The company continues to demonstrate resilience amidst a challenging operating environment, characterised by a high prevalence of illicit trade Kampala, Uganda | JULIUS BUSINGE | Cigarette seller, British American Tobacco has reported a reduction in net profit from Shs9.8bn for the year ended December 2022 to Shs8.9bn for the year ended …
Read More »
Study shows cash grants help people live longer and have better memory function ANALYSIS | AGENCIES | Nearly half of South Africa’s 60 million people receive social grants, ranging from child support to pensions. The grants are designed to provide financial assistance to people living in poverty. The largest components of …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda Wildlife Authority has raised the cost for gorilla trekking permits to USD 800 per person, up from presently USD 700 effective July 1, 2024. East African foreign residents will have to pay USD 700 per person, up from presently 600 US Dollars per person …
Read More »
A new generative AI tool could transform video production and amplify disinformation risks FEATURE | AGENCIES | OpenAI recently announced a new generative AI system named Sora, which produces short videos from text prompts. While Sora is not yet available to the public, the high quality of the sample outputs published …
Read More »
This will be the second independence of Africa, says CDC Africa Director General, Dr. Jean Kaseya ANALYSIS | AGENCIES | African leaders have reached agreement to create a robust future market for medical products for African manufacturers valued at US$50 billion. Spearheaded by the Africa Centres for Disease Control and Prevention …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) is set to hold the 14th Graduation ceremony on March 7, 2024, in Kampala. There are 250 graduands: 231 for the Certified Public Accountants (CPA) course, 4 for the Certified Tax Advisor (CTA), and 15 for …
Read More »
This development is anticipated to lead to a decline in cement prices, which have risen from Shs 28,000 in 2018 to currently exceed Shs 33,000, varying by manufacturer and application Kampala, Uganda | JULIUS BUSINGE | Uganda has granted a 21-year Large-Scale Mining License LML0344 to Sunbird Resources Limited to mine …
Read More »
Uganda listed among Africa countries dominating the list, according to the African Development Bank ANALYSIS | AGENCIES | Africa dominates list of the world’s 20 fastest-growing economies in 2024, according to a macroeconomic report the African Development Bank says in its latest macroeconomic report. The African Development Bank Group said in …
Read More »
Ethiopia and Uganda already developing strategies to meet the EU’s new requirements ANALYSIS | AGENCIES | Many African smallholder coffee farmers, who primarily sell their harvest to European markets, now find their main source of income in jeopardy. In 2023, the European Union (EU) established mandatory rules for companies dealing in …
Read More »
New project will save Uganda $2.5m of monthly energy costs Kampala, Uganda | IAN KATUSIIME | Power supply in northern Uganda could finally be stable and efficient after Uganda Electricity Transmission Company Limited (UETCL) commissioned a 132KV transmission project at the Agago sub-station in Pader District. Named the Gulu Agago power …
Read More »
The Independent Uganda: You get the Truth we Pay the Price