Kampala, Uganda | THE INDEPENDENT | Engineer Paul Isaac Musasizi is tipped to appear in the top 50 people chosen from around the world for their unique and excellence in innovative ideas, by Bloomberg, the renowned business media. But Musasizi, the Chief Executive Officer of Kiira Motor Corporation, says this achievement …
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Kampala, Uganda | THE INDEPENDENT | The Minister for Energy and Mineral Development Goretti Kitutu has asked companies involved in the electricity sector to work reduce the cost of power. The minister notes that the tariffs have remained high because the costs of doing business were high which made it hard …
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Kampala, Uganda | THE INDEPENDENT | The government has extended the contract of Face Technologies that is mandated to issue driving permits. On Tuesday, the Ministry of Works and Transport said that all its regional driving permits issuance offices at Jinja, Mbale Gulu, Arua, Fort Portal and Mbarara would be closed …
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Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …
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Kampala, Uganda | THE INDEPENDENT | Manufacturers have asked the Government to institute tough measures against EAC states that continue to block imports from Uganda. Under their umbrella body, Uganda Manufacturers Association- UMA, they note that the continued blockade of Ugandan goods from entering the Kenyan market is a violation of …
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Ham Serunjogi’s Chipper Cash targets expansion across Africa | THE INDEPENDENT | African fintech startup Chipper Cash is once again in the money markets news; this time for securing a US$30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal venture capital …
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Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has promised to unveil the newly refurbished Old taxi park before the festive season. Eng. David Luymbazi, KCCA Deputy Executive Director told URN that they are very optimistic that the contractor will complete the work a week towards Christmas. “We have …
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Tororo, Uganda | THE INDEPENDENT | Tororo Broadcasting Network (TBN) has signed a €25,720 (Ush115million) deal with a European radio and TV manufacturing company to secure top of the range transmission and studio equipment. The co-chairman of the organizing committee finalizing the launch of the Tororo Broadcasting Network said he expects the …
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Kampala, Uganda | THE INDEPENDENT | Banking institutions have since April restructured loans with clients worth 6.7 Trillion Shillings after repayments were affected by the Covid-19 pandemic. Bank of Uganda in April 2020 granted permission to all banking institutions to provide credit relief through the restructuring of loans of both corporate …
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Bancassurance has recorded Shs52bn for the three quarters of this year ending Sep.30 Kampala, Uganda | ISAAC KHISA | Embedded insurance model is turning out to be one of the most viable options of selling insurance services to customers as the country strives to increase insurance coverage and deepen penetration. People …
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The Independent Uganda: You get the Truth we Pay the Price