The Ugandan gambling market is relatively young, and its flexibility attracts millions of users. Currently, both domestic platforms and overseas casinos are accepted in the region, providing players with an amazing choice. Locals often opt for gaming sites registered abroad, as they offer lots of benefits and user-friendly conditions. Minimum …
Read More »Positive Effects of GamStop-Like Software on Ugandan Casino Players
Gambling addiction is the primary challenge the casino sector now faces, and its transfer to online worsens the problem. This risky entertainment is legal in Uganda, but the country still lacks regulations to control the industry and prevent related disorders among the population. Reports indicate that approximately 17.7% of Ugandan …
Read More »Ray G kicks off pre-Bell ObaFest enjoyments at Soho Terrace
Mbarara, Uganda | THE INDEPENDENT | Mbarara’s heritage singer Ray kick started the pre-Bell ObaFest enjoyments last Sunday at Soho Terrace Bar in Mbarara with a stellar performance to some of his popular hits that got the crowd in a frenzy. Hosted by MC Kacheche and Lithan Mc, the duo …
Read More »EADB provides Shs68bn to 1,500 small enterprises
The program, supported by KFW, spans the entire agricultural value chain, from input providers to farmers and traders Kampala, Uganda | THE INDEPENDENT | East Africa’s regional development finance institution, East African Development Bank, has unveiled a Shs 68 billion (USD 15.8 million) fund to support Small and Medium Enterprises (SMEs) …
Read More »First batch of special EACOP oil pipes arrive in Kyotera, Uganda
East African Crude Oil Pipeline (EACOP) Ltd receives delivery of first batch of insulated line pipe for construction. Kyotera, Uganda | THE INDEPENDENT | China Petroleum Pipeline Engineering Co. Ltd, the construction contractor for the East African Crude Oil Pipeline (EACOP) Ltd, has today received a delivery of nine trucks …
Read More »NSSF savers receive 11.5% interest rate, signaling growth and trust
The NSSF Act now enables the Fund to extend its services beyond traditional employees, allowing informal sector workers and the self-employed to join voluntarily Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) recently announced an 11.5% interest rate for its members, a clear indication that despite challenges, …
Read More »UNOC hails Ugandan logistics companies for maximizing local content
Kampala, Uganda | THE INDEPENDENT | The National Oil Company-UNOC has commended players in the oil and gas sector for adhering to the local content needs that have seen numerous Ugandans benefit from the sector. Jessica Kyeyune made the remarks while representing the UNOC CEO at a National Supplier engagement …
Read More »Karuma Hydropower Dam
Uganda makes a major leap in energy future but more work lies a head COVER STORY | IAN KATUSIIME | Uganda commissioned its largest hydropower project, the Karuma Hydropower Dam, on September 26, marking a significant milestone in the country’s journey towards enhanced electricity generation for both industrial growth and household …
Read More »It is all about the people
COMMENT | Doreen A. Muhangazi | In today’s rapidly evolving business landscape worldwide, the caliber of Human Capital in any given organization has become pivotal to its success. Collectively, human Capital refers to the set of skills, knowledge and experience possessed by the Organization’s workforce, and these have since emerged as the …
Read More »PostBank, MTN MoMo partner to usher more Ugandans into the money economy through the XtraCash
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers. This initiative is poised to provide approximately 13 million mobile wallet …
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