She embarked on an active art career after clocking more than a century old but became one to reckon with, with paper collages that combine extraordinary detail and charming simplicity. | DOMINIC MUWANGUZI | A typical story of a female student of fine art in the early years of Makerere …
Read More »UETCL boosts electricity supply to industries at Namanve
But manufacturers want power to come at cheaper price to enhance their competitiveness Kampala, Uganda | JULIUS BUSINGE | Industries operating within Kampala Industrial and Business Park, Namanve, are now receiving reliable, stable, quality and adequate electricity following Uganda Electricity Transmission Company Limited’s bold step to install 189MVA, 132/33kv Namanve …
Read More »IFAD gets US$ 3.8bn to tackle COVID-19 and Climate Change
Half of funds will support rural development projects in sub-Saharan Africa Kampala, Uganda | RONALD MUSOKE | The UN’s International Fund for Agricultural Development (IFAD) plans to invest up to US$ 3.8bn into the world’s rural population following the unprecedented financing target set during this year’s Governance Council Meeting held …
Read More »Will Inflation make a comeback?
Economic forecasting models have long been notoriously inaccurate in predicting inflation | AXEL A. WEBER | Current forecasts by many banks, central banks, and other institutions suggest that inflation will not be a problem in the foreseeable future. The International Monetary Fund, for example, expects global inflation to remain subdued …
Read More »Shrinking civic space as journalist beating extends to UNHRC
20 journalists in Uganda especially those covering opposition politicians have been assaulted by security personnel Kampala, Uganda | MUBATSI ASINJA HABATI | Civic space in Uganda is sliding to the lowest level ever as some elements of the UPDF serving under the Military Police, descended on journalists covering former presidential …
Read More »Sane satirizes white supremacy with black bodies
Tracy Chapman, Paul Gilroy, Nina Simone play as tropes in new body of work | DOMINIC MUWANGUZI | As a political satirist artist, Eria Sane Nsubuga, is equally humorous as intelligent. His appropriation of political protagonists like former US president Donald Trump, Theresa May and other respective black revolutionary characters, …
Read More »BATU beats COVID-19 to post Shs19.9bn net profit
The government takes a huge chunk of revenues as taxes to reduce tobacco smoking Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda has defied the effects of coronavirus pandemic to record a 27% surge in net profit to Shs19.9bn for the year ended December 2020. BATU will now …
Read More »Pandemic reinforces need for insurance products in Africa
Like other businesses, the Prudential insurance group has had a tough year, but its Africa CEO Matt Lilley is optimistic about the company’s prospects on the continent. He spoke to African Business Magazine’s Desné Masie about the company’s strategy, the role of technology in digital inclusion and product innovation. Could …
Read More »Uganda maintains 10th spot in ABSA’s Africa Financial Markets Index
However, the financial services sector is not out of the woods yet Kampala, Uganda | JULIUS BUSINGE | Uganda has for the fourth consecutive year maintained the 10th position in the Absa Africa Financial Market Index 2020, signalling a stagnation in performance. The report, released by Absa Bank shows …
Read More »Defeating Museveni can’t be achieved through international pressure alone
External agitation and pressure may sound like a benign and welcome ingredient to take down a brazen dictator. Kampala, Uganda | MOSES KHISA | In the past few months, Western media and academia have placed unprecedented, and somewhat bewildering, focus on Uganda’s 2021 general elections. It is puzzling because throughout …
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