Fewer complaints and stronger consumer protections signals growing trust in the industry going forward, players say Kampala, Uganda | JULIUS BUSINGE | The Insurance Appeals Tribunal (IAT) has revealed that its rulings over the past three years are already shaping reforms and practices in Uganda’s insurance industry, fostering greater transparency …
Read More »NSSF closes Vision 2025 with record growth
The Fund’s Assets Under Management grew by 17.5% to Shs 26 trillion by the close of the Financial Year 2024/25 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has reported a remarkable performance for the financial year 2024/25, marking the close of its 10-year strategic plan, …
Read More »Satellites and AI help farmers track dwindling dam levels
New tools aim to strengthen water security as climate risks mount in water-stressed African farming communities NEWS ANALYSIS | RONALD MUSOKE | When the rains fail in southern Africa, the survival of crops often depends on how much water remains in the dams. For decades, that simple question has been surprisingly …
Read More »Climate risks cloud Uganda’s high-income status ambitions
World Bank report says climate shocks could cut GDP growth by up to 3.1% unless urgent adaptation measures are taken COVER STORY | RONALD MUSOKE | Uganda has set its economic development ambitions quite high. The country’s Vision 2040 blueprint lays out a bold goal: becoming an upper middle-income country …
Read More »Kaspa’s Heard Voices
The artist plunges into making introspective work that invites his audience to stop, listen and reflect on the concept of human existence and how we connect with our immediate surroundings. ARTS | DOMINIC MUWANGUZI | Artists need to take a break from their routine of making art and reflect on …
Read More »Going bare knuckles
Art should exist beyond its visual aesthetics and critique the political-social excesses of the day for it to hold enduring impact to society ARTS | DOMINIC MUWANGUZI | What is art without critiquing the political-social excesses of the day? Perhaps, it is only good art that delights the eyes of …
Read More »Unlocking Africa’s economic potential through development finance
Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …
Read More »Afreximbank posts profit gain, liquidity boost as leadership change looms
The Cairo-based trade finance institution announced on Sept.2 that its net income for the six months to June 30 rose to $412.7 million Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank Group (Afreximbank) has reported a rise in first-half net income, supported by stronger income and higher liquidity buffers, …
Read More »Accountants urged to reinvent profession amid sustainability, insurance push
Entebbe, Uganda | Julius Businge | “Growth and comfort do not coexist,” declared Peter Kimbowa, delivering a wake-up call to nearly 2,000 accountants gathered in Entebbe for the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda (ICPAU) on day one – Sept.3. Kimbowa warned that Uganda’s accounting …
Read More »Insurers’ H1 premiums surge 9% to Shs 1trillion
Despite the upbeat numbers, structural weaknesses remain Kampala, Uganda | Julius Businge | Uganda’s insurance industry recorded a strong performance in the first half of 2025, with Gross Written Premiums (GWP) rising 9 per cent to Shs1.06 trillion compared with Shs933.76 billion in the same period a year earlier, according to …
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The Independent Uganda: You get the Truth we Pay the Price