Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited (SUHL) has appointed Grace Semakula as the new Chief Executive for SBG Securities Uganda Limited (SBGS) and by that position, an Executive Director on the company Board, effective March 1, 2024. Semakula who was previously with UMEME succeeds Joram Ongura, the …

Uganda Development Bank-funded solar plant will add 20MW to national grid Kampala, Uganda | IAN KATUSIIME | Tucked away in the hills of Mubende in Kyakasa village lies a solar power plant that is part of efforts aimed at powering Uganda’s energy transition. The Xsabo Nkonge power station with its gleaming …

This week, Robert Skidelsky, a member of the British House of Lords and Professor Emeritus of Political Economy at Warwick University talks to Project Syndicate. INTERVIEW | ROBERT SKIDELSKY | Project Syndicate (PS): Last year, you lamented the reversion of contemporary policy discussions to “the age-old standoff between market-based supply-side economics …

Kampala, Uganda | THE INDEPENDENT & AGENCIES | Kenyan tea industry export earnings surged by 31% to a historic high in 2023, buoyed by an increase in export volumes and a depreciating local currency. The Tea Board of Kenya said that the sector’s earnings reached US$1.22 billion, up from US$940 million …

The company faces numerous challenges such as limited funding,long distances of distribution networks and high energy losses Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has recorded a 10.5% surge in revenue to Shs88.5bn for the year ended June 2023. The company executives revealed during the Annual …

Kitagwenda, Uganda | THE INDEPENDENT | Residents of Kaduku village Mahyoro ward Mahyoro Town Council Kitagwenda District have expressed concern over the shoddy work at the 24 kilometer Rwentuha- Mahyoro road which cost 380million Shillings. The locals concern follows the  flooding of water in Kaduku trading center whenever it rains where …

BEIJING, CHINA | Xinhua | Chinese Vice President Han Zheng on Friday called on the business circles of China and the United States to consolidate the foundation of friendship and mutual trust and expand cooperation areas. Han made the remarks when addressing the annual appreciation dinner of the American Chamber …

Jinja, Uganda | THE INDEPENDENT | The UPDF engineering brigade has handed over a newly constructed intensive care unit-ICU ward to Jinja Regional Referral Hospital. The unit which cost 800 Million Shillings was constructed over the last 18 months. The ICU ward was fitted with 10 ICU beds and six other …

Dokolo, Uganda | THE INDEPENDENT | National Resistance Movement (NRM) District Councilors are considering supporting an independent candidate for the upcoming by-election in Dokolo district if the party does not pay money which was due to them during the 2021 General Election. It is alleged that over 80 million Shillings which …

KINSHASA, DRC | Xinhua | Stability hangs in the balance in the eastern Democratic Republic of the Congo (DRC), where military leaders from five regional countries have been meeting for days to devise a coordinated military strategy to end hostilities that risk escalating into a regional conflict. EFFORTS TO END …