Kampala, Uganda | JULIUS BUSINGE | French Development Finance Institution, Proparco has arranged a US$30m senior debt facility to support dfcu bank in bridging the long-term financing gap for small businesses. Proparco extended financing of US$15m alongside US$15m from FMO (the Dutch Development Bank) to dfcu. The facility is primarily earmarked …

Kampala, Uganda | JULIUS BUSINGE | Patrick Byabakama Kaberenge, a seasoned banker and retired auditor has been re-appointed as the 11th Chairman Board of Directors for the National Social Security Fund. His new contract, alongside other nine members runs for the next three years. The Independent’s Julius Businge spoke to him …

There is an opportunity for private sector players to invest in Uganda’s power sector as government moves to connect more people to the national grid. Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako, the Chief Executive Officer at the Electricity Regulatory Authority has told The Independent on the sidelines of a …

Kampala, Uganda | JULIUS BUSINGE | Care, a humanitarian and development organization hopes to use twitter platform to make a contribution towards the fight against gender based violence in Uganda and beyond. The organisation’s top officials for Uganda told journalists in Kampala on Dec.10 that through the #HearMeTooUG Twitter Town Hall, …

Kampala, Uganda | JULIUS BUSINGE | The Uganda Women’s Network (UWONET) wants government, civil society and other partners to invest more resources in the fight against Gender Based Violence (GBV). They said in a joint press statement issued at their secretariat in Ntinda on Dec.10, that they are deeply concerned that …

Kampala, Uganda | JULIUS BUSINGE | Fodor’s Travel, the internationally-recognized guidebook publisher and travel authority has featured Uganda on its annual Go List as one of the 52 destinations to visit in 2019, according to a press statement issued by Uganda Tourism Board on Dec.10. The Fodor’s website is published out …

Kampala, Uganda | JULIUS BUSINGE | The Chinese government is funding the connection of 500 Ugandan villages to satellite TV in an effort to boost digital coverage and increase access to information. The funding is part of the US$10million project intended to boost access to satellite TV for 10,000 African villages. …

Kampala, Uganda | JULIUS BUSINGE | Prime Minister Ruhakana Rugunda is optimistic that the synergy between the tourism and coffee sub-sectors will be instrumental to getting Uganda’s economy to middle income status. Rugunda was speaking as Chief Guest at the first annual Coffee and Tourism Symposium and Exposition at Golden Tulip …

Kampala, Uganda | JULIUS BUSINGE | There is an urgent need to prioritise the revisions on the proposed minimum wage bill to protect the interests of employees and boost their morale at work according to Eunice Musiime, the executive director for Akina Mama wa Afrika, a feminist-Pan-African leadership development organization. Musiime …

Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority must install big scanners at all entry and exit points to boost revenue collection, according President Yoweri Museveni. President Museveni, who was speaking during the recently concluded symposium dubbed ‘first science model workshop’ organised by URA in partnership with the African Tax …