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The independent

Stanbic half-year profits up 21.5% to Shs 154.9bn

Company to focus on investing in technology and digital solutions to enhance customer experience Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Limited (SHUL) has demonstrated business resilience, weathering effects of the coronavirus pandemic to post an impressive 21.5% growth in profit after tax to Shs154.9bn for the first …

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Understanding Ethiopia’s conflict in Tigray

The conflagration between well-armed factions inside of Ethiopia could force Addis Ababa to abandon its role of regional anchor state | THE INDEPENDENT | For the judicious observer of Ethiopia’s ethnic politics, there have been signs of ominous tensions between Tigray and the central government since Ethiopian Prime Minister Abiy …

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Wage bill management in local governments

Leveraging information technologies is crucial in mitigating challenges posed by new normal of COVID-19 COMMENT | PHOEBE ATUKUNDA | The Government of Uganda decentralised human resources management and development to Local Governments (LGs) under Section 126 of the Local Governments Act Cap 243. This legislation gives LGs powers to determine …

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Contemporary Art from Africa roars on

Art market maintains surge amidst Covid-19 pandemic Storm Kampala, Uganda | DOMINIC MUWANGUZI | Well, the Covid- 19 pandemic will not affect the booming art  market for contemporary art from Africa. This to many may come as a big surprise compared to how the pandemic has severed several businesses across …

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East African Breweries revenue up 15%

East African Breweries Limited (EABL) recorded 15% growth in revenue to Kshs86.0 billion for the year ended June 2021. | THE INDEPENDENT | Profit before tax was up 2% to Ksh10.9 billion. The slower profit growth rate was driven by the impact of cost inflation, adverse foreign exchange impact and …

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More borrowers seek credit from banks

The second wave of the pandemic pose downside risks to credit growth Kampala, Uganda | JULIUS BUSINGE | Banks have recently received more loan applications and extended more credit to borrowers amidst the coronavirus pandemic. This is good for jumpstarting the economy that has been hit by COVID-19 lockdowns. Till …

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Predicting COVID-19 increases

Here’s the tool Ugandan scientists are using to predict cases, lockdowns, and reopening | THE INDEPENDENT | One of the obstacles if you are trying to guide policy and protect people from COVID-19 is the bewildering amount of data available every day. We are awash in information, but everyone wants …

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Re-opening schools post-Covid-19

Insights from Uwezo Surveys in Uganda Kampala, Uganda | MARY GORETTI NAKABUGO | Covid-19 has forced an unprecedented level of school closures, affecting more than 1.7 billion learners around the world. Now, a question of growing concern is how governments should be planning for the re-opening of schools. Education systems …

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