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 …
Read More »dfcu, partners drive commercial agriculture push through best farmers platform
Kampala, Uganda | THE INDEPENDENT | Uganda’s agriculture sector, which contributes roughly a quarter of the country’s Gross Domestic Product and employs over 70 percent of the population, is once again in sharp focus as financial institutions and development partners intensify efforts to turn farming into a competitive, wealth-generating industry. …
Read More »VAAL targets Kampala’s elite property investors with luxury showcase at Acacia Mall
Kampala, Uganda | THE INDEPENDENT | Uganda’s high-end real estate market, particularly in prime, highly urbanised neighbourhoods of the capital, is experiencing renewed momentum as affluent buyers and diaspora investors increasingly turn to property as a strategic asset class. Against this backdrop, VAAL Real Estate is positioning its luxury developments …
Read More »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 …
Read More »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 …
Read More »Uganda international Fashion Week returns to empower youth and women in the creative economy
Kampala, Uganda | THE INDEPENDENT | After a six-year hiatus, Uganda International Fashion Week (UIFW) is set to make a grand return this June 22–27 at the prestigious Kampala Serena Hotel, reaffirming its role as one of Africa’s leading fashion platforms and highlighting fashion as a driver of business and cultural influence. The …
Read More »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 …
Read More »Water catchment areas degrade in Ntoroko, experts warn of looming crisis
Ntoroko, Uganda | URN | Environmental experts and local leaders in Ntoroko District have intensified calls for communities to protect water catchment areas amid growing concerns over declining water quality and shrinking water levels in rivers and streams. The appeal was made during a community sensitisation meeting held at Karugutu …
Read More »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, …
Read More »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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The Independent Uganda: You get the Truth we Pay the Price