New report shows why changing leaders doesn’t change politics in Africa Kampala, Uganda | THE INDEPENDENT | Leadership change results in an initial wave of optimism. But ongoing political challenges and constraints mean that it is often a case of “the more things change the more they stay the same. …
Read More »Uganda’s addiction to borrowing
Why our country continues to take more and more loans and what this means for the economy THE LAST WORD | ANDREW M. MWENDA | Uganda is at a crossroads. Early this year, government passed a budget of Shs32 trillion for the 2020/2021 Financial Year. It also projected to collect …
Read More »Chinese, Ugandans fight over Karuma Dam
Museveni accused of switching sides Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest power project, the 600MW Karuma Hydropower Dam on River Nile, appears to be in trouble amidst allegations of shoddy works, breached contracts, verbal fights, and even accusations of sabotage. In the fight, the Chinese contractors, Sinohydro Corporation …
Read More »IN THE INDEPENDENT: Chinese, Ugandans fight over Karuma
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Chinese, Ugandans fight over Karuma Dam: Museveni accused of switch sides THE LAST WORD Uganda’s addiction to borrowing: Why our country continues to take more and more loans and what this means for …
Read More »The Catholic challenge
The French Revolution toppled the authority of the Catholic Church; many yearn to restore it COMMENT | IAN BURUMA | In his quest for the secret of U.S. democracy in the 1830s, the French aristocrat Alexis de Tocqueville reflected on the important role played by religion in American life. Having …
Read More »Herd immunity won’t defeat COVID-19
Studies have shown that our immunity to coronaviruses is alarmingly short-lived and quick to fade COMMENT | WILLIAM A. HASELTINE | During a September 15 ABC News “town hall”-style event, U.S. President Donald Trump told host George Stephanopoulos that without a vaccine, COVID-19 would still “go away.” Over time, Trump …
Read More »Pearl Dairy 5 year growth projection
New markets, increased consumption, and stable EAC economy will boost returns, company executives say Kampala, Uganda | JULIUS BUSINGE | Executives at Pearl Dairy Farms Limited expect a boom in business in the next five years supported by an increase in milk consumption, new markets and the easing of trade …
Read More »Come to the stock market for capital
Uganda Securities Exchange tells manufacturers recovering from COVID-19 pandemic stress Kampala, Uganda | JULIUSÂ BUSINGE | As manufacturers weather the tough times caused by COVID-19 lockdown and related restrictions, executives at the Uganda Securities Exchange say, doors are open for raising capital to reboot business activities. Speaking on behalf of …
Read More »Can MTN’s new CEO fix current troubles?
The South African telecom firm plans to refocus on Africa and mobile money | THE INDEPENDENT | MTN Group’s new CEO Ralph Mupita is expected to manage by capitalising on technological growth and demographic dividends within Africa to cement its position as the continent’s largest telecom services provider. He comes …
Read More »Japan gives Uganda exports zero tariff and zero quota
Kameda Kazuaki, the outgoing Japanese Ambassador to Uganda spoke to The Independent’s Ronald Musoke about his four year stay in the country. You are leaving Uganda after close to four-and-half years. What are some of the memories you carry back home? Uganda is such a nice country to live;especially when …
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