Uganda, too, is keen on attracting foreign investment and is in the process of planning a citizenship-by-investment program to enhance FDI and provide opportunities for economic growth SPECIAL REPORT | BIRD AGENCY | Until recently, foreigners seeking Namibian residency through the country’s residency-for-investment scheme famously had to purchase real estate …

Kampala, Uganda | THE INDEPENDENT | The suspension by Bank of Uganda (BOU) of the operations of Pivot Payments Ltd has raised fresh regulatory questions regarding Uganda’s financial sector. The Central Bank on Thursday suspended the licenses of the company, citing Section 13 of the National Payment Systems Act, 2020. The …

SPECIAL REPORT | BIRD AGENCY | Data analysis platform Statista estimated in 2021 that there were more than 2000 active African languages. Technological advancements like AI translation tools are helping to harness the power of language beyond celebrating cultural heritage. However, an understanding of the unique features of key languages …

Mbarara, Uganda | THE INDEPENDENT |  Mbarara City Council has resolved to hire the services of the Ibanda District Service Commission to conduct the recruitment of staff. During a council meeting held at the city council hall, the councilors unanimously resolved to hire the services in a bid to enhance …

UNITED NATIONS | Xinhua | UN Secretary-General Antonio Guterres on Thursday condemned the killing of more than 100 Palestinians waiting for aid in northern Gaza, said his spokesman. “The secretary-general condemns the incident today in northern Gaza in which more than 100 people were reportedly killed or injured while seeking …

Kampala, Uganda | THE INDEPENDENT |  Legislators have expressed discontent over the reported fraud surrounding disbursement of funds under the Parish Development Model (PDM) to beneficiaries. MPs are primarily concerned with the Wendi mobile Application used by Post Bank to transfer funds to beneficiaries, which is said to have been …

Entebbe, Uganda | THE INDEPENDENT |  East Africa’s oldest club today welcomes top golfers from the region for the prestigious 14th Entebbe Ladies Open at the par 71, lake side course. Lady golfers from Kenya, Tanzania and Rwanda are expected to take part in the tournament that will run until Saturday. …

  Retirement benefits schemes contributed taxes amounting to UGX235 billion to the government  in 2023, up from UGX227 billion in 2022. ✳ 10% increase in total pensions assets to sh22 trillion ✳ People saving for retirement, up from 3,015,807 to 3,142,311  ✳ URBRA’s supervisory actions led to recovery of UGX 26 billion …

Kampala, Uganda | THE INDEPENDENT | Letshego Uganda, a subsidiary of Letshego Africa Holdings Ltd and Turaco Insurance Brokers has partnered with Sanlam Uganda to provide affordable health insurance coverage to all Letshego customers. Announced on Feb.27, the partnership aims to help mitigate health-related financial risks in line with Letshego’s …

Kampala, Uganda | THE INDEPENDENT |  Lawmakers have voted against a government Bill intended to dissolve the National Information Technology Authority Uganda and move its functions to the Ministry of Information, Communication, Technology and National Guidance. The National Information Technology Authority, Uganda (Amendment) Bill, 2024, was one of several bills …