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Why Bujagali energy deserves no further tax waivers

JINJA, UGANDA | THE INDEPENDENT | The government’s proposal to grant Bujagali Energy Ltd another seven-year tax exemption has raised condemnation from the public and civil society as an uncalled-for move. They say the act would be a violation of the recently instituted tax incentives framework that is aimed at ensuring …

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Ecobank Uganda partners with Interswitch to boost digital banking and financial inclusion

KAMPALA, UGANDA | THE INDEPENDENT | Ecobank Uganda has entered into a strategic partnership with Interswitch Uganda to enhance digital banking services and promote financial inclusion across the country. The collaboration between Ecobank Uganda, a subsidiary of Pan-African banking giant Ecobank Transnational Incorporated, and Interswitch Uganda, a leading financial technology …

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Oil works cement Hoima’s strategic city status

COMMENT  | YUSUF MASABA | The second National Development Plan II, the government’s policy blueprint, an offshoot of the Vision 2040 to transform Uganda into a Middle Incomes class economy, now in its fourth series initially conceptualized establishment of four regional cities, namely, Gulu, Mbale, Mbarara and Arua. The blueprint also …

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Green mandate for Ugandan banks

Industry leaders at the Climate Finance Conference call for robust policies, enhanced capacity, and innovative products to embed sustainability in Uganda’s financial system Kampala, Uganda | JULIUS BUSINGE | Financial experts have called on banks and financial institutions to strengthen their commitment to green financing by implementing clear policies, enhancing human …

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