Kampala, Uganda | THE INDEPENDENT | Uganda’s economy is projected to grow at six per cent in the next financial year 2022/2023, according to the Minister of State for Finance in charge of General Duties, Henry Musasizi. Musasizi who was on Wednesday, 25 May 2022 appearing before the Committee on National …
Read More »UDB, European Union unveil Shs62bn facility for tourism investors
| THE INDEPENDENT | Investors in the tourism sector have an opportunity to exploit out of the Uganda Development Bank and European Union partnership involving a Shs62bn facility, executives said on May 18. Representatives from the two partnering agencies openeda the call for entries for eligible businesses in the tourism …
Read More »Douglas Singiza appointed High Court Judge
Kampala, Uganda | THE INDEPENDENT | Buganda Road Court Chief Magistrate Douglas Karekona Singiza and 15 other judicial officers have been appointed High Court judges by President Museveni. They have been appointed in acting capacity for two years. This is the larges ever appointment of judges of the High Court at …
Read More »Uganda far from achieving recommended maternal health: Minister Muhanga
Kampala, Uganda | THE INDEPENDENT | Uganda has a long way to go in reducing maternal mortality, according to the Minister of Primary Healthcare Margaret Muhanga. She made the remarks during the first Maternal and Infant Health Quality Care Forum in Kampala on Tuesday. According to Muhanga, while the country has been …
Read More »Afreximbank moots continental energy bank
Fossil fuel lobby want bank to serve as catalyst for Africa-directed investments Kampala, Uganda | RONALD MUSOKE | On May 16, the African Export-Import Bank (Afreximbank) signed a memorandum of understanding with the African Petroleum Producers Organization (APPO) in a move that seeks to create a multi-billion dollar energy bank …
Read More »Uganda – DRC trade
Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …
Read More »Feed a Million Mouths International launches public art project in Katwe
Kampala, Uganda | THE INDEPENDENT | Feed a Million Mouths International (FAMMI) – a social enterprise based in Uganda – has launched the “Kartwe Street Art Project” in the Katwe area of Kampala to impart art skills to underprivileged children and youth and transform the community through public art. The …
Read More »Collective investment scheme assets cross Shs1tn
This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …
Read More »Absa Bank Uganda donates IT equipment to Kabalye police training school
Masindi, Uganda | THE INDEPENDENT | Absa Bank Uganda has committed to donate IT equipment worth sh131 million to the Uganda Police Training School at Kabalye, Masindi. The donation will include 10 laptops, 60 desktops, a projector and internet connection for the school’s resource center The announcement was made by …
Read More »Reducing road carnage
Consider yourself as only sensible person on the road, says Gen. Katumba Kampala, Uganda | MUBATSI ASINJA HABATI | On May 4, a Kampala-bound bus operated by Link Bus Services crashed and overturned several times killing 20 people on spot; including its driver leaving many others injured just a …
Read More »