Researchers cite them as major cause of antenatal malnutrition Kampala, Uganda | AGENCIES | Food taboos are a set of proscriptions of certain foods or food combinations, and are prevalent for different reasons such as cultural, spiritual or ethical around the globe. A taboo against certain foods, such as dairy products, …
Read More »Vantage Capital ventures invests US$25million in Aquasantec International
The regional firm’s core product range includes various sizes and types of water storage and supply products including water tanks, underground tanks, drums and pipes Kampala, Uganda | THE INDEPENDENT | Africa’s largest mezzanine debt fund manager, Vantage Capital, has made a substantial investment into Aquasantec International, a manufacturer and distributor …
Read More »EU’s carbon border tax: a new report shows Africa stands to lose US$25 billion every year
Kampala, Uganda | AGENCIES | A new European law that imposes the first ever carbon border tax in the world comes into force in October 2023. It will be applied gradually over the next three years before it is fully implemented. A carbon tax is a type of levy imposed on …
Read More »dfcu’s new insurance campaign
Kampala, Uganda | THE INDEPENDENT | dfcu Bank has launched a new campaign targeting individuals in the insurance sector. Robert Muhiire who is dfcu Bank’s Principal Officer Bancassurance said the campaign is dubbed ‘Cover with Us’ and will provide a variety of insurance solutions to the Bank’s customers, which can be …
Read More »Absa unveils mobile payement solution for SMEs
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small businesses to accept card-based …
Read More »MTN Uganda pins Mobile Money growth on the supply chain platform
More than 600,000 customers are now using MTN MoMo as a mode of payment Kampala, Uganda | THE INDEPENDENT | MTN Uganda hopes to grow its MTN Mobile Money business on a newly launched mobile-based supply chain platform that allows businesses in the Fast-Moving Consumer Goods (FMCG) to place orders, generate …
Read More »Mao justifies DP, NRM cooperation agreement to Acholi people
Gulu, Uganda | THE INDEPENDENT | The Minister of Justice and Constitutional Affairs Norbert Mao has justified the cooperation agreement he signed with the ruling National Resistance Movement Party (NRM) as the best idea for harmonizing Uganda’s political divide. Mao, the President of the opposition Democratic Party (DP) was in July …
Read More »MPs demand better juvenile remand centres
Kampala, Uganda | THE INDEPENDENT | Members of Parliament have challenged the government to improve the condition of juvenile remand centres across the country. There are currently nine regional remand and rehabilitation facilities across the country, including one which is under construction in Moroto District and Kampiringisa National Rehabilitation Centre in …
Read More »Uganda invites South Africans to explore investment opportunities
Kampala, Uganda | THE INDEPENDENT | In a bid to increase trade with South Africa and invites businessmen with interest in East Africa to consider exploring Uganda’s various business and investment opportunities, Uganda through the Uganda High Commission in Pretoria is inviting businesses to explore investment in sectors such as agribusiness, …
Read More »UPDF summoned to parliament
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Anita Annet Among directed the Minister for Defense to provide an explanation for the Uganda People’s Defense Forces (UPDF) establishing a private security company under its business arm the National Enterprises Cooperation (NEC). The move comes after legislators raised concerns, labelling …
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