Dar es Salaam , Tanzania | THE INDEPENDENT | Uganda and Tanzania have agreed to scrap all outstanding trade barriers in a high-stakes effort to repair a lopsided economic relationship defined by a staggering sh9 trillion ($2.4 billion) imbalance. The mandate was issued Friday at the conclusion of the fifth …
Read More »MTN Uganda profit jumps to Shs 678.8bn as data, fintech drive growth
Kampala, Uganda | THE INDEPENDENT | As Uganda’s digital economy gathers pace, MTN Uganda says demand for connectivity and digital financial services continued to drive growth in 2025, underlining the expanding role telecommunications companies now play in the country’s economic life. For the year ended December 31, the telecoms operator reported …
Read More »Kasaija inaugurates new URBRA board, tasks members on sound governance
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has today inaugurated a new Board of Directors of the Uganda Retirement Benefits Regulatory Authority (URBRA), urging them to adhere to principles of sound governance and to work closely with management to promote …
Read More »ZUUKUKA: Union promises 1 million new members to boost NSSF’s SmartLife campaign
Kampala, Uganda | THE INDEPENDENT | State Minister of Finance for Investment and Privatization Evelyn Anite Kajik has hailed the Union — leaders of boda boda, taxis, buses and trucks in Uganda — for their efforts to take their members out of poverty by teaching them how to save money …
Read More »FMO extends $20 million facility to I&M Bank Uganda to boost SME financing
Kampala, Uganda | THE INDEPENDENT | The Entrepreneurial Development Bank FMO has extended a $20 million senior unsecured facility to I&M Bank Uganda Limited to expand financing for small and medium-sized enterprises (SMEs), in a move aimed at strengthening business growth and financial inclusion in Uganda. The financing arrangement includes an initial $10 million senior debt commitment, …
Read More »Methane Challenge In Uganda: Can oil development and climate responsibility coexist?
Kampala, Uganda | THE INDEPENDENT | As the country edges closer to first oil, a quiet battle over methane emissions is emerging, raising questions about regulation, accountability, and whether Uganda can balance development with climate responsibility. In a conference room at a forum hosted by Natural Resources Governance Institute (NRGI) …
Read More »Local Government Ministry orders nationwide crackdown on illegal street business
Kampala, Uganda | THE INDEPENDENT | The Permanent Secretary of the Ministry of Local Government, Ben Kumamanya, has directed local authorities nationwide to enforce licensing laws and remove illegal trading from public spaces, as urban centres continue to face rising unregulated commerce. In a circular dated March 10, 2026, addressed …
Read More »Government to boost uptake of Spiro e-motorcycles
Kampala, Uganda | JULIUS BUSINGE | The Uganda government has signalled plans to accelerate the adoption of electric motorcycles across public institutions following a high-level visit to the Spiro electric mobility production facility in Namanve Industrial Park. The inspection, led by Robinah Nabbanja early this week, the Prime Minister of …
Read More »Supporting women in the marketplace must go beyond the month of March
COMMENT | THE INDEPENDENT | Women’s empowerment should not be treated as a seasonal conversation but as a long-term commitment woven into how businesses, institutions, and communities operate. That is the message Phos Creatives is advancing as conversations around women in business and digital spaces continue to gain momentum. In …
Read More »New global accounting standard unveiled for NGOs amid shrinking donor funding
Kampala, Uganda | JULIUS BUSINGE | A new global accounting framework for non-profit organisations was unveiled today (March 11) in Kampala, with regulators and financial experts describing it as a major step toward strengthening transparency and accountability in Uganda’s NGO sector at a time when development funding is tightening worldwide. …
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The Independent Uganda: You get the Truth we Pay the Price