Despite a notable decline in profits, the Vision Group will pay its shareholders a dividend of Shs 50 per share, which translates into a total of Shs 1.4 billion. The dividend, which will be paid on or before Jan 18, 2017, is a little higher than the Shs 35 the …
Read More »When natural cures disappear
Traditions clash with modern science over lost plants, animals, fish 64-year old Milly Namwanje knows something about the diseases of infants. She had six children of her own and she is now a grandmother of one-month old Sheebah. Unfortunately, Sheebah has a problem that Namwanje has diagnosed – but she …
Read More »MP Rabbi Gershom Sizomu: I’m ashamed of Shs200m car
INTERVIEW: Rabbi Gershom Sizomu is the leader of the Jewish community in Uganda the first Jew to win a Parliamentary seat in Uganda’s political history. On February 19, Sizomu who ran on Forum for Democratic Change (FDC) ticket won the Bungokho North parliamentary seat after beating seven candidates, including two …
Read More »Kigali Marriott opens
The Kigali Marriott Hotel officially launched its operations on Oct.4 at a ceremony attended by the Marriott International President and Chief Executive Officer, Arne Sorenson. Following the hotel’s launch, Sorenson met with President Paul Kagame and discussed Rwanda’s hospitality industry and the hotel group’s interests in Rwanda. Sorenson said he was …
Read More »Food price anxiety
Surge in prices could cause inflation flare up, squeeze Ugandan economy further – experts Uganda’s consumer price inflation fell more than expected in the past three months to September, thanks to a huge drop in non-food prices during the period, but economists say the downward trend is unlikely to be …
Read More »Gatete named Finance Minister of the Year
Rwanda’s Minister of Finance and Economic Planning, Claver Gatete, has been named Finance Minister of the Year in the Sub-Saharan category by Global Capital, an international news, opinion, and data service Gatete’s honour was announced on Oct.04 together with winners from Latin America, Central and Eastern Europe, the Caribbean, and …
Read More »COMMENT: Obote and UPC ideology
COMMENT: By Yoga Adhola UPC needs to look critically at what Obote did, build on it, and look into the future In a recent discussion on UPCNET, a UPC internet discussion forum, Allan Tewungwa (alias Ras) asserted: “In UPC, we follow Milton Obote and his example. He was a high-minded …
Read More »American to build Uganda’s refinery?
American to build refinery? Deal could be blow to sanction-strapped Russians Technocrats at the Energy Ministry and the Ministry of Finance who are working on the country’s pet project, the US$4 billion oil refinery, have learnt to stay cool under pressure. Behind their cool fronts, however, they are working in …
Read More »Uganda’s stalled transformation
THE LAST WORD: By Andrew Mwenda Why Museveni has not transformed agricultural Uganda into an industrial economy and what can be done President Yoweri Museveni’s stated objective is to transform Uganda from an agrarian to an industrial nation. He has been in power for 30 years, the period South Korea …
Read More »Guitarist Ouma on choosing Jazz
Myko Ouma self-effacingly dismisses it when I tell him he is considered by many people to be one of the best guitarists in the country. “About best guitarist, I don’t know,” he says. In reality, he is a renowned jazz and contemporary world music artiste who plays more than ten …
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