Often blamed for causing violence and instability, they can bring stability and development if well harnessed COMMENT | MUKALAZI DEUS MUBIRU | President Museveni’s dislike for political parties is not a secret. He banned political parties once he captured power in 1986 and only allowed to have them back on …
Read More »Mixed performance for private sector activities
Rising customer numbers support expanding private sector output according to Stanbic Bank Uganda index Kampala, Uganda | JULIUS BUSINGE | Growth was recorded again in the Ugandan private sector during May, with output, new orders and employment all rising over the course of the month, according to the monthly Stanbic …
Read More »World Bank: Uganda can achieve inclusive growth by investing in climate-smart agriculture
The report says macroeconomic recovery and stimulus packages must be combined with measures that will spur a green, resilient, and inclusive growth Kampala, Uganda | THE INDEPENDENT | In Central Uganda, school children in Kisubi are learning about fish farming and integrated aquaculture, which help to reduce pressure on dwindling …
Read More »Kayunga District LCV Chairperson Sserubugo dead, suicide suspected
Mukono, Uganda | THE INDEPENDENT | The newly elected LCV Chairperson Kayunga District Ffefeka Sserubugo is dead. Sserubugo is alleged to have committed suicide on Tuesday night. According to Hellen Kyomuhendo, the acting District Police Commander Mukono, Sserubugo’s body was found by relatives hanging on a tree this morning. Police …
Read More »Banks post third profit decline in 10 years
Several potential vulnerabilities remain related to the pace of the economic recovery and its effect on the income and loan repayment capacity of firms and households Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks recorded the third drop in full year profits in 10 years weighed down by increased …
Read More »Insurance sector records slow growth in premiums
IRA hopes that 2021 will be a better year compared with last year amidst the new wave of coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Enhanced distribution and sustainable growth in the uptake of medical and life insurance policies helped Uganda’s insurance industry to record a 9% growth in …
Read More »Inside Uganda’s Shs44.7trillion spending plan
Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
Read More »EDUCATION: Why the sector is ripe for digital disruption
ANALYSIS | THE INDEPENDENT | On June 6, 2021, President Museveni delivered his much-anticipated speech in his second address to the nation since the newest wave of the COVID-19 pandemic hit the country. With scores of students infected according to recent media reports, the president only confirmed a lockdown many …
Read More »Eddie Mutwe, Nubian Li out on bail
Kampala, Uganda | THE INDEPENDENT & URN | National Unity Platform (NUP) party members, Eddie Mutwe and Nubian Li have been released on bail by the General court martial. Ali Bukeni aka Nubian Li is Robert Kaygulanyi’s singing partner, while Eddy Ssebufu aka Eddie Mutwe is the head of his personal bodyguards. They …
Read More »Museveni new cabinet sparks ability questions
But opposition says new Vice President, Prime Minister deserve chance Kampala, Uganda | IAN KATUSIIME | Katakwi and Kakumiro; two districts from where Uganda’s Vice President and Prime Minister have emerged and where the re-alignment of Uganda’s cabinet has been centered. President Yoweri Museveni rewarded the Teso sub-region which resoundingly …
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The Independent Uganda: You get the Truth we Pay the Price