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ULS members clash over Kiggundu, DTB Supreme Court case

Kampala, Uganda | THE INDEPENDENT | Members of the Uganda Law Society have clashed over the pending appeal in the Supreme Court where  businessman Hamis Kiggundu is seeking to recover 120 billion shillings from Diamond Trust Bank Uganda and Diamond Trust Bank Kenya. The pending appeal in the Supreme Court …

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SACCOs offer big opportunity to market insurance

BoU data shows members’ deposits stood at Shs.884.96 billion, while shares and other equity amounted to Shs.865.61 billion and Shs.1.471 trillion Kampala, Uganda | ISAAC KHISA | Local insurers in Uganda, just like their counterparts across Africa, are leveraging on bancassurance, agents and their physical outlets to increase insurance sales and …

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Kalita abandons service along Northern Bypass route

Kampala, Uganda | THE INDEPENDENT | Kalita Bus Company abruptly abandoned its commuter passenger operations along the Northern bypass hardly a year after. The company, which was using electric buses built by Kiira Motors Corporation started operations along the route around late August and early September last year. There was excitement …

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Rubondo inspects Tilenga oil infrastructure ahead of drilling

Hoima, Uganda | THE INDEPENDENT | Earnest Rubondo, the Executive Director of the Petroleum Authority, is currently undertaking a three-day visit to the Tilenga project in the Albertine region, operated by TotalEnergies. According to sources within the Authority, the purpose of Rubondo’s visit to the Tilenga Oil Infrastructure is to assess their readiness …

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