EAC remains the biggest market for Kenya’s value-added products such as Cement, Palm oil, Coated Flat-rolled Iron, Soap, Machinery Kampala, Uganda | THE INDEPENDENT |Kenya’s decision to conclude negotiations for an Economic Partnership Agreement (EPA) with the European Union has sparked verbal fights with civil society organisations saying the deal …
Read More »
Kampala, Uganda | PATRICIA AKANKWATSA | Funds locked up in Uganda’s commercial courts as a result of financial disputes have risen to Shs 8 trillion negatively impacting investments, according to the Justice and Constitutional Affairs Minister, Norbert Mao. In 2021, the funds locked up in unresolved disputes before Commercial Court Division …
Read More »
Kampala, Uganda | THE INDEPENDENT | Quarterly Review of the Performance of Uganda’s Financial Markets, with Catherine Kijjagulwe, Head of Trading at Absa Bank Uganda. ****** QUESTION: How did the shilling open the second quarter of the year? The shilling opened the second quarter of the year (April 2023) trading at the …
Read More »
The adoption of PAPSS’s cutting-edge settlement model will streamline operations and empower businesses across Africa Kampala, Uganda | THE INDEPENDENT | Five African multinational commercial banking groups including KCB Group, Standard Bank Group, UBA Group, Ecobank Group and Access Bank Group have signed a Memorandum of Understanding with Afreximbank’s Pan-African Payment …
Read More »
Per capita income increased to about US$930 for FY21/22, edging closer to the lower-middle-income threshold Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic activity is accelerating despite commodity-price inflation, global monetary tightening, international supply-chain bottlenecks, and a local Ebola outbreak, according to the World Bank’s 21st Edition of the Uganda Economic …
Read More »
Kampala, Uganda | JULIUS BUSINGE |The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) on June 26 released the results of the May 2023 examinations. The examinations were conducted from May 29 – June 2 at seven examination centres namely – Arua, Fort …
Read More »
If Uganda is serious about developing new routes to connect the country, it is imperative that a dedicated route development project is formed with a focused team to drive it. COMMENT | DEREK NSEKO | In the pursuit of economic growth, nations around the world are increasingly recognizing the pivotal role …
Read More »
Kampala, Uganda | THE INDEPENDENT | ICEA General Insurance has once again been crowned overall winners of the Insurance Gala 2023 edition held at KISU play grounds. ICEA who were also winners of last year’s edition beat over 40 other participants to the top prize. UAP Old Mutual Insurance emerged the …
Read More »
Kampala, Uganda | THE INDEPENDENT | On June 27, RwandAir launched new direct flights to the popular city of Paris for the first time. Now customers can fly with RwandAir as the only direct service between Rwanda and France as the airline accelerates its ambitious growth strategy and adds a 25th …
Read More »
Kampala, Uganda | THE INDEPENDENT | Airtel Mobile Commerce launch Uganda Limited (AMCUL) and the United Nations Capital Development Fund (UNCDF) have announced the launch of an open application programming interface (API) initiative that will grant innovators easy and secure online access to integrate their businesses with Airtel Money services, making …
Read More »
The Independent Uganda: You get the Truth we Pay the Price