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 …
Read More »G-25 Africa Summit: An opportunity to market Uganda’s coffee
Kampala, Uganda | THE INDEPENDENT | The Second G-25 Africa Coffee Summit is set to take place in Uganda with the aim of addressing challenges faced by African coffee-producing countries and promoting value addition, as well as domestic consumption of coffee. Frank Tumwebaze, the Minister of Agriculture Animal Industry and …
Read More »Kenya Re unveils subsidiary in Kampala
The Kenyan firm also has operations in Zambia and Cote d’Ivoire Kampala, Uganda | THE INDEPENDENT | Kenya’s state-owned Kenya Reinsurance Corporation popularly known as Kenya Re has unveiled its subsidiary in Kampala, becoming the second reinsurer to have a physical presence in the country besides Uganda Reinsurance Corporation. Kenya Re, …
Read More »Why chain restaurants import potatoes for chips
Kampala, Uganda | THE INDEPENDENT | Experts and market leaders have given a viewpoint as to why large dealers in Irish potato products in Uganda feed their customers on imported potatoes, even when there seem to be plenty grown locally. A study of the market shows that potato crisps, chips …
Read More »Micro lenders look forward to Islamic Banking to enhance inclusion
Kampala, Uganda | THE INDEPENDENT | More financial institutions are coping with the new regulations that were introduced to strengthen the sector. These include the increase in the minimum working capital requirements for commercial banks from sh25 to 120 billion by December 2022 and sh150 billion by June 2024. …
Read More »‘Inconsistency in policies will derail investment in e-mobility’
The new technology is meant to minimize pollution and conserve the environment Kampala, Uganda | THE INDEPENDENT | Uganda’s manufacturers are ready to invest in the emerging E-Mobility sub-sector but the government’s inconsistency in investment policies will derail progress, according to the Uganda Manufacturers Association Chairman, Deo Kayemba. Kayemba, who spoke …
Read More »GOtv introduces new package for soccer fans
Kampala, Uganda | THE INDEPENDENT | GOtv has announced the introduction of GOtv Supa+, a tailored package that will see die-hard fans watch their loved players as the 2023/24 premier league season kick-off on Aug.12. In a media release, company executives said, subscribers have a superb opportunity to connect, subscribe and …
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