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Govt urges dealers in mining to register and comply with new laws

Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has ordered dealers in the extraction of earth materials to register officially in an ambitious move to regulate and streamline the sector in the country. Agnes Alaba, the Commissioner for the Mines Department at the Ministry, revealed that whoever is currently interacting …

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Drop in advertising, govt arrears sends New Vision into losses

Kampala, Uganda | THE INDEPENDENT | The performance volatility of the New Vision Printing and Publishing Company Ltd continues as the management notifies current and prospective shareholders of an impending loss for the year 2022/2023. The notice issued by Managing Director Don Wanyama is based on the “preliminary assessment”  of …

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Insurers Q2 premium surges 17% to Shs 828.9bn

The regulator’s focus is on expanding its customer base and increasing average spending in the insurance sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance sector has shown steady growth, with underwritten premiums increasing from Shs 711.6 billion in the second quarter of 2022 to Shs 828.9 billion in the second …

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Absa expands access to credit cards

Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …

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Modern beekeeping increase honey production in Amudat

Amudat, Uganda | THE INDEPENDENT | Bee farmers in Amudat district are experiencing a significant increase in honey production, thanks to ongoing training in modern beekeeping techniques. Farmers credit their success to the skills they’ve acquired through various training programs, particularly those focusing on modern beekeeping practices such as using modified …

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