Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni who is also the Commander in Chief of the Uganda People’s Defence Forces -UPDF has advised the retiring senior army officers to invest their retirement package wisely. He said that the retirement should not be regarded as becoming redundant. “This is …
Read More »Potential implications of the World Bank’s loan suspension to Uganda
A comprehensive and strategic approach to address the concerns raised by the global bank should be developed COMMENT | SIMON M. MUTUNGI | On Aug.08, the World Bank announced that it is halting new loans to Uganda over the country’s controversial Anti-Homosexuality Act (AHA). The United States-based development financier said the …
Read More »1500 Buliisa farmers obtain non-financial skills
Kampala, Uganda | THE INDEPENDENT | The Buliisa Farmers Capacity Building Project, initiated by Pure Grow Africa Limited with significant support from McDermott, celebrated the graduation of 1,500 farmers on Aug.30, officials said in a news release. The farmers underwent transformational training that encompassed areas such as land and seedling preparation, …
Read More »Imagining a Keynesian revival
Why we would be wise to give it another chance before we resign ourselves to the capitalist-socialist conflict COMMENT | ROBERT SKIDELSKY | In 2009, while the world economy was still reeling from the global financial crisis, Nobel laureate economist Robert Lucas observed that “everyone is a Keynesian in the foxhole.” …
Read More »New financing tool aims to increase access to lifesaving mosquito nets
The Revolving Facility will negotiate improved supply terms for health products using advanced market commitments, including volume guarantees, to drive more affordable access and innovations at greater scale Kampala, Uganda | AGENCIES | More people in some of the world’s poorest communities will have access to quality health products such as …
Read More »Brooklyn Museum exhibition explores Africa’s flourishing fashion and art scene since liberation era
Co-curator Ernestine White-Mifetu gives us an illuminating tour of “Africa Fashion” and the greater narrative it encapsulates. ART | LEE CARTER | At the Brooklyn Museum, an electrifying new exhibition establishes Africa as a true fashion capital, bursting with imagination, ingenuity, and its own aesthetic heritage. “African Fashion” showcases the designers …
Read More »NSSF moves to enhance social security compliance in the oil and gas sector
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has established a partnership with the Ministry of Energy and Mineral Development to enhance social security compliance within energy, oil, and gas. The partnership is in line with the Fund’s new strategic approach that focuses on increasing social security coverage …
Read More »MTN Foundation recognizes 15 entrepreneurs for completing the incubation phase of the MTN Ace skilling
Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s corporate social responsibility arm, MTN Foundation, has recognized 15 prospective entrepreneurs following completion of the three-month Business Incubation phase. Business Incubation is the second phase of the MTN Ace Skilling Program aimed at extending mentorship and support to entrepreneurs to deliver public good …
Read More »Africa meets to deliberate on integrating health into climate agenda head of COP28
The speakers called for engaging communities, ensuring adaptation and facilitating transparent communication as critical strategies for success toward a healthier and resilient future Lilongwe, Malawi | KIRAN PANDY | Various stakeholders from Africa gathered in Malawi to deliberate on integrating health into the climate agenda ahead of the 28th Conference …
Read More »dfcu Bank’s H1 profits up 56% to Shs29.3bn
But loans and advances to customers reduced by 16% Kampala, Uganda | THE INDEPENDENT | dfcu Bank has reported a 56% improvement in net profit to Shs29.3bn in the first six months to June.30 driven by a reduction in loan impairment. The lender’s financial results released on Aug.24 show continuous growth …
Read More »