Africa needs to tap into Beijing’s commitment to win-win co-operation for her socio-economic development COMMENT | JOHN PAUL RUGABA | It’s January 2012, and under the intense sunshine of the Addis Ababa sky, the then African Union Chairman, Teodoro Obiang Nguema; president of Equatorial Guinea, among other leaders opened the …
Read More »Africa’s TB fight
What is impeding it? Africa has made progress in the fight against tuberculosis (TB) in recent years, however several hurdles are curbing the efforts to end this preventable and curable disease and at the current pace, the global targets to eliminate the disease by 2030 look increasingly elusive. Dr Norbert …
Read More »Collective Memories at Nommo gallery
A recollection of Uganda’s remnant histories throughout the years Kampala, Uganda | DOMINIC MUWANGUZI | There’s a feeling of nostalgia, elation, amusement and intrigue in the group show Collective Memories: Tracing The Que-rator at Nommo gallery. This is certainly a novel experience if one has been a regular visitor to …
Read More »Stanbic goes for SACCOs, young clients
The lender recorded 11% growth in net profits to Shs269bn in 2021 Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Ltd, a mother company for Stanbic Bank – one of the country’s oldest banks, which for nearly two decades served corporate clients, is now trying to remodel. The country’s …
Read More »Uganda unveils mortality table for life insurers
Kampala, Uganda | ISAAC KHISA | Insurance Regulatory Authority of Uganda has unveiled the first ever mortality table for life insurance companies in the country to help determine pricing, which may decrease or increase payments popularly known as premiums for new life insurance products and annuities. The table dubbed Uganda …
Read More »dfcu bank’s profit dip 46% to 13.2billion
But the recovery in the economy is expected to boost growth in 2022 Kampala, Uganda | ISAAC KHISA | dfcu bank’s net profit fell 46% for the year 2021 to Shs13.2billion due to the increase in non-performing loans but the management believes that the recovery of economy that had been …
Read More »Umeme net profits up
The company’s net profit more than tripled to Shs139bn in 2021 Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distribution firm, Umeme, has seen 2021 net profit more than triple to Shs139bn owed to increase in customer base and electricity sales. This is the similar profit earned in 2019 during …
Read More »Briquette maker turns the heat on charcoal
Conservationist starts venture to use up 65% of harvested trees that often goes to waste Kampala, Uganda | RONALD MUSOKE | Uganda’s tropical high forests have been declining rapidly and conservationists have been relentless in sounding the alarm over their imminent disappearance in the next two decades unless something is …
Read More »Boosting tax compliance
Uganda study shows text messages can work | ISABELLE COHEN | Every government needs money to fund its political, social and economic duties. Much of what they spend is generated from taxes, fines and sales of public goods and services. The exchange of these revenues for government services is at …
Read More »Opposition to Uganda oil pipeline
Why Pope Francis met two young Ugandan women activists determined to stop it Kampala, Uganda | RONALD MUSOKE | Groundwork on keystone oil and gas infrastructure projects is beginning to take shape in western Uganda after TotalEnergies and CNOOC in February signed off the necessary Final Investment Decision (FID). But …
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