In both cases, improved connectivity failed to catalyse industrialization and instead encouraged land speculation as it opened up new spaces to real estate investment Kampala, Uganda | AGENCIES | The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has allocated a budget of Shillings 1.761 trillion for the procurement of various services and equipment in the upcoming financial year 2023/24. The money includes expenditures related to new real estate projects, consultancy works, insurance services, office furniture, …
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There is no path to a green, just, and prosperous shared future that does not have Africa at its core Kampala, Uganda | THE INDEPENDENT | Africa bears virtually no responsibility for the greenhouse-gas emissions driving the climate crisis. It is not responsible for the conflicts or supply-chain disruptions that have …
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Kampala, Uganda | THE INDEPENDENT | CityBlue Hotels, Africa’s fastest-growing local hotel chain, is pleased to announce the signing an agreement between Diar Hospitality and The Emin Pasha Hotel commencing June 2023, a prestigious and luxurious hotel located in the heart of Kampala. In a June 13 media release, executives said, …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda in partnership with Uganda Small Scale Industries Association donated equipment including a bread mixer, baking table, baking raw materials, computers, and internet connectivity for a year worth Ugx10 million to Mulungi Confectionary and Skilling Center in Mukono District. This donation is part of …
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Nairobi, Kenya | THE INDEPENDENT | Aavishkaar Capital (Aavishkaar), an Aavishkaar Group company and a global pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, in partnership with KfW, a German state-owned investment and development bank, has unveiled a second investment from the ESG First Fund in …
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Government to slap taxes on online services without a plan for device uptake Kampala, Uganda | JULIUS BUSINGE | Finance Minister, Matia Kasaija’s decision to impose a value-added tax on digital services without creating an enabling environment for the population to access internet-enabled devices such as smartphones reveals a disconnect between …
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Hoima, Uganda | THE INDEPENDENT | On June 17, Diamond Trust Bank opened a new branch in Hoima, along Main Street Hoima City in the mid-Western region of Uganda. The opening of the Hoima branch brings DTB Uganda’s branch network to 36. This comes in line with the bank’s …
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Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB)has committed to scaling up its interventions with the 2023/23 national budget allocation to the Bank. The allocation to the the country’s national development finance Institution was announced during the 2023/24 budget reading by the Minister of Finance, Planning and Economic Development, …
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Kampala, Uganda | THE INDEPENDENT | On June 15 SHONA and Biovision Foundation launched The Neycha Accelerator and Fund (Neycha) to identify and partner with growth-oriented Agroecological Enterprises (AEEs) in Uganda and Kenya, providing them with the capacity, capital, and connections they need to grow their impact and businesses. By supporting …
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The Independent Uganda: You get the Truth we Pay the Price