Regulatory environment around waste management in Kampala City The presidency made a directive in May 2023 through an executive order that requires all urban authorities to ensure that there is a garbage skip every 200 meters. The order is expected to be enforced in six months. However, feedback from various municipal and city authorities mentioned...
The global economy started cooling off in 2022 and it is expected that we might end up in a recession in 2023. However, there is nothing new about recessions and the cyclical manner in which the world economy operates over the years. What we are currently experiencing has been experienced before and governments, businesses and...
It is estimated that Kenya generates between 3,000 to 4,000 tons of waste per day, majority of which originates from urban areas. According to World Bank, the country’s capital, Nairobi generates between 2,000 to 2,500 tons of waste day. The portion is significant to the total waste generated in the country as a result of...
Despite the successes that were seen in the Tokyo round, it had challenges that clearly highlighted the in-ability of the GATT system to liberalize trade. These shortcomings were a clearer indication that a body with a wider mandate than that of the GATT, and with stronger enforceable rules was needed. It left vague forms on...
Greenhouse gas (GHG) emissions pose several potential economic and environmental risks to property, human health, agricultural productivity, and the ecosystem. Carbon pricing transfers the cost of the damage caused by GHG emissions back to those responsible. Instead of dictating who should reduce emissions where and how, a carbon price sends an economic signal to emitters,...
Kenya actively participates in international trade to expand its market and have access to products that it lacks domestically. In 2021, the country’s total export was estimated at USD 6.739 billion with horticulture and tea among its leading export items valued at approximately USD 1.4 billion and USD 1.1billion, respectively. In that same year goods...
For countries to arrive at a consensus on trade agreements they have to sit down at the bilateral or multilateral level first. Initially, rounds of trade negotiations that were done under General Agreement on Tariffs and Trade (GATT) involved the member countries exchanging a list of requests and offers on products that were of interest...
Africa’s infrastructure development remains severely deficient, with an estimated need for infrastructure investment of more than USD 100 billion. Like the region’s internet development since the early 2000s, the rest of the sectors particularly transportation infrastructure; must be well established to reap the enormous benefits of connectivity. A good internet connectivity ensures faster and more...
According to the World Bank there were fifty regional trade agreements in force by 1990; with recent data from the World Trade Organization (WTO) putting the number of regional trade agreements in force at 354 as at March 2022. One such major trade agreement signed recently is The Africa Free Trade Agreement (AfCFTA). This continental...
To combat climate change, trillions of dollars in climate investment must be leveraged; as well as climate change transparency and accountability in order to monitor and evaluate the effectiveness of climate finance. Transparency and accountability are pivotal due to the fundamental imbalance of power within and across nations. Improvement of both values is required to empower...
Economic circularity seeks to transform the current linear model of production and consumption by focusing on three main principles: reducing consumption of finite material resources, recovering materials from waste through recycling, and extending product life through reuse. It examines the transition from a linear to a circular economy, which provides a value chain approach to...
Competition policies help facilitate trade and economic development through protection of consumers and businesses. They lay a foundation for fair play and take into consideration the health, price and quality concerns that consumers have. Additionally, these regulations set the guidance on how intellectual property rights will be respected and enforced. Over the recent years more...
Medium Term Debt Management Strategy (MTDS) has been designed as a public finance management tool to facilitate decision making based on the evaluation and management of public debt related risks and fiscal deficit financing through a cost-risk analytical framework. To that extent, the MTDS is required to provide the following information: The total of debt...
Economic expansion in any region is always preceded by an increase in market activity in terms of both private consumption and product output. Economic development and a rise in movement of goods and people have a direct link that leads to an increase in demand for expanded transportation infrastructure. Gradually Africa is transitioning from the colonial...
Intellectual property (IP) are creations of the mind such as inventions, designs or symbols that give the owners the ability to earn financially from their creations; as well as to protect these creations from exploitation. These intangible assets can be owned by a company or an individual and are enforceable by law. The systems that...
Dampened by the negative impacts of Covid-19, the Kenyan economy experienced a 3% contraction in 2020, from an annual growth of 5.8% in 2019. However, in 2021, the economy rebounded and recorded a growth of 2%, 11.9% and 9.9% in the first, second and third quarters in 2021; with the fourth quarter estimated to grow...
Overview of DRC According to the World Bank, the DRC is the largest country in Sub-Saharan Africa (SSA) with a population of about 90 million people and is the second largest country by landmass in the continent. DRC is well endowed with natural resources among them minerals such as copper and cobalt, vast arable land,...