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In The Magazine

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Reform at the World Bank

What went right as the Inspection Panel at an institution that used to cause untold harm marks its 30th anniversary? Kampala, Uganda | Danny Bradlow | Development projects can have profound impacts on their societies. There are many benefits that flow from building new roads and power plants, and from modernising …

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‘Stop funding Oil and gas projects’

Climate activists pile pressure on World Bank Kampala, Uganda | RONALD MUSOKE | This year’s Spring Meetings of the World Bank that took place at the institution’s headquarters in Washington, D.C. from April 10-16 were dominated by demands from shareholders to reform and tackle contemporary challenges. And top on the list …

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Centenary Bank commits Shs185m sponsorship

  Kampala, Uganda  | THE INDEPENDENT l On April 13, Centenary Bank, joined hands with Rotary Club towards the continued support of the humanitarian initiatives. This was during a press launch held in Kampala where Rotary unveiled the official partners of the 98th Rotary District Conference. Beatrice Lugalambi the General Manager …

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Institute of Accountants to hold first PFA meet

Kampala, Uganda  | THE INDEPENDENT l The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the inaugural Public Finance Management (PFM) Conference from 18 – 20 April 2023 at the Imperial Resort Beach Hotel, Entebbe. The conference will be both physical and online. It targets accounting officers, policymakers, planners, …

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What next for economy?

World Bank, BoU explain short-term, long term opportunities, challenges Kampala, Uganda | AGENCIES | The outlook for long term economic growth is positive but a lot of drag persists in the short term. Viewed that way, the latest World Bank outlook for Africa matches the sentiment of the latest outlook of …

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Tax or not to tax Unit Trust Fund profits

Players warn that the move could discourage the growing savings culture Kampala, Uganda | JULIUS BUSINGE | Over the past few years, Uganda started experiencing a surge in the local population, especially youth interested in saving, growing their capital for future investments through the Unit Trust Funds. This is because Unit …

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EAC armies pose new risks in DR Congo

Expert reports warn of weak links, mission creep Kampala, Uganda | IAN KATUSIIME | The Eastern African Community Regional Force (EACRF) deployed in eastern Democratic Republic of Congo seems to be the fastest growing movement in the region. But the presence of additional armed personnel in an area crawling with numerous …

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