Capital Markets Authority indicates that professionally managed assets top UGX 7 trillion Kampala, Uganda | NEWS CORRESPONDENT | KURA Asset Management has entered Uganda’s investment management market, targeting a growing pool of individuals, families and institutions looking beyond traditional savings towards professionally managed investments and long-term wealth creation. …
Read More »IGAD REPORT: Uganda emerges as a major migration destination, transit hub
Kampala, Uganda | URN | Uganda is emerging as an increasingly important destination and transit country for migrants in the Intergovernmental Authority on Development (IGAD) region, with more than 1.2 million people arriving in the country and 1.3 million departing in 2022, according to a regional migration report. The …
Read More »Fred Kabanda finally confirmed new Petroleum Authority Executive Director
Kabanda returns to Uganda from the African Development Bank, where he currently heads the Extractives Division and provides strategic leadership and policy advice on oil, gas and mining development across Africa Kampala, Uganda | URN | The Petroleum Authority of Uganda (PAU) has appointed veteran petroleum sector expert …
Read More »Uganda takes ‘Pearl Sweet’ crude to Global Market at APPEC 2026
Kampala, Uganda | URN | Uganda has formally introduced its crude oil, branded Pearl Sweet, to the global petroleum market at the Asia Pacific Petroleum Conference (APPEC) 2026 in Singapore, as the country moves closer to first oil production. The unveiling on Tuesday followed President Yoweri Kaguta Museveni’s naming of Uganda’s …
Read More »Drought effect on regional milk industry as Kenya turns to Uganda
Kampala, Uganda | URN | Kenya is increasingly turning to Uganda for milk supplies as a prolonged dry season continues to depress domestic production and push the country into a supply deficit. Kenya’s Cabinet Secretary for Trade, Lee Kinyanjui, on Saturday confirmed that the country was importing milk from neighbouring Uganda …
Read More »East African farmers to access IFAD-Equity Group $200 million climate adaptation finance
Twelve-year blended finance mechanism to reach 260,000 smallholder producers and 500 rural enterprises across Kenya, Uganda, Tanzania and Rwanda, with Equity Group matching concessional capital from its own balance sheet. Kigali, Rwanda | NEWS CORRESPONDENT | Access to climate adaptation finance remains a significant challenge for smallholder farmers and …
Read More »Court dismisses Shs 1.4 billion Akright suit against Ecobank, Stanbic
Kampala, Uganda | URN | The High Court Commercial Division in Kampala has dismissed a 1.4 billion shillings lawsuit filed by Akright Projects Limited against Ecobank Uganda Limited, Stanbic Bank Uganda Limited and Shelter Afrique over a disputed payment allegedly made more than 15 years ago. Justice Patience Rubagumya on …
Read More »Has Uganda’s gold tax incentive run its course?
For policymakers, the clock is ticking on a choice between continuing an expensive experiment or rewriting the rules of Uganda’s mineral wealth Kampala, Uganda | RONALD MUSOKE | For years, Uganda’s decision to give gold special treatment in its tax regime has been defended as an investment incentive. The idea …
Read More »Uganda’s informal sector set to ride on success of the transport union
Union and the United Informal Sector Forum partner to build Uganda’s “invisible economy” as Fred Ssenoga named new product advisor Kampala, Uganda | THE INDEPENDENT | The Union Transport Alliance (UNION) and the United Informal Sector Forum (UISF) have formally launched a strategic partnership that will use its combined …
Read More »Little renews commitment to Uganda as mobility demand grows
Kampala, Uganda | URN | Technology-driven mobility platform Little has reaffirmed its long-term commitment to Uganda, pledging to expand access to convenient, reliable and affordable transport services for riders, businesses and driver-partners. The company said its focus is to make everyday movement easier as demand for urban and digital mobility services …
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The Independent Uganda: You get the Truth we Pay the Price