In The Magazine

ANALYSIS: Why President Yoweri Museveni’s behind- the-scenes-maneuvers to save Sudhir’s bank hit a snag  On Oct.10, President Yoweri Museveni directed the Prime Minister Dr. Ruhakana Rugunda to find an immediate solution to Crane Bank’s problems with the Bank of Uganda (BoU). Apparently, this was expected to mark an end a …

 Kampala city vendors vow to defy minister. Should we support them in fight against politicians, traders? Kampala Capital City Authority (KCCA) councilors meeting at City Hall on Oct. 24 resolved to allow evening hawker markets on some city streets. The move was a triumph for embattled city Lord Mayor and …

Kenya Revenue Authority’s recent decision to spare the tax hailing firm Uber from paying Value Added Tax on rides has prompted outrage and anger among the company’s drivers. It has also angered regular cab companies operating in Kenya as they have to pay VAT on their services rendered. KRA has …

Botswana based multi-national ecotourism company Wilderness Safaris, operating nearly 40 luxury safari camps across eight African countries, has raised US$35 million bilateral loan for the purchase of a new ecotourism company in Kenya and for further expansion across Africa. Keith Vincent, the Chief Executive at the Wilderness Safaris said ‘in …

Los Angeles, United States | AFP |  Electric carmaker Tesla has diversified into the alternative energy business, on Friday unveiling solar roofs for environmentally friendly homes. “Global warming is a serious crisis and we need to do something about that,” company founder Elon Musk said during a news conference at …

Less than three months since it launched formal operations, the Uganda National Oil Company has received Africa wide recognition after winning the best National Oil Company (NOC) presentation at a recent Oil and Gas forum held in South Africa. The event was organised by Standard Bank. The conference was held …

  COVER STORY: How Crane Bank fell – Why President Yoweri Museveni’s behind – the-scenes-maneuvers and directives to Prime Minister Dr. Ruhakana Rugunda to save Sudhir’s bank hit a snag. Lessons for Uganda from the failure of Crane Bank and what should be done going forward. THE LAST WORD: Bringing …

Western auction houses are famed for their recording-breaking sales of works of art that pit some of the world’s leading oligarchs keen on collecting art. In 2015 alone, the combined turnover of art auctions was a mind-boggling $986 million, shattering all previous records. Spanish master Pablo Picasso alone grossed a …

Peter Genza’s piece titled `Pumpkin II 2016’ was the big winner at the Second Kampala Art Auction on an otherwise grey Oct.14 night for the 35 local and international artists gathered at the Kampala Serena International Conference Centre, writes Ronny Kahuma. This was Uganda’s second major auction of modern and …

INTERVIEW: At 25 years, rising actress Milka Irene Sobya took on a role of a married woman in the NTV drama series `Deception’.  She plays a woman, Monica, who is torn between keeping her marriage and advancing her career amidst insults and abuses from a mother in law. Milka has …