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In The Magazine

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Umeme share sale

  By Rugaba Agaba Game changer or game over for Uganda? The Independent’s cover: “Inside Umeme shares deal: Energy sector attracts big money, investor makes Shs 200 billion” (Issue 318, May 23, 2014) covered the Secondary Public Offer (SPO) by national electricity distributor, Umeme Ltd. The story insinuated that the …

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2014/2015 budget pain

By Independent Team As Museveni’s election cash is set to flow again The forthcoming 2014/2015 budget is set to Finance Minister Maria Kiwanuka’s first election budget. She faces a common dilemma; uncontrolled public spending on elections, which requires an uncommon response; tough controls, especially on the foreign reserves.  Of course, …

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