5 July, 2022 – As of 6th June 2022, WorldRemit, a leading digital payments platform will not be facilitating any new outbound / send transactions from Uganda. Customers receiving funds in Uganda are not affected by this decision and will be able to continue to receive funds via the WorldRemit service without disruption through the […]
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 […]
Jason Furman, CAMBRIDGE – Commentators have generally offered two arguments about advanced economies’ performance since COVID-19 struck, only one of which can be true. The first is that the economic rebound has been surprisingly rapid, outpacing what forecasters expected and setting this recovery apart from the aftermath of previous recessions. The second argument is that […]
Carlo Ratti, DUBAI – “Connecting minds, creating the future,” the slogan of World Expo 2020, is everywhere in this city. The ongoing event, which opened a year late in October 2021, is the first of its kind since the beginning of the COVID-19 pandemic. Few other places in the world are as future-oriented as Dubai. […]
Takatoshi Ito, TOKYO – Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen’s real effective exchange rate (REER, representing roughly the purchasing power of the currency) is now as […]
In the last two years, the COVID-19 pandemic has severely impacted not just the ability of companies to commit to innovation and new initiatives, but also work practices for much of their staff. Subsequent lockdowns have led to many businesses having to be staffed remotely and being able to provide employees with the technological and […]
Carlo Ratti, BOSTON – The future of urban planning may be in Brazil’s second-largest city. But it is not along Ipanema’s glittering waterfront, overlooked by some of the most expensive real estate in Latin America. Nor is it in the Centro district, refurbished for the 2016 Olympics, and now the focus of a major urban […]
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 […]