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ARTICLES 2008-2015

Dollar to hit Shs 2,500, analysts say

By Patrick Kagenda BoU says it has no means of forecasting value of currency A top Bank of Uganda official last week confirmed the continuing depreciation of the shilling. Mary Katalikawe, the director for research at the central bank spoke as the world’s leading financial market analysts predicted that the …

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In Uganda we have both dictatorship and inefficiency

By Margaret Wakuri Madanda Colin Barigye’s piece ‘œFreedom Vs efficiency’ that appeared in The Independent (Issue 058) made interesting reading. Barigye takes on Andrew Mwenda’s seeming inconsistencies. He cites examples that when President Kagame, for instance, punishes corrupt officers, Mwenda praises him yet when President Museveni does the same, Mwenda …

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MTN ceding ground, Warid biggest gainer

By Independent Team & Agencies New study predicts mobile penetration hits 40% A new report from Pyramid Research indicates that mobile penetration in Uganda is expected to increase from 39 percent in 2009 to about 70 percent by 2014. This jump will be driven by the successful liberalization of the …

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Mini oil refinery to go ahead“ D’Ujanga

By Agencies Uganda plans to go-ahead with the construction of a mini-refinery for its two billion barrels of crude reserves after previously ruling the idea out, the state energy minister said. Investor interest is heating up for Uganda’s oil discoveries since explorers Tullow Oil and Heritage Oil discovered hydrocarbons in …

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New insurance scheme enters Uganda market

By Patrick Kagenda A new insurance company offering rare insurance services has entered the Uganda market. Africa Trade Insurance (ATI) is a multilateral political and credit risk insurer that recently opened shop in Uganda. But its major challenge is to sell itself to the local insurance firms as most of …

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Dictatorships don’t serve the people; they give privileges to their cronies

By Andrew M. Mwenda Dear Colin, I read your letter regarding my views on the President of Rwanda, Paul Kagame, with interest and disappointment. Although you raise some legitimate issues, I was disappointed by its innuendoes and insinuations where you accuse me of being “journalist of fortune” and of ‘selling …

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