A deregulated electricity market allows for the entrance of competitors to buy and sell electricity by permitting market participants to invest in power plants and transmission lines Kampala, Uganda | THE INDEPENDENT | Electricity consumers will have the right to choose their electricity provider, regardless of who controls the physical …
Read More »MUSEVENI: There will be no ebola lockdown
Kampala, Uganda | Xinhua | President Yoweri Museveni on Friday ruled out an Ebola lockdown, urging the public to concentrate on work. “People should go ahead and concentrate on their work without worry,” Museveni said in a tweet. The president, however, said the public should be more vigilant and observe the …
Read More »IN THE INDEPENDENT: Ebola lockdown fear
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Ebola lockdown fear: Lessons from COVID show it’s a bad idea THE LAST WORD A return to Rwanda Part 3: Why how Rwandans tend public spaces with dedication and care shows they see …
Read More »Uganda, Zimbabwe satellite goes into space this weekend
Team Uganda | Engineers
Edgar Mujuni
Bonny Omara
Derrick Tebusweke Wallops Island, Virginia, USA | THE INDEPENDENT, NASA & URN | First satellites from Uganda and Zimbabwe go to the Space Station this weekend under a Joint Global Multi-Nation Birds Satellite program (BIRDS). The Cygnus spacecraft will carry them …
Gov’t seeks repayments from South Sudan
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 …
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