The total group equity value of the joint venture, which will operate in nearly 30 African countries, is expected to be more than $2.1bn, according to Allianz | THE INDEPENDENT | South African insurer Sanlam and Germany’s Allianz have agreed to combine their current and future operations across Africa in …
Read More »Manufacturer’s trade fair is back
The exhibition is expected to attract 100 international exhibitors to promote their businesses Kampala, Uganda | THE INDEPENDENT | After two years of no show due to COVID-19 related restrictions, Uganda Manufactures Association is in high gear to host sector players from across the world for the 28th Trade Fair. …
Read More »MTN Uganda posts net profit of Shs 100bn in Q1
The firm maintains a positive outlook going forward Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda recorded a 20% increase in profit after tax to Shs100bn in quarter one of 2022, signifying an improvement in profit margins. The performance was boosted by data revenue, which increased by 45% …
Read More »Uganda second worst country for journalists
Journalists are among the country’s worst-paid professionals Kampala, Uganda | THE INDEPENDENT | Uganda is the second worst country to be a journalist in the East African region, according to the latest 2022 edition of the World Press Freedom Index published on World Press Freedom Day May 03. The World …
Read More »Environment protection in Uganda’s oil and gas sector
Why the agenda of “environmental fashion” driven by some environmental activists should consider our uniqueness COMMENT | JOSEPH KOBUSHESHE | Following the announcement of the Final Investment Decision for Uganda’s flagship oil and gas projects, which are expected to deliver first oil in 2025, sections of the media have been …
Read More »Uganda’s delicate dance with Public Private Partnerships
Why guarantees and provisions offered for bankability of projects, shouldn’t be politically unattractive to public COMMENT | NICHOLAS AGABA RUGABA | Over the last three months or so, there has been wide public debate and extensive media coverage on various public private partnerships and projects involving developing specialised health facilities, …
Read More »Smart farming practices yield dividends
At the recent Harvest Money Expo, participants witnessed how Agric-techs support farmers to use mobile phones to transform COMMENT | DAVID BIRUNGI | Agriculture continues to be a key contributor to the Gross Domestic Product (GDP) of various economies across the world. According to the 2020/2021 financial year, agriculture accounted …
Read More »Mwenda wrong on real problem of Uganda
The contradictions in his arguments and the contempt he holds Ugandans in, especially the educated, is striking COMMENT | JACK PINTO | Refer to: “The real problem of Uganda: Educated Ugandans can’t see they don’t need a perfect policy environment to become prosperous” (The Independent April 21). I open Mwenda’s …
Read More »Lab-grown meat and insects
Are they healthier and can they save the environment? | THE INDEPENDENT | Global food systems face the challenge of providing healthy and adequate nutrition through sustainable means, which is exacerbated by climate change and increasing protein demand by the world’s growing population. Recent advances in novel food production technologies …
Read More »NSSF mid-term payments reach Shs400bn
The pension fund manages assets worth over Shs15.5 trillion invested in assets cross East Africa Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund has paid Shs400bn to 18000 eligible members for the mid-term access since the exercise commenced on March.17, the fund’s executive said. The payments are in accordance with …
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The Independent Uganda: You get the Truth we Pay the Price