Kampala, Uganda | THE INDEPENDENT & URN | At least sh3.6 billion has so far been lost by Ugandan investors in closed-down investment companies, which were declared Ponzi Schemes by the Capital Markets Authority (CMA). CMA issued a warning to the public on 18th September 2023 on potential losses from investing …
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African Development Bank to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road Kampala, Uganda | ISAAC KHISA | Uganda has secured a US$252bn (Approx. Shs 958bn) loan from the African Development Bank to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The lender’s board of directors approved the loan …
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Kampala, Uganda | THE INDEPENDENT | Motorcare Uganda Limited, a player in the Ugandan motor industry with over 27 Years of Experience with exclusive distribution rights for Ford vehicles has today launched the Next-Gen Ford Ranger with advanced safety and technology features. During the launch, Richard Musani the General Manager, Sales …
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Kampala, Uganda | THE INDEPENDENT | Uganda Baati has been recognized as “Quality Steel Manufacturer of the Year 2023” at the Annual KACITA Awards Gala-2023, held at the Motiv in Bugolobi. The KACITA awards were aimed at recognizing outstanding achievements of businesses and government agencies that have significantly contributed to …
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Nairobi, Kenya | THE INDEPENDENT | Pearl Dairy Farms Limited, a Ugandan milk processing firm behind the Lato brand, is set to acquire a Kenyan milk company in a transaction that will allow it to take on local firms and beat hurdles disrupting the supply and sale of its products in the …
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Kampala, Uganda | THE INDEPENDENT | Unifi Uganda, a credit loans company, has unveiled a first instalment campaign dubbed “Excuse My Loan”, an innovative competition that saw 35 lucky customers being relieved of loans totaling up to Shs15m, it said Dec.05 in a statement. Launched in April – May and again …
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Kampala, Uganda | THE INDEPENDENT | Airtel Uganda, Uganda’s First 5G Network has today launched the first 5G Home Broadband Device with a promise to boost connectivity in Uganda. The new development was announced during the Airtel Wednesday Night Golf monthly mug tournament held at Uganda Golf Club today Nov.29. The …
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Why Kenya and Rwanda have taken a step in the right direction ANALYSIS | MICHAEL MUTAVA | President William Ruto of Kenya recently announced that Kenya’s borders would be open to visitors from the entirety of Africa, with no visas required, by the end of 2023. He said: “When people cannot travel, …
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Kampala, Uganda | THE INDEPENDENT | Zeus The Agency has been named the Rising Agency of the Year at the 2023 Uganda Marketing Excellence Awards (UMEAs). This is a remarktable hat-trick of wins at the gala,underscoring their unwavering commitment to excellence in the dynamic landscape of marketing. This year’s award …
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Kampala, Uganda | PATRICIA AKANKWATSA | The annual Uganda Marketing Excellence Awards (UMEAs) were held on Friday night at the Kampala Serena Hotel, with Uganda Breweries Ltd (UBL) brands Smirnoff and Johnnie Walker taking home big wins. The event, themed “Celebrating ideas that work,” recognised outstanding performers in the …
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