Kampala, Uganda | THE INDEPENDENT | On Aug.17, MTN MoMo announced the launch of the third edition of the MoMo API Group Hackathon, an innovative platform designed to bring together visionary web developers and entrepreneurs from across Africa. This exciting event aims to harness the power of technology and creativity to …
Read More »World Bank funding embargo to Uganda
CSOs want government to renegotiate with the lender on funding key development projects Kampala, Uganda | JULIUS BUSINGE | Following the World Bank decision issued on Aug.8 to stop new public funding to Uganda in relation to the passing of the anti-homosexuality bill into law, a group of civil society organizations …
Read More »Jinja City Council joins Nyege Nyege, urges residents to cash in
Jinja, Uganda | THE INDEPENDENT | The city of Jinja has partnered with the organisers of the Nyege Nyege Festival to capitalize on business opportunities for the city’s residents and businesses. As a result, the festival will be held in Jinja from the 9th – 12th of November at four conjoined …
Read More »Centenary Bank in financial literacy training
Kampala, Uganda | THE INDEPENDENT | Centenary Bank is commemorating 40 years of transformative banking services. As part of the celebrations, the bank embarked on a series of training sessions aimed at empowering educators in financial literacy across various regions. The bank’s initiative to empower educators in financial literacy has been …
Read More »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 …
Read More »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 …
Read More »COMMENT: World Bank’s freezing loans to Uganda and issues human rights
COMMENT | DANNY BRADLOW | Many people may be tempted to view the World Bank’s recent announcement that it will freeze new loans to Uganda because of the country’s vicious anti-LGBTIQ+ law as a harbinger of the Bank taking a more progressive approach to human rights issues. While the announcement is …
Read More »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 …
Read More »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 …
Read More »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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