Equity Supports Environmental Sustainability through Equi-Green Loans Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has taken bold steps to protect the environment by driving access for ordinary Ugandans to clean and affordable energy solutions. At the center of these efforts is the Equi-Green product—a financial solution designed to …
Read More »How climate, transparency can unlock scarce capital
Kampala, Uganda | THE INDEPENDENT | Financial and accounting professionals have tipped entrepreneurs on improved transparency, environment and human rights as key to enabling access to needed affordable and long-term capital. This comes as sources of patient capital seem to be dwindling and becoming more selective, hence difficult to acquire, …
Read More »OPEC: Global oil demand unchanged for 2025, 2026
VIENNA, | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) said on Monday it would keep its forecasts for global oil demand growth unchanged at 2.9 percent for 2025 and 3.1 percent for 2026. In its latest monthly oil market report, OPEC projected a year-on-year increase of 1.3 …
Read More »Turning Wheels, Changing Lives: Transformative power of dfcu Bank vehicle and asset financing
How dfcu Bank is powering Uganda’s asset ownership revolution and unlocking economic potential in Uganda COMMENT | GLORIA SSUUNA NAMUTEBI | In today’s economy, owning a productive asset—a vehicle, a motorcycle, or a piece of machinery—is more than a convenience. It’s a catalyst for financial independence, business growth, and generational wealth. …
Read More »Uganda launches sh33 billion trade and investment project to support SMEs
Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industry, and Cooperatives, in collaboration with the International Trade Center and with support from the European Union (EU), has launched a new project that aims at empowering Uganda’s small and medium enterprises (SMEs). The four-year sh33billion project aims to …
Read More »Up to $160 million invested in Uganda’s E-mobility sector
Kampala, Uganda | THE INDEPENDENT | Over $160 million was invested in twelve companies in the E-Mobility Ecosystem for the period 2018-2024 in the areas of research & development, manufacturing, and charging infrastructure, according to the Uganda E-Mobility Outlook Report 2024. The report by the Minister of Science, Technology, and …
Read More »Amuru raises alert levels as cholera kills 3 in South Sudan
Elegu, Uganda | THE INDEPENDENT | Health authorities in Amuru district are on high alert following an outbreak of cholera disease in the neighboring Nimule Township in South Sudan that has claimed the lives of three people. , Cholera is an acute diarrheal infection caused by eating or drinking food …
Read More »Investment minister Evelyn Anite launches TCL appliances in Uganda
Kampala, Uganda | THE INDEPENDENT | Global electronics powerhouse TCL officially unveiled its 2025 Flagship TV and Audio Line-Up in Uganda Saturday, a move celebrated by Minister of Investment Evelyn Anite as a definitive mark of Uganda’s emergence as East Africa’s premier investment destination. The event at the Kampala Serena …
Read More »Small insurance firms urged to merge or sell
Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …
Read More »PS Ggoobi: Not a free ride to $500 billion economy
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several challenges and that things that must be done in the right way. The strategy …
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The Independent Uganda: You get the Truth we Pay the Price