In August, a plaque was installed where Iceland’s once-iconic Okjökull glacier stood before climate change turned it into a lake. “This monument,” the plaque reads, “is to acknowledge that we know what is happening and know what needs to be done. Only you know if we did it.” What is happening, the Intergovernmental Panel on […]
East African Community member states should invest more resources towards the Mitigation of Wildlife related crimes that pose a big threat to the development of the tourism sector, an official working with the International Fund for Animal Welfare (IFAW) has said. Steve Njumbi, the Head of programs at the International Fund for Animal welfare, a […]
With almost all available arable land in the Americas, Europe and Asia already productively farmed using the most developed agricultural techniques, Africa, with 60% of the world’s uncultivated arable land presents a major opportunity to meet the 70% increase in global food demand expected by 2050. Land aside, however, Africa presents a further opportunity for […]
Tax awareness and tax education campaigns serve Uganda well when they result in an improved tax compliance culture in the country. Any improvement in compliance with tax obligations by taxpayers would assist Uganda to generate the much-needed tax revenues to finance the ever-increasing government expenditure. The constitution of the Republic of Uganda under Article 17 […]
The Uganda shilling’s movement against the U.S. dollar remained constrained within the 3680-3710 band in a lacklustre trading session on Tuesday. The session saw minimal activity across the counters, with flows just about evening out on the day. The USDUGX currency pair closed the day little changed from the previous day’s close. The domestic unit […]
French Company Total E&P Uganda has boosted the National Content Capacity pool by unveiling the first group of internationally certified oil and gas welders at Buhimba Technical Institute in Hoima district. The unveiling follows the successful completion of an intensive 3 months training course on 2G and 4G coded welding undertaken by the students and […]
The 15 countries of the Economic Community of West African States have agreed to adopt, as of next year, a new shared currency, the “ECO.” But, as the eurozone’s experience has shown, currency unions can be unwieldy. Creating a successful one will require the ECOWAS countries to overcome serious challenges. The work of the economist […]
Global personal care products manufacturer PZ Cussons, through its sole distributor in Uganda African Queen No. 1 Distributor Ltd, is ramping up the positioning of its flagship brand Imperial Leather. It has started a new campaign dubbed ‘Be Fresh & Win’ aimed at rewarding consumers in cash & luxury holidays over the next 3 months. […]
Orient Bank Uganda Limited and UnionPay International have announced a partnership in which all UnionPay Cards are accepted at all ATMs and POS terminals of Orient Bank, one of the leading and fastest-growing banks in Uganda. Announcing the partnership in Kampala, Darshana Bhatia, Orient Bank Executive Director said, it is yet another demonstration of their […]
Two years ago, Chinese President Xi Jinping declared that by the time the People’s Republic celebrates its centenary in 2049, it should be a “great modern socialist country” with an advanced economy. To achieve this ambitious goal, China will need to secure another three decades of strong economic performance and inclusive development. The question is […]
Commonwealth finance ministers will meet in Washington D.C. this week to discuss coordinated interventions to prevent future debt crises. The meeting will be chaired by the Finance Minister of Cyprus, Harris Georgiades, under the theme ‘Preventing Debt Crises: The Roles of Creditors and Debtors’. It will be preceded by sessions for senior finance ministry officials […]
In the euphoric moment immediately following the collapse of the Soviet Union, few would have guessed that Ukraine – an industrialized country with an educated workforce and vast natural resources – would suffer stagnation for the next 28 years. Neighboring Poland, which was poorer than Ukraine in 1991, managed almost to triple its per capita […]
As Uganda will be joining the rest of the World to celebrate the International Day for Rural Women and also the World Food Day, Agricultural Activists are calling upon the Uganda Government to support Women especially those in rural areas to effectively adopt Organic Farming Practices which they urge are environmentally friendly and cheap to […]