Experts advise on how country can build sustainable systems ANALYSIS | IAN KATUSIIME | When U.S. President Donald Trump on March 06 announced aid suspension to South Africa over a disagreement, it was a vindication for the country. South African President Cyril Ramaphosa confidently made the point to Trump in a …
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Industry leaders at the Climate Finance Conference call for robust policies, enhanced capacity, and innovative products to embed sustainability in Uganda’s financial system Kampala, Uganda | JULIUS BUSINGE | Financial experts have called on banks and financial institutions to strengthen their commitment to green financing by implementing clear policies, enhancing human …
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Kampala, Uganda | THE INDEPENDENT | A new partnership between SHONA Capital and Cornerstone Asset Managers is injecting $500,000 (USh1.84bn) into Uganda’s small and medium-sized enterprises, a move that underscores growing momentum to domesticate financing for the country’s backbone businesses. The investment, sourced from high-net-worth individuals through Cornerstone’s Private Wealth Management …
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This growth has translated into significant improvements in the labor market, with the creation of over half a million new jobs year-on-year Rwanda | THE INDEPENDENT | Rwanda’s real Gross Domestic Product expanded by 8.9% in 2024, surpassing the previous year’s growth of 8.2%, according to the latest Rwanda Economic Update …
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How should continental vaccine manufacturers handle complex dynamics of supply and demand? ANALYSIS | The African Union has embarked on one of its most audacious health security missions: Ensuring that the continent manufactures 60% of its own vaccines by 2040. Africa currently manufactures a lowly 1% of the vaccines. However, since …
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Ugandan lender sets sights on profitability top-tier as rivals Stanbic and Bank of Baroda stay ahead—for now Kampala, Uganda | THE INDEPENDENT | In a banking sector still feeling the effects of cautious post-pandemic recovery and tighter monetary conditions, dfcu Bank has delivered a notable performance that signals a shift …
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Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd has reported a net loss of Shs 4.95 billion for the year ending December 31, 2024, driven by increased production costs and finance expenses. This marks a deepening of the company’s loss, compared to Shs 2.85 billion in 2023, despite a 4% …
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President Tshisekedi, visiting American senior advisor, discuss minerals-for-security deal COVER STORY | IAN KATUSIIME | Finally, African countries know that unlike in his first term where they hardly mattered, U.S. President Donald Trump this time has the continent on his agenda. Just as in his first term, President Trump has delayed …
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Why the US president’s seemingly crazy suggestion is the only viable solution to the Palestinian problem THE LAST WORD | Andrew M. Mwenda | For one and a half years, the world has watched in utter helplessness the merciless genocidal campaign Israel is conducting in Gaza to cleanse it of Palestinians. South Africa’s …
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The conversation should not be how to sustain an economy in a permanent debt spiral but how to break that cycle COMMENT | VIJAY PRASHAD | In the past two decades, the external debt of developing countries has quadrupled to $11.4 trillion (2023). It is important to understand that this money owed …
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The Independent Uganda: You get the Truth we Pay the Price
