BOU clarifies that currency notes bearing Dep Governor’s signature are genuine Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has clarified on the Deputy Governor’s signature on currency notes, allaying fears that the notes could be fake. Since last month, pictures of currency notes bearing the signature of Dr …
Read More »Parliament sets conditions for Bujagali tax waiver
Kampala, Uganda | THE INDEPENDENT | Bujagali Energy Limited (BEL) will refund US$342 million to the Ugandan government for overpaid fees subject to a forensic audit by the Attorney General. This is after Parliament chaired by Speaker Anita Among on Wednesday, 15 March 2023 adopted the report of the Adhoc …
Read More »NSSF, Mastercard Foundation give Shs4.8billion boost to women led businesses
Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation have awarded Shs4.8bn seed funding to 66 women entrepreneurs through their Hi-innovator Women Accelerator program. A total of 15,000 job opportunities for women and youths countrywide are expected to be created through this …
Read More »KCCA Speaker, Councilors run to parliament
KCCA councillors want an audience with the Parliamentary Committee on budget, the Presidency and Parliament’s Committee on Commissions, Statutory Authorities, and State Enterprises -COSASE Kampala, Uganda | THE INDEPENDENT | There was drama in Kampala Capital City Authority-KCCA council Wednesday when the speaker, Zahara Luyirika walked into the Council hall …
Read More »SVB’s downfall evokes unease in U.S. banking sector, global markets
New York, US | THE INDEPENDENT | The collapse of Silicon Valley Bank (SVB) has not only revealed billions of dollars in loss but also rattled the technology industry, which had been leading innovation in the past years but yet was disturbed by layoffs and bankruptcies for months. Small businesses …
Read More »TOP 10: Kigali, Nairobi on list of best airports in Africa
🔵 TOP IN AFRICA 🏆🛫 1⃣ Cape Town 🇿🇦 2⃣ Durban King Shaka 🇿🇦 3⃣ Johannesburg 🇿🇦 4⃣ Casablanca 🇲🇦 5⃣ Mauritius 🇲🇺 6⃣ Marrakech 🇲🇦 7⃣ Addis Ababa 🇪🇹 8⃣ Kigali 🇷🇼 9⃣ Nairobi 🇰🇪 🔟 Bloemfontein 🇿🇦 🇸🇬 Singapore Changi takes the World’s Best Airport crown from Qatar’s …
Read More »TotalEnergies EP Uganda unveils 200 youth to join the Tilenga Academy
Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda has today unveiled 200 Ugandan youth who have been selected from the Tilenga MOOC to join the Tilenga Academy training program. The program is aimed at empowering youth with skills and international certifications to work on the Tilenga project during the …
Read More »Kenya lifts suspension on import of dairy products from Uganda
Kampala, Uganda | THE INDEPENDENT | A proposed ban on importation of powdered milk from Uganda has been suspended by the Kenyan government. “I’m happy to inform the country that by 5pm last evening we had received a communication from the government of Kenya informing us that the ban on importation …
Read More »NAKASONGOLA: 235 head of cattle stolen in 10 months
Naksongola, Uganda | THE INDEPENDENT | Up to 235 heads of cattle have been reported stolen in Nakasongola district, leaving pastoralists crying foul. According to the District Police report, 235 heads of cattle were stolen between May 2022 to March 2023. The report indicates that only 127 have been recovered …
Read More »Europe eyes Africa as ‘future source of cheap green hydrogen’
After a recent rush on Africa’s natural gas resources, Europe is eyeing the continent’s green hydrogen potential, deepening climate and energy partnerships in the process. Cairo, Egypt | BIRD AGENCY | After Russia’s invasion of Ukraine in March 2022 set off a rush for gas resources worldwide, Europe picked Africa …
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