Tag Archives: rich

A progressive tax system would redistributes incomes to the poor while preserving incentives for the rich COMMENT | KAUSHIK BASU | While there are many ways to measure economic inequality, key metrics consistently show that disparities are getting worse. According to a recent United Nations report, 71% of the world’s population …

Uganda listed among those growing rich fastest COVER STORY | AGENCIES | Uganda is one of seven countries expected to experience 80%+ millionaire growth over the next decade, according to a new report by the leading international wealth and citizenship advisory and consultancy firm, Henley & Partners. The report says although …

New Oxfam report says they exploit the poor Kampala, Uganda | RONALD MUSOKE | Oxfam; the global anti-poverty NGO, has once again released a report on trends of wealth accumulation among the rich and poverty deepening among the poor. While the anger directed at the rich individuals and corporations is the …

United Nations | XINHUA | United Nations World Food Programme (WFP) Executive Director David Beasley on Thursday urged the rich to help the hungry. “We cannot and we must not surrender, or tell ourselves there is nothing we can do, because millions of people around the world desperately need our help,” …

Kampala, Uganda | THE INDEPENDENT |  A report by estate agent Knight Frank indicates that 494 Ugandans each own wealth worth at least $500,000 (1.8bn Uganda shillings). The index shows the minimum threshold. This means that of the 494 individuals, there are those that own wealth in the excess of USD1m …

Twaweza report shows the government needs to rethink how it pulls the poor from poverty Kampala, Uganda | FLAVIA NASSAKA | President Yoweri Museveni likes to hand out cash. He splashes on anyone lucky enough to cross his path. It could be a person or group in the low income settlements …

Kampala, Uganda | GODFREY SSALI |The High Court in Kampala has declined to issue orders to exhume the body of the late Ivan Ssemwanga to retrive currency noted said to have been buried with him as asked by a concerned citizen a one Abey Mgugu. This is after presiding judge …

By Dani Rodrik How do politicians who are unresponsive to the interests of the vast majority of their constituents get elected? It is hardly news that the rich have more political power than the poor, even in democratic countries where everyone gets a single vote in elections. But two political …

By Julius Odeke After two decades of the conflict in the history of Somalia, the year 2012 could be referred to as “the year of rich harvest” following the great strides towards stabilization that the country witnessed in the last 12 months. The Uganda Contigent Public Relations Officer for African …

By Andrew M. Mwenda The politics of US$ 150m spent by government on evacuating top officials for medical treatment abroad On Monday, April 23, Daily Monitor reported that the government of Uganda spends US$150 million per year (Approx. Shs 375 billion) on medical treatment of its top officials abroad. When …