Digital migration – taking Supply Chain Management (SCM) to the cloud – helps enterprises achieve end-to-end visibility of their supply chain. For many enterprises, their siloed, traditional Supply Chain Management (SCM) systems are proving to be their Achilles’ heel when trying to operate in unprecedented circumstances, preventing business continuity and resilience. Consider this in the context of Ash Noah’s five…
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Khartoum, Sudan | AFP | Sudan on Tuesday rejected an Ethiopian proposal to sign an initial agreement greenlighting the filling of a controversial mega-dam it is building. “I cannot accept the signing of a draft agreement to the first phase (filling the dam) because it poses legal and technical problems that must be addressed,” Sudanese Prime Minister Abdalla Hamdok said…
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I don’t know how many of you take time to analyse our national budgets but I do. Last week, our parliament passed a 45.5 Trillion budget for the year 2020/2021. I think as a country we need to take money management/growth as a serious part of our lives. We need to make sure our children learn about budgeting at a…
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As many of you on this platform know, I have been at the forefront, for several weeks, in asking for Debt Relief and Economic Impact Stimulus, on behalf of the African continent. In making these appeals, those of us who have called for these measures have used as our benchmarking, those measures that have been taken in the US, Europe,…
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World Bank has warned African countries against copying the Western policies in combating COVID-19 and has thus applauded Tanzania for employing unique approaches. This call was in latest the Africas Purse report titled as Assessing the Economic Impact of COVID-19 and Policy Responses in Sub-Saharan Africa that was released today. The report commended Tanzania as one of the best examples…
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The World Bank and International Monetary Fund have called for the suspension of debt repayments for poorer countries as many of them turn to focus on battling the Coronavirus (COVID -19). In a joint statement on Wednesday night, the two multi-lateral lenders said the Coronavirus outbreak is likely to have severe economic and social consequences for the International Development Association…
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Ugandan officials could have stashed away a whopping USD 73M (UGX267B) of the aid money from the World Bank between 1990 and 2009, a new research paper suggests. The controversial paper written by researchers from the Norwegian Business School, University of Copenhagen, and The World Bank observed that every time the institution released money to aid-dependent countries like Uganda, “there…
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Uganda’s public debt has grown to Uganda shillings 46 trillion (USD12.5bn) as at the end of June 2019 up from Shs 39 trillion (USD10.7bn) in June 2018, according to the latest Ministry of Finance report. This raises the share public debt from 34.8% of GDP in 2017/18 to 36.1% of GDP in 2018/19. Most of the debt is externally sourced,…
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