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In The Magazine

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Banking industry blues

Analysts urge government on business environment as written off non-performing loans erode bank profits In 2015, Standard Chartered Bank, Uganda’s second-largest bank by assets, saw its profits decline by 75% compared to the previous year. The year was even worse for Crane Bank, the second biggest indigenous bank and the …

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A frank memo to Winnie Byanyima

 Stop faking …. you supported and defended a government that banned all activities of political parties THE LAST WORD by Andrew Mwenda Last week, Oxfam Executive Director, Winnie Byanyima, accused me of losing my soul by “supporting dictatorship” and “defending gross human rights abuses”. This was after she said police …

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Uganda Insurance industry tops Shs 700 bn

Uganda’s insurance industry premiums are expected to grew 20% to Shs733 billion this year on the back of sustainable economic expansion and demographic shifts and new opportunities. Five years ago, the insurance industry in Uganda could barely raise Shs 500 billion in total premiums. Across the border in Kenya, total …

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Court-system gets new humane face

`Chicken thief’ can be both a literal description of a crime and a metaphor of petty crimes often involving poor people. Unfortunately, it is such petty crimes that clog the judicial system and congest prisons. In a judiciary that has fewer judges and magistrates and fewer and poorly distributed courts …

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Uganda starts economic diplomacy

Foreign mission heads to sign new trade charter as concern grows over appointment of political `failures’ Uganda is to introduce a new trade charter for its foreign missions, according to the Chairman of the Parliamentary Committee on Foreign Affairs, Sam Okuonzi. Under the new programme, which is scheduled to start …

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