Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court has granted bail to the Minister in charge of Karamoja Affairs Mary Gorreti Kitutu. Kitutu was granted cash bail of 10 Million Shillings after resubmitting fresh sureties after the previous ones were rejected by Chief Magistrate Joan Aciro. Kitutu’s lawyers Michael Wamasebu, …
Read More »Confronting digital disruption
How African businesses can capitalise on transformational functions in a brave new world COMMENT | Vincent Maher | Africa faces a reckoning when it comes to its relationship with digital technology. Challenges related to infrastructure rollout and the high cost of data mean it’s difficult for enterprises and institutions to adopt new …
Read More »4th Edition of Students’ Art Exhibition at Tadooba Gallery
The art on showcase speaks on how the young artists have been mentored to embrace studio competence and innovation in order to be innovative artists and individuals. P Kampala, Uganda | THE INDEPENDENT | The seasoned students’ art exhibition at Tadooba gallery as usual came with many expectations from both the …
Read More »Putting pen to Nigeria’s polls
How Africa’s media covered Nigeria recent general elections and why it matters for the next coverage COMMENT | Azubuike Ishiekwene | Between February and March 2023, Nigerians went to the polls to elect a new President and parliament. This was the seventh national vote since Nigeria’s transition from military rule in 1999. …
Read More »World Health Organisation at 75
Science, Solutions and Solidarity ensure the United Nations health agency remains central to protecting future health COMMENT | Tedros Adhanom Ghebreyesus | Turning history’s page on its deadliest conflict, countries came together in 1948 to heal a bloodied world. After years of war, distrust and pain, nations across the globe forged a …
Read More »Fake medicines are dangerous
Three ways to spot them Kampala, Uganda | David R. Katerere | At the end of a long day, you realise you’re starting to get a headache. So you buy painkillers from the street vendor, and take two. But how do you know what those pills really are? The vendor isn’t …
Read More »The world is hooked on junk food
How big companies pull it off Kampala, Uganda | Agnes Erzse | It is almost impossible nowadays to listen to the radio, watch TV or scroll through social media without being exposed to an advertisement telling us that all we need for a little happiness and love is a sugary drink or …
Read More »Bank of Uganda: Oil will attract FDI in excess of $15bn in the medium term
Kampala, Uganda | THE INDEPENDENT | In an exclusive interview with the African Business, the Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, talks about how the bank is dealing with inflation and the opportunities presented by oil and gas projects in the country How would you describe the current …
Read More »2023 Africa Wealth Report
It reveals ‘Big 5’ account for 56% of the continent’s millionaires Kampala, Uganda | AGENCIES | The total investable wealth currently held on the African continent amounts to USD 2.4 trillion and its millionaire population is expected to rise by 42% over the next 10 years, according to the latest 2023 …
Read More »dfcu bank’s net profit more than doubles to Shs 30.6bn
Kampala, Uganda | THE INDEPENDENT | dfcu bank’s profit after tax has more than doubled to Shs 30.6bn for 2022 owing to a sharp drop in operating expenses. The lender’s impairment losses on financial instruments fell from Shs 148bn in 2021 to Shs 88bn as interest payment on deposits dropped from …
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