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In The Magazine

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ARTS: True value of Ugandan art abstract

A painting by Austrian artist Gustav Klimt recently became the third most expensive artwork ever sold at auction in Europe. `Bauerngarten’, Gustav Klimt’s exuberant 1907 oil painting of a garden filled with poppies, daisies, and other flowers, sold for £48 million (Approx Shs212 billion) at Sotheby’s auction of Impressionist, Modern …

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Rwanda to share RWf53bn conservation award

Rwanda is set to benefit from a US$65 million (Approx. Rwf53 billion) from the Wyss Foundation given to African Parks to bolster conservation several countries. The funds will go toward African Parks’ management of Liwonde National Park, Majete Wildlife Reserve and Nkhotakota Wildlife Reserve in Malawi, Akagera National Park in …

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ARTS: Different But One 21

Innovation through collaboration  By Dominic Muwanguzi An exhibition by Makerere Art lecturers is bound to evoke excitement – after all these are the elite of the modern and contemporary art scene in Uganda.  However, the excitement goes a notch higher when it is the annual `Different But One’ exhibition now …

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BUSINESS: Declining interest rates

Bank managers explain recent cuts to 20% average   Effective this month most commercial banks started charging lower interest rates on flexible existing and new loans with analysis indicating about 20% is the new average industry rate compared to around 23% a period before. The move is expected to boost uptake …

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RWANDA: Another look at tourism

Red Rocks to host Seeds of Hope Festival By Joseph Ondiek Rwanda is famous for its compelling tourist attraction, the most conspicuous one being gorilla trekking. And Musanze district in the Northern Province; the most mountainous district comprising the largest part of the Volcanoes National Park, is home of most …

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