INTERVIEW | Sylvia Mulinge, the Chief Executive Officer of MTN Uganda, has embraced the mantra “Unstoppable” as a key message in her leadership. On January 28, she held an engaging discussion with a small group of reporters to unpack what this mantra means for MTN Uganda and the broader telecom sector. …
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However, the country’s financial sector remains relatively illiquid and lacks the product diversity seen in more advanced markets such as South Africa and Mauritius Kampala, Uganda | JULIUS BUSINGE | Uganda has maintained its position as one of Africa’s top financial markets, ranking fourth in the 2024 Absa Africa Financial Markets …
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INTERVIEW | Uganda Insurers Association (UIA) is boosting insurance uptake with initiatives like the ‘Gonza Future’ campaign promoting life insurance. Patrick Kimathi, UIA’s Life and Pensions Chair and UAP Oldmutual MD, discussed this with Julius Businge and here in the excerpts. Can you briefly tell us about the Uganda Insurers Association …
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The country’s investment promotion agency licensed 426 planned investment projects valued at Shs9.63tn in the FY 2023/24 Kampala, Uganda | JULIUS BUSINGE | The Uganda Investment Authority (UIA) is seeking Shs173.9billion for the Financial Year 2025/2026 to cover wage and non-wage expenditures, with the bulk of the money, Shs161.5billion in already …
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Uganda Electricity Distribution Company Limited to take over from Umeme effective April 1, 2025 Kampala, Uganda | JULIUS BUSINGE | Uganda government is taking a significant step towards securing its energy future with the state-owned Uganda Electricity Distribution Company Limited (UEDCL) set to take over electricity distribution from Umeme, marking the …
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Kampala, Uganda | JULIUS BUSINGE | The Uganda Revenue Authority (URA) has reported a remarkable performance in its half-year revenue collection, surpassing its target for the July to December 2024 period. The tax authority collected Shs15.25trillion against the target of Shs 14.93 trillion, registering a surplus of Shs 322 billion and …
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Kampala, Uganda | Julius Businge | M-Net’s Pearl Magic Prime (DStv Ch. 148 & GOtv Ch. 303) has announced the launch of Tamara My Wife, an enthralling Ugandan drama series set to premiere on 6th January 2025, at 10:00 PM. The company said this captivating show will take over the prime- …
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Uganda’s total population as of May 2024 stood at 45,905,417, reflecting an average annual growth rate of 2.9% since 2014. Kampala, Uganda | JULIUS BUSINGE | The Uganda Bureau of Statistics (UBOS) has released the final results of the National Population and Housing Census 2024, offering a detailed snapshot of …
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However, infrastructure gaps in remote mining areas continue to hinder resource accessibility and operational efficiency Kampala, Uganda | JULIUS BUSINGE | Uganda’s extractive industry marked a year of significant strides in 2024, with advancements in mining and oil and gas shaping the sector’s outlook. Bolstered by government initiatives, increased investment, and …
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Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic performance in 2024 highlighted its ability to navigate global and domestic challenges while leveraging opportunities to bolster growth. Strategic efforts in inflation management, interest …
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The Independent Uganda: You get the Truth we Pay the Price