economies
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News
Draft National Tax Policy in the offing
KAMPALA, August 9, 2024 – The Finance ministry is nearing completion of a new National Tax Policy, which is anticipated to become public in December. This policy will outline comprehensive guidelines for…
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News
WEF identifies top 10 emerging technologies to address global challenges
DALIAN, June 25, 2024 – The World Economic Forum [WEF] has published its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the world…
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News
Agreement to drive sustainable development through Islamic Finance signed
JEDDAH, June 6, 2024 – The Islamic Development Bank Institute [IsDBI] and the General Council for Islamic Banks and Financial Institutions [CIBAFI] signed a Grant Agreement to collaborate towards advancing Islamic finance…
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Cooperatives & Communities
CoopStar: Empowering research and the cooperative movement in Africa
NAIROBI, December 7, 2023 – The Cooperatives for a Sustainable Transformation in Africa [ CoopStar ] workshop held in Nairobi, Kenya, from December 3-6, 2023 has marked a crucial step forward in…
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International
Winners of 2023 CMC Awards announced
OTTAWA- Cooperatives and Mutuals Canada [CMC] has announced the winners of the annual CMC Awards for 2023. Each year, CMC honours individuals and organisations working in the Canadian cooperative and mutual sector…
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Africa
Deanne De Vries’ Africa: Open for Business wins the inaugural BCA African Business Book of the Year
LONDON – The Business Council of Africa [ BCA ] concluded its highly anticipated inaugural ceremony of the BCA African Business Book of the Year Awards, honouring exceptional contributions to business literature…
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International
Currency depreciations risk intensifying global food, energy crises
WASHINGTON-The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already…
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International
World Bank: Russian invasion of Ukraine impedes post-pandemic economic recovery in Europe and Central Asia
WASHINGTON-Russian invasion of Ukraine has dimmed prospects of a post-pandemic economic recovery for emerging and developing economies in the Europe and Central Asia region, says the World Bank’s Economic Update for the…
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International
UNWTO gets set to host first global youth tourism summit
SPAIN– The first United Nations World Tourism Organisation [UNWTO] Global Youth Tourism Summit will bring more than 130 young people from 60 countries to Sorrento, Italy, next week, giving them a unique…
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News
BoU raises CBR to 7.5 percent in June
KAMPALA– The current global inflationary pressures have forced the Bank of Uganda [BoU] to raise the Central Bank Rate [ CBR ] by 1 percentage point to 7.5 percent, from 6.5 percent…
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