Kampala, Uganda | PATRICIA AKANKWATSA | In a concerted effort to champion women’s economic empowerment in Uganda, the Uganda Bankers’ Association (UBA), in collaboration with VISA, hosted a pioneering forum at Mestil Hotel in Kampala on Oct. 24 underscoring the pivotal role of enhancing women’s access to tailored financial services and …
Read More »UK PM Rishi Sunak speaks out on AI risks
Kampala, Uganda | THE INDEPENDENT | Artificial intelligence could help make it easier to build chemical and biological weapons, United Kingdom Prime Minister Rishi Sunak has warned through a BCC news report. In a worst-case scenario, society could lose all control over AI, preventing it from being switched off, Sunak said. …
Read More »Protectionism, development, redistribution, and more
COMMENT | Dani Rodrik | Dani Rodrik, Professor of International Political Economy at Harvard Kennedy School, President of the International Economic Association and the author of `Straight Talk on Trade: Ideas for a Sane World Economy’ (Princeton University Press, 2017) says more… Project Syndicate: “What some decry as protectionism and mercantilism,” you …
Read More »Your immune system makes own antiviral drug
And it’s likely one of the most ancient ANALYSIS | Neil Marsh | Antiviral drugs are generally considered to be a 20th century invention. But recent research has uncovered an unexpected facet to your immune system: It can synthesise its own antiviral molecules in response to viral infections. My laboratory studies a …
Read More »URSB to register 800,000 businesses across the country in 3 years
Kampala, Uganda | THE INDEPENDENT | Uganda Registration Services Bureau (URSB) is embarking on an ambitious mission to register more than 800,000 businesses in just three years across the country. URSB unveiled the mass business registration initiative to support the formalization of over 800,000 micro, small, and medium enterprises across …
Read More »ITC, EU join forces to boost film industry.
Kampala, Uganda | THE INDEPENDENT | The International Trade Centre and European Union have announced a business acceleration project for young entrepreneurs in the Ugandan film industry. Dubbed ‘Opportunities are Here’ (OAH), the project will focus on boosting the Ugandan film industry to provide young talents in Uganda with specialised mentoring, …
Read More »COMMENT: Why Bitature bailout is a sensible decision
It is risky for a country to depend on hydropower dams on a single river as the only source of power COMMENT | PETER NYANZI | Recent media reports that Government is considering to bailout business Patrick Bitature by acquiring Electromaxx, his thermal power generation company based in Tororo District in …
Read More »African fashion takes off
UNESCO report at Lagos Fashion Week highlights successes Kampala, Uganda | RONALD MUSOKE | Africa’s fashion sector has “finally taken off” according to the latest report unveiled on Oct. 26 in Lagos, Nigeria, by Audrey Azoulay, the Director General of the United Nations Educational, Scientific and Cultural Organization (UNESCO). The …
Read More »China’s Belt and Road Initiative turns 10
Xi announces 8 new priorities, continues push for global influence ANALYSIS | AGENCIES | China’s Belt and Road Initiative, which now includes 44 African countries, got under way 10 years ago. President Xi Jinping launched it in 2013 with a first speech in Kazakhstan and a second one in Indonesia. The …
Read More »Uganda’s economy grew faster amidst high interest rates
The economy is now projected to grow in the range of 5-6% in the Financial Year 2023/24 riding on continued economic recovery and the developments in the oil and gas Kampala, Uganda | ISAAC KHISA | Uganda’s economy grew faster in the last financial year than previously anticipated a good sign …
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