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IEA Chief: Oil and gas demand to fall by 2030

SPECIAL REPORT | THE INDEPENDENT | The International Energy Agency Chief Dr. Fathi Birol has insisted that global oil and gas demand will start to fall before 2030, marking the “beginning of the end” of the fossil fuel era. The International Energy Agency (IEA) in November last year raised hopes of an end …

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UDB champions collaborative development financing

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank on April.17 convened a pivotal roundtable with key global financial leaders to discuss the enhancement of national development banks in Africa on the sidelines of the International Monetary Fund (IMF) and World Bank Spring Meetings in Washington DC. The discussions aimed to …

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BNI Expo to connect businesses and create opportunities

  Kampala, Uganda | THE INDEPENDENT |  Uganda’s business community is set to strengthen its connections and seize new opportunities as Business Network International (BNI) Uganda hosts the BNI Expo, scheduled to take place on May 31 and June 1, 2024, at the UMA Show Grounds in Lugogo. The Expo …

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Police storm Equity Bank after attempted robbery

Soroti, Uganda | THE INDEPENDENT |  Police have arrested a security guard attached to SGA Security after they stormed Equity Bank Soroti Branch this morning after a reported attempted robbery last night. Police spokesman Fred Enanga confirmed the incident, saying that an attempt was made to rob Equity Bank in Soroti City and a …

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Great Lakes Energy wins legal battle over Kabulasoke Solar Project

Kampala, Uganda | THE INDEPENDENT | Great Lakes Energy Company NV, a subsidiary of GL Africa Energy Limited (GLAE), has secured victory in its ongoing legal dispute with its local partners, Bryan Xsabo Strategy Consultants (Uganda) Limited, Mola Solar Systems (Uganda) Limited and Consicara Global Investors Limited over the Kabulasoke Solar …

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Uganda advances Anti-Counterfeit law

Kampala, Uganda | PATRICIA AKANKWATSA | The government’s enactment of the Anti-Counterfeit Goods Bill signifies an important step towards safeguarding intellectual property, fostering fair competition, and ultimately, protecting Ugandan consumers. However, stakeholders acknowledge that the true efficacy of the legislation rests on stakeholder collaboration. Fred Muwema, Chairman of the Anti-counterfeit …

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UEGCL moves to enhance operational efficiency

The company’s shift towards an Operation and Maintenance (O&M) model supports its vision to become “Africa’s leading electricity-generating utility Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Generation Company Limited (UEGCL) has unveiled an Internal Performance Contract for the Namanve Thermal Power Plant (TPP), marking a significant step in its strategic …

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