Business

Kampala, Uganda | THE INDEPENDENT | The Committee on ICT and National Guidance has recommended the immediate release of Shs9 billion to Uganda Broadcasting Corporation (UBC) in to enable it implement free-to-air signal distribution across the country. According to the Committee Chairperson,  Moses Magogo, the funds were appropriated by Parliament …

West Africa now dominates growth in Africa’s mobile money sector Lagos, Nigeria| BIRD AGENCY  |  East Africa has lost its mantle as the engine of growth for Africa’s dynamic mobile money sector to West Africa, according to GSMA State of the Industry Report (SOTIR) 2023. East Africa – where the …

Investment from Afreximbank and the UN aims to turn the countries from exporters of unprocessed critical minerals to vibrant manufacturing hubs for electric vehicles and batteries Kampala, Uganda | THE INDEPENDENT |  The African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a framework …

Visa Everywhere Initiative tasks startups with solving today’s most pressing payments and commerce challenges, with monetary prizes, global exposure, and validation from one of the world’s most trusted brands Kampala, Uganda | THE INDEPENDENT | Visa Everywhere Initiative (VEI), a global open innovation competition that sees startups pitch their innovative solutions …

Kampala, Uganda | THE INDEPENDENT | RUBiS Energy, one of the leading oil and gas companies in Uganda, has rebranded an additional ten new service stations across Uganda, further extending its high-quality products and services closer to customers across Uganda. The newly rebranded service stations which include; RUBiS Ntinda, Kamwokya, …

Kampala, Uganda | THE INDEPENDENT |  The current poor state of roads in Kampala is a result of the failure of the Kampala Capital City Authority to clear payments for fuel and asphalt material supplied to it by various companies in the past. The Authority owes more than Sh2.6 billion …

Kampala, Uganda | THE INDEPENDENT | Professional accountants have joined efforts to push for better public finance management practices to support economic development. This comes as the government insists that there will be no new loans contracted in the next three years starting with the financial year 2023/24 as the …

Kampala, Uganda | JULIUS BUSINGE | A total of 5,000 students in seven universities countrywide are expected to benefit from this year’s annual career expo. The focus is on empowering the beneficiaries to succeed in the emerging gig economy with the relevant skills. The two-week expo will be held from …

  Kampala, Uganda | THE INDEPENDENT | Muslims dwelling in Kampala city have received an Iftar food package to celebrate Eid as they end the Ramathan season, thanks to Diamond Trust Bank. The food items include sugar, rice, cooking oil and more. The amount spent by the Bank on the …

Kampala, Uganda  | THE INDEPENDENT l On April 13, Uganda Breweries Limited through the brand Johnnie Walker announced a sponsorship package of Shs150million to the Rotary’s 98th District Conference, slated for April 27 -29 in Mbarara District. “We are thrilled to be the exclusive alcoholic beverage sponsor for the upcoming conference, …