Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …
Read More »aBi Development hosts stakeholder meeting to empower young women in coffee agriculture
Kampala, Uganda | THE INDEPENDENT | aBi Development Ltd, in collaboration with the Mastercard Foundation, convened a high-level stakeholder engagement at the Kampala Serena Hotel on Tuesday to galvanise support for empowering young women entrepreneurs in agriculture through Uganda’s coffee sector. The gathering brought together representatives from government, the private …
Read More »Trump administration files appeal to Supreme Court over federal mass firings
SAN FRANCISCO | Xinhua | The U.S. Trump administration on Monday filed an appeal with the Supreme Court seeking to overturn the federal court’s injunction that had prevented federal agencies from carrying out large-scale workforce reductions and reorganizations. In the appeal, U.S. Solicitor General John Sauer argued that “controlling the …
Read More »Mechanization program targets 1,500 small holder farmers in Northern Uganda
Gulu, Uganda | THE INDEPENDENT | New Energy Nexus Uganda, a global aims to support 1,500 small holder farmers in Northern Uganda through financing mechanization equipment. The Productive Use of Renewable Energy for Agriculture program is targeting small holder farmers in Acholi Sub region to embrace mechanized agriculture, especially irrigation, milling, …
Read More »African banking chief Adesina warns of economic shockwaves from US tariffs
Abidjan, Ivory Coast | THE INDEPENDENT | As the United States imposes higher tariffs with global ramifications, African Development Bank Group (AFDB) President Dr. Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a strategic shift in global partnerships. …
Read More »Martin Mugisha joins PostBank Board as Executive Director Operations
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has appointed Martin Mugisha as Executive Director of Operations. Mugisha, who has until recently been the chief credit officer at PostBank Uganda, takes to the board over two decades of banking experience, having worked with both local and regional banks in …
Read More »Ugandan student wins Homer Higbee Award
Kampala, Uganda | THE INDEPENDENT | Raymond Musiima, a Ugandan student who founded an agribusiness initiative to support youth, has been awarded the Homer Higbee International Education Award. The Homer Higbee International Education Award recognizes Michigan State University (MSU) students and other individuals who have made significant contributions to support …
Read More »AIKRN Conference champions indigenous knowledge system for youth-led development
Entebbe, Uganda | THE INDEPENDENT | In a powerful convergence that placed Indigenous knowledge at the heart of Africa’s development agenda, the African Indigenous Knowledge Research Network (AIKRN), in collaboration with Carleton University and the Mastercard Foundation, has hosted the maiden Annual International Conference on Indigenous Knowledge Systems and Restorative …
Read More »Coffee continues to do magic for Uganda’s trade balance
Notably, coffee exports more than tripled from $64.74 million in March 2024 to $198.62 million in March this year, driven by the higher international coffee prices and increased export volumes. Kampala, Uganda | THE INDEPENDENT | Uganda’s external trade posted a mixed picture at the end of the first quarter …
Read More »TEJU: Soroti fruit factory finally starts processing local mangoes, buying at sh300 a kilogram
The factory’s chief executive officer, revealed that they plan to invest sh45 million in purchasing local mangoes, with each kilogram priced at sh300 Soroti, Uganda | THE INDEPENDENT | Soroti Fruit Processing Factory has taken a significant step by purchasing and processing local mangoes from farmers in the Teso Sub-region …
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