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In The Magazine

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To protect democracy, revive local journalism

The absence of credible information allows for misinformation that undermines the democratic process COMMENT | LAURA TYSON & LENNY MENDONCA | The Washington Post’s famous slogan, “Democracy Dies in Darkness,” is sadly coming true in many parts of the United States. The digital age has shattered newspapers’ business model, turning many …

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Paediatric anaesthesia gets boost

Not-for-profit, Smile Train, to offer 54 high-quality capnographs Kampala, Uganda | PATRICIA AKANKWATSA | In a ground-breaking initiative, Smile Train is pioneering a comprehensive program to enhance the safety of paediatric anaesthesia and improve the care of children with cleft conditions across the country. Through a combination of specialised training for …

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Nyatho’s Mama Kafunda solo show

Artist deeply engages audience with the concept of the regular working woman ART | DOMINIC MUWANGUZI | Kafunda in Ugandan speak is generally a small working space on the roadside. The phrase Mama Kafunda is usually used on regular working women typically from humble social settings. Their work space will include …

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NSSF revenues up 15% to Shs2.2tn

The long-term bond yields recorded a decline compared to the previous financial year, with the 10-year bond yield decreasing from 15.6% to 14.7% Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund (NSSF) has recorded a 15% increase in revenue, reaching Shs2.2 trillion for the Financial Year ending June …

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KCB unveils The KCBU Agent App

Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda has unveiled The KCBU Agent App, its banking application that promises improved, faster, easily accessible and timely service delivery to customers looking for convenient financial services. The App will widen KCB’s footprint in Uganda in over 150 agent locations countrywide. The platform …

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Stanchart relaxes conditions for employees

Kampala, Uganda | THE INDEPENDENT | Standard Chartered recently announced the rollout of enhanced global parental leave benefits that will also benefit its employees in Uganda effective September 1, 2023. The Bank will standardise the amount of parental leave it offers, providing parents the option of undertaking more equitable caregiving responsibilities …

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Afreximbank records 8% asset growth

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has recorded an 8% growth in assets to $30.1 billion for the six months ending June 30, 2023, driven by an increase in loans. The lender recorded a substantial growth in total interest income, which soared by an impressive …

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