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  • Raghuram Rajan warns US HIRE Act could crush India’s exports
    Business

    Raghuram Rajan warns US HIRE Act could crush India’s exports

    02/11/2025

    Former Reserve Bank of India chief Raghuram Rajan warned that proposed American legislation targeting outsourced services poses greater risks to Indian exports than recent H-1B visa fee increases. The economist told DeKoder that the HIRE Act, under congressional consideration, could impose lasting damage if tariffs expand beyond physical goods into the services sector, where India…

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  • Farmers wait anxiously as PM Kisan 21st installment looms
    Business

    Farmers wait anxiously as PM Kisan 21st installment looms

    02/11/2025

    Farmers enrolled in the Pradhan Mantri Kisan Samman Nidhi program may receive their 21st payment of 2,000 rupees during the opening days of November, according to recent media accounts. The central government has not yet issued formal confirmation about the transfer date, though previous rounds of funding typically arrived within expected windows. Beneficiaries must finish…

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  • Lenskart IPO slides as gray market fears mount
    Business

    Lenskart IPO slides as gray market fears mount

    02/11/2025

    Lenskart Solutions has seen its gray market premium drop as the eyewear retailer’s initial public offering continues, raising concerns about potential listing performance similar to the lackluster debut experienced by Tata Capital last month. The premium fell to 85 rupees per share by Friday evening, down 10 rupees from October 31 and well below the…

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  • HR leaders call for stronger ties to tackle youth jobs crisis
    Business

    HR leaders call for stronger ties to tackle youth jobs crisis

    02/11/2025

    Leaders from Uganda’s nonprofit sector gathered on Friday at Royal Suites Bugoloobi to discuss strategies for reducing joblessness among young people and creating better workplace conditions. BrighterMonday Uganda organized the NGO HR Summit 2025 with support from Mastercard Foundation’s Young Africa Works program under the banner From Uncertainty to Opportunity. Pamela Kabahesi, who leads country…

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  • Premier Distilleries wraps up Bikole Masavu with big wins
    Business

    Premier Distilleries wraps up Bikole Masavu with big wins

    02/11/2025

    Premier Distilleries Limited wrapped up its Bikole Masavu promotional event at the company headquarters in Kagoma after three months of festivities marking a quarter-century serving Ugandan customers. More than one million people entered the contest while roughly 350,000 participants claimed prizes such as mobile airtime, motorcycles, televisions, and cash rewards reaching 50 million shillings for…

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  • Anne Aliker named head of Africa regions at Standard Bank
    Business

    Anne Aliker named head of Africa regions at Standard Bank

    02/11/2025

    Standard Bank Group has elevated Anne Aliker to lead corporate and investment banking operations spanning 20 African nations, making the Ugandan executive one of the continent’s most powerful financial figures. The Johannesburg-based institution, which holds more than $170 billion in total assets, announced its promotion on Thursday, October 30. Aliker spent more than 20 years…

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  • Uganda’s social protection system struggles to recover
    Business

    Uganda’s social protection system struggles to recover

    02/11/2025

    Uganda’s safety net programs proved inadequate during the coronavirus outbreak as millions of residents faced economic hardship without sufficient government support, experts said at a policy conference held at Serena Hotel in Kampala. The National Social Protection Dialogue 2025 examined how better targeting and outreach could protect vulnerable populations from falling into extreme poverty when…

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  • Ghana’s shift from sovereignty to global power
    Business

    Ghana’s shift from sovereignty to global power

    02/11/2025

    Global influence has shifted from territorial control to networks spanning trade routes, digital infrastructure and financial systems that connect governments, corporations and citizens across borders. Maxwell Investments Group executive Joshua Kyeremeh argues that modern power flows through fiber optic cables and data centers rather than military force, transforming sovereignty from ownership into collaborative stewardship. Ghana’s…

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  • MTN Ghana blasts road contractors for destroying fibre cables
    Business

    MTN Ghana blasts road contractors for destroying fibre cables

    02/11/2025

    MTN Ghana spends roughly 20 million cedis each year relocating fiber optic lines and millions more replacing cables severed by road construction crews, creating communication blackouts that threaten public safety and commerce. Magnus Coffie, who manages network operations, warned that contractors routinely damage infrastructure despite warnings from the telecommunications provider. The company plans to petition…

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  • Ghana revokes mining law but galamsey fight far from over
    Business

    Ghana revokes mining law but galamsey fight far from over

    02/11/2025

    Ghana withdrew regulations that allowed mining operations inside protected woodland areas, earning praise from environmental advocate Awula Serwah while she warned that illegal extraction activities remain widespread. Parliament received the cancellation document on Friday, Oct. 31, 2025, eliminating both L.I. 2501 and L.I. 2462 after critics said the rules permitted damaging excavation work within ecologically…

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