Business

Chinese Funded Rail Track Plunges Kenya into Debt

Nov
23
By Suchet Vir Singh with John Otim  

Chinese Funded Kenyan Railway

Kenyan government has published partial accounts of a controversial railway contract signed with China in 2014. A contract whose high rates has engulfed Kenya in huge debts.

Built at the huge cost of $4.7 billion the railway line (known as the Standard Gauge Railway) is marred by corruption scandals and alleged criminality.

 

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IS THERE PETROLEUM IN SEMLIKI VALLEY, UGANDA?

Jun
21
By Akena p'Ojok, former Minister of Transport in the Obote II government

Who says Presidents do not soliloquize? Dr. A. M. Obote was very good at it. When agonizing over the bad state of Uganda economy, he was often overheard saying, 'it is bad enough for a person to be poor, but for a country to be poor is a terrible thing!' He would then, almost instinctively ask any person nearest to him about 'this rumor about the smell of paraffin on Lake Albert, is this true? Could this indicate the presence of Petroleum deposit? If there is Petroleum nearby in Southern Sudan, why can't Uganda have a bit of it also?

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INTERVIEW WITH PALM LEAVES ARTIST

Jun
21
By John Otim, writer & journalist

Palm Leaves ArtistDespite his age, the man was a dandy. Dressed in fabrics made entirely of palm leaves. His name is Michael Santos. Santos lives in Jinja Camp, which is a suburb of Lira City in Northern Uganda 

Every item of clothing he wore, was made of dried palm leaves. The round safari hat. His short-sleeve jacket. His wide pair of shorts with crisp trendy lines. As though freshly laundered, pressed, and all that. His flat footwear. All of them, are made of palm leaves. Palm leaves as everyone knows, are the material used primarily for making mats and baskets. Santos puts it to good use to create his amazing wardrobe.

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WHY  UGANDA NEEDS TO RE-CALIBRATE ITS POVERTY ERADICATION PROGRAMS

Mar
22
By Lutaaya Brian Wamala, Business Entrepreneurship and Public Policy academic, brianer1@outlook

Low and Low-middle Income HousesSince the NRM’s ascension to power in 1986, numerous efforts have been made to eradicate poverty across Uganda. In 1997, the government took a more direct approach to poverty eradication through its Poverty Eradication Action Plan (PEAP).  Two and a half decades later, it has since conceptualized and implemented up to a dozen multi-sectoral poverty eradication programs targeting various special interest groups from women to youth.

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The new business of African film

May
23
Jake Bright

With African and Diaspora actors taking on prestigious roles in award winning mainstream films, the premiere of Nigerian high budget production Half of a Yellow Sun, and Nigeria’s new GDP base valuing the indigenous Nollywood film industry at over $3bn, the continent’s industry looks set to break out of its niche.

 

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Nigeria's economy about to achieve global status

Feb
24
Razia Khan

The year 2014 will go down as a milestone in Nigeria’s history. With a current per capita income of $ 1,725 this is the moment when Nigeria’s economy achieves global scale ... Given its vast and rapidly growing population, it cannot fail to demand an ever greater share of the global investor’s attention

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Party monopolies in Africa: Bad for business

Apr
12
Adam Green

Party monopolies reduce African firms' productivity, according to new research. While infrastructure and access to finance are much-cited constraints on African firms' competitiveness, a new study has identified a less obvious

 

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