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 …
Read More »THIS WEEK: Parliament rejects zoning as sugar bill is passed
Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Sugar Bill that seeks to regulate the industry. In the new piece of law passed on Nov. 23, the MPs rejected a government proposal to provide operating zones for mills which they had put at a distance of 25kms apart. …
Read More »IN THE INDEPENDENT: Why Bagyenda defied parliamentary probe
Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE INDEPENDENT. COVER STORY Justine Bagyenda: Why former BoU supervision director defied parliamentary probe THE LAST WORD Uganda’s performance paradox: How Museveni behaves like his critics in undermining the credibility of his own government. NEWS ANALYSIS …
Read More »GLOBAL COMMENT: Electrifying Africa’s labour
One-fifth of the 25 million new jobs AfD Btargets for youth in Africa could come from off-grid solar COMMENT | Mugo Kibatiand and Gilles Vermot Desroches | Africa is on the verge of an unemployment crisis portending profound economic, political, and social ramifications. But the crisis can be averted, and …
Read More »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 …
Read More »COMMENT: NEMA shouldn’t approve Tilenga Project ESIA as it is
COMMENT | GARD BENDA | On Nov. 12, hundreds of people turned up at the headquarters of Buliisa and Nwoya districts to participate in the public hearing for the Tilenga Project Environment and Social Impact Assessment (ESIA) study done by AECOM Uganda Ltd on behalf of the Tilenga Project partners. …
Read More »We are totally in favour of national dialogue, says Belgian ambassador
Kampala, Uganda | RONALD MUSOKE | This year, Uganda and Belgium are celebrating 20 years of cooperation. Hugo Verbist, the Belgian Ambassador to Uganda, talked to The Independent’s Ronald Musoke about the bilateral cooperation. This year, Belgium and Uganda are celebrating 20 years of bilateral relations. What has been the …
Read More »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 …
Read More »Vaolah Amumpaire on running an online hardware store
Kampala, Uganda | AGNES E NANTABA | Vaolah Amumpaire is a marketeer and the brain behind Wenahardware.com, a multi vendor e-commerce platform for building and construction materials. She says she got to establish an online hardware store from disappointments caused by dishonest people who fail to building and construction materials …
Read More »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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