In The Magazine

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Africa is forecast to create 1.5 million new BPO jobs over the next six years, with South Africa, Kenya, and Egypt poised to benefit ANALYSIS | LENNOX YIEKE | The business process outsourcing (BPO) sector in Africa – currently employing 1.2 million full-time equivalents across more than 400 contact centres handling …

Heads of state and government must seize this moment, change course, and start valuing ancestral knowledge COMMENT | SONIA GUAJAJARA | The climate disasters unfolding around the world – including unprecedented floods in Brazil, Africa, and China, heat waves in Asia and the Middle East, and persistent droughts in Europe and …

The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …