It has taken 30 years to appear overnight NEW ANALYSIS | LESIBA SETHOGA | In the foreground, five spades are rammed into a stark, barren plain. In the distance, but framed in the center of the image, is earth-moving equipment to reinforce that this occasion is a groundbreaking ceremony. The …
Read More »World Bank funding embargo to Uganda
CSOs want government to renegotiate with the lender on funding key development projects Kampala, Uganda | JULIUS BUSINGE | Following the World Bank decision issued on Aug.8 to stop new public funding to Uganda in relation to the passing of the anti-homosexuality bill into law, a group of civil society organizations …
Read More »What Uganda’s alcohol figures hide
Revelations made at Ministry of Health experts meeting on alcohol use disorders Kampala, Uganda | THE INDEPENDENT | Uganda, like many other countries, faces significant challenges related to alcohol use disorders (AUDs) resulting from hazardous alcohol consumption. This situation has a considerable impact on public health and the social well-being of …
Read More »Centenary Bank in financial literacy training
Kampala, Uganda | THE INDEPENDENT | Centenary Bank is commemorating 40 years of transformative banking services. As part of the celebrations, the bank embarked on a series of training sessions aimed at empowering educators in financial literacy across various regions. The bank’s initiative to empower educators in financial literacy has been …
Read More »Entries Open for the 2023 Accountancy Service Awards
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda has unveiled the 2023 Accountancy Service Awards (ASA) Awards to recognise outstanding individuals and institutions that have made an impact in the accountancy profession and in their communities. Introduced in 2015, the Accountancy Service Awards are premium …
Read More »COMMENT: World Bank’s freezing loans to Uganda and issues human rights
COMMENT | DANNY BRADLOW | Many people may be tempted to view the World Bank’s recent announcement that it will freeze new loans to Uganda because of the country’s vicious anti-LGBTIQ+ law as a harbinger of the Bank taking a more progressive approach to human rights issues. While the announcement is …
Read More »Stanbic Bank reports 23.5% rise in H1 profit
This comes as the economy continues to recover from the consequences of the Covid 19 pandemic, the Russia-Ukraine war, and the tightening of global financing conditions Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest bank, Stanbic Bank, has reported a 23.5% rise in the first-half profit after tax to Shs 200bn …
Read More »Kenya, US trade deal
They are negotiating what could be a model for Africa Kampala, Uganda | THE INDEPENDENT | The U.S. and Kenya announced a trade and investment partnership in July 2022. During a virtual meeting on July 14, 2022, United States Trade Representative, Katherine Tai, and Kenya’s Ministry of Industrialisation, Trade and Enterprise …
Read More »Banks strive to counter cyber threats
Annual Bankers’ Conference 2023 unveils strategies for digital resilience Kampala, Uganda | PATRICIA AKANKWATSA | Cybersecurity has become a critical concern as digital transformation sweeps across Uganda’s banking landscape. The recently concluded Annual Bankers’ Conference 2023 provided a platform for industry leaders, experts, and stakeholders to deliberate on the escalating cybersecurity …
Read More »Sexual assault of mental health patients at Butabika
Women are raped, patients and others say. But accusers frequently aren’t believed, and justice is rare Kampala, Uganda | APOPHIA AGIRESAASI | The first time CJ was hospitalised for bipolar disorder, she alleges, a staff member who worked in security raped her one evening. She had been admitted at Butabika …
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