The country’s second airport is at 80% completion as the country seeks to boost growth and development in south western region Kampala, Uganda | THE INDEPENDENT | Uganda’s second largest international airport is set to open up trade and investment opportunities in the oil region upon completion. The Hoima-based airport …
Read More »Insurance premiums reach record high of Shs1.18trillion
Russia-Ukraine war could deter economic recovery leading to a rise in policy lapses and low new policy uptake and renewals Kampala, Uganda | ISAAC KHISA | Uganda’s insurance industry has recorded a gross written premium growth of 10% for 2021, to Shs 1.18trillion driven by enhanced distribution, customer confidence, risk …
Read More »Do algorithms help to reduce crime?
Why predicting individual crimes by using criminals’ habits against them appears to be a good investment COMMENT | GIOVANNI MASTROBUONI | We all tend to follow habits at work and in other aspects of our lives. I generally work best in the morning and hate working after dinner. Our habits …
Read More »Sculptures of the Extraordinary
The Centenary Monument and Freedom Sculpture, epitomize technical dexterity and studio prowess Kampala, Uganda | DOMINIC MUWANGUZI | For one who has been to the Centenary Park in Kampala, located next to Hotel Africana, they should have caught sight of the strikingly in design artwork in the gardens of the …
Read More »Malaria mosquito bites
Scientists discover they feed in shifts some during day, and some at night FEATURE | THE INDEPENDENT | Malaria cases and deaths have been slowing down in sub-Saharan Africa in the last few years. This is because of a steady drop in incidence rate of the disease for decades prior …
Read More »UDB, European Union unveil Shs62bn facility for tourism investors
| THE INDEPENDENT | Investors in the tourism sector have an opportunity to exploit out of the Uganda Development Bank and European Union partnership involving a Shs62bn facility, executives said on May 18. Representatives from the two partnering agencies openeda the call for entries for eligible businesses in the tourism …
Read More »URA’s nine-month tax collection hit Shs15.4tn
Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …
Read More »Uganda – DRC trade
Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …
Read More »Collective investment scheme assets cross Shs1tn
This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …
Read More »Katanga: Where girls give birth before 18 years
New digital platform aims to help the girls get contraceptives and information Kampala, Uganda | PATRICIA AKANKWATSA | Katanga is an urban slum situated on a flood plain between Makerere University and Mulago Hospital It is home to approximately 20,000 people, living in wood, mud and brick homes. Slim channels weave …
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