Although impact cannot be ascertained yet, the poor must be cushioned against worst effects COMMENT | MUKOTANYI ALEX | It was in December 2019 in a Chinese city of Wuhan that a new human coronavirus now popularly known as COVID-19 emerged. As of Friday July10, 2020 all over global Televisions …
Read More »Making money after COVID-19 pandemic
Knight Frank’s virtual meeting gives ideas to business operators Kampala, Uganda | JULIUS BUSINGE | There is life after COVID-19. Business owners should think about adjusting their mode of operations to serve their clients better if they are survive. These are general views that came up during a discussion about …
Read More »2019: Bad year for Uganda Clays
Company executives explain cause of Shs88million loss Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer has recorded Shs88million loss for the year 2019 as opposed to the net profit of Shs1.9bn in 2018. According to the company’s financial statements released on July 17, total …
Read More »Mobile phones start offering third party insurance
The new technology extends relief to insurers to curb industry fraud Kampala, Uganda | ISAAC KHISA | For many years, Uganda’s insurance firms have failed to grow the Motor Third Party Insurance business amidst a surge in the number of vehicles on the roads as a section of motorists resorted …
Read More »Poaching up under COVID-19 lockdown
Park communities join organised criminals for survival as absence of tourist dollars spreads poverty Kampala, Uganda | RONALD MUSOKE | Poaching in Uganda’s national parks has doubled during the COVID-19 pandemic compared to the same period last year, say officials at the Uganda Wildlife Authority (UWA), the national conservation agency. …
Read More »Africa’s ‘Leaders for Life’
Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state, but civil society and regional blocs may be slowing the trend of extending presidential terms in some areas | CLAIRE FELTER | Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state. Some postcolonial …
Read More »Aceng unmasked
‘Mama Corona’ exposed as a lie Kampala, Uganda | MUBATSI ASINJA HABATI | Dr. Jane Ruth Aceng, Uganda’s Minister of Health, has got her baptism of fire into elective politics. After appearing to be holding a rally without wearing a face mask and in total disregard for physical distancing; …
Read More »The end of opposition
Bobi Wine gains as Besigye, Mao, Akena kill their parties Kampala, Uganda | JULIUS BUSINGE | The 2021 general elections have come at the best time for the leaders of Uganda’s three main political parties; the Forum for Democratic Change (FDC), the Democratic Party (DP), and the Uganda Peoples Congress …
Read More »IN THE INDEPENDENT: The end of the opposition
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY The end of opposition: Bobi Wine gains as Besigye, Mao and Akena kills their parties THE LAST WORD Impunity and corruption at Bank of Uganda: Why BOU’s sale of Crane Bank will go …
Read More »Interest rate cap could hit commercial banks
Central bank’s move could reduce the industry’s profitability | THE INDEPENDENT | Uganda’s central bank has threatened to cap interest that commercial banks can charge borrowers following the industry’s failure to lower interest rates in response to the cuts in the Central Bank Rate, according to its governor, Emmanuel Tumusiime-Mutebile. …
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