Move perpetuates inequity that characterised the response to the Covid–19 pandemic, say disappointed Africa CDC ANALYSIS | RONALD MUSOKE | The African Centres for Disease Control and Prevention (Africa CDC), says it is “disappointed” with Moderna’s decision to halt its plan of building a vaccine manufacturing plant in Kenya. Moderna’s announcement …
Read More »AfDB secures US$7.3million fertilizer deal for African farmers
Despite its critical role in food production, fertilizer use remains significantly low in sub-Saharan Africa Kampala, Uganda | RONALD MUSOKE | The Africa Fertilizer Financing Mechanism (AFFM) has secured a CAD$10 million (US$7.3 million) funding commitment from Global Affairs Canada, aimed at enhancing food production and increasing income for about 800,000 …
Read More »UEGCL moves to enhance operational efficiency
The company’s shift towards an Operation and Maintenance (O&M) model supports its vision to become “Africa’s leading electricity-generating utility Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Generation Company Limited (UEGCL) has unveiled an Internal Performance Contract for the Namanve Thermal Power Plant (TPP), marking a significant step in its strategic …
Read More »Optimism high in oil sector
But the wait for ‘first oil’ lingers Kampala, Uganda | IAN KATUSIIME| At the annual Oil and Gas Convention held at Kampala Serena Hotel from April 17-18, it was the usual cheers and chest thumping from those at the forefront of Uganda’s petroleum sector; Ministry of Energy, the Big Oil companies, …
Read More »Traders call off strike, for now, after government agrees to additional demands
Manufacturers claim EFRIS is a good initiative but poorly implemented Kampala, Uganda | THE INDEPENDENT | Thousands of traders, who had shut their shops in Kampala and other towns, called off their strike on April 20, claiming a tentative victory following a meeting with President Yoweri Museveni. President Museveni agreed to …
Read More »China needs to align investments with Africa’s energy transition goals – new study
China should focus more on availing more capital for African electrification projects and renewable energy technologies ANALYSIS | RONALD MUSOKE | China should now focus its economic engagement with Africa towards supporting the continent’s energy access and energy transition objectives, recommends a new study by Boston University’s Global Development Policy Centre …
Read More »Without traders taxes, the economy is dead
That’s why Museveni can’t save them from URA COVER STORY | THE INDEPENDENT | “Tax has a negative multiplier to the economy, more so in economies such as ours where the tax system is regressive and accountability is very poor. It has long been proven by economists that people’s incomes, business …
Read More »Africa’s intellectual crisis
How our mindless quest for development using Western institutions often leads our nations to disaster THE LAST WORD | Andrew M. Mwenda | I have always wanted to write a book about political governance in Africa. This is because [most of the time] whenever I read anything on governance in Africa: an academic …
Read More »Fresh details on digital number plates
Government pushes ahead with project despite concerns over Russian contractor and potential human rights violation Kampala, Uganda | AGATHER ATUHAIRE & HAGGAI MATSIKO | As July 01 which is the new launch deadline for digital number plates in Uganda approaches, The Independent has new details about Security Minister Jim Muhwezi’s troubles …
Read More »Nonsense and bad rules persist in banking
Nonsensical analysis, impenetrable jargon, fallacious arguments, and use of inappropriate mathematical models COMMENT | ANAT R. ADMATI | In December, the CEOs of the eight largest banks in the United States participated in a three-hour posturing session before the Senate Banking Committee. It was a disheartening display that showcased the toxic …
Read More »