Uganda never bores. For better or worse we are always making news. This blog tries to go beyond the news to explain, interpret and decipher the news.
2016 has been a good year for news and below are the top ten Shillings & Cents posts by page views. This is the second edition -- the first having been at the end of 2015, of what will be an annual event
I prefer to seat upstairs at the Good African Coffee shop. But Andrew Rugasira had other ideas. We sat downstairs with a display of Good African’s various offerings as a backdrop to our conversation.
2016 has been a good year for news and below are the top ten Shillings & Cents posts by page views. This is the second edition -- the first having been at the end of 2015, of what will be an annual event
#10: WILLIAM KAJOBA, IN THE EYE OF THE BAILOUT STORM
On an evening talk show early last week Kampala businessman William Kajoba came out strongly in favour of a bailout of local businessmen, who are struggling through the current economic hard times and are staggering under the weight of the growing debt load on their businesses. more
#9: RUGASIRA ON COFFEE, CHOCOLATE AND EXPORTING TO THE WEST
Rugasira is launching a line of chocolates to complement his company’s line of coffees, which project started a decade ago and took him from the foot hills of the Rwenzori Mountains to Buckingham palace to the rarefied heights of high finance in the business capitals of the world. more
#8: THE UPDF SHOWING THE WAY ONCE AGAIN
Last week the UPDF’s Wazalendo Savings & Credit Coop had it annual meeting.
According to its financial report they made a profit of about sh12b, which was 30 percent higher than the previous year when profit after tax came in at sh9b. Savings almost doubled to sh60b while the loan book came in sh146b. The 69,000 member group had invested sh80b in their SACCO by subscribing to the SACCO’s shares. more
Last week the UPDF’s Wazalendo Savings & Credit Coop had it annual meeting.
According to its financial report they made a profit of about sh12b, which was 30 percent higher than the previous year when profit after tax came in at sh9b. Savings almost doubled to sh60b while the loan book came in sh146b. The 69,000 member group had invested sh80b in their SACCO by subscribing to the SACCO’s shares. more
#7: POST ELECTIONS, FOCUS ON JOB CREATION
As the dust from the just concluded polls settles it’s time to move on, use the lessons of the campaigns as a stepping stone to a better future for all Ugandans.
As far as I am concerned everything – political or social has its root in how the economy is faring, how it’s being run.more
#T5: THE GHOSTS OF KARUMA PROCUREMENT RETURN TO HAUNT PROJECT
The troubles that dogged the Karuma Hydropower project’s procurement continue to stalk the project, threatening the multi-billion dollar dam’s future usefulness.
In the current spurt the Energy ministry and the Uganda Electricity Generation Company Ltd (UEGCL) are in a heated battle over the supervision of the Karuma and Isimba dams, with accusations and counter accusations being traded, a situation that has been brought to President Yoweri Museveni’s attention. more
#T5: INTERVIEW -- WAPAKHABULO IS REARING TO GO AT UGANDA OIL COMPANY
Josephine Wapakhabulo was last month appointed the Chief Executive Officer of the Uganda National Oil Company (UNOC). Dr Wapakabulo sat down with Business Vision’s Paul Busharizi to discuss her company’s role, her plans and the prospects for oil in Uganda, below are the excerpts of the interview. more
#4: BREXIT AND WHY YOU SHOULD PAY ATTENTION TO PEOPLE IN LARGE NUMBERS
Last week the headlines were all about the shock UK vote to leave the European Union (EU).
By a four percentage point margin the British were scared into believing that immigrants from eastern Europe, the middle East and Africa would overwhelm their shores, and a vote to keep them out would be better than staying wed to the largest economy in the world. more
#3: SOUTH SUDAN'S IMPLOSION IS OUR WAKE UP CALL
The flare up in fighting in South Sudan is disheartening for the disruption and loss of lives that it entails but also for the economic loss to Uganda that it signals.
Clearly the recent peace deal between the South Sudan government of Salvar Kiir and the rebels led by former vice president Riak Machar has failed to hold. more
#2: WILL THE MUSANA CART BRING THE ROLEX TO THE WORLD?
Almost two decades ago two young men asked themselves what it would take to create a “Rolex” chain of restaurants.
The ideas would be take the rolex, which at the time was championed by one Sula in Wandegeya, create a menu, standardise the ingredients, upgrade the sanitation issues, license the Sula name and employ him for good measure. more
#1: WITH THE CABINET ARE WE BARKING UP THE WRONG TREE?
This week a double take was necessary on news that NRM members of parliament were sulking over not being appointed to the cabinet and went further to task President Yoweri Museveni to explain his selection criteria.
Museveni ever the consummate politician, it is reported, listening to their griping, said he would take their concerns under advisement and would get back to them. more
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