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Economy: Worst Performance in 30 years

Finance Permanent Secretary Muhakanizi attended the meeting

Agriculture, social spending key to economic recovery says IMF Uganda is set to record its worst economic performance in 30 years largely because of last year’s prolonged drought that severely hit the agriculture sector but also due to excessive investments in the infrastructure at the expense of other social sectors. …

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Unfriendly working Environment Driving Scientists out of Uganda

Dr.-Andrew-Kiggundu

Two senior banana breeders and a regulator leave for greener pastures In the last couple of months, Uganda has lost three senior scientists who have left to work for private multinational corporations or international and regional research institutions. Their departure has however resurrected concerns in the scientific community that the …

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SACCOs doing great, but are ‘poisoned’ by politics

MUBS principal, Prof. Wasswa Balunywa

The Sunrise investigation into SACCOs triggers interest in the academia, sparks debate at MUBS Economic Forum At the 18th MUBS Economic Forum organised by Makerere University Business School (MUBS), last week, a spirited conversation ensued between the academics, business professionals, civil society activists, civil servants and students on the role …

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Europe marks 60 years of Treaty of Rome   

EU head of delegation Kristian Schmidt

EU in Uganda oversees many Development Projects Two significant milestones mark this year’s Europe Day of May 9. Firstly, it marks the 60th anniversary of the signing of the Treaty of Rome. This event was celebrated in Rome two months ago. Also remembered is the 30 years of the setting …

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Ugandan passports selling for millions in Arab countries

Maids at Entebbe International Airport ready to leave for the Middle East

The Awkward Life of Nkubakyeyo in Arab countries Hundreds if not thousands of Ugandans these days leave the country every year for the Middle East Arab countries in search of greener pastures. However, testimonies of those those who have taken the plunge, narrate that they meet harsh realities of slavery. …

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Tougher laws for SACCOs and Money Lenders

Minister of Micro-finance Haruna Kasolo

SPECIAL REPORT ON MICRO FINANCE Disagreements between SACCO executives and Bank of Uganda to delay its implementation The end of an era of lawlessness and chaos that has characterised the micro-finance sector for years could come to an end in the coming few months with the commencement of the implementation of …

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I am plotting for new president come 2021 – Salaam Musumba

FDC's Salaam Musumba next president

The former chairperson of Kamuli District Proscovia Salaam Musumba may be nursing wounds from her loss of the Kamuli District Woman Member of Parliamentary bi-election, held a fortnight ago, but that is not about to end her political career, she has vowed. In an exclusive interview with The Sunrise, Salaam …

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China-Uganda Trade row:

Minister of ICT Frank Tumwebaze center flanked by Chinese deputy Ambassador Chu Maoming (L) and Huwaei boss Stanley Chyn

Chinese envoy fires back at critics over unfair trade practices China’s Deputy Ambassador to Uganda Chu Maoming fought back tears as he complained at what he called mistreatment of his countrymen by Uganda’s local business community that has recently turned hostile against the Chinese business community. Although he was meant …

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United Nations has failed the Nations

UN Secretary General Antonio Gutterez

“Britain is like a toothless bulldog, wagging its tail before Smith, and fearing him like hell.” In 1974, that statement, during the Internet pre-viral days, went globally “viral”. It was said by the Zambian High Commissioner to Britain, Ali Simbule, castigating the British Prime Minister, Harold Wilson, for failing to …

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