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Liberty Life Assurance Uganda concludes Kuza School Challenge with support to student entrepreneurs

Kampala, Uganda | THE INDEPENDENT | Liberty Life Assurance Uganda has successfully concluded the inaugural Kuza School Challenge, an initiative aimed at fostering financial literacy and social entrepreneurship among secondary school students. The program, which began in September 2024 at Kabojja International School, culminated in a celebratory event where participating …

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Broken promises

How a Museveni-endorsed Onion project turned into a Shs500 million scandal in Rukungiri Rukungiri, Uganda | JULIUS BUSINGE | In a heartbreaking twist, the residents of Rukungiri District have watched their dreams of a better life vanish, as an onion project endorsed by President Museveni turned into a devastating loss of …

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Centenary Bank to invest $15 million in core IT system

Kampala, Uganda | THE INDEPENDENT | Centenary Bank Managing Director, Fabian Kasi, has emphasized the strategic importance of technology investment in maintaining the bank’s competitive edge, as the institution allocates $15 million to upgrade its core banking IT systems. Kasi, who shared his insights during the 62nd CEO Breakfast Meeting organized …

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New online tool to combat money laundering in Uganda

Kampala, Uganda | JULIUS BUSINGE | Africa Risk Management and Compliance Partners (ARMC) has unveiled the E-Learning Hub Tool, an innovative platform designed to enhance training on combating money laundering, terrorism financing, and proliferation financing. The tool, launched during a workshop in Kampala on November 15, allows organizations to deliver flexible, …

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170,000 coffee farmers registered ahead of EU deadline

Kampala, Uganda | THE INDEPENDENT | At least 170,000 coffee farmers and value-chain actors have been registered in Uganda’s national database as the country approaches the December 31st deadline to comply with the European Union Deforestation Regulations (EUDR). According to Israel Ssebugenyi, the Technology Development Manager at the Uganda Coffee Development …

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DTB, Airtel, and Credable Group launch micro-loan partnership

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) Uganda, Airtel Money, and Credable Group have signed a tripartite agreement to enhance financial inclusion in Uganda with the introduction of a mobile-based consumer banking solution called Kwasa Kwasa. This collaboration enables Airtel Money customers to instantly access affordable, short-term loans …

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