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In The Magazine

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THIS WEEK: Tycoon Shumuk fraud file goes missing

Kampala, Uganda | THE INDEPENDENT | Kampala tycoon Shukla Babubhai Mukesh was last week charged with fraud and now his file has gone missing from police, reports say. Mukesh commonly known as Shumuk is the boss behind Shumuk Aluminium Industries and was facing 13 counts ranging from forgery, uttering false …

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The weight is over!

One kilogram is being redefined – a physicist explains Kampala, Uganda | KEVIN PIMBBLET | How much is a kilogram? 1,000 grams.2.20462 pounds. Or 0.0685 slugs based on the old Imperial gravitational system. But where does this amount actually come from and how can everyone be sure they are using …

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Uganda’s banking sector looks brighter

Kampala, Uganda | ISAAC KHISA | The country’s banking industry recorded a sluggish profit growth in 2017 but it projects a positive outlook a head. Fabian Kasi, the managing director of Centenary Bank spoke to The Independent’s Isaac Khisa about the industry’s growth prospects. Ashead of one of the country’s …

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COMMENT: Central bank under attack

Central-bank independence is often fetishised but a central bank without political support suffers  COMMENT | Eswar Prasad | Indian Prime Minister Narendra Modi’s government has launched an all-out political assault on the Reserve Bank of India, and the barrage of criticism is already taking a toll on the institution.This is …

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