Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …
Read More »Tony Elumelu Foundation to pay out US$24.75million to African entrepreneurs as seed capital
296 Ugandan entrepreneurs are among the lucky beneficiaries | THE INDEPENDENT | Uganda’s 296 entrepreneurs will each receive US$5,000 non-refundable seed capital as part of the Tony Elumelu Foundation’s initiative to empower African entrepreneurs across the continent. The beneficiaries who include 212 female and 84 male are part of the …
Read More »Terror attacks vs economic recovery
Economic recovery could be negatively impacted but that will depend on how the government handles the situation, experts say | THE INDEPENDENT | Uganda’s economic recovery could backtrack due to the current terror threats and compounded Covid-19 hit, but experts believe, the government can still manage the situation. The country …
Read More »Nigeria’s digital currency
What the eNaira is for and why it’s not perfect Nigeria recently became the first African country to introduce a digital currency. It joins the Bahamas and the Eastern Caribbean Central Bank in being among the first jurisdictions in the world to roll out national digital currencies. The Conversation Africa’s …
Read More »INTERVIEW: Africa’s first mRNA vaccine
Technology transfer hub gets to work The World Health Organisation (WHO) and the COVID Vaccines Global Access (COVAX) initiative announced in mid-2021 that they were working with a consortium to establish the first COVID messenger RNA (mRNA) vaccine technology transfer hub on the African continent, in South Africa. The Conversation …
Read More »COVID cost for children
What happened when they stopped going to school? | CONRAD HUGHES | The COVID-19 pandemic has disrupted schools and universities across the world. UNESCO figures state that the worldwide average time lost due to COVID-19 related school closures has been two thirds of an academic year. In Africa there have …
Read More »Mixed emotions as COP26 ends
But can Glasgow Climate Pact speed up pace of climate action? Kampala, Uganda | RONALD MUSOKE | On Nov.13, as thousands of climate scientists, diplomats, senior government officials, civil society activists, bankers and fossil fuel executives exited Glasgow, almost a day after the COP26 was scheduled to end, many left …
Read More »Why Rwenzururu king is not free yet
Talks between Kingdom officials and the government bear fruit but detractors remain Kampala, Uganda | MUBATSI ASINJA HABATI | On November 27, 2016 Omusinga (king) Charles Wesley Mumbere, the cultural leader of Rwenzururu Kingdom, and hundreds of his subjects were arrested after a Uganda military assault on his palace …
Read More »Uganda under attack
Twin bomb blasts in city centre leave country on edge Kampala, Uganda | IAN KATUSIIME | Where does the nation go from here? Many seemed to ask. Two bomb blasts in the heart of Kampala brought back the sad memories of the 2010 bomb attacks that killed 76 Ugandans enjoying …
Read More »The strategy of fighting ADF
How to handle the new wave of terrorism without helping terrorist achieve their political objectives THE LAST WORD | ANDREW M. MWENDA | On Tuesday, terrorists struck again exploding bombs that killed three innocent bystanders (may their souls RIP) and three people carrying the bombs. The initial suspicion was that …
Read More »