By Julius Businge Stanbic Bank Uganda Limited, Uganda’s largest commercial bank has recorded sh130bn profit after tax for the year ended December 2012 up from sh121bn a year earlier, the Bank’s financial results released on March 18 reads. The Bank’s expenditure however, increased from sh267bn for the year ended December …
Read More »Inside Museveni’s military machine
By Haggai Matsiko How the UPDF has become a continental billion dollar powerhouse Michael Pelletier, the Deputy Assistant Secretary for Public Democracy for the Africa Bureau has told The Independent that President Yoweri Museveni’s role in finding African solutions for African problems is becoming globally recognised. As a result, Pelletier …
Read More »Kenya’s high-tech fiasco
By Alan Ssempebwa How the electoral commission messed up the vote count Ever wondered what happened to your ballot after you dropped it into a ballot box at an election? To paraphrase Joseph Stalin, it’s not the people who vote that count; it’s the people who count the votes. Stalin …
Read More »The aristocracisation of Kenya politics
By Andrew M. Mwenda How the electoral process in Kenya produces powerful political families that use identity to wield power Many factors may have influenced the 2013 election in Kenya. But three of these stand out. The first is the influence of political families who have held sway over Kenya’s …
Read More »Total offers scholarships to students from oil districts
By Ronald Musoke Total E&P Uganda, one of the three major oil companies heavily involved in oil prospecting and production in the country has offered up to 20 scholarships to students from the oil districts of Nwoya, Buliisa, Nebbi and Masindi where the French company currently has operations (Exploration Areas …
Read More »More public debate needed on GMOs
By Ellady Muyambi Those who enjoy local chicken and other traditional African dishes should be saying bye-bye to them The government passed the National biotechnology and Biosafety Policy in 2008 and is now in advanced stages of passing the Biotechnology and Biosafety Bill, 2012 commonly known as the GMO law …
Read More »The dirt on plastic waste
By Marino Xanthos Current usage patterns of so-called `petroleum-based commodity thermoplastics’ are not sustainable Plastics are everywhere. Whether used to store leftovers, keep hospital equipment sterile, or insulate a home, plastics are unmatched for their adaptability, durability, and low cost. Given their seemingly boundless benefits, it is unsurprising that plastics …
Read More »How Muhoozi can succeed his father
By Kavuma-Kaggwa With his military background assured, it is only the democratic political plan missing for him to climb to the top Since the meteoric rise to the military rank of Brigadier General in Uganda’s National Army, the son of President Yoweri Museveni, Brig. Muhoozi Kainerugaba, is now the topic …
Read More »The Mukula case was complex – Baku
By Julius Odeke Raphael Baku whose contract as deputy Inspector General of Government ended in February spoke to The Independent’s Julius Odeke about the challenges of the office and his plans for the future. What was the most challenging issue for you when you were the Inspector General of Government …
Read More »Besieged banker
By Joan Akello UDBL’s Sejjaaka under siege as Kampala’s lone development bank faces financial squeeze The Uganda Development Bank Ltd has been ailing for decades. But even by its own poor record, something that happened after 2009 marked a new low. The bank’s profit for the year dropped from Shs11 …
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