Lloyd Jonathan Busuulwa is the head Alternative Channels at dfcu Bank. He spoke to The Independent’s Isaac Khisa about the Bank’s digital strategy and the future of banking going forward. dfcu Bank embarked on a digital transformation journey in 2017. What progress have you registered? dfcu Bank’s digital transformation journey …
Read More »Business activities still slow in July – Survey
But players expect recovery due to easing of COVID-19 lockdown measures Kampala, Uganda | JULIUS BUSINGE | Business captains are optimistic that activity will rebound once lockdown restrictions are lifted by government, according to the July Purchasing Managers’ Index (PMI). Experts expect opportunities in form of new jobs and economic …
Read More »Financial markets, exchange rates likely to remain stable
Stanbic Bank has just held its annual financial market event that brings together its clients and investors to share views on trends and outlook on financial markets, foreign exchange and interest rates. The media had an interaction with the Head of Trading at Stanbic Bank Ronald Muyanja and he shares …
Read More »Cipla gets new CEO to replace Nervin Bradford
The new appointment comes at the time the drug maker’s share price has fallen below the IPO price Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Ltd, the producer of human drugs including anti-malarial and anti-retroviral is now set to receive a new managing director, Ajay Kumar Pal to …
Read More »Stanbic half-year profits up 21.5% to Shs 154.9bn
Company to focus on investing in technology and digital solutions to enhance customer experience Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Limited (SHUL) has demonstrated business resilience, weathering effects of the coronavirus pandemic to post an impressive 21.5% growth in profit after tax to Shs154.9bn for the first …
Read More »If I’ve already had COVID, do I need a vaccine?
And how does the immune system respond? Sunit K. Singh; Professor of Molecular Immunology and Virology, Institute of Medical Sciences, Banaras Hindu University, explains: Over a year into the pandemic, questions around immune responses after COVID continue to confound. One question many people are asking is whether the immunity you …
Read More »Understanding Ethiopia’s conflict in Tigray
The conflagration between well-armed factions inside of Ethiopia could force Addis Ababa to abandon its role of regional anchor state | THE INDEPENDENT | For the judicious observer of Ethiopia’s ethnic politics, there have been signs of ominous tensions between Tigray and the central government since Ethiopian Prime Minister Abiy …
Read More »Inside Museveni, Ruto election deal
What Ugandan leader hopes to achieve by backing the Kenya 2022 frontrunner Kampala, Uganda | IAN KATUSIIME | The Kenyan government may have blocked the deputy president William Ruto from travelling to meet Ugandan President Yoweri Museveni on Aug. 2 but insiders say that the bond between the two politicians …
Read More »Museveni retires 14 army Generals
Why did Commander-in-Chief keep many others in, who want out? Kampala, Uganda | IAN KATUSIIME | The recent retirement of 14 UPDF Generals; Ivan Koreta, Pecos Kutesa, Jim Owoyesigire, Robert Rusoke, Fred Mugisha and nine others follows a pattern of careful selection. Some Generals who have clamoured for retirement from …
Read More »Uganda’s self-destructive impulses
THE LAST WORD | ANDREW M. MWENDA | Since the NRM government fully embraced neoliberal reforms in 1992, Uganda has witnessed the growth to dominance of multinational capital in our economy and with that the equal decline to near-insignificance of local/national/domestic/indigenous capital. But this has only been successful because the …
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