Profitability included Shs71bn from foreign exchange gains on Isimba loans Kampala, Uganda | THE INDEPENDENT | “We yet congratulate ourselves upon the completion of another financial year in which despite the continued Covid-19 disruptions, we were able to make headway as a company,” Eng. Harrison Mutikanga said in his statement …
Read More »BoU to issue guidelines on green financing
It plans to integrate climate change related risks in analysing micro and macro-economic conditions Kampala, Uganda | ISAAC KHISA | Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve sustainable development. Hannington Wasswa, the director commercial …
Read More »MTN Uganda’s new journey
The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
Read More »Anita Among power at Parliament
How former backbencher-turned Deputy Speaker has transformed the No.5 job Kampala, Uganda | IAN KATUSIIME | On Nov. 01 a dossier by a whistleblower was received by the Inspector General of Government (IGG) calling for a forensic investigation into the conduct of the Deputy Speaker of Parliament Anitah Among. It …
Read More »Military intelligence chief Kandiho battles US sanctions
The United States on Dec.02 imposed sanctions on the head of the Chieftaincy of Military Intelligence (CMI), Maj. Gen. Abel Kandiho over alleged human rights abuses. Kampala, Uganda | THE INDEPENDENT | Kandiho was hit with the sanctions over alleged human rights abuses, including for alleged torture and sexual abuse …
Read More »Entebbe Airport gone or not?
The facts versus what government says and what public believes Kampala, Uganda | THE INDEPENDENT | Does Uganda stand to lose control of Entebbe International Airport to Chinese lenders over a $350 million loan? The government says China cannot take the airport but the raised voices on the issue shows …
Read More »Our anti-corruption pretense
How poor countries indulge in rituals of fighting corruption even when it is the glue that holds things together THE LAST WORD | ANDREW M. MWENDA | December 09 was anti-corruption day. Elites in media, academia, “civil society” and government were grandstanding in self-righteous indignation, condemning the government for …
Read More »Museveni out of U.S. democracy summit
Why it doesn’t matter and why all eyes should be on 2022 US-Africa Summit Kampala, Uganda | THE INDEPENDENT | After missing an invite to the just concluded `Democracy Summit’ hosted by U.S. President Joe Biden on Dec.9-10, President Yoweri Museveni’s team is possibly hoping to be at the next …
Read More »Facing colliding epidemics of HIV, TB, COVID-19
BroadReach Group health experts want vaccinations sites to be multipurpose on a variety of illnesses | THE INDEPENDENT | As Africa works to get back on track to meet its UNAIDS HIV prevention and care targets, healthcare organisations like the BroadReach Group are partnering with governments and donors to find …
Read More »HIV response in Africa
Ending the inequalities driving the AIDS epidemic requires progressive people-centred approaches | AMIRA ELFADIL, WINNIE BYANYIMA AND PETER SANDS | On December 01, the African Union (AU) Commission, UNAIDS and the Global Fund to Fight AIDS, Tuberculosis and Malaria join the rest of the world to commemorate World AIDS Day …
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