In The Magazine

  London, UK | THE INDEPENDENT | The UK Government has stepped down from funding Financial Sector Deepening Uganda (FSDU) and handed over that role to the Bill and Melinda Gates Foundation, it said on June 15 in a media statement. Since 2015, the UK Government has invested Shs85billion (£17m) …

 The program is voluntary and is based on the informed assessment and judgement of the participating financial institutions Kampala, Uganda | THE INDEPENDENT | Fifteen Ugandan banks have signed onto the TradeClear platform to ease and boost interbank trade within the country. TradeClear is an interbank trading platform managed by …

Microsoft stops supporting infamous browser NEWS ANALYSIS | AGENCIES | Tech giant Microsoft on June 15 stopped supporting the Internet Explorer web browser after nearly 27 years. By June 16, a day after the official end of the browser, the #RIPInternetExplorer hashtag was trending. “Sad to see it go,” tweeted …

  Egis Road Operation was in May last year awarded a contract by Uganda National Roads Authority to operate and maintain the 26.2KM Kampala – Entebbe Expressway. It is expected to collect toll fees on behalf of government and provide high quality road management adding value to road users. The …

U.S. and Russia lead nuclear arms race with 90% of all nuclear weapons NEWS ANALYSIS | IAN KATUSIIME | The Russian invasion of Ukraine in February sparked fears of a direct confrontation between two of the world’s greatest superpowers, U.S. and Russia. The fears intensified because the two nations have …

  A huge chunk of 2022/23 Shs48.1tn budget will go to the usual sectors of works and transport, security, health and education NEWS ANALYSIS | ISAAC KHISA | Uganda’s national budget, read on June.14, has drawn mixed reactions from various players, with manufacturers partly welcoming it but the civil society …

NSSF in partnership with VISA and Centenary Bank unveiled the smartcard for its member, a first in Sub-Saharan Africa. Thembeka Ngugi, Senior Director, Marketing – Sub Saharan Africa, Visaspoke to The Independent about the latest innovation and the digital transaction space. ****** What does this partnership between VISA, NSSF and …

America’s opportunities and main challenge as it seeks to contain China from dominating Asia THE LAST WORD | ANDREW M MWENDA |  In the April 17th column (see: “Aiding the enemy: How US involvement in the Russia-Ukraine conflict is helping the rise of China to surpass America as the world’s …

The new card will replace the laminated membership cards with more functions allowing members access more services Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund in partnership with Visa and Centenary Bank on June.16 unveiled a three-in-one social security smart card that embeds NSSF functionality, bank functionality and …

Investigation questions UPDF mission in DR Congo COVER STORY | IAN KATUSIIME | First, place a joint force of the Uganda army and forces of the DR Congo government in rebel infested but mineral rich North Kivu region of that vast country. Not far off, set up a camp for …