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Intra-African trade values hit US$192 billion

However, this trade performance remains modest compared to regions like Asia and Europe. ANALYSIS | ISAAC KHISA | Intra-African trade recorded an improvement in the past year but remained relatively low compared to other regions, according to Afreximbank’s African Trade Report 2024, titled “Climate Implications of the AfCFTA Implementation.” The report, …

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Amina Atako wins sh10m in Daily Lotto

Bombo, Uganda | THE INDEPENDENT | Amina Atako, a 45-year-old single mother of six from Muni village, Arua District, took home a life-changing sh10,063,100 in the Uganda National Lottery draw (DAILY LOTTO) on Friday, June 14th, 2024. “I felt both joy and shock,” Amina expressed upon realizing her newfound fortune. She …

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MTN completes listing of 20% public float

Kampala, Uganda |  THE INDEPENDENT | MTN Uganda’s sale of shares left over from its 2021 Initial Public Offering was oversubscribed by almost 100%, the telecom executives said on June 13. The company received applications for 3 billion shares against 1.6 billion shares on offer, The shares sold represent 7.03% of …

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IFAD, FlexiPay campaign eases remittances to Uganda

Kampala, Uganda | THE INDEPENDENT | Ahead of the International Day of Family Remittances on Sunday, the UN’s International Fund for Agriculture Development (IFAD) has launched a new program to ensure easier transmission of money from other countries into Uganda. In a partnership with FlexiPay, a digital payment platform of Stanbic …

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PS Ggoobi tips private sector on opportunities in Uganda budget

Kampala, Uganda | THE INDEPENDENT | The Finance Ministry Permanent Secretary and Secretary to Treasury Ramathan Ggoobi has outlined budget opportunities in the UGX 72Trillion Budget for the Financial Year 2024/25, urging private sector players to take advantage of them. This, he said while delivering a keynote speech during the …

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