WINDHOEK | Xinhua | Namibia is on track to become one of Africa’s leading oil producers by 2035, potentially producing more than half a million barrels of oil per day, an official said on Wednesday. This development could see the country displace Egypt from the top five oil producers on …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Breweries Managing Director (MD) Andrew Kilonzo has called upon government to drive usage of the Digital Tax Stamps(DTS) by all targeted users. Kilonzo made the statements during a media engagement withbusiness reporters and editors in Kampala early in the week. He said that …
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Kampala, Uganda | THE INDEPENDENT | Pay tv firm, MultiChoice is offering its Ugandan subscribers a price discount for its GOtv Supa+ package until Nov. 10, 2024. GOtv Supa Plus, which was previously Shs 110,000, is now retailing at Shs 90,000, offering new customers the opportunity to get immersed in the …
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Katakwi, Uganda | Patricia Akankwatsa | The Food and Agriculture Organization of the United Nations (FAO) is making significant strides in improving poultry farming in the Teso sub-region of Uganda. Through a comprehensive initiative aimed at building climate resilience and ensuring food security for smallholder farming households, FAO is providing farmers …
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Despite their lower populations and economic sizes, investors are increasingly attracted to the stability and well-regulated environments of a number of Africa’s “smaller” markets like Rwanda. SPECIAL REPORT | BIRD AGENCY | Small African economies are punching above their weight to emerge as the most attractive to investors, bolstered by …
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Kampala, Uganda | THE INDEPENDENT | Robinnah Nakajjubi, had lost all dreams of ever being an electrical installation technician. Her journey from a hopeful student to a skilled tradeswoman is a testament to determination, the power of community, and the transformative potential of educational opportunities. Nakajjubi’s journey to electrical installation started …
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Kampala, Uganda | THE INDEPENDENT | Centenary Bank has opened a new branch in Buliisa district in western Uganda, expanding its network to 81 branches. This new branch aims to serve the broader community in Bunyoro region, which is experiencing a fast increase in economic activity stimulated by the Oil and …
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Parametric insurance has grown in popularity in recent years, with the World Economic Forum recently describing it as a potential “game changer” for mitigating disaster risk ANALYSIS | AGENCIES | Liberty Mutual Reinsurance (LM Re) has partnered with Kenyan financial services provider Britam and farming-focused insurtech Sprout to offer a parametric insurance …
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Three important weaknesses that have impeded progress and way forward ANALYSIS | VERA SONGEWE & ISHAC DIWAN | The recent protests in Kenya reflect the frustrated aspirations of young people for higher-quality social services and better economic opportunities. It also highlights the difficulty – in Kenya, and across the developing …
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The bank’s low-cost payment solution, FlexiPay, now boasts over 900,000 clients and is gaining traction in both transaction numbers and volumes Kampala, Uganda | THE INDEPENDENT | Stanbic Holdings Uganda Ltd (SUHL) recorded 17.6% growth in profit after tax to Shs 235.5 billion for the first half of 2024 on the …
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The Independent Uganda: You get the Truth we Pay the Price
