Zhang Jun, SHANGHAI – A tough decision to lockdown Shanghai, China’s largest city, shocked the world. After six weeks, and despite a sharp decline in infections, Shanghai’s lockdown has imposed enormous costs on the city and its residents. Given that the Omicron variant has a low mortality rate among the vaccinated, and much of the rest of […]
Addis Ababa, May 18, 2022 – Ethiopia’s Ministry of Finance, the Ethiopian Investment Holdings and FSD Africa have today signed a cooperation agreement to establish the Ethiopian Securities Exchange (ESX). A Cooperation Agreement between the Ministry of Finance of the Federal Democratic Republic of Ethiopia, the Ethiopian Investment Holdings and FSD Africa will provide the […]
Makerere University Kampala 17/5/2022. First Lady and the Minister of Education and Sports, Mrs. Janet Museveni, expressed her joy and appreciation to God when laying the foundation stone for the reconstruction of the Makerere main administration building and the other projects underway that will enhance the institution’s prestige as a centre for higher learning and excellence. […]
By Moses Mugerwa, Uganda’s public transport has undergone some notable changes in the past decade or so. New technology, and use of smartphone apps has changed the way many Ugandans access boda boda and taxi services. E-hailing companies in Uganda such as Bolt, have now become major players in an industry that used to be […]
Michael R. Bloomberg and Damilola Ogunbiyi, NEW YORK – Growing economies and growing populations mean growing energy needs. The international community must collaborate with developing countries to meet those needs through universal access to energy that is affordable, reliable, and clean. At the same time, we must enable a just and equitable transition away from […]
Amber Group Invests in The First Fractionalized NFT on Tier 1 Exchange and Other Q1, 2022 Updates Leading crypto assets platform, Amber Group, has been hard at work in Q1 2022 with recent updates showing the scale of adoption, investment, and participation within the digital and crypto asset space from the company. One of Amber […]
Nearly two years after the close to the 100-year-old iconic bell tower of the Makerere university administrative building was engulfed in flames and caused widespread public despair, First Lady Janet Museveni will today officially commission the works for its reconstruction and other projects. For decades, any mention of the ‘Ivory Tower’ has been synonymous with […]
Kampala. May 16, 2022: Rehmah Kasule, a renowned Ugandan author and Woman Leader, is among the 33 inspirational global women leaders who will be featured in CNBC’s Rising Women Series – Amplifying the Voices of African Leadership, an initiative launched by the global media house. Kasule named alongside African Women Presidents; H.E Samia Suluhu Hassan […]
Mohamed A. El-Erian, CAMBRIDGE – Big shocks to the global economy, such as Russia’s invasion of Ukraine, understandably capture the most attention. But a new worldwide pattern of “little fires everywhere” may be equally consequential for longer-term economic well-being. Over time, these small fires can coalesce into one that is just as threatening as the […]
Gateway Into The Metaverse SINGAPORE, 11 May 2022 — Amber Group, the leading global digital asset platform, today announced its entry into the metaverse with the launch of Openverse, a Web3 enablement platform for creators, brands and businesses. A culmination of Amber Group’s multi-disciplinary expertise in digital architecture and blockchain-native infrastructure, Openverse serves as a […]
Pinelopi Koujianou Goldberg, NEW HAVEN – One of the main goals that US President Joe Biden has set for his administration is to empower American workers and the country’s middle class. Many believe that globalization (along with several other factors) contributed to stagnating real wages, rising inequality, and the sense that American workers have lost […]
Hippolyte Fofack, CAIRO – On May 4, the United States Federal Reserve raised its benchmark interest rate by half a percentage point in an aggressive attempt to curb surging US annual inflation, which currently stands at a four-decade high of 8.3%. And eurozone inflation reached a record 7.5% year on year in April, according to preliminary estimates. These sharp, sizeable […]
Dr. Jane Nambakire Mulemwa, Following the announcement of the Final Investment Decision (FID) in February 2022, and the recent accession of the Democratic republic of Congo (DRC) into the East African Community (EAC), the case for regional and international cooperation in the sustainable exploitation of natural resources has never been stronger. This is primarily because […]