Business

Kampala, Uganda | THE INDEPENDENT | Uganda’s Insurance Industry has been advised to focus on cheap and convenient means of payment for services to boost penetration. Dr Augustus Nuwagaba, the Deputy Governor of the Bank of Uganda, says all industries today are innovating in payments, primarily through digitisation, because the …

  Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority’s City Hall Court Senior Principal Grade One Magistrate Nicholas Aisu has allowed an application by musician Moses Ssali, popularly known as Bebe Cool, permitting police to examine comedian Alex Muhangi’s YouTube channels over allegations of copyright infringement. The court …

GULU, UGANDA | THE INDEPENDENT | Prof. George Openyjuru Ladaa, the Vice Chancellor of Gulu University, has advised students and employees to nurture a culture of lifelong learning if they are to remain relevant in the ever-changing job market. Speaking on Wednesday during the 2025 career expo organized by Gulu …

Road accidents cost Uganda US$1.2 billion annually, which is about 5% of its GDP ANALYSIS | CLAUDE RAISARO | Every day, 10 people die on the roads of Kampala, Uganda’s capital. Road accidents cost Uganda US$1.2 billion annually, which is about 5% of its GDP. The cost typically arises from healthcare spending. Families …

JINJA, UGANDA | THE INDEPENDENT | The government’s proposal to grant Bujagali Energy Ltd another seven-year tax exemption has raised condemnation from the public and civil society as an uncalled-for move. They say the act would be a violation of the recently instituted tax incentives framework that is aimed at ensuring …

    Fort Portal, Uganda | THE INDEPENDENT | A total of 51 youth have graduated from Uganda Breweries Limited (UBL)’s “Learning for Life Program” conducted in partnership with Tooro Kingdom, Enterprise Uganda, and EXP Uganda. The program equipped them with business and hospitality skills which officials say will increase their …

KAMPALA, GANDA | THE INDEPENDENT | The government has released 19.79 trillion Shillings for the fourth quarter (April to June) of the 2024/25 Financial Year. This allocation represents 25.64 percent of the 77.196 trillion Shillings revised national budget. According to Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury …

KAMPALA, UGANDA | THE INDEPENDENT | Ecobank Uganda has entered into a strategic partnership with Interswitch Uganda to enhance digital banking services and promote financial inclusion across the country. The collaboration between Ecobank Uganda, a subsidiary of Pan-African banking giant Ecobank Transnational Incorporated, and Interswitch Uganda, a leading financial technology …

ZAGREB | Xinhua |  If inflation is the fuel for recession, the tariffs imposed by U.S. President Donald Trump are the matches that will ignite it, Croatian economic analyst Petar Vuskovic said in an interview with the local N1 Television on Tuesday. “It is not a question of whether the …

COMMENT  | YUSUF MASABA | The second National Development Plan II, the government’s policy blueprint, an offshoot of the Vision 2040 to transform Uganda into a Middle Incomes class economy, now in its fourth series initially conceptualized establishment of four regional cities, namely, Gulu, Mbale, Mbarara and Arua. The blueprint also …