Kampala, Uganda | THE INDEPENDENT | Finance Trust Bank is marking its 38 th anniversary, and to crown it, the bank has moved its headquarters from the suburb of Katwe to TWED Plaza, Lumumba Avenue, Nakasero. A ceremony highlighting the move was held on Friday last week —presided over by Tumubweine …
Read More »The virgin birth of Jesus
Why early Christians wouldn’t have found the Christmas birth story of the messiah so surprising COMMENT | Rodolfo Galvan Estrada III | Every year on Christmas, Christians celebrate the birth of their religion’s founder, Jesus from Nazareth of Galilee. Part of this celebration includes the claim that Jesus was born from a virgin …
Read More »Kiira Motors plant ready to roll out vehicles in 2023
Kampala, Uganda | THE INDEPENDENT | The Minister of Science, Technology and Innovation Dr Monica Musenero last week announced that starting June 2023, Kiira Motors buses will be manufactured at the Jinja-based vehicle manufacturing plant. Musenero, who visited the plant to inspect the progress of the project at Jinja industrial and …
Read More »The true Christmas
How to rekindling its spirit COMMENT | Dion Forster | If the media, popular entertainment, and retail habits are taken as indicators then the celebration of Christmas is no longer just the reserve of Christians. This has some consequences for the religious and non-religious alike. In popular culture and the media, Christmas …
Read More »Workplace burnout
What it is and how to prevent – insights from a clinical psychologist Kampala, Uganda | Shahieda Jansen | People close to you, including family members, friends, and co-workers, frequently express their “stress” at this time of year. As the end of the year draws nearer people are likely to feel weary, …
Read More »UEGCL records 24% growth in income to Shs 210bn
Kampala, Uganda | ISAAC KHISA | State-owned Uganda Electricity Generation Company has maintained a growth trajectory in its annual performance with the latest financial results indicating a 24 per cent growth in income to Shs 210.9billion for the year ended June.30. The company attributes increase in income to a surge in …
Read More »2022: Year in Review
Year Gen. Muhoozi came out Kampala, Uganda | THE INDEPENDENT | January Jan. 5: Widespread condemnation of the Ugandan government after horrendous images of a tortured Kakwenza Rukirabashaija, a writer and novelist, become public. Kakwenza was tortured by security agents after he sent out a tweet about First Son Gen. Muhoozi, …
Read More »Uganda’s risky fiscal fires
How government’s recent borrowing and spending binge has put us on the highway to Ghana THE LAST WORD | Andrew M. Mwenda | Ghana is in a serious economic crisis. In November, its inflation rate was 50.3%. On December 19, it all but declared bankruptcy. In a press statement, its government announced …
Read More »Uganda, Sudan bolster relations
Kampala, Uganda | THE INDEPENDENT | Uganda and the Republic of Sudan successfully held a joint political consultation committee meeting (JPCC) in Khartoum. The main objective of the meeting was to bolster and enhance bilateral cooperation in the political, economic, peace and security cluster/ sector for the mutual benefit of both …
Read More »Rethinking financial inclusion
High transactional costs hampering growth in financial inclusion in Uganda Kampala, Uganda | THE INDEPENDENT | New developments in the financial sector have forced a rethink of how the sector should be developed to ensure it helps build a thriving economy that works for every Ugandan, according to Moses Kagwa, the …
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