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 …
Read More »Behind Uganda’s failing industries
Experts blame ‘weak’ govt, disjointed policies Kampala, Uganda | THE INDEPENDENT | In a new paper titled ‘The political economy of reviving industrial policy in Uganda,’ Pritish Behuria; a Professor in Politics, Governance and Development at The University of Manchester, attempts to explain why Buy Uganda Build Uganda (BUBU), a …
Read More »Oil investments to hit US $15bn
Beehive of activity expected says PAU boss Rubondo Kampala, Uganda | RONALD MUSOKE | The level of investments in Uganda’s oil and gas project is exciting, says Ernest Rubondo, the executive director of the Petroleum Authority of Uganda (PAU). And in 2022, Rubondo says, the government expects close to Shs11 …
Read More »Africa’s politics of fiction
It is incredible how politics in our part of the world is far removed from reality THE LAST WORD | ANDREW M. MWENDA | What determines the governance strategies elites employ in any given country? The philosopher, Karl Marx, argued that the way people organise themselves to solve their basic …
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