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The Independent

Pearl Bank records Sh47.3 billion profit after tax

Kampala, Uganda | NEWS CORRESPONDENT | Pearl Bank’s full evolution from PostBank to its current identity has got another boost, with Pearl Bank’s latest financial results for the year ended December 2025 telling a story of strong growth. Profit after tax rose 34 percent to sh47.3 billion, customer deposits climbed 43 …

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Returning humans to the Moon

I watched Artemis II lift off — and witnessed the first humans venture to the Moon since 1972   COMMENT | GORDON OSINSKI | Even from a distance of several kilometres, the Artemis II rocket looked huge. Then, there was a moment that felt like an eternity, as around 2,600 metric …

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Women’s rights are trade rights

  Gender inequality is weakening Uganda’s trade competitiveness   COMMENT | GARD BENDA NTEGYEREIZE |  Uganda’s expanding footprint in regional and global trade, particularly through the East African Community (EAC) and the African Continental Free Trade Area (AfCFTA), signals a strong trajectory toward economic integration and growth. Yet beneath this progress …

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When fools go to war

COMMENT | FEDERICO FUBINI | Although one might be hard-pressed to find similarities between the wars in Ukraine and Iran, Donald Trump’s April Fools’ Day speech from the White House has brought the parallel into sharper focus. To be sure, Ukraine is a democracy (however imperfect) aspiring to European integration, …

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Kyankwanzi, Tenfold Growth Strategy and two things the 2026–2031 government should focus on

MORRISON RWAKAKAMBA | COMMENT | The ongoing Kyankwanzi retreat discussions have mostly focused on the prosperity of Ugandans. In consideration of the foregoing, the most vital document presented and discussed over and over again was “Uganda’s Tenfold Growth Strategy”. This document outlines a journey map that would take Uganda from a …

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IGG orders Jinja Southern Division Mayor to refund funds

Jinja, Uganda | URN | The Inspector General Of Government has directed the outgoing Jinja Southern Division mayor Nasser Ashiraf and 21 other staff to refund sh33.7 million that they irregularly received in the form of allowances. According to the IGG, the money was meant to facilitate supervision of different government …

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Uganda’s tax crossroads

Inside the 2026/27 revenue push, public pushback, and the battle over fairness NEWS ANALYSIS | RONALD MUSOKE | On April 2, Henry Musasizi, the Minister of State for Finance (General Duties), presented a raft of tax proposals to Parliament to finance a proposed Shs 84 trillion budget for the 2026/27 financial …

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Energy crisis strengthens case for green transition

VIENNA | Xinhua | The International Vienna Energy and Climate Forum, which concluded over the weekend, marked the first major global energy gathering since the latest U.S.-Israel-Iran tensions, a conflict that erupted on Feb. 28 and sent global energy prices sharply higher amid fears of supply disruptions. Under the theme …

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