By Agencies The African Development Bank (AfDB) Group’s Chief Economist, Louis Kasekende,(left) has said that the Natural Resource Charter – a set of economic principles for governments and civil society organizations, detailing best approaches to managing opportunities created by natural resources for development – would help governments and societies rich …
Read More »Riyaz Kurji
By John Njoroge Rewinding clock to the second that took his life There was excitement in the village of Magezi-Tonyeze in Mityana district that Saturday afternoon. The second leg of the KCB Pearl of Africa Rally 2009 was coming that way and there was no missing the fast and furious …
Read More »10 failures of opposition
By Odoobo C. Bichachi Why a limping Museveni remains solid against toothless opposition According to the recently published findings of the Uganda Afrobarometer Survey conducted between July and September 2008, most Ugandans are dissatisfied with the way the country is being run not just on issues of bread and butter …
Read More »The North needs quota system – MP Ogong
By Onghwens Kisangala Leaders from northern Uganda are bitter that their region is marginalised. The Independents Onghwens Kisangala asked the chairman of the Greater North parliamentary group to explain what their woos exactly are. Below are excerpts. Why do you say the north is marginalised? The facts are very clear …
Read More »Dollar to hit Shs 2,500, analysts say
By Patrick Kagenda BoU says it has no means of forecasting value of currency A top Bank of Uganda official last week confirmed the continuing depreciation of the shilling. Mary Katalikawe, the director for research at the central bank spoke as the world’s leading financial market analysts predicted that the …
Read More »Crane Bank launches Visa Credit Card
By Patrick Kagenda Crane Bank has launched its Visa credit card. The new card will enable holders to use a small plastic card issued by the bank to pay for goods and services based on a line of credit from the bank as a cash advance. All card holders will …
Read More »Scorecard is bitter pill for MPs to take – Pulkol
By Onghwens Kisangala Last week, David Pulkol, the Director of African Leadership Institute (AFLI), was schedulled to present AFLIs parliamentary performance scoreboard prior to the release of the report on the performance of MPs. The MPs protested. The Independent’s Onghwens Kisangala talked to Pulkol about the issues surrounding the matter. …
Read More »MTN ceding ground, Warid biggest gainer
By Independent Team & Agencies New study predicts mobile penetration hits 40% A new report from Pyramid Research indicates that mobile penetration in Uganda is expected to increase from 39 percent in 2009 to about 70 percent by 2014. This jump will be driven by the successful liberalization of the …
Read More »Chamber of Commerce in rift over Global Fund cash
By Patrick Kagenda As the Global Fund scandal nears a turning point following the conviction of Teddy Sseezi Cheeye for corruption and the list of suspects growing every other day, it has sucked in the Uganda National Chamber of Commerce and Industry over Shs 380 million received from the Global …
Read More »Mini oil refinery to go ahead“ D’Ujanga
By Agencies Uganda plans to go-ahead with the construction of a mini-refinery for its two billion barrels of crude reserves after previously ruling the idea out, the state energy minister said. Investor interest is heating up for Uganda’s oil discoveries since explorers Tullow Oil and Heritage Oil discovered hydrocarbons in …
Read More »