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Entries Open for the 2023 Accountancy Service Awards

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda has unveiled the 2023 Accountancy Service Awards (ASA) Awards to recognise outstanding individuals and institutions that have made an impact in the accountancy profession and in their communities. Introduced in 2015, the Accountancy Service Awards are premium …

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Turaco gets an underwriting license in Uganda

Kampala, Uganda | THE INDEPENDENT | Turaco, an insurtech company has acquired an underwriting license in Uganda and aims to provide affordable and simple microinsurance products, reaching unserved and underserved individuals, executives said on Aug.22 in Kampala. According to the Turaco officials, the firm will design and distribute simple products …

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Stanbic Bank reports 23.5% rise in H1 profit

This comes as the economy continues to recover from the consequences of the Covid 19 pandemic, the Russia-Ukraine war, and the tightening of global financing conditions Kampala, Uganda |  THE INDEPENDENT | Uganda’s biggest bank, Stanbic Bank, has reported a 23.5% rise in the first-half profit after tax to Shs 200bn …

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Banks strive to counter cyber threats

Annual Bankers’ Conference 2023 unveils strategies for digital resilience Kampala, Uganda | PATRICIA AKANKWATSA | Cybersecurity has become a critical concern as digital transformation sweeps across Uganda’s banking landscape. The recently concluded Annual Bankers’ Conference 2023 provided a platform for industry leaders, experts, and stakeholders to deliberate on the escalating cybersecurity …

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Goro Cottages: Relaxing in the wild  

  The 17 cottage facility is situated between Queen Elizabeth and Bwindi Impenetrable National Parks Kihihi, Uganda | IAN KATUSIIME | Goro Cottages, located in Kihihi town, Kanungu district in western Uganda, offers a comfortable and relaxing atmosphere as one ventures into the wild. Situated between Queen Elizabeth and Bwindi …

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Umeme makes record revenues in Half Year Results

Kampala, Uganda | THE INDEPENDENT | With barely 18 months to run out its 25-year concession, power distributor, Umeme Ltd has made a 49 percent growth in operating profit for the first half ended June 2023. The company attributed the profit before amortisation and impairment, tax, and interest of 243,530 billion …

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