Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Dominic Ongwen’s victims wanted tougher extension: But why were they mourning alone? THE LAST WORD The new religious crusade: How the Christian faith has influenced Western intrusions into other countries to promote democracy ANALYSIS …
Read More »Somalia’s death knell of democracy
How a toxic political and security order backed by the AU is destroying the glorious past of Africa’s first democrats COMMENT | ABDI ISAMIL SAMATAR | By the mid-1990s, it was clear to the world that Somalia had become Africa’s first failed post-colonial state. But this vast country of just …
Read More »dfcu Bank ready to fund companies in oil and gas
CNOOC, dfcu points at post Final Investment Decision prospects Kampala, Uganda | JULIUS BUSINGE | dfcu Bank held a half day engagement for its clients and stakeholders in the oil and gas sector on Apr.28 following the government’s bold step to sign key agreements that will see the country get …
Read More »Solar power dealers face fines under new law
Players question UNBS’ ability to enforce standards | THE INDEPENDENT | Dealers in solar home systems that do not meet the newly completed standards face prosecution and fines under the amended law. The Uganda National Bureau of Standards recently released the new standards – US IEC TS 62257-9-8 and IEC …
Read More »Centenary Bank net profit up 3.4%
Its non-performing loans moved slightly from 3.95% to 3.97% Kampala, Uganda | ISAAC KHISA | Centenary Bank has defied the effects of coronavirus pandemic to record a 3.4% growth in net profit to Shs161.2bn for the year ended Dec. 2020. According to the bank’s financial statements, total assets increased from …
Read More »Bank of Baroda records surprise annual profit
It shrugged off the effects of COVID-19 to nearly double net profit to Shs83bn Kampala, Uganda | JULIUS BUSINGE | Bank of Baroda Uganda has reported a sharp growth in annual profits, as earnings from loans, foreign exchange and market securities helped to offset the hit from the low interest …
Read More »Bugolobi wastewater plant operational
The Bugolobi-Nakivubo wastewater treatment plant is now operational. The wastewater treatment plant, the largest in the country, takes care of the effluent from the capital Kampala. It is designed to reduce pollution of Lake Victoria. | THE INDEPENDENT | Seven years after the construction of the Bugolobi-Nakivubo wastewater treatment plant …
Read More »Saving chimpanzee using culture
How communities who regard the animal as a totem are saving it Kampala, Uganda | RONALD MUSOKE | Agnes Nyangoma Mukooto, an elderly grandmother in Kabwoya, a quiet sleepy village near the shores of Lake Albert in mid-western Uganda, grew up listening to her father tell stories about the totem …
Read More »Health and safety in forestry sector
Study shows that it can reduce business costs and improve productivity for Uganda’s small-scale sawmillers | ZAINABU KAKUNGULU | Over the past two decades, growing trees, mainly for timber and poles increasingly became a popular investment venture in Uganda. It is estimated that the area of forest plantations in Uganda …
Read More »Grand Ethiopian Renaissance Dam
Why it’s a blessing for Nile Basin countries of Africa ANALYSIS | BELACHEW C TESFA, PhD | In 2011, Ethiopia began building the Grand Ethiopian Renaissance Dam Project (GERD) on the Blue Nile River, 60 kilometers from the Sudan border. The reservoir has a storage capacity of 74 billion cubic …
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