Dar Es Salaam, Tanzania| AFRICAN ARGUMENTS | Ever since his election in 2015, Tanzania’s President John Magufuli has been a subject of public fascination. At first, his war on graft promised to cleanse the state of corruption, while his patriotic thrift inspired the hashtag #WhatWouldMagufuliDo? But as this campaign of tumbua majipu (“lance the boils”) was …
Read More »ICPAU forum says BUBU policy will boost local businesses
Entebbe, Uganda | JULIUS BUSINGE | Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …
Read More »Government sets terms for Nakumatt to pay suppliers
Government sets terms for Nakumatt to pay suppliers Kampala, Uganda | JULIUS BUSINGE |Government of Uganda through the Ministry of Trade has given Nakumatt Holdings, a regional retail chain up to end of this month to have secured an investor to clear arrears for suppliers and landlords . In an …
Read More »IN THE INDEPENDENT: The Sudhir-BOU Inside Story
In the Independent this week: BOU’s war with Sudhir and how the central bank’s handling of the problems of Crane Bank showed lack of imagination and strategy. COVER STORY Secrets of Sudhir saga: How BoU is overseeing the biggest asset grab ever. THE LAST WORD BOU’s war with Sudhir: How …
Read More »IN THE INDEPENDENT: Will Kabaka fire Katikkiro Mayiga?
In the Independent this week: Will Kabaka fire Katikkiro Mayiga? COVER STORY Will Kabaka fire Mayiga?: Anger, anxiety, unease over Buganda monarch’s fights over land. NEWS ANALYSIS Muntu faces FDC boot: Defiant members plot to oust party president. THE LAST WORD The incongruence of the incongruence: How Ugandans get angrier …
Read More »Katuntu Committee recommends refund of sh6bn ‘Presidential Handshake’
I suggest that on top of refunding the money, the Presidential Handshake beneficiaries each make a public apology – Anna Adeke Kampala, Uganda | GODFREY SSALI | Uganda’s Parliament has overwhelmingly approved recommendations from its Committee on Commissions, Statutory Authorities and State Enterprises requiring 42 public officials to refund Ushs 6 billion shared out …
Read More »AGOA: Guide on how to export duty-free from Uganda to US
How To Export Duty-Free From Uganda To The U.S. Under The African Growth And Opportunity Act (AGOA) This guide (below) outlines the step-by-step process that Ugandan businesses should take to export to the U.S. duty-free through AGOA. Exporting can be a challenging process, but it can also be profitable for the …
Read More »ANALYSIS: How bad corporate debts are holding back India’s growth
New Delhi, India | AFP | The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon’s unpaid debts are just the tip of an iceberg that is already holding back the country’s economic growth. The multimillionaire owner of a Formula One …
Read More »Death by overwork: Japan’s 100-hour overtime cap sparks anger
Tokyo, Japan | AFP | Workaholic Japan has unveiled its first-ever plan to limit overtime, but critics want to give it the boot, saying an “outrageous” 100-hour-a-month cap will do nothing to tackle karoshi, or death from overwork. Tokyo’s bid to ease a national health crisis comes after the top …
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