In a society where art appreciation is understood to be a preserve for the rich and white expatriate community, producing at with familiar themes enables the locals to consume it Kampala, Uganda | DOMINIC MUWANGUZI | In a small studio in Najjera, on the outskirts of Kampala, Bernard Omony is …
Read More »PostBank net profit up 16.7%
Supported by earnings on deposits, loans, fees and commission Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda has reported an increase in profit after tax from Shs8.3bn in 2019 to Shs10bn in 2020 amidst the COVID-19 pandemic crisis. According to its financial results released on May 03, …
Read More »Ugandan firms eye contracts as first oil approaches
After years of delay, multinational oil development in Uganda looks set to go ahead, but will local suppliers be able to reap a fair share of the business? | LIAM TAYLOR | In the 1990s Edward Kabuchu and his brother were mining tungsten in western Uganda when they were approached …
Read More »Kenya’s I&M completes majority acquisition of Orient Bank
What it means for clients and banking sector Kampala, Uganda | JULIUS BUSINGE | Kenya’s I&M Bank has completed the majority acquisition of Orient Bank Ltd from 8 miles LLP and Morka Holdings Limited, executives said on April.30. The Kenyan lender follows the footsteps of DTB, KCB, Equity and NCBA …
Read More »Standard Chartered Bank 2020 net profit down 42%
But, it recorded positive growth in assets and customer deposits amidst coronavirus pandemic threat Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank has reported a dip in profit after tax by 42% from Shs124bn in 2019 to Shs72bn in 2020, according to its financial results released on Apr.29. Overall …
Read More »Rwanda’s genocide commemorations
Why they are infused with political and diplomatic agendas RWANDA | ANDRÉ GUICHAOUA | Created in 2003, the National Commission for the Fight Against Genocide is responsible for Rwanda’s genocide remembrance policy. It is a programme that has, over time, influenced all aspects of politics across all sectors. Each year, …
Read More »Pregnant women cry out
Nurses check the progress of an expectant mother’s pregnancy at a hospital in Kampala city. COURTESY PHOTO Civil Society demand vote for maternal and reproductive Health to stop more mothers dying in the labour ward Kampala, Uganda | RONALD MUSOKE | Sylivia Nalubowa was pregnant with twins when she …
Read More »The new religious crusade
How the Christian faith has influenced Western intrusions into other countries to promote democracy THE LAST WORD | ANDREW M. MWENDA | I complained in this column last week about Western efforts to force their ideals, especially democracy, on other countries and societies without any consideration of time, context and …
Read More »Dominic Ongwen’s victims wanted tougher sentence
But why were Ongwen’s victims mourning alone? Kampala, Uganda | RONALD MUSOKE | It should have been marked by wild chants of “justice at last” or even criticism, but the oddest bit about the May 06 International Criminal Court (ICC) sentencing of former Lord’s Resistance Army (LRA) commander, Dominic Ongwen, …
Read More »THE INDEPENDENT: Ongwen victims wanted tougher sentence
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Dominic Ongwen’s victims wanted tougher extension: But why were they mourning alone? THE LAST WORD The new religious crusade: How the Christian faith has influenced Western intrusions into other countries to promote democracy ANALYSIS …
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