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Pearl Bank given green light by Bank of Uganda

Bank of Uganda Grants Operating License to Pearl Bank Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its new name and identity. …

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Uganda’s minerals sector still struggles to tell the full story

Fourth EITI report reveals companies still dodge key disclosures as beneficial ownership data remains thin and contract transparency has barely moved NEWS ANALYSIS | RONALD MUSOKE |  When Uganda’s fourth Extractive Industries Transparency Initiative (EITI) Report was released in Kampala on Nov.20, the message that threaded through Protea Hotel’s ground floor …

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UBL unveils exclusive 2025 ‘Horizons Unbound’ single malts

Kampala, Uganda | THE INDEPENDENT |  Uganda Breweries Limited (UBL) has introduced the Diageo 2025 Special Releases Scotch Whisky Collection Horizons Unbound marking a major moment for Uganda’s expanding premium-spirits market ahead of the festive season. The collection, which arrived in Kampala on November 20, features some of the rarest …

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Devki Group bets $500m on Uganda steel production

The investment underscores deepening economic co-operation between Kenya and Uganda as both countries pursue industrialisation strategies Tororo, Uganda | THE INDEPENDENT | Uganda’s President, Yoweri Museveni and his Kenyan counterpart, William Ruto, broke ground Sunday on a $500m steel manufacturing complex in Tororo, eastern Uganda, in one of East Africa’s …

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Museveni flags off first dried chili shipment to China

Kamuli, Uganda | Xinhua| Ugandan President Yoweri Museveni has flagged off the country’s first dried chili shipment to China, one year after the two countries signed a bilateral agreement allowing the agricultural product to access the Chinese market. Museveni flagged off the 11-tonne consignment on Thursday in the eastern district of …

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