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Tag Archives: Uganda

Uganda extends transfer of convicted offenders act to the UK

KAMPALA, UGANDA | THE INDEPENDENT | The Ugandan government has extended the application of the Transfer of Convicted Offenders Act to the United Kingdom, a move seen as a major step in strengthening international cooperation on justice matters. This development, facilitated through a statutory instrument signed by the Minister of …

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PROFIT: Absa Bank Uganda reports 22% growth

Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion 🔴Highlights of Absa Bank Uganda 2024 Performance ✳ Profit After Tax: Increased by 22%, to UGX 178 billion. ✳ Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support. ✳ Customer Loans: …

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Uganda losing 122,000 hectares of forest cover annually

KAMPALA, UGANDA | THE INDEPENDENT | Uganda is losing 122,000 hectares of forest cover annually, according to the Ministry of Water and Environment. Statistics obtained from the ministry indicate that in 1990, Uganda had 24 percent of forest cover, but due to the escalating illegal activities including deforestation and population …

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Insurance: Lost trust or lost opportunity?

Inside Uganda’s struggle to make insurance work for the ordinary citizen Kampala, Uganda | JULIUS BUSINGE | By the time Agnes Nakato’s (not her real name) husband died in a road accident, she had no idea that his employer’s life insurance policy could have supported their three school-going children. “No one …

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The price of progress?

Uganda’s tax overhaul draws praise—and alarm—from civil society Kampala, Uganda | JULIUS BUSINGE | A coalition of over 50 civil society organizations under the Tax Justice Alliance Uganda (TJAU) has raised critical concerns over the Government of Uganda’s proposed Tax Amendment Bills for the 2025/26 financial year, warning that certain changes …

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Great Lakes region’s mineral certification faces scrutiny 14 years on

Experts say the region’s mineral certification mechanism remains patchy, under-implemented, and hindered by political and regulatory gaps ANALYSIS | RONALD MUSOKE | Fourteen years since 12 governments in the Great Lakes region unanimously agreed to create a foolproof international system for certifying and auditing minerals that have been blamed for fomenting …

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Museveni’s new fears on South Sudan

A region on edge leaves Ugandan leader with limited options ANALYSIS | IAN KATUSIIME | President Yoweri Museveni dashed to South Sudan in early April for a quick meeting with his South Sudan counterpart, Salva Kiir, due to mounting fears of an escalation that could plunge the fragile country back into …

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