Elections are over with, what Now?
On November 3rd 2020 the United states held presidential elections. However turned controversial as the In-sitting President Donald trump refused to concede defeat therefore demanding vote re-count and unfortunately he was finally defeated.
In the same light, The Republic of Uganda held held presidential and MPs (Members of Parliament) elections on 14th January 2021. President Yoweri Museveni emerged as the winner despite protests and riots in different parts of the country.
Today; the world acknowledges President-Elect Joe Biden and Yoweri museveni as the In-Coming Presidents for their respective countries. Both have started executing on their duties.
Two different Economies, different factors at play, different approaches but same desired results “welbeing and prosperity of the natives “wanainchi”
Biden Wants a $15 Minimum Wage. Here’s What People Say It Would Do to the Economy.
President Biden says his proposal to raise the federal minimum wage to $15 an hour will lift many low-wage workers out of poverty, but some businesses and economists warn it could cost jobs as the U.S. recovers from pandemic layoffs.
Mr. Biden endorses a plan to more than double the wage in steps over four years, noting that at $15 an hour, a job could support a family of four and it wouldn’t live in poverty. The president’s advisers also say raising the wage from $7.25 an hour, where it has stood since 2009, would show gratitude to essential workers at grocery stores and warehouses who stayed on the job during the coronavirus pandemic and would boost the economy by allowing low-wage workers to spend more.
Some large national employers have done well during the pandemic, Bharat Ramamurti, deputy director of Mr. Biden’s National Economic Council, said in an interview. “The compensation for their employees hasn’t necessarily reflected that. Raising the minimum wage is one way of giving workers a more fair slice of the revenues that they help generate.”
Several states, including California, Florida and Massachusetts are already on a path to reach a $15 minimum wage in coming years, but Mr. Ramamurti said the floor should apply to areas with a lower cost of living. A federal minimum-wage increase requires congressional approval.
“No matter where you work in America, if you work full time or 40 hours a week, you should not live in poverty,” he said. “A $15 minimum wage accomplishes that.”
Museveni Ordered Restrictions on the DGF business flow.
The Democratic Governance Facility (DGF) was initially established in July 2011 by eight Development Partners (DPs): Austria, Denmark, Ireland, the Netherlands, Norway, Sweden, the United Kingdom and the European Union, as a five-year governance program aimed at providing harmonized, coherent and well-coordinated support to state and non-state entities to strengthen democratization, protect human rights, improve access to justice and enhance accountability in Uganda.
The Program goal was to contribute to equitable growth, poverty eradication, rule of law and long term stability in Uganda. This program marked the first phase of DGF that ended in June 2016. A transitional period of 18 months, supported by the same DPs, was implemented from July 2016 to December 2017.
Purpose for the restrictions remain unclear and the move has been criticized in the media.
Quoted From NBS TV facebook Page .
Many civil society organizations are heading for a financial intensive care unit after president ordered for a halt of democratic Governance facility, the biggest funder of the accountability sector.As reported
The move will also see many state actors funded by the entity in limbo and over 10,000 jobs lost if the DGF funded entities are grounded.
RELATED: UGANDA FURIOUS