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In The Magazine

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To whom it may concern

  A frank memo to those demanding that we purchase credibility at the price of mutilating of our beliefs THE LAST WORD | ANDREW M. MWENDA | A section of the Ugandan talking heads have made a fetish of “credibility”, particularly the sort of “credibility” purchased by denouncing President Yoweri …

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On Mwenda’s self-destructive impulses

Why not exploit opportunities for public private partnership instead of focusing on loans from local banks? COMMENT | RUGABA AGABA | Andrew Mwenda’s “Uganda’s self-destructive impulses” in the Independent Magazine of August 9, 2021 raises interesting perspectives on Uganda’s banking industry and local capital development for social economic transformation. Whereas …

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Taking on Francis Bacon

Between Bacon and Mwesiga there’s often a striking connection in studio deftness and philosophy Kampala, Uganda | DOMINIC MUWANGUZI | Francis Bacon was an Irish-born artist whose obsession with raw and unsettling imagery earned him global recognition as one of the most sought after artists of his generation. His abstract human figure portraits were expressive of his inner persona and daily engagement with …

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IN THE INDEPENDENT: Kampala water supply doubles

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. THE LAST WORD To whom it may concern: A frank memo to those demanding that we purchase credibility at the price of mutilating of our beliefs COMMENT The environment and Uganda’s oil activities: It is …

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dfcu profit after tax up 33%

Future performance will depend on economic recovery speed Kampala, Uganda | ISAAC KHISA | Profits at dfcu bank has increased by 33% in the first half of the year as it benefited from the rebound in the economy and surge in activities. Listed on the Uganda Securities Exchange, the lender …

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New capital requirements for banks

Proposal is good for the industry but a headache to investors, small players | THE INDEPENDENT | The central bank’s proposal to raise capital requirements for commercial banks is commendable but could threaten survival of small players, according to industry players and experts. Wilbrod Owor, the executive director at the …

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Africa and the IMF

How the continent can seize the moment and start resetting its relationship with the international financial institution | DANNY BRADLOW | The International Monetary Fund (IMF) has injected $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide …

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