Their significance for the country’s economy, institutions, and investors navigating economic nuances COMMENT | SYLVER KYEYUNE | In a time marked by significant challenges like the ongoing aftermath of the Covid-19 pandemic, rising geopolitical tensions, such as the Russia-Ukraine conflict, and the urgent threat of climate change, the pursuit of a …
Read More »High-level global summit on traditional medicine
WHO event to explore evidence and opportunities to accelerate health Kampala, Uganda | AGENCIES | The World Health Organization (WHO) is convening the first ever Traditional Medicine Global Summit on 17 and 18 August 2023 in Gandhinagar, Gujarat, India. It is c0o-hosted by the Government of India, which holds the G20 …
Read More »The cost of sleep loss
Why playing catch-up on weekends may not help Kampala, Uganda | AGENCIES | Whether it’s work or play that prevents us from getting enough shut-eye during the week, assuming we can make up for it by sleeping in over the weekend is a mistake. New research led by Penn State reveals …
Read More »Expanded BRICS could re-set world politics
But picking new members isn’t straightforward Kampala, Uganda | BHASO NDZENDZE & SIPHAMANDLA ZONDI | Eager to escape perceived western domination, several countries mostly in the global south are looking to join the Brics bloc. The five-country bloc (Brazil, Russia, India, China and South Africa) is also looking to grow its …
Read More »Mining sector blues
Experts want the government to offer incentives to bolster the sector’s growth Kampala, Uganda | JULIUS BUSINGE | Private sector players have called on the government to offer incentives to players in the mining sector to bolster its growth and create opportunities. Frank Mugyenyi, Founder of Global Minerals Africa Development …
Read More »William Sekabembe retires from dfcu
Kampala, Uganda | THE INDEPENDENT | dfcu’s executive director William Sekabembe will leave the Bank at the end of August after serving in different capacities for 11 years. The Board of dfcu hereby announces the early retirement from the Bank of its executive director,” the notice signed by Angellina Namakula Ofwono, …
Read More »MTN MoMo mulls plan to fund agents, merchants
The company’s agents have declined by 5.5% to 162,000 as it continued to execute its agent rationalisation strategy geared towards sustainable growth Kampala, Uganda | PATRICIA AKANKWATSA | MTN Uganda’s subsidiary, MTN Mobile Money Uganda Ltd, plans to partner with financial institutions to extend credit to MTN Mobile agents and merchants …
Read More »Echoes at Amasaka Art gallery
Three young emerging artists use their bodies and biographies as site and material for experimentation Kampala, Uganda | DOMINIC MUWANGUZI | Contemporary art will necessarily require the making of art out of materials that surround us everyday. It is one of the tenets of this type of art that distinguishes it …
Read More »Airtel Uganda to offer 20% stake through IPO
The company will give more preference to Ugandan investors Kampala, Uganda | PATRICIA AKANKWATSA | Airtel Uganda plans to float a 20% stake in the company, equivalent to 8 billion ordinary shares, via an initial public offer (IPO) to be listed on the Uganda Securities Exchange (USE). The operator said that …
Read More »South African businesses to support Uganda government attract FDI
The Bank of Uganda data shows that the value of the country’s exports to South Africa continues to grow albeit at a slow pace Kampala, Uganda | JULIUS BUSINGE | South African businesses in Uganda and key local institutions including MTN Uganda, Absa Bank Uganda, Sanlam, Nile Breweries Limited, Stanbic Uganda …
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