Why this good news risks being misunderstood as bad news by foreign investors COMMENT | Joseph Were | On February 01, The Independent news magazine’s online edition reported on Standard Chartered Bank Uganda’s launch of an offshore Mutual Funds product. As the Standard Chartered Bank CEO Sanjay Rughani said at the launch, …
Read More »5th 2023 Economic Mkutano
Trade Minister David Bahati reassures private sector of government support Kampala, Uganda | JULIUS BUSINGE | Routinely the cabinet, chaired by President Yoweri Museveni is deliberating on ways in which to further support growth of the private sector – an engine for Uganda’s economy. This was the general message the Minister …
Read More »MultiChoice, UCC move on copyrights
Kampala, Uganda | THE INDEPENDENT | MultiChoice Uganda together with Uganda Communications Commission have embarked on the journey of equipping content creators with information and insights on ways to avoid copyright infringement cases. The other partner under this arrangement is the Uganda Registration Services Bureau (URSB). Their first activity was to …
Read More »Netflix cuts prices for subscribers
Kampala, Uganda | THE INDEPENDENT | Streaming giant Netflix has cut prices in more than 30 countries as it attempts to attract more subscribers, BBC reported on Feb.24. Prices have been cut in parts of Asia, Europe, Latin America, sub-Saharan Africa and the Middle East. It comes as the rising …
Read More »Uganda’s ‘huge’ gold discoveries
If that discovery was authentic, you would have seen the big boys here, say analysts Kampala, Uganda | RONALD MUSOKE | Last year, on June 07, during his State of the Nation address, President Yoweri Museveni announced that Uganda had found up to 31 million metric tonnes of gold with extractable …
Read More »Uganda – South Africa trade, tourism summit
Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …
Read More »Africa CDC gets new heads
Dr Jean Kaseya’s Challenge: Advancing Public Health in ‘Post-COVID’ Era Kampala, Uganda | AGENCIES | Nine months after John Nkengasong left Africa CDC to head PEPFAR, the African Union has now elected a Director General for the continent’s leading public health institution who has the task of finding new ways to …
Read More »Kilembe Hospital closure leaves community stranded
When you cut off medicines, you declare death, says area MP Kampala, Uganda | Mubatsi Asinja Habati | Kilembe Hospital which is the biggest medical facility near Kilembe town and serves the residents of the Rwenzori mountains sub-region beyond as a general hospital is on the verge of closure. The 200-bed capacity …
Read More »Lessons from Serere by election
Kampala, Uganda | THE INDEPENDENT | Emmanuel Omoding won the by-election in Serere County to replace his father who died in a car crash in December. He polled 15,638 votes beating his closest rival by 2000 votes in an election where the opposition candidate came a distant third. “I pledge to …
Read More »Airtel’s 5G Network
Kampala, Uganda | THE INDEPENDENT | On Feb.22, Airtel Uganda announced that their Smartphone Network is now ready for the trailblazing 5G technology. The development was announced at their Clement Hill office by the Managing Director, Manoj Murali. 5G is the 5th generation mobile network that enables a new kind of …
Read More »