The 102 top-performing scholars are from the 50 Districts where the Bank has a branch presence. The Equity Leaders Program (ELP), a mentorship and leadership development program, plays a significant role in extending Equity Bank Uganda’s social impact contribution. Kampala Uganda | THE INDEPENDENT | Equity Bank Uganda has commissioned the …
Read More »CSOs latest concerns on public debt, PDM
The group wants a clear government plan for putting money in people’s pockets Kampala, Uganda | JULIUS BUSINGE | Civil Society Organizations under their umbrella, the Civil Society Budget Advocacy Group (CSBAG) are concerned about the insufficient budget allocation to address domestic arrears arguing that the move could stifle private …
Read More »More than half of listed companies on USE recorded profits
Banking entities posted impressive growth in profit after tax during the year owing to the opening up of the economy and the subsequent growth in the private sector credit Kampala, Uganda | ISAAC KHISA | More than half of companies listed on the Uganda Securities Exchange recorded growth in profits in …
Read More »Business community demands visa-free Uganda to Nigeria travel
Kampala, Uganda | THE INDEPENDENT | The private sector in Uganda and in Nigeria is pushing for the easing of travel visa requirements between the two countries so as to improve trade through the easy movement of persons. The two have also hailed the government of Nigeria for granting Uganda …
Read More »Stanbic Incubator calls for new applicants
Kampala, Uganda | THE INDEPENDENT | The Stanbic Business Incubator Limited (SBIL), a subsidiary of Stanbic Uganda Holdings Limited (SUHL), is inviting entrepreneurs to register and benefit from enhanced training under their Enterprise Development Program (EDP). SBIL Chief Executive, Tony Otoa, the said the invitation for this specialised training is open …
Read More »NSSF sets new date for employer registration
Over 1400 new employers registered since the start of the drive in March Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund has announced an extension of the mandatory registration for employers to June 30, 2023, following requests from small and medium enterprises. The non-compliant employers will thereafter be …
Read More »Former Trade Minister tips women on innovation
Kampala, Uganda | JULIUS BUSINGE | The former Minister of Trade Industry and Cooperatives Amelia Kyambadde has urged women in business to be innovative to be able to succeed in business. She was speaking during the World Intellectual Property Day celebrated on April 26, organized by Uganda Registration Services Bureau (URSB) …
Read More »‘A divided world will hurt Sub-Saharan Africa most’
London, UK | THE INDEPENDENT | The ongoing developments between regions and countries mainly due to the Russia-Ukraine war are likely to hurt Sub-Saharan Africa most if it persists for long, according to a team of experts at the International Monetary Fund, (IMF). The recurrent trade wars between the US …
Read More »‘Independent unit at State House to protect investors from corrupt officials’
Kampala, Uganda | THE INDEPENDENT | The President of Uganda, Yoweri Kaguta Museveni, has said he will institute a specialized Unit attached to State house, which he says will safeguard investors from corruption tendencies, fronted by both politicians and technocrats to fleece investors when they solicit for bribes. Museveni notes …
Read More »India collects record high monthly tax in April
New Delhi, India | XINHUA | Indian government’s revenue through gross Goods and Services Tax (GST) collected in a single month touched the highest ever figure of 1.87 trillion Indian Rupees (22.88 billion U.S. dollars) in April, announced the federal Ministry of Finance on Monday. The federal government introduced the …
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