BERLIN | Xinhua | About 13 percent of German retirees aged 65 to 74 remained employed last year, according to preliminary figures released Tuesday by the Federal Statistical Office (Destatis). Destatis said the data show employment falls sharply with age among retirees, with 18 percent of 65- and 66-year-olds still …
Read More »From refugee camp to boardroom: Ugandan girls rewriting their future
How Absa Bank Uganda and Plan International are shaping a generation of confident, educated, and empowered young women Kampala, Uganda | PATRICIA AKANKWATSA | When 17-year-old Lucia Stephen steps into Absa Bank Uganda’s boardroom, she pauses, taking in the tall windows, the polished tables, and the hum of quiet authority in the …
Read More »A TikTok deal China will love
COMMENT | Angela Huyue Zhang | After four extensions of the statutory deadline to ban TikTok or force its Chinese owners to divest, US President Donald Trump has now signed an executive order transferring the app to US ownership. The announcement follows years of diplomatic sparring, bureaucratic maneuvering, repeated efforts by federal …
Read More »American work visa to cost Shs350m
Trump’s new policy potentially reshapes global migration patterns for skilled workers NEWS ANALYSIS | THE INDEPENDENT & AGENCIES | Ugandans wishing to travel to the U.S. for work must now contend with new heightened fees announced on Sept.19 the President Donald Trump. While signing the executive order that imposed …
Read More »Stanbic Bank marketing head Daniel Ogong exits role after 8 years
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has announced that Daniel Ogong, the long-serving Head of Brand and Marketing, will be leaving the role effective October 1, 2025, after eight years of distinguished service. Widely regarded as one of Uganda’s most influential marketing leaders, Ogong has played a central …
Read More »Climate risks cloud Uganda’s high-income status ambitions
World Bank report says climate shocks could cut GDP growth by up to 3.1% unless urgent adaptation measures are taken COVER STORY | RONALD MUSOKE | Uganda has set its economic development ambitions quite high. The country’s Vision 2040 blueprint lays out a bold goal: becoming an upper middle-income country …
Read More »German auto industry cuts over 51,000 jobs over U.S. tariff, weak demand
BERLIN, German | Xinhua | Germany’s auto industry have cut more than 51,000 jobs over the past year as weak demand, U.S. tariffs and the costly shift to electric vehicles weighed heavily on the sector, according to a report by consultancy EY. Employment in the auto sector fell by nearly …
Read More »Training is not enough if young people cannot transition to work
COMMENT | ADRIAN BUKENYA | Each year, Uganda produces over 700,000 graduates, yet only about 238,000 are absorbed into formal employment. According to the Uganda Bureau of Statistics, the graduate unemployment rate stands at 15.2 percent, the overall unemployment rate at 12.3 percent, and 50.9 percent of young people aged …
Read More »Canada-FINCA partnership to benefit over 40000 youth in Uganda, Tanzania
Kampala, Uganda | THE INDEPENDENT | More than 40,000 young people in Uganda and Tanzania—particularly marginalized young women—are set to benefit from a new initiative aimed at increasing economic opportunities through vocational training, financial literacy, business placements, and mentorship. The five-year, 5 million Canadian dollar partnership between the Government of …
Read More »New project to boost trade between Uganda and the EU
Kampala, Uganda | THE INDEPENDENT | Implementation on a new four-year project to promote sustainable economic growth, boost trade and investment, and create green and decent jobs in Uganda has taken off. The European Union (EU) funded Sustainable Business for Uganda (SB4U) 2.0 – Trade and Investment Development project is …
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