Recent estimates by the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) suggest Africa has lost about $88.6 trillion through illicit financial flows COMMENT | JULIUS BUSINGE | As Uganda prepares for its 2026 elections, the country faces a challenge that extends beyond ballots and campaign slogans: its …
Read More »Safarilink’s Kisumu–Entebbe link redraws regional travel map
Entebbe, Uganda | THE INDEPENDENT | Safarilink’s decision to link Nairobi, Kisumu and Entebbe is beginning to reshape how travellers move across the Lake Victoria region, a corridor that for years lacked direct air connectivity despite its economic and cultural ties. Two weeks ago, the airline rolled out the …
Read More »Government mandate stabilizes Uganda’s sugarcane sector with price floor
Kampala, Uganda | THE INDEPENDENT | In a decisive move to stabilize a key agricultural industry, the Ugandan government has brokered a binding agreement setting a minimum price of Shs125,000 per ton of sugarcane for the Busoga region. The intervention, finalized in a high-stakes Kampala meeting on Dec. 19, directly …
Read More »Kayoola E-Coach hits 81% of Pearl-to-Cape Electric Route
The expedition is expected to complete its 13,000-kilometre journey in the coming weeks Mpika, Zambia | THE INDEPENDENT | Uganda’s ambitious Pearl-to-Cape electric expedition reached a major milestone after the locally manufactured Kayoola E-Coach traversed 11,277 kilometres of its planned 13,000-kilometre round trip, delivering early evidence on cost efficiency, emissions …
Read More »CAIA-UGANDA: Think before you drink this festive season
Coalition Against Illicit Alcohol Uganda Chapter Cautions Ugandans Against Illicit Alcohol Consumption During the Festive Season Kampala, Uganda | THE INDEPENDENT | The Coalition Against Illicit Alcohol Uganda Chapter (CAIA–Uganda) has launched a nationwide campaign aimed at encouraging Ugandans to pause and think before they drink during this festive season, when …
Read More »West Africa’s push for cheaper flights
Air travel across West Africa is set to become dramatically cheaper as ECOWAS eliminates a host of taxes and charges that currently make up nearly half the cost of a typical airline ticket. SPECIAL REPORT | BIRD AGENCY | West Africa is bracing for a jump in air travel demand as …
Read More »‘Anywhere in seconds’: instant payments in Africa hit nearly $2 trillion
Once a premium service, instant payments, now worth nearly $2 trillion USD according to a new report, are a financial lifeline for everyday use throughout Africa. The surge is powered by lower transaction costs and rising smartphone use that enables even low-income users to transact in real time. SPECIAL REPORT …
Read More »Housing Finance Bank and Kooki Kingdom join forces
Rakai, Uganda | THE INDEPENDENT | In a move set to transform local economies and environmental stewardship in Rakai District, Housing Finance Bank has partnered with Kooki Kingdom, a constitutional cultural institution, to advance financial inclusion and sustainable development. The partnership was formalized through a Memorandum of Understanding signed on …
Read More »IMBRISK to enable cross-border I&M Bank transactions across East Africa
Kampala, Uganda | THE INDEPENDENT | I&M Bank has introduced IMBRISK, a new transactional banking solution that allows customers to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania and Rwanda, regardless of where their accounts are domiciled. The platform enables both new and existing customers …
Read More »Kabonero hosts the year-end Johnnie Walker Blue Club for business leaders
Kampala, Uganda | THE INDEPENDENT | Uganda’s business and leadership elite gathered on Sunday afternoon for the final Johnnie Walker Blue Club experience of 2025, hosted by businessman and philanthropist Bob Kabonero at his private residence in Kololo. The invitation-only event brought together senior executives, industry leaders, diplomats and influential …
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