KAMPALA, UGANDA | THE INDEPENDENT | Standard Chartered Bank has been fined 60 million Shillings for cancelling a loan ...

In a January 7 letter to ICT Minister Chris Baryomunsi, the Bank noted that government financing stands at just 2 percent, or $4 million (Shs14.5 billion), while the project is scheduled to ...

Members of parliament on the Budget committee have raised concerns over discrepancies between the government’s stated ...

The African Development Bank (AfDB) on Monday announced that it will unveil funds to finance the importation of electricity from neighboring Uganda to South Sudan.

Bank of Uganda has maintained the central bank rate at 9.75 per cent as conditions remain modest for a radical intervention.

Uganda is seeking to borrow $190 million from Stanbic Bank to compensate power distributor Umeme Limited for its investments in the national grid after its concession expires next month, a senior ...

America was also the biggest donor of foreign aid. Initially, the point was to offer a hand-up to Africa’s underdeveloped ...

Absa Bank Uganda has reaffirmed its commitment to nurturing Ugandan golf talent by sponsoring a team of 10 players to compete in the esteemed 2025 Absa Magical Kenya Open.The golfers will participate ...

The project will improve power stability, support rural electrification, and drive socio-economic development.

Electric vehicles in Uganda presents immense opportunities and is projected to experience significant growth in the coming years.

Uganda is deploying troops to the border with the Democratic Republic of Congo as the conflict in eastern Congo continues.

The OPEC Fund and the Industrial Development Bank of Turkiye signed an agreement for a $52.46 million loan to support climate ...