ARTICLES 2008-2015

By Kayvan Farzaneh Growing interest in the oil sector has helped boost general confidence in Uganda’s wider economic prospects. The improved outlook rating could help Uganda access funds from international financial markets more cheaply. Last week, the international credit-ratings firm Fitch Ratings, for the first time, upgraded its opinion on …

By Patrick Kagenda MultiChoice Uganda General Manager Charles Hamya tells The Independent’s Patrick Kagenda why the Ugandan housing set-up and bench-marking the best internationally favours satellite against cable TV locally. How do you intend to use the fiber optic cable to ease access of your services to the Ugandans? The …

By Andrew M. Mwenda Last week, I was in Stanbic Bank to pay tuition fees for my niece, Cynthia. My sister Florence died when Cynthia was only seven. Now she is 19, pretty, vibrant, ambitious, intelligent and ready to take on the world and change it. Although she qualified for …

By Joseph Were New report reveals economic imbalance among Uganda’s tribes From a distance it looks like a giant quilt of different shades between brown and black spread on the side of the gradually slopping hill. Getting nearer, however, reveals tinny brown unbaked brick buildings, squashed next to each other …

By Joe Powell On Saturday evening at the Serena the UPC stalwarts turned out in their droves, resplendent in bright red ties, shirts and kitenges, often accessorised with Obote pin badges. Alongside the UPC supporters were prominent members of other opposition parties, including Prof. Latigo, Jack Sabiti, Ken Lukyamuzi, Akbar …

By Bob Roberts Katende Asubo Macorious, is a strong Uganda Peoples Congress supporter. He left his home area, Arua on Friday at 9:30pm destined for Kampala then to Entebbe Airport; to welcome a person, not personally know to him, but one he believes has the ability to bring the change …

By The Independent Team FITCH ratings have affirmed MTN Group Limited’s National Long-term ratings at AA, with Stable Outlook. The rating agency said the affirmation reflects strong subscriber growth in MTN’s markets that have relatively low mobile penetration. The Stable Outlook reflects Fitch’s view that MTN’s business profile remains well …

By Andrew M. Mwenda Colonialism is back; bold and unashamed. The West has decided to reclaim leadership in Africa. Only last week, I watched US Secretary of State, Mrs Hillary Clinton, give instructions to Kenyan politicians on how they should manage the affairs of Kenya. She demanded that the democratically …

By Joseph Were Stanbic Bank Uganda is learning the hard way that this is not a good time to attempt to raise funds on the equity market thanks to lingering after shocks of the global financial crisis. Its 7-year Shs 30 billion bond that was privately placed among institutions and …

By Mmegi Online Stanbic Bank Botswana’s Head of Corporate Banking, Jessica Gadimang, has been appointed the new Non-Bank Financial Institutions Sector Head for Stanbic Africa concentrating on franchises outside South Africa. The appointment is effective July 1. According to a statement, the move is in line with Stanbic Bank’s active …