Kampala, Uganda | THE INDEPENDENT | Electrify Africa, a leading innovator in electric mobility solutions, officially launched in Kampala today, as they started what experts see as a revolutionary step toward transforming Uganda’s electric mobility landscape. “From empowering individuals to own EV chargers to creating a seamless ecosystem for electric vehicles, …
Read More »KIKUUBE RESIDENTS: Stop EACOP project now
Hoima, Uganda | THE INDEPENDENT | Project-affected Persons (PAPs) under the East African Crude Oil Pipeline Project (EACOP) in Kikuube protested on Monday, demanding the immediate halt of the entire project. The 1,443km crude oil export pipeline will transport Uganda’s crude oil from Hoima in Uganda to the Chongoleani peninsula …
Read More »CEO of Dubai Chambers underscores Uganda’s position as one of Africa’s fastest-growing economies
Uganda and Dubai Chambers of Commerce build stronger economic ties at the “Doing business with Uganda” forum Kampala, Uganda | THE INDEPENDENT | The “Doing Business with Uganda” forum, held as part of a Uganda-Tanzania Roadshow at the Sheraton Hotel in Kampala, showcased significant opportunities for enhancing trade, investment, and …
Read More »Plans finalized for 20,000-seater Akii-Bua Olympic Stadium
⬜ AKII BUA STADIUM ✅ A 20,000-seat main stadium with an athletics track ✅ Two training fields with changing rooms ✅ A 2,000-seat indoor multi-sport arena ✅ A 25-meter semi-Olympic swimming pool ✅ Outdoor courts for basketball, netball, volleyball, and badminton ✅ Parking facilities for 1,000 vehicles Lira, Uganda | …
Read More »Mount Elgon access cut off after key bridge collapses
Mbale, Uganda | THE INDEPENDENT | Access to Mount Elgon National Park via the Mbale-Bubyangu route is now impossible after the collapse of Malenda Bridge on Sunday. The bridge, located in Bubyangu Sub County, was washed away following heavy rainfall that has affected the region over the past two weeks. …
Read More »Equity Group’s James Mwangi joins World Bank advisory council
Washington, DC USA | THE INDEPENDENT | Dr. James Mwangi, the Managing Director and CEO of Equity Group Holdings is among fourteen global leaders that have joined the World Bank Group High-Level Advisory Council on Jobs. This recognizes his dedication and contributions to society that extend beyond the banking sector. “I’m …
Read More »Postbank Uganda reassures country after counterfeit cash incident
Mbale, Uganda | THE INDEPENDENT | After PostBank (PBU) confirmed that the bank’s internal control mechanism had discovered counterfeit notes worth sh500million in Mbale branch, Uganda Police has arrested implicated staff, and where there were lapses in oversight of the branch operations, the bank has suspended the responsible staff pending …
Read More »Discrepancies in gold figures baffle Uganda’s EITI secretariat
Kampala, Uganda | THE INDEPENDENT | The Uganda Extractive‘s Industries Transparency Initiative Secretariat (UGEITI Secretariat) has again raised a red flag about the discrepancies in the country’s gold import and exports. UGEITI Secretariat hosted by the Ministry of Finance on Thursday release its report for Fiscal Year 2021/2022. Like in …
Read More »Finance State Minister confirms heist at Governor-less BOU
Kampala, Uganda | THE INDEPENDENT | The State Minister of Finance, Henry Musasizi, has spoken out on the money heist at the Bank of Uganda (BOU) in which over 60 billion shillings was reportedly siphoned from the institution’s accounts in September this year and channeled to foreign accounts. …
Read More »Egyptian expatriates’ remittances rise 42 pct in first 9 months of 2024
CAIRO | Xinhua | Remittances from Egyptian expatriates increased by 42 percent in the first nine months of 2024, reaching 20.8 billion U.S. dollars compared to 14.6 billion dollars during the same period last year, the Central Bank of Egypt (CBE) said on Monday. In September alone, remittances …
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