The tax authority collected Shs11.6tn in the six months, recording a Shs95bn shortfall Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority collected Shs11.6trillion against the target of Shs11.7tn for the first six months of the financial year 2022/23 – representing 46.4% of the annual target. URA’s Commissioner General John Rujoki …
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The once significant army anniversary has been overshadowed by the rabble rousing General Kampala, Uganda | IAN KATUSIIME | On Feb. 6, the Uganda Peoples Defence Forces (UPDF) will mark the 42nd anniversary of its existence as a fighting force on a day popularly known as Tarehe Sita. It commemorates the …
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Uganda moves to the fourth spot due to strong data reporting standards, new environmental, social and governance incentives Kampala, Uganda | THE INDEPENDENT | Uganda’s overall score in the Absa Africa Financial Markets Index increased by six points to 66 in 2022, moving the country up to fourth from sixth place …
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Why we need to remove Western lenses when analysing politics in Africa THE LAST WORD | Andrew M. Mwenda | During the USA-Africa summit in December last year, President Paul Biya of Cameroon was videotaped in a highly compromising situation. Old and senile at almost 90, he entered the conference hall unaware of …
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Kampala, Uganda | THE INDEPENDENT | On Jan.24, TECNO’s premium sub-brand, PHANTOM launched its new flagship smartphone PHANTOM X2 Series. It is the world’s first smartphone to feature a retractable portrait lens comparable to a professional camera designed to capture our most cherished moments. The PHANTOM X2 Series comprises PHANTOM X2 …
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When directors sit on too many company boards they might become what’s referred to as ‘overboarded’ Kampala, Uganda | REHANA CASSIM | Experienced directors of companies are in high demand in countries around the world. For this reason, many hold multiple directorships. There’s an upside to this. Directors with multiple directorships …
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How threat talk motivates conspiracy theories, misinformation, and shapes elections and investments COMMENT | Michele J. Gelfand and Virginia Choi | From climate-change alarms and “tripledemic” concerns to the Bulletin of Atomic Scientists’ Doomsday Clock, we are awash in dire warnings. News and social media alert us daily to the dangers of …
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Why that will lead to larger fiscal deficits, more debt monetisation, and higher inflation in future COMMENT | Nouriel Roubini | Inflation rose sharply throughout 2022 across both advanced economies and emerging markets. Structural trends suggest that the problem will be secular, rather than transitory. Specifically, many countries are now engaged in …
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Conserving Africa’s biodiversity is vital for the continent’s long-term economic development, and the private sector may be poised to assume a bigger role Kampala, Uganda | BEN PAYTON | Thousands of delegates gathered for the 2022 United Nations biodiversity conference (Cop15) in Montreal in December, tasked with finding a pathway to …
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The causes of Somalia’s tragedy are still in place since the murder of President Abdirashid Sharmarke in in 1969 COMMENT | Abdi Ismail Samatar | For at least 14 years now, the militant group Al-Shabaab has terrorised the southern region of Somalia. Its ambition is to impose a tyrannical dictatorship over the …
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The Independent Uganda: You get the Truth we Pay the Price