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
It was a tense May evening in 2011 at State House Entebbe. Just days after his grand swearing-in ceremony at Kololo, Uganda’s long-serving leader, Yoweri Kaguta Museveni, sat down for his first major interview. The gardens were glowing under floodlights, but politically, the atmosphere was anyt
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
DP President Norbert Mao on Tuesday pushed back against some of the recent FDC defectors to NRM who days earlier had castigated and written off his bid for speakership as being “dead on arrival,” simply because he is an outsider who the ruling party shouldn’t risk trusting with such a sensi
KAMPALA — The Uganda Communications Commission has trained 1,800 boda boda riders in an ambitious drive to transform the country’s informal transport sector into a digitally integrated workforce. Through its Beera Ku Digital initiative, the commission is executing a structural intervention de
Held in prison for long, denied bail, denied access to his doctors for proper medication and now he’s been denied prayers organized at Lubaga Cathedral. This time not on orders of a judge like Emmanuel Baguma but on orders of president Museveni through a call to the Archbishop Paul Ssemwogerere
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 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
February is typically characterised by hot, dry and sunny conditions, marking the tail end of Uganda’s December–February dry season.However, several parts of the country — particularly the Central region, areas around the Lake Victoria Basin, and southwestern Uganda — are currently
Museveni with General Mohamed Hamdan DagaloPresident Yoweri Kaguta Museveni welcomed General Mohamed Hamdan Dagalo, commander of Sudan’s Rapid Support Forces (RSF), to State House Entebbe amid intensifying calls for an end to Sudan’s protracted civil war. The Friday meeting centered on
