Nakasongola, Uganda | THE INDEPENDENT | The National Enterprise Corporation (NEC), the business arm of the UPDF, has, in conjunction with STREIT (U) Ltd, launched their first armoured vehicle showroom outside their Nakasongola factory. NEC-Streit, a joint venture between the two companies, was formed in 2022 to produce armoured vehicles, …
Read More »PostBank’s agribusiness loan book growth up 24%
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has recorded a 24% growth in its agribusiness loan book between 2023 and 2024, reflecting the bank’s robust commitment to transforming Uganda’s agricultural sector. “This growth is a testament to the success of PostBank’s strategic shift toward value chain financing and risk …
Read More »Uganda set to take on giants South Africa at Africa juniors golf
Tunis, Tunisia | THE INDEPENDENT & GOLFRSA.COM | Uganda’s boys and girls teams are set for action in the 2025 All Africa Junior Team Championship that starts Thursday in Tunis. Uganda’s boys team has Anthony Otukei, Peter Mayende, Shaka Kariisa and John Paul Rugumambaju for boys, while girls side features Rachael Laura Natukunda, …
Read More »Uganda’s economic stakes in Kenya’s growing ties with China
Beyond physical infrastructure, Ruto’s engagement with China may also touch on trade facilitation and regional value chains. Uganda and Kenya share an interest in expanding their agricultural exports, a sector in which China has increasingly shown interest as it seeks food security partnerships abroad. COMMENT | Stephen Ndegwa | Kenya …
Read More »New cross border water project to benefit 300,000 in Kenya, Uganda
BUSIA, UGANDA | THE INDEPENDENT | At least 300,000 people are set to benefit from the new Angololo Water Resources Development Project. The initiative is a joint effort between the governments of Kenya and Uganda in collaboration with the Nile Equatorial Lakes Subsidiary Action Program (NELSAP) of the Nile Basin …
Read More »⚠️ New 30km speed limit for urban areas now in full force
Speed on all roads adjacent to a school, church, hospital, market or business centre high human or vehicular interaction, is now limited to 30Kph. ⚠Exceed the speed limit by 1–30km/h? That’ll cost you UGX 200,000. ⚠Go over by 30km/h or more? Get ready to cough up UGX 600,000 Kampala, …
Read More »How coffee boom is helping Uganda’s trade balance
Uganda Exports 🇺🇬 🟡Feb 2024 🔵2025 Feb Coffee $82.56m $167m Cocoa $25.98m $68.7m Tobacco $2.89m $17.05m Minerals $268.88m $318.71 NEWS ANALYSIS | NEBERT RUGADYA | Uganda’s …
Read More »Uganda grapples with malaria burden amidst promising innovations
COMMENT | INNOCENT LAWRENCE OKIMA | The latest World Malaria Report released by the World Health Organization (WHO) paints a vivid picture of the global battle against malaria, with Uganda standing out as one of the high-burden countries. Despite decades of interventions, malaria stubbornly remains the leading cause of illness …
Read More »Dark days ahead for Uganda
The risks to reliable electricity distribution that Uganda faces as we transition from Umeme to UEDCL THE LAST WORD | Andrew M. Mwenda | The refusal of government to renew the Umeme concession continues to intrigue me. It is a policy decision of monumental stupidity. First, the government has had to borrow $118m …
Read More »Uganda’s minerals get listed on stock exchange
KAMPALA, UGANDA | THE INDEPENDENT | The Ministry of Finance is in the process of developing a national commodities exchange aimed at securitizing Uganda’s minerals and enabling their trade on the stock market. According to Joseph Enyimu, Commissioner for Economic Development, Policy, and Research at the Ministry, listing minerals will not …
Read More »