The national budget’s purpose should be to use fiscal policy to protect the least well-off from disruptive blows COMMENT | Robert Skidelsky | In 1969, the British financial journalist Samuel Brittan published a book called `Steering the Economy: The Role of the Treasury’. At the time, it was still widely assumed that …
Read More »African Business Book of the Year
The Business Council for Africa (BCA) Announces Nominees Kampala, Uganda | AGENCIES | The Business Council for Africa (BCA) has announced nominees for African Business Book of the Year. The nominees were selected from a pool of submissions by the Organising Committee In a statement on March 30 the Business Council …
Read More »Loud road noise linked to high blood pressure
New research confirms risk Kampala, Uganda | THE INDEPENDENT | Wailing sirens, aggressive horns, the roaring engines of giant diesel trucks — most of us would agree road noise is super annoying, but is it actually harmful to your health? A new study published on March 22 in the journal JACC: …
Read More »Increase of oral diseases
Africa faces largest burden, least funding Kampala, Uganda | AGENCIES | Around 44% of the population in the African region suffer from oral diseases, and while the region has experienced the steepest rise globally in oral diseases over the last three decades, spending on treatment costs remains extremely low, a new …
Read More »U.S. Embassy equips women with business skills
Kampala, Uganda | JULIUS BUSINGE | The 5th cohort of the African Women’s Entrepreneurship (AWE) Program has successfully graduated 85 women entrepreneurs from Kampala, Lira, and Arua covering sectors of building, agriculture, education, health, and technology businesses and tourism courtesy of the US Embassy and SHONA. The U.S. Embassy Department of …
Read More »UBL offers seed capital to Luzira women
Kampala, Uganda | THE INDEPENDENT | On March 28, Uganda Breweries Limited in partnership with the office of the Luzira Women Councillor LC III offered agribusiness training and donated 2,000 mushroom gardens to Luzira single mothers. The Corporate Relations Director Uganda Breweries, Juliana Kagwa said that many women living in urban settings …
Read More »Stanbic shareholders to get Shs235bn as profits surge to record high
However, SBG Securities Ltd.’s revenues were impacted largely by a drop in capital markets activities Kampala, Uganda | THE INDEPENDENT | Stanbic shareholders will get Shs 6.98 per share totalling Shs 235bn following a 33% growth in profits for the year ended December 31, 2022. This is 1.7% higher than the …
Read More »EU boosts Somalia peacekeeping mission
Offers 120m Euros as ATMIS marks one year Kampala, Uganda | IAN KATUSIIME | The African Union Transition Mission in Somalia (ATMIS) is marking one year since its mandate began with a shot in the arm: Euros 118 million ( Approx. Shs481 billion) from the European Union for its 2023 operations. …
Read More »Uganda’s tourism sector on a path to recovery
International visitor arrivals increase by 59% during the year Kampala, Uganda | JULIUS BUSINGE | Uganda recorded a 59% increase in international visitor arrivals to 814,508 in 2022 signalling a recovering tourism sector from the effects of the coronavirus pandemic. The report released by the Ministry of Tourism Wildlife and Antiquities …
Read More »Stanbic officially launches season 8 of schools business challenge
Kampala, Uganda | THE INDEPENDENT | On March 30, Stanbic Bank has officially unveiled the 8th edition of the National Schools Championship programme to further support Uganda’s economic resilience. The programme, which has been running for the last eight years has impacted 420,000 students across the country and expanded opportunities by …
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