Masaka, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) is blaming local governments for enabling the continued operation of unlicensed fuel stations in their jurisdictions. According to the bureau, local authorities often approve construction plans and collect local taxes from fuel outlets without ensuring they complete …
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Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion 🔴Highlights of Absa Bank Uganda 2024 Performance ✳ Profit After Tax: Increased by 22%, to UGX 178 billion. ✳ Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support. ✳ Customer Loans: …
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Canada debuts its first-ever strategy for Africa, as Ottawa seeks to diversify markets and blunt geopolitical shocks amid rising trade tensions with Washington. SPECIAL REPORT | BIRD AGENCY | Early in March, Canada unveiled its much-touted Global Africa Strategy in a subdued Toronto event, timed eight days before a cabinet …
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KAMPALA, UGANDA | THE INDEPENDENT | An evening of sophistication, ambition, and rare whisky unfolded as entrepreneur Dean Munene, Managing Director of Volve Global Ltd, hosted the inaugural Johnnie Walker Blue Club experience for Uganda’s young business elite. Held at his private residence in Mbuya Hill, the event brought together the country’s most …
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Kampala, Uganda | PATRICIA AKANKWATSA | The Dominate Conference 2025, powered by I&M Bank Uganda, drew a capacity crowd to the Kampala Serena Hotel on Saturday, April 12th. Organized by Manuela Mulondo, the event aims to empower women in their personal and professional lives. The conference that brought together women from …
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Mbarara, Uganda | THE INDEPENDENT | Uganda Breweries’ leading rum, Captain Morgan set Mbarara party scene ablaze with the Spice Takeover launch at Soho Terrace Bar. This marks the return of the thrilling consumer experience for a second edition this year. The announcement was made during a mini spice …
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These trade facilities are designed to serve as physical and institutional hubs that promote trade facilitation, investment promotion, and capacity building across Africa Abuja, Nigeria | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank, has unveiled plans to establish seven Afreximbank African Trade Centres (AATCs) across the continent in a …
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Inside Uganda’s struggle to make insurance work for the ordinary citizen Kampala, Uganda | JULIUS BUSINGE | By the time Agnes Nakato’s (not her real name) husband died in a road accident, she had no idea that his employer’s life insurance policy could have supported their three school-going children. “No one …
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Uganda’s tax overhaul draws praise—and alarm—from civil society Kampala, Uganda | JULIUS BUSINGE | A coalition of over 50 civil society organizations under the Tax Justice Alliance Uganda (TJAU) has raised critical concerns over the Government of Uganda’s proposed Tax Amendment Bills for the 2025/26 financial year, warning that certain changes …
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New plant to support mining industry and promote value addition DAR ES SALAAM | Xinhua | Tanzanian Minister for Minerals Anthony Mavunde on Sunday inaugurated the country’s first-ever explosives manufacturing plant, as part of broader efforts to promote value addition and support the growth of industries serving strategic sectors such as …
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The Independent Uganda: You get the Truth we Pay the Price
