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The independent

Riyaz Kurji

By John Njoroge Rewinding clock to the second that took his life There was excitement in the village of Magezi-Tonyeze in Mityana district that Saturday afternoon. The second leg of the KCB Pearl of Africa Rally 2009 was coming that way and there was no missing the fast and furious …

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10 failures of opposition

By Odoobo C. Bichachi Why a limping Museveni remains solid against toothless opposition According to the recently published findings of the Uganda Afrobarometer Survey conducted between July and September 2008, most Ugandans are dissatisfied with the way the country is being run not just on issues of bread and butter …

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Dollar to hit Shs 2,500, analysts say

By Patrick Kagenda BoU says it has no means of forecasting value of currency A top Bank of Uganda official last week confirmed the continuing depreciation of the shilling. Mary Katalikawe, the director for research at the central bank spoke as the world’s leading financial market analysts predicted that the …

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MTN ceding ground, Warid biggest gainer

By Independent Team & Agencies New study predicts mobile penetration hits 40% A new report from Pyramid Research indicates that mobile penetration in Uganda is expected to increase from 39 percent in 2009 to about 70 percent by 2014. This jump will be driven by the successful liberalization of the …

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Mini oil refinery to go ahead“ D’Ujanga

By Agencies Uganda plans to go-ahead with the construction of a mini-refinery for its two billion barrels of crude reserves after previously ruling the idea out, the state energy minister said. Investor interest is heating up for Uganda’s oil discoveries since explorers Tullow Oil and Heritage Oil discovered hydrocarbons in …

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New insurance scheme enters Uganda market

By Patrick Kagenda A new insurance company offering rare insurance services has entered the Uganda market. Africa Trade Insurance (ATI) is a multilateral political and credit risk insurer that recently opened shop in Uganda. But its major challenge is to sell itself to the local insurance firms as most of …

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