Kampala, Uganda | THE INDEPENDENT | Speaker of Parliament Rebecca Kadaga has resumed her duties after close to a month’s absence due to illness. Kadaga resumed business by launching the Commonwealth Parliamentary conference website in her boardroom. Kadaga fell ill on March 21st and was first hospitalized reportedly suffering exhaustion …
Read More »Museveni eyes improved trade with Zimbabwe
. Kampala, Uganda | THE INDEPENDENT | Zimbabwe’s President Emmerson Mnangagwa has hailed visiting President Yoweri Museveni as a constant advocate for Africa’s economic emancipation, industrialisation and value addition through the exploitation of the continents resource. Uganda’s President Museveni is in Zimbabwe where he will be the Chief Guest at the …
Read More »Govt decision to recapitalize financial institutions good for economy
Govt plans to boost economy by earmarking Shs 600 Billion in the next financial year specifically to capitalize banks and financial institutions COMMENT | Caroline Kainomugisha | When the financial market is characterized by low financial inclusion, high-interest rates and therefore low investments and growth in the economy, one of the …
Read More »WHO won’t declare DR Congo Ebola an international health emergency
Threat remains of spread to Rwanda, Uganda, South Sudan A meeting of an emergency World Health Organisation Committee (WHO) committee has said the current outbreak of the deadly Ebola hemorrhagic fever in the DR Congo does not constitute a Public Health Emergency of International Concern (PHEIC) even if it has …
Read More »Stanbic’s new revenue stream
The bank is eyeing fin-tech, insurance, fund management and stock brokerage cash Kampala, Uganda | JULIUS BUSINGE | On April 10, Stanbic Bank might have given hope to its shareholders that they will earn more money in the near future estimated to be more than Shs300bn in net profit. The …
Read More »Ochola’s first year in office
Kampala, Uganda | THE INDEPENDENT | March 4th, 2019 marked a full year since Martin Okoth Ochola became the Inspector General of Police-IGP. He replaced General Kale Kayihura who had severed as IGP for 12 years. Immediately after assuming office, Ochola issued 12 directives to heads of different police units …
Read More »Uganda Airlines has landed
Kampala, Uganda | THE INDEPENDENT | The first two of the newly acquired Uganda Airlines aircraft have landed at Entebbe airport. The Bombardier CRJ900s, flew in from Canada Tuesday morning. The aircraft purchased are the first in the series to have the new cabin enhancements and Uganda Airlines will be the first airline in Africa to operate them. Uganda Airlines will …
Read More »Behind African Alliance’s move to quit brokerage business
Why brokerage firms must diversify investments to cope with emerging stock market trends Kampala, Uganda | JULIUS BUSINGE | Once upon a time, being a stockbroker was comfortable, genteel and lucrative, according to Andre Cappon, the chief executive officer, CBM Group, a management consultant firm specialising in financial services based …
Read More »How global media expansion in Africa spells doom for local players
Nicolas Pompigne-Mognard, the founder and chairman of APO Group, a top media relations consultancy and press release distribution firm in Africa and the Middle East was in Kampala in early April to talk to journalism students about the current media landscape on the continent that has seen international media organizations …
Read More »‘It cannot happen here’
How accurate are claims by Ugandans on Bashir coup? Kampala, Uganda | THE INDEPENDENT | On April 16, five days after Field Marshal Omar Al-Bashir was kicked out in Sudan, President Yoweri Museveni’s Senior Advisor and Personal Assistant, Milly Babalanda, wrote in the New Vision that “Museveni knows when he …
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