In The Magazine

Africa is currently home to 136,000 millionaires, with their ranks on the rise. This is despite the continent’s total wealth dwindling over the past decade FEATURE | LEO KOMMINOTH | Africa’s share of millionaires grew by 8% between 2020 and 2021, according to a recent report by intelligence firm New …

| THE INDEPENDENT | Uganda government needs to carry out an audit to assess the impact of tax exemptions on Bujagali Hydropower Dam on the consumers prior to making any further extensions to minimise further revenue losses, according to civil society organisations. The CSOs under their umbrella organisation ‘The Tax …

It has dark side for users attracted to influencers | SAMIRA FARIVAR | Do you follow influencers on social media? Do you always check their posts? Do you find you’re spending too much time or becoming obsessed with checking influencers’ accounts? And when you can’t check in, do you feel …

Asia gets the attention, but the real economic revolution is the inevitable growth of an overlooked continent | TOOZE-ADAM | In the coming decades, we face a revolutionary shift in the balance of world affairs—and it is likely not the one you are thinking of. Since the 1990s, the idea …

‘In Somalia, your only protection is the number of weapons you have’ | ABDALLE AHMED MUMIN | The price of an AK-47, the standard weapon of Somali militias, has soared on gun markets ahead of a fraught ballot this weekend, when lawmakers will select the country’s next president. Parliamentarians from …

  How self-righteousness is far more dangerous than self-interest and leads to human disaster THE LAST WORD | ANDREW M. MWENDA | Rolling Stone magazine in the U.S. published a story claiming former president Donald Trump wanted to close every embassy in Africa. This is revealed in a new book …

Museveni defends, Buganda reacts Kampala, Uganda | MUBATSI ASINJA HABATI | On 10 February 2022, the Minister of Finance, Matia Kasaija signed an agreement with an Italian, Enrica Pinetti to allow her company, Uganda Vinci Coffee Company Limited (UVCC), to establish a coffee processing plant worth US$80 million. Apart from …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY What next as Vinci coffee deal cools?: Museveni defends, Buganda reacts THE LAST WORD On America’s sense of self: How self-righteousness is far more dangerous than self-interest and leads to human disaster ANALYSIS …

If platform becomes too toxic, advertisers might leave altogether, jeopardising the its revenue COMMENT | ZACH MEYERS | With Elon Musk buying of Twitter for $44 billion, commentators are scrambling to understand what the “free speech absolutism” espoused by the world’s richest person will mean for the platform. But the …

Impact of negative aggregate supply shocks that have curtailed production and increased costs  COMMENT | NOURIEL ROUBINI | The new reality with which many advanced economies and emerging markets must reckon is higher inflation and slowing economic growth. And a big reason for the current bout of stagflation is a …