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In The Magazine

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Export credit agencies roar back in Africa

Sub-Saharan Africa is experiencing a renewed focus, with infrastructure projects receiving a significant boost ANALYSIS | FELIX THOMPSON | There was a rebound in export credit agency activity in Sub-Saharan Africa last year, as agencies struck big-ticket deals across infrastructure and renewable energy sectors, fresh data shows. In its annual State …

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BAT net profit up 21.6% to Shs4.5bn

Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda Limited has registered a 21.6% increase in net profit from Shs3.7bn to Shs4.5bn for the first six months of 2024, further showing the company’s continued growth trajectory. The company executives said on Aug.2 that the macro-economic landscape was relatively stable …

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Why banks are dumping ATMs in South Africa

Maintaining and servicing ATMs in remote or low-traffic areas is becoming less cost-effective for banks ANALYSIS | AGENCIES | Absa, Standard Bank, and FNB have been closing ATMs over the last five years, while Capitec has significantly increased its ATM footprint. Banks in South Africa are closing ATMs due to a …

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UDB’s investments create more than 400 new jobs

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s investments resulted into the creation of more than 400 additional jobs, bringing the total to 51,841 last year, underscoring the lender’s contribution towards transforming people’s lives. According to UDB’s latest Development Impact Report, titled “Transforming Lives: The Role of UDB in Driving …

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African HIV networks seek stronger

PEPFAR at risk as international funding for HIV response falls ANALYSIS | MELODY CHIRONDA | African networks representing people living with HIV and AIDS (PLWHAs) convened in Munich, Germany, to demand increased funding for HIV programs as the global fight against the pandemic continues. The networks include the Malawi Network of …

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Cheaper data coming

New satellite internet roll-out offer faster speeds SPECIAL REPORT | BIRD AGENCY | Africa’s data market is experiencing a reset, with the aggressive rollout of satellite internet and intense competition promising faster and cheaper services, including markets with some of the world’s most expensive data plans. A year after the introduction …

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Why demonstrating is a universal human right

  In a functioning democracy, the Government derives its legitimacy from the consent of the governed COMMENT | PETER NYANZI | Public debate is raging over whether or not the government should allow public demonstrations against the marauding monster of corruption in Uganda to go on. Well, it’s not my intention …

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Monkeypox: Uganda on guard against disease

WHO offers 2,400 rapid test kits ANALYSIS | AGENCIES | The World Health Organisation (WHO) has provided Uganda’s Ministry of Health with a set of 2,400 test kits to strengthen the country’s response to Monkeypox through rapid laboratory identification of cases. These kits are among the first Monkeypox laboratory tools received …

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Arrest of FDC activists in Kenya

Terrorism charges and new questions for Uganda Kenya relations ANALYSIS | IAN KATUSIIME | Thirty six activists of the Forum for Democratic Change who were arrested in Kenya on July 23 are facing terrorism charges in a baffling development that puts Kenya-Uganda relations under scrutiny. They were remanded to Luzira Prison …

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