Through resilience and determination street artist Deogratius Masembe courts both local and foreign audiences to tell his story of triumph and failure ART | DOMINIC MUWANGUZI | Under the mid-day scorching sun in Kazo- Bwaise, a busy suburb in Kampala city, a young man expertly cuts and bends small wires into …
Read More »Uganda’s post-USAID health reality
Experts advise on how country can build sustainable systems ANALYSIS | IAN KATUSIIME | When U.S. President Donald Trump on March 06 announced aid suspension to South Africa over a disagreement, it was a vindication for the country. South African President Cyril Ramaphosa confidently made the point to Trump in a …
Read More »Green mandate for Ugandan banks
Industry leaders at the Climate Finance Conference call for robust policies, enhanced capacity, and innovative products to embed sustainability in Uganda’s financial system Kampala, Uganda | JULIUS BUSINGE | Financial experts have called on banks and financial institutions to strengthen their commitment to green financing by implementing clear policies, enhancing human …
Read More »Uganda’s SMEs get Shs 1.8bn funding boost
Kampala, Uganda | THE INDEPENDENT | A new partnership between SHONA Capital and Cornerstone Asset Managers is injecting $500,000 (USh1.84bn) into Uganda’s small and medium-sized enterprises, a move that underscores growing momentum to domesticate financing for the country’s backbone businesses. The investment, sourced from high-net-worth individuals through Cornerstone’s Private Wealth Management …
Read More »Rwanda’s economy grew by 8.9% in 2024
This growth has translated into significant improvements in the labor market, with the creation of over half a million new jobs year-on-year Rwanda | THE INDEPENDENT | Rwanda’s real Gross Domestic Product expanded by 8.9% in 2024, surpassing the previous year’s growth of 8.2%, according to the latest Rwanda Economic Update …
Read More »Tackling Africa’s vaccine supply and demand puzzle
How should continental vaccine manufacturers handle complex dynamics of supply and demand? ANALYSIS | The African Union has embarked on one of its most audacious health security missions: Ensuring that the continent manufactures 60% of its own vaccines by 2040. Africa currently manufactures a lowly 1% of the vaccines. However, since …
Read More »DFCU doubles profit to Shs 72bn as sector competition heats up
Ugandan lender sets sights on profitability top-tier as rivals Stanbic and Bank of Baroda stay ahead—for now Kampala, Uganda | THE INDEPENDENT | In a banking sector still feeling the effects of cautious post-pandemic recovery and tighter monetary conditions, dfcu Bank has delivered a notable performance that signals a shift …
Read More »Uganda Clays Ltd loss widens to Shs 4.95 billion
Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd has reported a net loss of Shs 4.95 billion for the year ending December 31, 2024, driven by increased production costs and finance expenses. This marks a deepening of the company’s loss, compared to Shs 2.85 billion in 2023, despite a 4% …
Read More »Trump eyes DR Congo minerals
President Tshisekedi, visiting American senior advisor, discuss minerals-for-security deal COVER STORY | IAN KATUSIIME | Finally, African countries know that unlike in his first term where they hardly mattered, U.S. President Donald Trump this time has the continent on his agenda. Just as in his first term, President Trump has delayed …
Read More »Trump has a point on Gaza
Why the US president’s seemingly crazy suggestion is the only viable solution to the Palestinian problem THE LAST WORD | Andrew M. Mwenda | For one and a half years, the world has watched in utter helplessness the merciless genocidal campaign Israel is conducting in Gaza to cleanse it of Palestinians. South Africa’s …
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