Sunday , September 29 2024
Home / In The Magazine (page 705)

In The Magazine

magazine stories

Weapons of the poor

THE LAST WORD: By Andrew M.Mwenda How do you govern a country that has average public spending per capita of $450 annually in Purchasing Power Parity (PPP)? Is it possible to govern it using the same strategies as a country whose public spending is $22,000 per person annually? Yet all …

Read More »

BATU profits down 50%

Sale of leaf business takes toll as Tobacco Control Act also gets set to bite By Patrick Kagenda In December last year, British America Tobacco Uganda (BATU) issued a public statement warning shareholders and potential investors that their profits would be significantly lower (by about 20%) than the previous year’s …

Read More »

The Chinese imports scourge

Govt, manufacturers tussle as cheap Chinese imports supplant local content at big infrastructure projects Abid Alam, the proprietor of Steel Rolling Mills, knows who is responsible for the predicament facing the manufacturing sector – the government, which has failed to enforce guidelines that contractors undertaking the ongoing big infrastructural projects …

Read More »

MTN’s MoKash to the rescue

Telecommunication giant MTN Uganda this week launches yet another ground-breaking product. The initiative, dubbed MoKash, which is being set up in partnership with Commercial Bank of Africa (CBA), will benefit all registered MTN Mobile Money subscribers who will be able to take small loans in a matter of minutes. What makes …

Read More »

Hepatitis: Ignored killer

Patients go without drugs as billions are spent on vaccines World Hepatitis Day was marked on July 28 under the theme, `Know hepatitis Act now’. It was designed to focus this year’s activities on increasing global awareness and strengthening prevention, diagnosis, and treatment services around the world. The increased focus …

Read More »

Uganda’s much-discussed bailout

On March 31 2016, the total value of all loans in Uganda’s commercial banking industry was Shs21.7 trillion of which Shs528 billion were non-performing loans (or “bad loans”) i.e. 2.64% of the total. Under the effective oversight of Bank of Uganda, especially its director for supervision; Justine Bagyenda (known in …

Read More »