By Haggai Matsiko & Andrew Mwenda Karegeya, Nyamwasa split In mid 2013, the Rwanda National Congress (RNC) had scheduled an election for its leaders in South Africa for Aug 8. However, in the weeks preceding the election, the party experienced infighting and consequently the election was postponed. Two camps had …
Read More »Bank of Uganda stays January key lending rate at 11.5%
By Julius Businge The Governor of the Central Bank of Uganda, Prof. Emmanuel Tumusiime Mutebile has today (Jan. 3) announced that they will maintain the policy lending rate-the Central Bank Rate (CBR) at 11.5%, the same as that of December last year after inflationary pressures continued to abate in December, …
Read More »Time to expose the economic parasites
By Henry Zakumumpa How poor African countries unwittingly develop rich western countries About three months ago, the local press was awash with reports of a raging debate in parliament about Uganda’s proposed borrowing from China to build the Karuma hydro power dam. The legislators maintained that this would exhaust Uganda’s …
Read More »Microfinance’s macro potential
By Prashant Thakker With forward-looking regulation and technology, MFIs can provide more access to financial services Microfinance is, at its heart, an effort to provide financial services to people who are not served – or are under-served – by the formal banking system. With appropriate, accessible, and fairly priced …
Read More »Kamya fighting the wrong battle
By Andrew M. Mwenda Uganda needs social reform built around collectivities and not another constitution per se The year 2014 is going to be the year that sets the tone for the 2016 elections. The politician with an argument for the future of Uganda is Beti Kamya. She has been …
Read More »South Sudan’s cowboy
By Independent Team President Kiir clings on to power in wild-west style Salva Kiir Mayardit was a teenager when he first joined the fight for the liberation of his homeland in the 1960s. By 1972 he was a low ranking officer when he joined the Sudanese army under a deal …
Read More »Museveni misfiring on Sudan?
By Independent Team President’s military intervention could spark regional conflict Seven days after fighting erupted in the South Sudan capital Juba, Ugandan army troops landed at the airport and evacuated stranded civilians. The UPDF swift move which also involved securing major infrastructure installations in South Sudan was praised by the …
Read More »South Sudan President rules out power sharing deal
By The Independent Team South Sudan’s government and rebels sent delegates to peace talks in Ethiopia on Tuesday, Ethiopian officials said. Rebel leader Riek Machar told the BBC he will enter peace talks, claiming his forces have captured the key town of Bor. Machar previously demanded 11 detainees accused of …
Read More »KCCA Tribunal report incompetent
By Morris DC Komakech Shows how the NRM’s centrist politics undermines the foundation of national sanity The tension rising now in Kampala over the Justice Catherine Bamugemeriere’s report was expected. The KCCA/Tumwebaze Tribunal manufactured prima facie “facts” of misconduct, abuse of office and incompetence upon which the Kampala City Council …
Read More »East African leaders to meet over South Sudan crisis
By The Independent Team Leaders of Kenya and Ethiopia arrived in South Sudan on Thursday to try and mediate between the country’s president and the political rivals he accuses of attempting a coup that the government insists sparked violence that has threatened to destroy the world’s newest country. Information Minister …
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