Kampala, Uganda | THE INDEPENDENT | The Inspectorate of Government has requested additional time to respond to an amended application from Karamoja Affairs Minister Mary Goretti Kitutu, seeking the dismissal of new charges accusing her of causing a financial loss of 1.5 billion Shillings. The case, in which Kitutu lists the …
Read More »Uganda grants Rwenzori Rare Metals 21-Year license for Makuutu Rare Earth Project
Kampala, Uganda | THE INDEPENDENT | A significant milestone was reached in Uganda’s resource exploration journey with the granting of a 21-year mining license for the Makuutu rare earth project to Rwenzori Rare Metals Limited. This landmark agreement, signed on December 28, 2023, marks the first large-scale mining license issued under …
Read More »Rwanda sees rising revenue in conferences, events sector
KIGALI, RWANDA | Xinhua | Rwanda’s sector of meetings, incentives, conferences, and events (MICE) achieved remarkable growth in 2023, generating more than 91 million U.S. dollars in revenue, up from 64 million U.S. dollars the previous year. “Rwanda hosted more than 150 conferences last year which generated more than 91 …
Read More »WHO releases new guidance on Artificial Intelligence use in health
Geneva, Switzerland | THE INDEPENDENT | The World Health Organization (WHO) has released new guidance on the ethics and governance of large multi-modal models (LMMs), a type of fast-growing generative artificial intelligence (AI) technology with applications across health care. The guidelines outline over 40 recommendations for consideration by governments, technology companies, and …
Read More »UNDP, African leaders launch Timbuktoo Initiative
The one-billion dollar fund aims to support the African startup ecosystem ANALYSIS | AGENCIES | The United Nations Development Programme (UNDP) launched on Jan.17 the bold and ambitious “timbuktoo” initiative together with African countries. In a special session of the World Economic Forum at its 24th Annual Meeting in Davos, Switzerland, …
Read More »“Kampala real estate sees surge in rental rates
Commuter towns on the outskirts of the city are gaining traction, as more people opt for a quieter, calmer, and more suburban living Kampala, Uganda | THE INDEPENDENT | Rental rates in Kampala have increased by up to 12% across various property segments, reflecting increased demand attributed to improved economic activities, …
Read More »Finance Trust Bank to sell 80% stake to a Nigerian Bank
Kampala, Uganda | THE INDEPENDENT | Finance Trust Bank (FTB) has opted to sell an 80% stake to Access Bank PLC, a prominent Nigerian lender operating across more than 20 countries, following the Bank of Uganda’s decision to raise minimal capital requirements for financial institutions. The move, subject to regulatory approvals …
Read More »NRM at 38
Fatigue, intrigue, corruption, violence while Museveni lingers on Kampala, Uganda | IAN KATUSIIME | The National Resistance Movement (NRM) is marking its 38th anniversary amidst creeping fatigue, grinding corruption, worsening human rights abuse and the ever present puzzle of succession. The NRM came to power on January 26, 1986 when its …
Read More »Minister Kitutu, OPM top officials charged with financial mismanagement and corruption
Kampala, Uganda | THE INDEPENDENT | The Inspectorate of Government levelled serious charges against Hon. Mary Goretti Kitutu, the Minister in charge of Karamoja Affairs, and other three high-ranking officials from the Office of the Prime Minister (OPM). The charges centre around alleged financial mismanagement and corruption, raising concerns about …
Read More »UPC disassociates itself from the United Forces of Change alliance
Kampala, Uganda | THE INDEPENDENT | Uganda People’s Congress (UPC) disassociated itself from the ongoing opposition political pressure group to form an alliance for change aimed at ousting the National Resistance Movement (NRM) from power come the 2026 General Elections. UPC says no single opposition political party or pressure group has …
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