In The Magazine

Bank of Uganda projects the economy to grow at 6% in FY2023/24 up from 5.2% a year before Kampala, Uganda | ISAAC KHISA | Uganda’s consumers recorded a 7.8% increase in borrowings for the three months to October, while lenders’ approval rate for loans in value terms decreased since July 2023, …

Host country agreement singed as Pharmaceutical Technology Foundation gets underway ANALYSIS | AGENCIES | Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly on Dec. 18 as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for …

As more countries tear up visa requirements, major African markets are beginning to record rising numbers in Intra-Africa tourism, a trend expected to extend through 2024 SPECIAL REPORT | BIRD AGENCY | African countries are set to record an increase in tourism numbers in 2024, as more countries continue to open …

Kampala, Uganda | THE INDEPENDENT | Greater customer numbers during December fed through to higher new orders and business activity as the headline monthly Stanbic Purchasing Managers Index (PMI) rose to 54.8 from 53.4 in November, the lender said on Jan.10. This was the highest reading since June 2023 and above …

Kampala, Uganda | THE INDEPENDENT | Microsoft has announced the biggest change to its keyboards in three decades with the introduction of an artificial intelligence (AI) key, the BBC reported on Jan.04. The key will allow users to access Copilot, Microsoft’s AI tool, on new Windows 11 PCs. Microsoft is a …

Project is part of moves by Gulf countries to establish themselves as Africa renewable energy market leaders Dubai, UAE | AGENCIES | African Trade & Investment Development Insurance (ATIDI) announced its intent to support the 20 MW Ituka West Nile Uganda Ltd solar project developed by AMEA Power, a Dubai-based Independent …

ART | PETER KIMANI | East African literature continues to grow and reshape itself in exciting new ways. The world really did take notice of the region when Tanzanian-British author Abdulrazak Gurnah won the Nobel Prize for Literature in 2021. Interest in Gurnah’s work continued last year when he made a …

The company’s financial performance for the fiscal year 2022/2023 demonstrated robust growth, with a remarkable 63% increase in revenue, reaching Shs343.7 billion Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Generation Company Limited (UEGCL) is poised for transformative growth and sustainability as it implements its strategic plan for the period …

New LoP highlights justice for missing persons and NUP’s desire to take over power  Kampala, Uganda | IAN KATUSIIME | Nakawa West MP Joel Ssenyonyi took office as the Leader of Opposition on Jan.9, starting a journey that will see the first-term MP steer the Opposition agenda into the 2026 elections. …

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Commission, established under Article 87A of the Constitution, has been fully constituted with the endorsement of the Leader of the Opposition and four back bench Commissioners. Joel Ssenyonyi takes up the mantle of the Leader of the Opposition, replacing Mathias Mpuuga. Mpuuga will …