Kampala, Uganda | THE INDEPENDENT | One person has been shot dead and another arrested in a foiled robbery of mobile money agents in Kitintale. Kampala Metropolitan Police Spokesperson Patrick Onyango says that the armed thugs raided mobile money agents Ibrahim Ssebanenya and Rashid Kyeyune in Kitintale trading center, stealing …
Read More »Zelensky seeks stronger sanctions, Marshall Plan-style aid for Ukraine in Rome
ROME | Xinhua | Visiting Ukrainian President Volodymyr Zelensky on Thursday called on the international community to impose tougher sanctions on Russia and increase support for Ukraine’s post-conflict reconstruction. Speaking at the Ukraine Recovery Conference in Rome, Zelensky emphasized the need for enhanced air defense capabilities to counter Russia’s attacks. …
Read More »FY2024: dfcu declares record dividend
dfcu FY2024 Highlights: 151% growth in profit after tax to UGX 72.1 billion 9% growth in Total Assets, reflecting strong performance and strategic growth initiatives Improved asset quality and capital adequacy, ensuring continued support for Uganda’s key economic sectors Kampala, Uganda | THE INDEPENDENT | In recognition of its strong financial …
Read More »SUGAR MAFIA: Taste or test for corporate regulation in Africa
SPECIAL FEATURE | THE INDEPENDENT & AGENCIES | When Tongaat Hulett began its journey in Southern Africa, the global sugar industry was shedding off its reliance on slavery, especially in the West Indies and America after its civil war. Government control, for a product that was as important as oil and critical …
Read More »Glitz and music as Absa Business Club relaunched
Kampala, Uganda | THE INDEPENDENT | Lively social interactions and laughter, accompanied by cocktails and entertainment from the Sheraton’s Xavieliee Band capped a day that saw Absa Bank Uganda relaunch the Absa Business Club. “This club is more than banking. It’s a growth engine and a community designed to …
Read More »Mineral-rich Zambia, South Africa aim to lead global clean energy research
Zambia and South Africa are leading Africa in laying the groundwork to transform their vast mineral wealth into platforms for research, clean-tech development, and innovation. SPECIAL REPORT | BIRD AGENCY | Zambia, South Africa, and other African countries are seeding mining innovation ecosystems that could shift their role in the …
Read More »Absa Business Club relaunched with strategic partners to drive trade, innovation and SME resilience
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has officially relaunched its flagship Absa Business Club, an enhanced platform designed to accelerate the growth of small and medium-sized enterprises (SMEs) through holistic business support, strategic networking, and access to regional and international markets. At the heart of the relaunch …
Read More »Zembo Motorcycles secures FMO backing to scale electric transport in Uganda
Kampala, Uganda | THE INDEPENDENT | In a significant boost to Africa’s clean transportation sector, the Dutch entrepreneurial development bank FMO has approved a loan of up to $1 million to Zembo Motorcycles, a Ugandan-based electric mobility company. The funding is aimed at accelerating the company’s mission to provide sustainable, affordable, and efficient transport solutions …
Read More »Behind Closed Doors: Exposing the invisible scars of financial elder abuse
COMMENT | MAROUSHKA F. KANYWANI | Within the African—and by extension the Ugandan—cultural context, a great deal of honor is conferred on the pillars of our respective families and communities—aunts, uncles, parents, and grandparents, whose love and wisdom are the backbone of our growth and development. Behind closed doors, however, …
Read More »Why Trump has invited five African leaders to the White House
Washington, US | BBC | US President Donald Trump began a three-day summit in Washington DC with the leaders of five African states, an event the White House sees as an “incredible” commercial opportunity. Trump’s guests include the leaders of Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal – none of whom …
Read More »
The Independent Uganda: You get the Truth we Pay the Price