The Fund maintained its investment bias towards government securities as assets crossed the Shs1 trillion mark Kampala, Uganda | THE INDEPENDENT | Retail investors with a holding in UAP Old Mutual’s collective investment scheme will earn 11% interest on their funds as Assets Under Management cross the Shs1 trillion mark for the …
Read More »Centenary Bank partners with Foreign Affairs Ministry
Kampala, Uganda | THE INDEPENDENT | On Aug.4, Kampala, Centenary Bank together with Rotary Uganda partnered with the Ministry of Foreign Affairs to rally Ugandans in the diaspora and well-wishers in other countries to participate in the 2023 Cancer Run. This year’s run will be held under the theme: Run for …
Read More »UTB resumes grading, classification of hotels
Kampala, Uganda | JULIUS BUSINGE | Uganda Tourism Board has started a nationwide grading and classification exercise for hotels and other tourist facilities. This was revealed at a news conference held in Kampala on Aug.2 by Lilly Ajarova, the chief executive officer of UTB, Uganda Hotel Owners Association Chairperson and Vice …
Read More »Multichoice gives chance to film actors
Kampala, Uganda | THE INDEPENDENT | On July 27, MultiChoice Uganda through the Group’s flagship Corporate Social Value (CSV) programme, MultiChoice Talent Factory (MTF) announced a call for enrollment in short online courses for film industry actors. The fully-funded introductory TV production short online courses will be conducted by MTF in …
Read More »India commits $2million to boost digital financial inclusion across Africa
Kampala, Uganda | THE INDEPENDENT | The Indian government will contribute US$2 million to the Africa Digital Financial Inclusion Facility (ADFI) housed and managed by the African Development Bank to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Manisha Sinha, …
Read More »UNBS gets ISO 9001: 2015 certification
Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards has attained the ISO 9001: 2015 Quality Management Systems Certification. The achievement comes after excelling in the Quality Management Systems Audit carried out by Axe Register, covering the Development of National and Regional Standards for products and services (Standards …
Read More »MTN plans 125b dividend payout for 2023 Half-Year
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has set aside 125.4 billion shillings for its shareholders as dividends for the first six months of this year, translating into 5.6 shillings per share. The proposed first interim dividend is contained in the company’s financial results for the first half of the …
Read More »Financial institutions asked to embrace Green Financing
Kampala, Uganda | THE INDEPENDENT | Financial institutions in West Nile have been tasked to embrace green financing in order to tackle the significant effects of climate change in the region. Green financing, also known as sustainable finance refers to services and products that support ecologically-friendly businesses and projects. It broadens …
Read More »Vivo Energy Uganda introduces customer feedback platform, rewards ‘Cleanest’ Shell stations
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has this week announced a new innovative customer feedback platform. “The customer feedback platform will revolutionise the way we get feedback from our valued customers at Shell stations across the country,” said Vivo Energy Uganda Retail Manager, Alvin Bamutire. Vivo Energy Uganda is the company …
Read More »Museveni accuses PPDA of frustrating Public-Private Partnerships
Jinja, Uganda | THE INDEPENDENT | President Yoweri Museveni has accused the Public Procurement and Disposal of Public Assets Authority-PPDA of frustrating partnerships between state-owned agencies and private investors. Museveni argues that some PPDA protocols, which sound legally applicable in the course of procuring user items like machinery, are not …
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