How limited exposure limits producers of culture When artist Maria Kizito of the Makerere art school returned to Uganda in 2005 from Ireland with a PhD in studio practice, he sought to overturn the prevailing mundane formal techniques of art expressions that he found boring, untenable and simply antiquated. But …
Read More »VIDEO: President Museveni pledges to bailout struggling companies
NBS: President Yoweri Museveni has finally broken the silence on the much talked about financial bailout of struggling companies insisting consideration will be given to companies that lost money in business transactions with the government of South Sudan. The president also revealed that companies that supplied government departments and have …
Read More »BOU’s Kasekende speaks on economy
Deputy Governor of Bank of Uganda Louis Kasekende answered questions from The Independent’s Ian Katusiime about the bank’s upcoming golden jubilee anniversary and other economic issues. Bank of Uganda (BoU) is marking 50 years. Looking back, what does this mean for BoU? This anniversary gives the Bank of Uganda …
Read More »Central banks need to do something about market failures
Role of central banks: Kasekende caught between bulls and bears Central banks need to do something about market failures. The question is what? That was the focus of discussion at the Bank of Uganda organised debate on `The Role of a Central Bank in a Market Oriented Economy’ on July …
Read More »We are not dishing bailout money – NSSF reassures
National Social Security Fund boss Richard Byarugaba has rubbished media reports that the institution would be providing a mind-boggling 1 trillion shillings to for an impending bailout of selected business moguls. The nation is grappling with tail-spinning details that emerged of President Museveni spearheading a life-saving campaign for heavily indebted …
Read More »Sudhir explains businesses losing property to banks
One of Africa’s richest men, Kampala property mogul Sudhir Ruparelia says no bank is interested in taking the property of a client who defaults on a loan. In an exclusive interview, Sudhir told The Independent that when clients default on loans and banks are forced to foreclose, there are usually …
Read More »Durban conference highlights journey to ending HIV
Is Uganda on course? For the second time in 16 years, the International AIDS conference was held on the African continent. From July 18 to 22, the conference brought together over 18,000 HIV/AIDS researchers, policy makers, members of the civil society and people living with the disease in the South …
Read More »VIDEO: Besigye cleared and arrested again
NBS: Former Forum for Democratic Change presidential candidate, Rtd Col. Dr. Kizza Besigye was re-arrested Monday morning and detained at Jinja road police station. Besigye was arrested while on his way from Makindye Magistrate’s court, where a case of disobeying lawful orders against him and Kampala Lord Mayor Erias Lukwago …
Read More »VIDEO: Kyankwanzi cabinet retreat starts
NBS: Cabinet ministers and Permanent Secretaries left for a one week retreat at the National Leadership Institute Kyankwanzi that will address issues of service delivery in the country. Others called to attend the retreat are members of the ruling NRM’s Central Executive Committee who will orient the new Cabinet in …
Read More »Uganda ends World U-20 athletics championships in 38th place
Albert Chemutai finished 7th in the final event involving Ugandans at the World U-20 Championships in Bygdgoszcz, Poland today. The 3000m steeplechase was won by Amos Kirui of Kenya in 8:20.43 with Chemutai clocking 8:37.76 The result means Uganda returns home with one medal, a bronze won by Jacob Kiplimo in …
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