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In The Magazine

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Nonsense and bad rules persist in banking

Nonsensical analysis, impenetrable jargon, fallacious arguments, and use of inappropriate mathematical models COMMENT | ANAT R. ADMATI | In December, the CEOs of the eight largest banks in the United States participated in a three-hour posturing session before the Senate Banking Committee. It was a disheartening display that showcased the toxic …

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No barbarism without poetry

How poets can bring “normal” people to the point where they would enjoy sadistic spectacles COMMENT | SLAVOJ ZIZEK | When the basic pact that holds society together is crumbling, which appears to be happening worldwide, wild rumours and conspiracy theories proliferate. Even, or especially, when the message is obviously nonsensical, …

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Women body partners with Mastercard Foundation

Kampala, Uganda | THE INDEPENDENT | The Forum for African Women Educationalists (FAWE) announced a new seven-year extension of its partnership with the Mastercard Foundation to build on the success of its decade-long mission to elevate young women and men in Africa. Unveiled at Kampala on April 12 by John Chrysestom …

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New pill for tough high blood pressure

Tryvio (aprocitentan) is approved as an add-on therapy when other blood pressure medicines don’t work well enough on their own ANALYSIS | AGENCIES | The U.S. Food and Drug Administration (FDA) has approved a new type of medicine for people who aren’t able to control their high blood pressure with other …

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Stanbic Business Incubator unveils two programs

Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited (SUHL) has officially flagged off two innovative programs aimed at supporting businesses to access finance, fostering economic growth within Uganda’s dynamic SME sector. Dubbed the Stanbic Accelerator Program (SAP) and the Supplier Development Program (SDP), the two are under the implementation …

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World Bank: African economies projected to grow by 3.4 % in 2024

However, the growth is insufficient to have a significant effect on poverty reduction ANALYSIS | AGENCIES | Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters, and escalating …

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