The project is funded by the World Bank at a cost of US$100million Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s Northern and West Nile regions have had unreliable electricity supplies limiting industrialization and energy-dependent economic activities for decades but this will soon come to an end once the construction work …
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Global reinsurance firms have publicly declared that they would not provide insurance cover for the East African Crude Oil Pipeline. But Uganda Re has assured the country that it is ready to provide the much-needed services for the project. The company’s CEO Ronald Musoke shares the growth in business and …
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The insurer recorded Shs 1.36billion in gross written premiums in 2020, representing a 35.9 percent drop compared to the previous year | THE INDEPENDENT | NIC Life Assurance, a subsidiary of NIC Holdings could face substantial losses in premiums following the decision by the regulator to suspend its operations. The …
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The growth is attributed to increased awareness about the benefits of investing through CIS vehicles among local investors | THE INDEPENDENT | The level of savings and investment in Uganda’s capital market has grown significantly, notwithstanding the reduction of disposable incomes as a result of the prevailing inflationary pressures, the …
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The quarterly payments will encourage savings among users, executives say | THE INDEPENDENT | Uganda’s biggest telecoms – MTN and Airtel – have paid a combined interest to customers with outstanding balances of Shs1 and above for the second quarter of this year Shs 9.1bn. MTN Uganda paid Shs5.7billion to …
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What keeps Ugandans unprepared for the next disaster? Kampala, Uganda | RONALD MUSOKE | The eastern mountainous sub-region of Bugisu-Sebei is used to receiving more rainfall than most parts of Uganda. And the people there are used to seeing their homes, roads and gardens ruined as the rains batter the …
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Political pressure keeps President away from annual gathering since 2017 Kampala, Uganda | IAN KATUSIIME | On the week beginning Sept. 19, world leaders will descend on the United Nations headquarters in New York, U.S. for the 77th General Assembly. But President Yoweri Museveni will not be part of them. …
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The question of professionalism when the two parties meet in the field Kampala, Uganda | JULIUS BUSINGE | November 2022 is a month that Henry Sekanjako and Timothy Murungi, all journalists with New Vision are waiting for to receive justice for their case reported to court in February last year. The …
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How the president’s approach of allocating favours to individual firms has undermined the development of a robust private sector THE LAST WORD | ANDREW M. MWENDA | On August 15th, President Yoweri Museveni wrote the prime minister an instruction titled “Support of Local Companies in the Construction Sector”. He said …
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Don’t dismiss it. Disprove it Kampala, Uganda | JOSEPH WERE | Days after the European Union passed a resolution condemning ongoing investment in fossil fuels in Uganda, the basis for the censure remains unclear. The Lake Albert Development Project consists of several partners, with the French multinational oil company TotalEnergies (Total) …
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The Independent Uganda: You get the Truth we Pay the Price
