Alassane Ouattara, Alassane Ouattara is President of Ivory Coast. YAMOUSSOUKRO – When Europeans or Americans ask about Ivory Coast, we locals may sound a little bit like we are quoting Charles Dickens. We have, after all, lived through the best and the worst of times. This week’s parliamentary election will play a major role in […]
Private sector optimism picked up during February due to the reopening of schools boosting confidence of private entities, ending a two-month sequence of job cuts and leading to an improvement in the Stanbic Purchasing Managers’ Index (PMI) to 51.2 from 49.8 in January. The index is now above 50.0 signifying a positive outlook compared to […]
William R. Rhodes and Stuart P.M. Mackintosh, NEW YORK – Over the past year, rich-country governments and central banks have provided an unprecedented fiscal and monetary stimulus to help mitigate the economic impact of the COVID-19 pandemic. Getting back to economic normalcy – whatever modified form that takes in 2021 and 2022 – will require […]
By: Michael Ssekyondwa, Head of Retail Banking, KCB Uganda The economy was undeniably impacted due to the COVID-19 pandemic, with many businesses closing, others struggling to stay afloat and some continually doing their best to innovate in order to recover from the heavy financial burden experienced in the year 2020. With the stock markets depreciating, […]
Taiwan and Somaliland have set off their ICT partnership program by signing the E-government Capability Enhancement Project. The project is aimed at enhancing the e-government capability in Somaliland The objective is to improve government network management, establishing the data exchange platform among government institutions, and capacity building and institutional strengthening. It is part of a […]
Nouriel Roubini, NEW YORK – The US economy’s K-shaped recovery is underway. Those with stable full-time jobs, benefits, and a financial cushion are faring well as stock markets climb to new highs. Those who are unemployed or partially employed in low-value-added blue-collar and service jobs – the new “precariat” – are saddled with debt, have […]
Stanbic Bank Uganda has officially launched the 6th annual National Schools Championship (NSC) to be held under the theme “Empowering the job creators of tomorrow with the main focus on agriculture, business innovation and IT Skilling”. The National Schools Championship is Stanbic’s flagship education development initiative aimed at broadening participants’ abilities in applying business principles […]
March 2, 2021 – NAIROBI – The 2021 Edelman Trust Barometer reveals that Kenyans trust NGOs and business more than other institutions, and are looking to their own employers to provide them with credible information and to be a force for good. “With the pandemic having put trust to the test, Kenyans are placing their […]
Radisson Hotel Group is proud to announce its first Radisson Individuals property in Africa, with the signing of Earl Heights Suites Hotel, a member of Radisson Individuals, Accra, Ghana. Located in Dzorwulu, the property is currently undergoing a full renovation and is on schedule to open within this year. Just 5km from Kotoka International Airport […]
Rachel Kyte, Ana Toni, and Bernice Lee, WASHINGTON, DC – COP26, the United Nations climate summit being held this November in Glasgow, is already looming large in US and UK policymaking circles. For UK Prime Minister Boris Johnson, the summit is a major opportunity to demonstrate what a post-Brexit “Global Britain” can do. And for […]
Yu Yongding, BEIJING – On September 25, 2015, the world’s heads of state and government unanimously adopted the 2030 Agenda for Sustainable Development – a sweeping global blueprint for building a more equitable and sustainable world. But, more than five years later, progress toward the agenda’s 17 Sustainable Development Goals leaves much to be desired. […]
Kampala 1st March 2021; MultiChoice Uganda, the home of great Pay TV entertainment, has today launched an exciting GOtv decoder offer with a 43% reduction, effective 1st March 2021. The announcement was made during a press briefing held at MultiChoice Uganda offices today. GOtv non-subscribers will now access the GOtv decoder at Ushs 39,000 from […]
Shang-Jin Wei, NEW YORK – As US President Joe Biden’s proposed $1.9 trillion economic stimulus package works its way through Congress, former Treasury Secretary Lawrence Summers (a Democrat) and many Republicans argue that the plan is too big. But perhaps a more important question is whether the United States is falling into a “stimulus trap,” and, if so, how […]