Kampala, Uganda | THE INDEPENDENT | Equity Bank (U) Ltd has made a Shs20 million donation to the organizing committee of the Martyrs Day celebrations as Ugandans and the world prepares to celebrate June 3, 2019. The celebrations are to last for a week. Equity Bank’s Marketing and Communications Manager …
Read More »Foreign direct investments rebound
As players in oil and gas sector registers more activity Kampala, Uganda | PATRICIA AKANKWATSA | Foreign direct investment into Uganda rebounded in 2018 owed to positive growth in the economy and the prospective investments in the oil and gas sector. Latest data from the Bank of Uganda shows that …
Read More »Behind the sugar zoning politics
Why the new proposal is bad for the country’s sugar industry Kampala, Uganda | ISAAC KHISA | Ugandan sugar millers, cane farmers and the government have for sometime been at loggerheads over a proposal to introduce zoning in the sugar cane growing areas. The proposed Sugar Bill, 2016, seeks to …
Read More »Sikander Lalani and the love for steel
Roofings Group to mark 25 years in September Kampala, Uganda | JULIUS BUSINGE | Sikander Lanani, the man behind the Roofings Group is expected to make a historic speech in Kampala in September this year as the company he founded and owns celebrates the 25th anniversary. Born in Kampala in …
Read More »SGR funder doesn’t want to look at us-Finance Minister
Kampala, Uganda | THE INDEPENDENT | Ugandan traders expecting to use the Standard Gauge Railway to transport their merchandise from Mombasa to Kampala should forget it for now as the funder doesn’t want to commit money before he is sure that the Kenyan line will reach Malaba border. Uganda had hoped …
Read More »SOUTH SUDAN: Parliament approves Sh947 billion payment to 82 Ugandan companies
Kampala, Uganda | THE INDEPENDENT | Parliament has approved the payment of 947 billion shillings to 82 Ugandan companies that supplied goods and services in South Sudan. The traders supplied goods and services to the South Sudan government between 2008 and 2010 but were not paid due to the outbreak of …
Read More »ICT empowers local population
Catholic Relief Services has worked in Uganda since 1965 in agriculture, microfinance and agriculture sectors, among others. Country Representative, Niek de Goeij, spoke to The Independent’s Isaac Khisa about their efforts to promote ICT for development. First, recently you held a three-day international conference on ICT4D in Kampala. How significance …
Read More »Medical, agric boost insurance premiums
Insurers record a 17.5% growth in gross underwritten premiums to Shs856bn in 2018 Kampala, Uganda | ISAAC KHISA | A surge in uptake of medical and agriculture insurance services coupled with increased distribution network helped Uganda’s insurance industry to record a 17.5% growth in gross underwritten premiums to Shs856bn in …
Read More »Cabinet approves Uganda airlines board of directors
Kampala, Uganda | THE INDEPENDENT | Cabinet has approved the board of directors for Uganda National Airlines Company Limited. The board of seven directors will be chaired by Ahabwe Godfrey Pereza. Ahabwe is a former MP for Rubanda East constituency and Minister of State for Local Government. Transport economist, Benon …
Read More »Zimbabwe hikes fuel prices again as crisis deepens
Harare, Zimbabwe | AFP | Zimbabwe on Tuesday announced a fresh increase in fuel prices, months after a price hike triggered nationwide protests and a brutal security crackdown as the country’s economy woes deepen further. Upping prices by about 46 percent, the Zimbabwe Energy Regulatory Authority (ZERA) said …
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