Chinese lending in Africa has provided billions of dollars for crucial infrastructure projects. As Beijing tightens its belt, how Africa will fix the deficit? | GYUDE MOORE | After nearly two decades of significant bilateral lending, researchers have seen a drastic decline in lending from China’s policy banks. The impact …
Read More »Low milk prices hit farmers’ income
Kenya’s ban on milk imports from Uganda is to blame Kampala, Uganda | JULIUS BUSINGE | Norman Nduho Kapaapa, a dairy farmer from Rwamuranda village, Kanyalyeru Sub-county, Kiruhura district loves President Yoweri Museveni’s message that urges Ugandans to engage in commercial agriculture to fight poverty. “I would like to thank …
Read More »Equity Group profits up 64% to Kshs8.7bn
The lender has also recorded a surge in operational expenses during the same period under review Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded a huge surge in profits amidst the multi-faceted Covid-19 pandemic crisis of health, economic disruption and humanitarian challenges. Latest financial results …
Read More »COVID-19 affecting Uganda- DRC trade
In theory, travellers need to present a COVID-negative test issued no more than 120 hours before travel – but in practice this is not enforced for small-scale traders | KRISTOF TITECA | Informal cross-border trade, which includes smuggling, is hugely important for survival in, around and beyond border regions. Across …
Read More »An elder statesman’s advice for Kadaga
As former Speaker ponders next move amid backlash from NRM Kampala, Uganda | IAN KATUSIIME | Aggrey Awori, former presidential candidate and former minister in President Yoweri Museveni’s government has some advice for ex Speaker Rebecca Kadaga; “remain steadfast in National Resistance Movement (NRM) and help inexperienced legislators on parliamentary …
Read More »Kadaga’s political suicide
How the former parliamentary speaker made a series of blunders that may sink her otherwise great political career THE LAST WORD | ANDREW M. MWENDA | Rebecca Kadaga is a lady of many parts. For twenty years, she held sway over Uganda’s parliament: first as deputy speaker (20001-2011), and then …
Read More »Oulanyah’s parliament takes shape
Grabbing gavel from Kadaga was the easier part Kampala, Uganda | IAN KATUSIIME | Until recently, it would have been impossible to imagine Omoro County MP Jacob Oulanyah sitting with maverick Mityana Municipality MP Francis Zaake to discuss national issues. But now they must, after Oulanyah, who has been deputy …
Read More »COVID-19 second wave hits
CORONAVIRUS 2ND WAVE: How will Uganda cope without vaccines? THE INDEPENDENT | RONALD MUSOKE | The let-up in COVID-19 infections at the beginning of this year could have made many Ugandans think that they had finally won the battle against the disease. This was mainly because of the low number …
Read More »IN THE INDEPENDENT: Oulanyah’s parliament takes shape
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER Oulanyah’s Parliament takes shape: Grabbing mace from Kadaga was the easier part THE LAST WORD Kadaga’s political suicide: How the former parliamentary speaker made a series of blunders that may sink her otherwise great …
Read More »The high cost of underrating Africa
`Perception premiums’ shouldn’t overinflate risks perennially assigned to a brighter Africa COMMENT | HIPPOLYTE FOFACK | In 2020, the COVID-19 pandemic caused Africa’s first recession in 25 years. The sharp tightening of global financial conditions triggered sudden stops in foreign direct investment and massive capital outflows, alongside one of the …
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The Independent Uganda: You get the Truth we Pay the Price