China is positioned to gain from significant constraints to accelerating and diversification of intra-Africa trade COMMENT | JONATHAN MUNEMO | The African Continental Free Trade Area (AfCFTA) intends to promote regional trade integration in Africa, which can play an important role in accelerating sustained growth and reducing poverty on the …
Read More »The environment and Uganda’s oil activities
It is a delicate balancing act of development of the oil and gas projects and impact on other sectors of the economy COMMENT | YUSUF MASABA | In the recent past, a host of countries; especially those from the West, have announced major commitments to significantly cut the carbon …
Read More »Revisiting Entamu, Esefuliya, Essepiki: A gendered installation
Dr. Kirumira opens up conversation on the subject of womanhood in traditional social settings Kampala, Uganda | DOMINIC MUWANGUZI | A home is traditionally a multifaceted environment where a lot happens. In traditional African society, a home was a space where knowledge was passed on from one generation to the …
Read More »Uganda and Afghan refugees
Uganda’s temporary accommodation of 2,000 Afghanistan refugees underscores the reputation Uganda has of being progressive, says Dr Evan Easton-Calabria, from the Refugee Studies Centre, University of Oxford When did Uganda start hosting refugees? Uganda has a long history of hosting refugees. This started in the early 1940s with Polish refugees …
Read More »Ramathan Ggoobi’s big plan for the economy
Can he achieve it when the economy is still grappling with COVID-19? Kampala, Uganda | THE INDEPENDENT | Ramathan Ggoobi, the new Permanent Secretary at the Ministry of Finance/ Secretary to the Treasury (PSST) is promising to design and improve on a number of policies to achieve an all-inclusive economy. …
Read More »I&M Group profits up 33%
Orient Bank’s acquisition in Uganda expands its balance sheet by Shs753 billion Kampala, Uganda | ISAAC KHISA | Regional lender, I&M Group PLC has recorded 33% growth in profit after tax to Shs134.6billion for 2021 half year period ended June.30. Its net interest income grew by 28% to Shs 285.2 …
Read More »No dividend for Cipla shareholders
The company’s trading price has tumbled to less than Shs100 per share, down from Shs 256.5 IPO level Kampala, Uganda | ISAAC KHISA | Shareholders of drug maker, Cipla Quality Chemicals Ltd will not earn a dividend for the second consecutive year even after reporting a more than 50% drop …
Read More »Private sector firms report improved business activities
Growth is attributed largely to government’s move to relax second lockdown measures Kampala, Uganda | JULIUS BUSINGE | The business community has reported an improved business environment that has seen them somewhat recover from the negative effects of the 42-day lockdown, according to a monthly survey report sponsored by Stanbic …
Read More »China’s presence in Africa
Beijing’s outreach is largely driven by the desire for support on the international stage from the continent’s 54 countries | THIERRY PAIRAULT | For all the talk of China’s growing presence in Africa, its economic engagement is surprisingly limited. In 2020, Africa accounted for 4 percent of China’s trade with …
Read More »Missing Lumbuye and Uganda’s social media woes
Opposition fear foreign-based critics could become new targets of government following disappearance of notorious Turkey-based vlogger Kampala, Uganda | IAN KATUSIIME | The Independent recently held a very revealing interview with the Attorney General, Kiryowa Kiwanuka, on the whereabouts of Fred Kajjubi Lumbuye; the missing critic of the government and …
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