KAMPALA, UGANDA | Julius Businge | In a high-level convergence of business, diplomacy, and strategic vision, Uganda Airlines hosted the Uganda–UK Trade and Business Forum at the Sheraton Kampala Hotel on April 16. The event marks a defining moment in Uganda’s aviation and economic landscape as the national carrier prepares …
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Inside Uganda’s struggle to make insurance work for the ordinary citizen Kampala, Uganda | JULIUS BUSINGE | By the time Agnes Nakato’s (not her real name) husband died in a road accident, she had no idea that his employer’s life insurance policy could have supported their three school-going children. “No one …
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Uganda’s tax overhaul draws praise—and alarm—from civil society Kampala, Uganda | JULIUS BUSINGE | A coalition of over 50 civil society organizations under the Tax Justice Alliance Uganda (TJAU) has raised critical concerns over the Government of Uganda’s proposed Tax Amendment Bills for the 2025/26 financial year, warning that certain changes …
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Industry leaders at the Climate Finance Conference call for robust policies, enhanced capacity, and innovative products to embed sustainability in Uganda’s financial system Kampala, Uganda | JULIUS BUSINGE | Financial experts have called on banks and financial institutions to strengthen their commitment to green financing by implementing clear policies, enhancing human …
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Reports estimate that trade-based money laundering costs Uganda over $6.6 billion annually Kampala, Uganda | JULIUS BUSINGE | Financial experts have called for sustained collaboration between Uganda’s public and private sectors to strengthen the country’s anti-money laundering (AML) framework, following its recent removal from the Financial Action Task Force (FATF) Grey …
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The oil and gas industry is inherently high-risk, involving massive investments, operational hazards, and environmental concerns. Kampala, Uganda | JULIUS BUSINGE | The Insurance Consortium for Oil and Gas Uganda (ICOGU) has emerged as a critical player in Uganda’s rapidly evolving energy sector, providing tailored insurance solutions to address the …
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KAMPALA, UGANDA | Julius Businge | Just three months after its launch, the National Social Security Fund’s (NSSF) flagship voluntary savings product, Smartlife Flexi, has surpassed Shs5 billion in savings, with informal sector micro-savers leading the charge. Praised for its flexibility, the product targets informal sector workers and the self-employed, while …
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KAMPALA, UGANDA | Julius Businge | In a bid to promote gender inclusivity in Uganda’s financial markets, the Uganda Securities Exchange (USE), under the leadership of CEO Paul Bwiso, hosted the Ring the Bell for ALL Women and Girls event in Kampala recently. Organized in partnership with UN Women and other …
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Structural defects and contractor delays now threaten Uganda’s energy future Kampala, Uganda | JULIUS BUSINGE | The Isimba Hydropower Dam, a flagship project in Uganda’s energy sector, was envisioned as a cornerstone of the country’s long-term development goals. Commissioned in 2019, the 183MW facility was meant to provide affordable and reliable …
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The telecom firm recorded a 19.5% increase in service revenue to Shs 3.1 trillion, fueled by a 30.5% rise in data revenue and 22.8% growth in fintech earnings Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has delivered a 30.1% surge in net profit to Shs 641.5billion for FY 2024, a …
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The Independent Uganda: You get the Truth we Pay the Price
