When local hopes are dashed by global realities Kampala, Uganda | AIDEN BARLOW | Rising international commodity prices can shape or reshape the fortunes of places. When large mining and oil and gas prospectors suddenly show an interest, a remote area can become a resource frontier a place that’s far from …
Read More »Why younger travellers are turning to social media to choose holiday destination
Instagram, Twitter and Facebook are replacing word-of-mouth recommendations for Millennials Kampala, Uganda | RONALD MUSOKE | Millions of Millennials and GenZ-ers are increasingly turning to social media platforms such as Instagram, Twitter and Facebook to choose their next travel destination, replacing “word-of-worth” recommendations. According to the 2023 Global Travel Trends Report published …
Read More »Reply to Mwenda’s politics of ‘nugu’
What have we got out of Munyonyo Commonwealth Resort that was built under same arrangement for CHOGM 2007? COMMENT | KASIM SAJJABI | Refer to: “Uganda’s politics of `nugu’: How government decision to build a large international convention centre in Munyonyo, has been its best” (The Independent July 06). Andrew Mwenda, …
Read More »Postbank partners MTN Uganda to digitize PDM payments
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda in partnership with MTN Uganda has launched “Wendi,” a mobile wallet platform designed to support the government in the seamless disbursement of Parish Development Model funds. The platform powered by PostBank strategically pivots on the group savings and funds management, digital money savings, …
Read More »Banks on course to meet capital requirements
Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank hopes to strengthen the country’s financial sector by leveraging on the revised minimum capital requirements. The Bank of Uganda said in a statement on July 06 that it is confident that the attainment and maintenance of the revised minimum capital by financial …
Read More »The ghost flood villages of Kansanga
Every rain season brings agony to residents of low income areas built in designated flood plains Kampala, Uganda | EVELYN AINEMBABAZI | Kampala City, Uganda’s capital district on the edge of Lake Victoria, is a place of high hills, low vales, and rain storms that result in regular floods. To …
Read More »Africa recoups US$1.9bn from tax evasion, illicit financial flows – report
African governments are stepping up efforts to boost domestic resource mobilization Kampala, Uganda | RONALDMUSOKE | Tax authorities in several African countries were able to recoup up to US$1.9 billion in tax revenues in 2022, thanks to the implementation of information exchange mechanisms, rigorous offshore investigations and voluntary disclosures, according to …
Read More »Uganda oil projects under attack, again
Human Rights Watch issues ‘biased’ report on oil pipeline Kampala, Uganda | RONALD MUSOKE | The Petroleum Authority of Uganda (PAU), the government agency that regulates the oil and gas sector, has accused Human Rights Watch of ‘bias’ following a new report the New York-based non-profit published on July 10. “The …
Read More »Absa Bank tips SMEs on financial literacy
Kampala, Uganda | THE INDEPENDENT | A total of 300 SMEs in Masaka, Mbarara, and Fort Portal have received training in entrepreneurship and financial literacy from Absa Bank Uganda, in partnership with Enterprise Uganda. The training programme saw the SMEs get taken through modules such as business leadership and corporate governance, …
Read More »MTN unveils Changemakers initiative drive to transform communities
Kampala, Uganda | THE INDEPENDENT | MTN Uganda’ has unveiled a social initiative dubbed MTN Changemakers seeking to transform the lives of communities across Uganda. The initiative aims to support local individuals and organizations driven to make a profound impact on their communities. MTN Uganda CEO Sylvia Mulinge said the telecom …
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