Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …
Read More »PS Ggoobi: Not a free ride to $500 billion economy
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several challenges and that things that must be done in the right way. The strategy …
Read More »Ggoobi says budget success will depend on discipline and consensus
Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …
Read More »West Nile residents unhappy with ‘limited impact’ of budget
Arua, Uganda | THE INDEPENDENT | Ugandans in West Nile have expressed concern over what they described as the ‘little impact’ of the budget on the region. The government has earmarked over sh74 trillion for the financial year 2025-2026, up from sh52 trillion , with priorities in security, infrastructure, science …
Read More »Parliament demands that the country gets better Govt budget discipline
How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
Read More »Uganda projects 7% economic growth for FY 2025/26
How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
Read More »Museveni says digital number plates for security, not for EPS fines
“I think the confusion about fines could be because we didn’t have money, and we told these people to make the number plates and recover the money from those who make mistakes, but the issue is that the number plates is digitized,” said Museveni. Kampala, Uganda | THE INDEPENDENT | …
Read More »KASAIJA: Uganda’s economy has taken off
How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
Read More »MTN Uganda launches digital and health drive in Alur kingdom under 21 Days of Y’ello Care campaign
Pakwach, Uganda | THE INDEPENDENT | MTN Uganda has intensified its grassroots development efforts in the Alur Kingdom with the launch of this year’s flagship staff volunteerism initiative, “21 Days of Y’ello Care,” focusing on healthcare, digital inclusion, and youth empowerment. Held under the theme “Connecting at the Roots – …
Read More »Muyita and Namboozo heading to Iceland for The Young Inventors Prize 2025
Reykjavik, Iceland | THE INDEPENDENT & AGENCIES | The world’s focus will next week turn to Iceland as the Nordic island country hosts events of the The Young Inventors Prize 2025, where 17 brilliant minds—two Ugandans included—will be celebrated. The Young Inventors Prize 2025, set for June 18th in Reykjavik, will celebrate …
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