To suggest printing money or ceding national assets to pay debt reflects utter economics myopia COMMENT | Mukwanason A. Hyuha | In The Independent (April 26-May 02, 2019 edition), Andrew Mwenda purported to respond to my Saturday Monitor (April 13, 2019) article on Uganda’s debt sustainability. I have also read …
Read More »World’s rarest cars on show
Set on the shores of Lake Como, Italy, the Concorso d’Eleganza Villa d’Este brings auto enthusiasts from around the world to admire the 50 of the best cars built between the 1920s and 1980s. Tickets for the exclusive event cost $550 (Approx. Shs2 million) and attendees were treated to the …
Read More »Money Talk Symposium
NSSF, experts tell members to save beyond the 5% they remit monthly Kampala, Uganda | JULIUS BUSINGE | Do you spend less and invest more of your income a head of your retirement? Will you have enough monetary resources upon retirement? Will there be any impact upon taking your …
Read More »Rethinking tax incentives
Researches, experts say there is limited evidence to show these offers attract investors Kampala, Uganda | PATRICIA AKANKWATSA | Tax incentives are part of Uganda government’s top priorities for attracting foreign investors and new businesses. From prospective investments in agribusiness to hospitality, and from steel to textile industries, tax incentives …
Read More »Daring the art market
Ugandan goes for solo show in Nairobi Mark Kassi is a figurative artist working with acrylics. His distinctive segmented style on canvas borrowed from the appliqué technique synonymous with textile design, has earned him a name in the region. He sometimes uses an arbitrary palette that ends up into harmonious …
Read More »The rise of Japan
What made this country transform rapidly from a backward agrarian society into a modern industrial power The Independent | ANDREW M. MWENDA | How did Japan, a poor and economically “backward” country rapidly transform into a modern industry power a few years after its initial contact with the West? I …
Read More »How you will benefit from the 2019/2020 budget
It is pro-growth, pro-poor; what is important is pushing for its effective implementation Kampala, Uganda | JULIUS BUSINGE | On June 13, Minister for Finance, Planning and Economic Development, Matia Kasaija, delivered the Shs40trillion National Budget for the Financial Year 2019/2020 under the theme “Industrialization for job creation and shared …
Read More »Migrant remittances to hit US$550bn
Money sent home by migrant workers from abroad across the globe is projected to record a 4% growth this year, hitting the US$550bn mark compared with US$529bn recorded in 2018, according to the latest statistics from the International Fund for Agricultural Development (IFAD). Kampala, Uganda | RONALD MUSOKE | Remittances …
Read More »Ebola Zaire tests Uganda’s response
WHO warns big outbreaks becoming `new normal’ The Independent | PATRICIA AKANKWATSA | On June 9, a 5-year old boy travelled from Democratic Republic of Congo (DRC) with his mother after attending a burial of his grandfather who succumbed to Ebola; the deadly hemorrhagic fever. The grandfather was a pastor …
Read More »Kampala city’s deadly floods
Why experts now want KCCA to cope with, not fight rain Kampala, Uganda | RONALD MUSOKE | For hundreds of thousands of Kampala residents, the onset of the rain season these days means suffering, losing property and even lives and this year’s rainy season has not been any different. There …
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