New report shows that investment in mental health is still lacking Kampala, Uganda | PATRICIA AKANKWATSA | Uganda spends 9.8% of its GDP on healthcare and only 1% of that is spent on mental healthcare. Dr. Juliet Nakku, the Executive Director of Butabika National Referral Hospital, says that the current …
Read More »Stanbic Bank, KACITA move on Asian markets
Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …
Read More »Uganda gets Shs2.7bn from Sweden for solar energy
Uganda Electricity Generation Company Limited has secured Shs2.7bn grant from Sweden’s Swedfund to conduct feasibility studies for floating solar development in the country. | THE INDEPENDENT | UEGCL Chief Executive Officer, Harrison Mutikanga and the Sweden Ambassador to Uganda Maria Hakanson signed memorandum of understanding in Kampala on Oct.12. “The …
Read More »Stock market boost as MTN listing takes shape
Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …
Read More »Colon cancer on increase
Study points to changing diets and lifestyles | THE INDEPENDENT | Have you had diarrhea or constipation for some time or have how your stool looks and feels changed for some time? Is their bleeding in your rectal area or blood in your stool? Do you constantly feel abdominal discomfort, …
Read More »Groundbreaking malaria vaccine
Historic RTS,S/AS01 recommendation can reinvigorate the fight against malaria | THE INDEPENDENT | The World Health Organisation (WHO) is recommending widespread use of the RTS,S/AS01 (RTS,S) malaria vaccine among children in sub-Saharan Africa and in other regions with moderate to high P. falciparum malaria transmission. The P. falciparum is the …
Read More »Google’s $1bn Africa investment sparks tax debate
Google’s plans to invest $1bn in Africa’s tech infrastructure and talent over the next five years has sparked a debate over big tech’s tax obligations | SOSHANA KEDEM | Google announced $1bn of investments in Africa’s digital transformation in its first ever Google for Africa event on Oct.06. Over the …
Read More »African farmers and agribusinesses need fair access to markets
Poor market information has made the ability to monitor market prices in close to real time difficult | GRACE NSOMBA AND SIMON ROBERTS | Southern and Eastern Africa face the twin challenges of growing agricultural production to meet food demand while adapting to extreme weather. And climate change makes addressing …
Read More »MTN Uganda set to reveal new growth plans, opportunities
The telecom firm plans to raise US$1.2bn in IPO Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom, MTN Uganda, is set to reveal its new growth plans and opportunities on Oct. 11 when it publishes its indicative price range ahead of the expected US$1.2billion initial public offering (IPO). MTN …
Read More »SURVEY: Companies lower staffing levels for 4th month
But businesses remain optimistic about the future Kampala, Uganda | JULIUS BUSINGE | Business sentiments in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI). The headline PMI registered 52.5 in September …
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