Tag Archives: wealth

Kampala, Uganda | URN | A group of lawyers and activists has petitioned the Inspector General of Government (IGG), seeking a comprehensive investigation into the outgoing Speaker of Parliament, Anita Annet Among, for an alleged breach of the Leadership Code Act. The petition, filed and received by the Inspectorate’s Central …

Kabale, Uganda | URN | Computer illiteracy among civil servants and poor internet connectivity are hindering the wealth declaration exercise in Kabale district which currently stands at only 38.5 percent, with the deadline set for April 30, 2026 (Thursday this week). The exercise requires civil servants from a certain level …

COMMENT | ANDREW PI BESI | For many years, citizens of our ancient continent and beyond have grappled with the question of national growth, or, as Adam Smith framed it, the “wealth of nations”. It was Smith who, exactly 250 years ago this March, offered the first systematic account of this …

Uganda’s Billionaire Axis: Mapping Capital Concentration in a $65 Billion Economy BUSINESS ANALYSIS | THE INDEPENDENT | Uganda’s private capital class is expanding faster than its capital markets. In an economy where public equity remains shallow and disclosure is limited, wealth accumulation has largely occurred through privately held companies, commercial …

Arua, Uganda | THE INDEPENDENT | Residents of the West Nile region are encouraged to adopt President Museveni’s Philosophy of Wealth Creation to reduce poverty and increase household wealth. Sam Wadri Nyakua, the Mayor of Arua City, challenged the people of Arua City and West Nile to embrace the president’s …

  Money without factories, power without production COMMENT | ALEX ATWEMEREIREHO | Uganda is awash with money, yet starved of production. This is not a rhetorical flourish; it is a measurable, lived contradiction. Walk through Kampala, Hoima, Gulu, or Mbarara, and one encounters expensive vehicles, gated mansions, luxury consumption, and cash-intensive …

Katakwi, Uganda | THE INDEPENDENT |  President Yoweri Kaguta Museveni has urged the people of Katakwi to take advantage of the peace ushered in by the NRM government to create wealth and improve their livelihoods. The President, accompanied by the First Lady and Minister of Education and Sports, Maama Janet …

BEIJING, CHINA | Xinhua | The U.S. Senate narrowly passed President Donald Trump’s “One Big Beautiful Bill Act” Wednesday in a 51-50 vote. Though touted as delivering broad prosperity, the sweeping tax and spending package disproportionately benefits the wealthiest Americans. At the heart of the bill is an unprecedented series …

The foundation is also investing $40 million to help several African manufacturers produce new messenger RNA (mRNA) vaccines on the continent Addis Ababa, Ethiopia | THE INDEPENDENT | Bill Gates, co-chair of the Bill & Melinda Gates Foundation, announced plans to allocate the majority of his estimated $200 billion fortune over …

NEW YORK, the United States | Xinhua | World-renowned philanthropist Bill Gates announced Thursday that he will give away virtually all of his wealth to the Gates Foundation. “There are too many urgent problems to solve for me to hold onto resources that could be used to help people. That …