Thursday , November 7 2024

The Independent

World’s 20 fastest-growing economies in 2024

Uganda listed among Africa countries dominating the list, according to the African Development Bank ANALYSIS | AGENCIES | Africa dominates list of the world’s 20 fastest-growing economies in 2024, according to a macroeconomic report the African Development Bank says in its latest macroeconomic report. The African Development Bank Group said in …

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132KV Gulu Agago power line commissioned

New project will save Uganda $2.5m of monthly energy costs Kampala, Uganda | IAN KATUSIIME | Power supply in northern Uganda could finally be stable and efficient after Uganda Electricity Transmission Company Limited (UETCL) commissioned a 132KV transmission project at the Agago sub-station in Pader District. Named the Gulu Agago power …

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Uganda exits FATF grey list, bolstering global financial reputation

Initial listing in 2020 followed accusations of an inadequate commitment to tackling money laundering activities and terrorist financing Kampala, Uganda | THE INDEPENDENT | Uganda has been officially delisted from the Financial Action Task Force’s (FATF) “grey list,” a catalog of jurisdictions under scrutiny for inadequate measures against money laundering and …

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NCBA Unveils Enhanced Premier Banking Offering

Kampala, Uganda | JULIUS BUSINGE | On Feb.22, NCBA Bank unveiled its revamped Premier Banking offering, targeting premier banking customers, prospects, and high-value stakeholders. The key features of the enhanced offering include extended banking hours at select branches, allowing customers to enjoy greater convenience. Additionally, customers now have access to online …

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Mubiru blames KCCA FC loss to Kitara on recklessness

Kampala, Uganda | THE INDEPENDENT | KCCA FC loss to Kitara FC has been attributed to recklessness of the players. KCCA endured yet another tough evening at their home ground, MTN Omondi Stadium in Lugogo when they lost 1:0. The match had presented KCCA FC with a crucial opportunity to turn …

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NEMA assures Busoga on special program before eviction from wetlands

Jinja, Uganda | THE INDEPENDENT | The Executive Director of National Environmental Management Authority-NEMA, Akankwasa Barirega has said that the eviction of wetland encroachers in the Busoga sub-region will not commence until alternative income generation activities have been put in place. Akankwasa who was addressing Busoga leaders in Jinja City said …

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