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In The Magazine

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dfcu driving commodity finance

Godfrey Mundua is dfcu bank’s head of corporate banking that handles one big segment in the institution called commodity financing. He spoke to The Independent’s Julius Businge about the opportunities this line of credit is offering. What is commodity structured finance all about? Structured commodity finance is a specialised way …

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Pension sector assets hit Shs 11.6trillion

Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …

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Festivals transform cities

They make space for overlooked people and cultures | Beth Perry and Rike Sitas | Cities all over the world are facing major crises – from failing services and mounting inequalities, to climate emergencies. And arts and culture have a surprisingly critical role in tackling these kinds of urban challenges. …

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ANALYSIS: The Family’s man

David Bahati links to secret American group revealed Kampala, Uganda | THE INDEPENDENT | David Bahati, the MP for Ndorwa West constituency who is also the Minister of State of Finance for Planning is among the leading subjects of a new Netflix docu-series called `The Family’ which examines a mysterious …

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NSSF will not lend directly to government-MD

The government’s plan to amend the current NSSF Act has caused uproar among the public in the past days. NSSF’s Managing Director, Richard Byarugaba, spoke to The Independent’s Isaac Khisa about the motives behind the proposed law and its implications to the members and economy. What does this NSSF Amendment …

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Targeting NSSF money

The truth and the lies Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Richard Byarugaba sits on the biggest pile of money in Uganda. He is the managing director of NSSF, the country’s only government-run compulsory pension savings scheme for workers valued at over Shs9.9 trillion as at June …

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