Kampala, Uganda | THE INDEPENDENT | Airtel Uganda Ltd shares commenced trading on the Uganda Securities Exchange this week amidst concern over the apparent lack of interest by Ugandans in investing in equities. The company’s Initial Public Offer attracted a 54.45 percent subscription, a sharp contrast with the IPOs of …

Kigali, Rwanda | Xinhua | The growing impact of climate change requires cooperation to ensure sustainable management of natural resources, Chinese and Rwandan scholars and experts said Wednesday during an international forum on the environment. The sixth International Conference on Environment, Energy and Development in Kigali, Rwanda’s capital, was co-organized …

Rio de Janeiro, Brazil | Xinhua |  In a historic first, Brazil’s state-owned oil company Petrobras has succeeded in processing 100 percent soybean oil into biofuel, the company announced Wednesday. “The Riograndense Petroleum Refinery (RPR) has accomplished a historic achievement by successfully processing 100 percent soybean oil in a fluid …

Ibanda, Uganda | THE INDEPENDENT | Gunfire rocked Ibanda municipality on Wednesday evening when police fired in the air and used teargas to disperse a group of agitated Christians attempting to vandalize Depths Ministries Church Kafunjo cell, Bufunda Division. The demonstration followed the death of Scovia Akankunda, who reportedly took …

Kampala, Uganda | THE INDEPENDENT | Following a 24th October 2023 High Court ruling that dfcu Bank had illegally transferred to itself 48 properties belonging to Meera Investments, after it took over tycoon Sudhir Ruparelia’s Crane Bank, the Lands Ministry has cancelled all the said land titles. As a result, dfcu …

Lusaka, Zambia | THE INDEPENDENT |  Axiom Zorn, an AgriTech startup also dealing with Information Synergy, Data Mastery, and Credit Scoring to transform Agriculture, Health, and Education for last mile users in Uganda has emerged victorious at the Alpha Pitch Competition held recently at the 10th Africa Fintech Summit in …

Mbarara, Uganda | THE INDEPENDENT | Alauterio Ntegyereize, the Senior Legal Officer of Mbarara City has formally requested council to engage external lawyers to address the city’s case backlog. According to a report presented to the City Executive Committee, Mbarara City Council is currently dealing with over 40 cases dating …

Gulu, Uganda | JULIUS OCUNGI  | On a bright Sunday morning in Rwot Obilo village, Owor Sub-County in Gulu district, Justine Nantume, a small-scale farmer is busy weeding her one-acre rice garden, some 18 km outside the bustling Gulu city. Adjacent to this rice garden is Nantume’s maize farm sitting …

Kampala, Uganda | THE INDEPENDENT | The Constitutional Court has dismissed an application in which Dr. Sylvester Onzivua, a pathologist, challenged a two-year time frame within which one can sue the government. A panel of five Constitutional Court Justices unanimously ruled that there was nothing unjust or illegal about the …

Katosi, Uganda | THE INDEPENDENT | The National Water and Sewerage Corporation (NWSC) has asked Parliament to support their request for sh421.9 billion to facilitate the expansion of water supply to households in the Kampala Metropolitan Area. Engineer Silver Mugisha, the NWSC Managing Director, made the request in a meeting …