Mergers and acquisitions in 2025 reflected a shift toward consolidation, regional scale and restructuring as firms responded to tighter regulation and rising capital demands. From cross-border bank takeovers and insurance mergers to fintech spin-offs, companies moved to strengthen balance sheets and position for long-term growth. The Independent highlights the key …
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On Dec. 19, Richard Yego, Managing Director of MTN Mobile Money Uganda Ltd., spoke to business reporters about the company’s performance in 2025 and its outlook for 2026. During the discussion, Yego provided insights into MTN Mobile Money’s growth, innovations, and ongoing efforts to expand financial inclusion across Uganda. The …
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MOSCOW, RUSSIA | TASS | Uganda invites Russia to participate in joint ventures and coffee processing projects, head of the International Legal and Social Affairs Department at the Ministry of Foreign Affairs of Uganda John Leonard Mugerwa told TASS. “Uganda is Africa’s largest coffee producer. Globally, we rank seventh, producing …
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MOSCOW, RUSSIA | TASS | Uganda is interested in cooperation with Russia in the oil and gas sector, head of the International Legal and Social Affairs Department at the Ministry of Foreign Affairs of Uganda John Leonard Mugerwa told TASS. “Russia has extensive experience and expertise in the energy sector, …
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Uganda’s aviation sector eyes tripling passenger capacity, 300+ million liters of sustainable fuel potential, and 64 global air service pacts to propel economic ascent by 2030 Kampala, Uganda | JULIUS BUSINGE | Uganda’s aviation industry is charting an ambitious growth path, underpinned by major infrastructure upgrades, strategic international partnerships, and …
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In Uganda, EABL owns approximately 98.3% of Uganda Breweries Limited (UBL), alongside full ownership of International Distillers Uganda (IDU) and East African Maltings Uganda Limited Kampala, Uganda | THE INDEPENDENT | Diageo PLC, the world’s largest spirits group, has agreed to sell its 65% stake in East African Breweries to …
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Lira, Uganda | THE INDEPENDENT | MTN Mobile Money (U) Limited has officially handed over the newly refreshed Lira Main Market to Lira City leadership, completing a partnership aimed at modernizing the city’s key commercial hub. The handover, officials said, marks MTN MoMo’s commitment to empowering traders, promoting financial inclusion, …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
