Thursday , April 2 2026

UDB appoints Peter Mukuru as Director, Business Technology

Kampala, Uganda | THE INDEPENDENT | Peter Mukuru has joined Uganda Development Bank (UDB), Uganda’s national Development Finance Institution (DFI), as Director, Business Technology. Peter is a seasoned Business Technology practitioner and digital transformation leader with over 20 years of executive experience spanning Development Finance, Regulation, Government, Utilities, and the …

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U.S., Israel strike Iran, trigger retaliations

CAIRO, EGYPT | Xinhua | The United States and Israel on Saturday launched “major combat operations” against Iran, plunging the war-torn Middle East into a new round of violent conflicts. Iran has retaliated with a series of counterattacks against Israel and U.S. targets across the region, with explosions reported in …

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Middle East airspace closures disrupt hundreds of flights

In East Africa, Kenya Airways said it had suspended flights to and from the United Arab Emirates due to the restrictions. Nairobi, Uganda | THE INDEPENDENT | Following the resumption of war in the Middle East, with the US and Israel pitching against regime in Tehran, airlines have started to advise …

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Four years on, is peace any closer in the Ukraine crisis?

BEIJING, CHINA | Xinhua | As the Ukraine crisis marked its fourth anniversary on Tuesday, the conflict remains entrenched in a stalemate, with mounting human and economic costs and little immediate hope for a negotiated peace. While both Kiev and Moscow reaffirm their willingness to engage in dialogue, the reality …

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The 2026 ranking of Uganda’s largest private fortunes

Uganda’s Billionaire Axis: Mapping Capital Concentration in a $65 Billion Economy BUSINESS ANALYSIS | THE INDEPENDENT | Uganda’s private capital class is expanding faster than its capital markets. In an economy where public equity remains shallow and disclosure is limited, wealth accumulation has largely occurred through privately held companies, commercial …

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