NEWS ANALYSIS

Why former BoU supervision director defied parliamentary probe Kampala, Uganda | HAGGAI MATSIKO | A sitting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which is probing Bank of Uganda’s dissolution of seven commercial over 23 years turned dramatic on Nov.20 when central bank officials contradicted …

Buenos Aires, Argentina | AFP | One US president talked softly, the other harangues. One built international coalitions, the other tears them up. One was a war hero, the other avoided battle. One was called George H.W. Bush and the other, Donald Trump, is in the White House today. Trump …

Moscow, Russia | AFP |  Former Soviet leader Mikhail Gorbachev on Saturday praised former US president George H.W. Bush for his role in ending the Cold War, calling him a “true partner”. Gorbachev, 87, expressed his “deep condolences” to the family of the 41st US president and the entire American …

Buenos Aires, Argentina | AFP | A Sino-US showdown on trade loomed Saturday as G20 leaders wrapped up tense summit talks with a rare show of unity over the death of former president George Bush. There was an implicit contrast in some of the tributes offered at the Buenos Aires …

Kampala, Uganda | THE INDEPENDENT | On Saturday, November 24, 2018, MV Templar started a journey that would take it to K-Palm Beach in Mpatta Sub County, Mukono district. A bash had been organized the other side of the lake and was supposed to be attended by an assemblage of Kampala’s …

Buenos Aires, Argentina | AFP | US President Donald Trump’s G20 summit got off to a rocky start Friday with explosive new allegations of improper links to Russia overshadowing what he had hoped would be a triumphant burst of trade diplomacy. Trump scored a victory when he and the leaders …

Paris, France | AFP | Protests by people clad in luminous vests have played havoc with traffic across France and prompted violent clashes in Paris in recent days. But who are the “yellow vest” protesters, and what will become of them? What are these protests about? The movement sprang up …

Analysts fear move will accumulate more debt for African countries Kampala, Uganda | RONALD MUSOKE | Africa could further sink into more debt if China goes ahead with plans to sell the continent’s debt to investors, starting next year, observers fear. Hong Kong Mortgage Corporation (HKMC), a leading Chinese banking conglomerate, …

Kampala, Uganda | THE INDEPENDENT | Although world over marine transport is considered one of the most comfortable means of transport, in Uganda it is a different story with discomfort and poor mechanical conditions of the vessels which has contributed to accidents and losing of lives. The Saturday evening boat …

Kitty part of Shs 296 billion grant Germany will give to Uganda over the next two year Kampala, Uganda| RONALD MUSOKE | Refugee hosting communities in northern Uganda will benefit from some €15 million (Shs 64 billion) from Germany according to a new bilateral development cooperation agreement signed on Nov.16 …