Free trading under the auspices of the African Continental Free Trade Area started in January 2021. One year later, several aspects of the trade pact are being successfully implemented as negotiations are ongoing in other areas. Kingsley Ighobor interviewed the Secretary-General of the AfCFTA Secretariat, Wamkele Mene and here are …
Read More »Insurances industry sees positive growth amidst COVID-19
Failure to operationalise the National Health Insurance Scheme and resurgence of COVID-19 may constrain demand for insurance Kampala, Uganda | ISAAC KHISA | Uganda’s insurance industry is projected to register consistent growth in 2022 riding on technology innovations, government’s investment in infrastructure and increased economic activities as economy opens up. …
Read More »More gloom to tax payers as public debt raises to Shs 73.7trillion
The debt service to tax revenue ratio has increased to 27.1% in Oct. 2021, up from 24.4% in the same period in 2020 Kampala, Uganda | ISAAC KHISA | Coronavirus pandemic induced borrowing has seen Uganda’s public debt raise 3.1% to Shs 73.78trillion compared to June 2021, says the …
Read More »Dictators using social media
Is social media becoming a threat to democracy on the continent? ANALYSIS | THE INDEPENDENT | In early 2021, Facebook (Meta) deactivated more than 20 accounts linked to Ugandan President Yoweri Museveni’s ruling National Resistance Movement (NRM) party. Shortly afterward, Twitter also followed suit, closing 11% of the nearly 3,500 …
Read More »Silencing voices of opposition
Chilling effect of Kakwenza’s arrest Kampala, Uganda | MUBATSI ASINJA HABATI | The arrest of novelist Kakwenza Rukirabashaija has laid bare what many political observers say are tactics from the playbook of leaders who have clung to power too long, lack legitimacy, and have resorted to using security operatives to …
Read More »UPDF, the DRC and the ADF war
Why it’s about hearts and minds; not bullets COVER STORY | ANDREW M MWENDA | Kambi ya Yua is an eight-acre hill site in the middle of a jungle that runs for over 100km from Uganda deep into inside of the DR Congo. It has no neighbouring human settlement, no access …
Read More »IN THE INDEPENDENT: UPDF, DRC and the ADF war
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. THE LAST WORD UPDF, the DRC and the ADF war: Why it’s about hearts and minds – not bullets ANALYSIS Silencing voices of opposition: Chilling effect of Kakwenza’s arrest COMMENTS Why we need African energy …
Read More »PostBank enters tier one territory for banks
PostBank Uganda has officially announced its ascension to tier one status after receiving a license from the Bank of Uganda. Kampala, Uganda | THE INDEPENDENT | The bank, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial institution that …
Read More »YEAR ENDER: Remembering 2021
YEAR ENDER: Remembering 2021 January 2nd President Museveni directs Ministry of Finance to halt activates of DGF, a huge donor facility, with a Shs500 billion fund over its operations in the country without Cabinet approval. 14th Uganda holds presidential and parliamentary elections. President Museveni contests against several candidates with main …
Read More »UEGCL to light 60 villages in Kayunga district.
Nearly 60 villages in Kayunga district are set to be connected to the national electricity grid to boost the socio-economic status of the population, according to Eng. Harrison Mutikanaga, the managing director at the Uganda Electricity Generation Company Limited. Kampala, Uganda | THE INDEPENDENT | Mutikanga, who was accompanied by …
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