China chosen as launch site of Volkswagen’s new ‘premium’ flagship Kampala, Uganda | MOTORING GURU | Volkswagen has abandoned the United States in favour of China for the world debut of its third-generation Touareg – because that’s where the money is. And you will need plenty of money to get into …
Read More »How Standard Chartered Bank has benefited EA economies
It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »COMMENT: Socio-economic impact of banks
Why policy measures that curtail the volume of bank lending to the business community must be avoided COMMENT | LOUIS KASEKENDE | I would like to begin by explaining why I think that a socio-economic impact assessment is a very useful initiative for the bank to have taken. Banks all around …
Read More »ARTS: Mugalu’s romanticism on canvas
Serenityscapes as metaphor for self-freedom Kampala, Uganda | DOMINIC MUWANGUZI | Whenever regular art gallery goers around Kampala are confronted with a striking painting of a beautiful waterscape, associations immediately connect it to Edison Mugalu. This impressionist artist’s name has become so synonymous with the subject that many cannot imagine him …
Read More »Banks to embrace mediation to resolve disputes
The initiative is to settle disputes cheaply, quickly and fairly Kampala, Uganda | JOSEPH BAHINGWIRE | Court cases in Uganda involving clients and commercial banks tend to take many years to be resolved but this will soon change as banks in collaboration with the Uganda Law Society and commercial courts …
Read More »Music lessons improve academic performance
Cognitive skills developed from music lessons appear to transfer to unrelated subjects, leading to improved academic performance Kampala, Uganda | AGENCIES | The first large-scale, longitudinal study adapted into the regular school curriculum finds that structured music lessons significantly enhance children’s cognitive abilities — including language-based reasoning, short-term memory, planning and …
Read More »Africa’s ambitious trade treaty
Beyond the clapping and ululation in Kigali, can the ACFTA be implemented? Kampala, Uganda | RONALD MUSOKE | After close to 30 years of negotiations, 44 African states finally agreed to establish a single market to ease buying and selling of African-made goods and services. That leaves out 11 countries; …
Read More »Islamic micro-finance gains momentum
Kampala, Uganda | THE INDEPENDENT | John Peter Mujuni is the Executive Director of Micro finance Support Centre, a government institution charged with providing affordable financing to SMEs. He spoke to Joseph Bahingwire about their new financial services linked to Shariah law. How has been the uptake of Islamic Micro Financing …
Read More »Saving water and environment
Directorate of Water Resources hosts first Water and Environment week Entebbe, Uganda | JULIUS BUSINGE | For one week in mid-March, the grounds of the Directorate of Water Resources Management in Entebbe was a beehive of activity as ordinary people mingled with water professional and experts to mull over the …
Read More »Bina Babie on not dating for four years
Kampala, Uganda | THE INDEPENDENT | Bina Babie real names Robina Mbabazi Mulera is a radio presenter on Dembe FM. She has presented the mid-morning show, `Mubeezi’ for the last 16 years and she says looks forward to continue doing it. She says it all about her attachment to her fans …
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