In a society where art appreciation is understood to be a preserve for the rich and white expatriate community, producing at with familiar themes enables the locals to consume it Kampala, Uganda | DOMINIC MUWANGUZI | In a small studio in Najjera, on the outskirts of Kampala, Bernard Omony is …
Read More »PostBank net profit up 16.7%
Supported by earnings on deposits, loans, fees and commission Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda has reported an increase in profit after tax from Shs8.3bn in 2019 to Shs10bn in 2020 amidst the COVID-19 pandemic crisis. According to its financial results released on May 03, …
Read More »Ugandan firms eye contracts as first oil approaches
After years of delay, multinational oil development in Uganda looks set to go ahead, but will local suppliers be able to reap a fair share of the business? | LIAM TAYLOR | In the 1990s Edward Kabuchu and his brother were mining tungsten in western Uganda when they were approached …
Read More »Standard Chartered Bank 2020 net profit down 42%
But, it recorded positive growth in assets and customer deposits amidst coronavirus pandemic threat Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank has reported a dip in profit after tax by 42% from Shs124bn in 2019 to Shs72bn in 2020, according to its financial results released on Apr.29. Overall …
Read More »Rwanda’s genocide commemorations
Why they are infused with political and diplomatic agendas RWANDA | ANDRÉ GUICHAOUA | Created in 2003, the National Commission for the Fight Against Genocide is responsible for Rwanda’s genocide remembrance policy. It is a programme that has, over time, influenced all aspects of politics across all sectors. Each year, …
Read More »Somalia’s death knell of democracy
How a toxic political and security order backed by the AU is destroying the glorious past of Africa’s first democrats COMMENT | ABDI ISAMIL SAMATAR | By the mid-1990s, it was clear to the world that Somalia had become Africa’s first failed post-colonial state. But this vast country of just …
Read More »Solar power dealers face fines under new law
Players question UNBS’ ability to enforce standards | THE INDEPENDENT | Dealers in solar home systems that do not meet the newly completed standards face prosecution and fines under the amended law. The Uganda National Bureau of Standards recently released the new standards – US IEC TS 62257-9-8 and IEC …
Read More »Bugolobi wastewater plant operational
The Bugolobi-Nakivubo wastewater treatment plant is now operational. The wastewater treatment plant, the largest in the country, takes care of the effluent from the capital Kampala. It is designed to reduce pollution of Lake Victoria. | THE INDEPENDENT | Seven years after the construction of the Bugolobi-Nakivubo wastewater treatment plant …
Read More »Health and safety in forestry sector
Study shows that it can reduce business costs and improve productivity for Uganda’s small-scale sawmillers | ZAINABU KAKUNGULU | Over the past two decades, growing trees, mainly for timber and poles increasingly became a popular investment venture in Uganda. It is estimated that the area of forest plantations in Uganda …
Read More »Grand Ethiopian Renaissance Dam
Why it’s a blessing for Nile Basin countries of Africa ANALYSIS | BELACHEW C TESFA, PhD | In 2011, Ethiopia began building the Grand Ethiopian Renaissance Dam Project (GERD) on the Blue Nile River, 60 kilometers from the Sudan border. The reservoir has a storage capacity of 74 billion cubic …
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