This development ends the institution’s 30-year history in Uganda’s financial sector Kampala Uganda | ISAAC KHISA | Local lender, Orient Bank is getting a revamp, ending a nearly 30-year history in Uganda. The lender is ditching its name to I&M Bank (Uganda) following the latter’s decision to acquire a 90% …
Read More »Uganda’s self-inflicted wounds
How our country has imposes draconian COVID-19 restrictions in spite of glaring evidence that they are not necessary THE LAST WORD | ANDREW M. MWENDA | Very smart people can make humongous mistakes and stick to them for very long with little effort to change course in spite of …
Read More »The war in Ethiopia
America piles pressure on PM Abiy ETHIOPIA | THE INDEPENDENT | On Nov.05, most international news agencies carried one major story about developments in the war in Ethiopia. ‘Nine Ethiopian factions to form alliance against government,’ proclaimed the media agencies. Most listed only the Oromo Liberation Army (OLA), a splinter …
Read More »IN THE INDEPENDENT: The war in Ethiopia
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY The war in Ethiopia: America piles pressure on PM Abiy THE LAST WORD Uganda’s self-inflicted wounds: How our country has imposed draconian COVID-19 restrictions in spite of glaring evidence that they are not …
Read More »The risks and opportunities of private debt
Current distribution of private loans makes it difficult to track who could be left holding the bag | EVAN GUNTER AND ABBY LATOUR | In a global economy increasingly fueled by credit, the market for private debt has emerged as a new frontier for yield-hungry investors. The close bilateral …
Read More »Breast cancer in men
Why is it more aggressive than in women? Kampala, Uganda | PATRICIA AKANKWATSA | Experts at the Uganda Cancer Institute have come out to warn that although breast cancer is common in women, men can also get it and it is more aggressive. Dr. Noleb Mugisha, an oncologist who heads …
Read More »Only one in seven COVID cases detected in Africa
WHO says most tests are carried out on people with symptoms, whereas much of the transmission is driven by those who do not show symptoms | NELSON MANDELA OGEMA | Only one in seven COVID-19 infections are being detected in Africa because of inadequate testing, the WHO said in an …
Read More »Turning ordinary midwife into a super midwife
GSK funded eLearning offers nurses and midwives welcome opportunity | CAROLINE ARIBA | Her arrival into the maternity ward is noticed. She might not be the most experienced midwife at the Kabale Regional Referral Hospital, but she certainly is one of the most appreciated. At 32, Assumpta Namugumya has mastered …
Read More »Erdogan pledges to double bilateral trade at Turkey-Africa summit
The Turkey-Africa Economic and Business Forum held in Istanbul from 21-22 October, aims to provide a platform for Turkish businesses to gain a foothold on the continent | SHOSHANA KEDEM | Turkey aims to double its bilateral trade volume with Africa from $25bn to $50bn, said Turkish President Recep …
Read More »Airtel operating profit up 52% in East Africa
Airtel’s operations in East Africa have recorded approx.52% surge in operating profits to US$279m for the half year period ending Sep.30 riding on a balanced growth of almost all its product segments. The company’s East Africa business region includes Kenya, Malawi, Rwanda, Tanzania, Uganda and Zambia. Though Airtel Money …
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