Look to heavy investment into technology to reverse slow 2016 growth Centenary Bank and Barclays Bank of Uganda Ltd registered slower growth in profits for the year ending December 2016 but the managers say that is no problem and instead remain positive about the future. Centenary’s profits grew by 8.2% …
Read More »Economic growth in Sub-Saharan Africa rebounds
African countries asked to invest while keeping an eye on debt levels. The economic growth in Sub-Saharan Africa is rebounding in 2017 after registering the worst decline in more than two decades last year. According to the latest Africa’s Pulse, the World Bank’s bi-annual analysis of the state of African …
Read More »Black rhinos: They are back!
Black rhinos from South Africa relocated to Akagera park Finally, 10 eastern black rhinos have been relocated to the Akagera National Park in Rwanda from South Africa. Rhinos disappeared from the park about 10 years ago. The Rwanda Development Board (RDB) said the May 2 relocation of the rhinos was …
Read More »U.S. attacking North Korea?
Surely Donald Trump couldn’t be that foolish By Benjamin Habib As the USS Carl Vinson and its carrier battle group steamed through the Pacific toward the Korean Peninsula in late April, many were wondering if the Trump administration could be so rash as to attack North Korea. Regardless of how …
Read More »Who is behind Uganda’s new terror gangs?
Police insiders going rogue? They call themselves the Bakijambiya (Machete gang) and they pounce in the wee hours of the night. They come with pangas, iron bars, nails on wood clubs, and big knives. They chop and clobber their victims, steal their money and portable property, and rape the women …
Read More »ANALYSIS: Protests over Chinese retailers
Consumers want the cheap prices but local traders want the profits Hostility towards Chinese petty traders appears to be growing in Uganda but so is the dependence on Chinese imports. On April 19, the hostility erupted once again as hundreds of traders in the capital city, Kampala, staged a closed-shop …
Read More »Mbabazi court award hits Shs21 billion
Mbabazi court award hits Shs21bn: Attorney General’s office looks for ways of scaling back costly damages The Shs13billion court award granted to lawyer Severino Twinobusingye, known for representing Amama Mbabazi, in 2013 is probably the largest ever given out to an individual. He told The Independent recently that he has …
Read More »THE LAST WORD: On Museveni and Stella Nyanzi
How the detention and trial of a Makerere academic exposes the moral bankruptcy of Uganda’s elites By Andrew M. Mwenda Dr. Stella Nyanzi, an academic at Makerere University, has been jailed for using foul language to criticise President Yoweri Museveni and his wife, Janet. It is permissible to call the …
Read More »Labour laws failing industrial court
The Employment Act, Labour Unions Act, Labour Dispute Arbitration and Settlement) Act and Occupational Safety and Health Act are some of the laws impeding the work of the Industrial Court, according to the Acting Registrar of the court, Sylvia Nabaggala. Appearing before parliament, Nabaggala listed a plethora of complaints that …
Read More »Row over Muntu position in Army Council
The army and some opposition politicians are involved in a disagreement about the position of former army commander Mugisha Muntu, and currently FDC president, in the Army Council. Appearing before the Defence Committee in Parliament, Butambala County MP Muwanga Kivumbi put to task the Chief of Defence Forces Gen David …
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