Uganda Development Bank-funded solar plant will add 20MW to national grid Kampala, Uganda | IAN KATUSIIME | Tucked away in the hills of Mubende in Kyakasa village lies a solar power plant that is part of efforts aimed at powering Uganda’s energy transition. The Xsabo Nkonge power station with its gleaming …
Read More »Robert Skidelsky on Keynes, AI, the future of work, and more
This week, Robert Skidelsky, a member of the British House of Lords and Professor Emeritus of Political Economy at Warwick University talks to Project Syndicate. INTERVIEW | ROBERT SKIDELSKY | Project Syndicate (PS): Last year, you lamented the reversion of contemporary policy discussions to “the age-old standoff between market-based supply-side economics …
Read More »Kenya’s tea export earnings surges as Uganda sees decline despite volume increase
Kampala, Uganda | THE INDEPENDENT & AGENCIES | Kenyan tea industry export earnings surged by 31% to a historic high in 2023, buoyed by an increase in export volumes and a depreciating local currency. The Tea Board of Kenya said that the sector’s earnings reached US$1.22 billion, up from US$940 million …
Read More »UEDCL records a 10.5% surge in revenue to Shs88bn
The company faces numerous challenges such as limited funding,long distances of distribution networks and high energy losses Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has recorded a 10.5% surge in revenue to Shs88.5bn for the year ended June 2023. The company executives revealed during the Annual …
Read More »Latest from Kony case at the ICC
New moves in hunt for LRA warlord COVER STORY | THE INDEPENDENT | At 63 years of age, Joseph Kony; the commander of the Lord’s Resistance Army (LRA) rebels, remains the longest running fugitive from the International Criminal Court (ICC) in The Hague. But his days on the run could end …
Read More »Congo’s state of permanent crisis
Why the deployment of international forces without addressing internal problems will achieve nothing. THE LAST WORD | Andrew M. Mwenda | There is “fresh” fighting in the eastern Democratic DRC between government forces and the predominantly Tutsi rebel group, M23. I put fresh in inverted comas because DRC has been at war almost …
Read More »Ecowas develops ’30 by 30′ plan
The sub-region is first to protect 30% of its terrestrial and inland water areas and 30% marine and coastal areas COMMENT | IZIAK SALAKO | Just over one year ago, the world came together to agree upon a landmark new deal for nature. The Kunming-Montreal Global Biodiversity Framework (K-M GBF) was …
Read More »Cracks in the new gilded age
Why modern day Rockefellers have even greater influence over our economies than in the original Gilded Age COMMENT | NABIL AHMED | The past 12 years have been extremely good for the ultra-rich. The fortunes of billionaires a group comprising the 2,640 wealthiest people on the planet, most of whom are …
Read More »Economic possibilities for our overworked grandchildren
Why settle for a single TV when you can work harder and install screens in every room and in the car? COMMENT | KAUSHIK BASU | In 1930, John Maynard Keynes published his short essay “Economic Possibilities for Our Grandchildren,” in which he outlined his vision of a future global economy …
Read More »Cipla Quality Chemical Industries changes name
Kampala, Uganda | THE INDEPENDENT | On Feb.22, in a notice, Emmanuel Katongole, the Chairman and Co-Founder Quality Chemical Industries Limited announced the changes saying the announcement is made pursuant to Rule 36(2) of the Uganda Securities Exchange Listing Rules 2021. “Quality Chemical Industries Limited wishes to notify its shareholders and …
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