Recent events show that Africa’s dependence on external sources of finance is no longer sustainable. It is time for the continent to develop its own lending institutions | HANNAH RYDER AND OVIGWE EGUEGU | Amid all the distress of the Covid-19 pandemic in 2020, progress on the African Continental Free …
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Uganda’s economy is slowly opening up amidst coronavirus pandemic, rising hope for the banking industry’s quick recovery. The Independent’s Isaac Khisa caught up with the Absa Bank Uganda Managing Director, Mumba Kalifungwa, and shares the industry’s projected performance and the future outlook. What do you make of Uganda’s banking industry …
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The carrier takes on Kenya Airways, RwandAir, Air Tanzania and Ethiopian Airlines which dominates the new routes Kampala, Uganda | ISAAC KHISA | Uganda’s national carrier, Uganda Airlines, is set to tighten competition in the East Africa’s aviation market with the unveiling of new routes. The carrier has announced …
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But World Bank warns of looming danger ANALYSIS | THE INDEPENDENT | Uganda’s economy could escape the worst effects of the COVID-19 pandemic and post one of the higher growth figures on the African continent in 2021, according to the latest Global Prospects Report of the World Bank released this …
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Opportunities, Challenges, and why full implementation of the historic pact may take years ANALYSIS | THE INDEPENDENT | African countries began officially trading under the new African Continental Free Trade Area (AfCFTA) on Jan.01. It is a flagship project of the African Union’s Agenda 2063 to stimulate intra-African trade. In …
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Here’s who will win and who will lose ANALYSIS | STEVE SCHIFFERES | The coronavirus has crippled the world economy. Global GDP in 2020 suffered its sharpest drop since the end of the Second World War, millions were unemployed or furloughed, and governments pumped trillions of dollars into their economies …
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Chinese foreign minister Wang’s visit to Africa is another missed opportunity to seal deals ANALYSIS | THE INDEPENDENT | Chinese Foreign minister Wang Yi has been on a five-nation tour in Africa that started on Jan.04 and took him to Nigeria, the Democratic Republic of the Congo, Botswana, Tanzania and …
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America’s past tells us the farce in Pennsylvania on Jan.05 and the tragedy in the Capitol Jan.06 have something unsettling in common. ANALYSIS | RICHARD PRIMUS | One day before a political mob stormed the U.S. Capitol, a less violent breach of norms dominated the day in a different capitol …
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Why former EC boss Kiggundu warned new EC boss Byabakama COVER STORY | Ronald Musoke |To use or not to use mobile phone cameras at polling stations? That looks set to be one of the major points of confrontation when Ugandans vote in the general election on Jan.14. In his …
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Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Can EC boss Byabakama follow the law? Why former EC boss Kiggundu warned him WORLD NEWS Regime change in America: America’s past tells us the farce in Pennsylvania on Jan.05 and the tragedy …
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The Independent Uganda: You get the Truth we Pay the Price