Company expects more revenue from government’s free connection policy Kampala, Uganda | JULIUS BUSINGE | Power distributor, Umeme Limited recorded a 70% jump in profit after tax for the year ended December 2018 compared to the previous year. This came after the company settling a conflict regarding a specific clause …
Read More »Behind dfcu’s 52% decline in net profit
Top managers are optimistic the future of the business is bright Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu would be happier if the bank’s financial accounts showed a decline in costs and increase in revenue. This is not the case for the financial year 2018. However, dfcu’s …
Read More »Remaking Africa’s tax system
A digital overhaul of Africa’s tax system is needed to boost revenue collection, regional coordination and financing, Adam Elhiraika, Director of Macroeconomic Policy at the Economic Commission for Africa says in conversation with Shoshana Kedem during the recently Conference of African Ministers of Finance, Planning and Economic Development in Marrakech, …
Read More »INTERVIEW: 40-year Moshi lessons for younger Ugandans
Moshi teaches us that anybody with a simple gun must never be allowed to take over power when they have no idea on how to use it – Kabwegyere Prof. Tarsis Kabwegyere was the convener of the Moshi conference held in March 1979 in Moshi, Tanzania . Its agenda was …
Read More »How ‘unity’ died in Uganda
Remembering the Moshi Spirit of the 1979 liberation war Kampala, Uganda | THE INDEPENDENT | This week marked 40 years since a combined force of armed groups of Ugandan exiles under the Uganda National Liberation Front/Army (UNLF/A) and the Tanzania Peoples Defence Forces (TPDF) toppled the government of then-president of …
Read More »Uganda’s storm in a teacup
How our MPs invented a scandal around Uganda Airlines’ shares and our chattering elites joined the chorus THE LAST WORD | ANDREW M. MWENDA | Those who can make you believe absurdities can make you commit atrocities,” Voltaire Last week, our parliamentar- ians alleged that some unscrupulous ministers had stolen …
Read More »Museveni succession
Why NRM doesn’t want to talk about it Kampala, Uganda | HAGGAI MATSIKO | In 2021 when Uganda goes to the next polls, President Yoweri Museveni will be 77 years. At the next polls in 2026, he will be 82 years and possibly one of the oldest state leaders in …
Read More »IN THE INDEPENDENT: Museveni succession
Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY Museveni succession: Why NRM doesn’t want to talk about it THE LAST WORD Uganda’s storm in a teacup: How our MPs invented a scandal around Uganda Airlines’ shares and our chattering elites joined the …
Read More »Museveni, Fenix International discuss energy access
A team from Fenix International, held a discussion with President Museveni at State House Nakasero. Fenix International, is a next-generation energy company and subsidiary of ENGIE which operates in 5 countries across Africa. Kampala, Uganda | THE INDEPENDENT | Fenix relocated global headquarters from San Francisco, U.S. to Kampala in …
Read More »Uganda welcomes Kenya land deal in Naivasha
Traders in Uganda were excited by the offer of land from President Uhuru Kenyatta to Uganda to build a dry port for its cargo in Naivasha, Kenya. Kampala, Uganda | THE INDEPENDENT | Kenyatta made the pledge during a three day state visit hosted for his Ugandan counterpart Yoweri Museveni …
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