How gross absurdities and misguided corruption fears have killed Uganda’s oil industry THE LAST WORD | ANDREW M. MWENDA | Uganda has been trying to get oil of out the ground for the last 12 years, having discovered reserves in 2007. Last week Tullow ended its proposed farm-down to CNOOC …
Read More »Museveni cornered on Shs 446 bn oil money
Will he flee or fight oil firms? Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s plan to get Shs 446 billion from Uganda’s Petroleum Fund to finance part of the budget deficit this year may have been dashed when Tullow Oil refused to cough up Shs 600 billion in …
Read More »Uganda Airlines’ revival
Artist casts a critical eye on ambiguity Kampala, Uganda | DOMINIC MUWANGUZI | A lot has been said about the revival of the Uganda Airlines; mostly how it is going to change the economic fortunes of the country through promoting tourism and boosting Uganda as a brand internationally. With this, …
Read More »Road accident victims
Where is the compensation from insurance companies? | THE INDEPENDENT | We begin with an extended excerpt from former Minister of Finance, Prof. Ezra Sabiti Suruma’s 2014 book titled `Advancing the Ugandan Economy: A personal Account’. On page 159, he writes: In some accidents, dozens of people died and many …
Read More »Does HPV vaccination cause infertility?
Study looking at 200,000 young women finds no correlation | THE INDEPENDENT | Human papillomavirus (HPV) is the most common sexually transmitted infection (STI). There are more than 100 Human papillomavirus (HPV) types that are transmitted sexually or via any skin-to-skin contact in the genital area. Low-risk HPVs mainly cause …
Read More »Weakness of NSSF amendment Bill
The reforms the NSSF Act and Social Pension Schemes need for alignment with comprehensive social protection systems COMMENT | PATRICK AJUNA | The National Social Security Fund (NSSF) (Amendment Bill), 2019 presented in parliament recently has generated mixed reactions from the public on a number of issues of interest. This …
Read More »Accelerating Africa’s transformation
Japan, S.A and AFDB unveil priorities in technology at TICAD 7 Science, technology and innovation as well as human resource development are critical in Africa, a continent, which has the biggest potential on earth, Prime Minister Shinzo Abe said at the Science and Technology in Society (STS) forum held on …
Read More »Fake pneumonia drug on sale
WHO warns of falsified Augmentin | THE INDEPENDENT | The World Health Organisation (WHO) has warned that fake versions of the antibiotic Augmentin have been discovered in Uganda and Kenya. The genuine drug is sold by GlaxoSmithKline but the packaging of the falsified drugs says it is manufactured by SmithKline …
Read More »Liberty Life Assurance to take lead in risk mitigation
Joseph Almeida is the managing director for Liberty Life Assurance Uganda Limited. He spoke to The Independent’s Julius Businge about their business and sector issues. What has been your contribution to Uganda’s economy since 2006? We pay roughly over a billion shillings a year as tax to Uganda Revenue Authority. …
Read More »Umeme records Shs61.2bn net profit
Overall performance was hindered by a jump in tax expenses Kampala, Uganda | ISAAC KHISA | A nearly double growth in income tax expense bullied Uganda’s electricity distributor, Umeme, to record a merely 0.3% growth in net profit to Shs 61.2bn for the past six months ending June.30. The company’s …
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