Kampala, Uganda | THE INDEPENDENT | A new partnership between SHONA Capital and Cornerstone Asset Managers is injecting $500,000 (USh1.84bn) into Uganda’s small and medium-sized enterprises, a move that underscores growing momentum to domesticate financing for the country’s backbone businesses. The investment, sourced from high-net-worth individuals through Cornerstone’s Private Wealth Management …
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KAMPALA, UGANDA | THE INDEPENDENT | In a bold move to address the growing water and sanitation crisis in Ugandan schools, Housing Finance Bank (HFB) has rolled out a targeted intervention to boost access to clean water and hygiene infrastructure. The Bank has unveiled its Water and Sanitation product, a …
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It seems that the economic system we operate in was never designed to grow indigenous wealth. It appears to have been designed only to keep the economy alive while keeping real power insulated. COMMENT | APOLLO BUREGYEYA | Some of our Indian colleagues in Uganda are misreading the room. They mistake …
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KAMPALA, UGANDA | THE INDEPENDENT | SHONA Capital, a Ugandan small and medium support investment firm, has secured 1.84 Billion Shillings to support SMEs with high potential to grow and flourish. The money was mobilised under a partnership with Cornerstone Asset Managers, from high-net-worth individuals with the idea to support …
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KAMPALA, UGANDA | Xinhua | Uganda on Wednesday launched a landmark malaria vaccination campaign, aiming to immunize 1.1 million children under two years old in its largest rollout to date. Prime Minister Robinah Nabbanja presided over the official launch of the immunization exercise at Booma Grounds in Apac district in …
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KAMPALA, UGANDA | Xinhua | Uganda is engaging with the Democratic Republic of the Congo (DRC) after militants fired at a humanitarian aircraft in eastern DRC, killing one person, a military spokesperson said. Chris Magezi, a Ugandan military spokesperson, said in a statement issued late Monday that the International Committee …
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New findings from country’s biggest ever count ANALYSIS | THE INDEPENDENT | What is being touted as the largest, most comprehensive count of African lions in Uganda has painted a grim picture in some areas and a marked hope for others. That is according to a report by three of the lead …
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KAMPALA, UGANDA | Patricia Akankwatsa | Denmark joined the EU’s “Partnering for Forests Uganda” program, committing substantial aid to tackle the nation’s critical deforestation crisis, marking a major step for Uganda’s environmental future. Launched on the International Day of Forests, the partnership aims to reverse Uganda’s dramatic forest loss, a drop …
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Reports estimate that trade-based money laundering costs Uganda over $6.6 billion annually Kampala, Uganda | JULIUS BUSINGE | Financial experts have called for sustained collaboration between Uganda’s public and private sectors to strengthen the country’s anti-money laundering (AML) framework, following its recent removal from the Financial Action Task Force (FATF) Grey …
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Playing roulette with nation’s security COVER STORY | IAN KATUSIIME | In the one year that Gen. Muhoozi Kainerugaba has been Chief of Defence Forces, he has become mainly known for playing Russian roulette on his X account—-sometimes raising heightened fear among opponents, engaging in light banter with the public, or …
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The Independent Uganda: You get the Truth we Pay the Price
