By Patrick Kagenda & Agencies American companies remain bullish As the American economy struggles to recover from the credit crunch and European economies jostle with rescuing their financial institutions, subsidiary of American companies operating in Uganda are maintaining an upbeat facade, claiming they are not affected by the American economic …

By The Independent Team The following is an edited and expanded version of an interview with George Soros, Chairman, Soros Fund Management, by Judy Woodruff on Bloomberg TV. Judy Woodruff: You write in your new book, The New Paradigm for Financial Markets, that we are in the midst of a …

By Patrick Kagenda Kenya Commercial Bank Executive Director Mr Nok Bwondit speaks to The Independent’s Patrick Kagenda about how it intends to use its 110-year experience in the region’s banking sector to out-compete local players and other new entrants from West Africa and the Middle Eastern countries. Why did it …

By Independent Team The inside story of political intrigue, dirty tricks and revenge On Monday May 21, 2007, Maj. Gen. Jim Muhwezi was in the VIP lounge at Entebbe Airport on his way to London. There he met Foreign Affairs minister, Sam Kutesa. After exchanging greetings, Kutesa told Muhwezi that …

By Melina Raquel Platas Procedure!’ ‘Order!’ ‘Information!’ ‘Clarification!’ the second floor parliamentary conference room periodically erupted into pandemonium throughout the over five-hour committee hearing last Thursday and certain participants were even ejected by committee chairman John Odit in what became just another dramatic episode in the belaboured NSSF saga. The …

By Christina Cacioppo Last November, Rwanda played host to the first annual Legatum Pioneers of Prosperity African Prize (PoP), a celebration of innovation and entrepreneurship. The Independent talked to three entrepreneurs who participated in the competition: one finalist, one winner, and one promising new entrant. Two of the companies were …

By Patrick Kagenda The German government continues to fund Uganda Railways Corporation operations despite the rail operations being conceded to Rift Valley Railways (RVR). German Development Bank (Kfw) spokesman, Mr Wolfram Schweickhardt told The Independent from Frankfurt that in the framework of the Uganda German Development Cooperation, the Federal Republic …

By Patrick Kagenda On August 18 a Tanzanian cargo vessel MV Azza sunk on Lake Victoria with 200 tones of mineral water, 40 tones of cotton seed cake belonging to Century Bottling Co., the manufacturers of Coca cola. Azza was privately owned but its sinking added to the challenge of …

By Patrick Kagenda On August 18 a Tanzanian cargo vessel MV Azza sunk on Lake Victoria with 200 tones of mineral water, 40 tones of cotton seed cake belonging to Century Bottling Co., the manufacturers of Coca cola. Azza was privately owned but its sinking added to the challenge of …

By The Independent Team In our continuing series ‘Terror Arrests’, we report the arrest of The Independent Managing Editor, Mr Andrew Mwenda. On the morning of Saturday April 26 this year, as The Independent’s managing editor drove from his home along Golf Course Road in Kololo, two suspicious cars, one in …