By Andrew M. Mwenda The only way a managing director can protect their job at the fund is by sitting on their arms and doing nothing Early this year, the National Social Security Fund (NSSF) bought shares worth Shs 52 billion in an Initial Public Offering by Umeme, the electricity …
Read More »Brazil contributes food worth sh2.5bn to Ugandan refugees
By Julius Businge The Government of Brazil has made its first contribution to the United Nations World Food Programme (WFP) in Uganda of 2,000 metric tons of rice worth about US$1 million (over sh2.5bn) to cater for 155,000 refugees in Uganda. WFP said in a statement released on March 20 …
Read More »Uganda needs to improve its negotiation skills
By Joan Akello Foreign direct investment has increased over the years in Uganda and the East African region but civil society organizations say Uganda has not benefited much because of poor negotiation in various bilateral agreements. In a half day workshop organized on Mar. 20, Southern and Eastern African Trade …
Read More »Stanbic’s profit after tax up 7.4%
By Julius Businge Stanbic Bank Uganda Limited, Uganda’s largest commercial bank has recorded sh130bn profit after tax for the year ended December 2012 up from sh121bn a year earlier, the Bank’s financial results released on March 18 reads. The Bank’s expenditure however, increased from sh267bn for the year ended December …
Read More »Inside Museveni’s military machine
By Haggai Matsiko How the UPDF has become a continental billion dollar powerhouse Michael Pelletier, the Deputy Assistant Secretary for Public Democracy for the Africa Bureau has told The Independent that President Yoweri Museveni’s role in finding African solutions for African problems is becoming globally recognised. As a result, Pelletier …
Read More »Kenya’s high-tech fiasco
By Alan Ssempebwa How the electoral commission messed up the vote count Ever wondered what happened to your ballot after you dropped it into a ballot box at an election? To paraphrase Joseph Stalin, it’s not the people who vote that count; it’s the people who count the votes. Stalin …
Read More »The aristocracisation of Kenya politics
By Andrew M. Mwenda How the electoral process in Kenya produces powerful political families that use identity to wield power Many factors may have influenced the 2013 election in Kenya. But three of these stand out. The first is the influence of political families who have held sway over Kenya’s …
Read More »Total offers scholarships to students from oil districts
By Ronald Musoke Total E&P Uganda, one of the three major oil companies heavily involved in oil prospecting and production in the country has offered up to 20 scholarships to students from the oil districts of Nwoya, Buliisa, Nebbi and Masindi where the French company currently has operations (Exploration Areas …
Read More »Parliament asked to demand a briefing on gun attacks
By Aloysious Kasoma Opposition Democratic Party leader, Norbert Mao has called upon Parliament, to demand for a formal explanation from the government on the reported gun attacks on security organs in Kampala. Mao said that the attacks could be a political problem which requires a political solution with a national …
Read More »Kenya decides (2013)
By Charles Onyango-Obbo The normal, the unusual, and very strange things about Kenya election Kenya went to the polls on March 4. It was the first election under the new and quite liberal constitution that was adopted in August 2010. For Ugandans seeking to understand how the election played out, …
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