Business

Kampala, Uganda | THE INDEPENDENT | AB InBev’s Ugandan unit, Nile Breweries Limited, has launched a campaign to promote responsible drinking. Running under the tagline “Enjoy Like a Boss – Be a Champion of Moderation,” the campaign seeks to induce self-moderation in consumption through creating awareness about the dangers associated with …

Kampala, Uganda | THE INDEPENDENT | Uganda’s aviation sector scored 72.17% in an on-site audit conducted by the International Civil Aviation Organization (ICAO) said the Minister of State for Transport, Fred Byamukama on Sept.28. Byamukama said the international audit was undertaken to evaluate the effectiveness of Uganda’s safety oversight systems in …

Kampala, Uganda | THE INDEPENDENT | Buganda Kingdom has demonstrated its commitment to the Kingdom’s economy and cooperation with key market players by undertaking a substantial investment in Airtel Uganda’s Initial Public Offering (IPO). Charles Peter Mayiga, the Kingdom’s Prime Minister pledged to procure 2 million shares on behalf of the …

The Fund is challenged to create more solutions that will further address social protection in line with the International Labour Organization Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund declared a 10% interest rate for savers for the fiscal year 2022/2023 compared to 9.65% the previous year but …

Kampala, Uganda | THE INDEPENDENT | CNOOC Uganda Limited held a prestigious send-off ceremony to celebrate the achievements of its International Scholarship Program beneficiaries. The event marked a significant milestone in the journey of three outstanding Ugandan students who are set to pursue a Bachelor of Petroleum Engineering at the China …

Kampala, Uganda | THE INDEPENDENT | Uganda Registration Services Bureau, the national business registry, has this morning launched its mass business registration campaign aimed at promoting formalization among entrepreneurs and small business owners. In a news release shared today, the bureau said this initiative seeks to simplify the registration process, raise …

Kampala, Uganda | THE INDEPENDENT |  Quarterly Review of the Performance of Uganda’s Financial Markets, with Catherine Kijjagulwe, Head of Trading at Absa Bank Uganda. ****** QUESTION:  How did the shilling open the third quarter of the year? The shilling opened the month of July 2023 at the 3665/3675 levels. QN: What …

Uganda Communication Commission report shows that the country’s telecommunications operators received 205,511 complaints from consumers, including cases related to SMS pumping fraud Kampala, Uganda | THE INDEPENDENT | In an era where brands are increasingly relying on SMS communication to engage with customers, cybercriminals are continually devising new tactics to exploit …

Gulu, Uganda | THE INDEPENDENT | The Uganda Registration Services Bureau (URSB) has embarked on a countrywide campaign to popularize the Insolvency Amendment Act 2022 and the importance of business registration. The campaign which targets legal practitioners, policymakers, and business owners is being conducted to build capacity, create awareness, and drive …

Kampala, Uganda | THE INDEPENDENT |  The financial industry has launched new efforts to encourage small and micro enterprises to embrace “climate-smart” operations, amidst growing restrictions on financing. The global and local are increasingly under pressure to target their finances towards projects that contribute to the mitigation of the effects of …