Kampala, Uganda | NEWS CORRESPONDENT | Industry players have been urged to support the growth of Uganda’s mineral sector to unlock its potential through appropriate financing and investment options that will spur its growth and enable the country to attain its US$500 billion GDP target by 2040. The call …
Read More »Museveni, Ruto launch Dangote East African Refinery in Lamu
Lamu, Kenya | AGENCIES | The upcoming construction of the multi-trillion-shilling Dangote East Africa Refinery in Lamu is set to transform the region into a massive hub for engineering talent and industrial employment. Dangote Group Chairman Aliko Dangote has revealed that the mega-project will generate at least 60,000 jobs, with …
Read More »The Invisible Bankers
The professionals who help move, hide and legitimise Uganda’s dirty money Kampala, Uganda | IAN KATUSIIME | Uganda could be losing more than Shs2 trillion a year to illicit financial flows (IFFs), with trade misinvoicing alone estimated to have created a $6.6 billion gap between what Uganda reported …
Read More »SMEs share growth and business protection priorities at dfcu meet
Business owners discuss growth, cash-flow management, business resilience and financing needs during the latest Kyusa Level SME Customer Dine-Out. Kampala, Uganda | NEWS CORRESPONDENT | Small businesses remain at the centre of Uganda’s economy, but many entrepreneurs are navigating a business environment shaped by rising operating costs, tighter …
Read More »Absa Bank pushes for coordination on data privacy
Absa convenes financial sector to strengthen collaboration on data privacy Kampala, Uganda | NEWS CORRESPONDENT | Absa Bank Uganda has brought together financial institutions, regulators, fintechs, data protection and information-security professionals to explore how the sector can work more closely to protect customer information as financial services become increasingly …
Read More »Soroti City officials raise concern over idle Industrial Park land
Soroti, Uganda | URN | Soroti City authorities are raising concern over the continued idleness of land in the Soroti Industrial and Business Park, more than a decade after it was allocated to investors. The park, established in 2012 after the Uganda Investment Authority (UIA) secured 219 acres of land in Soroti …
Read More »Bishop Kisembo to Tooro King: One wife, one woman
Fort Portal, Uganda | URN | The Bishop of Ruwenzori Diocese, Rt Rev Reuben Kisembo has urged the newly crowned King of Tooro, Omukama Edward Rukidi Nyabongo I, to honour the matrimonial vows he made to his wife by remaining faithful to the marriage. He cautioned against polygamy, saying it can …
Read More »Excitement as Hoima City Stadium hosts historic Uganda-Libya AFCON Qualifier
Hoima, Uganda | URN | Despite tight security, there was excitement among football fans and residents of the Bunyoro sub-region as Hoima City Stadium prepared to host its first-ever international football match. Uganda Cranes take on Libya in a 2027 Africa Cup of Nations (AFCON) qualifying fixture this …
Read More »Russian firm says it can install 1,500 digital plates daily as global shipping disruptions delay supplies
Kampala, Uganda | THE INDEPENDENT | The company implementing Uganda’s digital number plate programme says it has the staff and equipment to accelerate installations, after the government pressed it to address shortages and delays. Damir Makhmutov, project manager for the Intelligent Transport Monitoring System at Joint Stock Company Global …
Read More »Kabalega Airport commissioning now set for January 2027
Hoima, Uganda | URN | The long-awaited commissioning of Kabalega International Airport in Kabaale Sub-county, Hoima District, has been pushed to January 2027, despite the facility already handling its first passenger flights. Works and Transport Minister Fred Byamukama said the first phase of the airport project is now 99.9 per …
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The Independent Uganda: You get the Truth we Pay the Price