A total of US$2.2bn has gone to local firms, 17,000 jobs created & a skilled generation is ready for first oil Kampala, Uganda | JULIUS BUSINGE | As Uganda stands on the cusp of its ‘first oil’ in late 2026, the nation is witnessing a paradigm shift in its oil …
Read More »Museveni to set up chocolate factory in Bundibugyo
Bundibugyo, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has announced plans to establish a chocolate factory in Bundibugyo District, reaffirming his commitment to expanding value addition and creating jobs in Uganda’s cocoa-rich region. Addressing supporters during his campaign tour, the NRM Presidential Flagbearer said the venture will harness …
Read More »EXCELLENCE AWARDS: PRAU hailed for recognizing Uganda’s best innovators
PRAU honors Uganda’s top innovators at 9th Excellence Awards Kampala, Uganda | THE INDEPENDENT | The Public Relations Association of Uganda (PRAU) has been hailed for investing in recorgnising organizations and individuals who champion innovations and brilliance. Held under the theme “Recognizing Innovation and Impact in Public Relations,” the 9th PRAU …
Read More »Nova Microfinance partners with Simba Automotives to accelerate informal sector and affordable transport
Kampala, Uganda | THE INDEPENDENT | Nova Microfinance, a provider of inclusive financial services, has teamed up with Simba Automotives Limited, one of Uganda’s largest motorbike companies to increase access to both fuel-powered and electric motorcycles for individuals, companies , and business owners across their 65 distribution points in the …
Read More »I&M Bank Uganda appoints Rutabanzibwa Lwanga as head of risk, signals stronger governance push
Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda has appointed Rutabanzibwa Lwanga as its new Head of Risk, marking a strategic move to reinforce governance, controls, and enterprise-wide risk oversight at the growing lender. Lwanga, whose career in Uganda’s banking sector spans more than two decades, is expected to …
Read More »Uganda urged to accelerate blockchain reforms as Kenya sets regional benchmark
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s ambition to position itself as a regional hub for virtual assets took center stage at the Blockchain summit as top regulators, industry leaders and innovators convened at the summit held at the Four Points Hotel in Kampala. The day-long meeting delivered the …
Read More »Solar-powered Vivo Energy Mawanda Road station now open
Vivo Energy expands Shell network to 195 Sites with launch of modern Mawanda road station Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has marked a major milestone in its retail expansion with the commissioning of four new Shell service stations in 2025, bringing its nationwide network to over …
Read More »Emirates’ third Nairobi flight heats up East Africa’s skies
New service intensifies competition for Kenya Airways, Uganda Airlines and Air Tanzania as the Gulf carrier expands its regional dominance. Nairobi, Kenya | THE INDEPENDENT & AGENCIES | Building on Emirates’ 30th anniversary of operations in Kenya, the world’s largest international airline has announced a third daily flight to Nairobi, …
Read More »Pearl Bank given green light by Bank of Uganda
Bank of Uganda Grants Operating License to Pearl Bank Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its new name and identity. …
Read More »WHO to lose nearly 2,400 jobs by mid-2026
The cuts are brutal. But with a $1 billion funding gap in 2026, there remain uncertainties ahead Geneva, Switzerland | THE INDEPENDENT & AGENCIES | The World Health Organization will lose a significant number of its global staff by June 2026, after months of a painful reorganization process in response to significant donor …
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