By Julius Businge Standard Chartered Bank, Uganda’s second biggest commercial bank by assets and market share, has defended the commercial banking sector’s decision not to aggressively lower lending rates. The bank’s Regional Head of Research, Razia Khan, said in a statement sent to The Independent that although Uganda has witnessed …
Read More »KACITA calls for more interest rates easing
By Julius Businge The Kampala City Traders Association is calling for further reductions in interest rates by commercial banks to enable them access cheap credit to run business. In an interview with The Independent Everest Kayondo, the association’s chairman said commercial banks were quick at raising interest rates when the …
Read More »Uganda team inspires Obama
By Haggai Matsiko Little known base ballers give hope to U.S. president’s campaign For a bunch of Ugandan 12-year-olds—mostly from the poorest families in the sugarcane growing town of Lugazi, near Kampala, a recent trip to the U.S. was the highlight of their lives. Unknown to them, even US President …
Read More »Sex and the girls
By Sarah Namulondo An expert view on why Uganda’s HIV/AIDS has a female face If your daughter is 15 years old, there is a 14% chance that she has already had sex. In fact, if she has had sex, there is a 51% chance that she has had it this …
Read More »UPDF, Kony killing elephants for ivory ?
By Independent Team and Agencies In the first week of September the international press was awash with a single story; game rangers in Garamba National Park in the Democratic Republic of Congo had spotted a Ugandan military helicopter flying very low over the park, on an alleged unauthorised flight …
Read More »New US envoy outlines priorities
By Peter Nyanzi Overwhelmed by hospitality, he gets dose of what to expect Only days after arriving as the new US ambassador to Uganda, Scott DeLisi, 59, is already showing that he is an extraordinary diplomat. Ugandans too are also showing him the challenges his government must deal with. Keen …
Read More »Secret oil deals
By Haggai Matsiko New rules to force CNOOC, Total, Tullow to reveal money paid The U.S’s Securities and Exchange Commission has finally issued the long awaited new rules that outline how oil, gas and mining companies must comply with Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection …
Read More »Nabakooba’s seven lives
By Independent Reporter Police PRO reappointed again as major changes rock force Judith Nabakooba has bounced back as Uganda Police spokesperson, making her one of the longest serving public relations officers in the force. Nabakooba had earlier lost her post to Asuman Mugenyi in a reshuffle that elevated him to …
Read More »Experts divided over HIV strategy
By Rukiya Makuma Uganda’s retrogression after the success stories of the 1990s is main concern HIV/AIDS experts and activists at a high profile public debate in Kampala on August 23 focused on one question: Is Uganda moving in the right direction as far as HIV prevention is concerned? The `yes’ …
Read More »Besigye, Mafabi gang on Muntu
By Eriasa Mukiibi Sserunjogi Rivalry could cost party in 2016 Col. Kizza Besigye’s home turf, the Kasangati Ssaza Grounds outside Kampala city, was on Aug. 23 the scene of excited ululations, political speeches, and feisty dancing to the kadodi, the imbalu circumcision dance from Mbale, eastern Uganda. The scene of …
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