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Blencowe starts drilling at Orom-Cross Graphite Project

Kitgum, Uganda | THE INDEPENDENT |   Blencowe Resources Plc. has announced the commencement of the Phase 7 exploration programme that involved drilling, at its Orom-Cross graphite project in Kitgum district. Blencowe acquired the Orom-Cross Graphite Project mining license in 2019 for 21 years through the acquisition of a 100 percent …

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BoU reduces frequency of interest rate review

KAMPALA, UGANDA | THE INDEPENDENT | The Bank of Uganda has reduced the frequency of the review of the Central Bank Rate, to allow for more comprehensive economic analysis and enhanced forecasting accuracy. This, the Bank says, will in turn enable the management to “build upon our established track record of …

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What you need to know about new digital number plates

Owners or importers will be required to pay a total of 714,300 shillings for the digital registration plate, while replacing an old plate with a new one costs 150,000.  Kampala, Uganda | THE INDEPENDENT | Monday, January 6, marked the rollout of the third phase of the Motor Vehicle Digital …

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