As COVID-19 lockdown measures hit agriculture, construction and industry Kampala, Uganda | JULIUS BUSINGE | For the first time since February, the headline Stanbic Bank Purchasing Managers’ Index (PMI) crossed into positive territory recording a reading of 50.3 during July, up from 46.5 in June. This is a significant recovery …
Read More »Umeme, Stanbic dominate trading at USE in Q2
Market executives anticipate good performance as COVID-19 threat is minimized Kampala, Uganda | JULIUS BUSINGE | Trading in the second quarter of 2020 at the Uganda Securities Exchange registered a tremendous decline as Uganda’s equity markets continued to feel the impact of COVID-19 pandemic, according to the quarterly bulletin for …
Read More »Government yet to grant Tullow sale of Ugandan assets
Uganda is yet to approve the multi-trillion shilling deal involving Total E&P and Tullow Oil since the two firms announced their planned transaction, three months ago. Kampala, Uganda | RONALD MUSOKE | In a statement delivered via a webinar during the national content supplier workshop on Aug.5, Total E&P Uganda …
Read More »War over water?
Plans for a dam across the Nile triggered a war in 1956, the Great Ethiopian Renaissance Dam recalls that history | MIKE MULLER | Over the past decade, observers have watched with trepidation as tensions increased between Egypt and Ethiopia over the construction of the Great Ethiopian Renaissance Dam on …
Read More »What universities produce and what employers expect
Here is how to narrow the gap between them | ANGELO FYNN | Higher education is usually seen as a way for individuals and families to improve their economic status. Research shows, though, that graduates can remain unemployed for up to a year. In developing countries, in particular, the labour …
Read More »Beirut Blast shockwaves
They will be felt by Hezbollah for a long time | ZVI BAR’EL | Massive damage could reopen public debate on storing weapons in population centers as port shutdown comes at a time when Lebanon needs every dollar Cellphone videos of horrifying scenes from the Aug.04 explosion at the port …
Read More »If African governments won’t act, the people will
With frustration rising over haphazard responses to the coronavirus, community networks are filling the void across the continent | ANDREW GREEN | On April 14, Ugandan President Yoweri Museveni announced he was adding three weeks to the country’s initial two-week lockdown. The restrictions were among the strictest on the continent—dusk-to-dawn …
Read More »The Beirut blast
And Lebanon’s deeper crisis | ISHAAN THAROOR | How much can a country bear? National leaders of all stripes love to extol the toughness and courage of their people. But in many instances it’s a truism that does nothing to address the reasons these people have to constantly muster such …
Read More »NUP’s biggest dilemma
Why Bobi Wine’s new party will find it even more difficult to defeat Museveni in 2021 compared to FDC in 2006 | THE LAST WORD | ANDREW M. MWENDA | This week, the National Unity Platform of Robert Kyagulanyi aka Bobi Wine launched itself with two defections of NRM MPs …
Read More »Poll says Museveni wouldn’t win election
But how accurate is that poll? Kampala, Uganda | HABATI MUBATSI | As expected ahead of the 2021 general elections, political polling is back. Research World International (RWI), which is Uganda’s main polling firm, has released its latest survey of the population on a range of issues economic and social …
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