HELSINKI | Xinhua |  Global arms revenues of the world’s 100 largest arms companies hit a record 679 billion U.S. dollars in 2024, with U.S. arms producers accounting for nearly half of the total, the Stockholm International Peace Research Institute (SIPRI) said in a report released on Monday. In 2024, …

Francistown, Botswana | JULIUS BUSINGE |  Kiira Motors Corporation (KMC) and its partners today, Dec. 2, announced that the “Made in Uganda Grand Trans-Africa Electric Expedition” has successfully reached Botswana, marking a historic milestone in Uganda’s push to showcase locally made electric mobility solutions on the continental stage. “The fully electric Kayoola …

Kampala, Uganda | THE INDEPENDENT |  Nova Microfinance, a provider of inclusive financial services, has teamed up with Simba Automotives Limited, one of Uganda’s largest motorbike companies to increase access to both fuel-powered and electric motorcycles for individuals, companies , and business owners across their 65 distribution points in the …

  Uganda–Qatar embassy hosts successful 2025 Uganda diaspora convention in Doha Doha, Qatar | THE INDEPENDENT | The just concluded 2025 Uganda–Qatar Diaspora Convention brought together hundreds of Ugandan migrant workers, diaspora leaders, government officials, and private-sector partners for a full day of engagement, empowerment, and service delivery. The Convention followed …

A defiant mining industry is testing whether transparency in Uganda’s extractive sector can survive on goodwill alone Kampala, Uganda | RONALD MUSOKE | When Gloria Mugambe, the Head of Uganda’s EITI Secretariat (UGEITI) stepped up to the podium at the launch of the country’s Fourth Extractive Industries Transparency Initiative (EITI) Report …

Absa Introduces Three Digital Payment Solutions as Digital Payments and Cross-Border Trade Surge in Uganda Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda has today launched three innovative digital payment solutions namely the Absa Multi-Currency Virtual Card, Absa Pay, and Absa Pay by Link, all designed to make banking more …

The combined investment value of the Kingfisher, Tilenga, and East African Crude Oil Pipeline (EACOP) projects now exceeds US$15 billion Kampala, Uganda | JULIUS BUSINGE | The Petroleum Authority of Uganda (PAU) has released a ten-year performance scorecard showing that of the US$7 billion in contracts approved to date, more …

  Entebbe, Uganda | PHILLIP CORRY | Isaac Mariera claimed the overall men’s crown at the I&M Bank-sponsored Katogo Golf Series at Entebbe Club on Saturday. Mariera’s 68 nett was enough for him to conquer the 18-hole course and edge ahead of 154 golfers. Toro Club’s Lillian Koowe, was the overall …

  Industry analysts say these developments illustrate a broader trend toward intra-African connectivity, which is critical for the continent’s economic integration Kampala, Uganda | THE INDEPENDENT | Uganda Airlines has signed an interline agreement with South Africa’s regional carrier Airlink, a move that expands regional connectivity and promises smoother travel …

  Kampala, Uganda | JULIUS BUSINGE |  Uganda’s young entrepreneurs are emerging as key players in climate and sustainability innovation, following the conclusion of the country’s first Pachi Panda Innovation Challenge, hosted by MTN Uganda in partnership with the World Wide Fund for Nature (WWF). The competition, launched in September …