TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade
Government, through Felix Kwakye Ofosu, orders the deployment of Metro Mass Transit buses and lower fares after an emergency Cabinet meeting on rising fuel prices to ease pressure on commuters.Government has directed the immediate deployment of newly acquired Metro Mass Transit buses and t
Suluhu said going forward, his motorcade will have only four vehicles while he rest of the teams will travel in one busTanzanian President Samia Suluhu Hassan has ordered a sharp reduction in her official convoy, saying only four vehicles will now accompany her while the rest of her entour
A dispute that began nearly two decades ago over the construction of Course View Towers in Kampala has finally been settled, with Kampala Associated Advocates (KAA) emerging victorious for Seyani Brothers against Nangwala, Rezida & Co. Advocates, which represented Course View Limited.J
Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers.Petrol and diesel remain below previous highs recorded b
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
The Justice Forum (JEEMA) has condemned the government’s proposed tax increases in the 2026 national budget, warning that higher levies on income, fuel, and essential goods will worsen living standards for ordinary Ugandans.JEEMA said the planned hikes in Pay As You Earn (PAYE), fuel exc
The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan
Uganda and Kenya agree on SGR standards to link their conflicting rail systems, advancing the massive regional infrastructure project.KAMPALA, Uganda — The Ministry of Works and Transport is requesting 8.3 trillion shillings for the 2026/27 fiscal year, a 40% increase intended to moderni
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
