Kampala, Uganda | URN | The Insurance Regulatory Authority (IRA) has instructed general insurers to implement mandatory awareness and sensitization campaigns on workers’ compensation insurance. This directive aims to address widespread non-compliance and ongoing gaps in claims management. It also seeks to close the persistent knowledge gaps around requirements and …
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Kampala, Uganda | URN | Motorists across the country have raised transport fares for both short and long distances in towns and major cities amid growing concern over rising fuel prices. Fuel costs have steadily climbed in recent weeks following disruptions linked to ongoing conflict between US and Iran, which …
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Kampala, Uganda | NEWS CORRESPONDENT | Ambassador Col. (Rtd.) Fred Mwesigye, Uganda’s High Commissioner to Tanzania, has called for the urgent alignment of policies between East African nations to solidify the regional energy corridor and ensure First Oil serves as a catalyst for industrialization. Speaking Wednesday during the 11th Oil …
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Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has published its latest register of licensed accounting firms and practitioners for 2026, while warning the public against using unqualified service providers. The updated register shows 275 approved accounting firms, representing a 4% increase compared …
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Kampala, Uganda | JULIUS BUSINGE | ABC Capital Bank Limited has reported a sharp recovery in profitability, posting a 285% increase in net profit (profit after tax) to Shs 520 million in 2025, up from Shs 135 million in 2024, marking a strong turnaround driven by digital investment, governance reforms, …
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Kampala, Uganda | NEWS CORRESPONDENT | The Deputy Speaker of Parliament, Thomas Tayebwa is confident that oil production will no doubt unlock Uganda’s full economic potential. He said the petroleum sector is a strategic catalyst for the country’s tenfold growth ambition from a $50 billion economy to $500 billion by 2040 …
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Kampala, Uganda | NEWS CORRESPONDENT | Absa Bank Uganda has announced a partnership with the Uganda Energy Credit Capitalisation Company (UECCC), securing a Sh11.085 billion concessional line of credit to expand access to affordable clean energy financing and accelerate the adoption of renewable energy solutions in Uganda. The financing agreement, structured …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s financial sector is positioning itself for a structural shift toward sustainability-driven finance, with aBi Finance and its partners launching two initiatives that could reshape how banks and microfinance institutions measure risk, attract capital, and compete in a tightening global regulatory environment. Unveiled at Four Points …
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Kampala, Uganda | URN | The Ministry of Energy has launched the National Petroleum Policy 2025, aimed at regulating the oil and gas sector as the country prepares for oil production. Speaking at the 11th Oil and Gas Convention in Kampala on Tuesday, Minister of Energy and Mineral Development, Dr. Ruth Nankabirwa, said …
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Kabale, Uganda | THE INDEPENDENT | MTN Uganda, through its MTN Foundation, in partnership with the Ministry of ICT and National Guidance and Centenary Technology Services, has officially handed over a regional innovation hub to Kabale University, as part of efforts to expand digital skills and entrepreneurship among young Ugandans. …
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The Independent Uganda: You get the Truth we Pay the Price
