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The Independent

A TikTok deal China will love

COMMENT | Angela Huyue Zhang | After four extensions of the statutory deadline to ban TikTok or force its Chinese owners to divest, US President Donald Trump has now signed an executive order transferring the app to US ownership. The announcement follows years of diplomatic sparring, bureaucratic maneuvering, repeated efforts by federal …

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U.S. energy department terminates hundreds of clean energy projects

WASHINGTON | Xinhua | The U.S. Department of Energy on Thursday announced the termination of 223 projects, most of them clean energy and renewable initiatives funded under the Biden administration. In a press release, the department said that it had identified 321 financial awards supporting 223 projects that it decided …

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Absa Bank Uganda strengthens Uganda’s Capital Markets with reintroduction of Custody Services 

Kampala, Uganda | THE INDEPENDENT |  In a strategic move intended to provide institutional investors with secure, efficient, and compliant solutions to safeguard their assets and facilitate seamless investment operations, Absa Bank Uganda has today reintroduced its custody services. Officials say it marks a significant milestone in the bank’s commitment to …

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NMS warns of looming vaccine shortage

Kampala, Uganda | THE INDEPENDENT | The National Medical Stores (NMS) has warned of a looming shortage of vaccines for children following the imposition of  a 2.5 per cent Value Added Tax on medical supplies which took effect on 01 July 2025. This revelation was made by the General Manager of …

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Museveni fronts flat approach for cattle compensation plan

Otuke, Uganda | THE INDEPENDENT |  President Yoweri Kaguta Museveni has said government is considering a flat-rate cattle compensation plan across northern Uganda, a proposal he has discussed with leaders in Lango, Teso and Acholi sub-regions. Speaking at campaign rallies in Alebtong and later in Otuke District on Thursday, Museveni …

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Vivo Energy Uganda gives CoRSU Walk 2025 Shs10 Million boost

Kampala, Uganda | THE INDEPENDENT |  Vivo Energy Uganda has announced a sponsorship of Shs10 million towards the CoRSU Walk 2025, reaffirming its commitment to healthcare through community investment. This marks the second consecutive year that the marketer and distributor of Shell fuels and lubricants is supporting the fundraising event …

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