In The Magazine

Listed enterprises record 50% increase in sales Nabukeera Plaza is a large building in downtown Kampala which is home to an extensive array of cubicle-sized shop where an army of traders peddle clothing, home appliances, personal care products, food and drinks and more. That description fits any of the numerous …

But profits decline over declining sales, high costs By Susan Babijja Bralirwa, the biggest brewing company in Rwanda registered annual revenue growth of 5.6% despite a decline in sale volumes, according to its financial performance figures announced recently. According to the results, the firm’s revenue for the period ended December …

New digital technology to ease community health based insurance payment By Susan Babijja The Rwanda Social Security Board (RSSB) has introduced a new subscribing scheme through which community will pay their annual health insurance. The mobicash scheme is a result of partnership entered between RSSB and Mobicash; a mobile solutions …

World notes worsening situation in Uganda, cites Stella Nyanzi saga The constant attacks on journalists by security operatives have seen Uganda drop 10 places in the just released 2017 World Press Freedom Index. Uganda stands at 112, down from the 102nd position it occupied last year with a global score …

Look to heavy investment into technology to reverse slow 2016 growth Centenary Bank and Barclays Bank of Uganda Ltd registered slower growth in profits for the year ending December 2016 but the managers say that is no problem and instead remain positive about the future. Centenary’s profits grew by 8.2% …

African countries asked to invest while keeping an eye on debt levels. The economic growth in Sub-Saharan Africa is rebounding in 2017 after registering the worst decline in more than two decades last year. According to the latest Africa’s Pulse, the World Bank’s bi-annual analysis of the state of African …

Black rhinos from South Africa relocated to Akagera park Finally, 10 eastern black rhinos have been relocated to the Akagera National Park in Rwanda from South Africa. Rhinos disappeared from the park about 10 years ago. The Rwanda Development Board (RDB) said the May 2 relocation of the rhinos was …

Surely Donald Trump couldn’t be that foolish By Benjamin Habib As the USS Carl Vinson and its carrier battle group steamed through the Pacific toward the Korean Peninsula in late April, many were wondering if the Trump administration could be so rash as to attack North Korea. Regardless of how …

Police insiders going rogue? They call themselves the Bakijambiya (Machete gang) and they pounce in the wee hours of the night. They come with pangas, iron bars, nails on wood clubs, and big knives. They chop and clobber their victims, steal their money and portable property, and rape the women …

Consumers want the cheap prices but local traders want the profits Hostility towards Chinese petty traders appears to be growing in Uganda but so is the dependence on Chinese imports. On April 19, the hostility erupted once again as hundreds of traders in the capital city, Kampala, staged a closed-shop …