Kampala, Uganda | THE INDEPENDENT | CFAO Motors has showcased its products at Kampala Auto Show 2023 July 15 – 16th at Kololo Independence grounds in Kampala. As one of the main sponsors of the Kampala Auto Show, CFAO Motors took center stage by displaying vehicles and motorcycles, including renowned brands …
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Kampala, Uganda | THE INDEPENDENT | Business and political leaders in Wakiso, together with Uganda Development Bank (UDB), have identified the district’s investment potential and discussed sustainable projects that will drive economic growth. The leaders met at a one-day investment conference held at Peniel Beach Hotel in Entebbe, under the theme “Harnessing …
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Kampala, Uganda | THE INDEPENDENT | PostBank Uganda in partnership with MTN Uganda has launched “Wendi,” a mobile wallet platform designed to support the government in the seamless disbursement of Parish Development Model funds. The platform powered by PostBank strategically pivots on the group savings and funds management, digital money savings, …
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Freight Forwarders to meet to talk resilience, adaptability, and diversity in global supply chains Kampala, Uganda | THE INDEPENDENT | The Uganda Freight Forwarders Association (UFFA) in partnership with the International Federation of Freight Forwarders Associations (FIATA), will host the RAME2023 – an international conference that brings together freight logistics stakeholders …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank hopes to strengthen the country’s financial sector by leveraging on the revised minimum capital requirements. The Bank of Uganda said in a statement on July 06 that it is confident that the attainment and maintenance of the revised minimum capital by financial …
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Kabale, Uganda | THE INDEPENDENT | Raphael Magyezi, the Local Government Minister, has ordered the arrest of some officials and a fresh allocation of lockups and stalls in Kabale’s new central market. Magyezi made this announcement during a meeting with disgruntled vendors while presenting the findings of an investigative committee …
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African governments are stepping up efforts to boost domestic resource mobilization Kampala, Uganda | RONALDMUSOKE | Tax authorities in several African countries were able to recoup up to US$1.9 billion in tax revenues in 2022, thanks to the implementation of information exchange mechanisms, rigorous offshore investigations and voluntary disclosures, according to …
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Kampala, Uganda | THE INDEPENDENT | A total of 300 SMEs in Masaka, Mbarara, and Fort Portal have received training in entrepreneurship and financial literacy from Absa Bank Uganda, in partnership with Enterprise Uganda. The training programme saw the SMEs get taken through modules such as business leadership and corporate governance, …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda has launched a mobile-based supply chain platform that allows businesses in the Fast-Moving Consumer Goods (FMCG) to place orders, generate invoices for deliveries, pay and collect returns in real-time. The new platform dubbed FMCG Digital Suite automates the distribution of products and services …
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Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has warned of strong penalties in new regulatory measures, against telecommunications and financial service companies that violate competition and pricing rules. In the draft Fair Competition law, the industry regulator says unfair competition practices are stifling the growth of the digital …
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