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ITHUBA Uganda marks first 6 months of growth and opportunity

Kampala, Uganda | THE INDEPENDENT |  As the Uganda National Lottery marks its seven-month milestone, ITHUBA Uganda and the National Lotteries and Gaming Regulatory Board (NLGRB) can reflect on a period of progress, learning, and collaboration. As of last week, ITHUBA Uganda has paid out over sh3.6 billion to more than 520,000 winners across various winning …

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Shutting down USAID: Is it a win for China and Russia?

ANALYSIS | AGENCIES | The Trump administration’s decision to dismantle the United States Agency for International Development (USAID) is leading to a global geopolitical fallout. As the US government halts billions of dollars in foreign assistance, concerns are mounting that global adversaries such as China and Russia could take advantage of …

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Wendi Mobile Wallet digitizes Parish Development Model payments

   PostBank’s mobile wallet revolutionizes financial inclusion in Uganda Kampala, Uganda | THE INDEPENDENT | Wendi mobile wallet developed by PostBank has revolutionized the payment process for the Parish Development Model (PDM) program through its innovative digital platform. By leveraging cutting-edge technology, Wendi has successfully digitized PDM payments, reducing processing time, …

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IRA sets Annual Insurance Week for March

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda (IRA) has officially announced the 4th Annual Insurance Week, set to take place from March 10 to 13, 2025, under the theme “Redefining Insurance: Trust, Innovation, and Inclusivity.” The event will be held at Millennium Park (formerly KCCA Grounds) …

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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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