November 30, Kampala– National Housing, Stanbic Properties Limited, and Stanbic Bank Uganda have today entered a tripartite partnership to develop and facilitate Ugandans to access affordable modern housing, at a function presided over today, by the Minister of Finance, Planning and Economic Development. Under the terms of the partnership, National Housing will provide land to […]
Ezra Benjamin Ivudria, As the international breaks come to a close, the three lions managed to qualify with a thumping 10-0 beating San Marino for them to cement their places in next year’s FIFA world cup, most of the goals came from England’s star man Harry Kane as his form in the league remains dreadful. […]
As Africans, land and real estate are often our most popular investment options. And that’s okay. Followed closely by more formal options such as good ole stocks, treasury bonds, T-bills, and fixed deposits. Now here’s the thing. These investment options are often big-ticket investments and require a significant cash outlay from investors. This means first-time […]
Dalia Marin, MUNICH – Inflation seems to be on everyone’s mind nowadays. The debate usually centers on whether America’s massive monetary and fiscal stimulus will de-anchor inflation expectations and cause prices to spin out of control. But there is another trend that could also generate inflationary pressure: deglobalization. Deglobalization has been occurring since the 2008 global financial crisis. But […]
Communities in Greater Mityana have been cautioned against illegal power connections which not only pose a glaring safety risk but also compromise the quality of electricity as well as increase energy losses. Speaking during a Stakeholder engagement meeting in Mityana with Area Members of Parliament and District Leaders, Umeme’s Head of Metering Services Victoria Namubiru […]
Private equity as an alternative asset class is a very attractive investment vehicle for investors, due to its ability to deliver higher returns relative to other asset classes over the long term. Private equity is widely practiced in developed countries as it compensates for the scarce credit available to local enterprises and supports the growth […]
Kampala, September 30, 2021 – United States Ambassador to Uganda Natalie E. Brown visited Kampala Capital City Authority (KCCA) headquarters to launch a $1.6 million (nearly UGX 6 billion) grant, representing the first year of funding of a five-year partnership between the U.S. Centers for Disease Control and Prevention (CDC) and KCCA to improve health services in […]
Raghuram G. Rajan, CHICAGO – Is there a larger purpose to the Chinese government’s recent actions against the country’s largest corporations, and does its cleanup of the financial sector fit into its economic strategy? China has sought for at least 15 years to rebalance its growth from exports and fixed-asset investment to greater domestic consumption […]
Rabah Arezki and Jean-Pierre Landau, ABIDJAN/PARIS – As the global economy begins to emerge from the COVID-19 crisis, managing inflation risks will be much more challenging in developing countries than in advanced economies. That reflects the nature of the shocks driving inflation and the fact that lower-income countries are ill-equipped to respond to them decisively. […]
Dani Rodrik, CAMBRIDGE – The economic-policy conversation in the United States has been thoroughly transformed within the space of just a few years. Neoliberalism, the Washington Consensus, market fundamentalism – call it whatever you want – has been replaced with something very different. In macroeconomic policy, debt and inflation fears have given way to a […]
Four years after surviving a near-death experience following an attack by unknown gunmen in Mogadishu which left him disabled and in a wheelchair, 16-year-old Mustafa Hassan Awad has launched a foundation dedicated to enhancing the lives of Somali children with disabilities. The Abeer Foundation was launched in Mogadishu on Sunday, August 15 to mark the […]
Kemal Derviş WASHINGTON, DC – As the Nobel laureate economists Robert Shiller, Abhijit Banerjee, and Esther Duflo have argued eloquently in recent books, political debate and economic policy are driven much more by simple “narratives” than by complex and nuanced theories or models. What counts are plausible “stories” that have broad intuitive appeal and can thus sway public opinion. This is […]
Daron Acemoglu, BOSTON – US President Joe Biden’s spending plans have been grabbing headlines, and rightly so. The administration’s relief package and infrastructure plan could remake the US welfare state by bolstering the social safety net and increasing spending on transportation, broadband, and education. But with US government spending likely to remain high after the […]