By Andrew M. Mwenda An examination of the growing power and tyranny of international human rights organisations International human rights groups largely founded and financed by the West have increasingly become powerful voices shaping politics in Africa. Their voice is respected by governments and mass media in the West. Given …
Read More »Umeme IPO oversubscribed
Kampala, Uganda | Julius Businge | The Umeme Initial Public Offering which closed on Nov. 7 has been oversubscribed by 35% by all categories of investors, officials said on Nov.8. They [officials] from Stanbic bank Uganda-the transaction advisor, African Alliance Uganda-the lead sponsoring broker said more than the 622, 378, 000 shares …
Read More »International Financial Corporation to buy Umeme Shares.
By Jimmy Siya A day to the closure of the Umeme Initial Public Offer (IPO), the sale of shares, David Alderton the Corporate Development Manager announced the intentions of the International Financial Corporation to buy Umeme Shares. The corporate Advisor African Alliance Brokers, William Nyakatura says there has been a …
Read More »Why is Bujagali power expensive?
By Agather Atuhaire Experts allege importation of faulty turbines. Is investors denial enough? When the Minister for Energy and Mineral Development, Irene Muloni, announced a new power tariff on Jan. 12, she assured Ugandans that the tariff will reduce once all the five units of Bujagali Hydropower Dam have come …
Read More »Power struggles in 2012
By Eriasa Mukiibi Sserunjogi Mbabazi, Otunnu walk on minefield as Besigye exit tests FDC Amama Mbabazi Senior NRM members are pushing to replace Prime Minister Amama Mbabazi as secretary general, The Independent has learnt in the latest signal that the upheavals that rocked the party last year seem poised to …
Read More »The paradox of power
By Andrew M. Mwenda How politicians and civil servants use Museveni as a cover to make payments to claimants from which they earn huge commissions At the height of his power, Marshal Mobutu Sese Seko of Zaire appeared as if he was in complete control of the country and its …
Read More »How Museveni’s power works
By Andrew M. Mwenda So we pick our story from last week. For the elite, it matters little whether you fought him yesterday or insulted him last week. As long as you want a job in exchange for either your silence or support, President Yoweri Museveni is always willing to …
Read More »Power, sex and scandal
By Joshua Masinde Power, sex and scandal have been known to go together since man started living in organised communities, the first recorded incidents being in biblical times. Often, the mix has ended in tragedy but more often in blushes and a little embarrassment depending on how high the personalities …
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