If technology is a new domain of international competition, the democratic world is equipped COMMENT | MANUEL MUÑIZ | The commemoration of the first anniversary of the January 6, 2021, attack on the U.S. Capitol by supporters of former President Donald Trump showed that the extreme political polarisation that …
Read More »Emerging inflation heresies
Economists should be humble when they recommend (or dismiss) various inflation-fighting strategies COMMENT | DANI RODRIK | The specter of inflation is once again stalking the world after a long period of dormancy during which policymakers were more likely to be preoccupied by price deflation. Now, old debates have …
Read More »Fresh dimensions in the new normal
Kyeyune’s a new approaches in technique and subject matter on canvas Kampala, Uganda | DOMINIC MUWANGUZI | The Covid-19 pandemic may have disempowered many sectors locally but not the art industry. During the pandemic and the forced lockdown, artists found it convenient to work under the peace and quiet that …
Read More »Ugandan medical cannabis hits Germany pharmacies
Supplied by Cantourage in partnership with Israel’s Together Pharma | THE INDEPENDENT | European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma have formed a partnership that will see the first Ugandan medical cannabis brought to Germany. From Jan.12, pharmacies and patients throughout Germany will have …
Read More »How a pig heart was transplanted into man
The first transplant of a pig heart genetically modified for acceptance into human bodies raises hopes for a new solution to donor organ shortages | THE INDEPENDENT | For the first time, a human has been given a transplant of a pig’s heart. David Bennett, 57, had the operation in …
Read More »COVID-19 pandemic pushes 3 insurers out of business
But the insurance industry still has room for future growth Kampala, Uganda | ISAAC KHISA | Coronavirus pandemic has forced three insurance players to cease operations in Uganda amidst government’s decision to ease restrictions this year to salvage the economy. Metropolitan Life Uganda, which opened shop in 2017 targeting …
Read More »New Africa Payment System to save $5bn in fees, boost trade
Central banks to develop their national switches to access payment system and ensure seamlessly transfer funds Africa | THE INDEPENDENT | The African Continental Free Trade Area (AfCFTA) Secretariat, African Export-Import (Afrexim) Bank, and other partners have unveiled the Pan-African Payment and Settlement System (PAPSS) in a bid to boost …
Read More »Businesses reap as schools re-open
Privately owned schools and teachers owe financial institutions more than Shs1.5trillion Kampala, Uganda | THE INDEPENDENT | Uganda’s decision to re-open schools after nearly two years to control the spread of coronavirus in the population has come as a blessing to traders in Kampala, according to Thadeus Musoke, the acting …
Read More »Uganda’s 2022 economic outlook
Rise in imports, commodity prices, COVID-19 variant could impact recovery Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy underperformed in 2020 as coronavirus pandemic lockdown took toll on economic activities. The economy is projected to grow by 3.5-3.8% in the FY2021/22 and 5.5-6.0% in FY2022/23, before increasing to 6.5-7.5% in …
Read More »Bobi Wine and NUP 2022 agenda
Stalled legislative agenda, rifts, and post-election campaigns beg for action Kampala, Uganda | IAN KATUSIIME | On Jan. 11, Bobi Wine, leader of the National Unity Platform (NUP), presided over a meeting of his party caucus at Busabala Beach outside the city to draw a roadmap for 2022. Top on …
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