The programme is valued at about Shs2.8bn grant from the French Embassy and Shs400bn co-financing from Stanbic Bank Uganda Kampala, Uganda | JULIUS BUSINGE | France is expanding support for Uganda’s women and youth-led green businesses, moving beyond project funding towards a longer-term pipeline intended to connect …
Read More »CPA pass rate falls as candidate numbers rise in August exams
Kampala, Uganda | JULIUS BUSINGE | Uganda’s CPA examination pass rate fell to 34% in the August 2026 sitting, down from 36.4% a year earlier, even as the number of candidates increased by more than 10%, according to results released by the Public Accountants Examinations Board (PAEB) on Sept.14. The August …
Read More »‘Pearl Sweet’ puts Uganda’s oil ambitions on global market map
The name marks a milestone, but Uganda’s real oil test begins when the first barrel reaches the market Kikuube, Uganda | JULIUS BUSINGE & AGENCIES | Uganda’s long-awaited entry into the global oil market has acquired a name, a commercial identity and, potentially, a new source of economic …
Read More »Why Gen. Muhoozi is right: Uganda should regulate alcohol abuse, not bar opening hours
OPINION | JULIUS BUSINGE | At 10:32pm on August 31, 2026, Chief of Defence Forces Gen. Muhoozi Kainerugaba posted on his X account: “In Uganda, people can dance and drink up to morning. Also, women are allowed to dress anyway they want.” At 11:07pm, he followed with another message: “Opening and …
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 »Ugandans are still poor, living hand to mouth
Uganda’s economic growth is real, but the poverty I have witnessed across the country demands that leaders look beyond the headline numbers. COMMENT | JULIUS BUSINGE | “Give me Shs1,000 and I will buy salt; get me Shs500 and I will buy a drink; contribute some money for …
Read More »Betika commits Shs100m to Ntugasaze FC as club enters Uganda Premier League
Kampala, Uganda | JULIUS BUSINGE | Betika Uganda has announced a Shs100 million partnership with newly promoted Ntugasaze Football Club, backing the club’s historic debut in the Uganda Premier League during the 2026/27 season. The partnership, unveiled on August 19 at Kira Road Police Grounds, Ntugasaze’s home venue for …
Read More »Stanbic Uganda net profit leaps 28.2% to Shs357bn
Strong revenue growth and strategic lending drive Stanbic’s strongest first-half performance Kampala, Uganda | JULIUS BUSINGE | Stanbic Uganda Holdings Limited (SUHL) has posted a 28.2% increase in net profit for the first half of 2026, highlighting the resilience of Uganda’s banking sector even as businesses continue to grapple …
Read More »Glovo is betting that Uganda’s informal economy can go digital
Kolawole Adeniyi has spent the past four months leading Glovo Uganda as its general manager. A trained pharmacist from Obafemi Awolowo University, he holds an MBA from IE Business School in Madrid. Before joining Glovo Uganda, he held leadership positions at Danone, Airtel and Jumia in Nigeria. He also …
Read More »NSSF seeks court order to take full possession of Temangalo land
Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has started the process of seeking a High Court order to take full possession of its contested Temangalo land, as Parliament has given the Fund and businessman Amos Nzeyi until next Monday to resolve the long running dispute out …
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The Independent Uganda: You get the Truth we Pay the Price