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In The Magazine

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COMMENT: Big bond for Africa

ca  A U.S$100 billion bond could be used to help guarantee financing for major regional infrastructure projects such as the East Africa Railway  By Nancy Birdsall and Ngozi Okonjo-Iweala  The countries of Sub-Saharan Africa have reached a critical juncture. Strained by a collapse in commodity prices and China’s economic slowdown, …

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COMMENT: Tobacco worse than terrorism

Uganda should learn from the Kenyan court and get tough on one of the leading causes of preventable deaths By David Kabanda Tobacco is a leading cause of preventable death globally. Its consumption is associated with increased risk of several cancers, including lung, larynx, oesophagus, oral cavity and pharynx, bladder, …

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Uganda’s tax system unfair to SME’s

Hakim Lugemwa is the CEO of Uganda Entrepreneurs Business Foundation. He spoke to The Independent’s Agnes E Nantaba about the challenges and opportunities of entrepreneurship in Uganda. What are the key elements in your management style as a CEO? My management style is not driven towards owning the foundation but …

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Islamic banking presents new opportunities

Tropical Bank takes lead with more than 8000 customers interested in taking up Islamic banking services The Secretary General of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (ADFIMI), Nuri Birtek says Uganda’s commercial banks and investors need to support small and medium …

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World’s first malaria vaccine

Children aged five to 17 months old in Kenya, Ghana, Malawi to test it Ghana, Kenya and Malawi have been chosen to test the world’s first malaria vaccine through a pilot program beginning next year, the World Health Organization (WHO) announced on April 24. The vaccine, which has partial effectiveness …

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Rwanda, DRC to explore oil in Lake Kivu

The Democratic Republic of Congo and Rwanda have signed a five-year joint exploration agreement for oil under Lake Kivu. The agreement follows a similar one between Tanzanian President John Pombe Magufuli and Congolese President Joseph Kabila in 2016. The two leaders signed a memorandum of understanding to jointly explore the …

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TECH: Tie rod ends

Here is how to spot the bad ones Every modern vehicle has a peculiar metallic rod arrangement, often barely quarter a metre in length that is central to how it is steered. This vital part is called the tie rod end. Basically, vehicles use a steering system called rack and …

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