Kampala, Uganda | THE INDEPENDENT | In an effort to bolster Uganda’s entrepreneurial landscape, the Hi-innovator program, a collaboration between the National Social Security Fund (NSSF) and the MasterCard Foundation, is set to provide up to 4.8 billion Shillings in seed capital to 64 businesses. These businesses were meticulously selected …
Read More »Africa eyes greater say, more agency with added IMF, World Bank board seats
Africa is to gain additional seats on the influential boards of the International Monetary Fund (IMF) and World Bank, elevating the region’s clout in global finance governance. This comes as African nations look to carve out space to act with greater agency and self-determination, both in continental and world affairs. …
Read More »LED lighting transforms the biggest market in Uganda
LED lighing is helping marketers make sales during the night-time SPECIAL REPORT | BIRD AGENCY | In St. Balikuddembe Market, Kampala, while the day winds down, Ssemwogerere Andrew digs into a bale of rubber shoes, determined to secure a last-minute sale. The market’s history hasn’t always been this forgiving for …
Read More »BOU keeps high interest rate as World Bank, Govt talk over loans
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has decided to maintain the Central Bank Rate (CBR) at a high 9.5 percent despite further drops in inflation rates in the month of September. The CBR is a tool that the central bank uses to direct the cost …
Read More »DPP: 41 districts lack prosecutors
Kampala, Uganda | THE INDEPENDENT | The Director of Public Prosecutions, Justice Jane Frances Abodo, has expressed concern about understaffing in her office, revealing that approximately 40 districts do not have prosecutors. Abodo pointed out that while the judiciary has been hiring judicial officers regularly, the number of state attorneys …
Read More »Tour operators fear business loss as UWA grapples with gorilla permit scandal
Kasese, Uganda | THE INDEPENDENT | Tour operators in Uganda fear they will lose business because of the scandal involving the illicit sale of gorilla tracking permits. The scandal, which recently came to light, has resulted in significant losses for the Uganda Wildlife Authority (UWA), exceeding 11.2 billion Shillings (USD …
Read More »NPA REPORT: 4.2 million youth in Uganda ‘doing nothing’
🔴 NEETs per region ✳ Bukedi 61.4% ✳ Lango 49.3% ✳ Elgon 44.1% ✳ Busoga 43.5% ✳ Bunyoro 42.5% ✳ Kigezi 42.1% Kampala, Uganda | THE INDEPENDENT | A recent report from the National Planning Authority (NPA) has revealed that 4.2 million youths in Uganda are ‘Neither in Employment, Education, …
Read More »Human Rights Watch urges Uganda to implement treaty to protect everyone at work
Kampala, Uganda | THE INDEPENDENT | Uganda should quickly adopt and put into effect a new law to protect everyone from violence and harassment, including sexual harassment, at work, Human Rights Watch (HRW) has said. In a positive move, Uganda formally ratified the landmark global treaty to end violence and harassment …
Read More »Maracha District threatens to delete staff from payroll for missing validation exercise
Maracha, Uganda | THE INDEPENDENT | Sixteen staff of Maracha District Local Government risk being removed from the payroll after they failed to show up for the recently concluded validation exercise. Among those who missed the validation exercise that took place between 7th-15th June 2023 include, 12 education assistants, two Local …
Read More »TotalEnergies displays local content milestones in Uganda’s oil and gas
Kampala, Uganda | THE INDEPENDENT | Ugandan companies have secured contracts worth about 642 million dollars (2.4 trillion Shillings) under the Tilenga Project since TotalEnergies EP commenced the commercial oil and gas production phase. The company says these contracts went to subcontractors under the segment referred to as Tier 2, …
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