In The Magazine

Back to the drawing board: UTL’s prospective investor fails to raise capital, but the good news is that the company is yet to accrue new debts Kampala, Uganda | JULIUS BUSINGE | Ugandan government is back to the drawing board to identify a new prospective investor to take over 69% …

Why putting money on Kasaija not Bahati is smart Kampala, Uganda | DAVID AJUNA | On Jan.20 David Bahati, the minister of state for Finance made an announcement that has shaken the betting industry in Uganda and attracted international attention. Bahati who was speaking at an event in Rugarama, in …

Mutebile maintains CBR at 10% and projects 6.3% growth of the economy Kampala, Uganda | JULIUS BUSINGE | Borrowers from commercial banks will not experience changes in lending rates in the coming few months after Bank of Uganda maintaining the central bank rate –which influences changes in interest rates market …

Across the world, discussions around food are changing from focusing on just whether there are enough quantities to feed everybody to whether people are consuming quality. Experts are worried about increasing Non- Communicable Diseases which have a direct link to what people eat. Obesity used to be mainly a problem …

National Coordinator Kamugisha accused of embezzling funds to acquire property Kampala, Uganda | IAN KATUSIIME | Blaise Kamugisha, the National Coordinator of Crime Preventers has in a short time reportedly bought himself four cars, a house, a farm, a shop in Kikuubo; the business hub of Kampala, and prime plots …

THE LAST WORD: How institutional independence allowed the central bank to indulge in gross mismanagement and incompetence THE LAST WORD | ANDREW M. MWENDA | Last week was the most shameful for Bank of Uganda. During hearings before the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) it …

Under the spotlight: the law and big money Kampala, Uganda | HAGGAI MATSIKO | After ending its public hearings into Bank of Uganda’s closure of seven commercial banks, attention is shifting to the recommendations the Parliamentary Committee on Commissions, Statutory Authorities, and State Enterprises (COSASE), is set to make. It …

Kagame replaced by Egypt’s Abdel Fattah as AU heads of state meet in Addis President Yoweri Museveni arrived in Ethiopia’s capital of Addis Ababa on Feb.09 where African Union (AU) heads of State convened for a two day summit that saw Rwandan President Paul Kagame handle over the mantle to …

Kadaga wants Executive to respect Parliament’s independence | Kampala, Uganda | The Independent | At a meeting in Geneva Switzerland, Speaker Rebecca Kadaga has stressed the need for the Executive to respect the independence of Parliament, saying it is an inevitable balance required in strengthening democratic governance. Kadaga said issues …

South Sudanese refugees return home | Kampala, Uganda | The Independent | On Feb. 06, Joel Boutroue, representative of United Nations High Commission for Refugees (UNHCR) in Uganda said that over 20,000 refugees from South Sudan have returned home as efforts to restore peace in the war tone country continues. …