Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has licensed two more financial solutions under the Sandbox regulatory framework, as it implements laws aimed at promoting financial inclusion and safety. A regulatory sandbox is a framework set up by a financial sector regulator to allow small-scale, live …
Read More »UCC launches anti-illegitimate communication devices campaign
Kampala, Uganda | Patricia Akankwatsa | The Uganda Communications Commission (UCC) on 02 August officially launched the Anti-Illegitimate Mobile Communication Devices Campaign in Uganda. The campaign seeks to draw public attention to and discourage the use of such devices. Under Section 5(k) of the Uganda Communications Act 2013, the Uganda Communications …
Read More »ON THE WAY: Oil rigs for Kingfisher oilfield
Beijing, China | THE INDEPENDENT | Key parts of a modern drilling rig customized by CNOOC International for Uganda’s Kingfisher oilfield, has left the port of Yantai in China for East Africa. The most advanced Chinese oil drilling equipment in the world was shipped to Uganda after a brief ceremony last …
Read More »China launches new group of remote sensing satellites
Xichang, China | Xinhua | China successfully launched a new group of remote sensing satellites from the Xichang Satellite Launch Center in southwest China’s Sichuan Province. The satellites were launched Friday as the third group of the Yaogan-35 family at 9:28 p.m. (Beijing Time) by a Long March-2D carrier rocket …
Read More »UN aviation body ranks Kenya second best in airport security in Africa
Nairobi, Kenya | Xinhua | The International Civil Aviation Organization (ICAO) has ranked Kenya the second best in the continent in terms of airport security, the country’s civil aviation authority announced on Saturday. The Kenya Civil Aviation Authority (KCAA) said in a statement released in the Kenyan capital Nairobi that …
Read More »YOTV unveils redesigned YOTV App
Kampala, Uganda | PATRICIA AKANKWATSA | YOTV Channels has unveiled a new state-of-the-art redesigned video streaming app. The new app expands its current offering from a few options to a large variety of live and video-on-demand content covering over 60 live TV channels, over 50 live radio stations, over 140 artists …
Read More »Is Uganda Airlines back on track?
COMMENT | DEREK NSEKO | The global travel industry is roaring back in 2022. Despite some pockets of severe COVID-19 related restrictions and mounting economic pressures resulting from a skyrocketing oil price, travel has been resilient in its efforts for a comeback this year. People simply want to travel again and …
Read More »NRM mobliser charged for insulting Mukono Deputy Town Clerk on WhatsApp
Mukono, Uganda | THE INDEPENDENT | The National Resistance Movement-NRM mobliser for Mukono South Constituency Richard Kateregga Mivule has appeared before court for insulting Mukono Municipality deputy town clerk on a whatsapp group. Katerega was arrested by police on Thursday and appeared before the Mukono Grade I Magistrate, Stephen Waidhuba for …
Read More »Experts warn Uganda, EAC to go slow on Digital Services Tax
Kampala, Uganda | THE INDEPENDENT | Experts have cautioned Uganda and other East African countries to go slow on the implementation of taxation of digital services. This comes as the countries prepare to join 133 others around the world to implement the Digital Services Tax (DTS) in line with the …
Read More »Innovation key to the future of the pension sector
Kampala, Uganda | THE INDEPENDENT | Uganda’s Retirement Benefits Sector is yet to expand coverage to all working citizens to enable them save for retirement, with confidence and without coercion. Currently, only 2.8 million Ugandans are covered under a retirement plan, with the majority of them under the mandatory NSSF. …
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