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National Boda-Boda Union retreat attracts 1,215 district leaders

Gen Saleh hails Uganda’s Boda-Boda Industry as it charts path to formalization and economic sustainability at the National Leadership Retreat Gulu, Uganda | THE INDEPENDENT |  Uganda’s vibrant yet largely informal boda-boda industry has taken a bold step toward formalization and economic empowerment with the successful hosting of the First National …

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Deposit Protection Fund reviewing limit for depositors

  Kampala, Uganda | THE INDEPENDENT | The Deposit Protection Fund (DPF) is considering reviews to enhance its operational mandate of providing statutory protection to account holders in commercial banks. The reviews seek to increase the fund’s protection limit for depositors with account balances over 10 million shillings in commercial …

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BOU launches remittance monitoring tool as inflows grow

Kampala, Uganda | THE INDEPENDENT | Companies dealing in remittance services are now required to report data on their transactions weekly to the Bank of Uganda (BOU), under a newly developed system. The Central Bank has developed a new data collection approach regarding diaspora remittances, where all remittance service providers …

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🟥NEW POPE: IT IS POPE LEO XIV

It is Cardinal Robert F. Prevost who has been serving as the Prefect of the Dicastery for Bishops. Vatican, Rome | VATICAN NEWS | The 133 Cardinal electors gathered in the Vatican’s Sistine Chapel have elected a new Pope. Pope Leo XIV, 69 years old, has just appeared at the central window …

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NCHE accredits MMU to offer PhD program

KAMPALA, UGANDA | THE INDEPENDENT | The National Council for Higher Education-NCHE has accredited Mountains of the Moon University to offer a PhD program in Agro-Ecological Sciences. It is the first PhD program to be undertaken by the University. NCHE has also accredited the university to offer more academic programs …

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