Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …
Read More »The private sector steps up
While some companies will need government assistance others are becoming part of the solution COMMENT | DAMBISA MOYO | If the 2008 global financial crisis laid bare the worst of capitalism, the private sector’s response to the COVID-19 pandemic is already showcasing the very best. COVID-19 cases have now surpassed …
Read More »Private sector activities rise
Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector activity increased for December 2018 signalling improved business environment. The Stanbic Bank Purchasing Manager’s Index (PMI) for manufacturing and services rose to 56.6 for December from 55.7 recorded in the previous month owed to increased demand for various products and services. Anything …
Read More »How to bring women, youth to formal economy
Closing the financial inclusion gap will require government, private sector and development partners. Kampala, Uganda | JULIUS BUSINGE | How can women and youth population participate in the country’s formal economic activities? This is what formed part of the discussion at a breakfast meeting organised by Financial Sector Deepening Uganda (FSDU) …
Read More »How central banks in EAC can boost private sector credit
The economic rescue initiatives can only succeed without political interference Kampala, Uganda | ISAAC KHISA | How can central banks in the East African Community boost private sector credit that has since last year slowed down? That was one of the issues that the Central Bank Governors in the region …
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