Business

Kampala, Uganda | THE INDEPENDENT | Reach a Hand Uganda (RAHU) in partnership with Sauti Plus Media Hub has launched the Leesu FemPower Project that is dedicated to uplifting and empowering female filmmakers and enhancing Uganda’s film industry. The Leesu FemPower project will provide a platform for young women to share …

The company has declared an interim dividend of Shs 3.5 per share, payable on or before December 12 Kampala, Uganda | THE INDEPENDENT | Kampala-based pharmaceutical firm, Quality Chemical Industries Ltd. (QCIL), has posted an impressive Profit After Tax of Shs 22.05 billion for the half-year period ending September 30, marking …

To allow users time to adapt, the government has set a compliance deadline of December 31, 2024 Kampala, Uganda | THE INDEPENDENT | Uganda’s insurance regulator, Insurance Regulatory Authority of Uganda (IRA), in partnership with the Uganda Revenue Authority (URA), has launched an integrated online platform dedicated to marine and goods-in-transit …

Dr Tumubweine Twinemanzi, noted that the number of Ugandans saving had grown from 54% In 2018 to 60% in 2024. However, savings that are not invested come to naught. Kampala, Uganda | LYDIA MIREMBE | On October 31st, stakeholders in the financial services sector commemorated World Savings Day 2024, with …

Kampala, Uganda | THE INDEPENDENT |  Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, joins the global community in celebrating World Quality Week from November 11th to 15th, 2024. This year’s theme, ‘Compliance to Performance,’ aligns with Vivo Energy’s ongoing commitment to excellence, emphasizing …

Governments across the globe are concerned about the rapid evolution of the iGaming sector and its harmful influence on populations’ well-being, and New Zealand is no exception. It’s no secret that gambling activities can result in unpleasant consequences like compulsive behaviours and addictions, and not every user can control themselves …

  Kampala, Uganda | THE INDEPENDENT | The Government of Uganda has reaffirmed its commitment to the Digital Tax Stamps (DTS) program, emphasizing its role in strengthening tax compliance and market integrity. Isaac Arinaitwe, the Ministry of Finance’s Principal Economist, explained that the DTS program, launched in 2019, has been …

Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda has handed over cash prizes totaling sh100 million to winners from the ongoing card usage campaign dubbed “UGX 200 million can change your story”. The 10 winners used their Absa debit or credit cards for at least five transactions in the …

This strong performance allowed MTN Uganda to declare a second interim dividend of Shs 7.5 per share Kampala, Uganda | THE INDEPENDENT | MTN Uganda has recorded a significant 29.6% increase in profit after tax, reaching Shs 459.4 billion for the nine months ending September 30, 2024. The robust growth is …

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda today (Nov.12) announced a partnership with Xpress Money, an international money transfer service, to simplify and expand remittance access for Uganda’s diaspora community. “We are thrilled to join hands with Xpress Money to boost our remittance offerings,” said DTB Uganda’s Chief …