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 »Kampala real estate sector blues
New report indicates 4% surge in demand for office space Kampala, Uganda | THE INDEPENDENT | The latest real estate market report for the second half of 2022, published by Stanbic Properties Limited, a subsidiary of Stanbic Uganda Holdings Limited shows mixed activity performance in different spaces attributed to different factors. …
Read More »Innovation, prompt claims payouts boost Insurance growth
Kampala, Uganda | THE INDEPENDENT | Uganda’s insurance Industry reports that in 2022 the various companies collected a total of 1.44 trillion Shillings in gross underwritten premiums, compared to 1.13 trillion Shillings recorded in 2021. This, according to the industry is due mainly to increasing awareness by the public of the …
Read More »Why Ugandans are getting poorer?
New report explains it using 12 pillars COVER STORY | RONALD MUSOKE | Overall, Ugandans are better off today than they were 10 years ago, according to a report published on Feb.28 by the Legatum Institute, a London-based think-tank. On specifics, however, many Ugandans are far worse off than they were …
Read More »Uganda’s maternal mortality rate decreases
Kampala, Uganda | THE INDEPENDENT | Uganda’s maternal mortality rating has decreased from 336 mothers per 100,000 live births to 284 women per 100, 000 live births, the Ministry of Health reports. While Uganda has not yet conducted a new health demographic survey, according to Dr Charles Olaro, the Director of …
Read More »Police crime report: Domestic violence cases increase in Luwero
Luwero, Uganda | THE INDEPENDENT | Local leaders in Luwero district are worried following an increase in cases of domestic violence. According to the Police crime report for 2022 released this week, Luwero district registered 501 domestic violence cases from 340 cases registered in 2021. As result, Luwero was ranked the …
Read More »A woman dies during pregnancy or childbirth every two minutes
Every day in 2020, approximately 800 women died from preventable causes related to pregnancy and childbirth – meaning that a woman dies around every two minutes COVER STORY | AGENCIES | Maternal health setbacks in many parts of the world have contributed to the worrying finding that a woman dies during …
Read More »America accounts to Ugandans
Not about dollars but impact on lives, says ambassador Kampala, Uganda | RONALD MUSOKE | The U.S Mission to Uganda’s main focus remains ensuring that Uganda becomes a prosperous, secure, just and democratic country with healthy, educated and skilled citizens. This was Natalie E. Brown, the American Ambassador to Uganda’s main …
Read More »Trade-based money laundering
New report sheds light on illicit activity in Uganda Kampala, Uganda | RONALD MUSOKE | A new report analysing the scope and characteristics of global trade-based money laundering has found that the illegal activity poses complex problems for law enforcement and undermines development; especially in poorer countries like Uganda. The study, …
Read More »Sixty years on, US commits to supporting Uganda develop
U.S. Mission Releases ‘Report to the Ugandan People’ 60th Anniversary Edition Kampala, Uganda | THE INDEPENDENT | The U.S. Mission on Wednesday marked 60 years of USA-Uganda development partnership by releasing a 60th anniversary edition of the ‘Report to the Ugandan People’. This is the 6th consecutive annual report that …
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