Kampala, Uganda | THE INDEPENDENT | Private sector players, government and other key stakeholders are set to meet at the 5th Economic Mkutano – organized by the Mkutano Company – to be held on Feb.23 in Kampala to deliberate on the opportunities related to the green economic zones for the private …
Read More »Return of IFAD gives Somalia hope
We will become food secure again, says President Muhamud Kampala, Uganda | RONALD MUSOKE | Somalia might be on the brink of famine following five consecutive failed rainy seasons but President Hassan Sheikh Muhamud recently told the annual Governing Council of the International Fund for Agricultural Development (IFAD) meeting in Rome …
Read More »UDB records 52% surge in loan portfolio to Shs1.2tn
Eight regional training sessions targeting 1,130 SMEs were conducted in different parts of the country in preparation for access to credit Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank, the country’s national development finance institution has reported a 52% surge in loan portfolio to Shs1.2trillion for the year ended December …
Read More »Tesla CE Elon Musk donates US$2bn
Kampala, Uganda | THE INDEPENDENT | Tesla Chief Executive Elon Musk says he donated around $1.95bn (£1.6bn) worth of shares in his electric carmaker to charity last year, according to BBC. The donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift”. The filing did …
Read More »MTN Foundation programme receives 410 youths
Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s corporate social responsibility arm, MTN Foundation, has welcomed 410 youths in the inaugural cohort of the MTN ACE initiative meant to sharpen skills of fresh graduates, those in and out of school, innovators, entrepreneurs and tech-driven start-ups to become self-reliant and contribute to …
Read More »MultiChoice trains film makers
Kampala, Uganda | THE INDEPENDENT | On Feb.14, MultiChoice Uganda kicked-off the first of the three training workshops as part of Pearl Magic Prime’s 2nd-anniversary celebrations with a training for filmmakers on social media and personal branding. Being a content creator can be very worthwhile, but also an isolating experience. With …
Read More »Kampala road works kick-off
Kampala, Uganda | THE INDEPENDENT | Construction and maintenance work on most city roads undertaken by KCCA kicked off this week. Speaking on Monday, KCCA Executive Director Dorothy Kisaka urged the public to stop criticizing the works insisting they are still on course with the construction and rehabilitation of roads. The forward …
Read More »BoU keeps the central bank rate unchanged at 10%
Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank maintained the Central Bank Rate at 10% saying it is still effective to control the rise in inflation, bring stability to the lending and exchange rate, and drive economic growth. Uganda Bureau of Statistics reported at the end of last month that …
Read More »Uganda’s Foreign Affairs PS Bagiire, and Kenyan counterpart meet in Nairobi
Kampala, Uganda | THE INDEPENDENT | Uganda’s Permanent Secretary, Ministry of Foreign Affairs, Vincent Bagiire Waiswa met with the Principal Secretary for Foreign Affairs of Kenya, Dr Korir Singoei, at the Ministry of Foreign and Diaspora Affairs in Nairobi on 10th February 2023. Bagiire congratulated Kenya on the successful elections held …
Read More »`Zangalewa’ global music legend dies at 71
Kampala, Uganda | THE INDEPENDENT | One of Cameroon’s most influential music stars – Jean-Paul Zé Bella – passed away on 15 January at the age of 71 after a battle against cancer. The singer and drummer was a founding member of the band Zangalewa and performed with it until he …
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