Spotlight on Rwanda’s school for underprivileged girls that shapes champions | THE INDEPENDENT | When a team of young debaters from Rwanda’s Gashora Girls Academy of Science and Technology (GGAST) lifted the winner’s trophy at the inaugural Africa Debate Championships in Kampala on Sept.18, all attention shifted to how they …
Read More »What future for UDB?
Experts debate fate of finance-starved long-term funder UDB Kampala, Uganda | IAN KATUSIIME | “Should the Uganda Development Bank (UDB) seek capital from the government only? How should it work around Uganda’s short-term investment culture? Should it operate like a private sector bank or continue as the government’s band-aid effort …
Read More »Australian firm enters Uganda’s oil and gas sector
The country is looking forward for oil production by 2020 Kampala, Uganda | RONALD MUSOKE | On Sep 14, the Ugandan government signed a production sharing agreement with the Australian Armour Energy Ltd and issued a petroleum exploration licence, the first under the competitive licensing round for oil and gas …
Read More »Paul Bwiso: ‘It’s the right time to invest on the stock market’
Paul Bwiso is the chief executive officer of Uganda Securities Exchange. He spoke to The Independent’s ISAAC KHISA. How has been the performance of stock market in the past eight months ending August compared with the same period in 2016? We are down by about 50% to Shs69bn as turnover …
Read More »Rwanda again in top 10 investment nations
Uganda, Kenya, Tanzania, also ranked Rwanda | THE INDEPENDENT | Rwanda has re-entered the Top 10 list after having just missed it the past two years, according to Rand Merchant Bank’s latest `Where to Invest in Africa report for 2018’, released on Sept.18. The theme for `Where to Invest in …
Read More »Bad 2016, gloomy 2017 for banks
Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
Read More »BUSINESS: Fight over Sadolin
Inside the AkzoNobel, Kansai Plascon tussles to control top paint brand name Kampala, Uganda | ISAAC KHISA | Dutch paints and Coatings Company AkzoNobel Coatings International BV which owns Sadolin brand name in Uganda is locked in a battle for market control with Kansai Plascon of Japan. The case …
Read More »Uganda’s misguided debate
Why many Ugandans are addressing the wrong issue in the debate on lifting age limits THE LAST WORD | Andrew M. Mwenda | Last week the NRM caucus did the expected and recommended the removal of age limits on the presidency so that President Yoweri Museveni can rule for …
Read More »THIS WEEK: Clergy call for a referendum on age limit
THIS WEEK: Clergy call for a referendum on age limit Kampala, Uganda | THE INDEPENDENT |The clerics have called for a referendum on age limit. Speaking to journalists on Sept.18, the clerics – Uganda Muslim Supreme Council’s Mufti Shaban Mubajje , Rev. Stanley Ntagali of the church of Uganda, Arch. …
Read More »THIS WEEK: Justice Okalany wins prosecutor of the year award
THIS WEEK: Justice Okalany wins prosecutor of the year award Kampala, Uganda | THE INDEPENDENT |High Court Judge Susan Okalany was on Sept.14 awarded an international accolade as the prosecutor of the year during an awards dinner organized by the International Association of Prosecutors (IAP) in Beijing China. Okalany who …
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