Kampala, Uganda | THE INDEPENDENT | On July 18, Diamond Trust Bank announced its sponsorship of the Green Industry Agenda, a Uganda Manufactures’ Association led initiative, aimed at promoting sustainable industrial growth in Uganda. The lender’s CEO Godfrey Sebaana said the support aligns with the bank’s sustainability goals, and is a …
Read More »Do human rights undo Uganda’s political progress?
The discourse of Human Rights in the country overlooks the real political issues which perpetrate violations COMMENT | NNANDA KIZITI SSERUWAGI | Young Ugandans usually define themselves as Human Rights activists when they become civically aware or come of political age. As a young lawyer and a recent graduate from the …
Read More »Tripartite Free Trade Area opens new trading opportunities in Africa
The tripartite member states represent 53% of the African Union’s membership, accounting for more than 60% of the continental GDP ($1.88 trillion) and with a combined population of 800 million ANALYSIS | THE INDEPENDENT | The private sector in the East African Community, under their umbrella body, the East African Business …
Read More »Museveni engages Standard Chartered Bank on funding key projects
The lender has expressed interest in financing additional projects, including the SGR and the UMEME buyout, totaling USD 4 billion Kampala, Uganda | JULIUS BUSINGE | On July 25, President Yoweri Museveni met with a team from Standard Chartered Bank’s Export Finance division at State House, Entebbe, to explore potential funding …
Read More »VAAL Real Estate breaks ground for Cadenza Residence in Kampala
Developers are expanding outside the Central Business District driven by growing opportunities for investors and homebuyers Kampala, Uganda | THE INDEPENDENT | Turkish real estate firm VAAL Real Estate has officially commenced construction on its flagship project, Cadenza Residence, located in Nakasero, Kampala. The project, valued at US$30 million, is set …
Read More »Banks urged to enhance measures against rising fraud
There’s a dramatic rise in loan fraud, which surged to 46.5% as of June, up from 23.3% in March 2024 Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s banking sector is confronting a significant increase in fraud incidents, prompting experts to call for more stringent measures to address the escalating threat. Julius …
Read More »Can democracy win in 2024?
As democracies wrestle with problems they once seemed to manage, authoritarians watch with satisfaction COMMENT | CHRIS PATTEN | The most compelling argument for liberal democracy is that it empowers citizens to choose their own leaders, effectively placing the country’s present and future in voters’ hands. The system is underpinned by …
Read More »Uganda in race to meet new EU coffee export rules
150 days left to comply with new tough EU regulations on farmers who cut forests to grow coffee Kampala, Uganda | RONALD MUSOKE | With about 150 days left before the European Union (EU) market begins implementing its tough ban on import of ‘deforestation-related products,’ Ugandan farmers, exporters, and regulators are …
Read More »#March2Parliament protests
Did July 23 mark the start? COVER STORY | IAN KATUSIIME | Tired of endless corruption, groups of Ugandans took to the streets under the hashtag #March2Parliament. It was also to express their anger and dissatisfaction against an unaccountable political system they say does not work for majority of citizens. In …
Read More »Museveni’s forever wars on corruption
Why our president is caught in contradictions that he can neither grasp nor overcome THE LAST WORD | Andrew M. Mwenda | So, President Yoweri Museveni declared a “tough war” on corruption; promising to apprehend all thieves and send them to jail. Then young people decided to march onto parliament, the seat of …
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