Telecommunication giant MTN Uganda this week launches yet another ground-breaking product. The initiative, dubbed MoKash, which is being set up in partnership with Commercial Bank of Africa (CBA), will benefit all registered MTN Mobile Money subscribers who will be able to take small loans in a matter of minutes. What makes …
Read More »Hepatitis: Ignored killer
Patients go without drugs as billions are spent on vaccines World Hepatitis Day was marked on July 28 under the theme, `Know hepatitis Act now’. It was designed to focus this year’s activities on increasing global awareness and strengthening prevention, diagnosis, and treatment services around the world. The increased focus …
Read More »Uganda’s much-discussed bailout
On March 31 2016, the total value of all loans in Uganda’s commercial banking industry was Shs21.7 trillion of which Shs528 billion were non-performing loans (or “bad loans”) i.e. 2.64% of the total. Under the effective oversight of Bank of Uganda, especially its director for supervision; Justine Bagyenda (known in …
Read More »Kayihura in trouble over brutality
Will Museveni back or sack police chief? On July 12, dozens of police officers assisted by militia goons pounced on jubilating supporters of de facto opposition leader Kizza Besigye in downtown Kampala city and clobbered them with sticks and metallic cables, and even run over one man with a police …
Read More »ART: Diving into the deep
History in Progress Uganda (HIPU), the historic photograph collecting and publishing team has published yet another archive. Once again it is from St. Mary’s College Kisubi, one of the most prestigious schools in Uganda, writes Dominic Muwanguzi. Titled ` Dive into the Deep: Ebifananyi 6’, it is a sequel to …
Read More »Mystery of the coco de mer
As an artist in the Seychelles, the seed of a palm tree called the coco de mer or `coconut of the sea’ found in this idyllic cluster of islands of 93,000 people, never ceases to fascinate me. It is huge and strangely formed of two domed parts that, depending …
Read More »Gladys Zikusooka: Uganda’s first vet doc for the wild
Visiting Dr. Gladys Kalema Zikusooka’s office in Entebbe one quickly gets a sense of what her work is about. A life-size gorilla sculpture stands by the front door under a porch lined with beautifully made stools with pictures of gorillas. Zikusooka, who is Uganda’s first Veterinary doctor to specialize in …
Read More »In The Independent: IGP Kayihura in trouble over brutality
COVER STORY: IGP Kayihura in trouble over brutality How unrelenting police brutality has increasingly put Gen. Kale Kayihura’s job as Police chief on the line with Parliament, security officers and the general public putting President Museveni’s trusted lieutenant in the line of fire. LAST WORD: Uganda’s much discussed bail-out …
Read More »Uganda pension assets up 25%
Pension sector assets topped Shs 6.5 trillion in 2015, a new report by the Uganda Retirements Benefits Regulatory Authority (URBRA) has shown. URBRA CEO David Nyakundi told journalists that the increase in the assets was attributed to the improving quality of governance in both public and private schemes in the …
Read More »NSSF’s stock market woes
2015/2016 has not been a good year for investors in listed companies on the Uganda Securities Exchange (USE). Given that the National Social Security Fund (NSSF) is the biggest holder of shares in locally-listed companies, there is anxiety. Some 21% of NSSF’s total value is in equities, with 73% …
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