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Experts share mixed views relating to fiscal discipline, tax, growing debt COVER STORY | JULIUS BUSINGE | As Finance Minister Matia Kasaija ascended the podium at Kololo Independence Grounds on June 13 to unveil the FY2024/2025 National Budget, the air was thick with anticipation. The nation waited with bated breath, eager …

Jinja, Uganda | THE INDEPENDENT |  DHL, a global leader in the logistics industry in collaboration with Absa Bank Uganda under the 2024 ‘Growing Beyond Borders’ Entrepreneurial Training Programme have trained over 200 SME’s in Jinja to build their capacity to access export markets. “SMEs tend to focus predominantly on …

Seoul, South Korea | THE INDEPENDENT | Uganda and the Republic of Korea signed a $500 million (Shs1.9 trillion) loan Framework Agreement, marking a significant boost to bilateral relations and economic cooperation. The signing ceremony, coinciding with the conclusion of the First Korea-Africa Summit, took place at the Korean Ministry …

Jinja, Uganda | THE INDEPENDENT | Kiira Motors Corporation Thursday delivered a batch of eight  8-Meter Kayoola EVS buses produced at Luweero Industries Limited in Nakasongola to the Kiira Vehicle Plant in Jinja, bringing the total stock of Electric Buses produced in Uganda to fifteen 15. This has signalled Kiira …

Marrakech, Morocco | THE INDEPENDENT | Young Ugandan entrepreneurs have won major deals with Asian technology companies, at the Global IT Exhibition (Gitex) Africa 2024 in Morocco. The three are part of a 15-strong delegation of Ugandan startups from the Youth Startup Academy Uganda (YSAU), and Hive Colab which has played …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s corporate social responsibility arm, MTN Foundation, has overseen the graduation of 112 youths in Computer Applications User Occupation, as it continues to expand digital skills among young people across the country. The third cohort of trainees under the MTN Girls in Tech …

  Kampala, Uganda | PATRICIA AKANKWATSA | Transcultural Psychosocial Organisation Uganda (TPO Uganda) has announced the appointment of Peter Okwi as its new Country Director. Okwi, who brings a wealth of experience in mental health and psychosocial support, will lead the organisation in its mission to improve mental health services …

Kampala, Uganda | THE INDEPENDENT | Makerere University Business School-MUBS together with Multilines International Limited have signed a Memorandum of Understanding (MOU) that will among others create practical opportunities for the students. It is hoped that the initiative will promote academic excellence, especially in logistics and freight industries in the country. …

Kampala, Uganda | THE INDEPENDENT | People who primarily earn their living from employment have been advised not to be excited about their alternative economic initiatives (side hustles) before they decide to quit their jobs. This advice was given by Denis Ngabirano, the proprietor of Sumz Food Company, a renowned snacks …

Multinationals are opening a new battle front to shape the development, use, and governance of artificial intelligence in Africa, as African countries rush to create their own AI policies. SPECIAL REPORT | BIRD AGENCY | Global technology giants including Microsoft, IBM, Huawei, Nvidia, and Google are lining up to tap …