French super major call for tenders to supply 500,000 tonnes of green hydrogen per annum Kampala, Uganda | RONALD MUSOKE | French energy giant TotalEnergies has initiated a step toward its goal of decarbonizing its European refineries by issuing a call for tenders to secure an annual supply of 500,000 tonnes …
Read More »South Korea-Africa cooperation
Seoul commits US$600 million to Africa’s energy, agriculture Kampala, Uganda | RONALD MUSOKE | South Korea has injected US$600 million into the development of Africa’s energy and agricultural sectors as the call to have close to 600 million Africans get access to an electricity grid gathers pace across the continent. The …
Read More »BAT Uganda’s revenue decline
COVID-19 and harsh regulations blamed Kampala, Uganda | RONALD MUSOKE | Cigarette distributor, British American Tobacco (BAT) Uganda executives have attributed the company’s recent drop in revenue to the lingering impacts of the COVID-19 pandemic and stringent tobacco control regulations enforced by the government. In their half-year performance report ending June …
Read More »Forex trading: Why the first hour of trading day matters
Period after lunch but before last hour of trading day is least preferred among all asset classes Kampala, Uganda | RONALD MUSOKE | The first hour of the trading day is the most favoured time to execute trades globally, across all asset classes, according to a survey published on Aug.30 by …
Read More »Deals or empty promises at Nairobi climate summit?
Over US$23bn committed to Africa but not everyone is happy Kampala, Uganda | RONALD MUSOKE | While opening the inaugural Africa Climate Summit at the Kenyatta International Conference Centre in Nairobi on Sept.4, President William Ruto referred to it as “no ordinary summit.” Ruto said the organisers of the conference, Kenya …
Read More »Uganda has remained a relatively stable country for so many years. But can it last?
INTERVIEW | The ominous parting words of Elin Østebø Johansen, the outgoing Norwegian Ambassador to Uganda. Before leaving the country on Aug.15, she spoke to The Independent’s Ronald Musoke about the highlights of her four-year tour of duty in Uganda. What impressions are you leaving Uganda with? I have been the …
Read More »Stanbic Bank, IFAD ink deal for Ugandan migrants money transfer
Average cost of sending money back home for Uganda’s migrant workers is 11.3%, higher than global average Kampala, Uganda | RONALD MUSOKE | Uganda’s largest lender, Stanbic Bank Uganda, has entered into a new partnership with the UN’s International Fund for Agricultural Development (IFAD) to assist Ugandan migrant workers abroad in …
Read More »‘You’re not our bosses’
African civil society organisations tell off international partners Kampala, Uganda | RONALD MUSOKE | Partnerships between global conservation organizations and their African-led counterparts might be critical to conservation efforts in Africa but they face challenges over power relations, transparency, and mismatched interests, according to a new report. Published on Aug.31 by …
Read More »The Independent’s Musoke tops two categories at Uganda Journalism Awards
✳ Environmental reporting award ✳ Urbanisation, land and property reporting award Kampala, Uganda | THE INDEPENDENT | The Independent’s Ronald Musoke has been recognised as the country’s top journalist in two categories at the Uganda National Journalism Awards 2023 organised by the African Centre for Media Excellence (ACME). At a colourful ceremony …
Read More »Ecobank, AMREF ink deal to evacuate patients around East Africa
Bank’s customers will be provided with convenient access to fast, affordable, and quality air and ground evacuation services in the event of medical emergencies Kampala, Uganda | RONALD MUSOKE | The Kenyan subsidiary of the pan-African financial institution, Ecobank, has entered into a partnership with the African Medical and Research Foundation …
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