Tag Archives: investment

Through smarter asset management, cities can double their investments without raising taxes COMMENT | DAG DETTER | The world is becoming increasingly urbanised, as more people are choosing to live in towns and cities than ever before. The trouble is, most urban areas are unprepared to manage the influx. Cities around …

VIDEO: UNOC urges private sector to invest in oil reserves Kampala, Uganda | NTV UGANDA | Once Uganda builds its fuel reserve capacity to atleast 100 Million litres within the next 2 years, it could contribute towards the stability of the supply within the country. Daily consumption is at 5.5 million …

Dubai, United Arab Emirates | AFP |  African officials, including four heads of state, convened with international CEOs at a summit Wednesday in Dubai, part of its push to position itself as a link for huge potential investments on the continent. “We are looking at the fastest growing economy of …

MP Abigaba roots for investment in the manufacturing of eco-friendly paper bags to replace ‘Kaveera’ Kampala, Uganda | GODFREY SSALI | Government has been urged to invest in the manufacturing of eco-friendly paper bags made from banana stems. The eco-friendly paper bags will help waste disposal by households as Uganda moves to implement the …

Cairo, Egypt | AFP | Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800 million in hotels in Egypt, the investment ministry in Cairo said on Monday. The announcement came after parliament in May adopted a new law aimed at attracting foreign investment as the authorities seek …

COMMENT: The new G20 Compact with Africa stands for a new approach in international development policy Germany |Wolfgang Schäuble |   Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa …

Merkel’s G20-Africa meet aims to reduce poverty, migrant influx Berlin, Germany | AFP | German Chancellor Angela Merkel will on Monday meet African leaders in Berlin on initiatives aiming to reduce the poverty and conflict driving a mass migrant influx to Europe. The idea is to team up African nations …

Shanghai, China | AFP | China Southern Airlines said Tuesday it would sell almost a one-tenth stake to American Airlines in a $200 million tie-up that could see two of the world’s biggest carriers cooperate in a range of areas. American Airlines is the world’s largest carrier by scheduled passengers carried, …

Beijing, China | AFP |  Beijing is tightening screening on Chinese companies’ overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending. Authorities will “combine facilitating foreign investment with guarding against investment risks” by scrutinising proposed deals, said a …

Better business climate Uganda’s ranking in the 2017 World Bank’s Ease of Doing Business has improved by seven places, a development that shows that ongoing business environment reforms being implemented by the government are starting to bear fruit. Uganda now ranks 115th out of the 190 assessed economies, which is …