UDB posts robust performance for 2024; hailed for supporting Bwera School of Nursing and Midwifery Kasese, Uganda | THE INDEPENDENT | Uganda Development Bank Limited (UDB) has reported significant year-on-year growth for 2024, showcasing robust performance across key metrics, characterized by healthy asset quality and increased development impact throughout the country. …
Read More »COMMENT: Trump ‘reciprocal tariffs’ could trigger ripple effects on global economy
COMMENT | Maya Majueran | U.S. President Donald Trump has instructed his economic advisors to formulate comprehensive plans for implementing “reciprocal tariffs” on nations that tax U.S. imports, as part of a broader strategy to address what the administration perceives as unfair trade practices. Such measures, however, carry significant risks …
Read More »Anti-Counterfeit Network unveils Bleep App to combat counterfeit trade in Uganda
KAMPALA, UGANDA | Julius Businge | Despite ongoing efforts to curb counterfeit trade in Uganda, significant progress remains elusive due to regulatory bodies’ limited manpower and a lack of consumer awareness. In response to these challenges, the Anti-Counterfeit Network (ACN) has launched the Bleep App, a digital platform designed to …
Read More »Flight costs, visa headaches stagnating Africa’s domestic flight market
Uganda Airlines will continue to struggle without a domestic market COMMENT | WESLEY KAMBALE | In 2024, Africa’s domestic flight market was almost nonexistent, accounting for just 0.4% of the global domestic flight market (38.2%) and a mere 1.8% of the global international flight market (61.8%). This weak domestic market …
Read More »Is URA frustrating its contracted auctioneers?
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has left a group of contracted auctioneers asking questions after being reportedly excluded from the next auction. The auction was supposed to take place in early October and the auctioneers were informed to get ready for the task as is usually …
Read More »Ggoobi engages WTO chief Zhang on digital transformation, 10-fold growth strategy
Secretary to the Treasury, Ggoobi meets multinational coffee merchant Tamari in 2-day visit to Geneva Geneva, Switzerland | THE INDEPENDENT | Secretary to the Treasury, Ministry of Finance, Planning and Economic Development Ramathan Ggoobi has expressed gratitude to the World Trade Organization (WTO) for its continuous support to Uganda. He highlighted the …
Read More »BrighterMonday Uganda and ICT innovation hub partner to boost soft skills and digital readiness
KAMPALA, UGANDA | THE INDEPENDENT | BrighterMonday Uganda has announced a strategic partnership with the ICT Innovation Hub to enhance soft skills and digital literacy among job seekers and professionals. The collaboration addresses the growing demand for well-rounded professionals by equipping individuals with the essential competencies needed to thrive in …
Read More »Nigeria to host 32nd Afreximbank Annual Meeting in Abuja
The 2025 edition is expected to be the largest in the event’s history, drawing over 6,000 delegates, including Heads of State, business leaders from Africa, the CARICOM region, and beyond Lagos, Nigeria | THE INDEPENDENT | Nigeria and Afreximbank have signed the Host Country Agreement for the 32nd Afreximbank Annual Meetings …
Read More »KCB Bank Uganda gives Kobs sh195million boost, unveils new kit
Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda has today reaffirmed its commitment to KOBs Rugby Club by unveiling the team’s new kit for the 2025 season and announcing a cash boost of sh195 million to support their title ambitions. The announcement was made during a press engagement at …
Read More »Centenary Bank to host the 17th GABV Annual General Meeting
Kampala, Uganda | THE INDEPENDENT | Centenary Bank, Uganda’s leading microfinance institution, has today announced that it will host this year’s edition of the Global Alliance for Banking on Values (GABV) Annual General Meeting. The event, which will be held at the prestigious Speke Resort Munyonyo in Kampala will run …
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