By Isaac Mufumba Time check: 10:30 a.m., a lean looking man of average height, clad in a white short sleeved shirt and a sky blue necktie enters one of the committee rooms of Uganda’s parliament. This is the Chairman of the Public Accounts Committee (PAC), Nathan Nandala Mafabi. He takes …

By Dicta Asiimwe Who takes care of the roaming lonely orphans? He is wearing threadbare rugs. Thats all he owns for clothes. Kutosi is the only name that identifies the 13-year-old boy whose parents and five siblings died in the Bududa mudslides. In the African setting, orphans without both parents …

By Patrick Kagenda Last year was a year of excellent results at Crane Bank. The bank achieved its highest profit levels since its inception in 1995. “Not only did the bank receive the Banker award of the year for the Sixth time in 7 years and 5 times in a …

By Agencies India’s largest telco Bharti Airtel has tied up US$ 8.3 billion from a clutch of foreign banks and State Bank of India to fund the acquisition of Zain telecom’s African assets. “Bharti Airtel is pleased to announce that the entire financing requirement of $ 8.3 billion for the …

By The Independent Team South Africa and East Africa segment posts 6% loss MTN Group last week announced an increase in revenue and subscribers for the year ended 31 December 2009, they however admitted a negative impact due to the economic crisis, the introduction of new regulations such as SIM …

By Duncan McLeod `It’s hard moving on’ It’s difficult to let go.” Phuthuma Nhleko, MTN’s group president and CEO, sounds almost rueful when I ask him why he’s decided to hang up his hat at the mobile operator. “You do a lot of soul searching,” he tells me in an …

By Isaac Mufumba On the night of February 28, 2010 Foreign Affairs Minister Sam Kuteesa appeared on NTV to defend his credentials as ‘a good and highly disciplined cadre’ of the NRM. The following evening, NRM Secretary General and Minister of Security Amama Mbabazi to was in the media dismissing …

By Séverine Koen Following French footprints Its hard to believe Enora Nedelec and Guillaume Combot have been walking for over a year. Smiling, energetic and fresh-faced, one cannot readily fathom that they have been living all this time without the comforts of a home and have more than 4,000 km …

By Jocelyn Edwards On September 10th last year, police stormed the transmission room of the Baganda kingdoms Central Broadcasting Services (CBS) and carried away a link to the transmitter. The station suddenly went off the air.  Its licence had been revoked by the Broadcasting Council for allegedly stirring up tribal …

By Joan Akello Dollar appreciation to blame Fuel pump prices again edged up slightly last week at most stations in Kampala sparking fears of price volatility. The price of petrol rose by Shs 80 per litre over last week from Shs 2,520 to 2,600 at most stations. The petrol price …