In The Magazine

Manufacturers cite increased imports and declining demand from foreign markets Kampala, Uganda | JULIUS BUSINGE | There is good news for Uganda’s sugar consumers in the coming months owed to the projected sugar in production volumes amidst increase in imports. Statistics from the Uganda Sugar Manufacturers Association (USMA), which consist …

Government can only govern if people comply with its demands, but why do people comply? THE LAST WORD | ANDREW M. MWENDA | The German sociologist, Max Weber, argued that if the state is to exist, the dominated must obey the authority claimed by the powers that be. Then he …

Kampala, Uganda | THE INDEPENDENT | Uganda’s largest commercial bank, Stanbic, is set to open a business incubator to stir growth of small and medium enterprises countrywide. “The incubator will provide an enabling environment for SMEs to enhance their capacity, enabling their businesses to survive, operate successfully and grow,” Stanbic Bank …

Kampala, Uganda | JULIUS BUSINGE | On Feb.13, Bank of Uganda announced a cut in the Central Bank Rate by 0.5 percentage points to 9% in the next three months as a measure for boosting private sector credit uptake and economic activities. The Governor, Emmanuel Tumusiime Mutebile, said the decline in …

Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has announced plans to fly four times a week to Mauritius starting June, giving customers more options to travel to the Indian Ocean archipelago. The carrier said the new flight will also set it up to take advantage of traffic …

New guidelines to regulate mushrooming free medical camps Kampala, Uganda | FLAVIA NASSAKA | As early as 9am on Feb.09, people had started gathering at Centenary Park. It was yet another ‘free medical camp’. Organized by the Mulago hospital based College of Health Sciences, people would at this camp get free …

Kampala, Uganda | THE INDEPENDENT | Introduced in 1974, Sanlam Awards for Excellence in financial journalism are now open to Ugandan journalists. The awards are the premier financial journalism awards in South Africa and have become a prestigious event and fiercely contested accolade. The company’s Chief Executive Officer for Uganda, Gary …

Kampala, Uganda | THE INDEPEDENT | DFCU bank has become the 8th bank to receive a certificate from the insurance regulator, Insurance Regulatory Authority (IRA-U) to start selling insurance products at its 67 branches countrywide. This is backed by the Financial Institutions Amendment Act 2016. During the handover ceremony at IRA …

Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund contributions will soon hit Shs9 trillion due to increased compliance and introduction of voluntary contributions, according to the Fund’s Managing Director, Richard Byarugaba. Byarugaba, who spoke during the launch of Fund’s Corporate Centre at Workers House in Kampala, said company’s …

THIS WEEK: National Water’s Mugisha re-appointed Africa Water Association’s VP Kampala, Uganda | THE INDEPENDENT | The National Water and Sewerage Corporation (NWSC) Managing Director Dr. Eng. Silver Mugisha has been re-appointed Vice President of the African Water Association. This was during the Association’s 19th Congress that kicked off on Feb.11 …