Energy and Mineral Development Minister, Ruth Nankabirwa sign deal with Kenya to participate in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC)Kampala, Uganda | THE INDEPENDENT | New details have emerged about Uganda’s participation in the Kenya Pipeline Co
A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi
KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne
KAMPALA — The Government of Uganda has approved a budget of Shs56.9 billion to facilitate the long-awaited elections for Local Council One (LC1) and Local Council Two (LC2) leaders, with voting expected to take place before the swearing-in of President Yoweri Museveni.Cabinet cleared the
Uganda’s Ambassador to South Africa Paul Amoru has urged Ugandans living there to remain disciplined and respect domestic laws as the two countries move closer to introducing visa-free travel for ordinary passport holders.Mr Amoru said technical processes to waive visa fees for ordinary
The Katikkiro of Buganda, Charles Peter Mayiga, has cautioned parents against sacrificing their long-term financial stability in pursuit of enrolling their children in what he described as “Ivy League” schools.As schools across Uganda reopen for the first term, many families are feelin
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Mukono – The High Court has consolidated several land cases filed by the Kabaka of Buganda against 12 district local governments and the Attorney General into one major suit to be heard in Mukono.In a ruling delivered recently, Justice Stephen Mubiru ordered that seven civil suits filed
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
The National Resistance Movement (NRM) flag bearer for Kalungu District Woman Member of Parliament, Hon. Helen Nakeeya, has appealed to Chief of Defence Forces Muhoozi Kainerugaba to intervene in escalating political tensions in the district following the recently concluded elections.Addre
