There are signs of post-pandemic recovery for Africa’s off-grid solar industry. Now it needs to lure back the investors Africa’s off-grid solar power industry is growing but is in urgent need of further support, as the sector struggles to shake off the negative impact of the Covid pandemic on providers of equipment and services, …

Agro-processing, manufacturing and primary agriculture were big determinants for the Bank’s performance | THE INDEPENDENT | Uganda Development Bank, the country’s National Development Finance Institution on July.07 released its 2021 Direct Impact Report highlighting the fundamental role that it continues to play toward Uganda’s sustainable socio-economic transformation and growth. Francis …

Experts back the move but say, the poor will be hit hardest Kampala, Uganda | JULIUS BUSINGE | On July 6, Bank of Uganda held an emergency monetary policy committee meeting and decided to increase the central bank rate (CBR) by one percentage point to 8.5%, the highest since the …

While hydro dams emits no greenhouse gases, reservoirs can be worse than fossil-fuel power plants COMMENT | BRAHMA CHELLANEY | The era of cheap oil and gas is over. Russia’s war in Ukraine – or, more specifically, Europe’s ambitious effort to wean itself off Russian fossil fuels at a time …

It affects women’s mental health, say researchers | MATHEW SHUPLER | About 2.6 billion people – nearly half of the global population, most of them in Africa, Asia and central and south America – rely on biomass fuels, like wood and charcoal, or kerosene to cook meals, heat and light …

Lack of diagnostic facilities escalates the problem Kampala, Uganda | PATRICIA AKANKWATSA | The problem of antimicrobial resistance in infectious agents has been rising, and there is global concern that in the absence of interventions to reverse this trend, the means to treat infectious diseases will be limited and out …

| THE INDEPENDENT | A new study has found that 23% of cigarettes sold in Uganda appear to be illicit, indicating unfair competition to the established tobacco products dealers and loss of revenue to government. The findings based on the BAT Uganda’s approved study that was carried out in the …

| THE INDEPENDENT | MTN Uganda has appointed Safaricom’s Chief Consumer Business Officer, Sylvia Mulinge, as its new chief executive officer effective October 1. She replaces Wim Vanhelleputte who has been promoted to a regional role as operating executive for the West and Central African Markets of Liberia, Guinea-Conakry, Guinea-Bissau, …

The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …

Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank has renewed its approval of a US$1 billion facility to operationalise the African Continental Free Trade Agreement Adjustment Funds. The lender also approved a Grant Funding in an amount of US$10 million to seed the Base Fund of …