By Patrick Kagenda The PTA bank last week raised Shs 8.5 Bn in the first tranche of its Shs 40Bn bond issued on the Ugandan market. Dr. Michael Gondwe, the PTA bank president explains its strategy. How do you rate the performance of your bond? The bond took quite a …
Read More »Soon you may go to prison for modifying women’s body parts
By Rukia Makuma On November 3, 2009, government announced a plan that will criminalise Female Genital Mutilation (FGM), a cultural practice among the Sabiny of Kapchorwa and Bukwo districts, and a few communities in Moroto and Nakapiripirit districts. FGM involves partial or total removal of a womans external genitalia without …
Read More »Govt stuck over big salary gaps
By Mubatsi Asinja Habati & Joshua Masinde Some receptionists earn higher salary than govt doctors When Shs 900 million was stolen from under the bed of now interdicted National Forestry Authority (NFA) executive director Damian Akankwasa, the question was how he could have earned such big money when he is …
Read More »A decent proposal?
By Jocelyn Edwards Will the Marriage and Divorce Bill finally give women hope? Sitting in a legal aid clinic on Mawanda Road in Kamwokya, a Kampala City suburb, 25-year-old Harriet pulls out a handkerchief to wipe her tears as she relates how the man she considers her husband threw her …
Read More »Bahati: Don’t usurp God’s power
By Andrew M. Mwenda Member of Parliament for Ndorwa East David Bahati wants homosexuals imprisoned for life or hanged. I am deeply conscious of the fact that the vast majority of Ugandans support him. But debate on homosexuality is being conducted largely out of ignorance and prejudice. For example, a …
Read More »Satchet alcohol ban causes Shs 20 billion loss in taxes
By Patrick Kagenda Two months after the ministry of Health recommended a ban on production, sell, and consumption of alcohol packed in sachets allegedly because it had killed 18 people, the measure remains controversial in parliament, Cabinet, and the public. The Independent’s Patrick Kagenda talked to the Uganda National Bureau …
Read More »Juba: Building market not way out for Uganda
By Amon B. Mbekiza Parliament is in a tag-of war with the Foreign Affairs Ministry over Shs 17 billion the ministry needs to build a market for Uganda traders in Juba, Southern Sudan. Whatever reasons parliament has, this money should not be passed. For starters, this is the wrong ministry …
Read More »Shilling could end year at 1,700 to the dollar
By Patrick Kagenda Buoyed by returning off-shore investors especially in the oil sector, increased remittances from Ugandans working abroad, and inflows from exports, the shilling has appreciated 25% against the dollar over a six months ending October 31. Globally the dollar has seen some depreciation lately, against other currencies. It …
Read More »Dilemma and relief of Uganda’s heart patients
By Mubatsi Asinja Habati At the age of 11, Nina Nahabwe underwent open heart surgery in the USA in 2003. Her parents could not have afforded the cost without the help of Kampala Rotary Club and Gift of Life International, a humanitarian body allied to overseas rotary groups that help …
Read More »Anti-gay bill opens a Pandora’s Box
By Ariel Rubin While section 140 of the colonial-era Penal Code Act already criminalises “carnal knowledge against the order of nature”, this new legislation will attempt to give teeth to that dictum Being gay in Uganda has never been easy, but a new draft bill tabled in Parliament on October …
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