By The Independent Reporter FRANCE French President Nicolas Sarkozy, holder of the European Union’s rotating presidency, and British Prime Minister Gordon Brown are pushing for reforms to the world’s financial architecture and leading on European measures to stabilize banks and restore confidence to markets. But France’s foreign minister, Bernard Kouchner, …
Read More »Cross-listed KCB banks on electronic trading
By Patrick Kagenda At the dot of its tenth anniversary, Uganda Securities Exchange listed its tenth company. KCB was cross listed at 11:00a.m on Nov 11 amid excitement from stock brokers and equity managers. “The cross listing means Ugandans can now have access to the KCB counter and it adds …
Read More »Can Credit Bureau lower the cost of borrowing?
By Patrick Kagenda Economic decisions driven by right motives can flounder if implemented at the wrong time. That is what some pundits fear could befall Uganda’s first Credit Reference Bureau (CRB) that comes into operation on December 3 with the hope of lowering lending costs and risk and pushing interest …
Read More »One-man demos to silent protests
By Agnes Asiimwe How do you express objection? Mr Joseph Mbogo, 45, spent his morning last Tuesday standing, in protest, outside Parliament in a one-man demonstration, but positioned well enough to be seen by those going in or leaving the Parliamentary Building. The former NRA bush war veteran hasnt had …
Read More »Museveni hates local business
By Andrew M. Mwenda I argued last week that there is a small but very vocal group of Ugandans who have taken their legitimate anger against the regime of Yoweri Museveni into a condemnation of the Ugandan society generally. This trend is beneficial to Museveni and company because a cynical …
Read More »Rwanda vs France: Who’s hiding role in genocide?
By Andrew M. Mwenda In February 2007, I was invited by the Institute for African Development at Cornell University in the United States to give a lecture. My presentation was on’The in-humanitarian consequences of humanitarian intervention; a case study of the UN humanitarian intervention in Rwanda in 1994.’ The lecture …
Read More »Speaker Ssekandi
By Melina Platas Traitor or a survivor? Many believe that Ssekandi will not be remembered for his objectivity, as Nsibambi suggests, but rather as the Speaker who made the most controversial decisions. Get me the Speaker,’ Prime Minister Apolo Nsibambi demands, and then hangs up the phone. A few …
Read More »AYA: I have a shared vision with Museveni
By The Independent Reporter Following The Independents story: AYA Hilton on sale, Museveni fights to save it (Issue 34 p18-19) President Yoweri Museveni came out to defend the construction project. In an interview with The Independent, AYA Executive Chairman Mohammed Hamid explains the controversy surrounding the project and Mr Museveni’s …
Read More »Poor infrastructure frustrates real estate development
By Patrick Kagenda Lack of access roads, water and sewerage and electricity networks lead to a doubling of the cost of building and owning of a home or real estate development as it’s popularly known in Uganda. Housing experts say if government could put in place infrastructure, turn key houses …
Read More »Can Uganda successfully industrialise?
By Juma A. Okuku After attaining independence in 1962, Uganda embarked on a process of industrialisation that would be disrupted by political turmoil in the intervening years. In the last 20 years though, President Museveni has talked about the need for Uganda to industrialise so as to be able to …
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