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In The Magazine

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Uganda buys Chinese arms for war on ADF

A partnership between the UPDF and one of China’s largest defence contractors could upset allies America Kampala, Uganda  | IAN KATUSIIME | On Nov. 30, the Ugandan army alongside the Democratic Republic of Congo (DRC) Forces (FARDC) launched joint air and artillery strikes against camps of the Congo-based Uganda rebels …

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Christmas road carnage

430 people died in road accidents last December. ‘Fika Salama Extra’ launched News Analysis | RONALD MUSOKE | Minister of Works and Transport, Gen. Edward Katumba Wamala, wants Ugandans travelling to their upcountry homes for the end of year festivities to do so cautiously. He is one of many leaders …

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Caring for the mentally ill

Focused on peer support yields positive results | MICHELLE M. SCHWAB | In many regions of Africa, traditional healers have treated all illnesses, physical and mental, for centuries. As the prevalence of mental illness continues to rise in Uganda, western influence impacts how those with a mental illness can access …

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UEGCL records Shs92bn net profit in FY2020/21

Profitability included Shs71bn from foreign exchange gains on Isimba loans Kampala, Uganda | THE INDEPENDENT | “We yet congratulate ourselves upon the completion of another financial year in which despite the continued Covid-19 disruptions, we were able to make headway as a company,” Eng. Harrison Mutikanga said in his statement …

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BoU to issue guidelines on green financing

It plans to integrate climate change related risks in analysing micro and macro-economic conditions Kampala, Uganda | ISAAC KHISA | Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve sustainable development. Hannington Wasswa, the director commercial …

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MTN Uganda’s new journey

The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …

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