How safe is Uganda from so-called `coup contagion’? COVER STORY | IAN KATUSIIME | In a paper published in The Journal of Conflict Resolution entitled `The “Coup Contagion” Hypothesis’, two professors; Richard P.Y. Li and William R. Thompson, popularised the expression as far back as 1975. They wrote that their “statistical …
Read More »Potential implications of the World Bank’s loan suspension to Uganda
A comprehensive and strategic approach to address the concerns raised by the global bank should be developed COMMENT | SIMON M. MUTUNGI | On Aug.08, the World Bank announced that it is halting new loans to Uganda over the country’s controversial Anti-Homosexuality Act (AHA). The United States-based development financier said the …
Read More »Imagining a Keynesian revival
Why we would be wise to give it another chance before we resign ourselves to the capitalist-socialist conflict COMMENT | ROBERT SKIDELSKY | In 2009, while the world economy was still reeling from the global financial crisis, Nobel laureate economist Robert Lucas observed that “everyone is a Keynesian in the foxhole.” …
Read More »New financing tool aims to increase access to lifesaving mosquito nets
The Revolving Facility will negotiate improved supply terms for health products using advanced market commitments, including volume guarantees, to drive more affordable access and innovations at greater scale Kampala, Uganda | AGENCIES | More people in some of the world’s poorest communities will have access to quality health products such as …
Read More »Brooklyn Museum exhibition explores Africa’s flourishing fashion and art scene since liberation era
Co-curator Ernestine White-Mifetu gives us an illuminating tour of “Africa Fashion” and the greater narrative it encapsulates. ART | LEE CARTER | At the Brooklyn Museum, an electrifying new exhibition establishes Africa as a true fashion capital, bursting with imagination, ingenuity, and its own aesthetic heritage. “African Fashion” showcases the designers …
Read More »Africa meets to deliberate on integrating health into climate agenda head of COP28
The speakers called for engaging communities, ensuring adaptation and facilitating transparent communication as critical strategies for success toward a healthier and resilient future Lilongwe, Malawi | KIRAN PANDY | Various stakeholders from Africa gathered in Malawi to deliberate on integrating health into the climate agenda ahead of the 28th Conference …
Read More »Ecobank, AMREF ink deal to evacuate patients around East Africa
Bank’s customers will be provided with convenient access to fast, affordable, and quality air and ground evacuation services in the event of medical emergencies Kampala, Uganda | RONALD MUSOKE | The Kenyan subsidiary of the pan-African financial institution, Ecobank, has entered into a partnership with the African Medical and Research Foundation …
Read More »dfcu Bank’s H1 profits up 56% to Shs29.3bn
But loans and advances to customers reduced by 16% Kampala, Uganda | THE INDEPENDENT | dfcu Bank has reported a 56% improvement in net profit to Shs29.3bn in the first six months to June.30 driven by a reduction in loan impairment. The lender’s financial results released on Aug.24 show continuous growth …
Read More »Rise in electricity sales boosts Umeme’s revenues to Shs 1trillion
Net operating cash flow increased by 18% to Shs221 billion supported by cash collections, operating profits, optimised working capital, and financing costs during the period Kampala, Uganda | THE INDEPENDENT | Electricity distributor, Umeme has reported a 20% increase in revenue to Shs1tn for the six months of the year ending …
Read More »Prudential supports Mulago Hospital
Kampala, Uganda | THE INDEPENDENT | Prudential Uganda announced a $30,000 donation to Mulago National Referral Hospital of essential medical supplies such as safety boxes for syringes, heavy-duty aprons, and sterile and examination gloves. The donation, which is part of the Prudential Post COVID Recovery Funds initiative, is a significant step …
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