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 …
Read More »EU deforestation law means uncertainty for African coffee
Ethiopia and Uganda already developing strategies to meet the EU’s new requirements ANALYSIS | AGENCIES | Many African smallholder coffee farmers, who primarily sell their harvest to European markets, now find their main source of income in jeopardy. In 2023, the European Union (EU) established mandatory rules for companies dealing in …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »What are the hidden motives behind U.S. refusal to stop two ongoing fights?
It is a combination of factors, including the U.S. strategic interests for global dominance and the lucrative war business. BEIJING | Xinhua | Over the weekend, the full-scale war in Ukraine has hit a two-year mark, and the Palestinian death toll in the Gaza conflict is nearing 30,000. Two ongoing …
Read More »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 …
Read More »Hundreds turn up for free eye surgery camp at Mulago hospital
Kampala, Uganda | THE INDEPENDENT | More than 100 patients turned up for free eye surgery at Mulago National Referral Hospital. The one week camp was organized in conjunction with Eye Health Africa UK. Dr. Jacob Ntende an Ophthalmologist at Mulago Hospital said that during the camp they focused on patients …
Read More »Early voting for Russian presidential election begins in remote areas of Far East
VLADIVOSTOK | Xinhua | Early voting in remote areas for the Russian presidential election has begun in the regions of the Far East, local media reported on Sunday. Quoted by Russia’s TASS news agency, Igor Shamraev, deputy chairman of the regional electoral commission of Kamchatka, said that about 30,000 people …
Read More »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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