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 …
Read More »Uganda can’t pay patriotism RDCs
By Onghwens Kisangala Next month, the minister of Finance will engage in the annual ritual of reading the Budget to Parliament. The question, however, is whether this time round we will get our national priorities right. The Independents Onghwens Kisangala talked to Prof. Edward Kakonge, the Board Chairperson of Uganda …
Read More »FDC suing JATT, Mbabazi is fresh air for torture victims
By John Njoroge Opposition Forum for Democratic Change (FDC) party’s decision to sue members of the Joint Anti-Terrorism Taskforce (JATT) and security minister John Patrick Amama Mbabazi for the torture and inhuman treatment of among others, Francis Atugonza; its secretary for industry and trade and mayor of Hoima town, has …
Read More »BoU blames off-shore investor flight for economic troubles
By Patrick Kagenda A 73% decline in the value of off-shore investments has forced Bank of Uganda to rethink its policies. BoU Deputy Director of Research, Charles A. Abuka, told a workshop organized for forex bureau operators that the bank was reviewing its fiscal policy programs to fit in with …
Read More »High prices, poverty, joblessness
By Melina Platas Survey lists top Uganda economic problems Most Ugandans think the economy is doing badly and getting worse, according to the findings of a latest survey on various sectors of the country. The Afrobarometer, an independent, non-partisan research instrument that surveys 20 African countries, recently released their fourth …
Read More »Fresh graduates build culture at Equity Bank
By Patrick Kagenda How does your day start? My day starts at 5a.m. with indoor exercises. By 6: 30 a.m. I am on the road. When I arrive at office, usually by 7 a.m. depending on traffic jam, I read mail and newspapers before the morning meetings with my senior …
Read More »Begging districts cannot form viable federo govt
By Prof. Michael Madill Federalism seems to have acquired new life as a cure-all for economic and political problems in Uganda. State House, ministries, kingdoms and districts are grappling enthusiastically once again with the possibilities of redistributing power. But key figures are entering into a debate in which they will …
Read More »Poor export figures threaten economy
By Patrick Kagenda Bank of Uganda says economy stable but BoP figures tell a different story Uganda’s macro-economic environment remains “broadly stable” amid global economic gloom, according to the March economic and financial indicators from the Central Bank. But close scrutiny of the figures released last week reveals an attempt …
Read More »Robinah’s business is built on trust
By Patrick Kagenda What is your day like? I wake up at 5 a.m. and pray. I don’t normally have breakfast but I take hot water. I wake up my children for school and 6:30 a.m. is the latest we leave the house. After I have dropped the children to …
Read More »World Bank ready to rescue Africa
By Patrick Kagenda Economic growth drops to 2.4%, 700,000 could die Africa may have been an innocent bystander when the global financial crisis was hatched in the developed nations but they stand to suffer most according to the latest World Bank forecasts. The queen of African economic gloom, Obiageli K. …
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