The mental health benefits of horror movies | THE INDEPENDENT | Monsters under the bed, zombies rising from the grave, and chainsaw-wielding maniacs aren’t exactly the first things that come to mind when one is trying to conjure soothing images. Yet, for many horror movie aficionados, part of the draw …
Read More »Mental health crisis
New report shows that investment in mental health is still lacking Kampala, Uganda | PATRICIA AKANKWATSA | Uganda spends 9.8% of its GDP on healthcare and only 1% of that is spent on mental healthcare. Dr. Juliet Nakku, the Executive Director of Butabika National Referral Hospital, says that the current …
Read More »Stanbic Bank, KACITA move on Asian markets
Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …
Read More »Uganda gets Shs2.7bn from Sweden for solar energy
Uganda Electricity Generation Company Limited has secured Shs2.7bn grant from Sweden’s Swedfund to conduct feasibility studies for floating solar development in the country. | THE INDEPENDENT | UEGCL Chief Executive Officer, Harrison Mutikanga and the Sweden Ambassador to Uganda Maria Hakanson signed memorandum of understanding in Kampala on Oct.12. “The …
Read More »Stock market boost as MTN listing takes shape
Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …
Read More »Multi-billion Isimba and Karuma Hydropower Dams: How Chinese loan ‘spillovers’ are creating new growth opportunities
Ugandan government has in the past years faced harsh criticism over regular borrowings from China Import Export Bank to facilitate development of infrastructure projects including hydropower dams, roads and possibly soon the planned Standard Gauge Railway. But the Chinese loans have also had a fair share of positive aspects to …
Read More »Uganda faces serious hunger
New Global Hunger Index names Uganda along 30 other countries Kampala, Uganda | RONALD MUSOKE | Uganda is among six African countries whose “food scarcity” situation has been categorised as “serious” according to the latest Global Hunger Index published on Oct.14 by Concern Worldwide and Welthungerhilfe— two global non-profits that …
Read More »Besigye’s new Front
For pressure group, is competition with Bobi Wine’s NUP better than cooperation? Kampala, Uganda | IAN KATUSIIME | The People’s Front for Transition comes at a time when Dr. Kizza Besigye is marking twenty years since he first ran for president. After four grueling election cycles, Besigye sat out the …
Read More »Inside Besigye’s pipedream
Why Besigye’s struggles are not about democratising Uganda but about making Besigye president THE LAST WORD | ANDREW M. MWENDA | Opposition leader and activist, Dr Kizza Besigye, has launched a new pressure group, the People’s Front for Transition (PFT). Besigye said the strategic objective of the pressure group is …
Read More »Behind MTN share offer
Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …
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