By Patrick Kagenda Capital market rues over Uganda’s oldest brokerage firm In January this year the Merchant Bank of East Africa(MBEA), Uganda’s oldest stockbrokerage firm, was handling the issuing of the National Insurance Corporation Initial Public Offering. Their office on Plot 44 Lumumba Avenue in the plush Nakasero neighborhood was …
Read More »Is there no reconciliation in Rwanda?
By Pascal Gahamanyi There is a lot of debate about Rwanda in Uganda, conducted in Ugandan newspapers and radio stations and the participants are Ugandan citizens. Those involved – whether as critics of the government in Kigali or as sympathisers are largely Ugandans. Rwandans wonder why this is so. Possibly …
Read More »Phone Interception:
By Isaac Mufumba Big Brother is listening Uganda is becoming a Big Brother state upon the passing of the Regulation of Interception Bill 2007 into law. Many MPs especially in the opposition are opposed to the proposed law fearing that it will be used against them. If you want to …
Read More »Slippery oil agreements
By Jocelyn Edwards Experts could demand renegotiation of Uganda’s PSAs In response to the June 29 tabling of the Petroleum Production Sharing Agreements (PSAs) by Energy Minister Hilary Onek, Rubanda West MP Banyenzaki says parliamentarians will seek expert analysis in order to determine whether or not they are fair to …
Read More »Mobile is the advertising platform to watch
By Patrick Kagenda Interview with Caleb Owino Managing Director at Fireworks Advertising What challenges do you face as a manager? The challenges are myriad and part of the fun that comes with the dynamic industry that advertising is. My greatest challenge is to get and keep the right talent. The …
Read More »Big budget trouble
By Patrick Kagenda UWA’s Shs 9bn `Friend a gorilla’ stalls over Shs 45m In Sept 2009 the Uganda Wildlife Authority (UWA) launched a campaign dubbed “Friend a Gorilla” to raise Shs 9 billion to fund park activities to preserve the endangered mammals. Close to one year down the road during …
Read More »Tomorrow’s money today
By Maya Prabhu Hot deals lure mobile money subscribers into cash-less class Mobile money first became available in Uganda a little over a year ago, and represents potential solution to the poor access to financial services that is a problem in many developing countries. In neighbouring Kenya, Safaricom has already …
Read More »Another election and fear of ADF
By Mubatsi Asinja Habati June ended with reports that suspected Allied Democratic Forces (ADF) rebels had attacked Mutwanga, a town in the Democratic Republic of Congo killing 16 civilians. The resurfacing of the ADF in the Eastern Congo town which is 50 kilometres from the Uganda border has left the …
Read More »Some hope for Somaliland
By Independent Team & Agencies Opposition win pressures world to recognise enclave of peace In the run-up to the June 26 election in Somaliland, a candidate for the position of vice president, Mohamedrashid Sheikh Hassan, told IRIN that peaceful and well-conducted polls will lead to international recognition of Somaliland. On …
Read More »Uganda unprepared for Common Market
By Patrick Kagenda If First deputy Prime minister and Minister for East African Community (EAC) Affairs Eriya Kategaya sought to reassure the business community about the Common Market, his June 24 message showed a serious lack of preparedness. The East African Common Market Protocol which came into force on July …
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