Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector remains resilient with the Stanbic Purchasing Managers’ Index (PMI) for November climbing to 55.7, up from 52.9 in October. This marks the eighth consecutive month of expansion, as readings above 50.0 signify positive business conditions. Christopher Legilisho, Economist at Stanbic Bank, described …
Read More »RUBiS Energy Uganda launches RUBiS Gas
Kampala, Uganda | THE INDEPENDENT | RUBiS Energy Uganda has introduced RUBiS Gas, a new initiative aimed at providing Ugandans with a safe, efficient, and environmentally friendly cooking solution. This launch marks a significant step in promoting clean energy use across the country. Speaking at the launch, Olivier Gatera, Country Manager …
Read More »Uganda’s gold export data continues to haunt sector
Opaqueness surrounding Uganda’s gold data has not only frustrated UGEITI but also other government agencies like UBOS and URA NEWS ANALYSIS | RONALD MUSOKE | Where does Uganda source the millions of dollars’ worth of gold it exports annually? This question often dominates discussions involving artisanal miners, gold traders, government officials, …
Read More »European Union bans Air Tanzania over safety concerns
Kampala, Uganda | THE INDEPENDENT | On December 13, 2024, the European Commission added Air Tanzania to the EU Air Safety List, banning the airline from operating within European Union airspace. This decision follows the denial of Air Tanzania’s Third Country Operator (TCO) authorization by the European Union Aviation Safety Agency …
Read More »Stanbic Bank appoints Mumba Kalifungwa as new CEO
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has named Mumba Kenneth Kalifungwa as its new Chief Executive Officer, effective March 1, 2025, following regulatory approvals. Mumba, who succeeds Anne Juuko, brings nearly 30 years of professional experience, including over 20 years in senior roles across the banking sector in …
Read More »Africa: A tomato, sex and HIV
The high cost of inequalities that symbolise the deep vulnerabilities that fuel the HIV epidemic in our region COMMENT | ANNE GTHUKU – SHONGWE | This World AIDS Day, Dec.01, we had some good news. Our collective efforts are yielding results. There has been major progress in the HIV response in …
Read More »Big companies profit from poverty
Shouldn’t International law be changed to oblige them to uphold human rights under specific circumstances? COMMENT | BONITA MEYERSFELD | There is some disagreement among legal practitioners and scholars about whether corporations have duties under international law. Many argue that only states are bound by international law, and it is those states …
Read More »Requiem for America’s democracy
How America’s pursuit of global primacy undermines democracy at home and international law abroad THE LAST WORD | Andrew M. Mwenda | I argued in this column last week that America’s pursuit of global primacy (hegemony) is increasingly becoming a liability to Europe’s security and economic prosperity. Germany is the biggest loser in …
Read More »African Central Banks and cyber-security
The rising incidents of cybercrime require that organisations integrate cybersecurity into their core business processes COMMENT | PETER KISITU | In its most recent publication, the Financial Inclusion Global Initiative (Figi) reported that African central banks face three major threats namely; threat to integrity, threat to availability, and threat to confidentiality. …
Read More »Remittances and climate change
Money sent home by relatives abroad is vital for families in Sub-Saharan Africa to withstand climate change impacts ANALYSIS | RONALD MUSOKE | The fact that remittances –the money sent home by migrant workers– is often a lifeline for millions of those left behind has been known for a long time. …
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