Gulu, Uganda | URN | The Uganda People’s Defence Forces (UPDF) have warned that trucks repeatedly used to transport charcoal in Northern Uganda risk being auctioned as authorities intensify a crackdown on the illicit trade blamed for accelerating forest destruction and threatening agricultural production. The warning was issued on …
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SPECIAL FEATURE | THE INDEPENDENT | Her name is Alma Daizy Namunswa. Online, she is known as Mummy Gadgets What began in the boot of her car during Uganda’s COVID-19 lockdown has grown into Mummy Gadgets, a Kampala-based retail brand. Her journey mirrors the wider transformation of Uganda’s retail …
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Waste generation in the region increased to 180 million tonnes in 2023 from 90 million tonnes in 2010, according to a presentation by Gift Gabriel Mbuya of the East African Business Council Nairobi, Kenya | THE INDEPENDENT | East African governments and businesses have launched a regional …
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Three-year partnership will combine trade finance, insurance and reinsurance expertise to build skills across African markets AFRICA NEWS | ISAAC KHISA | The African Export-Import Bank (Afreximbank) and ZEP-RE have signed a three-year agreement to strengthen professional and institutional capacity in trade, insurance, reinsurance, risk management and trade …
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NAIROBI | Xinhua | China’s currency, the renminbi (RMB), is playing a bigger role in Africa as trade with the continent flourishes. From the launch of direct RMB settlement services in Tanzania to expanded connectivity with the Cross-Border Interbank Payment System (CIPS) in Kenya and Namibia, as well as …
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SPECIAL REPORT | Tanzania is courting investment in transport, logistics and technology as it seeks the next phase of growth. Lennox Yieke reports. At $90.14bn, Tanzania’s 2025 GDP is roughly 36% higher than the $66.07bn recorded in 2020 and nearly double the $47.41bn figure reported in 2015. The economy …
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Uganda Truck union leader Asadu Musisi Sentongo calls for EAC intervention Juba, South Sudan | URN | Six Ugandan truck drivers are missing after armed men reportedly abducted them and seized their trucks in Bor Town, Jonglei State, South Sudan. The drivers were reportedly abducted between Tuesday …
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How foreign capital is reshaping the ports, railways and logistics networks connecting East Africa to global markets and what that means for the region’s economic future NEWS ANALYSIS | IAN KATUSIIME | At Tanzania’s Indian Ocean coast, the port of Dar es Salaam is emerging as a crucial gateway …
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Stanbic’s China payment link is set to ease the country’s trade friction with Beijing Kampala, Uganda | THE INDEPENDENT | Ugandan businesses trading with China are set to gain faster access to yuan payments after Stanbic Bank Uganda became the country’s first lender to connect to China’s Cross-Border …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has become the first financial institution in the country to integrate with China’s Cross-Border Interbank Payment System (CIPS), a move expected to simplify cross-border transactions, reduce foreign exchange risks and strengthen trade between Uganda and China. The new payment platform enables Ugandan …
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The Independent Uganda: You get the Truth we Pay the Price
