Kampala, Uganda | THE INDEPENDENT | Indian based Venture Capitalists, Aavishkaar Capital (Aavishkaar) in partnership with KfW, a German state-owned investment and development bank, have unveiled US$ 250 million “ESG First Fund” focused on strengthening the Environmental, Social and Governance (ESG) practice of mid-cap businesses while offering them flexible capital …
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Kampala, Uganda | THE INDEPENDENT & URN | The joint venture partners in Uganda’s Oil and Gas sector have made the Final Investment Decision (FID) today. “The milestone marks a firm commitment from the IOCs to proceed with Uganda’s oil and gas projects and launches the major construction works,” Energy …
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Busia, Uganda | THE INDEPENDENT | The traffic situation at the Busia border post on the Uganda-Kenya border has now normalized, while the backlog at the Malaba post is due to be cleared by the end of this week, according to Uganda Revenue Authority (URA). This follows more than two …
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The innovation will rescue farmers who, for many years, have suffered losses Kampala, Uganda | ISAAC KHISA | Airtel Uganda has unveiled Airtel Cares, an initiative set to support communities with digitalised agriculture, health and education services. The telco on Jan.24 rollout digitalised agriculture value chain services in partnership with …
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This increases the insurer’s market share to 12.8% with gross written premiums of Shs41.7bn Kampala, Uganda | ISAAC KHISA | South African based financial services provider, Sanlam Emerging Markets (Sanlam) has continued with the expansion spree in Uganda, with the latest information indicating that its life insurer, Sanlam Life Insurance, …
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Kampala, Uganda | THE INDEPENDENT | The Nakawa Magistrates Court on Monday issued criminal summons for former Presidential candidate Robert Kyagulanyi Ssentamu over allegations of being in possession of a falsified driving permit. It follows a case filed before the Court by private prosecutor Hassan Male Mabirizi-Kiwanuka on 12 …
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Kampala, Uganda | THE INDEPENDENT | City lawyer Hassan Male Mabirizi-Kiwanuka has filed a case suing the government over the re-appointment of Johnson Byabashaija, the Commissioner-General of Uganda Prisons. He also wants the same court to review the appointment of Major General Geoffrey Tumusiime Kasigazi as the Deputy Inspector …
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Lugazi, Uganda | THE INDEPENDENT | The State Minister for Trade, Industry and Cooperatives Fredrick Ngobi Guma has advised sugarcane transporters in Lugazi Municipality to consider taking loans from Micro Finance Support Center to avoid high rates of interests. The minister made the remarks while meeting haulers who were …
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Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Directorate-CID is holding John Mwangutsya, the director of Crypto Bridge African Limited that is suspected to have defrauded Ugandans from different parts of the country of over Sh3 billion. CID Spokesperson, Charles Twine, says Mwangutsya reportedly defrauded more than 1,000 Ugandans …
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Kampala, Uganda | THE INDEPENDENT | Katwe Police Division is holding two suspects on allegations of strangling a man to death and dumping his body in a septic tank. The Kampala Metropolitan Deputy Police spokesperson, Luke Owoyesigyire has identified the suspects as Naomi Tumwine and Norman Muhangi, both residents of …
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