The country emerges as Glovo’s greenest market, fusing rapid digital growth with sustainable mobility Kampala, Uganda | JULIUS BUSINGE | Glovo, the Spain-headquartered multi-category delivery platform, has marked its fifth anniversary in Uganda with the opening of a new office in Kampala, signalling a Shs 33 billion investment that is reshaping …
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Growth Driven by Lower Impairments and Pre-Provision Profit Growth Johannesburg, South Africa | THE INDEPENDENT | Absa Group delivered strong earnings growth for the first half of 2025, reflecting the successful execution of its strategic priorities. Headline earnings increased 17% as credit impairments declined and pre-provision profit grew. Revenue increased, …
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The return of electricity distribution to state hands has sparked a dispute with the private company that was ousted ANALYSIS | LIAM TAYLOR | Umeme, an electricity distribution company, announced on 2 June that it will take its quarrel with the Ugandan government to an arbitration court in London, after weeks …
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Busia, Uganda | THE INDEPENDENT | President Yoweri Museveni has launched the Wagagai Gold Mining Project in Busia, alongside Chinese investors, and proposed the creation of a mineral wealth fund to channel Uganda’s gold and oil revenues into lasting infrastructure. The fund, he said, will finance railways, roads, power plants, …
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Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has posted robust financial results for the first half of 2025, buoyed by surging demand for data and financial technology services as more Ugandans tap into the digital economy for communication, business, and daily transactions. For the six months ending June 30, 2025, …
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Kampala, Uganda | THE INDEPENDENT | Tax experts have voiced concerns about the government’s failure to significantly increase domestic revenue mobilisation levels amid dwindling external assistance sources. Uganda’s domestic revenues have remained at around 13 percent of the economy’s value for years despite government efforts to increase the ratio to …
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Kampala, Uganda | THE INDEPENDENT | On Aug.15, Talkio Mobile, one of Uganda’s telecom innovators unveiled its new flagship service centre at Ntinda Complex, about 7KM from Kampala city centre, marking a major leap in its mission to transform the country’s communications landscape. Strategically located in one of Kampala’s busiest …
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Kasangati, Uganda | THE INDEPENDENT | Police in Kasangati have launched a manhunt for unknown assailants who shot and killed a businessman along Nangabo Road in Kasangati Town Council, Wakiso District. Kampala Metropolitan Police Spokesperson Patrick Onyango has identified the deceased as Deo Bwanika, a 51-year-old wholesale shop owner who …
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Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has highlighted the importance of its mission to bring financial solutions and business support closer to Small and Medium Enterprises (SMEs) across the country by officially launching the 2025 Tupange Business ne Equity Nationwide Forum. The Tupange Business Ne Equity customer engagements, …
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Powering the telecom sector to drive socio-economic transformation isno longer a luxury — it’s a national imperative, experts say Kampala, Uganda | JULIUS BUSINGE | Uganda’s push toward a digitally enabled economy received renewed momentum at the Telecom Sector Power Forum 2025, held on Tuesday, August 5, in Kampala. Hosted under …
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The Independent Uganda: You get the Truth we Pay the Price
