However, experts warn that protectionist tendencies risk undermining COMESA’s regional market Kampala, Uganda | JULIUS BUSINGE | Twelve years after its conception, Uganda’s Buy Uganda, Build Uganda (BUBU) policy has become both a symbol of the country’s industrial ambition and a test case for how far national preference can stretch …
Read More »Uganda nears oil era as Stanbic calls for inclusive growth
The $4 billion-plus pipeline, now about 79% complete, is designed to export crude from Uganda’s Lake Albert oilfields to Tanzania’s Indian Ocean port of Tanga Kampala, Uganda | JULIUS BUSINGE | Uganda is approaching a pivotal economic moment, according to Stanbic Bank Uganda Chief Executive Mumba Kalifungwa, who said the country must …
Read More »KCB Bank Uganda supports launch of Mkazipreneur Community Library
Library to Advance Women and Community Empowerment Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda Limited has reaffirmed its commitment to women empowerment and community development through its sponsorship of the Mkazipreneur Community Library, officially launched at the Mkazipreneur Hub Ntinda on Tuesday. The Community Library project, an initiative …
Read More »A quarter century of impact: CCBU’s journey of growing with Uganda
OPINION | EMMY HASHAKIMANA | On 3 April 2025, Coca-Cola Beverages Uganda (CCBU) celebrates 25 years of refreshing Uganda. This milestone is a moment of pride and gratitude as we reflect on our journey and how deeply it is woven into the fabric of the country we call home. When CCBU, …
Read More »Govt, stakeholders agree to restrict sugarcane weighbridges after theft complaints
Kampala, Uganda | THE INDEPENDENT | Government and sugar industry stakeholders have agreed on new rules to regulate sugarcane weighbridges, limiting them strictly to weighing functions and banning all trading activities, following complaints that the facilities were enabling cane theft. The resolutions were reached at a stakeholders’ meeting held Tuesday …
Read More »Macro Good, Micro Bad: Uganda’s economic crossroads in 2026
Kampala, Uganda | THE INDEPENDENT | When Jibran Fauz Qureish, the Head of Africa Economic Research for Standard Bank Group, stepped up to the podium at the 5th Stanbic Economic Forum in Kampala, he did something unusual. Instead of opening with data tables or forecasts, he offered a question that …
Read More »Uganda’s public debt rises on oil-sector spending
KAMPALA, UGANDA | Xinhua | Uganda’s public debt has risen sharply, largely driven by preparations for the country’s first oil production, the Ministry of Finance, Planning and Economic Development said in a report released Friday. The Debt Sustainability Analysis Report for the 2024/25 financial year shows that total public debt …
Read More »A decade of Earnest Rubondo’s leadership at PAU
Kampala, Uganda | THE INDEPENDENT | After ten years at the helm of the Petroleum Authority of Uganda (PAU), Ernest Rubondo is stepping down, leaving behind a legacy that has significantly shaped Uganda’s oil and gas sector, even before the first barrel of oil is produced. He will officially leave office …
Read More »Watu Shule reaches 10,000 enrollments, expands rider training to northern Uganda
Gulu, Uganda | THE INDEPENDENT | Watu has announced that Watu Shule, its motorcycle rider training and licensing programme, has surpassed 10,000 enrolments and has officially expanded operations to Northern Uganda with the launch of a new training centre in Gulu City. Watu Shule, a motorcycle riding school operated by …
Read More »Tongaat Hulett rescue collapses as Vision deal lapses and liquidation beckons
Kampala, Uganda | THE INDEPENDENT | African sugar giant once courted by Tanzania’s Kagera Sugar and heralded as a possible triumph of a continental sugar business spanning East and South Africa is heading for liquidation. Kagera Sugar was eliminated early in the process to reconfigure Tongaat’s business which also included Zimbabwe’s …
Read More »
The Independent Uganda: You get the Truth we Pay the Price