Business

Kampala, Uganda | THE INDEPENDENT | Over $160 million was invested in twelve companies in the E-Mobility Ecosystem for the period 2018-2024 in the areas of research & development, manufacturing, and charging infrastructure, according to the Uganda E-Mobility Outlook Report 2024. The report by the Minister of Science, Technology, and …

  Elegu, Uganda | THE INDEPENDENT | Health authorities in Amuru district are on high alert following an outbreak of cholera disease in the neighboring Nimule Township in South Sudan that has claimed the lives of three people. , Cholera is an acute diarrheal infection caused by eating or drinking food …

Kampala, Uganda | THE INDEPENDENT | Global electronics powerhouse TCL officially unveiled its 2025 Flagship TV and Audio Line-Up in Uganda Saturday, a move celebrated by Minister of Investment Evelyn Anite as a definitive mark of Uganda’s emergence as East Africa’s premier investment destination. The event at the Kampala Serena …

Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several challenges and that things that must be done in the right way. The strategy …

Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …

Arua, Uganda | THE INDEPENDENT | Ugandans in West Nile have expressed concern over what they described as the ‘little impact’ of the budget on the region. The government has earmarked over sh74 trillion for the financial year 2025-2026, up from sh52 trillion , with priorities in security, infrastructure, science …

How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …

How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …

“I think the confusion about fines could be because we didn’t have money, and we told these people to make the number plates and recover the money from those who make mistakes, but the issue is that the number plates is digitized,” said Museveni. Kampala, Uganda | THE INDEPENDENT | …