By Obiageli Katryn Ezekwesili Less than a year ago, there was a sense of optimism in many African countries. Growth rates in Sub-Saharan Africa were comparable to Asia, hovering around 6 percent, a result of high commodity prices, a favorable global environment — and also of improved economic management, investment …

By Independent Team & Agencies Equity Bank survived being locked out of the Nairobi stock Exchange after two regulators battled over an attempt to suspend its custodial license for two weeks over alleged breach of regulations. Equity’s suspension resulted from the bank failing to pay the Central Depository Settlement Corporation …

The Independent Team Justice John Bosco Katutsi, head of the new Anti-corruption Court, on April 8 delivered what the public described as a landmark judgement in the fight against graft when he convicted former director of economic monitoring in Presidents Office, Teddy Seezi Cheeye, for embezzlement and forgery. Cheeye was …

By Independent Team Revenue police disbanded in 2006, no accountability ever given, impounded goods not explained Inspector General of Police (IGP) Maj. Gen. Kale Kayihura is in trouble over failure to account for at least Shs 15 billion while he was commander of the Special Revenue Protection Services (SRPS) between …

By P. Matsiko wa Mucoori and Rosebell Kagumire On April 8, Justice John Bosco Katutsi, who heads of the Anti-corruption Court, delivered a landmark judgement in the fight against corruption. He shared his experiences as a judicial officer from president Idi Amins era to the present day – under President …

By Richard Oundo Fifteen years after the genocide, Rwanda is shedding the old coat of political and economic turmoil and replacing it with a bustle of projects aimed at transforming the country into an East African economic giant. As part of that drive, on April 6, the first Presidential Advisory …

By Richard Oundo Fifteen years after the genocide, Rwanda is shedding the old coat of political and economic turmoil and replacing it with a bustle of projects aimed at transforming the country into an East African economic giant. As part of that drive, on April 6, the first Presidential Advisory …

By Patrick Kagenda Crane Bank registered tremendous growth in its asset base on top of growing its lending portfolio. The Independent’s Patrick Kagenda talked to the bank’s managing director A.R.Kalan. Crane Bank made Shs 25.88 billion in profits in 2008 even as the global financial meltdown hit most businesses. Your …

By Patrick Kagenda Small import/export clearing firms form the backbone of local clearing and forwarding business in most countries. So to survive in the competitive international trading environment “” both against bureaucratic red-tape and well-resourced multi-nationals, they have always naturally found strength in numbers by operating under umbrella bodies. In …

By Patrick Kagenda Central Bank Governor Tumusime Mutebile called it “the most innovative thinking in development literature in 30 years” but the 2009 World Development Report has sparked strong opposition among Uganda’s economic experts. They disagree on answers to two fundamental questions posed by the report: Whether the growing concentrations …