Why they tell us more about the community the students live in than what they know ANALYSIS | CHRISTOPHER TIENKEN | Every year, policymakers around the world make life-changing decisions based on the results of standardised tests in schools. These high-stakes decisions include, but are not limited to, student promotion …
Read More »Stanbic Bank rises dividend payout as profit surges to Shs 215bn
The lender’s cost cutting strategy delivered good returns Kampala, Uganda | ISAAC KHISA | Uganda’s largest commercial bank, Stanbic Bank, seem to have surprised its investors with a 7% growth in net profit to Shs 215bn in 2018, closing out the year that the banking industry generated some Shs 700bn …
Read More »Wishing others well boosts your health
Kind people are happier and less anxious | ANA SANDOIU | Whether it is escaping the city, going for a walk, or hanging out with our friends, we all have our strategies for reducing anxiety, coping with the stresses of modern life, or just lifting our mood. But what role …
Read More »Umeme’s surprise profit growth
Company expects more revenue from government’s free connection policy Kampala, Uganda | JULIUS BUSINGE | Power distributor, Umeme Limited recorded a 70% jump in profit after tax for the year ended December 2018 compared to the previous year. This came after the company settling a conflict regarding a specific clause …
Read More »Behind dfcu’s 52% decline in net profit
Top managers are optimistic the future of the business is bright Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu would be happier if the bank’s financial accounts showed a decline in costs and increase in revenue. This is not the case for the financial year 2018. However, dfcu’s …
Read More »Remaking Africa’s tax system
A digital overhaul of Africa’s tax system is needed to boost revenue collection, regional coordination and financing, Adam Elhiraika, Director of Macroeconomic Policy at the Economic Commission for Africa says in conversation with Shoshana Kedem during the recently Conference of African Ministers of Finance, Planning and Economic Development in Marrakech, …
Read More »INTERVIEW: 40-year Moshi lessons for younger Ugandans
Moshi teaches us that anybody with a simple gun must never be allowed to take over power when they have no idea on how to use it – Kabwegyere Prof. Tarsis Kabwegyere was the convener of the Moshi conference held in March 1979 in Moshi, Tanzania . Its agenda was …
Read More »How ‘unity’ died in Uganda
Remembering the Moshi Spirit of the 1979 liberation war Kampala, Uganda | THE INDEPENDENT | This week marked 40 years since a combined force of armed groups of Ugandan exiles under the Uganda National Liberation Front/Army (UNLF/A) and the Tanzania Peoples Defence Forces (TPDF) toppled the government of then-president of …
Read More »Uganda’s storm in a teacup
How our MPs invented a scandal around Uganda Airlines’ shares and our chattering elites joined the chorus THE LAST WORD | ANDREW M. MWENDA | Those who can make you believe absurdities can make you commit atrocities,” Voltaire Last week, our parliamentar- ians alleged that some unscrupulous ministers had stolen …
Read More »Museveni succession
Why NRM doesn’t want to talk about it Kampala, Uganda | HAGGAI MATSIKO | In 2021 when Uganda goes to the next polls, President Yoweri Museveni will be 77 years. At the next polls in 2026, he will be 82 years and possibly one of the oldest state leaders in …
Read More »