Kampala, Uganda | THE INDEPENDENT | DFCU Bank has launched a new 12-week campaign to inspire customers to ‘Reach for More’ by taking advantage of its special financial packages to achieve their aspirations/needs conveniently during the new year. Under the campaign, the Bank is providing collateral free loans (unsecured loans) of …
Read More »Inside the proposed 2023/24 National Budget
What the CSOs want on matters debt, public expenditure, women, food & tourism Kampala, Uganda | JULIUS BUSINGE | Civil Society Organisations under their umbrella body, the Civil Society Budget Advocacy Group (CSBAG) are urging the government to design a budget that is responsive to public debt, public expenditure, climate change, …
Read More »Accountancy body releases December 2022 exam results
Kampala, Uganda | THE INDEPENDENT | The Public Accountants Examinations Board of the Institute of Certified Public Accountants of Uganda has released the lasts examination results that were conducted in December last year. According to CPA Laura Orobia, who signed the examination press release, a total of 5,279 candidates attempted the …
Read More »Digital Tracking counters diversion of government medicines
SPECIAL FEATURE | THE INDEPEDNENT | With a blaring distress signal on and the blue top lights flashing, an ambulance rushed out of the gate at breakneck speed, leaving everyone at the health facility wondering what emergency had come up. No sooner had it joined the main road though than the …
Read More »UNOC takes over management and operations of Jinja fuel storage terminal
Jinja, Uganda | THE INDEPENDENT | The Finance and Energy Ministries have taken over the management of the Jinja fuel storage terminal. The terminal that has been managed under a Joint Venture Partnership between One Petroleum Limited (OPL) consortium and Uganda National Oil Company Limited (UNOC) will now fully be under …
Read More »Ghana, Nigeria, and Kenya lead 25% growth in finance app installs
Africa’s fintech space continues its pandemic-induced growth with a 25% jump in new finance app installations in 2022, energised by the rapid adoption of mobile banking solutions. Accra, Ghana | BIRD AGENCY | A new report by AppsFlyer and Google analysed more than 140 million installs across 3,000 finance …
Read More »Uganda ditches China on SGR
Critics want mega-infrastructure investments scrapped COVER STORY | IAN KATUSIIME | Big infrastructure projects such as the Standard Gauge Railway (SGR) in Uganda, have critics saying such investments have led to high inflation and increased cost of living for ordinary citizens and limited growth. This happened after countries like Uganda, …
Read More »98.4FM: Tororo’s RockCity Radio starts testing live transmission
Tororo, Uganda | THE INDEPENDENT | RockCity Radio 98.4FM hit the airwaves on Wednesday this week, creating excitement in the usually sleepy town of Tororo in eastern Uganda. Tororo Broadcasting Network Limited Board chairman Geresom Okecho-Ochwo confirmed in an interview yesterday (see Q & A at bottom) that what excited …
Read More »FID on Uganda refinery due by June
Kampala, Uganda | THE INDEPENDENT | The Final Investment Decision for Uganda’s Oil and Gas refinery project is set for June, this is according to the Ministry of Energy and Mineral Development. The refinery was one of the three projects mooted more than a decade ago, but little has been said …
Read More »URA launches crackdown on roadside fuel dealers in West Nile
Arua, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA is to start joint enforcement operations targeting the illegal sale of fuel in the West Nile region. Across major towns in the West Nile region, fuel especially petrol is being sold openly in small jerry cans mainly by the youth on …
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