Kampala, Uganda | THE INDEPENDENT | Africa 5G Summit, a prominent event within the sixth Southern Africa Mobile Broadband (MBB) VIP Salon, underscored the pivotal role of 5G in shaping Africa’s business landscape. Hosted by Huawei and held during AfricaCom, the continent’s largest technology conference, the summit convened industry leaders, government …
Read More »FIFA announces draw for 2023 U20 World Cup
Geneva, Switzerland | Xinhua | Football’s world governing body FIFA held Friday the draw for the 2023 Under-20 World Cup with the hosts Argentina kicking off the tournament against Uzbekistan on May 20. The ceremony was held at the FIFA headquarters in Zurich, Switzerland and FIFA confirmed the match schedule and …
Read More »2023 Africa Wealth Report
It reveals ‘Big 5’ account for 56% of the continent’s millionaires Kampala, Uganda | AGENCIES | The total investable wealth currently held on the African continent amounts to USD 2.4 trillion and its millionaire population is expected to rise by 42% over the next 10 years, according to the latest 2023 …
Read More »Homosexuality Bill, 2023
Why President Yoweri Museveni may not sign it into law now COVER STORY | RONALD MUSOKE & AGATHER ATUHAIRE | On Tuesday, March 21, Uganda’s Parliament, for the second time in nine years, passed a law that criminalizes homosexuality in Uganda. The first law was passed in December 2013 but was …
Read More »YEAR ENDER: 2022 was the year of ‘BUY ME A PHONE’
Today, the issue of the best handset tops everything else. You can find an unemployed person carrying an iPhone 13 or 14 and having no food or transport. COMMENT | ISAAC TEKO | Ever since the smart phone became a household item about a dozen years ago, I have bought …
Read More »General Assembly approves UN regular budget for 2023
United Nations, USA | Xinhua | The General Assembly on Friday approved an annual regular budget for the United Nations of about 3.396 billion U.S. dollars. The 2023 budget is higher than that of 2022, which stood at 3.122 billion dollars. The regular budget covers UN activities across a range of areas, …
Read More »Gov’t sets electricity tariffs for 2023
Kampala, Uganda | THE INDEPENDENT | The government has set electricity tariffs for the first quarter of 2023 beginning January to March. The new tariffs announced by the Chairperson of the Electricity Regulatory Authority-ERA, Dr, Sarah Kanaabi Wasagali, show that domestic users shall pay 250 Shillings for the first 15 units …
Read More »Uganda’s public debt to increase to 53 percent in 2023
Kampala, Uganda | THE INDEPENDENT | Uganda’s Public debt is set to increase from the current 48.4 percent to 53.1 percent in the financial year 2023, according to the estimated budget for the financial year 2023/24 released by the Ministry of Finance. For a debt to be sustainable, particularly for developing …
Read More »Kiira Motors plant ready to roll out vehicles in 2023
Kampala, Uganda | THE INDEPENDENT | The Minister of Science, Technology and Innovation Dr Monica Musenero last week announced that starting June 2023, Kiira Motors buses will be manufactured at the Jinja-based vehicle manufacturing plant. Musenero, who visited the plant to inspect the progress of the project at Jinja industrial and …
Read More »Taking 2021 Cup of Nations from Ivory Coast ‘stupid’, says Aurier
Abidjan, Ivory Coast | AFP | Ivory Coast defender Serge Aurier on Monday slammed the “stupid” decision of CAF to strip his country of the right to host the 2021 Africa Cup of Nations. The Confederation of African Football (CAF) finally announced their long-anticipated decision to take the 2019 finals …
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