In The Magazine

Tanzanian based -lowcost carrier Fastjet has announced plans to cut flights in East Africa starting this month as part of a route rationalisation exercise meant to match frequencies and customer demand. Fastjet, which launched direct flights between Dar es Salaam and Entebbe International Airport in 2014, says “rationalisation” of its …

Controversy has emerged over a private Members Bill, the National Graduate Service Bill tabled by Bunya County MP Waira Majegere. The bill seeks to establish mandatory one year service for Ugandans 18 years old and above as a requirement for any sort of employment. It also proposes that graduates of …

Bank of Uganda has moved to assure customers that Crane Bank will not collapse in spite of its current challenges. BoU took over the management of Crane Bank on Oct 20 citing under-capitalization. Speaking during the Annual Bankers Dinner in Kampala, BoU Governor Emmanuel Tumusiime-Mutebile (Pictured) said that it was …

Matia Kasaija, the minister for Finance and Evelyn Anite, the minister of State for Privatisation and Investment are locked in disagreement over the appointment of the Chairperson of Uganda Electricity Generation Board (UEGCL). Kasaija appointed Frank Katusiime to the post on Nov 9 but Anite preferred Eng. Proscovia Njuki and …

Up to 5000 students of Makerere University Business School MUBS are set to miss out on graduation due to the indefinite closure of Makerere University. MUBS holds its graduation ceremony together with MAK and cannot hold a separate function without the Senate approval of Makerere University. Since the university is …

President Museveni has directed Finance Minister Matia Kasaija to bail out the financially constrained state broadcaster Uganda Broadcasting Corporation (UBC) to the tune of Shs20 billion. Reports indicate that the directive from the President was issued after UBC soaring debts reached Shs28 billion. In his letter, Museveni copied in ICT …

INTERVIEW: Christopher Musoke is the CEO of Financial Sector Deepening Uganda (FSD). He spoke to the Independent’s Agnes E Nantaba about progress in the financial inclusion in Uganda. What are the key elements in your management style as a manager? My concern is to ensure that as a team we …

COMMENT:By Joseph Bossa Under the non-punitive mechanism, the belief is that in a corruption-free environment, everybody gains If the number of laws on the statutes books and the number of institutions designed to curb corruption were a measure of their effect on corruption, that vice would have no hiding place …

  He is best known by his stage name `Patricko’ under which he has traded the radio, entertainment and drama industry for almost two decades. When in character as Patricko, he is funny, loud-mouthed and showy, especially when paired up with other renowned Ugandan theatre and film personalities, Abbey Mukiibi, …

Cash strapped UTL managers chase capital to fund three years turnaround strategy Uganda Telecom is one of the oldest telecom companies in the country and the third in terms of subscriber base now standing at less than two million out of the 22.97million mobile phone users, writes Julius Businge. Owned …