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In The Magazine

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COMMENT: Behind new Sugar Act

Thank you parliament for ensuring that new law on sugar shifts from ‘bitter’ Sugar Bill to new ‘Sweat’ Sugar Act COMMENT | Michael Mugabira | The Parliament of Uganda delivered a land mark victory on Nov.21 by passing the Sugar Act to streamline the affairs of the sugar industry. The Sugar Bill …

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ARTS: Value of our old buildings

Exhibit rediscovers modernistic architecture in five African cities Kampala, Uganda | DOMINIC MUWANGUZI | The conversation on the preservation of old building in Kampala has been recently renewed in an itinerary photography exhibition titled `Africa Modernism’ showing at the MakerereArt gallery in Kampala, the capital of Uganda. The exhibition documents over …

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Umeme’s new target

ERA wants the power distributor to connect more customers, cut losses Kampala, Uganda | JULIUS BUSINGE | Selestino Babungi, the managing director of Uganda’s largest power distribution company, Umeme, wants the industry regulator, Uganda Electricity Regulatory Authority (ERA) to set for them fair targets amid high consumer expectations. Babungi said fair …

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SHOPPING: Black Friday

Why do shoppers throw punches over bargains? A marketing expert explains the psychology Kampala, Uganda | COLLEEN P. KIRK | Black Friday, the most celebrated shopping day of the year, abounds with tales of fistfights over discounted televisions or even stampedes as consumers rush to get that low-priced sweater they saw …

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Tragedy on Lake Victoria

Marine safety concerns raised again as over 30 die on unsafe cruise boat Kampala, Uganda | IAN KATUSIIME AND FLAVIA NASSAKA | On the evening of Nov. 24, news filtered through about a boat that had sunk on Lake Victoria. Nothing unusual, it appeared, since tiny rickety fishing vessels sink often on Ugandan …

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Afreximbank seeks to recruit 700 banks as agents

Kampala, Uganda | ISAAC KHISA | Cairo-based African Export-Import Bank (Afreximbank) is seeking to recruit at least 700 commercial banks as agents across the continent to extend financial services to Small and Medium Enterprises (SMEs). Amr Kamel, the Bank’s Executive Vice President, Business Development and Corporate Banking, said the multi-lateral lender …

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Justine Bagyenda

Why former BoU supervision director defied parliamentary probe Kampala, Uganda | HAGGAI MATSIKO | A sitting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which is probing Bank of Uganda’s dissolution of seven commercial over 23 years turned dramatic on Nov.20 when central bank officials contradicted …

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