Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has finally assented to the Appropriation Bill that was passed by Parliament in April. The Appropriation Bill is the other name for the budget that lays out how government is going to raise money and how it intends to spend …
Read More »China, Kazakhstan launch new connectivity projects to boost bilateral, regional cooperation
ASTANA | Xinhua | In a major step aimed at bolstering connectivity and cooperation, visiting Chinese President Xi Jinping and Kazakh President Kassym-Jomart Tokayev on Wednesday attended the opening ceremonies of one transportation project and several cultural exchange facilities. These projects, poised to enhance both bilateral and regional connectivity, highlight …
Read More »Using mobile money to buy and sell across Africa – a fast track to economic integration
COMMENT| Gabby Asare Otchere-Darko |Â For over sixty decades, from the Mali Empire through to the OAU Summit of May 1963 and incrementally to date, African unity has remained but a collective dream. One that has been sustained more by a recognition of its essence rather than a conviction for its …
Read More »Equity Bank Uganda crowns Tupange SMEs initiative in Luweero
Luwero, Uganda | THE INDEPENDENT | Minister of State for Kampala Capital City and Metropolitan Affairs Joseph Kyofa Kabuye has hailed Equity Bank for supplementing government’s drive to boost wealth creation in the Luwero region. Kyofa Kabuye acknowledged government’s efforts in creating a conducive environment for entrepreneurship, that Equity Bank is using …
Read More »Ibrahim Kato named Chief Retail Officer at PostBank
Kampala, Uganda | THE INDEPENDENT | Ibrahim Kato is PostBank Uganda Limited’s new Chief Retail Officer. According to a statement from the bank, Kato will be responsible for the formation and execution of the bank’s business growth strategy across distribution channels, fintech business, aales, and bancassurance. “Ibrahim currently oversees the bank’s retail …
Read More »Uganda Breweries scoops top environment award from NEMAÂ
Kampala, Uganda | THE INDEPENDENT |Â Uganda Breweries has been honored with the prestigious National Sustainable Environment Award in the Food and Beverages sector at the National Environment Management Authority (NEMA) Sustainability Awards. The award recognises UBL’s commitment to environmental stewardship and sustainable business practices, showcasing its continuous efforts to …
Read More »From IT specialist to poet extraordinaire: The story of Njeri Wangari
Known as “The Kenyan Poet”, Njeri Wangari is recognized for her pioneering work in African poetry blogging. Wangari’s journey into poetry began in 2004, coinciding with the emergence of spoken word performance in Kenya. She is considered one of Africa’s first contemporary poets and one of Kenya’s earliest spoken word …
Read More »Centenary Bank hands relief to Kasese flood victims
Kasese, Uganda | THE INDEPENDENT |Â Centenary Bank, the largest commercial microfinance bank in Uganda, in response to the devastating landslides and floods that struck Kasese District in May, displacing over 1,000 families, has stepped forward with a substantial donation to aid affected communities. The catastrophic event saw major rivers such …
Read More »World Bank: Supplementary expenditures eroding credibility of Uganda budget
Kampala, Uganda | THE INDEPENDENT | The World Bank has advised the government to focus on budget discipline this financial year if the fiscal policies are to benefit the citizens and the nation as a whole. The financial year2023/2024 was characterized not only what has been termed non-prioritized spending, but …
Read More »Growing middle class boosts Carrefour’s growth in Uganda
Kampala, Uganda | THE INEDEPENDENT |Â In 2019, French supermarket giant Carrefour agreed with Shoprite Checkers Uganda Limited to take over its Shoprite franchise in the country. This strategic move has since positioned Carrefour as a leading player in Uganda’s retail market, capitalizing on a stable economy and a growing …
Read More »