The company operates four power stations — Nalubaale–Kiira, Isimba, Namanve and Karuma — with a combined installed capacity of 1,213MW Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL), the state-owned power producer, reported a sharp fall in annual profit for the 2024/25 financial year, underscoring the …
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Kampala, Uganda | JULIUS BUSINGE | The COMESA Competition Commission has formally opened an inquiry into the proposed acquisition of Cold Solutions East Africa Holdings Limited by Inspired Evolution Managers Limited, setting in motion a regional regulatory review of the transaction under the bloc’s competition rules. In a Merger Inquiry Notice dated …
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How Museveni’s rallies now reflect a curated campaign era — and what the opposition reveals COVER STORY | JULIUS BUSINGE | On the morning of December 1, 2025, a convoy of police trucks wound through the streets of Mbarara, ferrying what appeared to be a sea of supporters toward La …
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Francistown, Botswana | JULIUS BUSINGE | Kiira Motors Corporation (KMC) and its partners today, Dec. 2, announced that the “Made in Uganda Grand Trans-Africa Electric Expedition” has successfully reached Botswana, marking a historic milestone in Uganda’s push to showcase locally made electric mobility solutions on the continental stage. “The fully electric Kayoola …
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The combined investment value of the Kingfisher, Tilenga, and East African Crude Oil Pipeline (EACOP) projects now exceeds US$15 billion Kampala, Uganda | JULIUS BUSINGE | The Petroleum Authority of Uganda (PAU) has released a ten-year performance scorecard showing that of the US$7 billion in contracts approved to date, more …
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Kampala, Uganda | JULIUS BUSINGE | Uganda’s young entrepreneurs are emerging as key players in climate and sustainability innovation, following the conclusion of the country’s first Pachi Panda Innovation Challenge, hosted by MTN Uganda in partnership with the World Wide Fund for Nature (WWF). The competition, launched in September …
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Civil society warns of potential repetition of 2011, when election-related spending drove inflation above 30% NEWS ANALYSIS | JULIUS BUSINGE | David Kitoosa studies the red soil beneath his feet as if searching for answers buried in it. His hands, hardened by years of brickmaking and truck-driving across Wakiso District, …
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Kampala, Uganda | Julius Businge | Uganda has set its sights on securing orders for at least 1,000 electric coaches during the Made in Uganda Grand Trans-Africa Electric Expedition, a milestone 30-day journey covering more than 13,000 kilometres across Uganda, Tanzania, Zambia, Botswana, Eswatini, and South Africa, government officials said …
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The greatest risk is not in investing in Africa’s own potential, but in failing to do so Kampala, Uganda | Julius Businge | A continental push is underway to harness Africa’s estimated $700bn in pension assets to fund crucial infrastructure and reduce reliance on foreign debt, senior officials said at the …
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Yas boosts fibre expansion and job creation across East Africa Kampala, Uganda | JULIUS BUSINGE | Yas, a subsidiary of AXIAN Telecom Holding & Management PLC, has officially completed the acquisition of 99.63% of Wananchi Group (Holdings) Ltd—the parent company of Zuku and Simbanet—in a transaction valued at …
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The Independent Uganda: You get the Truth we Pay the Price
