Business

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has declared a total of Shs200 million as proceeds from the inaugural Absa KH3 7 Hills Run held on May 28, 2023. The 21km run spanning the seven iconic hills in Kampala organized in partnership with the Kampala Hash House Harriers, was …

Ojangole receives the Award for the third time in a row. Kampala, Uganda | THE INDEPENDENT |  Uganda Development Bank’s Managing Director, Patricia Ojangole has for the third year running won the Sustainability Leader of the Year Award at the prestigious Annual Karlsruhe Sustainable Finance Awards. The recognition is given …

There are no specific regulations for women in procurement despite the provision in the PPDA Act that women be included as a special interest group Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s public procurement sector offers immense economic opportunities to the citizens but there remains a stark gender disparity as only …

Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to JULIUS BUSINGE  about his management philosophy, plans for the organization, and the two sectors; excerpts: It is slightly over four …

St Petersburg, Russia | Xinhua |  In the first half of 2023, Chinese automakers sold more cars in Russia than the whole year of 2022, hitting a new high. According to figures released on Monday by Otkritie Auto, the auto business unit of Russia’s Otkritie Bank, 168,000 Chinese cars were …

Shareholders agree to increase remuneration for company chairman, directors by 20% Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu limited voted overwhelmingly to increase the pay for the company chairman and directors during their 58th Annual General Meeting held at Serena Hotel on July 6. The virtual AGM, attended by …

Kampala, Uganda | THE INDEPENDENT | Global cloud communications firm, Infobip has announced deepening collaboration with Ugandan businesses to help them meet their customers on their preferred channels and boost return on investment. The firm says it is leveraging its omni-channel capabilities to aid companies deploy tools and technologies to help …

Kampala, Uganda | THE INDEPENNDENT | Airtel Business in partnership with Simplifi Networks and ISBAT University today organized the 3rd edition of the Simplifi Tech Talks themed “How does the Internet work?”. The edition, held at ISBAT University Auditorium was attended by university students, ICT enthusiasts, out-of-school youths, and community members …

Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Uganda (CCBU), Mukwano Industries, Harris International, Uganda Breweries Limited and PepsiCo/Crown Beverages (CBL) have joined forces with the aim of establishing a Producer Responsibility Organisation (PRO) in Uganda that will create a non-profit, industry-driven, and financed environmental solution for post-consumer plastic bottles, they …

  COMMENT | CLEVER NICHOLAS | Debt is not merely a financial burden; it can also take a toll on our emotional well-being. The psychology of debt delves into the complex interplay between money and our emotions, highlighting the emotional challenges that often accompany financial obligations. However, understanding these challenges …