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Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025

Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025

Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le

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URA Moves to Assist Traders Affected by Container Leaders’ Fraud

URA Moves to Assist Traders Affected by Container Leaders’ Fraud

The Uganda Revenue Authority (URA) has announced urgent measures to support traders whose goods have been unfairly withheld by so-called “container leaders,” following a surge in public outcry and complaints of undelivered merchandise.In a public notice published Thursday, URA manageme

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Kabaka’s illness a defining challenge of my 13-year leadership, says Mayiga

Kabaka’s illness a defining challenge of my 13-year leadership, says Mayiga

As he marked 13 years in office, Buganda Kingdom Prime Minister (Katikkiro) Charles Peter Mayiga used the milestone to reflect on a tenure shaped by institutional reform, accountability, and difficult moments, including the Kabaka’s illness and resistance to the kingdom’s flagship Etofali cam

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Govt Moves to License Starlink to Cut Internet Costs

Govt Moves to License Starlink to Cut Internet Costs

Government is edging closer to granting an operating licence to Starlink, the satellite broadband venture backed by Elon Musk, as part of efforts to widen internet access and ease connectivity costs.ICT and National Guidance minister Chris Baryomunsi said discussions with the company are a

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New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

New Cabinet! Intelligence Tells Gen. Museveni To Create Diaspora Ministry To Operationalize The ‘Sovereignty Law’

President Museveni is weighing between creating a full-fledged Ministry for Diaspora affairs or elevate the current Diaspora desk within the Ministry for Foreign Affairs to a Presidential Diaspora Commission.This news site understands that, the President is being requested to either create

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200,000 jobs in offing as Kapeeka Industrial Park undergoes major transformation

200,000 jobs in offing as Kapeeka Industrial Park undergoes major transformation

The Uganda Investment Authority (UIA) has announced plans to transform Kapeeka Industrial Park, in Nakaseke district, into a one-stop centre and a district industrial hub.Established 20 years ago as Liao Shen Industrial Park, the facility boasts 34 factories of the total 80 target and has

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Sovereignty Bill undermines responses to refugees' welfare, West Nile leaders say

Sovereignty Bill undermines responses to refugees' welfare, West Nile leaders say

Refugee-hosting communities have raised concerns, warning that the newly proposed Protection Sovereignty Bill could frustrate humanitarian responses to the needs of refugees.Leaders in the area say Uganda's larger sections rely on external support, especially in matters related to the welf

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Devon Petroleum enter Uganda’s competitive fuel market with expansion plans and retail push

Devon Petroleum enter Uganda’s competitive fuel market with expansion plans and retail push

Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust

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Uganda to restrict car spareparts imports as Kiira Motors steps up local production

Uganda to restrict car spareparts imports as Kiira Motors steps up local production

Uganda’s Ministry of Science, Technology and Innovation has announced plans to seek restriction of spare parts importation to allow the country's indigenous car making company, Kiira Motors expand its local market share.The ministry says it is set to seek Cabinet approval to restrict the

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Uganda to start manufacturing own satellites

Uganda to start manufacturing own satellites

Uganda has announced plans to begin manufacturing its own satellites, as part of the country’s ambition to enter the global space economy and transition into a knowledge-based economy.This was revealed during the opening of the National Science Week 2026 at Kololo Independence Grounds in

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