The new technology extends relief to insurers to curb industry fraud Kampala, Uganda | ISAAC KHISA | For many years, Uganda’s insurance firms have failed to grow the Motor Third Party Insurance business amidst a surge in the number of vehicles on the roads as a section of motorists resorted …
Read More »Poaching up under COVID-19 lockdown
Park communities join organised criminals for survival as absence of tourist dollars spreads poverty Kampala, Uganda | RONALD MUSOKE | Poaching in Uganda’s national parks has doubled during the COVID-19 pandemic compared to the same period last year, say officials at the Uganda Wildlife Authority (UWA), the national conservation agency. …
Read More »Africa’s ‘Leaders for Life’
Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state, but civil society and regional blocs may be slowing the trend of extending presidential terms in some areas | CLAIRE FELTER | Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state. Some postcolonial …
Read More »Aceng unmasked
‘Mama Corona’ exposed as a lie Kampala, Uganda | MUBATSI ASINJA HABATI | Dr. Jane Ruth Aceng, Uganda’s Minister of Health, has got her baptism of fire into elective politics. After appearing to be holding a rally without wearing a face mask and in total disregard for physical distancing; …
Read More »The end of opposition
Bobi Wine gains as Besigye, Mao, Akena kill their parties Kampala, Uganda | JULIUS BUSINGE | The 2021 general elections have come at the best time for the leaders of Uganda’s three main political parties; the Forum for Democratic Change (FDC), the Democratic Party (DP), and the Uganda Peoples Congress …
Read More »IN THE INDEPENDENT: The end of the opposition
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY The end of opposition: Bobi Wine gains as Besigye, Mao and Akena kills their parties THE LAST WORD Impunity and corruption at Bank of Uganda: Why BOU’s sale of Crane Bank will go …
Read More »Interest rate cap could hit commercial banks
Central bank’s move could reduce the industry’s profitability | THE INDEPENDENT | Uganda’s central bank has threatened to cap interest that commercial banks can charge borrowers following the industry’s failure to lower interest rates in response to the cuts in the Central Bank Rate, according to its governor, Emmanuel Tumusiime-Mutebile. …
Read More »Managing arguments during lockdown
What monkeys can teach humans spending such prolonged time in close quarters with others | NICOLA F. KOYAMA | The world may be reopening in some places, with people looking forward to pubs, restaurants and haircuts. Many of us will no doubt also be looking forward to some time away …
Read More »Digital technologies can quicken economic recovery – WB
Experts urge government to strengthen regulatory framework, review taxation and promote financial inclusion Kampala, Uganda | JULIUS BUSINGE | The use of digital technologies has potential to jumpstart the economy that has been battered by COVID-19 pandemic, according to the World Bank’s latest Economic Update for Uganda. The report, which …
Read More »Banking behavior to shift post-Covid
Here’s how African banks can adapt to shifts in consumer behavior | THE INDEPENDENT | A new report by McKinsey & Company says in order to stay relevant and responsive to consumer needs, banks will need to consider both short-term expectations and long-term post-COVID-19 shifts in consumers’ preferences and behaviors. …
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