Kenya has constantly banned Ugandan dairy products on its market claiming to protect local producers Kampala, Uganda | THE INDEPENDENT | The Food and Agriculture Organization of the United Nations (FAO) has entered into a new partnership with the Dairy Development Authority (DDA) to boost exports of Ugandan milk and dairy …
Read More »UBL graduates 200
Kampala, Uganda | THE INDEPENDENT | On June 1, a total of 200 youths graduated from Uganda Breweries Limited Learning for Life program, a partnership with Diageo Bar Academy, Light for the World, and Enterprise Uganda. Through this program, the youths have been trained and equipped with business and hospitality skills …
Read More »MTN Uganda focus on entrepreneurship in the new employee campaign
Micro and small enterprises provide most of Uganda’s jobs but they also have a high mortality rate Kampala, Uganda | THE INDEPENDENT | MTN Uganda in partnership with the Uganda Small Scale Industries Association, Maendeleo Foundation, Centenary Technical Services, Centenary Foundation and Tunaweza Foundation on June 01 unveiled its annual 21 …
Read More »African Union in new initiative to boost revenue collections on continent
Data shows most African governments collect about 15% of their GDP in taxes compared to the 40% that is being collected by European, Asian, and North American countries Kampala, Uganda | RONALD MUSOKE | In a bid to boost revenue collection across Africa, the African Union Commission has signed a Memorandum of …
Read More »MultiChoice, UCC showcases Uganda’s cultural heritage
Kampala, Uganda | THE INDEPENDENT | MultiChoice Uganda the home of great Pay-Tv entertainment together with communications regulator Uganda Communications Commission (UCC) brings you Uganda’s traditional folktale in a short film; Nambi. The short film shown for the very first time in a screening at Century Cinemax, Metroplex Naalya on 30 …
Read More »Inflation declines to 6.2% in May
Kampala, Uganda | JULIUS BUSINGE | Uganda’s annual headline inflation decreased from 8.0% for the year ended April 2023 to 6.2% for the year ended May according to data released by Uganda Bureau of Statistics Executive Director Chris Mukiza on May 31. The slowdown in inflation is largely attributed to the …
Read More »Jumia Uganda celebrates 11 years
Kampala, Uganda | THE INDEPENDENT | Jumia, the e-commerce platform in Uganda, kicked off its 11 years celebrations in Uganda with a campaign launch dubbed ‘Jumia Loves You’. As part of the festivities, the company is offering a discount promo of up to 60% across all product categories from June 5 …
Read More »Pearl Dairy launches new product
Kampala, Uganda | THE INDEPENDENT | Pearl Dairy, a processor of milk in Uganda, has launched a new product line of fortified instant milk powder specially formulated for children between the ages of 3 and 5, company executives said on May 31. The product, called Lato Grow, is a premium quality …
Read More »PMI: Rising customer demand support growth of new orders
Kampala, Uganda | IN THE INDEPENDENT | The headline Stanbic Purchasing Managers Index (PMI) reached its highest point this year, posting 57.4 during May, up from 55.4 in April as success in securing new customers had a positive impact on the Ugandan private sector. Meanwhile, this further expansion in new orders …
Read More »Standard Bank Group arranges $202 million syndicated funding for fintech giants M-KOPA
Standard Bank Group has arranged sustainability-linked, multi-currency facilities to support M-KOPA’s growth in Kenya and Uganda Johannesburg, South Africa | THE INDEPENDENT | Regarded as a pioneering and leading fintech platform, M-KOPA’s solutions provide underbanked customers with instant access to everyday products and services via its flexible credit model. M-KOPA’s customers …
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