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               Kampala, Uganda | THE INDEPENDENT |  Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued role in fostering economic resilience and sustainable growth across key sectors of the economy. In …

Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on. State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and after the construction of the refinery. The government of Uganda plans to …

Kampala, Uganda | THE INDEPENDENT | Uganda’s digital technology innovation industry is still one of the virgin employment areas for Uganda’s young innovators, with a capacity to handle millions of engineers, according to Aminah Zawedde, the Permanent Secretary at the ICT and National Guidance Ministry. Zawedde, says that while Uganda …

Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline Company (EACOP) and Makerere University have entered a memorandum to build learners’ skills. The memorandum signed on Tuesday will mainly benefit learners from the College of Engineering, Design, Art, and Technology- (CEDET). Under the memorandum, Makerere University is …

Moroto, Uganda | THE INDEPENDENT | At least 1723 children have been withdrawn from mining areas in Moroto and Nakapiripirit districts since 2019. The Karamoja sub-region has long struggled with high rates of child labor among children aged 7 to 16, with many coming from child-headed families. To address this …

MWANZA, Tanzania | Xinhua |  Peter Ngonyani, a 35-year-old resident of Kigongo, near the Kigongo-Busisi ferry on Lake Victoria in Tanzania’s northwestern Mwanza region, is all smiles. As a father of three, he has lived in the area for over 20 years and is excited to see the completion of …

BEIJING | Xinhua |  After technological advances in the artificial intelligence (AI) industry marked by large language model (LLM) fever since 2022, Chinese firms in the rapidly advancing sector have cemented their position as major players and are intensifying efforts to narrow the gap with forerunners. According to a SuperBench …

Kampala, Uganda | THE INDEPENDENT | The National Social Security (NSSF) says it ended the financial year 2023/2024 on a good note, having surpassed their set targets. The Fund’s Managing Director, Patrick Ayota said a preliminary analysis shows that performance on the key indicators will surpass annual targets. “We have …

Kampala, Uganda | THE INDEPENDENT | The Appointments Committee of Parliament vetted the Auditor General-designate, Edward Akol. Sources in the Committee chaired by the Speaker of Parliament, Annette Anita Among say they overwhelmingly recommended that the President appoint Edward Akol for the job. Akol is expected to replace Uganda’s long-serving …

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has developed a strategic plan to ensure that accountants play transformational roles in the communities. The plan says accountants should demonstrate their relevance in communities other than only keeping books of accounts. During the opening of …