Ethiopia once again heads the league for hotel development in East Africa, according to a regional focus from an influential annual hotel pipeline survey. Details of the survey, which covers the whole of the African continent, will be one of the key discussions at the Africa Hotel Investment Forum (AHIF), which will return to Nairobi […]
A grim picture has recently been presented in a survey by the Kenya National Bureau of Statistics (KNBS); that of a whopping seven million Kenyans currently unemployed with only 1.4 million desperately looking for work. The dire times have resulted in the other 5.6 million giving up on job hunting altogether. In a country where […]
Huawei, a leading global Information and Communications Technology solutions provider (“ICT”) has registered 800 plus I.T students from Universities all over Uganda to take part in the global Huawei ICT competition. This is the first round of registration that happened between 17th and 18th September 2018 at Makerere, Kyambogo, Muni, MUST, Lira, Gulu and Busitema […]
Violation of Workers rights in Uganda has been attributed to government’s failure to implement policies and regulations that govern the labour sector in the country, Gideon Badagawa, the Executive Director of Private Sector Foundation Uganda has said. Badagawa said Uganda has the best protective policies and regulations for workers but the government is not playing […]
One truism of the last three decades is that emerging markets are a leveraged play on global growth: they outperform when developed economies are growing, but they are susceptible to sharp downturns when global conditions are less favourable. This more or less remains true. But when considering emerging-market investment opportunities in the years ahead, one […]
Despite being only a decade old as an industry, impact investing globally has shown impressive growth and obtained mainstream acceptance. However, there are some credibility concerns, particularly in Africa, that can be addressed with clear industry guidelines. This could help to accelerate the allocation of investors’ capital into impact investments. Essentially, impact investing is where […]
The French Ambassador to Uganda, Stephanie Rivoal has said Uganda may not achieve very much from the Oil and gas sector if the government does not embrace transparency in the emerging sector. Speaking at the event to announce the merging of Mazars and BRJ, both Certified Public Accountant firms at the Sheraton Kampala Hotel, the […]
Uganda Export Promotions Board (UEPB) and African Export-Import Bank (AFREXIMBANK) have started a campaign that will see African countries increasing trade among themselves, in what they termed as Intra-African Trade. Analysis by the African Export-Import Bank shows that one of the main reasons why intra-African trade is low at around 15% compared to Europe (59%), […]
Egypt has seen a two per cent drop in its software piracy rate to reach (59%), the U.S.-based Business Software Alliance said in its recent study, released last June. The study revealed that Egypt has managed to decrease the commercial value of the unlicensed software, which declined significantly from $157m in 2015 to $64m in […]
Labour advocates have long complained that international trade agreements are driven by corporate agendas and pay little attention to the interests of working people. The preamble of the World Trade Organization Agreement mentions the objective of “full employment,” but otherwise labour standards remain outside the scope of the multilateral trade regime. The only exception is […]
The global race to cut corporate tax rates accelerated in 2018. According to the OECD’s latest annual review of tax policies across developed economies, the average rate of taxation on corporate profits has fallen from 32.5% in 2000 to below 24% today. This trend is understandable. With private-sector investment remaining stubbornly weak, governments are desperate […]
Africa’s premier fintech event, the Africa Fintech Summit, will be held for the first time in Lagos, Nigeria, on November 8-9, 2018. This event comes on the heels of the earlier edition in Washington D.C. which featured leading policy makers, c-suite business executives, start-ups, and investors. The Summit, organized by Dedalus Global, gathers innovators, investors, […]
Huawei Technologies has launched a position paper that states that ICT has the transformative power to boost sustainable socio-economic development. The Paper adds that governments have a vital role to play in forming a favourable environment for the dynamic and healthy development of the ICT industry. The Paper was launched during the ITU Telecom World […]