Smaller insurers face take-overs from bigger players Kampala, Uganda | ISAAC KHISA | A new push by the regulator to financially strengthen the country’s insurance industry is likely to trigger a wave of mergers and acquisitions as firms race to comply with new minimum capital requirements. The new developments were communicated …
Read More »Wadri’s Arua win
The mistakes of FDC, NRM Kampala, Uganda | FLAVIA NASSAKA | Arua Municipality MP Kasiano Wadri appeared assured of victory from the start. “I have already won this election,” he told The Independent a week into the official threeweeks of campaigning, “I will just need to do a little panel beating …
Read More »The dangers of public opinion
Why the recent state brutality towards opposition politicians and journalists should make us revisit liberal traditions THE LAST WORD | ANDREW MWENDA | The 19th century cartoon character, pot-bellied bourgeoisie Monsieur Prudhomme, carried a large sword with a double intent: primarily to defend the republic against it enemies, and secondarily, …
Read More »Agnes Akite aka Arach on funny Ugandans
Kampala, Uganda | AGNES E NANTABA | Comedian Agnes Akite has recently received heaps of praise from fans after her clip about real life experiences of people who mimic songs and insert own words and the escapades of pregnant women went viral. Like her previous performances, Akite prepared the script to …
Read More »What’s wrong with condom campaign?
Why government officials say you, probably, shouldn’t give your girl a Kiss Kampala, Uganda | FLAVIA NASSAKA | Do you prefer your man sweet like chocolate, fresh like strawberry or classic like ……… You decide! That is according to a new series of adverts which, on TV and billboards, features an …
Read More »ARTS: Don’t miss The Studio
7 art masters in town for Kampala Art Biennale III Kampala, Uganda | DOMINIC MUWANGUZI | Something exciting is happening on the Kampala art scene this August. It is the third edition of the Kampala Art Biennale Biennale. And even more exciting is that the world renowned …
Read More »Cipla to raise Shs168bn in IPO
Kampala, Uganda | ISAAC KHISA | Drug manufacturing firm, Cipla Quality Chemical Industries Limited, hopes to raise at least Shs168.56bn through an Initial Public Offer that opened on August 14-24. The firm that is 62.3% owned by India’s Cipla, is offering 657.17million shares at a cost of Shs 256.5 per share. …
Read More »Stanbic’s half-year earnings remain flat
Bank’s CEO is optimistic that the second half will be better Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has recorded same net profit in the half year of 2018 as it was last year, underscoring how the industry is struggling to grow in the era of low interest rates and …
Read More »ANALYSIS: Betty Aol Ocan
New Leader of Opposition in parliament looks to biblical David for inspiration as daunting task dawns on her Kampala, Uganda | RONALD MUSOKE | Betty Aol Ocan, the new Leader of Opposition in Uganda’s 10th Parliament says her Christian values of honesty, truthfulness, hard work and loyalty will help rally her …
Read More »BT Cotton Opportunity
Local players unhappy with govt’s shelving of biotechnology law Kampala, Uganda | ISAAC KHISA | When confined field trials for insect-resistant and herbicide-tolerant BT cotton started at the National Semi Arid Resources Research Institute (NaSARRI) with support from the US-based Monsanto in 2006, researchers thought farmers would no longer worry of …
Read More »