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Pay-as-you-go solar energy reaps rewards in Africa

Pay-as-you-go off-grid solar energy is bringing electricity to millions across Africa. Ian Lewis reports Falling costs and improved sales networks mean that small-scale solar power for households or micro-businesses is taking off across Africa. Crucially, this is fast becoming a self-sustaining sector that can generate its own revenues, and allowing numerous companies of …

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Services, wholesale and retail sectors gain

As COVID-19 lockdown measures hit agriculture, construction and industry Kampala, Uganda | JULIUS BUSINGE | For the first time since February, the headline Stanbic Bank Purchasing Managers’ Index (PMI) crossed into positive territory recording a reading of 50.3 during July, up from 46.5 in June. This is a significant recovery …

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Umeme, Stanbic dominate trading at USE in Q2

Market executives anticipate good performance as COVID-19 threat is minimized Kampala, Uganda | JULIUS BUSINGE | Trading in the second quarter of 2020 at the Uganda Securities Exchange registered a tremendous decline as  Uganda’s  equity  markets  continued  to  feel  the  impact  of  COVID-19  pandemic, according to the quarterly bulletin for …

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Funding shortfall hindering operations of Acholi chiefdom

Gulu, Uganda |  THE INDEPENDENT | The Acholi Paramount Chief Rwot David Onen Acana II has decried inadequate funding which is hindering operations of the Chiefdom. Some building projects of the institution at its headquarters in West Division of Gulu City are on a standstill.  The chiefdom’s programs to conduct sensitization …

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Leaders struggle to attract commercial flights at Gulu airport

Gulu, Uganda |  THE INDEPENDENT | Authorities in Gulu have said they are struggling to attract commercial flights at Gulu airport due to negative perceptions about the facility by the business community. Located, about three kilometres north-west of the Central Business District of Gulu, the largest metropolitan area in Acholi sub-region, …

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Hostel owners ask students to pick property

Kampala, Uganda |  THE INDEPENDENT | Hostel proprietors around Kyambogo University have started calling up students to pick up their property, saying they can no longer keep it. A number of students left their property in the privately owned hostels when government announced the closure of all learning institutions in the …

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COVID-19 hit families to benefit from UGX 36B direct cash giveaways

Gulu, Uganda |  THE INDEPENDENT | A total of 120,000 families in Uganda whose livelihoods have been negatively affected by Coronavirus Disease (COVID-19) pandemic will benefit from USD 10 million, approximately 36 billion Shillings’ direct cash transfers. The programme, implemented by GiveDirectly, a nonprofit organization that lets donors send money to …

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