Kampala, Uganda | THE INDEPENDENT | Security within Kampala City, and the greater Kampala area has been tightened, with highly visible and non-visible manpower already in place, Uganda Police has revealed. This in time for the Non-Aligned Movement plus the G 77 +China summits starting today to 23rd January 2024. There will be a hive …
Read More »Ugandan association of oil and gas service providers urged to raise standards
Kampala, Uganda | THE INDEPENDENT | The Association of Oil and Gas Providers in Uganda has warned that it is not easy for Ugandans to supply the sector. Association of Uganda Oil and Gas Service Providers (AUGOS) Vice Chairman, Dennis Kamurasi says while one can be excited about winning the …
Read More »Africa’s motorcycle taxis on the electric horizon
Motorcycle taxis are on the rise in various African markets, thanks to low electrification costs and efficiency in last-mile transportation and experts are calling for incentives to accelerate the electrification initiative. SPECIAL REPORT | BIRD AGENCY | Motorcycle taxis, a dominant transportation force in Africa, have substantial potential for electrification …
Read More »Uganda milk exports double
Kampala, Uganda | THE INDEPENDENT | Uganda’s milk production grew by 37 percent to 3.85 billion litres in the year 2022/2023, against the odds like drought in some production areas. The Ministry of Agriculture, Animal Industry and Fisheries reports that on the other hand, the export value increases by …
Read More »Patricia Nshemereirwe is new Chief Operating Officer, Absa Bank Uganda
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced the appointment of Patricia Nshemereirwe as its Chief Operating Officer. Nshemereirwe is a seasoned financial services professional with 20 years of experience in the banking and financial services industry. She brings significant experience to her new role, taking leadership …
Read More »Private sector register better performance at year end
Kampala, Uganda | THE INDEPENDENT | The year 2023 ended on a higher note for the private sector as companies registered more demand for their goods and services in the month of December. This according to both the Uganda Bureau of Statistics and the Stanbic Purchasing Managers Index (PMI), which compile …
Read More »DFCU managers to stand trial in Crane bank case in UK court
Kampala, Uganda | THE INDEPENDENT | DFCU Bank Ltd and its former managers will now stand trial in the UK following the loss of a bid to bar legal action in the London courts brought against them by Crane Bank Ltd. The Supreme Court of the United Kingdom in London on …
Read More »Why Uganda shilling is strongest in East Africa
Kampala, Uganda | THE INDEPENDENT | The Uganda Shilling ended the year 2023 on a stronger note, having stabilized against the US Dollar, and did better than its peers in the East African Community, according to analysts. The currency strength has fluctuated between 3,767 and 3,815 to the US dollar over …
Read More »New cash, tech fuel growth and investors in Africa’s green cement industry
Innovative cement technologies that cut emissions and utilise local materials are entering Africa, where the green cement market is forecast to hit $867.9 million in four years. SPECIAL REPORT | BIRD AGENCY | Africa’s green cement market is poised for rapid growth as new technologies and investors seek to tap …
Read More »Museveni orders independent probe into Madi Okollo URA shooting
Madi Okollo, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has called for an independent investigation into a shooting incident involving Uganda People’s Defense Forces-UPDF soldiers attached to the Uganda Revenue Authority (URA) enforcement team. The incident resulted in the death of one person and left four others injured …
Read More »