Kampala, Uganda | THE INDEPENDENT | TotaLEnergies says it has so far completed the drilling of 47 wells under the Tilenga project in the Albertine Graben. Drilling operations on wells located in Bulisa and Nwoya districts started In July 2023. Some of the completed wells are located in the Murchison Falls …
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Kampala, Uganda | THE INDEPENDENT | Members of the Uganda Alcohol Industry Association (UAIA) led by their Chairperson Jackie Tahakanizibwa have met the Katikkiro of Buganda Kingdom, Charles Peter Mayiga at Mengo to discuss sector collaborations and areas of work. An organization that brings together the formal alcoholic beverages manufacturers, …
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Kampala, Uganda | THE INDEPENDENT | Businesses have been encouraged to embrace Environmental Sustainability Governance (ESG) practices which are more than a regulatory requirement, but a strategic move towards enduring sustainability and resilience in a dynamic business environment. The call was made today by PostBank Uganda Managing Director who …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has urged financial institutions to create financial products that are in line with the protection of the environment, social support and transparency. The Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi says this is because the …
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Kampala, Uganda | THE INDEPENDENT | FlexiPay, Stanbic Bank’s digital payment platform, has partnered with International Fund for Agricultural Development (IFAD) and Upesi Money Transfer, a regional payments company, to enable FlexiPay users to send, receive money from abroad with ease. Josephine Nakato Kasacca, Lead Customer Experience & Operations for FlexiPay …
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However, this trade performance remains modest compared to regions like Asia and Europe. ANALYSIS | ISAAC KHISA | Intra-African trade recorded an improvement in the past year but remained relatively low compared to other regions, according to Afreximbank’s African Trade Report 2024, titled “Climate Implications of the AfCFTA Implementation.” The report, …
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Bombo, Uganda | THE INDEPENDENT | Amina Atako, a 45-year-old single mother of six from Muni village, Arua District, took home a life-changing sh10,063,100 in the Uganda National Lottery draw (DAILY LOTTO) on Friday, June 14th, 2024. “I felt both joy and shock,” Amina expressed upon realizing her newfound fortune. She …
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Kigali, Rwanda | THE INDEPENDENT | RwandAir Cargo is launching new services to Dubai and Djibouti, both operated by its dedicated freighter B738SF. The expansion is part of the airline’s mission to connect Africa and the world, it said on June 10. The new routes will increase RwandAir’s cargo network to …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s sale of shares left over from its 2021 Initial Public Offering was oversubscribed by almost 100%, the telecom executives said on June 13. The company received applications for 3 billion shares against 1.6 billion shares on offer, The shares sold represent 7.03% of …
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Experts share mixed views relating to fiscal discipline, tax, growing debt COVER STORY | JULIUS BUSINGE | As Finance Minister Matia Kasaija ascended the podium at Kololo Independence Grounds on June 13 to unveil the FY2024/2025 National Budget, the air was thick with anticipation. The nation waited with bated breath, eager …
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The Independent Uganda: You get the Truth we Pay the Price