Kampala, Uganda | THE INDEPENDENT | Standard Chartered recently announced the rollout of enhanced global parental leave benefits that will also benefit its employees in Uganda effective September 1, 2023. The Bank will standardise the amount of parental leave it offers, providing parents the option of undertaking more equitable caregiving responsibilities …
Read More »Afreximbank records 8% asset growth
Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has recorded an 8% growth in assets to $30.1 billion for the six months ending June 30, 2023, driven by an increase in loans. The lender recorded a substantial growth in total interest income, which soared by an impressive …
Read More »Old Mutual Investment group launches dollar unit fund
Kampala, Uganda | THE INDEPENDENT | On Sept.21 Old Mutual Investment Group launched the first-ever dollar unit fund in Uganda, a move aimed to diversify and add to the quality of the investment opportunities on the market. The account was launched with an effective 5% annual interest rate, compared to the …
Read More »Uganda Airlines latest move
Kampala, Uganda | THE INDEPENDENT | Uganda Airlines is set to start direct flights to Mumbai, India on 7th October 2023. Mumbai will bring the number of international flights by the national carrier to two after Dubai, with Guangzhou, China also planned in November, according to the management. The airline, code …
Read More »Human Rights Watch: Museveni must sign employment bill to protect workers
Studies have highlighted the prevalence of workplace violence in Uganda, with a 2021 survey showing 86% of working women experience violence at work Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni should sign into law the recently amended employment bill that was passed in May this year to protect employees particularly …
Read More »Uganda Baati sponsors the 29th Uganda International Trade Fair – 2023
Kampala, Uganda | THE INDEPENDENT | Uganda Baati, announced its sponsorship of the highly anticipated 29th Uganda International Trade Fair under the theme “Driving Manufacturing and Trade Efficiency through Digital Transformation and Innovation”. The event is scheduled to take place from the 3rd to the 10th of October at the UMA …
Read More »Domestic Travel Boom: African airlines prepare for traffic surge
African carriers are introducing larger aircraft and replacing older fleets to meet rising passenger traffic, largely driven by strengthening domestic post-COVID demand and expanding regional networks, according to an international trade association. SPECIAL REPORT | BIRD AGENCY | Over the next two decades, Africa’s jet fleet is projected to more …
Read More »Museveni warns against frustrating investors
Tororo, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has appealed to politicians and public servants not to frustrate investors since they are very crucial in Uganda’s progressive industrialization agenda. Museveni made the appeal on Thursday while commissioning the new Tororo Cement vertical rolling mill plant in Tororo District. He …
Read More »Evolve Africa announces Uganda Marketing Excellence Awards 2023
Kampala, Uganda | THE INDEPENDENT | The third edition of the Uganda Marketing Excellence Awards (UMEAs) are set for Friday, December 1st, 2023 under the theme celebrating ‘Ideas That Work.’ The awards aim at giving brands, agencies and marketers an opportunity to showcase their marketing success and amplify the quality …
Read More »Uganda Airlines poised to end year on a high
Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines is set to start direct flights to Mumbai, India on October 7. Mumbai will bring the number of international flights by the national carrier to two after Dubai, with Guangzhou, China also planned in November, according to the management. The airline, code …
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