Tag Archives: Uganda

Kampala, Uganda | THE INDEPENDENT | Uganda’s financial industry is still a step away from being internationally blacklisted over safety concerns, more than three years after the alarm was sounded by the Financial Action Task Force, FATF. FATF, an intergovernmental organization that monitors the global financial industries for financial crime, examined …

Kampala, Uganda | THE INDEPENDENT | Rights activists have reignited the demand to regulate school fees. The call comes over a week after the State Minister for Higher Education John Chrysostom Muyingo told Parliament that there would be no such policy by the government. At the 10th annual national conference …

Kampala, Uganda | THE INDEPENDENT & URN | Soccer governing body FUFA has ended the contract of Uganda Cranes coach Milutin Micho Sredojević days after failing to qualify for the Africa Cup of Nations. According to a statement released by FUFA on Thursday, both parties had reached a mutual agreement …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has officially launched an ambitious Energy Policy for Uganda, which is set to require an estimated USD 250 billion, approximately Shillings 930.881 trillion, to implement over a span of 17 years. The launch of the Energy Policy …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has pledged to support the local assembly and manufacturing of smartphones by purchasing one million handsets. Smartphone penetration is still below 40% in the country and lowering the cost of handsets will go a long way to improve overall penetration. Speaking at the …

Companies remain optimistic about future output growth Kampala, Uganda | JULIUS BUSINGE | The monthly Stanbic Purchasing Managers’ Index (PMI) for Uganda dipped slightly in August, falling from 53.9 in July to 51.6, as businesses grappled with the implications of the World Bank’s suspension of further loans to the country. However, …

Kampala, Uganda | THE INDEPENDENT | Uganda’s first official dairy exports to Algeria will start next month, the Dairy Development Authority (DDA) has revealed. Uganda and Algeria signed the diary deal in March this year. Uganda is expected to export milk products worth up to USD 500 million to the North African country. At …

Kampala, Uganda | THE INDEPENDENT | Salaam Bank Uganda Ltd has become the first commercial bank to acquire a license to offer Islamic banking services in Uganda. Salaam Bank is a Ugandan subsidiary of Salaam African Bank of Djibouti, through Top Finance Bank which it acquired in August last year. Salaam …

Mpondwe , Uganda | THE INDEPENDENT | The Export Zone Mpondwe Lhubiriha Market at the Uganda –DRC border line in Kasese district has been temporarily closed. The weekly market which takes place every Tuesday and Friday attracts communities from Kasese, neighbouring districts and those from the Democratic Republic of Congo. …

Kampala, Uganda | THE INDEPENDENT | Director of Public Prosecutions, Jane Frances Abodo, has launched the “Decision to Charge Guidelines 2023,” a comprehensive framework aimed at assisting prosecutors in making informed decisions regarding the charges brought against accused persons. The guidelines not only delineate the essential functions and responsibilities of …