Kampala, Uganda | JULIUS BUSINGE | French Development Finance Institution, Proparco has arranged a US$30m senior debt facility to support dfcu bank in bridging the long-term financing gap for small businesses. Proparco extended financing of US$15m alongside US$15m from FMO (the Dutch Development Bank) to dfcu. The facility is primarily earmarked …
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Kampala, Uganda | THE INDEPENDENT | Rwanda’s national carrier, RwandAir, hopes to use the West Africa hub of Accra to feed its direct flights to the US once it gets the final approval from the Ghana Civil Aviation Authority (GCAA) and the US Federal Aviation Agency (FAA). A statement from the …
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From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …
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Why the president’s efforts against corruption may be politically appealing but are strategically of little value THE LAST WORD | ANDREW M. MWENDA | Last week, President Yoweri Museveni launched an “anti-corruption unit” in his office. This is one in many efforts the president has tried and failed in the last …
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THIS WEEK: Musisi bids farewell Kampala, Uganda | THE INDEPENDENT | Outgoing Executive Director Kampala City Council Authority (KCCA), Jennifer Musisi handed over office on Friday a day before Dec.15 a day she had set as her last day in that position when she tendered in her resignation in October. Minister …
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THIS WEEK: 80% fail LDC final exam Kampala, Uganda | THE INDEPENDENT | Results of lawyers graduating from the Law Development Center (LDC) were released on Dec.12 showing 20% of the over 800 that sat for the final exams to have passed. According to the Center’s Director Frank Nigel Othembi while …
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THIS WEEK: Lusanja evictions illegal, court Kampala, Uganda | THE INDEPENDENT | On Dec.14, court ruled that an eviction of hundreds of people from a 75-acre piece of land in Lusanja village in Mpererwe on the outskirts of Kampala was illegal. In his judgment, High Court Judge John Eudes Keitirima ruled …
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Rather than include Africa in discussions about trade, the G20 addresses narrower development issue COMMENT | COBUS VAN STADEN | This has not been an easy year for the G20. The 2018 summit of the leaders of the world’s largest economies was held in Buenos Aires, a city still reeling from …
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These five mundane dangers confronting the profession could be more dangerous than the physical attacks COMMENT | ALEXANDRA BORCHARDT | The brutal torture and murder of the US-based Saudi journalist Jamal Khashoggi has focused attention on Saudi Crown Prince Mohammed bin Salman, who is widely believed to have ordered the killing. …
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Check out its new standard safety technology Kampala, Uganda | AGENCIES | HONDA has dramatically increased the level of standard safety technology for the 2019 Honda CR-V VTi-S all-wheel drive model (AWD), which will be available in dealerships from January 1, 2019. Previously the suite of tech dubbed HondaSensing incorporating forward …
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The Independent Uganda: You get the Truth we Pay the Price
