The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva (pictured) has commended China’s efforts to combat Corona virus so far. She made the remarks at Caixin Summit held in China on November 12, 2020. “As a result of very determined domestic measures, the Chinese economy is going to be one
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It’s been a tumultuous four years for U.S. commodity industries that found themselves a key focus of the White House through its aggressive trade policy agenda. From steel and aluminum tariffs to grain subsidies to boosting exports of liquefied natural gas, very few corners of the global commodities market eluded
Read MoreThe National Unity Platform (NUP) Presidential Candidate, Kyagulanyi Ssentamu Robert Saturday launched his manifesto in Mbarara City (Kakyeka stadium). Kyagulanyi aka Bobi Wine is among the 10 presidential candidates trying to unseat the incumbent Yoweri Museveni (who’s also a candidate) who has been in power since 1986. Below is a
Read MoreUganda’s private sector continued to recover during October from the downturn caused by the Covid-19 pandemic as demand improved following the easing of restrictions, leading to further expansions in output, new orders and employment. The headline Stanbic Bank Purchasing Managers Index (PMI) rose to 55.8 in October, up from 54.5
Read MoreTime Is Nigh For E-Commerce: Supermarkets Ought To Lead Way In Digitalizing Their Services
By Emma Onyango In the past decade, the internet has created new opportunities for the tech-savvy to explore the possibilities that the digital space offers. With new competitive pressures, technological advances, and evolving consumer attitudes and behaviors, retailers are recognizing threats early, seizing opportunities, and catching a wave of profitable
Read MoreBy Olga Kiconco, Lead Innovation Strategy & Consulting The Innovation Village It is believed that as early as 800BC during Ancient Greek time, retail trade was already well established in the Angora City Centre. Certain days and places were designated for open markets where the local peasants accessed consumers who
Read MoreBy Shannon Katureebe There is a popular saying in Kampala “If you want to kill a friendship, start a business with your best friend.” If it fails, the friendship can suffer a silent death. However, if it succeeds the friendship becomes stronger. Before investing in a friend’s business or being
Read MoreUganda’s total public debt stock (in nominal value) stood at Shs56.5 trillion (40.9 percent of GDP), as at end June 2020, the Bank of Uganda (BoU) Annual Report for Financial Year 2019/2020 released on October21 has revealed. This represents an increase of 19.6 percent relative to June 2019. “The increase
Read MoreCoffee is Uganda's major export item The Middle East is now Uganda’s major export destination after overtaking the East African Community (EAC), the September 2020 Performance of the Economy Report released by Ministry of Finance has revealed. “Uganda’s major export destination in August 2020 was the middle East as opposed
Read MoreThe machine-gunning of the Cuban embassy in Washington with an assault rifle and with the intention of killing five months ago is a clear evidence and direct result of the aggressive policy of the United States government against Cuba and the tolerance and instigation of violence by politicians and anti-Cuban
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