Light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life are the Bank’s High 5 operational priorities Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Development Bank Group, will boost its financing capacity by over 70 billion USD as it unveils a …
Read More »Africa to spend $75 billion on debt interest, AfDB says
Debt chokes Africa’s ability to meet more pressing needs ANALYSIS | AGENCIES | African nations will spend $75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the African Development Bank. In addition, the countries will require …
Read More »Researching HIV in children
Local experts focus on international research findings to study effect of treatment interruptions Kampala, Uganda | PATRICIA AKANKWATSA | Researchers in Uganda are making significant strides in the fight against pediatric HIV. Leveraging data from the International Maternal, Pediatric, Adolescent AIDS Clinical Trials (IMPAACT P1115) study, they are exploring the complexities …
Read More »New ‘game-changer’ HIV drug sought for Africa
More than 300 politicians, health experts and celebrities on Thursday called for US pharmaceutical giant Gilead to allow cheap, generic versions of a promising new HIV drug to be produced so it can reach people in developing countries most affected by the deadly disease ANALYSIS | AGENCIES | The drug lenacapavir …
Read More »Now Stanbic’s “Oli Sorted” Campaign offers 100% home financing
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has unveiled its new “Oli Sorted” campaign, offering Ugandans 100% home financing alongside a variety of other financial solutions. This 90-day initiative, timed with the back-to-school season, allows parents to borrow up to Shs 350 million in unsecured personal loans for school fees …
Read More »Symbolism on canvas
A group exhibition by undergraduate students of Kyambogo navigates everyday themes with the allegorical technique ART | DOMINIC MUWANGUZI | It has become an annual tradition for Tadooba gallery to showcase the works of undergraduate students of Fine art from Kyambogo University as a motivation for their breakthrough in the now …
Read More »America’s doublespeak in East Africa
Why is Uganda punished and Kenya rewarded? NEWS ANALYSIS | IAN KATUSIIME | “I am a God fearing man. Even though we respect the court, our religion, traditions, law and customs do not allow for women to marry fellow women, nor for men to marry fellow men.” There was more. “We …
Read More »‘Weakened’ Speaker Among faces humiliation from MPs
Censure of Parliament Commissioners is a direct attack COVER STORY | IAN KATUSIIME | The month of May has been a tough one for Speaker of Parliament Anita Among as she battled pressure from powerful quarters including President Yoweri Museveni, the U.K. and the U.S. governments. On top of that …
Read More »Dr Mugisha: We support targeting of individuals, not blanket sanctions
INTERVIEW | FRANK MUGISHA | May 29, 2024, marked exactly one year since the Anti-Homosexuality Act (AHA) became law. It has been globally criticised for marginalising the minority community, including Dr Frank Mugisha, who has petitioned the Supreme Court to quash it. Mugisha is internationally known for his advocacy as a …
Read More »MTN Uganda sells unsold shares from undersubscribed 2021 IPO
Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda, is selling more than 1.5 billion ordinary shares, originally unsold during the initial public offering (IPO), to the public at the current market price of UGX 170 per share. Each investor must purchase a minimum of 1,400 shares. This secondary offer, …
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