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In The Magazine

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MIT unveils African entrepreneur Fellowship

  Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Ethiopia, Ghana, Nigeria, Kenya, Rwanda and Senegal | THE INDEPENDENT | Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (MIT) has unveiled the Foundry Fellowship, a first-of-its-kind leadership program for accomplished …

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UDB profit after tax up 118%

More funding, capitalisation of the bank coupled with increase in loan disbursements supported the growth in 2020 Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank Limited has realised a profit after tax for the year 2020 of Shs22bn, representing a 118% growth from Shs10.4bn reported in 2019 amidst the …

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Africa’s COVID-19 vaccine rollout

The risks and the challenges | THE INDEPENDENT Africa’s largest-ever vaccination drive is well under way. Forty-nine African countries are rolling out COVID-19 vaccines and over 22 million doses have been given on the continent. Valuable lessons are emerging, but major risks and challenges threaten Africa’s fragile gains. Supply crunch …

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Israeli-Palestinian confrontations

What sparked the latest attacks? | THE INDEPENDENT | For weeks, tensions had been building between Israelis and Palestinians in Jerusalem, with a confluence of recent events and longer-term trends leading to the latest violence. Israeli restrictions around holy sites during Ramadan; increasingly intense protests and violence on both the …

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IN THE INDEPENDENT: Museveni – the 40 year stretch

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Yoweri K. Museveni’s 40 year stretch: Supporters, critics, analysts speak out on the next five years THE LAST WORD Museveni’s hostility towards Umeme: How the president’s criticism of the electricity distributor is likely to …

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The new digital taxes

The projected revenues may not be realised yet the long-term effects created may be difficult to reverse COMMENT | NATHAN WERE | The Parliament of Uganda recently passed the Excise Duty Amendment Bill, 2021 in which new taxes were introduced. One of such tax is on the internet requiring users …

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