In The Magazine

Its non-performing loans moved slightly from 3.95% to 3.97% Kampala, Uganda | ISAAC KHISA | Centenary Bank has defied the effects of coronavirus pandemic to record a 3.4% growth in net profit to Shs161.2bn for the year ended Dec. 2020. According to the bank’s financial statements, total assets increased from …

It shrugged off the effects of COVID-19 to nearly double net profit to Shs83bn Kampala, Uganda | JULIUS BUSINGE | Bank of Baroda Uganda has reported a sharp growth in annual profits, as earnings from loans, foreign exchange and market securities helped to offset the hit from the low interest …

The Bugolobi-Nakivubo wastewater treatment plant is now operational. The wastewater treatment plant, the largest in the country, takes care of the effluent from the capital Kampala. It is designed to reduce pollution of Lake Victoria. | THE INDEPENDENT | Seven years after the construction of the Bugolobi-Nakivubo wastewater treatment plant …

How communities who regard the animal as a totem are saving it Kampala, Uganda | RONALD MUSOKE | Agnes Nyangoma Mukooto, an elderly grandmother in Kabwoya, a quiet sleepy village near the shores of Lake Albert in mid-western Uganda, grew up listening to her father tell stories about the totem …

Study shows that it can reduce business costs and improve productivity for Uganda’s small-scale sawmillers | ZAINABU KAKUNGULU | Over the past two decades, growing trees, mainly for timber and poles increasingly became a popular investment venture in Uganda. It is estimated that the area of forest plantations in Uganda …

Why it’s a blessing for Nile Basin countries of Africa ANALYSIS | BELACHEW C TESFA, PhD | In 2011, Ethiopia began building the Grand Ethiopian Renaissance Dam Project (GERD) on the Blue Nile River, 60 kilometers from the Sudan border. The reservoir has a storage capacity of 74 billion cubic …

  Uganda marks it amid brutal attacks on journalists ANALYSIS | THE INDEPENDENT | On April 28 Teddy Nakaliga and Amon Kayanja, both reporters for separate TV stations hit the road in Kayunga Village, Wakiso District, to cover a demonstration by residents protesting a two-week power blackout. As Nakaliga narrated …

  How to raise money from ideas that failed Kampala, Uganda | ISAAC KHISA | Finally its May, the month in which parliament as the Committee of Supply debates and passes the 2021/22 national budget. Unlike in recent years, the focus of debate has shifted from sector allocation to another …

 To borrow or not to borrow for infrastructure? Kampala, Uganda | IAN KATUSIIME | Julius Kapwepwe, the director of programmes at Uganda Debt Network, a debt monitoring NGO, Uganda’s national says, to control the country’s spiraling debt, the Ministry of Finance officials must ask themselves some questions every time they …

  How Western interventions in African affairs, even when well intentioned, produce bad results THE LAST WORD | ANDREW M. MWENDA | On April 16 the U.S. government imposed travel restrictions on an unspecified number of unnamed Uganda government officials including members of their immediate families. The justification was their …