Telecom giant, MTN Uganda, has let go of its long serving Chief Executive Officer, Wim Vanhelleputte, setting the pace for the first top leadership transition since the telecom was listed on the Uganda Securities Exchange. Kampala, Uganda | ISAAC KHISA | Vanhelleputte, who has overseen the growth of the telecom …
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Kampala, Uganda | THE INDEPENDENT | The Uganda shilling continues to depreciate against the US dollar as both local and external factors exert pressure on the local and other emerging currency markets. For more than a week, the shilling has just stayed short of touching the 3,900 level against the dollar, amidst …
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Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank has outlined several initiatives aimed at encouraging foreign direct investment from Ugandans living abroad, while still improving the livelihoods of the people at home. Peace K. Ayebazibwe, the Executive Director of Housing Finance Bank shared the bank’s vision on Thursday at …
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Beijing, China | THE INDEPENDENT | Key parts of a modern drilling rig customized by CNOOC International for Uganda’s Kingfisher oilfield, has left the port of Yantai in China for East Africa. The most advanced Chinese oil drilling equipment in the world was shipped to Uganda after a brief ceremony last …
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The Democratic Republic of Congo is opening parts of the world’s second-biggest rainforest to drilling following its offer on July 28 of licensing rights for 27 oil and three gas blocks in the region. Initially, Kinshasa had planned to give away 16 oil blocks but it appears that with the …
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SPECIAL FEATURE | THE INDEPENDENT | The East African Community (EAC) is a regional intergovernmental organization of six partner states, the Republics of Burundi, Kenya, Rwanda, South Sudan and Democratic Republic of Congo. A traveler requires one tourist’s visa to explore all the wildlife and primates within the region except …
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Cheick-Omar Diallo, the TotalEnergies Spokesperson for the Tilenga and EACOP projects accompanied a French contingent of journalists on tour of Uganda’s oilfields and project affected persons. The Independent’s Ronald Musoke was on the four day visit (July 16-19) and spoke to him about his impressions. Tell us about your visit …
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Nairobi, Kenya | THE INDEPENDENT | President Uhuru Kenyatta on Sunday officially launched Kenya’s iconic Nairobi Expressway after months of successful public trial. The President also commissioned the revamped Nairobi Eastern Bypass which includes five new major vehicular crossings and six-lane dual carriageways at the busy sections of the road. …
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Mengo, Uganda | THE INDEPENDENT | The Kabaka of Buganda has requested government through various avenues to help improve coffee production in the country. The Kabaka urged government to find means of shielding coffee farmers from extreme price fluctuations and to access capital to finance their efforts. He said he …
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Kampala, Uganda | Xinhua | Uganda’s inflation rate for the year ending July has risen to 7.9 percent from 6.8 percent in the year ending June 2022, the country’s statistics agency said Friday. Uganda Bureau of Statistics attributed the increase to rising food crop prices and transport fare. During the …
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The Independent Uganda: You get the Truth we Pay the Price