KIGALI, RWANDA | Xinhua | Rwanda on Tuesday officially became the headquarters of Africa’s innovation financing facility, known as timbuktoo Africa Innovation Foundation. The foundation launched by African leaders in January this year at the World Economic Forum (WEF) in Davos, Switzerland, is a bold partnership between the United Nations …
Read More »Get-rich-quick schemes, pyramids and ponzis: five signs you’re being scammed
Kampala, Uganda | AGENCIES | Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming increasingly difficult to keep financially afloat. On top of that, salaries aren’t keeping up with …
Read More »World Insights: Global economy facing “turning point” amid challenges
Davos, Switzerland | Xinhua | The global economy has regained steam after a difficult COVID-19 pandemic, but experts at the World Economic Forum (WEF) say a recovery is far from certain. Under the theme “Cooperation in a Fragmented World,” the WEF’s 2023 annual meeting concluded here on Friday. The gathering came …
Read More »Infantino highlights economic impact of football
Davos, Switzerland, | Xinhua | FIFA President Gianni Infantino has highlighted the importance of football to the world economy. In an interview with Xinhua at the World Economic Forum Annual Meeting 2023, Infantino said he believed that it was very important to exchange ideas with leaders and business representatives from various …
Read More »Health should not be a privilege for the rich – Byanyima
Kampala, Uganda | THE INDEPENDENT | The UN agency devoted to ending AIDS as a public health threat is calling on top politicians and governments across the world to ensure the right to quality healthcare is upheld, and not just a privilege to be enjoyed by the wealthy. UNAIDS executive director …
Read More »Trump rejects climate ‘prophets of doom’ as Thunberg warns Davos
Davos, Switzerland | AFP | US President Donald Trump on Tuesday assailed environmental “prophets of doom”, delivering an uncompromising message in Davos after Swedish teenage campaigner Greta Thunberg slammed government inaction on the climate crisis. Thunberg was in the audience in the Swiss Alps to hear a typically bullish speech by …
Read More »Uganda drops six places in latest Tourism Competitiveness Index rankings
❇ TTCI Rankings 2019 ❇ In 2015 ➡ 114 ❇ In 2017 ➡106 ❇ In 2019 ➡112 👉Visitor arrivals 1,402,400 👉 Inbound receipts $937.3 million 👉Receipts per arrival $668 Top African countries 🇲🇺 Mauritius 54 🇿🇦 South Africa 61 🇸🇨 Seycheles 62 🇪🇬 Egypt 65 🇲🇦 Morocco 66 🇳🇦 Namibia 81 🇰🇪 Kenya 82 🇹🇳 Tunisia 85 …
Read More »From Prince William to Mike Pompeo: top quotes at Davos
Davos, Switzerland | AFP | Here is a serving of quotes from the World Economic Forum (WEF) in Davos on Tuesday, where a year after US President Donald Trump stole the show, Brazil’s new far-right leader grabbed the limelight. “I’d like to say it’s a personal treat for me to be …
Read More »Davos elites warned on populist rage, economic uncertainty
Goodbye Nairobi. Hello #Davos2019 Tomorrow we @Oxfam launch our #inequality report. Here & around the world we will sound the alarm on the frightening, widening gap between rich & poor. We will offer solutions & point to +ve examples. Watch this space! #wef19 #FightInequality pic.twitter.com/kNavqZVYKP — Winnie Byanyima (@Winnie_Byanyima) January …
Read More »MUSEVENI: Political will minus strategy won’t develop Africa
DURBAN, South Africa| PPU| For Africa to develop, the political will of the leaders must be accompanied by the right strategy, Uganda’s President Yoweri Museveni has said. Museveni was speaking as the chief panelist on the subject “Agenda 2063: Infrastructure Update” at the World Economic Forum on Africa in Durban, …
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