Company executives are optimistic the remaining half will see a surge in power sales, profitability as government relaxes COVID-19 lockdown Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distributor, Umeme, is now pinning its profit growth on the remaining six months of the reporting year following government’s move to ease …
Read More »Uganda in tough test on oil money
Secret dirty deals could end as govt signs transparency initiative Kampala, Uganda | RONALD MUSOKE | Uganda’s recent admission into the Extractive Industries Transparency Initiative (EITI) is a “step in the right direction,” according to local civil society. But many also remain cautious. Gerald Byarugaba, the extractive industries coordinator at …
Read More »Coronavirus spreading fast
August infections are highest so far, but September could be worse Kampala, Uganda | THE INDEPENDENT | Government officials are warning of likelihood of a return to a harder lockdown if the numbers of COVID-19 infections continue going up very fast. The Minister of Health, Dr. Jane Ruth Aceng, on …
Read More »Lessons from youth elections
Why the opposition in Uganda needs to take organisation and unity seriously if they are to have a chance THE LAST WORD | ANDREW M. MWENDA | The nationwide youths elections this week should give the opposition in Uganda, especially the National Unity Platform (NUP), time to pose and reflect. …
Read More »Should Bobi Wine fear DP oldies?
Making sense of ‘crossing’ MPs Kampala, Uganda | MUBATSI ASINJA HABATI | Kyadondo East MP Robert Ssentamu Kyagulanyi aka Bobi Wine was four years old when the current parliament system under President Yoweri Museveni’s government was set up in 1986. Now Bobi Wine appears set for a major role as …
Read More »IN THE INDEPENDENT: Should Bobi Wine fear DP oldies?
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Should Bobi Wine fear DP oldies? : Making sense of `crossing’ MPs THE LAST WORD Lessons from youth elections: Why the opposition in Uganda needs to take organisation and unity seriously if …
Read More »Uganda’s economic outlook remains uncertain
Bank of Uganda is optimistic the economy will recover amidst challenges Kampala, Uganda | JULIUS BUSINGE | Can Uganda’s economy recover at a much needed speed amidst threats posed by COVID-19? This is the question that the Bank of Uganda technical managers seem to be pondering with as they keep …
Read More »Equity Bank strengthens foot print in DRC with new acquisition
It paid Shs347bn for the 66.53% stake in a DRC bank Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has completed the acquisition of Banque commercial du Congo, (BCDC) in the Democratic Republic of Congo, further strengthening is foot print on the African market. This follows a …
Read More »Revolution or reform
Lebanon’s only way out must tackle sectarianism and corruption | NABEEL KHOURY | According to the old Phoenician legend, Lebanon dies but repeatedly rises from the ashes. After historic fires, foreign invasions, and civil wars, this adage seems to ring true, especially for the Lebanese who have always thought of …
Read More »Scientific networks help Uganda access COVID-19 lab supplies
Local scientists join other Africans using international connections to boost their countries’ virus-fighting capabilities. | LINDA NORDLING | In February, Prof. Moses Joloba, a Ugandan microbiologist who usually works on tuberculosis diagnostics, received an unusual offer from a collaborator in the United States. The collaborator’s institution, Case Western Reserve University …
Read More »