In The Magazine

  Remittance inflows to Uganda stood at US$1.08 billion in 2021 Kampala, Uganda | RONALD MUSOKE | Uganda’s rural population will now be able to access key financial services through a new mobile application known as PostalPay. The app developed by cross border payment companies –Inpay and Eurogiro –  in …

The Bank’s investment portfolio improve 15% to Shs1.8tn | THE INDEPENDENT | Uganda Development Bank Ltd (UDB) has reported that it disbursed loans worth Shs237bn in the third quarter of 2022, lower than Shs333bn that was approved in the period under review, it said in a media release dated Oct.28. …

The sector has also benefitted from a strong regulator Kampala, Uganda | ISAAC KHISA | Uganda’s insurance sector is more than seven decades old but momentous growth has only been recorded in the last 10 years as multinational and local insurers scramble for a pie of the emerging market. Big insurers …

But it reported revenue shortfall in withholding tax, temporary road license and export levy | THE INDEPENDENT | Uganda Revenue Authority collected net revenue amounting to Shs5.4trillion against a target of Shs5.1trillion for the three months ending September 30, representing a Shs286billion surplus. This represents a 105.58% improved performance and …

Research shows content rules on Twitter help preserve free speech from bots and other manipulation | FILIPPO MENCZER | Elon Musk’s acquisition of Twitter on Oct. 27, 2022 has triggered renewed debate about what it means for the future of the social media platform, which plays an important role in …

EAC governments advised to take advantage of huge demand for ‘critical minerals’ Kampala, Uganda | RONALD MUSOKE | As demand for the so-called critical minerals which are needed to power renewable energy plants and hi-tech transport systems around the world gathers pace, the big question is whether East Africans can …

Local and foreign-backed forces wage war over mineral riches Some residents of the eastern Democratic Republic of Congo simply call it la guerre sans fin — the war without end. One morning in August, Abigael Bahati felt it in her skin as she searched for cassava leaves close to the …

Kenya recently lifted a ban on the cultivation and importation of genetically modified crops amid the worst drought in 40 years and soaring food prices. This includes white maize, the country’s main staple. The decision was welcomed by scientists who see GM crops as the answer for food security. But …

And other implications of Kenya’s new law on Uganda ANALAYSIS  | THE INDEPENDENT | Kenya’s neighbours have begun reacting to its recent move to allow cultivation and importation of Genetically Modified Organisms (GMOs) with moves that could lead to a slew of new legislation either for or against the cultivation, …

Kampala, Uganda | THE INDEPENDENT | Pesapal, a payment solutions provider has held an engagement activity with its tourism and hospitality sector customers to bolster digital transformation in the industry, it said on Oct.20. Held in Kampala under the theme; ‘Adapt and thrive’, the event organisers aimed at discussing ways that …