Octagon Africa, a regional financial services provider offering pension and insurance service entered Uganda’s pension market in 2013, and now holds about US$100million in assets under its management. The firm’s CEO Fred Waswa spoke to The Independent’s Isaac Khisa on a wide range of issues in the pension industry. What …
Read More »UTB unveils plan to boost tourism receipts
The country hopes to earn US$1.862billion next financial year Kampala, Uganda | THE INDEPENDENT |Â Uganda Tourism Board has launched a six-month promotion campaign to further market destination Uganda to increase sector receipts as the world emerges from COVID-19 restrictions. UTB Chief Executive Officer, Lilly Ajarova, said on Jan.15 that the …
Read More »URA sees better revenue collections a head
The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …
Read More »Fighting home-grown terrorists
Security experts say attacks on Kampala woke them up, want IGAD regional strategy Kampala, Uganda | RONALD MUSOKE | Director of the Security Sector Programme of the Intergovernmental Authority on Development (IGAD), Commander Abebe Muluneh Beyene is always on the look-out for terrorist activity. He records attacks. And he has …
Read More »Opposition MPs walk out of parliament
But do the goons torturing Ugandans and their NRM supporters care? Kampala, Uganda | MUBATSI ASINJA HABATI | Opposition MPs made a bold statement on Feb.03 by marching out of a sitting plenary session of parliament in protest against, what they say, is increasing torture of Ugandans by security agents …
Read More »Gas is fast becoming the new oil
With oil and gas production declines presenting newfound challenges for Africa, stakeholders are pushing for enhanced exploration to help mitigate this trend. Despite global calls to transition to renewable energy sources, Africa still needs its oil and gas reserves if it is to meet its development goals and make energy …
Read More »Refugees and environmental degradation
Eliminating misconceptions and offering solutions Kampala, Uganda | ISAAC KHISA | With 1.5million refugees, Uganda is the top refugee-hosting country on the African continent and one of the top five hosting countries in the world. Although the country has a relaxed policy which allows refugees to live outside camps, the …
Read More »America’s reckless bullying
 How Washington’s disregard of Russia’s security concerns risks war over a misguided obsession with liberal democracy THE LAST WORD | ANDREW M. MWENDA | The crisis in Ukraine is threatening world peace. Russia has amassed over 100,000 troops at the Ukrainian border. America and her NATO allies claim it …
Read More »TotalEnergies, CNOOC sign off $10bn Uganda oil project
First oil expected in 2025 Kampala, Uganda | RONALD MUSOKE | Finally, the international oil companies, TotalEnergies SE and the China National Offshore Oil Corporation (CNOOC) announced they are ready to produce oil in Uganda in a US$10 billion project. Reaching this point had taken a whopping 15 years of …
Read More »IN THE INDEPENDENT: The $10billion Uganda oil project
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY TotalEnergies, CNOOC sign off US$10bn Uganda oil project: First oil expected in 2025 THE LAST WORD America’s reckless bullying: How Washington’s disregard of Russia’s security concerns risks war over a misguided obsession with …
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