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Intra-Africa trade surges to record $220bln as top economies recover

Intra-Africa trade surges to record $220bln as top economies recover

Trade among African nations soared to $220.3 billion in 2024, a significant 12.4 percent increase, marking a rebound for the continent. This surge, coming after a 5.9 percent contraction in 2023, signalled a turnaround driven by economic recovery...

Ugandan opposition leader says political climate going from 'bad to worse' ahead of 2026 election

Ugandan opposition leader says political climate going from 'bad to worse' ahead of 2026 election

Uganda's leading opposition figure said the political climate has “gone from bad to worse” before presidential polls set for early next year. Bobi Wine said there have been more threats on his life and other activists mobilising against Uganda's...

Diamond Trust Bank gets ISO 27001:2022 certification in information security

Diamond Trust Bank gets ISO 27001:2022 certification in information security

The certificate was presented to Sebana by Mike Kamau, managing director Cert-Trust Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) has officially been awarded the ISO 27001:2022 certification, a globally recognized standard for...

‘Nigeria, Other African Central Banks Gold Rush Faces Liquidity Crisis’, Fitch Warns

‘Nigeria, Other African Central Banks Gold Rush Faces Liquidity Crisis’, Fitch Warns

Nigeria and other sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana,...

Ryan Ogam: The man Harambee Stars will bank on for goals

Ryan Ogam: The man Harambee Stars will bank on for goals

Harambee Stars forward Ryan Ogam during a training session as the team finalises its preparations for the 2024 African Nations Championship (CHAN) at Police Sacco Stadium on July 30, 2025. [Stafford Ondego, Standard] My mission will be to score...

Kenya and Uganda Deepen Tourism Ties to Promote Seamless East African Travel

Kenya and Uganda Deepen Tourism Ties to Promote Seamless East African Travel

Kenya and Uganda have reaffirmed their commitment to strengthening tourism diplomacy, paving the way for seamless travel experiences across East Africa. The renewed efforts are expected to accelerate cross-border tourism and stimulate shared...

African central banks’ gold rush faces liquidity, price risks, Fitch unit says

African central banks’ gold rush faces liquidity, price risks, Fitch unit says

Sub-Saharan African central banks that have added gold to their reserves in recent years could face price and liquidity crises if the value of the precious metal slides, BMI, a unit of Fitch Group, said on Wednesday. Ghana, Tanzania and Nigeria...

Ugandan opposition figure describes struggle ahead of next year's vote

Ugandan opposition figure describes struggle ahead of next year's vote

KAMPALA, Uganda -- Opposition figure Bobi Wine said the political climate in Uganda has “gone from bad to worse” ahead of presidential polls set for early next year, citing threats to himself and other activists mobilizing against the longtime...

Uganda President Yoweri Museveni expected to arrive in Kenya today

Uganda President Yoweri Museveni expected to arrive in Kenya today

President Yoweri Museveni of Uganda is expected to aarive in Nairobi on Wednesday for a three-day official visit aimed at strengthening ties between Kenya and Uganda. President William Ruto welcomed him at State House, Nairobi, where the two heads...

Euro Gold Refinery opens in Kampala to fight scams

Euro Gold Refinery opens in Kampala to fight scams

Minister of Energy and Mineral Development Dr. Ruth Nankabirwa Ssentamu (L), Phiona Nyamutoro State Minister for Minerals (C) and Euro Gold Refinery Director Feni Benard (R). Kampala, Uganda | THE INDEPENDENT | A section of Uganda’s artisanal...

I&M Bank Ignites SME Dreams with ‘Tukikube’ Campaign Launch

I&M Bank Ignites SME Dreams with ‘Tukikube’ Campaign Launch

By David Mwanje I&M Bank Uganda gathered Small and Medium-sized Enterprises (SMEs) at the opulent Kampala Serena Hotel. The breakfast meeting pulsed with promise as entrepreneurs absorbed the launch of the “Tukikube ne I&M Bank” campaign a bold...

Uganda ramps up fight against mother-to-child disease transmission

Uganda ramps up fight against mother-to-child disease transmission

Government has stepped up its efforts to eliminate the vertical transmission of HIV/Aids, syphilis, and hepatitis B — three infections that continue to threaten the lives of mothers and their babies, despite the availability of effective...

Democratic mayoral nominee Zohran Mamdani speaks on midtown shooting after returning from Uganda

Democratic mayoral nominee Zohran Mamdani speaks on midtown shooting after returning from Uganda

Democratic nominee Zohran Mamdani joined the brother of fallen security officer Aland Etienne Wednesday afternoon to honor the victims from Monday's shooting. Both men gathered at 32 BJ headquarters in Manhattan - the union that Etienne was a part...

Kenya, Uganda ink 8 new trade deals to boost bilateral relations

NAIROBI, July 30 (Xinhua) -- Kenya and Uganda on Wednesday signed eight additional bilateral memoranda of understanding (MoUs), building on the 17 agreements already in place, to strengthen legal and institutional cooperation across strategic...

Uganda Clays' losses, coffee investment and market trends | BUSINESS NOW

Uganda Clays' losses, coffee investment and market trends | BUSINESS NOW

Uganda Clays' losses, coffee investment and market trends | BUSINESS NOW Uganda Clays reports losses at its AGM, a $30 million coffee factory is set for Ntungamo, and we bring you key insights from the financial markets.

Fatal lullaby: Scary tales of Nigerian mothers soothing babies with alcoholic drinks

Fatal lullaby: Scary tales of Nigerian mothers soothing babies with alcoholic drinks

Children, barely able to walk, are being introduced to alcohol by the very hands meant to protect them. Across parts of Nigeria, the age of first contact with intoxicants is dropping, sometimes as early as two years, fuelled by ignorance, cultural...

Uganda Tribunal rules Coca-Cola agent falsely claimed US$2.7M services as exports to evade VAT 

Uganda Tribunal rules Coca-Cola agent falsely claimed US$2.7M services as exports to evade VAT 

UGANDA – Uganda’s Tax Appeals Tribunal has ruled that Allied Beverages Limited, Coca-Cola’s marketing agent in Uganda, misclassified local services as exports in an attempt to evade UGX 9.7 billion (US$2.7 million) in value-added tax (VAT). The...

Economic growth averages 6.9 per cent

Economic growth averages 6.9 per cent

The ministry of Finance, Planning and Economic Development says Uganda’s economy is continuing to exhibit resilience and sustained growth in spite of the global uncertainties such as trade wars and international conflicts. The ministry said...

OPINION: Why politicians must not repeat 2011 mistakes on Uganda’s economy

OPINION: Why politicians must not repeat 2011 mistakes on Uganda’s economy

Walk-to-Work protest led by Dr. Kizza Besigye in 2011 OPINION | Julius Businge | In 2011, monetary policy briefings at the Bank of Uganda Boardroom, Level 7, delivered by the late Prof. Emmanuel Tumusiime Mutebile and often flanked by his deputy,...

British Investor Loses Shs3Bn in Uganda Gold Scam, City Law Firm M-Smith Cited

British Investor Loses Shs3Bn in Uganda Gold Scam, City Law Firm M-Smith Cited

By Pepper Intelligence Unit Kampala, Uganda—In a harrowing tale of deception, loss, and legal ambiguity, a British national of New Zealand descent has come forward with claims that he was defrauded of over $800,000 (about Sh3 billion) in a series...

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