Three journalists of The Independent walked away with prizes at the recent National Journalism Awards organized by African Centre for Media Excellence (ACME). Haggai Matsiko won in the category of National Print for the story “Inside the shs1trilion bail-out”, Ronald Musoke won Best Feature for the story “Massacre on Masaka …
Read More »BUSINESS: Declining interest rates
Bank managers explain recent cuts to 20% average Effective this month most commercial banks started charging lower interest rates on flexible existing and new loans with analysis indicating about 20% is the new average industry rate compared to around 23% a period before. The move is expected to boost uptake …
Read More »BOU’s Kasekende speaks on economy
Deputy Governor of Bank of Uganda Louis Kasekende answered questions from The Independent’s Ian Katusiime about the bank’s upcoming golden jubilee anniversary and other economic issues. Bank of Uganda (BoU) is marking 50 years. Looking back, what does this mean for BoU? This anniversary gives the Bank of Uganda …
Read More »Central banks need to do something about market failures
Role of central banks: Kasekende caught between bulls and bears Central banks need to do something about market failures. The question is what? That was the focus of discussion at the Bank of Uganda organised debate on `The Role of a Central Bank in a Market Oriented Economy’ on July …
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