Parametric insurance has grown in popularity in recent years, with the World Economic Forum recently describing it as a potential “game changer” for mitigating disaster risk ANALYSIS | AGENCIES | Liberty Mutual Reinsurance (LM Re) has partnered with Kenyan financial services provider Britam and farming-focused insurtech Sprout to offer a parametric insurance …
Read More »Curbing debt-fueled unrest in emerging markets
Three important weaknesses that have impeded progress and way forward ANALYSIS | VERA SONGEWE & ISHAC DIWAN | The recent protests in Kenya reflect the frustrated aspirations of young people for higher-quality social services and better economic opportunities. It also highlights the difficulty – in Kenya, and across the developing …
Read More »Stanbic records 17.6% profit growth in H1 2024 to Shs 235.5bn
The bank’s low-cost payment solution, FlexiPay, now boasts over 900,000 clients and is gaining traction in both transaction numbers and volumes Kampala, Uganda | THE INDEPENDENT | Stanbic Holdings Uganda Ltd (SUHL) recorded 17.6% growth in profit after tax to Shs 235.5 billion for the first half of 2024 on the …
Read More »Multichoice Talent Factory 2025 calls for entries
MTF’s curriculum is built on a hands-on approach, complemented by mentorship from industry experts Kampala, Uganda | THE INDPENDENT | MultiChoice Talent Factory (MTF) is now accepting applications for its 2025 fully funded academic program, extending an opportunity to aspiring filmmakers, scriptwriters, producers, and storytellers across Africa. The application is open …
Read More »Kampala property market sees shift toward short-term rentals
The developers in prime areas like Nakasero and Kololo have responded to these market dynamics by replacing older, detached houses with modern apartment blocks Kampala, Uganda | THE INDEPENDENT | Kampala’s property market is undergoing significant changes as property owners increasingly shift their tenancy preferences from long-term leases to short stays, …
Read More »Mpox: What happens next?
WHO has declared it a global health emergency ANALYSIS | C RAINA MACINTYRE | The World Health Organization (WHO) has declared mpox a public health emergency of international concern, after rising cases in the Democratic Republic of the Congo and the potential for further spread. This now triggers a coordinated international …
Read More »Lake Victoria: A battleground for environmental crime
Researchers call for harmonization of enforcement mechanisms used by Kenya, Uganda and Tanzania to tackle transnational crimes ANALYSIS | RONALD MUSOKE | Lake Victoria, Africa’s largest and the world’s second-largest freshwater lake, shared by Uganda, Kenya, and Tanzania, has become a hotspot for environmental crime, according to a new report from …
Read More »Let’s not waste Kiteezi garbage tragedy
Lessons from Ethiopia, Kenya, Nigeria COVER STORY | THE INDEPENDENT TEAM | Until 2017, the Koshe Landfill on the edge of the Ethiopian capital,Addis Ababa, was just like the Kiteezi Garbage dumpsite on the northern edge of Kampala City. On a typical day, several trucks carrying waste from the city would …
Read More »Understanding Brand Rwanda
What the inauguration of Kagame for another term told about the Rwanda he is building THE LAST WORD | Andrew M. Mwenda | And so it was that on August 11 we were in Kigali for President Paul Kagame’s inauguration. It happened that a well-known Rwandan with Ugandan roots hosted a wedding of …
Read More »Over 20% of medicines in Africa are substandard
Most noted are Antibiotics, antimalarial, and antihypertensive medicines ANALYSIS | THE INDEPENDENT | Up to 23% of medicines used in African medical facilities are either substandard or falsified. This includes medicines that do not meet quality specifications and are deliberately substandard or falsified and circulated in the market. Sadly, many substandard, …
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