In The Magazine

How good institutions become dysfunctional in heterogenous countries with deep interethnic divisions THE LAST WORD | Andrew M. Mwenda | Last week, a friend sent me a long dissertation about Why Nations Fail: The Origins of Power, Prosperity and Poverty, a book by James Robinson and Daron Acemoglu. Why Nations Fail is …

Generative artificial-intelligence models like ChatGPT will revolutionize the economy, though no one can say when COMMENT | BARRY EICHENGREEN | The first rule of forecasting, the financial journalist Jane Bryant Quinn once observed, is this: give them a forecast or give them a date; just never give them both. So, here’s …

The EU’s carbon border adjustment mechanism is designed to lower greenhouse-gas emissions and encourage cleaner industrial production beyond its borders COMMENT | CARLOS LOPES | As the European Union pursues vigorous efforts to achieve its targets under the Paris climate agreement, the bloc’s proposed carbon border adjustment mechanism (CBAM) offers the …

The Fed’s dramatic interest-rate hikes have had dire implications for debt sustainability in the developing world COMMENT | HIPPOLYTE FOFACK |  The US Federal Reserve’s decision to raise interest rates by 475 basis points over the course of 12 months, in a bid to curb inflation, was bound to be …

The artists in the exhibition Allegiance To Thee showcase a knack to create art that transcends the ordinary Kampala, Uganda | DOMINIC MUWANGUZI | If artists are availed an open platform and adequate time they can produce art that transcends the ordinary. The ongoing undertaking by notable private galleries on the …

Kampala, Uganda | THE INDEPENDENT | dfcu Bank was recently unveiled as the official Bank Partner for the “Boyz II Men Live in Kampala” concert. Boyz II Men is one of the most iconic R&B groups in the music industry’s history. Uganda is the second leg of their first-ever Africa tour. …

Kampala, Uganda | THE INDEPENDENT | The European Union will continue to support Uganda’s development agenda as it continues to engage Kampala on a few Human Rights concerns and democracy, the bloc ambassador to Uganda, Jan Sadek, said. Speaking at a function to celebrate Europe Day in Kampala last week, Sadek …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said that Uganda is ready to work with the government of Algeria to develop its energy sector. Museveni on Thursday met a delegation from Algeria led by their Minister of Energy and Mines Mr. Mohamed Arkab who called on him at …

Kampala, Uganda | THE INDEPENDENT | The Minister for Information Communication Technology (ICT) and National Guidance, Dr Chris Baryomunsi has hailed the role played by telecom companies in driving Uganda’s digital revolution. “Previously in our village, one would go to the nearest hill and shout their voices out to inform people …

Kampala, Uganda | THE INDEPENDENT | Mobile phone company Tecno Mobile has unveiled Tecno Camon 20 to the Ugandan market to further give its clients a wide range of mobile gadgets to buy and use. Camon 20 comes with Android 14 OS, 6.67 inches AMOLED Display, Mediatek Helio G85 Chipset, Triple …