Kampala, Uganda | NEWS CORRESPONDENT | As a new school term begins, classrooms fill with eager learners, but behind the scenes many schools face a familiar financial storm. Salaries must be paid, utilities cleared, supplies purchased and facilities maintained, all before most parents complete paying school fees. This timing gap …
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Kampala, Uganda | THE INDEPENDENT | Professor Barnabas Nawangwe Vice Chancellor Makerere University has urged the government to introduce dedicated scholarships and loan schemes for postgraduate students, particularly at the PhD and Master’s levels, to tackle persistently low completion rates and accelerate the institution’s ambition to become a leading research …
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COMMENT | JAEL CHRISTINE WAWULIRA | For many women, banking is not just about opening an account or taking a loan. It is about finding financial services that understand their realities, support their ambitions, and respond to the responsibilities they carry every day. This is why customer experience has …
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Kampala, Uganda | THE INDEPENDENT | State Minister of Finance for Investment and Privatization Evelyn Anite Kajik has hailed the Union — leaders of boda boda, taxis, buses and trucks in Uganda — for their efforts to take their members out of poverty by teaching them how to save money …
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Cairo, Egypt | THE INDEPENDENT | The African Export-Import Bank has ranked first as Mandated Lead Arranger and Bookrunner in the 2025 Bloomberg Africa Borrower Loans League Tables, reinforcing its position as a leading arranger of capital for African borrowers. The rankings recognize the bank’s role in mobilizing large-scale financing from …
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A glimpse into Uganda’s Shs166.8 billion MP vehicle allocation COMMENT | LILIAN ZWEDDE SENTEZA | In a controversial move, Uganda’s Parliament greenlit Shs166.8 billion (approximately $45 million) in the 2026/27 national budget to purchase new vehicles for its 529 lawmakers. This amounts to roughly Shs315 million per MP. Officially framed as …
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COMMENT | THE INDEPENDENT | For many Ugandan families, owning a home is the ultimate symbol of stability and progress. From first-time buyers in Kampala to families constructing homes in Wakiso, Mukono and across the country, mortgage financing has made property ownership more attainable than ever before. Yet in the …
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On Dec. 19, Richard Yego, Managing Director of MTN Mobile Money Uganda Ltd., spoke to business reporters about the company’s performance in 2025 and its outlook for 2026. During the discussion, Yego provided insights into MTN Mobile Money’s growth, innovations, and ongoing efforts to expand financial inclusion across Uganda. The …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has announced a transformative partnership with FinCom Technologies, the creators of the SchoolPay platform, to deliver the first fully digital lending solution for schools in the country. The collaboration gives thousands of private education institutions immediate access to pre-scored, cash flow-aligned …
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From Sh40,000 to a Multi-Branch Business: Abel Byamukama’s journey Fort Portal, Uganda | THE INDEPENDENT | Abel Byamukama is a 29-year-old entrepreneur from Maguru Village, Kyabukonkoni Division, Fort Portal City. He is the founder of “Klean Star Products”, a growing enterprise that manufactures liquid soap and a range of home-care products. …
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The Independent Uganda: You get the Truth we Pay the Price
