Africa has a combined SACCO membership of more than 43 million, holding about USD 24.5 billion in assets Kampala, Uganda | ISAAC KHISA | In an ever-evolving financial landscape, Savings and Credit Cooperative Societies (SACCOs) are emerging as impactful entities, harnessing influence grounded in community trust and convenience to bring about …
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Bank of Uganda projects the economy to grow at 6% in FY2023/24 up from 5.2% a year before Kampala, Uganda | ISAAC KHISA | Uganda’s consumers recorded a 7.8% increase in borrowings for the three months to October, while lenders’ approval rate for loans in value terms decreased since July 2023, …
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African Development Bank to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road Kampala, Uganda | ISAAC KHISA | Uganda has secured a US$252bn (Approx. Shs 958bn) loan from the African Development Bank to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The lender’s board of directors approved the loan …
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Analysts hail UNOC’s ambitions but reality of fuel business complex COVER STORY | ISAAC KHISA | The decision by the government of Uganda to directly enter the oil importation and cut out middle players has blown a cloud of uncertainty in the US$2 billion business that is the heartbeat of the …
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The economy is now projected to grow in the range of 5-6% in the Financial Year 2023/24 riding on continued economic recovery and the developments in the oil and gas Kampala, Uganda | ISAAC KHISA | Uganda’s economy grew faster in the last financial year than previously anticipated a good sign …
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Experts emphasize the importance of building trust and financial literacy to attract more customers Kampala, Uganda | ISAAC KHISA | More than two decades ago, micro-insurance in sub-Saharan Africa bore the weight of social responsibility, grappling with a modest customer base and low premiums that rendered claims both unstable and unpredictable. …
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Kampala, Uganda | THE INDEPENDENT | Owning a car is a significant milestone for many Ugandans, providing convenience, freedom, and mobility. However, with the rising cost of vehicles, navigating the world of automotive financing becomes crucial for prospective car buyers in Uganda. Understanding the various financing products available and choosing …
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Kampala, Uganda | THE INDEPENDENT | Uganda is currently experiencing lots of disruptions and crisis that call on citizens to raise and contribute to the economic empowerment of our communities and hence the nation. To make such happen, is the shift in people’s mindset towards an understanding that the community problems …
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How Hello World and Partners Drive Digital Education for Youth as the world marks World Youth Skills Day Kampala, Uganda | THE INDEPENDENT | Hello World, a charity organisation providing solar-powered, internet-enabled education hubs in Uganda has announced completion of 10 new Hello Hubs in the West Nile Region. The new …
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Kampala, Uganda | ISAAC KHISA | Uganda’s first wildlife veterinarian and founder of non-governmental organisation, Conservation Through Public Health (CTPH), Dr. Gladys Kalema Zikusooka, has unveiled her memoir ‘Walking with Gorillas’ detailing her childhood experience, dream job, marriage and sustainable conservation. The memoir launched at the Kampala Serena Hotel on July.05 …
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The Independent Uganda: You get the Truth we Pay the Price
