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The Independent

UEGCL reports 60% growth in net profit to Shs54bn

UEGCL’s remarkable progress in financial growth and energy generation is a testament to Uganda’s commitment to sustainable energy development, according to Minister Nankabirwa Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Generation Company Limited (UEGCL) has reported a 60% increase in net profit for the 2023/24 financial year to Shs54 …

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Sekajugo’s art features at Marrakech 2025

Sekajugo featured with emerging Ivorian, Tunisian artists ART | AGENCIES | Internationally celebrated Ugandan artist Collin Sekajugo was one of three artists exhibited by Galerie Farah Fakhri at the 1-54 Contemporary African Art Fair in Marrakech 2025 in Morocco. Sekajugo featured with emerging Ivorian multidisciplinary artist Chada Gnangoran, and the Tunisian …

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Mastercard opens office in Kampala

The new office is part of a broader strategy to expand footprint across Africa, with existing offices in Cairo, Casablanca, Johannesburg, Lagos, Nairobi, Port Louis, and Accra Kampala, Uganda | THE INDEPENDENT | Mastercard has opened its first office in Kampala, marking a significant milestone in its expansion across East Africa. …

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Aga Khan, leader of Ismaili Muslims, dies at 88

His charities ran hundreds of hospitals, educational and cultural projects, largely in the developing world OBITUARY | AGENCIES | The hereditary spiritual leader or Imam of the Ismaili Muslims, the Aga Khan, has died at the age of 88. Prince Karim Aga Khan was the 49th leader of the Ismaili Muslims, …

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The New Washington Consensus

After watching business take over the US government, the only alternative is to abandon any pretense of democracy COMMENT | KATHRINA PISTOR | For decades, we have been told that government-operated businesses are bad for the economy. A staple of the “Washington Consensus” that emerged in the 1980s was that “private …

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