Masaka, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has directed that the grace period for beneficiaries of the Parish Development Model-PDM and Emyooga programs to pay back their loans be extended to two years. In this financial year, the government started the program of organizing and delivering public …
Read More »Newly commissioned Dangote Refinery to redefine Africa’s oil industry
Africa’s largest oil refinery goes live in Nigeria as the continent’s largest oil producer seeks to cut fuel importation costs. The refinery promises to turn Nigeria from a net importer to a net exporter of refined oil. SPECIAL FEATURE | BIRD AGENCY | In a ceremony attended by heads of …
Read More »Rwanda seeks to secure business partnerships with China at 6th CIIE
China ranked first in terms of investments registered with the RDB in 2022, with 49 projects involving investments amounting to US$182.4 million Kampala, Uganda | AGENCIES | The government and business community of Rwanda have expressed their anticipation of participating in the upcoming 6th China International Import Expo (CIIE) in Shanghai …
Read More »Government withdraws new Pensions Bill
Kampala, Uganda | THE INDEPENDENT | Government has withdrawn a new pension Bill that was recently tabled in Parliament. The Public Service Pensions Fund Bill,2023 introduced on 14 March 2023 aimed at implementing a mandatory contribution system for public servants’ pensions. However, the bill underwent significant changes during the committee …
Read More »AfDB to help de-risk climate finance in Africa
Kampala, Uganda | THE INDEPENDENT | Africa contributes the least – less than 3% to global warming, yet the continent is the most vulnerable to climate risks. To build resilience against climate change, the countries have outlined tangible ambitions for green growth, including plans to increase climate investment. Amid dwindling climate …
Read More »Businessman remanded for defrauding Cairo Bank of sh200M
Kampala, Uganda | THE INDEPENDENT | Businessman Robert Kisolo has been remanded on charges of obtaining credit by false pretense after he allegedly defrauded Cairo Bank Limited. Kisolo on Monday afternoon was arraigned before Buganda Road Court Grade One Magistrate Fidelis Otwao and he denied the charges against him. The …
Read More »Cloud Computing is driving business efficiency and competitiveness in the digital era
COMMENT | PETER MUHUMUZA | Ugandan businesses are increasingly investing in innovations and systems that keep them ahead of the curve to thrive in the current business environment. From embracing the computers and the internet, to e-commerce, cloud computing and now ChatGPT. While access to digital ways of communication …
Read More »Govt issues guidelines on management of city markets
Kampala, Uganda | THE INDEPENDENT | The Ministry for Kampala and Metropolitan Affairs has issued guidelines for the management of City markets. The markets were re-possessed by the government in 2020 following a presidential directive. Addressing the press on Tuesday at the Uganda Media Center, the Minister for Kampala, Hajjat …
Read More »Africa Data Centres takes lead in continental digital revolution
New facility in Accra hopes to link the rapidly growing African population Kampala, Uganda | RONALD MUSOKE | In its quest to ramp up uptake of digital services on the continent, the Africa Data Centres, the largest network of interconnected, carrier-and cloud-neutral data centre facilities on the continent, has acquired land …
Read More »SafeBoda unveils new ride option ‘Plus and Saver’
Kampala, Uganda | THE INDEPENDENT | SafeBoda, a ride-hailing platform in Uganda, has announced the launch of its Plus Boda Boda ride option on the SafeBoda app. The new service is designed to provide customers with a greater choice of affordable, high-quality transportation options, while also empowering SafeBoda’s driver community with …
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