NEWS ANALYSIS | URN | The government avoided taking on approximately 270 billion shillings in additional debt after the Auditor General’s assessment reduced the amount the Government borrowed to buy out electricity distributor Umeme Company Limited at the end of its 20-year concession. Parliament had authorised the Government to borrow …
Read More »Zambians have one hand on Uganda Golf Open trophy
It will be Dominic versus Musonda in Friday’s Johnnie Walker Uganda Golf Open pressure group Kampala, Uganda | UGU MEDIA | A forensic inquiry must be opened into how he got a bogey on the second hole on Thursday. It is the only bogey Dominic Musonda has …
Read More »Tanzania seeks fresh investors in growth bid
SPECIAL REPORT | Tanzania is courting investment in transport, logistics and technology as it seeks the next phase of growth. Lennox Yieke reports. At $90.14bn, Tanzania’s 2025 GDP is roughly 36% higher than the $66.07bn recorded in 2020 and nearly double the $47.41bn figure reported in 2015. The economy …
Read More »As First Oil nears, EACOP steps up environmental restoration
Hoima, Uganda | NEWS ANALYSIS | The 20-year-long wait for Ugandans to see first oil is almost over. With the East African Crude Oil Pipeline currently above 90% complete, officials are fully convinced that oil will flow before this year ends. While attention of the majority is understandably focused …
Read More »Who gets to call Uganda Middle Income?
COVER STORY | For a decade, President Yoweri Museveni has promised, and repeatedly proclaimed, Uganda’s arrival in the lower-middle-income club. The World Bank keeps saying not yet. Behind the numbers lies a deeper contest over growth, population, political legacy and who gets to define Uganda’s economic progress, reports Ronald …
Read More »UDB turns public capital into jobs and factories
The lender approved Shs518.4 billion in new financing for 120 projects across Uganda and disbursed Shs502.2 billion NEWS ANALYSIS | JULIUS BUSINGE | Uganda Development Bank (UDB) is expanding its role as a source of long-term capital for businesses, with increased lending helping companies create jobs, raise …
Read More »How viable is moving Uganda’s Capital City from Kampala?
NEWS ANALYSIS | URN | The idea of moving Uganda’s capital from Kampala to Nakasongola has returned to the national conversation, reviving a debate that has periodically surfaced in Ugandan politics and physical-planning circles. The latest discussion centres on whether government should gradually relocate political and administrative functions from Kampala …
Read More »The end of the Bush War era
Transition to Muhoozi’s UPDF generation nearly complete Kampala, Uganda | IAN KATUSIIME | Nineteen generals of the Uganda People’s Defence Forces (UPDF) retired from active service on August 20 in what is likely one of the army’s biggest senior-level retirements in recent years. It also marked the end …
Read More »Uganda declared free of latest polio outbreak
Uganda detected poliovirus in May 2024, prompting health authorities to strengthen surveillance and outbreak response activities Kampala, Uganda | THE INDEPENDENT | Uganda and four other African countries have been cleared of recent polio outbreaks after independent assessments found no evidence that the virus is still spreading. The …
Read More »The Architecture of Resilience: Inside the diverse enterprise of Sulaiman Bukenya
PROFILE | THE INDEPENDENT | To understand the modern Ugandan entrepreneurial spirit is to look past the bustling traffic of downtown Kampala and examine the structural shifts happening across the country’s core industries. At the center of this economic evolution is Sulaiman Bukenya, a 40-year-old business executive whose diversified conglomerate, Uganda …
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