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In The Magazine

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Economy expands in 2018

Economists still question its impact on people’s pockets Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy expanded faster than expected in the past 10 months compared with the previous year supported by accommodative monetary policy, rebound in private sector credit and continuous investment in infrastructure. Data from Bank of Uganda, Ministry …

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Banks 2018 surprise

Low interest rates still hinder industry profitability Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks will pull off a surprise profit growth amidst low interest rates that dominated 2018. This is due to a sharp decline in the Non Performing Loans and growth in the private sector credit as prospective …

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This tiny sticker keeps fruits fresh for 14 days?

Kampala, Uganda | THE INDEPENDENT | Food waste is one the greatest challenges of our time, and fruits and vegetables are particularly problematic, as an estimated 52% of harvests go bad before reaching consumers. But one Malaysian company claims to have come up with a simple and effective solution to this …

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REVIEW: Winners & inventors of 2018

Kampala, Uganda | THE INDEPENDENT | Dec. 15: Miss Uganda Quiin Abenakyo was crowned Miss World Africa at the 2018 Miss World finale in China. Quinn is the first Miss Uganda to make it to the top 5 finalists. The Miss World title went to Mexico’s Vanessa Ponce de Leon with …

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EU boosts Uganda’s coffee sector

Kampala, Uganda | THE INDEPENDENT | Uganda’s coffee sector has 3.7million Euros boost to help increase market access to the largest and most lucrative markets in the world. The EU accounts for 30% of the annual global coffee consumption. Finance Minister, Matia Kasaija said, “This intervention will in return help improve …

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Maiden Intra-African Trade Fair held in Egypt

Kampala, Uganda | THE INDEPENDENT | The first-ever Intra-African Trade Fair (IATF) to be held on the continent was held in Cairo, Egypt, between Dec.11-17, with the President of the African Export-Import Bank, Prof. Benedict Oramah, calling for the implementation of initiatives that will add meaning to that African Continental Free …

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