Kampala, Uganda | THE INDEPENDENT | At the Uganda Securities Exchange 20th anniversary celebrations that took place in Kampala recently, brokerage firm, Crested Capital was awarded the “Broker of the Year”. This meant it was the overall best broker in 2017 for key performance indicators of turnover, deals and volumes …
Read More »Optimism as govt, investors sign refinery deal
Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …
Read More »Why BoU sells banks cheaply
Auditor General spills secrets of Coop Bank, Greenland Bank Kampala, Uganda | HAGGAI MATSIKO | On March.23, Auditor General (AG) John Muwanga wrote a confidential note to the Governor of the Central Bank, Emmanuel TumusiimeMutebile. The note a copy of which The Independent has seen is titled Draft report of the …
Read More »Thinking succession in Uganda
Why the failure of a third force has locked us in a choice between Museveni and Besigye THE LAST WORD | Andrew M. Mwenda | In debating whether President Yoweri Museveni should go or stay we are not indulging in an abstract theoretical exercise but a challenge of practical politics. …
Read More »Spy camera coming that knows what you are thinking!
Kampala, Uganda | THE INDEPENDENT | The data we share with companies online has become a hot-button issue, but new technologies could soon be scanning us as we go about our day. Our bodies give off various signals that can be scanned and analysed by advanced computer systems, revealing everything …
Read More »Airtel contributes Shs50million for Kabaka
Kampala, Uganda | THE INDEPENDENT | As part of its five-year partnership with Buganda Kingdom, on April 10, Airtel Uganda handed over Shs 50 million to support the birthday celebrations of the Kabaka of Buganda, Ronald Muwenda Mutebi. The company’s partnership with Buganda Kingdom supports four of its main annual activities …
Read More »Eight police officers say rats ate half a ton of missing marijuana, sacked
Kampala, Uganda | THE INDEPENDENT | The marijuana had been in storage for at least two years when 500kgs of it vanished. In total, 6,000kg of marijuana was registered in the warehouse in Pilar, Argentina two years ago, however this year only 5,460kg remained. Suspicion then fell on former police …
Read More »Did you know? Queen Bee syndrome is a myth
Kampala, Uganda | THE INDEPENDENT | Queen Bee syndrome refers to a woman in a position of authority who treats subordinates more critically if they are female and refuse to help other women climb the corporate ladder. But Brazilian researchers at Sao Paulo Business School have concluded it is a myth, …
Read More »Were you freaked out by Friday the 13th?
Kampala, Uganda | THE INDEPENDENT | Some people take the superstition of Friday the 13th very seriously. Normal acts, like getting on a plane today can feel like the end of the world for them. One Tweeted that he was not only on flight number 666, but en-route to Hel …
Read More »Scientists create tiny booze detector
Kampala, Uganda | THE INDEPENDENT | Scientists have created a tiny new sensor that can continuously monitor levels of alcohol in the blood. The device, which measures roughly one cubic millimeter, is injected beneath the skin and can be linked up to a smartphone. Alcohol levels in the blood can …
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