In The Magazine

The lender recorded 11% growth in net profits to Shs269bn in 2021 Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Ltd, a mother company for Stanbic Bank – one of the country’s oldest banks, which for nearly two decades served corporate clients, is now trying to remodel. The country’s …

Kampala, Uganda | ISAAC KHISA | Insurance Regulatory Authority of Uganda has unveiled the first ever mortality table for life insurance companies in the country to help determine pricing, which may decrease or increase payments popularly known as premiums for new life insurance products and annuities. The table dubbed Uganda …

But the recovery in the economy is expected to boost growth in 2022 Kampala, Uganda | ISAAC KHISA | dfcu bank’s net profit fell 46% for the year 2021 to Shs13.2billion due to the increase in non-performing loans but the management believes that the recovery of economy that had been …

The company’s net profit more than tripled to Shs139bn in 2021 Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distribution firm, Umeme, has seen 2021 net profit more than triple to Shs139bn owed to increase in customer base and electricity sales. This is the similar profit earned in 2019 during …

Conservationist starts venture to use up 65% of harvested trees that often goes to waste Kampala, Uganda | RONALD MUSOKE | Uganda’s tropical high forests have been declining rapidly and conservationists have been relentless in sounding the alarm over their imminent disappearance in the next two decades unless something is …

Uganda study shows text messages can work | ISABELLE COHEN | Every government needs money to fund its political, social and economic duties. Much of what they spend is generated from taxes, fines and sales of public goods and services. The exchange of these revenues for government services is at …

Why Pope Francis met two young Ugandan women activists determined to stop it Kampala, Uganda | RONALD MUSOKE | Groundwork on keystone oil and gas infrastructure projects is beginning to take shape in western Uganda after TotalEnergies and CNOOC in February signed off the necessary Final Investment Decision (FID). But …

Opposition wants constitution amendment to reduce President’s power Kampala, Uganda | MUBATSI ASINJA HABATI | The recent election of Anita Among as Speaker and Thomas Tayebwa as deputy Speaker of the 11th parliament following the death of Jacob Oulanyah once again allowed President Yoweri Museveni to show off his firm …

How Museveni’s and Kagame’s military adventures have contributed more to regional integration than summits of heads of state THE LAST WORD | ANDREW M. MWENDA | On March 29, the Democratic Republic of Congo (DRC) joined the East African community (EAC). This brings the number of members from the original …

Targeting of top officials by U.S. puts country in diplomatic minefield Kampala, Uganda | IAN KATUSIIME | For the fourth year in a row, the Uganda government has been on the receiving end of sanctions from the United States which accuses it of overseeing deteriorating human rights in the country. …