How our nations’ pursuit of foreign ideologies is an impediment to our growth and transformation THE LAST WORD | Andrew M. Mwenda | By Andrew M. Mwenda | My friends and I have been engaged in a debate about the role of Foreign Direct Investment (FDI) in development. There is widespread belief that development requires …
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Favoured for its stable macro-economic policies, liberalised business environment, and strategic location as a logistics hub within the Great Lakes region SPECIAL REPORT | BIRD AGENCY | While the clean energy sector draws significant global foreign investment to Africa, particularly green hydrogen, solar, wind, and battery manufacturing, this is not Africa’s …
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While the clean energy sector draws significant global foreign investment to Africa, particularly green hydrogen, solar, wind, and battery manufacturing, this is not Africa’s only drawcard. Rapid economic growth and a fast-growing, youthful population are also driving investment in the continent. Here, bird story agency looks at the 10 countries …
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Kampala, Uganda | THE INDEPENDENT | The value of foreign direct Investments (FDI) into Uganda grew by almost 80 percent in 2022, the bulk of the money going into oil and gas and related activities, this is according to the latest joint government report. The survey conducted by the Bank of …
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The Bank of Uganda data shows that the value of the country’s exports to South Africa continues to grow albeit at a slow pace Kampala, Uganda | JULIUS BUSINGE | South African businesses in Uganda and key local institutions including MTN Uganda, Absa Bank Uganda, Sanlam, Nile Breweries Limited, Stanbic Uganda …
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Kampala, Uganda | THE INDEPENDENT | In an exclusive interview with the African Business, the Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, talks about how the bank is dealing with inflation and the opportunities presented by oil and gas projects in the country How would you describe the current …
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Why their opposing views still represent the ideological contention over Uganda’s destiny THE LAST WORD | ANDREW M. MWENDA | The memorial service of deceased central bank governor, Emmanuel Tumusiime-Mutebile, provided a rare glimpse into the ideological contests that shaped the nature of the economy of present-day Uganda. President Museveni …
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The debt service to tax revenue ratio has increased to 27.1% in Oct. 2021, up from 24.4% in the same period in 2020 Kampala, Uganda | ISAAC KHISA | Coronavirus pandemic induced borrowing has seen Uganda’s public debt raise 3.1% to Shs 73.78trillion compared to June 2021, says the …
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Kampala, Uganda | THE INDEPENDENT | The long wait for Uganda’s Final Investment Decision (FDI) for oil and gas could come to an end this Sunday, following talks between government officials and industry leaders from Uganda and Tanzania. Tanzania’s new president Samia Hassan Suluhu is due in the country for …
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However, the financial services sector is not out of the woods yet Kampala, Uganda | JULIUS BUSINGE | Uganda has for the fourth consecutive year maintained the 10th position in the Absa Africa Financial Market Index 2020, signalling a stagnation in performance. The report, released by Absa Bank shows …
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