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The Independent

New investment profile positions Greater Masaka as prime investment hub

Masaka, Uganda | URN | The Uganda Investment Authority (UIA) has renewed efforts to attract large-scale investors to the greater Masaka sub-region, in a bid to accelerate its social and economic transformation. In partnership with the Operation Wealth Creation Secretariat, UIA has developed the Greater Masaka Investment Profile, a comprehensive …

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Stable economy driving banking, industry leaders say

‎Kampala, Uganda | URN | The financial industry in Uganda enjoyed good business last year, according to financials being released, the latest being Stanbic Uganda Holdings Limited-SUHL, with UGX 591 billion profit after tax. ‎This new record was a jump from UGX 478 billion posted for the year ended December …

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Soroti intensifies fight against HIV

Soroti, Uganda | URN | A new multi-agency initiative to curb rising HIV/AIDS infections has been launched in Soroti City, targeting adolescents and young people amid growing concern over high transmission rates in the area. The intervention, spearheaded by the Ministry of Health, the Uganda AIDS Commission, and the AIDS …

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Period poverty keeps girls out of class as Uganda seeks private sector support

Kampala, Uganda | PATRICIA AKANKWATSA | Menstruation continues to be a major, largely invisible barrier to girls’ education in Uganda, organisers and humanitarian agencies warned at a fundraising breakfast in Kampala on Tuesday. The event, convened by Ecobank Uganda Limited and the Uganda Red Cross Society under the “Keep a Girl in School” (KAGIS) initiative, called …

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Cost of Busega–Mpigi Expressway doubles with little progress made

Kampala, Uganda | THE INDEPENDENT | Parliament is concerned about the escalating cost of the Busega–Mpigi Expressway with lawmakers questioning how the project’s contract price doubled from the initial Shs547.5 billion to over Shs1.2 trillion. The Committee on Physical Infrastructure chaired by Hon.  Dan Kimosho raised these concerns on Tuesday, …

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Afreximbank and FCI to host Africa Regional Conference on factoring, receivables finance and credit insurance in Kampala

Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank and FCI will host a regional conference on factoring, receivables finance and credit insurance in Kampala on April 15–16, as lenders and policymakers look for alternatives to traditional bank credit to support African trade. The event comes as countries implement …

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