Tag Archives: Uganda

By Julius Businge World Bank Group President Dr. Jim Yong Kim and United Nations Secretary-General Ban Ki-moon will make a historic joint visit to Africa’s Great Lakes region from May 22 to 24 in support of a recent landmark peace agreement and to push for economic development in one of …

By Julius Odeke The Japanese Government on Tuesday April 30 announced it was providing a total of US Dollars 21.2 million to four UN agencies to support their collective response to the refugee situation in South-west Uganda, as well as the critical climate-related health, nutrition, water and sanitation challenges affecting …

By Joan Akello `We will punish you’ Energy officials accused of eating bribes In the March issue of the international business magazine, Forbes, the billionaire Sudhir Ruparelia is asked in an interview what he thinks is the biggest weakness of the Uganda economy. Sudhir answers:  “The left doesn’t know what …

By Ronald Musoke Park Jong-Dae, South Korea’s Charge d’Affaires shares his views on his country’s rapid economic development with The Independent’s Ronald Musoke. How did South Korea (officially the Republic of Korea) emerge from the depths of despair of the 1940s to its current industrialised status? Korea’s feat in its …

By Julius Businge Dfcu bank has suspended its trading for four weeks on the Uganda Securities Exchange (USE) to pave way for Commonwealth Development Corporation (CDC) to sell part of its shares in the bank, an official note released on April 22 in a local daily news paper reads. CDC …

By Haggai Matsiko Museveni doubles military expenditure, cuts education budget The budget increase in Uganda’s military expenditure even amidst global and regional defence cuts might be the latest indication of President Museveni’s strategy to fasten his grip on power and his influence on the region. As recent events have showed, …

By Ronald Musoke Prof. Kanyeihamba represents businessman in unusual case In an unprecedented case, a local businessman from eastern Uganda is threatening to sue the U.S. embassy to recover or be compensated for a “priceless cargo of celestial particles” he entrusted with it. Details of the case indicate that the …

By Ian Katusiime Undugu, vows of poverty, and their selfless living Tucked away deep in the Kampala city suburb of Nsambya and its many low cost housing buildings is a Christian catholic mission which until recently was relatively unknown. The Society of Jesus or Jesuits as they are called have …

By Julius Businge The Government of Brazil has made its first contribution to the United Nations World Food Programme (WFP) in Uganda of 2,000 metric tons of rice worth about US$1 million (over sh2.5bn) to cater for 155,000 refugees in Uganda. WFP said in a statement released on March 20 …

By Joan Akello Foreign direct investment has increased over the years in Uganda and the East African region but civil society organizations say Uganda has not benefited much because of poor negotiation in various bilateral agreements. In a half day workshop organized on Mar. 20, Southern and Eastern African Trade …