Liberty life Assurance – Kuza Plan to Transform Financial Security: Empowering financial protection and liberty Kampala, Uganda | THE INDEPENDENT | Liberty Life Assurance Uganda has introduced the Kuza Plan, a revolutionary financial product merging savings with life and disability insurance. Positioned as a beacon of security and adaptability, …
Read More »
INTERVIEW | RAPHAEL OBONYO | Carbon markets are increasingly dominating conversations about climate change interventions, especially in Africa. The world’s largest carbon market auction was held last June in Nairobi, where more than 2.2 million tonnes of carbon credits sold. Africa Renewal’s Raphael Obonyo spoke to Riham ElGizy, CEO of Regional …
Read More »
Paris, France | THE INDEPENDENT | The first-ever high-level Summit on providing clean cooking access to the more than 1 billion people in Africa has so far raised mobilized $2.2 billion in financial pledges from governments and the private sector. The co-chairs of the Summit on Clean Cooking in Africa including the President of …
Read More »
WASHINGTON | Xinhua | U.S. President Joe Biden signed into law Monday a bill that will prohibit U.S. imports of unirradiated low-enriched uranium from Russia. U.S. National Security Advisor Jake Sullivan said in a statement that Biden signed the Prohibiting Russian Uranium Imports Act, which is aimed at “reducing, and …
Read More »
In Africa, countries like Egypt, Morocco, Tunisia, South Africa, Ghana, Ethiopia, Kenya, and Rwanda are seeing rapidly growing BPO industries COMMENT | ANGELLA KAKUMIRIZI | Businesses worldwide are increasingly adopting Business Process Outsourcing (BPO) to manage their non-core functions. From customer service roles, such as call centers, to back-office processing that …
Read More »
Kampala, Uganda | THE INDEPENDENT | The State Minister of Finance for Industry, David Bahati, has reiterated his call to commercial banks to lower interest rates for manufacturers to stimulate growth in the sector. Speaking at the recently held two-day Financial Symposium at the Uganda Manufacturers’ Association in Kampala, Bahati highlighted …
Read More »
The company remains focused on maintaining the growth momentum and ensuring EBITDA margin resilience, in line with its ambition 2025 objectives Kampala, Uganda | THE INDEPENDENT | MTN Uganda net profit for the first three months to March rose 24% to Shs150bn driven by solid growth in its voice, data and …
Read More »
The government is already struggling to meet revenue targets due to a slowdown in economic performance ANALYSIS | TIMOTHY NJAGI NJERU | There were early warnings that Kenya’s long rain season – between March and May – was going to bring above-normal rainfall. The extreme intensity of the rain has resulted in devastating …
Read More »
However, the government owes KRECS Shs700 million for funding new connections. Kampala, Uganda | THE INDEPENDENT | State-owned Uganda Electricity Distribution Company Ltd (UEDCL) has officially taken control of Kyegegwa Rural Electricity Cooperative Society (KRECS) Limited, a key player in power distribution across several central districts, firming its grip on the …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s national carrier, Uganda Airlines, has signed a short-term lease agreement with Global Airlines based in Johannesburg, South Africa, to enhance its operational efficiency as some of its aircraft proceed on scheduled maintenance. The airline operates a fleet of six aircraft including four CRJ’s and …
Read More »
The Independent Uganda: You get the Truth we Pay the Price