Nakasongola , Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has commissioned a US$5 million cassava processing plant by Pura Organic Agro-Tech in Nakasongola, marking a major step in Uganda’s industrial value addition drive. The factory, with an annual production capacity of 40,000 metric tonnes of high-grade cassava starch, …
Read More »Museveni orders CDF Muhoozi to deal with vandals of electric wires in Luwero
Luwero, Uganda | THE INDEPENDENT | President Yoweri Museveni has directed the Chief of Defence Forces, Gen. Muhoozi Kainerugaba, to establish an inter-agency security committee to decisively address the growing cases of electricity infrastructure vandalism in central Uganda. The president’s directive follows a spate of vandalism incidents that have left several …
Read More »Artisanal illicit alcohol consumption in Uganda grows to 71% in 2024
According to the research conducted in the first quarter of this year, on average, Ugandans consume 4.6 litres of pure illicit alcohol per year, compared to 2.3 litres of pure legal alcohol Kampala, Uganda | THE INDEPENDENT | The sale of traditional alcoholic distilled beverages (artisanal), commonly known as …
Read More »Equity Bank flies in 40 investors to explore investment opportunities in Uganda
Equity Bank hosts trade mission to boost local investment and open markets for Ugandan MSMES Kampala, Uganda | THE INDEPENDENT | In a bid to promote local investments and expand markets for the small and medium enterprises, Equity Bank has organized a two-day trade mission bringing over 40 foreign …
Read More »Equity Bank Uganda’s Equi-life will make insurance available across the country
Equi-Life to increase insurance penetration in Uganda Kampala, Uganda | THE INDEPENDENT | Uganda’s insurance sector has demonstrated significant growth in recent years, with gross written premiums increasing from sh1.44 trillion in 2022 to sh1.6 trillion in 2023, according to the Insurance Regulatory Authority of Uganda (IRA) performance report, reflecting an …
Read More »Bank of Uganda recognizes Equity as DSIB Bank
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has once again been designated as a Domestic Systemically Important Bank (DSIB) by the Bank of Uganda, marking the third consecutive year the bank has received this prestigious recognition. This designation underscores Equity Bank’s significant role in Uganda’s financial sector and …
Read More »Islamic Bank gives Uganda $800 million for infrastructure Projects
Algiers, Algeria | THE INDEPENDENT | The Permanent Secretary and Secretary to the Treasury (PSST), Ramathani Ggoobi, and the Islamic Development Bank Vice-President, Dr. Rami Ahmed, on Wednesday signed a country engagement framework (CEF) for Uganda for the period 2025 to 2027 to support economic resilience and sustainable human development. …
Read More »ELEVATE: Uganda’s first luxury Helicopter Safari takes flight
TOURISM FEATURE | A new chapter in luxury travel has taken flight with the launch of ELEVATE, Uganda’s first luxury helicopter safari adventure. This exclusive experience, born from a collaboration between Nile Safari Lodge, Kampala Executive Aviation (KEA), and NOVAM Ltd., offers travellers a chance to witness the …
Read More »Vivo Energy Uganda celebrates 30 drivers in ongoing ‘Omunene W’ekkubo’ campaign
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda, the company behind Shell-branded fuels and lubricants in the country, recently celebrated another 30 drivers as part of its ongoing “Omunene W’ekkubo” campaign. This marks the sixth week of the initiative, which recognizes the vital role drivers play in connecting Uganda. …
Read More »Maru Credit offers chance to win free school fees for a year
Kampala, Uganda | THE INDEPENDENT | MARU Credit, a leading Tier IV financial institution, has announced an exciting back-to-school campaign that will see customers and parents win free school fees for a year. The “Back-to-School With MARU” campaign will see customers and parents who take out affordable school fees loans, …
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