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The Independent

Standard Bank Group arranges $202 million syndicated funding for fintech giants M-KOPA

Standard Bank Group has arranged sustainability-linked, multi-currency facilities to support M-KOPA’s growth in Kenya and Uganda  Johannesburg, South Africa | THE INDEPENDENT |  Regarded as a pioneering and leading fintech platform, M-KOPA’s solutions provide underbanked customers with instant access to everyday products and services via its flexible credit model. M-KOPA’s customers …

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Uganda lost 54 soldiers in Somalia attack

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has revealed that the Uganda Peoples Defence Forces (UPDF) lost 54 soliders in an attack late last month by Al-Shabaab militants. The Commander In Chief was speaking at a retreat for NRM leaders ongoing in Kyankwanzi. The 54 dead included the base …

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UBOS trains supervisors for pilot census, 2 errant staff fired

Mukono, Uganda | THE INDEPENDENT | The Uganda Bureau of Statistics has concluded training of district and national supervisors ahead of the pilot census activities scheduled for June 2023. The two-weeks training is aimed at equipping and empowering the supervisors with knowledge and technical capacity on how to manage the …

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Investors to construct Iron Ore plant in Rubanda

Rubanda, Uganda | THE INDEPENDENT  | Investors have started plans to construct a multi-billion iron ore smelting plant in Rubanda District. The factory which was a 2016 presidential pledge has remained unfulfilled up to date. In 2019, the Devki Group of Companies from India led by its chairman Raval Guru …

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