Tag Archives: Economic

Rome, Italy | THE INDEPENDENT | Italy is embarking on a new era in its trade and investment relations with Uganda, with officials promising new and bigger investments in different sectors, especially agriculture, health and other sectors. This comes as the Italian Agricultural Machinery Manufacturers Federation (FederUnacoma), is in the final …

ISLAMABAD, Pakistan | Xinhua | The economic recovery in Pakistan continues at a steady pace, bolstering business confidence and market sentiment, Pakistan’s Ministry of Finance said on Wednesday. “Despite significant challenges, the overall economic outlook is optimistic, marked by receding inflationary pressures, positive prospects in agriculture, signs of potential recovery …

In Highly Indebted countries, it might require a combination of deeper debt reduction and longer time COMMENT | Dani Rodrik, Reza Baqir, and Ishac Diwan | This year may prove devastating for the developing world, as more and more countries find themselves engulfed in debt crises. Several (Lebanon, Sri Lanka, Russia, Suriname, …

Why growing societal discontent can lead to violence and protests Kampala, Uganda | INDEPENDENT TEAM & AGENCIES | Uganda, political-economically speaking, is moderately stable compared to other countries that are highly unstable such as Sudan and Libya. On the policy front, this can be seen in the government’s tendency to run …

United Nations | Xinhua | The top UN envoy for Sudan warned Monday that the country may risk sliding into an economic and security collapse and a worse humanitarian crisis. “The stakes are high. The aspirations of Sudanese women and men for a prosperous, civilian-led, democratic future are at risk. Unless …

By David Nyende Infrastructure investments alone will not result in economic growth and development In answer to the question: “How do you make an economy grow?”, one economist wrote: “The secret of economic growth remains mysterious despite the tremendous efforts by economists into trying to solve it: neither free market …

By Henry Zakumumpa How poor African countries unwittingly develop rich western countries About three months ago, the local press was awash with reports of a raging debate in parliament about Uganda’s proposed borrowing from China to build the Karuma hydro power dam. The legislators maintained that this would exhaust Uganda’s …

By Andrew M. Mwenda Development is more a result of the activities of many anonymous individuals than a product of a visionary leader Common sense should predict and human nature would dictate that every leader of a poor country would desire to go down in history as a great transformative …

By Ndinawe Byekwaso No wonder Uganda has been turned into a gambling economy by the likes of Sports Betting In his annual State of the Nation address on June 7, President Museveni pointed out that Uganda’s fast economic growth has been in non-vital parasitic sectors, which promote imports. These comprise …

By Agather Atuhaire Private sector hails new budget but worries persist over poor implementation For the first time in many years, the private sector has welcomed the new budget, saying it was what the country needed to revitalize it battered economy. At a post budget meeting in Kampala on June …