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
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
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
Kampala | Uganda — An open letter addressed to the President has raised serious concerns about alleged misconduct and internal conflict involving two senior directors at the Kampala Capital City Authority (KCCA).The letter, written by a self-described “concerned city citizen” from Ka
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
At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at leading universities in Uganda.The scholarships are being offered under the Airtel Africa Foundation Tech Fellowship, a ne
For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int
The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp
Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas
