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In The Magazine

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Is Uganda broke?

Ministry of Finance officials say they have spent over 100 percent of the budget but government departments are struggling to meet their obligations amidst talk that the 2015/16 budget was suppressed by 30 percent. From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, …

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Cost of yellow fever

Nobody should be dying of yellow fever because the disease has an extremely effective vaccine. Experts say a single dose of the medicine which has been available for over 70 years can provide 99% protection from the mosquito borne viral infection. But, by May 09, seven people had been confirmed …

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Kadaga wins on women’s ticket

Victory casts spotlight on effectiveness of 20-year long gender affirmative action agenda On May 02, Kamuli district woman legislator, Rebecca Alitwala Kadaga won endorsement from her party to contest for Speakership of the incoming 10th parliament. Kadaga, who has been speaker of the out-going parliament, fought a bruising battle with …

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Achieving middle-income status in 5 years

Museveni’s latest politicking joke or a realistic national target? When President Yoweri Museveni takes the oath of president for the sixth time on May 12 at Kololo Ceremonial Grounds in Kampala, it appears he will have one goal clearly on his mind: delivering Uganda to the middle income bracket by …

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Banking industry blues

Analysts urge government on business environment as written off non-performing loans erode bank profits In 2015, Standard Chartered Bank, Uganda’s second-largest bank by assets, saw its profits decline by 75% compared to the previous year. The year was even worse for Crane Bank, the second biggest indigenous bank and the …

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