Jinja, Uganda | THE INDEPENDENT | Police in Kiira region, is investigating circumstances under which fire gutted the supplies department at Kakira sugar works limited, in Kakira town council in Jinja District. The fire emitted heavy flames which spilled over to surround the whole supplies department building at around 9.00Pm, …
Read More »Tullow to stand with Africa on oil and gas investments
London, UK | THE INDEPENDENT | Tullow Oil says it will continue operations in Africa despite plans by other operators to shift from the continent. The Anglo-Irish Oil and gas operator has over 30 licenses across eight countries in Africa and South America. It was once the lead investor in …
Read More »DRC suspends Rwanda Air flights, makes M23 accusations
Kinshasa, DRC | THE INDEPENDENT | The government of the Democratic Republic of Congo (DRC) has suspended all Rwanda Air flights from Kigali, after accusing the Rwanda Government of supporting M23 rebels. “In view of the Rwanda‘s support for the M23 terrorists, it has been decided to immediately suspend Rwandair flights …
Read More »Cellulant wins Award for Excellence in Embedded Fintech
Cellulant processes $300,000 worth of payments daily in Uganda and facilitates $1b in transaction volume every month across different payment channels in Africa. Kampala, Uganda | THE INDEPENDENT | Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech …
Read More »Airtel-K2 partnership expanded to Masaza
Kampala, Uganda | THE INDEPENDENT | Airtel Uganda in partnership with K2 Telcom has announced the enhancement of the network services with the aim of boosting customers’ experience and expanding the reach of the partnership. This was revealed at a press briefing held today at Bulange in Mengo May 26, 2022. …
Read More »Africa coffee industry seeks to succeed without foreign influence
Kampala, Uganda | THE INDEPENDENT | African coffee-producing countries have gathered in Nairobi to chart ways of improving the continent’s coffee sector and cushion it from global shocks. These include the effects of pandemics, trade barriers, and market dynamics like unfair taxes and trade restrictions among others. The first G25 Coffee …
Read More »USAID: Oil will not help Uganda if corruption remains high
Kampala, Uganda | THE INDEPENDENT | The United States Agency for International Development-(USAID) has raised concern over corruption in the country, saying that if the vice isn’t fought, the long anticipated oil money may not benefit the country. Richard Nelson, the USAID Country Director told a meeting organized by the Inspectorate …
Read More »COSASE ponders criminal summons after Finance Minister Kasaija snubs committee
Kampala, Uganda | THE INDEPENDENT | Lawmakers on Commissions, Statutory Authorities and State Enterprises – COSASE were on Thursday morning left upset after the Minister of Finance, Planning and Economic Development Matia Kasaija failed to appear before them for the second time, without giving any reason. Led by Joel Ssenyonyi, the …
Read More »FunaRide takes on Uber, Bolt with car-sharing service in Uganda
Kampala, Uganda | THE INDEPENDENT | FunaRide, a local ride-hailing firm, has unveiled a car-sharing service across the country as it seeks to grow its revenue stream. Unlike Uber and Bolt, the new app will connect drivers and passengers in the same area code heading to the same direction. Susan Mugyenyi, …
Read More »‘Economy expected to grow by 6.0 per cent’
Kampala, Uganda | THE INDEPENDENT | Uganda’s economy is projected to grow at six per cent in the next financial year 2022/2023, according to the Minister of State for Finance in charge of General Duties, Henry Musasizi. Musasizi who was on Wednesday, 25 May 2022 appearing before the Committee on National …
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