In The Magazine

Following in the footsteps of its Ottoman forefathers, Ankara sees Africa as a core part of its global political and economic engagement ANALYSIS | RAPHAEL PARENS & MARCEL PLICHTA | Turkey is not the largest power interested in Africa. Its economic engagement, arms sales, and foreign aid are dwarfed by one …

Road accidents cost Uganda US$1.2 billion annually, which is about 5% of its GDP ANALYSIS | CLAUDE RAISARO | Every day, 10 people die on the roads of Kampala, Uganda’s capital. Road accidents cost Uganda US$1.2 billion annually, which is about 5% of its GDP. The cost typically arises from healthcare spending. Families …

Through resilience and determination street artist Deogratius Masembe courts both local and foreign audiences to tell his story of triumph and failure ART | DOMINIC MUWANGUZI | Under the mid-day scorching sun in Kazo- Bwaise, a busy suburb in Kampala city, a young man expertly cuts and bends small wires into …

Experts advise on how country can build sustainable systems ANALYSIS | IAN KATUSIIME | When U.S. President Donald Trump on March 06 announced aid suspension to South Africa over a disagreement, it was a vindication for the country. South African President Cyril Ramaphosa confidently made the point to Trump in a …

Industry leaders at the Climate Finance Conference call for robust policies, enhanced capacity, and innovative products to embed sustainability in Uganda’s financial system Kampala, Uganda | JULIUS BUSINGE | Financial experts have called on banks and financial institutions to strengthen their commitment to green financing by implementing clear policies, enhancing human …

Kampala, Uganda | THE INDEPENDENT | A new partnership between SHONA Capital and Cornerstone Asset Managers is injecting $500,000 (USh1.84bn) into Uganda’s small and medium-sized enterprises, a move that underscores growing momentum to domesticate financing for the country’s backbone businesses. The investment, sourced from high-net-worth individuals through Cornerstone’s Private Wealth Management …

This growth has translated into significant improvements in the labor market, with the creation of over half a million new jobs year-on-year Rwanda | THE INDEPENDENT | Rwanda’s real Gross Domestic Product expanded by 8.9% in 2024, surpassing the previous year’s growth of 8.2%, according to the latest Rwanda Economic Update …

How should continental vaccine manufacturers handle complex dynamics of supply and demand? ANALYSIS | The African Union has embarked on one of its most audacious health security missions: Ensuring that the continent manufactures 60% of its own vaccines by 2040. Africa currently manufactures a lowly 1% of the vaccines. However, since …

  Ugandan lender sets sights on profitability top-tier as rivals Stanbic and Bank of Baroda stay ahead—for now Kampala, Uganda | THE INDEPENDENT | In a banking sector still feeling the effects of cautious post-pandemic recovery and tighter monetary conditions, dfcu Bank has delivered a notable performance that signals a shift …

Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd has reported a net loss of Shs 4.95 billion for the year ending December 31, 2024, driven by increased production costs and finance expenses. This marks a deepening of the company’s loss, compared to Shs 2.85 billion in 2023, despite a 4% …