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
Apac, Uganda: Residents of Atar Village in Abedi Parish, Apac Sub-county, have openly accused officers attached to the Uganda Police Force of facilitating the escape and questionable release of two suspected criminals, sparking outrage and deepening mistrust in local security structures.Th
The Uganda Now Youth Group has endorsed State Minister Persis Namuganza for Speaker of the 12th Parliament, calling on President Museveni and MPs across party lines to support her candidacy.Uganda Now Youth Group leaders address the media in Jinja as they endorse State Minister Persis Namu
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
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 Lira Regional Blood Bank under construction.Lira, Uganda | THE INDEPENDENT | The construction of the Regional Blood Bank at Lira Regional Referral Hospital (LRRH) is nearing completion, with phase one standing at 98 percent.Started in March 2025 on a piece of land donated by Lir
Tension gripped the busy area of Kisenyi after a shocking CCTV video began circulating on social media. The footage shows a man being violently attacked, allegedly at Gwanda Shopping Mall, near the well-known Kisenyi Taxi Park. The disturbing clip quickly went viral, drawing strong reactions from
If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Lira, Uganda: Lira Regional Referral Hospital has received Neonatal Intensive Care Unit (NICU) equipment worth Shs350 million, a major boost expected to strengthen care for premature and critically ill babies across Northern Uganda.The equipment was donated by Pathfinder International with
