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In The Magazine

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Stanbic Bank reports 23.5% rise in H1 profit

This comes as the economy continues to recover from the consequences of the Covid 19 pandemic, the Russia-Ukraine war, and the tightening of global financing conditions Kampala, Uganda |  THE INDEPENDENT | Uganda’s biggest bank, Stanbic Bank, has reported a 23.5% rise in the first-half profit after tax to Shs 200bn …

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Kenya, US trade deal

They are negotiating what could be a model for Africa Kampala, Uganda |  THE INDEPENDENT | The U.S. and Kenya announced a trade and investment partnership in July 2022. During a virtual meeting on July 14, 2022, United States Trade Representative, Katherine Tai, and Kenya’s Ministry of Industrialisation, Trade and Enterprise …

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Banks strive to counter cyber threats

Annual Bankers’ Conference 2023 unveils strategies for digital resilience Kampala, Uganda | PATRICIA AKANKWATSA | Cybersecurity has become a critical concern as digital transformation sweeps across Uganda’s banking landscape. The recently concluded Annual Bankers’ Conference 2023 provided a platform for industry leaders, experts, and stakeholders to deliberate on the escalating cybersecurity …

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Economists reconsider industrial policy

Recent research takes a productive approach than in the past when economists focused on simple indicators COMMENT | DANI RODRIK, REKA JUHASZ & NATHAN LANE | As policymakers around the world embrace industrial policy in pursuit of a wide variety of objectives  supply-chain resilience, green technologies, geopolitical advantage, good jobs  the …

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A new playbook for preserving nature

Recommendations on how best to shape a new generation of markets that conserve rather than destroy nature COMMENT | SANDRINE DIXSON-DECLEVE & SIMON ZADEK | The global economy is addicted to the relentless  and unsustainable  extraction of natural resources. Yet despite our complete dependence on nature, its contribution  for example, the …

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Untapped wind energy potential in Karamoja

A solution to climate change induced food insecurity and conflicts in the semi-arid mineral rich region COMMENT | BWESIGYE DON BINYINA | According to a recent report by the East African newspaper, Uganda is on the verge of becoming the first East African country to attain energy surplus and security status. …

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