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The Independent

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 …

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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 …

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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 …

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Africa is richer than you think

African finance experts at COP29 want that wealth measured in new ways ANALYSIS | THE INDEPENDENT | Akinwumi Adesina, the president of the African Development Bank (AfDB) has stirred up new thinking around financing for the continent at the COP29 by insisting on a revaluation of its green wealth. Adesina on …

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Traditional healing of mental illness

Colonial powers tried to stifle it and failed and today it’s a powerful force  ANALYSIS | MAJA JAKARASI | In Zimbabwe’s Shona language, mental illness is known as chirwere chepfungwa or kupenga. Before British colonial settlers arrived in 1890, traditional healers (n’anga) played an important role in helping people to manage …

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New online tool to combat money laundering in Uganda

Kampala, Uganda | JULIUS BUSINGE | Africa Risk Management and Compliance Partners (ARMC) has unveiled the E-Learning Hub Tool, an innovative platform designed to enhance training on combating money laundering, terrorism financing, and proliferation financing. The tool, launched during a workshop in Kampala on November 15, allows organizations to deliver flexible, …

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The end of US democracy was all too predictable

Philosophers have understood how demagogues come to power in free and fair elections, only to overthrow democracy and establish tyrannical rule COMMENT | JASON STANLEY | Like others, since late Tuesday night (November 5), my phone has been blaring with text messages asking how this could have happened (as some of …

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QCIL records over 500% profit growth to Shs 22bn

The company has declared an interim dividend of Shs 3.5 per share, payable on or before December 12 Kampala, Uganda | THE INDEPENDENT | Kampala-based pharmaceutical firm, Quality Chemical Industries Ltd. (QCIL), has posted an impressive Profit After Tax of Shs 22.05 billion for the half-year period ending September 30, marking …

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