Kampala, Uganda | THE INDEPENDENT | Former Speaker Anita Among has tweeted for the first time since May, confirming reports that she is now free from house arrest and will not face criminal charges. She said she will soon be back in parliament. “I take this opportunity to thank …
Read More »Russia is cutting off Ukraine’s grain exports again
Here is why the latest chokehold could threaten a critical harvest and global food security COMMENT | IRYNA SKUBII | While the world’s attention is fixated on the US blockade of Iranian ports and the closure of the Strait of Hormuz, Russia has been subjecting Ukraine to a blockade …
Read More »Who gets to call Uganda Middle Income?
COVER STORY | For a decade, President Yoweri Museveni has promised, and repeatedly proclaimed, Uganda’s arrival in the lower-middle-income club. The World Bank keeps saying not yet. Behind the numbers lies a deeper contest over growth, population, political legacy and who gets to define Uganda’s economic progress, reports Ronald …
Read More »Parliamentary Probes: When accountability risks becoming theatre
COMMENT | STELLA OKETCHO | Uganda’s Parliament has, over the years, developed several standing committees that have stood out for the weight of the responsibilities entrusted to them. Among the most prominent are the Public Accounts Committee and the Committee on Public Accounts (Commissions, Statutory Authorities and State Enterprises), …
Read More »Continental Reinsurance opens Botswana’s first reinsurer public offer
The BWP409 million in new proceeds will be used to strengthen the group’s balance sheet, support its pursuit of an A financial strength rating, expand its core underwriting business NEWS ANALYSIS | THE INDEPENDENT | Africa’s re-insurer, Continental Reinsurance Holdings Limited, has opened a $156.1 million public offer …
Read More »UDB turns public capital into jobs and factories
The lender approved Shs518.4 billion in new financing for 120 projects across Uganda and disbursed Shs502.2 billion NEWS ANALYSIS | JULIUS BUSINGE | Uganda Development Bank (UDB) is expanding its role as a source of long-term capital for businesses, with increased lending helping companies create jobs, raise …
Read More »After mass withdrawal of defense team, Obeid Lutale calls up daughter in treason trial
Kampala, Uganda | URN | Following the arrest of Erias Lukwago, the deportation of Martha Karua and mass withdrawal of the other defense lawyers, treason suspect Obeid Lutale has turned to his daughter to represent him in front of the trial judge Emmanuel Baguma. Mariam Lutale, the daughter of treason …
Read More »Kasozi takes a 1-shot lead as Uganda Amateur Open tees off
Kampala, Uganda | PHILLIP CORRY | Joseph Kasozi leads the 94th Johnnie Walker Uganda Amateur Open by 1 stroke after battling on a rain-affected course on day one at the Uganda Golf Club. Kasozi sunk birdies on holes 1,5,8,10,14 and 15, with a bogey on hole 12, as he carded an …
Read More »What world Lion Day teaches us about protecting our financial future
A Lion Doesn’t wait for the storm COMMENT | MOSES MUGALU | Every August 10, the world celebrates the lion, an animal associated with strength, courage, leadership and protection. But beyond its imposing presence, perhaps the most important lesson the lion offers is one of preparedness. A pride survives …
Read More »COMMENT: If we do not fix the pipeline that produces DMC taxis, impounding them will not solve anything
COMMENT | RONALD AMANYIRE | The crackdown on taxis labelled as being in dangerous mechanical condition has produced the entirely predictable outcome: passengers stranded across the city and an immediate surge in boda‑boda use. That alone exposes a simple truth which is that even in their poor state, these …
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