The bank’s net income climbed from US$125.3 million to US$973.5 million over the same period—representing nearly an eightfold increase Abuja, Nigeria | ISAAC KHISA & AGENCIES | When Professor Benedict Oramah joined the African Export-Import Bank (Afreximbank) in 1994 as a young chief analyst, few could have foreseen that he would …
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The calculations and the fears COVER STORY | AGENCIES | Facing a massive attack on its homeland, the Islamic Republic’s response has been restrained, driven by vulnerability and the need to avoid U.S. intervention. Its strategy appears aimed at preserving deterrence and diplomatic options while managing internal fallout amid mounting civilian …
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He was a long-standing ally of Francis, who repeatedly called for peace COVER STORY | AGENCIES | Cardinal Robert Francis Prevost of Chicago was elected pope on April.08, becoming the first American to lead the Roman Catholic Church. He has chosen the papal title of Pope Leo XIV. The 69-year-old cardinal, …
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Analysts say the new tariffs suggest that the renewal of the initiative is extremely unlikely COVER STORY | THE INDEPENDENT & AGENCIES | In what has been described as one of the most disruptive moments in trade history, U.S. President Donald Trump on April 02 unleashed sweeping tariffs on nearly all …
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Amnesty International says no one committing genocide should go unpunished ANALYSIS | THE INDEPENDENT & AGENCIES | Amnesty International want Israel Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant to be charged with the crime of genocide against the Palestinian people in the occupied Gaza. This is in addition …
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The oil firm borrowed $5.5 billion and has since paid interest and some principal of over $2.4 billion ANALYSIS | ISAAC KHISA & AGENCIES | Global and local oil mafias, alongside international banking interests, attempted to thwart the establishment of a major oil refinery in Nigeria, according to Nigerian industrialists, Aliko …
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Uganda listed among those growing rich fastest COVER STORY | AGENCIES | Uganda is one of seven countries expected to experience 80%+ millionaire growth over the next decade, according to a new report by the leading international wealth and citizenship advisory and consultancy firm, Henley & Partners. The report says although …
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Kampala, Uganda | THE INDEPENDENT | The government is scheduled to table nine new Bills in Parliament effective January 13, 2024, with the long-awaited Rationalisation of Government and Public Expenditure top on the list. Prime Minister Robinah Nabbanja and Head of Government Business in Parliament says the proposed Bills include …
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Kampala, Uganda | THE INDEPENDENT | The Prime Minister, Robinah Nabbanja, revealed that the government will table Bills next week aimed at providing for the rationalization of agencies under four sectors of the country. The proposed Bills include the Rationalization of Government Agencies (Education Sector) (Amendments) Bill, 2024 and the Rationalization …
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Kampala, Uganda | THE INDEPENDENT | The Prime Minister, Robinah Nabbanja, has revealed that government will table Bills next week aimed at providing for the rationalisation of agencies under four sectors of the country. The proposed Bills include the Rationalisation of Government Agencies (Education Sector) (Amendments) Bill, 2024 and the Rationalisation …
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The Independent Uganda: You get the Truth we Pay the Price
