Business

Kampala, Uganda | THE INDEPENDENT | The total value of the companies listed on the Uganda Securities Exchange (USE) dropped by 10.5 percent in the last quarter of this year (April-June) mainly due to the turmoil in Kenya, according to the Capital Markets Authority (CMA). The total market capitalization decreased …

UNWTO data shows international arrivals across Africa are back to 88% of pre-pandemic levels Kampala, Uganda | RONALD MUSOKE |Following the COVID-19 pandemic crisis that left the tourism industry across the continent on the brink of collapse, the sector is said to be on the rebound, according to the United …

  Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has activated the first 5G site at Bulange in Mengo to boost connectivity and digital inclusion in Uganda. In February this year, Airtel Uganda conducted tests on 11 4G sites in Kampala after applying for a spectrum to Uganda Communications Commission to …

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) members made an exploratory visit to Raxio’ state-of-the-art data centre in Namanve Business Industrial Park on July 26 The visit aimed to delve into the advanced technology and infrastructure underpinning the seamless and secure banking services offered to customers nationwide. …

Kampala, Uganda | THE INDEPENDENT | Absa Bank in partnership with UAP Old Mutual unveiled Absa Medical Insurance policy targeting self-employed and non-salaried individuals in the drive to increase access to health insurance. The policy that covers treatment for critical illness, inpatient, optical, dental, maternity, disability cover, funeral expenses, a wellness …

The new technology will open doors to more investment, foster innovation and position Uganda as a digital country in the region Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has become the first telecom in the country to roll out 5G with the new network now available in the Lugogo and …

Ruto directs new measures to improve cargo handling at Mombasa Kampala, Uganda | THE INDEPENDENT | Kenya has agreed with neighbouring countries, a raft of measures to be implemented immediately to improve cargo handling through the Port of Mombasa to the hinterland. Among them, Ruto directed the immediate removal of all …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank, together with Rotary Uganda are extending the annual Rotary Cancer Run awareness campaign to the different regions of the country. This year’s run is scheduled for August 27th 2023 in Kampala, regions and key global cities, under the theme ‘Run for Hope.’ To …

  Kampala, Uganda | THE INDEPENDENT |  Michael Atingi-Ego, Deputy Governor of the Bank of Uganda has called on business organisations to have the right structures, and processes that can help them anticipate and prepare for, respond to, and adapt to disruptions if they are to be resilient. Atingi-Ego was …

Kampala, Uganda | THE INDEPENDENT | Intra-regional trade in the countries in Eastern Africa is still below 10% despite initiatives like East African Community. This is according to a report by the African Development Bank. The Bank in the report said that even the African Continental Free Trade Area has not …