In The Magazine

On the greatest lesson in life His dream as a student at Old Kampala Senior Secondary School was to become a doctor but he ended up at Bukalasa Agricultural College. “I did sciences for prestige and ended up performing poorly, and not being admitted to Makerere University – the only …

New study shows why it is important to bridge the gap Ugandan media has devised ways of getting the most out of readers whenever results of national examinations are released. This year, the most innovative was possibly The New Vision newspaper of Jan. 24.  Under the rather ambiguous heading; “Decade’s …

President Paul Kagame says Africa has to mobilise its own resources to finance activities of the African Union Commission and not depend almost entirely on money from donors. The President presented the proposal as part of reform proposals of the African Union (AU) to fellow Heads of State and Government …

Shareholders of the regional beer maker, East African Breweries Limited (eabl) are set to receive a dividend of Kshs 2 (Shs 68) per share even as the company recorded a 2% growth in profit after tax to Shs 188bn in the second half of the year ending December 31, 2016 …

Dfcu’s new take-over will help expand its footprint countrywide When Bank of Uganda Governor Emmanuel Tumusiime-Mutebile announced that they were transferring liabilities and assets of Crane Bank to the Development Finance Company of Uganda (Dfcu), many wondered how that was possible. Crane Bank, set up in 1995, has been the …

USAID’s warning system shows why you should prepare for more bad news this year On Jan. 17, the weather was extremely hot in Kampala. Godfrey Mujuni, the manager of the Data Centre at the Uganda National Meteorological Authority, says thermometer readings indicated it was 34.0ᵒC which is about six degrees …

Brussels-based hotel chain, Rezidor Hotel Group has taken over management of the Aya Brothers-owned Pearl of Africa Hotel Kampala. The Group that manages hundreds of luxury hotels around the world under the Quorvus Collection brand, now joins other internationally and regionally operated brands in the city such as City Blue, …

Lagarde (right) praised Museveni’s (left) scaled-up infrastructure investments.When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor of Bank of Uganda Tumusiime-Mutebile and other senior officials stepped into the meeting with visiting IMF Managing Director Christine Lagarde this last week, they had under their belt a …

COMMENT: By Jim O’Neill Globalisation’s critics – those wrongly considering it a zero-sum game –won’t fight global poverty I was recently in beautiful Chile for a Futures Congress, and I had a chance to travel south to the very tip of Latin America. I also recently made a BBC radio …

COMMENT: By Paola Subacchi Once seen as modern witch doctors with exclusive knowledge, economists are now despised `experts’ Is the economics profession “in crisis”? Many policymakers, such as Andy Haldane, the Bank of England’s chief economist, believe that it is. Indeed, a decade ago, economists failed to see a massive …