Business

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) Ag. Managing Director Patrick Ayota has clarified that the purported purchase of Nakigalala land has not yet taken place, and UGX 400b was budgeted for 2 pieces of land – one at Nakigalala and another at Nakawa following …

Kampala, Uganda | THE INDEPENDENT | Google is searching for ways to reassure people that it is still out in front in the race for the best artificial intelligence technology. And so far, the internet giant seems to be coming up with the wrong answer. An advert designed to show off …

New report sheds light on illicit activity in Uganda Kampala, Uganda | RONALD MUSOKE | A new report analysing the scope and characteristics of global trade-based money laundering has found that the illegal activity poses complex problems for law enforcement and undermines development; especially in poorer countries like Uganda. The study, …

The continent will be responsible for over 11% of all gas supplies by 2050, study finds. Johannesburg, South Africa | BIRD AGENCY | Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority reports a surplus collection for the month of January 2023, giving hope of meeting the year’s target of 25 trillion Shillings. The 14-billion-shilling surplus has reduced the shortfall that was registered for the first half of the financial year 2022/2023 from 94.6 …

A booming startup ecosystem, industrial parks and port development are lifting Egypt’s investment attractiveness and global development rankings Cairo, Egypt | BIRD AGENCY |  Egypt has edged out Turkey from the list of the world’s top ten largest domestic logistics markets, a new Index shows. A vibrant and fast-growing start-up …

Addis Ababa, Ethiopia | Xinhua | Ethiopian Airlines, Ethiopia’s national flag carrier, announced that it has added the southern Chinese cities of Xiamen and Shenzhen to its cargo destinations. In a press statement issued late Friday, the airline said it has already started two weekly freighter flights connecting Xiamen with the Brazilian …

SPECIAL FEATURE | THE INDEPENDENT |  Why visit Uganda 2023/2024? Uganda is distinct – described by Winston Churchill as “The Pearl of Africa”, and indeed it is! Boasting of its remarkable beauty, abundant wildlife, birdlife, and spectacular landscapes characterized by the tallest mountain ranges with snowcap, the Source of the …

Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda has launched its Edusave loan contribution campaign as it seeks to ease the school fees burden faced by many parents across the country during the ongoing back-to-school season. Unveiled on Feb.09, the campaign’s goal is to provide parents and families with affordable, flexible, …

SPECIAL FEATURE | THE INDEPENDENT |  For many years, the Ugandan government has been grappling with rising cases of theft of medicines in public health facilities. To address this challenge, National Medical Stores (NMS), a government agency which delivers medicines and supplies up to the health facilities’ doorsteps across the country, …