COMMENT | Gertrude Kamya Othieno | The arrival of European powers in Africa under mercantilism and capitalism marked not only an economic shift but also a profound disruption of the continent’s traditional structures. Governance, resource management, and cultural cohesion, systems that had sustained African societies for centuries, were dismantled, replaced by models …
Read More »European economy struggles amid recession fears, geopolitical chaos
FRANKFURT, GERMANY | Xinhua | As German companies are getting increasingly dissatisfied with their status quo, their scepticism over business prospects for the first half of 2024 has grown. The Ifo Business Climate Index, which measures entrepreneurs’ sentiments about the current business situation and their expectations for the next six …
Read More »EU to spend Shs 420bn on environmental friendly businesses
Kampala, Uganda | JULIUS BUSINGE | The European Union plans to invest over Shs 420 billion in small and medium enterprises that are environmentally friendly in the coming few years, according to Cedric Merel, the head of corporation at the European Union office in Uganda. Merel was speaking on Sept. 05 at Sheraton Hotel …
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