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In The Magazine

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Private sector optimism soars as Stanbic PMI hits 55.7

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 …

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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 …

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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, …

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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 …

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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 …

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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 …

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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. …

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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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