Monetary authorities could introduce a digital currency to make the payments system more fluid COMMENT | Jan Eeckhout | Last year, the Nobel Prize in Economics went to two economists who study the dynamics of bank runs, as well as to former U.S. Federal Reserve Chair Ben Bernanke for his work analyzing …
Read More »Leveraging the International Chamber of Commerce
How Ugandan MSME can benefit from its focus on strengthening the institutional capacity of Chambers of Commerce & Industry COMMENT | David Bikhado Ofungi | The past decade has been associated with a revaluation of what corporate citizenry means. For a long time, companies were happy to park the Corporate Social Responsibility …
Read More »Can governments still steer the economy?
The national budget’s purpose should be to use fiscal policy to protect the least well-off from disruptive blows COMMENT | Robert Skidelsky | In 1969, the British financial journalist Samuel Brittan published a book called `Steering the Economy: The Role of the Treasury’. At the time, it was still widely assumed that …
Read More »African Business Book of the Year
The Business Council for Africa (BCA) Announces Nominees Kampala, Uganda | AGENCIES | The Business Council for Africa (BCA) has announced nominees for African Business Book of the Year. The nominees were selected from a pool of submissions by the Organising Committee In a statement on March 30 the Business Council …
Read More »Loud road noise linked to high blood pressure
New research confirms risk Kampala, Uganda | THE INDEPENDENT | Wailing sirens, aggressive horns, the roaring engines of giant diesel trucks — most of us would agree road noise is super annoying, but is it actually harmful to your health? A new study published on March 22 in the journal JACC: …
Read More »Increase of oral diseases
Africa faces largest burden, least funding Kampala, Uganda | AGENCIES | Around 44% of the population in the African region suffer from oral diseases, and while the region has experienced the steepest rise globally in oral diseases over the last three decades, spending on treatment costs remains extremely low, a new …
Read More »U.S. Embassy equips women with business skills
Kampala, Uganda | JULIUS BUSINGE | The 5th cohort of the African Women’s Entrepreneurship (AWE) Program has successfully graduated 85 women entrepreneurs from Kampala, Lira, and Arua covering sectors of building, agriculture, education, health, and technology businesses and tourism courtesy of the US Embassy and SHONA. The U.S. Embassy Department of …
Read More »UBL offers seed capital to Luzira women
Kampala, Uganda | THE INDEPENDENT | On March 28, Uganda Breweries Limited in partnership with the office of the Luzira Women Councillor LC III offered agribusiness training and donated 2,000 mushroom gardens to Luzira single mothers. The Corporate Relations Director Uganda Breweries, Juliana Kagwa said that many women living in urban settings …
Read More »Stanbic shareholders to get Shs235bn as profits surge to record high
However, SBG Securities Ltd.’s revenues were impacted largely by a drop in capital markets activities Kampala, Uganda | THE INDEPENDENT | Stanbic shareholders will get Shs 6.98 per share totalling Shs 235bn following a 33% growth in profits for the year ended December 31, 2022. This is 1.7% higher than the …
Read More »Three arrested for possession of suspected Rhino and Hippopotamus teeth
Kiryandongo , Uganda | THE INDEPENDENT |Three suspects are in custody at Kiryandongo Central Police Station for the illegal possession of wildlife products. The suspects are Bernard Enying, 29, a resident of Kigumba Town Council, Eston Nyitu, 33, a resident of Kibiramatu village in Kigumba Sub County, and John Onek, …
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