Kampala, Uganda | THE INDEPENDENT | Uganda has written to the Government of South Sudan seeking reimbursement of funds paid to Ugandan traders and companies on behalf of South Sudan. In 2018, Parliament endorsed government’s request to clear Shs151 billion owed to Ugandan traders and companies by the South Sudan government. …
Read More »PostalPay to slash cost of sending money from Europe to Uganda
Remittance inflows to Uganda stood at US$1.08 billion in 2021 Kampala, Uganda | RONALD MUSOKE | Uganda’s rural population will now be able to access key financial services through a new mobile application known as PostalPay. The app developed by cross border payment companies –Inpay and Eurogiro – in …
Read More »Legal reforms behind Uganda’s insurance boom
The sector has also benefitted from a strong regulator Kampala, Uganda | ISAAC KHISA | Uganda’s insurance sector is more than seven decades old but momentous growth has only been recorded in the last 10 years as multinational and local insurers scramble for a pie of the emerging market. Big insurers …
Read More »ADDRESS: Tshisekedi says DRC choosing peace over war
US hails Kenya’s Ruto for sending troops to DRC Kinsahasa, DRC | THE INDEPENDENT & XINHUA | President Félix Antoine Tshisekedi Tshilombo has addressed the nation over the unrest in east of the Democratic Republic of the Congo (DRC), and said despite disagreement with Rwanda, he has chosen peace over war. …
Read More »URA collects Shs5.4trillion in first quarter of FY2022/23
But it reported revenue shortfall in withholding tax, temporary road license and export levy | THE INDEPENDENT | Uganda Revenue Authority collected net revenue amounting to Shs5.4trillion against a target of Shs5.1trillion for the three months ending September 30, representing a Shs286billion surplus. This represents a 105.58% improved performance and …
Read More »Tapping into global energy transition
EAC governments advised to take advantage of huge demand for ‘critical minerals’ Kampala, Uganda | RONALD MUSOKE | As demand for the so-called critical minerals which are needed to power renewable energy plants and hi-tech transport systems around the world gathers pace, the big question is whether East Africans can …
Read More »Congo war nears Uganda
Local and foreign-backed forces wage war over mineral riches Some residents of the eastern Democratic Republic of Congo simply call it la guerre sans fin — the war without end. One morning in August, Abigael Bahati felt it in her skin as she searched for cassava leaves close to the …
Read More »Museveni must sign GMO law
And other implications of Kenya’s new law on Uganda ANALAYSIS | THE INDEPENDENT | Kenya’s neighbours have begun reacting to its recent move to allow cultivation and importation of Genetically Modified Organisms (GMOs) with moves that could lead to a slew of new legislation either for or against the cultivation, …
Read More »Kireka police unit pack bags, heading back to CID headquarters
Kampala, Uganda | THE INDEPENDENT | Officers deployed at the Kireka-based Special Investigations Unit/Division (SIU/D) have started packing their bags to relocate to the Criminal Investigations Directorate -CID headquarters in Kibuli on the directive by the Inspector General of Police, Martin Ochola. According to information obtained by our reporter, Ochola directed …
Read More »ACP-EU Summit: Uganda to oppose abortion, homosexuality proposals
Maputo, Mozambique | THE INDEPENDENT | Uganda’s delegation to the joint parliamentary Assembly of the Organisation of the African, Caribean, and Pacific States and the European Union led by Deputy Speaker of Parliament Thomas Tayebwa, has stated that it will oppose plans to make them adopt and adapt to homosexuality. Tayebwa said Uganda …
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