WHO declares Dolutegravir safe for all populations HEALTH | JULIAN SABIITI | Pregnant women and those of childbearing potential can now use the HIV drug Dolutegravir (DTG). The World Health Organisation (WHO) made the recommendation in a statement released on July 22. The WHO statement was a reversal of a …
Read More »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 …
Read More »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 …
Read More »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. …
Read More »‘Wapakabulo has left UNOC on solid ground’
She learnt quickly that the oil and gas sector is highly politicized and came up with strategies to counter it to achieve set objectives. Kampala, Uganda | RONALD MUSOKE | When Dr. Josephine Wapakabulo was appointed the Chief Executive Officer of the Uganda National Oil Company in August 2016, few …
Read More »Crane Bank ‘ghosts’ haunts dfcu
The lender has recorded a drop in profits again Kampala, Uganda | ISAAC KHISA | Did dfcu mess up its growth trajectory with the acquisition of Crane Bank assets? How can it evolve to make more money for the shareholders? dfcu management seems to be grappling with these questions following …
Read More »UPDF’s uncertain future in Somalia
Despite opposition from troop-contributing countries, UN cuts down numbers again Kampala, Uganda | IAN KATUSIIME | July 13. Overnight assault on hotel in Kismayo port city. 26 people killed including a Briton, three Kenyans, three Tanzanians, two Americans and one Canadian. Some Chinese are injured. July 22. Car bomb explodes …
Read More »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 …
Read More »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 …
Read More »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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The Independent Uganda: You get the Truth we Pay the Price