Kampala, Uganda | THE INDEPENDENT | Uganda Airlines, often criticised for its heavy financial losses, still holds significant investment potential if strategic reforms are implemented, a new House report has revealed. The Public Accounts Committee on Commissions, Statutory Authorities and State Enterprises (PAC-COSASE) on the airline, has pointed out that …
Read More »Absa Bank Uganda concludes ‘Play Your Cards Right’ 2025 campaign, winners get sh120 million
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has today concluded a three-month “Play Your Cards Right” campaign with August and Grand Finale winners walking away with sh120m in cash prizes. Four winners for the month of August each won sh10m, while the two overall campaign winners each received …
Read More »I&M Bank campaign puts SMEs in the fast lane with pickup truck financing
Kampala, Uganda | THE INDEPENDENT | I&M Bank’s Tukikube ne I&M Bank campaign is gaining traction among small and medium- sized enterprises (SMEs), less than two months after its launch, with entrepreneurs already tapping into the bank’s flexible asset financing solutions. On Tuesday, the bank handed over a brand-new Mitsubishi pickup truck …
Read More »Premier Distilleries wins People’s Choice Award for Coffee Spirit Vodka
Kampala, Uganda | THE INDEPENDENT | Premier Distilleries Limited (PDL) has been named the 2025 People’s Choice Award winner in the Blended Alcohols category for its Coffee Spirit Flavoured Vodka. The recognition was announced during the People’s Choice Awards Gala Dinner held on August 29 at the Imperial Royale Hotel, officiated …
Read More »Jubilee Life wins people’s choice award, CEO urges early financial planning
Kampala, Uganda | THE INDEPENDENT | Jubilee Life Insurance has been recognized as Uganda’s leading provider of innovative and excellent life insurance solutions, receiving the Best Excellence and Business Innovation Life Insurance Provider Award at the People’s Choice Quality Awards. The accolade, awarded in consultation with national statutory bodies, comes on …
Read More »Africa diversifies trade to weather U.S. tariff storm
NAIROBI, KENYA | Xinhua | As the U.S. tariff storm disrupted Africa’s commercial landscape, the continent has responded by actively strengthening regional integration, diversifying markets and enhancing its role in industrial and supply chains. On July 31, U.S. President Donald Trump signed an executive order to further modify tariff rates …
Read More »10000 Savings Groups initiated by World Vision receive loans financing from Vision Fund
Kampala, Uganda | THE INDEPENDENT | Close to 10,000 Savings Groups initiated by World Vision Uganda have received additional financing from VisionFund in the form of FAST (Finance, Accelerating, Saving groups, Transformation) loans to the value of approximately USD $2 M over the past 3 years, according to Richard Rumsey, …
Read More »Close to 1 million winners created with the Uganda National Lottery
Kampala, Uganda | THE INDEPENDENT | The Uganda National Lottery, operated by ITHUBA Uganda, is celebrating a remarkable milestone this week. More than 986,000 winners have been created across multiple games since its launch on June 1, 2024. Since its launch, the Uganda National Lottery has rewarded participants across a …
Read More »Comprehensive survey on ESG Practices in Uganda launched by Kasi Insight and Capital One Group
The findings from this survey, which will be announced at an awards ceremony on Wednesday 22nd October 2025, are expected to provide actionable guidance, fostering greater ESG adoption and contributing to Uganda’s sustainable development goals. Kampala, Uganda | THE INDEPENDENT | Kasi Insight, Africa’s leading Decision Intelligence Platform operating across …
Read More »IRA’s Kaddunabbi urges accountants to make insurance the pillar of Uganda’s social cohesion
Entebbe, Uganda | Julius Businge | Kaddunabbi Ibrahim Lubega, the chief executive officer of the Insurance Regulatory Authority (IRA), has challenged Uganda’s accountants to transform their profession and safeguard the nation by championing personal insurance. Speaking at the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda …
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