Kampala, Uganda | THE INDEPENDENT | State Minister for Lands, Persis Namuganza ran to the Civil Division of the High Court in Kampala to challenge her recent censure by Parliament. In the suit, Namuganza, who is also the Bukono County legislator listed the Attorney General as the respondent and accused parliament …
Read More »African guns on Ukraine frontline
Used as cannon fodder by Russia Wagner mercenaries COVER STORY | AGENCIES | Hundreds wailed as the body of a 33-year-old Tanzanian man, Nemes Tarimo, who was killed fighting in Ukraine as part of Russian President Vladimir Putin’s `Shadow Army’; the Wagner Group mercenaries, was on Jan. 24 returned home for …
Read More »URA’s half-year performance for FY2022/23 improves but deficits remain
The tax authority collected Shs11.6tn in the six months, recording a Shs95bn shortfall Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority collected Shs11.6trillion against the target of Shs11.7tn for the first six months of the financial year 2022/23 – representing 46.4% of the annual target. URA’s Commissioner General John Rujoki …
Read More »Tarehe Sita in the age of Muhoozi
The once significant army anniversary has been overshadowed by the rabble rousing General Kampala, Uganda | IAN KATUSIIME | On Feb. 6, the Uganda Peoples Defence Forces (UPDF) will mark the 42nd anniversary of its existence as a fighting force on a day popularly known as Tarehe Sita. It commemorates the …
Read More »Absa Africa Financial Markets Index
Uganda moves to the fourth spot due to strong data reporting standards, new environmental, social and governance incentives Kampala, Uganda | THE INDEPENDENT | Uganda’s overall score in the Absa Africa Financial Markets Index increased by six points to 66 in 2022, moving the country up to fourth from sixth place …
Read More »Paul Biya’s embarrassing video
Why we need to remove Western lenses when analysing politics in Africa THE LAST WORD | Andrew M. Mwenda | During the USA-Africa summit in December last year, President Paul Biya of Cameroon was videotaped in a highly compromising situation. Old and senile at almost 90, he entered the conference hall unaware of …
Read More »TECNO, Airtel launch Phantom X2 series
Kampala, Uganda | THE INDEPENDENT | On Jan.24, TECNO’s premium sub-brand, PHANTOM launched its new flagship smartphone PHANTOM X2 Series. It is the world’s first smartphone to feature a retractable portrait lens comparable to a professional camera designed to capture our most cherished moments. The PHANTOM X2 Series comprises PHANTOM X2 …
Read More »Why directors need limits to how many boards they sit on
When directors sit on too many company boards they might become what’s referred to as ‘overboarded’ Kampala, Uganda | REHANA CASSIM | Experienced directors of companies are in high demand in countries around the world. For this reason, many hold multiple directorships. There’s an upside to this. Directors with multiple directorships …
Read More »How threatening are threats?
How threat talk motivates conspiracy theories, misinformation, and shapes elections and investments COMMENT | Michele J. Gelfand and Virginia Choi | From climate-change alarms and “tripledemic” concerns to the Bulletin of Atomic Scientists’ Doomsday Clock, we are awash in dire warnings. News and social media alert us daily to the dangers of …
Read More »More war means more inflation
Why that will lead to larger fiscal deficits, more debt monetisation, and higher inflation in future COMMENT | Nouriel Roubini | Inflation rose sharply throughout 2022 across both advanced economies and emerging markets. Structural trends suggest that the problem will be secular, rather than transitory. Specifically, many countries are now engaged in …
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