African finance experts at COP29 want that wealth measured in new ways ANALYSIS | THE INDEPENDENT | Akinwumi Adesina, the president of the African Development Bank (AfDB) has stirred up new thinking around financing for the continent at the COP29 by insisting on a revaluation of its green wealth. Adesina on …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has tasked accounting officers to be strict with matters of accountability in wealth creation programmes for rural poverty eradication. Museveni said programmes like the Parish Development Model (PDM) require transparency to advantage its beneficiaries. “The ideology and politics of the NRM is …
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US$ 57 million ultramodern AU-PANVAC laboratory complex to tackle rising livestock disease burden Bishoftu, Ethiopia | RONALD MUSOKE | The United States government through its Defence Threat Reduction Agency’s (DTRA) biological threat reduction programme (BTRP) has boosted the capacity of the African Union-Pan African Veterinary Vaccine Centre (AU-PANVAC) to respond better to …
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Harare, Zimbabwe | Xinhua | Zimbabwe’s Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube on Thursday proposed a “wealth tax” that targets the country’s super-rich with an intention to use the funds earned from the new measure to upgrade urban infrastructure. Presenting the 2024 national budget statement to …
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Kampala, Uganda | THE INDEPENDENT | The 12th Annual Mineral Wealth Conference is set to take place from October 30-31 at Kampala Serena Hotel. This year’s conference is being held under the theme; “Creating a Viable and Feasible Roadmap for Uganda’s Mineral Sector to Contribute to Economic Transformation.” Organized by …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament from the opposition have raised objections to the proposed exemption of UPDF officers from publicly declaring their wealth through the Inspectorate of Government (IGG) and instead doing it through the Chieftaincy of Military Intelligence (CMI). They argue that since the army receives …
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Kampala, Uganda | THE INDEPENDENT | The Inspector of Government (IGG), Beti Kamya, announced that a new portal is being created where soldiers will declare their wealth through the Chieftaincy of Military Intelligence (CMI). This came after President Museveni warned against the open declaration of soldiers’ wealth through the IG, citing …
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Rwanda was the top performing market in Africa during the past decade, with millionaire growth of 72%, followed by Mauritius, the Seychelles, Uganda, and DRC Kampala, Uganda | THE INDEPENDENT & AGENCIES | Africa’s millionaire population is expected to rise by 42% over the next 10 years, reaching around 195,000 by …
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It reveals ‘Big 5’ account for 56% of the continent’s millionaires Kampala, Uganda | AGENCIES | The total investable wealth currently held on the African continent amounts to USD 2.4 trillion and its millionaire population is expected to rise by 42% over the next 10 years, according to the latest 2023 …
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Kampala, Uganda | THE INDEPENDENT | The Inspectorate of Government has revealed it is waiting for up to 34,000 wealth declarations by various leaders in compliance with the Leadership Code. The declaration which started on March 1 will run until March 31, 2023. The code requires a public officer to declare his …
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The Independent Uganda: You get the Truth we Pay the Price