COMMENT: Policy and institutional reforms are needed for Uganda’s economy to recover – CSBAG Economic growth is not a chance event although it can benefit from chance events. There must be a plan that guides deliberate actions that are derived from a coherent or logical way of thinking. The logical critical …
Read More »Rule change pushes Premier League into £312m loss – report
London, United Kingdom | AFP | The Premier League is set to announce a record annual pre-tax loss of £312 million because of the declining value of the sterling and new accounting rules, the Financial Times reported on Friday. English football’s top flight is the wealthiest major domestic football competition …
Read More »Saudi raises $9 bn in first global Islamic bond issue
Riyadh, Saudi Arabia | AFP | Saudi Arabia raised $9 billion in its first global Islamic bond issue, the government announced on Thursday, a move analysts say could ease pressure on foreign reserves. The sale of Islamic bonds, known as sukuks, comes after the kingdom in October turned to the …
Read More »S.Africa new finance minister vows to enforce ANC policies
Johannesburg, South Africa | AFP | South Africa’s new Finance Minister Malusi Gigaba Saturday pledged to implement the policies of the ruling ANC as the party remains deeply divided over the sudden firing of his predecessor. Gigaba on Thursday replaced Pravin Gordhan, ousted in a shock midnight cabinet reshuffle by …
Read More »Brexit job fears stalk Britain’s financial centres
Manchester, United Kingdom | AFP | Worries are whirring in Britain’s smaller financial centres — which together employ far more people than the glamorous City of London — that the looming EU departure will lead to heavy job losses. In Manchester’s buzzing finance district of Spinningfields, a worker at an …
Read More »Plan to nurture African economies unites fractious G2
Baden-Baden, Germany | AFP | Ministers from the world’s top economies heralded plans to boost development in Africa on Saturday, at an otherwise fractious G20 gathering in Germany. Berlin, which holds the presidency of the powerful nations’ club this year, has made a hoped-for “Compact with Africa” a top priority for …
Read More »Algorithms: the managers of our digital lives
Paris, France | AFP | Algorithms are a crucial cog in the mechanics of our digital world, but also a nosy minder of our personal lives and a subtle, even insidious influence on our behaviour. They have also come to symbolise the risks of a computerised world conditioned by commercial …
Read More »Govt taking steps to reduce domestic arrears
Government is taking steps in ministries and departments intended to reduce and solve the problem of increasing domestic arrears, the Minister of State for Finance David Bahati has said. One of the steps, the minister said was instituting prepaid systems for utilities. “The biggest part of domestic arrears is on …
Read More »JOBS: UNDP Finance Assistant, Windhoek, Namibia
JOBS: UNDP Finance Assistant, Windhoek, Namibia Organization: UNDP – United Nations Development Programme Country: Namibia City: Windhoek APPLY HERE Share on: WhatsApp
Read More »ANALYSIS: IMF boss ensures 2017 budget will be ‘hard’
Lagarde (right) praised Museveni’s (left) scaled-up infrastructure investments.When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor of Bank of Uganda Tumusiime-Mutebile and other senior officials stepped into the meeting with visiting IMF Managing Director Christine Lagarde this last week, they had under their belt a …
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