Stanbic Uganda Holdings Ltd, Centenary Bank, and Absa Bank Uganda accounted for 60% of the industry’s aggregate profit Kampala, Uganda | THE INDEPENDENT | Uganda’s supervised financial institutions including commercial banks, micro-deposit-taking institutions (MDIs), and credit institutions, recorded a combined profit of Shs1.4 trillion for the year ending June 2024, a …
Read More »
Recommitment to Secure and Fortify Our Diversity as we reflect on our national identity COMMENT | Gertrude Kamya Othieno | As Uganda marks 62 years of independence today, October 9, 2024, in Busia District, the theme “Recommitment to Secure and Fortify Our Diversity” offers a powerful lens through which we can …
Read More »
Kampala, Uganda | LOUIS JADWONG | “We have the most comprehensive census data ever collected in Uganda,” a statistician of the Gen Z Generation who works at UBOS, has assured The Independent. In his mid-20s, and likely one of the youngest at UBOS – the principal data collecting, processing, analysing and disseminating …
Read More »
COMMENT | DAVID MUWONGE | Just as blood donations can save a mother facing complications during childbirth, breast milk donations and ‘milk banks’ are more than able to do the same for a child. According to the World Health Organization (WHO), breastfeeding is one of the most effective ways …
Read More »
Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda and Prudential Uganda have concluded a strategic partnership aimed at deepening access to financial services and providing long-term financial security solutions to customers. This collaboration marks a significant milestone in both organizations’ commitment to enhancing financial inclusion and delivering …
Read More »
Kampala, Uganda | IAN KATUSIIME | At the 13th mineral wealth conference organized by Uganda Chamber of Mines and Petroleum, there was an urgent call from everyone: we need more funding. A national mining company is in the works and so investors are positioning themselves to tap into the country’s …
Read More »
How EU agreed to delay deforestation-free coffee export directive to December 2025 COVER STORY | RONALD MUSOKE | Sustained pressure from both within the European Union and coffee-producing countries such as Uganda has compelled the EU to extend the implementation of its Deforestation Regulation directive by 12 months. The ban is now …
Read More »
Kenya wins third straight Africa Region IV tourney in Rwanda Kigali, Rwanda | LOUIS JADWONG & AGENCIES | Kenya rode to a third straight victory at the prestigious Africa Region IV Championship at Kigali Golf Resort and Villas in Rwanda on Sunday, thanks to some breath-taking golf from reigning Kenya amateur champion …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank has recorded a fourfold increase in income, reaching Shs 1.2 trillion for the fiscal year ending June 30, 2024. This significant growth, as detailed in the Bank of Uganda’s Annual Report for FY 2023/24, marks a substantial rise from the Shs 277.8 …
Read More »
Kampala, Uganda | THE INDEPENDENT | The government has reechoed its efforts in promoting coffee growing in Northern Uganda as it aims to achieve its ambitious plans of producing 20 million bags of coffee by 2030. Eunice Kabibi, the acting Managing Director of the Uganda Coffee Development Authority (UCDA) told …
Read More »
The Independent Uganda: You get the Truth we Pay the Price