Three-year partnership will combine trade finance, insurance and reinsurance expertise to build skills across African markets AFRICA NEWS | ISAAC KHISA | The African Export-Import Bank (Afreximbank) and ZEP-RE have signed a three-year agreement to strengthen professional and institutional capacity in trade, insurance, reinsurance, risk management and trade …
Read More »Vivo Energy takes Shell workforce training to stations across Uganda
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has launched a mobile training programme aimed at taking skills development closer to employees working at Shell service stations and mechanics across the country. The initiative, dubbed “Learning on Wheels,” consists of two mobile training units a Retail Academy and a Shell Lubricants …
Read More »Kuteesa urges Ugandans to buy from local entrepreneurs
Kampala, Uganda | JULIUS BUSINGE | Minister of State for Gender and Culture Mary Kamuli Kuteesa has urged Ugandans to support local entrepreneurs by buying their products, saying domestic demand is critical to helping small businesses grow and create jobs. When asked about the government’s strategy to connect local entrepreneurs …
Read More »Ecobank launches digital lending facility for merchants based on transaction history
Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda has launched a digital lending facility that allows eligible merchants to access up to Shs70 million in working capital based on their digital transaction history rather than physical collateral. The Electronic Merchant Cash Advance (eMCA) is designed to provide short-term financing to …
Read More »Uganda shilling slides on rising oil prices, falling dollar inflows
Kampala, Uganda | URN | The Uganda Shilling has continued to weaken against the US Dollar, with the official Bank of Uganda (BoU) exchange rate reaching new highs on Tuesday. The dollar was quoted at 3,919 Shillings on the official market, while commercial banks were selling it for as much …
Read More »Why institutions fail
Kampala, Uganda | URN | Uganda Development Bank’s Managing Director, Patricia Adongo Ojangole, says institutional collapse rarely happens suddenly, suggesting that institutions weaken gradually, through ignored risks, broken controls, compromised governance, and small ethical decisions that accumulate over time. She used this analogy to warn and urge newly qualified internal …
Read More »Uganda Marketing Excellence Awards return with focus on industry trends and impact
Kampala, Uganda | THE INDEPENDENT | Uganda’s marketing industry is set to come under review as the Uganda Marketing Excellence Awards (UMEAS) return for their sixth edition, with organisers planning a State of Marketing Address to examine emerging trends and challenges shaping the sector. The awards, organised by Evolve Group …
Read More »NSSF revenue shoot to Shs6.5 trillion
Kampala, Uganda | URN | The National Social Security Fund recorded an 85 percent increase in total revenue in the financial year ended June 2026, with income rising to 6.51 trillion shillings. NSSF Managing Director Patrick Ayota attributed the growth to improved performance of the economy and the sectors and …
Read More »How AI is determining the price of your airline ticket
East African airlines are using algorithms to make pricing decisions leaving a question: when the price on the screen changes, how much of that decision belongs to a human revenue manager and how much belongs to a machine? NEWS ANALYSIS | IAN KATUSIIME | At midday on …
Read More »Equity Bank set to give Zigoti Coffee expansion plans a big boost
Kampala, Uganda | NEWS CORRESPONDENT | Equity Bank Uganda is exploring expanded commercial credit support for Zigoti Coffee Works Limited as the family-owned company seeks to increase coffee production, value addition and access to new markets. These discussions followed an Equity Bank visit to Zigoti’s farm and processing facilities …
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The Independent Uganda: You get the Truth we Pay the Price