Oil, agriculture and BoU to determine the recovery path, executives say Kampala, Uganda | THE INDEPENDENT | Economic recovery in the coming years will largely depend on oil and gas, agriculture and Bank of Uganda’s monetary policy decisions, according to Absa Bank Uganda executives. Speaking via a recent virtual conference …
Read More »Mutebile keeps central bank rate at 6.5%
Says private sector credit growth remains subdued driven largely by low demand Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s decision to keep the central bank rate unchanged at 6.5% in the next three months has sent a signal to the market that Covid-19 containment measures are still a …
Read More »Economy not recovering soon, says Bank of Uganda
Who are the winners and losers? ANALYSIS | THE INDEPENDENT | The second wave of COVID-19 appears to have hit the economy severely and dimmed prospects for a quick recovery, according to the latest Bank of Uganda monetary Policy Statement for August 2021. The statement is the first major economic …
Read More »Obama’s `Promised Land’
How the former president’s memoirs show a good insight to US politics but provides prejudice on other nations THE LAST WORD | ANDREW M. MWENDA | I find former U.S. president, Barack Obama, intelligent, thoughtful, insightful, socially intelligent, calm and reasonable. But I also find him pompous, pretentious, opportunistic, arrogant …
Read More »Why Museveni is targeting Mailo
Experts say land issue might end badly, if not handled well Kampala, Uganda | RONALD MUSOKE | Since President Yoweri Museveni’s ‘attack’ on Mailo land ownership — one of the four land tenure systems under which Ugandans can own land—public debate has reached a crescendo with Kabaka Ronald Muwenda Mutebi …
Read More »IN THE INDEPENDENT: Why Museveni is targeting Mailo
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Why Museveni is targeting Mailo: Experts say land issue might end badly, if not handled well THE LAST WORD Obama’s `Promised Land’: How the former president’s memoirs show a good insight to US …
Read More »Poverty undermines Uganda’s public education
How the incidence, depth, duration, and timing of poverty together influence a child’s educational attainment COMMENT | HAMZA WAMONO | March 2020 will forever be remembered in the education community as the month when all schools in the country shut their doors. The government instituted nationwide school closures due to …
Read More »How to end the pandemic
No single approach will ever be enough | WILLIAM A. HASELTINE | The United States has now entered its fifth wave of COVID-19 infections. In each one, the country has paid a high price for doing far less than it could. In the first wave, lockdowns and other restrictions …
Read More »Art creates freedom from Depression
The creative process creates an expanded capacity of joy, love and confidence Kampala, Uganda | DOMINIC MUWANGUZI | Questions abound how communities across the world can now cope with the increasing numbers of depression in the population. This is as a result of the Covid-19 pandemic which has inspired a …
Read More »COVID-19 pushes self-medication up
Doctors warn practice can result in improper treatment or cause new illness Kampala, Uganda | PATRICIA AKANKWATSA | More Ugandans are treating themselves without first seeking medical adviceas the COVID-19 pandemic rages. The Council of Pharmaceutical Society of Uganda made the revelation in a recent statement. “With the surge of …
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