Kampala, Ugada | URN | Ibrah Muwonge alias Kimbowa Ibrah has become the first person to be convicted of terrorism in Uganda arising from the deliberate vandalism of electricity infrastructure. Muwonge was on Tuesday convicted by the International Crimes Division of the High Court on two counts of terrorism and one …
Read More »Museveni backs value addition as Uganda targets $500bn economy by 2040
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called on Uganda to stop exporting raw materials and invest in processing and manufacturing, as the country pursues a target of growing its economy tenfold to $500bn by 2040. In a speech read on his behalf by Trade, Industry …
Read More »Uganda Development Bank commissions new-look modern head office
New faciliteis to strengthen delivery of Uganda’s development finance mandate Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB), Uganda’s national Development Finance Institution, has commissioned UDB Tower, its new 14-storey head office located at Plot 22, Hannington Road in Kampala. Officials said the commissioning marks a …
Read More »MPS inspect key petroleum infrastructure as Uganda nears first oil
Hoima, Uganda | NEWS CORRESPONDENT | Members of Parliament on the Committee on the Budget have concluded a field oversight visit to Uganda’s key petroleum development projects to assess progress, evaluate preparedness for first oil, and gain a first-hand understanding of investments being undertaken across the sector. The delegation, led …
Read More »Parliamentary committee on environment and natural resources assesses EACOP readiness for first oil in Tanzania
Dar es Salaam, Tanzania | NEWS CORRESPONDENT | Members of the Parliamentary Committee on Environment and Natural Resources have concluded an oversight visit to the East African Crude Oil Pipeline (EACOP) facilities in Tanzania to assess project progress and preparations for Uganda’s first oil production. The delegation, led by Ann …
Read More »GIVING BACK: Bukenya Sulaiman Foundation takes humanitarian mission to Oyam district
Oyam, Uganda | NEWS CORRESPONDENT | The Bukenya Sulaiman Foundation has successfully concluded its second official humanitarian outreach mission in Oyam District, delivering critical aid to vulnerable children, students, and elderly residents. The extensive donation drive, which took place on October 4, 2026, focused on addressing immediate educational and basic …
Read More »Focus on climate action, Tayebwa tells MPs
Kampala, Uganda | NEWS CORRESPONDENT | Deputy Speaker of Parliament Thomas Tayebwa has urged Members of Parliament to use Parliament’s legislative, budgeting, oversight and representation roles to help Uganda prevent climate-related disasters and build resilience. Tayebwa said climate change can no longer be treated as an issue for speeches …
Read More »Ugandan fintechs seek regional market as Nairobi hosts blockchain festival
Kampala, Uganda | THE INDEPENDENT | Ugandan fintech companies are seeking opportunities beyond the domestic market as demand grows for faster cross-border payments, digital-asset settlement and financial services across Africa. The companies are positioning themselves for a regional market where businesses increasingly need to move money between countries, currencies and payment …
Read More »Housing Finance Bank retained as government securities market maker
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank (HFB) has been reappointed by the Bank of Uganda as a Primary Dealer Market Maker (PDMM) for the 2026–2029 cycle, extending its role in Uganda’s government securities market to nine years. The reappointment, announced on October 5, 2026, places HFB among financial …
Read More »Tooro King reappoints Rwomiire as acting Prime Minister
Fort Portal, Uganda | URN | Omukama Edward Rukidi Nyabongo I has reappointed Calvin Armstrong Rwomiire Akiiki as acting Prime Minister of Tooro Kingdom for a six-month transitional period as the institution begins a new chapter following the death of Omukama Oyo Nyimba Kabamba Iguru Rukidi IV. The appointment was …
Read More »
The Independent Uganda: You get the Truth we Pay the Price