ARTICLES 2008-2015

By Patrick Kagenda As world central banks of the rich economies bail out their ailing financial institutions, experts predict that poor economies like Africa could take the bigger punch. Seeking to forge a common understanding and response for Africa, the Standard Bank Group organised a conference on the global financial …

By Onghwens Kisangala Two Non Governmental Organizations (NGOs), Anti Corruption Coalition Uganda (ACCU) and Platform for Labour Action (PLA) have teamed up to sue the NSSF over the purchase of land in Temangalo. Onghwens Kisangala caught up with the National Coordinator of ACCU Mr. Jasper Tumuhimbise. Why are you going …

By Agnes Asiimwe Workers’ Fund to finance new 20 storeys building in Nakasero This NSSF – Temangalo land purchase scandal could spoil the fortunes of some, especially those who were a heartbeat away from getting their hands on their own chunk of the workers’ fund, like the Uganda National Farmers’ …

By Andrew M. Mwenda The financial meltdown in Europe and North America has continued in spite of the large sums of money governments have pumped into the financial markets to prop them up. On October 10th, both the Dow Jones Index in New York and the FTSE in London fell …

By Onghwens Kisangala Uganda is at the centre of a cultural twist; sodomy could be on the increase. With some people in society lukewarm to condemn it and others clandestinely engaged, a few men have come out openly to speak against it. Among them is Pastor Moses Solomon Male of …

By Patrick Kagenda & Agencies American companies remain bullish As the American economy struggles to recover from the credit crunch and European economies jostle with rescuing their financial institutions, subsidiary of American companies operating in Uganda are maintaining an upbeat facade, claiming they are not affected by the American economic …

By The Independent Team The following is an edited and expanded version of an interview with George Soros, Chairman, Soros Fund Management, by Judy Woodruff on Bloomberg TV. Judy Woodruff: You write in your new book, The New Paradigm for Financial Markets, that we are in the midst of a …

By Patrick Kagenda Kenya Commercial Bank Executive Director Mr Nok Bwondit speaks to The Independent’s Patrick Kagenda about how it intends to use its 110-year experience in the region’s banking sector to out-compete local players and other new entrants from West Africa and the Middle Eastern countries. Why did it …

By The Independent Team When Parliament’s committee on Commissions, Statutory Bodies and State Enterprises winds up its public hearings of the Mbabazi-NSSF Temangalo land purchase scandal, it will be expected to produce a report in three weeks. This will cap nearly two months of public debate and political acrimony that …

By Independent Team He appointed friends to board Temangalo money Used to pay loan The parliamentary investigation into the National Social Security Fund (NSSF) purchase of land belonging to Security Minister Amama Mbabazi continues to raise dust. Now, sources within the Parliamentary Committee on Commissions and Statutory Bodies say the …