NAIROBI | Xinhua | The African economy has maintained a steady growth in 2024, demonstrating resilience and potential despite global challenges such as geopolitical conflicts and growing protectionism. Over the past year, African countries have intensified domestic reforms while promoting global cooperation. These efforts have resulted in significant advancements in …
Read More »ROLL INTO NEW YEAR: Sh100million today to usher in 2025
ITHUBA Uganda announces life-changing sh100 Million POWERBALL Rolldown to ring in the New Year Kampala, Uganda | THE INDEPENDENT | Today, December 31st is the day of the highly anticipated year-end POWERBALL Rolldown of UGX 100 million. This extraordinary opportunity awaits players if the sh1.2 billion POWERBALL jackpot remains unwon during …
Read More »Airtel Uganda hosts partners breakfast to strengthen network collaboration in Festive Season
Kampala, Uganda | THE INDEPENDENT | Airtel Uganda, a leading 4G telecommunications network held its annual Partners Breakfast Meeting at its Bugolobi offices bringing together over 13 major network partners to reaffirm their shared commitment to delivering exceptional telecommunication services during the festive season and beyond. The event showcased …
Read More »Extractive industry sees strong growth, pivots toward sustainability
However, infrastructure gaps in remote mining areas continue to hinder resource accessibility and operational efficiency Kampala, Uganda | JULIUS BUSINGE | Uganda’s extractive industry marked a year of significant strides in 2024, with advancements in mining and oil and gas shaping the sector’s outlook. Bolstered by government initiatives, increased investment, and …
Read More »For poorest economies, next 25 years could prove decisive
Without course correction, 20 of 26 countries would remain poor through 2050 ANALYSIS | AGENCIES | The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to more than 40 percent of people struggling on …
Read More »Tz receives 264 Chinese-made cargo wagons for electric trains
Tanzania’s $10bn SGR is an electrified medium-speed line that will eventually connect the commercial capital of Dar es Salaam with the densely populated Great Lake states of Burundi, Rwanda and Uganda DAR ES SALAAM | Xinhua and Agencies | The Tanzania Railways Corporation (TRC) said Wednesday that it had received …
Read More »Uganda’s economy exhibited resilience amidst global challenges in 2024
Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic performance in 2024 highlighted its ability to navigate global and domestic challenges while leveraging opportunities to bolster growth. Strategic efforts in inflation management, interest …
Read More »Rethinking medical insurance: A path to sustainability
Uganda’s rising loss ratio signals urgent need for a shift to preventive care to strengthen medical insurance business Kampala, Uganda | ISAAC KHISA | Uganda’s medical insurance sector has experienced significant growth over the past decade, with gross written premiums increasing from Shs 33.6 billion in 2013 to Shs 196.1 billion …
Read More »NCBA monthly mug concludes with a thrilling mug of mugs finale
Kampala, Uganda | THE INDEPENDENT | The NCBA Uganda Monthly MUG came to an exciting close this past on Dec.21 with the much-anticipated Mug of Mugs event at Mary Louise Simkins Golf Club, Namulonge. After months of intense competition, the final leg of the Monthly Mug attracted a host of golf …
Read More »FUNDING: Hope for African women entrepreneurs
Female-led firms are demonstrating their creditworthiness with little or no collateral, as development financiers and commercial lenders start to increase their support for women entrepreneurs through gender strategies, custom bank accounts with accessible requirements, and empowerment programs. SPECIAL REPORT | BIRD AGENCY | Africa has the highest proportion of women …
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