Analysts say new BoU boss has done well so far Kampala, Uganda | IAN KATUSIIME | After steering the Central Bank for two years in acting capacity since then Governor Emmanuel Tumusiime Mutebile passed on in January 2022, Michael Atingi-Ego has been receiving positive ratings in monetary policy circles. Michael Atingi-Ego …
Read More »Afcon’s decision to play 24 countries is paying off
It’s also having dramatic repercussions ANALYSIS | Chuka Onwumechili | By the end of the group stage, the 34th Africa Cup of Nations (Afcon) was one of the most exciting and memorable Afcon tournaments in recent memory. This was particularly true of the performances of the continent’s best players on the field. …
Read More »Cyber report reveals threats to Ugandan businesses
Lists what Uganda top business executives fear more than theft, fraud, corruption COVER STORY | RONALD MUSOKE | A cyber-attack event is the top-most business risk for Ugandan business executives this year, according to a new survey published on Jan.23 by Allianz Group’s corporate insurer affiliate, Allianz Commercial. Cyber-attacks which include …
Read More »Africa’s 10 ‘most open’ countries for travel
African countries are simplifying entry processes and dropping restrictions to improve cross-border travel at inter-country and regional levels. SPECIAL REPORT | BIRD AGENCY | In the past eight years, 35 countries have improved their visa policies and, since 2016, five countries have abolished all visa requirements for African travellers. As …
Read More »Four top trends to watch in 2024 African energy sector
ANALYSIS | AGENCIES | As Africa heads into 2024, the renewable energy sector is set to see innovation that will transform the way energy is accessed, stored and deployed across Africa. Paul van Zijl, Group CEO at Starsight Energy, discusses 4 key trends that he thinks will profoundly shape the industry …
Read More »Harnessing SACCOs for insurance expansion
Africa has a combined SACCO membership of more than 43 million, holding about USD 24.5 billion in assets Kampala, Uganda | ISAAC KHISA | In an ever-evolving financial landscape, Savings and Credit Cooperative Societies (SACCOs) are emerging as impactful entities, harnessing influence grounded in community trust and convenience to bring about …
Read More »UNDP, African leaders launch Timbuktoo Initiative
The one-billion dollar fund aims to support the African startup ecosystem ANALYSIS | AGENCIES | The United Nations Development Programme (UNDP) launched on Jan.17 the bold and ambitious “timbuktoo” initiative together with African countries. In a special session of the World Economic Forum at its 24th Annual Meeting in Davos, Switzerland, …
Read More »NRM at 38
Fatigue, intrigue, corruption, violence while Museveni lingers on Kampala, Uganda | IAN KATUSIIME | The National Resistance Movement (NRM) is marking its 38th anniversary amidst creeping fatigue, grinding corruption, worsening human rights abuse and the ever present puzzle of succession. The NRM came to power on January 26, 1986 when its …
Read More »Why the rich get richer
New Oxfam report says they exploit the poor Kampala, Uganda | RONALD MUSOKE | Oxfam; the global anti-poverty NGO, has once again released a report on trends of wealth accumulation among the rich and poverty deepening among the poor. While the anger directed at the rich individuals and corporations is the …
Read More »NAM’s ambition and its members scattered positions
Can Museveni align them? COVER STORY | THE INDEPENDENT | President Yoweri Museveni has this week taken over the leadership of the Non-Aligned Movement (NAM) for the next three years to 2027. President Museveni’s tenure comes at a time of great uncertainty; for him personally and on the international scene. Personally, …
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