Business News

Business News

Five Firms Bid to Complete Saglemi Housing Project

The Ministry of Works and Housing has announced a significant milestone in the Saglemi Affordable Housing Project, with five private entities submitting bids to partner with the government to complete the 1,506 housing units. This development follows an initial expression of interest from 10 organizations, demonstrating the private sector’s enthusiasm for the project. […]

Business News

New Normal: Higher Commodity Prices Amid Slower Global Growth

Photo credit:Arne Hoel/World Bank The global economy has entered a new era where commodity prices remain high despite slower economic growth. This trend is driven by four key factors: constrained global oil supply, resilient demand from China, climate change-driven metals demand and agricultural supply disruptions, and intensified geopolitical tensions. Despite […]

Business News

Aid for Trade: Sustaining Development Momentum in Uncertain Times

Photo : Credit GreenOak’s Images In the face of rising geopolitical tensions, rapid digitalization, and climate change, the global trade landscape is undergoing a significant transformation. While this shift poses risks for developing countries, it also presents opportunities. To sustain the benefits of international trade and investment, which have lifted […]