International Monetary Fund

Uganda, Kenya hold talks on oil and gas sharing

Uganda, Kenya hold talks on oil and gas sharing

Uganda National Oil Company has held talks with Kenya National Oil Company and Kenya Pipeline Company on how the two countries can benefit from oil and gas discoveries. In the talk session hosted by the National Oil Corporation of Kenya (NOC) , the companies shared experiences and ways of maximizing the benefits that come with […]

Zimbabwe’s economic situation very alarming – IMF

Zimbabwe’s economic situation very alarming – IMF

Zimbabwe must act quickly to dig its economy out of a hole and access international financial aid, the International Monetary Fund has warned. Government spending and foreign debt are too high and it needs structural reform, Zimbabwe mission chief Gene Leon said.The once-thriving economy is now seen as a regional basket case. “The economic situation […]

Mixed reactions on bailout from analysts on the Capital Gang Show

Mixed reactions on bailout from analysts on the Capital Gang Show

During the Capital Gang on 91.3 Capital FM Radio of July 30, 2016, the hot topic of debate was is bailout! Many opinions on this is divided-some say it’s wrong to bailout irresponsible tycoons when no one else has been assisted in the past apart from Basajjabalaba. However, bailouts have happened before like in the […]