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In The Magazine

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dfcu Bank cuts dividend payout to Shs 13bn

Long serving board chairperson Elly Karuhanga retires in September Kampala, Uganda | ISAAC KHISA | dfcu Bank has cut dividend payout to its shareholders by 65.5% to Shs17.83 per share, equivalent to Shs 13bn for the year ended Dec.2020 to preserve more capital for any uncertainties that would occur owed …

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NBL economic forum exposes opportunities, tax risks

Minister Kasaija promises more government support to boost private sector growth Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited, a subsidiary of the Belgium based ABInBev, on Aug. 18 held a virtual Economic Forum to highlight the company’s contribution to  Uganda’s economy,  bringing to light the effect of the …

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Deaths at Kabul airport

American Air Force investigating after civilian die in scramble for evacuation plane | THE INDEPENDENT | The U.S. Air Force is investigating the civilian deaths that unfolded Monday Aug.16 at Hamid Karzai International Airport in Kabul, where some Afghans fell from a military C-17 transport plane mid-air after leaving the …

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Zambian opposition defeats ruling party

Stalwart Hichilema secures big win in presidential elections | MICHELLE GAVIN | Late last week, in the midst of deep economic crisis and fears of political violence, the Zambian people took decisive action in favour of a change in course. They turned out in robust numbers to elect veteran opposition …

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Govt clamps down on 54 NGOs

Move follows banning of more than 12,000 CSOs Kampala, Uganda | RONALD MUSOKE | Civil society organisations have reacted with dissatisfaction at the government’s closure and suspension of 54 NGOs many of which work in the areas of transparency, accountability and governance across the country. On Aug.20, the National Bureau …

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Uganda Rwanda relations

The forgotten feud awakens? Kampala, Uganda | IAN KATUSIIME | Ten years after President Yoweri Museveni and his Rwandan counterpart Paul Kagame starred in high profile reconciliation, there seems no path to making peace again after two years of border closure. Instead, new tensions could flare up. In July, Rwanda …

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