Business

Hoima, Uganda | THE INDEPENDENT | The Albertine Graben Refinery Project in Hoima will be one of the big oil and gas infrastructure projects to look out for in 2023 in Uganda and Africa. The 60,000 barrels per day refinery is one of the 70 new oil and gas projects that …

Kampala, Uganda | THE INDEPENDENT | Uganda Police has confirmed that nine people were killed last night in a stampede at Freedom City Mall in Namasuba along the Kampala-Entebbe Road. According to Kampala Metropolitan Deputy Police Spokesperson Luke Owoyesigyire, the incident happened at midnight as the revellers were ushering in …

The first phase of Lagos’ new elevated rail system has been commissioned and testing will now begin ahead of operations that should see as many as 250,000 people transported daily. Lagos, Nigeria | BIRD AGENCY |  The first phase of a light rail system that is set to transform commuting …

For many years small retail investors have found it hard to buy shares on the Nairobi Securities Exchange, but a newly-licensed service hopes to change that Kampala, Uganda | HARRY CLYNCH | Since the establishment of the Nairobi Securities Exchange (NSE) in 1954, it has traditionally been very difficult for Kenya’s retail …

SPECIAL FEATURE | THE INDEPENDENT | For over 20 years, Jennifer Nsita, mother of six and resident of Dwoli village in Hoima district, has been receiving medical treatment from Dwoli Health Center III. The 38-year-old says that at this facility, they are treated for illnesses such as malaria, cough, headaches …

The near-term macroeconomic outlook foresees sustained recovery driving GDP growth from 4.7% in FY 2021/22 to 5.5% in financial year Kampala, Uganda | THE INDEPENDENT | As the shock of the COVID-19 pandemic recedes, Uganda is returning to its pre-pandemic path to growth, with economic recovery boosted by the strong performance …

Why 78% of Ugandans say they would not feel safe in a car driven without a human at the steering wheel SPECIAL REPORT | Ronald Musoke | Stephen, a 30 year-old bodaboda or motorcycle taxi rider in Kampala says he cannot allow to be driven in a car that is not …

Kampala, Uganda | THE INDEPENDENT | Following the Final Investment Decision, the commencement of field development, and the arrival of the rigs, there is hope that Tilenga and Kingfisher developments in the Albertine will deliver the first oil in 2025. The joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC), …

Kampala, Uganda | THE INDEPENDENT & URN | The appointment early this month of Patrick Ayota as caretaker Managing Director at National Social Security Fund (NSSF), was supposed to be a temporary measure to allow the board and appointing authority conclude on either reinstating Richard Byarugaba as head or name a …

Kampala, Uganda | ISAAC KHISA | State-owned Uganda Electricity Generation Company has maintained a growth trajectory in its annual performance with the latest financial results indicating a 24 per cent growth in income to Shs 210.9billion for the year ended June.30. The company attributes increase in income to a surge in …