The 2024 UN OSAA flagship report addresses the urgent need to reform Africa’s debt structures and suggests how countries can get out of unsustainable debt ANALYSIS | AGENCIES | To achieve the Sustainable Development Goals (SDGs) and Agenda 2063 aspirations, Africa requires an additional $1.3 – 1.6 trillion in financing. According …
Read More »Absa rewards customers
Kampala, Uganda | THE INDEPENDENT | On Nov.11 Absa Bank Uganda handed over cash prizes totaling Shs100 million to winners from the ongoing card usage campaign dubbed “UGX 200 million can change your story”. The 10 winners used their Absa debit or credit cards for at least five transactions from September …
Read More »TotalEnergies revamps Rubia Engine Oils
Kampala, Uganda | THE INDEPENDENT |On Nov.13, TotalEnergies Marketing Uganda launched reformulated cutting-edge Rubia engine lubricant oils, aligning with Uganda’s revised US 249 Standard for engine oils. This upgrade ensures better engine protection and longevity, meeting the latest regulatory requirements by the Uganda National Bureau of Standards. With the introduction …
Read More »Science gifts us new HIV prevention tools
But it poses an inconvenient question: is it expanding choices for the people? ANALYSIS | SHOBHA SHUKLA | Any new HIV prevention method is not meant to sit on the shelf but to be used by the people who need it to protect themselves from HIV. We have to ensure that …
Read More »OBITUARY: Quincy Jones, renowned producer dies at 91
He left his indelible touch on some of the 20th century’s most iconic albums OBITUARY | JOSE VALENTINO RUIZ | On the sleeve notes of some of the most memorable and best-selling albums of all time, you’ll find the words “Produced and arranged by Quincy Jones.” It was a hallmark of …
Read More »Drug resistant malaria in Jinja children worries experts
Issue discussed at annual meeting of the American Society of Tropical Medicine and Hygiene ANALYSIS | THE INDEPENDENT & AGENCIES | A study conducted in Uganda has found evidence of partial resistance to Artemisinin; the primary treatment for malaria in young children with severe forms of the parasitic disease. The study, …
Read More »UDB champions green financing in Africa
Domestic banks, pension funds and financial institutions play a critical role in mitigating these climate-related risks and providing partners with the tools to invest with confidence ANALYSIS | THE INDEPENDENT | State-owned development financing institution, Uganda Development Bank on Nov.15 convened a high-level meeting with key stakeholders on the sidelines of …
Read More »Plastic-eating insect discovered in Kenya
They could play a role in natural waste reduction, especially for types of plastic that are resistant to conventional recycling methods ANALYSIS | FATHIYA KHAMIS | There’s been an exciting new discovery in the fight against plastic pollution: mealworm larvae that are capable of consuming polystyrene. They join the ranks of …
Read More »Broken promises
How a Museveni-endorsed Onion project turned into a Shs500 million scandal in Rukungiri Rukungiri, Uganda | JULIUS BUSINGE | In a heartbreaking twist, the residents of Rukungiri District have watched their dreams of a better life vanish, as an onion project endorsed by President Museveni turned into a devastating loss of …
Read More »Centenary Bank to invest $15 million in core IT system
Kampala, Uganda | THE INDEPENDENT | Centenary Bank Managing Director, Fabian Kasi, has emphasized the strategic importance of technology investment in maintaining the bank’s competitive edge, as the institution allocates $15 million to upgrade its core banking IT systems. Kasi, who shared his insights during the 62nd CEO Breakfast Meeting organized …
Read More »