Number of school dropouts likely to increase due to teenage pregnancies Kampala, Uganda | PATRICIA AKANKWATSA | The Ministry of Education and Sports has yet to announce the dates for schools to re-open again after being shut down at the height of the Second wave of COVID-19. But the delay …

  A frank memo to those demanding that we purchase credibility at the price of mutilating of our beliefs THE LAST WORD | ANDREW M. MWENDA | A section of the Ugandan talking heads have made a fetish of “credibility”, particularly the sort of “credibility” purchased by denouncing President Yoweri …

Why not exploit opportunities for public private partnership instead of focusing on loans from local banks? COMMENT | RUGABA AGABA | Andrew Mwenda’s “Uganda’s self-destructive impulses” in the Independent Magazine of August 9, 2021 raises interesting perspectives on Uganda’s banking industry and local capital development for social economic transformation. Whereas …

Between Bacon and Mwesiga there’s often a striking connection in studio deftness and philosophy Kampala, Uganda | DOMINIC MUWANGUZI | Francis Bacon was an Irish-born artist whose obsession with raw and unsettling imagery earned him global recognition as one of the most sought after artists of his generation. His abstract human figure portraits were expressive of his inner persona and daily engagement with …

Sam Mwogeza is the head, Consumer and High Net Customers at Stanbic Bank Uganda. He spoke to The Independent about the lender’s plan to finance the country’s economic comeback from the pandemic. You have had a successful first half of the year, judging by your Shs 154.9bn net profit. Does …

Proposal is good for the industry but a headache to investors, small players | THE INDEPENDENT | The central bank’s proposal to raise capital requirements for commercial banks is commendable but could threaten survival of small players, according to industry players and experts. Wilbrod Owor, the executive director at the …

How the continent can seize the moment and start resetting its relationship with the international financial institution | DANNY BRADLOW | The International Monetary Fund (IMF) has injected $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide …

  UN report points at ADF, ISIL, al Qaeda Kampala, Uganda | THE INDEPENDENT | Aug. 26: A suspected suicide bomber identified as Katumba Abdul aka Ben was arrested by military intelligence personnel in Pader Town Council with an assortment of home bomb making materials. These included already assembled bombs, …

The ambiguous or slippery nature of the term “emerging artists” calls for its revision to clearly define which artists it suits. | DOMINIC MUWANGUZI | The term “emerging artists” is frequently used in many art circles globally. Art galleries, dealers, collectors and art writers use the phrase from time to …

Long serving board chairperson Elly Karuhanga retires in September Kampala, Uganda | ISAAC KHISA | dfcu Bank has cut dividend payout to its shareholders by 65.5% to Shs17.83 per share, equivalent to Shs 13bn for the year ended Dec.2020 to preserve more capital for any uncertainties that would occur owed …