In The Magazine

S&P keeps Uganda at B/B credit rating, Central bank governor happy over assessment   Increased investment in the infrastructure projects has helped Uganda to maintain its credit rating, according to the latest Standards and Poor report which maintained the country’s B/B rating. That is a mid-level assessment which is way …

Business-as-usual must be challenged if we are going to accelerate the turnaround of Uganda by 2020 COMMENT: By Harrison E. Mutikanga There is increasing debate within the public domain and in particular the energy sector on whether to continue investing in electricity generation facilities or shift focus to transmission and …

The tadooba, a tin wick lamp is a familiar object in many rural homesteads across Uganda. Even in urban areas, it is commonly used to light some roadside businesses that operate after nightfall. In the case of the capital city, Kampala, food and fruit vendors, and street hawkers use them …

The Ambassador of France to Uganda, Sophie Makame speaks to The Independent’s Ronald Musoke about the relevancy today of the 227th anniversary of Bastille Day – the day when, on  July 14, 1789, an angry mob marched onto the Bastille prison and triggered the French Revolution. Why is the storming …

Inside the Shs1 trillion rescue plan for loan stressed companies On July 9, President Yoweri Museveni summoned top officials from the Ministry of Finance, the Central Bank and Uganda Revenue Authority (URA) for a meeting at State House, Entebbe. Amongst those who attended what has been described as a high …

Rent drops but top property agency sees short-term gloom before long-term boom Rent for office space in prime locations in Kampala city has taken an almost 30% fall as tenants flee the city’s Central Business District (CBD), according tothe latest report from the property agency Knight Frank. Rents have dropped …

Bad fuel concern: Dealers, UNBS clash over adulterated fuel standards If you are a motorist, chances are high that you’ve ever bought adulterated fuel unwittingly. Fuel adulteration involves the mixing of diesel or petrol with kerosene as dealers seek to take advantage of the lower price of kerosene to increase …

The proportion of Ugandans engaged in agricultural activities has registered a slight increase according to the latest National Services Delivery Survey. A report, which was compiled by the Uganda Bureau of Statistics (UBOS) shows that the proportion of Ugandans who depend on agriculture increased from 75% in 2008 to 76% …

COVER STORY: Fight over Museveni’s business bail out money President Yoweri Museveni is battling with technocrats at the central bank and Finance Ministry over whether to fork out of the public purse about a trillion shillings to bail out private companies facing immense financial distress. Behind the bail-out is a …

Col. Simon Ocan is the chief executive of Wazalendo, the SACCO for the Uganda People’s Defense Forces (UPDF). He spoke to Flavia Nassaka about their operations and pertinent issues to the cooperative movement in the country. What are the key elements in your management style? In management, there are three …