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 …
Read More »Managing a Shs 180bn SACCO
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 …
Read More »World Bank hails Northern Corridor logistics environment
Northern Corridor success: New World Bank report highlights logistics on EAC’s Northern Corridor as an inspiring African success story Finally, the massive investments in projects to remove logistical bottlenecks in the East African Community are starting to pay off great dividends. A new World Bank report dubbed, ‘Trade Logistics in …
Read More »TANGA ODOI: I am not controversial
Tanga Odoi, the chairman of the National Resistance Movement (NRM) party’s Electoral Commission, is assertive to the point of abrasiveness. The former university don attributes his confidence in dealing with situations directly and not fearing to take a stand from the kind of family he was raised. Odoi, who is …
Read More »UPC is not for sale
COMMENT: By Harold Acemah Early in the morning of Wednesday, June 15, a friend called me from Kampala to deliver some bad news he had just read in the Daily Monitor of that day. He told me, with anguish, that UPC and Uganda House had been sold to the proprietor …
Read More »Tanga Odoi: On having 4 mothers
Tanga Odoi, the chairman of the National Resistance Movement (NRM) party’s Electoral Commission, is assertive to the point of abrasiveness. The former university don attributes his confidence in dealing with situations directly and not fearing to take a stand from the kind of family he was raised. Odoi, who is …
Read More »Bwebajja J & M Hotel auction date set
Barclays Bank has instructed Quickway Auctioneers and Court Bailiffs to auction J&M Airport Rd Hotel Apartments and Leisure Centre Ltd to recover a loan amounting to more than Sh 4.7 billion. A notice published on July 4 indicated that the property, sitting on approximately 30.5 acres, would be auctioned to …
Read More »Post-script: Why the big fish will not bite
The Independent has learnt that long before the February 2016 elections that renewed his grip on office, President Yoweri Museveni was toying with options of how to weaken the opposition even further after walloping it at the polls. Cooptation became his best option. It is an old and tested …
Read More »Museveni’s small fish
Museveni’s small fish: Which one will President grab next? Could the self-declared president of the opposition Uganda People’s Congress (UPC), Jimmy Akena, soon be appointed to a high government position – possibly among the deputy prime ministers? Sources close to State House tell The Independent that when choosing members of …
Read More »Uganda’s economic growth dilemma
Why our country remains poor with high unemployment in spite of 28 years of huge expansion in GDP Last week, I spent an entire day at Uganda Bureau of Statistics crunching numbers with the staff on our GPD growth between 1986 and 2014. There is only one route for nations …
Read More »