This development is anticipated to lead to a decline in cement prices, which have risen from Shs 28,000 in 2018 to currently exceed Shs 33,000, varying by manufacturer and application Kampala, Uganda | JULIUS BUSINGE | Uganda has granted a 21-year Large-Scale Mining License LML0344 to Sunbird Resources Limited to mine …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …