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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Ugandan businesses urged to adopt robust risk mitigation strategies
Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan business leaders have been urged to make a strategic shift towards proactive risk management. Key speakers called for a change in strategey, at a recent breakfast forum co-hosted by Marsh, a global leader in insurance broking and risk management, and the American Chamber …
Read More »AfDB secures US$7.3million fertilizer deal for African farmers
Despite its critical role in food production, fertilizer use remains significantly low in sub-Saharan Africa Kampala, Uganda | RONALD MUSOKE | The Africa Fertilizer Financing Mechanism (AFFM) has secured a CAD$10 million (US$7.3 million) funding commitment from Global Affairs Canada, aimed at enhancing food production and increasing income for about 800,000 …
Read More »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 …
Read More »Traders call off strike, for now, after government agrees to additional demands
Manufacturers claim EFRIS is a good initiative but poorly implemented Kampala, Uganda | THE INDEPENDENT | Thousands of traders, who had shut their shops in Kampala and other towns, called off their strike on April 20, claiming a tentative victory following a meeting with President Yoweri Museveni. President Museveni agreed to …
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