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In The Magazine

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Africa can harness 4th industrial revolution

Doing so will require a new educational philosophy and investing in basic digital infrastructure. COMMENT | HANAN MORSY | Key features of the Fourth Industrial Revolution (4IR) – accelerating digitalisation, artificial intelligence (AI), cloud computing, robotics, and 3D printing – have obvious and important implications for education, employment, and the …

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Democratising innovation

Private firms undertake the bulk of R&D but governments fund it and must offer it direction COMMENT | DANI RODRIK | Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new technologies that allow …

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Absa Bank Uganda agribusiness forum

Experts define outlook for the sector amidst COVID-19 pandemic Kampala, Uganda | JULIUS BUSINGE | What is the future of agribusiness given the prevailing effects brought about by coronavirus pandemic? How can agribusiness enterprises weather these effects and remain profitable while contributing growth of the economy? These are some of …

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Stanbic Bank profits fall as COVID-19 hit

The lender recorded a 4.9% drop in net profit to Shs127.4billion Kampala, Uganda | ISAAC KHISA | Stanbic Bank has suffered a 4.9% drop in pre-tax profit in the first half of the year as credit impairment charge and coronavirus disruption takes toll on the country’s largest commercial lender. The …

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AfCFTA gets permanent home in Accra

Can world’s biggest trade bloc wean Africa off expensive aid? Kampala, Uganda | RONALD MUSOKE | On Aug.17, Nana Akufo-Addo, the Ghanaian president, launched the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA) four months ahead of the day African countries are expected to start trading in goods …

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UEDCL seeks $3.1million to expand pole plant

Plan will support government’s development targets relating to electricity distribution countrywide Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Distribution Company Limited is seeking US$3.1million (approx. Shs11billion) to start construction of its mega pole production plant in Wakiso District. Paul Mwesigwa, the managing director for UEDCL said on Aug.17 that …

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Africa’s presidents wrongly stereotyped

They are serious political actors, not mere acentric characters | ANAÏS ANGELO | All-powerful presidents are an essential part of a stereotypical representation of African politics controlled by a few individuals, rather than by institutions. This view has been reinforced by a literary tradition sanctifying the biographies of “great men” …

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