COMMENT: By David Birungi The slippery road to creating awareness and mandate without the benefit of a guard rail Stanbic bank’s recent announcement of their mid 2016 unaudited financial results included a declaration of a 57% growth in profitability. This comes on the heels of media frenzy about demands for …
Read More »Yo: Ensuring a cashless economy
INTERVIEW: Gerald Begumisa, the managing director of Yo Uganda Ltd, spoke to Flavia Nassaka about operating an ICT business in an economy where ICTs are still under developed. What are the key elements in your management style? My focus is value for shareholders. How this value is created is through …
Read More »Breadwinning men may have more money, but poorer health
Tough health choices for men: Bread-winning men may have more money, but poorer health Men who earn more money than their wives may be rolling in the bucks, but they tend to have poor health and heightened anxiety, new research shows. Researchers analysed surveys from 9,000 young married men and women …
Read More »Trump vows no legal status for those who enter US illegally
Phoenix, United States | AFP | Republican presidential candidate Donald Trump issued a stern warning Wednesday to people intent on sneaking into the United States, saying those who enter illegally would never obtain legal status. “Our message to the world will be this: you cannot obtain legal status or become …
Read More »Republican Guard storms Gabon opposition headquarters
Libreville, Gabon | AFP | Gabon security forces were attempting to storm the opposition headquarters early Thursday, leaving several people injured, party leaders said, hours after President Ali Bongo claimed victory in contested polls. “They attacked around 1:00 am (0000 GMT). It is the republican guard. They were bombarding with …
Read More »Cabinet retreat: Parliament takes break until after Sept 9
Parliamentarians will have to wait until after September 9 to debate Nakifuma MP Robert Kafeero Ssekitoleko’s private members bill to amend the constitution. The bill aims to extend the retirement age of judges and judicial officers by five years and open the restricted two term tenure of the Electoral Commissioners. Debate on the …
Read More »Day-dreaming Kasagga awakens
An anonymous writer insight-fully observed that “although a dream is a very strange phenomenon and an inexplicable mystery, far more inexplicable is the mystery and aspect our minds confer on certain objects and aspects of life”. This mindset was monumental in the introduction of surrealism in both literature and visual …
Read More »VIDEO: Uganda awards Oil Production Licences to Tullow, Total
VIDEO: The Ministry of Energy and Mineral development has awarded 8 petroleum production licences to oil companies– with production work expected to start within 18 months. The licenses that have been awarded to Tullow Uganda operations and Total E&P will see three partner petroleum companies start oil production in a total …
Read More »Pilots charged for drinking before flight
London, United Kingdom | AFP | Two American pilots were charged on Monday with being under the influence of alcohol at a Scottish airport as they prepared to fly a passenger plane to the United States. Paul Brady Grebenc, 35, and Carlos Roberto Licona, 45, were released on bail and …
Read More »Apple on firm financial footing as EU tax bill hits
San Francisco, United States | AFP | A multi-billion-dollar tax bill imposed by the European Union could bruise Apple’s image more than its finances, which remain solid even as the trend-setting company looks for the next big thing. Analysts interviewed by AFP saw Apple as being in position to fend …
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