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PS Ggoobi addresses inaugural Uganda-France investment, tourism and trade conference in Paris

Paris, France | THE INDEPENDENT | Permanent Secretary and Secretary to the Treasury, Ministry of Finance Planning and Economic Development Ramathan Ggoobi is in Paris to engage French investors, business leaders, and government officials. He made his first pitch for why Uganda remains one of the most attractive investment destinations in Africa …

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EADB disburses Shs 734.8bn to EAC member states

But stakeholders urge the lender to accelerate private sector growth through affordable interest rates currently capped at 15% per year   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Finance Minister, Matia Kasaija, has urged the East African Development Bank (EADB) to implement strategies that ensure affordable interest rates for borrowing, enabling …

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Fintech Revolution: Opportunity Bank, Furaha Finserve partner to transform education financing

Kampala, Uganda | THE INDEPENDENT |  A groundbreaking partnership between Opportunity Bank and Furaha Finserve is set to transform the way Ugandans pay for education, amid concerns over accessibility and affordability. The collaboration, announced on Wednesday, will enable customers to access loans from Opportunity Bank via Furaha Finserve’s technology platform, …

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ITHUBA Uganda marks first 6 months of growth and opportunity

Kampala, Uganda | THE INDEPENDENT |  As the Uganda National Lottery marks its seven-month milestone, ITHUBA Uganda and the National Lotteries and Gaming Regulatory Board (NLGRB) can reflect on a period of progress, learning, and collaboration. As of last week, ITHUBA Uganda has paid out over sh3.6 billion to more than 520,000 winners across various winning …

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Shutting down USAID: Is it a win for China and Russia?

ANALYSIS | AGENCIES | The Trump administration’s decision to dismantle the United States Agency for International Development (USAID) is leading to a global geopolitical fallout. As the US government halts billions of dollars in foreign assistance, concerns are mounting that global adversaries such as China and Russia could take advantage of …

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